In terms of ROI, which cashflow model is better, rental or shortlet. Our case study is shortlet vs rental in Lagos, we compare certain factors like running cost, break-even period, management etc.Despite the high rates of shortlet apartments in Lagos, the running cost is pretty...
Based on the recent demolitions in Mende and Ikota, is the Lagos state government a bully?Recently, investors with properties in Lagos have become unsettled, the fear of demolishing their property is rising daily. On this note, what exactly is the Lagos state government doing?, are...
It's vital to identify property setbacks in Lagos, plots and spaces that are forbidden to build permanent structures in Lagos.In addition, if you trespass into any of these property setbacks in Lagos, the government can always appear anytime to remove your buildings from the land....
50% of investors buying an apartment in Lagos have one goal in mind, that's shortlet, so if this trend continues, is a housing doom coming?Nowadays, the buzz in the real estate market is shortlet apartments, several Nigerians abroad finally have a valid real to buy...
2024 started with Nigeria inflation above 30%, that's a crisis for the construction industry.Therefore, in this episode, we will assess the impact of the current hyperinflation in Nigeria within the past 4 months, and how this inflation will affect the real estate sector. Offplan in...
Finally, Dangote refinery Ibeju-Lekki is now working, refining diesel, but is that a good or bad new for Nigeria economy.Considering we have been producing cement locally in Nigeria for decades, but prices and supply in the past 4yrs particularly have not been stable. Despite Dangote...
Nowadays, 95% of property buyers want to sell later, I'm just buying to sell later, but when exactly can you sell that property?In response to the question of when can you sell, we did this map to show the different spots in Lagos, indicating when...
2 shortlet models in Lagos side by side, that's running shortlet per flat or a full building, which of these 2 shortlet models is more profitableIn comparison, we compared the advert budget and efficiency of advertising just a single flat for shortlet, versus advertising a...
Lagos Coastal Road has begun, an highway from Victoria Island to Eleko then down to Calabar, but is this coastal road really important?The Lagos Coastal Road is crucial for enhancing transportation infrastructure in Nigeria's largest city, Lagos. It aims to improve connectivity, reduce transport costs,...
For a place in Lagos where land is N300m, and a 2 bedroom for sale at N100m.How far with Lekki Phase 1 real estate, has it peaked?, are you sure value of real estate in Lekki Phase 1 can still ever double?Investors are constantly weighing...
