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Nairaland Forum / Nairaland / General / Properties / 10 Most Lucrative Cities In Nigeria For Property Investment (31600 Views)
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Re: 10 Most Lucrative Cities In Nigeria For Property Investment by YourNemesis: 11:57am On Nov 19, 2016 |
omoyowa: Keep posting, Tell me when u are done. If you ever stop them I will know you have your head up your butt. ![]() 1 Like |
Re: 10 Most Lucrative Cities In Nigeria For Property Investment by YourNemesis: 11:59am On Nov 19, 2016 |
Omudia: Well, good. But I would chose Lag over Abj anyway considering population and demand factor for lucrativeness. |
Re: 10 Most Lucrative Cities In Nigeria For Property Investment by brostheo(m): 12:02pm On Nov 19, 2016 |
XaintJoel20:Why not start by mentioning the so-called lucrative part of benin |
Re: 10 Most Lucrative Cities In Nigeria For Property Investment by Nobody: 12:09pm On Nov 19, 2016 |
Exactly! Lagos is much better for business and other economic reasons. The thing is that abuja Landlords are too greedy. They would rather leave their houses empty than rent them for lower prices. YourNemesis: 1 Like 1 Share |
Re: 10 Most Lucrative Cities In Nigeria For Property Investment by MrEverest(m): 12:13pm On Nov 19, 2016 |
YourNemesis:Pls we should not allow sentiment to overide logic. You are emotionally biased. I'll like you to answer a few questions; First, how much is the average rent for a self contained apartment or two bedroom flat in Ibadan, Onitsha, Uyo or Kaduna against Warri, Owerri or Asaba ![]() ![]() 1 Like 1 Share |
Re: 10 Most Lucrative Cities In Nigeria For Property Investment by vinelli(m): 12:14pm On Nov 19, 2016 |
BornStunner1:It seems like u have a brain disease or something |
Re: 10 Most Lucrative Cities In Nigeria For Property Investment by chinology: 12:22pm On Nov 19, 2016 |
1 Like |
Re: 10 Most Lucrative Cities In Nigeria For Property Investment by MrEverest(m): 12:23pm On Nov 19, 2016 |
meezynetwork:Kano & Kaduna would be included among twenty most lucrative property destinations in Nigeria but certainly not in the first ten, based on the parameter used, which is "LUCRATIVE" 1 Like 1 Share |
Re: 10 Most Lucrative Cities In Nigeria For Property Investment by YourNemesis: 12:37pm On Nov 19, 2016 |
MrEverest: No wonder your list was filled with poo. You are the one who is biased..... I am led to believe you are from Delta state or around that area. So your criteria for measuring the lucrativeness or buoyancy of an area's property market is how much houses get rented to poor and middle class people. Yes, there might not be a "city" called central Ogun for now, because that entire area is a cluster of mid sized settlements, but trust me just because the area does not have an official city name yet, does not mean it is a dead zone, it is a hive of building and property explosion. When everything congeals into a proper metro, you will know wassup. After-all, there is no city called Silicon valley, yet it is world renowned today. 2 Likes 1 Share |
Re: 10 Most Lucrative Cities In Nigeria For Property Investment by MrEverest(m): 12:37pm On Nov 19, 2016 |
Chukazu:Bro, I resided in Aba for donkey years and we have properties there. Aba & Onitsha cant be in the first ten based on the parameter used which is "LUCRATIVE". Property returns is very low in Aba, you can get a two bedroom flat in Aba for a ridiculous 120,000 naira per annum! I mean even in relatively decent areas like Ogbor-hill, Umungasi etc but such amount can only get you a self contain in the suburbs of Owerri like Nekede, Orji etc. Same also applies to Yenegoa in a lesser extent & shops in Aba can be as low as 5k to 10k per month while same will go for as much as 30k to 50k in Owerri or Yenegoa! 1 Like |
Re: 10 Most Lucrative Cities In Nigeria For Property Investment by YourNemesis: 12:41pm On Nov 19, 2016 |
MrEverest: Just say you are ranking areas with the highest house rents so that we can all go and rest. ![]() ![]() 1 Like |
Re: 10 Most Lucrative Cities In Nigeria For Property Investment by InyinyaAgbaOku(m): 12:41pm On Nov 19, 2016 |
Olu20090: And to think this is just the poor man's area makes Enugu more amazing 1 Like 1 Share |
Re: 10 Most Lucrative Cities In Nigeria For Property Investment by mrvitalis(m): 12:46pm On Nov 19, 2016 |
omoyowa:Bro we own properties close to water board in yenegoa so please i know what am saying |
Re: 10 Most Lucrative Cities In Nigeria For Property Investment by MrEverest(m): 12:49pm On Nov 19, 2016 |
YourNemesis:I dont know if your problem is inabillity to read and comprehend or emotional bias. I never insinuated that the region or areas of Ogun state bodering Lagos state are "dead zone". Do you even know the meaning of the word LUCRATIVE ![]() 1 Like 1 Share |
Re: 10 Most Lucrative Cities In Nigeria For Property Investment by MrEverest(m): 12:57pm On Nov 19, 2016 |
YourNemesis:The keyword used is LUCRATIVE CITIES & that is synonimous with PROFIT! How can you get a high ROI when the rent is too low ![]() 1 Like 1 Share |
Re: 10 Most Lucrative Cities In Nigeria For Property Investment by omoyowa: 12:59pm On Nov 19, 2016 |
chinology: Ewu Gambia.....keep trailing me.. anumanu |
Re: 10 Most Lucrative Cities In Nigeria For Property Investment by YourNemesis: 12:59pm On Nov 19, 2016 |
MrEverest: Lets start with how many High income buildings are in all of Yenagoa compared to lets say Benin. A town I can't even see on my map unless I zoom in has suddenly become more lucrative than a big city simply because it has a few jaw breaking exorbitant properties propped up by oil money. Ok, let me ask you, between New York one of the world's largest metros, and Luanda Angola, the most expensive city in the world- which is more lucrative? Follow your own criteria to answer that and see how dumb you will end up looking. 2 Likes |
Re: 10 Most Lucrative Cities In Nigeria For Property Investment by omoyowa: 1:00pm On Nov 19, 2016 |
YourNemesis: who send you.. ghararaaaaa here men |
Re: 10 Most Lucrative Cities In Nigeria For Property Investment by chinology: 1:01pm On Nov 19, 2016 |
omoyowa: We have always known that you are a bastard born of a prostitute
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Re: 10 Most Lucrative Cities In Nigeria For Property Investment by YourNemesis: 1:01pm On Nov 19, 2016 |
Re: 10 Most Lucrative Cities In Nigeria For Property Investment by omoyowa: 1:05pm On Nov 19, 2016 |
chinology: Dude, go and tell that your ugu man to stop steering dust on d envirinmental surface in d name of grading 4 km road |
Re: 10 Most Lucrative Cities In Nigeria For Property Investment by ianSweet(f): 1:10pm On Nov 19, 2016 |
Kfed4ril: We all know that every city has expensive and cheap areas for various levels of income earners. How much is a plot of Land in Makoko or Ajegunle? Are these places not in Lagos too? Neither Yenagoa nor Asaba have expensive quarters like Kano, Kaduna and Jos. Places like Rayfield and Rock haven in Jos city, u see plots of lands and buildings in tens to hundreds of millions. U lack objectivity and rational evaluation. The list is bullshit. 1 Like |
Re: 10 Most Lucrative Cities In Nigeria For Property Investment by MrEverest(m): 1:12pm On Nov 19, 2016 |
YourNemesis:Your comparison is out of sync. How do you compare a first world city with a third world city and expect to get a fair result ![]() ![]() |
Re: 10 Most Lucrative Cities In Nigeria For Property Investment by chinology: 1:14pm On Nov 19, 2016 |
omoyowa: Now you are talking. Your hopeless father is responsible for your frustration and hopelessness in life. You are wandering all over the place due to frustration in life. Your life is in shambles. Lol |
Re: 10 Most Lucrative Cities In Nigeria For Property Investment by YourNemesis: 1:20pm On Nov 19, 2016 |
MrEverest: Okay then, Why is Nigeria considered a more lucrative economy/market than Equatorial Guinea? Let me break the facts down for you Nigeria population: 186 million Equatorial Guinea population: 770,000 Nigeria per capita GDP = $3,000 EQG per capita GDP = $20,581 (richest African country) 1 Like 2 Shares |
Re: 10 Most Lucrative Cities In Nigeria For Property Investment by MrEverest(m): 1:48pm On Nov 19, 2016 |
YourNemesis:Another flawed comparison, yes Nigeria is a more attrative investment destination but THATS ON A GENERAL PERSPECTIVE. E.Guinea might still have a higher ROI on properties than Nigeria. Now let me break it down for you by using a local example, Zaria may have 5 times the population of Warri but which among the two has a higher ROI on property investment?? |
Re: 10 Most Lucrative Cities In Nigeria For Property Investment by YourNemesis: 2:13pm On Nov 19, 2016 |
MrEverest: Economic magazines don't publish opinions and label them as facts. That Nigeria is a more lucrative market than EQG isn't just hearsay but on real economics. Equatorial guinea might have higher return on investment for specialized single or tens of properties, but In the field of Mass economics and economics of scale when you are talking on TOTAL return on investments, EQG is surely no match. That is my own perspective on Lucrativeness and how it is viewed by most people with an economically sound mind. btw: Nowhere does Zaria have 5 times Warri's population. Both are Mid sized cities, One is the economic capital in an oil rich state, the other in an semi-arid area in a northern state that has Kaduna as its crown jewel, not Zaria. 1 Like 1 Share |
Re: 10 Most Lucrative Cities In Nigeria For Property Investment by spako4(m): 2:43pm On Nov 19, 2016 |
Emassive:Let me have your address? |
Re: 10 Most Lucrative Cities In Nigeria For Property Investment by ernieboy(m): 4:01pm On Nov 19, 2016 |
brostheo:which part of the city have u been to? don't confine yourself to ekosodin, and ugbowo axis and think that you have seen the city. uniben is actually on the outskirts of the city. FYI I am an alumnus of uniben. 1 Like |
Re: 10 Most Lucrative Cities In Nigeria For Property Investment by ernieboy(m): 4:17pm On Nov 19, 2016 |
YourNemesis:is that not a criteria for determining the lucrativeness of real estate in a city? |
Re: 10 Most Lucrative Cities In Nigeria For Property Investment by agyo(m): 4:38pm On Nov 19, 2016 |
350k for safe con and 1m for a bedroom flat in Port Harcourt. Liar of the century. Arrant nonsense. That a blunt liar. 2 Likes |
Re: 10 Most Lucrative Cities In Nigeria For Property Investment by MrEverest(m): 4:47pm On Nov 19, 2016 |
ernieboy:God bless you. Lack of understanding is the bane of nowadays youths. |
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