Tips and Benefits of Buying Off-Plan Property in Lagos, Nigeria.

Why would you want to buy a property before it’s finished? Sounds crazy right? Regardless, many people buy properties at the start of a project. But why do they do that? Because it gives them an edge in preparing for the purchase.

Off-plan sale real estate is a desirable investment. A fixed purchase price, with no subsequent obligation to pay any further costs or fees, means the purchaser can make up their mind about what they think the property will ultimately be worth. There are also zero or little down payment options available for both buyers and investors, which can make off-plan sales attractive to those who have been keeping an eye out for a good time to buy but need a little more time to save up.

It's also a great way to get the best prices on new homes. If you are interested in buying a property before it has been built, make sure you know what you're looking for and how much you are willing to pay. Here are some tips on how to buy a new home before it's finished:

• Be clear about your budget and the features that are important to you.
• Be sure to deal with a reputable builder (or developer) who can deliver on your expectations and provide accurate information about the project.
• Get a plan of the house from the builder or developer, find out what the home will look like. Get details on the floor plan and design before buying.
• Go through the plans, drawings and other forms of documentation.
• Look at other homes that have been built by the same developer for ideas on what you want.
• Visit the site to see what's been done so far.
• Look at other homes in the area to get an idea of what is popular or unique. You can also see if there are any new developments going on nearby that you might want to take advantage of.
• Find out what other people think of the development. You can do this by asking around or reading reviews online.
• Considering the inflation rate in Nigeria, buying at the beginning of a project protects the buyer from future increase in price and access to a more flexible payment plan.

The real estate developer and seller are also more likely to be receptive to your suggestions. This can be especially important if you are buying a new home that is under construction. You may have some ideas about how things should look or feel, or what kind of upgrades you want to make.

So, whether you're looking for a place for you and your family or for an investment that will pay off, the decision to invest in off-plan property is a smart one. For just about anyone interested in real estate and ready for a new home, exploring the excellent options out there through an off-plan purchase might be the best way to go.

Recommendations

We have a couple of credible real estate developers with proven track record in Lagos. One of which is Ridgewell Construction Co. Ltd. the developer has been in the industry for over 10years and offer affordable luxury house in Lagos, Nigeria.