🏠 The Real Truth About Investing in Real Estate in Nigeria

Osekhai
May 12, 2025By Osekhai

In 2020, a client purchased a 4-bedroom apartment with a BQ in Ocean Parade, Banana Island, for ₦320,000,000. Today, a similar property is listed for over ₦1.4 billion.

That’s a 4x return in under five years — but it didn’t happen by luck.
The Nigerian real estate market doesn’t reward hope.
It rewards homework.

After years of closing high-value deals in Dubai and helping clients build short-let portfolios across borders, I’ve come to one conclusion:
Nigeria is one of the most underrated and misunderstood real estate markets in the world.

This is exactly why I’m relaunching Holyfield Properties & Technology — to help investors, both local and in the diaspora, navigate this complex but profitable market with confidence.

 
1. Real Estate Works—But Only If You Work It
Real estate isn’t “quick money” in Nigeria — it’s smart money.
I’ve watched ₦1M plots rise to ₦10M+ in a few years.
I’ve also seen people lose millions buying land with zero legal standing.

Lesson: The market pays those who plan, research, and partner with the right people.

 
2. The Title System is Confusing—But Critical
Documents like a receipt or allocation letter won’t protect your investment.
What you need:

C of O (Certificate of Occupancy)
Governor’s Consent
Excision & Gazette
At Holyfield, we never sell land we can’t verify through official registries.
Full stop.

 
3. If You’re Abroad, You Need Trusted Eyes on Ground
Diaspora clients often share heartbreaking stories:
Money sent. No land. No updates. No accountability.

That’s why we built a transparent system tailored for clients abroad:

Virtual property tours
Real-time video updates
Verified documentation and legal support
You can invest from anywhere — but only with people who run it like a business.

 
4. Follow Infrastructure, Not Hype
If there’s no road, no power, and no construction — your land isn’t appreciating fast.

That’s why areas like:

Epe (Lagos)
Guzape (Abuja)
…are outperforming others. Follow infrastructure, not influencers.

 
5. Plan for Hidden Costs
Most investors only focus on the land price. But in Nigeria, the extras matter:

Survey & legal documentation
Development fees
Community levies
Utility installation
Work with a team that’s transparent from day one.

 
6. Rental Income is Real—If You Treat It Like a Business
Short-term rentals, student apartments, and serviced homes are booming.

At Holyfield, we help our clients:

Furnish & design rentals
Manage bookings & maintenance
Market for long-term ROI
Passive income is possible — but it must be managed professionally.

 
Final Thought:
Nigeria Needs Discipline, Not Doubt
Real estate in Nigeria can build wealth.
But only for those who play the long game and do the real work.

I built Holyfield Properties & Technology for people who are ready to win smart — not gamble.
Whether you’re buying your first plot or scaling your portfolio from abroad, we’re here to help you invest with confidence.

 
Ready to take the next step?
Let’s verify, structure, and grow your investment — the right way.