WHAT YOU NEED TO KNOW ABOUT IKORODU LAGOS

 

Ikorodu is a suburb located in the Lagos state of Nigeria. Real estate in Ikorodu has been growing in popularity due to its proximity to the city center and its relatively affordable cost of living compared to other parts of Lagos.

In recent years, there has been a significant increase in demand for residential properties in Ikorodu, particularly for apartments and duplexes. The area is also becoming increasingly attractive to investors and developers, who are constructing new residential developments, commercial spaces, and shopping centers to meet the demands of a growing population.

In terms of transportation, Ikorodu is well connected to other parts of Lagos, with good road networks and public transportation options such as buses and taxis available. The area also has access to essential amenities such as hospitals, schools, and supermarkets.

Overall, Ikorodu is considered a good option for those looking to invest in real estate in Lagos due to its relatively affordable prices, convenient location, and increasing infrastructure development.

Ikorodu Real Estate Overview

Ikorodu is a suburb located in the Lagos state of Nigeria. Real estate in Ikorodu has been growing in popularity due to its proximity to the city center and its relatively affordable cost of living compared to other parts of Lagos.

In recent years, there has been a significant increase in demand for residential properties in Ikorodu, particularly for apartments and duplexes. The area is also becoming increasingly attractive to investors and developers, who are constructing new residential developments, commercial spaces, and shopping centers to meet the demands of a growing population.

In terms of transportation, Ikorodu is well connected to other parts of Lagos, with good road networks and public transportation options such as buses and taxis available. The area also has access to essential amenities such as hospitals, schools, and supermarkets.

Overall, Ikorodu is considered a good option for those looking to invest in real estate in Lagos due to its relatively affordable prices, convenient location, and increasing infrastructure development.



Content on infrastructure in ikorodu

Ikorodu is a suburban area located in Lagos state, Nigeria. In recent years, the government and private sector have made significant investments in the development of infrastructure in Ikorodu.

Transportation: Ikorodu has good road networks, with the Lagos-Ibadan Expressway running through the area and connecting it to other parts of Lagos and beyond. The government has also launched various initiatives to improve the road network, including the construction of new bridges and flyovers to ease traffic congestion. Like the fourth mainland bridge. There are also plans to build a new light rail system in Ikorodu, which will improve public transportation in the area.

Power and Utilities: Ikorodu has seen significant improvements in its power supply, with the government investing in new power stations and distribution networks ( Egbin power plant ).The area also has access to reliable water supply and waste management services.

Healthcare: Ikorodu has several well-equipped healthcare facilities, including government-run hospitals and private clinics, providing residents with access to quality medical care.

Education: The area has a number of well-regarded schools, both public and private, catering to the educational needs of its residents.

Overall, the infrastructure in Ikorodu has seen significant improvement in recent years, providing residents with access to essential services and amenities, and supporting the growth and development of the area.

This why Adefiz Homes present City Garden Estate ikorodu imota and Agbowa to our customers to come and tap into this opportunity. Very close to ikorodu Rice mill,   Caleb university, Relocation of mile 12 market etc.

For more data WhatsApp 07038111802

Document to get when buying property

 Welcome to the world of land investment! The purchase of land is a significant financial decision, so it is important to ensure that you have all the necessary information before you proceed. This document outlines the key steps to take when buying land, including the 

survey: A survey plan is another property document that is important for every property transaction. It gives an accurate measurement of a parcel of land and also describes it. The survey plan is just like a map of a property as it spells out the location where a particular property is located.

deeds of assignment: A  deed of assignment refers to a legal document that records the transfer of ownership of a real estate property from one party to another. It states that a specific piece of property will belong to the assignee and no longer belong to the assignor starting from a specified date

, 

receipts of payment:  A  payment receipt, also known as a receipt of payment, is a document issued from a business to its customer when they have received payment for provided goods or services. Payment receipts should be issued every time a payment is made on a sale - even if it's a deposit or partial payment.

Governor consent: A Governor's consent is a consent obtained from the governor of a state on a land transaction, without which will be deemed illegal in the eyes of the government and the law.

Gazette: A Gazzette is mostly common in urban areas or states. It is so common in Lagos state especially in areas like Lekki and Ibeju Lekki axis. Not to bore you much. A Gazette is an Official record book where all unique government subtleties are spelled out, itemized, and recorded for public notice

excission: What is Excision of Land? In land excision, state governments release land to indigenous peoples or settlers following legal protocols and processes. Since the Land Use Act was enacted, land excision has been used as a method for compensating the original landowners

Government allocation: A Government Allocated C of O simply means a parcel of land which can be in acres or hectares allocated, assigned, and approved by a State Government to a registered real estate company to start selling to people across the globe

and Certificate of Occupancy (C of O):  C of O means a certificate of occupancy issued for a Development Project or Project Improvements.

 With this information, you can make an informed decision and ensure that your land investment is secure. Thank you for investing in the Land.  

For more investment in land and property contact Adefiz homes 

WhatsApp 07038111802.

What You Need to know about Epe Lagos Nigeria

. Epe is a fast-growing city in the western part of Nigeria. It is one of the most attractive cities for investors and businesses looking for new opportunities. With its strategic location in the Lagos State, the city offers excellent infrastructure and access to the sea, as well as a range of industrial, commercial, and residential properties. Epe is also home to the Dangote Refinery and the new Lekki Airport. For those looking for a good place to come and invest, Epe is a great choice. There are some luxury residential estates and even commercial estates in Epe that you can buy and retire in. And as a civil servant or investor, investing in long-term investments is the safest and quickest way to make money. With the increasing development of the city, there are also many opportunities to start businesses and build wealth. Epe is also a great place to visit and explore. There are many cultural attractions and natural sites to explore. With its beautiful beaches, lush vegetation, and tranquil atmosphere, Epe is a great place to spend your holidays. Whether you are looking for a place to invest or a place to enjoy, Epe is the ideal destination. With its strategic location, excellent infrastructure, and great opportunities for businesses and investors, it is a place worth considering. Written by Adedeji Adebisi ( Ceo Adefiz Nigeria limited)

Can real estate make you a billionaire?

 Real estate is the perfect investment for all profession looking for a secure, long-term return on their investments. With the right strategy, real estate can provide excellent returns with minimal risk and hassle. At our

Allocation of client at ibeju lekki 

A certified client at ifo 

Allocation of client at papalanto IFO 

Building almost really at Agbara ALAPOTI 

company, Adefiz Homes, the owner of CITY GARDEN ESTATES we offer customers the opportunity to buy land and get an instant allocation in seven days (7 days) or their money back guaranteed. We specialize in providing quality land, with a wide selection of investment opportunities to choose from. Our experienced team of real estate professionals provide personalized guidance and tailored solutions to help you make the best investment decisions for your needs. With our help, you can make sure that your real estate investments are both profitable and secure.

Real estate investing can be a great way to make a lot of money and even become a billionaire. Investing in real estate can be done by buying land and then renting it out for profit or by buying and selling properties. Real estate investing can be a great way to create passive income and can be done with very little capital. In addition, you can get instant allocation of your money with a money-back guarantee if you decide to buy land and invest in real estate. With the right strategy, real estate investing can be a great way to become a billionaire.

Our estate are located in

AGBARA ALAPOTI 

IKORODU AGBOWA

IKORODU IMOTA 

ATAN OTA

IFO PAPALANTO

KOBAPE ABEOKUTA

IBEJU LEKKI

EPE 

IFO

 BENEFITS: 

Perimeter fencing

Security

Electrification

Good road network

Etc.

BONUS:

You get 20% Discount for the valentine special Promo 

Buy five plots and get one plot free

Buy five acres and get one acre free with free deed of assignments worth 3.6m ( three million, six hundred thousand)

Buy ten acres and get two Acres Free, with free deed of assignments worth 7.2m ( Seven million, two hundred thousand Naira) and register survey plan worth over 9m ( Nine million Naira) 

We also have installment payments plan of 6,12,18 and 24 months. 

This is for Valentine promo end 28th February 2023. 

For more information Whatsapp or call+2347038111802, +2348129020759

Website: Adefizhomes.com

Email address: adefizlimited@gmail.com

How does real estate investment work in Nigeria?

 Last week, I was going through a post on social media where someone asked for investment ideas to help him make good use of his money.

There were varioous opinion, including the usual Ponzi scheme. cryptocurrency etc, pay 1,000 Naira to get 100,000 Naira.” It was quite appalling that only a few persons mentioned something related to real estate investments.

Thus, there are a lot of persons who know little or nothing about real estate investment in Nigeria. So, how does real estate investment works in Nigeria? When it comes to making investments, one aims to get profits that would make them worthwhile. Within the country, there are various profitable investment ideas but one fantastic area is real estate.

The real estate business is one of the thriving industries in Nigeria that has stood the test of time and has still emerged as a gold mine for several years. With 13% of the country’s population being homeless, and a few house owners, such investment is bound to thrive and bring great returns

However, the success of an investor depends on excellent information and knowledge of the sector they have at their disposal.

Let’s jump right in, I’ll be revealing more about real estate investment to help make the whole process less complicated.

What is Real Estate Investment?

Before I proceed what real estate investment is, let me explain some basic facts. Real estate is one of the fast-growing sectors within the country. The high need for residential apartments, commercial buildings, and offices, creates excellent investment opportunities in the sector. Real estate investment works as a financial strategy that usually involves the purchase, ownership, rental, and sale of various properties to generate income.

Sounds interesting, right?

                             CITY GARDEN ESTATE BY ADEFIZ NIGERIA LIMITED

Well, this tangible investment can be the right security for your wealth and provide you with outstanding returns. Its immunity to inflation and enhancement of value can get you to that financial freedom that you’ve always dreamt about. What does this mean for you? Well, you can start earning some money from this type of investment and worry less about the impacts of recession or inflation.

Ways of Investing in Real Estate

There are various ways you can invest in real estate in Nigeria but it would help if you also conduct some extensive research and make strategic plans before getting started. Then, choose from any of the areas below:

The Concept of Land Flipping

For most investors, this seems like one of the most convenient ways of getting their money into real estate to get profits quickly. The good news about this type of investment is that it requires quite a little effort but it deals with some level of smartness. If you are thinking of going through this path, you have to get your money ready and learn more about land ownership.

To get started, you should know that you would be buying lands and selling them without the need of building or developing them. Buying and selling a single plot of land may give you a substantial amount of profit but wait, let me tell you something, that money would be quite significant if there is improvement on the land. Such investment also offers you more knowledge and opportunities in the real estate sector. Soon, you can start buying acres of land and sell them at any time.

Investing in Rental Properties

Ever pictured yourself being a landlord? Well, this is a thriving aspect of real estate investment that is an old practice as land acquisition or ownership. All that is involved in this area of the business is the purchase of properties and renting them out to individuals who then become your tenants.

Before you start investing in properties, please take care in searching for the right property and choose from genuine sellers to avoid being defrauded. You would also need to devote some time to this type of investment, especially when dealing with maintenance to avoid losses. For the busy folks, you can employ a manager that have great skills in taking charge of the property.

As an investor, owning rental properties offers you a fixed income on either a monthly basis, yearly basis, or both. Kindly note that how you get your payments depends on your agreements with your tenants. Interestingly, you can start gaining more profit after a few years, as it is quite normal for properties to appreciate in terms of their value, after a while.

Thus, investing in property now would leave you with a more valuable asset in the next five years. However, you would be solely in charge of whatever maintenance is needed on the property but don’t freight, as the rents you collect from your tenants can easily cover those costs. And that’s just one side of the story, as in most cases,there is still enough left to serve as your profit after paying for the maintenance of your properties.

Investing in Property Development

This aspect of real estate investment may require that you invest a great amount of money, as it is capital intensive but it yields a great deal of profit. The basic thing you have to do is get your money ready and search for properties in the best location around the country and develop them into something more luxurious. By now, you should know that there are trustworthy and legal agents that can help execute this task.

Whether you have an interest in residential estates, commercial outlets, or other properties, you can develop them better and sell later at a higher profit margin. Kindly note that the location is an integral aspect of this area of the investment, as people tend to pay more on properties sited across excellent locations. So, let’s say you invest a hundred million naira, at the end of the development, you might be earning a multiple of that amount or even more.

REITs

If you are thinking of going into real estate investments in Nigeria, you should also consider learning more about Real Estate Investment Trusts. REITs work under the auspices of the SEC (Securities and Exchange Commission). When it comes to REITs, only a few individuals are knowledgeable about this, and investing in these trusts can help generate some great income.

They work as an excellent investment where investors combine their capital to acquire some real estate properties and offer mortgage loans. The management of the trust handles the existing portfolio and takes care of releasing the returns from the capital to the various individuals. Surely, you are getting your money with interest by an indirect real estate cash flow.

REITs work similarly to stocks, as you can buy them and also sell them to those who are willing to buy on major exchange platforms. One interesting benefit of REITs is liquidity, as it offers access to liquid assets that you can sell at fair rates to invest in other investment opportunities within the country. If you are keen on getting into some diversification with regards to real estate investment, this would be quite beneficial.

Conclusion

Real estate investment in Nigeria is a fantastic idea, and it is quite profitable if you deal with a good advantage of helpful information. Individuals are often in need of either a residential apartment or a business outlet, and as such, their needs keep the sector booming. How do real estate investments work in Nigeria? It involves various things, and a peek through this piece would reveal some major things you should know about real estate investments.

Adedeji Adebisi, MD/CEO Adefiz Nigeria Limited, Helps Individuals Invest Right In Real Estate.For Questions On This Article Or Enquiring About Real Estate Email: Adefizlimited@gmail.com or Whatsapp/Call +2347038111802

How to know if there is court case in property in Lagos

*HOW TO KNOW IF THERE IS A COURT CASE ON A PROPERTY IN LAGOS* 

In law, when there is a court case or a pending litigation on a property, we say the property is subject to "Lis pendens". To know if a property is the subject matter of a litigation, one has to go to the Court Registry of the Court within which the land falls under its jurisdiction to conduct a Court Registry search using the particulars of the land. https://wa.me/c/2348138344488

To make it easier for the public to know whether a property is subject to lis pendens, the Lagos State Government developed the LAGOS STATE LIS PENDENS ELECTRONIC SYSTEM where all court matters relating to land in Lagos are listed. The online platform can be accessed via https://lagoslispendens.com.ng/. You will be required to create an account to access the information in the database. As of Thursday, March 03, 2022, the top four locations in Lagos with the highest number of properties under litigation are Ikeja with 468 properties, Lekki with 367 properties, Ikorodu with 306 properties and Agege with 105 properties.

I remain your realtor friend 

Adebisi Adedeji 

CEO ADEFIZ Homes 

+2347038111802

Adefizhomes.com

*Manufacturers pass rising cost of building materials to customers

 

By Adedeji Adebisi 

 Adefiz Homes 

As inflation continues to spiral, major building materials markets in some parts of the country have witnessed a surge in prices, leaving many private developers jittery over maximising profits on housing projects.

Manufacturers are passing on the rapidly rising cost of raw materials to their customers, adding to concerns that inflation, which increased by 18.76 per cent in March from the previous 17.92 per cent recorded in February 2021 may put further pressure on the economy.

The increasing cost has also put the hope of becoming potential homeowners by Nigerians in limbo. About 60 per cent of the total cost of building construction goes to materials while the remaining 40 per cent is spent on labour.

Prices of essential building components like sand, blocks, roofing sheets, tiles; paints and wood have witnessed an increase in prices by over 15 per cent in cities across the country. Most of the developers still rely on imported materials.

The upper Chamber of the National Assembly had moved to cut the skyrocketing costs of component in building construction by urging the Federal Government to introduce liberal policies to stimulate more investment in the manufacturing of products.

The upper chamber said such policies should include provision of industrial and larger tax incentives to encourage local investments.

A survey revealed that tipper load of sand moved from 65,000 in March last year to about N76, 500 now in some states of the Southwest.

Similarly, in Lagos, Rivers, Kano, Abuja, Anambra, Ondo and Oyo states, prices of sanitary fittings like Tryford (w/c) close couple with big hand basin, increased from N34, 000 as of February to N40, 000. The side flush, which was sold for N16, 500 went up to N23, 000 while the Ariston water heater (15-litres) moved from N40, 000 to N45, 000.

The cost of wood is also rising, a Lagos-based developer that got quotation of N170,000 for wood in February last year told The ADEFIZ properties that he was disappointed to learn that the rate has gone above N400,000

Also, in Kano, Ogun and Lagos respectively, prices of corrugated iron roof sheet per bundle rose from between N17, 500 and N18, 500 in February last year to the current rate of N29, 500.

The price of floor and wall tiles has also moved up in some locations like Lagos, Onitsha, Oyo and Ogun. A 60 by 60 tile product goes for between N5, 500 and 7,500. The 40 by 40cm are selling at between N2, 300 and N3, 900 while a 25 by 50cm size is sold for 2,500 depending on the design and quality.

Besides, prices of paints have also been on the rise since December with the price of 20 litre emulsion ranging between N4, 500, and N8, 000, depending on the brand.

A specialist in paint products based in Abia State, traced the increase to high cost of importing chemicals used for the production of paints

Conclusion is for investors in real estate should take advantage of the inflation in the market to invest before materials of building materials will be increasing. 

I remain your Real estate guardian angel and consultant. 

07038111802, 

Adefizhomes.com