Detty December Lagos short-let market sees record diaspora demand as property values rise in Lekki-Epe, says Harmony Garden CEO
As Nigeria’s famed Detty December Lagos short-let market heats up, real estate experts are predicting one of the most lucrative holiday seasons yet, particularly across the Lekki–Epe corridor.
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With thousands of diaspora Nigerians set to return, demand for premium short-let properties is skyrocketing, driving up rental yields and investor interest.
This festive surge isn’t just hype—it’s backed by data and emerging trends.
According to Harmony Garden and Estate Development Ltd., a leading property developer in Lagos, more than 80% of current transactions are being driven by diaspora buyers, many seeking flexible investment options amid a tight financing climate.
Speaking to The Nation, CEO Dr. Saheed Mosadoluwa, popularly known as “The Lagos Landlord,” emphasized that “we are not just selling houses; we are building communities.”
His company’s focus spans seven major estates across prime locations such as Ibeju-Lekki and Epe, now dubbed the “Seven Citadels of Joy (Ogba-Idunnu).”
These estates—including hotspots like Asake Cottages, GranVille Cinema, and The Parliament Estate—are strategically located near transformative infrastructure like the Lekki-Epe International Airport, Dangote Refinery, and the Lekki Free Trade Zone.
Many offer Rent-to-Own options, with mortgage tenors of up to 30 years under the Harmony Renewed Hope Plan, making them accessible for middle-income investors.
The December rental surge is being especially felt in Ikoyi, Victoria Island, and Lekki, where tourists and returning families are flooding the market.
Harmony Gardens’ proximity to these hubs—within just 25 minutes—makes their estates a smart choice for short-let investors eyeing strong seasonal returns.
Beyond convenience, investors are also getting more savvy. “Buyers now care about land titles, flood risks, energy efficiency, and long-term value,” said Mosadoluwa, whose company controls over 1,300 hectares of verified land.
In response, Harmony Gardens is shifting towards greener, more energy-efficient buildings, ensuring long-term asset protection.
The impact of Detty December on the Lagos short-let market is more than seasonal—it reflects a broader shift in Nigeria’s real estate landscape.
With infrastructure expanding and diaspora interest peaking, the Lekki–Epe corridor is becoming the new goldmine for forward-thinking investors.
Also read: Ojaja Mall in Lagos completed, secondary sales open as Emison Real Estate delivers landmark project
As the holiday lights go up and flights begin to land, one thing is clear: Detty December is not just about parties—it’s about property power moves.
Source: Read more at arise.tv
Peculiar Adirika is a journalist and contributor to Freelanews.com, covering news, business, and public affairs.
