As a real estate investor, you’ve probably heard about the Lagos-Calabar Coastal Road project, a massive 700km expressway stretching from Lagos to Calabar, passing through several key states along the coast.
But beyond the headlines, let’s talk about what matters how this project will affect real estate prices, and why you should pay attention right now.
1. Boost in Land Appreciation.
Infrastructure is the heartbeat of real estate growth, and this coastal road is about to supercharge property values in areas along its path. Just like the Lekki-Epe Expressway transformed Ibeju-Lekki and Epe, the Lagos-Calabar road will bring similar growth to places along the coastal stretch, including Lagos, Ogun, Ondo, Delta, Bayelsa, Rivers, Akwa Ibom, and Cross River.
Properties in these areas, especially those currently seen as remote or underdeveloped, will soon become hot investment zones. Early investors are likely to see massive appreciation in 5-10 years as development accelerates.
2. Increased Demand for Residential & Commercial Spaces.
A major expressway like this means faster and easier movement of people and goods. Businesses will thrive, industries will expand, and more people will be looking for housing, office spaces, and commercial buildings along the route. Think about how Lekki’s real estate boom was driven by improved road networks the same will happen here!
If you own land or property in areas close to the project route, expect a surge in demand as more people move in for work, business, and tourism.
3. The Rise of New Economic Hubs.
The Lagos-Calabar Coastal Road will unlock economic opportunities in many currently overlooked coastal areas. New towns and business districts will spring up, just like we’ve seen in Ibeju-Lekki with the Dangote Refinery, Lekki Free Trade Zone, and Deep Seaport.
If you’re an investor looking for affordable lands with future growth potential, now is the time to secure plots in these emerging locations before prices skyrocket.
4. Improved Tourism & Hospitality Sector.
Nigeria’s coastal regions have some of the most beautiful beaches, resorts, and natural attractions, but accessibility has always been a challenge. With this expressway in place, we will see a huge boost in tourism, leading to demand for hotels, resorts, short-term rentals, and beachfront properties.
If you’ve ever considered investing in beachfront real estate, this road project makes it a no-brainer. Prices are still relatively low, but once the road nears completion, expect a massive price hike.
5. Job Creation and Population Growth.
Where roads go, people follow. The construction and operation of the Lagos-Calabar Coastal Road will create thousands of direct and indirect jobs, attracting workers, professionals, and businesses to the surrounding areas.
As population grows, so will the demand for affordable housing, rental properties, and commercial spaces. If you own land in these regions, rental income will be a goldmine in the coming years.
Why You Should Invest NOW??
- Early investors always get the best deals – Right now, lands along the project’s path are still affordable.
- Price hikes are inevitable – As development progresses, property prices will soar.
- Long-term profitability – Whether you buy to hold, build, or resell, this project guarantees value appreciation.
The Lagos-Calabar Coastal Road is a game changer. Just like how the Lekki-Epe corridor transformed into a real estate goldmine, this new expressway will open up new investment frontiers across Nigeria’s coastal states.
If you’ve been thinking about investing in real estate, now is the time to act.
The best deals are available before development fully kicks in. Let’s position you for massive returns because when this road is fully functional, you’ll be glad you invested early.