Atolaye Consulting

05/05/2026

Happy Valuation Day!!!!

01/05/2026

09/04/2026

VOID PERIOD IN REAL ESTATE INVESTMENT

A void period in real estate is the time a rental property sits empty between tenants, resulting in zero rental income while costs like mortgage, maintenance, and council tax continue. These inevitable gaps typically last for weeks or months, severely impacting cash flow and reducing overall investment yield.

A longer vacancy period amounts to a loss of rent in a real estate investment.

Assuming a real estate investor borrows money from a bank to invest in a property, after the expiration of the moratorium, he's to pay back from the proceeds gotten from the investment. The gross rent per annum would have been determined, and the net rent after the deduction of all outgoings.

Going by this scenario, you can see that once a vacant apartment isn't filled up on time, there'll be a gradual loss of rent, and then, the inability to recoup the capital invested would be deferred. The investor may not meet the repayment pattern as designed.

Location, design, social amenities, and condition of the property, demand and supply are some of the factors affecting real estate investment.

If an investor without thorough research or consultation with professionals to know the kind of properties to invest in went ahead to invest in 20 Units of 3-bedroom apartments on a piece of land, instead of a mixture of 1-bedroom, 2-bedroom and 3-bedroom apartments.

This could cause a delay in 100% occupation of the apartments, because it's not every prospective tenant who will want a 3-bedroom apartment. Some would prefer a 1-bedroom apartment to a 3-bedroom apartment.

Preferences differ, as does taste.

For real estate consultation:
[email protected]
0912266151
08076106244
08076106277

08/04/2026

COST & VALUE

Most clients often argue with Estate Surveyors and Valuers on the aftermath of the report of a valuation brief.

Clients already have a projected worth of the property before they engage a Valuer for the valuation.

Once a Valuer has professionally undertaken the valuation, and also submitted the report to the client, and it doesn't go with what the client has in mind or projected; the client will disagree with the Valuer, stating that the property is worth more than what the Valuer professionally advises.

A client would check the cost he expended to put the property up to judge.

They never knew that the cost is totally different from value.

You could spend highly on a property in a bad location.

Location is one of the factors that affect the value of a property.

The condition of the property too,is very important to determine value

Total consideration of economic factors

Market trends; Supply and Demand is also a factor affecting property value.

Contact us for valuation services
[email protected]
0912 266 1751
08076106244
08076106277

04/04/2026

We manage real estate investment portfolio for clients to get optimal performance and returns without hassles. Engage and retain us today for our professional services.

[email protected]
09122661751
08076106244
08076106277

23/03/2026

We're certified Auctioneers!!!

06/02/2026

In Nigeria’s property market, many owners still assign value to their properties based on emotion, construction cost, or what a neighbour claims to have sold for.

The result is often predictable:

Properties sit unsold for years.
Banks reject loan applications.
Owners lose money without realising it.
Disputes arise during inheritance, partnerships, or exits.

These outcomes usually stem from arbitrary pricing, not professional valuation. A trained estate surveyor and valuer looks beyond guesswork.

Value is determined by analysing market demand, location, property condition, income potential, comparable transactions, and risk.

Depending on the purpose, recognised methods such as the comparison, investment (income), or cost approach are applied to arrive at a figure that is realistic, supportable, and defensible.

Professional valuation is especially important for:

- Property sales and acquisitions
- Bank financing and mortgage approvals
- Rental reviews
- Financial reporting and asset revaluation
- Estate planning and family settlements

A proper valuation report is more than a number. It is a decision-making tool.

Our valuation reports are prepared in line with International Valuation Standards (IVS) and comply with applicable Nigerian regulatory frameworks, which is why they are relied upon by banks, investors, and institutions.

With over 21 years of professional valuation practice, we understand that in property, value should never be guessed. It should be professionally determined.

When clarity, credibility, and defensible value matter, engaging a trained and experienced valuer makes all the difference.

02/02/2026

Distinguishing Between Real Estate and Estate:

Real estate encompasses tangible, immovable properties comprising land, buildings, and natural resources.

Conversely, an estate represents the entirety of an individual's assets, including real estate, stocks, cash, personal possessions, and liabilities, thereby making real estate just one component of a broader estate.

[email protected]

01/02/2026

RED FLAGS TO AVOID WHEN CHOOSING A LOCATION TO BUY LAND

1. Price inflation without cause.

2. A bad reputation in the community or high crime rates.

3. Poor road network or isolation from main city hubs.

4. Uncertain legal status or land disputes.