Nigerian diaspora remittances reached $23 billion in 2025, representing 11% of GDP. A significant portion of these funds is flowing into real estate, transforming property markets across the country.
Where Diaspora Investors Are Buying
Lagos Investment Hotspots
Lekki Phase 1
Property Type: Apartments
Price Range: NGN 80-150 Million
Expected Yield: 8-12% annually
Best for: Rental income and capital appreciation
Ibeju-Lekki
Property Type: Land and Development
Price Range: NGN 15-50 Million
Expected Yield: 15-25% annually
Best for: Long-term appreciation near Dangote Refinery and Lekki Free Trade Zone
Victoria Island
Property Type: Commercial Properties
Price Range: NGN 200 Million+
Expected Yield: 10-15% annually
Best for: Corporate tenants and premium rental income
Epe
Property Type: Land
Price Range: NGN 5-20 Million
Expected Yield: 20-30% annually
Best for: Early-stage investors seeking high growth potential
Abuja
Guzape, Maitama, and Asokoro remain premium locations, with prices ranging from NGN 100-500 million for residential properties. These areas attract diplomats, senior government officials, and multinational executives.
Emerging Markets
Ibadan, Port Harcourt, and Enugu are attracting diaspora investment due to lower entry points and strong rental yields. These cities offer opportunities for investors with NGN 20-80 million budgets.
Short-Let Opportunity
Short-let apartments in Lagos are generating 15-22% annual yields, significantly outperforming traditional rentals. Key success factors include prime location near business districts, quality furnishing and amenities, professional property management, and strong online presence on Airbnb and Booking.com.
Due Diligence Essentials
Land Verification: Use the Lagos State Land Portal for digital verification of land titles and ownership history.
Developer Track Record: Verify completed projects and delivery timelines before committing to off-plan purchases.
Legal Review: Engage a Nigerian property lawyer to review all documentation.
Financing Options
Diaspora-focused mortgage products are now available from several Nigerian banks, with terms of up to 20 years and interest rates of 12-18%.
I-STRATA Advisory
We provide comprehensive real estate investment support for diaspora clients, including property sourcing, due diligence, legal coordination, and property management. Our team ensures your investment is secure and optimized for returns.