Are you a Nigerian at home or in the diaspora? looking to invest in Nigeria’s booming real estate market? It’s about time! because according to Businessday.ng in 2023 the Nigeria real estate sector has expanded by more than 5% so far, so there’s no better time to invest in this market than now.

And to help you make smarter decisions, we’ve done the research and put together a list of the top 10 locations to buy landed properties in Nigeria.

Land investment in Nigeria can be a very lucrative venture, but it also requires careful research and planning. There are some factors we have put into consideration while making this list, such as location, price, security, infrastructure, legal issues, and potential returns on investments.

OVERVIEW

  1. Lekki, Lagos – (₦50M- ₦200M /plot)
  2. Ibeju-Lekki, Lagos: The Future of Lagos (₦5- ₦50M / plot)
  3. Abuja: Your Ticket to the Elite Lifestyle (₦100+ / plot)
  4. Owerri, Imo: Unlock the thriving Property Market! (₦15M / plot)
  5. Enugu: Experience Profit in Enugu’s Hotspots! (₦20M / plot)
  6. Ibadan, Oyo: Invest Smart in Nigeria’s Historic City of Opportunities! (₦5M / plot)
  7. Port Harcourt, Rivers: Ride the Wave of Oil Wealth with Prime Properties! (₦40M/ plot)
  8. Uyo, Akwa Ibom: Dive into Serenity and Pristine Investment Opportunities! (₦10M / plot)
  9. Calabar, Cross River: Paradise Found! Invest in Calabar’s Alluring Real Estate Scene! (₦8M / plot)
  10. Asaba, Delta: Unleash Your Investment Potential in Delta’s Rising Star! (₦12M / plot)

  1. Lekki, Lagos: Lekki is one of the most sought-after locations in Lagos, as it offers a mix of residential, commercial, and recreational facilities. It is also close to the Lekki Free Trade Zone, which is expected to boost the economic development of the area. Lekki has a high demand for land, which also means a high appreciation rate. The average price of land in Lekki is about N50 million per plot.
  2. Ibeju-Lekki, Lagos: Ibeju-Lekki is another prime location in Lagos, as it hosts several mega projects, such as the Dangote Refinery, the Lekki Deep Sea Port, the Lekki International Airport, and the Lagos Smart City. These projects are expected to create thousands of jobs and attract more investors and residents to the area. Ibeju-Lekki has a lower price of land than Lekki, but a higher potential for growth. The average price of land in Ibeju-Lekki is about N10 million per plot.
  3. Abuja: Abuja is the capital city of Nigeria and the seat of the federal government. It is also one of the fastest-growing cities in Africa, with a population of over 6 million people. Abuja has a high demand for land, especially in areas such as Maitama, Asokoro, Wuse, Gwarinpa, and Lugbe. Abuja also has a high-security level and a good infrastructure network. The average price of land in Abuja is about N100 million per plot.
  4. Owerri, Imo: Owerri is the capital city of Imo state and one of the most developed cities in the southeast region. It is also a major educational hub, with several universities and colleges located in the city. Owerri has a high demand for land, especially for residential and commercial purposes. Owerri also has a good road network and a stable power supply. The average price of land in Owerri is about N15 million per plot.
  5. Enugu: Enugu is the capital city of Enugu state and one of the most peaceful and livable cities in Nigeria. It is also a major industrial and commercial center, with several industries and businesses operating in the city. Enugu has a high demand for land, especially in areas such as Independence Layout, GRA, New Haven, and Trans-Ekulu. Enugu also has a good road network and a reliable power supply. The average price of land in Enugu is about N20 million per plot.
  6. Ibadan, Oyo: Ibadan is the capital city of Oyo state and one of the largest cities in Africa by land area. It is also a major historical and cultural center, with several landmarks and attractions in the city. Ibadan has a high demand for land, especially in areas such as Bodija, Akobo, Oluyole, and Iyaganku. Ibadan also has a good road network and a moderate power supply. The average price of land in Ibadan is about N5 million per plot.
  7. Port Harcourt, Rivers: Port Harcourt is the capital city of Rivers state and one of the oil-rich cities in Nigeria. It is also a major industrial and commercial hub, with several multinational companies and businesses operating in the city. Port Harcourt has a high demand for land, especially in areas such as GRA Phase 2, Old GRA, Trans-Amadi, and Elelenwo. Port Harcourt also has a good road network and a moderate power supply. The average price of land in Port Harcourt is about N40 million per plot.
  8. Uyo, Akwa Ibom: Uyo is the capital city of Akwa Ibom state and one of the most beautiful and cleanest cities in Nigeria. It is also a major tourist destination, with several attractions such as the Ibom Tropicana Resort, the Ibom Golf Resort, and the Godswill Akpabio Stadium. Uyo has a high demand for land, especially for residential and recreational purposes. Uyo also has a good road network and a stable power supply. The average price of land in Uyo is about N10 million per plot.
  9. Calabar, Cross River: Calabar is the capital city of Cross River state and one of the most serene and scenic cities in Nigeria. It is also a major tourist destination, with several attractions such as the Tinapa Resort, the Obudu Mountain Resort, and the Calabar Carnival. Calabar has a high demand for land, especially for residential and recreational purposes. Calabar also has a good road network and a stable power supply. The average price of land in Calabar is about N8 million per plot.
  10. Asaba, Delta: Asaba is the capital city of Delta state and one of the fastest-growing cities in the south-south region. It is also a major commercial and administrative center, with several government offices and businesses located in the city. Asaba has a high demand for land, especially in areas such as GRA, Okpanam, and Summit Road. Asaba also has a good road network and a moderate power supply. The average price of land in Asaba is about N12 million per plot.

Conclusion
Know you know our list of the top 10 locations to buy land for sale in Nigeria, based on their current and future prospects.

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