For a prospective tenant, getting a decent accommodation in Lagos on a low/reasonable budget could be as Herculean a task as scaling a pregnant cow over a 12-feet fence.
The challenges faced by prospective tenants often range from shylock landlords to fraudulent real estate agents, and even to the most daunting task of finding that suitable apartment in the desired location at pocket friendly rent.
Propertysearch.com.ng went into town to investigate where and how with a budget of three hundred and fifty thousand naira per annum, prospective tenants can get 2/3-bedroom apartments in Lagos.
Location in Lagos
Various factors influence the decisions of prospective tenants in this regard. Rent is undeniably a major consideration in this instance. Other factors could vary from proximity to place of work, business, environment, school, place of worship etc.
To be candid, the Lagos Island and by extension, Ikoyi, Victoria Island and the Lekki-Ajah axis of the Island, are no go areas with that budget. Likewise, Gbagada, Yaba, Anthony, Ikeja, Ajao Estate, Ogba, Magodo and Maryland on the mainland too.
However, one may be lucky with some parts of Surulere; Eric Moore, Aguda, and Ijesha. Prospective tenants should nonetheless, be warned that a lot of renovations may be required.
However, it is almost certain that with a budget of 350k, one could get a 2/3-bedroom flat to rent in places like Abule-Egba, Okota, some parts of Festac/Satelite Town, New Oko-Oba, Egbeda/Akowonjo axis, Gowon/Gemade estates, Iyana-Iba, Iyana-Ipaja and Ikotun/Ejigbo axis of Lagos.
Sourcing for apartments to rent in Lagos
The stress associated with sourcing for an apartment to rent can be eliminated if a prospective tenant knows just the right place to go and questions to ask.
The first step in renting an apartment is contacting a credible real estate agent. Getting reputable real estate agents could be a bit challenging considering how the business is saturated with scam artists posing as agents. However, a Google search or peep into real estate print magazines can set the tenant in the right direction.
Most reputable real estate companies have a verifiable physical and Internet address where they can be easily contacted. They help look for the property and network with other real estate agents to find the prospective tenant’s desire with less hassle and at the best possible time. Though a reasonable fee is usually attached to their services, they take the worries off you as they help the tenant navigate through the slippery terrains of renting an apartment.
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