7 virtual office: Lagos

The city of Lagos plays a pivotal role in Niregian economy, being its “commercial nerve”, financial, trade and logistics hub. It is a location full of banks, business centres, shopping malls, industrial estates and leisure facilities it is home to a famous NSE. Even though it is widely referred to the city, modern Lagos is more a metropolitan area with a GDP accounting for over 26% of Nigerian total and being the 4th highest on the African continent. Nowadays, there is no need to explain why the commercial real estate industry in Lagos is booming with solutions. At the same time, it is quite clear that office rental in the city is rather expensive with fees for Grade A work suites ranging from about $450 to $750 per sq.m. Still, there are several possible ways of how to gain entry into this vibrant market, and the virtual office rental in Lagos is one of the most popular among them. Besides business proprietors and startuppers who can not afford the rent of a traditional office venue, the virtual office space in Lagos caters to the ever-increasing number of entrepreneurs willing to work on a freelance basis. The primary purpose of the virtual space is to provide businesses with the corporate image they deserve.

In the modern world, the CRE industry needs to be flexible and willing to adjust to clients’ requests. The virtual office in Lagos is the best example of how a business can benefit from this or that particular location, while not necessarily being actually present there. Leaseholders and workspace providers have already created several service packages that include lists of different facilities, and, thus, cover the whole target audience that may ever be interested in renting virtual venues in this megacity. The cost of a virtual office in Lagos primarily depends on what type of package you will choose. Thus, the basic set, that includes only a business address, and mail services, costs approximately $50 per month. If you need to add more services and facilities(management of calls, temporary access to physical venues, etc.) - be expected to pay about $150, respectively.