Buildocrat Land Value Book

Land prices in Fara Park Estate, Lagos

Fara Park Estate is a gated estate in Sangotedo, Eti Osa LGA, Lagos, in the middle-income zone. Residential land is about ₦180,000 per m², so a typical 600 m² plot is about ₦108m.

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Land, building and rental values

Typical 600 m² plot₦108mresidential
Land: residential₦180,000per m²
Land: commercial₦261,071per m²
Land: industrial₦262,167per m²
Building: 2-bed flat₦134.9masking price
Building: 3-bed flat₦155.1masking price
Building: 4-bed house₦193.9masking price
Building: 5-bed house₦367.8masking price
Rent: 1-bed / mini flat₦2.2mper year
Rent: 2-bed flat₦5.2mper year
Rent: 3-bed flat₦6.5mper year
Rent: 4-bed house₦8.1mper year
Rent: shop or office₦36,786per m² per year

Eti Osa LGA as a whole: ₦504,000 per m² median. Coordinates 6.46280, 3.65290.

Questions people ask

How much is a plot of land in Fara Park Estate, Lagos?

A typical 600 m² residential plot in Fara Park Estate, Lagos is about ₦108m (around ₦180,000 per m²) in asking prices as of October 2026. Commercial land is about ₦261,071 per m². Source: Buildocrat Land Value Book, updated weekly.

How much is rent for a 3-bedroom flat in Fara Park Estate, Lagos?

About ₦6.5m a year for a 3-bedroom flat, ₦5.2m for a 2-bedroom flat and ₦2.2m for a 1-bedroom or mini flat (October 2026).

How much does a 4-bedroom house cost in Fara Park Estate, Lagos?

Asking prices for a 4-bedroom house in Fara Park Estate, Lagos are around ₦193.9m; a 3-bedroom flat around ₦155.1m (October 2026).

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