Nigeria’s Real Estate Is Rapidly Expanding
Over the years, Nigeria’s real estate market is expanding at a fast pace, continuing an upward trend of growing capital incomes, a steady increase in foreign investments, rapid urbanization, and a strong corporate demand. Since January 2015, the commercial sector is valued at $39 billion and is projected to grow at 10% every year.
But even if developers have carried out a significant number of projects in the country in recent years, the demand is still high as Nigeria needs high-quality office spaces, retail, and other shopping centres. Hence, offering an excellent opportunity for investors who want to pursue a profitable investment in the country.
Overall, Nigeria’s huge population and the current trend of rapid urbanization and growing middle class provide an ideal setting for investors despite the property sector’s “high-risk, high-return” reputation.
Let AMS Africa advise you to seize an investment opportunity in Nigeria’s property market on growth path.