ANYTHING REAL ESTATE?

ANYTHING REAL ESTATE?

WELCOME TO KORP Properties Company, a rapidly growing startup poised to solving your real estate needs of any magnitude (individual, corporate or multinational). Whatever it is, our full service real estate outlook has a very wide and robust partnership network of experienced professionals in place to proffer diverse solutions.

Consider the real estate elements we deal in below:
• Residential And Commercial Buying and Selling
• Luxury Properties
• Property Flipping
• Short Sales/Let
• Buying and Selling of Investment Property
• Land Survey Sponsorships And Related Opportunities
• Property Development (Construction) And Management

Our goal is to provide our clients with complete service, from searching to taking full possession or disposal of your property. Whether you are looking for your first house, an investment property, another element in the list above, or anything in-between, we have the informational wherewithal to guide you through the real estate process.

So, do you need anything real estate? Does your family, friend, colleague, boss, anyone you know or company needs any property? Yes? Talk to us! You need not worry as your trust will not be betrayed. We are ready to render a satisfactory service that you'll be happy about, whether as middlemen or direct mandates. If we don't serve you, who will? So, we look forward to working with you. Call 08183567878 or 08055726413. CHECK SAMPLE HERE

Many thanks...

LISTEN TO ANOTHER SAGE ON REAL ESTATE INVESTMENT

Paul Adefarasin on the Value of Real Estate Investment

Some of us have mentors for one area of life or another, e.g. one for relationship, one for business, one for spirituality, etc. History has shown it is a step in the right direction. In case you do not have one that can give you invaluable advice regarding growing, conservation and retention of wealth, here, below, is a good piece from a sage, the head of the House on the Rock Church, Lekki, Lagos. Follow his advice in between the lines and watch his YouTube video clip. But make sure to make use of the advice so as to benefit from it:

One of the best places to buy land in the whole world, in fact the best place to buy land in the whole world, in terms of value is right here in Lagos, Nigeria!

The most expensive land in the world is right here in Ikoyi and Banana Island... That’s not conjecture, that’s fact, economic fact. Lagos is growing by 6000 people daily, that is nearly 2 million people every year. It means Land is becoming scarce, that is, if you buy land today, tomorrow your land will be worth very much money. You may not be able to afford Banana Island or Ikoyi right now, but please go to Ejigbo, Ireakari, Egbeda, Sanusi, Shangisha. Go and buy land somewhere quickly because God transfers wealth by giving you land. After a period of time after you have bought the land, He increases the value of the land, because you being on that land adds value to it; as a result, more people want to come.

Anytime there is a major wealth transfer in the Bible, God gives the people He is transferring wealth to, land. You have nothing in terrestrial terms unless you have land.
My father bought land for something like £2000, nearly 50 years ago on Victoria Island. It was Federal Government or Lagos State Government allocation on Akin Adesola. From the revenue he generated from building the house for free, because G-Cappa built it for him for free and collected the rent for 5-10 years and that was the payment for the house. That house or the two houses he built there paid my education and my brother’s education in the finest schools in the world… After it paid for my education and generated revenue, my family decided they were going to liquidate the property and they liquidated it and the value that came to me in my equity was phenomenal, from £2000, 50 years ago. It provided for me nearly the value of a million dollars!

You do not know what land you buy today for peanuts that will be millions tomorrow for your children to inherit. With the city that is exploding so massively as far as population is concerned, today we are buying land and will continue (if you want to be part of the wise investors) until there is hardly any land to buy. Tomorrow we’ll be buying floors like they do in New York. What land costs today, floors will cost tomorrow and there will be 100 floors, 50 floors, and 20 floors and if you own the land underneath those floors, you are multiplying wealth for your children. They will be kissing your photograph whilst you’ve been in the grave for 5 generations saying: “Oh we bless God for great, great, great, great grandpa” while your bones are rotten in Ikoyi Cemetery and your spirit is dancing on streets of Gold.

When you get land, it means God is securing your future, because real estate does not just secure today; it secures tomorrow. My father bought land for nothing and it was not of much value then, but 50years later it’s worth billions. What you buy for millions today will be worth billions half a century from now, may be even less with the kind of population explosion that we have. Victoria Island: nobody wanted to buy land there, it was marsh, re-claimed land, but 50years later that property with buildings on it is worth a billion.

We bought land for ₦25 million, 10 years ago; House on the Rock bought just under 10 acres of property on the Lekki Peninsula for our worship site. Today, without the brick and mortar on it, that land by the valuers is valued at ₦3 billion. In other words, we’ve created an asset base with 10 years differential of ₦3 billion with just ₦25 million. When you put the building on it and is finished and furnished, they told me the value will be at least 10 billion naira today! What about 50 years from now?

Finally, he advises: GO AND BUY LAND AND GO AND BUY IT QUICKLY because without land, you're not really a power base!

I will remind you of a popular saying: "A word is enough for the wise"... Let alone a sermon.  At KÓRP Properties, we have a diverse, genuine property options at different price ranges and they are in highly profitable locations for your investment consideration (See example in picture below). Call us today on 08183567878 and we will be glad to do business with you.

DO NOT INVEST IN LANDS IF YOU DON'T KNOW THIS!!!

THE MOST IMPORTANT QUESTION FIRST TIME LAND INVESTORS NEED BE ASKING

Many people, especially those who are about to make their first land transaction get confused when it comes to asking the right questions. In some cases, intending investors ask questions like, “Where is the place?”, “Is it far?” and lots of other questions. I’ve even had an encounter with someone who asked for the longitude and latitude of the land.

While these questions are not out of place and arise as a result of people trying to be careful so that they don’t make a financial commitment they would later regret, I think it will be better if they know the right questions to ask and *we know the right answers to the questions*

That brings us to the first question anyone intending to buy land should ask which is *“what is the status of the land?”*

See, before you buy land in Nigeria, it is very important that you know the status of the land!

Knowing the status of the land you are about to buy can save you a lot of money and unnecessary hassles.

Imagine buying a piece of land and erecting a building on it, just for the government to come some years after, and tell you to move out, with claims that your building is illegal because it is sitting on government property.
All these can be prevented if you know the status of the land you are investing in before sealing the transaction.
This brings us to *Land Classification*

Land can be classified as either *free or acquired*. A parcel of land is considered free if the government has not indicated any interest whatsoever in that land.
Such land is safe to buy because the title on the land can be perfected without issues.
In most cases, such lands will either have a gazette, a C of O or a governor’s consent.

Now that you understand what it means for land to be free, you should also know that all lands that fall within areas that are designated as urban areas are under government acquisition until deemed committed or free.
There are two types of acquisition;
*1. committed acquisition* and
*2.general acquisition*

*Committed acquisition*
A parcel of land is said to be under committed acquisition when the government has indicated an intention to use that land for a specific purpose such as provision of amenities. Such lands belong to the government and can never be available for use by individuals.
If you purchase land that is under committed acquisition, it will be impossible for you to perfect your land title and you’ll only be occupying the land until the government comes to kick you out.

*General acquisition*
Lands that are under “general acquisition or “global acquisition can later be confirmed ‘free’ or ‘committed’.
A land under general acquisition can become free by a process called *excision*.
“Excision is a process whereby the government releases a portion of an expanse of land that is not committed"
If a parcel of land that was formerly under acquisition becomes excised, it is then considered free and becomes gazetted. The gazette then becomes the title on the land and such land is safe to buy because a proper title can be processed on the land.

A second case where lands under general acquisition can be released is if an individual purchased a land that was under acquisition without going through an excision process. Such lands can go through another process called “ratification” or “regularization” in which the land owner pays for the land to be ratified or regularized.
The only condition in this case is that the land in question must not fall within a committed area and that the purpose for which the land was bought does not disrupt the original plan of the state. Conditions for ratification may differ from state to state.

I hope by now you understand the most important question that clients/customers/consultant can ask us and the best answers to such questions when buying land in "Nigeria".

-Credits: Mr Bamidele Onalaja (RevolutionPlus Property Development Company Limited)

For your land investment options anywhere in the country, contact us at KÓRP Properties. Call 08183567878 (We have your interests at heart). CLICK HERE for one of our latest listings!!!

NO ONE KNOWS TOMORROW

This is a call for you to take your destiny in your hands to improve your wealth situation in the future because if you have relative abundance now, know that times of relative or utter scarcity will come to your finance. And unless you 'invest' now for the rainy day, you may be overwhelmed. Even scriptural wisdom reveals to us that time & chance happen to all; and that there is time for everything in life (paraphrased). Remember that 'tomorrow' is a function of time. To heed this call may take serious sacrifice initially; but it is sure going to give you peace and desired prosperity in times to come.

We all know the global economic situation is unpredictable. In fact, renowned economists and investors have recently been alarming us of another impending global economic crash (SEE NEWS HERE), worse than the recent one of 2008, or anyone we've seen in many decades (So, Nigeria is not the only nation feeling the heat - though, our responses to situations have always been poor). When such a crash eventually happens, all investments begin to plunge downwards. Only your investment in lands will not be affected. As a matter of fact, it will keep appreciating!

Are you employed? We all know circumstances may make you resign in time, even if you do not fall a victim of your company's retrenchment effort, or outright sacking, which is inevitable. Are you planning on running your own business? Up to 90% of startups fail. This is not an intended effort to discourage your entrepreneurial plans, but to make you consider not placing all your eggs in a basket.

Are you already running business? Then experience tells you that you have some RUNNING costs. Besides, the (continuing) success of your business will be regularly challenged by factor not within your control, eg, government policies, global economic fluctuations, inflation, etc.
Recommendation here is that whatever your current endeavor, try to invest in real estate, at least, in proven land, in a pre-developed axis on the fringe of serious and sure economic development; where risk of loss and/or failure to yield high returns in a relatively short time is minimal. Also, if you're planning dabbling in a few ventures, try ensure you invest in real estate first. It will not incur recurrent expenditures while it heads on the way to still give you high returns in a matter of time.

A recommended place to invest is Ibeju-Lekki, Lagos, which has been earmarked for many development plans that have already been taking shape (we can advice other upcoming locations that'll as well make a good buy, in the state, or elsewhere). Even if you are not planning to live or establish around there, one smart investment advice is that you should still buy there and wait.

While it may not be convenient at the start as it will take great sacrifice, be glad for the hope of an assured future of financial prosperity for you, your family and generations to come. This is the path taken by parents of 'rich people' you see in luxurious, highbrow areas of society today. They wisely bought those 'exclusive' places cheap when it was undeveloped, pre-developed, 'too far' away, and what have you excuses that people mistakenly still give today. Eg, some parts of Lekki Phase 1 sold for N2m years ago but today, they are selling for N200m and above. Imagine the lot of the person who bought a lot of plots back then, however long he waited,  we'll count him among billionaire investors like Eleganza's Okoyas today. Now that person can be you, today, because you are getting the same advice that fellow got back then. The difference decider will now hinge on whether you'll heed the advice or not.

Call on us NOW. We have safe lands ranging from N600,000 to N6m in sure, highbrow-areas-to-be locations. Time is of essence. Act fast before it becomes 'no longer convenient' for you to be a part of as lands appreciate fast there, more especially from next year after Dangote refinery begins operation.

Call/WhatsApp +2348183567878 and we will show you options you can still afford or CLICK HERE to see some of them. What are you still waiting for? Don't wait to buy land but buy land NOW and wait! Act fast because -

NO ONE KNOWS TOMORROW!!!

INVEST SMART

We live in a smart world... There are now smart planes (planes flying without fuel), smart phones, smart cars, smart TV, smart kids, it is a smart generation! ...Smart investments rule the world. There have been a number of news-making rounds that real estate offers a smart, secure investment anytime, but have you heard about a smart city in Lagos, Nigeria? This offers you smart investment opportunities!

The Lagos State government has already signed an agreement with the City of Dubai for the creation of Africa’s first Smart City. It's only a matter of time for the project to kick start. The Memorandum of Understanding for the Lagos Smart City was signed at the Emirate Towers by the Lagos State Attorney-General and Commissioner of Justice, Mr. Adeniji Kazeem and the Chief Executive Officer of Smart City Dubai LLC, Mr. Jabber Bin Hafez.

The signing of the MOU, which will make Lagos the home of the very first Smart City in Africa, was witnessed by the Chairman of Dubai Holdings, His Excellency, Ahmad Bin Byat who is also the Deputy Prime Minister and the Lagos State Governor, Mr. Akinwunmi Ambode.

A Smart City is a growing concept that draws from the success of Dubai’s innovative knowledge-based industry clusters to empower business growth for companies and knowledge workers all over the world”.

In a release signed by the Lagos State Commissioner for Information and Strategy, Mr. Steve Ayorinde, the Smart City (Lagos) is expected to bring multi-billion dollars investments to Lagos, create several thousands of jobs and housing and transform the Ibeju-Lekki axis in particular and the entire Lagos State in general.

“This is a deliberate attempt by us to establish a strong convergence between technology, economic development and governance”, says Governor Ambode.

“The MOU is between Lagos State Government and Dubai Holdings, LLC, owners of Smart City (Dubai) to develop a sustainable, smart, globally connected knowledge-based communities that drive knowledge economy”, he stated.

The Governor stated that the collaboration is part of the larger vision to make Lagos safer, cleaner and more prosperous.

He said, "A smart-city Lagos will be the pride of all Lagosians just as we have smart city Dubai, Smart-City Malta and Smart-City Kochi (India). We are encouraged by the fact that we do not, as a government, need to develop at a slow pace, but take full advantage of the digital age and fast track development of Lagos to a real megalopolis that we can all be proud of.”

The statement quoted Governor Ambode further as saying that, ”The future is ours to take. It also marks the first smart city in Africa when completed."

The Governor added that apart from creating jobs for the people, the project would also become the world’s first carbon-neutral city. “Lagos,” he stated, “will become an important centre for innovations in smart technologies, wellness and destination for green tourism.”

Earlier in his remarks, the Deputy Prime Minister Bin Byat said the Dubai authorities were impressed with the conduct and readiness of Lagos State Government and were eager to proceed with them and the Smart City Lagos Company, which is the operating entity for the project.

When completed, the Smart City Lagos will have, among other features: a 12-lane road, hotel resorts, world-class technological education facilities, a rail metroline, to mention but a few (SEE SOME INVESTMENT OPTIONS HERE).

Ayorinde said the signing ceremony was also witnessed by the Chairman of Smart City Lagos Ltd, Prof. Pat Utomi, the Special Adviser to the Governor on Overseas Affairs and Investment, Prof. Ademola Abass; Chairman, Public Accounts Committee of the Lagos State House of Assembly, Hon. Olanrewaju Oshun, Hon. Dipo Famakinwa and Mr. Obafemi Saheed.

Additional benefit is that this area is close to the Free Trade Zone, Dangote Refinery, Island International Airport, Lekki Deep Seaport, world-class resorts like La Campagne Tropicana, etc. This is an opportunity to invest now in this global business haven while one can still easily afford it. We have safe options still ranging from N600,000 to few million Naira.

Wouldn't you rather invest in a SMART location and secure a comfortable financial future for yourself, children and family? Contact us by clicking HERE

Investments In Lekki Free Zone Hit N4.55 Trillion

Prince Rotimi Ogunleye

WOW! Investment in Lekki Free Trade Zone hits N4.55 trillion and is still on continuing increase!! Imagine what can be in the axis for you (you have to work it out)!!!

Investments in the Lagos Lekki Free Zone, LFZ, has hit N4.55 trillion ($15 billion), the Lagos State Government revealed recently.

Commissioner for Commerce and Industry, Prince Rotimi Ogunleye spoke at a recent ministerial press conference in Alausa, Lagos, Southwest Nigeria.

The commissioner said the LFZ had remained a landmark industrial project for the Lagos State Government and that the strategic partnership between the Lagos State Government and the China-Africa Lekki Investment Limited (CALIL) in the Lekki Free Zone Development Company (LFZDC) was a testament to the undying resolve of the State Government to ensure sustainable industrialisation of the State that would translate to improved job and wealth creation as well as economic growth through the attraction of local and foreign direct investments.

He said that 116 investors had so far registered with LFZ out of which 16 have commenced full operations and that their investments had hit $4 billion, while that of Aliko Dangote has hit $11 billion, making a total of $15 billion, and there are so many more just about starting up.

“While some factories are currently under Construction, 100 investors have also signified their intention to register and situate their businesses within the zone,” he said.

Ogunleye stated that the investments of Dangote alone in refinery is far bigger than all Federal Government’s refineries in the country put together, saying that the zone had become Africa’s destination for commerce and industry.

On the equity contribution to the LFZ development, he said during the period under review, the government further released a sum of N698.478 million to the joint venture as part of the State’s equity contribution.

The commissioner said this was part of the effort to ensure the speedy development of the zone and honour the State’s obligation on counterpart funding of the project.

He added that in fulfillment of the earlier promise of compensation to communities affected by the LFZ project, the government in the last one year disbursed N740.461 million as compensation to the host communities of parcel ‘B’ comprising Yegunda and Abomiti as well as Lekki-Epe International Airport zone.

Also, Ogunleye disclosed that the State’s Executive Council last month formally approved the establishment of an integrated Light Industrial Park in Imota with full complements of warehouses, factory units, water and electricity facilities and adequate parking spaces.

He said in the first phase of the project, the government would build 80 factory units with the target to hit the peak point of 120 units upon completion.

“Work is ongoing to also deliver on the Agemowo Industrial Park in the Badagry Division where we are already at an advanced stage with a private investor to establish a modern auto mart on 10 hectares out of the State’s 30 hectares of land in the park,” he said.

Credit: pmnewsnigeria

Imagine securing investments in this location now when you can afford it! We currently have safe lands in the axis less than N1m up to N6m, as well as Survey Sponsorship opportunities. Just call us at KORP Properties by clicking HERE

Lekki Free Zone Update: Lagos invests $4bn on infrastructure

L-R: Lagos State Governor, Akinwunmi Ambode (2nd right), with President, Dangote Group, Alhaji Aliko Dangote; President of Togo, Mr. Faure Gnassingbe and Chairman, Zenon Petroleum & Gas Limited, Mr. Femi Otedola during the visit of the Togolese President to the Dangote Refinery at the Lekki Free Trade Zone, Lekki, Lagos, on Tuesday, August 2, 2016.

The Lagos State Government on Monday said that the net value of infrastructure at the Lekki Free Zone stood at $4bn.

The state Commissioner for Commerce, Industry and Cooperatives, Mr Rotimi Ogunleye, disclosed this in Alausa at the ongoing ministerial briefing to commemorate Gov. Akinwunmi Ambode’s second year in office.

Ogunleye said that 116 investors had so far registered with the LFZ out of which 16 had commenced full operations.

He said that the state government, had in the last two years, released N698.47m as part of the state’s equity contribution to the joint venture.

“This is part of the effort to ensure speedy development of the zone and honour the state’s obligation on counterpart funding of the project,” he said.

Ogunleye said that the state had also disbursed N740.46m as compensation to communities affected by the LFZ project.

The commissioner said that the LFZ remained a landmark industrial project for the state government.

According to Ogunleye, plans are underway to deliver a new industrial policy for enhanced industrial landscape in the state.

He said that the ministry was in partnership with UNIDO to prepare the all-encompassing industrial policy to replace the obsolete policy of 1985.

According to Ogunleye, the ministry has entered into a technical cooperation agreement with UNIDO through its Investment Technology Promotion Office toward establishing a fashion and shoe hub at Gberigbe Enterprise Zone in Lekki.

He said that the aim was to boost and develop entrepreneurial capacities of SMEs for sustainable enterprise development and investment promotion using UNIDO methodologies.

Ogunleye said that this would facilitate technology acquisition and transfer which would lead to accelerated industrial development and economic growth.

He said that the state government recently approved the establishment of an integrated Light Industrial Park in Imota in Ikorodu with full complements of warehouses, factory units, water and electricity facilities.

Ogunleye said that work was ongoing on the Agemowo Industrial Park in the Badagry division where a private investor would establish a modern auto market on 10 hectares out of the state’s hectares of land in the park.

(Credit: NANS)

This is another clarion call for the wise to invest in his future and his family's in this upcoming global zone as the saying goes that the early bird catches the prey (of future wealth). We still have genuine lands at KÓRP Properties you can invest in less than a million naira per plot. Just talk to us on (+234)8183567878.