Nigeria: Opportunities abundant for real estate in 2025
Despite the rising inflation, a massive infrastructure deficit, a shallow financial environment,
policy inadequacy, and increasing exchange rate pressure in the currency market, housing
industry experts are foreseeing abundant opportunities for real estate in 2025 and beyond.
The experts, who gathered during the UPDC Plc’s third Annual Real Estate Summit in Lagos,
pointed out that amidst the odds, 2025 and beyond outlook for the real estate market is still
promising.
The industry continues to be resilient, and more investors are anticipated to hedge their
resources against uncertainties, particularly inflation,
They observed that housing demand still remains high, attributing surge in demand for
residential properties to population growth.
They also noted increased interest in commercial properties, especially in Lagos, Ogun and
Abuja as a result of growing middle-class and urbanisation.
Nigeria’s residential real estate market is expected to reach an estimated $1.9 trillion or more by
the coming years
Expected compound annual growth rate (CAGR) of 7.52% from 2024 to 2028 reaching
US$3.02tn by 2028,
Land Banking Investments
Investors are increasingly turning to land banking in suburban and peri-urban areas. Locations
like Mowe-Ofada, Ibeju-Lekki, and parts of Ogun, Osun, and Enugu States offer affordable entry
points with high potential for appreciation as infrastructure develops and more people move
away from crowded city centers.
Rise of Smart and Gated Communities
The growing middle class in Nigeria is creating a shift in preferences toward secure,
well-planned gated estates and smart homes. Developers are tapping into this trend, offering
flexible payment plans, modern amenities, and eco-friendly designs that appeal to young
professionals and families alike.
The Nigerian real estate industry offers a wealth of opportunities for those ready to navigate its
dynamic landscape.
With the right strategies, partnerships, and market understanding, real estate players, whether
large developers or small-scale investors,stand to gain significantly from this booming sector.
