Nigeria Property Centre
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Property news, tips & advice.

Market trends, neighbourhood guides and practical know-how for buyers, renters and agents across Nigeria.
Featured Buying & Selling

Lagos State Set To Deploy Geographic Information System (GIS)

If feelers from the Lagos State Government is anything to go by, the State is poised to launch a state-of-the-art Geographic Information System (GIS) which it believes will facilitate issuance of Land titles such as Land Information Certificate's, Consent Letter's, Certificates of Occupancy (C of O) amongst others.

D
Don Okereke Jan 20, 2014 · 2 min read

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Popular Places to Rent in Lagos, Nigeria

Renting & LettingDec 16, 2013

Popular Places to Rent in Lagos, Nigeria

Nigeria Property Centre, the best website to find properties in Nigeria, today released popular places to rent a 3-bedroom apartment within Lagos state, Nigeria based on the extensive data and information found and listed on their website.

K Kanayo 2 min read

NewsDec 5, 2013

Exorbitant Rent, etc. Chases Wal-Mart, Woolworth Out of Nigeria

There was so much excitement in the air several months ago when news filtered in that renowned global brands such as Wal-Mart, Woolworth et al were coming into Nigeria to do business. However it appears the duo of Wal-Mart and Woolworth are struggling to thrive in the profitable but shark infested business climate in Nigeria. There are strong indications that the aforementioned retail chains are set to pull out of Nigeria due to what they called ‘unfavorable business climate’.

D Don Okereke 2 min read

NewsDec 5, 2013

$300 Million Earmarked for Social Housing Scheme in Nigeria

There is some cheery news for prospective home/house owners in Nigeria. Nigeria’s Federal Executive Council recently approved the request of the Minister of Finance, Dr. Ngozi Okonjo-Iweala, to secure a $300 million loan from the International Development Association Housing Projects in Nigeria. Housing demand exceeds its supply and this has a multiplier-effect on rents. It is estimated that Nigeria needs more than 700,000 housing units annually as against the current 100,000 units available.

D Don Okereke 2 min read

Renting & LettingNov 20, 2013

Hints (Do’s and Don’ts) of Renting an Apartment/Office Space in Nigeria

Searching for and renting an apartment in Nigeria is undoubtedly an arduous task. The Nigerian Public Space is awash with acerbic and nasty tales associated with renting. A lot of people have fallen and continue to fall prey to the caprices, schemes of some unscrupulous so-called "Estate Agents" and landlords hence the need to bring this to the front burner. A while ago, a family friend "lost" a substantial amount to a so-called "estate developer" that absconded with his money and that of five others.

D Don Okereke 5 min read

InvestmentNov 19, 2013

Is Real Estate in Nigeria Over-Valued?

There is no doubt that real estate is thriving and will continue to be attractive in Nigeria in view of the fact that our enormous population is truly devoid of sufficient accommodation. However it will help if we are a bit more savvy, discerning and not carried away by façade, sales pitch. Juxtapose the current Real Estate windfall with the boom and subsequent bust in Stock prices in Nigeria a while ago which sent some people to their early graves.

D Don Okereke 3 min read

Buying & SellingNov 16, 2013

Before Buying Land in Nigeria, Read this! (by Oke Onyehara)

It is crucial to engage the services of a legal professional to carry out investigation at the land registry and surveyor-general's office to verify if the co-ordinates have not been flown(falsifying the survey plan by doctoring co-ordinates to read as free from all encumbrance whilst property falls within a government committed land) or if you're buying from the natives (Omoniles) make sure you are dealing with the principal/accredited members of the family.

O Oke Onyehara 3 min read

Buying & SellingNov 4, 2013

Buying Land in Nigeria - How to avoid tricks by Dodgy Surveyors

Everyone knows that I have been a foremost promoter of doing a survey plan search with a surveyor before buying and if possible going to the land with an Alausa Surveyor to confirm whether it is free from acquisition or not. Well I also fell victim of dodgy surveyors I recommended to people that ended up colluding with the omoniles to decieve buyers and me. Such instances occured in Okun Ajah, Mopo Ibeju, Sangotedo, Ikorodu, lafiaji, Eputu, Akowonjo and Mowe.

O Oke Onyehara 13 min read

InvestmentNov 4, 2013

The 14 Fastest Growing Business, Investment and Career Opportunities in Nigeria - Part 4

Uninterrupted Power Supply- Yes Power Holding Company of Nigeria (PHCN) is been unbundled and privatized; there is hope that electricity supply will improve soon and this will resuscitate hitherto moribund businesses. Business ideas and careers entwined around uninterrupted power supply will witness a boom.

D Don Okereke 3 min read