In a recent announcement, Governor Babajide Sanwo-Olu of Lagos State disclosed that the government is currently reviewing the Property Law of Lagos State 2010 and the Rental Law of Lagos State 2011. This revelation was made during the 5th Lateef Jakande Housing Lecture Series organized by the Real Estate Developers Association. Governor Sanwo-Olu emphasized that the objective of the review is to...
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Experts Advocate Cross-Border Collaboration and Affordable Mortgages for African Real Estate Growth A call to remove barriers hindering cross-border transactions and promote collaboration among real estate professionals in Africa has been emphasized by experts. The urgency to implement accessible and affordable mortgage rates across the continent was also highlighted, along with the removal of critical...
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Welcome, fellow investors and real estate enthusiasts, to a journey that promises to unveil the untapped opportunities in Nigeria’s dynamic property market. As a seasoned real estate professional, I am thrilled to guide you through the intricacies of rental property investments in this vibrant West African nation. In recent years, Nigeria has emerged as a hotspot for savvy investors seeking not only...
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The latest data from the Nigerian Institution of Estate Surveyors and Valuers (NIESV), Lagos branch, reveals a substantial upswing in land prices, activity, and interest within the Lagos property market. Over the past five years, Ogudu led the upper-profile growth at 275%, followed closely by Banana Island at 225%, Ikoyi at 203%, and Victoria Island at 200%. Conversely, the lower-profile locations,...
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