AN EVALUATION OF RENTAL DIFFERENCES IN RESIDENTIAL AND COMMERCIAL REAL ESTATE IN IBADAN
Abstract
The goal of every investor in real estate investment is to realize a reasonable profit at a particular period of time. i.e (the performance of the investment) The performance of the property investment is then affiliated to comparing commercial and residential properties for investment. This research work thus explained the rental variation between residential and commercial properties in Ibadan focusing on Estate Surveying and Valuation Firms in Ibadan as a case study. The study however investigated on the factors influencing the value of rent of residential and commercial properties and also the reasons for rental variation between the properties. Questionnaires, interview and self-observation as method of data collection was explored. Chapter 1 introduced and discussed the background of the research work, General literature review is discussed in chapter 2, Chapter 3 concentrated on the research methodology, Chapter 4 and 5 respectively, provided overview of the results, combined the results from the theoretical framework and the semi-structured interviews to provide the conclusion to this research, reflect on the result and provide recommendations.
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