ALARO CITY, LFTZ LEKKI EPE EXPRESSWAY

Epe Lane, Lagos, Nigeria
$150 /LOW DENSITY (PRICE PER SQM)
$16 /HIGH DENSITY (PRICE PER SQM)

Alaro City is an integrated, mixed-use city planned on over 2,000 hectares in the Lekki Free Zone. Located in the North-West Quadrant of the Lekki Free Zone, which is the logistics and commercial hub of the zone,.  Alaro City is situated on the Lekki-Epe Expressway and is in close proximity to the Lekki Deep Sea Port and the proposed International Airport.

Alaro City has areas for offices, logistics and warehousing, homes, schools, healthcare facilities, hotels, entertainment, and 150 hectares of parks and open space.

Alaro City provides serviced land suitable for light industrial, assembly, warehouse, and logistics uses. It also provides 2,3 and 4 bedroom apartments.

The first phase of Alaro City’s industrial area is open for sale, with a variety of plots on offer:

RESIDENTIAL:

  • LOW DENSITY (500/750/1000 SQM) $150/SQM
  • LOW DENSITY (EXCLUSIVE) (MIN 1000 SQM): $240/SQM
  • MEDIUM DENSITY (MIN 500 SQM): $169/SQM
  • HIGH DENSITY (MIN 1000 SQM): $186/sqm

COMMERCIAL:

  • BOULEVARD (MIN 4000 SQM): $270/SQM
  • OTHERS (MIN 1000 SQM): $195/SQM

INDUSTRIAL LANDS).

  • INDUSTRIAL SME (MIN 1000 SQM): $195/SQM
  • INDUSTRAIL ROAD 1 (MIN 5000 SQM) - $220/SQM
  • MIXED-USE (MIN 1000 SQM): $195/SQM

 

  • INTIAL DEPOSIT OF 35%, SREAD BALANCE OVER 12 MONTHS, EQUAL INSTALLMENT

 

There are also opportunities to lease land and buildings to suit occupant requirements on appropriate commercial terms.

The city is located directly on the Lekki-Epe Expressway, providing an optimal area for the transfer of goods to Lagos and to the rest of Nigeria beyond.

Alaro City’s Free Zone status provides reduced corporate taxes, customs & excise duty exemptions, VAT benefits, and profit and capital repatriation at reduced rates, among other benefits.

A number of facilities are already under construction or at the design and development stage.

IN ADDITION TO OWNING PROPERTY IN THE FASTEST-GROWING URBAN AREA IN NIGERIA, HERE’S WHY YOU SHOULD BUY IN ALARO CITY.

  • Planned Community (power, water, roads, etc.)
  • Clean Title is fully managed by us.
  • 12-month payment plan

AND FOR BUSINESSES

  • No tax payment (VAT, CIT, WHT)
  • There is no duty on imports/exports.
  • Exemption from FX control
  • No engagement with federal, state, or local regulators.

Documents

ALARO CITY Download

Property details:

Property ID: CO-07620
Property Type: MIXED USE LANDS (RESIDENTIAL, COMMERCIAL AND INDUSTRIAL)
Property Status: Land

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    Property address:

    Supermarket
    Station
    Restaurant
    Hospital
    School
    Park
    Epe Lane, Lagos, Nigeria
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