Lagos Real Estate: ₦2.8T Market Analysis - Why 34% Market Share Dominates Africa

Market Overview

The Lagos real estate market continues to show resilience and growth potential in 2024. With increasing urbanization and infrastructure development, property values have seen steady appreciation across key areas.

Key Trends

• Increased demand for affordable housing in emerging areas
• Growth in commercial real estate investments
• Rising interest in sustainable and smart home technologies

Investment Opportunities

Areas like Lekki, Ikoyi, and Victoria Island continue to attract premium investments, while emerging locations such as Epe and Badagry offer excellent value propositions for long-term investors.