Entering the Nigerian real estate market is exciting, but it comes with its own set of risks. Here are five mistakes first-time investors often make,  and how to avoid them:

1. Skipping Due Diligence
   Too often, people buy land or houses based on word-of-mouth or unverified listings. Always verify documents, ownership, and property history through a reputable agent like Newmap Realtors.
2. Focusing Only on Price
   Cheap can be costly in the long run. Low-cost properties may be in undeveloped or disputed areas. Focus on value, not just price.
3. Neglecting Future Developments
   Consider how upcoming projects like roads, malls, or industrial zones can affect property value. Strategic locations near such developments appreciate faster.
4. Ignoring Rental Yield or ROI
   If investing for rental income, evaluate the rental demand in the area. Shortlets in Lekki and Yaba, for example, offer higher returns due to high demand from young professionals.
5. Going Solo Without Expert Guidance
   The Lagos property market can be tricky. Working with a trusted agency like Newmap Realtors ensures you avoid costly pitfalls and secure legitimate investments.

Conclusion:
Smart investors learn from others’ mistakes. With our guidance at Newmap Realtors, your first investment can be a stepping stone to real wealth.

Contact us today and let’s help you make your real estate journey a successful one.