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Welcome to your link to properties available in Nigeria. This market has developed extensively and offers unique investment options for people who desire to acquire property for personal use or investment. The areas of immediate coverage are Lagos, Port Harcourt, Abuja, Ibadan and other major cities. |
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THE LAGOS PROPERTY MARKET
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The Lagos market has experienced an increase in the rates of all categories of properties. The demand is higher on the Island with Ikoyi properties commanding extremely high rents and capital values. The Lekki area is still booming as prices are sharply up with excellent demand. Strategic locations in the outskirts of the city are areas to seriously consider for investment or living i.e. areas adjoining the Lekki-Ajah Axis.
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On the Mainland, prices have been relatively stable with slight increases in locations such as Ikeja, Gbagada and Anthony village however rents have stabilized. |
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A sharp demand for rental accommodation exists in the state as a result of increase in population. Generally speaking it has spilled over to the outskirts as well as the most sought out locations like the Island and Lekki areas. This trend is expected to continue, as supply is unlikely to meet up with demand in the next few years.
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The future trends for the market are full of high expectations going by the increase in activities in the most locations especially in the Lekki axis with several property developers constructing sites and service schemes with plots available for outright purchase and also developed property in form of detached houses, flats, terraced houses etc.
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