In 2026, real estate tourism has become one of the most powerful investment themes in Nigeria. Investors are no longer purchasing properties solely for rental income — they are deliberately choosing locations where they can personally enjoy the property (vacation home, weekend getaway, family retreat) while generating strong short-let returns from tourism demand.

The result is a new breed of “lifestyle + income” assets: properties that pay for themselves through platforms like Airbnb, Booking.com, and Spleet, while delivering personal utility and long-term appreciation.

Here are the top 6 real estate tourism hotspots where serious investors are actively buying in January 2026, ranked by current velocity (deal volume + price momentum).

1. Calabar (Carnival + Waterfront Boom)

Calabar remains the undisputed king of real estate tourism in Nigeria. The annual Calabar Carnival (now extended to a month-long festival) drives peak occupancy rates of 92–98% in December, with nightly rates jumping to ₦120,000–₦250,000 for premium 2–3 bed waterfront apartments.

Current buying activity (Jan 2026):

• Average price for 2-bed waterfront flat: ₦65M–₦95M
• Short-let average yield: 18–24% (peak season rates cover 60–70% of annual mortgage)
• Personal-use appeal: River views, proximity to Tinapa, Obudu Cattle Ranch day trips
• Key catalyst in 2026: Carnival now officially a UNESCO-recognized event → expected 20% more international visitors

Investor profile: Diaspora Nigerians + Lagos high-net-worth individuals buying for December family vacations + income.

2. Obudu Mountain Resort Area (Cross River State)

The Obudu Mountain Resort continues to draw high-end domestic and international tourists year-round, with cooler weather making it a premium escape from Lagos heat. New estate developments around the resort are selling out pre-launch phases.

Current buying activity (Jan 2026):

• Average price for 3-bed chalet-style villa: ₦85M–₦130M
• Short-let average yield: 16–21% (high demand for weekend getaways)
• Personal-use appeal: Mountain views, hiking trails, cable car access
• Key catalyst in 2026: New direct flight route from Lagos + resort expansion (additional 150 rooms)

Investor profile: Affluent Lagos/Abuja families buying for personal retreats + corporate event rentals.

3. Olumirin Waterfall & Erin-Ijesha Corridor (Osun State)

Erin-Ijesha (Olumirin Waterfall) has exploded as a domestic tourism destination, with weekend traffic up 45% in 2025. New boutique estates and eco-lodges are being snapped up by investors.

Current buying activity (Jan 2026):

• Average price for 2–3 bed eco-lodge: ₦35M–₦65M
• Short-let average yield: 14–19% (strong Friday–Sunday occupancy)
• Personal-use appeal: Waterfall views, nature trails, peaceful environment
• Key catalyst in 2026: Osun State tourism board launching “Waterfall Circuit” marketing campaign

Investor profile: Mid-level investors seeking affordable entry + nature-focused second homes.

4. Idanre Hills & Surrounding Estates (Ondo State)

Idanre Hills is gaining traction as a cultural + adventure tourism spot, with new estates offering hill-view properties.

Current buying activity (Jan 2026):

• Average price for 3-bed hill-view house: ₦45M–₦80M
• Short-let average yield: 13–18% (weekend & holiday peaks)
• Personal-use appeal: Panoramic hill views, cultural heritage site access
• Key catalyst in 2026: Ondo State government tourism infrastructure upgrade (access roads, viewing platforms)

Investor profile: Cultural enthusiasts + investors looking for unique appreciation drivers.

5. Gurara Falls & Abuja Satellite Corridor

Gurara Falls is emerging as Abuja’s weekend escape, with new estates in the surrounding corridor selling fast.

Current buying activity (Jan 2026):

• Average price for 3-bed weekend villa: ₦55M–₦95M
• Short-let average yield: 12–17% (strong Friday–Sunday demand from Abuja professionals)
• Personal-use appeal: Waterfall + nature escape within 1.5 hours of Abuja
• Key catalyst in 2026: FCTA road improvements + new viewing facilities

Investor profile: Abuja high-net-worth individuals buying for weekend retreats.

6. Tarkwa Bay / Banana Island Short-Let Apartments (Lagos)

Tarkwa Bay beach access + Banana Island luxury continues to dominate short-let tourism in Lagos.

Current buying activity (Jan 2026):

• Average price for 2-bed short-let apartment: ₦120M–₦220M
• Short-let average yield: 18–25% (peak weekend & holiday rates ₦150k–₦350k/night)
• Personal-use appeal: Beachfront lifestyle + prestige address
• Key catalyst in 2026: Eko Atlantic expansion + new beach tourism regulations

Investor profile: High-net-worth Lagosians and diaspora buying for prestige + income.

Key Takeaways for 2026 Real Estate Tourism Investors

• Average short-let yield across these hubs: 14–22%
• Personal-use value: Priceless for family/vacation enjoyment
• Appreciation range: 12–25% annually (higher in infrastructure-driven corridors)
• Best entry strategy: Pre-launch or early bird in emerging areas (₦35M–₦100M)
• Risk mitigation: Always verify titles via FG’s fraud-reporting portal + REDAN agents

Final Thoughts Real estate tourism in 2026 is the perfect intersection of lifestyle and investment. Buy where you love to visit — and let tourism pay the mortgage.

Which of these hotspots are you eyeing for 2026? Drop your pick below!

Disclaimer: This information is for general purposes only and not legal advice. Consult a qualified real estate lawyer for guidance.

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