Exploring Real Estate Opportunities in Lagos State

9/20/20252 min read

a pink and white house with a red roof
a pink and white house with a red roof

Introduction to Lagos Real Estate

Lagos State, known for its bustling economy and vibrant culture, offers a wide array of real estate opportunities that cater to diverse needs and budgets. Whether you are a seasoned investor or a first-time buyer, understanding the available options is crucial for making informed decisions.

Prime Properties for Sale

Among the most noteworthy listings is a demolishable structure located on Okesun Street, Lagos Island. This property, situated on approximately 550 square meters, is priced at N300 million, making it an attractive option for investors looking to redevelop in a prime area.

Another significant opportunity lies along Ilasan New Road in Lekki, where a sizable plot of land measuring 910 square meters is available. With a registered deed of assignment, this property comes at a price of N600 million. The Lekki area is rapidly developing, offering potential for value appreciation.

Residential Options in Ikoyi and Lekki

For those seeking luxurious living spaces, consider the four-bedroom semi-detached duplex at Itafaji Road, Dolphin Estate, Ikoyi. Priced at N440 million, this property includes a two-room boys' quarters (BQ), making it ideal for families or those who entertain guests frequently.

Another residential option is a demolishable bungalow on Berkley Street, Onikan, covering 631 square meters with a registered conveyance title. Priced at N250 million, this property is strategically located and offers great potential for redevelopment, appealing to both residential and commercial buyers.

Additionally, a four-bedroom house with a boys' quarters at Idado, Ikate Lekki, is available for N300 million. This home combines comfort with accessibility, making it a desirable option for families.

A Significant Investment Opportunity

For serious investors, a remarkable opportunity presents itself in the form of a 17,000 square meters warehouse with an attached two-story building. This expansive property, situated on a seven-acre land plot behind Zenith Bank in Ilasamaja, is priced at N14 billion. With its own private transformer, it provides significant infrastructure advantages for businesses.

Conclusion

In conclusion, Lagos State is brimming with real estate opportunities, ranging from residential homes to large commercial properties. Each listed property presents unique advantages and potential for growth, making it essential for potential investors and buyers to conduct thorough research. By exploring these opportunities, you can capitalize on the flourishing real estate market in one of Africa's most dynamic cities.