The proposed construction of an ultra-modern seaport, an international airport, and the Free Trade Zone in Ibeju-Lekki, as well as other key infrastructure in the Epe area of Lagos state, is set to make the Ibeju Lekki-Epe axis the next best location for real estate investors.
Recall that on Monday, Jan 23, 2023, the Nigerian President, Muhammadu Buhari commissioned the Lekki Deep Sea Port as well as a Rice Mill in Imota, and the 18.75-kilometer six-lane rigid-pavement Eleko Junction to Epe Expressway, among others. These landmark projects are helping to create a new city.
There is already an influx of real estate investments in that axis, as massive portions of land are already being acquired by smart and prominent people, who can see what’s coming. The ongoing development has now placed Epe firmly on the map as the ‘new’ Lagos, as the location is becoming a much sought-after area for real estate investment opportunities.
From some perspective, the Lekki Deep Seaport, which is currently under construction, is expected to be the deepest and most technologically advanced seaport on the African continent upon completion. The seaport will have a draft of 20 meters, which will allow it to accommodate the world’s largest container vessels.
In addition to the seaport, the Lagos Rice Mill is also nearing completion. The mill has a capacity of 100 metric tons per hour and will provide much-needed relief for Nigeria’s import-dependent economy. Also, the Imota power plant, which is also located in Ibeju-Lekki, is another landmark project that is currently underway. When completed, the plant will have a generating capacity of 1,320 megawatts of electricity.
All of the ongoing projects would provide employment opportunities for locals which will lead to economic growth and improved standards of living in the region. There is no gainsaying that a lot of people will migrate towards the Epe axis to work and reside.
There is therefore a wealth of potential for investors looking to capitalize on this opportunity – whether you’re looking to start a business or simply invest in prime real estate property – Epe is now home to some of the most lucrative investments in Nigeria today, which would attract all classes of people when the area fully opens up!
No better time than now to buy a portion of land in the area. No better time than now to own a property at prevailing price, in order to enjoy massive returns in a few years to come. Join the smart and powerful to grab a piece of earth in a superb location in a city like Lagos.
Pertinence Properties is offering premium properties in areas within and around Epe, including Ibeju-Lekki, Omu-Epe, and beyond. Any of these estate locations could work for you:
- The Pioneer, located in Eleko, Ibeju-Lekki. [Click to learn more]
- New Town, located in Omu-Epe. [Click to learn more]
- Amberville 1 & 2, also located in Epe. [Click to learn more]
Pertinence Properties offers you access to affordable world-class facilities and amenities that make life easier and more comfortable for residents.
Contact us for further inquiries and take advantage of this great opportunity.