7 Reasons Nigerians Abroad Should Invest in Abuja Property in 2023

Sep 4, 2023 | Abuja Land, New Blog post, Smart Investment | 0 comments

Abuja, the capital of Nigeria, is a rapidly growing city with a lot to offer investors. The city is home to a number of government offices, embassies, and multinational corporations, and is experiencing a surge in economic activity. This growth is driving up demand for property, making it a good time for Nigerians abroad to invest in Abuja real estate.

Here are 7 reasons why Nigerians abroad should consider investing in Abuja property in 2023:

  1. Increasing demand: The demand for property in Abuja is increasing, due to the city’s growing population and economy. The population of Abuja is expected to reach 3.5 million by 2030, and the city’s economy is growing at a rate of 7% per year. This increasing demand is driving up property prices, making it a good time to invest.
  • Fact: The population of Abuja has grown by an average of 5% per year over the past decade.
  • Statistic: The average price of a property in Abuja has increased by 10% per year over the past five years.
  1. Limited supply: The supply of property in Abuja is limited, due to the city’s strict zoning laws. This limited supply is helping to keep property prices high, and is making it a good investment for those looking to make a profit.
  • Fact: The Nigerian government has put in place strict zoning laws to protect the environment and ensure the orderly development of Abuja.
  • Statistic: Only 30% of the land in Abuja is zoned for residential development.
  1. Government support: The Nigerian government is supporting the development of Abuja, by investing in infrastructure and amenities. This investment is making Abuja a more attractive place to live and work, and is driving up demand for property.
  • Fact: The Nigerian government has invested billions of dollars in infrastructure projects in Abuja, including roads, bridges, and airports.
  • Statistic: The number of international flights to Abuja has increased by 20% over the past year.
  1. Good rental yields: Rental yields in Abuja are good, averaging around 10% per year. This means that investors can expect to make a good return on their investment, even if they don’t sell the property.
  • Fact: The average rental yield for a property in Abuja is 10%.
  • Statistic: The average rent for a 3-bedroom apartment in Abuja is $1,000 per month.
  1. Capital appreciation: Property prices in Abuja are expected to continue to appreciate in value in the coming years. This means that investors can expect to make a profit when they sell the property.
  • Fact: Property prices in Abuja have appreciated by an average of 15% per year over the past five years.
  • Statistic: The average property price in Abuja is expected to reach $1 million by 2030.
  1. Low-risk investment: Property is considered to be a low-risk investment, as it is a tangible asset that can be easily sold if needed. This makes it a good option for investors who are looking for a safe investment.
  • Fact: Property is a tangible asset, meaning that it has physical form and can be easily valued.
  • Statistic: The value of property is relatively stable, even during economic downturns.
  1. Easy to manage: Property in Abuja is easy to manage, as there are a number of professional property management companies that can help with the day-to-day tasks. This makes it a good option for investors who are not familiar with the local market.
  • Fact: There are a number of property management companies in Abuja that can help with tasks such as finding tenants, collecting rent, and managing repairs.
  • Statistic: The average cost of property management in Abuja is 10% of the monthly rent.

Realty 360 Innovations: Your Trusted Partner in Real Estate Investment

At Realty 360 Innovations, we understand the challenges that rising rent costs pose for individuals and families in Abuja. As a premier real estate company, we are committed to helping you navigate the path to financial security and long-term housing stability. With a proven track record and a deep understanding of the local real estate landscape, we offer a range of well-located estates that are perfect for investment and development.

Why Choose Realty 360 Innovations:

  1. Expertise: Backed by years of industry experience, we possess the expertise needed to guide you through the intricacies of land acquisition, ensuring a seamless and secure transaction.
  2. Premium Selection: Our portfolio boasts a diverse range of estates strategically located to maximize growth potential, ensuring your investment flourishes over time.
  3. Transparent Approach: We believe in transparency and ethical dealings. Our team is dedicated to providing you with accurate information and addressing any questions you may have.
  4. Personalized Solutions: We understand that every investor has unique needs. Our team is here to help you find the perfect piece of land that aligns with your goals and preferences.

Take Action Today!

The time to take control of your housing and financial future is now. Say goodbye to the uncertainties of rising rent costs and hello to the empowerment of land ownership. Connect with Realty 360 Innovations today and explore the exciting opportunities that await you. Together, we can secure your path to a brighter, more prosperous tomorrow.

Contact us now to get started: https://www.realty360innovations.ng/contact-us/

Your journey towards financial security begins with a single step. Let Realty 360 Innovations be your guide on this exciting endeavor.

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