Port Harcourt, the vibrant capital of Rivers State, is a city known for its thriving oil economy, bustling business centers, and luxurious residential neighborhoods. Whether you’re an executive in the oil sector, a business mogul, or an expatriate, living in Port Harcourt often means choosing from some of the most exclusive and expensive areas Nigeria has to offer. In this guide, we explore the most expensive neighborhoods in Port Harcourt, their unique features, and why they are highly sought after.

1. Old GRA

At the top of the list is Old GRA (Government Reserved Area), the historic and prestigious residential area in Port Harcourt. Known for its wide tree-lined streets, upscale homes, and serene environment, Old GRA has maintained its reputation for decades.

Features:

• Home to top government officials, expatriates, and oil executives
• Presence of embassies, consulates, and multinational offices
• Luxury detached houses, mansions, and serviced apartments
• Excellent security and proximity to major business districts

Cost:
Renting a luxury 4–5 bedroom duplex typically costs between ₦15 million to ₦25 million per annum, while purchasing a property can exceed ₦500 million.

2. New GRA

New GRA is a modern alternative to Old GRA, designed to meet the demand for more contemporary housing options. It’s a vibrant and growing area perfect for young professionals and families.

Features:

• Contemporary duplexes, terrace houses, and luxury flats
• Trendy restaurants, bars, and shopping malls
• Well-planned estates with top-notch security
• Close proximity to Old GRA and major commercial centers

Cost:
Rental prices range from ₦7 million to ₦15 million per annum. To purchase a high-end home, expect prices between ₦180 million and ₦400 million.

3. Stadium Road

Stadium Road is a highly sought-after area, offering luxury living combined with strategic accessibility to key parts of the city. It is more expensive and prestigious compared to areas like Abuloma.

Features:

• High-end gated estates with modern amenities
• Quick access to Old GRA, New GRA, and Trans Amadi
• Proximity to malls, business districts, and entertainment hubs
• Well-paved roads and strong security presence

Cost:
Renting a 4-bedroom duplex on Stadium Road ranges between ₦5 million and ₦12 million per annum. Buying a luxury property here can cost anywhere from ₦100 million to ₦200 million depending on the estate and specifications.

4. Peter Odili Road

Peter Odili Road has rapidly developed into one of Port Harcourt’s most desirable addresses, thanks to a surge in new estates and infrastructure improvements.

Features:

• Luxurious gated communities such as Golf Estate and Royal Palm Estate
• Proximity to Trans Amadi Industrial Layout
• Excellent security and modern infrastructure
• Ideal for executives working in oil and gas

Cost:
Rental prices range from ₦3 million to ₦6 million per annum, while property purchases can cost between ₦140 million and ₦350 million.

5. Abuloma

Abuloma offers a more tranquil and secluded luxury living experience. Though prestigious, it is slightly less expensive compared to Stadium Road.

Features:

• Quiet, serene residential atmosphere
• Proximity to the waterfront and industrial hubs
• A favorite among expatriates and oil sector workers
• Good road network and security

Cost:
Rental prices for luxury properties range between ₦4 million to ₦10 million per annum. Buying a property can cost between ₦60 million and ₦90 million.

6. Ada George Road

Ada George Road is emerging as an attractive location for those looking for luxury living at a relatively more affordable price.

Features:

• New estates with modern infrastructure
• Gated communities offering mid-range to luxury homes
• Easy access to the city center and other key areas
• A developing area with strong investment potential

Cost:
Rental rates range from ₦1.5 million to ₦3.5 million per annum, and purchase prices typically fall between ₦90 million and ₦150 million.

Price Comparison Table

Port Harcourt offers a variety of luxurious residential options for those willing to invest in upscale living. From the prestigious streets of Old GRA to the modern gated estates along Stadium Road and New GRA, there is no shortage of premium addresses.

Choosing the right neighborhood depends on your lifestyle preferences, proximity to work, security needs, and budget. If you’re seeking exclusivity, top-notch amenities, and proximity to major business hubs, Old GRA, New GRA, and Stadium Road are top choices. Meanwhile, areas like Abuloma and Peter Odili Road offer serene living environments perfect for families and expatriates.

Ready to make your move? Explore luxury properties today on Naijaspider and find the perfect home that matches your aspirations.

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