Top 5 Locations to Buy Land in Lagos 
Home Business Entrepreneurs Top 5 Locations to Buy Land in Lagos 
Entrepreneurs - October 17, 2023

Top 5 Locations to Buy Land in Lagos 

Have you ever dreamed of owning a piece of prime real estate in a bustling city with limitless potential? Lagos, Nigeria’s largest and most dynamic city, presents you with a golden opportunity. With its booming economy and ever-expanding horizons, you can buy land in Lagos, which is a gateway to prosperity and a slice of Africa’s vibrant future.

The state is renowned for its vibrant nightlife, stunning beach resorts, and its iconic Third Mainland Bridge, linking the mainland to Lagos Island. Lagos stands out as one of the world’s fastest-growing urban centers, distinguishing it from numerous other African cities. With one of the most robust GDPs on the continent, Lagos unquestionably represents a land of prosperity.

Ibeju-Lekki

Ibeju-Lekki, a local government area in Lekki, is teeming with life as over a hundred thousand residents call it home. This area is often referred to as the “new Lagos” due to its rapid expansion and the stunning views of the lagoon and the seashore. What makes Ibeju-Lekki even more promising are the impressive developments taking place here. It is now home to the prestigious Lekki Golf Course, the state-of-the-art New Lekki International Airport, the bustling Lekki Free Trade Zone, and the massive Dangote Refinery and Petrochemical Plant.

The Lagos government strategically selected Ibeju-Lekki to house the Lekki Free Trade Zones, offering tax benefits and free zone incentives that have attracted both local and international investors and of course, those looking to buy land.

Arepo

Arepo, a satellite town along the Lagos/Ibadan Expressway within Ogun State’s Obafemi Owode Local Government Area, holds a unique charm. Its elegant style and remarkable architecture make it an attractive place to call home. This town is brimming with life, offering fantastic dining options, serene parks for leisure and relaxation, and bustling shopping centers.

Arepo is widely recognized as one of the rapidly developing areas on the fringes of Lagos State, and it leverages its proximity to Lagos to its advantage. Early investors are already reaping the rewards as land prices here have steadily appreciated. The recent addition of service lanes along the Lagos-Ibadan Expressway further enhances this area’s appeal. Plus, Arepo’s tranquil surroundings free from the hustle and bustle make it a truly desirable place to live.

Epe

Epe is emerging as another promising hotspot to buy land in Lagos. As development in Ibeju Lekki continues, land prices are expected to rise, prompting increased interest in nearby areas with more affordable land options. This shift is driven, in part, by the proposed Ibeju Lekki-Epe Highway project initiated by the Lagos State Governor, which aims to enhance transportation between Ibeju Lekki and Epe. As land prices surge in Ibeju Lekki, Epe offers an attractive alternative for those seeking cost-effective land investments, making it an area poised for significant growth and potential returns for savvy investors.

Ikorodu

Ikorodu, another rapidly evolving part of Lagos, is witnessing a notable influx of newcomers. The Lagos State government’s strategic approach, involving the construction of numerous homes, estates, and highways, is drawing an increasing number of residents to this area. As more people choose to make Ikorodu their home, the demand for land in this region is expected to surge. This heightened interest is likely to propel the value of land in Ikorodu upward, making it an opportune destination for land investments and an area to watch closely for growth potential in the near future.

Simawa

Simawa, a burgeoning region located behind the Redeemed Christian Church of Christ campground, is quietly becoming a destination of choice for diverse communities and property investors. With over 10,000 residents from various backgrounds, Simawa offers a blend of beauty, comfort, and affordability. One of its most significant advantages is its proximity to the bustling Lagos-Ibadan Expressway, known as one of the nation’s busiest and a major road network in Africa. 

As the busiest interstate route in Nigeria, Simawa’s strategic location along this vital artery makes it an appealing prospect for those looking to buy land with promising growth potential.

Leave a Reply

Check Also

5 African Female Pilots You Should Know

The story of African female pilots is one of resilience, ambition, and breaking new ground…