49 Circular Road, Freetown.

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13 Jul

COULD PREFAB HOMES BE A SOLUTION TO SIERRA LEONE’S HOUSING SHORTAGES ?

Introduction Prefab homes could indeed be a potential solution to Sierra Leone’s housing shortage. Prefabricated or modular homes are constructed off-site in a factory and then assembled on-site, allowing for faster construction and lower costs compared to traditional construction methods. Prefab Housing Global Market In recent years, prefab housing has gained traction in the United States. According to a report by Grand View Research published in 2021, the North American modular construction market (which includes prefab housing) was valued at approximately $46 billion in 2020. The report projected a compound annual growth rate (CAGR) of 5.3% from 2021 to 2028....
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10 Nov

6 PRACTICAL STEPS TO CONSIDER WHEN SELLING YOUR PROPERTY

INTRODUCTION Selling your property at your expected price within a reasonable time frame is becoming more challenging every day. How often have you passed by a property with or without a for sale sign and asked yourself, “Is this property not sold yet?” Well, it is even more common nowadays, especially for bigger homes and landed properties. The reasons could largely be attributed to price. Still, it may not be price alone, and it could be any of the factors discussed below. To achieve a successful sale, vendors are strongly encouraged to take a few minutes and write down or...
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15 Oct

Proposed Multi Purpose Complex To Be Situated At Lumley Beach Aberdeen

As real estate brokers, we assist people and businesses in acquiring properties. We have extensive expertise in acquiring leasehold or freehold property from private person or government in SierraLeone. In October 2022, we began acquiring a state land leasehold for one of our illustrious clients in SierraLeone’s Western region. To begin, we developed a transaction requirement and associated processes. Then we divide these processes into three distinct milestone.Milestones1. complete transaction planning and engagement of stakeholders.2. Take possession of the land.3. Complete all documentation. Unlike many governments lease acquisition, this one involves twist and several interest.We promised ourselves a trip to...
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14 Oct

Focus On Real Estate Salone Video Series – Episode 2

In this episode the Managing Director at Sonako Homes, Mr. Arthur S.C Johnson was hosted to critically look at the term Valuation in the context of real estate, its meaning and importance in the real estate industry.
15 Sep

I WANT TO SELL…because of “DELAY” documentation

INTRODUCTION Despite all efforts from our TEAM ( License Surveyor, Lawyer and Broker), a customer for whom we facilitated his property buying in the Peninsular of Freetown, Sierra Leone in April 2021, HIS document has not been signed . He has completed all necessary preparation for construction, including architectural drawing and fencing, but he is sceptical about whether he should go ahead with construction or not. As a diasporan, he has been frustrated by the delay and, therefore. WANTS TO SELL BACK THE LAND… BECAUSE OF DELAY IN THE DOCUMENTATION. THE FACT He is not alone in this, and we...
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