Real estate investment has always been a critical sector in Nigeria’s economy, but the rapid changes of recent years demand even more attention. As we move into 2024, new trends and innovations are set to shape the future of real estate investment in Nigeria. Below, we explore key technological advancements, sustainability trends, economic and demographic…
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Before the pandemic, real estate in Nigeria was the epitome of reliable and stable investment, especially for those who owned rental properties. The pandemic, however, caused widespread disruption. Many tenants canceled their leases, coastal cities lost tourists, students returned to their parents’ homes, and shared rentals became common, leaving numerous properties vacant. Despite these challenges,…