The Problem of Overpriced Assets in Lagos and Why the Lekki Free Trade Zone Is a Game-Changer
The Lagos real estate market is notorious for its overpriced assets, with properties in areas like Ikoyi and Magodo often commanding exorbitant prices. While these locations are prestigious, the cost of acquiring land or building can significantly outweigh the potential returns, especially in an inflationary economy. For example, a 500 sqm plot in Ikoyi sells […]