With the high demand in accommodation, cost of rent increases thereby most people look for cheapest land in Lagos to buy and own some piece of land to themselves
Fortunately, Nigeria is bless with a lot of land mass but not every will bring good return on your investment. When looking for a location to invest in land, some factors to consider include good amenities, standard of living and rate of development in that location.
According to research done by experts, Lagos, Abuja, and Port Harcourt are among the best places to buy land in Nigeria but right now we will focus on the number one.
Where Can I Get Cheap Land In Lagos State?
I have received numerous questions like this and I am not surprise because Lagos State is a peaceful place to live and the commercial hub of Nigeria that so many Nigerian we want to have a property in Lagos.
If part of your plan is to be a landlord in Lagos State and you are looking for a cheap and fast growing areas where you can quickly invest your hard earn money, then consider investing in any of these areas listed below.
Land investment is one of the most profitable ventures in Lagos and subsequently Nigeria and it can yield high returns if you know where to buy, as your property or land will appreciate really fast.
Top 10 Location To Consider When Buying Land In Lagos
Ibeju Lekki: Real estate sector has decided to tag this area the next Lagos due to the high volume of investments and infrastructure development going on by both the public and private sector. Making it a hot spot for purchasing Land, land there already sells in the range of a million-plus and this will increase further as more investments and capital projects by the government are done there.
RELATED: Tiwa Garden City, Ibeju Lekki
Epe: close to the Ibeju lekki axis this is also a very lucrative place to purchase land as the direct investment and inflow of projects and investments in Ibeju lekki would directly affect land appreciation in Epe. Will you like to know the 7 goods location you can buy land in Epe? click here
Sangotedo: Located after Ajah, this area has witnessed a commercial boom in just a few years and is now one of the top spots on the island to purchase land from. There is already a heavy presence of estates and residential homes there and more is likely to follow over the years.
ALSO READ: INVEST IN REAL ESTATE THROUGH LAND BANKING/REAL ESTATE CASHBACK
Lekki: This area needs no introduction, and despite what people think, there are still large areas on land on the lekki axis still available for purchase and not as pricey as you would think.
Magodo: This is a very good area for anyone willing to buy land in Lagos. Its close proximity to the capital of Lagos, Ikeja, makes it a good choice for all seeking a good spot to purchase land. Magodo has well-developed road networks and is home to some nice estates.
ALSO READ: FIVE (5) Properties To Add To Your Portfolio In 2023
Do your want to invest in some of the cheapest land in lagos? Click on the whatsApp link below
For more information and inspection contact: BayhanHomes @ www.bayhanhomes.com. or Call/WhatsApp: +2348138623765
