NewStats: 3,263,808 , 8,181,467 topics. Date: Sunday, 08 June 2025 at 02:13 AM 535460

Are you a digital marketer or real estate person? Would you like to take your digital marketing skills to the next level and earn BIG with referral marketing? Hybrid Landtech is looking for talented individuals to our team and drive in leads to our prime estates in Ogun State and Lagos (Epe and Ibeju-Lekki). With our commission-based structure, the more you sell, the more you earn!

Here's the Deal
- Commissions start from 15% per sale (yes, you read that right!)
- Estates selling for N2m - N35m per plot
- Homes selling for N30m - N75m
- Monthly incentives for performers who meet a minimum of N2m monthly target.

What We Offer
- Uncapped earning potential
- Flexibility to work independently
- Opportunity to sell prime properties with C-of-O and Government Allocation titles
- Ongoing and training to help you succeed

About You
- Proven digital marketing experience (or a willingness to learn)
- Strong communication and sales skills
- Results-driven mindset
- Ability to work independently

Ready to Get Started?
Send a message to our WhatsApp number: +2349163331487

Don't Miss This Opportunity! our team and start selling today!
#DigitalMarketingJobs #RealEstate #CommissionBased #OgunState #Lagos #Epe #IbejuLekki #SalesOpportunity #CareerGrowth #EarnBig #UncappedEarnings

magicminister:
Do your absolute due diligence. Claims of having CofO for each plot could be dubious!
Make sure you do your land search and everything required before you commit to any land or property in Lagos. Even then, the government can decide to reclaim your asset whenever they want.

This fear is understandable. But this estate has a file number that is verifiable at Alausa. We are ready to welcome you on inspection of site with your team of surveyor and property lawyer. Come and take the land coordinates and file number. We take time with our clients to do due diligence.

Rhymeyjohn:
12 million for a land deep inside Epe.... Mhen that's huge

Havens Cottage is a minute from the Lekki-Epe expressway

Hybrid Landtech is also seeking for active and competent real estate marketers who know their onions and have been in the industry for a while. We are a real estate brand that sells agricultural, residential, commercial, industrial and mixed use lands with office in Lekki Phase 2.

We have hundreds of acres of estates across 6 locations in Ibeju-Lekki (1), Epe (4), and Ijebu Ishiwo (1). Our property prices range from N2m to N20m per plot and up to N60m for homes in Lagos. Our estates boast titles and documentations like approved C-of-O, C-of-O in view, government excision and government allocation.

We offer one of the most competitive commissions and incentives on the market. Enquire within via Whatsapp or email for more information or to declare interest: +2349163331487 - [email protected].

Note: Only active and competent realtors.

Own a Piece of Epe's Thriving Future at Havens Cottage!



Are you looking to invest in the booming Ibeju-Lekki-Epe corridor? Look no further than Havens Cottage by Hybrid Landtech!
This prime property by Hybrid Landtech offers you the ultimate security and peace of mind with a DIRECT C-of-O issued by the Lagos State Government. This is a FIRST for Epe!

Here's what makes Havens Cottage unbeatable:

Rock-Solid Documentation: Get a piece of land with a C-of-O, Deed of Assignment, and ed Survey. Your investment is 100% protected!

Unmatched Appreciation: Witness incredible growth! Havens Cottage has gotten appreciation of more than 200% increase in just 18 months since the launch!

Direct C-of-O with Verifiable File Number: Invest with confidence! Havens Cottage boasts a Lagos-approved C-of-O with file number LU/AP/DGC/09153.









Beyond estate documentation and validity, Havens Cottage offers:

Prime Location
3-minute drive to Lagos State University of Education
3 minutes from the Lekki-Epe Expressway ️
4 minutes to Lagos State University of Education
12 minutes to St. Augustine University

Benefits
1. Certificate of Ownership (C-of-O), ed, verifiable survey, and deed of assignment
2. Machine-landscaped, dry-land estate
3. Fully-fenced with gatehouse for ultimate peace of mind
4. Drainage and on-site water borehole for property development projects already done.
5. No omo onile wahala
6. Immediate allocation after payment
7. Flexible payment up to 6 months with no added interests

Perfect for
1. Building your dream home now!
2. Land banking for future development
3. Diasporan Nigerians seeking a secure future in Epe 🇳🇬

Price
Plots start from N12 million (300 sqm) and N20 million (500 sqm).



Call or send us a WhatsApp message for more enquiries or to book a viewing: +2349163331487

Pictures showing property allocation exercises at Havens Cottage and other estates owned by Hybrid Landtech are below:

Sponsored Post

Let applicants know the salary and benefits details.

Greenville 2 Estate, the much-anticipated second phase of Hybrid Landtech's estate in Poka, is here to redefine your property investment experience.

Our unwavering commitment to estate development, streamlined documentation, swift allocation processes, and prime location has led to an astounding 140% growth in estate value within just over a year for the first phase of our estate in Poka, where 100% of those who finished paying for their properties have gotten their allocation.

Phase One Sold Out, Phase Two Unveiled
The initial phase of our estate in Poka is now completely sold out. This is a testament to its popularity and value. Responding to the overwhelming demand, Hybrid Landtech proudly presents Greenville 2 Estate, located a mere 25 minutes away from Poka, Epe.

Prime Location at Epe Toll Gate


Situated in the heart of Ishiwo, the new estate is conveniently located just a quick 10-minute drive from Epe, Lagos, at the Epe Toll Gate. And there are up to 40 acres of land up for sale, whether for land-banking or immediate construction.

Not only is it accessible, but it's also budget-friendly, starting at just 1.25 million naira for a generous 300 SQM plot. Just like what our investors got at Poka, Epe, Hybrid Landtech guarantees at least a 100% return on investment in a year on estates at Greenville 2 because of its strategic location and various other factors.
Exceptional Connectivity to Major Cities
Hybrid Landtech's new estate in Ishiwo boasts excellent connectivity, with Lagos's finest road networks just a three-minute drive away. This strategic location connects you to cities near and far, including Abeokuta, Ibadan, Lagos Island via Lekki, and the mainland through Berger.

Spacious Living
At our estate in Epe Toll Gate, a full plot means true spaciousness - an expansive 600 SQM, not the standard 500 SQM you might find elsewhere.

Flexible Payment Options

Priced at an outright 2.5 million naira for a full 600 SQM plot and payable immediately after inspection or over the course of three months, we offer flexible payment options to suit your needs. Let's chat!

Us
Secure your future here or schedule an inspection today by reaching out to us via phone or WhatsApp:

Phone: +2347031028401, +2349068880930
For more information and comprehensive details, visit us at www.hybridlandtech.com. Your dream home is calling!

Tyktoker:
I need legit land in epe not black job or dagbo ohhh, because me sef street too soak for my body, can to turn water to wine any moment. If anyone, like I said no encumbrance, preferably 50by 100 let's jist!

Hi Tyktoker

Talk to the realtor or Hybrid Landtech for more information.

phemmyfour:
These are uncompleted or yet to be started project. Beware of scam

Foodqueen:
U will think it's epe till you start the journey.

U can spend 3hrs on okada before you get there.

Havens Homes is two minutes drive from the Lekki/Epe expressway

AllenSpencer:


Of its high and guaranteed, it’s worth it.

You will pay that high and still won’t see property. Those guys can give you different excuses for 5 years.

Havens Homes is 100% guaranteed. There are land coordinates in that post which you can give to your surveyor to confirm. The property is already under construction, it's not a question of if. Also, you can pay in installments up to 18 months. As you pay, we build and you can come on site as we build before dropping payments. As for the price, it covers up to the furnishing of the homes. Iron rods per ton is currently 500k plus. Cement over 5200 per bag. It's one of the most reasonable offers on the market when you compare the features.

seborrhic:

The price shocked me too.
In that sort of bushy area with no amenities yet,land will be around ₦2m at most.
Assume another ₦1million to be generous,for development levy for amenities.
So they want to build a 3 BR with ₦42million!
There is indeed real money in Real estate because they will build that thing for ₦10m-₦12m and pocket about ₦30million for each 3BR.That's almost criminal.
So if it comes with furnishing they will be quoting ₦80m!

Kindly read the post. It includes furnishing of the house. 2 minutes proximity to express road. Did you see the landmarks? You may also want to make your research on how much land is sold in Epe right now!

Omoawoke2:
How true is this?

It's true and legit sir.

us for inspection or more information:
Email: [email protected]
Call/WhatsApp: +2347031028401, +2349068880930

Land purchase offers are also on in this eastate (see attached for allocation).

For inquiries on inspection, purchase or marketing partnership, please reach out to us:

Email: [email protected]
Call/WhatsApp: +2347031028401, +2349068880930

More on-site pictures of the gatehouse under construction and a 3-bedroom bungalow detached home already under construction, available for outright or installment purchase:

Epe has been tipped to become the new Lagos and emerge as Nigeria's new modern city, just like Lekki and Ikeja. The influx of private commercial establishments, along with the proposed Lagos State International Airport, is transforming Epe into a bustling hub of investment. On the other hand, they are also creating a vacuum for real estate needs along the Ibeju-Lekki, Epe, and Ijebu axes. Securing suitable housing in Lagos often comes with a hefty price tag, a challenge particularly faced by the working class. But with Hybrid Landtech's off-plan home project in Noforija, Epe, you can heave a sigh of relief if you're looking to buy a new home in Lagos.

Introducing You to Havens Cottage by Hybrid Landtech



Allow us to introduce you to Havens Cottage, Epe — an affordable luxury housing scheme crafted for your comfort and convenience.
Havens Cottage, a development by Hybrid Landtech Limited in Havens Cottage, Noforija, Epe Lagos, is designed to address the Lagos housing deficit. These apartments are available in various bedroom numbers and features to suit various resident/family sizes, needs and budgets. We build and furnish them and give them state-of-the-art interiors, providing affordability without compromise.


A 3-bedroom off-plan home in the making, searching for its perfect owner

To simplify payment, Havens Cottage offers a flexible scheme, allowing payments to be spread over a period of 18 months. So, we build as you pay and you can see the progress either virtually on our social platforms or physically on site whenever you want.

Close Landmarks

Located in Noforija, Epe, Lagos, Havens Cottage boasts close proximity to key landmarks:

1. Proposed International Airport – 20 minutes' drive
2. Access Bank - 7 minutes drive
3. Julius Berger Cashew Factory - 8 minutes drive
4. Atlantic Hall School (currently Nigeria's best secondary school) – 7 minutes drive
5. Lagos State University of Education Campus, Noforija – 3 minutes drive
6. Epe Resort – 10 minutes drive
Isimi Lagos – 11 minutes drive
7. St. Augustine Private University - 8 minutes drive
8. Yabatech Permanent Site – 10 minutes drive
Alaro City – 19 minutes drive

Estate land Coordinates: 733608, 609332, 733591, 609338

Explore our Apartments and Homes at Havens Cottage

1. Studio Apartments



Our studio apartments cater to single working individuals seeking spacious and well-designed 1-bedroom accommodations. These fully furnished apartments feature a living space, bed space, kitchen, and bathroom.

Pricing:
Outright: ₦13M (0-6 months)
Installment: ₦15M (0-12 months)
Installment: ₦17M (0-18 months)

2. 2 Bedroom Apartment (Flat)

Ideal for working professionals, our well-furnished 2-bedroom apartments provide extra space and comfort.

Pricing:
Outright: ₦26M (0-6 months)
Installment: ₦28M (0-12 months)
Installment: ₦30M (0-18 months)

3. 2 Bedroom Apartment (Bungalow)


These spacious 2-bedroom apartments are a perfect fit for larger families or frequent visitors. Full housing finishing with ample parking space for three cars

Pricing:
Outright: ₦33.25M (0-6 months)
Installment: ₦36.25M (0-12 months)
Installment: ₦40M (0-18 months)

4. 3 Bedroom Apartment (Bungalow)


For those who desire a luxurious lifestyle, our tastefully furnished 3-bedroom apartments are a perfect choice. Fully-fitted finishing with Ample parking space for three cars.

Pricing:
Outright: ₦38.25M (0-6 months)
Outright: ₦41.25M (0-12 months)
Installment: ₦45M (0-18 months)

Don't miss the opportunity to own your dream home. us now for more details.

Buy Into Our Off-Plan Homes at Havens Cottage Now!

But into our off-plan homes now when they're still affordable. Whether you reside in Nigeria or abroad, we manage the entire construction process, from the ground up to furnishing, at rates below the market average.

To come inspect the Havens Cottage site or for inquiries on marketing partnership, please reach out to us:

Email: [email protected]
Call/WhatsApp: +2347031028401, +2349068880930

For more information, visit: https://hybridlandtech.com/havens-cottage/

Sponsored Post

Disclaimer: Havens Cottage is an independent real estate development project by Hybrid Landtech Limited and is NOT D with The Havens Homes or any other real estate brand. For further inquiries, please us via the provided email and phone numbers.

Time for Abuja to attract like Lagos

Get your affordable real estates at www.hybridlandtech.com

aycorporat:
What's the procedure for becoming a marketer?
I have clients since its genuine.

Kindly send us a WhatsApp message: 08054215999

Atk1nson:
Tinubu has used poverty to finish people....bro tomato and palm kernel are two different things

It's not today tomato started becoming scarce. This agenda

Are you a ionate, experienced, and professional realtor with a hunger for success?
Hybrid Landtech Limited is actively seeking ambitious realtors to our dynamic team and make waves in the real estate industry.

With properties spanning across Lagos and Ogun, we offer a diverse portfolio of land properties and off-plan home construction projects.

A Glimpse Into Some of Our Real Estate Products
Greenville Estate: Spanning 11 acres of landed property in Poka, Epe Lagos, Greenville Estate offers an exceptional residential experience with Gazette title. The starting price of land here is N3 million.

Greenville 2: Encoming 40 acres of landed property in Ishiwo, Ogun State, Nigeria, Greenville 2 presents a lucrative investment opportunity for discerning buyers. It's located just 5 minutes drive to Epe. Current starting price here is N1.25 million.


Homesville Estate: Spread across 3 acres of landed property in Ijako-Poka, Epe, Lagos State, Homesville Estate boasts a prime location and desirable amenities with C of O in view. Starting price here is N7.2 million.

Havens Cottage: Situated on 5 acres of landed property in Naforija, Epe, Lagos state, Havens Cottage is a prestigious off-plan home project featuring 2 to 3BD Bungalows, studios, and 2BD flats. The starting price for homes in Havens Cottage is N9 million. Havens Cottage also has landed estates available for sale, with price starting at N7.2 million and C of O under processing.

The location of Havens Homes in Epe

What's In It For You as a Marketer?
At Hybrid LandTech, we believe in rewarding hard work and dedication. As a valued member of our team, you will enjoy mouthwatering commissions on every successful sale you make. There's also currently a window of enticing incentives for realtors to win up to a car this season.



Keep in mind, the above is an incentive to the standard direct commissions. Hybrid Landtech pays fat commissions on successful leads to home and land sales instantly.

Wondering what our direct commission percentages are? Get in touch with us or your interest in marketing products by sending us a WhatsApp message to the number: +2348054215999

Note: We only need proven realtors with evidence of sales closed in the real estate sector. You may need to show us valid evidence of your experience as a successful real estate marketer.

Sponsored Post

.

The Nigerian real estate market has always been dynamic, and we expect the same trend this year. Lagos, especially is doing well, with steady growth expected in the rest of 2023.



Below is another infographic that shows the weight the Nigerian real estate has been pulling:



Whether you’re a home buyer, seller, or investor, this infographic is essential to keep up with the latest trends in the industry.

The market is being driven by several factors, including:

1. Population growth: Nigeria is one of the fastest-growing countries in the world, with a population of over 200 million people. This growth puts pressure on the housing market, as more people need a place to live.
2. Economic growth: Despite earlier challenges, the Nigerian economy is getting back its clean bill of health, which is providing more people with the means to purchase property.
3. Foreign investment: Foreign investors are increasingly interested in the Nigerian real estate market, which is safe and profitable.
As a result of these factors, the Nigerian real estate market is expected to continue to grow in 2023. This growth will create opportunities for both investors and homeowners.

What to Expect?
Here are some specific trends that are expected to shape the Nigerian real estate market in 2023:

1. Increased demand for affordable housing: Most Nigerians cannot afford to buy high-end property, so there is a growing demand for affordable housing. This demand is being driven by the country’s large population of low- and middle-income earners.
2. Growth in the luxury market: Despite the strong demand for affordable housing, there is also growth in the luxury market. This is being driven by the increasing wealth of Nigeria’s middle and wealthy class and the growing number of foreign investors.
3. Increased use of technology: Technology is playing an increasingly important role in the Nigerian real estate market. This is being driven by the growing use of the internet and mobile devices, which are making it easier for Nigerians to find and purchase property.

Conclusion
The Nigerian real estate market holds significant potential for investors seeking opportunities in a dynamic and evolving sector. With a growing population, urbanization, and government reforms, the market presents various investment options ranging from residential to commercial properties. While challenges exist, such as inadequate infrastructure and political instability, diligent research and understanding of the legal framework can mitigate risks.

As an investor, it is crucial to engage reputable professionals and conduct thorough due diligence before making any investment decisions. Hybrid LandTech, a leading real estate company, can assist in navigating the Nigerian real estate market and recommend estates that work with your needs – whether land banking or for immediate development – and give you peace of mind.

So, if you are considering investing in Nigerian real estate, send a mail to us at Hybrid LandTech today to explore the opportunities and receive expert guidance tailored to your investment goals.

Source: https://hybridlandtech.com/2023/05/15/understanding-the-real-estate-market-in-nigeria-a-guide/

What Is an Off-Plan Property?


Off-plan properties are properties that haven’t been built, yet you can still snap them up before construction starts.

In other words, off-plan properties, also known as pre-construction or under-construction properties, are homes that are sold before construction has been completed.

Homebuyers like you purchase these properties based on architectural plans, artist impressions, or computer-generated images. The homebuyer typically pays a deposit upfront and then makes installments as the construction progresses.

Benefits of Buying an Off-Plan Property
Buying an off-plan home is the equivalent of buying a new product that hasn’t been released yet. In the simplest , you are essentially reserving your spot to own the property when it’s ready. And here are all the benefits it entails:

1. Potential Cost Savings
Let’s be honest, who doesn’t love a good deal? And buying an off-plan home is one way to score big on cost savings. An off-plan home is often offered at a below-the-market value.

For example, the average cost of buying a 2-bedroom apartment in Nigeria is ₦55,000,000, according to Nigeria Property Centre. Also, The Architect estimates the cost of building a standard 2-bedroom home yourself at ₦50,000,000.

But Hybrid Landtech offers a 2-bedroom off-plan apartment with an extra BQ for just ₦25,000,000. That’s half the market price slashed off!

Developers often offer discounts and promotions to buyers who purchase during the pre-construction phase. This means you can save a significant amount of money compared to buying a completed property.

2. Pay-as-we-build: Flexible Payment Plans
Off-plan home plans allow buyers to make payments in stages as the property is being constructed rather than paying the full purchase price upfront.

This is a benefit for buyers who may not have the full amount available upfront, as it allows them to spread out their payments over a while. It can also be helpful for those who want to use their savings for other investments or expenses while still securing their desired property.

Pay-as-we-build plans typically involve a deposit payment at the time of purchase, followed by several installments as construction progresses. The final payment is usually made upon completion of the property.

In addition to the financial benefits, pay-as-we-build plans can provide buyers with greater peace of mind. By paying in stages, buyers can ensure that construction is progressing according to schedule and that the property is being built to their specifications. If any issues or delays arise, buyers can use their payments as leverage to address these concerns with the developer.

3. Customize Your Dream Home
When you buy an off-plan property, you’re essentially creating your dream home from scratch. You can work with the developer to modify the floor plan, choose your finishes and colors, and even select the appliances you want. It’s like having a blank canvas to create your ideal living space.

And because you’re customizing your home from the ground up, you can be sure that it will meet all your requirements and preferences. You won’t have to compromise on anything, and you’ll have a truly standard home, unique and tailored to your tastes.

4. Possibility of Capital Gains
Buying an off-plan property can also be a smart investment decision. As the property appreciates in value over time, you could sell it for a higher price and make a profit. This is known as capital gains, and it’s a common reason why many people choose to invest in real estate.

In addition, if you decide to rent out your off-plan property, you can benefit from higher rental income due to its brand-new state and modern design. This means you can potentially earn more money from your investment, making it a win-win situation.

So, if you’re in the market for a new home, consider buying an off-plan property. Not only can you save money and customize your dream home, but you can also make a smart investment decision that could pay off in the long run.

Source: https://hybridlandtech.com/2023/05/05/what-is-an-off-plan-property/

The real estate market in Nigeria is growing steadily as of the beginning of the second quarter of 2023. There’s currently a focus on affordable and luxury options – this highlights a trend where real estate is made available for EVERYONE!

The growth of the Nigerian economy is expected to continue in 2023, which will lead to increased demand for real estate. Nigeria’s economy is expected to grow at a rate of 3% which will help reduce unemployment and raise wages. This will lead to higher demand for real estate because people want a safe place to live and invest in property as an investment vehicle.

Nigerian real estate trends and value
Value of Lagos real estate
The rental market is also growing rapidly in Nigeria as more and more people are unable to afford to buy a home. This is creating opportunities for investors who are looking to purchase rental properties. The rental market is particularly strong in urban areas such as Lagos and Abuja.

Technology is playing an increasingly important role in the real estate industry. This is being driven by the growing use of online platforms for buying and selling homes. Online platforms make it easier for people to find and compare properties, and they also provide a safe and secure way to complete transactions.

There’s also an increase in the use of technology to improve the home buying and selling process. For example, there is a growing trend in using drones in virtual tours for marketing. An example can be seen below:

The luxury market is also growing rapidly in Nigeria, in areas like Ibeju-Lekki and Victoria Island, where we have the Eko Atlantic. More and more wealthy Nigerians are looking to buy luxury homes, whether it is through off-plan offers, finished homes or in a buy-to-build scheme . This creates opportunities for developers who can build and sell luxury homes. The luxury market is particularly strong in Lagos, Abuja, and Port Harcourt.

The green building market is also growing rapidly in Nigeria as more and more people are becoming aware of the environmental benefits of green buildings. Green buildings are designed to be more energy-efficient and environmentally friendly than traditional buildings. This makes them more attractive to buyers and investors, and it also helps to reduce the environmental impact of the real estate industry.

Overall, the real estate market in Nigeria is expected to grow steadily throughout this decade. It should also be boosted by the coming in of Ashiwaju Bola Ahmed Tinubu as president, who is expected to bring more transformative changes to the southwestern and federal capital territory of the country, which are the hubs of Nigerian real estate.

The growth of the economy, the government’s focus on affordable housing, the rising demand for rental properties, the increasing use of technology, and the growth of the luxury market are all expected to contribute to this growth.
Source: https://hybridlandtech.com/2023/05/28/current-state-of-real-estate-in-nigeria-and-future-trends-to-watch/

Are you thinking of investing in real estate in Nigeria? Well, you’ve got to buckle up tight because there are some risks you need to be aware of. In this article, we’ll dive into the five biggest real estate investment risks in Nigeria and, more importantly, how to steer clear of them.

Nigeria, a land of vast potential and rapid development, offers exciting opportunities for real estate investors. However, like any investment, it has its fair share of challenges and risks. Whether you’re a seasoned investor or just looking to acquire your first property, you must understand the pitfalls and take the necessary precautions to protect your hard-earned money.

From market volatility to legal complexities, we’ll explore the challenges that real estate investors face in Nigeria. But fear not! We won’t leave you hanging. We’ll also provide practical tips and strategies to help you mitigate these risks and make informed decisions. So, if you’re ready to navigate the Nigerian real estate landscape, let’s jump right in!

Risk 1: Fraud and Title Issues
Ah, fraud and title issues – the nightmares of real estate investors everywhere! When it comes to Nigeria, these risks are particularly important to address.

Nigeria’s real estate market has unfortunately witnessed cases of fraudulent activities and questionable title documentation. These can range from forged property documents to multiple claims of ownership on the same property. Such situations can lead to costly legal battles, financial losses, and even the loss of your investment altogether.

How to Avoid the Risk
To avoid falling victim to fraud or title issues, it’s crucial to conduct thorough due diligence. Engage the services of reputable real estate professionals, such as lawyers and surveyors, to the authenticity of property documents and titles.

By buying from a reputable real estate company, being vigilant, seeking professional advice, and conducting comprehensive research, you can minimize the risks associated with fraud and title issues in Nigerian real estate. , a solid foundation built on transparency and legal certainty is essential for a successful investment journey.

Risk 2: Political and Regulatory Uncertainty
Nigeria’s political landscape can be dynamic, and government policy and regulation changes can significantly affect the real estate sector. For instance, it’s common for the state and federal governments to embark on urban renewal projects, demolishing certain areas to make way for infrastructure development. Just recently, the Lagos state government destroyed more than 13 buildings near the Murtala International Airport, Lagos. But in most cases, these losses result from a lack of due diligence – properties illegally acquired or without government approval.

In another case, the Nigerian government introduced new tax regulations in 2020, impo to 23% in property taxes on real estate investors. This sudden change caught some investors off guard, leading to financial strains and a reevaluation of investment strategies.

How to Mitigate the Risk
To mitigate the risks associated with political and regulatory uncertainty, it’s essential to stay informed and keep a pulse on the political landscape. Engage with local real estate associations, attend industry events, and follow reliable news sources to anticipate potential policy changes.

Additionally, diversify your investment portfolio to spread the risk across different locations and property types. By doing so, you can minimize the impact of any adverse regulatory changes in a specific area.

, while political and regulatory uncertainties can be unsettling, they are not insurmountable. By staying informed, being adaptable, and developing a resilient investment strategy, you can navigate these challenges and thrive in Nigeria’s real estate market.

Risk 3: Economic Volatility and Market Fluctuations
Economic volatility can leave real estate investors feeling a bit queasy. The Nigerian economy is susceptible to oil price fluctuations, inflation, currency devaluation, and overall market conditions. These elements can directly impact the real estate sector, affecting property values, rental incomes, and investor confidence.

For example, before the COVID-19 pandemic hit in the third quarter of 2020, Nigeria experienced an economic recession due to a decline in oil prices and other factors. This downturn led to a contraction in the real estate market, with property prices taking a hit and rental demand decreasing. Investors who were heavily exposed to the market during this period faced challenges in generating expected returns and faced difficulties in property sales.

How to Mitigate the Risk
To mitigate the risks of economic volatility and market fluctuations, diversification is critical. Consider investing in different property types, such as residential, commercial, or mixed-use developments, to spread risk across multiple sectors. Additionally, focus on locations with strong economic fundamentals and diverse industries that can withstand economic shocks.

Stay abreast of economic indicators, such as GDP growth, inflation rates, and government policies, as they can provide valuable insights into the overall economic health and potential market fluctuations.

By adopting a proactive approach, diversifying your investments, and staying informed, you can navigate the waves of economic volatility and market fluctuations, ensuring a smoother ride in Nigeria’s real estate market.

Risk 4: Lack of Infrastructure and Basic Amenities
Infrastructure deficiencies, such as inadequate road networks, unreliable power supply, limited water and sanitation systems, and insufficient healthcare facilities, can pose challenges for real estate investors. This challenge can significantly impact property value, rental demand, and overall investment viability.

Potential tenants or buyers may hesitate to invest in properties lacking essential amenities and convenient access to transportation and services.

To highlight the impact of this risk, let’s consider a case study. Imagine an investor purchasing a property in an underdeveloped area with poor road infrastructure and irregular power supply. Despite the property’s potential, attracting tenants becomes challenging due to the lack of basic amenities. The investor may struggle to generate rental income and may even face difficulties selling the property.

How to Avoid the Risk
To avoid the risks associated with infrastructure deficiencies, it’s essential to focus on getting properties in locations like Ijebu, Epe, and Ibeju-Lekki axes experiencing ongoing or planned infrastructure development. These areas may include government-designated growth corridors or regions earmarked for infrastructure improvements.

Additionally, consider investing in properties that offer self-sustaining amenities, such as backup power generators, water storage facilities, or integrated community developments that provide essential services.

Keep an eye on government initiatives aimed at improving infrastructure and basic amenities. These include road construction, power sector reforms, port construction, and urban renewal programs. Such initiatives can signal potential growth areas and investment opportunities.

Risk 5: Security and Safety Concerns
The safety and security of both the property and its occupants are paramount for a successful investment. Nigeria, like any other country, faces security challenges such as terrorism, banditry, theft, vandalism, tresing, and more. These concerns can significantly impact the value and attractiveness of a property, as well as the safety and well-being of tenants or occupants.

To understand the implications of security and safety concerns, let’s consider a case study. Imagine an investor purchasing an apartment complex in an area with a high crime rate and inadequate security measures. Prospective tenants may be reluctant to rent in such an area due to safety fears, leading to high vacancy rates and potential financial losses for the investor.

To mitigate security and safety risks, it’s essential to prioritize properties in areas with a reputation for safety and security. Lagos, Ogun, Abuja, and Oyo are some of the safest states for real estate. It’s little wonder why these are some of the most economic conditions in the country.

Also, consider investing in gated communities, properties with reliable security systems and personnel, or locations with a strong police presence.

Conclusion
Real estate investment in Nigeria offers exciting opportunities, but it is not without its risks. The five biggest risks discussed in this article include fraud and title issues, political and regulatory uncertainty, economic volatility and market fluctuations, lack of infrastructure and basic amenities, and security and safety concerns. However, with proper risk management and due diligence, these risks can be mitigated.

It is important to engage professionals, conduct thorough research, and stay informed about the market and regulatory landscape. Hybrid Landtech understands these risks and can provide the expertise and needed to navigate the Nigerian real estate market successfully. Reach out to Hybrid Landtech today and start your journey toward profitable real estate investments in Nigeria.

Source: https://hybridlandtech.com/2023/06/08/5-biggest-risks-of-real-estate-investment-in-nigeria-and-how-to-avoid-them/

The advent of technology has greatly influenced real estate development in Nigeria in recent times. Real estate development is the combination of real estate activities that range from the renovation of a property, purchase of land, re-lease of a building, and sale of land. All these activities have been greatly improved by technology.

One of the most notable improvements technology has brought to the Nigerian real estate industry is the introduction of property listing platforms. Many Nigerians at home and in the diaspora now visit notable property listing websites to find the right property. Before now, finding properties was time and resources consuming. It is much easier and faster now. This development lets you know almost everything about the property from the comfort of your home.

The listing platform allows buyers and renters to search for properties of their choice. Their choices can be based on various factors that range from price, location, and size. And information is made available on the listing sites to help buyers or renters make the best decision.

The real estate industry has contributed significantly to the country’s economy. In Q1 2022, the sector ed for 5.34% of the country’s GDP growth, according to the Marketing Edge. Despite this significant growth, many Nigerians still don’t have a home as the country’s population keeps growing. As of January 2023, the housing deficit is about 28 million according to the Federal Mortgage Bank of Nigeria (FMBN).

Technological Advancements in Construction Methods

Technological advancements have played a significant role in developing construction activities in the real estate industry. There has been the introduction of prefabrication and modular construction, which makes the construction process easier and faster.

With this technology, some standard component of the entire structure is built off-site. This means some sections of the construction are not built on site. While work is ongoing, engineers don’t have to wait for one another. PadBod Homes, a Hybrid LandTech partner, uses construction technology solutions, including prefab components, in their pipeline of residential projects.

Another influence of technological advancements in construction methods gave birth to the era of 3D printing. It is the process of using computer-controlled devices to create manufacturing elements or an entire building by using a 3D printer. This method helps reduce materials’ wastage, reduce human error to the nearest minimum, and improve creativity in design methods.

Digital Marketing Strategies in Real Estate Development


The advent of technology in the real estate sector gave affluence to digital marketing, which helps companies to market their products properly. The internet has changed how people perceive real estate companies. Most real estate companies now have websites and different online platforms where buyers can meet them. This idea has linked the bridge between most real estate companies and their targeted customers.

The use of Virtual reality (VR) and augmented reality is now helping customers get familiar with properties from wherever they are located. With this, companies can host a virtual property tour to increase customer experience, which is critical to a successful sale.

Real estate companies now use social media marketing to preach the favorable acceptance of their products to their targeted customers. Hybrid LandTech, amongst others, makes good use of Instagram, Facebook, YouTube, and email letters to reach out to their customers.

Technology is helping real estate companies make precise predictions about market trends and value.
FinTech (home loans, crowdfunding, etc.) in payment and processes
Impact of Technology on Real Estate Development in Nigeria


Technology has impacted real estate development in Nigeria in the following ways:

1. Improved construction efficiency and cost-effectiveness

Technology through the introduction of 3D printing and prefabrication, and modular construction has helped improve construction efficiency and cost-effectiveness. With 3D printing, you can achieve almost anything, and it reduces the waste of materials.

2. Enhanced marketing and sales strategies

Technology has improved marketing and sales strategies. The advent of technology has enhanced the use of digital marketing tools. Also, it helps companies build trust through virtual tours of the site. With this, customers can get acquainted with the property from the comfort of their homes or offices.

3. Increased transparency and trust in the industry

Technology helps real estate companies to build customer retention through transparency and trust. Virtual tours build customer retention. Also, customers can read clients’ reviews online to know more about prospective real estate companies.

4. Expansion of real estate investment opportunities

With the help of technology, real estate companies now offer more than just selling properties. Hybrid LandTech provides affordable land and housing projects, including service plots, direct investment services with great ROI, construction consultancy, and property listing, for first-time home buyers, move-up buyers, service companies, real estate investors, and others.

Challenges and Considerations

The challenges and considerations for technological advancement in the real estate development sector include:

1. Infrastructure limitations and access to technology

Technology keeps evolving in the real estate sector. However, not all real estate companies have access to this technology.

2. Cybersecurity risks in the digital era

As interesting as this digital era is, it also has its bad side. As more and more real estate companies continue to adopt technology, the rate of cyberattacks is also high. Most real estate companies are at risk of losing vital information about their companies to unsuspecting cyber criminals.

3. Skill development and training for the workforce

Real estate companies should consider investing more in the skill development and training of their workforce. With this, they keep vital information about the company within their working team.

4. Regulatory Frameworks and policy implications

There should be a regulatory body to ensure that specific rules and codes of conduct are not broken.

Future Prospects and Emerging Technologies

Most real estate companies have begun using modern technology to their products. For instance, Hybrid LandTech uses drones for site surveys. With this, they can capture their property and its environs without hindrance.

Evolving digital marketing strategies and tools

Digital marketing tools and strategies have continued to evolve over the years as the real estate development sector adopts the technology. Companies leverage different digital marketing tools to their new products.

Integration of the Internet of Things (IoT) in real estate development

The Internet of Things is an advanced technological involvement in real estate development. It allows companies to stay ahead of their competitors by reducing the cost of finding a buyer or seller of a vacant property.

Impact of artificial intelligence (AI) and machine learning (ML)

Artificial intelligence can be used to analyze data and predict market trends, making it easier for developers to make informed decisions. AI can also automate tasks, making the development process more efficient.

Conclusion

Technology is revolutionizing real estate development in Nigeria, making it more efficient and cost-effective for companies in the industry.

To stay ahead, real estate companies must embrace technology and continue evolving. With technology as a driving force, the future of real estate development in Nigeria is promising and secure.

Take advantage of the opportunities presented by Hybrid Landtech, a company that combines real estate expertise with cutting-edge technology solutions. Embrace the transformative power of technology to shape the future of real estate development in Nigeria. Visit our website or our team today for inquiries.

Source: https://hybridlandtech.com/2023/06/06/the-role-of-technology-in-real-estate-development-in-nigeria/

Yeah, I get it. It might seem a bit strange to talk about reg when so many people are losing their jobs or living in fear of it.

But here’s the thing: there are millions of folks out there who feel trapped in jobs that drain their souls and make them question their sanity. And if that’s you, if your current gig is stealing your peace of mind, maybe it’s time for a change. I mean, let’s face it, jobs are hard to come by these days, but if you’ve got other options and you’re confident your skills are in-demand, why not take a leap and liberate yourself from that sense of bondage?

Reg like a boss is about finding the courage to prioritize your well-being and happiness, even in a tough job market. So, let’s dive in and explore how you can make your exit with grace and confidence in this article:

https://techg.com/2023/06/10/how-to-re-style-10-tips-to-reg-in-style/

Are you thinking of investing in real estate in Nigeria? Well, you’ve got to buckle up tight because there are some risks you need to be aware of. In this article, we’ll dive into the five biggest real estate investment risks in Nigeria and, more importantly, how to steer clear of them.

Nigeria, a land of vast potential and rapid development, offers exciting opportunities for real estate investors. However, like any investment, it has its fair share of challenges and risks. Whether you’re a seasoned investor or just looking to acquire your first property, you must understand the pitfalls and take the necessary precautions to protect your hard-earned money.

From market volatility to legal complexities, we’ll explore the challenges that real estate investors face in Nigeria. But fear not! We won’t leave you hanging. We’ll also provide practical tips and strategies to help you mitigate these risks and make informed decisions. So, if you’re ready to navigate the Nigerian real estate landscape, let’s jump right in!

Risk 1: Fraud and Title Issues
Ah, fraud and title issues – the nightmares of real estate investors everywhere! When it comes to Nigeria, these risks are particularly important to address.

Nigeria’s real estate market has unfortunately witnessed cases of fraudulent activities and questionable title documentation. These can range from forged property documents to multiple claims of ownership on the same property. Such situations can lead to costly legal battles, financial losses, and even the loss of your investment altogether.

How to Avoid the Risk
To avoid falling victim to fraud or title issues, it’s crucial to conduct thorough due diligence. Engage the services of reputable real estate professionals, such as lawyers and surveyors, to the authenticity of property documents and titles.

By buying from a reputable real estate company, being vigilant, seeking professional advice, and conducting comprehensive research, you can minimize the risks associated with fraud and title issues in Nigerian real estate. , a solid foundation built on transparency and legal certainty is essential for a successful investment journey.

Risk 2: Political and Regulatory Uncertainty
Nigeria’s political landscape can be dynamic, and government policy and regulation changes can significantly affect the real estate sector. For instance, it’s common for the state and federal governments to embark on urban renewal projects, demolishing certain areas to make way for infrastructure development. Just recently, the Lagos state government destroyed more than 13 buildings near the Murtala International Airport, Lagos. But in most cases, these losses result from a lack of due diligence – properties illegally acquired or without government approval.

In another case, the Nigerian government introduced new tax regulations in 2020, impo to 23% in property taxes on real estate investors. This sudden change caught some investors off guard, leading to financial strains and a reevaluation of investment strategies.

How to Mitigate the Risk
To mitigate the risks associated with political and regulatory uncertainty, it’s essential to stay informed and keep a pulse on the political landscape. Engage with local real estate associations, attend industry events, and follow reliable news sources to anticipate potential policy changes.

Additionally, diversify your investment portfolio to spread the risk across different locations and property types. By doing so, you can minimize the impact of any adverse regulatory changes in a specific area.

, while political and regulatory uncertainties can be unsettling, they are not insurmountable. By staying informed, being adaptable, and developing a resilient investment strategy, you can navigate these challenges and thrive in Nigeria’s real estate market.

Risk 3: Economic Volatility and Market Fluctuations

Economic volatility can leave real estate investors feeling a bit queasy. The Nigerian economy is susceptible to oil price fluctuations, inflation, currency devaluation, and overall market conditions. These elements can directly impact the real estate sector, affecting property values, rental incomes, and investor confidence.

For example, before the COVID-19 pandemic hit in the third quarter of 2020, Nigeria experienced an economic recession due to a decline in oil prices and other factors. This downturn led to a contraction in the real estate market, with property prices taking a hit and rental demand decreasing. Investors who were heavily exposed to the market during this period faced challenges in generating expected returns and faced difficulties in property sales.

How to Mitigate the Risk

To mitigate the risks of economic volatility and market fluctuations, diversification is critical. Consider investing in different property types, such as residential, commercial, or mixed-use developments, to spread risk across multiple sectors. Additionally, focus on locations with strong economic fundamentals and diverse industries that can withstand economic shocks.

Stay abreast of economic indicators, such as GDP growth, inflation rates, and government policies, as they can provide valuable insights into the overall economic health and potential market fluctuations.

By adopting a proactive approach, diversifying your investments, and staying informed, you can navigate the waves of economic volatility and market fluctuations, ensuring a smoother ride in Nigeria’s real estate market.

Risk 4: Lack of Infrastructure and Basic Amenities

Infrastructure deficiencies, such as inadequate road networks, unreliable power supply, limited water and sanitation systems, and insufficient healthcare facilities, can pose challenges for real estate investors. This challenge can significantly impact property value, rental demand, and overall investment viability.

Potential tenants or buyers may hesitate to invest in properties lacking essential amenities and convenient access to transportation and services.

To highlight the impact of this risk, let’s consider a case study. Imagine an investor purchasing a property in an underdeveloped area with poor road infrastructure and irregular power supply. Despite the property’s potential, attracting tenants becomes challenging due to the lack of basic amenities. The investor may struggle to generate rental income and may even face difficulties selling the property.

How to Avoid the Risk

To avoid the risks associated with infrastructure deficiencies, it’s essential to focus on getting properties in locations like Ijebu, Epe, and Ibeju-Lekki axes experiencing ongoing or planned infrastructure development. These areas may include government-designated growth corridors or regions earmarked for infrastructure improvements.

Additionally, consider investing in properties that offer self-sustaining amenities, such as backup power generators, water storage facilities, or integrated community developments that provide essential services.

Keep an eye on government initiatives aimed at improving infrastructure and basic amenities. These include road construction, power sector reforms, port construction, and urban renewal programs. Such initiatives can signal potential growth areas and investment opportunities.

Risk 5: Security and Safety Concerns
The safety and security of both the property and its occupants are paramount for a successful investment. Nigeria, like any other country, faces security challenges such as terrorism, banditry, theft, vandalism, tresing, and more. These concerns can significantly impact the value and attractiveness of a property, as well as the safety and well-being of tenants or occupants.

To understand the implications of security and safety concerns, let’s consider a case study. Imagine an investor purchasing an apartment complex in an area with a high crime rate and inadequate security measures. Prospective tenants may be reluctant to rent in such an area due to safety fears, leading to high vacancy rates and potential financial losses for the investor.

To mitigate security and safety risks, it’s essential to prioritize properties in areas with a reputation for safety and security. Lagos, Ogun, Abuja, and Oyo are some of the safest states for real estate. It’s little wonder why these are some of the most economic conditions in the country.

Also, consider investing in gated communities, properties with reliable security systems and personnel, or locations with a strong police presence.

Conclusion

Real estate investment in Nigeria offers exciting opportunities, but it is not without its risks. The five biggest risks discussed in this article include fraud and title issues, political and regulatory uncertainty, economic volatility and market fluctuations, lack of infrastructure and basic amenities, and security and safety concerns. However, with proper risk management and due diligence, these risks can be mitigated.

It is important to engage professionals, conduct thorough research, and stay informed about the market and regulatory landscape. Hybrid Landtech understands these risks and can provide the expertise and needed to navigate the Nigerian real estate market successfully. Reach out to Hybrid Landtech today and start your journey toward profitable real estate investments in Nigeria.

Source: https://hybridlandtech.com/2023/06/08/5-biggest-risks-of-real-estate-investment-in-nigeria-and-how-to-avoid-them/