Investors
In just 75 years, Lagos has grown from a small coastal city to a megacity. Conservative estimates put the population at roughly 17 million, while others claim it has already surpassed 20 million. Alongside this growth, rising demand from the Nigerian diaspora, a housing deficit of around 3 million units, reforms by the current administration and Nigeria’s strengthening position in the oil value chain continue to create meaningful opportunities for investors.
Yet for many investors, Lagos’ real estate sector can feel opaque and too high-risk — shaped by a disparate business culture, questionable developers and contractors and regulatory challenges. Nigeria, for instance, ranked 131 out of 190 in the World Bank’s final Ease of Doing Business Index.
The useful news is that these risks are mitigable. As with investments everywhere, risks cannot be eliminated — but they can be managed. For investors who approach the market with professional rigor, Lagos real estate can offer something rare: surface-level uncertainties paired with the potential for deep, long-term value.
How Trump’s Threat to Go into Nigeria “Guns-A-Blazing” Reminds Us of Some of the Risks of Investing in Lagos Real Estate — and How to Mitigate Them
With Trump announcing that he had begun “instructing [the] Department of War to prepare for possible action” in Nigeria if the Nigerian government does not act swiftly on its insecurity challenges, this reminds us of some of the risks involved in investing in Lagos’ real estate — and how to mitigate them.
The Case of 33 Unclaimed Dead Bodies in a Nigerian Morgue and Reflections on Lagos Real Estate Developers
The BBC reported that thirty-three bodies lay dead and unclaimed in a Nigerian hospital. Some of the bodies had been lying there unclaimed for up to eighteen years.
Across Nigeria and the world, the topic of abandonment extends far beyond hospitals and personal relationships — it also touches real estate. While some Lagos real estate developers have abandoned projects in response to macroeconomic challenges, some strong developers manage to overcome pressures and innovate, renegotiate or refinance.
Aging Alone in Lagos: The Social Impact of Japa — and a Growing Real Estate Opportunity
Loneliness — especially amongst the elderly — may be quietly becoming one of Lagos’ most pressing social challenges. This is notable as being socially disconnected has been described as having a similar effect on mortality as smoking 15 cigarettes a day.
Ulé — a new, exclusive retirement home in Lakowe Lakes Golf & Country Estate centred around wellness, connectivity and nature — offers a solution.
