Looking for a real estate investment strategy with low entry cost and high returns? Land banking might be exactly what you need — especially in a booming city like Lagos.
At TBIL Property, we help investors tap into land banking opportunities in Lagos and surrounding corridors that are poised for growth. This article explains how land banking works, why Lagos is ideal for it, and how you can double or triple your investment in as little as 2–3 years.
What is Land Banking?
Land banking is the strategic purchase of undeveloped land in anticipation of future appreciation. It’s one of the oldest forms of real estate investment — and in Lagos, it’s gaining popularity for good reason.
Why Land Banking Works in Lagos
Lagos is Nigeria’s fastest-growing urban economy, with an estimated 3,000 people moving into the city daily. Yet land supply is limited — especially in key developing areas like:
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Epe
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Ibeju-Lekki
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Sangotedo
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Agbowa
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Ketu-Ereyun
These corridors are experiencing massive infrastructure development, such as:
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Dangote Refinery & Lekki Deep Sea Port
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Lagos State Agricultural Processing Zone (LAPZ)
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New roads, expressways, and bridges
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Real estate estates springing up monthly
As development spreads outward from central Lagos, land bought at ₦500k–₦2M today could sell for ₦4M–₦6M within 2–3 years.
Example: Real ROI from Land Banking
In 2021, TBIL Property helped clients purchase plots in Ketu-Ereyun at ₦800,000. By early 2024, the same plots sold for ₦3.2M — a 300% ROI in less than 3 years.
The same pattern is playing out today in Epe and other satellite towns.
Where to Land Bank in Lagos in 2025
Here are our top locations for smart land banking this year:
| Location | Avg. Entry Price (per plot) | ROI Potential (3 Years) | Key Projects Nearby |
|---|---|---|---|
| Epe | ₦3M – ₦9M | 2x – 4x | Epe Marina, Film City, food hub |
| Agbowa | ₦3M – ₦8M | 2x – 3x | Road expansion, estate clusters |
| Ibeju-Lekki | ₦10M – ₦13M | 2x – 3x | Refinery, port, Free Trade Zone |
| Ketu-Ereyun | ₦850k – ₦5M | 2x – 4x | Expressway, housing development |
| Eleran Igbe | ₦2M – ₦5.5M | 2x – 3x | Film City, new estates |
Common Mistakes to Avoid
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Buying without verifying title or survey
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Investing in inaccessible land
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Falling for “too cheap to be true” offers
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Not using a trusted real estate partner
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Expecting instant returns — land banking is mid- to long-term
How TBIL Property Helps You Succeed
At TBIL Property, we go beyond listings:
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We source secure, appreciating land with real growth potential
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We verify titles, coordinates, and seller authenticity
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We help you plan your exit strategy — resale, development, or JV
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We offer post-purchase support (survey, fence, resell, etc.)
Want a custom land banking strategy? Contact us now to speak to our investment team.
Is Land Banking Better Than Buying Developed Property?
| Criteria | Land Banking | Buying Built Property |
|---|---|---|
| Entry Cost | Low | High |
| ROI in 2–3 Years | High (2x–4x) | Moderate (rent income) |
| Risk Level | Medium (if verified) | Medium-High (market shift) |
| Development Flexibility | High | Limited |
Land banking in Lagos is ideal for patient investors, land flippers, and diaspora buyers looking to build wealth steadily.
Final Tips for Successful Land Banking
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Choose growth corridors, not remote villages
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Ask for layout plans and documentation before payment
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Buy in bulk if possible — appreciation multiplies
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Don’t wait for development to be complete — buy ahead of time
Ready to Start Land Banking in Lagos?
Smart investors are already buying plots today that will triple in value by 2027. Will you be one of them? Call or WhatsApp TBIL Property now to schedule a virtual inspection
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