If you've ever thought about packing up all of your belongings and deciding to live elsewhere, in a foreign country such as Nigeria perhaps, then you need to do a little research before you start packing your suitcases and booking your plane ticket. You don't want to get too ahead of yourself just quite yet.
You can't just up and move to a different country on a whim, it doesn't work that way. If you have a job you need to give your employer some notice. If you owe any bills you're going to have to pay them. If you're not a Nigerian citizen you're going to need to apply for a Visa to work and live there. You have to get everything in order before you start making some big travel arrangements.
Moving to and living in Nigeria also means you're going to need a place to stay once you get there. So, you're going to have to do a little bit of research on Nigeria's real estate market to see if selling your current home and moving to Nigeria makes sense for you financially. Luckily you've come to the right place.
The best way of determining whether or not buying real estate in Nigeria and putting up your home for sale is by comparing the listing prices of both markets. In order to find out how much real estate is selling for in your city ask a real estate agent. You don't have to hire a real estate agent yet but just get the ball rolling by getting them to provide you with information about the current market prices in your city.
Once you know how much homes are selling for in your city right now, how much they've sold for in the past and how long the average home stays on the market for you can then compare that information to the Nigerian real estate market. When comparing real estate prices it all really depends on where you want to live in Nigeria. For instance, living in Lagos, which is considered to be one of Nigeria's most popular places to live, can be pretty pricey as the average Lagos home sells for around $1,000 to $1,2000/ per square meter.
You have to take that price and determine if you would be able to afford to buy real estate in a place such as Lagos with the money you have saved up plus whatever money you would make from the sale of your property your own now. Once you do that you can then decide if moving to Nigeria is in the cards.