Contact us

By







Email us at hello@housesinlagos.com.

Tell us a little about what you need help with, and we'll get back to you.


Popular posts from this blog

Stamp Duty in 2026: What Lagos Landlords, Agents, and Investors Need to Know

By
Image
From 1 January 2026 , Nigeria’s new tax laws officially took effect. While much of the public conversation has focused on income tax, one quiet but important change affects almost every property transaction in Lagos: stamp duty on leases. For years, stamp duty has sat in the background of Lagos real estate, inconsistently applied, poorly explained, and often overlooked in everyday transactions. That has now changed. This article explains what stamp duty means in 2026, what is different, and how it is already shaping real estate practice in Lagos,  clearly, practically, and without legal jargon. What Is Stamp Duty in Real Estate? Stamp duty is a tax paid on certain legal documents to give them formal recognition and validity. In real estate, it applies to documents such as: Tenancy agreements Lease agreements Subleases Assignments and conveyances In simple terms, stamp duty is what makes a property document legally usable. An unstamped document may exist, but it can be diffic...
Read more

🇳🇬 Understanding MREIF: Nigeria’s ₦1 Trillion Mortgage Fund Transforming Home Ownership

By
Image
A guide to what the fund is, how it works, who it helps, and what Nigerians should expect next. Nigeria’s housing market has struggled for decades: high mortgage rates, short loan tenures, cash-upfront home sales, and banks unwilling to issue long-term mortgages because they lack stable funding. In 2025, the Ministry of Finance Incorporated (MOFI) introduced what it calls a  transformational solution : the  MOFI Real Estate Investment Fund (MREIF) , a government-backed, private-sector–supported mechanism designed to reshape how Nigerians access housing. MREIF is more than a loan program. It is a  ₦1 trillion structured investment fund  built to mobilize public and private capital, provide low-cost mortgages, de-risk developers, and stimulate large-scale housing development across the country. It is regulated under Nigeria’s capital markets rules and operates like a modern real estate investment fund, with commercial units now trading on the Nigerian Exchange (NGX). A...
Read more

Metro Smart City Lagos: A New Contender in the City’s Real‑Estate Future Explained

By
Image
Lagos metro map Lagos has become a city of big urban experiments. As population pressure, housing demand, and infrastructure strain continue to reshape Africa’s largest city, real estate development has increasingly shifted from piecemeal estates to large, master-planned environments. One of the most ambitious of these emerging projects is Metro Smart City , a privately led smart-city development promoted by Metrospeed Property Development Limited . Backed by major institutional cooperative societies, most recently the NLNG Cooperative Society,  the project has drawn attention for both its scale and its symbolism: a sign of how private capital is stepping in to shape Lagos’s urban future. This article explains what Metro Smart City is, how it started, who is behind it, why oil and gas cooperatives are investing heavily, and what it realistically means for Lagos’s real estate landscape. What Exactly Is Metro Smart City? Metro Smart City is a large-scale, master-planned mixed-use dev...
Read more