Under $50,000 Luxury Villas in Lagos will blow your mind 🇳🇬
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- Опубликовано: 22 дек 2024
- In today's video, we visited and toured some of the cheapest luxury villas in Lagos Nigeria, and I met up with the developer of all these projects.
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I am totally blown away, Nigeria is putting up good, modern houses. This is very nice, guys.
The lack of greenery is something else. Homes need spaces for plants and mini gardens. Secondly estates planners should always take into consideration playground areas, recreational centers. We just can't be building houses alone. So many things are essential for a good and livable community.
very correct, I was just thinking of the fact that there is no greenly at all. Building the houses packing people like sardines
You got it right! To that's also my comments when I see Nigerian building. The green is not most of the time there !
They never have that. That's a very good suggestion
Something that i noticed at Nigerian real estate, is that there’re beautiful houses, but at the same time they don’t invest in the neighborhood… there are visual pollution everywhere
Unfortunately that’s the case but with time we will get there
@@idy386We should have gotten there already!
Particularly in Lagos!
Its citizens are some of the most well travelled people in the country, so why landscaping and greenery are not embraced is disappointing!
That is the case in India also.
Name a country that has no pollution?
@@Superpius91 Switzerland
Not knocking this developer specifically but I feel like Nigerian developers in general focus too much on making the house appear as "luxurious" on the exterior when in reality then build quality is suboptimal. Just look at the kitchen, how do you have a "luxury villa" that has uneven cabinets, overspill of sealant, etc. These are things that you don't even see in the most affordable houses in most places in western Europe. Now I understand that Nigeria is still a developing country, but I just wish the developers would shift their focus to the more essential parts.
It’s the cheap Labor
Fair point
Compared to what $50k will get you in countries like US or UK or anywhere else. I think it's a steal. Anyways I also agree with your view
While I agree with you about the shoddiness of most building work in Nigeria, I thought these buildings are fairly well put together actually, and with lovely finishes. Maybe I missed seeing it. But I did not see the uneven cabinets or sealant overspill. But I was cooking while watching. So I might have missed what you noticed.
I think i know what you try to say but its obvious why they focus allot on the exterior its very important and its not the west, for example im not into the fences like that but nigerians in general have lotta families and friends or bussines related people coming in and out so thats why to so its another world the europeans focus more intererior african on exterior we dont have to be like the west althoui personally think nigerias houses want that wester luxury style of west
Point of correction - there are technical colleges in almost every state in nigeria. There's a technical college in yaba not too far from yabatech. The truth is that those grade of trained workers are more expensive than the artisans you pick from the street, they then hire a professional to supervise & direct the artisans. The guy just didn't want to put that out. They do that to get cheaper labour so that the properties prices can be competitive at the end of the day.
Don't blame them though.
On the other hand, there's a property that caught my attention. What's his contact?
we even have techical school in alausa
Thought so too!
His contacts are in his description
The public sector and related industries should force all workers to learn skills and obtain licenses. Some workers are of such poor quality that poor construction quality will cause danger to the public.
@@io9883If you do that, houses will be extremely expensive.
So, the best bet is to have a trained engineer supervise and manage those untrained labourers. Nowadays, Nigerian developers hire labourers from Benin Rep and Niger Rep because they are more affordable than Nigerian labourers.
I am in Atlanta, and I think that the prices you listed are very affordable for a major international city and commercial hub like Lagos. The prices with units like the ones shown in a city like Atlanta would be much higher, and the space would be smaller.
And the income😅
@@Cristiano-z7f Perhaps, but the study that came out in May 2023 said that the city of Atlanta is the most overpriced housing market in the U.S. Most of the prices listed in the city itself to steep for the average person to afford. The people who live in the bigger homes that they can afford, or who purchase land to build their own homes are outside of the city.
@@MsPrincessaj Add California and New York to the mix along with Atlanta. Houses are cheaper in Texas. You can never get a house in U.S. like the one in the video for $50,000. The exterior and interior styling are outdated compared to the ones in this video.
Lol
I live in northern Ca where that would be in the millions here.
Good work Mr Ndukwu, watching from Kenya 🇰🇪 ❤
50K, I don't mind relocating to Nigeria, as a West African mingling wouldn't be hard .
I am in Atlanta, Georgia and I don't care about pricing at all for everything is mine in this world. I just go searching and the Properties that I Discern is for ME: I GET THEM! I sooooo LOVE this Video and I Love MaMa Africa for there's NO PLACE like HOME!!!!! Thank you Steven for helping us all out around this world.
You sound like a nightmare of a person to deal with.
ruclips.net/video/TAqAd3dtvgk/видео.htmlsi=UgXziImVSYyNDtkR
Talk is cheap, in fact it is free.
I live in atlanta too and I’m plotting my move girl! Lol
@@NikkiValentine_ pls kindly contact me if u need any apartment for sales and rent
Nigeria has millions of developers. We are crazy about real estate. The pace at which.we are building in Nigeria, I wonder how the country will look in 50 years. Unfortunately for us, infrastructural development that was supposed to be done by the government never get done because of our violently corrupt politicians.
We found individual solutions to light( solar), water(boreholes). We haven't found solutions to the roads yet. I think if we develop strong neighborhood associations, we can pull resources together and build and maintain our roads, completely discarding the need for our mad leaders.
People can build the road in front of their house...
@osazuwaosayi218, no it will be automatic. Before you buy land you must pay for infrastructure development. The buyer will not do the work, the money paid will go to an approved contractor to build infrastructure as you go.
I think neighborhood associations can be formed to be a force that challenges local and state government to provide such amenities otherwise Nigerians will continue to be heavily taxed in every areas of our lives. We pay for our own amenities like you rightly mentioned. Paying for private schools where there’s no strong public school is taxation and such goes to many things like parks and others.
Oh please be sure to press for many roads - as you know I'm sure greedy ploticians allowing building building--- leaves so much traffic for residents - then ppl dont want to live in the area bc of lack of rods that suppot the heavy popluation, then value drops
@osazuwaosayi218😂😂 possible
Hey guys i‘m from germany and my roots are from nigeria.
I want to save up money and want to life to my end by my roots and these houses looks great!.
Sry for my bad english and stay safe my friends ❤
Your English is perfect. We understood you perfectly.
@@charlesubochi2603 thank you brother ❤️
We love you so much, Nigeria is a beautiful place to leave we don't discrinate ❤❤
Mr Stephen Ndukwu. Please can you do more real estate videos like this? It keeps us informed and educated about real estate in lagos
I have more on my channel "the Lagos Real estate insider"
Steve, great job, I really appreciate it. As for the prices. Comparing with the price of properties in Calgary AB Canada 🇨🇦, the properties you just shown to us, is like a give away. I must confess, this developer is doing a great job.
Yes, he is doing a good job compared to what it will cost in western countries built mostly with wood.
man i have missed you showing us nice houses in Nigeria, hope to see more nice estate properties glad u are back man.
There is more to come
@@StevenNdukwu pls more nigeria videos🇳🇬👏
@@StevenNdukwu yh more nigeria mansions videos
@@StevenNdukwuyou have stopped, we need more videos like this.
Wow, all these properties are very nice and affordable. Watching from the USA may end up buying one of these.
Amazing properties, missed you lagos/Nigeria videos so much 🤍🎉
Bro your production quality is top-tier
Glad you think so!
Response was supposed to be thank you. Sheesh.
This is even better than one 150 million that I watched from another blogger.
Built 3bedroom duplex too, not everybody have a big family, I hope that this area are not flooded. That is the reason why I am scared to buy a house in lekki or Aja because of the flooding. Well I am still looking around on you tube.
Good job guys
Nigeria's municipal government for Christ's sake builds parks, and grows trees, to support the mental well-being of the communities. Open drainage in 2023 is a disgrace.
Love contemporary 🏠🥰🥰 Villa's are beautiful Wow my dream home Duplex is pretty as well.Nice to see
If the lights and door locks in these houses malfunction, can we find workers or manufacturers who can repair them quickly? Is the repair price reasonable? Developers should build low-cost, modern high-rise apartments that are more suitable for ordinary office workers.
Thank you for showing all the properties. Where is the Airport base please
This is really beauttiful and affordable🎉
From this location to civilization which is just about 20kilometer away can take you good 3 hrs on the road
Real estate investment is not as straightforward as they make it look. Most of the properties end up empty collecting dust
Wonderful, thank you for sharing Mr. Steve
I think if I had to take contract in nigeria it will be BUILDING ROADS definitely their is a catch there.
Steve see as you fresh like today agege big ups to you boss
Wow, I never thought about this perspective before! Your video really opened my eyes. Thanks for sharing this insight
Muy bien me recuerda a mexico cuando se empezo a urbanizar en los 70sm
I really love this wish I could afford a plane ticket to get out there and see it myself.
Hi Steven, excellent video. Given the Naira exchange rate, I'm now so tempted to invest I was wondering if you could do or have done 'an investors edition', especially if they are in diaspora. Looking at the numbers before they purchased. How they are letting properties. Their experiences in general. Also if they will share how they get funds to their specific locations. Are there any facebook groups as such. Thanks again.
There are institutions in Nigeria you can get some kind of labours though
I know of electrical and mechanical though
Yes, Africa should focus on building homes for the average working citizen, that’s where they will make money. They should also include building schools and shopping in that same areas. But they still need to do the right construction work. That kitchen has a lot of issues. They should also learn to put power lines underground.
My RUclips algorithm sent me here 😄. It knows I love everything Prince and gospel so...boom. Although I did see Kirk's video first. I probably would've tried to find it if it wasn't already in my recommendations.
Please can you do a series for real estate in Abuja !
Soon
@@StevenNdukwuwarm greetings Steve and I think we need a video too in PH
Does Abuja have luxury estate 🤔🤔🤔
I like what I’m seeing so far however I’m curious about the buying process and trying to avoid scams
I appreciate how you present your ideas so clearly. It's a pleasure watching your videos
Very impressed with all this development in the country 👏
Thank you that the apartment building is not too high building because not everybody likes high rise building, mix then together too 1bedroom, 2bedroom, 3bedroom apartment.i like your design,
2:30 how does the parking lot work? If the parking is full, how do the people who parked first get out ?
Very nice. Outside of homes, what else are they building in those areas? Schools, stores, medical facilities, etc.
I think these are really nice properties, decent prices and location too 👏🏾
You have a fantastic way of making complex topics easy to understand. Keep up the great work
The dilemma here is, people who can afford this property won't want to live in Ajah and people that want to live in Ajah, can't afford this property!
Why is that. I don't know Ajara. Is it a bad neighborhood?
@@kamerun1It's a good developing neighborhood
@@kamerun1 it's a dope neighborhood
Shut up
I looked a few properties in Ajah and was very disappointed
Another excellent presentation Steven! Hopefully a Nigerian polytechnic will soon be developed to train much needed construction workers and craftsmen 🌃. The wisdom of getting in early can never be over stated💰💰💰. I will continue following you hoping for more content like this in the future.
I hope so too!
This video is a gem! It's refreshing to see such high-quality content on RUclips. Kudos to you
In Nigeria, developers build in silos. Before you get approval to build in bulk, in saner climes, you are expected to build infrastructure - road, schools, gardens, link to mainstream transportation network etc. In Nigeria, we mostly build estates that are femced off to the outside world.
The houses are very nice and beautiful but could be more beautiful if all the wirings were underground/unseen
Yes I agree
Flooding is a factor . Underground wiring need expensive infrastructure to keep dry and will explode the costs of the property.
@@czogg99. In fact I will go as far as to say that underground wiring system for utilities in Nigeria is impossible. There is no infrastructure to support it .
i have got to double up my hustle mehn. have to get one of these crazy houses out there
Extractor, wheres the chimney?
Good work Mr Ndukwu 👍🏽👍🏽
I don’t think you get good value for money in Lagos. $158k when you can build your own detached house for that price in Ajay
Could you also share the size of these locations in terms of sqm or square footage per space
Very nice video. I'm doing research to unleash some hot property deals at a prime area in Ghana right now
I love Lagos, but am concerned about the Security. Can you address that for a FOREIGNER? Tell the price in dollars?
My major Problem is that they never make Provisions for trees
Exactly! There would need to be a more open-spaced environment for vegetation in a very good neighbouhood.
Wow gives a f"ck about trees in Nigeria 😂
When your house looks like that it's already a big deal in Nigeria
Get your plot and build a quality and luxurious homes at far cheaper price.
So are you saying the cost of land AND building can be cheaper than this?
I agree, will only do this for investment property like apartments for short let
@@kymberlycourage absolutely. They sell these homes for $38-50k which means they probably build them for $10-17k. The supplies and land is dirt cheap in Nigeria.
@@mlamont235 Thanks for the response! Let me get building then! 😩
If you're living in the diaspora I will encourage you to buy a house except you are around to monitor your project.
I can assure you that your engineers and other labourers will eat from that money you want to save.
Hi...I am from another country...how about the taxes and comissions to the Real Estate Broker I should pay there?
HOUSE IS GORGEOUS
Very impressive looking homes! How far away is the beach?
Like 20mins or less
Nice one bro very good information about the apartment
I am an American and I am moving to Lagos Nigeria soon. I would love to rent or buy through this guy. Can you help me?
I believe these are value for money Townhouses maybe Lekki side Residential New Development
the website of the developer could have been added to give the video some credibility....
Finally nice priced houses… but still no green spaces for the kids to play. And even if the houses don’t have yards for kids to play in… the estates don’t have playgrounds 🤷♂️
Great job sir 💯👏🏾
Your back in Nigeria, my man. Don’t get me wrong I like your Zanzibar vids.
Yep. The videos are amongst the best on Zanzibar ever! A good material for journalist
Wow west africa build best houses
Interesting video. The question is how easy is it for an investor that bought at 28m to sell for 38m.
federal ministry of labour and Productivity is training such @ 9:28
The real valuation of this property is what the bank will value it at, and not what the developers are proposing to sell the property. Or perhaps how much a buyer is willing to pay.
Steve, when are we gonna get the 25,000 homes. Kindly upload some
And when he gives you $25,000, you will ask for $12,500 😊
Nice, but please work on sound. Could be louder, especially the guest, and lower the backdrop music. Round of applause.
Please developers more trees and garden areas. AfRiCa RiSiNg 🌍 ❤️
I prayed God should help me with to buy my house 🏠 in Nigeria. My love for Nigeria
This developer is unique. I don't see bamboo propping up the homes under construction. It shows he knows what he is doing.
Just watch out for these Developer’s friends and fellow trades men try telling you the cost is cheap compared to what you get overseas. Nigeria and gazumping price.
I've already seen one such comment, comparing prices to Atlanta and saying it's way cheaper here. Lol.
Yes this is absolutely cheap. You can't get anything like this for 50k in America
do you need to be a resident there or have citizenship to be able to purchase there? IF not how do I contact this guy?
Nope. Non of those requirements in Lagos
West Africa is open bro, you can purchase anywhere.
@@lemonade_ib not in ghana though
welcome back to 9ja steve
Love this video ! Really good info
My family is from Ajah❤
Wow this is amazing thank you for sharing
In one year, inflation and exchange rates has eaten all the profit
Nigerian builders need to improve on their interior design ( floor plan) of their buildings. In my observations, the units are disjointed and disconnected in terms of functionality. How do they put Master bath on one side of the room and closet on the opposite side. Should people walk naked across the room from bath to the closet to grab their clothes?
There are also unnecessary walls and doors that make spaces look smaller and enclosed. Also, natural sunlight light in the rooms aren't a thing for them. the rooms are dark & gloomy during the day because of lack of sunlight.
Cross ventilation aren't a thing for them, either. Most of those houses over priced. Imagine well built quality luxurious homes with a lot thoughts that goes into it you'd buy for the same price in Texas.
Please do you do morgages,,,,like I can pay 20,000€ and the rest iinstallmental in 3yrs
Hi Steve, what if someone wants to invest and not buy?
Waouh great job bro why don't you have a French version of the channel for the francophones inorder to increase the community. If interested I can offer you my services in the domaine
I think when it comes to your home the quality is extremely important. Who cares if the outside appears to luxury if the inside is equipped with poor quality appliances, wiring, walls and water. I do not live in Nigeria but all humans think alike when it comes to purchasing with our hard earned $$. Not judging these I am not there to see. Just as developers keep that in mind
Very good value for money
How can I contact the developer
The Chicken at Ologolo had me rolling looool @StevenNdukwu
Where is the land for gardening?
None of this is adding up. These properties are well priced but the appreciation is far fetched. If the land was appreciating this much,, Why bother building on it and just let it appreciate?
Because he is in business to build and sell
The reason for the appreciation is that people are building, not just on the land but in the area. In effect, the more an area develops, the more valuable the land there will be.
Some people do buy ,keep and sell. Some build and sell. Its true that land appreciates that fast in Nigerian cities. Its crazy.
@@therealist2866 I understand how appreciation works. I just think the bubble is false, as the average Nigerian would still prefer to buy a newly built property or build their own, so this appreciation when sold on his false. The land could always appreciate for the next buyer.
@@RA-ms3je how many of these properties have been sold on at the appreciated rate after the first buyer purchased it.
Thank you for the feedback
If my neighbor can hear me fart 💨 I don’t want it 😂to close for me
How’s the flooding?? I read that it’s very bad in this part of Lagos
No
Beautiful ❤️❤️❤️
Great price