5 Best Locations to Buy Land in Epe in 2024 and Why

Are you searching for the best locations to buy land in Epe this year? We’ve got the best areas for real estate investments in Epe just for you.

Epe, also known as ‘New Lagos’ is gradually becoming a hotspot for real estate investment, with its strategic location and proximity to key areas like Ibeju-Lekki, Free Trade Zone and the planned Fourth Mainland Bridge.

If you are thinking of the next best place to invest in real estate in Lagos, then look no further.

In this article, we’ll look at the best locations to buy land in Epe in 2024, and why each of these areas is worth investing in.

Why Invest in Epe?

Before we go on to list the best locations to buy land in Epe, let’s talk about some of the reasons Epe is getting all the attention when it comes to real estate investment.

1. Affordability

Lands in Epe are relatively affordable compared to areas like Ibeju-Lekki or Lekki. Depending on the area, you can get a plot of land for as low as 1 million naira, making it a good investment opportunity for those on a budget.

2. Future Development Projects

Epe is in close proximity to major infrastructure projects like the proposed Fourth Mainland Bridge, the Lekki Free Trade Zone, and the new Lekki International Airport. These projects are expected to increase the value of the lands in the area, as well as the demand.

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3. Peaceful Environment

Epe has a serene environment, unlike the hustle and bustle of Lagos. Epe offers peaceful and natural scenery and is suitable for those who want to escape from the chaos and stress of living in Lagos.

4. Return on Investment (ROI)

With the ongoing projects and development taking place in areas around Epe, the value of properties in Epe is expected to appreciate significantly. Investing now offers you the opportunity to gain a good return on your investments in the near future.

Best Locations to Buy Lands in Epe in 2024

Now that we know why Epe is a hotspot to invest in, let’s look at the specific locations within Epe that are most suitable for real estate investment in 2024.

1. Ketu-Epe

Ketu-Epe is a suitable choice due to its strategic location along the Lagos-Ijebu Ode Road. This is where our estate, Starquest Courts is located. Ketu-Epe also serves as a junction between Epe and other areas. This area is conducive for residential, commercial and agricultural purposes. Some notable landmarks around Ketu-Epe include the Epe Rice Mill, the Atlantic Hall School and the Epe General Hospital.

Prices of land in this area are affordable and range from N800,000 to N3 million per plot. The value of these lands are projected to grow as more businesses and residents troop in.

2. Epe Town

Epe town has evolved over the years due to improved infrastructure, including good road networks, schools and healthcare facilities. It is one of the most promising areas for real estate investment in Epe.

Some key landmarks in this area include the Epe Resort and Spa which is a popular location for both tourists and local residents. There is the Epe fish market also known as the Oluwo fish market. It is regarded as the biggest fish market in Lagos. The market boasts of abundant seafood and a variety of bush meat.

Another notable landmark in Epe-Town is the Lagos State University of Education, formerly known as Michael Otedola College of Primary Education. The educational institution attracts both students and staff who require housing, thereby boosting the need for rental opportunities.

3. Elerangbe

Elerangbe is strategically located between Epe and Ibeju-Lekki, this area benefits from the infrastructural developments in the Ibeju-Lekki axis. This area boasts of good road networks and is suitable for commercial activities. It is steadily gathering a lot of attention from real estate investors due to its proximity to major developments.

Some of these include the proposed Fourth Mainland Bridge, which is set to improve the connection between Lagos Island and Mainland, which ultimately benefits the surrounding areas.

The Dangote Refinery, although not directly in Elerangbe, contributes to the commercial appeal for real estate investment in this location.

With these major infrastructures, the value of land in this area is projected to be on the rise. This makes it a good choice for long-term investment.

4. Ibeju-Lekki Extension

Ibeju-Lekki is gradually becoming a major commercial and industrial center and the extension areas are benefiting immensely from it. These areas are highly attractive due to their proximity to key industries and upcoming projects.

Some of the notable landmarks and projects include the Lekki Free Trade Zone, which would attract international businesses like manufacturing companies and warehouses, thereby fueling the growth and expansion of these areas.

The Lekki Deep Sea Port is another landmark that is expected to advance trade and logistics in this location. This will ultimately make the surrounding lands more valuable for both commercial use and residential purposes.

This location is suitable for commercial projects such as hotels, offices, warehouses and the like. With the development of these industrial and infrastructural projects, areas along the Ibeju-Lekki Extension are projected to increase in value, leading to an increase in investment returns.

5. Odo Egiri

Odo-Egiri is located within Epe and provides an affordable opportunity to invest in real estate in this location. The lands are affordable and provide access to core locations in Epe. Odo-Egiri is suitable for both residential and commercial purposes, and with the development of major projects in Epe and its surrounding areas, properties in Odo-Egiri are projected to increase in value.

Odo-Egiri has some notable landmarks which include the Yaba College of Technology Epe Campus. This educational landmark will attract students and staff, giving rise to the need for housing and rental properties.

Odo-Egiri is also in close proximity to the Epe Marina, which aims to turn the coastal areas of Epe into a tourism and relaxation spot. This development will in turn boost the appeal for residential and commercial projects in surrounding areas.

Odo-Egiri is also close to the Epe Post Office situated along Marina Road, Epe.

Investing in this area not only gives a low barrier to entry due to its affordability, but the proximity to these landmarks makes it appealing for residential estates and commercial investments like student housing, relaxation and hospitality projects.

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Conclusion

There are many benefits to investing in Epe. With the ongoing infrastructure developments like the Fourth Mainland Bridge, the Lekki Deep Sea Port, the Lekki Free Trade Zone and the Epe Marina, the rise in the value of properties in this location is expected.

Investing in strategic and promising locations like Elerangbe, Ketu-Epe, Ibeju-Lekki Extension, Odo-Egiri and Epe-Town will enable you to secure a worthy investment when the value of these properties increases. It is advisable to do due diligence before committing to any land investment. This is to ensure that the land has valid titles and the seller is reputable to avoid potential risks.

Do you desire to buy land in Epe, Ibeju-Lekki or Enugu, send a WhatsApp message to +2348134794494