7 Smart Tips for Buying Real Estate in Ibeju-Lekki (Without Regrets)
Ibeju-Lekki, often called the “New Lagos”, is one of the fastest-growing real estate corridors in Nigeria. With developments like the Lekki Free Trade Zone, Dangote Refinery, Lekki Deep Sea Port, and new coastal highways, this region is attracting investors from Lagos, across Nigeria, and even abroad.
But with opportunities also come risks. Many buyers rush into deals without proper checks, and end up losing money to land disputes, “omo onile” issues, or fraudulent sellers.
Here are 7 smart tips to help you buy land or homes in Ibeju-Lekki safely and profitably:
- Verify Title Documents
Never buy on word-of-mouth promises. Always ask for legal documents such as:
Certificate of Occupancy (C of O)
Governor’s Consent
Registered Survey Plan
Deed of Assignment
Work with a lawyer or trusted consultant to verify these at the Lagos State Land Registry.
- Inspect the Property Physically
Don’t rely only on flyers or videos. Visit the land/home yourself (or send a trusted representative). Check:
Is it free from waterlogging/flood-prone areas?
Are there fences or signs of disputes?
Does it match the survey plan?
- Buy From Trusted Developers or Agents
Fraudsters often resell land they don’t own. Always deal with registered real estate companies or credible agents with track records. At JT-Wills Properties, for instance, we organize site inspections so buyers see what they’re paying for.
- Consider Proximity to Infrastructure
Properties near roads, highways, or upcoming projects like the Lekki-Epe Expressway expansion appreciate faster. Even if slightly costlier today, it will be worth more in a few years.
- Think Long-Term Investment
Don’t only buy for today. In 3–5 years, Ibeju-Lekki will look very different. Look for locations near industrial hubs, estates, schools, and markets. These are the spots that will grow fastest.
- Secure Your Property Immediately
Once you buy, fence your land or build a gate. This helps prevent encroachment or multiple sales of the same plot. If buying a home, move in or rent it out quickly.
- Use Flexible Payment Plans (But Stay Cautious)
Many developers now allow installment payments. This is good, but ensure terms are clear. Avoid paying full amounts upfront without proof of allocation.
Final Word
Ibeju-Lekki real estate is booming, but only smart buyers will enjoy long-term gains. Follow these tips, ask the right questions, and partner with trusted professionals.
At JT-Wills Properties Consulting, we help buyers secure safe and profitable real estate investments with confidence.
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