In recent times in Nigeria, there has been a notable influx of billionaires and companies investing in the real estate market. This has elevated the importance of assessing the value aspect before making your next property purchase in Nigeria.
Moreover, when it comes to luxury, comfort, and affordable properties, only a select few real estate development companies can truly deliver. In this article, we will delve into seven real estate companies that have excelled in terms of luxury, trustworthiness, and fulfilling their clients’ dreams when it comes to acquiring homes in Nigeria. These firms have committed themselves to offering premium value for the money they charge and have instigated a revolution in the country’s real estate market.
The primary objective of this article is to simplify your search for the finest luxury real estate development companies, whether you are looking for investment opportunities or planning to buy property. Our aim is to make this journey easy and stress-free for you.
Without further ado, let’s introduce you to the top 7 Luxury Real Estate Companies in Nigeria:
- Palton Morgan Holdings
As the parent company of Grenadines Homes, PropertyMart, PM Capital, Mitcherutti, and Paltonloitte, Palton Morgan Holdings has an extensive, attractive, and interesting portfolio of luxurious properties, ranging from luxury apartments in the prestigious Shonibare Estate in Ikeja, waterfront Condominiums in Victoria island to ostentatious duplexes in Abuja
Palton Morgan Holdings came into existence in Nigeria in 2014 with the sole aim of revamping the real estate business model in the country and in Africa with strategic initiatives and innovations, and it has achieved that and more over the years.
Since its inception, the company has attained and maintained a clear and distinct market leadership position by creating world-standard and master-planned communities, offering unrivalled lifestyles that other companies in the luxurious real estate development industry are still yet to beat.
With several unrivalled luxury projects like The Rockhampton, L5 Banana Skyvilla, Paramount Twin Tower, Grenadines Resort and more spanning Highbrow areas in Lagos and Abuja, Palton Morgan has gained the reputation of the number one property development company in Nigeria by market capitalization.
The company’s continuous partnerships with some of the world’s prominent construction and architectural firms, professionals, and equity investors are evidence of its unwavering integrity, commitment to excellence, and outstanding performance. This differentiates Palton Morgan from its competitors.
Palton Morgan Holdings has evolved over the years to become a leading luxury real estate investment company in Nigeria, with a staff strength of over 150 highly trained and experienced employees. The group has delivered at least 7000+ housing units & serviced plots within a short period after its establishment and over 500+ units under construction are scheduled to be delivered within the next couple of years.
- Eko Atlantic
Standing on 10 million square meters of land reclaimed from the ocean and protected by an 8.5-kilometer-long sea wall, Eko Atlantic is an entirely new coastal city being built on Victoria Island adjacent to Lagos, Nigeria.
Eko Atlantic is a focal point for investors capitalizing on rich development growth based on massive demand and a gateway to emerging markets of the continent. It includes an exceptional urban design, its own power generation, clean water, advanced telecommunications, spacious roads, and tree-lined streets.
This city has evolved rapidly from a visionary design concept into a marvel of modern engineering and technological reality, placing Nigeria on the world stage. It’s a visionary project on a vast scale, achieved by a team of major local and international partners.
Just as the city is known popularly to have a range of high-end luxury apartments, Eko Atlantic also houses many opportunities for more competitively-priced accommodation.
- Landmark Africa
Landmark Africa is a leading luxury real estate and property development company with a portfolio of over 130,000 sqm of mixed-use office, leisure, and residential space for multinational and domestic companies in Nigeria.
Since the inception of the company in 1997, Landmark Africa, across its established centres in North, East, South, and West Africa, has provided serviced offices, real estate development, bespoke market research, and advisory services to over 5000 organizations including a vast network of blue chip companies.
The company engages in the entire life cycle of real estate development, from land acquisition to construction management, and facilities management. They also have a reputation for swiftly responding to clients’ growing needs and providing comfort that places them on top.
Notable among its projects are the Landmark Beach, the Landmark Boulevard, and Landmark Hotel Apartments, all speaking nothing else but luxury.
- Sujimoto Construction Limited
Sujimoto is one of Nigeria’s leading luxury real estate and construction companies committed to redefining the luxury real estate industry with innovative initiatives and well-designed architecture.
The luxury real estate development company is mostly focused on building extraordinary edifices in the premium neighbourhoods of Ikoyi and Banana Island. With an annual revenue of approximately $30 million, Sujimoto is believed to be worth over $40 million.
The company is recognized for using both indigenous and international professionals in real estate development to strategize and erect world-class buildings, not excluding residential and luxury real estate.
Sujimoto is popularly known for erecting the tallest residential building on Banana Island, ‘The Lucrezia’ by Sujimoto with a purported sales value of $46 million.
In addition, they offer real estate investment services such as facility management, infrastructure construction, interior decoration, projects, and contracts catering to homeowners and real estate investors seeking to grow their investment portfolios.
- Brains and Hammers
Established in 2006, Brains and Hammers real estate development company is popular for its expertise in providing luxury and comfort to the ever demanding clients.
Over the years, the company has successfully carved a niche as the best in building high-end infrastructures and delivering unparalleled experiences for highly esteemed clients for sale and lease. In 2022, it inaugurated a N5.6bn estate, the CoopEast Project, dedicated to oil and gas companies.
The company boast a team of highly educated and experienced professionals who are dedicated to providing non-stop improvement in organizational culture, structure, and operational strategies in alignment with supporting and fulfilling business objectives. It has also established itself as a trustworthy and dependable organization in the Real Estate Industry that delivers style and top-notch quality homes and properties.
In addition, the company also provides investors with unbelievable annual interest rates and also provides buy-to-rent clients appreciable properties with unrivalled annual rental returns on their investments.
- Novare Real Estate
Novare is an investment solutions provider with operations across the African continent and a keen interest in luxurious real estate.
They provide solutions that range from Real Estate Funds, Impact Investing Funds, and more. Novare Real Estate Africa has said it has invested the sum of $400 million in Nigeria since its inception in 2012.
The company also possesses the Novare Lekki Mall, one of the largest retail malls in Nigeria and it has been in existence for over six years.
Novare Real Estate Nigeria has restated its commitment to providing high-quality retail and commercial properties to support business growth, and its reputation in providing clients with the best and most comfortable properties, with good customer service, makes it one of the top luxurious real estate development companies in Nigeria.
- Mixta Africa
Mixta Africa, which later became a subsidiary of the ARM Company years after its inception, was founded in 2005. It provides one of the most reliable luxurious real estate development solutions across Africa.
Its chain of enterprise and reach, cuts across Nigeria, Senegal, Morrocco, Côte d’Ivoire, and Tunisia, with projects in Mauritania, Algeria, and Egypt, making the company one of Africa’s foremost real estate firms. Amidst its premium projects, is the prestigious Lakowe Lakes Golf and Country Estate, which is situated on the Lekki axis of Lagos State. In this estate, each block is aesthetically staked right at the edge of the estate, giving residents a beautiful view of the golf course, particularly, a lakeside view, and a horizon of the Atlantic Ocean.
Mixta Africa has, over the years contributed to bridging the gap that exists among all social classes by providing luxury for the high and average classes and also creating initiatives that allow those, not in the wealthy sphere, to realize their fantasies of living in a luxurious apartment.
The company has successfully developed more than 16,500 residential and retail units across 8 countries on the continent.
Over the years, Mixta Africa has created notable communities like Lakowe Lakes Golf and Country Estate, Beechwood Estate, Advia Plainfields, etc. which is currently home to over 5,000 residents. All these communities are known for one unique thing, luxurious properties that meet world standards.
In conclusion, the list of the top seven luxurious real estate development companies in Nigeria, as stated above, is a carefully put-together list based on our research and the inputs of these various companies in the real estate market. This, however, does not erase the fact that there are other wonderful luxurious real estate development companies, that have made a great impact on the economy.
Feel free to comment a name you feel should be on our list or if you love more information on why a company made it to the list.
1 comment
Great to see we got a mention here! We will continue to deliver premium quality to the industry in Nigeria, Africa, and the world at large.