3 Best Places to Invest in Lagos in 2025.
Joan Obi-Okuhon
Business Analytics | Real Estate Advisor | I provide Data Driven Insights that Help Individuals Identify and Leverage Opportunities in the Nigerian Real Estate Market giving YOU a Strategic Advantage.
Lagos is among the top 5 fastest growing cities in Africa and it is located in the southwestern part of Nigeria. It stretches along the Atlantic Ocean and is home to some of the biggest industries, businesses, and financial institutions in Nigeria.?
Despite being one of the smallest states by land size, just about 3,577 square kilometers, Lagos is by far the most populated, with over 21 million people living and working in the city.??
Major infrastructure projects and multi-billion-dollar investments have transformed different places in Lagos into Nigeria's economic powerhouses. Investors who invested early are enjoying the biggest returns in their investment and will continue to benefit.??
Here are the 3 Best places you can live or invest in Lagos right now:
Ibeju-Lekki is located along the Lekki-Epe Expressway, stretching from the Lekki Peninsula all the way toward Epe.?
It is home to some of Lagos’s biggest developments projects which are driving its growth, such as:?
The Lekki-Epe International Airport which has already been approved and is set to boost business and tourism in the region.?
Once completed, it will provide easy access for international travelers, businesses, and investors. This means hotels, residential estates, shopping centers, and office spaces will be in high demand.??
Another key driver of growth is the Dangote Refinery, which began full operations in 2024. This refinery is the largest in Africa, processing 650,000 barrels of crude oil per day and reducing Nigeria’s dependence on fuel imports.?
The economic activity around it is creating thousands of jobs and attracting businesses, increasing the need for housing and commercial properties in Ibeju-Lekki.??
Adding to this, the Lagos Coastal Road is under construction. This major highway will run along the Atlantic Ocean, connecting Victoria Island to Ibeju-Lekki and beyond.?
It will significantly cut down travel time, opening up new investment opportunities along the corridor.?
With all these projects happening at the same time, Ibeju-Lekki is no longer a future investment, it is an active goldmine for real estate investors today.??
2. Epe?
Epe sits just after Ibeju-Lekki and has become one of the fastest-growing parts of Lagos.?
Its location makes it a perfect alternative for investors who find Ibeju-Lekki’s property prices too high but still want to benefit from the ongoing development in the area.??
The biggest factor driving growth in Epe is connectivity.?
The Lekki-Epe Expressway is being expanded, making movement between Epe, Ibeju-Lekki, and central Lagos much faster.?
The new coastal highway and the planned Fourth Mainland Bridge will also improve accessibility, making Epe a strategic location for future growth.??
With thousands of workers and businesses moving into Ibeju-Lekki, Epe is becoming the go-to place for residential estates.?
Developers are buying land in bulk, and property prices are rising steadily. The Lagos State Government has also been investing in education, infrastructure, and business-friendly policies, making Epe an attractive destination for both businesses and homeowners.?
Anyone looking for affordable land in Lagos with high future returns should be paying close attention to Epe right now.??
3. Ikorodu:???
Ikorodu is located in the northeastern part of Lagos, bordered by the Lagos Lagoon and connected to the rest of the city by major roads and waterways. For a long time, people saw it as a distant, low-cost residential area, but that perception is changing fast.??
The biggest reason for this transformation is the Fourth Mainland Bridge.?
This massive infrastructure project will connect Ikorodu directly to Lekki, Ajah, and Lagos Island, creating a faster alternative to the crowded Third Mainland Bridge.?
Travel times will be cut dramatically, making Ikorodu an attractive location for businesses and homebuyers who need affordable properties with easy access to Lagos’s major business districts.??
Beyond the bridge, Ikorodu’s road network is improving, and the Lagos State Government is pushing for more investments in industries and commercial developments.?
This means more jobs, more businesses, and more demand for housing. Land in Ikorodu is still one of the most affordable in Lagos, but with all these developments in motion, prices won’t stay low for long. Investors who move now will be ahead of the market when property values start to surge.??
Looking for properties around these regions?
Conclusion?
Lagos is expanding, and the future of real estate is shifting towards Ibeju-Lekki, Epe, and Ikorodu. These areas are no longer just "upcoming"; they are already undergoing major transformations that will define the next phase of Lagos’s growth. With the Dangote Refinery booming, the Lekki International Airport underway, the Lagos Coastal Road opening new routes, and the Fourth Mainland Bridge connecting key areas, these locations are set to become the most valuable real estate hotspots in Lagos.??
The best time to invest is always before a location fully matures. Those who buy land or properties now will be the ones enjoying massive returns in the next few years.?
Best Regards,
Joan Obi-Okuhon,
Real Estate Advisor.