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Posted by Henry on Saturday April 27, 2013 11:55:16:

I have money to invest in Land now that they are cheap and both Lekki and Ikorodu both come at similar prices. There are land plots at Agbara selling for N600,000 and there are also some selling for same value in estates in Ikorodu. Which one should I buy?


Comments:
1
Re: Should I buy land in Ikorodu or Lekki? Posted by Biodun on Saturday April 27, 2013 at 11:58:12:

One advantage os buying land in Ikorodu is that it mostly doesn't require sandfilling. Land in Lekki is mostly swampy and is prone to flooding. When you consider the effects of global warming and flooding, Ikorodu seems safer.


2
Re: Should I buy land in Ikorodu or Lekki? Posted by Nonso Dike on Saturday April 27, 2013 at 11:59:30:

Land in lekki has more potentials for your assets and you can always sell it in the future after it appreciates. Lekki or Agbara is the main place to be in the future. Ikorodu is just a local place


3
Re: Should I buy land in Ikorodu or Lekki? Posted by Sola on Saturday April 27, 2013 at 12:0:36:

I prefer buying from Ikorodu than Lekki because Lekki can easily be flooded unike Ikorodu. Besides the cost of doing a foundation in Ikorodu is quite cheaper unlike Lekki


4
Re: Should I buy land in Ikorodu or Lekki? Posted by Ganiyu on Saturday April 27, 2013 at 12:1:50:

Agbara land is more likely to appreciate in the short term unlike Ikorodu which may take more time to appreciate.


5
Re: Should I buy land in Ikorodu or Lekki? Posted by Felix on Saturday April 27, 2013 at 12:2:47:

If you are focusing on buying land for residential purposes, I sugget going to Ikorodu but Agbara may be better for business due to its closeness to central lagos





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