When you buy real estate in Lagos, returns are high, also real estate in Lagos is high risk, but what are the risks?
Based on the population size and huge commercial activities in Lagos, it is a real estate hotcake. However, the high yield and demand of Lagos real estate, also creates a high risk of real estate scams, frauds and manipulations.
Starting from real estate developers, to Lagos State Government, either you’re land banking in Lagos, buying offplan houses in Lekki or charging per night for shortlet in Lagos.
Nevertheless, despite these high risks in Lagos real estate, the good news is that you can manage and handle these risks, through proper planning and analysis.
Watch the video below for more tips.
No Comments