₦airaland Forum

What I know?

a) From the MOUTH of real estate folks in the same Lagos, Rent on a 3 bedroom is NOT at the average you have there considering different areas of Lagos still offer different rates only that many of the least populated happen to have the highest rates.

b) Majority of the populace in the state live in slums, unless you are now going to swell our heads with stories of how those who live in slums pay as high are N450,000 for rent in one year or that there are no families in the slums living in 3 bedrooms, I am sorry but your number there is higher than the suspected average I have heard and read from professionals in the field.

u like to argue

who are the professionals in the field? i know i have enabled plenty devpts in Lekki and environs with access to debt/mezz
so who shd know? u or tkb?
go abeg

who lives in tht God forsken country sef?

if den born me there, i go don waka through the desert to europe

twats

[quote author=~Sauron~ link=topic=459274.msg6196197#msg6196197 date=1276274571]Cheese n Rice!!!! [/quote]are u surprised

we need to investigate Kobo

:
ive told you to always read well b4 responding
1) what maths doesnt add up?

and the average rent in lagos for 3 bedroom is 450k- why are u arguing? what do u know?

2) my 50milla example yesterday was yaba not lekki and the 500milla is for a 50unit housing estate. 20m is the cost per build
abi u no sabi simple arithmetic?

Kobo read well b4 u respond o

[quote author=~Sauron~ link=topic=459274.msg6195872#msg6195872 date=1276272063]Where you sabi Osharansha? [/quote]KC

Kobojunkie:
Define Goldmine. When you Spend about $50,000 building a 2 flat structure in many parts of Nigeria, and are able to collect about Naira 300,000 a year/two(in lagos especially) in rent , how is that a great deal?

Note: I use Naira 300,000 there but average rent in places like lagos is still below that amount. In Abuja, you probably will need to spend more but chances of getting the higher paying renters is still even lower.

KOBO friend me

first off, average rent in Lagos is like 450k for 3 bedroom

Lemme break it down for u

in Lagos, most devpts are usually build and sell off and in instances when they build to let, they are usually very pricey

the devpt i talked about in yaba will cost about 20 per build and each building is going for 50 milla

it will take 18 months to finish construction and that means in essence, if it will cost them 500m for tht estate, they are making more than 100% in 18 months

thats what i call a goldmine

head to Head

i have Dr Phils Handy men in round 1 and Ranchers bees in round 2

i see

GatewayFC vs Ranchers bees should be a cracker

is that the new thing to discuss?
lol

real estates in 9ja is a goldmine for people o (especially lagos and abuja)

my boi Hernandez is up

Mexico shd remove Franco for Hernandez abeg

that one just dey throway goals

e be like say african teams go suffer for this world cup

make i still dey watch sha

its not over yet

u have Messi on ur bench?
chei

pro01:
^
London na small place na. Anyhow, e be like say you sef sabi small. E don do.

sabi small ke?

i be refined criminal both in Lagos/London o

oya e don do

pro01:
The topic has slowly veered off course; it's now about some schizophrenic fugitives day-dreaming of owning 3 houses in Lekki - from earning £4000/month! Ha ha ha. Talk about 'positive thinking'! If some of y'all have drug-trade connections or high-level fraud competencies (Osharansha & co.), please say so, and go ahead to buy up the whole of Lekki and Ikoyi. If not, please accept that all fingers are not equal, and kindly use the decent £4k/month you earn by washing old white yanshes to take care of your self and solve family problems - rather than continue with these delusions of grandeur. Since when did nurses in yankee start owning homes in Beverly Hills or Malibu?!! Nigerians are a strange bunch!

did you go to Kings College or where u sabi Osharansha from?
London?

ol boi, take it easy

Ibime:
Dis Guy don expose una. . . .Banana Island ko, Banana Republic ni!

hehehehe

thats what its called

that place is the scam of the century

no be me get the place na

my colleagues are betting SA to win

as for me, i aint touching that game

it can go either way

but ill want South Africa to win

Go Go Africa!!!!!!!!!!!

[quote author=~Borat~ link=topic=452736.msg6194753#msg6194753 date=1276261388]yeeh. . omo see team ooo

ok lemme come clean, i bought kaka.
Does anyone else think he is a dud?
Talk now or forever hold your peace!! [/quote]i have kaka, if hes a dud, he'll be the first person to be sold

cecegorz:
Meeeeen!
In choosing the players, you feel first hand what top managers had to deal with when they buy or sell players.

I was just busy grabbing all the top rated players in every position

By the time i looked at my budget, it was almost -20

Now let me line up d killer 11

@TKB, the rookie is blazing hot

lol
make we see na

Dis Guy:
So what _{world class} facilities are in this Banana Island? abi no be this same one?

the place is messed up

AjanleKoko:
A mansion?
More like an entire housing project

gbam!!!!

not even a mansion

abeg that rent is attrocious

some people need to be charged to court for that

i hope the spirits in the bush will remove his eyes and balls

the guvnor must make sure he doesnt come back to the city/civilisation

he shd be living with the spirits
old hag

Ibime:
Make una wait make I go bring my scientific calculator come. . . N50m for house in Yaba?. . . . thank God for Port Harcourt!!!

dont even dare
properties in Lagos are daring

ask anybody

a ghanaian professor in a UNI in Yankee came to 9ja last year and while i was driving him around, he saw the vast developments going on in Lekki area and asked how much the houses were going for; i told him and he was like

that his house in ATL is bigger and not as expensive as the terrace houses we have in lekki
thats the world we live; may Fasola help the poor o

SEFAGO:
Ok, y'all be done with this gay conversation. Everyone knows that only poor people live in lekki phase 1/2. All the big boys on the island are in VI or Ikoyi.

Back to topicc

LOL, do u know 80milla cannot buy a plot of land in a good place in Ikoyi?
Im sure some guys here will know where zain is in Banana island
i wont dislose how much rent goes for in that building

rent per annum in that building will buy me a mansion in yankee

I don't think english is ur prob
Read what tht guy posted

When I say 80milla house, I don't mean a 2 bedroom of course
The 50milla house in yaba is 5 room with Bqs and other amenities
Oga, drop this, yaba is much more in demand than ajah so u can even get a sky scrapper for 10m in Ajah if u bargain well

LOL
Wetin u wan expose?
Maybe a dilapidated house
Lol. Or some people are about to scam u of ur hard earned 35milla
Yaba is sellin for 50, why shd phase 1/2 sell for 35?
E nor make sense
Maybe u shd ask funkybabe cos I know she sold houses in Lagos b4 she joined u peops in UK
Ask her

All of dem dey Ajah
Lol. Golden park/crown no dey Phase 1 and 2

@sauron
Golden crown is in Ajah

@sauron
I don't know why u like to argue o
Golden crown estate no dey phase 1 and 2
There are plenty estates in Abijo lekki with names like that so don't be deceived

@debosky
Are u serious? Good
U can get a place locked down with 10m deposit and u can talk to ur bank/aso savings and loan to finance the balance
Ill send u stuff

Sauron
Tht ur 35milla house is not for peeps like me
If na dt kain house u wan buy, goodluck
Ibeju lekki? Wtf lives there?

@Ibime
Some friends are buildin a 50 unit state modern estate with all d gadget u can think of in yaba and its gonna be sold for 50milla
That's yaba

Terrace houses o with no helipad and swimmin pool
If u know how much houses go for in Lagos, omo u'll scream

KOBO is a man
u dey crase o Kobo

sauron
address Ibimes post

hehehehehehehehe

chei

i dey commot abeg
u guys wont kill me

Ibime:
Houses in Lekki are worth N80m?  

By UK mortgage rules, that means you need to earn £90k gross to get a mortgage in Lekki.
terrace houses in Phase 1 goes for 65-100m

90k? thank u Ibime
ive been waiting for peeps like u to come

so sauron, over to u

dayokanu:
Tkb,

Kobo dey my former hideout.

wa sere

na me and Kobo for November o

LOLOLOL

u guys are cracking me up

i hope Chamo wont come last

Kobojunkie:
I left Ohio a couple of years ago . . . . sorry!! But seriously, it is real. That is the business a lot of a people are in and it is legit and quite lucrative.

so where are u now?

Chicago? where

i need to know