Struggling to navigate the real estate market in Nigeria? Worried about dodgy developers and unfinished projects?
This episode of Venture Valley explores the current state of Nigerian real estate, with a focus on avoiding scams and making smart investment decisions. Our guest, Ayobami Folarin, shares valuable insights and practical tips for both first-time homebuyers and seasoned investors.
In this episode, you'll learn:
- The Importance of Legal Guidance: How bringing your lawyer on board can save you from future headaches.
- Real Estate Insurance: Why comprehensive insurance is a must and often overlooked.
- Bank Guarantees: How banks can provide additional security for your investment.
- Assessing Track Records: The importance of a developer's history and how to interpret it.
- Timing Your Investment: Why taking it slow can be your best strategy.
- Investment Domiciliation: How to leverage exchange rate fluctuations to your advantage.
- Renting vs. Buying: Insights on the age-old debate with a focus on business and personal contexts.
- Location, Location, Location: Tips on identifying the best places to invest based on infrastructure and demand.
Whether you're a seasoned investor or looking to enter the Nigerian real estate market, this episode provides crucial advice to help you make informed decisions and protect your investments.
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