Business Icon and Future Billionaire Sujimoto To Change Nigerian Luxury Estate

LAGOS CITY, Nigeria - Sept. 17, 2015 - PRLog -- For high end property seekers, nothing compares to luxury and comfort. But even luxury has different categories. For instance, what is luxury for someone that lives in Chelsea, London might differ from what is luxury for someone that lives in Ikoyi, Lagos. This is because describing a luxury property in London might not be comparable to ‘luxury’ in Lagos.

According to the Managing Director of Sujimoto, Mr. Sujibomi Ogundele, the fundamental principle of luxury is the capacity to blow people’s minds. This, he said, is what his firm has used religiously in its mission to change the Nigerian luxury real estate market.

“Is quality really that expensive? What is expensive is our intention to deliver quality. Unfortunately, the need for immediate gratification by indigenous developers has had a negative effect in the luxury property market sector, leaving consumers to lean towards Italian, German and Lebanese companies alike. What these foreign firms can do, we can do better, faster and even cheaper! The Nigerian Real Estate Sector has refused to meet five per cent of its potential, and whilst clients and real estate enthusiasts testify that our buildings meet international standards, it is also an amazing investment vehicle for property investors,” Ogundele said.

He said Sujimoto’s market intelligence showed that the most expensive apartment in Ikoyi, Lagos, is of 300sqm size, and on offer for $2 million. While comparing the local luxury real estate market to what obtains in Europe, Ogundele said among all properties in Ikoyi, very few or almost none of them would meet 50 per cent of Lorenzo’s architecture, finishing and features. He, therefore, urged investors to key into its scheme, assuring that it would offer good return on investment.

“First lucky investors would gain the opportunity to buy our luxury homes at a fraction of the outright sales price, thus, propelling their return on investment and above all, owning a property with a $2.5million value at a $1million investment. Some critics are still thinking, hoping, visualising and deciding, but as I always say, only the few brave optimists can control the wealth of the many pessimists,” Ogundele said.