MEMORIES PREMIER PROPERTIES

Before buying or building near power lines, you must observe the official setback distances — it’s not just for compliance, it’s for your safety and property protection also !  According to the Federal Ministry of Power, Works & Housing, the required horizontal distances from PHCN High Tension Lines are:  🔹 0.415-volt Low Tension Lines → 6 metres 🔹 11 KVA Lines → 6 metres 🔹 33 KVA Lines → 10 metres (from the closest line)  🔹 132 KVA Lines → 20 metres (from the centre of the line)  🔹 330 KVA Lines → 30 metres (on both sides from the pylon base)  🔹 Substations → 12 metres (from the substation boundary)  These setbacks help prevent electrical hazards, ensure accessibility for maintenance, and protect your investment from demolition risks during future enforcement drives.  So, before you build or buy, consult an expert like #therealestatedoctor on +2348066143574  Let’s make informed property decisions — because safety is wealth !  Ignor...

Before you buy or build close to any water body, pause and ask yourself — “Am I within the approved setback limits?” Here’s what the law says 👇🏽 🏖️ Ocean & Sea: 150 metres 🌊 Lagoon: 50 metres 🚤 Gorge, Canal & Drainage: 10 metres 🏞️ River & Creek: 15 metres Many property owners unknowingly violate these regulations — and end up facing demolition or loss of investment. 😔 As TheRealEstateDoctor, my mission is to help you make informed, safe and profitable property decisions — because prevention is better than cure in real estate too.  Ignorance is NOT a Defence. For more information and guidance : ☎️ +2348066143574  #TheRealEstateDoctor#RealEstateEducation #PropertyAwareness #NigeriaRealEstate #LandMatters #SafeInvestment #MemoriesPremierProperties #RealEstateDoctorTips #BuyRightLiveRight

As we step into 2025, the real estate market in Nigeria continues to show immense promise for savvy investors and potential homeowners.  Despite challenges in the past, the opportunities today are ripe, with market trends indicating a golden time for purchasing property in the country.  Here’s why you should consider investing in Nigerian real estate this year. 1. Strategic Economic Growth Nigeria’s economy is gradually stabilizing, with significant government investments in infrastructure and urban development. Cities like Lagos, Abuja, and Port Harcourt are expanding, creating more demand for residential, commercial, and industrial spaces.  By investing now, you position yourself to reap the benefits of appreciation in property value as these areas develop further. 2. Favorable Exchange Rates for Diaspora Nigerians For Nigerians in the diaspora, the exchange rate offers a significant advantage when buying property in Nigeria. With foreign currencies converting favorably...

In real estate development and construction, choosing the correct materials is vital to ensure strong, durable, and long-lasting structures. One key material is the steel rod (also known as rebar), which strengthens concrete and helps it withstand tension. However, not all steel rods are the same.  Different projects require different rod sizes, and knowing the right one can make all the difference. Let’s explore the various sizes of steel rods and their importance in construction. Common Sizes of Steel Rods Used in Construction : 1. 6mm Rods    These are the smallest size typically used in construction, primarily for lighter, non-load-bearing structures such as fences, small slabs, and mesh for plaster reinforcement. Though they don’t support heavy loads, they’re important for ensuring the stability of smaller elements. 2. 8mm – 10mm Rods    Ideal for simple residential buildings, these rods are used in constructing beams and columns in single-story houses or s...

Buying a house is a significant investment, and it's crucial to thoroughly inspect the property before making a payment. Here are some key things to look out for: 1️⃣ Structural Integrity: Check for any signs of structural damage, such as cracks in the walls or foundation, sagging ceilings, or uneven floors. A solid foundation is essential for a long-lasting home. 2️⃣ Roof Condition: Inspect the roof for missing shingles, leaks, or signs of water damage. A well-maintained roof protects your home from potential issues and ensures a safe and comfortable living environment. 3️⃣ Plumbing System: Turn on faucets, flush toilets, and check for any signs of leaks or water pressure problems. Inspect the water heater and ensure it is functioning properly. Faulty plumbing can lead to expensive repairs down the line. 4️⃣ Electrical Wiring: Assess the electrical system for outdated or faulty wiring. Look for exposed wires, flickering lights, or non-functional outlets. Adequate electrical safety...

  Epe went from zero to millions in months...Do you know why ? Let's tell you 👇 1.Strategic Location:  Epe is strategically located on the outskirts of Lagos, one of the fastest-growing cities in Africa. It is in close proximity to the Lekki Free Trade Zone, the proposed international airport, and the proposed fourth mainland bridge. This makes it an attractive location for real estate investment. 2. Growing Population: Epe is experiencing a steady increase in population due to its location, infrastructure development, and growing economic opportunities. As the population grows, demand for land and real estate increases, which makes it a great opportunity to invest in land. 3.Development Potential:  The Lagos State government has identified Epe as a key area for development and has embarked on several infrastructure projects in the region. These include road construction, upgrading of health facilities, and the establishment of an international airport. This creates an o...

Firstly, Determine your budget and financing options: Before you start looking for properties, it's important to determine your budget and consider your financing options. This will help you narrow down your search to properties that are within your price range. Research the market and select a location: Research the real estate market in Nigeria and identify the location where you would like to buy property. Consider factors such as proximity to schools, hospitals, and other amenities, as well as the overall safety and security of the area. Find a real estate agent or broker: Working with a real estate agent or broker can be helpful in finding properties that meet your needs and budget. They can also assist with the negotiation and legal processes involved in purchasing property. Search for properties: Once you have a clear idea of your budget and desired location, you can start searching for properties. You can search online, through real estate agents, or by contacting owners...

  REAL ESTATE can be risky and full of fears especially in this part of the world. But it doesn't have to be. . . . Here are some common fears and ways to mitigate them 👇 . .  1.FINANCE: Many potential investors in Nigeria feel they need a whole lot of money to invest in real estate and this is not necessarily always the case. While you do need money to invest, you have a lot of options available to you that don't need a ton of money. For example, with just ₦ 1,000,000 you can get property in Lagos. . . Some property deals even allow you pay instamentally over a period of years. Also, there's opportunities of co-own in many properties, that requires as low as ₦50,000. . . 2. FEAR OF BEING DUPED: This fear is very real in a country like Nigeria. Almost every other day, people are being  cheated out of their hard earned money in property deals. They either don't get the full value of what they paid for or they don't even get...

Lagos has become a place where real estate is making a significant difference. The sector keeps surviving the bad economy year in and year out. If you are a player in the real estate sector and you don’t have land yet in Lagos, then you are missing out good money . The effect of the pandemic still lingers even after a year and some months.  Nonetheless, the real estate business is still standing tall. If you don’t know your way, it’s crucial to ask people that have been there. Buying land is good but buying in a place where you are sure to get a huge return of profit is better. Lagos is a city where real estate is highly profitable and can bring you a fortune. However, there are some places real estate investors should look out for more. These areas will be highlighted in this article: Follow me - 1. IBEJU-LEKKI Despite the land being cheap in Ibeju-Lekki, it still sells faster than any other location in Lagos. Land in Ibeju Lekki sells between 3 million to 25 million depending on ...