feel free to call 09056000005

Top 3 rising real estate areas in Abuja

Beyond the glitz and glamour that surrounds the main FCT metropolis lies some upcoming but relative unpopular suburbs with good prospects for real estate investment and development.

Since it became the Federal Capital Territory in 1991, Abuja has recorded high population growth, which has, in turn, attracted some real estate firms to the “seat of power.” Here are some of the fast-rising but affordable areas for real estate development across the nation’s capital.

Lugbe

For anyone looking for a cool place to live in Abuja, try Lugbe. The area is budget-friendly which makes it quite attractive to many. This is also the reason Lugbe’s population has grown considerably in the last few years. Its proximity to the city center (less than half an hour away), as well as the airport, has attracted considerable investment into the area. Some of the estates in the area are Goshen Villa Estate, Villa Afrika, Federal Housing Authority (FHA) Estate, Wisdom Estate, Trademore Estate, NCC Estate, Shibann Court Estate, and Osilama Garden Estate, among others.

Most of the estates have a central water treatment and supply facility to guarantee a constant supply of potable water. They are also equipped with outstanding infrastructure and within close reach of the FCT City Gate, serving more than 15 national destinations.

Lugbe enjoys close proximity to Life Camp, Jabi, Dakibiyu, and Wuye to the northeast; while Galadimawa, Lokogoma, and Games VIllage lie to its east. Kuje sits to its west.

Mabushi Area

Mabushi is an upmarket Abuja phase 2 neighborhood that sits to the west of the city center. The area is urban and relatively well developed. It is strategically located at the crossroads between the inner and outer Abuja districts.

The neighborhood has a residential character with considerable commercial elements.

Some of the estates in the area are Crown Court, Rosewood Garden Estate, Mitula Homes, Villa Afrika Realtor, Tennis Court, and Abba Court Estate, among others.

Some of the key features of these estates and impeccable amenities are their own telephone exchange; independent power supply; industrial boreholes with elaborate independent waterworks; clubhouse, swimming pool, and gym, among others.

Lokogoma

Lokogoma is a comparatively new district that is still developing. The neighborhood has experienced rapid growth in the past decade.

Lokogoma has all the basic amenities one would need to start a new life in the city.

The district’s popularity stems from its offerings, which are an excellent balance of quality of life and affordability. Living in Lokogoma, you can enjoy all the delights of living in the city without the costs of residing in more central areas like Wuse.

Its location is easily accessible to all parts of Abuja, as it is bound by SunCity and Sunny Ville Estates. It is located in a low-density environment, 5km (or 10 mins drive) to the city center.

For value for your money, check estates like Efab Estate, Pentville Estate, Sunnyville Estate, and Micheville Estate, among others. They are located within 30 minutes from the Nnamdi Azikwe International Airport and 25 minutes from the city center.

Bottomline

The Abuja real estate landscape is full of potential for anyone interested in buying land, houses or renting an apartment. As the capital city of Nigeria, Abuja has seen a rise in real estate investments and it is clear that the industry is open for business to all who wish to buy and own real estate in the city.

source: Nairametrics

Similar Topics

The Lagos State Government, through the Lagos State Physical Planning Permit Authority (LASPPPA),...

23 days ago Read More

The Federal Government has expanded the Abuja-Kaduna-Kano Road project to incorporate a direct...

29 days ago Read More

The Federal Capital Territory Administration (FCTA) has taken possession of Wadata Plaza, the...

a month ago Read More

Defaulters on FCT ground rent now have 14 days grace to pay up what they owe the FCT Administration...

a month ago Read More

Unprofessional practices by estate agents in major cities are significantly influencing the spike...

a month ago Read More

A Real estate development firm, Lifecard International Investment Company, has revealed that many...

2 months ago Read More

Despite a fall in investment volumes from the 2021 peak, there is an ongoing desire for property...

2 months ago Read More

The Lagos State government has advised the leadership of the Nigerian Institution of Estate...

2 months ago Read More

Real estate market dynamics such as construction cost, land, finance, government policies and taxes...

2 months ago Read More

Event Set to Celebrate Managers Who Shape Careers and Drive Organizational Growth   Business...

3 months ago Read More

Global Leaders to Converge in Lagos for Landmark Event Driving Urban Innovation and...

3 months ago Read More

In a bold move to redefine affordable luxury housing, Nigerian real estate giant Gtext Holdings has...

3 months ago Read More

Industry Experts Urge Anti-Corruption Measures, Innovative Financing to Address Crisis By: Oche...

3 months ago Read More

LAGOS, NIGERIA – Global real estate consultancy Knight Frank and UK developer Mount Anvil...

4 months ago Read More

By Oche Onum Lagos, Nigeria As Nigeria’s real estate sector braces for 2025, rapid...

4 months ago Read More

By Oche Onum Abuja, Nigeria In a landmark move to combat climate vulnerabilities in urban...

4 months ago Read More

LAGOS, NIGERIA The Federal Government announced plans Wednesday to establish a Real Estate...

4 months ago Read More

According to The Guardian's investigation, 70% of Nigerian states rely on manual land...

4 months ago Read More

What is the Initiative? The Federal Government of Nigeria has unveiled an N100 billion private...

4 months ago Read More

Abuja, Nigeria’s gleaming administrative capital, has long symbolized hope for migrants...

4 months ago Read More