5 Lands for sale in epe that can help you beat inflation in 2023
In an era marked by economic uncertainties and the relentless rise of inflation, finding financial instruments that preserve and grow your wealth is of paramount importance. Nigeria, like many nations, grapples with the challenges posed by inflation, which erodes the value of the Naira and diminishes the purchasing power of its citizens. In such times, wise investments are not only necessary, they are also critical.
One investment avenue that has consistently proven its mettle in combating the effects of inflation is land investment. Land, often referred to as a finite resource, has always appreciated in value over time, providing a hedge against the ravages of inflation. Today, we shall assess the rationale behind land investment as a solution to beating inflation in Nigeria and also explore the fast rising investment hotspot of Epe, Lagos State. Please, read on!
Rising Inflation in Nigeria and Its Effects
To fully grasp the urgency of seeking inflation-resistant investments, it is imperative to comprehend the current state of inflation in Nigeria. The nation has, in recent years, experienced persistent and sometimes double-digit inflation rates. This economic phenomenon carries with it dire consequences for ordinary citizens.
Rising inflation erodes the value of the Naira, rendering savings and fixed-income investments less effective in preserving purchasing power. In essence, money in the bank, while seemingly secure, loses its value over time in the face of escalating prices.
The effects of inflation ripple through various aspects of daily life. Prices of goods and services soar, impacting the cost of living and squeezing household budgets. Savings, once considered a reliable way to build a financial safety net, struggle to keep up with the pace of inflation. As a result, it is important as a Nigerian to seek alternative investment avenues that offer protection against the erosive effects of inflation.
Land Investment as a Solution to Beating Inflation
Amid the challenge of inflation, land investment has become an excellent strategy to protect and potentially grow your wealth. The concept of land banking involves acquiring land as an investment and holding onto it for the long term, allowing the property’s value to appreciate over time.
Compared to conventional savings accounts or fixed-income instruments, land investment offers the potential for a substantial return on investment (ROI), often exceeding 20 percent. This potential ROI is underpinned by the increasing demand for land, driven by factors like population growth, urbanization, and infrastructural development.
Investing in land in Nigeria is akin to securing a tangible asset that can appreciate independently of inflation, thereby preserving the value of your Naira investment. Additionally, land ownership confers a sense of security and stability, qualities highly sought after during periods of economic turbulence.
Epe as a Viable Investment Destination
Now that we’ve established the importance of land investment as a means to combat inflation, let’s turn our attention to Epe, one of the most promising locations for such investments in Nigeria.
Epe, situated in Lagos State, has rapidly gained recognition as a viable investment destination, thanks to several factors that make it particularly attractive for land investment.
First and foremost, Epe benefits from its strategic location. It is strategically positioned on the Lagos coastal axis, which holds immense potential for infrastructural development and economic growth. The ongoing expansion and development of the Lekki Free Trade Zone, the Deep Seaport, and the Lagos-Ibadan Expressway extension all converge in the Epe region. These mega-projects are not only poised to boost economic activities but also increase the demand for land.
Furthermore, Epe offers a serene and picturesque environment, making it an ideal choice for those looking to escape the hustle and bustle of the city while still enjoying proximity to Lagos’s economic hub. The region’s natural beauty, including its beaches and lush landscapes, further adds to its allure. But, what about infrastructural development?
Infrastructure development in Epe is on an upswing. The Lagos State government’s commitment to improving road networks, power supply, and other essential services in the area is a testament to the region’s growth potential. Investors can expect enhanced connectivity and improved living conditions, which, in turn, contribute to land value appreciation.
In addition to the aforementioned factors, Epe boasts a rich cultural heritage and a strong sense of community. This blend of tradition and progress offers a unique living experience for residents and further adds to the region’s appeal for investors.
As Epe continues its transformation into a vibrant economic and residential hub, those who invest in land in this region stand to benefit from its remarkable growth potential. Whether you are considering land for future development, capital appreciation, or as a long-term investment, Epe offers a promising option for your financial aspirations.
Things to Look Out for Before Buying Land in Epe
Before you embark on your land investment journey in Epe, it’s essential to navigate the process with caution and due diligence. Here are some key considerations to keep in mind:
- Title Verification: Ensure that the land you intend to purchase has a clear and marketable title. Engage a qualified professional to conduct a thorough title search and confirm the authenticity of the land title.
- Infrastructure: Assess the level of infrastructure development in the area. Adequate road networks, access to utilities such as water and electricity, and proximity to amenities like schools, hospitals, and markets are crucial factors that can influence the land’s value and your overall living experience.
- Zoning Regulations: Familiarize yourself with the zoning regulations and land-use plans in Epe. These regulations determine how the land can be utilized, whether for residential, commercial, or industrial purposes. Complying with zoning laws is essential to avoid future legal complications.
- Security: Consider the security situation in the neighborhood. Safety and peace of mind are paramount when selecting a location for your land investment.
- Land Survey: Obtain a certified land survey plan to define the boundaries and dimensions of the land accurately. This helps prevent boundary disputes in the future.
- Resale Value: Think ahead about the resale potential of the land. Even if your immediate plan is not to develop the land, having a clear understanding of its resale value can be crucial if you decide to sell in the future.
5 Lands for Sale in Epe That Can Help You Beat Inflation in 2023
Now, let’s explore five meticulously chosen lands available for sale in Epe, each offering unique attributes and the potential to help you beat inflation.
Welcome to Norway District 2, an enchanting residential estate located in Mojada, Epe. Here, land transcends mere property; it becomes the cornerstone of your dreams and the bedrock of your financial future.
Title: Registered survey and deed
Features: Embrace a life of security and comfort with a welcoming gatehouse, perimeter fencing, meticulously planned road networks, efficient drainage systems, and vigilant estate security.
Neighborhood: Epe Resort & Spa, St. Augustine University, Atlantic Hall Schools, and Isimi Lagos.
Units & Prices
- 150 SQM : N1.8M
- 300 SQM : N3.6M
- 500 SQM : N6.0M
- 600 SQM : N7.2M
Initial Deposit
N500k
Payment plan: 0-3months
Oba Residence, a hidden gem within the enchanting region of Mojada, Epe, offers plots of land that serve as the vault for your investments. Located in Mojada, Epe, you’ll discover a haven where the tranquility of nature adds to your overall peace of mind.
Title: Registered survey and deed.
Features: Oba Residence offers the gift of secure living within its perimeter fencing, a stately gatehouse, well-crafted road networks, efficient drainage systems, and an enticing commercial location.
Neighborhood: Thrive in proximity to Epe Resort & Spa, St. Augustine University, Atlantic Hall Schools, and Isimi Lagos, where every amenity and opportunity are within reach.
Units & Prices
- 300 SQM : N3.6M
- 450 SQM : N5.4M
- 500 SQM : N6.0M
- 1000 SQM : N12M
Land and Development Fee Included
Initial Deposit:
N500k
Payment plan: 3-6months
- Wonder Generational Wealth Estate, Igboye, Epe, Lagos
Next is Wonder Generational Wealth Estate, Igboye, Epe, where astute investors have discerned the untapped potential of this region before its value soars like other Lagos Island locations. In Igboye, your investment aligns with thriving potential.
Facilities: Within Wonder Generational Wealth Estate, you’ll find a world of luxury living. Secure perimeter fencing, a vigilant gatehouse, dependable electricity supply, efficient drainage systems, well-planned road networks, serene green areas, and a vibrant children’s playground offer optimum comfort and value.
Neighborhood: St. Augustine University, Yaba Tech, Lagos Smart City, Dangote Refinery, Lekki Free Trade Zone, Lekki Sea Port, the New International Airport, and an array of pristine beaches and resorts.
Unit Price
N1M per plot/500 Sqm
- RIO Residential Estate, Epe
Rio Residential Estate, gracefully situated in Mojada, Epe, is more than land; it’s a promise of community, convenience, and boundless growth.
Title: Registered survey and deed
Features: A vigilant perimeter fence, a welcoming gatehouse, well-planned road networks, efficient drainage systems, and attentive estate security.
Neighborhood: Epe Resort & Spa, St. Augustine University, Atlantic Hall Schools, and Isimi Lagos,
Units & Prices
- 300 SQM : N6.5M
- 600 SQM : N13M
Initial Deposit:
N1M
Payment plan: 0-3months
Dominion Foreshore Estate provides another prime avenue to secure your financial legacy against the effects of inflation. Nestled in Oke-Osho, Epe-Lagos State, this estate offers the serene charm of lagoonfront living, within reach of the city’s opportunities.
Title: Registered survey and Certificate of Occupancy (C of O) in view
Features: Dominion Foreshore Estate unfurls in three exciting series. The Beginning features a sports center with a lawn tennis court, swimming pool, basketball court, table tennis court, and a mini football pitch, all powered by solar energy. The Nexus is adorned with green areas, a cinema, work center, clinic, and a mall. While the Apex, with its lagoonfront allure, offers a resort center, gym/spa, and a lounge.
Development Timeline: Within 1 to 3 years,
Units & Prices
- 300sqm: N4.8m
- 500sqm: N8m
- 1000sqm: N15.5m
Initial Deposits:
- 300sqm: N1m
- 500sqm: N1.5m
- 1000sqm: N2.5m
Conclusion
As the economic landscape in Nigeria continues to contend with rising inflation, the importance of inflation-resistant investments cannot be overstated. Land investment, especially in Epe with its strategic location, infrastructure development, and growth prospects stands out as a tried-and-trusted way to preserve and potentially grow your wealth, offering high return on investment.
If you have any enquiries or would like to speak to a professional real estate agent, our team of experienced brokers are available 24/7. Don’t hesitate to reach out!
