Buying a house is a big commitment. But the benefits can make homeownership a rewarding financial and lifestyle investment. Of course, you need to buy the right house. And that starts with location.
Millions of Nigeria are not aware that they may be living in one of the country’s hottest housing markets and probably don’t even know it.
So where should you begin your search? If you’re looking to become a homeowner, these are the best cities to live in Nigeria.
Lagos
Lagos City is not only the most populous city in Nigeria but is also the most popular. This is where most people think of when Nigeria is mentioned.
With a population of over 20 million people, Lagos is located in the western part of the country, at the bank of the Atlantic Ocean and covers a total land mass of 999.6 km2. It is believed to be the economic capital of West Africa in its entirety, as it attracts investors from home and abroad due to numerous opportunities.
The city’s population is no surprise considering the major market growth in entertainment, technology and other sectors; not to mention the multiple Corporations present in the city. This explains why there is a constant emigration from rural areas of other States to the city of Lagos in search of a “greener pasture”.
Lagos presents residents and visitors with a good mix of city life and the outdoors. It also scores high marks for its diversity, public schools and outdoor activities, while struggling to keep crime and the cost of living in check.
Residents will love the public schools and job prospects, with plenty of entertainment options and opportunities to exercise.
Ibadan
Ibadan is the capital of Nigeria’s Oyo State. With a population of over 3 million residents, the city is known for its affordable housing unlike Lagos. It is the most populous city of the state and the third-most populous in the country. It is the country’s largest city by geographical area covering 2,600 square miles.
Ibadan is also a major Educational Centre as it is home to Nigeria’s first university, the University of Ibadan (U.I). Ibadan provides a more calm environment and less traffic congestion unlike Lagos. This is because the population and migration increase rate is nothing compared to that of Lagos. Residents tend to have moderate world views, and more than 50 percent of the population owns a home.
Abuja
Abuja is the country’s capital with a population of over 3 million people. The administrative city is home to Government ministries and parastatals, International Embassies, the Aso Presidential Villa and Government Officials. But in recent times, apartments can also be owned by other individuals if you are willing to pay since the apartments are extremely expensive.
Abuja remains the fastest growing city in Africa and one of the fastest in the world with an annual growth of at least 35%. One interesting feature of the city is not just being the seat of power but also housing some of the best luxurious real estate properties.
Abuja is a great place to buy a home and live. It helps that the city is diverse and has a good nightlife scene. It also boasts great schools and weather, jobs, an easy commute, ample outdoor activities and quality nightlife scene for a city its size, making it a good city for families.
Benin
Benin is one of the oldest cities in Nigeria. The city is the capital of Edo state, known for its rich culture and history. It has a population of over 1.3 million people and the sixth-most populous city in the country
Benin city is known to house many artworks especially bronze casting and other metal works. Some of the tourist attractions include the Palace of the Oba of Benin, National Museum and the King’s square. Residents enjoy the city’s nightlife and restaurants. Living conditions in Benin can vary for those living in urban areas versus those living in rural areas, with those in urban areas typically having access to more resources.
Port Harcourt
Port Harcourt City houses over 1.5 million people. The major jndustry in this city is Petroleum. It also boasts of a few highly respected educational institutions and popular oil firms like Royal Dutch Shell, Chevron etc.
Lagos and Port-Harcourt are among the most industrialized states in Nigeria. This means the standard of living is high. Also, with many industries located here, most people migrate to these states in search of job opportunities. Port Harcourt is arguably the 3rd most developed metropolitan area in Nigeria after Lagos And Abuja and it’s the Nigerian Oil Capital.
Ogun State
Ogun state is a good location to live if you are the type that cannot withstand the Lagos stress. The state has a large number of industries, residential estates, and good social amenities easy to access, with a reasonable cost of living. A peaceful area to be especially to young ones willing to start a family. At 4Point Property, we have beautiful and affordable properties for you at Ogun state.
We have given our sincere verdict on the five best places to live in Nigeria. Now, it is your decision to pick whichever neighbourhood you would love to reside. However, no single place has all the perfect things which is why we highlighted the features of each city. Whichever place you choose to live, we hope you can have as much fun and satisfaction from your abode.
