Do you know that Anambra has a thriving real estate market in Eastern Nigeria? Yes, it does. Sure, other places like Lagos and Abuja have been buzzing for a while, but Anambra is steadily becoming a real estate gem. Knowing the best places to buy land in Anambra as a Nigerian living abroad can help you enjoy fast appreciation.
One great thing about Anambra is not just its affordability but also its rapid development and the promising returns on investment. Right now, this southeastern state is brimming with opportunities for investors, particularly Nigerians in the diaspora looking for secure and lucrative places to buy land.
As a Nigerian living in the diaspora, Anambra State is your best bet when considering buying land back home. But where exactly should you be looking? Here are the 5 best places to buy land in Anambra if you’re looking for value, growth potential, and future security.
5 Best Places to Buy Land in Anambra
1. Achala Awka
Achala Awka is often referred to as the next big thing in Anambra’s real estate market. It’s located close to Awka, the state capital, making it an ideal spot for future urban development.
With government projects extending toward this area, its real estate value is skyrocketing. If you’re wondering why you should invest in Achala Awka, here’s why. It is close to Awka, the state capital.
In simple terms, this means access to top schools, hospitals, and businesses. Think of how this can boost the value of your property in just a few years.
Currently, residential plots range from ₦700,000 to ₦3 million, depending on location and proximity to more developed areas.
2. Umueri
A few years ago, Umueri was regarded as just a rural settlement in Anambra State. But today, Umueri has gained fame thanks to the Chinua Achebe International Cargo Airport, which has significantly boosted its visibility.
Since the airport’s completion, investors have been rushing to secure land here. This inevitably points to an expected commercial and residential boom in the next few years.
Why should you invest here as a Nigerian living in the diaspora? First, because of the area’s strategic location near the airport. If there’s anything that opens up an area, it’s infrastructures like airports, universities and industries.
When such infrastructures are sited, it’s usually profitable to position yourself early and get a piece of the pie. Since the airport has been operational for less than three (3) years, it’s safe to say that you’re still early in case you want to invest in real estate here.
With many government-backed development projects currently underway, this area is most likely perfect for logistics and hospitality businesses. So, get in now if you must.
A plot here could cost between ₦1 million or a little less and ₦7 million. Keep in mind though that the price for the land you get will depend on the plot’s proximity to the airport.
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3. Oba (Idemili North)
Oba in Idemili North is one of Anambra’s most commercially active towns. It’s famous for its business hubs because it is situated in a central location between Onitsha and Nnewi, two of Nigeria’s largest commercial cities.
What is the advantage of investing here? One is access to busy markets in Onitsha and Nnewi. So, it’s easy to have professionals and families moving to this area since they can easily access Onitsha and Nnewi easily.
Considering this point, there is high rental income potential from commercial properties, if you decide to invest here.
For current land prices, expect to pay between ₦2 million and ₦12 million for a plot, depending on size and proximity to the main roads.
4. Amansea
If you know Awka well enough, you will know that Amansea is perfect for those looking for a peaceful environment while staying close to the city.
Located near Nnamdi Azikiwe University, Awka and with several estate developers moving into the area, Amansea is on its way to becoming a favourite real estate sensation.
Why should you invest in Amansea? First, because of the quiet, suburban feel it has. The area is currently taking the shape of the city closest to it – Awka, therefore it is perfect for residential development.
If you intend to build and rent out commercial and residential buildings, this is a good place to invest in. Even if you only want to do land banking, this area also has the potential to grow over time.
Next, it’s close to Awka and major connecting roads. So, it’s not hard to move in and out of the area at will.
Then, the best part, it has lower land costs compared to the Awka city center. If you’re looking to invest in Anambra State, Amansea should definitely be on your list. Currently, you can get residential plots from ₦1.5 million to ₦15 million.
5. Ebenebe
Ebenebe might not be as famous as other areas, but it’s one of the most affordable places to buy land in Anambra. It is located on the outskirts of Awka and has vast areas of undeveloped land.
This, of course, makes it ideal for future development. Plus, the area is gradually opening up as more investors like yourself get into the Anambra real estate market.
Perhaps you’re wondering why you should invest here instead of any other area. We’ll, it’s simple. The land is still very affordable compared to other parts of Anambra.
Plus, the land here is great for agricultural investments due to its fertile soil. If you’re thinking of starting an agricultural business or planting plantations, Ebenebe is one of your best bets.
To crown it all, this area has future prospects for commercial or residential estate development. Plots range from ₦700,000 all the way to ₦12 million, depending on location and plot size.
Why Buy Land in Anambra as a Nigerian in the Diaspora?
Here are four compelling reasons why you should invest in Anambra’s real estate market:
1. Appreciation Potential
Land values in Anambra have been growing steadily, with yearly appreciation rates of up to 20% in some areas.
2. Strategic Location
Anambra connects to key markets like Lagos, Onitsha, and Enugu, ensuring robust trade and business opportunities.
3. Cultural Ties
For many Nigerians in the diaspora, owning land in Anambra offers a sense of connection to home and heritage.
Important Tips Before You Buy Land in Anambra
Research Thoroughly: Visit the land if possible, or hire a trusted agent to inspect it for you.
Check Land Titles: Ensure the land has proper documentation such as a Certificate of Occupancy (C of O) or Deed of Assignment.
Verify the Seller: Deal only with verified landowners or reputable real estate companies.
Consider Future Development Plans: Look into upcoming government projects or infrastructural plans around the area.
Also Read:
- How Safe is Ogbaku, Owerri for Real Estate Investment?
- Why Nigerians in the UK Are Buying Land in Droves in Asaba
- The Best Time to Invest in Ibusa Real Estate Market
Buy Land in Anambra in the Best Places
Buying land in Anambra is a wise decision, especially for Nigerians in the diaspora looking for long-term investment opportunities.
You could go with Oba for its future commercial potential or with Amansea because of its peaceful residential feel. Or take it a notch higher and invest in Umueri for its closeness to the international airport in the town.
Whichever one you choose, you can’t go wrong, especially if you purchase through a reputable real estate company. Invest now, and in a few years, you’ll be glad you did!
Which of these places catches your interest the most? Contact us today and make your choice. We have plots where you will have residential or commercial buildings. Please, send an email to us at info@affablehomes.com.ng or call +2349134056630.
