BridgePort Properties

Reasons To OWN a Property With BridgePort Properties

Good road Network
24/7 Power Supply
High Return on Investment
Central Sewages
Integrated Security System
Cozy Swimming Pool
World Standard Tennis Court
Green Area
Ample Parking Space & lots more

Forward steps with affordable housing

Here is what Proshare thinks about affordable housing and the slowly recovering economy
Today we turn our attention to Nigeria’s housing market. The housing deficit is currently estimated at 17 million housing units, with Lagos and Abuja accounting for 15% and 10% respectively of the total deficit.
In both states, several completed residential buildings remain vacant as affordable housing is not readily available. This has worsened following the squeeze in consumers’ purchasing power on the back of the country’s macro challenges.
Historically, mortgage financing has been expensive in Nigeria. Based on industry sources, the ratio of mortgage loans to total GDP remains extremely low at 0.5% compared with 80% in the UK and 31% in South Africa.
Last month the FGN signed a mortgage refinancing agreement worth N13bn with the Federal Government Staff Housing Loan Board (FGSHLB) and the Nigeria Mortgage Refinancing Company. We understand that there are already 30,000 registered qualified off-takers.
Through the national housing scheme 1,500 additional housing units have been developed across seven states in the country, namely Taraba, Kwara, Enugu, Ebonyi, Imo, Nassarawa and Niger.
The Lagos State government through its rent-to-own scheme has provided 500 additional housing units over the past three months. Furthermore, Lagos has entered into public private partnerships to increase the affordable housing stock within the state.
The weakening of the naira over the last few years has presented Nigerians in the Diaspora with opportunities to invest in the country’s property market.
Last year, real estate contributed 7% to total GDP and contracted by -6.9% y/y. We hope to see increased activity across the property market (both demand and supply sides) as the economy slowly recovers and moves back into growth.

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BRIDGEPORT INVESTMENT REWARD PROGRAM “BIRP”

The unique Bridgeport Investment Reward Program is a direct marketing reward program that is designed to reward smart thinking and hardworking individuals, that use or own properties in our captive market and help them explore the unique advantage of being early adopters to our projects.
There is always an early mover advantage in life and being a rewarder for same is the smart thing to do.

It’s true that it’s you anyone else will believe the most when they talk about the value of either owning the property or rent payable for it. Money must be spent on advertising any goods and good companies spend between 5-10% marketing their product. It makes all the sense in the world to reward you who is best positioned to make people see reasons to purchase & invest.
If you are renting now this affords you the amazing opportunity to own your own home by introducing people to buy and taking advantage of the 5 years mortgage scheme with just 7. 95% interest payment. Already sounds like a good plan, right?
So how does this works?

Simply invite people to buy a property in your estate or any of the estates listed in this booklet and you get 5% of the deposits paid as a store credit into your account towards a dream home of your choice.