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.
Here is a list of top spots to consider when planning to purchase Land in Lagos
Ibeju Lekki: By most people in the real estate sector this area has already been termed 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.
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.
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.
Check: Buy land and houses in Lagos with a flexible payment plan.
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.