In Nigeria, there is a lot of vacant real estate on the market that is currently up for sale; however, there are very few… Effects of rising Nigerian costs on the real estate industry Nigeria, the largest economy in Africa with nearly 210 million people and known as the “poverty capital of the world” since … Read more
Despite the increased economic activity, real estate and construction remained low as operations continued to rely on… Real Estate Experts Bullish on Underperforming Nigerian Sector After the COVID-19 pandemic disrupted real estate activities, industry players noted that inflation and 2021 exchange rates hampered business. The National Bureau of Statistics (NBS) reports that Nigeria’s GDP grew … Read more
The new policy only applies to new buildings, not buildings that were built many years before the regulation. Only when they need to be rehabilitated or renovated… Experts discuss how government can address threat of building collapse As the number of buildings collapsing in the country has been on the rise due to inadequate enforcement … Read more
A new fragrance collection and online shopping platform have been launched by the… Nigerian company GbemiDH has launched a new fragrance collection and online shopping platform. The company made it known in a press release issued on Sunday, May 22, 2022. It reads, in part, “Offering its most discerning customers a greater choice, leading Nigerian … Read more
At the average annual increase seen in each state before the pandemic, the cost of rent increased by more than 50% for renovated structures and 100% for new buildings. Rent hits all-time high in South-South as prices continue to rise Housing rentals across Nigeria’s South-South geopolitical zone have grown at their fastest pace in decades, … Read more
Although investing in real estate is a high-risk business, there are several best practices that investors can follow to increase their chances of being profitable in the long run. Although investing in real estate is a high-risk business, there are several best practices that investors can follow to increase their chances of being profitable in … Read more
Selling your property can be a tedious process, however, in this article we highlight some of the recommendations to sell your property quickly. The process of selling your property does not have to be time consuming or challenging. And based on our expertise and experience, there are a few different factors that could move things … Read more
Real estate is a diverse industry with numerous investment options. While most real estate investors focus on buying physical property, a few choose an alternative that allows the investor to invest in a property without buying it outright. Real estate is a diverse industry with numerous investment options. While most real estate investors focus on … Read more
If you’re 50 and want to buy a house, you probably still have many years of work ahead of you, which means more money to buy a house. It’s not uncommon for a 50-something to wonder if they’re too old to buy a home at their age. The answer is resounding no! A few years … Read more
Abandoned federal government properties in Lagos, Nigeria have continued to rot as the country’s housing deficit worsens by the day. Nigeria: Federal government properties fall into disrepair as housing shortage worsens Derelict federal government properties in Lagos have continued to rot as the country’s housing deficit worsens by the day. The Ikoyi federal secretariat complex … Read more