This work reports the cost-effective growth of Mg:PbI 2 nanostructures with 0, 1, 2.5 and 5.0 wt.% Mg doping concentrations. Structural, vibrational, morphological properties are analyzed using x-ray diffraction (XRD), Raman spectroscopy and scanning electron microscopy (SEM). XRD and Raman studies confirm the monophasic hexagonal system of Mg:PbI 2 , and no additional impurity peaks are detected. The Scherrer formula is used to determine sizes of crystallites to be in the range of 47-52 nm. EDX/SEM e-mapping analyses confirm the incorporation of Mg in PbI 2 matrix and its uniform distribution throughout the sample. The hexagonal nanosheet-and nanoplate-like morphologies are detected in SEM images for pure and Mg-doped PbI 2 . An optical band gap of nanostructures is obtained from Tauc's relation to be in the range 3.0-3.25 eV. Dielectric and electrical properties are found in significant enhancement as Mg doping in PbI 2 matrix, also the conduction mechanism is discussed.