Build or Buy Property in Nigeria: What’s The Best Choice for Nigerians in the Diaspora?
Owning a home or investment property in Nigeria is a goal for many Nigerians living abroad. It can be for your family, a future home, rental income, or long-term savings. But one big question always comes up: “Should I build my own house or buy a finished property?”
Both options have pros and cons, and the right choice depends on your goals, budget, and how much time and risk you’re willing to take.
Why Buying a Property Is Often Easier for Diaspora Nigerians
1. Less Stress and Faster Results
When you buy a finished house, you avoid the stress of managing construction from abroad. Buying takes less time, and you can use or rent the property soon after purchase.
2. No Need for On-Site Supervision
Building a house means tracking materials, labour, contractors, and delays, which is tough when you’re miles away. Buying through a trusted real estate company removes that burden entirely.
3. Immediate Use or Income
A completed house can be lived in by your family or rented out quickly. This means you start getting value right away, whether for income or shelter.
What About Building Your Own House?
Some people prefer to build because it gives full control over design, layout and finishes. In certain areas where land is less expensive, building can cost less overall.
But there are challenges:
- It takes longer, often 12 to 24 months or more.
- Construction costs can go up while you’re building.
- You need someone trustworthy on the ground to oversee progress.
For many Nigerians abroad, finding reliable supervision and avoiding project delays are the biggest hurdles.
Big Risks You Must Avoid
Whether buying or building, title verification and documentation are very important. Fake or disputed land titles are unfortunately common, especially when transactions are handled through friends or relatives with no professional support.
Other risks include:
- Paying without a signed contract.
- Buying land with no clear survey or legal approval.
- Ignoring location risks like flood-prone areas or a lack of infrastructure.
So What Should Diaspora Investors Do?
Here’s a simple way to decide:
Buy a finished property if:
✔ You want convenience and speed
✔ You want rental income sooner
✔ You don’t want the hassle of managing a build from overseas
Build a house if:
✔ You want full control over design
✔ You’re prepared to supervise the project through professionals
✔ You have a long-term timeline and flexible budget
How Starzij Realtors Helps You Invest Safely
We guide Nigerians abroad through every step of investing back home:
✔ We verify land titles and ownership
✔ We help you buy properties with clear documentation
✔ We offer virtual tours, clear inspection reports, and transparent pricing
Instead of trusting just anyone, get a real estate partner with experience like Starzij Realtors in handling diaspora property deals. Let us help you make a smart property decision that fits your needs and protects your investment.
