Owning a property in Anambra state is earning enough bragging rights. Anambra state is known as the “Light of the Nation,” and the light is evident in every aspect of the state. Anambra state is one of the economic powerhouses of Nigeria, and investing in properties in the state is a brilliant investment and financial decision.
Since Anambra state is a fast-developing commercial hub that houses the largest market in West Africa, getting affordable properties with good appreciation rates may not be a walk in the park in many areas of the state.
This article aims to reduce the burden by providing locations where you can buy affordable properties in Anambra state with a good appreciation rate.
1. Fegge, Onitsha
Onitsha is the commercial powerhouse of Anambra state. Onitsha is a versatile city that hosts many popular markets like the Onitsha Main Market, the largest market in West Africa, and gets visitors from other West African countries and beyond. There are Ochanja Market, Ose Market, etc. The city also has government estates like the Federal Housing Estate Fegge and Federal Housing Estate 3:3.
Additionally, the Onitsha Port has been concessioned by the federal government, and work is currently ongoing at the site close to the Old Niger Bridge. The Onitsha Port is situated in Fegge on the bank of the River Niger. Fegge is one of the best places to get an affordable property and ensure a good appreciation rate in Anambra state. Apart from the Onitsha Port in Fegge, there is also the Head Bridge Market, a big market with departments such as the drugs and medical departments.
2. Ogbaru
Ogbaru is a town bordering Onitsha. The popular Enugu-Onitsha Expressway separates the two towns. It is the hometown of the late famous highlife musician Chief Osita Osadebe. Ogbaru shares some similarities with Onitsha, such as the presence of Ogbaru Relief Main Market, which serves the locals and visitors from other states like Edo, Delta, Imo, and more daily.
When you buy a property in Ogbaru, you invest in a strategically located location due to its proximity to places such as Onitsha, Oba, Nnewi, and Assaba.
Because of massive government projects such as roads, bridges, etc., Ogbaru is an excellent location to buy properties in the Anambra state.
Also Read: Want to Invest in Igboland? Buy Properties in These Cities
3. Umuleri
Umuleri is a fast-developing town popularly known for its richness in agriculture. Since the completion and operation of the Chinụa Achebe International Cargo Passenger Airport, Umuleri, the city has seen drastic development, such as estates, recreational centers, and more. Apart from the people relocating to the town, it also attracts many temporal visitors.
Do you want to buy a property for a corporate office or hotel? Umuleri is an excellent choice to give you good returns for your money.
4. Awka
The capital city of the state. Awka is a modern city that is fast developing. You can’t go wrong by investing in Awka. The city is well-planned and offers a high quality of life. It boasts of a serene environment for relaxation. Interestingly, this city is also naturally endowed with beautiful landscapes, lakes, and streams.
Awka has a vibrant nightlife with the famous Club Road, formerly Abakilki Street, which hosts bars, hotels, and clubs that provide 24/7 service. Nnamdi Azikiwe University and Pauls University are both located in Awka.
As the capital city with governments and private bodies, the town provides access to high-profile individuals and a good blend of class and luxury. You can give me a call today to own a property in Awka, +2349072987151.
5. Umunya
It is easy to locate Umunya because the Enugu-Onitsha Expressway passes through the town. The town is experiencing fast development and is profitable for property investments. The properties in this location are equally affordable.
In addition to that, one of the major projects ongoing in Umunya is the Diocese of the Niger University. The town shares a border with other notable towns such as Ifite-Dunu, Awkuzu, Nteje, Nkwelle-Ezunaka, Ogbunike, and Umudioka. Umuanya also boasts of a vibrant social life. It is one of the fastest-developing locations in Anambra state and a good location for property investment.
6. Nnewi
After Onitsha, Nnewi is the second major commercial town in Anambra state. Onitsha is only about 20 minutes away from Nnewi. Nnewi city is known for its automobile spare parts business. The presence of big manufacturing and production industries like Innoson Group of Companies, Ibeto Group of Companies, Cutix and ADswitch are some of the biggest employer of labour in Nnewi. Other companies in Nnewi are Uru Industries Ltd, Omata Holdings Ltd, Cento Group of Companies, Coscharis Group of Companies, Ebunso Nig., etc.
Surprisingly, you can get affordable properties in Nnewi. Due to its potential, you are sure of good returns whether you are starting a business or renting out.
Also Read: How to Get a Certificate of Occupancy (C of O ) for Your Land in Anambra
7. Obosi
Obosi is a fast-developing town. The town has the second biggest automobile spare parts market in Anambra state after Nnewi. I addition, this market is known as Mgbuka Obosi spare parts market. It is also home to Electrical Dealers International Market Obosi. This is an organized market dedicated to electrical materials and accessories. The Electrical Dealers International Market Obosi houses thousands of shops.
Aside from the businesses, the inhabitants and visitors enjoy a good and vibrant social life with the presence of hotels, clubs, and bars.
Conclusion
Having the funds to buy properties is the first step in Anambra State. Beyond that, knowing the right places to buy the properties is crucial because it is the primary determinant of the outcome of your investment.
This article lists the locations in Anambra state where you can confidently buy properties for a good appreciation rate. These locations are constantly and quickly developing with new projects and an increase in population. So, when you buy properties in this location, you have made an investment that will yield good profits.
My name is Franklin. I’m here to help you own a property in any part of Igboland you desire to invest in. You can reach me on, +2349072987151.
