Land prices in Alafia Estate, Oyo
Alafia Estate is a gated estate in Ifesowapo Community Kute, Ìbàdàn, Lagelu LGA, Oyo, in the middle-income zone. Residential land is about ₦94,000 per m², so a typical 600 m² plot is about ₦56.4m.
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| Typical 600 m² plot | ₦56.4m | residential |
| Land: residential | ₦94,000 | per m² |
| Land: commercial | ₦113,519 | per m² |
| Land: industrial | ₦73,254 | per m² |
| Building: 2-bed flat | ₦64.8m | asking price |
| Building: 3-bed flat | ₦87.9m | asking price |
| Building: 4-bed house | ₦133.1m | asking price |
| Building: 5-bed house | ₦194.3m | asking price |
| Rent: 1-bed / mini flat | ₦1.1m | per year |
| Rent: 2-bed flat | ₦1.9m | per year |
| Rent: 3-bed flat | ₦3.7m | per year |
| Rent: 4-bed house | ₦6.9m | per year |
| Rent: shop or office | ₦36,213 | per m² per year |
Lagelu LGA as a whole: ₦18,300 per m² median. Coordinates 7.43680, 3.98230.
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 ₦56.4m (around ₦94,000 per m²) in asking prices as of October 2026. Commercial land is about ₦113,519 per m². Source: Buildocrat Land Value Book, updated weekly.
How much is rent for a 3-bedroom flat in Alafia Estate, Oyo?
About ₦3.7m a year for a 3-bedroom flat, ₦1.9m 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 ₦133.1m; a 3-bedroom flat around ₦87.9m (October 2026).