Are you looking for property in Nigeria? Whether you're a homebuyer, investor, or renter, Nigeria's real estate market offers diverse opportunities, ranging from luxury homes in Lagos and Abuja to affordable housing in Ibadan and Port Harcourt. With the growing demand for residential and commercial properties, now is the perfect time to buy, rent, or invest in Nigerian real estate.
This guide covers property types, best locations, price trends, and expert tips for finding properties in Nigeria.
✅ High Return on Investment (ROI) – Real estate in Nigeria appreciates over time, especially in cities like Lagos, Abuja, and Port Harcourt.
✅ Diverse Property Options – From luxury apartments and duplexes to affordable houses and commercial spaces.
✅ Growing Housing Demand – Due to population growth and urbanization.
✅ Multiple Investment Opportunities – Short-let rentals, land banking, and commercial leasing.
✅ Flexible Pricing & Locations – Options for every budget, from high-end estates to emerging real estate hubs.
| City | Top Neighborhoods | Best for |
|---|---|---|
| Lagos | Lekki, Ikoyi, Victoria Island, Ajah, Ikeja, Yaba, Gbagada | Luxury homes, rental apartments, and commercial hubs |
| Abuja | Asokoro, Maitama, Wuse, Gwarinpa, Jabi, Lugbe | Government officials, diplomats, and investors |
| Port Harcourt | GRA, Trans Amadi, Peter Odili Road, Choba | Oil industry executives, commercial real estate |
| Ibadan | Bodija, Oluyole Estate, Akobo, Agodi GRA | Affordable housing, family homes |
| Enugu | Independence Layout, GRA, New Haven | Residential properties and land investment |
| Owerri | Ikenegbu, Federal Housing, New Owerri | Small businesses, rental homes |
| Benin City | GRA, Sapele Road, Ugbowo | Real estate investment, rental properties |
The cost of houses, apartments, and land varies depending on location, property type, and infrastructure. Below is an estimated price range:
| Property Type | Rental Price (₦/Year) | Sale Price (₦) |
|---|---|---|
| Self-Contain Apartment | ₦500K - ₦1.5M | N/A |
| Mini Flat (1-Bedroom Apartment) | ₦1M - ₦3M | ₦20M - ₦50M |
| 2-Bedroom Flat | ₦2.5M - ₦6M | ₦40M - ₦100M |
| 3-Bedroom Duplex | ₦4M - ₦10M | ₦80M - ₦200M |
| 4-Bedroom Detached House | ₦6M - ₦20M | ₦150M - ₦500M |
| Land (Per Plot - 600sqm) | N/A | ₦50M - ₦500M |
| Property Type | Rental Price (₦/Year) | Sale Price (₦) |
|---|---|---|
| Self-Contain Apartment | ₦800K - ₦2M | N/A |
| 1-Bedroom Flat | ₦1.5M - ₦4M | ₦30M - ₦70M |
| 2-Bedroom Flat | ₦3M - ₦8M | ₦50M - ₦150M |
| Luxury 5-Bedroom Duplex | ₦15M - ₦30M | ₦300M - ₦1B |
| Land (Per Plot - 1000sqm) | N/A | ₦150M - ₦2B |
