We do not mean that the Nigerian Real Estate Market is the most funded rather it is underfunded neither did we declare that the 200,000,000 population figure is based on actual census, but it being settled that 1 of every 6 inhabitants of sub Saharan Africa is Nigerian, you can do the math.

We do not mean to lock horns, the worth of the Nigerian Real Estate sector cannot be defined as there is no indices to deduce value, but ask yourself, how many major cities are there in Nigeria where Real Estate investments are very strong and then check to see how many such cities there are in the whole of sub Saharan Africa, you will get the idea.

Fact is the sector is being harmonized and new ideas are flourishing and being embraced, I am sure in a few years you will understand how it is that Nigeria’s economy is the most important in the sub continent.
While at it, please visit this site and study the Nigerian Investment Report (2009) http://www.africamatters.com/site_content_files/files/nigeria_investment_report_2009.pdf

Market Statistics show that in the year 2008, the African Real Estate Sector performed stronger than the US Real Estate Sector, as strong as the European Real Estate Sector with only the Real Estate Sectors of Asia Pacific and the Middle East showing more strength than the African Real Estate Sector. That the African Real Estate sector was the least affected by recent Global economic crisis indicates that the African Real Estate is the most resilient of the world's real estate markets and the factual position of the African real estate market is that it is not only an emerging market with great capacity for growth, it is also as profitable as any other market in the world. It should be mentioned also that  growth of the African real estate market is inhibited by the general misconception of international  investors who erroneously perceive Africa as the dark continent to their own peril, because Africa is a new frontier for business and as a matter of fact, the last frontier.

Any savvy or prudent real estate investor would know that because the African real estate market is still in its infancy,  this is the proper moment to enter the  market and entering the market at this time places investors and developers in vantage positions because in a market where demand far exceeds supply, maximum returns can be generated over a very short period of time; moreover, in most African countries the need for development has led to liberalization of statutory requirements placed on investors which is a good indicator for investors and this reflects in lower tax considerations, easier capital repatriation and zealous protection of investor funds.

Without controversy, the Nigerian real estate sector is the most relevant on the continent of Africa, not just because of being the market with the highest realizable ROI but also because demand for property is very high owing to a vibrant local economy constituted by a population in the excess of Two hundred million ( 200,000,000) supported by petro dollars, this so not surprisingly considering that Nigeria is the biggest petroleum producer on the continent.

Nigeria has a uniquely high local demand for property;  this demand creates opportunity for investment. With high demand for property comes high ROI for investors who invest in real estate development in Nigeria, active investors have recorded AROI’s of over 100% under certain conditions, but the market guarantees AROI of as high as 40%. There exists a high demand for  residential, commercial and hospitality real estate in Nigeria; but the Nigerian market is beclouded with mystique often considered uncertain and even dangerous to many investors  who may otherwise wish  to exploit the opportunities existent in the Nigerian real estate market.

Our company VIC THREE LIMITED  has a purpose to demystify the Nigerian Real Estate market and expose it for what it really is i.e. A real estate investment market where a strong local demand creates an environment offering better security to the investors investments unlike say UAE or Costa Rica which must attract foreign demand for local real estate to sustain their real estate industries.

If you wil want to discuss how you can enter and take advantage of the Nigerian Real Estate market please do not hesitate to contact us.

Vic Three Limited. 
Lawan Gawanabe Cresent, Apo Qtrs,                                               
FCT, Nigeria.                                                         
Tel: + 234 (0) 8 133 150 150
Tel: +234 (0) 70 406 202 14
Web: www.vic-3-ltd.net           
Email: vic-3-ltd@hotmail.com