-
Soaring demand for high-end properties raises rental prices, off-plan sales | The Guardian Nigeria News
Next gradual return of workers to workplaces and worldwide travel resumption, Nigeria’s significant-end houses are in higher demand, which have prompted rise in rental rates and maximize in off-system profits. The Guardian learnt that the progress has sent key lettings sector into a frenzy, pushed up rental income and demand by customers of luxurious apartments across neighbourhoods this kind of as Ikoyi, Victoria Island in Lagos and Asokoro as very well as other prime locations in Abuja. Two well-liked estate businesses- Knight Frank Nigeria and Sam Eboigbe and Firm confirmed the report. A residence advancement corporation, Cruxstone Limited embarking on a joint undertaking task with Lagos Governing administration in the…
-
Beware the backlash as financiers muscle into rental property
Sep 25th 2021 BERLINERS, MORE than four-fifths of whom rent their homes, have an unusual opportunity on September 26th to vent their anger over the rising cost of housing. A referendum, on the same day as Germany’s national and municipal elections, will give them a say on whether or not the city should in effect “expropriate” some of Germany’s largest residential-property firms, affecting up to 240,000 homes. The vote is non-binding. But its impact on the housing market is already having an effect. On September 17th two giant property investment trusts, Vonovia and a firm it is targeting in a €19.1bn ($22.5 billion) takeover, Deutsche Wohnen, said they would sell…
-
RENTAL PROPERTIES: TO FURNISH OR NOT TO FURNISH? by Dave Sweyer
Rental homes can be terrific investments and supply thirty day period-about-month gain for homeowners, while concurrently accruing fairness around the for a longer time term. Some owners have a solitary rental home, whilst others have many houses as section of their general expenditure portfolios. Each investor’s objectives will be unique, and not often is a selection plainly correct or incorrect, or the solution to an difficulty black and white.
 One particular significant issue property traders face is no matter if to provide their very long-expression rental houses furnished or unfurnished. And, of study course, not one particular sizing fits all. This is an area in which doing the job with…
/cloudfront-us-east-2.images.arcpublishing.com/reuters/ZQZTYZTAA5PMPJ5BI6V2KFGHSM.jpg){kind=small}
