Turning Property Into Profit in Lagos: What Smart Investors Consider First
In Lagos, real estate isn’t just about owning land or buildings — it’s about turning those assets into consistent profit. At Rinwa Realty, we’ve worked with investors at every stage — from their first plot to a portfolio of apartments. And we’ve seen one thing over and over: the smartest investors don’t just buy property — they plan around profit.
Let’s walk through what this looks like in real life.
The Lagos Investment Scenario
Meet Aisha, a mid-level professional with some savings and a desire to grow her wealth. She’s not looking for a home to live in — she wants a property that earns.

After meeting with Rinwa Realty, she decides to buy a newly built 2-bedroom apartment in Ajah. The price? ₦30 million. She also spends ₦5 million on furnishing, legal documentation, and setting it up as a short-let unit.

Total investment: ₦35 million.
The Earning Potential
Through platforms like Airbnb and direct bookings, Aisha rents her unit for ₦70,000 per night. With good marketing and a great location, she secures about 18 bookings per month.

₦70,000 × 18 nights = ₦1.26 million per month
₦1.26 million × 12 months = ₦15.12 million per year

Even after deducting ₦2.5 million yearly for cleaning, maintenance, and service charges, her **net annual income** is about ₦12.6 million.
Her Return on Investment (ROI)
Here’s how Aisha calculates her ROI:

ROI = (Annual Profit ÷ Total Investment) × 100
ROI = (₦12.6 million ÷ ₦35 million) × 100 = **36%**

That means every year, she earns back 36% of her original investment — a strong return by real estate standards.
Why Some Investors Struggle
Not all investments work this smoothly. Many investors jump in without:
- Knowing the right location
- Understanding rental demand
- Calculating true setup costs
- Planning for maintenance and service charges

That’s where Rinwa Realty makes a difference — we bring clarity and strategy to every step.
Let’s Talk About Your Investment Goals
Every investor’s situation is different. Maybe you want to buy and flip. Maybe you want rental income. Maybe you’re thinking long-term capital appreciation.

Whatever your goal, we’re here to help you map it out, crunch the numbers, and guide you toward smart, profitable choices.

If you’re ready to make your next real estate move in Lagos, let’s talk.
Contact Rinwa Realty
We help investors think beyond buying. We help you build. Reach out today to find out what your money can do in Lagos real estate.

What You Should Know Before Starting an Airbnb in Lagos: A Guide by Rinwa Realty
Running an Airbnb in Lagos can be very profitable — whether you're already hosting guests or planning to start soon. But beyond the excitement, it’s important to understand the business side of short-term rentals. At Rinwa Realty, we help Airbnb owners make smart, informed decisions that bring long-term returns.

What is Airbnb?
Airbnb is a platform where you can rent out your apartment, house, or even a single room to short-term guests. It started as a simple idea — 'Air Bed and Breakfast' — and has now grown into a global system used by millions of travelers. In Lagos, Airbnb is especially popular in high-traffic areas like Lekki, Victoria Island, and Ikeja.
How Much Does It Cost to Set Up?
Starting an Airbnb in Lagos requires more than just owning a property. You’ll need to invest in:
- Furniture and appliances
- Interior design (making it stylish and cozy)
- Wi-Fi, security, and utilities
- Professional cleaning services
- Listing and photography

Depending on the size and location, setup costs can range between ₦2 million to ₦7 million.
How Much Can You Earn Annually?
Let’s say you rent out a one-bedroom apartment in Lekki for ₦60,000 per night. If you get bookings for 20 nights a month, that’s:
₦60,000 × 20 nights = ₦1.2 million monthly
₦1.2 million × 12 months = ₦14.4 million per year

Even after expenses like cleaning and maintenance, many Airbnb owners in Lagos earn between ₦10 million to ₦20 million annually, depending on location and how consistent bookings are.
Calculating Your ROI (Return on Investment)
ROI (Return on Investment) helps you measure how profitable your Airbnb setup is. Here's the formula:

ROI = (Profit / Setup Cost) × 100

For example, if your total setup cost was ₦5 million, and you earn ₦15 million in a year:
ROI = (₦15 million / ₦5 million) × 100 = 300%

This means you've made back your money three times over in one year.
Already Hosting? Or Just Getting Started?
Whether you're already hosting or just preparing your first listing, there’s always room to improve. Many Airbnb owners miss out on profits because they don’t:
- Price their units properly
- Keep track of running costs
- Market their listing effectively
- Handle guest services professionally

Let Rinwa Realty Support You
At Rinwa Realty, we don’t just sell or rent homes — we also help Airbnb hosts maximize their investment. We can help you:
- Find the right property for short-let
- Set it up beautifully
- Understand legal and property risks
- Calculate your returns

If you want to succeed as an Airbnb host in Lagos, reach out to Rinwa Realty today. We’re here to support your growth.
Contact Us
Whether you’re just starting or already managing an Airbnb, Rinwa Realty is ready to guide you. Let’s make your property work smarter and earn better.

What Every First-Time Home Buyer in Lagos Should Know: A Guide by Rinwa Realty
Buying your first home in Lagos is an exciting step — but it can also feel overwhelming if you don’t know what to expect. At Rinwa Realty, we believe that every buyer deserves to be informed, not just sold to. That’s why we’ve created this guide to help you understand what truly goes into home ownership, especially in a dynamic market like Lagos.
Whether you’re buying to live in, to rent out, or to hold as an investment, here are some key things every first-time buyer should know.

1. Location Influences Everything
In Lagos, property value is heavily tied to location. Areas like Lekki, Ikoyi, Ikeja, and Ajah are popular, but each has its pros, cons, and price ranges.
Before making a decision, consider:
- Proximity to your workplace or school
- Security in the area
- Future development plans (e.g., road expansion, commercial growth)

2. The Real Cost: It’s More Than Just the House Price
A lot of first-time buyers budget for just the house, but there are additional costs involved in owning a home in Lagos, such as:
- Legal fees
- Agency fees
- Survey plan and Governor's consent
- Stamp duty and registration fees
- Renovation or furnishing costs

These setup costs can add an extra 10–15% to the property price. It’s important to factor them into your budget early on.

3. Homes Can Be Investments Too – Here's How
If you’re buying a home to rent out, or even if you plan to resell it later, your home becomes an investment.
A useful way to understand this is by calculating your Return on Investment (ROI).

Let’s say you buy a 3-bedroom flat in Lagos for ₦25 million, and you spend another ₦3 million on paperwork and setup — that’s ₦28 million total.
If you rent it out for ₦2.8 million per year, your ROI would be:
ROI = (2.8 million / 28 million) × 100 = 10%

That means you’re earning back 10% of what you spent every year. Over 10 years, that’s your money back — and the property would likely have appreciated in value too.

4. Not All Properties Are Equal
Whether it’s a newly built duplex, an off-plan apartment, or a renovated bungalow, each property type comes with its own maintenance needs, risks, and rewards. Don’t rush into a purchase because it “looks nice” — consider:
- Title documents (to avoid land disputes)
- Structural integrity
- Demand in the area (if renting out)

5. Professional Support Makes a Big Difference
At Rinwa Realty, we help first-time buyers avoid costly mistakes. From identifying the right property to walking you through legal processes, we’re here to guide—not pressure—you.

If you’d like help calculating your budget, understanding property documents, or finding homes with good rental returns, feel free to reach out to Rinwa Realty. We’re always happy to help.


Need Advice?
Whether you’re ready to buy or just gathering information, contact Rinwa Realty for a consultation.
We’re here to make your first home purchase in Lagos simple, smart, and secure.