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Top reasons Epe is considered the residential hub of Lekki free zone

Posted by Danbel Properties on June 25, 2022
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The search for affordable property in Lagos has turned to Epe now that the supply of accessible land in Ibeju Lekki is almost gone. In recent years, real estate investors have come to Epe, where there are over 50 properties spread around the city with values ranging from ₦600,000 to ₦40 million.

It was only known for the export of fish, maize, cassava, coconuts, vegetables, rubber, palm oil, and other agricultural products less than 10 years ago, when it was only a ghost town. Then, Akinwunmi Ambode, a native of Epe and a former governor of Lagos State, transformed this little town into a cutting-edge metropolis with first-rate bridges, streetlights, and hotels.

Today, Epe is home to significant construction projects including  a planned international airport, and a fourth mainland bridge that would link Epe to Ikorodu and other sections of the mainland.

Epe is expected to be the next major metropolis to emerge from Lagos State after Ibeju Lekki, and land prices are rising quickly in keeping with this prediction.

It is no longer a secret that Epe is the largest investor in The Future of Lagos. Let’s learn more about reasons Epe has become a haven for real estate investors.

Proximity to key investments

The proposed International Airport and several other developments are located in Epe, as was already mentioned. As a result of the planned and ongoing development, the value of homes in the region is rising quickly.

Colleges and Universities presence

Epe is home to campuses for the Yaba College of Technology, Augustine University, and Michel Otedola College. As a result, investors have started building infrastructure associated to education, including hotels, restaurants, and many more.

Conclusively, Epe is a great place to invest since property values continue to rise as a result of the city’s development. As a result, if you have invested a lot in Epe, you will be one of the investors who will later enjoy a high rate of return. Therefore, as now is the ideal moment to purchase land, don’t delay.

Excellent road systems

This area’s road system is recognised to link to Ikorodu, Itokin, as well as Ijebu Ode. Craneburg was in charge of the 16-month road design and construction work in Epe.

Inexpensive housing

The cost of owning a home or piece of property here is lower than everywhere else in Lagos state. This is your greatest option if you are middle class and searching for a more livable and peaceful area to invest in Lagos State. Compared to other areas of the state, labour costs are comparatively low. The geography is dry, and building materials are priced reasonably in this region of Lagos State in contrast to Lekki and the Ajah axis, which might occasionally experience flooding when it rains.

Conclusively, Epe is a great place to invest since property values continue to rise as a result of the city’s development. As a result, if you have invested a lot in Epe, you will be one of the investors who will later enjoy a high rate of return. Therefore, as now is the ideal moment to purchase land, don’t delay.

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