I can't imagine how the cost of accommodation in Lagos has become such a luxury, that real estate agents no longer find it ridiculous to advertise scandalous amounts for their properties.
Due to the fact that I am tired of paying a lumptious sum annually, as well as the fact that my landlord keep increasing his house rent (2007 = 420.000 naira, 2008 = 550.000 naira)160 naira = 1 euro), I decided to see if I can find a cheaper but safe residential area.
I was searching on the internet for flats for rent in the Lekki area of Lagos and just imagine what I fell on. Prices you will never pay in developed countries, where you are sure of constant power supply, where you are sure that when you turn on the water tap, there is clean and steady water.
The most annoying part of all this hilarious prices put up in the real estate market of Lagos is that, these acclaimed high standard residential areas are often flooded during raining seasons. To go by your daily activities (that is if you are not forced to stay indoors), you need heavy industrial rain boots. You are always afraid and pray for the raining season never to come for fear of having your car parked, and if you have the guts to go into these rivers called streets, be ready to visit or have your car impounded at the mechanic workshop immediately after the raining season. For this reason, most people resolve in buying 4 wheel drives.
I used to believe that the high price of accomodation is only on the Island. Only to realize that the same price of accomodation implies in all parts of Lagos, even in areas where you would not spend a night, not even for a dime.
I don't understand if every one in Nigeria have become trillonaires overnight. These estate agents announce prices like it is a chicken change. They talk in millions of naira like it is easy to come by. They almost no longer talk in local currency, but give their prices in dollars and in pounds.
All properties are paid two years up front, plus 10% agency and agreement fee.
I find this unconsiderat, considering the standard of leaving and the rate of joblessness. No wonder many young men and women tend to end up their lives leaving at their parents, even with their new family (wife and kids).
With the look of things, they are simply out of touch because this is being unrealistic for a common man.
What makes me sad is that the government is reluctant about all this. They fail to understand that with the level of inequality in the country, people will have no choice but to opte for the easy way out. Thereby, the result of high rate of criminality and prostitution.
In the Nigerian society today, you have to be rich to "belong". Even people who try to make ends meet in a more proper way are seen ridiculed. What a way to go.
An insight to what an average man in Lagos have to go through when thinking of accomodation........
Apartment For Rent Lagos Nigeria :
- Flats For Rent LagosApartment for rent Lagos Nigeria. Please go through our list of flats for rent Lagos Nigeria. We are a reliable real estate agent known for its emphasis on customer satisfaction. Walk your way through the list and make your pick. Then contact us for a tour of the apartment.
List of Apartment For Rent
4. Block of 4 flats apartment for rent each of them 3 bedroom each Ikoyi (New house) Rent Price: =N=5 million per flat Code: ola.md.18
15. 5 bedroom massive detached house + BQ for let at A.A. street Victoria island Lagos Nigeria. The property is on large ground and suitable for banks.
Rent Price: =N=12 million per annum Code: ola.md.18
24. 5 bedroom detached house on Allen Avenue (for commercial purposes)
Price: =N=4 million per annum
25. 2 wing of duplex along Opebi road (for commercial purposes)
Price: =N=6.5 million per annum ~ ~ ~ ~ ~
36. 5 bedroom detached house with BQ at park view
Price:=N=6 million x 2yrs. confi.rep.19
44. 5 bedroom detached house in F. O. rd old ikoyi lagos.
Price:$60,000 p.a Code: sweet.rep.9
46. Detached 6 bedroom house on A. way lekki phase 1
Price: =N=5 million x 5yrs. Code: sweet.rep.9
47. 7 nos 4 bedroom town house apartment for rent Victoria Island lagos.
Price: $45,000 p.a each Code: sweet.rep.9
48. Luxury 4 nos 3 bedroom flat apartment for rent with Swimming pool and BQ lekki phase 1 Price:$25,000 per flat for lease only Code: sweet.rep.9
58. Detached house (good for show room) at Awolowo road.
Price:=N=6 million x 3yrs. code: ball.rep.13
5 bedroom luxury detached house with split units,j accuzzi in all rooms, cctv, pabx, private study,marble finishing and 3 sitting rooms with 3 rooms guest chalet and 2 rooms BQ plus olympic size swimming pool on 1 acre of land at ikeja GRA
Price:$75,000 p.a
105. Office space for bank use at Ilupeju
Price:=N=2.5 million p.a x 5yrs. olass.rep.22
