When it comes to finding the cheapest land in Nigeria, there are several factors to consider. These factors include location, accessibility, infrastructure, and development potential. Here are seven places where you can find relatively affordable land in Nigeria in 2022:
1. Lagos: Despite being known for its high property prices, Lagos still offers some pockets of affordable land. Areas like Ibeju-Lekki, Epe, Badagry, and Ikorodu have seen significant development in recent years, making them attractive options for land investment. While prices can vary, these areas generally offer more affordable land compared to prime locations in the city center.
2. Ogun: Located close to Lagos, Ogun state offers affordable land options for investors. Areas like Mowe, Ibafo, Sagamu, and Abeokuta have experienced rapid development, with good road networks and proximity to Lagos being major advantages. The availability of land and lower prices make Ogun an attractive choice for those looking for affordable land near Lagos.
3. Abuja: Although known for its high property prices, there are still areas in Abuja where you can find relatively affordable land. Places like Kuje, Gwagwalada, and Karu offer cheaper land options compared to the city center. These areas have good infrastructure and are increasingly becoming popular among investors looking for affordable land in the capital city.
4. Oyo: Oyo state, particularly in areas like Ibadan, offers affordable land options. The city has seen significant growth in recent years, with improved infrastructure and increased development activities. Areas like Challenge, Iwo Road, Moniya, and Akobo offer relatively cheaper land compared to prime locations in the city.
5. Anambra: Anambra state, located in the southeastern part of Nigeria, is another place where you can find affordable land. Areas like Awka, Nnewi, and Onitsha offer cheaper land options compared to major cities like Lagos and Abuja. With increasing development activities in the state, investing in land here can be a wise decision.
6. Rivers: Rivers state, particularly in areas like Port Harcourt, offers affordable land options for investors. While prices can vary, there are areas in Port Harcourt where you can find relatively cheaper land. The state has good infrastructure and is a major economic hub, making it an attractive choice for land investment.
7. Ilorin: Ilorin, the capital city of Kwara state, is another place where you can find affordable land. The city offers relatively cheaper land options compared to major cities in Nigeria. With its strategic location and growing economy, investing in land in Ilorin can be a viable option.
It is important to note that while these places offer relatively cheaper land, prices can still vary depending on factors such as location within the area, size of the land, and proximity to major amenities. Conducting thorough research, visiting the areas, and consulting with local experts are crucial steps to ensure a successful land investment.