TOP REAL ESTATE INVESTMENT LOCATIONS IN P/HARCOURT!
*the most beautiful places in the Garden City
Port Harcourt is called the Garden city, the pearl of Niger-Delta and where the black gold seats unbridled. While it is important to mention that the city is Nigeria’s oil capital and the third most developed metropolis after Lagos and Abuja, it is also important to mention that it is one of the most developed property markets in Nigeria after Lagos and Abuja. The operations of a lot of multinational companies have made real estate developments attractive not only to top Nigerian Business Executives but also to Expatriate Workers who pay big for most of the luxury developments within the city.
However amid the oil and energy boom, the bustling and hustling, there are some places in this flourishing metropolitan garden city that offers a getaway from what the core of the city entails. These residential areas are an entire package of serenity and opulence; only suitable for Port Harcourt’s finest and “big boys”. Here are the top or what you may want to call the hottest places in the garden city, Port Harcourt.
This little neighborhood lies in between the Diobu River and the Mgbuodohia/Agip River. It’s calm and placid. It has lots of beautiful houses close to the sea side and in close proximity with the Nigerian Agip Oil Company and Illaobuchi (PH Electronics village). For those of you who have an obsession for Islands and who want to stay totally away from the hustle and bustle of the city, this is definitely the ideal location whenever you are in P/Harcourt.
Following the dualisation of its major road, this area sprang up to prominence as a real estate location of choice as one of the most sought after residential areas in the city. Not too rowdy, not too quiet just at the middle, it will suit any family. It is one of the best places in P/Harcourt for a family get away, location for a family or a retirement home. It is simply fantastic.
PETER ODILI ROAD
This area is one of the fastest developing areas in Port Harcourt. It is part of the popular Trans-Amadi Industrial District and few kilometres away from the city center. It’s quite serene and beautiful, suiting that cozy atmosphere you desire. Go there at night and you will appreciate its beauty. Located near the NLNG and Rainbow housing estate; there are projections from top real estate pundits who understand the workings of the P/Harcourt real estate market that in the near future it would match up with the G.R.A’s of the city or even surpass them. It is one real estate location for the future in the entire Garden City.
The Old Government Reserved Area (Old GRA) is one of the oldest prime residential enclaves in P/Harcourt. It was primarily inhabited by European settlers during colonial times and was then referred to as the European quarters. Old GRA is the location of the Rivers State House of Assembly, the People’s Democratic Party Secretariat and the NEPAD Rivers State Secretariat. The neighborhood was also notable as the Port Harcourt home of former Nigeria’s first lady, Patience Jonathan. It also has a notable tourist site called, Isaac Boro Gardens, named after a celebrated Nigerian Nationalist and Civil war hero, Major Isaac Jasper Adaka Boro. This area is quiet as a grave yard that you can actually hear the sound of a pin dropped on the floor. It’s also beautiful, trees form shades and boulevards are common here. Basically for the high and mighty in the society and top government officials, albeit if you have the money you can own a property here.
New Government Reserved Area Port Harcourt is the home of swag and a haven for the crème de la crème of the garden city. The residents live a posh, cozy and tranquil life which makes it our number 1. The place is not only home to government officials; it also abhors the affluent in the society. It consists of G.R.A phase 1 to 5. The place has its fair share of hotels. The prestigious Genesis Deluxe cinema, the PH Polo club, classy events centers, night clubs, departmental stores, eateries are also located here. Properties here are sinfully expensive; you have to pay through your nose to get one. Night life in Port-Harcourt usually goes on full throttle and New G.R.A is no exception. This is evident by the array of Night clubs and bars that besiege the area. It is a favorite hangout for most visitors and tends to be frequented by high-end “street hustlers” at night. The neatness of the environment and the presence of trees in every compound creates the perfect ambience for nature and relaxation. Are you a real estate investor with projections for superb returns on your investment, the GRAs are the best place to put your money. The returns are not only swift but comes with some level of guarantee all other things being equal.