real estate in Nigeria Archives

Three Major Reasons Why Real Estate in Lagos Is Overpriced

There are three major reasons why real estate in Lagos is overpriced: the cost of finance, the cost of construction, and the cost of documentation. Let’s go through them one by one: 1. The Cost of Finance What we don’t realise is that real estate is primarily a finance business before it is a ...

Omobola Adaramaja

July 21, 2024

OFF-PLAN INVESTMENTS FREQUENTLY ASKED QUESTIONS

An off-plan property allows investment before construction completion. It’s a new project where early investors can participate, purchasing properties before construction finishes. Identifying a promising off-plan project involves assessing key factors: evaluating the developer’s reputation and track record, prioritizing projects in prime locations with strong demand and growth potential, scrutinizing project feasibility including approvals ...

Omobola Adaramaja

March 27, 2024

Lekki Phase 1: Nigeria’s Real Estate Investment Hotspot

The average price of a plot of land in Lekki Phase 1 was 235 million naira as of March 2023, and the average price of a plot of land in the same neighbourhood is 650 million naira as of March 2024. That is a 176.6% increase in 2 months, indicating how much Lekki Phase ...

Omobola Adaramaja

March 13, 2024

Unlocking the Lucrative Potential of Commercial Real Estate in Lagos: A Glimpse into a Promising Future

Lagos, Nigeria’s vibrant economic powerhouse, is witnessing an unprecedented surge in demand for premium commercial spaces. This burgeoning appetite for high-quality real estate presents a wealth of opportunities for corporate tenants, firms, and investors alike to capitalize on the city’s thriving commercial landscape. As the commercial nerve center of Nigeria, Lagos has experienced remarkable ...

Omobola Adaramaja

December 2, 2023

How the Economy Affects Commercial Real Estate

The economy has a significant impact on the commercial real estate market, influencing supply and demand, property values, occupancy rates, and investment opportunities. Here’s how the economy affects commercial real estate: 1. Occupancy Rates and Rental Income: Economic Expansion: During periods of economic growth, businesses tend to expand, increasing their demand for office and ...

Omobola Adaramaja

October 31, 2023

Unveiling Osapa London: The Secret Oasis of Real Estate Luxury

You might have heard of Osapa London, Lekki or this might be the first time you’ve come across what “a Osapa London” is, but when it comes to the nitty-gritty about Osapa London, this is the debut. Osapa London is a neighborhood in Lekki, Lagos Nigeria, known for its upscale residential properties, modern amenities, ...

Omobola Adaramaja

September 11, 2023

How to Relocate Your Business While Maintaining Business Operations

Are you considering relocating your business to a new location? Whether you’re managing a small, home-based business or a large company with multiple employees, moving to a new space can bring about various challenges and complexities. And as an expert in Lagos, Commercial Real Estate, these tips will help you make an informed decision ...

Omobola Adaramaja

September 1, 2023

Do you think prices of Lands in Lagos are Overpriced?

Economic Growth, Market Bubbles, Government Policies, and ROI among others, can be a major influence on the prices of Real Estate in any location. Lagos attracts a large number of businesses, professionals, and migrants creating a strong demand for both residential and commercial investment opportunities. The real estate market caters to different levels of ...

Omobola Adaramaja

July 7, 2023

Tag: real estate in Nigeria

Three Major Reasons Why Real Estate in Lagos Is Overpriced

Omobola Adaramaja

OFF-PLAN INVESTMENTS FREQUENTLY ASKED QUESTIONS

Omobola Adaramaja

Lekki Phase 1: Nigeria’s Real Estate Investment Hotspot

Omobola Adaramaja

Unlocking the Lucrative Potential of Commercial Real Estate in Lagos: A Glimpse into a Promising Future

Omobola Adaramaja

How the Economy Affects Commercial Real Estate

Omobola Adaramaja

Unveiling Osapa London: The Secret Oasis of Real Estate Luxury

Omobola Adaramaja

How to Relocate Your Business While Maintaining Business Operations

Omobola Adaramaja

Do you think prices of Lands in Lagos are Overpriced?

Omobola Adaramaja

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Posts tagged "real estate in Nigeria"

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