“EPE is the new Lagos”. Why? How? Since When? This the new regular phrase widely used by realtors in Lagos while creating their contents or even while having conversations amongst themselves.
Now have you ever wondered why Epe is becoming the new Lagos? Why are real estate companies all of a sudden exploring Epe with so much intensity? I did a quick research on this and I discovered that the state government had announced a proposed construction of a new airport in Epe. Now, apart from that investing in real estate in Epe has several other benefitsyou know! So, come with me let’s find out the benefits of investing in the “New Lagos”.
- INFRASTRUCTURAL DEVELOPMENT: The introduction of an airport in Epe is definitely putting the place on the spotlight and of course wherever a major company such as an airport is situated must be well equipped with good social amenities
•INDUSTRIALIZATION & URBANIZATION: Airport development drives real estate demand for residential, commercial, and industrial properties in surrounding areas. Residential neighborhoods, hotels, office complexes, and retail centers often flourish to accommodate airport employees, travelers, and business visitors. This urbanization enhances the area’s attractiveness as a business location, supporting sustained industrial growth and economic diversification.
. There is absolutely going to be a rapid development in terms of social
amenities such as schools, colleges, restaurants, amongst others thereby making
it an envy of other locations.
• 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. • 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.
Now you’ve known the benefits of investing in real estate in Epe. Why not take advantage of this information and become a land owner today?
