Real Estate Investment in Abuja: Opportunities, Challenges, and Insights for 2024

As a planned city and the center of government activity, Abuja attracts high-net-worth individuals, expatriates, and professionals, making it an ideal location for those looking to invest in real estate.

Understanding Ground Rent in Abuja

Ground rent is a statutory tax that every land titleholder in the Federal Capital Territory (FCT) must pay. If you own land in the FCT and hold a Certificate of Occupancy (C of O), paying ground rent is not optional—it’s a mandatory obligation, enforced by the Federal Capital Territory Administration (FCTA).