If you are considering exploring investment opportunities in Lagos, invest in the Epe real estate market.
Epe is a well-known town and Local Government Area in Lagos State Nigeria. Epe also happens to be one of the five administrative divisions in Lagos. This further positioned it as a reputable region in Lagos State.
Of truth, Lagos is the heart of Nigeria’s real estate and the top destination for investments. Its substantial population, economic power, and increasing middle tier create room for increased real estate demand.
The premium value is placed on Lagos real estate, and this value cuts across every nook and cranny, including Epe.
Despite this value, Epe remains one of the cheapest places to invest in Lagos.
Don’t go too far, this piece states ten powerful reasons you should invest in Epe real estate.
1. Strategic Location
Epe’s strategic location is worth mentioning. It is located on the north side of the Lekki Lagoon and about 90 km from Ibadan. Epe community serves as a junction to several destinations connecting Lagos to Ijebu Ode in Ogun State.
It acts as a bridge between the animated city and the serene beauty of the Nigerian coastline. This provides the opportunity to experience both worlds.
This prime location positioned Epe at the forefront of Lagos State’s expansion. As Lagos keeps growing, Epe takes the position to connect different cities to the coastal areas, thereby becoming a major residential and commercial hub.
Considering its strategic location, you should make the best decision by having your shares.
Also Read:
- Different Communities in Epe and Various Investment Attractions
- 10 Serious Mistakes Investors Should Avoid When Buying Land in Epe
- How Lekki International Airport Will Impact Real Estate Investment in Epe
2. Availability of Land
Lagos is always busy and finding enough land may be somehow difficult. But when you invest in Epe real estate, this is one of the benefits you tend to get.
A sense of space was difficult to get within the confines of Lagos. Subsequently, its less congested environment is one of the advantages.
Moreover, taking advantage of the space comes with a piece of mind and fulfillment.
3. Affordability
Anyone who knows Lagos can attest to the fact that properties are very expensive. Places like Banana Island, Ikoyi, Eko Atlantic City, Victoria Island, Lekki Phases, and others are known for their high prices while Epe provides a place within your reach.
Significantly offering more affordable land prices from investors, making it an attractive point for investors with varying budgets.
You can start purchasing properties here without the fear of exorbitant prices.
4. Increasing Population
Epe’s population is on the rise due to contributing factors comprising growing commercial activity, affordable land prices, infrastructural development, tourism potential, and more.
Equally, the strength of its potential presents a range of opportunities for real estate investors. As it stands, its rising population is not dwindling anytime soon. This makes investing in Epe one of the best decisions you can make for the future.
5. Emerging Center for Real Estate in Lagos
According to Statista.com, the real estate market is anticipated to achieve a value of US$2.61 trillion this year.
Additionally, this further shows real estate is one of the biggest industries in Nigeria. Epe grants you access to the industry easily with undoubted potential for the appreciation of any of your purchases.
Epe is fast becoming the centre of real estate in Lagos and it is best you take advantage of it. Early investors are posed with substantial gains as the areas continue to grow.
6. Accessible Road Network
Another reason you need to own at least a property in Epe is its accessible road network. This is one of the reasons you should invest in the Epe real estate market.
The government has contributed significantly towards building a good road system for the region. This initiative is opening Epe to new possibilities.
Today, however, transiting through Epe has been a beautiful experience because of the ease it provides.
This good road enhances the opportunity to invest in Epe real estate with no road hassle. Construction of new roads, rehabilitation of existing roads, and expansion of roads have impacted the business structure, most especially in real estate.
7. Peaceful Atmosphere
Furthermore, its stance on being a peaceful region can’t be underestimated. Compared to the bustling metropolis of Lagos, Epe has a lower density.
This means less hyperactive noise and congestion leading to a peaceful atmosphere. Its tranquil atmosphere contributes to its low crime rate thereby making your investment safe.
Hence, investing in a peaceful environment will also contribute to your peace, fully aware your investment is safe.
8. Tourist Destination
Also, one of the facts about Epe is its potential as a tourist destination. Its fishing culture, pleasing landscape, and historical landmarks keep attracting visitors.
The aforementioned highlights gradually attract people who are looking for different experiences. As the tourism rate increases, demands for real estate will be high, and it will be best to start now.
9. Rapid Industrialization
Rapid industrialization is one key factor to consider in investing in Epe. Housing some renowned institutions like Yaba College of Technology, Augustine University, Lagos State University, and Epe Campus.
To add to this, it’s home to Lagos State University of Education Epe Campus and Government Technical College, among others.
These are drawing the attention of investors who have started building to leverage this development.
Also Read:
- How Much Does It Cost to Buy a House in Lagos?
- Where to Buy Land Near Lagos at Affordable Prices
- What You Should Know About The Lekki International Airport
10. Excellent Return On Investment
What’s more? Epe offers an excellent return on investment.
According to Nairametrics, the prices of land in Epe have jumped by over 100 percent in the past 5 years. The coming years will witness a more significant increase.
Epe presents a strong potential for good returns due to its strategic location and other contributing factors. Epe is worth every penny of investment you make because of its future appreciation.
Conclusion
Nonetheless, Epe may not be one of the biggest places in Lagos, but its fast-rising growth is opening doors for different opportunities. It’s gradually becoming a place for innovation, business, and economic growth.
Epe’s strategic location, peaceful atmosphere, large space and more will continue to increase the value of properties.
Purchase your property now and join the League of Epe, future developers.
To explore any of our real estate investment packages like land banking, retirement plan, kids education investment plan, trade apprenticeship plan or if you want to purchase some plots where you will have residential or commercial buildings, send an email to us at info@affablehomes.com.ng or call +2349134056630.
