Is Epe or Ibeju-Lekki a Good Investment in 2025? Expert Review by Dennis Isong

Is Epe or Ibeju-Lekki a Good Investment

in 2025? Expert Review by Dennis Isong

In 2018, a man named Uncle Bayo bought two plots of land in Ibeju-Lekki for what many called “chicken change” at the time—₦600,000 per plot. His friends laughed, calling it “a bush investment.” Today, Uncle Bayo’s two plots sit just minutes from the Lekki Deep Seaport and the

Dangote Refinery. He isn’t laughing anymore—he’s negotiating offers in the tens of millions.

That’s the story of Ibeju-Lekki. But now in 2025, a question echoes across Lagos: Is Epe or Ibeju-Lekki a Good Investment in 2025? Expert Review will help you figure that out.

Let’s talk about it like we’re sitting under a mango tree together, no hype—just the truth.

The Rise of Ibeju-Lekki

Ibeju-Lekki has long been dubbed “the new Lagos.” That name didn’t just come out of thin air.

The area began its transformation years ago with strategic government and private investments.

Major players like the Lekki Deep Sea Port, Dangote Refinery, and Lekki Free Trade Zone have turned what used to be thick bush and dusty roads into a busy industrial corridor.

By 2025, a lot has happened. The refinery is operational, the deep seaport is functional, and infrastructure—while not perfect—is catching up. If you drive through some parts, especially

around Eleko and Alaro City, you’ll see well-laid roads, ongoing estate developments, and trailers moving goods.

So yes, Ibeju-Lekki has matured to some extent. Land prices reflect that maturity. What was ₦600k is now selling for ₦20 million or more in strategic spots. But herein lies the catch: Is it

too late to invest? Or is it still wise?

Epe: The Silent Mover 

Now let’s shift gears to Epe. Quiet. Historical. Overlooked. Until recently.

Epe is the sleeper giant—like a second son no one paid attention to until he started speaking with

wisdom. Once known mostly for fish markets and traditions, Epe is now rising thanks to strategic spillover from Ibeju-Lekki. Roads have improved dramatically—especially the Epe-Ijebu-Ode expressway, which cuts down travel time and boosts business activities.

Lands in Epe are still relatively affordable. In some areas, you can still get a plot for ₦1.5 million

to ₦5 million, depending on the title and location. What’s drawing people in is not just the price—but the potential. Think of places like Ketu-Epe, Epe Resort axis, and Itokin. There’s also talk of universities, agricultural investments, and logistics hubs that may take off in the coming years.

Here’s a quiet fact investors are waking up to: if Ibeju-Lekki is now a semi-matured fruit, Epe is

the seed waiting to bloom.

Which Has More Potential in 2025?

To answer the question: Is Epe or Ibeju-Lekki a Good Investment in 2025?

 Expert Review, we must look at your goals.If you're looking for short-to-mid-term returns, Ibeju-Lekki might be your plug. With the ongoing operations of the refinery and seaport, rental and commercial opportunities will increase. But you’ll need deep pockets to enter that market now, and land titles are more expensive. There’s also more competition, and some areas are already saturated.

But if you’re playing the long game, Epe gives you breathing space. It's like buying Ibeju-Lekki in 2015. The roads are better. Developments are steady. And you’re likely to get more square meters for your naira.

Epe is also attracting tech-minded youth and agropreneurs. Places like the Epe Marina project and Michael Otedola College expansion point to future demand. With time, Epe will not just be 

“near Ibeju-Lekki”—it will be its own brand.

Real Challenges You Should Consider

Let’s not sugar-coat things.

Both Ibeju-Lekki and Epe still face real Nigerian issues—land grabbing, Omo-Onile wahala, title

issues, and infrastructure gaps. If you don’t do your due diligence, you may regret even a "sweet"

deal. Always verify land titles, inspect locations in person, and work with trusted realtors. Yes,

like yours truly (I had to slide that in).

Also, you’ll need patience. Property investment is not buying gala and coke. You’re planting

seeds that may take years to germinate. Many people gave up on Ibeju-Lekki in 2017 when all

they saw were bushes. Today, those bushes are blooming estates.

So, Is It Epe or Ibeju-Lekki?

Here’s the honest expert take:

If you want high-risk, high-reward with faster appreciation, and you have the funds to enter

big, Ibeju-Lekki is still worth looking into—especially around Eleko, Alaro City, and close to the

Free Trade Zone. But be sharp. It’s no longer a “cheap” area.

If you want strategic, lower-entry investments with long-term growth, Epe is your best bet in

2025. It’s still early days, but the signs are all there—good roads, peaceful environment,

educational institutions, and the silent migration of Lagosians seeking peace away from the chaos.

In either case, land doesn’t depreciate. People will always need where to build, live, farm, or

work. The real key is not whether it's Epe or Ibeju-Lekki—it’s how smart you go about it.

How to Choose Between the Two

Now that we’ve weighed both sides, let’s make this even simpler. Choosing between Epe and

Ibeju-Lekki isn’t just about trends—it’s about matching your personal goals with the righAsk yourself: What is your investment horizon? If you’re looking to resell quickly or earn from

rentals in the next three to five years, Ibeju-Lekki—with its commercial draw and influx of

workers—might be better suited for you. The seaport and refinery are magnets for business, and

that demand creates value fast.

But if you’re playing the long game—maybe you’re thinking ten years down the line, or you just

want to secure land while prices are still low—then Epe gives you a fresh start. It’s calmer, more spacious, and still developing steadily. A smart investor might even split their capital: buy one

plot in Ibeju-Lekki for quicker returns, and another in Epe for future growth.

Also consider your risk appetite. Ibeju-Lekki comes with higher entry costs and stiffer competition. Epe allows more flexibility and less pressure. You can buy now and watch the

market grow at a pace that suits you.

Final Thoughts

Whether you’re investing for your children, looking to build in five years, or just securing your

money somewhere safe, land in Lagos outskirts—especially in Epe and Ibeju-Lekki—remains

one of the smartest moves you can make in 2025.

Don’t be like Uncle Bayo’s friends who laughed in 2018. Be like Uncle Bayo. Look beyond the

bush. See the future.

And if you're wondering who can help you choose right, help with due diligence, and walk you

through your real estate journey with honesty and sense?

Dennis Isong is a TOP REALTOR IN LAGOS.He Helps Nigerians in Diaspora to OwnProperty In Lagos Nigeria STRESS-FREE. For Questions WhatsApp/Call 2348164741041