Purchase option for 2 bedroom in Jahi 2 Bedroom Flat in Gwarinpa, 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
₦155,000 - ₦282,000
28.2% - 51.3% of the ₦550,000 house price, on top of your initial deposit. Ranges show where a fee varies by bank, lawyer or seller.
Required fees only: ₦55,000 - ₦132,000 · Optional fees add ₦100,000 - ₦150,000
Paid to Developer
₦27,500 - ₦66,000
1 fee · 5.0% - 12.0%
Paid to Brokerage
₦127,500 - ₦216,000
2 fees · 23.2% - 39.3%
Legal Fee
RequiredLegal fee is paid to the legal department
₦27,500 - ₦66,000
5% - 12% of house price
Subtotal — SellerSubtotal, paid to developer/seller₦27,500 - ₦66,000
Brokerage Fee
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₦100,000 - ₦150,000
Fixed
Legal Fee
RequiredLegal fee is paid to the legal department
₦27,500 - ₦66,000
5% - 12% of house price
Subtotal — BrokerageSubtotal, paid to brokerage₦127,500 - ₦216,000
₦155,000 - ₦282,000
Excludes your initial deposit of ₦550,000 and your monthly repayments.
28.2% - 51.3% of the house price
Total cost to buy this home with the Outright Purchase (price + closing costs): ₦705,000 - ₦832,000
These are the different levels of finishing which the 2 bedroom in Jahi 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.