Real EstateTops Oil & Gas as Nigeria's Third-Largest Sector: Why 2025 Is the Best Time to Invest.
Preliminary data from Nigeria’s ongoing GDP and CPI rebasing shows real estate has overtaken oil and gas as the third-largest sector, ranking behind crop production and trade. Previously dominated by agriculture, which contributes over 20% to GDP, real estate services grew nominally by 46.52% in Q3 2024, a sharp increase from the same period in 2023. Quarter-on-quarter, the sector grew 16.15%, contributing 5.43% to real GDP, slightly below the 5.58% recorded in Q3 2023. Statista projects the real estate market will hit $2.61tn by 2025, with residential properties leading at $2.25tn. The NBS began GDP rebasing last year to reflect updated economic realities, a process last done in 2014, which boosted GDP by 89% and cemented Nigeria’s position as Africa’s largest economy.
At Tetramanor, we’ve always believed in the transformative power of real estate, and the numbers don’t lie. These fundamentals are reflected in Tetramanor’s projects, such as Queen Mary Estate, where early buyers have already seen a significant return on investment.
A Perfect Example: Queen Mary
When Queen Mary was first launched, the 1-bedroom units sold for ₦45 million for the ground floor and ₦50 million for the 3rd and 4th floor By December 2024, sales closed for the year. Now, as the market reopens in January, those same units are priced at ₦50 million and ₦55 million respectively. Without lifting a finger, early buyers have gained ₦5 million in value in just one month. Imagine earning ₦5 million extra value by simply being ahead of the curve.
King’s Landing: A Star in the Making
Similarly, King’s Landing, which began selling in late 2024, has seen rapid appreciation. The 3-bedroom terrace initially launched at ₦120 million but is now selling for ₦130 million, and the 5-bedroom semi-detached duplex that started at ₦180 million in late 2024 is now ₦200 million! If you’d secured yours then, you’d already have ₦20 million in equity, without lifting a finger. With only a few units left, this project is almost sold out, a testament to the confidence investors have in Tetramanor’s ability to deliver.
The Opportunities in 2025
As the Nigerian real estate market continues to grow, there’s never been a better time to invest. While rising costs of building materials and regulatory challenges remain, the demand for quality housing, especially in urban centers like Lagos, remains insatiable. At Tetramanor, we’re proud to be part of this growth story, offering projects like Queen Mary, King’s Landing, TM High Gardens, and others that align with the evolving needs of homebuyers and investors.
Queen Mary
Queen Mary by Tetramanor is a premium housing project in Mende, Maryland, Lagos, featuring 14 two-bedroom maisonettes and 26 one-bedroom apartments. Designed for families, investors, and first-time buyers, it combines comfort and accessibility in a peaceful yet central location. Perfect for living or investing, Queen Mary offers high rental income potential and capital growth, making it a smart choice for anyone seeking modern, quality housing in Lagos.
King’s Landing
King's Landing by Tetramanor is a luxury residential development in the upscale Mende neighborhood of Maryland, Lagos. It features 8 meticulously designed 3-bedroom terraces and 4 exquisite 5-bedroom semi-detached duplexes, designed for modern family living. Combining elegant architecture, a serene environment, and easy access to urban amenities, King's Landing is the perfect choice for families seeking comfort, sophistication, and convenience in the heart of Lagos.
TM HighGardens
TM HighGardens is a luxurious development in Eko Atlantic City, Africa's premier real estate destination. Designed for the elite 1%, it offers a blend of beauty, opulence, and exclusivity. The project features 25 floors of luxury apartments, including 1- to 4-bedroom units and maisonettes, priced from ₦140 million and above. With a focus on nature-friendly living and ample greenery, TM HighGardens is the ultimate address for a sophisticated lifestyle.
Take Action Today
Don’t wait for another price increase—lock in your unit now. Visit tetramanor.com to explore our available properties or schedule a private viewing.
Tetramanor: Where your dream home becomes reality.