Real Estate

Renting a home in Lagos these days feels like signing up for a premium subscription you didn’t bargain for. Prices are climbing faster than fuel after subsidy removal, and for most people, the real shock isn’t just the annual rent, it’s the stack of extra fees you have to pay before you even get the keys. Between high demand, limited supply, and all the “hidden” charges landlords pile on, moving...

Let’s be real, renting an apartment in Lagos is not for the weak. Beyond the shiny tiles, POP ceiling, and “just painted” walls, the real tea is how the building is managed because a fine apartment with terrible facility management will humble you very quickly. Before you pay caution fee, agency fee, agreement fee, and start planning your housewarming, here are five essential facility...

What the New Compliance Push Means for Estate Developers and Buyers in Lagos Lagos real estate is entering a new era, and if you’re still building, buying, or selling like it’s 2018, you might be in trouble. The state government’s renewed compliance push is no longer just policy talk; it’s active enforcement. From sealing notices to demolition threats, the message is loud and clear: compliance...

In Lagos real estate, “fast-selling” has become one of the loudest marketing buzzwords. Every property seems to be “almost sold out,” yet some of these homes sit on the market far longer than advertised. The truth? Speedy marketing doesn’t always equal real value. If you’re buying or investing, here are five clear signs a fast-selling Lagos property may actually be overpriced. 1. The...

Few things hurt like buying land, building your dream home, then discovering the government has marked it “ACQUIRED” or “UNDER ACQUISITION.” At that point, emotions don’t matter, the land is gone, and in many cases, compensation won’t even cover your loss. Sadly, many Nigerians fall into this trap every year, usually because they were not properly informed before paying. Here are the top...

For many young Nigerians, “mortgage” sounds like something reserved for uncles in their 50s with white-collar jobs and big stomachs. But in reality, mortgages are one of the most realistic paths to homeownership, especially in major cities like Lagos and Abuja, where outright payment feels like a Marvel superpower. Sadly, misinformation is doing the most. These five major mortgage myths are...

You bought property in Lagos expecting it to “blow” in value, but months or years later, appreciation is moving like a slow network. Meanwhile, other locations are doubling in price and trending on real estate Twitter. If you’ve ever wondered why your property isn’t appreciating as fast as others, you’re not alone. Here are the top five reasons some Lagos properties move slowly while others...

For years, many Nigerians looked at mortgages like something reserved for “people that know people” , high interest rates, endless paperwork, and banks acting like you’re begging them for their own money. But as inflation begins to cool, the mortgage conversation in Nigeria is finally changing, and honestly, it’s giving hope. Lower inflation doesn’t just affect market headlines; it directly...

Lagos State is no longer playing when it comes to urban planning, building approvals, and estate compliance. Recent government statements and enforcement actions show one clear message: if your estate or property is not properly approved, demolition is not a threat , it’s a timeline. Many developers and buyers still wave it off with “nothing will happen” until bulldozers actually arrive. But...

PropTech is slowly reshaping Nigeria’s real estate space , from digital rent payments and virtual inspections to online property verification. But even with all the buzz, adoption is still nowhere near its full potential. Many Nigerians still prefer face-to-face transactions, handwritten receipts, and “my guy at the registry” over trusting an app. The hesitation isn’t random; it’s rooted in real...