Land for sale in Lagos in many parts of Lagos state is a scarce and highly priced real estate commodity. Land for sale in Lagos Island is at a high price than getting land for sale in Lagos Mainland. The price range of Land for sale in Lagos ranges from about N1,700,000 to N80,000,000 depending on the location of the land in Lagos.
Aside from in the outskirts like Ayobo (Ipaja), Ikorodu, Epe, Ajah and Badagry where plots of land can be bought at affordable prices, getting land for sale in developed regions in Lagos like Ikeja, Lagos Island, Surulere; places with great street systems, government nearness, and great security, is almost unachievable.
What happens here is that real estate specialists purchase and demolish existing structures to develop properties of their own. Due to this, land for sale in these areas in Lagos are extremely costly compared to other areas. There is more expensive land for sale in selective and prominent places like Banana Island.
Land sizes in Nigeria vary from a full plot (648 SQM), three-quarter plot (450 SQM), half plot (324 SQM) or an acre (6 plots). In Lagos, Land is not readily available because Lagos is a crowded area and with a high demand for residential buildings. The availability of land for sale in well-developed areas of Lagos like Ikeja, Surulere, Yaba and Ojuelegba may not be possible but in most cases, we have developers who buy old buildings, demolish them and build another to suit their taste and style. An available virgin land is only obtainable in areas like Ikorodu, Epe, Ayobo, Badagry, and Ipaja which is on the outskirt of Lagos.