Lagos is not the capital of Nigeria (it is Abuja). But it is still the most important city in this African country of 150 million people. Lagos still remains the commercial capital of Nigeria with all major industries operating from there. Nearly 15 million people live in this city where real estate prices are touching the sky. Here are 5 facts about real estate in Lagos that will amaze you. HIGHER RENT THAN LOS ANGELES AND NYC Rent for a 3 bedroom apartment in some areas in Lagos can go up...

If you have lived in rented properties for some time in Nigeria, you know that it’s pretty difficult dealing with some landlords. As most tenants breathe a sigh of relief just because the landlord has agreed to let them in, they do not bother to enquire about many things or do not have the courage to do so as they do not want to offend the landlord. Here are 5 things landlords in Nigeria might hide from their tenants. NEIGHBOURS CAN CREATE PROBLEMS FOR YOU No landlord will ever tell you the...

SALE OF PROPERTY WITHOUT AUTHORITY Purported sale of land by persons not having legal title to it is by far one of the commonest and most dreaded evils associated with land acquisition. This is because a lot of people conjure different types of ‘title’ to the land that it takes due diligence and lots of prayers on the part of the purchaser not to fall into the wrong hands. It was always common for purported family agents to unlawfully sell family property without the consent of the head...