Real estate practitioners have high hopes in Nigeria’s real estate, as the luxury segment of the market is showing a slight recovery with significant lifestyle changes in work, home, and play patterns.

Prices of luxury properties have climbed steadily over the last few months in the luxury markets in major cities such as Lagos and Abuja, transactions have shown an impressive turnout in the luxury segment and yet it has been quite affordable to some group of people in the society.

Meanwhile, the current state and level of demand for smaller apartments has inspired developers to redesign luxury projects to meet current emphasis.Investors can now readily afford and purchase properties that combine affordability and luxury.

The demand for affordable luxury properties is high and developers are doing everything possible to ensure these demands are met.This is a sign that the real estate market is once again on the road to stability.

The future of the affordable luxury market remains bright. Experts believe that the demand for affordable, yet exclusive properties with top-notch facilities and features will constantly be a driving force of affordable luxury real estate in Nigeria.

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