Double Your Money In Ibeju-Lekki

Ibeju-Lekki Local Government is a coastal area carved out of the old Epe Local Government in Lagos State. It can be accessed from Lekki, Epe and Ikorodu. Property prices in Lekki are out of the

reach of the middle-income workers who work in Victoria Island, Ikoyi and Lekki. This makes Ibeju- Lekki the next property hub for the

middle-income investors who may wish to enjoy rental income and property appreciation in future. A lot of estates have sprung up and we expect many more soon. We expect massive developments in the area in the coming years.

Lekki has witnessed huge developments in the last few years and prices of properties have skyrocketed. The Lekki Free Trade Zone will make Lekki an important industrial estate in the next few years. When the Lekki Deep Sea Port and the airport are completed, Lekki would be the gateway to the world.

The Lekki axis has been witnessing influx of people which would put pressure of property prices going forward. The proximity of Ibeju-Lekki to Lekki has made it the next property destination for the middle class. Though few developments are taking place in Ibeju-Lekki, we expect demand to increase. Over the long term we expect Ibeju-Lekki to deliver handsome returns. Major real estate acitivity in the area still revolves around land buying and selling and construction of mostly residential property. Demand for land is on the increase as many investors discover the opportunities in the area. Land is affordable in Ibeju- Lekki; it ranges from NGN1.3 million to NGN5 million.

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