Shelter or housing is one of the basic needs of man. A report says over 70 million Nigerians are in the category of low income earners. With this type of earning power, many Nigerians might find difficult to have houses of their own.
Finding decent and affordable houses to buy often time is a herculean task. This is because some houses can be affordable but not decent, while some are decent but highly expensive -far beyond the reach of many Nigerians.
But a solution appears to have emerged as a number of houses are currently available for sale at affordable prices.
The houses also come with flexible payment plans and are located in Nasarawa, Ogun, Delta, Kano and Kaduna states.
One can find houses good enough to buy at Fuller Estate in Masaka, a town in the state. The estate`s location in Masaka comes with an advantage of proximity to the Federal Capital Territory as it shares boundary with the nation’s capital.
A 1-Bedroom Terrace Bungalow is available for #2.99m while a 2-Bedroom Terrace Bungalow goes for #3.99m.
If you want low and decent houses to buy in Ogun state, a place to visit is New Makun City, which is KM 53/55 on the Lagos Ibadan Expressway just after the Redemption Camp.
New Makun City is a serene estate close to Lagos, making it commercial viable.
A 1 Bedroom Flat goes for #6.25m, Studio Flat for #3m, 2-Bedroom Flat for #8.95m while a 3-Bedroom Bungalow is #11.5m.
A well built low- cost estate can be found at the New Millennium City, Chikun, Kaduna state. Here A 1-Bedroom Terrace Bungalow costs #4.07m, 2-Bedroom Terrace Bungalow #6.1m, 2-Bedroom Bungalow(luxury) #6.6m, 3-Bedroom Semi-Detached Bungalow #14.8m and a 3-Bedroom Terrace Duplex #16.5m.
In the ancient city of Kano, potential buyers looking for beautiful and affordable houses can go to Country Wide estate in Darmanawa, close to Aminu Kano Teaching Hospital. The estate has available 3-bedroom bungalow which goes for a flat rate of #15m.
Locke Homes Estate situated along Asaba-Onitsha expressway is a good choice for seekers of decent homes at affordable prices. Here, 1-Bedroom Terrace Bungalow is sold for #4m, 2-Bedroom Semi-Detached Bungalow for #7.5m and a 3-Bedroom Semi-Detached Bungalow for #10.75m.
For more enquiries and details of how to buy these houses, you can call 08162423553 or 08132414810.
The available payment options include an outright payment, funding by a mortgage bank or an instalment payment of 18 months. However, the initial deposit of the instalment payment is 30% of the total sum.
Some of these projects are developed by Family Homes Funds (FHF). FHF is sub-Sahara Africa’s largest housing fund focused on affordable homes for Nigerians on low income. It is a social housing initiative promoted by the Federal Government of Nigeria as part of its Social Intervention Programme with initial shareholding by the Federal Ministry of Finance and the Nigeria Sovereign Investment Authority.
Over the next 4years, the company aims to invest up to N1.3trn (US$3bn) in the development of 500,000 homes for people on low income. In the process, the Company also aims to create up to 1,500,000 jobs and enable homeownership through its creative products.