Lagos is a state in Nigeria, located in the south-western part of the country. It is the most populous and urbanized state in the country. With a population of 21 million people, Lagos has a growing economy that is currently the biggest economy in Africa.
The city of Lagos has been one of the fastest growing cities in the world for decades now. The population of Lagos has increased by over 20 million since 1990 and it is estimated that it will reach 30 million by 2024. This means that there are plenty of opportunities for land developers and investors to buy cheap land in Lagos, as long as they know where to look for it.
Here are some places you can buy cheap land in Lagos:
Best Places To Buy Cheap Land In Lagos
1. Ikorodu
Ikorodu is the best place to buy cheap land in Lagos. It has both developed and undeveloped land available, and they are cheaper than many other places in Lagos.
The road network in Ikorodu is quite good. There are two major roads that run through the area, Ipaja Road and Ijokoro Road. These roads are connected by smaller roads that end up leading to other parts of Nigeria or just out into open fields where people live with their families or on their own as farmers.
A lot of people like living in Ikorodu because it is close enough to Lagos city but far enough away from all the commotion. The area has a lot of beautiful scenery, which makes it easy for people who want space between them and their neighbors to have it without having to give up too much comfort or convenience.
2. Badagry
Badagry is an ancient town which was once a slave trading center. Today its notoriety has been replaced by the hustle of development and the encroachment of modernity. This has led to a surge in the population of the town.
There are lots of plots available in this town at very affordable prices. However, you should be careful when buying land in this area because there are few contractors who buy land at exorbitant prices only to resell them later for more money.
If you want to avoid such problems, then make sure that you buy from a trustworthy person or agent so that you don’t end up losing your hard-earned money.
RELATED
10 Best Car Spare Parts Market In Nigeria
10 Best Romantic South African Movies on Netflix
3. Apapa
Apapa is one of the leading ports in Nigeria because it handles about 80% of all cargo that comes into the country by sea. This makes it an ideal place for people who want to start a business that deals with shipping or storage. It also has an industrial area which has made it one of the best places to buy cheap land in Lagos.
It is located near Ikeja, which is another major commercial area in Lagos State. You should expect low priced property here compared to other areas like Victoria Island or Ikoyi because it is not as popular as those areas.
4. Ijegun
If you are looking for cheap land in Lagos, Nigeria, then Ijegun is one of the places you can consider. The area is located on the Lagos-Ibadan Expressway, which means it is accessible to a lot of people.
The area has been experiencing rapid growth in recent times and this has helped to push up the price of land there. However, if you are looking for something affordable, then you should be able to find something suitable for your needs here.
The main advantage of buying land in this area is that there are many apartment blocks being constructed around it. This means that when you buy land here, it will not be long before someone builds an apartment block on your property and rents out units in it. This will help boost your income from the property significantly since it will bring in rental income every month.
5. Agbado
Agbado is a place to buy cheap land in Lagos. This is a popular neighborhood in Lagos Island, Nigeria. Agbado is known for its high-end shops, restaurants and bars which makes it one of the most sought after places to live in Lagos State.
There are many plots available for sale in Agbado at very affordable prices compared to other parts of Lagos State. Some of them are located along the highway while others are in the heart of the area close to shops, restaurants and bars.
6. Amukoko
Amukoko is the place to buy cheap land in Lagos. The surrounding areas are densely populated with residential flats and office buildings and commercial buildings.
The road network in Amukoko is good and easy to navigate through because it has only been developed for about five years now. The roads are well-paved with tarred surfaces.
You can get a lot of land for sale at cheap prices here because the government hasn’t developed the area yet. You can start a small business here or build your own house on a piece of land that you bought cheaply.
7. Eti-Osa
Eti-Osa is one of the most popular residential areas in Lagos. It is located to the south of the city and it has a mix of middle-class and upper-middle class residents.
The population of Eti-Osa is about 200,000 people. Eti-Osa is a vibrant community with many attractions for tourists and locals alike. There are shopping malls, restaurants and hotels in the area as well as some industrial estates.
8. Surulere
Surulere is one of the oldest and most popular areas in Lagos. This is a great place to buy cheap land in Lagos. Many people who are looking for cheap land in Lagos prefer Surulere because of its proximity to the city center and other major business districts.
The area is also known for its good infrastructure, which makes it easy for residents to move around the city. The roads are well maintained and there are plenty of amenities as well as recreational centers nearby.
The economy is thriving in this part of Lagos, so finding a good home here shouldn’t be too difficult. If you’re looking for an affordable property with great potential then this could be your best bet!
9. Ojo Alaba
Ojo Alaba is a fast developing area that has seen real estate prices rising rapidly since it was first developed few years ago. It is an ideal location for those looking for a place to build their dream home or commercial property. The area has everything you need to live comfortably including schools, hospitals and even shopping malls where you can do your daily shopping without going outside the community.
Ojo Alaba has also become popular among many celebrities as they see it as a safe haven where they can invest their money without fear of losing it. It is also one of the safest areas in Lagos as there are no cases of robbery reported here unlike other parts of Lagos where robbery cases are rampant.
10. Akute
Akute is one of the most affordable places to buy land in Lagos. The area is well connected by road, rail and waterway. It has a number of schools and colleges, hospitals and banks within its vicinity.
Akute also has a vibrant commercial sector that offers businesses a wide range of goods and services at affordable prices.
Akute is a rapidly growing town with plenty of opportunities for investors who are looking to buy land in Lagos at an affordable price.
Conclusion
There are a multitude of great places to buy cheap land in Lagos. No matter where you decide to look, make sure to do your research and find a reputable agent who can help guide you through the process.
Once you have purchased your land, it’s important to take care of it so that it remains productive and profitable for years to come!
