In Lagos, once you mention the location, everybody’s ears stand up. Say Lekki, Ikoyi, or VI, and people will start respecting you immediately, even if your house has water issues and NEPA is your landlord. But reality has shown us that a fine address without sense is just packaging. Here are three things that matter more than location when choosing a house in Lagos. 1. Management That Actually...
In Lagos, once you hear “luxury apartment”, your mind has already moved in. You’re imagining steady light, quiet nights, and stress-free living. The tiles are shining, the gate is tall, and the agent is smiling too much. But after collecting keys, reality can tap you on the shoulder and say, “Welcome to Lagos.” Here’s why luxury doesn't always mean comfort. 1. Fine Design, Zero Common...
For years, high-end estates in Lagos were seen as guaranteed money printers. Build a fine house, collect premium rent, relax. But recently, some luxury estates are no longer delivering the rental returns investors expected. Rents look impressive on paper, yet actual yields are quietly slipping. Here’s what’s really going on. 1. Luxury Prices, Everyday Problems Many high-end estates charge...
In a city where people are practically competing for apartments like Black Friday sales, it’s surprising that some houses remain empty. Lagos is packed, demand is crazy, yet you’ll still see “TO LET” signs that have survived two rainy seasons. No be village people; there are real reasons. With housing demand at an all-time high in cities like Lagos, it’s easy to assume that every available house...
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...
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...
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