From Ikoyi to Ibeju-Lekki: Why Lagosians Now Buy More Land Than Clothes
In Lagos, fashion is a serious business. From Aso-Ebi that clears your account to the latest Italian shoes, Lagosians love to show off. But guess what’s even more fashionable these days? Buying land. Yes, from the glitz of Ikoyi to the emerging buzz in Ibeju-Lekki, Lagosians are ditching closet investments for concrete ones.
Land as the New Gucci
Just like designer bags, land appreciates in value. Except unlike your LV handbag, your plot in Ibeju-Lekki won’t go out of style. In fact, it might just double in value faster than you can say, “Eko for show!”
Why Everyone Is Running to Ibeju-Lekki
- Industrial Hub: With Dangote Refinery and the Lekki Free Trade Zone, Ibeju-Lekki is pulling more investors than the latest iPhone launch.
- Affordability: A slice of Ikoyi might cost the same as 50 slices of Ibeju-Lekki. Guess where the smart money is going?
- Future Growth: Migration patterns show Lagosians are spreading out. Ibeju-Lekki is the “London of tomorrow.”
The Fashionable Investor’s Secret
Just like you need to know a good tailor, you need the right developer. Buy verified plots, avoid shortcuts, and ensure documents are clean. That way, your land investment won’t turn into “borrowed agbada.”
Conclusion
In Lagos today, the most fashionable accessory isn’t the new sneaker drop—it’s a C of O. If you really want to be trendy, start stacking plots, not outfits. After all, when you retire, your duplex will still be standing. Your designer shoes? Probably in Oshodi second-hand market.
