Current Cost Of Buying And Selling Land In Ado-Ekiti, Ekiti State (Updated Prices, 2025)
Ado-Ekiti, the capital of Ekiti State, is experiencing steady growth in its real estate market. As the economic and administrative hub of the state, the city has become a hotspot for land buyers, investors, and developers looking for affordable yet appreciating properties.
If you’re considering buying or selling land in Ado-Ekiti, this guide provides updated 2025 land prices, investment insights, and expert recommendations to help you make informed decisions.
Overview of the Real Estate Market in Ado-Ekiti
Ado-Ekiti’s real estate market is expanding rapidly due to:
- Urbanization and infrastructural development by the state government.
- Increasing demand for residential estates, commercial buildings, and farmland.
- The presence of major institutions like Ekiti State University (EKSU) and Afe Babalola University (ABUAD).
Despite being a relatively affordable city compared to Lagos or Abuja, land prices in Ado-Ekiti are steadily rising as more investors recognize the potential of the region.
Current Land Prices in Ado-Ekiti (2025 Update)
1. Land Prices in Prime and High-Demand Areas
These areas are fully developed with good road networks, security, and high demand for housing and businesses.
- Fajuyi, Ijigbo, and Okeyinmi
- Residential land (500sqm – 1,000sqm): ₦10 million – ₦30 million.
- Commercial land (1,000sqm – 2,000sqm): ₦25 million – ₦70 million.
- Ideal for luxury homes, office spaces, and high-end commercial projects.
- Ajilosun, Adebayo, and Ilawe Road
- Residential land: ₦7 million – ₦20 million.
- Commercial land: ₦15 million – ₦50 million.
- Suitable for business centers, supermarkets, and private institutions.
2. Land Prices in Developing and Affordable Areas
These locations are growing rapidly and offer cheaper land with long-term investment potential.
- Iworoko, Odo-Ado, and Basiri
- Residential land: ₦3 million – ₦10 million.
- Commercial land: ₦10 million – ₦30 million.
- Best for real estate developers, rental property investors, and middle-class housing projects.
- Afao Road, Omisanjana, and Poly Road
- Residential land: ₦2.5 million – ₦8 million.
- Commercial land: ₦8 million – ₦25 million.
- Suitable for affordable housing projects and commercial investments.
3. Land Prices in Outskirts and Agricultural Areas
For those interested in farmland, industrial projects, or long-term land banking, these areas provide lower-cost options.
- Ikere-Ekiti, Ijan-Ekiti, and Igbemo-Ekiti
- Residential land: ₦1.5 million – ₦5 million.
- Commercial land: ₦5 million – ₦15 million.
- Farmland (Per Hectare): ₦500,000 – ₦3 million.
- Suitable for agriculture, agro-business, and industrial expansion.
Factors Influencing Land Prices in Ado-Ekiti
Several factors affect land prices in Ado-Ekiti, including:
1. Location and Infrastructure
- Areas with tarred roads, streetlights, and access to water and electricity are more expensive.
- Developing areas with planned infrastructure projects offer lower prices but have higher appreciation potential.
2. Proximity to Key Landmarks
- Land near ABUAD, EKSU, major markets, and government offices is in high demand.
- Proximity to highways and business districts increases land value.
3. Government Policies and Urban Development Plans
- State-backed projects such as new roads, housing estates, and commercial hubs impact land value.
- Zoning laws affect whether land can be used for residential, commercial, or agricultural purposes.
4. Security and Neighborhood Appeal
- Gated communities and estates attract premium buyers.
- Crime-prone areas have lower land prices due to security concerns.
5. Land Title and Documentation
- Titled land with a Certificate of Occupancy (C of O) or Governor’s Consent is more expensive.
- Untitled land is cheaper but may come with legal risks.
Buying and Selling Land in Ado-Ekiti: Step-by-Step Guide
How to Buy Land in Ado-Ekiti
- Define Your Budget and Purpose
- Decide whether you need land for residential, commercial, or investment purposes.
- Choose a Strategic Location
- Consider infrastructure, accessibility, and future appreciation potential.
- Verify Ownership and Legal Documentation
- Ensure the land has a C of O, Deed of Assignment, or Registered Survey.
- Confirm details with the Ekiti State Lands Bureau.
- Conduct a Physical Inspection
- Visit the site to check for road access, flooding risks, and neighborhood development.
- Negotiate and Secure Payment
- Work with a real estate agent or lawyer to ensure a safe transaction.
- Obtain Legal Documents and Register Ownership
- Process Governor’s Consent and register the land at the Ekiti State Land Registry.
How to Sell Land in Ado-Ekiti
- Set a Competitive Price
- Research similar land sales to determine a fair asking price.
- Ensure Proper Documentation
- A valid C of O or Registered Deed increases buyer confidence.
- Advertise Effectively
- Use real estate agents, property websites, and social media for better visibility.
- Negotiate and Close the Deal
- Sign a legal sales agreement and receive payment securely.
- Transfer Ownership and Register the Sale
- Issue a Deed of Assignment and complete the legal transfer process.
FAQs About Buying and Selling Land in Ado-Ekiti
1. Is land in Ado-Ekiti a good investment?
Yes! The city’s growing economy, government projects, and rising property demand make it a profitable real estate market.
2. What is the cheapest area to buy land in Ado-Ekiti?
- Ijan-Ekiti, Ikere-Ekiti, and Omisanjana offer some of the most affordable land options.
3. How can I avoid land fraud?
- Verify land titles at the Ekiti State Lands Bureau before making payments.
- Work with a real estate lawyer or registered agent.
4. What documents do I need to buy land in Ado-Ekiti?
- Certificate of Occupancy (C of O)
- Deed of Assignment
- Survey Plan
- Governor’s Consent (if applicable)
5. Can non-indigenes buy land in Ado-Ekiti?
Yes, but they should follow legal procedures and obtain proper documentation.
6. Does Ado-Ekiti have land suitable for farming?
Yes, farmlands in Ijan-Ekiti, Ikere-Ekiti, and Igbemo-Ekiti are available at affordable rates.
Final Thoughts
Ado-Ekiti offers affordable yet appreciating land prices, making it an attractive market for real estate investors. Whether you’re buying for personal use, business, or future resale, choosing the right location, verifying documents, and following legal processes is key to a successful investment.
With growing infrastructure, increasing demand, and government-backed development, investing in land in Ado-Ekiti in 2025 is a smart financial move!
