Building collapse can be as a result of any number of reasons. Some are man-made reasons while others are natural in nature. Usually, we can do a lot to prevent our buildings from collapsing, especially when it is as a result of an artificial factor. However, natural disasters like the earthquake, tsunami, floods and the...
Housing projects are the norm today, with many developers coming up with big and small residential projects almost on a daily basis. Nowadays, property investors prefer to invest their money in housing projects rather than individual houses, owing to world-class amenities, swanky neighbourhoods, & state-of-art-security measures in place. The crime rate is at an all-time...
Property development can be a very exciting and challenging career choice and also a highly rewarding one if you play your cards right. Like any business, real estate development also has its risks. You can call them pitfalls of a property development if you prefer. However, the opportunity to make massive property development profits over...
Are you looking to get into real estate investing but don’t have the time or energy to manage a property? Passive real estate investing may be the perfect solution for you. Passive real estate investing is a great way to make money without actively managing a property. In this blog post, we’ll discuss the basics...
The process of designing and constructing a commercial or residential building does not just commence out rightly. There are many crucial factors and stages involved that will enable you to have the perfect or ideal building that fits your lifestyle. Below are the most important things that you must bear in mind if you want...
Research has shown that about 900 million people around the world live in slums, lacking access to adequate water and sanitation or adequate housing. It is estimated that 1.6 billion people, a fifth of the world’s population, would lack access to secure, adequate, and affordable housing by 2025. The United Nation’s statistics indicated that the...
No doubt property is a high return business, but it’s also high risk. It’s an ancient profession that will never go out of demand. One needs to understand the industry before jumping into its business. Many things that look easy on the outside will surprise you when you get to their implementation. You should have...
Owning a home isn’t only an emotional experience. It’s also a financial decision that can pay dividends as you build up equity in your home and see your property value increase over time. The rate of this property value increase can depend on a number of different factors, including the community where your home is...
Nigeria is a country with almost 200 million occupants, and also due to the economic and political issues, it has had a negative impact on the real estate market. Inexperience: Some people will claim that they don’t have the knowledge to invest in real estate and manage it effectively, especially Nigerians in the diaspora who...
Statistics have shown that infrastructure represents about 50% of the construction cost for property developers. This indicates that good infrastructures are a key operator of where real estate investment millions go. Nigeria’s real estate sector posted a 3.85% growth in the second quarter of 2021, representing its highest growth in six years. This has been...
