If you think owning land in Lagos is only for the rich, think again. As of 2025, there are still affordable plots of land in key Lagos suburbs that offer high growth potential without breaking the bank.
From the expanding corridors of Epe and Ibeju-Lekki to the booming outskirts of Ikorodu and Badagry, this guide highlights where smart investors are buying now — and why you should too.
2025 Hot Locations to Buy Affordable Land in Lagos
Location | Price Range (Per Plot) | Investment Potential | Key Projects Nearby |
---|---|---|---|
Epe | ₦1M – ₦5M | High | Lekki-Epe Expressway, Film City |
Ibeju-Lekki | ₦2M – ₦15M | Very High | Dangote Refinery, Deep Seaport |
Ikorodu | ₦1.5M – ₦7M | Moderate to High | 4th Mainland Bridge, Agric Bus Terminal |
Badagry | ₦1M – ₦6M | Moderate | Lagos-Badagry Expressway |
Agbowa | ₦700K – ₦3M | Growing | Proximity to Epe & Ikorodu |
Mowe–Ibafo (borderline) | ₦800K – ₦4M | High | Lagos-Ibadan Expressway |
Tip: These areas are great for buy-and-hold, resale, or future residential development.
Why These Locations Are Affordable (But Valuable)
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Massive infrastructure projects still ongoing, keeping prices low now
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Abundant land for development, especially in outskirts
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Urban migration pushing demand into suburbs
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Estate developers moving into less crowded regions
What You Can Do With Land in These Areas
Use Case | Advantage |
---|---|
Build-to-rent housing | Long-term rental income from Lagos workers |
Resale after appreciation | Land in these zones can triple in 5–7 years |
Farming or agro-investment | Land is large, cheap, and fertile |
Build and live | Peaceful, emerging communities |
Documents to Look Out for When Buying Cheap Land
Document Type | Importance |
---|---|
Survey Plan | Confirms the exact location of land |
Deed of Assignment | Transfers ownership legally |
Excision / Gazette | Proves land is released by government |
C of O (if available) | Government-backed ownership proof |
Red Flag: If the seller can’t provide any of these documents, avoid the deal.
Legal Tips Before You Buy
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Inspect the land physically
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Conduct a land search at Lagos Land Registry
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Hire a certified surveyor and lawyer
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Ensure no government acquisition or disputes
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Avoid paying without official documents
Real Buyer Story (2021 vs 2025 Price)
"I bought a plot in Epe for ₦750K in 2021. Now, the estate developer next door is selling for ₦5.2M. My best investment ever!"
— Uche M., Land Investor
Why Now Is the Best Time to Buy
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Prices are still low but rising fast
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Infrastructure is expanding into suburbs
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Developers are buying in bulk, pushing prices up
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Government focus on housing in new zones
Buying early = higher returns later. Don’t wait until land becomes unaffordable.
Conclusion
Lagos land is getting more expensive — but there are still smart, affordable deals if you know where to look. With areas like Epe, Ibeju-Lekki, Ikorodu, and Badagry offering low entry points and high potential, now is the time to invest before the prices explode.
Make the move. Buy smart. Watch your land value multiply.