Why Vacation-Like Living Is Booming in Nigeria

For over two decades, Nigeria’s real estate market has been evolving, and in bustling cities, a new lifestyle aspiration is reshaping the real estate landscape: vacation-like living. This trend, blending resort-style amenities with everyday comfort, is surging, driven by urban stress, rising affluence, and a hunger for wellness.

As Nigerians seek refuge from the grind, estates like Hutu Exclusive by Mshel Homes are setting the pace, offering investors and homeowners a chance to tap into this vibrant market.

Nigeria’s urban population, now over 53% and growing at 4.2% annually, fuels demand for serene escapes within city bounds. Lagos and Abuja residents, battered by traffic and noise, crave homes that feel like getaways.

According to PwC Nigeria, 65% of middle-class homeowners prioritise leisure-focused properties, a shift from traditional urban flats. This desire dovetails with post-COVID priorities focusing on wellness and family time.

This is prompting developers to craft estates with pools, green spaces, and recreational hubs.
Economic factors amplify the boom.

Nigeria’s real estate market, valued at $91.1 million in 2023, is projected to reach $137.8 million by 2030, with Abuja’s property values rising 15-20% yearly in peri-urban areas like Airport Road.

Vacation-like estates promise high returns, with rental yields in Abuja up 5% in 2024, per The Africanvestor.

For investors, these properties offer dual appeal: steady appreciation and rental income from professionals seeking premium lifestyles.

Hutu Exclusive, launched by Mshel Homes in December 2024 along Airport Road, Abuja, epitomises this trend.

Spanning 500 hectares, it dedicates 40% to leisure with features like artificial lakes, a championship golf course, resort and amusement parks.

Unlike typical estates, Hutu Exclusive is designed to offer residents a daily resort experience with access to everything that makes everyday a vacation.

For individuals, it’s a sanctuary while to investors, it is a goldmine with flexible land and apartment options.

The cultural shift in Nigeria is also contributing to the drive for vacation-like living. Nigeria’s tech boom, with 225,000 tech jobs expected in Abuja by 2025, draws young professionals who value work-life balance.

These buyers seek homes that mirror vacation experiences with spaces for yoga by the lake or barbecues in landscaped gardens. Hutu Exclusive plans to cater to this with infrastructures and features that fosters wellness and relaxation.

Hutu Exclusive’s eco-friendly design, with solar street lights and green areas, is channelled towards sustainability and aligns perfectly with global trends of vacation-like living. The future is shaping, and you can be part of it with Hutu Exclusive by Mshel Homes.