🏠 MORTGAGE & PROPERTY

Off-Plan vs Ready Property Comparator

Off-plan in Lagos is typically 20–30% cheaper — but construction delays average 12–18 months beyond the promised date. And while you wait, the money you've tied up could be earning 18–22% in Nigerian T-bills. Is the discount really worth it?

📊 Opportunity cost🏗️ Delay risk📈 Appreciation🏠 Rental income lost💰 Breakeven analysis
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Off-Plan vs Ready Property Comparator
Enter property details to see the true cost comparison
Opportunity cost uses 60% of capital (staged payment drawdown assumption)
Off-Plan Option
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Ready Property Option
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Key Analysis
Risk Assessment
Breakeven Discount Analysis

What off-plan discount would make both options exactly equal?

AI OBSERVATIONS
Smart Insights
Enter property details to get AI-powered insights on whether the off-plan discount justifies the wait and risk.
📋 OFF-PLAN DUE DILIGENCE
  • Check developer's track record — have they completed on time before?
  • Verify building permit is approved before paying any deposit
  • Use a lawyer to review the Sale & Purchase Agreement (SPA)
  • Ensure project is registered with the relevant authority (e.g. Federal Mortgage Bank in Nigeria)
  • Insist on an escrow arrangement — deposits should not go directly to developer's operating account
  • Understand what happens to your deposit if the developer defaults
🔗 RELATED TOOLS
Case workspace

This workspace turns the delivery-risk and opportunity-cost check result into a reusable matter note, dashboard item and gated PDF checklist. Use the app first, then save the evidence trail.

Evidence checked

Risk flags

Open dashboard
PDF gate

Email the checklist and unlock print/PDF

The core tool stays free. The deeper PDF pack captures email only when the user wants a portable report, checklist and dashboard reminder.

Continue workflow
Development FeasibilityProperty ValuationRental Yield
Competitor check - 28 April 2026

Benchmarked against Rentometer, AirDNA, Zillow Rental Manager and BuildZoom. The goal is not to copy them; it is to bring the useful workflow pattern into an Africa-first tool with official-source caution and local evidence capture.

Observed feature pattern

  • Property tools improve trust by showing comparable evidence, market assumptions, inspection or permit data and a dated report trail.
  • Rental platforms connect screening, lease, payments, deposit evidence and renewal steps instead of stopping at a calculator result.
  • Investment tools separate gross numbers from operating cost, vacancy, tax, permit and title risk so the user can defend the decision.

Implemented on this app

  • This page now asks for matter, country or regime, date, status, evidence and risk flags before the user exports a note.
  • The app-specific checklist is not generic: it starts with "Compare total cost, expected completion date, rental income foregone and financing cost".
  • Saved workflows can be resumed from the dashboard and handed off to Development Feasibility when the matter naturally continues.
  • The PDF/export moment is a value-after-result gate, so users can still use the tool first and only share email when saving the report.

Best next move

  • Whether the discount compensates for delay, developer default and lost rental income
  • Compare total cost, expected completion date, rental income foregone and financing cost
  • Off-plan payments made with no escrow or construction milestone evidence
Reviewed 28 April 2026 · Property purchase comparator

Off-plan discounts only matter if construction, title, developer, financing and delivery risk are priced. Ready property has less delivery risk but may have hidden defects or weaker upside.

Decisions this clarifies

  • Whether the discount compensates for delay, developer default and lost rental income
  • Which approvals, escrow controls and title structure protect the buyer
  • Whether ready-property inspection, valuation and service-charge risk are cleaner

Before you rely on it

  • Compare total cost, expected completion date, rental income foregone and financing cost
  • Review developer track record, permits, title, escrow and refund clauses
  • Inspect ready property for defects, arrears and occupancy status

Red flags

  • Off-plan payments made with no escrow or construction milestone evidence
  • Developer has no completed comparable project
  • Ready property has service-charge arrears, defects or title gaps
Primary checks
South Africa deeds registry informationGhana Lands Commission title registrationKenya Ardhisasa land portal
Next best tools
Development FeasibilityProperty ValuationRental Yield
Review pack

Before filing, signing, publishing, or sending anything, keep a short record that links the app result to evidence and official-source checks.

Capture

Save the country or regime, parties, dates, amounts, selected options, and final output. Add why this matters: Whether the discount compensates for delay, developer default and lost rental income.

Attach

Compare total cost, expected completion date, rental income foregone and financing cost. Also keep the strongest supporting document, receipt, portal reference, ID, contract, policy, or court file beside the generated result.

Escalate

If you see this risk, pause and get qualified help: Off-plan payments made with no escrow or construction milestone evidence.

Paste this into your matter file, compliance folder, board pack, or lawyer handoff.