Top 3 Cities in Africa With The Best Property Investment Prospects
If you are looking for the best place to invest your money into real estate, with huge returns in the nearest future, then these three locations in Africa are surely a big win.
The City of Lagos Nigeria
1. Luanda in Angola
Luanda is the capital of Angola, formerly known as São Paulo da Assunção de Loanda The city is the most populous and largest city in Angola. Luanda is regarded as the industrial place in the North African Country. Most of the Office space are already sold or pre-released before formal opening. It has the highest office price in Africa, averagely $150 per square metre per month above that of Lagos and Cairo.
2. Lagos in Nigeria
Lagos is Nigeria’s largest city, it is known as the main financial hub of the West African Countries. It’s also important to note the Lagos is also the the most populous state in Nigeria. Office space is averagely at $85 per square metre per month. The rate of growth and appreciation of real estate in Lagos State is high.
3. Cairo in Egypt
Cairo, the capital of Egypt, set on the Nile River with a lot historical and ancient artifact in Museum making it one of the best place in the world for tourism. Post Arab spring and the previous unrest at the region, Office space is averagely at $100 per square metre per month. This with a whole lot of other factor makes it on of the best real estate and property investment prospects.
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Reference: mpac-convention.org tags: Top 3 Cities in Africa With The Best Property Investment Prospects