Land prices in Festac, Lagos
Festac is a town in Amuwo Odofin LGA, Lagos, in the middle-income zone. Residential land is about ₦180,000 per m², so a typical 600 m² plot is about ₦108m.
See Festac on the satellite map, with postcodesAsk us on WhatsAppLand, building and rental values
| Typical 600 m² plot | ₦108m | residential |
| Land: residential | ₦180,000 | per m² |
| Land: commercial | ₦227,528 | per m² |
| Land: industrial | ₦212,657 | per m² |
| Building: 2-bed flat | ₦108.4m | asking price |
| Building: 3-bed flat | ₦125.5m | asking price |
| Building: 4-bed house | ₦177.8m | asking price |
| Building: 5-bed house | ₦357m | asking price |
| Rent: 1-bed / mini flat | ₦1.5m | per year |
| Rent: 2-bed flat | ₦2.6m | per year |
| Rent: 3-bed flat | ₦3.1m | per year |
| Rent: 4-bed house | ₦10m | per year |
| Rent: shop or office | ₦18,303 | per m² per year |
Amuwo Odofin LGA as a whole: ₦178,000 per m² median. Coordinates 6.46830, 3.28390.
Questions people ask
How much is a plot of land in Festac, Lagos?
A typical 600 m² residential plot in Festac, Lagos is about ₦108m (around ₦180,000 per m²) in asking prices as of October 2026. Commercial land is about ₦227,528 per m². Source: Buildocrat Land Value Book, updated weekly.
How much is rent for a 3-bedroom flat in Festac, Lagos?
About ₦3.1m a year for a 3-bedroom flat, ₦2.6m for a 2-bedroom flat and ₦1.5m for a 1-bedroom or mini flat (October 2026).
How much does a 4-bedroom house cost in Festac, Lagos?
Asking prices for a 4-bedroom house in Festac, Lagos are around ₦177.8m; a 3-bedroom flat around ₦125.5m (October 2026).