ESV Olushina Ojo

13/03/2026

PROPERTY MARKET UPDATE IN IBADAN

The real estate market in Ibadan continues to experience steady growth as more investors and property developers begin to recognize the city’s huge potential. As one of the largest and fastest-growing cities in Nigeria, Ibadan offers a unique blend of affordability, accessibility, and strong long-term investment prospects.

Here are some important trends currently shaping the property market in Ibadan:

1️⃣ Why Property Prices in Ibadan Are Increasing
Property values in Ibadan have been gradually rising due to increasing demand for residential housing, commercial spaces, and land for development. Many investors are now turning to Ibadan because property prices are still relatively affordable compared to cities like Lagos and Abuja.
As more people relocate to the city for business, education, and lifestyle reasons, demand for land and housing continues to grow, naturally pushing property values upward.

2️⃣ Infrastructure Development Driving Real Estate Growth
Ongoing infrastructure development has also played a significant role in the expansion of the Ibadan property market. Improvements in road networks and the strategic connectivity to Lagos through the Lagos–Ibadan Expressway have made Ibadan more accessible for commuters, businesses, and investors.
When infrastructure improves, property values in surrounding areas tend to appreciate significantly.

3️⃣ Areas in Ibadan with Strong Investment Potential
Several areas in Ibadan are currently attracting attention from investors and developers due to their growth prospects and expanding residential developments. Some of these areas include:
Akobo
Moniya
Elebu
Oluyole Extension
Ajoda New Town
These locations present opportunities for residential development, land banking, and rental investment.

4️⃣ Strong Demand for Rental Properties
Ibadan has a strong rental market due to the presence of major institutions such as University of Ibadan, University College Hospital, and numerous government establishments.
Students, professionals, and civil servants create consistent demand for accommodation, making rental property investment a viable and sustainable option for investors.

5️⃣ Why Dugbe Remains a Strong Commercial Location
The Dugbe area continues to maintain its reputation as one of the most vibrant commercial hubs in the city. Its central location, high business activity, and accessibility make it attractive for offices, retail outlets, banks, and corporate establishments.
Despite the emergence of new commercial districts, Dugbe still remains one of the most strategic business locations in Ibadan.

📌 Professional Insight
For anyone considering investing in real estate in Ibadan, it is important to carefully evaluate location, infrastructure, accessibility, and land documentation before making any decision. Proper due diligence and professional guidance are essential to ensure safe and profitable property investment.

Ibadan remains a city with strong real estate potential, offering opportunities for both short-term returns and long-term property appreciation.
📍 Stay connected for more weekly insights on the Ibadan property market.

07/03/2026

WHY EVERY PROPERTY OWNER NEEDS A PROFESSIONAL

Many property owners believe that once a house is built and tenants move in, the work is finished.
Unfortunately, this is not the case. Managing a property properly requires experience, time, and professional knowledge.
Property management is the professional supervision and administration of a property on behalf of the owner to ensure the property is well-maintained, tenants are properly managed, and the owner gets maximum return on investment.
Benefits of Professional Property Management:

1. Proper Tenant Screening
A professional property manager carefully screens tenants to ensure responsible and reliable occupants are selected. This reduces the risk of rent default and property damage.

2. Regular Rent Collection
Property managers ensure rent is paid when due and maintain proper financial records for the landlord.

3. Property Maintenance and Preservation
Regular inspection and maintenance help to keep the property in good condition and preserve its long-term value.

4. Handling Tenant Issues
Disputes, complaints, and tenant concerns are professionally handled without unnecessary stress for the landlord.

5. Legal Compliance
Property managers understand tenancy laws and help ensure that both landlord and tenant operate within the law.

6. Increased Property Value
A properly managed property maintains its market value and attracts quality tenants.
Why Engage a Professional Estate Surveyor and Valuer?

A qualified Estate Surveyor and Valuer has the professional training and experience to manage properties effectively, protect the landlord’s investment, and ensure steady income from the property.
Instead of struggling with tenant issues, rent collection, and maintenance supervision, you can allow a professional to handle it while you focus on other important things.
Your property is an investment — manage it professionally.
For professional property management services, kindly contact:
OLUSHINA OJO & CO.
Estate Surveyors and Valuers
Suite 7, Second Floor, Cooperative Building (Obisesan Hall)
Lebanon Street, Dugbe, Ibadan
📞 0803 545 3614 | 0816 339 0992

07/03/2026

For Sale
Direct property
A vacant land measuring 1,234.237 square meters, facing a major tarred road of Arapaja Odo-Ona Ibadan. Good for commercial purposes.
Price: 65m asking price.
Contact: 0803 545 3614

06/03/2026

WHY PROPERTY VALUATION IS VERY IMPORTANT
Many property owners, buyers, and investors underestimate the importance of carrying out a professional property valuation. A valuation report is not just a document; it is a professional opinion of the true market value of a property prepared by a qualified Estate Surveyor and Valuer.
Here are some important reasons why valuation is necessary:
1. Knowing the True Market Value
A professional valuation helps determine the accurate market value of a property. This protects property owners from selling below value and protects buyers from overpaying.

2. Loan and Mortgage Purposes
Financial institutions typically require a valuation report before granting loans that use property as collateral. This ensures that the property value is sufficient to secure the loan.

3. Property Investment Decisions
For investors, valuation provides reliable information needed to make sound investment decisions and avoid costly mistakes.

4. Rent Assessment
Valuation helps determine the appropriate and fair rental value of a property based on prevailing market conditions.

5. Insurance Purposes
A valuation report helps determine the correct replacement value of a property, enablinghat tocan be adequately insured against risks such as fire or damage.

6. Sale and Purchase Transactions
Before buying or selling a property, a valuation helps both parties understand the property's real worth and negotiate fairly.

7. Legal and Dispute Matters
Valuation reports are often required in court cases, probate matters, divorce settlements, and property disputes.

Conclusion
Property is one of the most valuable assets anyone can own. Making decisions about it without a professional valuation can lead to serious financial loss. Always consult a qualified Estate Surveyor and Valuer for a reliable valuation report before making major property decisions.

📌 For professional property valuation and real estate advisory services, feel free to contact us on 0803 545 3614 or visit our office at 2nd floor, opposite Aje building (,Obisesan hall) Lebanon street Dugbe Ibadan, Oyo State

28/02/2026

28/02/2026

Contact us on 0803 545 3614, 0816 339 0992. Our office at 2nd floor, cooperative building , Lebanon street Dugbe Ibadan.