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3 Best Locations To Buy Land For Future Investment Purpose In Lagos - Investment - Nairaland

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3 Best Locations To Buy Land For Future Investment Purpose In Lagos by uwemconcept: 11:34am On Aug 04, 2020
In last episode we looked at the factors to consider before buying land as future investment purpose
Click here to see the video �
https://www.youtube.com/watch?v=C-ioX_ckdmg

In this article we will look at the 3 best locations to buy land in Lagos for future investment purpose. These are the locations that promises anyone who invest in these locations a high return on investment. The most interesting thing about the land in the locations is that the price of land in these locations are very cheap and affordable. Let's start with the very best location.

Ibeju-lekki

This is the most promising location to buy land for future investment purpose in Lagos due to it

I) Rate of present and future development projects such as
(a) Dangote refinery
(b) Free zone
(c) Deep sea port
(d) The beautiful Lamcampagne Tropicana Beach Resort
(e) Proposed international airport
(f) Top notch road network.

And

(ii) Estimated population growth.

Population growth is one of the factor that leads to increase in demand for land. According to Central bank of Nigeria Dangote refinery alone needs 70,000 employees for it optimal operation. When this figure is added to the number of people who will be working in Free trade zone, Deep sea port, the population of Ibeju-lekki is expected to increase.


Epe

It is a coastal city located few meters away from Ibeju-lekki. This is one of the city that will benefit the most from the huge investment in ibeju-lekki because of it proximity to Ibeju-lekki.
It is one of the best location to buy land in Lagos due to

i) Present and future developmental projects such as

(a) The largest smart city in Africa ( Alaro city) (b) Deep sea port (c) Top notch road network (d) proposed fourth mainland bridge

And

ii) Estimated population growth

Epe will serve as home for individuals who will be working in Ibeju-lekki but don't want to live in Ibeju-lekki. With the city being easily accessible from Ibeju-lekki,shagamu, Ijebu-ode and Ikorodu. The amount of people who will move into epe when the investment in ibeju-lekki are operating full will increase


Ikorodu

Is another location that will also benefit from huge investment in ibeju-lekki. And it is a very good location to buy land for future investment purpose due to it

i) Developmental projects such as

(a) Proposed fourth mainland bridge

(b) Ikorodu is the hub for small, medium and large scale investors

(c) Ikorodu host top manufacturing companies like Dangote pasta, Chikki Food LTD (Maker of Chikki Noodles) etc

Population
Ikorodu is the second most populous local government in Lagos after Alimosho. It will host people who will like to live on the mainland and work on the island.

These are the most promising locations in Lagos to buy land for future investment purpose.

Make the right decision today by investing in any of this location.


If you find value in this post or you have any question kindly let me know in the comment section.

Also kindly like and share this post


#realestate #realestateinvestment #investment #lagos

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