Question: Do you think Nigerian Real Estate Market is over Priced.

I was on Nigeria property center yesterday looking for a property for a client and I stumbled on this property.

According to Nigerian Property Center, this 30 Luxury Apartment is the most expensive house for sale in Nigeria right now,
It cost $35,000,000 and if exchanged for naira it would cost ₦14,385,000,000
the house features include the following

a room Bq & Swimming Pool Plus
Gym On 15 Floors.
With massive parking space
*DESCRIPTION*
26 units of luxury 3bedroom apartment measuring 280sqm.

2 units of 4bedroom luxury penthouse.

2 units of 2bedroom luxury apartment measuring 150sqm.

These are the images of the said property




Do you think this property is overpriced or real estate, in general, is overpriced in Nigeria?

check Instagram to see more pictures of the luxury building
https://www.instagram.com/p/CRWbeTLtCFP/?utm_medium=copy_link

instagram

yh

lalasticlala