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What Everyone Must Know About Buying Land In Ibeju Lekki

Investing in Ibeju-Lekki is a no-brainer.  When you consider the Lagos State master plan and the on-going developments in the area, you just know that owning a portion of Ibeju-Lekki is a must. It is the second largest local government in Lagos state and it borders the Atlantic Ocean. The opportunities it presents are numerous.  By the time the Dangote refinery,  Lekki Free Trade Zone, Lekki Deep Sea Port, Coastal road, Fourth Mainland Bridge and the proposed Lekki-Epe International Airport are completed, Ibeju-Lekki will be a new central business district(CBD) in Lagos state

Also Read: Why is real estate a great a investment

The housing units, good roads, restaurants, schools, hospitals, gas stations, relaxation spots, hotels etc. that will be needed to give the people who will be gainfully employed as a result of these new developments is massive. These needs will present business opportunities for everyone.

The easiest way to invest in Ibeju-Lekki now is to acquire land. However, the Lagos State government has not made it easy because a large chunk of Ibeju-Lekki is still under government acquisition. This has greatly slowed down investment and the natural development of this area.

If you are a big investor, the best way to acquire a big parcel of land is through Government Allocation. You decide how many hectares of land you want and where you want it and then you apply to the government to allocate it to you. The only problem with this method of land acquisition is that it is expensive. If you are a small investor looking to buy one or a few plots, the best way is to look for lands that already have a title such as government allocation, certificate of occupancy, governor’s consent or excision. Lands which already have a title are usually more expensive but they are safer to invest in.

Also Read: Ten Ways To Tap Into The Real Estate Industry And Make Profit

If you are not skilled in land acquisition matters in Lagos state, arm yourself with a registered surveyor and a real estate lawyer. This is very important.

Invest wisely.

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