Lagos Luxury Residential Real Estate Benchmark Report

Lagos Luxury Residential Real  Estate Benchmark Report

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Summary

Lagos is the most populous city in Nigeria and sub-Saharan Africa, with an estimated population of over 15.0 million people in 2023. It is located within the South-Western region of Nigeria and is regarded as the commercial capital of the country due to its relevance as a hub for business activity.

This report includes a benchmark study of luxury residential developments in Ikoyi, with a focus on projects near Mobolaji Johnson Road.

WHY SHOULD YOU BUY THIS REPORT:

  • Have an understanding of the Real Estate Market Overview in Lagos

  • Understand the Catchment Area Analysis

  • Get information of Benchmark Properties in the area

Insights of this report include:

  1. Lagos Real Estate Market Overview.

  2. Lagos Real Estate sub-sector outlook:

  • Commercial office sector

  • Commercial retail sector

  • Residential sector

  • Hospitality sector

  1. An analysis of the competitive residential environment, based on rent ranges, total stock, average pricing, and annual rental yields.

  2. Sample luxury residential projects together with their distinguishing features making them affluent i.e sizes, total no. of units, total no. of floors, amenities, and construction dates among others.

  3. Project status and team members i.e. developers, main contractors, and architects.


KEY QUESTIONS ANSWERED:

  1. How much is the total stock?

  2. What makes up the luxury developments?

  3. What are the yields and transaction growth rates?

  4. What, and who are the key market drivers?

  5. Who are the top developers?

Source: Estate Intel

Published: 2022

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