The Lagos State Government recently signed a significant deal with investors to construct a new airport in the Lekki-Epe area. Governor Babajide Sanwo-Olu described the project as a game-changer for the state, highlighting how it will enhance connectivity and drive rapid economic development.
The airport is expected to accommodate up to 5 million passengers annually, contributing to the expansion of trade and tourism in the region. Governor Sanwo-Olu emphasized, “This airport is a critical infrastructure that will complement the Lekki Free Trade Zone and catalyze further investments in the state.”
Real Estate Impact
The construction of an airport in Lekki will inevitably lead to a surge in demand for real estate in the surrounding areas. Key impacts include:
1. Increase in Property Value: The airport will boost the value of properties in the Lekki-Epe axis as the area becomes more accessible and attractive to investors and homebuyers.
2. Boost in Commercial and Residential Developments: With improved connectivity, the demand for commercial spaces, hotels, and residential homes will increase significantly.
3. Rise in Rental Income: As the area attracts more businesses and residents, rental yields are expected to soar, making it a lucrative market for property investors.Coastview Meadows Estate Phase 2 by Heritage Homes is strategically positioned opposite the new Lekki International Airport, and it offers commercial and residential plots of land of various sizes.
The land is Lagos State government allocation with a Certificate of Occupancy.
Contact Heritage Homes today to invest in Coastview Meadows Phase 2 before the prices shoot up. Don’t miss out on this golden opportunity to own prime real estate in Lagos’ fastest-growing corridor.