by Desh Nautilus Ltd 🎯 Let’s Talk About the Real Cost of Renting vs. Buying in Lagos
It’s 2025. You just got another rent renewal notice.
The price? Let’s just say your landlord now thinks he owns a hotel in Dubai.
You’re not alone. Many Lagosians are asking the big question this year:
“Between renting vs. buying in Lagos, which one actually makes more sense, and saves me more?”
If that’s your internal monologue, welcome. You’re in the right post, and the truth might just change your entire housing strategy.
🏠 Why Renting vs. Buying in Lagos Is More Than a Money Talk
First off, let’s be real: renting gives you temporary convenience.
Buying gives you permanent control.
But beyond vibes and freedom, there’s a solid financial argument here too. Let’s break it down.
💸 Renting in Lagos: The Hidden Costs
You’d think renting would be cheaper, until you remember you’re not just paying for space. You’re paying for:
- 12 months upfront rent (sometimes 18, if your landlord is a thug in disguise)
- Agency fees (hello 10%)
- Legal fees (5%)
- Service charge (insert crying emoji)
- And worst of all… no equity, no ownership
Imagine spending ₦3.5M yearly for 5 years. That’s ₦17.5M, and you still have nothing to show for it except faded wall paint and a landlord who never fixes the plumbing.
🏡 Buying in Lagos: The Long-Term Math
Let’s flip it.
Say you buy a property like Platinum Square, a 2-bedroom apartment in Lekki Peninsula Scheme II.
✅ Current price: ₦70 million
✅ Payment plans available (you don’t have to drop ₦70M today)
✅ Value appreciation? Huge. It was ₦35M just two years ago.
Even if you stretch payments over 18–24 months, every naira is building equity – your asset, your wealth, your future.
By the end of 2026, while renters are still sweating renewal notices, you’re sipping zobo on your balcony.
📊 Renting vs. Buying in Lagos, A Quick Comparison
| Factor | Renting | Buying |
| Monthly Control | ❌ | ✅ |
| Builds Equity | ❌ | ✅ |
| Long-Term Savings | ❌ | ✅ |
| Freedom from Landlords | ❌ | ✅ |
| Annual Increases | ✅ | ❌ |
| Lifetime ROI | ❌ | ✅✅✅ |
Spoiler alert: Buying wins. Every time.
🧾 What About “But Buying is Too Expensive”?
Let’s bust that myth real quick.
Yes, buying property in Lagos sounds expensive… until you factor in:
- The flexible payment plans
- The long-term capital gain
- The fact that rent keeps rising whether or not your salary does
Remember: ₦70M may feel like a lot, but when land around Lekki II is already selling for ₦100M–₦250M, you’re not late. You’re early.
🧱 Enter: Platinum Square by Desh Nautilus
Let’s not just talk theory. Let’s give you a real-life, real-time opportunity:
🏢 Platinum Square
A premium 2-bedroom apartment estate in the heart of Lekki Peninsula Scheme II
Here’s why it’s the smarter choice:
- 📍 Prime location (future-facing and high-appreciation zone)
- 🧾 Governor’s Consent title (bye bye, Omo Onile)
- 🛣️ Top-notch infrastructure and serene layout
- 📈 Past performance: Doubled in value in less than 2 years
- 💸 Flexible payment options – no stress, no stories
In short? It’s a “buy now or regret later” situation.
🤔 So Why Are People Still Renting?
3 reasons we hear all the time (and our clapbacks):
❌ “I don’t have ₦70M”
✅ You don’t need it all at once. We offer payment plans, start with a deposit and build from there.
❌ “I’m not ready to settle yet”
✅ Buying doesn’t mean settling, it means owning. You can live there, rent it out, or hold it for ROI.
❌ “I’m scared of scams”
✅ That’s why we exist. Desh Nautilus is trusted, tested, and transparent. And Platinum Square? Verified with Governor’s Consent.
🏁 Final Word: What Will You Be Doing This Time Next Year?
Still transferring rent? Or transferring your NEPA bill from your own property?
If you’re tired of paying for what you’ll never own, it’s time to make the switch.
Renting vs. Buying in Lagos is not just a lifestyle question, it’s a wealth decision.
And Desh Nautilus is here to help you cross that bridge, confidently.
🛠️ Ready to Ditch Rent for Good?
📞 Call us now: +2349028316625
📩 Email: deshnautilusltd@gmail.com
🌐 Website: www.lagosproperty.net
💬 Or simply DM us “BUY NOW” and let’s begin the conversation
Because in Lagos, rent is temporary.
But ownership is forever.
Let’s get you on the path to permanent peace of mind, one brick at a time. 🧱
