ChismartProperty Blog

  Diaspora Investor Alert! Property Investment Trends and statistics in Nigeria.  This content provides a comprehensive analysis of property appreciation trends and statistics in Nigeria, offering valuable insights for potential investors. The Nigerian real estate market has consistently attracted attention due to its potential for high returns on investment. Understanding property appreciation trends is crucial for investors looking to maximize their gains.  Here’s a detailed analysis of real estate appreciation statistics in Nigeria, highlighting key trends and insights for 2024. Lagos: The Commercial Hub Lagos remains the most dynamic real estate market in Nigeria, with significant appreciation in property values. Key areas such as Ikoyi, Victoria Island, and Lekki have seen annual appreciation rates ranging between 10% to 20% over the past five years. Factors contributing to this growth include: Economic Activities : Lagos is the commercial capital of Nigeria, dr...

  Beware: 10 Pitfalls Nigerians Abroad Face When Investing in Property Back Home! Investing in property is one of the most secure ways to grow wealth, and for Nigerians living abroad, it's a great way to stay connected to home while building a valuable asset. However, navigating the Nigerian real estate market from overseas can be challenging. Here are some essential property investment tips for Nigerians in the diaspora. 1. Research the Market Thoroughly Before making any investment, it's crucial to understand the Nigerian real estate market. Research the current market trends, property values, and future growth prospects. Websites like [Nigeria Property Centre] and [Private Property Nigeria] can provide valuable insights and listings. 2. Choose the Right Location Location is everything in real estate. Major cities like Lagos, Abuja, and Port Harcourt offer the best investment opportunities due to their high demand and potential for property value appreciation. Consider facto...

  A short story: Real Estate Or Shares Which is Better? When my friends were buying properties in 2008 I went to stock worth about 15M, as am talking to you some of them are gone just like that, to cut long story short the stock are worth about 200k now, and the house my friend bought same year with same amount is worth 50M. What we have in Nigeria is not a stock market but Scam market. My brother I will never invest in anything invincible again please go for your real estate. The above was the story of a man who learnt his lesson the hard way, and advising his fellow investor on the right thing to do. Now one of the frequently asked questions from first time investors is; Real Estate or Shares Which is a Better  Investment? As an aspiring investor, you're likely wondering where to put your money for the best returns. Should you invest in real estate or shares? Let’s delve into the benefits of each and why real estate might be the better option for your investment portfolio. S...

  How to Invest in Real Estate in Nigeria: A Comprehensive Guide Investing in real estate is a proven way to build wealth, and Nigeria offers numerous opportunities for savvy investors. With a rapidly growing population, urbanization, and a burgeoning middle class, the demand for residential, commercial, and industrial properties is on the rise. This guide will walk you through the essential steps to invest in real estate in Nigeria, from market research to closing deals. 1. Understand the Nigerian Real Estate Market Before diving into investments, it's crucial to understand the dynamics of the Nigerian real estate market. Nigeria's real estate sector is influenced by factors such as economic conditions, government policies, urbanization trends, and population growth. Key cities like Lagos, Abuja, and Port Harcourt offer diverse opportunities, but each has its unique characteristics and challenges. 2. Set Clear Investment Goals Define your investment goals. Are you looking for ...

 Starting a real estate business in Nigeria can be a lucrative venture given Nigeria's growing urban population and housing demand. Here is a detailed, guide on how to start a real estate business in Nigeria: How to Start a Real Estate Business in Nigeria: A Comprehensive Guide Introduction The real estate sector in Nigeria offers numerous opportunities for investors. From residential properties to commercial spaces, the demand for real estate is ever-increasing. This guide will walk you through the steps to establish a successful real estate business in Nigeria. 1. Understand the Market Before diving into the real estate business, it’s crucial to understand the Nigerian market. Conduct market research to identify: High-demand areas: Focus on cities like Lagos, Abuja, and Port Harcourt where there is a high demand for properties. Target audience: Determine whether you want to focus on residential, commercial, or industrial properties. 2. Create a Business Plan A solid business plan...

  Why is There a Misconception That Real Estate Investing is Easy Money? Is it Actually Difficult to Make Money in This Industry? Real estate investing is often perceived as a surefire way to generate significant wealth with minimal effort. This misconception is fueled by various factors, from success stories to media portrayals. However, the reality is more complex. Let's explore why this belief persists and whether making money in real estate is truly challenging. The Origins of the Misconception 1. Success Stories and Celebrity Endorsements: High-profile investors and celebrities often share their real estate success stories, which can create an impression that anyone can replicate their success. Media outlets and reality TV shows glamorize the industry, highlighting big wins and flipping houses for profit, without delving into the hard work behind the scenes. 2. Historical Performance: Real estate has historically been a robust investment. Property values generally appreciate o...

    Buying a Land In Nigeria If you're thinking of buying a land in Nigeria, well it's a good intention but I will advise you to do so with knowledge.   What do I mean? Well the wise thing for you to do is to engage a lawyer who can conduct a land search in respect of the property and investigate the title document of the land.   This is very important especially when you're buying a land in a commercial area like Lagos where the rate at which some fraudulent land sellers are stealing people's money is alarming. It is really important to have a lawyer who is grounded in property law practice before embarking on a land purchase.  This is so because a lawyer would ensure one does not run into legal troubles with land documentation after purchase, and also by virtue of Nigerian laws it is only a legal practitioner that are actually allowed to prepare legal documents for conveyancing or transfer of an interest in a land for a fee. Here is the steps you must follow; ...

  Real Estate In Nigeria_ No secret everything you need to know If you searched for real estate in Nigeria, I want to assume you're a new investor, probably you aren't based in Nigeria, but you need a very useful and and detailed information before investing in any property in Nigeria. If that is the case, then you're in the right place, because I am into real estate, and I promise to give you an accurate and useful information so you won't make any unnecessary mistake. So let's proceed. To invest into real estate, there are certain things you need to consider which are; 1. Think About Your Budget Yes you really need to consider that because your budget determines the kind of real estate strategy you will use, the location of the property, and the type of property you will invest your money into.  Check for some of the lands we have, the prices and location to see if your budget can allow you to invest now, or save more. Here Lands For Sale Shortly I will be showing...

  What Business Can I Start in Nigeria Real estate is one of the businesses you can start in Nigeria that will give you massive returned on your investment. There are several Businesses you can start in Nigeria, but if you're looking at building wealth that can be transferred to your generation, then real estate is the business that can help you achieve that. Whether you're looking to build wealth, or have more sources of income in this new year, starting a real estate business can be a very good way to accomplish your goals. 11% of the mega-wealthy people, became wealthy by this investment. The richest in the world have made their fortunes in many ways, but there is one common thread for many of them: They made real estate a core part of their investment strategy. Of all the ways the ultra-rich made their fortunes, real estate outpaced every other method 3 to 1. Starting and operating a real estate business isn't easy, but if you're focused, dedicated, and work with an...

Benefits Of Investing In Real Estate In Nigeria If you do an internet search using the phrase ‘Benefits of investing in real estate’ you’ll find nearly 180,000,000 results.  Clearly, there are a lot of people interested in investing in real estate today, and who can blame them?  Given everything that’s going  on in the world today, it’s easy to understand why so many investors are looking at putting money into real property instead of a stock market that can change from bull to bear and back again at the blink of an eye. What Is Real Estate According To Wikipedia Real estate is a property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general. Real estate is different from personal property, which is not permanently attached to the land, such as vehicles, boats, jewelry, furn...

  All About Real estate investment in Nigeria Even if you're just eager to know all about real estate investment in Nigeria, or you want to really invest in real estate, you'll find this article very useful because it contains the basics of what real estate investment is all about. Therefore read carefully without skipping any word, for better understanding. Alright? Investment in real estate can be very beneficial to you in on the long run. If done wisely, it will generate lucrative returns. What Is Real Estate Investing? Real estate investing refers to the purchase of property as an investment to generate income rather than using it as a primary residence. In simple terms, it can be understood as any land, building, infrastructure and other tangible property which is usually immovable but transferable through documentation. Some of the examples of real estate are a house, office building, agricultural land, commercial plot, etc. It is considered to be a secured form of invest...

About Adron Homes And Properties "Adron Homes is a Real Estate and property Development company with the purpose of helping people realize their aspirations of owning an amazing home in a secured and classy environment. We currently have over 4,000 acres of land in our Estates in Lagos state and also in Lagos state environs (Ota and Shimawa) and in Abuja. Our estates are priced with the intentions of making it affordable to low and medium scaled income earners.  Our flagship estates are; Treasure parks & Gardens in Shimawa, Grandview parks & Gardens in Atan Ota, Weatlife Park & Gardens also in Shimawa, Town Parks & Gardens in Abuja, Rehoboth Parks &Gardens in Ibeju Lekki, Golf & Estate and Glass House Estate in Shimawa. Rosewood Park & Gardens Apata, Ibadan, City Park and Gardens Asejire Ibadan. Website        adronhomesproperties.com Industry       Real Estate Company size   501_1,000 employees Headquart...

  What Is Estate Management? Estate Management deals with the appraisal, acquisition, development, marketing, or management of a property.  Estate Management includes a broad category of commercial property such as offices, hotels, shops, or it can refer to the management of a residential property like houses. A career in Estate Management offers exciting opportunities for those interested in the property sector. There are long-term job opportunities available to goal-oriented, driven, and passionate individuals. Who is an Estate Manager? An Estate Manager is a person who leads the team for a private client. They work directly with the owner to plan and execute the overall management of property and service. The Estate Manager oversees a large estate and multiple properties owned by one principal. As an Estate Manager, you will be in charge of the staff employed at the properties, overseeing hiring, training, and management. You will represent your clients in matters regarding...

  Is Real Estate A Good Investment? The short answer to this question is yes because, you'll gain many benefits investing into real estate. In this real estate business, you'll have the opportunity of having multiple streams of income, which is very necessary in this present economy. Some people avoid investing into real estate because they feel it requires too much money.  But the truth is, with the little money you have, you can start real estate business on a small scale. And investing into real estate with adequate knowledge will help you. So Here Are Some Reasons Why Real Estate Is A Good Investment You'll Enjoy Continuous Cash Flow. Imagine you own a house. And you rent it out to some Tenants, every year, you'll be receiving a certain amount of money from your tenants, known as house rents.  What if you have like two houses for rent and there are tenants ready occupying the house. How will you feel? I know you may feel over whelmed about the idea of finding qualit...