MACAULAY OAKS
Oakwood Heights Blog
by Omotosho Tobiloba
8M ago
MACAULAY OAKS is an amazing gated estate with 50 serviced plots located in Ibeju Lekki, Lagos State. It offers a variety of amenities such as basketball and football courts, gym house, accessible road network and drainage systems to make life more comfortable for its residents. Each land provides ample space to build upon creating it as the ideal setting for any project The area is surrounded by properties such as ITUNU, TIWA, and AMEN ESTATE PHASE 3 which are selling at an average price of 25-30 million naira per plot. This makes it a great investment opportunity for those looking to purchase ..read more
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THE REAL COST OF RENTAL PRICES IN LAGOS NIGERIA.
Oakwood Heights Blog
by Omotosho Tobiloba
8M ago
Lagos is one of the fastest growing cities in Africa. Apart from being the hub for entertainment and the likes, it also houses famous actors, musicians, and comedians. Lagos may be the smallest state in Nigeria based on landmass but it has the highest number of residents. Since Covid 19, house rentals in Lagos have sky-rocketed about 20%. Due to the effects of this, Landlords have increased their rent over their properties. Lagos is divided into two sections and it includes Mainland and Island. The island is considered as the hub for the rich and affluent, hence it is more expensive while ther ..read more
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DIFFERENCE BETWEEN BANK ASSET AND LAND BANKING
Oakwood Heights Blog
by Omotosho Tobiloba
9M ago
An asset is a resource with economic value that an individual or corporation owns or controls with the expectation that it will provide a future benefit. They are classified into current, fixed, financial, and intangible assets. But today, we shall focus on Bank assets and land assets only. Bank assets are referred to as Current assets. They are the ones an owner can convert into cash or cash equivalents within a year through sale or account payments. They include, cash, mutual funds, marketable securities, accounts receivables, goods and services, supplies, etc. While Land assets are con ..read more
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TOP BEST INNOVATIVE REAL ESTATE COMPANIES IN NIGERIA
Oakwood Heights Blog
by oakwood_admin
2y ago
Getting a home is one of the most expensive purchases you’ll ever make. So, you want to make sure the company you work with is reliable and professional. We’ve compiled a list of the top best Innovative Real estate companies in Nigeria. Whether you’re looking for a house, an office, or a retail space, this list will help you find the perfect fit.   Oakwood Heights Limited This is a real estate company known for their reliability, innovation, professionalism and integrity. They work with the clients budget with the mission of providing simple and affordable housing.    They pr ..read more
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Top Best Innovative Real Estate Companies in Nigeria
Oakwood Heights Blog
by oakwood_admin
2y ago
Getting a home is one of the most expensive purchases you’ll ever make. So, you want to make sure the company you work with is reliable and professional. We’ve compiled a list of the top best Innovative Real estate companies in Nigeria. Whether you’re looking for a house, an office, or a retail space, this list will help you find the perfect fit.   Oakwood Heights Limited This is a real estate company known for their reliability, innovation, professionalism and integrity. They work with the clients budget with the mission of providing simple and affordable housing.    They pr ..read more
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PROPERTY REDEVELOPMENT: WHAT YOU NEED TO KNOW
Oakwood Heights Blog
by oakwood_admin
2y ago
Whenever the subject of property redevelopment is raised, some people restrict their definition to demolishing an old building so that a new one can be built. However, redevelopment is restructuring of a current building or complex to make the it fit with present market trends.  Property redevelopment can occur in different sizes. It can be small or big, or it can be about revitalizing a specific community or site. Let us run through some of the common property redevelopment types you should be aware of.  Refurbishing existing buildings An existing building can be improved upon or re ..read more
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HOMEOWNERSHIP: HOW NIGERIANS IN DIASPORA CAN OWN PROPERTIES AT HOME
Oakwood Heights Blog
by oakwood_admin
2y ago
Buying a property anywhere around the globe can be a stressful process. Nigeria is not an exception to this experience. That said, purchasing a property in Nigeria seems to be more challenging for a number of reasons. Some of the issues include fraudulent practices, quality of the property, transparency of the process, developers’ trustworthiness, delivery timeline, and the inadequacies of the present real estate regulations in the country. Issues like these make the process of buying a property more difficult for those living outside the shores of Nigeria.  As a result of these challenge ..read more
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ISSUES AFFECTING THE REAL ESTATE INDUSTRY IN NIGERIA
Oakwood Heights Blog
by oakwood_admin
2y ago
Although there are limitless opportunities for turning in huge profits in the real estate a market in Nigeria, it also suffices that serious limitations are plaguing the market. Some of these factors have been responsible for the industry’s slow growth over the last few decades. Anyone planning to invest in this business should reflect on these issues and think of how they can get past them. This article will be reeling out some of those factors for you to be aware of.  Liquidity The ability to quickly convert real estate investment into cash whenever necessary is one thing that keeps mot ..read more
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INVESTING IN NIGERIA’S REAL ESTATE INDUSTRY: WHAT TO CONSIDER?
Oakwood Heights Blog
by oakwood_admin
2y ago
Nigeria has been a promising destination for both local and foreign investors when it comes to real estate investment. From the business hub of Lagos to Abuja, where you have the political whims and caprices, a lot has gone down in the real estate industry. And it is not just about companies and individuals buying for commercial reasons; others are also purchasing property for personal use.  Therefore, if you are looking to invest in the Nigerian real estate space anytime soon, you need to be aware of certain factors. This article will be briefing you on some of those factors; Nigerian re ..read more
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CREATIVE FINANCIAL STRATEGIES FOR NIGERIA’S REAL ESTATE INDUSTRY
Oakwood Heights Blog
by oakwood_admin
2y ago
A major problem real estate investors are faced with is how to finance their real estate investment. Securing the ideal financing is a key factor in earning money in the business of real estate. An investor’s two most common methods to buy their first investment real estate or property are loans from a bank or cash transaction. Though these are acceptable means of financing the purchase of a property, not always the best and only options.  The use of alternative solutions for securing finance can be a valuable way to quickly set up your real estate business and broaden your investment por ..read more
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