Why Investing in Real Estate Remains One of the Smartest Financial Moves

ESV Olanrewaju Turner-Shaw

While stocks, crypto, and tech startups continue to dominate the headlines, real estate remains one of the most secured and rewarding investment options especially in a volatile economy like Nigeria’s. Amid rising inflation, currency devaluation, and market uncertainty, property investment offers a level of stability that few other assets cannot match.

Unlike digital or paper assets, real estate is tangible. A plot of land or a house cannot disappear overnight. It retains value and often appreciates over time, particularly in urban and semi-urban areas experiencing population growth and infrastructure development. In Nigeria, cities like Ibadan, Enugu, Uyo, and Port Harcourt are emerging as investment hotspots beyond the traditional Lagos and Abuja markets.

One of the most attractive features of real estate is its ability to generate passive income through rent. Whether it is residential apartments, student hostels, commercial spaces, or even agricultural leases, rental income provides consistent cash flow. More importantly, it serves as a hedge against inflation—as prices rise, so do rents. Unlike other assets that lose value during economic downturns, property often holds firm because people will always need shelter.

Flexibility is another advantage. Investors can choose from various segments—short-let apartments for tourists, student accommodation in university towns, retail outlets in busy districts, or land banking where you buy and hold land until its value appreciates. This diversity makes real estate suitable for different financial goals and risk appetites.

Importantly, real estate is becoming more accessible. Flexible payment plans by developers and landowners now allow young professionals and middle-income earners to start small. With proper guidance, even those earning modest incomes can enter the property market.

However, real estate is not without risks. Nigeria’s property market is plagued with land scams, title disputes, and untrustworthy agents. To avoid losses, buyers must carry out due diligence, verify ownership documents, use qualified real estate professionals, lawyers, and ensure transactions go through proper legal channels. Getting a land survey, Certificate of Occupancy (C of O), and registered title documents is essential.

Also, government policy plays a role. By simplifying land registration, digitizing property records, and providing access to low-interest housing finance, authorities can boost investor confidence and widen participation in the sector.

In conclusion, while investment trends come and go, real estate remains rooted in long-term value. For Nigerians looking to build wealth, generate passive income, and secure a stable future, investing in real estate is not just a smart move. It is one of the best financial decisions you can make.

ESV Olanrewaju Turner-Shaw, a registered Estate Surveyor and Valuer is a member of the Nigerian Institution of Estate Surveyors and Valuers (NIESV).