Recently, Ibeju Lekki has become one of the fastest-growing cities in Lagos, Nigeria. From beautiful beaches, luxury real estates, the Free Trade Zone, Dangote’s refinery, and other opportunities, Ibeju Lekki is one the best places to invest in land properties. According to several surveys, Ibeju Lekki is expected to become a major commercial hub in the future and this means that it will be profitable to businesses and residents who reside in the area. Aside from the city becoming an industrious town later on, here are a few more reasons why you should invest in land properties in Ibeju Lekki. 

1. Infrastructure Development

The Lagos state government and private sector are investing heavily in the infrastructural development in Ibeju Lekki. Some of these infrastructural developments include  Lekki Free Trade Zone, the Dangote Refinery, good roads, bridges, and the Lekki Deep Sea Port. These developments will drive economic growth, attract investors and residents, and increase the value of lands in the area. Thus, if you invest in land properties now, flipping it after a few years will yield a lot of money. 

2. Tourism Potential

Lekki boasts of  the Lekki Conservation Centre, the Eleko Beach, beautiful beaches, recreational parks, and tourist attractions, making it a desirable location for leisure and tourism. Access to luxury resorts such as La Campagne Tropicana Beach Resort, Eleko beach, and other beautiful beaches, which will attract tourists and boost the local economy. Investing in land properties near these attractions can capitalize on the growing tourism industry. Also, you can also build vacation houses on the land purchased or sell the lands to investors who are interested in developing vacation properties. 

3. Affordable Lands

If you are interested in investing in real estate in Lagos state, then Ibeju Lekki is one of the places you would find affordable lands. You can purchase lands at an affordable price and in the future the value would have increased significantly. Hence, selling it will generate a high profit. 

4. Future Growth

Ibeju-Lekki is expected to experience significant population growth in the coming years, which could drive demand for land and increase its value. Recent trends indicate that Ibeju-Lekki will generate more than 70% of Lagos’s wealth by 2025. Despite fluctuations in the global economy and the precarious state of Nigeria’s economy, the real estate market in Lekki has enough evidence that it will remain stable over the years. Also, investing in land properties can provide a hedge against inflation and economic uncertainties. 

5. Diverse Investment Options

Whether you’re interested in residential, commercial, or mixed-use developments, investing in land properties in Ibeju Lekki offers diverse investment options to suit different preferences and investment strategies.

6. Long-term Appreciation

Land is a finite resource, and as urbanisation continues and demand for land in Lekki grows, property values are likely to increase significantly over the long term, providing investors with a reliable avenue for wealth accumulation. 

7. Favorable Government Policies

The Nigerian government has implemented various policies to encourage investment in real estate, including tax incentives and land reforms. These policies create a conducive environment for investors in Lekki.

8. Secured Investment

Landed properties are usually fixed assets, you have the security as an investor that your money will not disappear, unlike some other investment options that are quite risky. Investing in land properties in areas like Ibeju Lekki is quite secure because of the government policies that create a conducive and safe environment for investors in Lekki. With the recent hiccups suffered by the Nigerian economy, putting your hard-earned money in a secure venture like buying a Land at Lekki is usually a good one. Especially in a secured gated estate.

9. Upscale Neighborhoods

Lekki is known for its upscale neighborhoods, luxurious amenities, and gated communities. Investing in land properties in such areas can yield high returns due to the premium associated with prestigious locations.