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As Warri Expands And Evolves, Blue Spirit Limited An Hospitality Real-Estate Company Invites Discerning Investors And Prospective Homeowners To Become Part Of A Legacy That Offer A Chance To Grow With The City, To Lay Down Roots In A Place Where The Future Is Being Built Today.”
Speaking With The Principal Behind BLUE SPIRIT LTD Legacies Mr. Mogho Tenumah, Who happens to be the chairman SOUTHFLICK GROUP And Executive Director BLUE SPIRIT LIMITED A few weeks back, this young developer spoke about his passion for real estate and what stands him out as a young developer. Below are excerpts of the interview.
HOW HAS IT BEEN AS ONE OF THE YOUNG PROPERTY DEVELOPERS IN WARRI?
It hasn’t been easy but with Tenacity and Discipline to stay focused, we are where we are today. There are issues but we try to resolve them. Whether it’s regulatory bodies, or inflation. Although, real estate is not going into a swift phase but for some of us who understand the business of real estate we are still weathering the storm.
HOW DID YOU MANAGE TO ESCAPE MANY OF THESE CHALLENGES SIR?
In the business of Real-Estate you can actually envisage what may or might happen, but the willingness of both the regulatory bodies and individuals to sit down and find a common ground, that is what makes sense. So every time we have these challenges we always reach out to the regulatory bodies.
For me, Revoking C of O might not be the best thing When there's issues between realtors and governments. Repaying for a C of O can be done Or The government can penalise but they shouldn’t revoke C of O. Cities are developed by individuals. In a nutshell, we are looking forward to a better Warri and every hand must be on deck to make sure this is achieved.
WHAT LED YOU INTO THE REAL ESTATE SECTOR?
It is the same issue that we are facing that led me into real estate. You will find out that, you give some developers money and 5, 6 years down the line, you will find it hard to get a property that you paid for. It was really a challenge because I have been in this industry for a while. It’s now 7 years.
Five of those 7years, I was marketing properties and I still do together with developing. I understand the market and the challenges therein.
Another thing that led me into it, is the fact that I wanted to do things differently. For me human potential is limitless so i decided to chart a new course, rebuild the confidence of the clients when it comes to business in real estate.
Honestly speaking real estate as a tool for wealth creation is the best way to circulate money within an environment. With real estate development, many individuals get empowered, right from the engineers to the lawyers, architects, bricklayers, plumbers, building materials suppliers and every other worker that makes a building a home. Real estate helps to empower a large group of people to create wealth for themselves. I love real estate because it is a win-win for all. In my opinion, whenever governments are thinking of how to stimulate the economy, they should put money into real estate because it touches a lot of people. For me, real estate is a true platform for people’s empowerment and wealth creation.
HOW MANY HOUSING ESTATES DO YOU HAVE FOR SALE PRESENTLY? TELL US ABOUT THEM.
Yes! I am not so particular about having 10 thousand estates at the same time. I’m very deep when it comes to doing my due diligence. Go to NTDA, bureau of land, to Surveyor General’s office to make sure we are buying the right property, and also ask my lawyers to do the due diligence. And all these have helped us. Out of 2 estates, I have one that is landed properties ready for acqusition Called THE ULTRABIRD ESTATE.
ULTRABIRD ESTATE BY BLUESPIRIT is still selling and it's located in the Oil Rich City of Delta State In The Niger-Delta Region Of Nigeria.
Location- Omadino, Warri Delta State.
Land Title- Survey and Deed of Assignment.
Outright Payment
450sqm=$2,000.00
900sqm=$4,000.00
1350sqm=$6,000.00
ESTATE BENEFITS
Perimeter fencing
Good Road Network
Street Lights
Gated and secured
NEIGHBOURHOOD
Eagle Height University
Federal Technical College
Site Visitation Takes Place Every Workday And Saturdays by 10am, 12pm & 2pm.
Phone No- +2349129364430
Email- bluespirit@internet.ru
The remaining one has just buildings and it's called ULTRABIRD APARTMENTS. This impressive development is home to a unique collection of one-bedroom apartments,two & three-bed apartments with boys quarters, designed with the sophisticated discerning in mind, upholding the tenets of class, style, quality, and innovation.
Bringing together modern architecture and interior design, This Real-Estate Development is designed to be one of the contemporary residences in the area. Each apartment within this opulent development has distinctive design details and high-end finishing, setting a new benchmark for urban living.
Apartments will offer picturesque and serene water views of of the community and environs showcasing an ideal home with exciting children’s adventures and beautiful family memories that are a part of everyday life.”
I have tried to stay away from doing a whole lot. Any estate that is above 10acres, I don’t go for it because the more it gets the more problems it tends to bring interms of development and finance.
WHAT CAN YOU TELL PEOPLE IN THE DIASPORA WHO ARE SCARED TO INVEST IN THE REAL ESTATE SECTOR HERE BECAUSE OF THE FEAR OF BEING DUPED AND MANY OTHER ISSUES IN THE SECTOR?
In every sector some people will want to rubbish it while some people do it with all passion. What I will tell them to do is that they should take their time. They should ask questions. Look for those who are credible like us. And buy from people you know that will deliver. And that is what we have positioned ourselves to be able to do over two years now.
The best investment on earth is earth so Whatever your choices are, be it for residential or investment purposes, you can be rest assured that your return on investment is guaranteed on this property. All apartments at ULTRABIRD APARTMENTS are spacious and functional, with a mix of elegance, class, and style, a perfect blend of life, work, and play.
“The best way to make wise choices with your resources is to invest in real estate, they are strong and stable investments with a solid reputation lasting centuries.”
Many people have complained about being scammed by Real-Estate Companies, but there has never been any complaint against us. We make our address known and I have my Whatsapp number open, so it is difficult for anyone to accuse BLUE SPIRIT LIMITED( A Subsidiary Of Southflick Group)scam,” he said.
WAS SOUTHFLICK GROUP FOUNDED BY YOU?
Southflick Group was an offshoot of my parents idea basically to operate as a multifaceted Conglomerate Company Focused On Building/Road Construction as well as support services to multi-national Oil & Gas Companies
So when i assumed the position as the chairman i had already floated my own company which major focus was on Hospitality Real-Estate Investment And Management that was how SOUTHFLICK GROUP diversify into Real Estate And Hospitality.
The Chairman SOUTHFLICK GROUP also penned advice to emerging entrepreneurs, urging them to disabuse their mind about the idea of becoming successful overnight.
“You shouldn’t expect to make it overnight when you didn’t even start in the morning; start first brothers and I can assure you that over time, your hard work will pay off,” he stated.
Mr. Mogho Tenumah advised players in the Construction/Oil & Gas sphere not to belong to the pack of human beings who make easy things difficult for their fellow men, stressing that trust and mutual benefits remain a two-way traffic for those involved in the transaction of businesses. He went further saying most people are scared to give helping hands to Growing entrepreneur because they probably don't want them being a competition to them or they are scared of you growing bigger and better than them.
He said Why keep that your money in the bank without any interest and the bank will still be deducting your money when you can invest with BLUE SPIRIT LTD on our real estate investment commited to reducing housing deficit in Nigeria.
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