{"id":5878,"date":"2022-05-28T23:19:35","date_gmt":"2022-05-28T23:19:35","guid":{"rendered":"http:\/\/mercy-homes.com\/?p=5878"},"modified":"2022-05-28T23:19:35","modified_gmt":"2022-05-28T23:19:35","slug":"real-estate-prices-in-nigeria","status":"publish","type":"post","link":"https:\/\/mercy-house.com\/?p=5878","title":{"rendered":"Real estate prices in Nigeria"},"content":{"rendered":"<div class=\"kvgmc6g5 cxmmr5t8 oygrvhab hcukyx3x c1et5uql ii04i59q\">\n<h1 dir=\"auto\">Real Estate &amp; property prices in Nigeria<\/h1>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">Nigeria\u2019s real estate trajectory has risen and fallen with international oil markets. Local consultancy Estate Intel cited data from the National Bureau of Statistics (NBS).<\/div>\n<\/div>\n<div class=\"o9v6fnle cxmmr5t8 oygrvhab hcukyx3x c1et5uql ii04i59q\">\n<div dir=\"auto\">The housing market will continue to stabilize this year, with house prices and residential rents expected to either remain stable or rise modestly this year, according to local property experts.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">The oil and gas sector has remained below its former earning capacities, limiting growth in long-term luxury leasing. As a result, landlords and property owners were more flexible with leasing terms to retain existing tenants.<\/div>\n<div dir=\"auto\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-5879 size-full\" src=\"http:\/\/mercy-homes.com\/wp-content\/uploads\/2020\/10\/120271577_2347728835352023_2503342708859281560_o.jpg\" alt=\"\" width=\"526\" height=\"526\" \/><\/div>\n<div dir=\"auto\"><\/div>\n<\/div>\n<div class=\"o9v6fnle cxmmr5t8 oygrvhab hcukyx3x c1et5uql ii04i59q\">\n<div dir=\"auto\">The World Bank estimated that Nigeria\u2019s housing deficit stood at 17m units as of 2013. Given the country\u2019s current urbanization trends \u2013 with Nigeria set to be the world\u2019s third-most-populous country in the world by 2050 and the population of Lagos forecast to double over the same period, according to UN growth projections.<\/div>\n<div dir=\"auto\"><\/div>\n<\/div>\n<div class=\"o9v6fnle cxmmr5t8 oygrvhab hcukyx3x c1et5uql ii04i59q\">\n<div dir=\"auto\">Mortgage penetration is rising rapidly in Nigeria, but there is plenty of room for growth. commercial mortgage lending rates to average between 20% and 24%.<\/div>\n<\/div>\n<div class=\"o9v6fnle cxmmr5t8 oygrvhab hcukyx3x c1et5uql ii04i59q\">\n<div dir=\"auto\">To receive best real estate investment opportunities in Nigeria, Contact <a class=\"oajrlxb2 g5ia77u1 qu0x051f esr5mh6w e9989ue4 r7d6kgcz rq0escxv nhd2j8a9 nc684nl6 p7hjln8o kvgmc6g5 cxmmr5t8 oygrvhab hcukyx3x jb3vyjys rz4wbd8a qt6c0cv9 a8nywdso i1ao9s8h esuyzwwr f1sip0of lzcic4wl py34i1dx gpro0wi8\" tabindex=\"0\" role=\"link\" href=\"https:\/\/l.facebook.com\/l.php?u=http%3A%2F%2Fwwww.mercy-homes.com%2F%3Ffbclid%3DIwAR0b7BryZLNmGIzVZtydUNLQTdgVQ_FG3C22GBzT6BLPGhqwIGE6o_qa218&amp;h=AT2guh6fmMWpxJs_ynZOs0YH4pgY99XzkdUTvhYNptak_A7p6_xH_lCZmpXus2HsQBh5aj4-FK0OaMo7MntbtJRNuE8YCL-rAPpRuN49qkdMZIpj1GQvo-Y5gQZW3j9HryUd28Fa5iN4n8J8Gg&amp;__tn__=-UK-R&amp;c[0]=AT33x2aq1_A3qEtLs2mbTRPgBfgKOeeXVYYeT3F6X-xt5fCajSO7t8GV43060x6k-G305a8BxdsbmtF1jgfxDWk-wF5BtBHbHnAwOo0gYQ_ka-qm0p5835HcMIG27B5eqvadefj-ctTrTMTdCUIzf2NWHn55YJNlu9iJzqU-3keuRmO-88phz6A8HmuO\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">wwww.mercy-homes.com<\/a> now to have complete guidelines for real estate investment in Nigeria:<\/div>\n<div dir=\"auto\"><\/div>\n<\/div>\n<div class=\"o9v6fnle cxmmr5t8 oygrvhab hcukyx3x c1et5uql ii04i59q\">\n<div dir=\"auto\">Lagos Office:<\/div>\n<div dir=\"auto\">Toyin +234 808 085 6091\/Tunji +234 812 957 3041<\/div>\n<div dir=\"auto\">Email: info@mercy-homes.com<\/div>\n<div dir=\"auto\"><a class=\"oajrlxb2 g5ia77u1 qu0x051f esr5mh6w e9989ue4 r7d6kgcz rq0escxv nhd2j8a9 nc684nl6 p7hjln8o kvgmc6g5 cxmmr5t8 oygrvhab hcukyx3x jb3vyjys rz4wbd8a qt6c0cv9 a8nywdso i1ao9s8h esuyzwwr f1sip0of lzcic4wl q66pz984 gpro0wi8 b1v8xokw\" tabindex=\"0\" role=\"link\" href=\"https:\/\/www.facebook.com\/hashtag\/nigeria?__eep__=6&amp;__cft__[0]=AZVuGFDjAds-BdMa9UYruaPHVQnWKC-C8caOFlW7D3OiiOubUWqRnQvwfCCo3vLqLb1mGLEJCK_Yo_YD3_DixK6zxUW9EXvscrsxHGmvniS5ERrTLzt5ngAYL9aMJKtHc18-9ibd5sGgdTt5TpCun18NtWZfExCb2ejxeSeajyaVFwVvlqjg_6RwzLlwp3uHfYo&amp;__tn__=*NK-R\">#Nigeria<\/a> <a class=\"oajrlxb2 g5ia77u1 qu0x051f esr5mh6w e9989ue4 r7d6kgcz rq0escxv nhd2j8a9 nc684nl6 p7hjln8o kvgmc6g5 cxmmr5t8 oygrvhab hcukyx3x jb3vyjys rz4wbd8a qt6c0cv9 a8nywdso i1ao9s8h esuyzwwr f1sip0of lzcic4wl q66pz984 gpro0wi8 b1v8xokw\" tabindex=\"0\" role=\"link\" href=\"https:\/\/www.facebook.com\/hashtag\/realestate?__eep__=6&amp;__cft__[0]=AZVuGFDjAds-BdMa9UYruaPHVQnWKC-C8caOFlW7D3OiiOubUWqRnQvwfCCo3vLqLb1mGLEJCK_Yo_YD3_DixK6zxUW9EXvscrsxHGmvniS5ERrTLzt5ngAYL9aMJKtHc18-9ibd5sGgdTt5TpCun18NtWZfExCb2ejxeSeajyaVFwVvlqjg_6RwzLlwp3uHfYo&amp;__tn__=*NK-R\">#RealEstate<\/a> <a class=\"oajrlxb2 g5ia77u1 qu0x051f esr5mh6w e9989ue4 r7d6kgcz rq0escxv nhd2j8a9 nc684nl6 p7hjln8o kvgmc6g5 cxmmr5t8 oygrvhab hcukyx3x jb3vyjys rz4wbd8a qt6c0cv9 a8nywdso i1ao9s8h esuyzwwr f1sip0of lzcic4wl q66pz984 gpro0wi8 b1v8xokw\" tabindex=\"0\" role=\"link\" href=\"https:\/\/www.facebook.com\/hashtag\/abuja?__eep__=6&amp;__cft__[0]=AZVuGFDjAds-BdMa9UYruaPHVQnWKC-C8caOFlW7D3OiiOubUWqRnQvwfCCo3vLqLb1mGLEJCK_Yo_YD3_DixK6zxUW9EXvscrsxHGmvniS5ERrTLzt5ngAYL9aMJKtHc18-9ibd5sGgdTt5TpCun18NtWZfExCb2ejxeSeajyaVFwVvlqjg_6RwzLlwp3uHfYo&amp;__tn__=*NK-R\">#abuja<\/a> <a class=\"oajrlxb2 g5ia77u1 qu0x051f esr5mh6w e9989ue4 r7d6kgcz rq0escxv nhd2j8a9 nc684nl6 p7hjln8o kvgmc6g5 cxmmr5t8 oygrvhab hcukyx3x jb3vyjys rz4wbd8a qt6c0cv9 a8nywdso i1ao9s8h esuyzwwr f1sip0of lzcic4wl q66pz984 gpro0wi8 b1v8xokw\" tabindex=\"0\" role=\"link\" href=\"https:\/\/www.facebook.com\/hashtag\/lekkigarden?__eep__=6&amp;__cft__[0]=AZVuGFDjAds-BdMa9UYruaPHVQnWKC-C8caOFlW7D3OiiOubUWqRnQvwfCCo3vLqLb1mGLEJCK_Yo_YD3_DixK6zxUW9EXvscrsxHGmvniS5ERrTLzt5ngAYL9aMJKtHc18-9ibd5sGgdTt5TpCun18NtWZfExCb2ejxeSeajyaVFwVvlqjg_6RwzLlwp3uHfYo&amp;__tn__=*NK-R\">#lekkigarden<\/a> <a class=\"oajrlxb2 g5ia77u1 qu0x051f esr5mh6w e9989ue4 r7d6kgcz rq0escxv nhd2j8a9 nc684nl6 p7hjln8o kvgmc6g5 cxmmr5t8 oygrvhab hcukyx3x jb3vyjys rz4wbd8a qt6c0cv9 a8nywdso i1ao9s8h esuyzwwr f1sip0of lzcic4wl q66pz984 gpro0wi8 b1v8xokw\" tabindex=\"0\" role=\"link\" href=\"https:\/\/www.facebook.com\/hashtag\/investment?__eep__=6&amp;__cft__[0]=AZVuGFDjAds-BdMa9UYruaPHVQnWKC-C8caOFlW7D3OiiOubUWqRnQvwfCCo3vLqLb1mGLEJCK_Yo_YD3_DixK6zxUW9EXvscrsxHGmvniS5ERrTLzt5ngAYL9aMJKtHc18-9ibd5sGgdTt5TpCun18NtWZfExCb2ejxeSeajyaVFwVvlqjg_6RwzLlwp3uHfYo&amp;__tn__=*NK-R\">#investment<\/a> <a class=\"oajrlxb2 g5ia77u1 qu0x051f esr5mh6w e9989ue4 r7d6kgcz rq0escxv nhd2j8a9 nc684nl6 p7hjln8o kvgmc6g5 cxmmr5t8 oygrvhab hcukyx3x jb3vyjys rz4wbd8a qt6c0cv9 a8nywdso i1ao9s8h esuyzwwr f1sip0of lzcic4wl q66pz984 gpro0wi8 b1v8xokw\" tabindex=\"0\" role=\"link\" href=\"https:\/\/www.facebook.com\/hashtag\/lagos?__eep__=6&amp;__cft__[0]=AZVuGFDjAds-BdMa9UYruaPHVQnWKC-C8caOFlW7D3OiiOubUWqRnQvwfCCo3vLqLb1mGLEJCK_Yo_YD3_DixK6zxUW9EXvscrsxHGmvniS5ERrTLzt5ngAYL9aMJKtHc18-9ibd5sGgdTt5TpCun18NtWZfExCb2ejxeSeajyaVFwVvlqjg_6RwzLlwp3uHfYo&amp;__tn__=*NK-R\">#lagos<\/a> <a class=\"oajrlxb2 g5ia77u1 qu0x051f esr5mh6w e9989ue4 r7d6kgcz rq0escxv nhd2j8a9 nc684nl6 p7hjln8o kvgmc6g5 cxmmr5t8 oygrvhab hcukyx3x jb3vyjys rz4wbd8a qt6c0cv9 a8nywdso i1ao9s8h esuyzwwr f1sip0of lzcic4wl q66pz984 gpro0wi8 b1v8xokw\" tabindex=\"0\" role=\"link\" href=\"https:\/\/www.facebook.com\/hashtag\/niger?__eep__=6&amp;__cft__[0]=AZVuGFDjAds-BdMa9UYruaPHVQnWKC-C8caOFlW7D3OiiOubUWqRnQvwfCCo3vLqLb1mGLEJCK_Yo_YD3_DixK6zxUW9EXvscrsxHGmvniS5ERrTLzt5ngAYL9aMJKtHc18-9ibd5sGgdTt5TpCun18NtWZfExCb2ejxeSeajyaVFwVvlqjg_6RwzLlwp3uHfYo&amp;__tn__=*NK-R\">#niger<\/a> <a class=\"oajrlxb2 g5ia77u1 qu0x051f esr5mh6w e9989ue4 r7d6kgcz rq0escxv nhd2j8a9 nc684nl6 p7hjln8o kvgmc6g5 cxmmr5t8 oygrvhab hcukyx3x jb3vyjys rz4wbd8a qt6c0cv9 a8nywdso i1ao9s8h esuyzwwr f1sip0of lzcic4wl q66pz984 gpro0wi8 b1v8xokw\" tabindex=\"0\" role=\"link\" href=\"https:\/\/www.facebook.com\/hashtag\/property?__eep__=6&amp;__cft__[0]=AZVuGFDjAds-BdMa9UYruaPHVQnWKC-C8caOFlW7D3OiiOubUWqRnQvwfCCo3vLqLb1mGLEJCK_Yo_YD3_DixK6zxUW9EXvscrsxHGmvniS5ERrTLzt5ngAYL9aMJKtHc18-9ibd5sGgdTt5TpCun18NtWZfExCb2ejxeSeajyaVFwVvlqjg_6RwzLlwp3uHfYo&amp;__tn__=*NK-R\">#property<\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Real Estate &amp; property prices in Nigeria Nigeria\u2019s real estate trajectory has risen and fallen with international oil markets. Local consultancy Estate Intel cited data from the National Bureau of Statistics (NBS). The housing market will continue to stabilize this year, with house prices and residential rents expected to either remain stable or rise modestly [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5879,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[12],"tags":[48,34,88],"_links":{"self":[{"href":"https:\/\/mercy-house.com\/index.php?rest_route=\/wp\/v2\/posts\/5878"}],"collection":[{"href":"https:\/\/mercy-house.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mercy-house.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mercy-house.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mercy-house.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5878"}],"version-history":[{"count":0,"href":"https:\/\/mercy-house.com\/index.php?rest_route=\/wp\/v2\/posts\/5878\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mercy-house.com\/index.php?rest_route=\/"}],"wp:attachment":[{"href":"https:\/\/mercy-house.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5878"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mercy-house.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5878"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mercy-house.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5878"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}