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Nigeria's first online real estate market makes a debut

Posted by By Akinpelu Dada on 2008/12/14 | Views: 632 |

Nigeria's first online real estate market makes a debut


An Ireland-based Nigerian investment consultant, Mr. Victor Lamai, has introduced the nation's first online real estate market in Lagos.

An Ireland-based Nigerian investment consultant, Mr. Victor Lamai, has introduced the nation's first online real estate market in Lagos.

According to him, the website, www.nethomesng.com, will make it possible for intending investors to view three dimensional pictures of various properties available for sale in cities such as Lagos, Dubai and London, and make a choice without having to leave the comfort of their homes.

Lamai said that part of the goals of the online real estate market was to provide a portal on the web for stakeholders in Nigeria to carry out transactions in real estate across the world.

Apart from this, he said that the website would also serve as a platform for the purpose of showcasing the quality of Nigerian architecture and the potential of the local real estate industry to the rest of the world.

nethomesng, he added, was inspired by the Google and Yahoo experience and would work in partnership with leading property companies in the United Kingdom, Middle East, Republic of Ireland and the rest of the European Union.

It will also showcases Nigerian properties, commercial buildings for sale or rent, virgin lands as well as hotels and allied services of the building industry.

The online real estate market, Lamai pointed out, was targeted at potential investors in real estate resident in Nigeria and overseas, especially Nigerians in the Diaspora, who might wish to acquire properties in the country without having to depend on intermediaries.

Lamai said, 'Our target is the young upwardly mobile people, who in the main are computer literate business decision makers. Research has shown that those who use computers for private and business purposes are the ones driving the economy and having the most purchasing power all over the world. They are the buyers of new and commercial properties.'

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