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Impact of Rising Costs on Nigeria's Housing Market

Posted on 16/02/2024 12:24 PM | by NaijaHouses

In cities like Lagos and Abuja, the rental market has witnessed notable transformations over the past eight years, with exacerbation observed particularly in the last eight months.

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How Technology is reshaping property development in Nigeria

Posted on 12/02/2024 1:23 PM | by NaijaHouses

The landscape of property development is undergoing a profound transformation fueled by technological innovation. From the rise of smart homes to the integration of sustainable building practices, and the advent of artificial intelligence and blockchain technology, the real estate sector is experiencing a paradigm shift like never before

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real estate agent compensation in Nigeria

Posted on 07/02/2024 12:02 PM | by NaijaHouses

The real estate industry in Nigeria operates on a commission-based system, where agents earn their income primarily through successful property transactions.

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Navigating the Booming Real Estate Market in Port Harcourt, Nigeria

Posted on 05/02/2024 1:15 PM | by NaijaHouses

As one of Nigeria's rapidly expanding cities, Port Harcourt, with its population exceeding 2 million, stands out as a thriving hub fueled by its robust oil and gas industry

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Demystifying Mortgages in Nigeria

Posted on 05/02/2024 11:19 AM | by NaijaHouses

A mortgage is a financial arrangement wherein a bank or mortgage institution extends a loan, facilitating an individual's acquisition of a house or property.

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Disadvantages of Purchasing Off-Plan Projects

Posted on 02/02/2024 12:01 PM | by NaijaHouses

Investing in real estate is a significant decision, and many homebuyers are drawn to the allure of off-plan projects, where properties are purchased before they are constructed.

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7 Reasons to Prioritize Home Inspections Before Purchase

Posted on 02/02/2024 11:02 AM | by NaijaHouses

One of the key steps in this process is a comprehensive home inspection, offering invaluable insights into the condition of the property. 

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Economic Challenges Drive Increased Borrowings in Nigeria's Real Estate Sector

Posted on 29/01/2024 12:13 PM | by NaijaHouses

The escalating inflation and exchange rates have prompted concerns about the sustainability of increased credit in the real estate and construction sectors. Analysts warn of potential cyclical effects on real estate products and the finance market.

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Understanding Homelessness in Nigeria

Posted on 26/01/2024 2:37 PM | by NaijaHouses

Despite Nigeria being free from armed conflict or war displacing its citizens, it surprisingly leads African countries with the highest levels of homelessness. This phenomenon, occurring in the largest economy on the continent, raises concerns about the factors contributing to this crisis. 

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Green futures in new homes

Posted on 25/01/2024 3:19 PM | by NaijaHouses

Consider the environmental impact by exploring properties with sustainable and energy-efficient features. Modern homes are increasingly incorporating green technologies to enhance energy conservation, reduce utility costs, and contribute to a more eco-friendly living environment. 

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