Purchase option for 2 bedroom apartment in Apo, Abuja 3 Bedroom Duplex in Apo Extension, Abuja
Important details about the Outright Purchase
Everything it takes to close on this house with the Outright Purchase. It covers who you pay, whether it is required, and what it adds up to.
Estimated total closing costs for the Fully Completed (Furnished) · Outright Purchase
₦8,050,000 - ₦14,200,000
16.1% - 28.4% of the ₦50,000,000 house price, on top of your initial deposit. Ranges show where a fee varies by bank, lawyer or seller.
Required fees only: ₦5,000,000 - ₦7,500,000 · Optional fees add ₦3,050,000 - ₦6,700,000
Paid to Developer
₦2,500,000 - ₦5,000,000
1 fee · 5.0% - 10.0%
Paid to Brokerage
₦5,550,000 - ₦9,200,000
4 fees · 11.1% - 18.4%
Infrastructure & Documentation Fee
RequiredThe Infrastructure & Documentation Fee is a one-off charge the developer collects for two things: building the estate’s shared facilities, and preparing the legal paperwork that transfers the property to you. It is separate from the property price and is paid to the developer, not to Giddaa.
₦2,500,000 - ₦5,000,000
5% - 10% of house price
Subtotal — SellerSubtotal, paid to developer/seller₦2,500,000 - ₦5,000,000
Agbero Fee
OptionalWe just dey whine una
₦500,000 - ₦1,500,000
Fixed
Due Diligence
OptionalDue Diligence is the set of checks carried out on a property before you pay for it. Their purpose is to confirm that the property exists and that the seller has the right to sell it. They also confirm the title is genuine and free of claims, and that the property doesn’t sit on government-acquired land or anywhere else it can’t legally be sold.
₦50,000 - ₦200,000
Fixed
Giddaa Brokerage Fee
RequiredThe Giddaa Brokerage Fee is a 4% fee paid by the customer for Giddaa’s end-to-end support in finding, verifying, financing and securing a property. It covers the work of your dedicated SupaAgent, property and title verification, purchase-option guidance, mortgage or payment-plan processing, and coordination with the developer or seller until the deal is sealed.
₦2,500,000
5% of house price
Title Perfection
OptionalTitle Perfection is the legal process that makes your ownership of the property official and recognised by the state government. Buying a property gives you a Deed of Assignment, but that deed only becomes fully effective once the government consents to the transfer and records it. Until that happens, the land registry still shows the previous owner or the developer
₦2,500,000 - ₦5,000,000
5% - 10% of house price
Subtotal — BrokerageSubtotal, paid to brokerage₦5,550,000 - ₦9,200,000
₦8,050,000 - ₦14,200,000
Excludes your initial deposit of ₦50,000,000 and your monthly repayments.
16.1% - 28.4% of the house price
Total cost to buy this home with the Outright Purchase (price + closing costs): ₦58,050,000 - ₦64,200,000
These are the different levels of finishing which the 2 bedroom apartment in Apo, Abuja can be purchased using the Outright Purchase and the various prices on each finishing level.
How the Outright Purchase works on Giddaa
Step 1
Choose a house available on the Giddaa platform for outright purchase, inspect it, and if you’re satisfied, you will be given an offer letter.
Performed by You with support from Giddaa
Step 2
Review the offer letter, conduct due diligence if you choose, Giddaa can guide you, then get ready to finalize your purchase.
Performed by You with support from Giddaa
Step 3
Review and sign the sales agreement, then make your full payment through the Giddaa platform, where you get your payment receipt, and history for record-keeping.
Performed by You with support from Giddaa
Step 4
Once payment is confirmed and the house is fully built, you receive your keys and move into your home.
Performed by You
The documents you need to submit when applying for Outright Purchase
This plan does not require any documents.