Post Image
  Investors looking to get a piece of the action in Nigeria’s highly profitable real estate space typically seek out property in the usual locations: Lagos, Abuja, and maybe Port Harcourt. There’s an almost perennial demand for residential and commercial spaces in these metropolises, so it makes perfect sense that they’d be the main drivers of the industry’s growth.
Read more about Real Estate
But there’s a lot going on elsewhere in the country. The South East, for one, boasts at least a few hotspots that yield a decent return on investment for anyone willing to secure a stake in them. If you’d like to get involved in the real estate business in Southeastern Nigeria, here are five cities you might want to check out.


Awka is the capital of Anambra State. As such, its economy primarily revolves around the civil service, with a number of state and federal institutions having a presence there. However, many businesses have sprung up in the city in recent times; it has a rapidly growing commercial sector. This, along with the fact that it’s home to the Nnamdi Azikiwe University (UNIZIK), a federal university, has given the city a thriving real estate sector. A lot of the newer property is residential, but there are also a good number of hospitality centres and office blocks as well.


Just like Awka, Enugu City derives much of its importance from its status as a state capital. But it has a relationship with officialdom that goes much farther into the past, having served as a regional seat of power earlier on. However, there’s a decent commercial side to the municipal area. The city has just over 800,000 inhabitants according to the most recent estimates. Its growing population makes it a vibrant setting for construction, with new housing units cropping up to meet the demand for shelter from existing and new residents.
Sign up for the Connect Nigeria daily newsletter


Sitting by the Eastern bank of the Niger River, Onitsha is known across Nigeria as one of the country’s most important trade centres. It is home to the Onitsha Main Market, one of the largest markets in West Africa with respect to geographical size and volume of goods traded. But it doesn’t just attract merchants and buyers. It’s expanding rather quickly, thanks to an influx of new residents from within and beyond Anambra State, and the appearance of nascent businesses or the branches of older ones.


Owerri is the capital of the Imo State. While a fair segment of its economy depends primarily on its civil service, there’s a thriving commercial sector there as well. The city is particularly well regarded for its hospitality industry, which attracts customers from all over the South East and regions beyond. This reputation isn’t showing any signs of going away; many real estate investors in the city have made it their primary concern. Housing is also high on their list, as the city has seen significant population growth over the past few years.


As the commercial nerve centre of Abia State, Aba accounts for a large chunk of trade in Southeastern Nigeria. Besides the presence of such large markets as Ariaria and the New Market, it also boasts a sizeable manufacturing sector, encompassing leather, textile, cosmetics, paint, and aluminium producers, among others. Aba has well over a million residents and is the second most populated city in the region (just behind Onitsha). There are a lot of opportunities for real estate investors there. Vacant shops are difficult to find in some markets, so you should definitely consider selling or renting some out if you’d like to make good returns on your investment.
Register to attend the CN Business Mixer

Final Words

Cities like Lagos and Abuja get a lot of attention from people in the real estate industry. And that’s justified. But there’s more going on elsewhere, and the South East is proof of this. The region offers great investment opportunities, which any savvy investor would find hard to ignore. Featured Image Source: The Guardian NG
Got a suggestion? Contact us:

You might also like:
This article was first published on 12th April 2023


Ikenna Nwachukwu holds a bachelor's degree in Economics from the University of Nigeria, Nsukka. He loves to look at the world through multiple lenses- economic, political, religious and philosophical- and to write about what he observes in a witty, yet reflective style.

Comments (9)

9 thoughts on “Top 5 Locations for Real Estate Investment in Southeastern Nigeria”

  • Somebody necessarily assist to make critically posts I would state.
    This is the first time I frequented your web page and up
    to now? I amazed with the research you made to create this particular submit extraordinary.
    Magnificent job!

    Here is my blog post … ซื้อหวยออนไลน์ 24

  • 22 gauge 1.5 inch 3 mm BD syringe is made directly in Canada.
    This type of syringe is best use for injection into large muscle areas and is the perfect addition to any
    bodybuilders medicine cabinet.

  • اخبار جدید موسیقی پاپ ایران و اخبار
    جدید زلزله ژاپن و اخبار فرهنگیان و دانستنی های هنری و اخبار ورزشی تلگرام
    و اخبار پزشکی اصفهانمطالب-روز-اقتصادی

  • I every time used to study article in news papers but now as I am a user of internet therefore from
    now I am using net for articles or reviews, thanks to web.

  • Hi, I do think this is a great website. I stumbledupon it
    😉 I may come back yet again since i have book marked it.
    Money and freedom is the greatest way to change, may
    you be rich and continue to guide other people.

  • We are a group of volunteers and opening a new scheme in our community.
    Your web site offered us with valuable info to work on. You’ve done an impressive job and our whole community will be thankful to you.

  • Hey! I’m at work surfing around your blog from my new iphone!
    Just wanted to say I love reading through your blog and look forward
    to all your posts! Carry on the superb work!

  • Hi it’s me, I am also visiting this web site on a
    regular basis, this site is in fact fastidious and the users
    are truly sharing fastidious thoughts.

  • No matter if some one searches for his necessary thing,
    therefore he/she desires to be available that in detail, therefore that thing is maintained over here.

Leave a Reply

Your email address will not be published. Required fields are marked *