Loading...
Personalised signals to help you decide whether this home is right for you.
Per Month
9.75%
Interest Rate
Fully Completed (Not Furnished)
Finishing Level
₦550,000
Finishing Level Price
20% (₦110,000)
Minimum Initial Deposit
₦100,000,000
Max Loan Amount
20 years
Max Payment Period
One-Time Payment
Fully Completed (Furnished)
Finishing Level
One-Time Payment
Fully Completed (Not Furnished)
Finishing Level
Everything it takes to close on this house with the Fully Completed (Not Furnished) · MORFI Real Estate Investment Fund (MREIF) Plan. It covers who you pay, whether it is required, and what it adds up to. You can switch the purchase option to view the transaction costs on other options.
Estimated total closing costs for the Fully Completed (Not Furnished) · MORFI Real Estate Investment Fund (MREIF) Plan
₦148,560 - ₦209,880
27.0% - 38.2% of the ₦550,000 house price, on top of your initial deposit. Ranges show where a fee varies by bank, lawyer or seller.
Paid to Bank
₦126,560 - ₦187,880
7 fees · 23.0% - 34.2%
Paid to Brokerage
₦22,000
1 fee · 4.0%
Account Maintenance
RequiredAccount Maintenance of the account
₦50,000
Fixed
Advisory Fee
RequiredAdvisory Fee for which loan to take
₦2,200 - ₦4,400
0.5% - 1% of loan amount
Processing Fee
RequiredProcessing Fee for processing the house
₦22,000
4% of house price
Legal Search
RequiredLegal Search
₦2,200 - ₦60,000
Varies
Credit Search
RequiredCredit Search
₦1,760 - ₦3,080
0.4% - 0.7% of loan amount
Management Fee
RequiredManagement Fee
₦4,400
1% of loan amount
Land Registry Assessment and Registration
RequiredLand Registry Assessment And Registration
₦44,000
8% of house price
Subtotal — BankSubtotal, paid to bank₦126,560 - ₦187,880
Giddaa Professional Fee
RequiredGiddaa Professional Fee
₦22,000
4% of house price
Subtotal — BrokerageSubtotal, paid to brokerage₦22,000
₦148,560 - ₦209,880
Excludes your initial deposit of ₦110,000 and your monthly repayments.
27.0% - 38.2% of the house price
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
Below are the different levels of finishing this property can be bought at. The same level can be priced differently depending on how you pay, so pick a purchase option to compare like for like.
Below are the property documents associated with this property.
The land title document attached to this house is a Certificate Of Occupancy. It proves ownership of the land the property is built on.
The recorded price history for this property.
