As Lagos continues to expand, and a lot of investors are turning their attention to the outskirt areas like Ibeju-Lekki, Epe. These fast-growing zones are quickly becoming hotspots for real estate investment, but before you make a move, here’s what to know before buying property on the outskirts of Lagos.

1. Understand the Master Plan

Lagos State has ambitious infrastructural projects in place, particularly around the Lekki Free Trade Zone, the proposed Deep-Sea Port and International airport. These developments can significantly increase property values, but it’s crucial to verify if the land you intend to buy aligns with the government’s master plan.

2. Land Titles Matter

Always check the title of the land. Avoid lands under government acquisition or without proper documentation. A property with a Certificate of Occupancy (C of O) or Governor’s Consent are the safest bet.

3. Risk vs Reward in Emerging Areas

Buying in areas like Ibeju-Lekki, Epe, comes with both promises and perils. While the potential return on investment is high, so are the risks—ranging from land disputes to lack of infrastructure. It’s a classic case of risk vs reward in emerging areas.

4. Work with Reputable Developers

Partnering with a trusted real estate company like McDaniels Real Estate Limited ensures due diligence, verified properties, and peace of mind throughout the process.

Final Thought

So everyone is buying land in these areas, don’t just go with the flow. Take the time to understand the terrain, do your research, and consult experts. The outskirts of Lagos hold great promises, but only if you invest wisely.

Need our help? You can reach us on www.mcdanielsrealestate.com.

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