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Tag Archives: Homebuyers

Africans spend over $900 million on luxury residential property in London.

real estate in africa

Wealthy Africans are investing in some of London’s most upscale real estate properties with some reportedly spending as much as $37 million on houses alone. These wealthy investors having a considerable impact on London’s property market and they mainly come from just six countries of Nigeria, Ghana, Congo, Gabon, Cameroon and Senegal. Property experts, Mayfair, Kensington and Chelsea say African ...

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LPIG reports increase in Atlanta homebuyers from Nigeria

Could the high US Dollar to Nigerian Naira exchange rate be a reason for the sudden increase? Nigerian homebuyers are flooding the Atlanta housing market and paying top dollar. Within the last few years, the state of Georgia’s housing market has successfully attracted international investors especially from China and Australia; however, one company, Lux Property Investment Group (LPIG) is reporting ...

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