Top 15 Estates in Abeokuta: A Comprehensive Guide

Abeokuta, the capital city of Ogun State, Nigeria, is rapidly emerging as a prime destination for real estate investment and residential living. Known for its rich cultural heritage, historical landmarks like the Olumo Rock, and proximity to Lagos, Abeokuta offers a blend of serenity, economic growth, and modern infrastructure. The city’s real estate market is booming, with numerous estates providing a range of housing options, from affordable to luxurious. This article explores the top 15 estates in Abeokuta, detailing their descriptions, cost of living, price per plot, real estate companies and agents, property costs, nearest bus stops, developers, social amenities, notes, and an inflation warning, concluding with insights into the city’s real estate potential.

1. Ibara Housing Estate

Description

Ibara Housing Estate, located in the prestigious Ibara area, is one of Abeokuta’s most sought-after residential enclaves. Known for its serene environment and proximity to key landmarks, it attracts high-income earners and professionals. The estate features modern architectural designs, spacious homes, and well-planned layouts.

Cost of Living

The cost of living in Ibara is relatively high due to its upscale status. Monthly expenses for a family of four, excluding rent, average around ₦150,000–₦200,000, covering utilities, groceries, and transportation.

Price per Plot

A standard plot (600 sqm) in Ibara Housing Estate ranges from ₦25 million to ₦50 million, depending on proximity to main roads and amenities.

Best Real Estate Companies and Agents

• Rush Homes & Gardens: A client-focused firm offering estate development and consultancy services. Contact: 07054443333.
• Bj Premier Realty Limited: Known for verified property listings. Contact: 08060717702.
• Crown Property Global Consultant: Specializes in luxury properties. Contact: 08036574816.

Cost of Renting and Buying Properties

• Renting: A 4-bedroom duplex rents for approximately ₦3 million per year.
• Buying: A 3-bedroom bungalow costs around ₦70 million, while a 4-bedroom duplex can reach ₦130 million.

Nearest Bus Stop

The nearest bus stop is the Ibara Bus Stop, a 5-minute walk from the estate, connecting to major routes in Abeokuta.

Estate Developer Details

Developed by the Ogun State Housing Corporation, Ibara Housing Estate is a government-backed project designed to provide premium housing for professionals and elites.

Social Amenities

• 24/7 security with gated access
• Stable electricity supply
• Modern road networks
• Proximity to MKO Abiola Stadium, shopping malls, and banks
• Smart home integration potential in newer properties

Notes

Ibara is ideal for those seeking luxury and tranquility. Its high property values make it a prime investment spot, but buyers should verify titles due to occasional land disputes.

2. Oke-Mosan GRA

Description

Oke-Mosan Government Reserved Area (GRA) is a high-end estate known for its stately homes and lush, tree-lined streets. It hosts government officials and affluent residents, offering a serene ambiance and proximity to administrative hubs.

Cost of Living

Living costs are high, with monthly expenses for a family of four (excluding rent) ranging from ₦180,000 to ₦250,000 due to premium amenities and services.

Price per Plot

Plots in Oke-Mosan GRA cost between ₦30 million and ₦70 million for 600 sqm, reflecting its prime location.

Best Real Estate Companies and Agents

• Freeman Urban Homes: Offers properties with high ROI. Contact: 08060631699.
• Mide__properties: Specializes in affordable luxury homes. Contact: 08063023172.
• Barods Global Limited: Focuses on secure estates. Contact: 0811812091.

Cost of Renting and Buying Properties

• Renting: A 3-bedroom bungalow rents for ₦2.5 million–₦4 million annually.
• Buying: A 5-bedroom duplex can cost up to ₦180 million.

Nearest Bus Stop

Oke-Mosan Bus Stop, a 3-minute drive, provides easy access to Abeokuta’s city center.

Estate Developer Details

Managed by the Ogun State Government, Oke-Mosan GRA is designed for elite residential living with a focus on security and infrastructure.

Social Amenities

• Independent power supply
• Central water system
• Recreational facilities
• Proximity to Olusegun Obasanjo Presidential Library
• Gated and secure environment

Notes

Oke-Mosan is perfect for high-profile individuals but requires significant investment. Its proximity to government offices enhances its appeal.

3. Asero Estate

Description

Asero Estate is a rapidly developing residential area known for affordability and accessibility. It caters to middle-income families and offers a mix of completed and semi-finished properties.

Cost of Living

Moderate, with monthly expenses for a family of four around ₦100,000–₦150,000, excluding rent.

Price per Plot

Plots range from ₦5 million to ₦15 million for 600 sqm.

Best Real Estate Companies and Agents

• Cherry Properties: Offers flexible payment plans. Contact: 08136120865.
• Praiz Realty Co: Known for transparent dealings. Contact: 09058965076.

Cost of Renting and Buying Properties

• Renting: A 2-bedroom flat rents for ₦500,000–₦1 million per year.
• Buying: A 3-bedroom bungalow costs ₦15 million–₦23 million.

Nearest Bus Stop

Asero Bus Stop, within a 5-minute walk, connects to major city routes.

Estate Developer Details

Developed by private investors and the Ogun State Housing Corporation, Asero Estate focuses on affordable housing.

Social Amenities

• Good road network
• Proximity to schools and markets
• Stable electricity
• Community centers

Notes

Asero is ideal for first-time buyers and investors seeking affordable properties with growth potential.

4. Kemta Housing Estate

Description

Kemta Housing Estate, located in Idi-Aba, is a secure, gated community known for its modern infrastructure and proximity to educational institutions.

Cost of Living

Moderate, with monthly costs of ₦120,000–₦160,000 for a family of four.

Price per Plot

Plots cost ₦20 million–₦35 million for 600 sqm.

Best Real Estate Companies and Agents

• Barods Global Limited: Specializes in gated estates. Contact: 0811812091.
• Rush Homes & Gardens: Offers consultancy services. Contact: 07054443333.

Cost of Renting and Buying Properties

• Renting: A 3-bedroom bungalow rents for ₦1.5 million–₦2 million annually.
• Buying: A 4-bedroom bungalow costs ₦13 million–₦20 million.

Nearest Bus Stop

Kemta Bus Stop, a 7-minute walk, offers connectivity to Abeokuta’s commercial areas.

Estate Developer Details

Developed by the Ogun State Housing Corporation, Kemta emphasizes security and modern living.

Social Amenities

• Fenced and gated plots
• Central water system
• Proximity to Federal Medical Centre
• Recreational parks

Notes

Kemta is a growing estate, ideal for families and investors looking for mid-range properties.

5. Laderin Estate

Description

Laderin Estate, in Oke-Mosan, is a well-planned residential area with modern duplexes and bungalows, appealing to middle and upper-class residents.

Cost of Living

Moderate to high, with monthly expenses of ₦140,000–₦200,000.

Price per Plot

Plots range from ₦15 million to ₣30 million for 600 sqm.

Best Real Estate Companies and Agents

• Mide__properties: Offers premium properties. Contact: 08063023172.
• Freeman Urban Homes: Focuses on investment properties. Contact: 08060631699.

Cost of Renting and Buying Properties

• Renting: A 4-bedroom duplex rents for ₦2 million–₦3 million per year.
• Buying: A 4-bedroom duplex costs ₦50 million.

Nearest Bus Stop

Laderin Bus Stop, a 5-minute drive, connects to major routes.

Estate Developer Details

Developed by private developers in collaboration with the Ogun State Government, Laderin focuses on luxury and accessibility.

Social Amenities

• 24/7 security
• Stable power supply
• Proximity to business hubs
• Community recreational facilities

Notes

Laderin is ideal for professionals seeking modern homes with investment potential.

6. Greenstone Garden

Description

Greenstone Garden, located in Kobape, is an eco-friendly estate emphasizing sustainable living with lush green spaces and modern amenities.

Cost of Living

Affordable, with monthly costs of ₦80,000–₦120,000 for a family of four.

Price per Plot

Plots cost ₦1.5 million (300 sqm) to ₦2.5 million (600 sqm).

Best Real Estate Companies and Agents

• Bj Premier Realty Limited: Offers flexible payment plans. Contact: 08060717702.
• Cherry Properties: Specializes in eco-friendly estates. Contact: 08136120865.

Cost of Renting and Buying Properties

• Renting: Limited rental options; a 2-bedroom flat costs ₦400,000–₦800,000 annually.
• Buying: A plot with basic structure costs ₦3 million–₦5 million.

Nearest Bus Stop

Kobape Bus Stop, a 10-minute drive, connects to Muhammadu Buhari Road.

Estate Developer Details

Developed by private investors, Greenstone Garden promotes smart, eco-friendly living with registered survey titles.

Social Amenities

• Smart garden spaces
• Dual security systems
• Central water system
• Proximity to Ogun Tech Hub

Notes

Greenstone Garden is perfect for eco-conscious buyers and investors seeking affordable land.

7. River One Residential

Description

River One Residential in Ile-Ise Pan is a luxurious estate offering smart home technology and modern designs for affluent buyers.

Cost of Living

High, with monthly expenses of ₦150,000–₦220,000.

Price per Plot

Plots cost ₦20 million–₦40 million for 600 sqm.

Best Real Estate Companies and Agents

• Mide__properties: Specializes in smart homes. Contact: 08063023172.
• Praiz Realty Co: Offers premium listings. Contact: 09058965076.

Cost of Renting and Buying Properties

• Renting: A 3-bedroom bungalow rents for ₦2 million–₦3 million annually.
• Buying: A 3-bedroom bungalow costs ₦38.5 million.

Nearest Bus Stop

Ile-Ise Pan Bus Stop, a 7-minute drive, provides city access.

Estate Developer Details

Developed by Luminous Hills, River One focuses on luxury and smart technology.

Social Amenities

• Smart home technology
• CCTV surveillance
• Interlocked compounds
• 24/7 security

Notes

River One is ideal for tech-savvy buyers seeking luxury and exclusivity.

8. Degun Estate

Description

Degun Estate in Oke-Mosan is a developing estate with modern bungalows and serene surroundings, appealing to middle-income families.

Cost of Living

Moderate, with monthly costs of ₦100,000–₦150,000.

Price per Plot

Plots range from ₦10 million to ₦20 million for 600 sqm.

Best Real Estate Companies and Agents

• Crown Property Global Consultant: Offers affordable options. Contact: 08036574816.
• Barods Global Limited: Focuses on secure estates. Contact: 0811812091.

Cost of Renting and Buying Properties

• Renting: A 3-bedroom bungalow rents for ₦1 million–₦1.5 million annually.
• Buying: A 3-bedroom bungalow costs ₦85 million.

Nearest Bus Stop

Oke-Mosan Bus Stop, a 5-minute drive, connects to major routes.

Estate Developer Details

Developed by private investors, Degun Estate emphasizes affordability and security.

Social Amenities

• Gated community
• Stable electricity
• Proximity to schools and markets

Notes

Degun is suitable for families seeking affordable modern homes.

9. Midgal Residences

Description

Midgal Residences Phase 1 is a modern estate with well-designed bungalows and duplexes, located in a serene part of Abeokuta.

Cost of Living

Moderate, with monthly expenses of ₦120,000–₦160,000.

Price per Plot

Plots cost ₦15 million–₦25 million for 600 sqm.

Best Real Estate Companies and Agents

• Freeman Urban Homes: Offers investment properties. Contact: 08060631699.
• Mide__properties: Specializes in modern designs. Contact: 08063023172.

Cost of Renting and Buying Properties

• Renting: A 3-bedroom bungalow rents for ₦1.2 million–₦1.8 million annually.
• Buying: A 3-bedroom bungalow costs ₦37 million.

Nearest Bus Stop

Olomore Bus Stop, a 10-minute walk, provides city access.

Estate Developer Details

Developed by private developers, Midgal Residences focuses on modern living.

Social Amenities

• Good road network
• Community security
• Proximity to healthcare facilities

Notes

Midgal is ideal for middle-income families seeking modern homes.

10. Imole City

Description

Imole City, near FUNAAB, is a prime estate offering serene landscapes and investment potential, ideal for students and professionals.

Cost of Living

Affordable, with monthly costs of ₦80,000–₦120,000.

Price per Plot

Plots cost ₦2 million–₦5 million for 600 sqm.

Best Real Estate Companies and Agents

• Belkalid Consults: Specializes in student-friendly estates. Contact: Not listed.
• Cherry Properties: Offers affordable plots. Contact: 08136120865.

Cost of Renting and Buying Properties

• Renting: A 2-bedroom flat rents for ₦400,000–₦700,000 annually.
• Buying: A plot with structure costs ₦5 million–₦10 million.

Nearest Bus Stop

FUNAAB Bus Stop, a 5-minute drive, connects to major routes.

Estate Developer Details

Developed by Belkalid Consults, Imole City targets investors and students with affordable options.

Social Amenities

• Proximity to FUNAAB
• Stable electricity
• Community security
• Access to Olumo Rock

Notes

Imole City is perfect for student housing and budget-conscious investors.

11. City of David Estate

Description

City of David Estate, off Obada, is a serene estate with modern bungalows, ideal for families seeking tranquility.

Cost of Living

Affordable, with monthly expenses of ₦90,000–₦130,000.

Price per Plot

Plots cost ₦5 million–₦15 million for 600 sqm.

Best Real Estate Companies and Agents

• Freeman Urban Homes: Offers affordable properties. Contact: 08060631699.
• Bj Premier Realty Limited: Specializes in serene estates. Contact: 08060717702.

Cost of Renting and Buying Properties

• Renting: A 3-bedroom bungalow rents for ₦800,000–₦1.2 million annually.
• Buying: A 3-bedroom bungalow costs ₦15 million–₦25 million.

Nearest Bus Stop

Obada Bus Stop, a 10-minute drive, connects to Lagos-Abeokuta Expressway.

Estate Developer Details

Developed by private investors, City of David emphasizes affordability and serenity.

Social Amenities

• Gated community
• Stable power supply
• Proximity to markets

Notes

City of David is ideal for families seeking affordable, serene living.

12. Queens Park Estate

Description

Queens Park Estate in Mowe-Ofada is a developing estate with modern infrastructure, appealing to investors and families.

Cost of Living

Affordable, with monthly costs of ₦80,000–₦120,000.

Price per Plot

Plots cost ₦6 million–₦7 million for 600 sqm.

Best Real Estate Companies and Agents

• Rush Homes & Gardens: Offers investment properties. Contact: 07054443333.
• Cherry Properties: Specializes in affordable estates. Contact: 08136120865.

Cost of Renting and Buying Properties

• Renting: A 2-bedroom flat rents for ₦500,000–₦800,000 annually.
• Buying: A plot with structure costs ₦10 million–₦15 million.

Nearest Bus Stop

Mowe Bus Stop, a 10-minute drive, connects to major routes.

Estate Developer Details

Developed by private developers, Queens Park focuses on affordability and growth.

Social Amenities

• Gated community
• Good road network
• Proximity to schools

Notes

Queens Park is ideal for investors seeking high ROI in a developing area.

13. Obasanjo Presidential Hill

Description

Obasanjo Presidential Hill in Oke-Mosan is a luxury estate with stately homes and proximity to key landmarks, attracting elites.

Cost of Living

High, with monthly expenses of ₦200,000–₦300,000.

Price per Plot

Plots cost ₦50 million–₦100 million for 600 sqm.

Best Real Estate Companies and Agents

• Praiz Realty Co: Offers luxury properties. Contact: 09058965076.
• Mide__properties: Specializes in high-end estates. Contact: 08063023172.

Cost of Renting and Buying Properties

• Renting: A 4-bedroom duplex rents for ₦4 million–₦5 million annually.
• Buying: A 5-bedroom duplex costs ₦95 million–₦180 million.

Nearest Bus Stop

Oke-Mosan Bus Stop, a 5-minute drive, provides city access.

Estate Developer Details

Developed by the Ogun State Government, this estate targets high-income earners.

Social Amenities

• 24/7 security
• Stable electricity
• Proximity to Olusegun Obasanjo Presidential Library
• Recreational facilities

Notes

Obasanjo Presidential Hill is ideal for affluent buyers seeking prestige.

14. Ifedayo Community

Description

Ifedayo Community in Olomore is a middle-class estate with affordable bungalows and a serene environment.

Cost of Living

Moderate, with monthly costs of ₦100,000–₦140,000.

Price per Plot

Plots cost ₦10 million–₦20 million for 600 sqm.

Best Real Estate Companies and Agents

• Crown Property Global Consultant: Offers affordable options. Contact: 08036574816.
• Freeman Urban Homes: Focuses on middle-class estates. Contact: 08060631699.

Cost of Renting and Buying Properties

• Renting: A 3-bedroom bungalow rents for ₦800,000–₦1.2 million annually.
• Buying: A 3-bedroom bungalow costs ₦40 million.

Nearest Bus Stop

Olomore Bus Stop, a 5-minute walk, connects to major routes.

Estate Developer Details

Developed by private investors, Ifedayo emphasizes affordability and community living.

Social Amenities

• Gated community
• Stable power supply
• Proximity to schools and markets

Notes

Ifedayo is suitable for middle-income families seeking affordable homes.

15. Alanco Estate

Description

Alanco Estate, near the Federal College of Education, is an affordable estate with modern bungalows, ideal for students and families.

Cost of Living

Affordable, with monthly expenses of ₦80,000–₦120,000.

Price per Plot

Plots cost ₦5 million–₦10 million for 600 sqm.

Best Real Estate Companies and Agents

• Cherry Properties: Offers student-friendly properties. Contact: 08136120865.
• Bj Premier Realty Limited: Specializes in affordable estates. Contact: 08060717702.

Cost of Renting and Buying Properties

• Renting: A 2-bedroom flat rents for ₦400,000–₦700,000 annually.
• Buying: A 4-bedroom bungalow costs ₦6 million.

Nearest Bus Stop

Alanco Bus Stop, a 5-minute walk, connects to major routes.

Estate Developer Details

Developed by private investors, Alanco Estate targets budget-conscious buyers.

Social Amenities

• Proximity to Federal College of Education
• Stable electricity
• Community security

Notes

Alanco is ideal for students and first-time buyers seeking affordability.

Inflation Warning

Nigeria’s inflation rate, which stood at 32.7% in September 2024, significantly impacts real estate prices in Abeokuta. Property values and rental costs are likely to rise, potentially increasing by 10–20% annually. Buyers and investors should act swiftly to secure properties at current prices and consider flexible payment plans to mitigate future cost hikes. Always verify property titles to avoid disputes amid rising demand.

Conclusion

Abeokuta’s real estate market offers diverse opportunities for homebuyers and investors, from luxurious estates like Ibara and Oke-Mosan to affordable options like Asero and Alanco. The city’s proximity to Lagos, improving infrastructure, and cultural appeal make it a hotspot for property investment. Whether seeking serenity, modern amenities, or high ROI, these top 15 estates cater to various budgets and preferences. With inflation driving up costs, now is the time to invest in Abeokuta’s booming real estate market. Contact reputable agents like Rush Homes & Gardens or Mide__properties to explore these opportunities and secure your dream home or investment property.