₦airaland Forum

Description
INTRODUCING PARAMOUNT RESIDENCE

We are delighted to introduce to you our brand-new development Paramount Residence in Lekki phase1

Sitting on a 6500sqm land area, comprising 132 units one-two- and three-bedroom premium apartments in Lekki most sort after business and residential hub, paramount Residence offers a resort-style vacation in your home living with its luxury 52 meters infinity swimming pool and garden sitting right in the middle of the three wings providing complete relaxation after work.

With proximity to everything and designed to create a peaceful soothing ambiance of a resort with modern architecture setting it apart from other developments, rental income is guaranteed.

Also comes with balconies offering a great view of the courtyard, a Gymnasium for healthy workout living, 24 hours power supply, 24 hours security, water, and a waste treatment plant with other additional benefits.

Introductory price of 5% discount off
1 bedroom
2 bedrooms
3 bedrooms(bq)
with a 30% initial deposit and balance spread over 18 months.

Flexible Payment Plan: 18 months / every quarter

20% Down payment*
20% 3 Months from booking*
20% 6 Months from booking*
15% 9 Months from booking*
10% 12 Months from booking*
10% 15 Months from booking*
5% 18 Months from booking*

Few units available

Don’t miss your chance at enjoying the convenience and picking the best apartment in Lekki as the location is 5 minutes away from Ikoyi, 5 minutes away from Victoria island with literally no traffic to and from work, so it’s great for investors and guaranteed investment.
Take advantage.

https://futurehomeproperties.com/property/luxury-2-bedroom-for-sale-in-lekki-phase-1/

Solid and well built spacious 4 bedroom detached duplex:
Features:
Two large sitting rooms
Water treatment plant
Solar Power
Massive Car Lot

Location: Calton Gate Estate, Chevron Drive.

Price: N285m asking.

https://futurehomeproperties.com/property/4-bedroom-detached-duplex-for-sale-at-chevron-drive/

Description
4 Bedroom Terraces at Ikoyi
4 Bedroom Terraces at Ikoyi. Off Plan Sales in Ikoyi. “Hawksworth Ikoyi*

This development consists of :
12 units of four bedroom terraces
12 units of three bedroom apartments
swimming pool
gym
2 car lots for a three bedroom unit
2 car lots for a four bedroom terrace

Price – Terraces n490m – Apartment n350m

6 Reasons to Buy the 4 Bedroom Terraces at Ikoyi

1 Prime Location: The property is located in the sought-after area of Ikoyi, known for its upscale properties and high standard of living. This makes it an attractive option for those looking to invest in a prime location.

2 Luxurious Amenities: The development includes a swimming pool, gym and ample parking space, providing residents with luxurious and convenient lifestyle options.

3 Space and Comfort: The 4-bedroom terraces offer ample living space and comfort for families, while the 3-bedroom apartments are perfect for smaller families or individuals.
Good Investment Opportunity: With off-plan sales, purchasing a property in this development is a good investment opportunity, as the value of the property is likely to appreciate over time.

4 Affordable Price: The 4-bedroom terraces are priced at N490 million, and the 3-bedroom apartments are priced at N350 million, making them an affordable option for those looking to purchase property in Ikoyi.

5 Limited Units: With only 12 units of 4-bedroom terraces and 12 units of 3-bedroom apartments, this development offers a unique opportunity to own a property in a highly desirable area.
In conclusion, purchasing a property in the Hawksworth Ikoyi development offers a prime location, luxurious amenities, ample space and comfort, a good investment opportunity, an affordable price, and a limited number of units, making it an attractive option for those looking to invest in property in Ikoyi.

https://futurehomeproperties.com/property/4-bedroom-terraces-at-ikoyi

The increase in new property construction, renovation of existing properties, and job opportunities are all results of the influx of foreign investment into the Nigerian real estate market.

By generating new sources of income and fostering the development of other industries, it has also contributed to the economy’s growth. This is one Real Estate Market Trends in Nigeria

Overall, the rise in foreign investment is encouraging for Nigeria’s real estate market and is anticipated to continue in the years ahead as more foreigners look for opportunities there.

Nigeria has the potential to draw even more investment and establish itself as a major player in the continent’s real estate market with the right policies and initiatives


More info visit https://futurehomeproperties.com/real-estate-market-trends-in-nigeria/

3. Increase In Foreign Investment

Real Estate Market Trends in Nigeria: The rise in foreign investment is another trend in Nigeria’s real estate market. International investors have shown an increasing amount of interest in Nigeria’s real estate market in recent years, particularly in the areas of property development, rental properties, and real estate investment trusts (REITs).
The Central Bank of Nigeria (CBN) reports that over the past five years, foreign direct investment in Nigeria’s real estate sector has increased by more than 20%, and is expected to reach a total of $3.7 billion in 2020.

Numerous factors, such as the rising demand for homes in urban areas, a thriving economy, and the expansion of financing options for real estate projects, can be credited for this rise.

Through programs like the Affordable Housing Scheme launched by the Nigerian Mortgage Refinance Company (NMRC), which aims to give low-income earners access to affordable mortgage financing, the government and private sector are working to address this issue.

Due to its high growth potential and rising demand for properties, Nigeria’s real estate market continues to be appealing to investors despite the difficulties presented by rising property prices.

In the upcoming years, it is anticipated that the price of real estate will continue to rise, creating opportunities for development and investment in Nigeria’s real estate market.

2. Rise In Property Prices:

The increase in property prices is one of the current real estate market trends in Nigeria. In recent years, the price of purchasing and maintaining real estate in Nigeria has significantly increased, especially in major cities like Lagos, Abuja, and Port Harcourt.

Data from real estate experts show that over the past ten years, property prices in Nigeria have increased by an average of 10% to 20% annually. This increase is primarily the result of rising urban housing demand, rising construction costs, and inflation.

The high cost of real estate in Nigeria also has an impact on the low and middle income groups in the nation, making it challenging for many people to own a home.

For instance, the Affordable Housing Scheme, which aims to give low-income earners access to mortgage financing for the purchase or construction of homes, was introduced by the Nigerian Mortgage Refinance Company (NMRC). By 2028, the program hopes to build 100,000 affordable homes in Nigeria.

Moreover, low-cost housing projects and communities have become more prevalent, particularly in Lagos, Abuja, and other major cities. In order to meet the needs of the low- and middle-income populations, these developments include fundamental amenities and contemporary designs.

Overall, the rise in demand for affordable housing is a glaring indication of the Nigerian real estate market’s importance as well as its potential for growth and investment.

Real Estate Market Trends in Nigeria

Real Estate Market Trends in Nigeria: The real estate market has experienced rapid growth in recent years and is anticipated to do so going forward. Numerous factors, such as population growth, urbanization, and economic expansion, are responsible for the growth. Due to its consistent growth, expanded investment opportunities, and advancements in technology and infrastructure, the Nigerian real estate market has been in the news. The real estate market trends in Nigeria will be examined in greater detail in this article, along with the current and emerging trends that are reshaping the sector. We will highlight the opportunities, challenges, and potential for growth in this fascinating and dynamic market with a focus on facts and figures.


Increasing Demand For Affordable Housing:

Real Estate Market Trends in Nigeria: One significant trend in Nigeria’s real estate market is the rise in demand for affordable housing. More and more people are looking for affordable housing options as a result of the nation’s expanding population and urbanization.

Recent statistics indicate that there is a 17 million unit housing shortage in Nigeria, where the majority of the population cannot afford housing at market rates.

The public and private sectors have been funding initiatives and programs for affordable housing to close this gap.

Conclusion

Finally, it is essential for anyone looking to purchase real estate in Nigeria to make sure that they safeguard their investment by obtaining the necessary key documents.

This includes a title deed, survey plan, and other relevant certificates that serve as proof of ownership and legality. These papers give the buyer peace of mind while also aiding in the protection of the property from legal issues.

It is advised to work with a reputable real estate firm, like Future Home Properties when purchasing a home in Nigeria so they can help you navigate the process and make sure you have all the important paperwork.

These key documents to protect your property when buying aids proper documentation which is essential for protecting your property, protecting your investment, and reaping the benefits of property ownership in Nigeria.

Need help purchasing properties with verifiable documentation? Quickly call us or chat with us on our social media pages.

https://futurehomeproperties.com/key-documents-to-protect-your-property-when-buying/

6. Land purchase receipt

his type of document is important in the event that you purchased a land that is family-owned. Please, ensure you contact the family lawyer and request to be issued a receipt (family receipt) after payment.

Here are five reasons why this document is so important:

1 Evidence of Payment: The land purchase receipt serves as evidence that the buyer has made a payment for the property. This is especially important if there is a dispute over the payment in the future.
2 Proof of Ownership: A land purchase receipt is evidence that the buyer has acquired ownership of the property. This can be useful in case the buyer needs to prove their ownership to a third party.
3 Legal Protection: The land purchase receipt provides legal protection for both the buyer and the seller. In case of a legal dispute, this document can be used to show that the property has been sold to the buyer and the seller is no longer responsible for it.
4 Transfer of Ownership: A land purchase receipt is necessary for the transfer of ownership of a property from the seller to the buyer. Without this document, the transfer of ownership cannot be completed.
5 Record Keeping: The land purchase receipt is an important document for keeping records of property transactions. This can be useful for tax purposes, for future reference, and for financial planning.

In conclusion, a land purchase receipt is an essential document when buying property in Nigeria. It provides evidence of payment, proof of ownership, legal protection, and helps in the transfer of ownership, and serves as a record of the transaction.

4. Excision and Gazette

This land document shows the boundary measurements of a parcel of land to give an accurate measurement and description of that land. It reveals the true ownership status in any properties’ transactions. It also helps to reveal if such land is under the government’s acquisition or committed for future project(s).

Here are 5 key benefits of having an Approved Survey Plan:

1 Legal Validation: The Approved Survey Plan is a legal document that provides proof of ownership and location of a property. It serves as a reference for any disputes or legal issues that may arise in the future.
2 Boundary Verification: The Approved Survey Plan accurately defines the boundaries of a property, ensuring that there is no overlap or disputes with neighboring properties.
3 Development Planning: The Approved Survey Plan is used by developers and contractors to plan and execute construction projects. It helps to avoid errors and ensures that all developments are carried out within the designated boundary of the property.
4 Property Value Assessment: The Approved Survey Plan is used by real estate agents and property valuers to assess the value of a property. It provides information on the location, size, and boundaries of the property, which are important factors that impact the value of a property.
5 Tax Assessment: Approved Survey Plans are used by local authorities and governments to assess taxes on properties. Having an accurate Approved Survey Plan ensures that taxes are accurately assessed and paid.

3. Governors Consent

Governor’s consent as a key documents to protect your property when buying, is the approval that must be given by a governor of a state or his delegate in any transaction that has to do with the transfer of ownership or other interest over land or built up, property in order to make the transaction valid by law.

If you purchase a land which was been previously owned then a Governor’s consent is needed to validate such transaction since the Certificate of Occupancy (CofO) on any given parcel of land cannot be replicated or transferred to another person.

Here are the six key importance of having a governor’s consent in real estate:

1 Proof of Ownership: Governor’s consent serves as proof of ownership of a property and can be used to resolve any disputes that may arise regarding ownership.
2 Legal Protection: Having a governor’s consent ensures that a property transaction is legal and protects the buyer and the seller from any legal repercussions.
3 Aids in Property Transfer: The governor’s consent helps to transfer ownership of a property from one individual to another in a legal and binding manner.
3 Evidence of Proper Approval: Having a governor’s consent serves as evidence that the purchase or transfer of a property has been approved by the state government.
4 Prevents Forgeries: The governor’s consent acts as a security measure against forgeries and other forms of property fraud.
5 Increases Property Value: The governor’s consent is a sign of approval from the state government and can increase the value of a property. A property with a governor’s consent is seen as more secure and valuable compared to one without.
In conclusion, having a governor’s consent is an essential document for anyone looking to buy or transfer a property in Nigeria. It helps to protect the buyer, the seller, and the property and ensures that the transaction is legal and binding.

The deed of assignment must be demanded and given to a buyer after the conclusion of a land or property transaction between the buyer and the seller (owner). It is imperative for a Deed of Assignment document to be recorded at the land registry to show legal evidence as to the exchange of ownership in any land/landed property transaction in order to make the government aware of such transactions.

Here are 2 reasons why the Deed of Assignment/Conveyance is important apart from Evidence of ownership, Legal protection, Facilitation of financing, Protection of property rights:

Ability to sell or transfer property: The Deed of Assignment/Conveyance allows the buyer to sell or transfer ownership of the property, should they wish to do so, as they now have legal proof of ownership.
Clarity and transparency: The Deed of Assignment/Conveyance provides clarity and transparency in the ownership and transfer of the property, ensuring that all parties involved have a clear understanding of their rights and responsibilities.

2 Deed of Assignment/Conveyance

Apart from the Certificate of Occupancy (C of O), the deed of assignment/conveyance is the most recognized document with matters related to land and property sales in Nigeria. A deed of assignment should contain the names and descriptions of the parties involved in the transaction, detailed description of the property history, agreed purchase price, acknowledgment of payment etc.

A Brief Explanation of Each of These Documents:
1. Certificate of Occupancy (C of O)
Certificate of Occupancy as a key documents to protect your property when buying, is regarded as the most important land title document used to certify the legal and ownership status of any land in Nigeria.



It is a land document given by the Federal government (Federal C of O) or State government (State C of O) which officially leases any land under the state to the applicant for 99 yrs.

Here are seven reasons why the Certificate of Ownership is important for anyone buying or selling property in Nigeria:

1 Proof of Ownership: The Certificate of Ownership is the most important document that proves the ownership of a property. This document provides the legal proof of the transfer of ownership rights from one person to another.
2 Legal Protection: The Certificate of Ownership protects the owner’s rights and interests in the property. It serves as legal evidence in any court of law in the event of a dispute over the ownership of the property.
3 Access to Financial Assistance: A Certificate of Ownership is a requirement for accessing financial assistance from financial institutions. If you are looking to secure a loan against your property, the Certificate of Ownership is a key document that lenders will require.
3 Facilitates Sale and Purchase of Property: The Certificate of Ownership is a necessary document when buying or selling a property. This document serves as proof of ownership and is required for any transactions related to the property.
Increases the Property’s Value: A Certificate of Ownership increases the value of a property as it is a tangible document that proves the owner’s rights and interests in the property.
Helps to Resolve Disputes: In case of any disputes over the ownership of a property, the Certificate of Ownership can help resolve the dispute by serving as legal evidence in a court of law.
4 Facilitates Property Development: The Certificate of Ownership is required for any property development activities, such as renovations, additions, or subdivisions. This document helps to ensure that the property is legally owned by the person undertaking the development activities.
In conclusion, the Certificate of Ownership is a crucial document for anyone buying or selling property in Nigeria. It serves as proof of ownership, protects the owner’s rights and interests, and is required for accessing financial assistance and property development activities.

Listed below are six (6) basic documents you cannot do without. Although, in most cases, you may not need to have all of them in a particular transaction but each of them are necessary documents:

1. Certificate of Occupancy (C of O)

2. Deed of Assignment/Conveyance

3. Governors Consent

4. Excision and Gazette

5. Approved Survey Plan

6. Land purchase receipt

Key Documents to Protect Your Property When Buying

Key Documents to Protect Your Property When Buying. Let us look at some important documents that you would need. These title documents are relevant in any land/ property ownership or real estate transaction in Nigeria. These documents are necessary for proper verification of ownership by the appropriate government agencies in charge of lands and real estate matters in Nigeria.

EricBraven:
Here is the link to the website
https://artsy-silk.vercel. app/ (remove the space between vercel. And app/
It has a realtime database where I can see your orders placed and email address of buyer, fill the relevant details. it also has a paystack integration that allow users choose which mode of payment.
Make use of the marketplace to place your order for the art you like.
Try it out and tell me what your experience is, I got the design from twitter, a guy called ossy.
Note, when it comes to key, use a combination of digit and letter and for safe code use 5 letter words .
https://artsy-silk./

You're doing great, but you need to work on your UI/UX

EricBraven:
2.

You tried, but this script is common on the web

EricBraven:
A glimpse of what the artsy is like

You try but HTML and CSS can do just this with ease

truthCoder:
Congratulations on being a software developer.

Now Timothy, you might feel that you are catching cruise and no one can link your posts here to your real life but you are mistaken. Very mistaken.

I am simply advising you that making such fake posts will not give you any credibility whatsoever.

Do you really want to be explaining in a job interview that your fraudulent photoshops of bank transactions were just you fooling around?

You blocked just two numbers in your bank account (which reduces the array length of possible account numbers to just 100). Now with a bank account number checking API plus a filter of first name as Timothy, it takes any scraper just 2 seconds to get your full details.

Now, cross referencing your details with all your footprints everywhere, do you really think you are unreachable?

Now, if you have a small reason for a warrant to be issued against you, maybe even it is even someone in your household that the warrant is issued against and the police come across your edits of bank transactions, how do you want to explain that away?

Now for what gain? What do you really want? You have a beautiful and wonderful mum. She doesn’t deserve to have an headache over your immaturity.

Cheers.

Come to think of it why would police come to arrest someone because he uploaded proof of payment.

That is ridiculous. Allow EFCC do their job if the account is suspected

GREATIGB0MAN:
I'm so much bothered by the same reason you're much bothered about me bothering.
We're in a bothering loop

Lol

GREATIGB0MAN:
I'm not pained.

I dislike misinformation and also enjoy debunking BS

It is not for you to believe or not. So why are so much bothered on someone's account

truthCoder:
Congratulations on being a software developer.

Now Timothy, you might feel that you are catching cruise and no one can link your posts here to your real life but you are mistaken. Very mistaken.

I am simply advising you that making such fake posts will not give you any credibility whatsoever.

Do you really want to be explaining in a job interview that your fraudulent photoshops of bank transactions were just you fooling around?

You blocked just two numbers in your bank account (which reduces the array length of possible account numbers to just 100). Now with a bank account number checking API plus a filter of first name as Timothy, it takes any scraper just 2 seconds to get your full details.

Now, cross referencing your details with all your footprints everywhere, do you really think you are unreachable?

Now, if you have a small reason for a warrant to be issued against you, maybe even it is even someone in your household that the warrant is issued against and the police come across your edits of bank transactions, how do you want to explain that away?

Now for what gain? What do you really want? You have a beautiful and wonderful mum. She doesn’t deserve to have an headache over your immaturity.

Cheers.

Then police and EFFCC will be arresting real estate agent, company or individual who upload proof of client payment on their handles

Every company does that, they show client payment of other client to boost confidence

GREATIGB0MAN:
Only a very fooolish / insecure person will come online to post screenshot of funds he got from a job he's not even started or planned on starting.

Assuming what you posted was real and I was the client that paid you...I'd quickly ask you to send my money back as you lack professionalism and seriousness...
But since it's fake and you're just catching cruzz and hoping to get this type of contract someday... Carry on

Grow up real estate company and many company or agent upload proof of payment on their handle just to boost confidence and trust they are making sales.


Why are you so pained

truthCoder:
Grow up Timothy.
You teach young kids how to code which is commendable but do you really want to be teaching them lies too?

I am a software developer bro. ..so can't I celebrate success on nairaland

Olasyke:
Must be bored to death for one to be sourcing for images of fake alert and posting them every week.

How can one be sourcing fake alert. Wake up and attract blessing to yourself

chatinent:
Congrats.


I can feel the excitement in the air.

Enjoy bro.

Thanks bro, what you wish me will come to you

I started pushing this contract for months, thank God I finally hit the deal to build a financial tech app for a client in Lekki,

Thank God for dream comes through.

Summary

Buying Vs Renting a Home… Of course, there are also potential downsides to owning a home, such as maintenance and repair costs, property taxes, and the possibility of declining home values. Ultimately, the decision to buy versus rent will depend on your individual financial situation, lifestyle, and goals. It’s important to weigh the pros and cons carefully and make an informed decision.

At Future Home Properties, we think that purchasing a house not only represents a wise financial decision but also offers a sense of security and peace of mind that renting cannot deliver. To find your perfect home and learn more about the benefits of owning, get in touch with us right away.

This is our take on Buying Vs Renting a Home.

https://futurehomeproperties.com/buying-vs-renting-a-home/

5. Predictable Cost

When it comes to homeownership, Future Home Properties is aware of the value of financial stability and security. One of the numerous benefits of purchasing a home is having fixed-rate mortgages that allow for predictable payments. Homeowners with fixed-rate mortgages can be confident that their housing costs won’t change, except any increases in property taxes and insurance, in contrast to renting where monthly prices can fluctuate depending on market circumstances and landlord decisions. Its consistency enables better financial planning and can, over time, provide a feeling of stability.

Additionally, homeowners who have fixed-rate mortgages can benefit from inflation. The fixed monthly mortgage payment stays the same over time despite increases in living expenses, making the mortgage payment more manageable over time. As a result, homeowners with fixed-rate mortgages will eventually have more disposable income, resulting in even greater financial stability.