Omricon Properties

Omricon Properties Realtorpreneur & Developer πŸ”‘ 🏘️
Real Estate
Property Management

BN -3654291
☎️08152736549
wa.me/+2348062894772
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09/07/2026

difference between a Swappy land and a waterlogged land-

Swampy land is land that is naturally wet for most or all of the year. It often has marshy soil, reeds, grasses, or other wetland vegetation. It usually requires significant filling, drainage, and proper foundation work before building.

Waterlogged land is land where water accumulates because drainage is poor or after heavy rainfall. It may not be naturally a swamp. Once drainage is improved or the rainy season ends, the water may reduce significantly.-omricon properties

26/06/2026
20/06/2026

For sale πŸ“
4 bedroom bungalow (federal light)

Land size- Above 1 plot
Location -Aluu Port Harcourt
Price- 65million

For Consultation/Inspection
☎️08152736549
Mark Muyiwa

08/06/2026

YOUR LANDLORD JUST INCREASED YOUR RENT β€” HERE IS WHAT THE LAW ACTUALLY SAYS

Before you argue, before you threaten to leave, before you go online to vent

Pull out a calculator first.

Because whether you have a case or not depends on one thing: the percentage of increment.

THE SIMPLE RULE UNDER TENANCY LAW

A landlord cannot increase rent arbitrarily.

But "arbitrary" has a legal definition here and it may surprise you.

Any increment above 50–55% of your current rent is considered arbitrary and can be contested.

Any increment at or below 50–55%, you have no case. Pay or move out.

EXAMPLES TO MAKE IT CLEAR

These fall within legal range, no case, pay or move:

- ₦300k β†’ ₦400k βœ…
- ₦500k β†’ ₦700k βœ…
- ₦400k β†’ ₦650k βœ…
- ₦800k β†’ ₦1.2M βœ…

These exceed legal range, go to Magistrate Court and contest it:

- ₦300k β†’ ₦550k ⚠️
- ₦500k β†’ ₦900k ⚠️
- ₦400k β†’ ₦800k ⚠️

SPECIAL CASE β€” WHEN THE LANDLORD ADDS NEW FACILITIES

If your landlord makes genuine improvements to the property β€” new facilities, renovations, upgrades β€” the threshold changes.

The increment can legally go up to 70–100%, depending on the value and standard of the improvements made.

So if your rent went from:

- ₦300k β†’ ₦500k and the landlord renovated or added something new β€” no case, pay or move
- ₦500k β†’ ₦1M with verifiable improvements β€” no case, pay or move

The key word is genuine improvement. Not a fresh coat of paint. Actual additions that increase the value or standard of the property.

WHAT ABOUT YEARLY INCREASES?

If your landlord increases rent every year, the same rule applies per increment.

As long as each yearly increase does not exceed 50–55% of the rent at that time, it is within the law.

The moment it crosses that threshold without corresponding improvements, that is when you have grounds to act.

WHAT TO DO IF YOU HAVE A CASE

1. Calculate the percentage increase
2. Confirm there were no new facilities or improvements added
3. If the increment exceeds 50–55% with no justification.

17/05/2026

Distress sale πŸ“
11 rooms en suite Guesthouse
1 pole of the tared road (federal light)
Rumuagholu Port Harcourt
120 million naira only
☎️08152736549

Mark Muyiwa

17/05/2026

Distress sale πŸ“
11 rooms en suite Guesthouse
1 pole of the tared road
Rumuagholu Port Harcourt
120 million naira only
☎️08152736549



23/04/2026

price slashed to 170 million naira Net!!!

fastest fingers πŸ”₯πŸ”₯

22/04/2026

If you save you are betting against inflation.

But if you invest in real estate you are betting with a sure odd.

Real estate no dey cut slip!!!!!!

07/04/2026

For sale πŸ“
fastest fingers πŸ”₯

2 units of 3 bedroom bungalow.

Rumuagholu Port Harcourt.
25 million naira net.

note- building is an old one but can be renovated.

for more information call
☎️08152736549

Mark Muyiwa
Omricon Properties

Address

Rumuagholu
Port Harcourt
500102

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