For many Nigerians, owning property in Lagos or Abuja remains a powerful symbol of success,
stability, and long-term security. These two cities which are Nigeria’s commercial and political
capitals have long dominated the real estate scene, attracting investors from within and outside
the country. Beyond prestige, there are compelling economic and strategic reasons why right
now might be the best time to invest in property in either city.
In the face of Nigeria’s changing economy, evolving infrastructure, and demographic trends, the
property market in Lagos and Abuja presents unique opportunities for both short-term gains and
long-term wealth creation.
1. Property Prices Are Stabilizing After a Period of Volatility
Over the past few years, Nigeria’s real estate market, like many others across the globe, has
seen its fair share of ups and downs. The pandemic disrupted construction timelines and slowed
down demand temporarily, while inflation and rising building material costs have added pressure.
However, as of 2025, prices in many parts of Lagos and Abuja are beginning to stabilize.
This period of stabilization creates a window of opportunity for investors. Developers eager to
maintain cash flow are offering flexible payment plans, pre-sale discounts, and creative financing
options. Buyers who act now can secure properties at favorable prices before the next wave of
urban expansion and infrastructural upgrades drives values upward again.
2. The Naira’s Fluctuation Makes Real Estate a Safe Haven
With Nigeria’s currency experiencing periodic depreciation, many individuals are looking for
stable ways to preserve and grow their wealth. Real estate, particularly in high-demand cities like
Lagos and Abuja, provides a solid hedge against inflation and currency volatility.
Unlike holding cash or investing in speculative assets, property retains intrinsic value. Rental
income especially from short-let apartments and serviced flats can generate steady returns in
either naira or foreign currency. For diaspora Nigerians sending money home, buying property
now allows them to take advantage of the exchange rate and lock in valuable assets that will
appreciate over time.
3. Government Policies and Infrastructure Are Boosting Property Values
Both Lagos and Abuja are undergoing massive infrastructure transformations designed to improve connectivity and quality of life. Lagos, for example, has seen continued expansion of the Lekki-Epe Expressway, the ongoing Lagos-Calabar Coastal Highway, and the opening of the Blue and Red rail lines. These projects are reshaping accessibility and making once-distant areas like Ibeju-Lekki, Epe, and Badagry more attractive for residential and commercial investment.
In Abuja, government-backed projects in areas like Guzape, Katampe Extension, and Lokogoma
are spurring development, while improved road networks and security initiatives are increasing
investor confidence. As infrastructure expands, property values in previously overlooked neighborhoods are expected to surge, rewarding early buyers handsomely.
4. A Young and Growing Population Is Driving Demand
Nigeria’s population over 220 million and still growing is the largest in Africa. Lagos and Abuja
remain the top migration destinations, attracting young professionals, entrepreneurs, and
families seeking better economic opportunities. This rapid urbanization is putting enormous
pressure on the housing supply.
Experts estimate that Nigeria faces a housing deficit of over 28 million units. In Lagos alone,
demand continues to far outstrip supply, especially for affordable and middle-income housing.
This consistent demand means that properties purchased today are unlikely to sit idle. Whether
for residential use or as rental investments, property owners can expect sustained occupancy
and value growth for years to come.
5. Technology and Transparency Are Making Real Estate Safer
The Nigerian real estate market has historically been plagued by concerns about fraud and land
ownership disputes. However, the rise of proptech (property technology) is helping to improve
transparency and buyer confidence. Verified listings, digital land registries, virtual tours, and
secure transaction platforms are reducing the risk of fraud and making property acquisition more
straightforward than ever.
In Lagos and Abuja, credible developers are also becoming more regulated and professional.
Working with certified real estate companies like Brains and Hammers and verified agents
ensures that investors can buy with confidence something that was more challenging in the past.
6. Short-Let and Commercial Property Demand Is Growing
Beyond traditional housing, there’s a booming demand for short-let apartments, especially in
upscale neighborhoods like Lekki, Ikoyi, Victoria Island, Wuse, and Jabi. With an influx of
business travelers, expatriates, and tourists, these properties can generate strong monthly
returns. Similarly, commercial real estate office spaces, co-working hubs, and retail outlets
continues to expand alongside Nigeria’s growing digital economy.
Buying property now gives investors an opportunity to position themselves before prices in these
prime areas increase even further.
7. The Diaspora Is Investing Heavily—Don’t Be Left Behind
Remittances from Nigerians abroad reached over $20 billion in recent years, much of it
channeled into real estate. Developers are now creating diaspora-focused projects with easy
payment structures, title verification, and guaranteed returns. This surge of interest is driving
competition for prime properties. Acting now allows local investors to get ahead of rising prices
driven by this foreign
Real estate has always rewarded those who act decisively. In Lagos and Abuja, the perfect mix of
infrastructure growth, market stabilization, favorable exchange conditions, and demographic
momentum is creating a unique investment moment. Whether you’re a first-time buyer seeking stability, an investor looking for rental income, or a
diaspora Nigerian planning to own a piece of home, now is the time to make your move.
