How To Buy A House In Lagos And Pay Later With Instalments

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Trying to save up to buy your dream house or land can look like a long process, especially in places like Lagos where many Nigerians think that only wealthy people can own a house or buy land. This is not true, you don’t need to have all the money in this world before you can become a property owner in Lagos. As a matter of fact, a lot of people that that own a house or land in Lagos are average income earners.

So instead of asking the question “can I afford to buy this house or land? Why don’t you ask “how can I buy it?” and the answer to that question to buy a property in Lagos with a payment plan.

You might not have heard about the term property payment plan before, but that is not a problem because that’s what this article is all about. By the time you are done reading, you will know how you can buy houses or land in Lagos conveniently without having to bother about one-time payments.

Table of contents

 

What is a property payment plan?

woman buy house in lagos with payment plan

Simply put, it is a method of payment plan introduced by property developers with the aim of allowing people to buy properties such as lands and houses with the option to pay in instalments, which could be monthly or quarterly or any other period as agreed upon by the parties involved.

What are the benefits of a property payment plan?

You can buy your desire land and houses in Lagos without having to take a loan or starve yourself. This is the reason for a property payment plan. Now, let’s look at some of the benefits that come with it.

  1. You save money in case of a price increase
    Say, for instance, a property in Epe or Ibeju Lekki is listed for 1.2 million Naira, in the next one year, the price could have appreciated to about 1.8 million naira, but if you should agree to a monthly payment plan of 120,000, at the end of one year, you would have paid the money and still save yourself 600,000 Naira.
  2. Convenient Flexible payments
    One of the major concerns you might have when you want to buy property is the high price tag for which the properties are being sold. You might be thinking no way I can get the money to pay that, that’s will take away all my savings, etc. But with a payment plan for the property, you can easily pay off the cost.
  3. Manage your spending budget
    Your regular expenditures do not need to suffer because you want to buy a property. Choosing a payment plan when buying a property will ensure that you can still manage to buy other things you would want to without undergoing financial setbacks.

Where can you buy a property in Lagos with a payment plan?

 Sammoc properties have made it easier for you to buy lands and houses in Lagos and in areas like Epe, Lekki, Abijo, Ajah, Sangotedo, and Ibeju Lekki with the option to pay in instalments.

With over four years of experience and more than 50 satisfied clients, Sammoc properties remain your best option when it comes to getting houses and landed properties in Lagos with payment plans.

 If you are looking for lands or houses for sale in Lagos with a proper payment plan, then check our listing here.

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