Kingllusion Properties

WE ARE
A Forward Thinking Firm

KINGLLUSION REAL ESTATE


Recommended by More Than 2000 Happy Buyers & Renters Nationwide
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WHAT WE DO

Real Estate Sales

Whether you’re looking to Buy, Rent, Sell or Develop, you’ve come to the right place. Our agents are not just local experts, but fellow neighbors with unique access to prime properties.
Property Management

From leasing to tenant relations to building maintenance, our skilled team of agents and property managers are here to service your investment day and night.
Development

Our development team has overseen dozens of projects in Lagos, ranging from one-off home construction to multi-home developments to mixed-use apartment buildings..

WE HAVE PROPERTIES

Find Your Place


Looking to sell, buy or lease your property?
Are you living in Nigeria or outside Nigeria?
Do you require a property manager?
You are at the right company.There's no better time than now.
N2+
Billion Sold
100+
Properties Sold
18
Houses Built
62
Properties Lease

195
Happy Clients
  • BUY. SALE. LEASE. RENT
  • Land

    If you are in the market for your perfect land to buy, you have come to the right place. We want to make your experience in finding your next land an enjoyable one!

  • Luxury Home

    We will find you the house/luxury home to buy in just the right area for just the right price with peace of mind.

  • Office/ Shop

    Find Your Ideal Place Fast... In Hours Not Days!
    We have office space in price ranges to fit almost any budget. Whether you're looking for office or shop, we have just what you're looking for

  • Inspection

    Call/Whatsapp 08147677792

The fastest way to add value to an investment property is a complete renovation. We have created a streamlined process to reduce renovation cost and maximize return.

It Starts With The Team.

We have our own dedicated team of general contractors and specialists who work exclusively for Kingllusion.


Economies of Scale.
Because we renovate so many houses, we have created a system of standard renovations that allow us to buy materials in bulk. This allows us to buy the fixtures in bulk at discounted rates.

Start your next investment. Build your financial foundation.

Why Invest in Real Estate?

As an investor, you can choose from a variety of opportunities, one of which is real estate. Residential real estate offers advantages unavailable with most other investments, including:

Cash Flow – Real estate is one of the only investments that can begin to produce cash flow on day one. Rents hardly ever decrease over time, so you maintain the ability to increase your monthly cash flow in the future.


Leverage – You can actually leverage your purchasing power, taking on less risk, while collecting monthly rents and experiencing appreciation (higher property values) on someone else’s dime. Your borrowed money is going to work by allowing the tenants to cover all of the expenses associated with the property, providing you with both monthly cash flow and the annual appreciation increase as well!

Inflation – Real estate happens to be one of the best ways to keep ahead of the inflation curve. As inflation happens, two beneficial things also take place - your rents go up, as does the value of your property.

Appreciation – The market is rebounding to pre-market crash values, which means that you get to ride the appreciation wave while experiencing a positive monthly cash flow if purchased correctly. We are not big proponents of purchasing property solely based on appreciation, but it is a benefit of buying and holding property over an extended period of time.


Rental property has historically increased in value, with values doubling every ten years in many markets. Coupling steadily increasing property values with the cash flow generated from steadily increasing rents provides the investor with an excellent opportunity to reap meaningful returns with less risk than other commonly available investments.

Investor Purchase
Kingllusion Properties has helped guide many investors through the purchase process. It starts with setting investment goals. Our team of advisors works with each investor to set clear investment goals. Depending on your specific objectives we will guide you to the right types of properties and then provide inventory options that meet your needs.

Once we have found the right property for you, the expert team at Kingllusion Real Estate can walk you through payment options. Every investor is different, but Kingllusion has the resources to assist you with your purchase no matter which payment option you decide.
Monday, March 01, 2021
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Lease Residental or Commercial Real Estate in Lagos, Abuja and Port Harcourt
Our property management company, Kingllusion Real Estate, takes a customer service approach when it comes to leasing. We currently staff 4 certified real estate agents to serve as our Leasing Agent and find the highest qualified tenants for our rental properties.

Property Management Service

Administrative Services

  • Rent collection - On behalf of the owner, we issue a monthly rent invoice to the tenant and confirm the payment status.

  • We will provide payment services for monthly common charges, electricity, etc. on behalf of the landlord by the due date.

  • Create and send monthly investor's report.

  • Arrange reimbursement for surplus money - We will remit the surplus of the difference between income and expenses. Also, if the expenditure exceeds the revenue amount, the owner will need to deposit additional funds to our escrow account to cover the shortage. (Third Party Deposit Account).

  • Arrangement for the repair and provide client report for the content of the repair and its cost.

  • Work to resolve troubles such as water leakage and delay of rent payment.

  • Management of tenant's deposit.

 

Maintenance · Property Inspection · Repair · Renovation


In order to be successful in real estate investment in Nigeria, maintenance of the building is key. We periodically inspect and perform proper maintenance so that the property value can be maintained. We will also renovate the room and upgrade its aesthetics and amenities such as refurbishing of the toilet and kitchen if necessary.

Managing the Cost and Quality of Property Improvement and Construction


In Lagos, the construction period often gets delayed. Kingllusion Real Estate Sales Lagos provides arrangement of reliable contractors and conducts negotiations for difficult issues on behalf of the owners.

Backup System by Specialist

Risk Management Consulting
Introduction of Lawyers in cases of evictions and lawsuits.
Arrange enrollment of owners' property insurance on client's behalf.
Our Support for Owners
Tenant management and handling sales of property.
Finding new tenants with good credit history.
Financial Management: rent collection & sending reminder for late payments.
Our Support for Tenants
Property maintenance and management.
Arrangement for handymen or contractors for damage and repairs, and to resolve tenant's complaints.
Quality & cost management for contractor's work.
Financial Management
Ensure smooth financial management by setting a managing account. (issue monthly investor statements)
Handle payments of recurring charges.

PROPERTIES

We have propperties in Lagos, Abuja and Port Harcourt
A plot of land with registered Survey in an estate close to the main road by The Patron Hotel.
Location: Sangotedo.
Price: N22m (Asking)
Sangotedo, Lagos
TO LET
Brand new 3 unit of 2 bedroom flat in an estate located along Badore road Ajah
Rent: N1m
For sale
Well finished 4 bedroom Mansion in Gwarimpa Estate with twin boys quarter.
Location: Abuja
Price: N200m
Purpose. Industrial warehouse on One hectare of land 1htr
Location: Aba Road Port Harcourt
Title cofo
Price, N1.5 billion net
A History of Success
Kingllusion Properties are pioneers in the marketing of Real Estate & Personal Property with a history. Our company has a rich history of having successfully consummated thousands of Real Estate closings. These transactions have consisted of a variety of projects including Vacant Land, Residential, Land & Housing Developments, Commercial & Industrial Real Estate, Bank Owned Properties, Estates, Recreational Property, Governmental Entities, & More.

Vision

 

Our vision is to be the leading real estate service provider in the region and the preferred place of employment for real estate professionals. We consistently strive to develop collaborative partnerships, based on transparency and mutual trust, which serve to build enduring client relationships. As we expand, we’re committed to these principles, which have served our company and clients through the years.

We’re dedicated to achieving our vision by creating an energetic, positive, results-driven work environment focused on the investment and development of long-term relationships. We measure our success by the results delivered to clients. Our ethics are built on our commitment to offer superior customer service, combining an entrepreneurial flair and bespoke service of a fast-growing organisation.

Communication, commitment, and client care are the core values that emanate throughout every activity that we undertake. By listening and taking the time to understand our clients’ needs, we’re able to purvey comprehensive, holistic real estate advice. We’re proud to consistently deliver exceptional results to optimise the value of our clients’ property assets, at home and abroad.

Meet Our Team

ARCHITECTURAL DRAWINGS

KINGLLUSION puts an in-house architectural/engineering unit at the service of its valued customers. From renovation works, extension works to a new construction project, we cater to your every need. The service includes the preparation of architectural/structural drawings for KINGLLUSION customers to be submitted to authorities when applying for development and building permits as well as for construction purposes.

We believe in upholding good aesthetics in the planning and creation of interesting internal and external spaces. We offer services tailored to our customers’ needs or problems, and try to find the appropriate solution.

BEFORE YOU BUILD

B
uilding a new house can be the biggest project for a family, and it begins long before the foundation is cast. A house is an asset as well as an investment for the future.

You will be overwhelmed by various decisions at various stages. At KINGLLUSION., it is our mission to make this experience as enjoyable as possible. In case you need more details related to your housing project, our qualified technical team will be pleased to help you.

Below you will find some of the important steps required in order to avoid costly mistakes during the construction process.

Plan your budget
Planning your budget
Are you dreaming of building a new house but worried about the expenses? Start by thinking about how much you can afford to spend and how much your new house is likely to cost. In case you need a housing loan and it is not too early to find out what type of loan you are looking for, then our Commercial Unit or in-house architect will be most delighted to provide you with all necessary information.

How much will it cost?
Long before you finalise your plans/architectural drawings, it pays to do some “guesstimating”. Knowing how much the project might cost will help you modify your plans to meet your budget requirements. Once you have finalised your house plans, a builder or a quantity surveyor can provide you with an estimate. Our architect can assist you in finalising your project details and costs.

Cost Overruns
The finished cost of a house tends to be more than the original contract value. Cost overrun occurs as a result of overspending allowances, making changes and encountering unforeseen problems. Proper planning can greatly reduce cost overruns. In general, it is a good idea to provide for an additional 10% of the contract value to cover unexpected contingencies.

Some features cost more
The most expensive areas in a house are usually:

The bathroom and kitchen with features like walls, floor tiles, sanitary ware, hot/cold water reticulation amongst others
The number of windows/doors and the size and quality (steel frame, aluminium, UPVC or timber frame)
High roof pitches – special shuttering, roof tiles, corrugated roof sheeting, etc.
When using other houses to calculate an estimate, you should ensure the houses have designs/features similar to the house you intend to build. The size and shape of your house also affect its cost – houses that are rectangular or box-shaped cost less to build. Having more angles and corners in your house increases the amount of labour and materials required.

Inflation and Market condition
Construction costs increase yearly as a result of a rise in the prices of building materials. If you are not planning to build for several years, remember to include inflation into the cost estimate for your house. When using other houses to compare prices, try to use houses that have been built within the last six months.

Using square footage
First, check out newly constructed houses that are similar in size, style, quality and features to the house that you want. Then, deduct the price of the land from the price of the house, and divide that amount by the square footage of the house.

For example, if the selling price of the house is N2m and the land costs 800,000, then the construction cost is around N1.2m. If the house area is 600 sq.

You can check out several new houses in your neighbourhood to get an approximate cost per square foot. Once you calculate an average cost per square foot, you can multiply that cost by the finished square footage of your house plan to get a rough estimate.

Choose your plot
You can contact builders who have constructed or are constructing houses that are similar in size, design and structural features to the house you want to build. The builder will give you a rough idea of what it will cost to hire their services and how much you will be charged for construction per square feet.

Tips on client/builder relationship
We hope that the tips suggested below will help eliminate some of the verbal miscommunications or misunderstandings which may arise between you and the builder:

You should get a written contract which has been signed and dated by both the builder and yourself
The contract should be as detailed and thorough as possible. For instance, a contract for a new house construction will describe the project in detail and include a listing of all parts to be included
Remember that vagueness and relying on verbal information can be a source of future frustration and disappointment
Once construction has begun, changes may often be necessary or desirable. You should insist on the cost and description of each and every change being documented on paper as well as signed by both parties
Don’t forget that it is your house project and your money being spent! So be sure that nothing is left to be settled at a later stage
What goes into a Building Contract?
Before hiring a builder or contractor for any construction or house improvement project, all agreements should be put in writing.
The written contract should include:

The contractor’s full name, address, telephone number and registration/permit number (if any).
A detailed description of the work to be done. Specify the materials to be used: quality, quantity, colour, size, brand name, supplier’s name, etc.
The starting and completion dates
The labour cost and material charges
Information on how and when you must pay
Any warranties and guarantees of workmanship
The method for debris and material removal when the job is completed
Penalties on late completion
The right to cancel the contract for poor performance and relevant damages
Some Precautions:

Never sign a contract unless it is completely filled in
Read the entire contract carefully. Ask questions to clarify any doubts
Keep a copy of the signed contract
Do not pay more than what has been described in the disbursement schedule
Do not pay the balance until all works have been completed
Do not release retention money until all details have been made good after the guarantee period
Prepare the site
Preparing a site for construction can have a big impact on the cost of a house. Building on flat land will usually cost less. In case you have to haul a lot of dirt, do a lot of grading (levelling), clear trees, excavate through rock, then site preparations can be more expensive.

Choose your colours
Here are some tips on how to choose paint colours that will bring out the beauty and features of your house.

Everyhome Paint
Depending on the size and complexity of your house, you might choose two, three or as many as six colours. In addition to the colour you select for your main walls, you may want to select accent colours for roof overhangs or cornices and other details such as windowsills, window surrounds, columns or decorative features. This can be problematic because too many colours will overwhelm your house, and too few will make it look two-dimensional.

Dark and light
Light colours will make your house seem larger while dark-coloured walls or dark bands will make your house seem smaller but will draw more attention to details. Dark shades are best for accentuating recesses while lighter tones will highlight details projecting from wall surfaces.
Harmony and Contrast
Contrasting colours will draw attention to architectural details. However, extreme contrasts will clash and actually detract from details. To be on the safe side, consider staying within a single colour range. For some paint, try using a lighter or darker shade instead of a different colour.
Balance
A burst of a single colour on just one part of your house may give it a lopsided appearance. You may want to balance colours over the entire building.

Durability
The more intense a colour, the more likely it is to fade. After a few years, vivid blue and deep reds for example will seem more subdued, and as such, dark colours are more difficult to touch up. Not only do they pose extra maintenance problems, but dark shades also absorb heat and suffer more moisture problems than lighter ones.

Sheen
You will also need to decide on the sheen of your paint, for example:
matt or flat
semi-gloss
glossy

The glossier the surface, the more likely it is to show imperfection, brush strokes and touch up marks. However, glossy surfaces are easier to clean. In general, many homeowners opt to use flat/matt paint for walls and ceiling columns, railing and window surrounds.

Colour deceptions
Colour swatches look very different when they are brought out of the shop and viewed in natural sunlight. Also colours appear lighter on large surfaces than they do on smaller samples. It is best to test your selected colour on one area before buying gallons of paint.

Interior colours
The colour of your furnishings, skirting, internal door frames, flush doors, curtains and flooring will guide you in the selection of interior paint colours which will also impact on the colours you decide to use on exterior facades. Once again, the main goal is to create a sense of colour harmony that seamlessly blends the inside to the outside.

Neighbourhood context
Do not clash with your neighbours – choose colours which coordinate with those of the buildings around your house. Even if you are opting for a more subtle scheme, you should make sure that your colours are comparable with those of the houses next door as well as with the surrounding landscape.

KINGLLUSION in-house Technical Services
You will need a team of professionals to design and construct your house. Key players will include a house designer or an architect, a structural engineer, a surveyor and a builder.

Testimonials

John Onyekachi
Simply The Best
I switched the management of my lagos, lekki property to Kingllusion the second year I owned the property. In Kingllusion’s first year of management, the year to year controllable expenses were reduced by 41% with no reduction in the services to the tenants or property.


Tolulope Lawal
It's a Pleasure to Recommend Kingllusion Properties!
It is a pleasure to recommend the Kingllusion Company for purchasing or selling real estate. The employees are very competent and professionals in the field of real estate. This firm has helped us purchase more than 2000 acres of land.



Ibe Okafor
Your Success is assured with Kingllusion Properties
We utilized Kingllusion Properties to find tenants for our building. Not only did Kingllusion help us negotiate favorable leases, they kept us informed, presented information in terms we understood and always responded quickly to my many questions. With Kingllusion’s help, our building is 100% occupied and is worth much more than what we paid for it.

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