land for sale in lekki lagos

What you need to know, before buying land for sale in Lekki, Lagos

It is no longer news that real estate investment is the best long term investment you can make, hands down. The times we live in today warrants us to be financially intelligent and smart with our money if we are to survive the economic turbulence, in this article you”ll discover some tips you need to know before buying land for sale in Lekki.

Investing in real estate has many pros that cannot be overemphasized, top of this is how it serves as a hedge against inflation, many smart investors know this and rather than keeping their money in banks where the government easily devalues it, (through inflation), they buy lands and real estate.

The top 5 hottest selling areas in Nigeria are, Lagos, Abuja, Oyo, Rivers and Ogun.

Land for sale in lekki lagos
Source: Nigerianpropertycentre.com

Land in Lekki, Lagos is in very high demand {as seen in the chart above}, mainly because of the development on-going around the area and interests from both local and international investors,

This article was made for people / Real estate developers in Nigeria, that show interest in Lekki and it’s all about what you need to know before buying land for sale in Lekki, Lagos + bonus(discount offer for real estate developers).

General information about Lekki, Lagos

(Wikipedia) Lekki is a city located in the eastern part of Lagos. Lekki is a naturally formed peninsula, adjoining to its west Victoria Island and Ikoyi districts of Lagos, with the Atlantic Ocean to its south, Lagos Lagoon to the north, and Lekki Lagoon to its east; however, the city’s southeast which ends at around the western edge of Refuge Island, adjoins the eastern part of Ibeju-Lekki LGA.

The peninsula is approximately 70 to 80km long, with an average width of 10km. Lekki currently houses several Estates, gated residential developments, agricultural farmlands, areas allocated for a Free Trade Zone, with an airport, and a seaport under construction. The proposed land-use master plan for the Lekki envisages the Peninsula as a “Blue-Green Environment City”, expected to accommodate well over 3.4 million residential population and an additional non-residential population of at least 1.9 million.

Top 7 reasons to buy land for sale in lekki, Lagos

1 LAND VALUE IN THE LEKKI REGION INCREASES EXPONENTIALLY:

land for sale in lekki lagos

This isn’t even news any longer. A year before now, a few lands that were purchased at the cost of N5M presently is selling for over N7M. This is on the grounds that more presentation is going to the zone, with large real estate development companies buying off more land to develop and flip/sell at a higher rate to people later on. The property appreciation rate of land in and around Lekki is the highest in the entire Lagos. What this means for a real estate developer or investor is, If you buy land in Lekki now you are almost guaranteed to make almost 100% ROI within 5 years.

2 CLOSE PROXIMITY TO LUXURY LOCATIONS AND RESORTS

Purchasing land for sale in Lekki, at the current costs for which they are sold, offers you the chance to be situated close to vacation spots and top tourist destination in Lagos Nigeria, this in itself ensures that the value of your property continues to grow as the Lekki is an area buzzing with life and various fun activities for both locale and international fun-seekers. You have the likes of La Campagne Tropicana Beach Resort, Eleko seashore and other astonishing extravagance places within a short distance to your property.

3 FREE FROM OMO-ONILE AND GOVERNMENT ACQUISITION.

A very large portion of the land sold in Lekki right now is free from the encumbrances and inconveniences of locale hooligans or “Omonile” as they are fondly called, who tend to use force and numbers to harass land buyers. This is because many of these places have not been occupied by people yet and exertion is being made by the Lagos state government to make land procurement here as agreeable as could be expected under the circumstances. Likewise, the vast majority of the land sold here comes with a Certificate of occupancy.

4 CLOSENESS TO PROPOSED 4TH MAINLAND BRIDGE:

land for sale in lekki lagos
Proposed 4th mainland bridge ;Source: NLE works

Being able to access other areas easily is one of the main thing investors to look at before buying any property. The Government of Lagos has given future landowners motivation to purchase land in the Lekki region as they have started the development of the Fourth Mainland Bridge. This extension will connect the Lekki district to different pieces of Lagos like Ikorodu and Berger.

The moment this occurs, Land prices in Lekki would shoot through the roof leaving late buyers with extravagant costs if they still wish to buy land in the future. It is way smarter to buy now so as to enjoy the benefits in five or 10 years time.

5 PROXIMITY TO THE LEKKI-EPE INTERNATIONAL AIRPORT:

It is no brainer that buying land near a major government infrastructure like the airport terminal will naturally push the price of property around the environs higher. The proposed Lekki International airport is one more valuable reason why you should consider buying land for sale in Lekki ASAP

6 THE LEKKI/EPE EXPORT FREE TRADE ZONE:

Another strong reason to purchase land for sale in Lekki is the development of the Export Processing Zone (EPZ) and the Free Trade Zone (FTZ). The advent of the Lekki free trade zone would create a lot of commercial and business activities in the area.

This will be useful and beneficial to residents and landowners in the region. Inhabitants will likewise have the option to exploit the exchange zone for business and work purposes.

7 IT WILL SOON BE ALL GONE:

In our opinion, this is the most important reason to buy land for sale in Lekki now and as a real estate developer or investor you need to know that the demands for landed property in Lekki is at a record high and there are no signs of this trend slowing down soon.

as Mark twain famous quote goes:

Buy land, they aren’t making it anymore.

Mark twain

This is even more relevant to lands on the island especially around Lekki, it is predicted that in the next two decades close to 100% of the land available int his region would have been developed and only a few lands would be available for purchase

Numerous people have the Title, Landowner or Landlord attached to their portfolio they did not do anything special everything they did was purchase land. You can join them today, to purchase land for sale in Lekki today click the button below.

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