Are you looking for where to buy affordable land in Nigeria? One of the top questions on your mind is likely where to find it. The good news is that despite Nigeria’s rapid development, there are still many places where land remains affordable.

However, there are certain factors to consider when looking for cheap land. In this guide, you’ll find some of the top places in Nigeria where you can buy land without breaking the bank.

Top 5 Places To Buy Affordable Land in Nigeria

If you’re a first-time buyer looking to secure your financial future, buying land in Nigeria is a great investment.

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According to a real estate expert, Mr Eze Maximus, the top 5 places you can buy cheap land in Nigeria are:

• Lagos
• Abuja
• Port Harcourt
• Ogun
• Enugu

1. Lagos: Best Place to Buy Affordable Land in Nigeria

A home to over 16 million people, Lagos offers various opportunities for business and entertainment. Its diverse opportunity makes it a good real estate investment choice.

High-end areas such as Victoria Island and Lekki are known for expensive land prices. However, there are more affordable regions on the outskirts of Lagos that present great opportunities for investors on a budget.

Some of these areas include Ikorodu, Epe, and Badagry.  Aside from being affordable, these areas provide proximity to key urban centers. Currently, Epe is experiencing fast growth in infrastructure.

For instance, the Lagos State Government has plans for the Lekki-Epe International Airport and the expansion of the Lekki Free Trade Zone. With these developments, buying land in this area is a good investment opportunity.

Furthermore, investors who buy land in these areas are likely to see big increases in value as these projects are completed.

2. Ogun: Where to Buy Cheap Land in Nigeria

Ogun State’s proximity to Lagos makes it an ideal choice for those looking to invest in affordable land in Nigeria.There’s also the added benefit of areas being connected to Lagos via the Lagos-Ibadan Expressway.

You can find lands with extremely low prices in areas like Mowe, Ibafo, and Abeokuta. Additionally, Ogun State has experienced a great increase in gated communities and estates that provide security and modern infrastructure at reasonable prices.

Many of these estates offer flexible payment plans, making it easier for first-time buyers to enter the property market. Also, the state offers favorable policies and charges for land use and amenities. With its fertile land, Ogun is perfect for farming, poultry, and other agri-businesses.

This makes it an ideal destination for investors seeking both real estate and agricultural opportunities.

3. Port-Harcourt: Buy Affordable Land in Nigeria’s Oil City

Port-Harcourt, the capital of Rivers State, is one of Nigeria’s fastest growing cities and a key player in Nigeria’s oil and gas industry.

Despite being one of the richest cities in Nigeria, land in certain parts of Port-Harcourt remains slightly affordable compared to cities like Lagos and Abuja.

Some of the best places to buy affordable land in Port-Harcourt include areas like Eneka, Igwuruta, Oyigbo, Etche, and Omagwa. You can also buy cheap land in Ipo, Omademe, Alesa, and Rukpokwu.

These locations are slowly opening up due to increasing demand for residential and commercial spaces. So, if you’re looking to build a commercial property, you can buy cheap land in Igwuruta.

Luckily, Igwuruta is close to the Port-Harcourt International Airport, making transportation easily accessible. For residential buyers, you can get more budget-friendly options at Oyibo.

4. Abuja: The Capital to Buy Cheap Land in Nigeria

As Nigeria’s capital city, Abuja is often associated with high land prices in areas like Maitama, Asokoro, and Gwarimpa. However, there is affordable land in satellite towns and suburbs surrounding the city.

Some of the affordable areas where you can purchase cheap land include Kubwa, Lugbe, and Kuje. For landbanking and long-term investment, you can buy land at an affordable price at Kuje.

Lugbe is close to the Nnamdi Azikiwe International Airport. It’s a strategic location for both residential and commercial development.

5. Enugu: Ideal City to Buy Affordable Land in Nigeria

Enugu, often called “Coal City,” is a great mix of growing urban life and affordable living. Located in southeastern Nigeria, it’s a key area for trade and development in the region.

If you’re looking for affordable land, areas like Emene, 9th Mile, and Awkunanaw are good options. The state government is also focused on improving roads, utilities, and business-friendly policies in these areas.

This commitment by the government is increasing the demand for both residential and commercial land. To get more insights into these locations, you can work with a real estate agent.

Factors To Consider When Looking for Where To Buy Affordable Land in Nigeria

Before going ahead to buy cheap land in Nigeria, there are certain factors you have to consider. Some important factors include:

• Your Purpose For Buying Land: This is an important factor to consider before going ahead to invest in land. Before making a purchase, you have to know what you need the land for. You’d have to decide if you’re going to build on the land. Or, you’d be holding it for long-term profit.
• Location: If you’d be buying land in any of the cities mentioned above, ensure the location is easily accessible. Check if the land is close to basic amenities like school, hospitals, and shopping centers. Also check if the area is prone to flooding or other environmental challenges.
• Budget: This is where you decide how much you want to invest in land. Do well to set a clear budget. Your budget should include not just the cost of the land. But also additional expenses such as legal fees, and survey costs. If this is your first time investing or you are on a tight budget, it’s best you buy cheap land.
• Utilities: Before buying land in Nigeria, check for basic utilities such as electricity and water supply. While many affordable areas may not yet have developed utilities, consider the cost and time it might take to set up these services.

Final Thoughts

As an individual looking to secure your financial future, buying affordable land in Nigeria is a smart way. Whether you’re looking for land in Lagos, Ogun, Port-Harcourt, Abuja, or Enugu, each location offers unique opportunities for both residential and commercial purposes.

However, before making a purchase, it’s important to research the location thoroughly. You’d have to consider the long-term potential. You can work with a trusted real estate agent to guide you when looking for where to buy affordable land in Nigeria.