Recent trends have shown that the performance of the Nigerian property market and the economic emergence from recession is being driven principally by the easing of inflationary pressure, improvement of foreign exchange liquidity, improved investment inflows and increased oil production in Nigeria.
This positive outlook has led to a sectorial growth in the overall performance of the premium real estate business. Hence it has made it highly imperative for buyers and sellers of premium residential and commercial real estate in an economy resurging from recession to approach it intelligently by asking the right questions that fosters making the right choices.
In Nigeria, buying or selling a home can be complex and time-consuming. As an investor, before you make the ‘big decision’ about which property to buy, which home loan to select, or which agent you engage to sell your home as a developer, you have other important decisions to make. You are more likely to make the right choices and avoid expensive mistakes by Asking the Right Questions – Doing your Research.
First of all, know what you want. And you can achieve this by making a list of all the essential features you require in your property. Then write a separate wish list of desired but non-essential characteristics, to factor into your decision making when you find them in a property you can afford. From the Legal title documents, to the Developer’s Build Quality and Building Permits, even to the nitty-gritty details around the plumbing system, the soil integrity test and the electrification of the house, asking the right questions will surely help you make the right choices.
Yes, we know how complex it can be to curate and analyse the right data for informed decision making in Nigeria, hence we at Luxury Villas Group have positioned ourselves to be your TRUSTED PROPERTY ACQUSITION & SALES PARTNER all through the Transaction Journey. Therefore, we can help you
- Research the market value of property
- Educate you on the economy and its impact of the property market
- Analyse several industry events and happenings, host investors conference and monitor real estate trends & market performance results.
These are times when property enthusiasts need the right education about the products and services offered by suppliers, legal practitioners, surveyors, buyer’s advocates, mortgage brokers and lenders and data driven insights; and you can get all this from our intelligent real estate expert advice services which over the years has proven to be an excellent source of information.
Our Advisory Service which spans from multiple years of excellent and award winning real estate service delivery is poised to inspire CONFIDENCE and offer PEACE OF MIND which help you avoid dealing with unethical practices such as misrepresentations about property including the price, location, size and quality of build.
In summary, before you make an offer on a house, it pays to ask a handful of questions. While the answers might scare you off or make you rethink your bid, they could make you feel more confident that you’re making the right move on the right house. BEFORE YOU MAKE THAT NEXT REAL ESTATE INVESTMENT… ASK US & WE WILL HELP YOU MAKE THE RIGHT CHOICE.