Sijibom Ogundele - Luxury Real estate in Lagos, Nigeria

Luxury Real Estate In Lagos, Nigeria


Sijibomi "Sujimoto" Ogundele is the founder and lead partner of Sujimoto Group of Companies, which comprises of real-estate, finance and energy divisions. The organization operates offices in Paris , Accra, Madrid , Dubai, Riyadh, and recently Lagos. With the umbrella of Sujimoto Investment Ltd. and its principal partner, Yazeed Alrahji, Sujimoto has been able to bridge the venture capital industry with more than 47 successful business acquisitions and restructurings.

As the Chief Executive Officer of Sujimoto Construction, a real estate development firm, Siji is one man to watch - as far as the revolution of Nigeria's prime real estate sector is concerned. The company, which describes its obligation as bridging the gap in the provision of quality, affordable, and luxury buildings, that are analogous to modern cities and towns like Cape town, Monte Carlo, and Miami, has over the years proven its mantle in this highly competitive field.

Luxury Apartment In Lagos:
What to look for in luxury real estate:

Unobstructed views and light. An apartment interior that is open to the outdoors and lets in lots of natural light improves your mood—and resale value. That openness is usually more important than outdoor space. Do you look at a park, a river, a bridge or a skyline? Are these views protected? Understanding the surrounding air rights and zoning allowances of neighboring buildings will give you a pretty good handle on your risks.

Ceiling height. The higher the better, up to about 14 feet (after that you’ll be getting diminishing marginal returns). Instead of looking at square footage, consider cubic footage. There’s almost no such thing as a luxury apartment with 8.5-foot ceilings. (An exception: An apartment with especially good unobstructed views and light that offsets the penalty from lower ceilings.)

Architectural uniqueness. I’m not entirely convinced diamonds are forever. But good architecture retains value. Do some research on the who’s who of architects and go for one with a good track record and beautiful, yet practical design. While it’s obvious how the building is perceived today, consider how it will be looked upon in a few decades. If you’re no visionary, at least look for “good bones”—a solid foundation, unusual details, high-grade materials and an artistic component.

Practical layout. Give yourself some room to live. If you own a luxurious apartment, you probably have a lot of friends. So maintaining clear separation between your social and private areas can be most rewarding. After all, you don’t want guests traipsing through your bedroom to use the bath. Eat-in kitchens are nice. Avoid apartments with long hallways, stairwells, awkward columns and other unfortunate space wasters.


More luxury real estate news: Real Estate In Lagos, Nigeria, Luxury Town Houses In Lagos.

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