The practice of rental arbitrage, otherwise known as Short-let Rentals involves renting and subletting apartment units on a daily or short term basis. Commonly referred to as short lets, this type of residential real estate investment has garnered unprecedented attention in terms of growth. Apartments offerings include a variety of options, ranging from self contained...
According to the CBN’s financial system’s strategy (2020), mortgage finance requirement for the country is conservatively placed at between 15-20 trillion naira, also house stock is estimated at 10.7 million, out of which only about 5% is financed via a formal mortgage system. Home ownership in Nigeria is put at 10% compared to 72%(US), 72.5%(Malaysia),...
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