Our solutions
We offer a variety of solutions at Installmenthomes NG, after assessing your housing need, we profer different routes you can take to achieve your dream home in NigeriaWe offer a wide range of housing solutions in Nigeria, these would be explained in detail below. We tailor our proposed house installment solutions based on your needs, regardless of whether you’re a Nigerian based here or abroad.
The key requirement during our consultation process is finding out how much you can afford, either monthly, quarterly or annually. Moreover, your income is very key, as we have to find a balance and match between the house you want to buy, where the house is located in Nigeria and the available installment payment spread which you are eligible for.
1) Offplan
Offplan simply means a project selling while still under construction, for prime locations in some cities in Nigeria e.g. Katampe, Wuye and Mabushi in Abuja, Oniru, Ikoyi, Lekki Phase 1, Chevron, Surulere in Lagos etc, the ideal projects you can key into with a milestone payment plan will likely be an offplan development.
At Installmenthomes NG, we have a portfolio of offplan houses in Lagos, Abuja, some parts of Ogun and Ibadan, which can offer a suitable payment spread for you. In addition, with offplan houses, prices are mostly at market value, making it an ideal investment opportunity for buy and resell, with a ROI of 20% – 25% within 8 to 18 months in places like Lekki, Lagos.
2) Mortgage Financing
With a mortgage financing, we help in taking you through the unknown house mortgages in Nigeria, with careful analysis of very key requirements like Equity, Income to Loan Ratio, Repayment calculation and financial assessment.
Unfortunately, the Nigeria housing mortgage industry is not well funded and awareness is very low, moreso, interest rate on repayment can also be scary, but with our vast mortgage resource, we can always get you a financing partner that can work well for you
3) Landvest
Landvest or Landbanking is another fantastic opportunity for you to invest in the Nigeria property market. In consequence to Nigeria rapidly growing population, accommodation demand in the urban cities of Lagos, Abuja, Port-harcourt, Ibadan etc will continue to rise for likely the next 20 years.
Our landvest scheme solutions, provide you with a chance to grow your capital, with a set ROI of 35% to 60% within 12 to 24 months. ROI depends on capital invested, you can finally grow your funds steadily and gradually, generating returns along the way.
Moreso, these landvest funds are used to finance housing and estate developments in very fast selling locations in Lagos, like Ajah, Ikate, Chevron etc. Within 8 to 12 months, these projects are fully delivered and fully sold out, you can always check out a few currently selling housing developments being funded by these Landvest funds.
4) Property Development
A lot of Nigerians abroad detest the idea of building from scratch, majorly because themselves or a close contact has once tried that, sent money to someone in Nigeria to build a house, at the end they got nothing to show for it.
However, when you consider the fact that most houses for sale with payment spread within urban areas in Lagos and Abuja, would only allow 18 months spread. For some Nigerians, this payment duration can seem too stiff for them, and property developers would charge an interest on any default on the monthly installment.
Therefore, in several situations, it might make more sense and more convenient for you to just secure land in a good estate and develop from scratch. We assist in finding you a trusted builder, setup a milestone payment at your pace for different stage of the building e.g. foundation, decking, roofing, tiling, bathroom fittings, external works etc.
In this regard, we help in assessing your preferences, then most importantly, we advise on the most convenient route that won’t stress your finances. In addition, we provide a cost estimate on your preferred home that will suite your taste and work out a milestone payment that would save you from pressure of monthly installment or the fear of high interest of Nigeria mortgages.
