When it comes to property investment in Nigeria, one question continues to come up — should you buy an off-plan property or go for a completed one?
As the real estate market becomes more competitive in 2025, smart investors and homebuyers must understand the pros, cons, and opportunities that both options present.
At Favourmiz Realty Ltd, we’ve guided hundreds of clients through this decision — and here’s what you need to know.
🏠 What Is an Off-Plan Property?
An off-plan property refers to a building that is still under construction or being sold before it’s completed. Buyers purchase based on architectural plans, layouts, and 3D renders — often at lower prices than finished homes.
✅ Benefits of Buying Off-Plan:
- Lower Entry Cost: Prices are usually cheaper during the construction phase, allowing you to lock in early gains.
- High ROI Potential: As development progresses, the value of your property appreciates.
- Flexible Payment Plans: Developers often offer installment options spread across several months or years.
- Customization: You can choose finishes, layouts, or fittings that suit your taste.
⚠️ Risks to Watch Out For:
- Project Delays: Construction timelines may extend.
- Developer Reliability: Ensure you’re buying from a trusted company with a proven track record (like Favourmiz Realty).
- Market Changes: Delays or inflation can affect resale timing.
🏡 What About Completed Properties?
A completed property is a finished building that’s ready for inspection, occupation, or rental immediately.
✅ Advantages:
- Instant Ownership: You can inspect and move in immediately.
- What You See Is What You Get: There’s no guesswork or waiting period.
- Easier Financing: Banks and mortgage lenders prefer funding completed homes.
- Immediate Rental Income: Ideal for investors looking for cash flow.
⚠️ Limitations:
- Higher Purchase Price: You pay more compared to early off-plan buyers.
- Less Customization: You may need extra funds to renovate or redesign.
- Limited Availability: The best units or locations are often sold early.
💡 Which Is Better in 2025?
The best option depends on your investment goal and financial plan.
| Buyer Type | Recommended Option | Why |
|---|---|---|
| First-time buyer | Completed property | Ready to move in, fewer risks |
| Investor (long-term) | Off-plan property | Lower entry price, higher ROI |
| Developer/Business owner | Off-plan property | Opportunity to buy in bulk and resell |
| Relocation buyer | Completed property | Immediate comfort and stability |
📈 The 2025 Real Estate Trend
In 2025, more Nigerians are choosing off-plan properties in secure, gated estates — because it offers both affordability and appreciation potential.
However, due diligence is key — verify the developer, land title, and project timeline before making any payment.
That’s why Favourmiz Realty only partners with trusted developers and ensures all projects we market are legally verified and investment-safe.
Whether you’re buying off-plan or completed, the most important step is working with a trusted real estate partner who prioritizes transparency and documentation.
At Favourmiz Realty Ltd, we help you:
✅ Verify the property title
✅ Inspect construction progress
✅ Secure your investment legally
✅ Achieve peace of mind
📞 Ready to Invest or Inspect?
👉 Call or WhatsApp +234 802 313 2669
🌐 Visit www.favourmizrealty.com
📍 Lekki, Lagos, Nigeria
Favourmiz Realty — Building Trust, Creating Wealth Through Real Estate.
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