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Adamo Ikorodu: Affordable Living and Real Estate Opportunities
Adamo, located in Ikorodu, Lagos, is a fast-growing residential and commercial area known for its affordable housing options and proximity to key locations within Lagos. With improved road networks and increasing development projects, Adamo is becoming an attractive option for renters, homebuyers, and property investors.
Why Live in Adamo, Ikorodu?
Adamo offers a blend of urban and semi-rural living, making it an ideal location for individuals and families looking for budget-friendly housing away from the congestion of central Lagos.
1. Affordable Housing & Land Prices
- Compared to areas like Lekki and Surulere, Adamo offers much lower rental and land prices, making it an ideal place for low and middle-income earners.
- Mini flats, self-contain apartments, and duplexes are available at reasonable rates.
2. Good Road Connectivity
- Easy access to Ikorodu Town, Mile 12, and Lagos Mainland via the Ikorodu Road and BRT system.
- The Lagos-Ibadan Expressway provides access to Ogun State and beyond.
3. Proximity to Key Amenities
- Schools, markets, healthcare centers, and shopping complexes are within reach.
- Nearby areas like Ikorodu Town, Agric, and Ijede provide additional facilities and job opportunities.
4. Growing Real Estate Investment Potential
- Due to Lagos' expansion, property values in Adamo are rising, making it an attractive investment location.
- Investors can buy land now at lower rates and enjoy appreciation over time.
Cost of Renting or Buying a Property in Adamo Ikorodu
The cost of renting or buying property in Adamo Ikorodu depends on factors such as proximity to the main road, property condition, and amenities. Below are estimated prices:
| Property Type |
Rental Price (₦ per year) |
Buying Price (₦) |
| Room Self-Contain |
₦120,000 - ₦200,000 |
N/A |
| Mini Flat |
₦180,000 - ₦350,000 |
N/A |
| 2-Bedroom Flat |
₦250,000 - ₦500,000 |
₦10M - ₦20M |
| 3-Bedroom Bungalow |
₦400,000 - ₦700,000 |
₦15M - ₦30M |
| Land (Per Plot) |
N/A |
₦3M - ₦10M |
How to Find a House for Rent or Buy in Adamo Ikorodu
If you're looking for an affordable house, flat, or land in Adamo, here are the best ways to find one:
- Search Online on Apartments.ng – Browse available listings, compare prices, and contact property owners.
