Are you considering moving to Lagos or relocating within the city? If so, Ibeju-Lekki may have caught your attention. Known as the “New Lagos,” this area has become a prime destination for those looking to escape the hustle and bustle of the city, while still enjoying proximity to vital infrastructure, world-class amenities, and beautiful natural landscapes. In this guide, we’ll provide an in-depth review of Ibeju-Lekki, helping you decide if this location is the right choice for you.
Where Is Ibeju-Lekki?
Ibeju-Lekki is located on the eastern side of Lagos State. Bordered by Ogun State to the north, Eti-Osa Local Government Area to the west, Epe Local Government to the east, and the Atlantic Ocean to the south, the area offers easy access to both urban and coastal environments. Ibeju-Lekki stretches along the Lagos-Epe Expressway and features several prominent communities such as:
- Abijo
- Awoyaya
- Lakowe
- Bogije
- Eleko
- Magbon-Alade
- Akodo
- Oke-Odo Elemoro
These communities are popular among residents for their serene environments, affordable housing options, and proximity to the city’s key attractions.
Why is Ibeju-Lekki Called the “New Lagos”?
Ibeju-Lekki has been dubbed the “New Lagos” due to the surge in developmental projects that have transformed it into one of Lagos’ most promising areas. Some of the landmark projects in the area include:
- Lekki Free Trade Zone: A hub for international trade and commerce, attracting both local and foreign investors.
- Dangote Refinery: A game-changer for Nigeria’s oil sector, the refinery is set to be the largest in Africa, creating job opportunities and boosting the local economy.
- Lekki Deep Sea Port: Expected to be a major maritime gateway, facilitating imports and exports.
- Proposed International Airport: Enhancing the area’s connectivity to other parts of Nigeria and the world.
These developments have led to a rapid increase in property prices and rental demand, making Ibeju-Lekki a hotspot for real estate investment.
Property Market in Ibeju-Lekki
One of the main draws of Ibeju-Lekki is its diverse range of real estate options, from luxury estates to affordable flats. The area boasts a variety of residential estates that cater to different income levels. Some of the most sought-after estates include:
- Lekki Phase 1 & Phase 2 Estates
- Amen Estate
- Golden Park Estate
- Beachwood Estate
- Emperor Estate
- Mayfair Gardens
- Crown Estate
Rental prices in Ibeju-Lekki vary depending on the location, type, and size of the property. On average, you can expect to pay between N700,000 to N4 million for a 1-3 bedroom apartment. However, more affordable options are available in surrounding areas like Ajah, Abijo, and Bogije, where you can find budget-friendly flats and apartments.
Natural Beauty and Tourist Attractions
Ibeju-Lekki is blessed with natural beauty and a variety of tourist attractions that make it an ideal place to live for those who appreciate nature. Some of the notable spots include:
- Eleko Beach: A serene, less-crowded beach perfect for relaxation.
- Eko Tourist Centre: A destination for nature lovers and tourists alike.
- Lakowe Lakes Golf Resort: A luxury golf resort that offers outdoor leisure activities in a beautiful setting.
- Hermitage Resort Centre: Ideal for weekend getaways and corporate retreats.
These attractions make Ibeju-Lekki an excellent choice for expatriates and affluent Nigerians seeking an escape from the fast-paced Lagos lifestyle.
Educational Institutions in Ibeju-Lekki
For families considering moving to Ibeju-Lekki, the area offers a good selection of prestigious schools, both for primary and secondary education. Some of the notable schools include:
- Lekki British School
- Greensprings Schools
- Readington School
- Meadow Hall School
- Pan-Atlantic University
These schools provide high-quality education that meets international standards, making the area popular among expatriates and Nigerian elites.
Infrastructure and Transportation
One of the primary advantages of living in Ibeju-Lekki is its access to good road networks, primarily via the Lagos-Epe Expressway, which connects the area to other parts of Lagos. While the roads in Ibeju-Lekki are generally in good condition, the region is still developing, and some areas may experience traffic congestion during peak hours.
The proposed Lekki International Airport and Lekki Deep Sea Port will further improve transportation, making commuting and business easier for residents and investors. Public transportation options are available, though private car ownership is often preferred due to the convenience it offers in getting around the area.
Safety and Security
By Nigerian standards, Ibeju-Lekki is considered a relatively safe area. While no area is completely free from security concerns, the influx of investments and the development of gated communities have contributed to a lower crime rate compared to other parts of Lagos. Many residential estates in the area are gated and have 24/7 security, which adds an extra layer of safety for residents.
Employment Opportunities
With ongoing mega projects like the Dangote Refinery, Lekki Free Trade Zone, and Lekki Deep Sea Port, Ibeju-Lekki is emerging as a new employment hub. These projects are expected to create thousands of jobs in various sectors, including oil and gas, shipping, logistics, and real estate. As such, moving to Ibeju-Lekki could provide career opportunities, especially for those in industries related to these developments.
The Future of Ibeju-Lekki: A Real Estate Hotspot
Thanks to its ongoing infrastructural development, Ibeju-Lekki is regarded as one of the fastest-growing areas in Lagos. Investors who buy land or properties in this region stand to benefit from significant appreciation in value over the coming years. Whether you are looking to purchase property for residential purposes or as an investment, Ibeju-Lekki presents an excellent opportunity.
Downsides of Living in Ibeju-Lekki
While Ibeju-Lekki offers many benefits, it is important to consider some of the downsides before making a move:
- Developing Infrastructure: Although major developments are underway, some areas in Ibeju-Lekki still lack proper infrastructure, such as paved roads, reliable power supply, and adequate drainage systems. This can lead to challenges, especially during the rainy season when flooding becomes a common issue in some parts.
- Distance from Central Lagos: Ibeju-Lekki is located on the outskirts of Lagos, which means longer commuting times for those working in the city center. Traffic congestion on the Lagos-Epe Expressway can be significant, particularly during rush hours, making daily commutes stressful for residents.
- Limited Public Transport Options: While there are public transport services, such as buses and taxis, the options are limited and not as efficient as in more developed parts of Lagos. Many residents prefer private car ownership to avoid reliance on public transport.
- High Property Prices: As the area continues to develop, property prices are steadily rising. While there are affordable housing options, the high-end estates in Ibeju-Lekki can be expensive, making it difficult for middle-income earners to afford homes in certain areas.
- Environmental Concerns: With its proximity to the coast, certain parts of Ibeju-Lekki are vulnerable to erosion and flooding. These environmental challenges may pose risks to properties located near the waterfront, especially during heavy rainfall or storms.
Conclusion: Is Ibeju-Lekki Right for You?
Ibeju-Lekki offers a unique blend of urban and coastal living, with access to world-class amenities, natural beauty, and an ever-growing job market. Whether you’re a young professional, a family, or an investor, this area of Lagos presents a wealth of opportunities. However, the rapid rise in property prices means that it’s best to make your move sooner rather than later if you want to secure a home or investment at an affordable price.
For anyone looking for a balance between modern city life and tranquil suburban living, Ibeju-Lekki should be at the top of your list. It’s more than just a place to live—it’s the future of Lagos.
