Buildocrat Land Value Book

Land prices in Alafia Estate Alaka, Oyo

Alafia Estate Alaka is a gated estate in Ajoro Area, Akinyele LGA, Oyo, in the lower-income zone. Residential land is about ₦30,000 per m², so a typical 600 m² plot is about ₦18m.

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Land, building and rental values

Typical 600 m² plot₦18mresidential
Land: residential₦30,000per m²
Land: commercial₦86,418per m²
Land: industrial₦29,986per m²
Building: 2-bed flat₦42.7masking price
Building: 3-bed flat₦54masking price
Building: 4-bed house₦80masking price
Building: 5-bed house₦107.7masking price
Rent: 1-bed / mini flat₦680,880per year
Rent: 2-bed flat₦1.4mper year
Rent: 3-bed flat₦2mper year
Rent: 4-bed house₦4.5mper year
Rent: shop or office₦17,910per m² per year

Akinyele LGA as a whole: ₦6,700 per m² median. Coordinates 7.49770, 3.92870.

Questions people ask

How much is a plot of land in Alafia Estate Alaka, Oyo?

A typical 600 m² residential plot in Alafia Estate Alaka, Oyo is about ₦18m (around ₦30,000 per m²) in asking prices as of October 2026. Commercial land is about ₦86,418 per m². Source: Buildocrat Land Value Book, updated weekly.

How much is rent for a 3-bedroom flat in Alafia Estate Alaka, Oyo?

About ₦2m a year for a 3-bedroom flat, ₦1.4m for a 2-bedroom flat and ₦680,880 for a 1-bedroom or mini flat (October 2026).

How much does a 4-bedroom house cost in Alafia Estate Alaka, Oyo?

Asking prices for a 4-bedroom house in Alafia Estate Alaka, Oyo are around ₦80m; a 3-bedroom flat around ₦54m (October 2026).

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