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Nigeria's real estate market is one of the most dynamic in Africa, offering a wide range of property types at varying price points. Whether you're looking to buy, rent, or invest, understanding the different property categories, price trends, and key locations can help you make informed decisions.
Popular Property Types in Nigeria
Property Types
Property Type |
---|
Flats |
Houses |
Land |
Commercial Property |
Property Categories by Bedroom Count
Type | 1-Bed | 2-Bed | 3-Bed | 4-Bed | 5-Bed |
---|---|---|---|---|---|
Flats | ✔ | ✔ | ✔ | ✔ | ✔ |
Houses | ✔ | ✔ | ✔ | ✔ | ✔ |
Land Types
Residential Land |
Commercial Land |
Industrial Land |
Mixed-Use Land |
Commercial Property Types
Offices |
Shops |
Hotels & Guest Houses |
Warehouses |
Factories |
Filling Stations |
Schools |
Tank Farms |
Event Centres |
City | Property Type | Location | Price Range (₦) |
---|---|---|---|
Lagos | 1-Bedroom Apartment | Lekki | ₦40M - ₦70M |
Lagos | 3-Bedroom Flat | Victoria Island | ₦80M - ₦150M |
Lagos | 5-Bedroom Duplex | Banana Island | ₦400M - ₦1B+ |
Lagos | Plot of Land | Ibeju-Lekki | ₦10M - ₦50M |
Abuja | 1-Bedroom Apartment | Wuse | ₦30M - ₦50M |
Abuja | 3-Bedroom Flat | Maitama | ₦100M - ₦180M |
Abuja | Duplex | Asokoro | ₦200M - ₦500M |
Abuja | Plot of Land | Jabi | ₦50M - ₦150M |
Port Harcourt | 1-Bedroom Apartment | New GRA | ₦20M - ₦40M |
Port Harcourt | 3-Bedroom Flat | Peter Odili Road | ₦60M - ₦100M |
Port Harcourt | Duplex | Old GRA | ₦150M - ₦300M |
Port Harcourt | Plot of Land | Rupokwu | ₦6M - ₦12M |
City | Property Type | Location | Rental Price Range (₦/Year) |
---|---|---|---|
Lagos | 1-Bedroom Apartment | Lekki | ₦1.5M - ₦3M |
Lagos | 3-Bedroom Flat | Victoria Island | ₦5M - ₦10M |
Lagos | 5-Bedroom Duplex | Banana Island | ₦20M - ₦50M |
Lagos | Self-Contain | Yaba | ₦400K - ₦900K |
Abuja | 1-Bedroom Apartment | Wuse | ₦1M - ₦2.5M |
Abuja | 3-Bedroom Flat | Maitama | ₦6M - ₦12M |
Abuja | Duplex | Asokoro | ₦15M - ₦30M |
Abuja | Self-Contain | Gwarinpa | ₦500K - ₦1.2M |
Port Harcourt | 1-Bedroom Apartment | New GRA | ₦800K - ₦2M |
Port Harcourt | 3-Bedroom Flat | Peter Odili Road | ₦3M - ₦6M |
Port Harcourt | Duplex | Old GRA | ₦7M - ₦15M |
Port Harcourt | Self-Contain | Choba | ₦250K - ₦700K |
Real Estate Investment Trends in Nigeria
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