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C.N. OLIKA & CO was incorporated in Nigeria on the 17th of May 2007 with Registration PH/103558 and since then has been focused on providing Real Estate Providers and EndUsers with required consultancy services to facilitate smooth business transactions between both parties. Leveraging on our unique consultancy approach comprising automated and non-automated research, marketing & sales, project management, and property management infrastructure, we have been able to help our clients generate required project financing, adequately mitigate the risks associated with asset damage and/or loss, enjoy desired returns on investments in real estate, preserve the value of their assets, as well as expeditiously securing needed commercial and residential real estate.
According to Winston Churchill, “no matter how beautiful the strategy is, you should occasionally look at the results!” At C.N. OLIKA we are result oriented and hence our corporate strategy comprises;
We are in existence solely to streamline and simplify the process of real estate acquisition, development, and management for our esteemed customers
We facilitate the acquisition of required real estate for end-users while maintaining venture commercial viability for the asset providers.
To be the world’s leading Real Estate firm.
Our goals are outlined below;
Gain market dominance.
Year on year sales and closings.
International media visibility.
Cultivating and expansion of an established customer base.
Becoming one of the leading Realtors globally.
Continued financial growth and business expansion
We will operate our business within four guiding principles namely;
We facilitate transaction consummation as well as champion long-term relationship management between property leasers and lessees as well as property sellers and buyers. We help our clients with the control and supervision of completed developments to maximize the property investor’s return from the investment as well as ensuring the proper upkeep and maintenance of the property.
We assist our clients with the determination of asset value. Such assets include land and buildings, plants and machinery, motor vehicles, housing and office furniture, fittings, equipment, and intangibles. Accessing this service equips our clients with the increased ability to source external financing for their projects and also to hedge against asset loss via appropriate insurance coverage.
We provide end-to-end project management services (from conceptualization to close-out) for real estate developers. Our clients enjoy advanced project visibility from our services and hence can proactively manage the outcomes of their property development projects.
We provide specialized advice on the condition, maintenance, and repair of properties for industrial, commercial, and residential users. We also provide supervision and advice for new construction work on the conversion, improvement, maintenance, and repair of existing buildings as well as dealing with dilapidation’s, as well as provide arbitration in disputes covering building matters.
Our experience in property development has equipped us with a powerful knowledge base as regards existing real estate industry structure, key players, and market dynamics. We help our clients determine the most attractive real estate market segments and how to profitably serve these segments in their desired investment locations.
We provide our clients with real estate investment advisory as to how best to develop a land bank for maximum returns on their investment.
When it comes to real estate investing, the reality is no one has a crystal ball. We only know what the right time was to buy or sell by looking at history, hindsight being 20/20. The answer to this question is “Yes” all you must do is find a house or property you love that makes sense, that you would own for a long time, it’s in a good location and in a decent shape, lock in a long-term mortgage and sleep well.
The best answer is “as many as it takes to find a home that works for you”. Purchasing a home will most likely be the single largest investment you will make, so it is important to make sure you find a home that meets your current and future needs. It’s best not to look at just one home, but also not to look at more than 6 or 7 in one day. It’s common to confuse the features if you view too many in one day. Bring a notepad and pen and take notes on your likes and dislikes of each home.
An acre of land is an area of land equal to 4046.86 square meter. It is often compared to the size of a football field (without the end zones).
In Nigeria, there is a huge demand for affordable housing opportunities. In defiance of global economic changes or meltdown, the property market in cities like Lagos, Abuja, Port Harcourt continually witnesses a sharp increase in prices.
Selling your house is a big task and your house is likely your biggest asset. The key steps to selling your house are first you assess the condition of your house, secondly, you get a price for it, thirdly, you list it and market it, fourthly, you negotiate and accept an offer, Lastly, you prepare paper work and close the transaction.
An accurate appraisal of a home’s worth can make or save you tens of thousands of Naira on a prospective deal. Determining how much a house is worth begins with an assessment of the prevailing domestic economy as it relates to local real estate prices. You must learn to monitor the price action of the comparable real estate, or comps, which are groups of homes in your neighbourhood with similar qualities.
Recently sold properties that are similar in size, location, and amenities to the home for sale are considered “comps”. You may hear this word when an appraiser or Realtor is helping to determine the fair market value of a property.
An appraisal is an estimate of the value of a piece of property by a licensed, trained, and experienced individual called an appraiser. They are usually required by a lender to determine how much the property is worth in ascertaining how much they will loan on the property.
