Why Many Nigerians Love Living In Luxury Apartments –Ibrahim Adekunle Israel

Posted on June 17, 2022

A real estate entrepreneur and businessman, Adekunle Ibrahim Israel has said that Nigeria is fast becoming a destination for lovers of luxury apartments.

The Chief Executive Officer of Evermark Homes and Properties, who spoke during the unveiling of his company’s new logo, said many Nigerians are now becoming homeowners by buying apartments.

He noted that despite hyperinflation ravaging the country, it is very easy to become a homeowner in Nigeria.

“The major challenge we have in Nigeria at the moment is hyperinflation rates which have led to a cut-throat cost of building materials. Many companies have had to close shops as a result of this, but our driving force and consistency persist,” Israel said about his fast growing real estate firm.

“Other challenges include government policies and tax rates from the government which are dire, as we are often charged more than we actually earn. However, such problems could be solved by doing things right,” he added.

Evermark Homes and Properties boss however stated that affordable and flexible payment plans in real estate would avail everyone the opportunity to navigate the cost of owning one.

He later explained the representation of faith and passion in his company’s logo.

“I think, faith and passion are the important value our logo carries. In the past few years, we have done the impossible, especially in an unusual time when the world was going through a pandemic. Our driving force has been the faith that we had and the passion we have for what we do.”

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