JAKANDE ESTATE, ISOLO, ONE OF THE MOST AFFORDABLE HOUSING IN LAGOS.

It shouldn't be an overstated if one says Alhaji Lateef Kayode Jakande was the best ever Governor produced by Lagos State and even the country as whole.

Late Lateef Jakande was a strong member of the Unity Party of Nigeria (UPN) and the party had four cardinal programmes- free education, free health, integrated rural development and gainful employment at that time. It was Alhaji Jakande that added Mass Housing in Lagos State to the list and today the legacies of those housing estates lived after him.

To build the housing estates, Jakande set up a committee to search for vacant land across Lagos State and had a list of lands twelve (12) months before the elections, that means he already planned ahead even before becoming the governor, a great lesson for everyone to always plan ahead for the future especially real estate investment. Had it been that the funds were invested on luxury vehicles for government officials his memories would have faded away for the reason that non of such vehicles will still be on the road this present time.


When he eventually assumed office, he asked civil servants to look for land, they told him there was none because landowners had sold them. He brought his prepared list of available lands to activate the scheme, so if someone tries to discourage you, once you are armed with strong information the problem is solved. The lesson from that is, negotiate rather than abandon your policies.

Another major difference in his government was that those housing were affordable by the masses and some are still easily affordable till now especially the Low Cost Housing Estate, Oke-Afa, Isolo, Lagos popularly known as Jakande Estate, Oke Afa, Isolo.

Isolo in Lagos state is a small town that lies in the Oshodi-Isolo local government area in Lagos state. This is a town that lies near Apapa-Oshodi Expressway and its major link roads are Mushin - Isolo Road enroute Lagos Polythenic, Isolo Campus. Meanwhile, the Osolo way Off Muritala International Airport road and Okota road, off Apapa - Oshodi expressway also link to Isolo. Also, one can access the estate from Ire Akari Estate and through the recently constructed Ajao Estate - Canoe bridge - NNPC deport road. Therefore, Isolo Lagos is a very popular and busy town in Oshodi-Isolo LGA. It is near Ago Palace Way, Ejigbo, Ire Akari Estate and Ajao Estate.

At Jakande Estate, Oke Afa, Isolo an investor can still get a well maintained 3-bedroom flat to buy at the price of between N6m and N8m depending on the floor level and a 2-bedroom flat for between N4m and N5m depending on the floor level and state of repairs. A 3-bedroom semi detached bungalow (self compound) with a room boy's quarter sells for between N18m and N20m.

Meanwhile, both the flats and bungalows command good rental values and could be resell at higher price after a while because of high demand for properties to buy by investors in the estate.

In the recent times, Real Estate Investment is the top choice among smart investors as an alternate investment because of the evident safe, high return as a means to create steady and structured cash flow with above average return on investment.


Real estate can be grouped into three broad categories based on its use:

Residential real estate includes undeveloped land, houses, condominiums, townhouses and other structures purposely developed for dwelling, the structures may be single-family or multi-family dwellings and may be owner occupied or rental properties.

Commercial real estate includes non-residential structures such as office buildings, warehouses, and retail buildings. These buildings may be free standing or in shopping malls.

Industrial real estate includes factories, business parks, mines, and farms. These properties are usually larger in size and locations may include access to transportation hubs such as rail lines and harbors.

Therefore, the act of putting down money either to develop, acquire, flip or sponsor any of the above mentioned with the sole aim of making profit or generating income is regarded as real estate investment. Whether it's planning for retirement, saving for children college fund or earning residual income, many individuals consider turning to the stock market first when it comes to investing. It's a common situation - people want to invest but often don't know where, how or what might yield the best result. While the stock market is a common approach to investing, there is another investment vehicle that could be more effective.

Real estate investments offer an alternative to the stock market and under the right circumstances, they are lower risk, yield better returns and offer greater diversification. A decade ago, approximately two-thirds of Nigerian adults had money in the stock market but, due to the Great Recession, Stock Market Collapse, Nigerians sense of job security, financial confidence and their means to invest were threatened, taking a major toll on the willingness to invest.

Nigerians are still recovering from the fall out and financial advisors often encourage them to invest in real estate in order to maximize their long-term returns. However, a majority of young adults are ignoring this advice, instead saving their money in banks with little or no interest or investing in one Ponzi Scheme or the other whilst many believed that real estate investment is only for the super rich. No! Real estate investing is for everyone and you too can start today especially with the affordability of housing units in an estate like Jakande Estate Oke Afa Isolo.

Therefore, should you wish to invest in real estate by buying a property at Jakande Estate, Oke-Afa, Isolo, Lagos and ready with fund. You may contact us on +2348117949689 (Whatsapp only), +2348032296562 or send email to a2realmartoptions@gmail.com

Thank you.