•What City People Found Out
In recent years, Ibadan has experienced a significant transformation in its real estate sector. Once seen as a quieter alternative to the bustling metropolises of Lagos and Abuja, Ibadan is now active with construction projects. Major developers are reshaping the city’s skyline by introducing modern residential estates, shopping malls, and office complexes.
As Nigeria’s third-largest city, Ibadan offers substantial opportunities for property investment, whether residential, commercial, or land-based. The city’s development and cost-effectiveness make it an appealing destination for both short-term and long-term.
Government policies are also attracting real estate investment to the city, encouraging many investors to engage more in the state. Land titles and documentation in Oyo State are straightforward and easily accessible.
Presently some locations in Ibadan are fast growing by the day and if you’re a seasoned investor or a newcomer to the real estate market, this must be some areas or locations you must consider, especially if you want a long term investment. Below are few of the locations
ELEBU: Elebu is a growing and developing area that is getting a lot of attention from investors. It is a rapidly growing area, perfect for residential and commercial investment purposes, it’s proximity to the busy Akala Expressway and Oluyole Extension makes it a hotspot as investor’s delight. Some of the reasons why investors are rushing to the Elebu area are : affordability, good layout and essential amenities like supermarkets, hospitals, hotels and recretion centres. It is indeed in high demand for housing and commercial purposes.
OMI-ADIO: Omi Ado, is equally a nice destination in Ibadan for real estate investment. It is located along the Ibadan-Abeokuta Expressway. Omi-Adio is a popular choice for those seeking a peaceful environment. Some of the benefits of investing in Omi Adio is that, it has low population density. Omi Adio has affordable cost of living, easy access to Ogun State, growing demand for residential and commercial properties.
AKARAN ONA-ARA; This location is one of the most sought after when it comes to long term investment now in Ibadan, as many businesses have sprung up in that axis. Akaran Ona-Ara is strategically located near the popular Ilaji Hotel and Resort, driving development in the area. The expected influx of visitors to the resort makes it an excellent investment opportunity. Also, some of the benefits of the locations include: affordable land prices, growing tourism industry etc
OLOGUNERU: Ologuneru, is anotber location to consider when you want to buy property in Ibadan. It’s a fast-growing community within the Ido local government area. With many estate properties and development projects, it offers numerous investment opportunities. The benefits of the location include: Serene environment, cheap food prices, growing demand for residential and commercial development.
MONIYA: Moniya has gained popularity due to the establishment of the railway linking Ibadan to Lagos. The presence of the International Institute of Tropical Agriculture (IITA) and Ibadan radio station (Amuludun FM) add to its allure. The area offers: easy transportation to Lagos, growing demand for residential and commercial properties.
LAMINI APETE; Lamini Apete is a rapidly growing area, home to the popular Life Forte International High School. The area offers: serene environment growing demand for educational institutions residential developments and affordable land prices.
NEW GARAGE IBADAN: New Garage Ibadan is a commercial area with excellent investment opportunities, offering easy access to notable locations in Ibadan. The area is a direct link to many popular places, making it an attractive option for both commercial and residential purposes. Investors stand to enjoy high demand on commercial properties, growing retail industry and affordable land prices.
Some new estates have also emerged, some of them include: TREASURE ISLAND ESTATE, MONIYA IBADAN: The ancient city of Ibadan is renowned for its bustling lifestyle, blending both ancient and modern architecture. In Moniya, the firm Arc-View has introduced a relatively new estate development called Treasure Island Estate, designed to meet the demand for a functional living environment in Ibadan. The project aims to promote a lifestyle of decent low- and middle-income living. Located along the Oyo-Iseyin Road, Treasure Island Estate is being offered at a promotional price of N1.5 million per plot. Its proximity to the city center and easy access to landmarks such as the University of Ibadan, Cocoa House, and Mapo Hall make investing in this estate a promising opportunity.
LEGACY ESTATE: Another noteworthy development is Legacy Estate, located near Akobo GRA in Ibadan. This estate is just under an hour’s drive from the hectic traffic of Lagos, offering a serene and quiet environment. Ibadan is a favored city among many Yoruba people in Nigeria. Legacy Estate is one of the newer and more popular estates in Ibadan, where real development is actively taking place, making the process of acquiring land smooth and straightforward.
OMOLUABI ESTATE: Omoluabi Estate represents a prestigious residential development that sets a new standard for luxury living in Ibadan. This prime location offers a unique blend of elegance, comfort, and tranquility, perfect for those seeking a sanctuary to call home.
LANDMARKS: Notable landmarks include Zatech Company, the University of Ibadan, Onido Palace, Ido Local Government, and Eleyele Roundabout.
MKH CITY:MKH City stands out as one of the best developing estates in Oyo State. This avant-garde residential estate is developed by MKH Properties Limited and spans 40 acres. Upon completion, it is expected to be one of the largest housing and land investments in Ibadan, showcasing a harmonious blend of nature, class, and modernity, along with top-notch facilities that appeal to a diverse range of residents.
GREENLAND ESTATE: Greenland Estate features various amenities and offers 114 housing units of varying sizes, making it a highly sought-after location for land acquisition.
Another exceptional project is Lushville Estate, designed to provide a mix of modern living and serene environments. With state-of-the-art amenities and green spaces, this estate focuses on delivering a premium lifestyle for its residents and subscribers.
Estate Attractions:Parks and gardens, an artificial lake, schools, an estate clinic, reserved green areas, a tech hub, and a commercial hub are just a few of the attractions available within these estates.
Isaac Abimbade
08155107955
