Real Estate

Lagos which means Lakes is one of the 36 states in Nigeria. Though with the smallest landmass of 1,171.28 km.sq, Lagos is the most populous city in Nigeria with a population estimate of 22million. Popularly known as Eko city, Lagos remained the commercial capital of Nigeria after the Administrative capital was moved to Abuja in 1991. Why invest in Lagos Real estate…

  1. Ever Growing Population

Population no doubt is a major growth driver for the real estate sector, Lagos is the smallest but most populous state in Nigeria. Lagos has grown from just 1.4million inhabitants in 1970 to approximately 22million as of today. Lagos has a population density of about 5000persons/Sq.km making it one of the most densely populated cities in Africa. It has been estimated that about 86 persons migrate to Lagos every hour, that is more than 2000 persons every day and close to a million persons every year.

Lagos Real Estate

The housing deficit in Lagos State in 2016 stood at about 2.5 million houses according to Mr. Gbolahan Lawal, the Commissioner for Housing, that equaled 14.7% of the country’s total housing deficit according to the National Bureau of Statistics (NBS).

  1. Economic and Industrial Hub of Nigeria

Abuja may have displaced Lagos as the administrative capital of Nigeria, but Lagos remains the commercial capital of Nigeria.

Lagos is the richest state in Nigeria with a GDP of about US$33.67billion accounting 25% of Nigeria’s total GDP. It is the 5th largest economy in Africa and home to over 2000 manufacturing companies, 200 financial institutions and has the largest clusters of small and medium scale enterprises in Africa. Lagos consumes more than 50% of the country’s energy, accounts for over 90% of Nigeria’s foreign trade flow and 80% of all Nigerian imports are handled by Lagos ports.

Market research shows that Lagos State has the highest property values and the most vibrant real estate market in Nigeria.

Lagos Real Estate
  1. Growing Middle-Class Population

Lagos vibrant economy has led to a growing middle-class population with money to spend on luxuries and decent accommodation. The middle segment of the housing market remained robust despite the economic headwinds experienced by every other sector of the Nigerian economy and this has been attributed to strong demand from the middle class. Prices in the Lekki axis which is largely middle-class neighborhood grew an average of 2.8 percent when other segments of the real estate sector declined countrywide.  Lagos has the largest share of working population in Africa; over 15.2million of the estimated 22million residents are within the 15 – 64years age bracket.

  1. Fast Urban Growth and Development

With a 16 percent urbanization rate, Lagos is one of the fastest-growing megacities in the world. Lagos has attained the megacity status, that means that the ‘bush’ you are buying today will become ‘city’ faster than you imagine.

Lagos Real Estate

Ibeju Lekki in Lagos is the hottest investment destination in Africa at the moment with investments topping US$200 billion. The Lekki free trade zone(LFTZ) has attracted massive investments within the zone such as Deep Seaport, Dangote Refinery, Lekki International Airport, Golf Courses and Resorts, the 4th Mainland Bridge, the Smart City Project, etc. it has been projected that developments in Ibeju Lekki will provide up to 400,000 jobs on completion, smart investors should position to take advantage of the expected demand for residential and commercial properties in the Ibeju Lekki area.

  1. Fast Appreciating Property Prices

Lagos is a dream destination for real estate investments because of the high rate of returns on investments. The Market Analysis for Lagos State shows one of the highest property values in Nigeria. The Lagos property market especially the mid-market segments remained buoyant when property prices in states across the country took a haircut from the recent economic recession. A piece of land that was purchased around 2006 in Lekki for 5million was sold for 40million naira nine years later, that is a seven-fold (700%) increase and it is not an isolated case.

  1. Stable Political Environment

Lagos has the most stable political environment when compared to other states in Nigeria. Since the return of democracy in 1999 Lagos has been under the control of the same political party and this ensures a continuum in governance, this is good for the real estate market because projects and developments are implemented according to the masterplan. It also means that important projects that drive growth are not sacrificed on the altar of politics.

  1. Strong Rental Market

Rising property and rental prices are a reflection of the huge supply-demand gap of affordable housing in Lagos. There are more renters than owners in Lagos property market due to the high cost of homeownership coupled with a very underdeveloped mortgage market. The mortgage market is very small and unaffordable with rates ranging from 16 – 30% and tenors between 1 – 15years. Study shows that over 75% of property seekers are looking for rental accommodation.

In Conclusion

Lagos is like a window to the future. Unlike the rest of Nigeria, Lagos is a great example of what is possible when the government offers energy and other initiatives to its residents.

Lagos Real estate

The population of Lagos is projected to double by 2050 which will make it the 3rd largest city in the world. The growing population will need to be housed therefore real estate investment in Lagos state cannot be any brainier given its estimated 3.2% annual population growth coupled with a 16% urbanization growth rate. Strong and sustained demand for housing means that prices will continue to go up while smart investors will continue to reap handsome returns on their investments.

The best time to buy is yesterday, the next best time is NOW. Prices are never going to come down. Don’t wait to buy Real Estate, buy and wait. What do you think?

For Free Investment Guidance

Call: +234 (0)806 260 6215, +234 (0)903 139 6622 Email: info@3ceesprojectslimited.com

3 Keys to Profitable Real Estate Investing

3 Keys to Profitable Real Estate Investing​

Real estate investing should as much as possible be devoid of emotional sentiments. It can be a highly profitable business, especially in areas with rapidly increasing population.

Focus on your Return on Investment (ROI)The key is to buy real estate in fast developing areas, capable of delivering maximum profit potential value in the medium term.

It is risky to procrastinate indefinitely. Start small by judiciously utilizing a financial plan that invests 25% of your monthly income consistently .In Lagos, it is almost guaranteed that the rate of property appreciation would always out-perform the stock market over the medium to long term

Work with companies with tried and tested integrity. For peace of mind, validate your documentation through independent sources. With proper documentation, Real Estate remains one of the few investments you can make, that do not require your Direct Supervision to make profit.

Start small… but START NOW!

“It always seems impossible until it is done” …. Nelson Mandela 

For Free Consultation

CALL: +234 (0)708 137 9023, +234 (0)903 139 6622, EMAIL: info@3ceesprojectslimited.com


Baby Landlord Investment Program (BLIP)

Frequently Asked Questions

Baby Investiment

1. Q: What exactly is BLIP?

A: Baby Landlord Investment Program (BLIP) is our 3rd Anniversary special offer, tailor made to help parents and young adults bequeath something of immense value to their future generation.

With as little as ₦50,000 naira per month you can leave a BEFITTING LEGACY for the NEXT GENERATION or pay for your child’s HAVARD UNIVERSITY education with ease or bequeath that WOW GIFT to your daughter on her wedding day.

2. Q: Why invest in BLIP? 

A: Our properties come with clean titles, free from all encumbrances. In addition, to ensure Airtight Documentation, our 3CEES documentation department will help process your governor’s consent hassle free.

Baby Landlord

3. Q: So how exactly does this investment secure my child’s future university education or wedding gift?

A: Ibeju Lekki is currently the fast-growing real estate market in Africa. Data shows that properties in this area have appreciated more than 300% in the last 10 years. Experts have also projected a further growth of up to 500% in few years’ time when the ongoing projects such as Dangote Refinery and petrochemical plant, the Lagos Free Trade Zone, the 4th Mainland Bridge, Lekki International Airport, Lekki deep Seaport amongst other key investments come on stream. Investing in this our real estate product gives you the opportunity to enjoy unbeatable inflation hedged returns that can help you pay for your child’s university education or the bulk money to set her on the path of prosperity.

4. Q: How secure is this investment?

A:  Our property is covered by an IRREVOCABLE gazetted Excision and a Governor’s Consent. Once you complete your payments, 3CEES will help you process a Governor’s Consent in your name as a guardian or trustee. You can rest easy knowing that your property is secured within our gated and managed estate, therefore no need to worry about the unscrupulous activities of land grabbers or omoniles.

5. Q: How can I pay for this?

A: We offer personalized payment plans to suit individual cash flows. We assist you to design a payment plan ranging from one to 24 months that makes payment easy for you.

6. Q: Who can benefit from this offer?

A: This product is for everyone; parents, grandparents, intending parents. It is the dream of every parent to give their children the best possible start in life. 3CEES will help you bring that dream Home through our Baby Landlord Investment Program. It is more like setting up a secure trust fund for your child.

Land Investment

Leave a LEGACY

CALL: +234 (0)708 137 9023, +234 (0)703 763 4093 Email: info@3ceesprojectslimited.com