All Posts in "first time buyer" Tag

Tag archive page

MREIF: Your Gateway to Affordable Homeownership in Nigeria

Everything You Need to Know About Accessing the MOFI Real Estate Investment Fund The Nigerian Housing Crisis: A Problem Waiting for a Solution. But rest assured, the government is committed to finding a solution. Nigeria faces a staggering 28-million-unit housing deficit, leaving millions of citizens struggling to afford decent, secure homes. Rapid urbanization, rising property prices,…

The Legal Checklist: 7 Documents You Must Verify Before Buying Property in Nigeria

Introduction: The High Stakes of Property Investment Property investment represents one of the most significant financial decisions most Nigerians will make. With land values in prime areas of Lagos appreciating by up to 30% annually and similar trends in other urban centers across the country, real estate continues to be an attractive investment vehicle. However,…

Understanding the Land Use Act in Nigeria: What Buyers Need to Know

The Nigerian property market continues to present substantial opportunities for investors and homebuyers alike, with urban centers like Lagos, Abuja, and Port Harcourt experiencing unprecedented growth in real estate development. However, navigating Nigeria’s property laws—particularly the Land Use Act—remains a significant challenge for many prospective buyers. As someone who has facilitated over ₦30 billion worth…

How to Conduct Due Diligence When Buying Property in Nigeria

Introduction The Nigerian real estate market continues to offer promising opportunities for homebuyers and investors alike. With property values in prime locations like Ikoyi, Victoria Island, and Lekki appreciating by an average of 15% annually over the past five years, the potential for significant returns is clear. However, the path to successful property acquisition in…

Top 5 Mistakes Nigerian First-Time Homebuyers Make (And How to Sidestep Them)

Buying your first home is an exhilarating milestone, but it can also be daunting with potential pitfalls. In Nigeria’s dynamic real estate market, first-time homebuyers often navigate unfamiliar territory, and a single misstep can have long-lasting consequences. To ensure a smooth and successful homebuying journey, it’s crucial to arm yourself with knowledge and avoid common…