What are the things to consider when renting a property in Nigeria? why should you consider them and why are they important?
When renting a property you can just ignore the importance these things because they altogether guanratee your success in renting a property in nigeria.
Below are 6 points that I have identified that I feel you need to carefully consider in the process of renting a home:
What Are The 6 things To Consider When Renting A Property In Nigeria
Make sure you create enough time in exploring the entire local area you have in mind when looking to rent a property. As a matter of fact, one of the benefits of renting is the ability to move on once the period of tenancy is complete.
It is not a bad idea to consider the long-term benefits of the potential area before making up your mind. The most effective way to get an appreciation of a specific area is to go there in person and walk around on foot. Also, schools and local conveniences need to be taken into consideration.
To help you with a better appreciation of the rental market, it is important to visit different types of property services. In addition to the major estate agents, you can also get in contact with private landlords and property management agencies.
Also important to finding the right property that suits or fits your budget checking classified ads online and print publications.
This is one area a lot of people make a lot of mistakes. Before moving into the newly rented flat or house, make sure to conduct a full visual inspection of the property.
Your inventory should include the walls, electrical installations, doors, windows, or anything else that could be worn or damaged over time. If problems are noticed, make sure to let the landlord or agent know. This should help to avoid issues with claiming the deposit back when moving on.
Creating enough time to view the properties will go a long way in helping you achieving your goal. The process of looking around a property is often quite rushed, but if you are able to find somewhere that looks promising be sure to give it a careful inspection.
Is it fitted out with a reliable fridge/freezer, dishwasher, washing machine, and central heating? You should never ignore any issue that raises doubts or concerns in your mind. The bathroom or shower room for instance, should be in perfect condition.
Also, check the condition of the windows, as well as other fixtures and fittings. Perhaps, having a prepared checklist ready for those times you are inspecting a property you like will help you a lot.
Before using a particular agent or management service, make sure to ask about fees that may be applicable in the rental process, including those related to credit checks and references.
Also, find out the amount of deposit that needs to be paid when first moving in. Are there hidden charges? What charges or fees are you expected to pay as a tenant?
We often do not have the power to choose our neighbours, but we do have the power to decide if we want to live in an environment where the lifestyle of some tenants may not be suitable to the way we live.
These 6 things to consider when renting a property in Nigeria will put you on the right track to success on your real estate journey.
CEO of Home Finders, Seasoned Entrepreneur & Writer. Kola Adisa is a specialist private property finder with staggering experience in the real estate and relocation’s industry in Nigeria. He is helping hundreds of families with specific needs find the properties they want in the shortest possible time. Kola also runs Iyanda’s Diary