Epe: The Renaissance of the Lagos "Fish Basket"

Epe property values

Epe is widely considered one of the safest areas in Lagos

In 2026, Epe has shed its "distant village" skin. It’s now a sophisticated mix of industrial power (Alaro City), academic excellence (LASUSTECH), and serene residential retreats. If Lekki is the "hustle," Epe is the "reward."

Area Snapshot

• Location: The eastern tip of Lagos State, connecting to Ogun and Oyo States.

• Key Landmarks: Alaro City, Epe Fish Market (Oluwo), Isimi Lagos, Augustine University.

• Key Fact: Epe is the "Drainage King" of Lagos; its natural topography means it is virtually flood-free.

Overview & Identity: The Smart City with a Local Soul

Epe in 2026 is a "Twin-City." One side is Old Epe, famous for its legendary fish market and the Poka/Mojoda culture. The other side is the New Epe, defined by the Lekki-Epe Expressway and Alaro City, a multi-billion dollar satellite city that has brought 24/7 power, fiber-optic internet, and thousands of jobs to the area.

Housing & Real Estate: The 2026 Value Play

Property prices in Epe have matured. The "cheap land" era is fading, replaced by "value-driven" developments.

Price Trends & Market Performance

In 2026, Epe property values saw an 18% nominal increase, driven primarily by the completion of the Lekki-Epe expressway and the growth of the Dangote Refinery workforce nearby. Terraces and semi-detached bungalows are the highest-appreciating assets here as young professionals seek "starter homes."

Cost of Living Context

Epe remains significantly more affordable than central Lagos.

Food: 30% cheaper. The Oluwo Fish Market is the cheapest place in Lagos for protein.

Power: Many new estates are 100% solar or gas-turbine powered, reducing the "Generator Fuel" tax.

Transport: Regulated bus fares under the 2026 Bus Reform Scheme have stabilized commuting costs.

Transport & Accessibility: The 2026 Transit Reform

The "Ibeju-Lekki Traffic" is being tamed.

The Expressway: Now a fully functional Mass Transit Corridor.

Bus Reform: As of February 2026, informal "Koropes" are restricted. High-capacity, Cowry-card-enabled buses now run dedicated lanes from Epe to Ajah/Lekki.

Waterways: The Epe Marina expansion now supports daily ferry services to CMS and Ikorodu, cutting travel time by 50%.

Lifestyle, Amenities, and Infrastructure

Education: A major "University Town" (Pan-Atlantic, Augustine, LASUSTECH).

Leisure: Epe Resort & Spa remains a weekend staple, while new spots like Joyrich Fun Park cater to the growing family population.

Infrastructure: In 2026, Epe boasts some of the best road networks on the Mainland/Lekki axis, with wide boulevards and functional street lighting.

Safety, Risks, and Planning Considerations

Safety: Epe is widely considered one of the safest areas in Lagos. Community policing and estate security are top-notch.

Risks: The main risk is "Land Title" confusion in the boundary areas between hEpe and Ibeju-Lekki.

Planning: Always verify Governor’s Consent or C of O through the Lagos State Land Bureau; don't settle for "Excision in Progress" in 2026.

Who Is Epe Best Suited For?

Tech Professionals: Working at the new Alaro City hubs or remotely.

Retirees: Looking for a quiet, low-cost, and flood-free environment.

Industrial Workers: Staff of the Dangote Refinery and Lekki Free Zone.

Frequently Asked Questions (FAQs)

Q: Does Epe flood?

A: Unlike Lekki and Ajah, Epe is built on higher ground. It is historically the most flood-resistant part of the Lagos coastal corridor.

Q: Is it too far for a daily commute to Victoria Island?

A: With the 2026 Bus Reform and improved road lanes, the commute is more predictable (approx. 60–90 mins), but many residents prefer the 45-minute ferry or hybrid remote work.

Q: What is the best land title to look for in Epe?

A: Always prioritize Certificate of Occupancy (C of O) or a Registered Survey with Excision Gazetted

Amarachi Edison

Written by Amarachi Edison, Real Estate Content Manager & Author of the Daily Digest at Nigeria Housing Market

Amarachi specializes in trending topics and the rapid evolution of property markets in Nigeria. With a keen eye for real-time market shifts and regulatory changes, Amarachi excels at distilling complex topics and trends into actionable insights, ensuring investors stay ahead of the curve in Nigeria's most dynamic residential hubs.

Connect on linkedin

Previous
Previous

Living in Ikorodu: Real Estate, Lifestyle, and the Ferry Revolution

Next
Next

Living in Ejigbo: Real Estate Trends, Safety, and Lifestyle in 2026