Epe is, after all, Lagos’ future, as seen by the local activity. It has been dubbed “The New Smart City” for the same reason.
Epe is a town located in the eastern part of Lagos State, Nigeria. Over the years, Epe has become increasingly popular as a tourist spot and an emerging real estate hub. The town is surrounded by lush greenery and natural scenery, making it an ideal location for those seeking a break from the chaos of inner Lagos. Despite being a small town, the strategic location of Epe near key developments has given rise to numerous industrial and economic opportunities, leading to rapid growth and development in the area.
Epe has additionally been referred to as the “Dubai of Africa.” because of the rapid industrial boom. Similar to how Dubai, which was once seen as a wasteland and a place with no economic value, has transformed into one of the regions with the highest return on investment in real estate after 15 years.
Epe Town will experience a significant influx of major investors from all over the world in the next years.
Reasons Why You Should Invest in Lands in Epe
Highlighted below are some reasons why you should invest in landed properties in Epe.
- AFFORDABILITY
Epe is one of the most affordable areas in Lagos state to own a home or piece of property. Epe is your best option if you are middle class and searching for a more livable and tranquil area to invest in Lagos state. Compared to other regions of the state, labor costs are comparatively low.
- THE INCREASING VALUE OF LANDS IN EPE: The value of lands in Epe has been on a steady rise over the years, and it doesn’t show any signs of slowing down. With the recent developments in the area, which include the ongoing construction of the Lekki-Epe Expressway, the value of lands in Epe is projected to skyrocket in the coming years. This makes it a prime location for anyone looking to purchase land as a long-term investment.
- TOPOGRAPHY: Epe boasts of land with a dry topography, and the cost of building materials offered in this area of Lagos State is reasonably priced, this contrasts with the Lekki and Ajah axis, which can occasionally be affected by floods when rain falls.
For instance, in Epe, an entire parcel of land cost 270,000 in 2012. Nine years later, in 2022, the cost per plot has significantly climbed to well over 1,650,000. Check out The Ridgewood Lagos in Epe
- GOOD ROAD NETWORK: It is known that the Epe road network connects to Ikorodu, Itokin, and Ijebu Ode. Craneburg was in charge of the projects for designing and building roads.so you are sure they would stand the test of time. Land values are anticipated to increase with the current expansion of the 6-lane roadways in the first phase of the project from Eleko Junction to Epe Junction, which was just inaugurated by the governor of Lagos State, Babajide Sanwo-Olu
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NATURAL SCENERY: The lands in Epe are surrounded by lush greenery, which has made the area a popular retreat from the hustle and bustle of Lagos city life. Its natural scenery is a perfect fit for anyone looking to escape the chaos of inner Lagos. In addition to that, Epe is home to the Lekki Conservation Centre – the perfect place for nature lovers and bird watchers.
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- RAPID INDUSTRIALIZATION: This provides investors with a vision of the potential uses for the land. Epe is home to the renowned Yaba College of Technology, Augustine University, Michael Otedola College, and other institutions.
Due to this, investors have started building infrastructure associated with education, including hotels, restaurants, and many more. The governor of Lagos State Babajide Sanwo-Olu commissioned the 110-bed Maternal and child center (MCC) and also inaugurated the emergency and emergency dispatch center for a swift response to emergencies and effective management of disasters.
CHECK: Epe will Immerge as Lagos Industrial hub by 2023.
In conclusion
Epe Town has demonstrated that it will be a magnet for massive capital investment and quick property appreciation. therefore right now is the ideal time to buy land in Epe.
The lands in Epe offer a unique blend of tranquility, affordability, and investment opportunity. With its natural beauty and strategic location, Epe is a hidden gem that’s rapidly gaining attention from developers and investors. Whether you’re looking to build your dream home or make a long-term investment, the lands in Epe are a great option to consider.
