Epe is the Lagos' eastern frontier of opportunity, transforming from a quiet fishing town into a strategic growth corridor under the Lagos State Development Plan. Located 89km northeast of Lagos Island along the Lekki Lagoon, this historic settlement was founded by 18th-century warlord Kosoko and now serves as the gateway to the Lekki Free Trade Zone and Dangote Refinery Complex.
Ibeju-Epe focuses on eco-tourism and recreation, featuring attractions like the Epe Mangrove Boardwalk and Eleko Beach. These natural attractions draw visitors from Lagos and support local tourism businesses.
Resorts, including La Campagne Tropicana and Lekki Leisure Lake, provide accommodation and entertainment for tourists while creating employment opportunities for local residents.
The Epe real estate market in 2025 offers exceptional value for money, particularly for buyers seeking waterfront properties and agricultural land. Understanding current market conditions helps potential investors and residents make informed decisions.
| Property Type | Price Range | Annual Rental Range |
| Waterfront land (per plot) | ₦4M - ₦15M | -- |
| 3-bedroom apartment | ₦8M - ₦22M | ₦300K - ₦900K |
| Farmland (per acre) | ₦1.5M - ₦5M | -- |
| Industrial warehouse | ₦8K - ₦20K/sq.m annually | -- |
These prices reflect Epe's position as one of Lagos' most affordable areas for quality land and properties, particularly for waterfront and agricultural investments.
Epe Marina Zone experienced 35% appreciation in 2024, making it the area's strongest performing real estate sector. The zone benefits from a waterfront location and planned marina development.
LFTZ Buffer Communities show high demand for worker housing due to the massive Dangote Refinery and associated industrial developments. Properties in these areas offer strong rental potential for investors targeting industrial workers.
Eleko Beach Corridor continues experiencing tourism-driven value growth, benefiting from increased visitor numbers and hospitality development.
Industrial Gentrification is occurring as refinery staff and other industrial workers purchase homes in Epe, creating sustained demand for middle-class housing. This trend supports property values and rental markets.
Agro-Tourism is gaining popularity, with farmstay accommodations and agricultural tourism creating new property investment opportunities. This trend combines agriculture with hospitality for unique investment approaches.
Coastal Luxury development by Lagos developers is introducing higher-end beachfront estates, gradually raising the area's profile and property values.
Transportation infrastructure significantly impacts Epe residents' daily lives and the area's economic development. Understanding current connectivity and planned improvements helps residents and investors evaluate the area's potential.
The Lekki-Epe Expressway provides the primary connection to Victoria Island, covering 55km with travel times ranging from 90 to 120 minutes depending on traffic conditions. This expressway serves as the economic lifeline connecting Epe to Lagos' commercial centers.
The Epe-Ijebu Ode Road connects Epe to Ogun State, facilitating interstate commerce and providing alternative routing for goods and passengers. This connection supports regional trade and economic integration.
The Epe-Ajah Coastal Road is currently under construction and will provide an alternative route to Lagos, potentially reducing travel times and improving connectivity. This project represents a significant infrastructure investment in the area.
The Lekki-Epe International Airport represents a $350 million investment that will create approximately 5,000 jobs and establish Epe as an aviation hub for the region. This project will dramatically improve the area's accessibility and economic prospects.
The Lagos Light Rail Extension proposes extending rail service to Epe by 2028, providing residents with direct rail access to Lagos Island and other parts of the state. This development would transform commuting options for residents.
Peak Hour Traffic creates bottlenecks at Eleko Junction, particularly during morning and evening rush hours when industrial workers commute to and from the LFTZ facilities.
Last-Mile Connectivity within Epe remains limited, with inadequate public transportation for moving within the area. This challenge affects residents' mobility and access to services without private vehicles.
Epe offers a lifestyle that combines traditional Nigerian culture with modern conveniences and natural beauty. The area's amenities support both daily living needs and recreational activities for residents.
Epe Fish Market is recognized as one of West Africa's largest fish markets, providing residents with access to fresh seafood and supporting thousands of livelihoods. The market attracts buyers from across Lagos State and neighbouring countries.
Oja-Oba Market serves daily shopping needs for residents, offering fresh produce, household goods, and local products. This traditional market maintains competitive prices and supports local vendors.
White House Restaurant specializes in local Nigerian cuisine, providing residents with authentic dining experiences featuring fresh local ingredients and traditional recipes.
Lagoon Breeze Café offers waterfront dining with scenic lagoon views, creating a relaxed atmosphere for meals and social gatherings. The café serves both local and continental dishes.
The dining scene in Epe continues expanding as the population grows and tourism develops, creating opportunities for restaurant entrepreneurs and food service businesses.
Eleko Beach and Akodo Beach provide residents with pristine Atlantic coastline for swimming, fishing, and beach recreation. These beaches offer free recreational opportunities and support water sports activities.
Cultural Sites, including Oluwo Epe Palace and Kosoko Heritage Museum, offer educational and historical experiences that connect residents with local history and traditions.
The annual Oluwo Fish Festival celebrates the area's fishing heritage and creates community bonding opportunities while attracting visitors from across the region.
