Lagos is a densely populated state in Nigeria, one of the fastest growing in Africa and also in the world. Lagos has emanated from a collection of Island making it bordered by a lagoon which empties into the Atlantic Ocean. Indigenously settled by the Aworis, Lagos is a Yoruba speaking state of Nigeria. Although the influx of other tribes from different states in Nigeria has made Lagos a 'no man's land' creating the beautiful diversity Lagos owns.
The name Lagos was given by a Portuguese explorer in 1472 which means 'lake'. There is twenty (20) Major Local Government area in Lagos located in the two major divisions of Lagos which is the Lagos Mainland and the Lagos Island. A bulk of the Lagos population is on the Lagos Mainland. The Lagos Mainland has many manufacturing companies providing a large number of employment opportunities and also hosts the capital of Lagos which is Ikeja. Roads in Lagos mainland are well channelled but there could be traffic jam experienced especially during rush hours. Electricity supply on Lagos Mainland is fair. Residents enjoy the ambience of a bubbly neighbourhood with a less expensive standard of living.
Properties for rent on the Lagos Mainland are relatively affordable and being a hub of commercial activities, there are available commercial properties such as office space, warehouse, tank farms, workstations, schools, halls and hotels for rent in Ikeja, Yaba, Oshodi, Surulere, Ojota, Apapa and Ebute-Metta which are Central Business District that will surely give your business a facelift. Houses to let on the Lagos mainland are quite affordable, are of different type with type variation such as; Bungalow, duplex, Detached House, Semi-Detached House, Flats, Self Contain, Mini Flat and boys quarters apartment and are available in popular areas such as; Maryland, Ikeja, Yaba, Ikotun, Egbeda, Surulere and Ojuelegba among others within the price range of ₦150,000 to ₦5,000,000 per year depending on the size of the apartment and your choice location. Lands for lease on the Lagos Mainland are cheap compared to on the Lagos Island. There are lands for lease which can vary in sizes from plots, acres to hectares in developing areas such as Ikorodu, Badagry and Ipaja within a budget of ₦200,000 while developed areas on the Lagos Mainland such as Maryland and Ikeja have land for rent at the rate of ₦1,000,000 either per use or per annum. There are also available Short let & Serviced Apartment in Lagos.
The Lagos Island is the posh area of Lagos state as it serves as the hub of the creme de la creme of the society. Most of the celebrity homes are located on the Lagos Island as well as modern architectural house designs are flaunted to make you catch a glimpse of what luxury means.
Lagos Island is a Central Business District of Lagos with many financial institution headquarters located here as well as The Central Bank of Nigeria (CBN), Lagos Chapter. The luxury facilities the Lagos Island possess makes it a predictable expensive area of Lagos as it is mostly lived by expatriates and upper-class people. Serving as a nerve centre of commercial activities, a number of organisations, as well as business oriented people, want to have an office space on the Lagos Island. There are commercial reservations on the Lagos Island making available office spaces for rent on the Lagos Island in popular areas such as Victoria Island, Lekki, Ikoyi and Ajah within the price range of ₦300,000 to ₦40,000,000 per year with respect to the size and the exact location as Banana Island located in Ikoyi is the most expensive place on the Lagos Island. There are Office stations on the Lagos Island where you pay the bill of about ₦8,000 to ₦70,000 either on a daily or weekly plan.