Hosted by Coach Titilola Aboyade-Cole, founder of TAC Property Network, the session was designed to give participants practical information about the different routes available to them in the Nigerian property market, rather than simply promote individual properties.
Contributors included Emmanuel Akinola, Mandy/MB, lawyer Sanwo Oluwatobi, and agripreneur Dr. Babatunde Agbeniga, with discussions ranging from mortgages and government-backed housing finance to legal due diligence, developer opportunities, and agricultural land investment.
More Than One Route to Property Ownership
A central message of the session was that prospective buyers do not necessarily have to rely on an outright cash purchase when considering property in Nigeria.
Participants were introduced to outright property purchase, developer installment plans, mortgage finance, government-backed housing finance, Federal Mortgage Bank products, diaspora mortgage opportunities, rent-to-own arrangements, construction finance and home renovation finance.
Particular attention was given to the MOFI Real Estate Investment Fund, MREIF, with headline terms discussed at the session, including an interest rate of approximately 9.75 per cent per annum, equity contribution from around 10 per cent, and financing tenors of up to 20 years, subject to eligibility, affordability assessments and applicable lender conditions.
Federal Mortgage Bank of Nigeria products were also discussed, including the National Housing Fund mortgage, diaspora mortgage, rent-to-own, construction and renovation facilities.
Due Diligence Remains Essential
While the session explored a wide range of opportunities, speakers repeatedly emphasised that access to a property does not remove the need for proper due diligence.
Lawyer Sanwo Oluwatobi explained the importance of verifying property ownership and title before completing a purchase, highlighting issues such as root of title, existing mortgages or charges, litigation, ownership disputes, planning documentation and the legal authority of the person or organisation selling the property.
The different roles played by lawyers, surveyors, accountants and other professionals during a property transaction were also discussed, with participants encouraged to regard professional due diligence as an important part of protecting their investment.
Location, Developers and Off-Plan Opportunities
The session examined the role of developers and the potential advantages of entering selected developments during the off-plan or construction stages. Coach Titilola Aboyade-Cole explained that buyers should assess more than price alone, with location, infrastructure, accessibility, delivery history, documentation, rental demand and potential long-term value all influencing the attractiveness of an opportunity.
Farmland Investment Also Takes Centre Stage
Agripreneur Dr Babatunde Agbeniga introduced participants to the operations and investment model of Lifters Farms and Resort, covering livestock, plantation crops, short-term farming activities and managed agricultural land.
Selected Property Opportunities Presented
The session concluded with a presentation of current property opportunities across Lagos and surrounding growth corridors.
Capital Gardens, Idera, Eleko/Lekki-Epe Corridor
- 2-bedroom terrace with BQ from approximately ₦89.4 million
- 3-bedroom terrace duplex from approximately ₦93.6 million
- 3-bedroom semi-detached duplex from approximately ₦109.44 million
Citadel Views Phase B, Sangotedo
- 1-bedroom apartment with solar from approximately ₦90 million
- 2-bedroom apartment with solar from approximately ₦114 million
- 3-bedroom terrace and semi-detached options from approximately ₦109.44 million upwards
Citadel Oasis, Abraham Adesanya / Ogombo
- 2-bedroom apartment with solar from approximately ₦114 million
- 3-bedroom terrace with solar from approximately ₦166.56 million
- 4-bedroom semi-detached options from approximately ₦240 million
Citadel Meadows Phase C, Sangotedo
- 2-bedroom terrace with BQ from approximately ₦165 million
- 3-bedroom terrace from approximately ₦165 million to ₦172 million
- 4-bedroom semi-detached property with BQ from approximately ₦190 million to ₦215 million
Other Opportunities
Further opportunities presented included premium developments in Lekki Foreshore, South-West Ikoyi, Ologolo, Ilupeju and other Lagos locations, including furnished two-bedroom flats in Ologolo and off-plan one and two-bedroom apartments in Coker Road, Ilupeju.
Property prices, availability and payment terms remain subject to confirmation at the time of enquiry.
TAC Homes and TAC Property Network
TAC Homes focuses on sourcing, packaging and presenting selected property opportunities and supporting buyers through the property process, while TAC Property Network focuses on education, information, professional connections, networking, events and access to selected property opportunities.
Members can continue receiving property-market information, investment updates, professional introductions, and selected property opportunities beyond individual information sessions.
Continuing the Conversation
Following the success of the session, TAC Property Network will continue to provide property education, market updates, and selected opportunities through its events and monthly property brief.
For more information about any of the properties presented, financing routes, professional introductions, or TAC Property Network membership, contact:
TAC Property Network
Telephone: +44 844 357 9144
Email: info@tacpropertynetwork.com
Website: www.tacpropertynetwork.com
TAC Homes
Email: tac7795@gmail.com
Building Portfolios. Creating Legacies.
Property prices, availability, financing terms and investment arrangements may change. Prospective buyers and investors should carry out appropriate independent due diligence and obtain relevant professional advice before entering into a transaction.
