Yes, we all know how congested and small the Lagos land mass is. So it’s understandable if you don’t believe us when we tell you Lagos still has 715,400,000 square metres of afforested land, according to the Lagos State Forest Services Department.
Although some of these are under government acquisition, there is still a lot of private land for sale in Lagos. One factor you must first consider is the location. You don’t want to get land in a swampy or flood-affected area. The recent flood outbreak in Lagos might just make you want to consider knowing the best location to buy land in Lagos.
The price is also of course a criterion. You don’t want a location where the prices of land are running into hundreds of million. Of course, why not, if you’ve got some milli to splash! But we’re talking about the average populace now!
Top 3 Locations To Get Land In Lagos
Here we will provide you with the three best locations in Lagos where you can get dry land at an affordable price.
1. Epe
Looking at the Lagos state land mass, Epe is located at the north-eastern end of the city. It borders the ancient city of Ìjèbú, Ogun State and riddled with extremely great road network that links all the way to Abeokuta.
Epe is a very big city, has a lot of uninhabited land mass, and it is presently considered the fastest-growing city in Lagos state.
Several real estate companies in Lagos have pitched their estates in this city selling lands at different prices. One of the best estates you would find in Epe is Greenville Estate, Poka Epe by HybridLandtech Limited. It is dry land that is 3 mins drive away from the Epe Expressway. It is sold for prices between ₦2.5 to 2.75 million depending on the duration of payment.
2. Ibeju Lekki
When considering places with available land for sale in Lagos, another great location is the Ibeju Lekki axis. You might want to say lands in this area would cost a fortune because of the Lekki factor.
Well, you may be right though. Ibeju Lekki is a developed area. It is a place where you can buy and build immediately as it is already inhabitable by people. But Ibeju Lekki estates are not as expensive as those at Ikoyi, for example.
According to the real estate listing site, Nigeria Property Centre, the average price of land in Ibeju-Lekki is around ₦6,590,000 per plot. Meanwhile, the most expensive land here can cost ₦65,000,000 per plot. So, it all depends on the location. And if the plot of land is titled, the price gets higher.
But if you are thinking of investing in real estate around Ibeju Lekki, you should consider Royalty Homes by HybridLandtech Limited. Located inside Beachwood estate, one of the poshest areas in Ibeju-Lekki, Royalty estate is a gated serviced residential facility. A 450 SQM is sold at prices between ₦21 and ₦21.5 million naira depending on the payment duration.
3. Badagry
If you are looking for land for sale in Lagos in an area where real estate is relatively cheap, Badagry is the place for you. This especially if you are buying directly from the family that owns the land. But be ready for trouble!
We would advise you to exercise precaution as there have been numerous cases of land disputes in this area. It’s always better to buy from a notable real estate company and involve a property lawyer.
FAQs
Where is Lagos cheapest land?
At the moment, among the lands for sale in Lagos, Epe axis has the cheapest and most valuable real estate. From airport to industries, Epe will be the new Ikeja or Lekki of Lagos in 5 to 10 years!
Where is the best area to live in Lagos?
Considering the Lagos state land mass, Victoria Island and Ikoyi, are some of the best places to live in Lagos. Maryland is also a safe place to stay. However, note that the best area to live in Lagos is mostly based on preference. You should only ensure you are far away from places affected by floods. Lagos is relatively peaceful by the way.
Meanwhile, the Lekki-Ajah area of Lagos offers amazing perks for family settlement. There are numerous attraction sites in this axis and numerous employment opportunities.
How do I know land is under government acquisition in Lagos?
You should do a survey plan. The plan should be given to your lawyer for a check at the Surveyor General’s office. From here you will know if the land is under government acquisition in Lagos.
Also, you can save yourself the stress by purchasing land from a reputable real estate company in Lagos like Hybrid Landtech Limited.
OLUWASOGO Abraham
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.