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Turning Property Into Profit in Lagos:

admin June 20, 2025 3 min read

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.

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