In 10 years as a property consultant, and an industry enthusiast, I’ve discovered there are some factors that attract real estate investors to an investment destination. It doesn’t matter if the said destination is a highbrow or middle class neighbourhood; the factors that mostly come into play are:

I. Government policies on real estate acquisition

II. Workability and quality of infrastructure (good roads, water, schools, recreation, social amenities etc.)

III. Location

IV. R.O.E (I) – Return on Equity or Investment.


FOCUS ON GHANA – First Impression



Now let’s relate the principles above to our target country, Ghana

Ghana is a West African, English speaking, country which shares boundaries with the Gulf of Guinea to its south and Cote d’Ivoire to its north. It is home to about 26 million people.

Travelling from Lagos to Accra, the Ghanaian capital is about an hour by flight. The Kotoka International Airport, though small, stands out for its efficiency and for the high level of courtesy and professionalism displayed by workers.

On arrival, I am greeted by the word “Akwaaba”, meaning welcome, displayed on large billboards visible as you exit the airport.


FOCUS ON GHANA – Accra and Environs



Accra is a bit like Atlanta, Georgia, only smaller, with two buzzing down-towns which are, at most, 10-15 minutes apart. Common with these hubs are stunning pieces of real estate, sparkling clean streets, and the presence of five star hotels and restaurants.

While premier Ghanaian schools doesn’t sit on real estate as large as contemporaries in Nigeria, their alumni have gone on to make their mark on the world stage. An example of this is Kofi Annan, the 7th Secretary General of the United Nations, who passed out from the elite Mfantsipim Methodist School, Cape Coast.

Ghana is a destination for lots of holiday seekers due to its friendly and tolerant people, tranquillity environment, and stable power supply. Violent crime is at a minimum and American and European tourists go about on the streets, freely interacting with the locals. This is unlike in our country where siren blaring, gun totting policemen serve as a shield around them.

There is a whole lot to write about this enviable country but I’ll reserve that for another time.


Investment Opportunities in Ghana


Remember we mentioned some factors considered by investors before investing in the real estate sector? Well in Ghana, these factors come together for your good.

In Accra, authorities launched a National Housing Policy, created to ensure an enabling environment for the private sector to continue to provide leadership in the delivery of houses; infrastructural development is progressing at a rate similar to that found in developed economies; many highbrow and middle class neighbourhoods exist; and for the last few years, investors have had their investment value rise on an average of 10% per annum.

… On this, I’m pleased to inform you about a new investment opportunity called Appolonia City, a master-planned mixed-use and mixed-income urban development designed to let you live, work and play.



https://www.youtube.com/watch?v=VhWrjp6XZio


Located 30KM from Accra’s main business node, the 2,325 acre city is being developed for residential properties, retail and other commercial centres, as well as schools, healthcare and other social infrastructure and is complete with world class utilities.

To learn more about Appolonia City, contact us: https://www.lvg.com.ng/contact/

Get the best offer on this open plan office space, located along Admiralty Way, Lekki.

It consists of 3 floors with a penthouse and each floor has 2 wings measuring 320sqm/floor.

The penthouse measures 160sqm.

For inspection, contact the agents in charge.

https://luxuryvillas.com.ng/properties/open-plan-office/

This detached 5 bedroom duplex comprises of

• 3 reception rooms
• guest wc
• dinning area
• fully fitted kitchen with store

It’s situated in UPDC Estate, Lekki, in a gated compound with ample parking space and areas that can be used for leisure or a garden.

The estate also includes facilities such as a tennis court, football court, as well as clubhouse and outdoor kitchen that residents can used with permission.

Additional details: https://luxuryvillas.com.ng/properties/5-bedroom-duplex-for-lease-at-updc-estate-lekki/

T.A Gardens is a new eco friendly resident development situated just outside the Lagos-Ibadan expressway. It features eleven different house types and aims to be a home away from home.

Features: The site is situated on over 40 hectares of land and though on dry land has been sand filled to prevent flooding. It is also an eco friendly estate. Modern finishing and fittings have also been used. There are two bedroom, three bedroom and four bedroom super bungalows. Also available are terrace houses, semi-detached houses, detached houses as well as villas.

Facilities: All buildings come with private front and backyard. Terrace houses and above also feature drive in garages. There are outdoor recreation facilities, club house, parks in every zone of the estate, well tarred roads and drains.

T.A Gardens also features user-friendly homes for older people. Houses also come with 1.5kv solar powered inverters. The Villas also feature swimming pools and there are plans for a mall within the estate.

Whatever your housing needs may be, T.A Gardens has the right property for you.

Video:
https://www.youtube.com/watch?v=lCFw6wbipVQ

Detailed info: https://luxuryvillas.com.ng/properties/t-a-gardens-lagos-ibadan-expressway/

Coconut Groove is a luxury residential complex of 2 and 3 bedroom apartments located in Oniru, Victoria Island, Lagos.

It is situated in a serene location with close proximity and easy access to Ikoyi and Lekki.

Each Coconut Groove apartment comprises of a large open plan lounge/dinning area, spacious bedrooms with ensuite, fully fitted kitchen with pantry and utility room.


Read more: https://luxuryvillas.com.ng/properties/coconut-groove-2-3-bedroom-apartments-for-lease-at-victoria-island/

As you know, beginners in the real estate industry are usually not sure of their options when it comes to investing in real estate market. They have doubts, apprehension or some level of uncertainty as to how things will turn out.

This is not new, neither is it strange. It happens to anyone starting out for the first time in any industry talk less of a industry such as real estate which requires a lump sum investment.

This beginners guide to investing in real estate is designed to help people thinking of investing in real estate to learn the ropes, understand the terminologies and investment strategies which can yield higher profitability. It will also help build experts in real estate investment.

The simple reason is that, real estate investment is a concrete investment. Although the property market may fluctuate, it always bounces back. It is an investment business which can be passed from generation to generation.



Capital Check

This can be as simple as listing all your assets, including incomes and work out your expenses. This will give you an idea of how much cash you have available to invest. In most cases you may have the cash ready. However if you don’t, please do not immediately assume that you can’t afford to invest. As long as you have a stable and reasonably good paying job with solid employment history, you shouldn’t have a problem getting a loan or a mortgage but first seek advice from your bank or mortgage broker.



Articulate your goals

Property investors generally invest in property to secure their financial future or to be free to do what they want, when they want it. In order to achieve your goals, you must first articulate what your goals are. You need to set a deadline as to when you want to achieve these. For example, if want to recreate or replace your income or maybe retire on your investments within 10 years, you can start by creating a 10-year plan, broken down further to 5-yearly, yearly, bi-annual all the way down to weekly timeline. This way you won’t get overwhelmed by the enormity of the task.



Understand your attitude to risk

Doing this will dictate your strategy. Understanding of your own attitude to risk will help you create a strategy that reflects this.



Best Buddy Budgeting!!!

Budgeting is vital. Budgeting is the only way to ensure you’re able to balance your income and expenses. It allows you to see where you’ve been spending your money and helps you to plan for bigger expenses down the line. Make sure you have a budget in place before you start looking for a property.



Draw up your purchase plan


What does an ideal purchase plan look like?

It should facilitate your goals of growing your portfolio to a point where it’s producing the growth or income you’re aiming for. It should also serve as a structure for you to stay in the game.



Here’s an example of a purchase plan you can follow:

Define the market you want your property to cater to e.g. Students, Single professionals, Families, short lets, High end market
Do your research on location to suit your consumer
Cull your list
Get appraisal
Do your due diligence
Make and offer and negotiate



Be informed

Information is power. Being informed means being wary of all the quick and easy methods around you. If you are being guaranteed returns and overnight riches, the best advice is to walk away or better still…..RUN!

No one can make guarantees. Understanding your tolerance for risk will help you shape how much you’re willing to take on over a short or long term.



Stay focused

Make sure you stay focused. Investing in property is a business decision, not an emotional reaction.

Be clear about what you want to achieve
Set a date as to when you want to achieve this goal
Identify milestones you need to do to get to your goals



It is easy to get overwhelmed when starting something new and massive as property investing. However, do don’t give up. Be encouraged. With how fast the real estate market is moving imagine the value of your property in 10 years, if you buy the right properties this year, you could be sitting back, feeling happy, secure and even proud that the properties you bought 10 years ago have that more than doubled in value.

https://www.lvg.com.ng/7-step-beginners-guide-to-investing-in-real-estate/

One very important part of securing your home is ensuring it is fire proof.

While a lot of new houses might not experience some of the fire hazards that older houses face such as faulty electrical or lighting; there are still a lot of things that count as hazards which if not addressed, could have devastating consequences.

According to the International Red Cross society, 45% of all home fires are caused by cooking equipment, which makes it the major cause of home fire accidents. Inappropriate use of heating equipments comes a close second.

Based on these statistics, here are a few tips to help you fire proof your home.

Ensure smoke detectors are installed on every floor, this includes all bedrooms as well as open areas. Be sure to always check them periodically to ensure they are working properly.
Keep a fire extinguisher ready at several places within the house but more especially in the kitchen as this is where a greater number of accidents happen.
If you have a garage, remember to always take extra care with any stored chemicals or fuels. Also, ensure that you always refuel engines out in the open
Do not overload power appliances and switch off any not in use.
Never leave stoves, candles or any other open flames unattended.
Keep matches or any other lighting equipments out of reach of children
Clean the lint filter of your dryer each and every time you use it.
Have a clearly written out escape plan which all members of your home read. Also, you can practice it from time to time so everyone knows what to do in an emergency.

https://www.lvg.com.ng/avoiding-fires-taking-precautions/

Hey guys,

Units of 5 bedroom terraces are available for sale at Osapa London.

These modern terrace houses comprise of a 5 large bedrooms with built in wardrobes and ensuites over 4 floors.

Each unit also features a spacious lounge, fully fitted kitchen with washing machine, and a visitor's WC.

For detailed inquiry and to schedule an inspection, contact the agents in charge.

https://luxuryvillas.com.ng/properties/jordan-terrace-osapa-london/

“Success is not the key to happiness. Happiness is the key to success.” – Albert Schweitzer.

“Success consists of going from failure to failure without loss of enthusiasm.“ – Winston Churchill.

Success has many definitions, but, to succeed as a property manager, the above by famed theologian Albert Schweitzer, and that of one-time British Prime Minister, Winston Churchill, are the only ones you need.

To be a successful property manager, you have to feel it, breath it, and live it. You need to work hard, stay organized, remain calm during emergencies.

To succeed in property management, you need to understand the property under your care, and how to accomplish all tasks on it, within its budget. It is your responsibility to prevent as many problems as possible and to solve any that comes up.

Being a successful property manager isn’t rocket science. All you need is the requisite training, tools, and desire.

Nothing beats being passionate about your job, and it shows in your output.

https://www.lvg.com.ng/how-to-succeed-in-property-management/

The Knightsbridge is situated in the highly desirable Banana Island, Ikoyi, Lagos.

It’s a trendy, luxury development, offering residents a unique living environment with grand, open interior spaces and private outdoor terraces.

Key elements in this property are:

Open plan fitted kitchen
Floor to ceiling windows (with louvers to provide shade from the sun)
High ceilings
Floor to ceiling doors
Double volume spaces (in the lobby and where possible)
Balconies/terraces
Special façade treatments – could be steel or stone veneer elements (also used as interior features)
Contemporary feature staircase with mezzanine floor level

2 bedroom apartments and 4 bedroom detached house are currently available.

Contact for additional details: https://luxuryvillas.com.ng/properties/knightsbridge-banana-island/

3 and 4 bedroom apartments are now available at Ocean Parade Towers, Banana Island.

Ocean Parade Towers is the quintessential development, a home of executives of the nation’s foremost multinationals. It’s designed and built for the discerning high executives of multinational companies and high flying business moguls who believe in absolute luxury living without compromise.

The apartments at Ocean Parade Towers come with the following facilities and features:

Features:

The finishing of this development is state of the art with the following:
Choice tiles for the floor, granite staircases, mantle floor and wall tiles at ground floor entrance.

The windows are aluminum slidings, doors are wooden and rated with aluminum slidings, door at entrance to balcony. There is a general balcony for sit out and three lift for each block.

Facilities:

Well paved drive ways, world class security features and gadgets in addition to corporate guards, ultra modern adult and children outdoor swimming pool, two lawn tennis and a basket ball court, a gymnasium, 24hrs. electricity supply, sewage and water treatment plant, borehole, multi-storey car park, poolside outdoor bar, club house and squash court, amongst others.

For detailed enquiry, please visit: https://luxuryvillas.com.ng/properties/ocean-parade-towers-apartments-for-lease-banana-island/

Own this brand new 4 bedroom duplex in Banana Island.

It comprises of a spacious open plan lounge /dinning area; fully fitted kitchen with pantry; 2x box rooms (1st floor), 3x ensuite bedrooms with built in wardrobes (1st floor); a master bedroom with walk in wardrobe, kitchenette, en suite and access to a balcony (2nd floor).

There’s also a 3-room boys quarter and with separate pedestrians and vehicle gates.

That’s not all.

By buying this, you also get 3 units of 2 bedroom apartments located in the same compound.

Each unit comprises of open plan kitchen/ lounge and 2 spacious ensuite bedrooms with and built in wardrobes. They each have a separate gate to the duplex and space for parking also.

To schedule an inspection, contact the agents in charge.

Read more: https://luxuryvillas.com.ng/properties/brand-new-4-bedroom-duplex-with-3-units-of-2-bedroom-apartments/

Location is the single most important aspect in real estate development.

The reason is, while every other thing about a property can be changed, its location cannot.

You can renovate a building, expand it, make it smaller, or tear it down to build a new one, but you CANNOT change its location. This is why it’s very important you choose your location carefully.

The location determines the price of a property. When you locate your property in a desirable neighborhood, there’ll be a high demand for it and you would sell at a premium.

In reverse, if it’s in an undesirable neighborhood, demand would be less and this would reflect in its selling price.

This explains why houses with the same design and quality, but in different locations, would sell at contrasting prices. If one’s in Ikoyi, and the other, Ikorodu, the price of the former would probably be 3 times that of the latter.

As a real estate investor, you should consider the present and the future. A location which seems like such a big deal now might not be so in another five or ten years. The same goes for a location that appears to be low class at the moment.

You should be able to make proper valuation and projection to determine if that location is the right one for you. For example, are there industries springing up around there? What social class of people are predominant in the area? Is it close to major roads?

These sorts of questions help you determine the right location to invest your money.

Still, when in doubt, call an expert.

https://www.lvg.com.ng/importance-location-buying-property/

In Nigeria, the field of facility management is still pretty new and many property and business owners do not see why they need a facility manager. Most do not even understand the duties of a facility manager.

In this post, I will try to briefly explain what a facility manager does and why your property needs one.


What Does A Facility Manager Do?

Speaking in general terms, a facility manager is one who is in charge of the maintenance of buildings. This goes beyond just surface maintenance to include the infrastructure, materials and facilities that make that building suitable for use. It is the facility’s manager’s duty to ensure that the building is in top shape at all times. This means that a facility manager is always on hand to ensure that the facility is in top shape at all times.

But beyond just maintenance, a facility manager has a role to play from the inception of a building project. He can give insight and advice on how to make the property more sustainable and easier to manage. He can also prove invaluable in purchasing a property.

When planning on investing in commercial or high end residential buildings, choosing an experienced and qualified facility manager will prove to be invaluable. This will eventually translate into longer life span of property as well as savings on repairs of utilities.

https://www.lvg.com.ng/why-your-property-needs-a-facility-manager/

Fancy a stay at the 1004 Estate, VI?

A totally refurbished 2 bedroom apartment is currently available for short-let.

This apartment is designed to provide the ultimate short-stay living experience.

Minimum short stay is 2 days.

Learn More: https://luxuryvillas.com.ng/properties/1004-estates-apartment-available-for-short-let/

Trocadero Square is a new mall located in Lekki Phase 1. It currently has a number of vacant retail and office space.

The building has parking and toilet on ground floor, single shops on 1 st floor, and duplex suites suitable for office or retail on 2nd and 3rd floors. Exterior glass wall panels provide generous natural light, together with the sky light roofing. Each unit comes with 1 storage room, toilet, and air conditioner.

Type:
Mixed (Retail & Office)

Size:
Single Units:50 m 2 /55 m 2
Duplex Suites: 100 m 2 /110 m 2 /175 m 2 /165m

Further details: https://luxuryvillas.com.ng/properties/trocadero-square/

House hunting can be challenging.

Most times, you might end up spending months going from house to house without arriving at a decision. This is because, it is highly unlikely to find a house that meets all of your criteria spot on and still fits your budget.

However, there are always things to bear in mind when house hunting to ensure that you get the right home for you especially here in Nigeria.

The first and most important thing that determines if that house is yours is your budget. It’s imperative to draw up a budget before beginning your house search and stick to it. Sometimes, you might see a house which seems just like paradise but is way over your budget and you might be tempted to just go over board to ensure you get it. The danger here is that a house doesn’t stop being expensive the moment you buy or lease it. If the house is on lease, you are going to have to keep paying rent every year or as stipulated; so ensure you can afford it. Also, a larger and more expensive house equally translates into higher cost of maintenance. So, budget is key.

The size of your family also matters. It is important to ensure that whatever house you are purchasing will be comfortable enough for your family. Also, in a country like Nigeria where extended families are never too far away, it would be helpful to make provision for this when choosing a house.

There are several factors to consider, such as if the home has safety measures put in place (especially if you have kids), lighting and several others.

Overall, you need to choose something that works for you and your family; the house has to speak to you.

When you go for a house inspection, and you immediately feel at home when you walk into the doors of a particular house, you know that house is for you.

https://www.lvg.com.ng/important-things-to-consider-before-getting-a-home/

We're looking for a Group Head of Marketing & Sales. We're looking for a performer.
Salary structure very much negotiable for the right candidate.

Send CVs + cover letters to: info@lvg.com.ng

Luxury Villas is a premium lifestyle property group with cutting-edge professional approach to service delivery. We are one of the leading providers of real estate services with companies specializing in a variety of areas including acquisitions, agency, management and development.

Address: We're at No 84, Ozumba Mbadiwe Avenue, Victoria Island, Lagos.
Website: http://www.lvg.com.ng/

Beautiful and spacious 2 and 3 bedroom furnished apartments available for short let at Ladipo Omotosho Cole Street, opposite Lagoon School, Lekki phase 1.

It comprises of two spacious two (2) bedroom and Six (6) spacious three (3) bedroom furnished apartments in arguably one of Lagos best prime locations, Lekki Phase 1. Our units are situated in the district of Lekki Phase 1, close to some of the best shopping outlets in Lagos.

Our Apartments offer all the convenience a Lagos apartment could ever provide. They’re tastefully furnished to suit most professionals and families. Business travelers will never miss a new opportunity and will benefit from high speed wireless internet access and direct 24 hours car hire (if required). Families searching for self catering apartments for short let that provide for children and offers a safe environment for their loved ones should look no further.

More info and pictures can be found on our website: http://www.luxuryvillas.com.ng/properties/luxury-apartment-short-let-lekki/
We also have one at Awolowo Road, Ikoyi. See details here: https://www.nairaland.com/1872471/furnished-luxury-apartment-shortlet-ikoyi

If you wish to speak with somebody, please reach Linda on 070 406 00000 or Lekan on: 0802 823 7350

Our corporate headquarters is at 84, Ozumba Mbadiwe (water front), Victoria Island Lagos.

Experience a sense of warmth, comfort and glamour at our short let apartments located in the heart of Lagos. Available for short let is a beautiful 3 bedroom apartment located at Awolowo Road, Ikoyi.

Features include but not limited to the following:

1. Elegant and attractive 3 bedroom apartment (all rooms en suite).
2. Property Description: The 3bedroom short let comprises of
3. Fitted kitchen
4. Constant water supply.
5. Constant power supply.
6. Pre paid electric meter in each apartment.
7. Elevator.
8. Adequate parking slot.
9. Gardens.
10. Gym.
11. Lagos lagoon view,
12. Air conditioners in all rooms.
13. And lots more.

You can see more photos on our website: http://www.luxuryvillas.com.ng/properties/short-let-apartment-ikoyi/

You can also speak with Linda on: 070 406 00000.