The New Lagos: 4 Hot Locations to find the most Lucrative Land Deals

Описание: “The New Lagos” is the code- name for Nigeria's hottest investment destination. This
area as defined, is used to
describe the Lekki Peninsula and Epe axis of Lagos state which are currently
enjoying massive industrialization and
continuous inflow of FDI.

Apart from the massive
industrialization going on in the Lekki Epe axis, another industry receiving
maximum attention from investors is the Real estate sector. Land in this fast growing city of Lagos appreciates so fast, that
many investors and land flippers had
Made over 300% profits on
single deals.

But then, avoiding scams and finding
genuine properties to put the money on could be quite as challenging as any hustle could be, therefore, the Lagos state government has made it easier than ever for you to detect if a property
deal could go wrong before you put a dime on it, as you can check it out through the Lagos Lispendens System.

WHY LISPENDENT SEARCH?

An important and fundamental step
in acquiring land/landed property or
dealing in real estate is investigation
of title in order to ascertain inter alia
any encumbrance on the land. While a search at the Lands Registry may
reveal current ownership status in respect of the real estate/property, it
would fail to show pending litigation over same.

The Lagos State Lis Pendensis designed to provide easy access
information to anyone who wants to
deal in a property with information primarily on whether the property is
subject of litigation (a case in Court)
"such is the effect of the doctrine of lis pendens that it has been held that any person who buys land subject
to litigation is only “gambling away his money"

A lis pendens against a piece of property alerts a potential purchaser
or lender that the property's title is in question.


With that been said here are the top 4 locations to find the most lucrative
land deals in Lagos.

1 ELEKO

Eleko in ibeju lekki is the gateway to the LEKKI FREE TRADEZONE and it is
rightly positioned within the LEKKI
peninsula development mix which helps the properties here to appreciate
fast.

Most of the properties within this area are covered by certificates of
occupancy or excision documents. The
environment is currently populated by
high end residential estates, industries
and hotels. Presently price ranges from
6m per plot to 23m per plot depending
on the plot size, location and title.


2. EPE

Price of land in Epe has continued on
a steady rise in recent time largely because of the influx of new mega projects into the community, coupled
with the influence of the Lekki free
zone.
Also, Epe is strategically located and it connects and creates a quicker
out-road for the fast developing
production zones of LFTZ, to the rest of Nigeria.

Although most of the land in Epe are under freehold, making dealings on
them a little knotty, nevertheless, those
who could find and buy genuine land
here today are bound to reap multiple profits on the resale within s few years.

Price of land ranges from 600k to 5m
depending on location and title.

3. ORIGANRIGAN

Located on the outskirt of the free trade
zone, in beju Lekki, land within this area is presently selling like a hot cake
largely because of the good topography and good title.

Most plots of land on
sale here is covered by a global C of O,
backed by governor's consent. In 2019
a plot of land sold here for less than
N2m but currently sells 6m and above
depending on location. The reality here
is that price will continue to appreciate
as the Lekki Free Trade Zone is
populated and the Dangote refinery
goes full swing.

4. OSHOROKO

Also located in Ibeju Lekki close to Origanrigan, just outside the boundary
of the LFTZ, and less than 5 minutes drive to the Dangote refinery, Oshoroko
is another location that smart investors
are buying up. Most of the land here
is also covered by a global C of O and
backed by the governor's consent.
Titled plots started out here for less
than 2m a couple of years ago, but now
goes for 7m and above. There is also
strong speculations that price in the
corridor will continue to rise due to high demand.

Connect With us on Social Media:

√ WhatsApp: https://bit.ly/3n1Mmvg

√ Linkedin:   / ali-benjamin-094a1180  

√ Facebook:   / 107097867491299  

√ Instagram:   / landclick_realtors  

Property Website: www.landclickng.com

#thenewLagos
#ElekoJunction
#lagosStateGovernment
#InvestInLekki
#Landbanking
#LekkiEpe
#lagosrealestate
#houseforsaleinAjah
#FreeTradezone
#Ajahlagos
#LekkiAirport l