“Where are the best locations to buy a house in Nigeria?” This is the question that most Nigerian and foreign investors often ask.
When it comes to finding the best location to buy a house in Nigeria, you’d have to consider your lifestyle and budget.
It’s also important that you’re well informed of these different locations before making a choice.
In this article, you’ll learn the best locations to buy a house in Nigeria and why you should consider these locations.
Best Locations to Buy a House in Nigeria.
Nigeria is home to a lot of popular cities in the world. So there are tips to consider when choosing the house you want to buy.
This presents you with different options to choose from, when choosing the best location to buy a house. The top best locations to buy a house in Nigeria includes;
- Lagos
- Abuja
- Port Harcourt
- Ibadan
- Enugu
- Uyo
- Owerri
- Abeokuta
- Kaduna
- Kano
1. Lagos
Lagos is the commercial hub of Nigeria. It is one of the best locations to buy a house in Nigeria as it is home to a thriving real estate market. This gives property buyers various options to choose from.
Places like Ibeju-Lekki, Victoria Island, Ikoyi, and Ajah are good locations to buy a house in Lagos. Even though houses in these locations are expensive, they offer a serene estate scene and luxurious house.
However, there are places where you can get an affordable house in Lagos. They include Surulere, Yaba, Magodo and some other places.
These places offer opportunities for people who are working on a budget.
2. Abuja
Abuja tops in the list of one of the best locations to buy a house in Nigeria. Abuja is the capital of Nigeria, and it is known for its political and administrative activities.
This has attracted government officials and professionals from different places, within and outside the country.
Due to this, demand for houses, whether residential or commercial, has increased. Locations or places like Garki, Wuse, Asokoro and Maitama offer various options if you want to buy a house in Nigeria.
3. Port Harcourt
Port Harcourt has earned a name in the top list of the best locations to buy a house in Nigeria. Aside from being the capital city of Rivers State, it is a major hub for oil and gas production.
Also, the real estate market in Port Harcourt has seen a significant increase. Demand and cost of buying houses,residential or commercial in Port Harcourt has increased.
Places like the Trans-Amadi Industrial Layout, Rumuodomaya, and GRA Phase 3 are top places to check out in Port Harcourt city.
4. Ibadan
Ibadan, capital city of Oyo State, is one of the best locations to buy a house in Nigeria. It boasts of a rapidly increasing population.
This is due to its growing economy, rich cultural heritage and its location. What makes Ibadan one of the best locations to buy a house in Nigeria is due to its proximity to Lagos.
Its proximity to Lagos, Nigeria’s commercial capital, also makes it an attractive location for business and investment.
Also, the city is home to many renowned universities and research institutions. This has made it an attractive place for business and real estate.
Houses in Ibadan are more affordable when compared to Lagos and Abuja. Popular locations to buy a house in Ibadan include Akobo estate, Ikoloba, Oke Agala amongst others
If you don’t like the Lagos environment, then Ibadan is the perfect place for you.
5. Enugu
Enugu is popularly known as “The Coal City.” It is one of the best locations to buy a house in Nigeria.
Enugu boasts of beautiful landscapes, recreational centres, markets, industries and other amenities. In addition to that, it is home to notable higher institutions.
This has led to increased demand for houses, for residential and commercial purposes. Even though the standard of living is lower than its counterparts, it is a good place for investments.
In addition, low traffic congestion and stable security is one of the reasons Enugu will be the best choice for you.
You can check out places like GRA, Independence Layout, and New Haven as they provide good and affordable housing.
So, if you are looking for an affordable, serene environment, Enugu is a good option for you.
6. Uyo
Uyo is the capital of Akwa Ibom State. It is known for its growing economy and oil production. Improvement in infrastructure has affected its real estate market.
Uyo is one of the best locations to buy a house in Nigeria. This is because of its growing economy and infrastructural development.
This in turn has led to its increasing population, making it a top choice for residential and commercial properties.
Also, it is home to a popular tertiary institution, which makes it a good place for commercial and recreational activities. Houses in Uyo are affordable and the security is top notch.
Places like Ikot Ekpene Road and top estates like Ewet housing estate are places you can get a nice house option from.
7. Owerri
Owerri, the capital of Imo State, is known for its rich cultural heritage and lively environment. It is one of the fastest growing cities in the southeastern region.
It is home to a range of amenities like notable institutions, hospitals, shopping centres and markets.
Owerri has proven to be one of the best locations to buy a house in Nigeria. Places like New Owerri, World Bank, Aladinma and Irete are some of the popular locations to buy a house.
These places are located in the city. They are renowned for having upscale residential, commercial, and infrastructural buildings.
If you are looking for the best location to buy a house in the southeast, then Owerri is a go-to option for you.
8. Abeokuta
There are many reasons why Abeokuta is a good locationss to buy a house in Nigeria. Due to its proximity to Lagos, many areas in Abeokuta are becoming promising for investments. People and companies in Lagos are beginning to move and settle in Abeokuta.
This has led to an increasing number of businesses and individuals settling in diverse locations in Abeokuta. This has led to an increase in the demand for housing in the city.
Presence of renowned tertiary institutions has also made it top on the list of the best locations to buy a house in Nigeria. The city’s economy is growing, with the agricultural and manufacturing industry being notable contributors in the city.
9. Kaduna
Kaduna, the capital city of Kaduna State, is one of the best locations to buy a house in Nigeria. It is located in Northern Nigeria, and is a major economic hub.
Due to its diverse and fast-growing population, it is an ideal place for you to live, invest and work in. Kaduna offers several advantages to home buyers.
However, the cost of living in Kaduna is lower than in major Nigerian cities, like Lagos and Abuja. Also, house prices are more affordable.
Recently, the Kaduna government has improved the state of infrastructure in the city and state. This has drawn more investors and increased demand for housing in the city.
10.Kano
Kano is considered to be one of the best locations to buy a house in Nigeria. It is the second-largest city in Nigeria. It is known for its growing economy and rich cultural heritage.
The cost of living in the city is generally lower than in other top cities. This offers you affordable housing which offers a good return on investment.
Additionally, the city has seen notable infrastructural development over the years. Places like Sabon Gari, Dala GRA, Kwale GRA and Nassarawa GRA are top places you can look into.
If you are someone who loves culture, Kano is one of the top locations to check out.
Conclusion
Deciding on the best location to buy a house in Nigeria can be a tough decision to make. Not checking out the location of a house is one of the commonest mistakes first-time home buyers make.
It’s important to consider factors like your lifestyle, security and affordability. However, with the right research and planning, you are bound to make the right decision that fits your budget and lifestyle.
Whether it’s Lagos or Kano that you finally settle down to, you will be sure you made the right choice.
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