Based on studies and research materials, there are top places in Nigeria to buy a property, aside from LAGOS and The Federal Capital Territory, ABUJA to diversify your real estate investment and home ownership search that we bet will give you extreme value now and in the future. 

As the need for real estate ownership or real estate investment opportunities increase, you will agree that expanding one’s search outside Lagos State and Abuja, has become a necessity. We therefore thought to share the concluding part of our information on the top places to own a property in Nigeria. 

Ogun State

Also known as the “Gateway to Nigeria”, Ogun state is well known for having a large number of industrial estates and manufacturing hubs. Major factories in Ogun include the Dangote Cement factory in Ibese,Nestle,Lafarge Cement factory, Coleman Cables in Sagamu and Arepo, Procter & Gamble in Agbara,amongst others. 

These factories extend from Sango-Ota , Agbara to the Sagamu, Move and Arepo axis of the state. Road infrastructure in the state are greatly improved , as well as steady power supply due to the gas power plants available in the state.

The interesting thing about Ogun state is that its location serves as a major settlement to meet a large number of the Lagos employment/business population, with people living in the Sango-Ota, Mowe , Ibafo and Arepo metropolises and working or running a business in Lagos. This makes Ogun State one of the top places to buy a property in Nigeria, highly viable location for real estate investment in Nigeria. 

The average rent of a 3 bedroom apartment in the state is 1,200,000 Naira  with a 4 bedroom semi-detached duplex costing 3,500,000 Naira to rent. The cost of a 3 bedroom duplex for purchase ranges from 28,000,000 to 65,000,000 Naira on the average, depending on the location in the state.

Delta State

Delta State, situated in the South-South region of Nigeria, makes it to the list of top places to buy a property in Nigeria with a good number of towns and cities that offer great investment opportunities for real estate enthusiasts. Some of the towns to consider include Warri, Udu, Sapele, and Asaba. Warri, in particular, is known for its oil and gas activities, making it a hub of economic activity. The cities of Sapele and Udu also offer great opportunities due to their rapidly expanding commercial and industrial activities. 

The state capital, Asaba, is a top location for property investment due to its proximity to major cities such as Lagos and Abuja. Asaba in recent times has also seen a large real estate entry and acquisition. Other great places in Delta State include Warri, Sapele, and Ughelli, all of which have seen significant development in recent years. 

The average rent of a 2 bedroom apartment in the state is 400,000 to 1,200,000 Naira  with a 4 bedroom semi-detached going as high as 5,500,000 Naira. The cost of a 4 bedroom duplex for purchase is an average of 85,000,000 Naira on the average, depending on the location within the state.

Ebonyi State

Ebonyi State is located in the southeastern region of Nigeria and is one of the most peaceful states in the country.  The state is also well known for its agricultural farmlands, and rich cultural heritage and natural attractions, making it an ideal location for those looking to own a holiday home or investment property. Abakaliki, the capital city, and Afikpo are great places to consider when looking to invest in properties in Ebonyi State. 

Ebonyi State indigenes who are vastly travelled and majorly educationist, professionals and elitist are in constant search for well developed properties to invest in the state. The cost of a 2 bedroom duplex for purchase ranges from 30,000,000 to 45,000,000 Naira on average.

A plot of land currently sell for 3,500,000 to 8,500,000 Naira within the state capital.

Imo State

Imo State the Eastern Heartland is the fourteenth most populous state in the country, according to the last national census. This makes it quite a populous state, considering its small land mass.

It is nicknamed the Eastern heartland, most likely due to the fact that it is bordered to the north by Anambra State, Rivers State to the west and south, and Abia State to the east. As a result of this , it is a preferred settlement and investment state for many of the rich and influential Igbo business men. Its capital Owerri is another location for expatriates and oil workers owning to the petrochemical industries in the state. The state has a very cool temperate climate, making it a great place to invest in real estate if you are looking to invest in the South-eastern part of the country.

The average rent of a 2 bedroom apartment in the state is 1,000,000 Naira  with a 5 bedroom house going as high as 6,500,000 Naira. The cost of a duplex for purchase ranges from 65,000,000 to 380,000,000 Naira on the average, depending on the number of rooms and location within the state.

Edo State 

Benin city is in the heart of Edo State. It is one of the oldest cities in Nigeria. It is also the home of the Oba of Benin Kingdom. Benin City is a very nice place and one cannot help but feel at home once settled down in this wonderful city. Edo is a state located in the South-South geopolitical zone of Nigeria, The state produces crude oil and other mineral resources like limestone and quarry. These establishments have contributed immensely to why Edo has become a preferred destination for investors. One among the numerous sectors that have leveraged the business-friendly atmosphere is the real estate business which has undoubtedly increased significantly in Edo.  The vast population of Edo indigenes in the diaspora make up the large number of Real estate buyers amongst others.

The average rent of a 3 bedroom apartment in the state is 1,000,000  to 3,000,000 Naira. The cost of a 4 bedroom detached duplex for purchase ranges from 50,000,000 to 100,000,000 Naira on the average, depending on the location within the state.

It is very important to note that there are plots of land for sale and other building types with varying room sizes and designs in each of these states for you to choose from. Your real estate investment plan can begin with as little as a half plot of land, considering that the most important factor is one’s desire to begin in line with exposure to the subject matter which we have shared here. 

For more information on how to get started on your real estate needs , kindly visit our website,  http://www.thinkmint.ng/buyrealestate where we have listed a wide range of property options with minimal entry fees to choose from, or call 0809 784 5065.