Real Estate75 Comments

Landed property business is currently booming in Lagos and most other parts of the country and will continue to boom for a very long time. It is the easiest and my choicest aspect of real estate business. Buying lands in Lagos is not as difficult as you think. A land you purchase this year is likely to double in price next year and so on…

Buying cheap lands and reselling for profit or what we call land flipping is a business for smart and wise investors because you do nothing more than just invest your money and watch it grow by means of property appreciation. In the previous Real Estate Investment article, I mentioned how the land I bought last two years for N500,000 is not going for N2.5 M – giving me profit of N2 Million without breaking sweat. If that is not a good business, then tell me what is?

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I want you to be in this business and I want you to make money. Therefore, I am going to list some of the areas where you can buy lands in Lagos very cheap and resale at great profit within a short period time.

Like you and I knows, Lagos is rapidly expanding it’s development. Infrastructures are developing by days. Greater number of people are migrating to Lagos as a result of it’s development. More people are taking to building their own houses instead of living in a ranted apartments.

SEE ALSO: How To Invest N5Million With Us And Earn N250,000 Monthly Return

Because of all these, cost of lands in main parts of Lagos such as Surulere, Yaba, Lagos Island, Ikeja, and other places like that are increasingly becoming out of the reach of average Lagosians, forcing people to move to the outskirts. More and more of this outskirts that where previously bush are becoming mega developed due to movement of people.

You can capitalize on this trend to create wealth for yourselves buy buying cheap lands in the nearby rural areas in Lagos. Where are these areas we’re talking about?

1. Ikorodu – You can still get lands in some parts of Ikorodu between N300,000 to N700,000. Go to areas like Ogijo, Imota, Ijede, Igbogbo, Imowonla, Igberigbe, Igbolomu, Isawo, etc… Look for someone who knows this area I’m talking about to help you locate some choice properties at good price.

Secret: Expansion Construction is ongoing on the Ikorodu – Lagos Road and will be completed by August next year. By the time that road is completed, prices of lands will increase by 1,000%. Grab yours now and wait for the cash!

2. Agbowa – I heard the Lagos State Government has great plans going on for Agbowa axis. Great housing estates are being developed and Government is planning massive infrastructural development there. This the time to position yourselves for profit taking. A plot of land goes for between N200,000 to N400,000. You can even get some for N150,000 at a very good location. Within two years from now, the properties may be going from N1 million, quote me when it happens.

3. Epe – You don’t have to be told about the potential that exist in Epe axis of Lagos State. As development criss-cross through Ibeju-Lekki Local Government, you find-out that Epe Local Government will be the next bus stop before taking off to connect with Ijebu Area.

Properties are still there for sale for as low as N400,000. Your duty is to go locate good ones, pay for it and secure all the documents. Then wait for the profit time. The price is guaranteed to double within a year time.

4. Agbado – You can get land cheap in Agbado area now. The 16 lane world class express carriage way being constructed by Lagos State Government is almost nearing completion. When that is done, property in Agbado area will be out of reach. But you can still get is now between N300,000 to N600,000. These same lands will be going for nothing less than N2M when the road is completed.

5. Akute – This is another good and quiet area in Lagos where lands are still being sold cheap. That area is devoid of trouble and rancor. Buy land there very cheap and quickly resell for good profit.

If you have idea of how lands goes in your state and where it can be gotten cheap and resell for good profit, write the article and send to me. I’ll be glad to publish it here.

 Do you know other places in Lagos where land is sold cheap? Please tell us by commenting.

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75 Comments

  • Anu Otudero August 26, 2013

    A plot of land around lekki free trade zone that cost 1.6 million naira now should be worth how much by 2015?,
    also a plot land in agbara that sells for 500k currently should be worth how much by 2015?

    Thanks

    • Darlinton Omeh August 26, 2013

      Anu, a plot of land in Lekki free trade zone is a goldmine considering the planned development in that axis. It is expected that before five years period, Eko Atlantic and the Eko International Airport would have been completed. Therefore by 2015 the lands should worth N7 million.

      A plot of land in Agbara that cost N500K now should worth N1.5 million in 2015

      Thank you

      • Ignatius June 25, 2016

        I agree… buying land along Lekki Free Zone is the best investment right now especially with the latest developments. I work with EUC Homes Ltd and we sell lands at Ibeju-Lekki LGA, very close to the Lekki Free Zone. These are dry lands with Global C of O or Gazette and sells for N1.5million to N3million. Land inspection goes on everyday and all the land documents can be made available for you to view. Call me on for more information.

      • Ignatius June 25, 2016

        (Corrected) I agree. Buying land along Lekki Free Zone is a goldmine especially with the latest developments in the area. I work with EUC Homes Ltd and we sell lands at Ibeju-Lekki LGA, very close to the Lekki Free Zone. These are dry lands with Global C of O or Gazette and sells for N1.5million to N3million. Land inspection goes on everyday. Call me on for more information.

  • Jonathan Smith September 20, 2013

    Consult a land surveyor. You will find some land surveying company nearby and they will tell you everything about the land. They can estimate the present value and future value of a land.

  • Anonymous October 19, 2013

    who can I contact to purchase some plots in these areas you have highlighted?

  • Anonymous October 19, 2013

    Who can I contact to purchase some plots of land in the areas you have highlighted?

  • Clement Crownrise November 4, 2013

    Lands are also cheap at Badagry, you can get plots of lands for 300k

  • BLUEHEDGE December 29, 2013

    Good article…We are real estate consultants and Lekki-Epe area is our area of specialization

  • mahogany January 10, 2014

    I would like to purchase a few plots in Agbara and Epe. Who can I contact?

    • Olumide February 16, 2014

      There is a plot of land at Oko Afo along Badagry Express Way between 400k to 700k……..don't know if u will be interested in that area. contact me for more details.

    • akintola matthew December 10, 2015

      If You are still interested, please contact me for any land of your choice….you are free from any government acquisition because the land is directly from our office (Government) YOU will deal directly to government.

      • Akpan charles February 9, 2016

        @ Akintola Mathew were is the land located I have interest. Secondly does it have c of o and how is omo onile prob. If u have land not more than 300k let me no pls.

        I also like a land that is in estate that has been survey generally.

        Thanks
        Charles

      • Dr Wilson Christson June 22, 2016

        i am interested in purchasing some plots of land. kindly text me at: 08101595505. thanks

  • Anonymous January 13, 2014

    Lands are also sold for as low as 7Million naira per plot at lekki Scheme II. Contact @Tlarry05 on twitter for more information.

  • Anonymous February 4, 2014

    Fellow Nigerians,
    I am Adeosun Funsho Martins. I work with a reputable Real Estate Company in Nigeria. We have landed properties that are highly affordable and pocket-friendly situated in the following places :
    AGBARA (ROSEBERRY ESTATE)
    IGBESA (PRIME ESTATE)
    MOWE-OFADA (PRIME ESTATE PHASE II)
    PAKURO (PRIME ESTATE)
    LEKKI-MAYFAIR (HARBOUR ESTATE)

    • Akpan charles February 9, 2016

      At what price per plot. Omo onile prob. Is it in estate with c of o?

      • peace February 10, 2016

        we have plots of lands for as low as 1.2m and 1.5m with C of O and no omo onile problem, you deal directly with the estate agents at lekki along the free trade zone area. the lands are also in a proposed estate. for more information and inspection.

      • peace February 10, 2016

        @Akpan, we have lands for sale for as low as 1.2m and 1.5m per plot at Lekki, along the lekki free trade zone. title C of O and no omo onile problem. for more details and inspection.

  • Anonymous February 21, 2014

    If yu are interested in getting two plots of land at lagos/ badagry express way Call for information

    • Anonymous April 16, 2016

      I’m interested in knowing about possibility of buying ocean view lands in Badagry. Are the roads improved from 30 years ago?

      • Olushola Onipede May 3, 2016

        which areas in Badagry? I have connections in Badagry West LCD. Dry land, no raft foundation needed, and lagoon view. email me at o. At the moment,the roads are being constructed into 8 lanes, 4 on both sides, in the middle is a metro line. Work has been slow on these projects and is causing a lot of traffic problem in the area, the state government is doing something about a quick completion of the projects.

        • Anonymous May 9, 2016

          Any area accessible by vehicle and how do I get your email. Mr. Omeh, please send my email to Olushola. Thanks for your prompt response!

        • Dayo July 13, 2016

          Pls can I have your email address.

          Thank you.

  • Rotimi April 5, 2014

    Hi every one, My name is Rotimi a nice article here Bt I av a strong conection with owners of land willing to sale, if ur interested in buying plots in areas like Epe, Agbara,badagry,Lekki ,Mowe ofada @ an affordable price with perfected papers. call

    • malachy April 22, 2016

      i would be interested in getting a land a agbara side which is not inside and also very cheap so call me (phone numbers and emails not allowed)

    • Dr Wilson Christson June 22, 2016

      i am interested in plots of land in epe, agbara , lekki and mowe. pls text me at: 08101595505

  • FRANK April 12, 2014

    This site is awesome.

  • Anonymous June 4, 2014

    Agbowa is developing seriouly with different estate.

  • Shonola Wasiu Olashile June 18, 2014

    hi..where can i get an acres of land suitable for an estate biz which are less than 1million per acre?

  • Josephine Uche-Obasi August 5, 2014

    Hello peps,
    I am Josephine Uche-Obasi by name. I am working for Next Dimension Properties Ltd, Nigeria. We have 2 estates in Igbesa Agbara, Ogun State. Details below:

    Agbara (HONEYDEW Estate) N1.5M Outright payment
    Agbara (JOYRIDE Estate) N650k Outright payment or N37,500 installments for 20months i.e. N750k
    You can reach me on.

  • Josephine Uche-Obasi August 5, 2014

    Hello peps,
    I am Josephine Uche-Obasi by name. I am working for Next Dimension Properties Ltd, Nigeria. We have 2 estates in Igbesa Agbara, Ogun State. Details below:

    Agbara (HONEYDEW Estate) N1.5M Outright payment
    Agbara (JOYRIDE Estate) N650k Outright payment or N37,500 installments for 20months i.e. N750k

  • Teresa Nil September 6, 2014

    You have land for sale in Lagos? add me on FB JoeHass let's talk

  • Aderinto Oluwaseyi June 22, 2015

    can i get a land at Alagbado

  • DANIEMM LEKKY & ASSOCIATES August 18, 2015

    Large expanse of land available for sale in Epe. Serious buyers only (preferably corporate on institutional investors).

    • Charles January 28, 2016

      I am interested in buying three plots of land in epe area within the range of 200k to 400k. Please keep me inform if you have one .

  • osazuna January 29, 2016

    Hello,

    I am currently searching for a land in ogba, how will it cost me ? or there is a place close to ogun state, it have a boundary between lagos and ogun, i have forgotten the name.

    Thank you in avance,

    Regards

  • Jane February 2, 2016

    I am interested in buying about three plots of land in epe,Agbara or Mowe area within the range of 200k to 400k. Please keep me inform if you have one.You can reach me

    • Veronica February 8, 2016

      Hello Dear,

      My name is Veronica and I work in Sterling Homes Ltd. We have land available for purchase at Mowe, selling at a fast race.

      Feel free to contact me

      • Akpan charles February 9, 2016

        At what price per plot. Omo onile prob. Is it in estate with c of o included? Can I develop it at when I want it.

        • Veronica SterlingHomes February 18, 2016

          Hello AAkpan, At Mowe our plot of land goes for 630,000 naira. Its in Havila Park and Gardens , Lagos Shagam Interchange. For more information contact Veronica

      • Dr Wilson Christson June 22, 2016

        please text me info about your properties for sale at: 08101595505

  • osazuna February 2, 2016

    Hello,

    I am currently searching for a land in lagos, a good location and not too cost. i would like to have more details about ikorodu, igbesa, agabara,ogba E.T.C.

    thanks

    • Veronica February 8, 2016

      Hello Osazuna,

      I work with Sterling Homes Limited, we have land available for sale in Ikorodu. Feel free to contact me on Veronica.

      • osazuna March 1, 2016

        Hello Veronica,

        what are the price range getting a land at Igbogbo( ikorodu).

        Thanks in avance,

        Regards

      • mandalexia December 29, 2016

        Hi Veronica, i am interested in buying a plot of land in Lagos at least 640sq m in size, i have been looking at areas in ikorodu (online), I am looking for something affordable and close to good roads and amenities; i am presently out of Nigeria but have someone to check area out if available, how can i reach you?

    • Kelly May 13, 2016

      Hi Osazuna, My name is Kelly and I represent Katawa Properties Limited. We have Plot of lands in our Estates in Lekki, Abeokuta and Ikorodu. They are free from Omo Onile and Government encumbrances. and all of our Estates have the following facilities:
      Perimeter fencing/Security gate
      Earth road, BoreHole water supply,Electric transformer connecting to the national grid. Katawa Properties is a leading real Estate company in Nigeria. You can check us on google and on youtube. For more enquiries, kindly call me on

    • ISIAKA OLATUNJI June 5, 2016

      I HAVE A LAND TO SELL AT IKORODU

  • Rasheed February 11, 2016

    Please can you send me your contact details as I want to buy plots of land in ikorodu and I need advice as I don’t live in Nigeria

    • Veronica SterlingHomes February 18, 2016

      Hello Rasheed, We have Moriah Park and Gardens in Ikorodu and Gibeon Park Ikorodu. They are selling fast. For more information contact Veronica

  • Rasheed March 5, 2016

    Dear Veronica.
    I checked your offer and the payment plan for installments are too aggresive .The payment is almost 30% increase from the out right purchase i am getting better offers from other real estate companies. Please kindly advice

    • Josh April 6, 2016

      I need a plot at ajah pls veronica reply

      • Kelly May 13, 2016

        Hi Josh my name is Kelly, I represent Katawa Properties Limited. You can check us out on google and on youtube. We have an Estate (Global Mega City) at Ibeju-Lekki, our Estate is a 17 minutes drive from Ajah, 4 minutes away from Pan African university and close to Lekki Free Trade Zone. Our lands are free from Omo Onile and Government encumbrances. The estate is well layed-out with good facilities such as bore hole water supply, electricity etc.

        You can call me now on , for further enquiries

  • tosen April 6, 2016

    Can i get a land of N200,000 to N250,000 at Agbowo or Atan? kindly drop your contact if yes…..it should be Omo onile free please with C of O..

    • sam May 10, 2016

      Hello josh.. Pls find this intrresting.. A standard plot of land at ajah…670sqm.. Going for 4million.. 3month payment plan.. Call samik consult on.. The plots are within an estate.. Thanks

  • Ijeoma April 20, 2016

    Where can I get land that will be close to drive to adeniji lagos

  • malachy April 22, 2016

    kind somebody help me with a land at paja-iyobo side which the price arrange should not go beyond 200k/ 300k which C of O while i will do search on it by myself,

  • fola April 29, 2016

    My name is fola I’m working with I.M.E. Properties,I.M.E properties are property marketers. For Sales and Purchase of Land Nationwide and their safe Property Acquisitions is guaranteed;they have land at;Oriyanrin Behind Unilag Estate, NTA Diamond_#900,000. Idieka Behind Unity Estate_#1.2m. Behind yaba Tech .Estate, Orimerunmu Ogun state_#900,000. Ofada Ogun state#_650,000. If u re interested call me;

  • Jude May 17, 2016

    Hi All, there are also great opportunities to buy land in Enugu State especially in Indepence Layout Phase 2. A plot of land is about N1000,000 or max. N1,200,000. This will sell for 5m or more once the Enugu State Government complets their on going Centinary Gulf city as well as the 2500 units of houses.
    Indepence Layout is like say Lekki filled up and having lekki phase 1. you can google it and make your research as well. for more info, contact Vatican Homes Limited.
    Kind regards,
    Jude

  • This is a very informative site. Are the estate advertiser vetted or anyone can place property advert on this site. Easy route for scammers especially people like us who are not living in Lagos and not use to this new areas. Olu

    • Darlinton Omeh May 21, 2016

      This is a comment area, anyone can place a comment on this section but we do not allow email and phone numbers. If you wish to drop a contact, I must be your physical address or nothing. This way, we’ve made it impossible for scammers to thrive on this site.

  • Nadine May 31, 2016

    @ Darlington Omeh

    Does anyone know a good agent to find commercial land across Lagos, preferably Lekki?
    Thanks

    • rume samuel July 14, 2016

      hello Nadine, we are lawyers with a focus on real estate.if you need an accountable and dependable agent, Our office is
      AEGIS HOMES AND PROPERTY
      #rd floor, Roselyn plaza, beside diamond bank
      Signboard bustop, Addo road, ajah.

      you can also search for us online

  • QUESTION June 9, 2016

    Hello,

    I bought a land in Ogun state (Eagle Estate in Atan-Ota). It was for about #500K but with everything added it was a total of #1mil. Land was purchased in 2011. I would like to sell the land now. Anyone know how much I can sell for? Thank you.

    Also, how do I invest in farm land for rental purposes? Meaning, I want to purchase farmlands and rent out to farmers.

  • iyke o July 24, 2016

    I am really surprised at the land prices been peddled here. They sound quite cheap considering land in Owerri Imo State cost much more to buy. Are we getting reaped off in Owerri or are people here just making stuff up….

  • Arinze_Chinazom January 8, 2017

    Come and invest in lands in ibeju lekki, as at last year land was 500,000 and now its 1,500,000.The price is appreciating seriously. Come and purchase land at a reputable estate company called gracias gardens in ibeju lekki. Call me for more info 07088172629

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