Nigeria Ranks 5th in Emerging Market’s Luxury Property Costs – Survey
In a survey conducted by Lamudi, a global property firm, Nigeria has been ranked fifth in the cheapest luxury market in the emerging market with a value of $967.03 million per square.
Angola ranked first with $4. 513 billion per square while Ghana trailed with $1.169 billion.
Tunisia and Indonesia emerged 3rd and 4th respectively with $1.000 billion and $983 million with Nigeria coming 5thwith $967.03 million.
Other countries ranked include, Ethiopia, Ivory Coast, Tanzania, Mexico, Colombia and Kenya Fast-growing Ethiopia is the cheapest place in the world’s emerging markets to buy luxury property, according to a new ranking.
Top end real estate in the country costs around $448 per square metre while luxury property in Angola is ten times more expensive at over $4,500 per square metre.
