All You Need to Know About Buying Land in Epe

All You Need to Know About Buying Land in Epe

Accessible land is becoming more difficult to find if you’re looking for landed properties or estates for sale in Lagos. This has shifted the focus of many real estate companies to the Epe area of Lagos, a largely under-occupied location, judging by how crammed up the mainland is.

Epe is located on the north side of the Lekki lagoon. It is situated in a North Eastern location that makes it easily accessible to other neighboring cities like Ìjèbú and Ibadan in Ogun and Oyo State respectively.

If you are wondering why you should buy land in Epe Lagos, here are some quick facts about Epe that might influence your decision or change your perspective about the north eastern part of Lagos.

5 Quick Facts About Epe

Are you wondering why you should consider a land for sale in the Epe area of Lagos? Here are quick facts about the city.

1. Epe is the new Lagos

Epe is strategically located in a central region. The city of Epe is just about 35 mins drive from Ibeju Lekki that houses the famous Lagos Free Trade Zone.

Also, there are several other multinational establishments close to or within Epe such as; Alaro city, newly approved international airport, seaport, the Dangote refineries, and many others. Not to mention, Epe is peaceful and it’s far away from the hustle bustle center in the city of Lagos.

2. Epe’s land is dry

As flood is peculiar to most of the cities on the island, Epe’s case is different. More than 97% of land for sale in Epe is dry, eliminating the fear of future flooding especially during the rainy season.

3. Numerous universities and colleges

We visited Epe through the Itokin axis 5 years ago and we understood why much of it was uninhabited. Being a fishing community, Epe was seen as a local town. But today, starting with the building of road networks by former Governor Akinwunmi Ambode, the siting of the refineries in Ibeju-Lekki, a couple of minutes from Epe, the proposed airport, Epe is becoming the cynosure of all eyes in the real estate industry. And just so you know, the Lagos State University of Education has a campus in Epe and the St. Augustine University, a private institution located at Igbonla, is sited in Epe.

Yaba College of Technology also has a campus in Epe for their technical studies. The newly approved Lagos State University of Education formerly known as Micheal Otedola College is located in Epe.

4. Numerous national and international industries

As we mentioned earlier, there are so many economic development establishments in the city of Epe and many others are still springing up. Presently, Epe is close to Alaro City and the Lekki Free Trade zone. Dangote is also building Africa’s biggest refinery in the Epe area of Lagos. Also, Lekki Sea Port is being built within this area.

The most recent addition to the list is the newly approved international airport in Epe, Lagos.

5. Epe is peaceful

Lagos state is popularly adored as a city not meant for the fainthearted due to its hustling and bustling nature. However, Epe is far away from the bustling city center of in Lagos. For those that pride in serenity, Epe is the perfect choice.

Benefits of Buying An Estate in Epe

Here are the benefits of buying an estate in Epe Lagos:

1. Epe land is cheap

At the moment, Epe has the cheapest land for sale in Lagos Nigeria. When compared with cities like Lekki, Victoria Island, and Ikoyi, one would know Epe’s land is considerably cheaper.

However, this price won’t last forever especially with the numerous national and international establishments finding their way into Epe presently. That’s why you must seize the moment now when land is still affordable.

2. Superb road network

Epe is unarguably the city with the best road network in Lagos. Epe’s Road connects to other cities within and outside Lagos. Some of them include, Ìjèbú and Ikorodu.

With the excellent road network, considering a land for sale in Epe, Lagos, Nigeria is a means to wealth maximization.

3. Good ROI

Buying and keeping a landed property here is a good investment choice that’s guaranteed to multiply your ROI even in a year.

From the Dangote refinery to the Lekki Deep Sea Port and the newly-approved Lagos state international airport, people will need a place to stay. This makes Epe a perfect location to invest in real estate.

Presently, on the average a plot of land for sale in Epe goes for as low as ₦800,000 to ₦3 million depending on the location and title, but it is expected to hit ₦10 million on the average in the next two years. That’s why you can never go wrong with an investment in a city like Epe.

How much is a plot of land in Epe on average?

The average price of a plot of land for sale in Epe is around ₦2.5 million naira. The most expensive costs ₦22 million, according to Nigeria Property Centre.

The Greenville estate by HybridLandtech Limited is a lot cheaper, located by the main road, and is immediately buildable. You may start by filling this form for a site inspection with us.

Oluwasogo Ariyibi

Oluwasogo Ariyibi

Oluwasogo Abraham is a resourceful content writer and communication expert. For years, he has been salient to the online growth of businesses and establishments through his craft. He has a great penchant for the real estate industry. That’s why he is committed to assisting Real Estate companies and brokers to reach their goals. You can reach out to him via LinkedIn