Connect with us

society

10 Advantages of Buying Off-Plan Property in Nigeria by Dennis Isong

Published

on

10 Advantages of Buying Off-Plan Property in Nigeria by Dennis Isong 

10 Advantages of Buying Off-Plan Property in Nigeria by Dennis Isong

 

 

 

 

 

 

Have you ever thought about buying a house or apartment that hasn’t been built yet? This is called buying “off-plan” property. In Nigeria, more and more people are choosing this option when they want to own a home. Let’s explore 10 big advantages of buying off-plan property in Nigeria.

 

 

 

10 Advantages of Buying Off-Plan Property in Nigeria by Dennis Isong 

 

 

1. Lower Prices

 

One of the best things about buying off-plan is that it’s usually cheaper than buying a finished home. When you buy early in the building process, developers often offer lower prices to attract buyers. This is because they need money to start or continue building. By buying off-plan, you can get a great deal on a property that might cost much more once it’s finished.

 

For example, let’s say a developer is planning to build a block of apartments in Lagos. They might offer the first few buyers a 20% discount on the final price. This means you could save millions of Naira just by buying early!

 

2. More Time to Save Money

 

When you buy off-plan, you don’t have to pay for everything at once. Usually, you pay a deposit first, and then you make more payments as the building goes up. This gives you more time to save money or arrange a mortgage. It’s like having a savings plan that ends with you owning a home!

 

Let’s say the apartment you want costs 50 million Naira. You might pay a 10% deposit (5 million Naira) when you agree to buy it. Then, you could have 18 months or more to save up or arrange the rest of the money before the apartment is ready.

 

3. Customization Options

 

Another great thing about buying off-plan is that you often get to choose how your home looks inside. You might be able to pick the colors of the walls, the type of flooring, or even the layout of the rooms. This means your new home can be just the way you like it, without you having to do any extra work.

 

Imagine being able to choose between having a big kitchen or an extra bedroom. Or picking the perfect tiles for your bathroom. When you buy off-plan, you often get these choices!

 

4. Newer Designs and Technology

 

Off-plan properties are usually more modern than older homes. Developers use the latest building techniques and include new technologies. This could mean better insulation to keep your home cool, solar panels to save on electricity, or smart home features that make life easier.

 

For instance, your new off-plan apartment might come with high-speed internet already installed, or a modern security system to keep you safe.

 

5. Higher Potential for Increase in Value

 

Property values in Nigeria often go up over time, especially in big cities like Lagos, Abuja, and Port Harcourt. When you buy off-plan, you’re locking in today’s price for a property that will be finished in the future. By the time your home is ready, it might already be worth more than what you paid for it!

 

Let’s say you buy an off-plan apartment in Abuja for 40 million Naira. Two years later, when it’s finished, similar apartments in the area might be selling for 50 million Naira. You’ve already gained 10 million Naira in value!

 

6. Better Locations

 

Developers often choose great locations for their new projects. They look for areas that are growing or improving, places close to important roads, schools, or shopping areas. By buying off-plan, you might get a chance to own property in an area that will become very popular in the future.

 

For example, a developer might start a project in an area of Lagos that’s getting a new train station. By the time your home is ready, you could be living in a well-connected, sought-after neighborhood.

7. Guaranteed New Home

 

When you buy off-plan, you know you’re getting a brand new home. Everything will be fresh and unused. This means you probably won’t have to spend money on repairs or renovations for a long time. New homes also often come with warranties, so if anything does go wrong, it can be fixed for free.

 

Imagine moving into a home where you’re the first person to use the kitchen, or sleep in the bedroom. Everything is clean, new, and working perfectly!

8. Easier Budgeting

 

Buying off-plan can make it easier to plan your finances. You know exactly how much you need to pay and when. This can help you avoid surprises and make sure you have enough money saved at the right times.

 

For instance, if you know you need to pay 20% when the foundation is laid, 30% when the walls are up, and the rest when it’s finished, you can plan your savings or loan payments to match these stages.

9. Potential for Better Deals

 

Developers want to sell their properties quickly, especially at the start of a project. This means they might offer special deals to early buyers. You could get extras included in the price, like air conditioning units, a parking space, or even furniture.

 

Some developers might even offer a guarantee to buy back the property at a higher price if you decide you don’t want it when it’s finished. This can give you peace of mind about your investment.

 

10. Excitement and Anticipation

 

Last but not least, buying off-plan can be really exciting! You get to watch your future home being built from the ground up. Each visit to the site shows more progress. It’s like watching a dream come true in front of your eyes.

 

This excitement can make the waiting time feel special, rather than frustrating. You have time to plan how you’ll decorate, or to save up for furniture. By the time you move in, you’ll already feel a strong connection to your new home.

 

 

Dennis Isong is a TOP REALTOR IN LAGOS.He Helps Nigerians in Diaspora to Own Property In Lagos Nigeria STRESS-FREE. For Questions WhatsApp/Call 2348164741041

 

 

society

Genesis Global Church To Host 2024 Harvest of Celebration With Theme: “Turning Point”

Published

on

Genesis Global Church To Host 2024 Harvest of Celebration With Theme: "Turning Point"

*Genesis Global Church To Host 2024 Harvest of Celebration With Theme: “Turning Point”

 

 

 

The much-anticipated Harvest of Celebration 2024 is set to hold on the 15th of December, 2024, at the renowned Genesis Global Church, Dalemo Alakuko, Lagos. Themed “Turning Point,” this event promises to be a life-transforming gathering, bringing together individuals and families in a grand celebration of faith, thanksgiving, and divine encounters.

Genesis Global Church To Host 2024 Harvest of Celebration With Theme: "Turning Point"

Scheduled to commence at 10:00 AM WAT, the Harvest of Celebration is not just a spiritual event but a festive occasion featuring an atmosphere of joy, community, and uplifting experiences, a day filled with hope, rejuvenation, and positivity.

Organized by Genesis Global, the Harvest is an annual event designed to inspire and uplift participants, marking a season of thanksgiving and renewal. This year’s theme, Turning Point, emphasizes the power of divine intervention and personal transformation, making it a must-attend for anyone seeking spiritual awakening and guidance as we approach the new year.

Attendees can look forward to an exciting lineup of activities, music, and inspiring moments that capture the essence of the Genesis Global experience. Make sure to save the date and be part of this remarkable celebration!

For more details, visit Genesis Global Church or contact the organizers. Don’t miss this opportunity to be part of a “turning point” in your journey!

Continue Reading

society

Teenager locked inside cage for visiting female classmate

Published

on

Teenager locked inside cage for visiting female classmate

Teenager locked inside cage for visiting female classmate

 

A 17-year-old boy Samuel Onyeme was on Sunday allegedly beaten and locked inside a dog cage for visiting a female classmate, Miss Anastasia Celestine.

It was reportedly gathered that the incident happened when Onyeme visited his female classmate in her residence around 6:pm

The victim’s mother, Mrs Onyeme, told our correspondent on Monday that it was a better experience she received at Mr Celestine’s house.

She said, “My son, Samuel, a 17-year-old Senior Secondary student of Redeemers International High School, Asaba, Delta State, on Sunday, visited his classmate, Anastasia Celestine, at her residence after she invited him.

 

“My son said they were having a discussion outside the house of Mr Celestine when he was brutally assaulted by her father and his two sons.

“They attacked him on the street, dragged him into their compound, and inflicted severe physical injuries on him. You see his head, he said they used wooden planks and locked him inside a dog cage.

“During the assault, they confiscated his mobile phone and called me (mother) deceiving me into coming to the scene. Upon my arrival, I was deprived of seeing him for two hours.”

 

She said her daughter, Jessica, who was outside attempting to seek help, was also subjected to assault by members of the Celestine family when she tried to re-enter the compound.

“The situation escalated when Ben, the other of my sons, who is the elder brother to Samuel, contacted a family friend, who then reached out to a human rights organisation before they mobilised police, officers were mobilised to rescue Samuel from the dog cage around 10:00 pm that night.”

 

Speaking further, a human rights activist, Mr Victor Ojei, who reported the incident to the Delta State Police Command, on Tuesday said he mobilised the police before Samuel was rescued from the dog cage, and described the act as barbaric and inhumane.

Ojei, in a petition addressed to the Commissioner of Police, Delta State Police Command, demanded the immediate investigation and prosecution of Mr Celestine and his sons for kidnapping, unlawful detention, assault, and attempted murder in line with the provisions of Nigerian Criminal Law and the Violence Against Persons (Prohibition) Laws.

The petition, copied the Attorney General, Ministry of Justice, Asaba, Delta State and the State Coordinator, National Human Rights Commission, Asaba, Delta State, called for justice.

“One Onyeme Ben contacted a family friend, who then reached out to our organisation. Following our report to the Delta State Police, officers were mobilised, and Master Onyeme Samuel was rescued from the dog cage around 10:00 pm that night.

“Based on the above facts, Mr Celestine and his sons have committed criminal offences which include unlawful detention of Mrs. Onyeme Onome for two hours against her will, and the forcible confinement of Master Onyeme Samuel in a dog cage from 6:00 pm to 10:00 pm.which contravenes Section 364 of the Criminal Code Act.

“The brutal assault on Master Onyeme Samuel using wooden planks, resulting in multiple injuries and psychological trauma, is a violation of Section 355 of the Criminal Code Act.

“Attempted murder; threats to pour fuel and set Master Onyeme Samuel ablaze amount to attempted murder under Section 320 of the Criminal Code Act.”

It was learnt that the victim, Samuel, is currently receiving treatment at the Asaba Specialist Hospital as a result of physical injuries and psychological suffered during the incident.

 

When contacted, the Police Public Relations Officer in the state, SP Bright Edafe, said he hadn’t received the report of the incident as of the time of filling this report.

Continue Reading

society

Oil thieves angry with me, says Tompolo

Published

on

Oil thieves angry with me, says Tompolo

Oil thieves angry with me, says Tompolo

 

The founder of Tantita Security Services Nigeria Limited, High Chief Government Ekpemupolo, alias Tompolo, says he is constantly facing threat to his life by the powerful people behind oil theft in the country.

According to him, the oil thieves are powerful people outside of the Niger Delta.

Tompolo, speaking at Oporoza, the headquarters of the Gbaramatu Kingdom, on Monday, alleged that some naval personnel, a few days ago, forcefully attacked operatives of the private outfit during the arrest of some suspected oil thieves along the Port-Harcourt creeks.

Speaking during a working visit of the Nigerian Bar Association national executive, led by its President, Afam Osigwe (SAN), to the oil-bearing community, Tompolo called for synergy between the Navy and other security outfits.

 

Tompolo noted that in the course of the surveillance operations to round up crude oil barons, Tantita had stepped on toes and had become the target of revenge missions.

He said, “While doing this work, we have stepped on a lot of toes of people over there in Lagos and Abuja. We have stepped on a lot of toes. As I am here, after my court cases, I cannot travel anywhere because of me and the key people (barons) fighting this battle.

“If I want to travel to Abuja to visit you, I must go with security. Even with two or three security personnel, none of them are happy with me, and they are now collaborating with top players involved in oil theft.

 

“Most times, you see that Tantita Security now has confrontations with the Navy and every well-meaning Nigerian knows the function of the Nigerian Navy and Tantita, but nobody wants to come out to face the truth.

“If we happen to arrest anybody now, we would get a lawyer from Abuja, Lagos or Ibadan to do the case very well.”

Tompolo expressed worry that efforts to checkmate crude oil theft were being sabotaged in some quarters.

“Some few days back, our people intercepted a vessel in Port Harcourt, where the Nigerian Navy was shooting at Tantita Security, with police, Department of State Services and Nigeria Security and Civil Defence Corps.

“We want to implore and beg you (NBA). You must play in this present situation, because if we are not careful in this country, maybe we will not have money to do any reasonable thing.

“All of us here know that Nigeria is facing hardship. A bag of rice is over N100,000.

“We are going to do our part locally. But you (NBA) are there at the top. If we make arrest today, lawyers would stand on the other side and this side.

 

“Can somebody come to load a vessel of 500 metric tonnes in this community? Nobody has that capacity; the person comes from Lagos, Abuja, or neighbouring countries.

“The man here would be a water boy for the people in charge. That is the one we would arrest,” he said.

Efforts by our correspondent to reach the Nigerian Navy spokesman, Commodore Aiwuyor Adams-Aliu, for comments on the issue, were unsuccessful at the time of filing this report.

 

A female official in the Naval Public Relations Office who picked up telephone calls from our reporter simply said she “had been transferred to Lagos,” just as she maintained that “Commodore Adams-Aliu is in the best position to react to the issue.”

Speaking earlier during a courtesy call on the Pere of Gbaramatu kingdom, Oboro-Gbaraun II, in his palace, the NBA President expressed delight over the recent announcement from the Nigerian National Petroleum Company Limited that oil production had risen to 1.8 million barrels per day, with a promise to increase it up to 2 million bpd by the end of this year.

“If the oil production keeps going up, it will benefit all of us and the government will be able to provide for the needs of the people,” he stated.

Consequently, the NBA president maintained that “there is a need to stem the theft of our commonwealth.

 

Continue Reading

Cover Of The Week

Trending