Challenges of International Investment in Real Property Portfolio in a Developing Economy, with a Focus on Metropolitan Cities in Nigeria.

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    • Abstract:
      The study examines the challenges faced by international investors in Nigeria's real property market, with a focus on metropolis cities like Lagos, Abuja and Port Harcourt. This study was based on analyzing the challenges facing the international investments in real property portfolio relation to developing economic growth on metropolis cities in Nigeria. Despite the potential for high returns, international investment in Nigeria's real estate sector is hindered by various obstacles. Today real estate investments are seen as foundation for wealth creation and economic growth in many countries. This research identifies and analyzes the key challenges, including political and economic instability, legal and regulatory framework challenges, infrastructure and accessibility issues, currency exchange and repatriation difficulties, security concerns, cultural and language barriers corruption and bureaucratic red tape, limited transparency and data using a mixed-methods approach, the reveals that these challenges not only affect investment decisions but also impact the overall performance of real property portfolios. The finding provides valuable insights for international investors, policymakers, and real estate developers seeking to navigate the complex landscape of Nigeria's real estate market. The study contributes to the existing literature on international real estate investment in developing economies and highlights the need for tailored strategies to address the unique challenges faced in metropolis cities like Lagos, Abuja and Port Harcourt. [ABSTRACT FROM AUTHOR]
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