Guest post by IlokoProperties.com
Nigeria has a growing demand for luxury real estate, thanks to the country’s enriching economic conditions. This has also led the properties prices to soar in the past few years. The best locations to own Nigeria luxury homes is Abuja and Lagos.
These locations mainly cater to upper class strata of the society, thus offering 4bhk and 5bhk apartments, bungalows, duplexes and luxury villas. Some of the best locations in these two regions are Banana Island, Asokoro, Maitama, Nicon town and Jabi.
Duplexes-both semi-detached and single wing duplexes find their customers in upper middle class extended families who either want separate wings as a single unit of housing or a single storey bungalow structure.
Nigeria luxury homes are aesthetically furnished and situated in the high bow areas of the region.
From the above-mentioned areas, Nicon Town is the cheapest emerging luxury real estate market in Lagos with prices ranging from N380million and above for luxury residencies. Jabi in Abuja houses many elite personalities and politicians with properties worth N400million and beyond. Yet another area in Abuja, Asokoro is popular residential area for its strategic location. The area houses the Secretariat, the WHO office and the National Intelligence Agency, thus making the real estate prices soar as high as N500million and above.
Both Maitama and Banana Island boast of high strata multi-cultural population with property prices going up to N600-N700million and above.
To purchase or invest in any luxury properties, it is best to take advice of experience real estate agencies in the region and take further decision.