Deep dive into real estate tips and stories
The fear of being “burned” by shady agents or unreliable relatives is a primary barrier for the diaspora, but avoiding scams in the Lagos market is possible through strict adherence to transparency and legal-backed processes. To insulate yourself from fraud, you must stop relying on informal arrangements and instead demand regular, time-stamped photo and video updates of any property or project you are interested in. It is critical to employ a “Project Guardian” or a trusted eyes-and-ears partner who can conduct independent property valuations and due diligence reports to assess environmental and security risks that a seller might hide.
Avoid making payments into personal accounts; instead, ensure all financial transactions are secure and backed by professional legal vetting of every document involved in the deal. By working with one accountable partner who manages multiple agents on your behalf, you eliminate the confusion that scammers often use to extract maximum Naira without delivering value.
