Your dream can come to past as a house owner in Nigeria, no doubt! But before you own a property you will most likely spend a few years or more renting a house or two that suits you and match your taste. However it is no news that some house owners still prefer to remain in rented apartment for numerous reasons such as the cost of maintenance, the flexibility and location.
Whatever the reason might be, if you are one of those still contemplating if you should own a rented apartment despite the fact that you have a home, below are the reasons why you should rent a home today.
It’s flexible
Considering the Nigerian economy – renting an apartment is the most flexible way to survive in this country. You don’t have to worry about the stress, cost and the process involved in the purchase of a new house.
You have the option and liberty to relocate when the need arise – you are not bound by anything or bothered with maintenance (in a case where you are a home owner). If your job involves a lot of travelling, we advise you put any permanent purchase on hold pending the time you will be ready for such commitment.
It’s affordable
Buying a house or a landed property for the development of your home is a tough nut to crack. Before you can achieve this you have to put into consideration your income, your savings and expenditure – it’s a cumbersome process. However, renting an apartment is much more affordable. You can rent an apartment with a budget.
No maintenance cost
Some prospective homeowners are not aware of the cost implication attached to acquire a house, talk less of the cost involved in maintaining such property. The property owner is responsible for everything that has to do with renovation, repair and general maintenance. Whereas if you were renting an apartment all these cost will be the landlords responsibility.
