Real Estate Guides
Simple and practical Real Estate Guides for Home Buyers, Sellers and Agents in Nigeria.
Latest Posts
Would You Spend ₦7 Million for a Night? Abuja’s Most Exclusive Hotel
Explore the Four-Bedroom Executive Penthouse at Fraser Suites Abuja, the most luxurious accommodation in Nigeria's capital, with rates starting at ₦7 million per night. See what makes this suite stand out.
Trump, Nigeria, and the Global Economy: Why You Should Care
The inauguration of Donald Trump as the 47th President of the United States on January 20, 2025, has significant implications not only for America but also for nations worldwide, including Nigeria. Given the interconnectedness of global politics and economics, it's essential for Nigerians to understand how Trump's policies and rhetoric may influence their country's socio-economic landscape.
Global Money, Local Property: The Impact of Foreign Investment in Nigeria
Nigeria’s real estate market is on the rise, attracting billions in foreign investments. From luxury developments in Lagos to groundbreaking projects like Eko Atlantic City, international capital is reshaping the property landscape. But what drives this surge, and what opportunities await investors?
A Breakdown of Housing Ministry’s 2025 ₦88 Billion Budget: What It Means for You
The Housing Ministry’s 2025 budget of N88 billion underscores the government’s commitment to addressing critical infrastructure needs and promoting national development. With allocations focusing on residential buildings, office buildings and rehabilitation projects, the budget aims to tackle housing deficits and enhance public infrastructure.
Nigeria’s Economic Shift: Real Estate Takes the Spotlight from Oil & Gas
Preliminary data from Nigeria's GDP rebasing reveals a milestone: real estate has overtaken oil and gas as the nation’s third-largest sector. With a 46.52% nominal growth in Q3 2024, the sector now ranks behind crop production and trade, contributing 5.43% to real GDP. Despite challenges such as high construction costs and reduced purchasing power, demand for real estate continues to soar, driven by a growing population and rapid urbanization.
How to Secure Funding for Your First Property Development Project in Nigeria
Venturing into property development in Nigeria is a promising but capital-intensive endeavor. Securing funding for your first project requires careful planning, strategy, and resourcefulness. This guide offers comprehensive steps to help you navigate the process successfully.
Raising the Bar: The Need for Professional Excellence in Nigeria’s Real Estate
Nigeria’s real estate sector is one of the most promising and vibrant industries in the country, contributing significantly to economic development. However, its potential remains largely untapped due to persistent challenges, including the lack of professionalism. In a market worth trillions of naira, achieving professional excellence is not just desirable but essential for sustainable growth.
Real Estate Trends and Economic Impact: Lessons from Detty December
The festive season in Nigeria, popularly referred to as "Detty December," is synonymous with celebrations, a surge in social events, and an influx of Nigerians in the diaspora returning home to reconnect with their roots. Beyond the music, parties, and cultural festivities, Detty December also has significant impact on Real Estate in Nigeria
Top Emerging Housing Markets in Nigeria: Opportunities and Trends
Nigeria's real estate market is rapidly expanding beyond its traditional hubs, such as Lagos and Abuja. Secondary cities are emerging as attractive investment destinations, driven by urban migration, improved infrastructure, and increasing demand for affordable housing. These new markets present opportunities for investors, developers, and homebuyers seeking to capitalize on Nigeria's growing population and urbanization trends.
Development of smart city initiatives in urban areas like Lagos and Abuja
Explore the development of smart city initiatives in Lagos and Abuja, highlighting technological advancements, urban challenges, and strategies for sustainable growth in Nigeria's urban centers.
Comparing Nigerian Mortgage Structures to Global Standards
Explore how Nigerian mortgage structures compare to global standards, highlighting key differences in interest rates, loan tenures, credit infrastructure, and government support.
Ibadan's Real Estate Boom: Should Smaller Developers Be Worried About Big Developers Taking Over?
In recent years, Ibadan has witnessed a remarkable transformation in its real estate sector. Long considered a quieter alternative to the bustling metropolises of Lagos and Abuja, Ibadan is now buzzing with construction activity. Major developers are reshaping the city’s skyline, introducing modern residential estates, shopping malls, and office complexes. But as big players move in, the question arises: should smaller developers be worried about being overshadowed?