When it comes to real estate investment in Nigeria—especially in Lagos—buyers are often faced with a crucial decision: Should you buy off-plan or go for a ready home? Both options have their distinct advantages, and the right choice depends on your goals, budget, and risk appetite.
In this post, we’ll explore the key differences between buying off-plan and ready homes, highlighting the pros and cons of each, and helping you make a well-informed investment decision. We’ll also spotlight an exciting off-plan opportunity currently available through Dozek Group: Hamlet Apartment.
What is an Off-Plan Property?
An off-plan property is a home or apartment that is sold before it’s fully constructed. Buyers purchase based on architectural designs, floor plans, and proposed features, often at a discounted price.
Pros of Buying Off-Plan:
Lower Entry Price: Off-plan properties are typically priced below market value.
Flexible Payment Plans: Spread payments over construction milestones.
Capital Appreciation: Value often increases significantly by the time construction is completed.
Customization Options: Buyers may influence finishes, fittings, or layout tweaks.
Cons of Buying Off-Plan:
Construction Delays: Delivery timelines may extend due to unforeseen issues.
Developer Risk: Success depends on the credibility and track record of the developer.
Uncertainty: The finished product may differ slightly from expectations.
What is a Ready Home?.
A ready home is a completed property that’s available for immediate occupancy or rental income.
Pros of Buying Ready Homes:
Immediate Possession: Move in or start earning rental income right away.
What You See is What You Get: Inspect and evaluate the property physically.
Lower Risk: Less reliance on promises or future projections.
Cons of Buying Ready Homes:
Higher Purchase Price: Typically more expensive than off-plan options.
Limited Customization: Layout and finishes are already finalized.
One-Time Payment: Often requires bulk payment or high mortgage commitment upfront .
So, Which is Better?
The best option depends on your investment goals:
If you’re looking for long-term value growth, flexible payment, and customization, buying off-plan may be the better fit..
If you want a turnkey solution, with immediate returns or personal use, a ready home is the way to go.
Introducing Hamlet Apartment – A Smart Off-Plan Investment
Dozek Group proudly presents Hamlet Apartment, a luxury off-plan development designed to deliver modern living in a prime Lagos location. With flexible payment options, high ROI potential, and top-tier construction, Hamlet Apartment is perfect for investors and homeowners seeking future-ready value.
Interested in buying into Hamlet Apartment before prices go up?
Contact Dozek Group today to secure your investment at the best possible rate.
Let’s help you make the smarter choice—whether it’s off-plan or ready.
