Despite economic challenges, the demand for residential, commercial, and industrial properties continues to surge. This article explores the major factors driving this real estate boom in Nigeria and the key reasons behind the rapid growth of real estate in Nigerian cities.

This article discusses the best areas for real estate development in Lagos, Nigeria, highlighting key locations such as Ikoyi, Victoria Island, Lekki, Ibeju-Lekki, Ajah, Sangotedo, Yaba, Surulere, and Epe. It explores why these areas are attractive to developers and investors, considering factors like infrastructure development, rising population, commercial opportunities, and future growth potential. The article also advises investors to conduct proper due diligence before making property purchases.

The article guides readers on how to invest in the Nigerian real estate market. It highlights market drivers, investment strategies (direct/indirect), the crucial role of due diligence and legal checks, financing options, risk management, and emerging trends like PropTech. The article stresses the need for careful planning and informed decision-making for successful real estate investment in Nigeria and introduces PREX as a digital platform that facilitates this process.

This article sheds light on some challenges and highlights ways in which prospective investors can safely navigate the land acquisition process to secure one's investment and guarantee stress-free development.