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Quickly now, this is the final outline in this series, looking at considerations which are usually overlooked but can and will go a long way to ensure you do not invest poorly in the real estate sector. Accessibility plans as expected, talks about road and transport networks, this outline is for those trying to invest in a virgin land around a previously or immediately inhabited place, looking at situations where you are trying to buy some land in the middle of nowhere. Neglecting this can go as far as stream lining your investment options, and believe it, when it comes to real estate, you want an array of investment options when buying an inhabited land, reasons being that you might think and believe you know what you want to use the land for, but you would be shocked how fast and urgent one government policy or property association’s decision can affect your investment, you do not want to be caught unaware and unprepared for policy changes that are out of your hands. For more enqui...

This outline talks majorly about the shortest commute to the retail needs of your property, yes it is a terrible idea to live or work too close to a mall, but they must not be too far either, unless you are a multi-millionaire or billionaire, nobody wants to work or live more than 30 minutes away from the nearest retail centre or outlet. A retail structure encompasses a lot of ventures, like; ·          Grocery shops ·          Clothing stores ·          Pharmacy or primary health centre ·          salons ·          Departmental stores and many more, you get the gist So if you study there is no retail structure in place yet, you might be doing yourself a huge favour by immediately investing in one for that area, in agreement and relationship with the planning body around that is...

Detailing is the key word in this outline, considering security is not just about physically looking around for stationed security guards, its more about studying; ·          Environment tensions ·          Distance from the nearest police station ·          Property owners association type ·          Political influence within the area ·          Distance from informal settlements ·          Demographical class of the immediate and neighbouring environment All these and many more, hence why it is called a security detailing, as each of what is mention above can and will have an effect on your safety, you can build the tallest fence with armoured gates,   I assure you if you do not carefully check through these determinants, yours o...

B riefly n ow, a lot of people tend to ignore this when building, buying or leasing properties, and the interesting thing is, careful considering this can go to 2 very different extremes, depending on your real estate investment choices, you could either make the biggest mistake of your life or one of the best decisions in your life. An example of a huge mistake is having a residential property very close to an industrial or commercial zone, in other words you never want your house next to a bank or mall or refinery, then again a good example of a great decision is owning a few plots or acres of land close to a bank or mall or refinery, I repeat a few not a single plot, as a single plot is hard to hold on to properly in such a situation, but a few on the other hand will open you up to bigger business opportunities, from multiple business partnerships to purchase offers that will bring you an unbelievable return on investments, also to various property development options. To understa...

Quickly now, like I explained in the last post on considerations to avoid a bad real estate investment, the topography and drainage structure in place might not look too important now, but for someone who has seen the results that come with completely ignoring it, they must be having very mixed feelings about their properties by now. This consideration particular comes to play when you are buying or getting a lease on a property close to a very rural settlement or water body, be it a beach, lake, canal or river, and you stand a huge chance of being affected by floods, be it refuse or water which are caused by; ·          Blocked drainage ·          Improper waste disposal system ·          Unpredictable sea currents ·          Underground soil movements etc Rural and informal settlements tend to always hit the nail on the head wh...

Quickly! Let’s dive into it Outside the typical analysis done when buying a property, where you look at power supply, strong mobile network, transport situations and all that. Here are 5 things that might not seem that important now but can and will go a long way to save you from very bad real estate investments: ·          Topography and drainage structures in place ·          Industrial and commercial zoning ·          Complete security detailing of the environment ·          Retail structure in place ·          Accessibility plans We would be looking at these individually in a series of short posts that accompany this, but for quick enquiries, feel free to send a direct message or put a call through using the cell digits provided, and you will get direct access to one of o...

  Quickly! Let’s dive into it Here are 7 major factors affecting the costs of housing; ·          ECONOMY: The most important factor that affects the costs of any product or service in a capitalized society is the economic situation of that society, hence why a quality apartment or house situated in the most expensive part of a suburb like plateau state can cost just a quarter of the same quality of apartment or house situated in the most deserted outskirts of a city like lagos. Also why a quality 2500 square feet house or apartment in the Uk can and will cost twice as much as a 5000 square feet house or apartment of the same quality in Nigeria. ·          LOCATION: The second most important factor in real estate is location, which although is closely knit to economic factors, it gives a more relatable description of the real estate sector we are all familiar with. Location stands on its own ...

Quickly! Let’s dive into it How much does a typical housing property cost around the world? Briefly; ·          United States of America - $250,000, that’s 95 million naira by the way ·          Canada - $400,000, that’s 152 million in naira ·          Japan - $350,000, that’s 133 million naira ·          United Kingdom - £300,000, that’s 150 million naira ·          France - $300,000, that’s 114 million naira ·          Dubai - $500,000, that’s 190 million naira ·          Switzerland – CHF 1 million (swiss franc/CHF), that’s a whooping #420m ·          Ireland - $250,000, that’s 95 million naira ·          Neth...

Quickly! Let’s look at basic terms of measurements used in real estate, that we are familiar with and their differences, from terms used to measure the area of a property to weight and length measurement units; ·          AREA: space occupied (usually length multiplied by breath) Ø   1 square metre (sqm 2 ) = 10.76 square feet (sqft 2 .) Ø   1 plot = 60 x 120 feet (ft.) = 7200 square feet Ø   1 plot = 18 x 36 metre (m) = 648 square metre Ø   1 acre = 6 plots = 4,046 square metre Ø   1 hectare = 15 plots ·          WEIGHT: relative mass of something Ø   1000 milligram (mg) = 1 gram (g) Ø   1000 gram (g) = 1 kilogram (kg) Ø   2.2 pounds (lb.) = 1 kilogram (kg) Ø   2000 pounds (lb.) = 1 ton (t) Ø   907 kilograms (kg) = 1 ton (t) ·          Finally LENGTH: distance between two point ·  ...

Quickly! Let’s dive into it, Have you ever wonder how much electricity your phone, laptop and home appliance consume, having a knowledge of this can and will go a long way to help you, not only to optimize your power usage to ease your electric bills, but also help in deciding the best type of alternative power supply to employ in meeting you basic needs at home, from the type and weight of the generator, to inverters and solar panels. Briefly now; ·          Cell phone = 2-10 watts ·          Laptop = 50-100 Watts ·          Air condition = 745.7 watts per horse power ·          Coffee maker = 900–1200 Watts ·          Laundry machine = 350–500 Watts ·          Clothes dryer = 1800–5000 Watts ·       ...