11/09/2023
Followed by Agungi(along the Lekki-Epe expressway).
Sangotedo saw the second-largest rise between 2019-2021.
However, with average land prices rising by 51%.
Ikoyi, which only appreciated by 33% according to the data.
Also, remains the most expensive and livable location.
As a result of the changed landscape, areas with the highest investment opportunities have been most exposed to price rises.
So, what does it mean to Ibeju-Lekki?
Since government and private projects are driving up interest from foreign and local investors in Ibeju-Lekki.
Average land prices have risen by 55% in 12 months.
Despite rising prices, you may think affordability issues continue to plague buyers.
But, you are wrong.
Among property buyers, 65% say they can currently afford to buy land in Ibeju-Lekki and Epe Lagos.
Moreover, three in five believe they are securing a great investment for themselves.
However, some analysts believe property prices will likely remain affordable in the short term, not in the long run.
This led to the prediction that property prices in Ibeju-Lekki will rise 25% above property prices in the Lekki region by 2025.
What does that mean to you?
With the world-class projects going on in Ibeju-Lekki.
It's safe to say, there will be:
- High Appreciation in property value
- Increase in rental rates
- High demand for both commercial and residential properties
- Best infrastructures within the region
- High rate of opportunities
With these massive developments, it means that land will keep appreciating over and over again.
The good news is...
It's no secret that the wealth of Lagos is moving to Ibeju-Lekki.
*So why wait?*
*Invest today!*
