Lagos Enforcement: Land Use Act
Discover what the new reforms mean for your property ownership in Lagos Nigeria Today!
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+234 (1) 4538855,Watergate Properties Limited is an established corporation dedicated to the provision of premium quality Real Estate Services alongside its essential components of property development, projet management and general property consultancy.
Since our inception in 1998, we have continued to identify the most scalable and profitable opportunities in Domestic and Commercial Real Estate accros Africa. We cover major cities in Nigeria (including Lagos, Abuja, Awka, Enugu etc).
Our Strategy
In pursuit of excellence, we have blended our years of experience with a diversified portfolio that guarantees value
In buying or selling any property of your interest, our experience over the years can serve consultative value to prospective clients, partners and stakeholders on-demand. The insight we provide simplifies complexities in the value-chain.
Read MoreRealizing the ends of a real estate project from its conception to blueprints, evaluations and material selection, we work to realise the desired scope, budget and quality requirements.
Read MoreHarnessing man-machine and all resource requirements, we translate vast lands into facilities of state-of-the-heart functionalities. Customizing all outputs to the preset interest of our clients and investors.
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Projects Developed
Consultations
Deals Closed
The time value of peroperties can save you money, as well as make you more money; Invest in our featured properties NOW!
From the time-value of definition, we have acquired, sold and developed various land resource into viable property assets, see our project timeline.
The beginning of value creation. The official incorporation of Watergate Properties Limited.
Identifying property potentials, we acquired lands in the choicest locations of Victoria Garden City (VGC), Chevron Drive, Victoria Island, Lagos.
The appropriation of resources to develop Commercial Properties in the world's fastest growing Peninsula- Lekki Peninsula, Free-Trade Zone, Lagos
Adding value to the worth of landed properties in VGC, Lekki, we started the development of basic infrastructure that guarantees happy livelihood for affordable investments.
Luxury punctuated living estates have become the optimally viable investment opportunies for which we offer much value additions to your existing worth. Ask how you can levearage!
Everyone knows Real Estate is about Landed properties and building acquisition as well as the associated development thereof, yet certain knowledge gaps exist.
Decide your objectives; whether its buy to live, buy to rent/lease or buy to resell. Decide your budget range. Decide your preferred location and neighborhood. Know the market; make sure you do your research and due diligence and also compare prices of similar properties. It is important that you calculate your profit margins and Return on Investment (ROI) before purchasing a commercial property. Be realistic in your expectations. Know how you plan to finance the purchase; either loan/mortgage or personal savings. And most importantly check for and know the TITLE on the property.
Excision is a document by which the government releases a portion/parcel of an expanse of land that is not committed to government use while on the other hand a governors consent is required when a parcel of land is being sold to another (subsequent buyer) by the original owner who possesses the C of O to ensure legality of the transaction. A Governors consent is a stronger title and thus increases the market value of the land.
Letters of Administration are granted by a Surrogate Court or probate registry to appoint appropriate people to deal with a deceased person's estate (where property will pass under Intestacy Rules or where there are no executors living) having been validly appointed under the deceased's will. This helps to avoid dispute as to the new ownership.
As a new land/ property owner you will need the following documents to lay claim to it; Certificate of Occupancy otherwise known as C of O, Right of Occupancy- R of O, Deed of Assignment, Survey Plan etc.
Residential real estate is any property used for residential purposes. It is an area developed for people to live on while on the other hand Commercial property includes office buildings, medical centers, hotels, malls, retail stores, multifamily housing buildings, farm land, warehouses, and garages etc. Whichever type of real estate you choose to purchase is solely dependent on the objectives you hope to achieve.
We recommend that you pay for a valuation from professional estate surveyors and valuers. Many firms and agencies render this service on a professional scale. Individuals also do this, unlike many other professions, the body of estate valuers in Nigeria is very well regulated and you can trust most certified providers around.
Take our words for it, our clients are saying great things about us.
Seeking a seasoned developer one can trust is a perpetual concern when you are not in the country, but Watergate Properties takes all of those worries away!
Leveraging on my personal relationship with the principals of this firm, I dared, nurturing fears of disappointment, they surpassed my expectations, over delivered and changed my perspective!
I wasn't really interested in making a purchase at the time, when the call came, I felt it was burdensome. Trust me, this singular property I purchased trumps all of my past acquisitions in value.
I only shared my ideas with Ken, told him my budget! All he did was make magic happen, invested on my behalf and still saved my share of property I paid for. The initiative blew me away!
Get up-to-date information in domestic and commercial real estate space accross Nigeria, Africa and the World.
Discover what the new reforms mean for your property ownership in Lagos Nigeria Today!
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