The Nigerian property market is a profitable place to invest in. Whether for a local or foreign investor, it is worth knowing that properties in Nigeria appreciates very well and would always be a sure bet for profit making.
As a country rich in oil and gas, the entertainment capital of Africa and abundant economic potentials, Nigeria has always been an attractive market.
It is worthy of mote that the types of houses you would get in Nigeria are not tents, trailers, Igloos, gingerbread house or underground homes. Although, it is rumoured that there is at least one underground home in every state in Nigeria.
Unlike you would find the western countries, ranches are not the common housing type in Nigeria but in states where individuals possess many plots of land, the houses are somewhat related to a ranch as there is usually a large expanse of land in front of the house. They may even have a garden or farmland in the backyard of the house. This type of house is mostly found in villages and towns where subsistence farming is still being practised.
There’s so much of confusion as to what house is which and that’s why we have taken the time to carefully pick out and show you different housing types in Nigeria.
Bungalow houses are a simple single-story house without a basement. To a large extent, the most popular residential and commercial house in Nigeria. These types of houses are economical to build while maintaining luxury and durability. Bungalow houses are either detached or semi-detached. The detached ones are a single standing property that does not share any walls with any other structure. These property type due to its isolation are usually very private. The semi-detached ones are joined together by a common wall in the middle. One side of each house shares a common wall while the other side is detached. These types of houses in Nigeria can be found in both rural and urban areas of the country.
Duplex houses are stacked apartments on two different floors which often looks like either two houses put together or a large single house sharing a wall between halves. Similar structures with three or four housing units or floors are called triplex or fourplex. Duplex houses are more common in cities although city dwellers have been known to establish such buildings in their hometowns. Like bungalows, duplexes in Nigeria are usually two types; detached and semi-detached. The only difference is, while bungalows are grounded, Duplexes are usually story high.
Townhouses are also like the terraced houses. They are often three or more stories tall and may include a garage on the ground floor. Townhouses are found in housing units or gated estates.
This style of housing has identical individual houses conjoined into rows. In other words, they are a line of houses which are placed directly onto each other built with shared walls between dwellings. They usually have uniform fronts and uniform heights making the houses identical. This is the common form of housing you find in estates and some housing units.
It is not common to find this type of house in Nigeria. Usually, the penthouse is the apartment on the highest floor of an apartment building or hotel. They typically have luxury features which differentiate them from other types of house. These luxurious features include high-end appliances, finest materials fitting, luxurious flooring system, private entrance or elevator, vaulted ceilings. They are often associated with a luxury lifestyle. The residents of penthouse often have fine views of the city skyline. This type of house can only be found in cities such as Lagos, Abuja, Port Harcourt, Enugu, Warri among others.
The traditional houses in Nigeria are usually found in the rural areas of the country. The traditional building materials of these houses are also determined by the local environment. The principal building materials used in traditional houses in Nigeria include mud, wood, straw, palm fronds and raffia matting. Straw and mats made from raffia palm leaves are commonly used for roofing in the south and in some part of the non-Moslem north. You wouldn’t find houses built of solid wood except for those in the riverine areas. The Ijaw people of Nigeria, especially those close to the river, have their houses built from strong bamboo sticks and woods. These houses are built directly on top of the water areas.
This gives anyone a great knowledge about property expectations in Nigeria and how these house types are attached with their unique prices. Real estate companies like Fesadeb media presents more opportunities for those seeking to know more about property types and investments in Nigeria
By Ojonugwa Felix Ugboja