The 3 Best Locations to Buy Land NEAR Asaba

Asaba is all but filled up. At this point in its rapid development, getting a parcel of land in Asaba comes at a premium. This capital with about 73,374 inhabitants has grown into an attractive real estate spot, due to its closeness to Onitsha and the ever-expanding business opportunities it offers. People are looking for best locations to buy land near Asaba, the capital city.

However, the rising demand for land within Asaba means potential buyers are now looking towards nearby towns with great potential for investment and residential living. 

If you’re eyeing land investments near Asaba, you’re in luck. Three nearby towns stand out for their potential: Akwukwu Igbo, Ogwashi-Uku, and Ibusa.

In this article, we’ll explain what makes these locations great for real estate investment.

The 3 Best Locations to Buy Land Near Asaba 

1. Akwukwu Igbo

Akwukwu Igbo is a town located just about 20 minutes from Asaba. As of this time, Akwukwu Igbo is quickly gaining recognition as a peaceful residential alternative to the capital city. 

While a lot of people know this town for its serene and lush green environment, Akwukwu Igbo is a good blend of the kind of environment people are looking for; closeness to Asaba and rural tranquility. Two major factors many people look out for. 

Why should you consider investing in Akwukwu Igbo?

• Affordable Land Prices

While land in Asaba could cost upwards of ₦6 million per plot in prime areas like Okpanam Road or Summit Junction, Akwukwu Igbo offers much cheaper options. A standard plot in Akwukwu Igbo ranges from ₦900,000 to ₦1.5 million, depending on the exact location and how close it is to major roads.

• Proximity to Asaba

Akwukwu Igbo is located along the Asaba-Illah Road. This makes it accessible for residents who work in Asaba but prefer a quieter lifestyle.

• Government Interest and Infrastructure Development

The Delta State government is not sleeping on the potential of this town. Right now, they have identified Akwukwu Igbo as a developing area. You know what follows such recognition; improved infrastructure, good roads and electricity. And that is not all, plans for more schools and healthcare facilities are also in the works.

• Future Prospects

With Asaba reaching its saturation point, Akwukwu Igbo has immense potential for appreciation. Developers are already acquiring large parcels of land here, signaling its future as a residential hub.

When buying land in Akwukwu Igbo, ensure you verify the land’s ownership. Get a trusted surveyor to confirm that the property is free from communal disputes or government acquisitions.

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• How Can I Protect Myself From Property Fraud in Ibusa, Delta State
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2. Ogwashi-Uku

If Akwukwu Igbo appeals to those looking for peaceful living, Ogwashi-Uku caters to investors and business-minded individuals. This historic town, about 20 kilometers from Asaba, has grown into a busy commercial center over the years.

Here are some reasons to invest in Ogwashi-Uku. 

• Proximity to Delta State Polytechnic

The presence of the Delta State Polytechnic brings in a steady flow of students, lecturers, and business opportunities to Ogwashi-Uku. As a result, areas around the polytechnic are quite popular for rental properties, student hostels, and commercial ventures like eateries and supermarkets.

• Affordable Land Prices

Land prices in Ogwashi-Uku are still relatively low. Currently, plots of land sell for between ₦800,000 and ₦5 million. Note that these prices depend on their proximity to major landmarks like the polytechnic or the town centre.

• Connectivity to Asaba and Other Towns

Ogwashi-Uku is easily accessible via the Asaba-Benin Expressway. Its central location makes it a great choice for those looking to establish businesses that cater to Asaba’s growing population and beyond.

• Cultural and Economic Vibrancy

Have you been to Ogwashi-Uku recently? When you step in there, you can’t help but notice how lively the town is. Apart from the student-charged environment, Ogwashi-Uku hosts several annual festivals that attract visitors from far and wide, creating opportunities for tourism-related investments. 

Opportunities for real estate investment in Ogwashi-Uku

With the opportunities already on the ground, you can invest in hostels, mini flats and apartments or even business plazas. Or you can just buy a property and land bank for a few years before selling. 

There’s also a bubbling agricultural market there. This means that it is suitable for agro-related businesses. If you have such a business in mind, that is an added advantage for you. 

Before purchasing land in Ogwashi-Uku, ensure it has the appropriate documentation, such as a Certificate of Occupancy (C of O) or Governor’s Consent. It’s also advisable to work with local agents who understand the area’s dynamics.

3. Ibusa

Ibusa, often referred to as the twin town of Asaba, is another excellent location for land investment. Just 10 minutes away from Asaba, this town is fast becoming a suburban extension of the capital city.

Why should you invest in Ibusa?

Booming Real Estate Market

This does not need much explanation. Right now, Ibusa is one of the hottest places to buy property in Delta State. Ibusa’s closeness to Asaba means that people are spilling over from Asaba into this town. 

And there’s hardly any kind of property you won’t find here. There are gated estates. There are also standalone properties. In fact, there’s every kind of property suitable for middle-class families and young professionals.

Competitive Land Prices

Based on prices, land in Ibusa is slightly more expensive than Akwukwu Igbo or Ogwashi-Uku, given its closeness to Asaba. Plots typically sell for between ₦1 million and ₦7 million, depending on location and level of development.

Infrastructure Development

The ongoing construction of the second Niger Bridge has further boosted Ibusa’s appeal. Improved road networks and drainage systems also make it a desirable location for residential and commercial investments.

Cultural Heritage

Ibusa is steeped in rich Igbo traditions. If you’re looking for an excellent place to raise a family or to establish long-term residential roots, you’d love Ibusa. 

When you’re ready to invest, ensure that the land you’re purchasing is not under any customary claims. Engage a lawyer and a professional real estate agent to help you get through the legal processes involved.

Why Now is the Best Time to Invest Near Asaba

Real estate trends suggest that land values in these areas are set to rise exponentially over the next five years. Here’s why:

1. Population Growth

Delta State has a growing population, with Asaba serving as a magnet for businesses, job seekers, and investors. The spillover effect benefits surrounding towns like Akwukwu Igbo, Ogwashi-Uku, and Ibusa.

2. Government Policies

The Delta State government’s efforts to decentralize development from Asaba to nearby towns make these locations attractive for early investors.

3. Infrastructure Expansion

Projects like the second Niger Bridge and improved road networks will significantly boost land value.

4. Return on Investment (ROI)

Buying land in these areas now is similar to catching a gold mine before it becomes too expensive. For example, land purchased in Ibusa for ₦2 million today could easily double in value within five years.

Tips to Follow When You Want to Buy Land in These Locations Near Asaba

1. Do Your Due Diligence

Always verify the land’s documentation and ownership status. Make sure it is free from disputes and government acquisition.

2. Don’t Ignore Professionals

Don’t try to do everything on your own. Work with surveyors, lawyers, and reputable real estate agents to ensure a smooth transaction.

3. Consider Your Purpose

Decide whether you’re buying for residential, commercial, or speculative purposes. This will guide your choice of location and plot size.

4. Inspect the Site

Never buy land without visiting the site. This will help you assess accessibility, topography, and nearby developments.

Also Read:

• 10 Simple Questions to Ask Before Buying Land in Badagry
• What to Look for During a Land Site Inspection in Ofada Owode
• Read This Before You Buy Land in Ogbaku, Imo State

Invest in Areas Close to Asaba

So, what if you can’t invest in Asaba? All hope is not lost. Akwukwu Igbo, Ogwashi-Uku, and Ibusa are three of the next best places to which you can turn your attention. 

For one, these towns offer an excellent mix of affordability and potential for long-term returns. And come to think of it, the rising demand for real estate in Asaba means these areas will continue to appreciate in value, making now the perfect time to invest.

If you ask for our advice, we’d say, act now while prices are still reasonable—you might just be securing your piece of the future today. When you are ready to buy land in these locations near Asaba, reach out to Affable Homes Ltd.