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Houses for Sale in Lagos - Nigerian Real Estate | Jumia House

Lagos Homes for Sale Bring Significant Benefits

Houses for Sale in Lagos

Lagos, a highly populated metropolitan region in West Africa, is the financial nerve center of Nigeria and attracts investors from all over Africa and the world at large. It consists of the Island, the Mainland and the Peninsula. Lagos is a well-developed state with good infrastructural facilities, which should most definitely be considered when seeking out houses for sale in Lagos. There are good road networks, a working public transportation system which operates BRT buses, the popular yellow commuter buses known as danfos, tricycles and motorcycles.

Generally, the standard of living in this state, which has the slogan ‘Centre of Excellence’ is good, and Lagos homes draw up a lot of accolades. Lagos has a federal university - The University of Lagos, a state university -LASU (Lagos State University), satellite campuses of universities like the University of Ibadan, polytechnics, colleges of education, vocational centres, The Lagos Business School, the Nigerian law school and several private and public primary and secondary schools that make up its educational system.

Houses for Sale in Lagos Cater to All Tastes and Budgets

Prices of houses in Lagos vary according to location and structure. Some of the most exclusive real estate property in Nigeria can be found in places like Victoria Island, Lekki Phase 1 and Ikoyi and are very expensive. This is largely due to the fact that some of these places do not have properties for sale and old properties have to be demolished for new structures to be erected. As a result, to recoup losses, investors in this kind of properties usually build mostly commercial real estate properties or mini estates. Thus in places like Ikeja GRA and Lekki, houses for sale are built with the elites in mind and are usually premium-priced. Though nowadays,with the Lagos homes mortgage scheme , it is possible to own one of these properties.

Lagos Homes Gbagada

In these places, you would find block of flats for sale, terraced duplexes for sale and apartments for sale, while in places like Lekki and Ajah, serviced apartments are very common. More mainstream areas include places on the mainland such as Surulere and Yaba, with pricing based on location, condition of infrastructure and accessibility. Here, houses for sale come mostly in bungalows, duplexes and blocks of flats. Yaba in particular still has some colonial era structures.

Lower profile neighbourhoods include areas like Ajegunle, Shomolu and Idi Araba. Houses for sale in Lagos are apportioned into self-contained apartments or block of flats that are mostly two-bedroom flats. A lot of them are trying to phase out the face-me-i-face you (roomlets) trend and newer structures favour this trend more.

You can get a tastefully fully furnished bungalow at N450, 000, 000. On the other hand, a bungalow at Afolabi Ketu would go for N300, 000. However, if you’re looking at renting a mansion, a 7 bedroom detached mansion with a private jetty in Banana Island can be purchased at N4, 200, 000, 000. An uncompleted house at Cele Bus stop, Mangoro, can be bought at N4, 000, 000 only.

All the best getting the perfect Lagos homes!

Prices Calculated in 2015
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