The Lagos–Calabar Coastal Highway Is Changing Real Estate Forever

BY: Landnest Homes And Properties

BY: Landnest Homes And Properties

Monday, September 1, 2025

September 1, 2025

When the Abuja government greenlit the Lagos–Calabar Coastal Highway in early 2024, few anticipated how profoundly it would stir Nigeria’s coastal property market.

The project spans 700 km, stretching from Lagos through Ogun, Ondo, Edo, Delta, Bayelsa, Rivers, Akwa Ibom, and ending in Calabar. Its scale and ambition are reshaping real estate markets along the route.

The first section, 47.47 km from Ahmadu Bello Way in Victoria Island, was scheduled to be completed by May 2025 and tolled for 5–10 years. That stretch is already around 70 percent complete, and delivery is expected by January 2026.

With funding secured via a $747 million syndicated loan led by Deutsche Bank, the government aims to drive economic growth by unlocking new corridors of tourism, trade, and real estate activity.

1. Land Values Are Shifting by the Mile

As earthworks stretch beyond Lekki, coastal towns like Ibeju‑Lekki, Eket, Oron, and Calabar are attracting speculators and early-bird buyers alike. Real estate agents report increased inquiries and early purchases alongside promised access roads, and land prices are rising steadily, not necessarily by 20–40 percent yet, but by measurable demand-based appreciation.

Tip: Buy close to known alignment points, not in the ocean. Urban growth tends to follow infrastructure.

When the Abuja government greenlit the Lagos–Calabar Coastal Highway in early 2024, few anticipated how profoundly it would stir Nigeria’s coastal property market.

The project spans 700 km, stretching from Lagos through Ogun, Ondo, Edo, Delta, Bayelsa, Rivers, Akwa Ibom, and ending in Calabar. Its scale and ambition are reshaping real estate markets along the route.

The first section, 47.47 km from Ahmadu Bello Way in Victoria Island, was scheduled to be completed by May 2025 and tolled for 5–10 years. That stretch is already around 70 percent complete, and delivery is expected by January 2026.

With funding secured via a $747 million syndicated loan led by Deutsche Bank, the government aims to drive economic growth by unlocking new corridors of tourism, trade, and real estate activity.

1. Land Values Are Shifting by the Mile

As earthworks stretch beyond Lekki, coastal towns like Ibeju‑Lekki, Eket, Oron, and Calabar are attracting speculators and early-bird buyers alike. Real estate agents report increased inquiries and early purchases alongside promised access roads, and land prices are rising steadily, not necessarily by 20–40 percent yet, but by measurable demand-based appreciation.

Tip: Buy close to known alignment points, not in the ocean. Urban growth tends to follow infrastructure.

2. Developers Pivot Toward Coastal Markets

Major property firms like Landnest are now eyeing states such as Lagos, Cross River (Calabar) and Akwa Ibom to launch mixed-use developments, eco-estates, and resort living.

Projects like Summit Hills in Calabar, a luxury, mixed-use development with convention centres, hotels, golf courses, hospitals, and estates, are benefitting from improved connectivity.

Tip: If you're scouting coastal land, look for developers already active in the corridor.

3. Mega Infrastructure Spurs Local Opportunities

The highway plan includes travel amenities, service lanes, relief centres with fuel, retail and clinics, and promises durable concrete pavement built to resist flooding for 50 years. CCTV will monitor the route with rapid-response systems; landscaping and solar lighting will follow the corridor.

Some displaced business owners and homeowners at places like Landmark Beach on Oniru Avenue reported losses, although federal compensation has been paid in many cases.

2. Developers Pivot Toward Coastal Markets

Major property firms like Landnest are now eyeing states such as Lagos, Cross River (Calabar) and Akwa Ibom to launch mixed-use developments, eco-estates, and resort living.

Projects like Summit Hills in Calabar, a luxury, mixed-use development with convention centres, hotels, golf courses, hospitals, and estates, are benefitting from improved connectivity.

Tip: If you're scouting coastal land, look for developers already active in the corridor.

3. Mega Infrastructure Spurs Local Opportunities

The highway plan includes travel amenities, service lanes, relief centres with fuel, retail and clinics, and promises durable concrete pavement built to resist flooding for 50 years. CCTV will monitor the route with rapid-response systems; landscaping and solar lighting will follow the corridor.

Some displaced business owners and homeowners at places like Landmark Beach on Oniru Avenue reported losses, although federal compensation has been paid in many cases.

4. Urban Migration Starts to Pivot Coastward

With travel time shrinking and toll access designed to support freight and beach tourism, new residents are considering homes farther from Lagos but closer to coastal access.

Satellite towns along the corridor, such as Dangote refinery routes, Olodo, and Eleko, are seeing early interest from land buyers, especially diaspora and professionals searching for space and affordability.

Tip: Going outside Lagos is no longer exile, it may be economics.

5. Commercial and Logistics Zones Are Taking Shape

Every major intersection along the coastal highway is ripe for logistics centres, warehouse districts, and transit hubs.

Cities like Uyo and Warri are already attracting logistics‑related investors, who anticipate new traffic and movement once the highway is operational. Even retail businesses, hospitality facilities, and short-let apartments are emerging along these access points.

Tip: Think traffic volumes. If a location lies along future express traffic, it may yield commercial gains.

4. Urban Migration Starts to Pivot Coastward

With travel time shrinking and toll access designed to support freight and beach tourism, new residents are considering homes farther from Lagos but closer to coastal access.

Satellite towns along the corridor, such as Dangote refinery routes, Olodo, and Eleko, are seeing early interest from land buyers, especially diaspora and professionals searching for space and affordability.

Tip: Going outside Lagos is no longer exile, it may be economics.

5. Commercial and Logistics Zones Are Taking Shape

Every major intersection along the coastal highway is ripe for logistics centres, warehouse districts, and transit hubs.

Cities like Uyo and Warri are already attracting logistics‑related investors, who anticipate new traffic and movement once the highway is operational. Even retail businesses, hospitality facilities, and short-let apartments are emerging along these access points.

Tip: Think traffic volumes. If a location lies along future express traffic, it may yield commercial gains.

Why This Highway Matters for Real Estate in 2025

  • Phase 1 is nearing completion and will likely be tolled later this year.

  • Phase 1 is expected to be completed by January 2026.

  • The road enhances cross-state connections and supports tourism and trade.

  • The federal government has committed serious capital, demonstrating high-level political will.

Despite controversies about environmental impact and compensation, the highway represents a spatial shift in real estate appeal, meaning value is following concrete and drainage, not just tradition.

How to Respond as a Buyer or Investor

  • Track hot alignments on official maps before land prices surge.

  • Ask if estates are adjacent to corridor infrastructure. The difference matters.

  • Consider future toll revenue zones, transport hubs, and shoreline projects. Cities grow where infrastructure flows.

  • Prioritize documentation and legal title. There is pressure to buy fast—but regulated ownership wins.

Why This Highway Matters for Real Estate in 2025

  • Phase 1 is nearing completion and will likely be tolled later this year.

  • Phase 1 is expected to be completed by January 2026.

  • The road enhances cross-state connections and supports tourism and trade.

  • The federal government has committed serious capital, demonstrating high-level political will.

Despite controversies about environmental impact and compensation, the highway represents a spatial shift in real estate appeal, meaning value is following concrete and drainage, not just tradition.

How to Respond as a Buyer or Investor

  • Track hot alignments on official maps before land prices surge.

  • Ask if estates are adjacent to corridor infrastructure. The difference matters.

  • Consider future toll revenue zones, transport hubs, and shoreline projects. Cities grow where infrastructure flows.

  • Prioritize documentation and legal title. There is pressure to buy fast—but regulated ownership wins.

What Real Growth Depends On

A road alone does not deliver prosperity. Longevity depends on:

  • Developer integrity and planning (not flash land grabs).

  • Regularisation and compensation protocols.

  • Environmental safeguards for sensitive coastal landscapes.

  • Support infrastructure: power, drainage, channels, healthcare sites.

The Lagos‑Calabar Coastal Highway is a landmark. Real estate will follow, but only where planning is solid, transparent, and long term.

At Landnest, we monitor and invest alongside infrastructure projects and how they shape property value. We guide clients through coastal growth zones, with verified land, flexible plans and clear documentation.

Send “LAND” via WhatsApp to learn more about growth corridors along the Lagos‑Calabar highway.


What Real Growth Depends On

A road alone does not deliver prosperity. Longevity depends on:

  • Developer integrity and planning (not flash land grabs).

  • Regularisation and compensation protocols.

  • Environmental safeguards for sensitive coastal landscapes.

  • Support infrastructure: power, drainage, channels, healthcare sites.

The Lagos‑Calabar Coastal Highway is a landmark. Real estate will follow, but only where planning is solid, transparent, and long term.

At Landnest, we monitor and invest alongside infrastructure projects and how they shape property value. We guide clients through coastal growth zones, with verified land, flexible plans and clear documentation.

Send “LAND” via WhatsApp to learn more about growth corridors along the Lagos‑Calabar highway.


LET’S GET IN TOUCH

The Ultimate Real Estate Investment Provider

Discover the unthinkable return of investment on real estate. We are committed to making this journey a seamless experience for you.

Visit Us at

Head Office:
No 2, Dele Adetoro Street, Bodija Ibadan.

Branch Office:
Suite 101 Block C, Akord Shopping Mall, Along Lekki_Epe, Expressway Bogije, Ibeju-Lekki, Lagos State.

Resources

Terms & Condtions

Privacy Policy

EFCC via its Special Control Unit Money Laundering (SCUML)

We are also accredited by the Real Estate Developers Association of Nigeria (REDAN)

Registered with Corporate Affairs Commission, Nigeria (RC:7080017)

© LandNest Homes & Properties. 2024.

LET’S GET IN TOUCH

The Ultimate Real Estate Investment Provider

Discover the unthinkable return of investment on real estate. We are committed to making this journey a seamless experience for you.

Visit Us at

Head Office:
No 2, Dele Adetoro Street, Bodija Ibadan.

Branch Office:
Suite 101 Block C, Akord Shopping Mall, Along Lekki_Epe, Expressway Bogije, Ibeju-Lekki, Lagos State.

Resources

Terms & Condtions

Privacy Policy

Registered under EFCC via its Special Control Unit Money Laundering (SCUML)

We are also accredited by the Real Estate Developers Association of Nigeria (REDAN)

Registered with Corporate Affairs Commission, Nigeria (RC:7080017)

© LandNest Homes & Properties. 2024.

LET’S GET IN TOUCH

The Ultimate Real Estate Investment Provider

Discover the unthinkable return of investment on real estate. We are committed to making this journey a seamless experience for you.

Visit Us at

Head Office:
No 2, Dele Adetoro Street, Bodija Ibadan.

Branch Office:
Suite 101 Block C, Akord Shopping Mall, Along Lekki_Epe, Expressway Bogije, Ibeju-Lekki, Lagos State.

Resources

Terms & Condtions

Privacy Policy

EFCC via its Special Control Unit Money Laundering (SCUML)

We are also accredited by the Real Estate Developers Association of Nigeria (REDAN)

Registered with Corporate Affairs Commission, Nigeria (RC:7080017)

© LandNest Homes & Properties. 2024.

LET’S GET IN TOUCH

The Ultimate Real Estate Investment Provider

Discover the unthinkable return of investment on real estate. We are committed to making this journey a seamless experience for you.

Visit Us at

Head Office:
No 2, Dele Adetoro Street, Bodija Ibadan.

Branch Office:
Suite 101 Block C, Akord Shopping Mall, Along Lekki_Epe, Expressway Bogije, Ibeju-Lekki, Lagos State.

Resources

Terms & Condtions

Privacy Policy

EFCC via its Special Control Unit Money Laundering (SCUML)

We are also accredited by the Real Estate Developers Association of Nigeria (REDAN)

Registered with Corporate Affairs Commission, Nigeria (RC:7080017)

© LandNest Homes & Properties. 2024.