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How smart Nigerian working-class and entrepreneurs can access up to a N50M mortgage to secure their dream home in Nigeria.

How smart Nigerian working-class and entrepreneurs are securing their dream home in Nigeria by with up to N15M housing loans in Nigeria

Owning a luxurious apartment in Nigeria is a dream that many aspire to achieve. What if I told you that there’s a well-structured, easy yet affordable path to turn this dream into reality?

Through the National Housing Fund (NHF), prospective homeowners have the opportunity to secure up to a N15 million housing loans in Nigeria.

In this comprehensive guide, we will walk you through the six easy steps to secure this loan and get the keys of your dream home without stress.

Additionally, we will highlight the success story of the beneficiaries that have taken advantage of this affordable homeownership scheme.

#Step 01: Understanding the National Housing Fund (NHF)

The NHF is a government-driven initiative designed to provide affordable housing loans to Nigerians. It is managed by the Federal Mortgage Bank of Nigeria (FMBN), and it offers low-interest rate mortgages to eligible contributors.

The NHF is anchored in Act 3 of the 1992 constitution that established the National Housing Fund (NHF). Section 2 of the Act outlines the aims and objectives of the fund. Sections 20, 21, and 22 define the offenses and penalties for non-compliance. Act 3 is being amended to bring it in line with new realities and is aimed at strengthening the National Housing Fund.

#Step 5: Accessing your mortgage

The NHF is a government intervention to enable people to buy and move into their first homes. The loan has the lowest interest rate on a mortgage in West Africa. Contributing to the NHF is mandatory for every adult Nigerian or resident in Nigeria with a regular source of income and failure to remit contributions to the fund could result in jail time or a fine.

 

If you never get around to applying for the loan, you can always get a refund of your contributions at a 2% per annum interest rate when you turn 60 or after 35 years of service.

To participate in the NHF program, individuals must register and make regular contributions up to 6 months. Both public and private sector employees have access to this scheme and the benefits it offers.

#Step 2: Determine Your Eligibility

Before embarking on your homeownership journey through the NHF, it’s essential to confirm your eligibility. Eligible contributors should meet the following criteria:

To be able to apply for NHF financing you have to check all of the following categories;

 

  • > Be a Nigerian citizen.
  • > Be at least 21 years of age
  • > Have a steady and reliable source of income whether paid or self-employment
  • > Be earning at least N3000 per annum
  • > Be up to date with your 2.5% of basic salary contribution to the fund for at least 6 months

#Step 3: How to be an NHF contributor

To qualify for the NHF program, you must consistently make contributions. A percentage of your monthly income will be deducted and deposited into your NHF account through your employer. Accumulating a substantial amount in your NHF account is the key to securing a significant mortgage.

Step 4: How much can you access through the NHF scheme?

“As part of efforts to ensure equitable access to decent N15M, FMBN offers you the opportunity to purchase affordable luxury that suits your growing family needs. You can now live in the best estate you can ever think of, like “Mainland Park Regal”  popularly called the “New-Lagos”!

N:B – Sincerely, it is easier to access your housing loans and works best for owning your new home from a real estate developer who has a good working relationship with the Federal Mortgage Banks like Pentagon Real Estates, the developer of “Mainland Park Regal” popularly called the New-Lagos.

If your values include safety, a nurturing environment, and access to quality education, Mainland Park Estates ticks all the boxes.

Click the link below to get the brochure where you can explore a series of homes you can own with your N15M mortgage in Mainland Park Estates.

 

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Our Brochure

 

“And you know what’s more exceptional? Some members of NAMA cooperative staff took advantage of this housing scheme through Pentagon Real Estates in 2017 which resulted in a whopping 300% ROI as at September 2023.


By illustration;

“The houses they got for N17M each as at 2017 at Mainland Park Regal through the NHF” now worth N50M at this same estate in a span of 6 years, think of the value appreciation and rental income this commands for you if you choose to rent these houses out?

Here’s what the beneficiaries are saying:

What People Say About Us

Client Testimonials

Let our works speak for us!

Handover ceremony of Three exquisite 3 Bedroom apartments offered to staffs of NAMA for N17M each in 2020 – Now values at 50M IN 2023.

A whooping 150% (ROI)!

For further inquiries

Contact us for information using any of the buttons below. We’re happy to help. Thanks for choosing us.  

#Step 6: Securing your dream home through Pentagon Real Estates

Be a part of this, let Pentagon real estates help you through the process of accessing your loans, provide an affordable luxury that’s befitting and hand you over the keys of your dream home:

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3 Mind-blowing reasons Why 4000+ clients chose New-Lagos at Mainland Park Estates

"3 Mind-blowing secrets why 4000+ clients chose New-Lagos at Mainland Park Estates

In pursuit of a better life, your choice of home plays a pivotal role. Imagine waking up to the warm embrace of nature, knowing that your family’s safety and happiness is paramount. This vision becomes a reality at Mainland Park Estates.

Last week’s blog gave a glimpse into the essence of New Lagos – Mainland Park Estates, but today’s blog unveils the four secret reasons why over 2,000 subscribers choose to experience New Lagos at Mainland Park Estates.

A Glimpse into the New-Lagos' Essence: Mainland Park Estates

Nestled in the heart of Mowe,Ogun State is Mainland Park Estates, popularly referred to as “The New-Lagos”. Here, serenity takes center stage, offering a respite from the hustle and bustle of city life. Each day begins with the symphony of nature, setting the tone for a life characterized by peace and balance.

Mainland Park Estates

Questions You Might Have

At Mainland Park Estates, we understand that your home is the foundation of your lifestyle. Our commitment to delivering excellence is reflected in every aspect, from our serene landscapes to our meticulously designed homes. With the assurance of a Certificate of Occupancy (C of O) and flexible payment plans, we empower you to make a choice that aligns with your family’s needs.

Security is a cornerstone of our community. We’ve gone the extra mile to integrate advanced security measures that provide you with peace of mind. Our gated entrances, combatant security guards, and 24/7 surveillance create an environment where you can focus on creating cherished memories with your loved ones.

Your family’s future is a narrative we deeply respect. By choosing Mainland Park Estates, you’re investing in more than just a property; you’re investing in the legacy of your family. The educational opportunities within Ogun State, coupled with the nurturing ambiance of Mainland Park Estates, contribute to a future filled with promise.

How can you turn this vision into reality?

Taking the first step towards elevating your lifestyle is effortless – Let our team to quickly reach out to you by:

Schedule A FREE Inspection

You’re only 4 steps away – Kindly fill the form below and our team will reach out to you in quickly.

Get In Touch

Contact us for information using the buttons below. We’re happy to help. Thanks for choosing us.  

In conclusion,

Mainland Park Estates isn’t just a residential option; it’s a lifestyle choice. It’s about stepping into a world where every detail is crafted to enhance your family’s experience. Serenity, security, and comfort become the cornerstones of your everyday life, fostering a sense of fulfillment and happiness.

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pentagon real estates secret

Automobile or Real Estate: Making the Right Investment Choice

Automobile or Real Estate: Making the Right Investment Choice

Are you in between investing in an automobile or real estate? It’s an important decision that can shape your financial future. In this blog post, we’ll explore the key differences between these two investment options and why real estate emerges as the superior choice. Whether you’re a first-time investor or looking to diversify your portfolio, this comparison will shed light on the benefits of real estate investment.

real estate

When it comes to property inspections, knowledge truly is power.When it comes to automobiles, it’s essential to recognize their limitations as investment assets. Unlike real estate, cars do not qualify for mortgage loans, making it an all-cash investment. Furthermore, automobiles depreciate over time, losing value as soon as they are driven off the lot. This depreciation can significantly impact your financial returns. Additionally, cars are considered short-term investments with limited potential for long-term gains. Moreover, the ongoing maintenance costs associated with owning a car can eat into your profits. Through a thorough inspection, you gain access to hidden details about the property’s condition, providing you with a comprehensive understanding of its strengths and weaknesses. Think of it as peering behind the curtains and gaining valuable insights that go beyond the surface level.

Now let’s turn our attention to real estate, a highly favorable investment option with distinct advantages. Unlike automobiles, real estate qualifies for mortgage loans, allowing you to leverage your investment and potentially amplify your returns. Moreover, real estate has a remarkable ability to appreciate over time, meaning your property’s value can increase significantly, providing substantial financial gains. Unlike cars, real estate is a lifetime investment that can be passed down through generations, creating a lasting legacy. Furthermore, owning real estate offers the potential for passive income, whether through rental properties or real estate investment trusts (REITs).

In conclusion,

In the battle between automobile and real estate investment, the latter emerges as the clear winner. With its mortgage eligibility, potential for appreciation, lifetime value, and passive income opportunities, real estate proves to be the superior choice. So, if you’re looking for a long-term investment strategy that can provide financial stability and growth, real estate should be your top pick.

Invest wisely, secure your financial future, and make real estate the cornerstone of your investment portfolio.

Frequently Asked Questions

Absolutely! Real estate is a prime asset for mortgage opportunities like NHF, allowing you to finance your investment and potentially benefit from favorable interest rates.

Real estate appreciates due to various factors such as market demand, improvements made to the property, and overall economic growth in the area.

Yes, real estate can be an excellent source of passive income. Rental properties and REITs offer opportunities for regular cash flow without active involvement.

Absolutely! At Pentagon Real Estates, We encourage clients to take advantage of our FREE property inspection. We know that being there allows you to ask questions, seek clarification on any concerns, and gain a firsthand understanding of the property’s condition. It’s an opportunity to learn more about your desired products and other varieties you might come across.

Whether you’re looking to build your dream home, develop a commercial project, or hold land as an investment with a clean Global Title C of O & Free from all known government encumbrances, Mainland Park Estates is the right location with a blend of all opportunities afore mentioned

Schedule A FREE Inspection

You’re only 4 steps away – Kindly fill the form below and our team will reach out to you in quickly.

Get In Touch

call us

01 462 6995 , +234 915 909 3040,
+234 915 909 3039, +234 915 909 3054

Email Us

info@pentagonrealestates.com
customercare@pentagonrealestates.com

Opening Hours

8:00 AM - 17:00 PM
Monday - Sunday

Visit Us

Suite E68, Ikota Shopping Complex, V.G.C

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land scam

How to avoid land scams: 4 Expert Tips & Strategies

Unveiling the Hidden Dangers: How to Spot and Avoid Land Scams in Nigeria

Table of Contents

Introduction

The prevalence of land scams and the complexities surrounding land ownership make it crucial to navigate the verification process diligently. This article provides a comprehensive guide on how to avoid land scams in Nigeria’s real estate market by unveiling the tried and tested methods to confirm the legal titles of the land potential investors and homebuyers (who wants to buy lands to build their homes) can safeguard their interests and avoid falling victim to land scams. 

The following sections outline the crucial steps to follow when confirming the legal title of a property in Nigeria.

1. Conducting a Search at the Land Registry

Nigeria has a rapidly growing population, which translates into increased housing demands and infrastructural needs. Urbanization is on the rise, and major cities like Lagos, Abuja, and Port Harcourt are experiencing a surge in population. This population growth drives the demand for residential, commercial, and industrial spaces, making land investment a promising avenue for capitalizing on these opportunities. Investing in lands now positions investors to benefit from future developments and increasing property values.

2. Survey Confirmation

The Nigerian government has implemented various initiatives and policies to encourage investment in the real estate sector. These policies include favorable land acquisition processes, streamlined regulations, and incentives for investors. Additionally, the government has shown commitment to improving infrastructure, which further enhances the value of land investments. Such proactive measures create a stable investment environment and provide investors with the necessary confidence to explore opportunities in the Nigerian real estate market.

3. Search the Corporate Affairs Commission (CAC)

Nigeria is blessed with abundant natural resources, including oil, gas, minerals, and arable land. This rich resource base offers immense potential for agricultural, mining, and industrial development. Investors in lands can leverage these resources to engage in sectors such as farming, mining, and manufacturing. Furthermore, Nigeria boasts diverse tourism attractions, including beautiful landscapes, wildlife reserves, and cultural heritage sites. Investing in lands with tourism potential allows investors to tap into the growing tourism industry, which contributes to the country’s economic growth.

4. Physical Inspection

Investments in infrastructure are vital for economic growth and property appreciation. Nigeria recognizes this importance and has embarked on significant infrastructure development projects. From road networks to power supply, the government is actively working to improve the country’s infrastructure. Investors in lands can benefit from these developments as improved infrastructure increases land accessibility, enhances property values, and attracts businesses and residents.

Types of Titles in Nigeria

Understanding the types of titles that exist in Nigeria is essential for investors and developers. The following are some common types of titles:

Conclusion

Confirming the legal title of a property in Nigeria’s real estate market is an essential step for developers and investors.

Whether you’re an investor seeking to make informed decisions, mitigate risks, and ensure the security and legality or someone looking to buy a land to build your dream home in a gated community in Nigeria, We are proud to present to you Mainland Park Estate – A prime project of Pentagon Real Estates offering a serene environment that guarantees peace of mind. This matured estate is

To learn more about Mainland Park Estates please contact us today via:

✅ 01-462 6995

✅ 0915 909 3050

✅ 0915 909 3054

Pentagon Real Estate Investment Limited
All Rights Reserved.

You should Get In Touch

land

7 Advantages of investing in land: Number 4 will blow your mind!

7 Advantages of Investing In Land: Number 4 Will blow your mind!

Table of Contents

1.0 Introduction

Investing in lands can be a lucrative venture with long-term benefits, and Nigeria offers a wealth of opportunities for those seeking to invest in real estate. This article will delve into the advantages of investing in lands in Nigeria, exploring the various factors that make it an attractive prospect for both local and international investors. From economic growth to favorable government policies, Nigeria presents a promising landscape for land investment. Let’s explore the key advantages in detail.

1. Population Growth and Urbanization

Nigeria has a rapidly growing population, which translates into increased housing demands and infrastructural needs. Urbanization is on the rise, and major cities like Lagos, Abuja, and Port Harcourt are experiencing a surge in population. This population growth drives the demand for residential, commercial, and industrial spaces, making land investment a promising avenue for capitalizing on these opportunities. Investing in lands now positions investors to benefit from future developments and increasing property values.

2. Government Initiatives and Policies

The Nigerian government has implemented various initiatives and policies to encourage investment in the real estate sector. These policies include favorable land acquisition processes, streamlined regulations, and incentives for investors. Additionally, the government has shown commitment to improving infrastructure, which further enhances the value of land investments. Such proactive measures create a stable investment environment and provide investors with the necessary confidence to explore opportunities in the Nigerian real estate market.

land
land

3. Natural Resources and Tourism Potential

Nigeria is blessed with abundant natural resources, including oil, gas, minerals, and arable land. This rich resource base offers immense potential for agricultural, mining, and industrial development. Investors in lands can leverage these resources to engage in sectors such as farming, mining, and manufacturing. Furthermore, Nigeria boasts diverse tourism attractions, including beautiful landscapes, wildlife reserves, and cultural heritage sites. Investing in lands with tourism potential allows investors to tap into the growing tourism industry, which contributes to the country’s economic growth.

4. Infrastructure Development

Investments in infrastructure are vital for economic growth and property appreciation. Nigeria recognizes this importance and has embarked on significant infrastructure development projects. From road networks to power supply, the government is actively working to improve the country’s infrastructure. Investors in lands can benefit from these developments as improved infrastructure increases land accessibility, enhances property values, and attracts businesses and residents.

land
land

5. Real Estate Market Potential

The Nigerian real estate market is dynamic and offers various investment opportunities. Whether it’s residential, commercial, or industrial properties, the market presents options for different investor preferences. From buying and selling developed properties to land banking and development projects, investors can diversify their portfolios and maximize returns. The increasing demand for housing, office spaces, and retail establishments creates a favorable climate for profitable real estate transactions.

6. Access to Finance and Mortgage Options

Access to finance is a crucial factor for real estate investment. In recent years, Nigeria has witnessed improvements in the availability of mortgage options and financing opportunities. Financial institutions now offer attractive mortgage packages, making it easier for individuals and businesses to invest in properties. These financing options enable investors to acquire land and develop it according to their plans, fostering growth and creating wealth.

land
land

7. Emerging Technology Hubs

Nigeria is experiencing a rapid growth in technology and innovation, particularly in cities like Lagos, Abuja, and Port Harcourt. These cities are transforming into vibrant technology hubs, attracting local and international tech companies, startups, and entrepreneurs. Investing in lands within these technology clusters offers the potential for high rental yields and property appreciation as demand for office spaces and commercial properties increases. Moreover, the presence of technology hubs fosters a supportive ecosystem, providing opportunities for collaborations, networking, and access to skilled talent in the tech industry.

Conclusion

Investing in lands in Nigeria presents numerous advantages and opportunities. With its robust economic growth, population expansion, favorable government policies, rich natural resources, improving infrastructure, and a thriving real estate market, Nigeria

We are proud to present to you Mainland Park Estate – A prime project of the global brand, Pentagon Real Estates offering a serene environment for ideal canvas for your investment or home ownership ambitions.

Whether you’re looking to build your dream home, develop a commercial project, or hold land as an investment, Mainland Park Estates is the right location with a blend of all opportunities afore mentioned

Contact us today to learn more about Mainland Park Estates and how we can assist you in making a smart investment:
today via:

✅ 01-462 6995

✅ 0915 909 3050

✅ 0915 909 3054

Pentagon Real Estate Investment Limited
All Rights Reserved.

You should Get In Touch