Properties for sale in Nigeria are now hotter than ever before.

With a growth of almost 7% in Gross Domestic Product last year, the investment opportunities for real estate in Nigeria have never been greater, for both selling and renting. In addition, real estate sector especially in the middle to lower segment takes part in contributing a significant portion in non-oil sector. Moreover, according to the Finance Minister of Nigeria there is a huge demand for property supply in this country, especially for housing units in locations like Lekki, Ajah and Ibadan. In addition to that, foreign investors in real estate in Nigeria are always looking for new office spaces and commercials buildings.
Buying or renting a property is an important milestone in life. There are many things to be considered when purchasing property for sale in Nigeria since it is a very complex process. Therefore, it is advisable to talk to professionals such as, brokers, real estate agents, or financial advisors. These experts will give you a good insight on what to take into consideration when buying land, a house, apartment, or commercial property.
Furthermore, in the beginning of this year 2014, the Nigerian Mortgage Refinance Company (NMRC) is fighting to lower the cost of property mortgage and to be able to create an affordable living space for Nigerians, with projects such as Lagos Homes. Both the Federal Government and World Bank is taking part to open up a chance for people in the lower segment an opportunity to own a property. These factors have contributed to the increasing demand for properties for sale in Nigeria.

Original post by House of Jumia