Real Estate

RECENT SPIKES IN LAGOS RENT PRICES SUGGEST HOMEOWNERSHIP IN LAGOS IS NOW OR NEVER

For years, renting in Lagos has been seen as the “safer” choice flexible, convenient, and easier to manage than homeownership. But with Lagos rent prices now soaring by over 80% in the past year, that safety net is quickly unraveling. According to recent market reports, tenants across Lagos are being forced to pay nearly double their previous rents, with some experiencing hikes as high as 103%....

INVEST SMART THIS DECEMBER: POSITION YOURSELF FOR PROFITS IN THE NEW YEAR

Every year, December comes with its own energy in Lagos, the concerts, the traffic, the returnees, the parties, the “Detty December” lifestyle. But beyond the fun, December is also one of the most strategic months in real estate. It’s the time when smart and savvy investors quietly make their biggest moves while also partaking in the festivities.The truth? Real estate in Lagos isn’t dying,...

LAGOS MOVES TO REGULATE REAL ESTATE FEES: WHAT IT MEANS FOR RESIDENTS AND INVESTORS

The Lagos real estate market has always been somewhat chaotic. For years, tenants and homebuyers have struggled with the rising cost of transactions, particularly agency and legal fees that often push housing further out of reach for the average Lagosian. But now, the Lagos State Government is stepping in with a bold new plan designed to restore order, protect consumers, and make housing more...

Lagos on a Short Stay: Dominance of Short-Let Apartments

Lagos has always been a city in motion. With its economic energy, rising urban population, and a constant influx of both local and international visitors, it’s no surprise that the real estate sector continues to evolve to meet certain demands. Among the most significant developments in recent years is the exponential rise of short-let apartments. What was once a niche segment within the luxury real...

From Foundations to Fortunes: What Makes a Property Appreciate Over Time

Have you ever heard someone say, “If only I had bought land there ten years ago!” followed by a long sigh of regret? That’s the sound of lost opportunity echoing through time. The truth is, real estate has a way of rewarding those who get in early and punishing those who hesitate. But what exactly makes a property appreciate in value? Why do some homes and lands skyrocket in worth while others...

UNDERSTANDING A TYPICAL REAL ESTATE DEVELOPMENT TIMELINE AND WHEN IT’S SMART TO BUY IN

Real estate development is a structured journey with multiple stages, timing is often tied to the development timeline of a project. If you’ve ever wondered why the same property can go from being super affordable to double its price within a few months, the answer lies in which stage of development you’re buying into. For investors, buyers, and even curious onlookers, understanding a typical real...

DISCOVER MAGODO: A MAINLAND PROPERTY HAVEN

Lagos Mainland is very energetic, it is known. Although sometimes tucked away in these pockets of energetic city life hustle and bustle are these communities that offer the same serenity as you would find on Most parts of Lagos Island yet still very much at the heart of the city, Magodo stands as one of the most desirable residential and mixed-use areas in Lagos State. For many discerning homeowners and...

WHERE IS REAL ESTATE MOST PROFITABLE IN NIGERIA?

When it comes to real estate investment, it is no news that location is a key factor to look out for. While some locations consistently outperform others in terms of growth, demand, and profitability, cities with increasing population, robust economic activities, and infrastructural development create a dynamic property market. Abuja is Nigeria’s political capital and one of the most organized cities...

WHAT IS MORE PROFITABLE THAN REAL ESTATE

When it comes to building wealth, real estate is often hailed as one of the safest and most profitable investments. But real estate isn’t the only option out there.  Although it exhibits a lot of the qualities of a good investment, many financial advisors will tell you that there are other ways to grow your money, some of which promise impressive returns, maybe even better than property...

HOW TO SPOT A GOOD REAL ESTATE INVESTMENT PROPERTY

You have heard it time and again that Real Estate Investing beyond being lucrative in terms of ROI when done correctly, but also happens to be one of the safest way to invest with a guaranteed hedge against inflation and currency devaluation. But then, not all properties are created equal. While some generate steady income and appreciate over time, others can become liabilities disguised as opportunities....

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