Property in Nigeria for Sale, Rent or Lease

Nigeria Property Marketplace

Property in Nigeria for Sale, Rent or Lease · Find prices, sizes and real estate types of Commercial, Residential Land Property of Land, Houses or Duplexes for Sale in Nigeria

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Nigeria Property Marketplace FAQ ( Frequently Asked Questions

How much is the average property in Nigeria?

To find how much is the average property in Nigeria? The average price of property for sale in Nigeria is ₦75,000,000. This can be categorize with by location, price features and sizes, range from ₦8,50,000 to ₦10,000,000. At the moment, we have about 300 available property in Nigeria for Sale.

Can I buy property in Nigeria?

YES, Nigerian in Diaspora can buy property in Nigeria by obtaining a relevant documents from the government of the state of the president of the Federal Republic of Nigeria such as Government Allocation, Governors Consent, Certificate of Occupancy etc,. and Foreign individuals and entities can only get leasehold. Although The Land Use Act of 1978 is a law that governs land ownership and administration in Nigeria and section 1 of the Act states.

  •  Section 1 of the Act limits the ownership of land to Nigerians.
  • No outright ownershipForeigners are not permitted to own land outright. 
     
  • Leases: Foreigners can acquire leasehold agreements of property in Nigeria for up to 99 years. 
     
  • Short-term interestsForeigners can acquire short-term interests in land in the form of yearly tenancies or leases of up to 3 years. These short-term interests do not require government approval. 
     
  • Company ownershipForeign investors can acquire real property in Nigeria through a Nigerian-registered company or entity. 

How do I find property buyers in Nigeria?

Families, friends, well wishers and agents do have buyers that have inform them that they are looking for particular properties; your real estate can easily be sold this way. Aside from this, real estate buyers in Nigeria do visit these agents/realtors for enquiries of properties in different parts of Nigeria. Visit Nigeria Property Market to sell or buy property in Nigeria fast.

 

Is it better to buy or build a house in Nigeria?

Is it better to buy or build a house in Nigeria? The main advantage of building is you can do it at your pace financially if you have your eyes on ground. To buy, is most likely the safest for people in diaspora or working with no much time, so as to save them stress and loss of huge money to builder and others.

What are the advantages of purchasing in Nigeria

Purchasing a property in these areas (Lagos, Lekki, Ajah, Apapa, Ketu,Epe, Ikoyi, Ikorodu, Lagos Island, Ikeja, Maryland, Imota, Port Harcourt, Kano, Ibadan, Benin City, Abuja, Maitama, Garki, Asokor, Durban, Wuse, Jabi, Jikoyi, Aco, Aba, Jos, Ilorin, Zaria, Kaduna, Enugu, Warri, Buguma, Akodo-Ise, Ibeju-Lekki, Gbongan, Birnin Kebbi, Gombe, Ashaka, Akko, Funakaye, Bajoga, Yola, Wukari, Ungogo, Nasarawa, Asaba, Uyo, Akure, Akoko Ikare, Akoko Iddo, Abeokuta, Ijebu-Ode, Ijebu-Igbo, Ijebu-Waterside, J4, Ibiade, Abigi, Oyo, Oyo Town, Lanlate, Igbo-Ora, Iddo, Iwo Road, Owerri, Ilesa, Calabar, Ikot Abasi, Ikot Ekpene, Nnewi, Minna, Ilobu, Bida, Awka, Okrika, Sagamu, Ozubulu, Ado Ekiti, Oye-Ekiti, Aramoko) means investing in some of the most prestigious and sought-after locations, offering a unique blend of luxury, security, and high quality of life. These areas are known for their natural beauty, exclusive amenities, and strong property value retention.

Improved resale value, Better quality of life, Flexible payment options, Secure purchase below market value, Diverse opportunities, Safety and security, Prime location: Lekki is located in the upscale financial, business, and market district of Lagos.

What services do Nigeria Property Marketplace offer in purchasing properties?

Nigeria Property Marketplace personalized consultation for purchasing luxury properties, including custom property searches, negotiation assistance, and support throughout the entire acquisition process, including connections with industry professionals such as real estate consultants, surveyors, lawyers and notaries.

Do you offer property management services?

Yes, we offer comprehensive property management services for luxury homes, including maintenance, rental management, and oversight of daily operations to ensure your investment is always in top condition.

How can I attract Potential Buyers in a competitive market?

Demand for property in Lekki is high and increasing due to safety and security as the axis is protected by law enforcement and has well-equipped hospitals with better quality of life including a diverse metropolitan area with a good quality of life.

What factors influence the price of a home in the Nigeria Property Market?

  • Prime location: Nigeria is located in the upscale financial, business, and market district.
  • High demand: Demand for property in Nigeria is high and increasing.
  • Safety and security: Nigeria is protected by law enforcement and has well-equipped hospitals.
  • Better quality of life: Nigeria is a diverse metropolitan area with a good quality of life.
  • Established real estate market: Nigeria has a good track record for buying and selling property.
  • Improved resale value: Property values in Nigeria are expected to rise steadily over time, providing a substantial return on investment.
  • Better neighbors: Most area in Nigeria’s luxury housing projects are considered a good environment for children to grow up in and adults to socialize in.
  • Diverse opportunities: Ibeju Lekki offers a wide range of investment options, including residential plots, commercial properties, and mixed-use developments.
  • Flexible payment options: Some property sellers offer flexible payment plans.
  • Secure purchase below market value: Buying property off-plan can sometimes offer the opportunity to purchase at below market value.

What should I consider before buying property in Nigeria?

Before purchasing a home, it’s essential to assess various factors such as your financial standing, long-term objectives, authenticity and lifestyle needs. Consider your credit score, budget, and other financial metrics, as well as your plans for the future, to determine the type of property that would be most suitable for you.

    • Verify the Property Title: Get a Surveyor to do a land/property search (although a lot of buyers are not wanting to pay just a little to get the information needed before buying a property, but I will tell you that what if you are not lucky, what will you do? And a Lawyer for proper documentation
    • Inspect the Physical Condition: Get information from the soil texting and in fact if it is possible to get a structural engineer to do a proper and thorough investigation before buying.
    • Evaluate the Location and Accessibility: Every axis in Lekki axis has good layout, but some areas are not yet tarred, so, do not listen to a suger-coated agent, inspect and be sure about what you are buying
    • Check for Flood Risks: Wait till the flood is opened to know whether the place is good for you or not

Can I arrange a virtual tour for a property I'm interested in?

Absolutely. We offer detailed and personalized virtual tours for every property, allowing you to explore homes from anywhere in the world. Contact us to schedule a virtual tour appointment.

What marketing strategies can I use to sell my home?

Effective marketing strategies can significantly impact how quickly you sell your home and at what price. Traditional methods like print advertising and open houses still hold value. However, online marketing has taken center stage in today’s digital world. This includes listing your home on multiple real estate websites, using social media to generate interest, digital ad campaigns, and leveraging email campaigns. High-quality photos, videos, virtual tours, and even drone footage can enhance your listing’s online presence.

What is the standard commission for a Real Estate agent?

Real estate agents work on a commission basis, making a percentage of the sale or purchase price of the home their client is buying or selling. Typically, as a buyer or a seller, you’ll pay between 5% and 25 percentage depending on the agreement and contract signed by parties of the sale price of the total serving as the buyer’s or seller’s agent’s commission

What are the advantages of buying over renting?

Buying a home offers several advantages over renting, including the opportunity to build equity, freedom to customize your living space, potential tax benefits, and the possibility of earning rental income. Over time, property investment often appreciates, potentially making it a lucrative long-term investment.

Areas in Nigeria where you can Buy Property in Nigeria

Sell & Buy Property in Nigeria: real estate website in Nigeria to buy and sell commercial & residential house, apartment, flats, duplex, & land for sale in Nigeria. Browse through hundreds of properties for Sale and for Rent in Nigeria with each listing filled with detailed information, maps and photos. Our comprehensive library of listings contains all the different property types – with the latest Flats for sale, Stunning Duplexes, Land for Sale, Houses for Sale, Commercial Properties on Nigeria Property Marketplace

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How is the selling price for my home determined?

The selling price of your home is generally determined through a process called Comparative Market Analysis (CMA). This involves evaluating similar properties in your area that have recently sold, are currently listed, or were listed but did not sell. Factors such as location, size, age, condition, and unique features of your property are considered. Working with a seasoned real estate professional will help you accurately price your home to attract buyers while maximizing your return.

Property for Sale in Nigeria | Nigeria Property Marketplace is a real estate website in Nigeria to buy and sell commercial & residential house, apartment, flats, duplex, & land for sale in Nigeria. We connect property seekers to sellers and tenants to landlords seeking new homes in Nigeria

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Property for Sale in Nigeria | Nigeria Property Marketplace have built an outstanding team of experienced individuals, all of who are passionate about offering the best customer service & helping client wishing to Buy Property in Nigeria. Furthermore, we will provide you with unparalleled professionalism, support and guidance. It is without a doubt our goal to deliver an absolutely stress-free and smooth process to all our clients on this property website in Nigeria.

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Reach out to our team of experts to get personalized assistance and guidance on Real Estate Property in Nigeria for Sale & Rent or your real estate journey via Nigeria Property Marketplace.

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