Housing ForumsForumsBuying & Selling PropertyNew Developments & EstatesWhat to Look for Before Buying into a New Estate Development in NigeriaReply To: What to Look for Before Buying into a New Estate Development in Nigeria
May 5, 2026 at 11:47 am
#14141
Salam Participant
The service charge issue is something developers deliberately leave buried in the fine print. You buy a unit for ₦25 million and then discover you owe ₦400,000 every year in estate charges before you even move in. Always ask for the full cost of ownership, not just the purchase price.