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Real Estate in Lagos is on an upward projection promising a high return on investment. Moreover, Lagos is a popular location for real estate businesses as the rate of property appreciation in Lagos increases regularly with a high margin.
Lagos is divided into two major areas; The Lagos Mainland and the Lagos Island. The Lagos Mainland is the hub of the middle-class and upper-class Lagosians as they make the bulk of the Lagos population. Though highly populated, the Lagos Mainland is a lively area of Lagos and it is where the capital of Lagos is located which is Ikeja. Popular places on the Lagos Mainland include; Yaba, Festac, Mile 12, Surulere, Ikeja, Ebute-Metta, Oyingbo, Isolo, Iyana-Ipaja, Oshodi and Agege among others. The population rise on the Mainland is being contained as there are new residential houses for sale on the Lagos Mainland.
House for sale on the Lagos Mainland which includes properties such as Bungalow, duplex, Mini flat, Self Contain, Studio Apartment, detached house and Semi Detached house in popular areas such as Ikeja, Maryland, Oshodi, Surulere, Yaba and Ikorodu are available within the price range of N500,000 to N22,000,000 with respect to the property size and the exact location. Developing Areas of the Lagos Mainland such as Ikorodu, Badagry and Ipaja have cheaper properties for sale in Lagos compared to other places with the state.
Commercial properties for sale on the Lagos Mainland such as warehouses, showrooms, shops, office spaces, halls, hotels, office station in Ikeja, Yaba, Ojuelegba, Oyingbo, Iyana Ipaja and Ebute-Metta among others can give your business a new turn. Lagos mainland being densely populated, there are available properties for sale on the Lagos Mainland at affordable prices such as land for sale in Ikorodu and other locations such as Ipaja, Badagry at prices as starting from N300,000 while land for sale in areas of the Lagos Mainland such as Ikeja and Yaba could be in the range of N5,000,000 to N20,000,000.
Lagos Island is the most expensive part of Lagos as it presents luxury at its peak. it is the hub of the upper-class societal strata as many celebrities and well-to-do people have homes on the Lagos Island. Popular areas on the Lagos Island include; Victoria Island, Ikoyi, Lekki, Ajah and Epe. Ajah and Epe are developing areas on the Lagos Island that has not experienced luxuriousness at a great height as there are still available lands for sale in Ajah and Epe. Lands for sale on the Lagos Island is within the price range of N1,000,000 to N10,000,000. Residential homes on the Lagos Island are well built and comes in the most modern architectural designs.
Houses for sale on the Lagos Island is high as many people want to live in this luxurious neighbourhood. Apartments for sale on the Lagos Island are generally pricey but you can be sure of enjoying the ambience of a serene environment with good security outfit as well as adequate amenities and facilities being provided spelling out comfort and style.
There are a number of multinational companies and industries located on the Lagos Island helping to reduce the menace of unemployment as Lagos population increases daily. Being a Central Business District especially with the two popular markets in Lagos located here, which is the Idumota and Balogun market, there has been a high demand for commercial properties on the Lagos Island. Commercial properties for sale on the Lagos Island such as shops, halls, hotels, showrooms, office spaces and warehouse are available in Lekki, Victoria Island, Ikoyi, Marina and Obalende within the price range of N5,000,000 to N300,000,000,000.