Land prices in Alafia Estate, Oyo
Alafia Estate is a gated estate in Aloba, Ìbàdàn, Akinyele LGA, Oyo, in the middle-income zone. Residential land is about ₦97,000 per m², so a typical 600 m² plot is about ₦58.2m.
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| Typical 600 m² plot | ₦58.2m | residential |
| Land: residential | ₦97,000 | per m² |
| Land: commercial | ₦279,418 | per m² |
| Land: industrial | ₦68,183 | per m² |
| Building: 2-bed flat | ₦65.7m | asking price |
| Building: 3-bed flat | ₦85.2m | asking price |
| Building: 4-bed house | ₦129m | asking price |
| Building: 5-bed house | ₦196.7m | asking price |
| Rent: 1-bed / mini flat | ₦1.1m | per year |
| Rent: 2-bed flat | ₦2.3m | per year |
| Rent: 3-bed flat | ₦3.2m | per year |
| Rent: 4-bed house | ₦6.9m | per year |
| Rent: shop or office | ₦57,910 | per m² per year |
Akinyele LGA as a whole: ₦6,700 per m² median. Coordinates 7.45400, 3.91260.
Questions people ask
How much is a plot of land in Alafia Estate, Oyo?
A typical 600 m² residential plot in Alafia Estate, Oyo is about ₦58.2m (around ₦97,000 per m²) in asking prices as of October 2026. Commercial land is about ₦279,418 per m². Source: Buildocrat Land Value Book, updated weekly.
How much is rent for a 3-bedroom flat in Alafia Estate, Oyo?
About ₦3.2m a year for a 3-bedroom flat, ₦2.3m for a 2-bedroom flat and ₦1.1m for a 1-bedroom or mini flat (October 2026).
How much does a 4-bedroom house cost in Alafia Estate, Oyo?
Asking prices for a 4-bedroom house in Alafia Estate, Oyo are around ₦129m; a 3-bedroom flat around ₦85.2m (October 2026).