Real Estate Guides

Simple and practical Real Estate Guides for Home Buyers, Sellers and Agents in Nigeria.

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Real Estate, Home Buying Tips NHM-staff Real Estate, Home Buying Tips NHM-staff

Avoid Scams: Renting Property Safely in Nigeria This Detty December

Detty December is here! It's that time of the year when Nigerians celebrate the festive season in style—packed with concerts, parties, and gatherings. Whether you’re looking for a vacation home, a short-term rental, or a place to host your loved ones, the demand for rental properties skyrockets during this period. Unfortunately, scammers are also on high alert, looking to take advantage of unsuspecting renters in the holiday rush. To ensure you secure a safe, legitimate rental this season, here are essential tips to protect yourself from scams.

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Market & Economy NHM-staff Market & Economy NHM-staff

Nigeria's Q3 Economic Indicators: What GDP Growth and Lower Unemployment Mean for Real Estate Investors

Nigeria’s economic performance in Q3 2024 has captured significant attention, particularly with two critical indicators showing promise: a GDP growth of 3.46% driven by the services sector and a notable decline in unemployment to 4.3% from 5.3% in Q2. These figures suggest a resilient economy navigating its way through global and domestic challenges. But what do they mean for real estate investors?

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Market & Economy NHM-staff Market & Economy NHM-staff

The 'Japa' Effect: How Nigeria's Migration Wave is Reshaping the Real Estate Market

The "Japa" movement, referring to the wave of emigration among Nigerians, is transforming the country’s real estate market. With more skilled professionals and young adults moving abroad, housing demand is shifting, vacancy rates are rising, and opportunities in the short-term rental and diaspora investment segments are growing. As urban areas face price adjustments and vacancies, developers and landlords are adopting new strategies, like flexible leases and affordable housing, to meet the changing landscape. Discover how Nigeria's migration wave is reshaping property demand, investment trends, and opportunities in the real estate sector.

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Market & Economy NHM-staff Market & Economy NHM-staff

How Lagos and Abuja Are Shaping the Future of Real Estate in Nigeria

The Nigerian real estate market is one of the most dynamic in Africa, and its growth trajectory is largely driven by two cities: Lagos and Abuja. Both cities are economic powerhouses with unique characteristics that make them key players in shaping the future of real estate in Nigeria. From infrastructure developments to increasing demand for residential and commercial spaces, these cities are setting the pace for real estate trends across the country.

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