Port Harcourt is Nigeria’s Safest Real Estate Haven
Known as the oil-rich capital of Rivers State, Port Harcourt’s suitability for an array of activities has made it a popular location for real estate developers and investors - a deviation from its origins as a thoroughfare for coal coming from Eastern Nigeria. This has resulted in an impressive rise in demand for real estate such as houses for rent, land for sale or apartments for rent, matching Abuja and closing in on Lagos.
Divided into urban and new layout areas, the developed city, which was named after a former secretary of defunct Eastern Nigeria, is joined by the Greater Port Harcourt City. Upon completion, this new location will transcend nine local government areas ahead of its completion as a world-class city with top notch facilities and infrastructure.
The proposed city will be home to a large number of luxury designs and multifarious residential units. Beyond its residential arm, it will have sports, educational and leisure offerings.
These will join the city's current architectural offerings, that include detached and semi detached, terraced and other houses for rent and for sale, and are occupied by a diverse population of foreigners and indigenes. As the corporate headquarters of many oil companies, Port Harcourt has a sizeable expatriate population living within it.
Houses for Rent are Becoming More Popular by the Day
Port Harcourt's urban areas include Old and New Government Reserved Areas, and GRA III. A detached four-bedroom house for sale with two-bedroom boys quarters and a sizeable swimming pool can be rented for around N1.5M per annum, while a five bedroom detached structure, Off Odili Road could be let for around N4m per annum.
The urban areas are known for retail, recreational and social activities. Popular locations are the Spar Mall on Aba Road, the Silverbird Cinema and the Polo Club, which hosts sporting and social activities.
Hotels like the Presidential and Le Meridien are also weekend getaways for prospective residents with their array of couple and family packages. Movement is complemented by private and public transport services.
Port Harcourt's industrial areas of Eleme and Trans Amadi, lie close to the city's functional sea port and also have an offering of land options. Apart from being accessible via a network of intra and inter-state roads, Port Harcourt also has an airport catering for local and international flights.
Prospective house hunters will benefit from adequate security in a location suited for multifarious activities.
Happy House Hunting in the Garden City!