Nigeria's Lagos among top five best cities to buy property in right now

Building in Banana Island, Lagos, Nigeria

When considering real estate investment opportunities, people normally think of western cities like London and New York. But by dong so, they could lose out – emerging cities across Asia, the Middle East, Africa and Latin America are filled with openings that could bring great rewards.

Based on market trends, infrastructure developments and commercial, residential and industrial real estate opportunities, I consider these five cities to be the strongest contenders when deciding where to put money in property.

Mexico City, Mexico

Mexico’s government recently announced a strategy to increase the country’s competitiveness and productivity, with projects focused around six sectors, including transport, urban development and tourism.

Read more: Looking beyond London: These are the five best cities to buy property in right now | City A.M.