Lagos, Nigeria’s commercial capital, is a prime destination for land investment. With a fast-growing population, expanding infrastructure, and a thriving economy, owning land in Lagos is more than just a real estate deal—it’s a powerful financial move. But how do you ensure your investment is sound, profitable, and future-proof?
Whether you’re a first-time buyer or a seasoned investor, this guide shares smart land investment tips in Lagos to help you make informed decisions and avoid costly mistakes.
Why Invest in Land in Lagos?
Land in Lagos holds immense value due to several factors:
- Consistent Appreciation: Lagos land prices have shown steady growth year over year.
- High Demand: With ongoing urban expansion and rural-to-urban migration, demand for land is soaring.
- Flexible Use: Land can be developed for residential, commercial, or industrial purposes—or held for capital gains.
Looking for available plots? Check out our some hot listings in Ibeju Lekki district.
1. Choose the Right Location
Location determines everything—your land’s resale value, appreciation potential, and safety. Some of the top-performing areas for land investment in Lagos include:
High-Growth Areas
- Ibeju-Lekki: Often called the “New Lagos,” it’s home to the Lekki Free Trade Zone, Dangote Refinery, and Lekki Deep Seaport.
- Epe: Affordable, rapidly developing, and great for long-term investment.
- Badagry: Offers tourism potential and infrastructure expansion.
Developed & Prime Locations
- Lekki Phase 1: Ideal for high-end residential or commercial development.
- Ajah & Sangotedo: Mid-level investment zones with growing infrastructure.
- Ikeja: Lagos’ mainland capital, close to the airport and top commercial hubs.
✅ Tip: Always scout locations that align with your investment goals—quick returns, rental income, or long-term appreciation.
2. Conduct Proper Land Title Verification
Before paying for any land in Lagos, verify the land title. Common titles include:
- C of O (Certificate of Occupancy): The most secure and recognized title.
- Governor’s Consent: A title confirming legal transfer from a previous holder.
- Excision: Land returned to indigenous families after acquisition by government.
Avoid land under acquisition, litigation, or without verified documentation.
Use professionals like property lawyers or trusted real estate agents to conduct title searches at the Lagos Land Registry.
3. Understand Land Pricing Trends
The cost of land varies depending on:
- Proximity to highways or major roads
- Access to power, drainage, and water
- Development status of the neighborhood
- Land size and shape
Here’s a rough overview of average land prices per plot (600 sqm) in 2025:
| Location | Price Range (₦) |
|---|---|
| Lekki Phase 1 | ₦80M – ₦200M |
| Ibeju-Lekki | ₦2M – ₦15M |
| Epe | ₦500K – ₦5M |
| Ajah | ₦10M – ₦40M |
| Ikorodu | ₦1.5M – ₦7M |
Prices are rising steadily, especially in developing areas like Ibeju-Lekki and Epe. Early investors often benefit the most.
4. Work with Reputable Agents and Developers
Scams are unfortunately common in Nigeria’s land market. Always:
- Work with registered real estate companies
- Request physical inspections
- Verify developers with CAC registration and online reputation
- Avoid agents who rush or pressure you into payments
Never pay before confirming documentation and physical inspection.
5. Factor in Hidden Costs
The price tag isn’t all you’ll pay. Watch out for:
- Survey fees
- Legal documentation
- Development levies
- Agency commissions
Budget an extra 10–15% of the total land price to cover these expenses.
6. Think Long-Term: Develop or Hold?
Depending on your goals, you can:
- Hold for appreciation: Buy now, sell when the price goes up.
- Build and rent: Develop into apartments or shops for passive income.
- Flip with improvements: Add fencing or approval docs to increase value.
Land banking in Lagos is increasingly popular—buying multiple plots to hold and resell.
7. Look Out for Infrastructure Projects
Invest where the government is focusing its attention. Examples:
- Lekki-Epe Expressway expansion
- Fourth Mainland Bridge project
- Lagos Rail Mass Transit (Red & Blue lines)
These projects will boost surrounding land values.
Keep an eye on government urban planning documents and public-private partnerships.
8. Secure the Land Immediately
Once you buy land:
- Fence it or install corner pieces
- Place a signboard or beacon
- Notify the community and local authorities
This discourages encroachment and land grabbing—common issues in areas without clear demarcation.
9. Invest Through Real Estate Platforms
If direct purchase feels overwhelming, consider trusted platforms or cooperatives that:
- Vet properties
- Handle paperwork
- Offer installment payment plans
Look for platforms with verified customer reviews, transparency, and legal guarantees.
Investing in land in Lagos can be one of the most rewarding financial decisions you make. With high demand, growing infrastructure, and rapid urban expansion, the city offers a dynamic environment for land ownership.
By following these land investment tips—selecting the right location, verifying documentation, avoiding scams, and linking to reliable resources—you’ll position yourself for long-term success.
Ready to invest? Start your search on our trusted Land Listings in Lagos page and secure your future today.