Lagos short-let apartment prices surged over 200% in 2024, driven by high inflation and strong investor demand.

The short-let apartments segment of the residential market had a good showing with a price increase estimated at 200 percent.

By Rita Okoye Nigeria’s real estate market is facing a growing crisis. With rising inflation, a struggling economy, and increasing urban migration, both investors and tenants are feeling the strain.

The Nigerian real estate sector is set to see significant growth in the coming 3-5 years, with affordable housing and ...