Nigeria’s commercial capital, Lagos, is known for its vibrant culture, bustling economy, and diverse neighborhoods. With the increasing demand for affordable housing options and the rapid development of the city’s infrastructure, Lagos is becoming an attractive destination for real estate investments. In this article, we will highlight the top 5 up-and-coming neighborhoods to buy a home in Lagos.
1. LEKKI
With its prime location, modern amenities, and strong real estate market, Lekki has become one of the most desirable places to live in Nigeria. One of the biggest advantages of buying a home in Lekki is its location. It is located on the east side of Lagos, and it is known for its beautiful beaches, upscale shopping malls, and luxury housing developments. It is also close to some of Lagos’ most important business districts, including Victoria Island and Ikoyi.
Another advantage of buying a home in Lekki is the availability of modern amenities. The area is home to some of the best schools in Lagos, including international schools such as British International School and Lekki British School. Lekki also has several hospitals, banks, and shopping centers, making it a convenient place to live. In addition to its location and amenities, Lekki has a strong real estate market. The area has experienced significant growth in recent years, with several new housing developments and commercial properties being built. This has resulted in a strong demand for properties in Lekki, and property values have been steadily increasing.
2. ISHERI
Isheri is a thriving community located in the Lagos-Ibadan expressway axis of Lagos state. With its strategic location, lush greenery, and developing infrastructure, Isheri has become a popular neighborhood for home buyers in Nigeria. One of the biggest advantages of buying a home in Isheri is its location as it provides easy access to Lagos city center, as well as other major cities in Nigeria. It is also close to major business districts, including Alausa and Ikeja, making it a convenient location for professionals and business owners. Another advantage of buying a home in Isheri is the availability of lush greenery. The community is surrounded by a vast expanse of greenery, providing a serene and peaceful environment for residents. It is also home to several parks and gardens, where residents can enjoy outdoor activities and connect with nature.
In addition to its location and greenery, Isheri has a developing infrastructure. The community is currently undergoing significant development, with several new housing estates and commercial properties being built. This has resulted in a strong demand for properties in Isheri, and property values have been steadily increasing.
3. ONIRU
Oniru is a fast-developing neighborhood in Victoria Island which has become a prime destination for those looking to buy a home and invest in the Lagos real estate market. One of the biggest advantages of buying a home in Oniru is its luxurious lifestyle. The neighborhood is home to some of the most expensive and exclusive properties in Lagos, with amenities such as private beaches, golf courses, and high-end shopping centers. It is also conveniently located near Victoria Island, a major commercial and business hub in Lagos, making it an ideal place to live for professionals and entrepreneurs.Another advantage of buying a home in Oniru is its proximity to amenities. The neighborhood is located near some of Lagos’ most popular attractions, including the Eko Atlantic City, Landmark Beach, and the Palms Shopping Mall. This makes it a great place to live for those who enjoy entertainment, shopping, and outdoor activities.
In addition to its luxurious lifestyle and proximity to amenities, Oniru has upcoming infrastructure. The area is set to benefit from several major infrastructure projects, including the expansion of the Lagos Light Rail. These developments are expected to drive further growth in the area and make it an even more desirable place to live.
4. IBEJU LEKKI
Ibeju Lekki is a great place to buy a home in Nigeria which is located in a rapidly developing area in the Lekki Peninsula of Lagos state. One of the biggest advantages of buying a home in Ibeju Lekki is its natural surroundings. The area is surrounded by beautiful beaches, lagoons, and nature reserves, providing a peaceful and serene environment for residents. Additionally, Ibeju Lekki is known for its beautiful golf courses and resorts, making it an ideal place to live for those who enjoy outdoor activities. Apart from its lush natural surroundings and thriving real estate market, Ibeju Lekki has an added advantage of upcoming infrastructure. The locality is poised to benefit from multiple major infrastructure projects, such as the construction of a new international airport approved by the federal government, a deep seaport, and numerous highways. These infrastructure developments are anticipated to fuel the region’s growth and make it an even more coveted location to reside in. Some of the notable landmarks in this area include the Lekki Free Trade Zone, the Lekki Conservation Center, and the Lagos Business School.
5. EPE
If you’re in the market for a home in Nigeria, Epe is a rapidly developing and peaceful town located on the outskirts of Lagos state that you should consider. Epe has gained popularity among homebuyers in Nigeria due to its tranquil environment, proximity to nature, and developing infrastructure. One of the most significant benefits of purchasing a home in Epe is the serene and peaceful environment. The town is situated on the outskirts of Lagos state and is surrounded by lush greenery and natural landscapes, making it an ideal location for those who enjoy being close to nature. Another advantage of buying a home in Epe is the availability of affordable properties. Since Epe is still developing, the property prices are generally more reasonable than other areas in Lagos. This makes it a great place to buy a home for those who are budget-conscious.
Furthermore, Epe’s developing infrastructure is another advantage of purchasing a home in the area. The town is undergoing significant development with numerous new residential and commercial developments under construction. As a result, there is a robust demand for properties in Epe, leading to a steady appreciation of property values over time.
In conclusion, Investing in real estate in Lagos is a smart move due to the city’s fast-growing economy and increasing demand for affordable housing options. With the neighborhoods we’ve highlighted, potential homeowners can find a variety of options that suit their
preferences and budgets. Whether you’re looking for a serene and quiet environment or a bustling commercial hub, Lagos has a neighborhood that caters to your needs. So, if you’re considering buying a home in Lagos, the top 5 up-and-coming neighborhoods we’ve discussed in this article are excellent options to explore.
