5 Lagos Suburbs to Buy Land in Now (Before Prices Explode)
Introduction
If you’re searching for the best places to buy land in Lagos, here’s one thing you should know, Lagos doesn’t wait for anyone. That “bush” you see today can turn into the hottest address in just a few years.
The city is growing fast. New roads, housing estates, shopping malls, and government projects are popping up everywhere. And each time that happens, land prices shoot up.
Right now, areas like Alimosho, Ikorodu, Ibeju-Lekki, Epe, and Ajah are quietly turning into goldmines for smart investors. If you want affordable land in Lagos that could give you serious returns tomorrow, these are the Lagos suburbs to invest in before prices get out of reach.
- Alimosho
If you’re wondering about the best places to buy land in Lagos, Alimosho is up there. Located in the north-west part of the state, it stretches from Egbeda, Ipaja, and Ikotun out toward the Ogun boundary basically, it’s that massive LGA people always talk about. It’s actually the most populated in Lagos, with an estimated 2 million residents as of 2025.
What’s exciting is how quickly Alimosho is changing. By the end of 2025, Lagos State plans to complete five major road projects here like Ijegun-Ijagemo Road, Ile Eja network, and Akesan-Igando Road, and complete with drainage, sidewalks, and streetlights.
Why invest in Alimosho?
- Cheaper land compared to central Lagos
- Excellent road links to Ikeja, Egbeda, and even Lagos Island
- High rental income potential: 1-bedroom go for about ₦250k–₦600k per year in this area.
If you want affordable land in Lagos with strong long-term returns, Alimosho is a smart bet.
- Ikorodu
Ikorodu is also one of the best places to buy land in Lagos. It’s way out on the north-eastern edge of the island, think the old-time bushy drive from Yaba but things are moving fast now.
Why Invest in Ikorodu?
- The Fourth Mainland Bridge project links Ajah to Ikorodu, making the town a major entry and exit point. With better connectivity, expect land prices to rise.
- There’s also the new Food Logistics Park going up between Ikorodu and Epe. That brings commercial activity and demand for land.
- Rent-wise, one-bedroom apartments in Ikorodu go for about ₦250k–₦600k per year. Not top-tier, but solid income if you’re thinking rental yield from affordable land in Lagos.
Affordable land, major infrastructure on the way, and emerging rental demand mean Ikorodu is quietly topping the list for smart Lagos real estate investment and becoming one of the best places to buy land in Lagos.
- Ibeju-Lekki
If you’re wondering about the best places to buy land in Lagos, Ibeju-Lekki should be at the top of your list. This northeastern suburb is fast becoming the city’s future economic hub, with industrial projects pulling crowds and investors. The Dangote Refinery, Lekki Deep Sea Port, and the Lekki Free Trade Zone have transformed the area into a real estate goldmine.
Just a few years back, some plots sold for ₦5 million. Now, with those mega projects driving demand, prices have shot up to ₦100 million and experts say ₦1 billion isn’t far off. That’s why Ibeju-Lekki has become the Lagos suburb to invest in, especially if you want serious appreciation.
Why invest in Ibeju-Lekki?
- As one of the best places to buy land in Lagos, the appreciation potential is huge
- Surging demand for both residential and commercial land
- Long-term wealth creation opportunity
For property in Ibeju-Lekki, watch this
- Epe
Next on your radar should be Epe, on the Lekki-Epe corridor. Once just a peaceful farming town, it has now caught the real estate fever. Projects like Labour City, the Epe Mixed Development Scheme, and a massive Food Logistics Park are changing everything. Add to that developments like the Lekki-Epe airport, Isimi Lagos estate, and mega hubs such as Dukiya’s Sydney Estate suddenly, Epe is one of the best places to buy land in Lagos and it is where smart money is flowing.
With this level of investment, owning affordable land in Lagos now in Epe offers a sweet balance of peaceful living with serious payoff potential down the road.
Why invest in Epe?
- Prices are still relatively affordable
- Ongoing government-backed infrastructure projects
- Strong long-term appreciation potential
Buying land in Epe now is like getting in on Lekki Phase 1 before it became expensive.
- Ajah
Ajah is a place everyone thinks they know, but underestimates. Nestled between Lekki and Sangotedo.
When we say Ajah is a development magnet, we mean it. Every time a new road drops or a mall opens, the land price shoots up. It’s perfect for investors who want a mix of rent income, appreciation, and urban convenience.
Ajah has good road networks, proximity to Lekki, beautiful beaches, and a growing list of shopping malls. Ajah is one of the most strategic places to buy land in Lagos.
Why invest in Ajah?
- Consistent property value growth
- Strong rental market
- Continuous infrastructure upgrades
Note: Every new road or development in Ajah pushes prices higher. It’s better to start now while the prices are still affordable.
For property in Ajah watch this
Read also: Best locations to invest in Ibadan
Conclusion
If you’re serious about a smart Lagos real estate investment, land that’s affordable now but poised to grow big, you can’t go wrong with Alimosho, Ikorodu, Ibeju-Lekki, Epe, or Ajah.
Each offers a unique edge:
- Local housing demand and new road access in Alimosho
- Connectivity breakthroughs in Ikorodu
- Mega-project-driven value in Ibeju-Lekki
- Quiet growth turning into a boom in Epe
- Steady urban climb in Ajah
The best time to buy land in Lagos was yesterday. The second-best time is today.
Want personal guidance tailored to your goals? Book your free consultation here, let’s secure your plot before the next price boom.
