LAGOS STATE REAL ESTATE TRENDS AND STATISTIC

August 27, 2024
77 Comments

The Lagos and broader Nigerian real estate market in 2024 shows both growth potential and
significant challenges. Here are the latest trends in the Lagos and Nigeria real estate industry.
Market Growth: By last quarter 2024, the Nigerian real estate market should have expanded by
7.24% to a projected $2.14 trillion in value. The country’s growing population is a major factor in
this rise since it increases demand for residential real estate. Due to its status as an economic
hub that draws in both domestic and foreign investors, Lagos, one of the cities with the highest
rate of growth in the world, consistently experiences a need for housing.
(AfricaBiz)(Africanvestor)
Tech Integration: Technology is revolutionizing the real estate industry in a big way. There is a
growing trend in the application of AI in real estate development, sustainable building methods,
and smart home technology. New developments are anticipated to be dominated by these
advances, which will improve the efficiency and appeal of properties. (Business days)
Co-Living and Flexible Spaces: In cities like Lagos, millennials in particular are influencing the
rise in popularity of co-living and flexible working spaces due to economic concerns. About 60%
of potential homebuyers in Lagos are seeking for small family units and shared living spaces,
indicating an increasing demand for these types of housing. (Business days)
Sustainability: Energy efficiency and green building techniques are highly valued. In order to
keep up with global trends and satisfy a market that is becoming more environmentally
sensitive, environmental sustainability is becoming a crucial component of new developments.
(Businessday)
Rental Market Evolution: Short-term rentals, co-living spaces, and furnished apartments are
becoming more popular in the rental market. Fair market rentals have noticeably increased, with
increases in rental prices anticipated in about 99% of areas. (Businessday)
Speculative Investment and Price Increases: The Lagos real estate market is characterized
by speculative activity, and this, together with continuing infrastructure expansions such as the
The Eko Atlantic City project is driving up property prices. In developed and easily accessible
places, this trend is especially strong. (The Africanvestor)
Obstacles: The market has to overcome obstacles such as high building costs brought on by
exchange rate fluctuations, red tape, and poor infrastructure. Furthermore, affordability is
restricted in Nigeria due to high mortgage interest rates, especially for middle-class and
lower-class buyers. These elements lead to a housing supply shortfall relative to demand (The
Africanvestor).

Overall, while there are significant opportunities in the Lagos real estate market, particularly for
those embracing new technologies and sustainable practices, potential investors must navigate
a complex landscape shaped by economic, political, and environmental factors.

Thank you for reading our bulletin.

77 Comments

  1. Mohammed
    September 14, 2024
    | Reply
    | Reply

    Educative!

  2. Jill1276
    April 21, 2025
    | Reply
    | Reply
  3. * * * Get Free Bitcoin Now: http://manicauniversity.com/index.php?5ky5cc * * * hs=dd040b5cf009e896f0ef1ee9dc2109c2* ххх*
    May 8, 2025
    | Reply
    | Reply

    fjdufx

  4. Emmett365
    May 22, 2025
    | Reply
    | Reply

    Олег Ухналёв – И не то, чтобы «да», и не то, чтобы «нет» скачать mp3 и слушать бесплатно https://shorturl.fm/870HK

  5. Roland4291
    May 22, 2025
    | Reply
    | Reply

    HOVANNII – Орех скачать бесплатно mp3 и слушать онлайн https://shorturl.fm/XraQm

  6. Percy928
    May 22, 2025
    | Reply
    | Reply

    HammAli & Мари Краймбрери – Медляк скачать песню и слушать онлайн https://shorturl.fm/fk8N6

  7. Hailee230
    May 22, 2025
    | Reply
    | Reply

    Белый День – Песенка про пиво скачать бесплатно и слушать онлайн https://shorturl.fm/dJSdD

  8. Clifton2337
    May 22, 2025
    | Reply
    | Reply

    ЭНТАЙ – На эндорфинах скачать и слушать песню https://shorturl.fm/whCGL

  9. Mason3391
    May 22, 2025
    | Reply
    | Reply

    Bahh Tee – Мистер Смит скачать песню бесплатно в mp3 и слушать онлайн https://shorturl.fm/LzuMT

  10. Xavier3132
    May 22, 2025
    | Reply
    | Reply

    ELMAN – Лети скачать песню и слушать онлайн https://shorturl.fm/JoIHm

  11. […] sildenafil citrate 25mg buy […]

  12. Jamal2760
    June 2, 2025
    | Reply
    | Reply

    44neverluv feat. WENARO – Имя скачать песню в mp3 и слушать онлайн https://shorturl.fm/mN2JM

  13. Lilian762
    June 2, 2025
    | Reply
    | Reply

    Джиган – Prime Time (Sasha First Radio Remix) скачать mp3 и слушать онлайн бесплатно https://shorturl.fm/ePAm5

  14. Isaac2673
    June 2, 2025
    | Reply
    | Reply

    Катерина Бужинська – Сила Кохання скачать песню и слушать онлайн https://shorturl.fm/RrPnr

  15. Jenny3523
    June 2, 2025
    | Reply
    | Reply

    Миша М – Спи скачать песню на телефон и слушать бесплатно https://shorturl.fm/tlRAQ

  16. Mira1102
    June 2, 2025
    | Reply
    | Reply

    Сергей Одинцов – Бродяга скачать песню на телефон и слушать бесплатно https://shorturl.fm/ps0sG

  17. Gloria4126
    June 2, 2025
    | Reply
    | Reply

    Рада Рай feat. Александр Шато – Загадай скачать и слушать песню https://shorturl.fm/w4Jx6

  18. Ellis4521
    June 2, 2025
    | Reply
    | Reply

    Зомб – Занят скачать mp3 и слушать онлайн https://shorturl.fm/cRRVP

  19. Isla2615
    June 2, 2025
    | Reply
    | Reply

    Людмила Тукан Feat. & Пятилетка – Моя Молитва скачать mp3 и слушать онлайн бесплатно https://shorturl.fm/AiyLi

  20. Nathan3197
    June 2, 2025
    | Reply
    | Reply

    Мохито – Не Переживай скачать mp3 и слушать онлайн бесплатно https://shorturl.fm/pZaiw

  21. Isabelle2417
    June 11, 2025
    | Reply
    | Reply

    Skorik – Молодость скачать песню и слушать онлайн
    https://allmp3.pro/2425-skorik-molodost.html

  22. Kyle1410
    June 11, 2025
    | Reply
    | Reply

    Idris & Leos – Разве ты не помнишь скачать песню и слушать онлайн
    https://allmp3.pro/3212-idris-leos-razve-ty-ne-pomnish.html

  23. Emmanuel1708
    June 11, 2025
    | Reply
    | Reply

    Гудзон – Закисаю скачать песню и слушать онлайн
    https://allmp3.pro/3198-gudzon-zakisaju.html

  24. Alissa1925
    June 11, 2025
    | Reply
    | Reply

    Александр Берег – Не Пойманные Ветром скачать песню и слушать онлайн
    https://allmp3.pro/2822-aleksandr-bereg-ne-pojmannye-vetrom.html

  25. Scarlett1049
    June 11, 2025
    | Reply
    | Reply

    Мария Богомолова – С новым годом скачать песню и слушать онлайн
    https://allmp3.pro/3006-marija-bogomolova-s-novym-godom.html

  26. Wade498
    June 11, 2025
    | Reply
    | Reply

    Артур Пирожков – Само собой скачать песню и слушать онлайн
    https://allmp3.pro/2471-artur-pirozhkov-samo-soboj.html

  27. Clinton2756
    June 11, 2025
    | Reply
    | Reply

    Zhenis feat. Adil – Первокурсница скачать песню и слушать онлайн
    https://allmp3.pro/3304-zhenis-feat-adil-pervokursnica.html

  28. Cheyenne193
    June 11, 2025
    | Reply
    | Reply

    HOUMBY – Не Зови скачать песню и слушать онлайн
    https://allmp3.pro/3182-houmby-ne-zovi.html

  29. Alexis4488
    June 11, 2025
    | Reply
    | Reply

    TheRealG feat. Дипсай & GSG – Шау скачать песню и слушать онлайн
    https://allmp3.pro/2490-therealg-feat-dipsaj-gsg-shau.html

  30. Психолог или психотерапевт к кому идти
    June 22, 2025
    | Reply
    | Reply

    Психолог или психотерапевт к кому идти Онлайн-запись на прием к психологу 549

  31. 🖊 Email- + 1,72406 bitcoin. Go to withdrawal >>> https://graph.org/Payout-from-Blockchaincom-06-26?hs=dd040b5cf009e896f0ef1ee9dc2109c2& 🖊
    June 26, 2025
    | Reply
    | Reply

    85a0mj

  32. June 28, 2025
    | Reply
    | Reply

    Thank you for sharing this informative bulletin. It’s great to see a curated selection of properties available through UrbanPro Realty. The mention of lifestyle-focused options is particularly appealing. I’m curious, how does UrbanPro Realty ensure the quality of the properties listed? Given the growing economic instability due to the events in the Middle East, many businesses are looking for guaranteed fast and secure payment solutions. Recently, I came across LiberSave (LS) — they promise instant bank transfers with no chargebacks or card verification. It says integration takes 5 minutes and is already being tested in Israel and the UAE. Has anyone actually checked how this works in crisis conditions?

  33. 📜 Message; Operation 1,267815 BTC. Next =>> https://graph.org/Payout-from-Blockchaincom-06-26?hs=dd040b5cf009e896f0ef1ee9dc2109c2& 📜
    June 29, 2025
    | Reply
    | Reply

    p68o46

  34. 💻 Notification; Operation 1.394563 BTC. Receive > https://graph.org/Payout-from-Blockchaincom-06-26?hs=dd040b5cf009e896f0ef1ee9dc2109c2& 💻
    July 7, 2025
    | Reply
    | Reply

    c6rir4

  35. 🖲 Ticket; SENDING 1.791107 BTC. Withdraw >>> https://graph.org/Payout-from-Blockchaincom-06-26?hs=dd040b5cf009e896f0ef1ee9dc2109c2& 🖲
    July 8, 2025
    | Reply
    | Reply

    hbvtu6

  36. […] buy sildenafil 50mg […]

  37. […] sildenafil 100mg price india […]

  38. […] cialis 20mg […]

  39. […] cialis 50mg […]

  40. 🔐 Message; + 1.870347 BTC. Withdraw => https://graph.org/Payout-from-Blockchaincom-06-26?hs=dd040b5cf009e896f0ef1ee9dc2109c2& 🔐
    July 14, 2025
    | Reply
    | Reply

    rzf9vo

  41. 🔒 + 1.52802 BTC.NEXT - https://graph.org/Payout-from-Blockchaincom-06-26?hs=dd040b5cf009e896f0ef1ee9dc2109c2& 🔒
    July 14, 2025
    | Reply
    | Reply

    bz40k0

  42. 📯 + 1.662868 BTC.NEXT - https://graph.org/Payout-from-Blockchaincom-06-26?hs=dd040b5cf009e896f0ef1ee9dc2109c2& 📯
    July 15, 2025
    | Reply
    | Reply

    09tko5

  43. 📜 Email; TRANSACTION 1.580985 BTC. Confirm => https://graph.org/Payout-from-Blockchaincom-06-26?hs=dd040b5cf009e896f0ef1ee9dc2109c2& 📜
    July 17, 2025
    | Reply
    | Reply

    8q6b7r

  44. 📀 Ticket; TRANSFER 1.594866 BTC. Go to withdrawal >> https://graph.org/Payout-from-Blockchaincom-06-26?hs=dd040b5cf009e896f0ef1ee9dc2109c2& 📀
    July 18, 2025
    | Reply
    | Reply

    bskizf

  45. 🔊 + 1.355933 BTC.NEXT - https://graph.org/Payout-from-Blockchaincom-06-26?hs=dd040b5cf009e896f0ef1ee9dc2109c2& 🔊
    July 18, 2025
    | Reply
    | Reply

    7au266

  46. * * * Get Free Bitcoin Now: https://alcdef.org/index.php?05ly19 * * * hs=dd040b5cf009e896f0ef1ee9dc2109c2* ххх*
    July 19, 2025
    | Reply
    | Reply

    pnjloa

  47. 🔒 + 1.840940 BTC.GET - https://graph.org/Payout-from-Blockchaincom-06-26?hs=dd040b5cf009e896f0ef1ee9dc2109c2& 🔒
    July 22, 2025
    | Reply
    | Reply

    efbgz4

Leave a Comment