Arepo is a satellite town off the Lagos/Ibadan Expressway in Obafemi Owode Local Government Area of Ogun State. It is a delightful place to live in due to its classic nature and the type of magnificent structures erected in the town.
The city is a bubbling environ and boasts of some amazing restaurants, recreation parks, relaxation centers, shopping malls, to mention a few.
Arepo is a fast developing district and smart investors are keying into exploring the future realty benefits it has to offer. A few years back, lands at Arepo sold for as low as N800,000. Seeing an upsurge in development, and owing to the ever-growing population of Lagos state, a plot of land at Arepo now cost as much as N15m. The location is also referred to as the new Magodo.
Arepo is approximately 20 minutes drive from central Ikeja and home to over 4,000 residents. It is a perfect location for middle-class citizenry who want to live close to the Lagos capital thus making commuting stress-free. No one loves to spend those long hours in holdups.
In this article, we’ve highlighted five reasons why you should invest in Arepo.
1. HIGH RETURN ON INVESTMENT
Investing in Real Estate any day anytime is a smart way of yielding steady inflow of cash, It’s amazing how much a plot of land in Arepo is selling as at now unlike before now. With a fast developing area like Arepo, which is close to the busiest economic cities in Africa, there is no doubt on the financial return on investment that will be generated from your investment in it.
2. YOU WON’T HAVE TO DEAL WITH TRAFFIC
We all know how much time is spent on traffic in Lagos, the traffic in Lagos can be really frustrating, it will only be wise to leverage areas close to Lagos as time spent on traffic on a daily basis can be totally reduced and your time can be channeled to more productivity.
3. CLOSE PROXIMITY TO LAGOS
The proximity of Lagos to Arepo gives the area the opportunity to reap the benefits of being close to Nigerians commercial nerve center. And it is steady leveraging on this, as already seen in the price of its properties which will continually increase.
4. AREPO IS SERENE AND COOL
The lack of large expanses of land, the clutter, noise, and many individuals and organizations in Lagos is a good reason to invest in Arepo, Arepo offers serenity, fresh air, a cooler environment than
Lagos and a fantastic return on investment as the prices on houses are relatively cheap.
5. LUXURY ESTATES
Arepo has a considerable number of popular luxury estates, some of which are Journalist Estate, Voera Estate, Praise hill Estate, etc.
The fact that these estates are in Arepo tells you the area is fast becoming a hot cake. It is equally important to note that some notable organizations like punch office, channels tv, etc are located in Arepo.
In conclusion, Arepo is not just a cool place to be or live in but the next best choice for Nigerians who work in the Center of Excellence and are looking for stress-free ways to commute within the city. There’s also a host of affordable properties you can key into and start building on the go.
People are taking advantage of the opportunity to invest in Arepo and it has over a few years proven to be a promising point for real estate investors.