When it comes to real estate investment in Lagos and beyond, one of the most common questions buyers ask is:
👉 Should I buy land inside a gated estate or go for open lands?
Both options have their pros and cons, but your decision should depend on your goals, budget, and long-term plans. Let’s break it down:
🔒 Gated Estates
✅ Security & Peace of Mind – Fenced perimeters, restricted access, and estate security guards.
✅ Infrastructure – Paved roads, drainage, electricity, and sometimes water supply.
✅ Value Appreciation – Properties in estates often appreciate faster due to demand.
✅ Community Living – Organized layouts and higher standards of living.
Best For:
Homebuyers, young families, and investors who want long-term capital appreciation and a secure environment.
🌍 Open Lands
✅ Affordability – Usually cheaper compared to gated estates in the same location.
✅ Flexibility – Build at your own pace and design without estate restrictions.
✅ Bigger Sizes – Open lands sometimes offer larger plots at a lower cost.
⚠️ But Beware: Open lands may lack proper documentation, infrastructure, or security. You must confirm the title (C of O, Gazette, or Deed of Assignment) before buying.
Best For:
Land banking investors and buyers who want affordable entry into fast-developing locations.
📊 So, Which Is Better?
- If security, prestige, and fast resale value are your priorities → choose Gated Estates.
- If affordability and flexibility matter most → choose Open Lands (but only with trusted developers like Favourmiz Realty).
✨ At Favourmiz Realty Ltd (RC 1892717), we offer both gated estates and open lands, carefully vetted with verified documentation. Whether you’re buying for immediate use, long-term investment, or land banking, we’ll guide you to the option that best fits your goals.
📞 For Enquiries & Inspection
👉 Call/WhatsApp: 0802 313 2669
👉 Visit: favourmizrealty.com
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