How Lekki Deep Ports and Epe Airports Will Fuel Real Estate Growth in Nigeria

 

 

 

 

 

 

 

The completion of the Lekki Deep Sea Port and the planned Epe International Airport are more than transportation projects; they are powerful catalysts driving a surge in land value, population movement, and investor interest across Epe, Ibeju-Lekki, and beyond. These aren’t just government dreams; they’re tangible developments that are already shifting the real estate landscape in Nigeria.

 

Imagine owning land in a location where prices have already doubled in just a few years and are expected to double again, all fueled by the demand from workers, logistics firms, business travelers, and investors all pouring into these newly connected hubs.

Whether you’re looking for short-let income, long-term ROI, or commercial opportunities, this is where the smart money is headed.

 

In this article, we’ll break down how the Deep Sea Port and Epe Airport will reshape Nigeria’s real estate landscape and show you the exact locations and strategies to tap into the boom before the window closes.

The Projects in Focus

1. Lekki Deep Sea Port: Africa’s Gateway to Trade

 

 

 

 

 

The Lekki Deep Sea Port,  strategically located within the Lagos Free Trade Zone in Ibeju-Lekki, is one of the largest and most advanced maritime infrastructure projects in West Africa. Spanning over 90 hectares, the port is designed to handle 2.7 million TEUs (twenty-foot equivalent units) annually, making it a game-changer for Nigeria’s import and export landscape.

Unlike the congested Apapa and Tin Can Island Ports, which have long struggled with gridlock and inefficiency, the Lekki Port offers deeper berths, faster processing times, and world-class facilities that can accommodate larger vessels, including ultra-large container ships (ULCS).

This mega project is backed by both local and international investors, including the China Harbour Engineering Company, Tolaram Group, and the Nigerian Ports Authority, in a public-private partnership (PPP) model.

With its proximity to major infrastructure like the Dangote Refinery, Lekki Free Trade Zone, and proposed Epe International Airport, the port is expected to attract multinational companies, create over 170,000 jobs, and significantly reduce turnaround time for cargo in Nigeria.

For real estate investors, the Lekki Deep Sea Port is more than a maritime hub—it’s a catalyst that is already triggering massive land appreciation in surrounding areas such as Eleko, Akodo, Alaro City, and the Free Trade Zone corridor.

Developers are racing to build residential estates, commercial hubs, logistics parks, and shortlet apartments to accommodate the wave of economic activity the port will unleash over the next decade.

Key Highlights:
Commissioned in 2023, fully operational in phases

Backed by international investors (China Harbour Engineering Company, Tolaram Group)

Located near the Dangote Refinery, boosting industrial synergy

Real Estate Impact:

Surge in demand for staff housing, shortlets, and warehouses

Commercial boom in nearby areas like Eleko, Akodo, and the Free Trade Zone

Rapid land appreciation—up to 200% increase in 3 years

 

2. Epe International Airport: A New Gateway in the East

 

 

 

 

 

The proposed Epe International Airport is a bold move by the Lagos State Government to support economic activity in the Eastern Lagos corridor. The airport will serve both passengers and cargo, providing direct access to Epe, Lekki, and the Free Trade Zone.

Key Highlights:
Land allocated for development (approx. 3,500 hectares)

Positioned to serve industrial logistics, oil exports, and commercial travel

Closer to Ogun and Ondo state borders—wider investment reach

Real Estate Impact:
New residential estates are already springing up in anticipation

High demand expected for hotels, business centers, and logistics hubs

Epe land prices are already rising, with over 150% growth in locations like Ketu-Epe and Poka

How These Projects Will Fuel Real Estate Growth

The connection between massive infrastructure and property value is clear: where roads, ports, and airports go, growth follows.

 1. Population & Worker Migration
Ports and airports create thousands of direct and indirect jobs

Professionals, traders, and entrepreneurs will relocate to be closer to the action

This triggers demand for affordable and mid-range housing

 

 2. Commercial Real Estate Boom
Demand for warehousing, hotels, retail hubs, and office spaces will soar. Developers are targeting strategic corridors like the Lekki-Epe Expressway and Alaro City.

3. Land Banking & Capital Appreciation
Investors buying early in Epe, Ibeju-Lekki, and surrounding communities are already seeing land values double. As infrastructure nears completion, prices are expected to skyrocket.

Top Real Estate Locations to Watch

🔹 Epe

 

 

 

 

Affordable entry point with solid growth potential

Close to the proposed airport, schools, and trade routes

Ideal for land banking, residential estates, and shortlets

🔹 Ibeju-Lekki

 

Land for sale in Ibeju Lekki

 

 

 

 

Industrial corridor (Dangote Refinery, Free Trade Zone)

Commercial estates, serviced plots, and gated communities are on the rise

Highly attractive for rental income and resale value

🔹 Alaro City
Master-planned smart city

Offers commercial and residential plots

Backed by international investors and the Lagos State Government

🔹 Eleko-Akodo Axis
Near the seaport and logistics zones. Popular for luxury beach properties and resorts

 

Investment Opportunities & ROI Potential

 

If you’re looking to invest smartly, these areas offer multiple strategies:
Land Banking: Buy now, sell in 2–5 years when prices have doubled or tripled
Build-to-Rent: Target housing for workers, visitors, and SMEs
Shortlet Investments: With airport and port traffic, short-term rentals will thrive
Commercial Property: Build warehouses, office spaces, or shopping centers

 

Related: Why Real Estate Is a Top Choice for Long-Term Financial Investment

 

Expert Tips for Real Estate Investors

 

  • Buy before the infrastructure is completed. Once construction ends, prices may become unaffordable.
  • Work with verified developers and agents. Land scams are still a risk—ensure proper title and survey.
  • Think long-term. ROI is best when you hold for at least 2–4 years post-project completion.

Target strategic roads and corridors. Focus on lands close to expressways, junctions, and commercial zones.  If you are looking for affordable and documented dry lands to buy in Epe and environs, you can reach out to us! Our Epe lands come with an initial deposit and long-term payment plans that make you own lands with ease. For more enquiries and to get started, call 0809 784 5065  or send an email to info@thinkmint.ng. You can also connect with WhatsApp

 

 

Conclusion: Follow the Infrastructure, Find the Gold

The Lekki Deep Sea Port and Epe Airport are more than transport projects—they’re the engines of Nigeria’s next real estate revolution. Investors who recognize this early, position themselves wisely, and move before the crowd will enjoy exponential returns.

As Lagos continues to expand eastward, Epe, Ibeju-Lekki, and their surroundings will become the new investment capital of the region.

Now is the time to act. The infrastructure is moving. Don’t wait until the land triples again—get in while you still can.

Want to know the best places to buy land near these projects?

 

 

 

 

 

Ridgewood is your best shot. It is located in  Ketu-Epe,  one of the closest places to these projects, and it is 100% dry land.  It also boasts excellent facilities and amenities. Another great part?  it comes with an affordable initial deposit and a flexible payment plan you can spread across 6-12 months. To learn more, click here 

 

FAQs
1. Is the Epe airport project real?

Yes. The Lagos State Government has confirmed land allocation and planning. It’s part of the strategy to expand infrastructure beyond Lekki.

2.  How is the Lekki Deep Sea Port affecting real estate?
It’s driving up demand for housing, commercial spaces, and logistics centers, causing land prices to skyrocket.

3. Where should I invest first: Epe or Ibeju-Lekki?
Epe is more affordable and early-stage. Ibeju-Lekki is more developed but rising fast. A mix of both is ideal.

 

 

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