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Smilebay Realties Limited

Smilebay Realties Limited

Premium Agent
Chevron Dr 4, FL 2 Lekki, Lagos, Nigeria
10 years on Nigeria Property Centre smilebay.estateagentsng.com
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38 Active
32 For sale
5 For rent
0 Short let
3 Areas

Areas covered

3 areas

Lekki 24 Ikoyi 7 Victoria Island (VI) 7

Listings

1–20 of 38

All For sale For rent Short let JV
Serviced 2-Bedroom Apartment
Featured
25
₦17,000,000

Flat / apartment for rent

Serviced 2-Bedroom Apartment

Victoria Island. ₦17 Million Per Year. Netflix in the Living Room. Prime Video in the Bedroom. Pool. Gym. Elevator. 24/7 Power. Managed Like a Hotel. Priced Like a Home. The problem The VI rental market has a well-documented pattern that every serious professional in this corridor eventually learns. The buildings that work --- the ones with actual 24/7 power, actual professional security, actual building maintenance that does not require you to chase a facility manager for six weeks --- cost significantly more than the buildings that describe themselves with the same language but deliver something considerably different. You have rented the second type before. Maybe more than once. The apartment that was "serviced" on the listing and required personal negotiation on every operational friction once you moved in. The building whose "24/7 security" was one gate man on a rotating schedule. The "fully fitted kitchen" that needed two missing appliances before you could actually use it. You have developed the specific scepticism that the Lagos rental market produces in every professional who has been through that cycle enough times. This listing exists for the person who is done with the cycle. ₦17M per annum. Water Corporation Drive, Victoria Island. Managed at hospitality standard. Every feature confirmed and operational. The agitation Here is the specific cost the VI professional absorbs every month they stay in the wrong building. Not in money --- though the rent you are currently paying for a building that delivers below what it promised is its own kind of loss. The cost is in the daily micro-frictions that accumulate into a chronic low-grade drain. The morning the power goes at 5:45 AM and you are in the shower. The evening you arrive at 9 PM, depleted from a full day on the island, and discover the building's generator has been on for six hours and the fuel ran out at 7. The Saturday you intended to use the pool and found it had not been serviced in three weeks. None of these are crises. All of them are the aggregate of living in a building that was not built and managed to the standard it described itself at. Meanwhile, the rent has gone up. It always does. Your landlord's annual letter arrived. The number moved. You absorbed it because moving is expensive, because your school run is mapped, because rebuilding your routines in a new building costs time and energy you do not have. A building managed at hospitality standard --- where the operational infrastructure is maintained professionally, where the streaming services are part of the package, where the pool is ready on Saturday because the building's management team ensures it is --- does not produce those frictions. It produces a different kind of experience entirely. The solution This fully serviced 2-bedroom apartment on Water Corporation Drive, Victoria Island, is managed at a standard that most Lagos rental listings claim and very few deliver. The distinction is visible in the detail. Netflix and Prime Video are included. Smart TV in all rooms. Full-length mirrors as a deliberate interior design choice. Excellent hospitality as a stated service commitment. These are not features that appear in standard landlord-managed buildings. They are features that appear when the building's management team has been instructed to deliver a guest-house standard of care to long-term residents. That is the experience being offered here --- at ₦17M per annum on Victoria Island. Here is what the building delivers: Water Corporation Drive, Victoria Island --- the quieter edge of the island. Water Corporation Drive runs along the waterfront edge of VI, away from the arterial roads and commercial traffic of Adeola Odeku, Ozumba Mbadiwe, and Ahmadu Bello Way. You are on Victoria Island --- with everything that means for your commute to your office, your clients, and the commercial core of the island. And you are on a road that gives you the residential quiet of the VI waterfront edge rather than the traffic noise of the island's main corridors. The address is correct. The specific location within the address is also correct. Netflix and Prime Video --- included in the apartment. Not a subscription you maintain separately. Part of what the apartment delivers. The streaming infrastructure is in place. You arrive, you connect, and the entertainment is there. In combination with the smart TV in all rooms --- living room and bedrooms --- this means the apartment's media infrastructure is at the standard of a high-quality serviced residence. After a day running the island, the apartment receives you rather than requiring you to set it up. Smart TV in all rooms. Every room. Not a common area screen. Each bedroom has its own. The living space has its own. The household does not negotiate screen access or share a single viewing point. Each occupant has their own space with their own screen. Full-length mirrors --- a deliberate interior design feature. This detail signals more than its functional value. A developer or manager who specifies full-length mirrors as a feature of the apartment is making an interior design decision. That decision tells you that the apartment was fitted to a standard, not just to a specification. The space was thought about. The result is an interior that works visually in a way that standard apartment interiors do not. 24/7 electricity --- confirmed, not aspirational. Backed by a standby generator, a prepaid meter, and the building's managed power infrastructure. You do not manage the power. You use it. It is on when you arrive at 9:30 PM from a delayed client dinner. It is on when your alarm goes off at 5:30 AM. It is on when you are away for three days in Abuja and your household is in the apartment. The power infrastructure is managed by the building. It is not your responsibility. Swimming pool and gym --- both in the building. The pool for the Sunday morning that starts before the city wakes up. The gym for the morning session before the 7 AM call or the decompression after the day closes. Both available without leaving the building, without booking, without the logistics of going elsewhere. Elevator access. The building handles vertical movement. You do not carry anything up stairs. Groceries, luggage, your laptop bag after a long day --- the elevator manages it. 24/7 security --- layered, professional, confirmed. Security gate. Perimeter fencing. Electric fence. Burglar proof. CCTV throughout. Intercom. Gateman. Fire safety. Each security layer is independently operational. The building's security does not depend on any single point. When you travel, your household is inside a genuinely secured perimeter. All rooms en-suite. Fully fitted kitchen. Air conditioning. Water heater. Pop ceilings. Built-in wardrobes. High-speed internet. The apartment is complete. Nothing requires sourcing, installing, or commissioning after you move in. You bring your belongings. The apartment functions from day one. The full financial picture --- disclosed completely: Annual Rent: ₦17,000,000 Legal Fee (10%): ₦1,700,000 Agency Fee (10%): ₦1,700,000 Caution Deposit (5%): ₦850,000 Service Charge: ₦2,000,000 Total Year-One Commitment: ₦23,250,000 ₦23.25M is the number to have liquid or confirmed before this conversation begins. Every item in that total is disclosed upfront. There are no surprises at viewing. The financial picture is complete before the first call. Water Corporation Drive, Victoria Island is on the waterfront edge of the island. The VI waterfront corridor is elevated and well-drained --- above the risk zones that affect lower-lying parts of Lagos Island. Smilebay Realties does not list properties in flood-prone areas. This apartment on Water Corporation Drive, VI, was assessed against that standard before listing. It passed. The call to action This is a short conversation for a specific kind of person. You work on or near Victoria Island. You are done with the building that described itself one way and delivered another. You want the address, the pool, the gym, the elevator, the 24/7 power, the Netflix, the Smart TV in every room, and the hospitality-standard management --- for ₦17M per annum, with total year-one commitment of ₦23.25M. If that describes your position, one call ends the search. Call or WhatsApp Smilebay Realties: +234 901 517 4801 Victoria Island at ₦17M. Managed like a hotel. Ready today. 2 Bedrooms --- 2 Bathrooms --- 3 Toilets --- All Rooms En-Suite Fully Serviced --- Modern Interior Design --- Hospitality Standard Management Included: Netflix --- Prime Video --- Smart TV in All Rooms --- Full-Length Mirrors Kitchen: Fully Fitted Power: 24/7 Electricity --- Standby Generator --- Prepaid Meter Water: Borehole --- Treated Water --- Water Heater Internet: High-Speed WiFi Interior: Air Conditioning --- pop Ceilings --- Built-In Wardrobes --- Tiled Floors --- Guest Toilet Building Amenities: Swimming Pool --- Gym --- Elevator --- Ample Parking --- Balcony --- Outdoor Lighting Security: Security Gate --- Perimeter Fencing --- Electric Fence --- Burglar Proof --- CCTV --- Intercom --- Gateman --- Fire Safety Location: Water Corporation Drive, Victoria Island (VI), Lagos Flood-Free --- Confirmed by Smilebay Realties Pre-Listing Assessment Annual Rent: ₦17,000,000 Legal Fee (10%): ₦1,700,000 Agency Fee (10%): ₦1,700,000 Caution Deposit (5%): ₦850,000 Service Charge: ₦2,000,000 Total Year-One Commitment: ₦23,250,000 Listed by Smilebay Realties Limited --- Ref: 3544108

Water Cooperation Road, Victoria Island (VI), Lagos Added today
2 2
5-Bedroom Fully Detached Duplex
Featured
11
₦280,000,000

Detached duplex for sale

5-Bedroom Fully Detached Duplex

Someone Needs to Exit Fast. That's Your Entry Point. The problem You've been watching Chevy View Estate from the outside for three years. You know the estate. You've driven through it --- maybe dropping off a colleague, or taking the Chevron Drive shortcut when Lekki-Epe was a car park at 7:30 AM. You noticed the clean roads. The functional gate. The settled, established feel of a neighbourhood that actually works. You've checked prices. You know what a full detached duplex on Chevron Drive costs. ₦400 million. ₦450 million. One listing asked ₦500 million. You did the math. You filed it under "someday" and kept renting. Meanwhile, your renewal letter came in. The number went up again. It always does. You paid it --- because what was the alternative? The agitation Here is the quiet toll nobody talks about: Every year you stay in someone else's property, you fall further behind. Not because you're not earning. You are. The salary is solid. The bonuses hit. The promotions come. On paper, you are building something. But the rent keeps consuming the proof. Your landlord is not your enemy. But he is not your partner either. He is running a business, and you are his most reliable revenue stream. He adjusts the price every cycle because he knows what you know --- your school, your family's routine, your children's friendships, the 8-minute drive to your office are all here. Moving is painful. So you absorb the increase and move on. You absorb it again next year. And the year after that. The worst part? You are watching other people plant flags in this same corridor. People with similar salaries. Similar career timelines. They moved first. Their properties have compounded. The gap between your net worth and theirs is not talent. It is not luck. It is one decision, made earlier. You are still waiting for the perfect conditions. The perfect conditions are not coming. But a rare opening just did. The solution a fully detached 5-bedroom duplex inside Chevy View Estate, Chevron Drive, Lekki, is on the market --- and the seller needs to close fast. That urgency is not your problem. It is your advantage. Here is what you are actually acquiring: The address itself. Chevy View Estate is not an emerging area you're betting on. It is an established, completed, functioning community on Chevron Drive. The infrastructure is real. The roads are paved. The gates work. This is what settled looks like in Lagos. 400 square metres of land. That is rare on this corridor. It is not a sliver plot. It is not shared. It is a full detached position --- your compound, your perimeter, your terms. No shared walls. No neighbour's generator 3 feet from your bedroom window. Five bedrooms. Five bathrooms. Six toilets. Room for your family to expand without anyone on top of anyone else. Room for a parent to visit for a month without it becoming a crisis. Room for a home office that is actually a room, not a corner. Fully detached structure. This matters more than people realize when they're renting. You stop hearing other people's lives through your walls. You get silence on command. In Lagos, silence is not a small thing. It is a premium. Governor's Consent is on the property. The most critical document in Lagos real estate. No family land ambiguity. No pending consent application. No stories at the Land Registry. The title is clean, registered, and available for due diligence today. ₦280,000,000 --- well below current market rate for this estate. The agent has confirmed comparable properties in Chevy View are moving at ₦400M to ₦500M. This is priced ₦120--220 million below that range because the seller has a timeline. You are not getting a compromise. You are getting a discount, backed by documentation. For the developer or investor reading this: the 400sqm plot supports a twin duplex development. Each unit in this corridor is currently selling at ₦350,000,000+. Do that math yourself. The call to action The seller is motivated. That window closes the moment someone else sees this clearly. This is not a call for tyre-kickers or "send-me-more-pictures" conversations. The documents are ready. The property is available. If you have the capital or your financing is structured, one site visit is all it takes. Call or WhatsApp Smilebay Realties: +234 901 517 4801 Do not hold this number and think about it for two weeks. The same Chevy View corridor you've been watching from the outside is offering you a seat --- at ₦120 million below what your neighbours paid. That kind of opening has a very short shelf life. 5 Bedrooms 5 Bathrooms 6 Toilets 400sqm Land Fully Detached Governor's Consent Available Chevy View Estate, Chevron Drive, Lekki, Lagos Listed by Smilebay Realties Limited Ref: 3490013

Chevron Drive, Chevy View Estate, Lekki, Lagos
5 5
2-Bedroom Apartment Saka Tinubu Street, Victoria Island
Featured
10
₦500,000,000

Flat / apartment for sale

2-Bedroom Apartment Saka Tinubu Street, Victoria Island

You Earn Well. So Why Does Your Life Feel Like a Punishment? The problem It's 6:47 AM. Your alarm went off at 5. You didn't sleep well --- the generator ran out of fuel at 2 AM and your landlord's gate man didn't refill it. Again. You leave early to beat traffic. You don't beat traffic. You're on Ozumba Mbadiwe at a full stop, sweating through your shirt, watching your 8 AM meeting disappear in the rearview mirror. Your phone is ringing. Your boss doesn't understand why you're late --- he lives in Ikoyi, two minutes from the office. You get in. You perform. You close deals. Then you do the whole thing in reverse. You get home at 9 PM. Your child is already asleep. Again. This is not a bad week. This is your life. The agitation Here's what nobody says out loud: You are one of the highest earners in your peer group. Your title is impressive. Your salary hits a number most Nigerians will never see in a year. And yet --- you are renting someone else's property. Paying rent that went up 40% last year. Paying rent that will go up again next year, because your landlord knows you have no real option. He can knock on your door unannounced. He can refuse repairs. He can decide, two months before your lease ends, that his son is "moving in." And you --- the banker, the tech lead, the upstream professional --- will pack your things and start looking again. Meanwhile, your December bonus went to rent. Your promotion increment went to rent. The money you said you'd invest? Still going to rent. Every month you stay in that situation, you are handing someone else the financial future you worked for. The solution This apartment on Saka Tinubu, Victoria Island is not a property listing. It is the exit. It sits minutes from your office. When your colleagues are stuck at Lekki Toll or grinding through Carter Bridge, you are already home --- calm, showered, present. Your child is still awake. Here is what the apartment actually gives you: No commute tax. VI address means you reclaim 2--3 hours daily. That is time back with your family. That is mental bandwidth to think, to plan, to actually rest. No landlord. Ever again. No rent review letter in December. No unannounced visits. No begging anyone to fix what's broken in your own home. You own it. Full stop. A financial position, not just a home. This same apartment earns ₦30 million per year in rental income if you ever choose to let it. That's an asset generating cash --- not draining it. Two full bedrooms, two bathrooms, three toilets. Space designed for how senior professionals actually live --- not cramped, not compromised. Newly built. You are not inheriting someone else's problems. No old plumbing. No aging infrastructure. Clean slate. The address itself is equity. Saka Tinubu, Victoria Island. Walking distance to Eko Hotel. Adjacent to Eko Atlantic. Property in this corridor does not depreciate. It absorbs inflation. It compounds. The ask: ₦500,000,000 --- down from ₦550,000,000. That ₦50,000,000 reduction is already priced in. It will not last. The call to action This is not for everyone. If you are still sorting your finances, bookmark it and come back. No judgment. But if you are a senior professional who is genuinely done with the rent cycle --- who has capital ready and wants to plant a flag in one of Lagos' most resilient addresses --- then this conversation is for you. Call or WhatsApp the agent directly. One viewing. No pressure. You'll know within five minutes if this is the right move. Because the real question isn't whether you can afford it. It's whether you can afford another five years of the alternative. 2 Bedrooms 2 Bathrooms 3 Toilets Saka Tinubu Street, Victoria Island, Lagos Listed by Smilebay Realties Limited Ref: 3501440

Saka Tinubu, Victoria Island (VI), Lagos
2 2
Newly Built 5-Bedroom Fully Detached Duplex
Featured
23
$2,600,000

Detached duplex for sale

Newly Built 5-Bedroom Fully Detached Duplex

Banana Island. Newly Built. Fully Detached. G+3 Floors. Cinema Room. Rooftop Lounge Off the Master Suite. C of O. Two Units. $2,600,000. This Is the Definitive Lagos Address. And There Are Only Two of Them. The problem Every Lagos professional who has reached the top tier of their career has had a version of the same private conversation. Not with anyone else. With themselves. Usually on a flight back to Lagos. Usually looking out the window at the city below --- the lagoon, the island, the lights --- and doing a quiet, honest inventory of the gap between what they have built professionally and where they actually live. The title is senior. The responsibilities are significant. The decisions that pass through your hands every week would be remarkable to anyone who observed them from the outside. And yet. The home does not reflect any of it. Not in a dramatic way. The compound is fine. The building is decent. The neighbourhood is acceptable. But "acceptable" is the word that sits in the back of the mind like a low-grade alarm --- the signal that the residential chapter has not yet caught up to the professional one. There is one address in Lagos where that alarm goes quiet. One island. One category of home. One title that --- when you say it at a dinner, on a call, in a profile --- requires no further explanation anywhere in the world. Banana Island. The agitation Here is what operating at the apex of Lagos professional life at the wrong address costs --- beyond the practical inconveniences of commute and landlord management. It costs context. The home you live in is the environment that produces the recovery, the thinking, and the presence that your career demands. It is where your children form their first impressions of what their parents built. It is where the informal conversations that precede the formal decisions happen. It is what international colleagues, visiting partners, and board members see when they visit Lagos and you host. A home that is merely acceptable produces a version of all of those things that is merely acceptable. Banana Island produces something different. The controlled access. The managed island environment. The resident profile --- the country's most senior executives, diplomats, multinational heads, and family wealth that has operated at this level for generations. The physical environment that was planned, built, and maintained at a standard that no other address in Lagos has replicated. The professionals who have been living on Banana Island for the last decade are not more talented than you. They are not significantly wealthier in career earnings. They made one decision --- at some point, in response to the same private conversation you have been having --- that placed them in the correct environment for the phase of their life they had reached. And now you are looking at two newly built, fully detached, five-bedroom duplexes on that island. C of O. Cinema. Rooftop lounge. Pool. $2.6M. There are two of them. The solution Two newly built, fully detached 5-bedroom duplexes on Banana Island, Ikoyi. Certificate of Occupancy. G+3 floors --- ground floor through Level 3 --- designed with a floor plan architecture that has not appeared in any other residential listing in this portfolio. $2,600,000 per unit. Here is what four floors of Banana Island living actually delivers: Ground floor --- the social heart of the house. A massive living room that sets the register for every person who enters. A fully fitted kitchen. A pantry. A guest toilet. This floor is where the household receives --- guests, clients, family --- in a space that was sized for exactly that function. Not a reception area adapted from a lounge. A room designed to receive. Level 1 --- the second living world. A spacious family lounge --- separate from the ground floor social spaces. A cinema room with dedicated AV capacity. An office space --- not a desk in a bedroom, a room whose function is defined by its architecture. A guest room and guest bathroom. And a second kitchen on this floor. This means the upper levels of the house are not dependent on the ground floor kitchen for function. The family's private floors --- Level 1 through Level 3 --- operate with the same infrastructure completeness as the social ground floor. The household is not a hierarchy of access. It is a stack of fully equipped living environments. Level 2 --- three massive en-suite bedrooms. Three bedrooms. All en-suite. All described in the developer's own words as massive. In a fully detached duplex on Banana Island, "massive" is not a marketing modifier. It is a proportional description of what 500sqm of land on a planned island permits a developer to deliver when they are not compromising on space. Three adults --- or two children and a parent --- wake up on Level 2 to private bathrooms and rooms that do not require furniture compromise. The layout breathes. Level 3 --- the master suite and the rooftop. The master bedroom occupies the top floor. It is en-suite. It has a walk-in closet. And directly adjacent to it --- not separated by a staircase, not accessed through a common corridor --- is a rooftop lounge area. This is not a shared rooftop. It is the master suite's private outdoor extension. The morning coffee before the calls begin. The evening decompression after the meetings end. The Lagos skyline and lagoon from the top of a fully detached building on Banana Island, accessible from your bedroom without leaving your floor. Swimming pool. Your pool. Your compound. Your terms. Banana Island at 7 AM on a Sunday is quiet in a way Lagos almost never is. The pool on this island, in this compound, at that hour, is the specific experience of living at an address that has separated itself from the city it exists within. Boys' Quarters. Your domestic staff has dedicated private quarters. Your home's spatial integrity and your family's privacy remain intact permanently. The security infrastructure is layered, not minimal. Security gate. Perimeter fencing. Electric fence. Burglar proof. CCTV surveillance. Intercom. Fire safety. This is not a list of features. It is an institutional security architecture appropriate to an address whose resident profile has required exactly this level of protection for decades. The island has controlled vehicle access. The building adds perimeter, electric, surveillance, and communication layers on top of that. The environment your family lives in is secured at multiple independent levels simultaneously. 24-hour power. Prepaid meter. Borehole. Treated water. High-speed internet. The utility infrastructure is complete, independent, and confirmed. Power is continuous. Water is treated and stored. Internet is high-speed. The building does not require you to manage its basic operational infrastructure. It manages itself. Certificate of Occupancy. The title is a C of O --- the most individually registered, buyer-named title instrument in Lagos land law. It is issued in the name of the current owner. When you purchase, it transfers to you. There is no derivation chain, no upgrade process, no post-purchase application to initiate. The title work is done. Your solicitor verifies it. The transaction proceeds. $2,600,000 per unit --- approximately ₦3,564,000,000 at current exchange rates. The dollar denomination is confirmed. The naira equivalent reflects the current exchange rate and fluctuates. The asset does not. A fully detached, newly built, G+3 duplex on Banana Island with C of O, cinema, rooftop lounge, pool, BQ, 24-hour power, and a layered security infrastructure --- denominated in dollars --- is a naira hedge that has no equivalent in the residential property portfolio. The asset holds its dollar value regardless of what the naira does between now and your exit. Two units available. Not a development of twenty. Not a block of identical apartments. Two fully detached duplexes --- each self-contained, each with its own compound, pool, and BQ, each with a C of O --- on Banana Island. When they are gone, they are gone. There is no next phase. There is no similar offering coming to market. The island is finite. The inventory is two. Banana Island does not flood. The island was planned, graded, and drained as part of its original development infrastructure. The drainage systems were designed before the first building was built --- not retrofitted onto terrain. A fully detached building on Banana Island with residential levels from ground to Level 3 sits entirely above any flooding scenario that has affected any part of Lagos in recorded history. Smilebay Realties does not list properties in flood-prone areas. This property on Banana Island was assessed against that standard before listing. It passed comprehensively. The call to action Two units. Banana Island. $2.6M each. C of O. Newly built. Fully detached. The buyer for this property is not forming their view of Banana Island for the first time. They have been here for dinners, for meetings, for viewings that did not result in a purchase because the available product was not right. They understand what C of O on Banana Island means. They understand what a G+3 fully detached building with a private rooftop lounge off the master suite represents at this address. They are not browsing. They are deciding. One call. All documentation available. Both units available for viewing. Call or WhatsApp Smilebay Realties: +234 901 517 4801 Two units. One island. No equivalent anywhere else in Lagos. 5 Bedrooms --- 6 Bathrooms --- 7 Toilets --- Fully Detached --- Newly Built G+3 Floors --- Serviced Ground Floor: Massive Living Room --- Fitted Kitchen --- Pantry --- Guest Toilet Level 1: Family Lounge --- Cinema Room --- Office Space --- Guest Room --- Guest Toilet --- Kitchen Level 2: Three Massive En-Suite Bedrooms Level 3: Master En-Suite Bedroom --- Walk-In Closet --- Private Rooftop Lounge Swimming Pool --- Boys' Quarters --- Spacious Compound pop Ceilings --- Built-In Wardrobes --- Tiled Floors --- Water Heater Security: Security Gate --- Perimeter Fencing --- Electric Fence --- Burglar Proof --- CCTV --- Intercom --- Fire Safety Power and Utilities: 24-Hour Power --- Prepaid Meter --- Borehole --- Treated Water --- High-Speed Internet Title: Certificate of Occupancy Banana Island, Ikoyi, Lagos Price: $2,600,000 per unit (approximately ₦3,564,000,000 at current rates --- naira equivalent subject to exchange rate fluctuation) 2 Units Available Flood-Free --- Confirmed by Smilebay Realties Pre-Listing Assessment Listed by Smilebay Realties Limited --- Ref: 3541343

Banana Island, Ikoyi, Lagos
5 6
645SQM Bare Land Temple Road / Olu Holloway Road, Old Ikoyi, Ikoyi,
Featured
2
₦4,500,000

Residential land for sale

645SQM Bare Land Temple Road / Olu Holloway Road, Old Ikoyi, Ikoyi,

Temple Road. Old Ikoyi. 645sqm. Lagos C of O. ₦4,500,000 Per Square Metre. This Is What a Clean Ikoyi Land Title Looks Like. And This Is the Street It Comes On. The problem Old Ikoyi land has a reputation problem --- not with its value, but with its availability. The streets that define the original Ikoyi --- the tree-lined, wide-road, established residential corridors that Lagos's most senior families, diplomats, and multinational executives have occupied for generations --- rarely release land to the open market. When they do, it is because of a specific circumstance: an estate settlement, a portfolio restructuring, a family decision, a motivated vendor whose timeline creates a window that closes faster than most buyers can form a view. Temple Road and Olu Holloway Road are exactly those streets. They are not addresses that appear in property listings frequently. They are the Ikoyi that people describe when they say Ikoyi --- the original layout, the mature canopy, the residential character that has been consistent for fifty years. The buildings on these streets tell you who has lived in Old Ikoyi across the generations of Lagos's corporate and political leadership. 645sqm of bare land on these streets, with a Lagos C of O, has entered the market today. The agitation Here is the specific cost of missing a clean Ikoyi land position when one becomes available. Old Ikoyi is the most supply-constrained residential land market in Lagos. The streets are finite. The plots are held by families and institutions who acquired them at a time when the per-sqm rate was a fraction of today's number. Those holders do not sell because they need to. They sell when circumstances specifically require it. The rate at which Old Ikoyi land at this per-sqm rate has entered the market and been absorbed in the last decade is the documented evidence of what happens when a qualified buyer delays the decision. The plot does not stay available. It transacts --- sometimes in days, sometimes in weeks --- to a buyer who was ready when the window opened. Compare the current position to what happened on the comparable streets in this same sub-corridor. The Kingsway Road cluster in Old Ikoyi, which was available at ₦4.5M per sqm --- the same per-sqm rate as this plot --- has moved. The Bourdillon Road parcels, also at ₦4M per sqm, have been absorbed into conversations that the undecided buyer was not part of. Temple Road and Olu Holloway Road is where you are now being offered the same entry into the same sub-corridor. The window on this specific plot opened today. The solution 645 square metres of bare residential land at the junction of Temple Road and Olu Holloway Road, Old Ikoyi, Ikoyi, Lagos. Lagos Certificate of Occupancy. ₦4,500,000 per square metre. Total acquisition cost: ₦2,902,500,000. Here is what this plot actually represents --- beyond the numbers: Temple Road and Olu Holloway Road, Old Ikoyi --- the specific address that defines what Ikoyi is. This is not Old Ikoyi as a postcode approximation. This is the interior residential core of the original planned Ikoyi --- the streets that were laid out before Lagos became what it is today and that have maintained their character, their tree canopy, their residential quality, and their address credibility through every cycle of Lagos's development. The homes on these streets belong to families whose names are part of Nigerian corporate, political, and diplomatic history. The address itself is a credential that no amount of development elsewhere in Lagos can replicate. You are not acquiring proximity to Old Ikoyi. You are acquiring Old Ikoyi. 645sqm --- the development footprint for a full residential statement. At 645sqm, the land accommodates a fully detached private residence with pool, compound, parking, BQ, and outdoor infrastructure without spatial compromise. Or a premium boutique residential development whose units address the highest-end buyer profile in Lagos. Both development paths are viable. Both produce finished properties whose exit value is determined by the address --- Temple Road, Old Ikoyi --- not just the building specification. The land is the leverage. Lagos Certificate of Occupancy --- the cleanest individual title in Lagos land law. This is not a Global C of O requiring derivation through a Deed of Assignment. This is not a Federal C of O requiring a different regulatory conversation. This is a Lagos C of O --- issued by Lagos State --- individually registered in the name of the current landowner, directly in the buyer's name upon transfer. There is no upgrade process. No post-purchase application. No conversion step. Your solicitor verifies the C of O. The transfer is completed. The title is in your name. The process from verification to completion is the most straightforward land title transaction available in Lagos residential property law. For a buyer who has looked at land positions across the Ikoyi corridor --- Kingsway, Bourdillon, Lugard Avenue, Queens Drive --- and has encountered Global C of O, Deed of Assignment, and Governor's Consent in various stages of completion, the Lagos C of O on Temple Road is the position where the title conversation is shortest and most definitive. Bare land --- ready to build on your timeline, to your specification, to your standard. No demolition. No encroachment resolution. No pre-existing structure embedding someone else's decisions into your build. You commission your architect. You appoint your contractor. You build the home or the development that Temple Road deserves and that your vision requires. The land does not impose any constraints on that vision beyond the plot boundary and the applicable Old Ikoyi building regulations --- which, if anything, protect the environment your building will sit in by ensuring the neighbours build to the same standard. ₦4,500,000 per sqm. Total: ₦2,902,500,000. At this per-sqm rate, Temple Road / Olu Holloway Road is priced consistently with the Kingsway Road corridor of Old Ikoyi --- the same sub-zone, the same address caliber, the same C of O title standard. For the developer or investor who has been tracking Ikoyi land at this price level, the per-sqm figure requires no explanation. It is the correct number for this street. The total acquisition of ₦2.9B is what owning 645sqm on Temple Road in the centre of Old Ikoyi costs in 2026. Old Ikoyi, Temple Road and Olu Holloway Road, does not flood. The original Ikoyi road network was planned and drained as part of the colonial-era infrastructure that predates most of Lagos's residential development. The streets and drainage of this sub-corridor have been managed and maintained for decades. This is among the most drainage-stable zones in the entire Lagos Island area. Smilebay Realties does not list properties in flood-prone areas. This plot on Temple Road, Old Ikoyi, was assessed against that standard before listing. It passed. Your land acquisition on one of Ikoyi's most established residential streets is protected from the rainy-season risk that affects less-managed or lower-lying Lagos addresses. The call to action Temple Road, Old Ikoyi. 645sqm. Lagos C of O. ₦4.5M per sqm. Total ₦2,902,500,000. Posted today. Available now. The buyer for this plot is in one of three positions: First --- a developer whose project requires an Old Ikoyi address and who understands what Temple Road / Olu Holloway Road produces as an exit address for finished residential units. Second --- a private principal whose home has been the deferred decision for long enough and who has the capital to acquire the correct Ikoyi land position and build exactly what they have been envisioning. Third --- a family office or investment portfolio adding Old Ikoyi land --- C of O titled, bare, ready to build --- as a naira-hedged, supply-constrained asset class whose appreciation history in this sub-corridor needs no projection to be credible. All three conversations start with the same call. Lagos C of O available for immediate solicitor review. Site visit arrangeable this week. Call or WhatsApp Smilebay Realties: +234 901 517 4801 Temple Road is not a street that waits. Neither does the buyer who moves when the window is open. 645sqm Bare Land --- Residential Temple Road / Olu Holloway Road, Old Ikoyi, Ikoyi, Lagos Title: Lagos Certificate of Occupancy --- Individually Registered Price: ₦4,500,000 per sqm Total Acquisition Cost: ₦2,902,500,000 Condition: Bare Land --- Ready to Build --- No Demolition Required Flood-Free --- Confirmed by Smilebay Realties Pre-Listing Assessment Listed by Smilebay Realties Limited --- Ref: 3541302

Temple Road/Olu Holloway Road, Old Ikoyi, Ikoyi, Lagos
5-Bedroom Three-Level Penthouse
Featured
20
$3,500,000

Flat / apartment for sale

5-Bedroom Three-Level Penthouse

The Doors Are Bulletproof. The Pool Is on the Roof. The Views Are Unobstructed Across the Entire Ikoyi Skyline. Deed of Assignment. C of O on the Land. This Is Not a Lagos Penthouse. This Is the Lagos Penthouse. The problem At a certain level of professional life, the conversation about real estate stops being about square metres and starts being about something that is harder to name. It is about the place that reflects the full weight of what you have built. Not partially. Not aspirationally. Completely. The home where the security infrastructure matches the profile of the person inside it. Where the view from the terrace says --- without a single word --- that you are at the top of the city, not in it. Where every material decision, every finish, every architectural choice communicates that the person who lives here operates at a level where compromise is simply not part of the available options. Most Lagos residences --- even the best ones --- get close. A three-level penthouse in Old Ikoyi Central, with bulletproof doors, a rooftop infinity pool, private elevators, and an unobstructed wraparound terrace from which you can see the entire Ikoyi skyline, does not get close. It arrives. The agitation Here is what the highest tier of Lagos residential real estate has been missing --- and what every serious buyer at this level has felt when looking at the available options. The premium residential market in Lagos has produced excellent properties. Good buildings, strong addresses, well-executed developments at ₦500M, ₦800M, ₦1B, even ₦3B. Some of them are in this portfolio. But there has been a specific gap between what Lagos's most senior principals --- the Group Managing Directors, the regional heads of multinational organisations, the founders whose exits have created generational capital, the family offices that manage wealth across multiple currencies and geographies --- require in a home, and what the market has consistently delivered. That gap is specification depth. The difference between a good Lagos penthouse and the right Lagos penthouse is not the number of bedrooms. It is whether the doors are bulletproof. Whether the pool is on the roof, facing the skyline, rather than in a compound below the residential floors. Whether the elevators are private --- yours alone, not shared with the building's other residents. Whether the terrace wraps the entire perimeter of the penthouse, giving you Ikoyi in every direction without interruption. Whether the smart home system is genuinely integrated, not a panel that controls two lights. Whether there are three BQs --- because at this level, the domestic infrastructure is not a single gate man and a cleaning schedule, it is a staff of three with separate, properly configured quarters. And whether the title is clean, documented, and ready for your solicitor on day one. The buyer at $3.5M has been in enough properties --- in Lagos, in Dubai, in London, in Singapore --- to know immediately when a residence crosses from impressive to correct. This one crosses. The solution a five-bedroom, three-level penthouse in Old Ikoyi Central, Ikoyi. Fully furnished. Fully finished. Deed of Assignment backed by a Certificate of Occupancy on the land. $3,500,000. There is no other penthouse in Lagos with this precise combination of specifications. Here is what each one means at the level of daily lived experience: Bulletproof doors. The statement that precedes everything else this penthouse communicates. Bulletproof doors are not installed in a building by a developer trying to impress a buyer. They are installed because the profile of the person who belongs in this residence demands it. They are a security infrastructure decision of the same category as a private elevator and a dedicated security perimeter --- not a feature, a standard. For the principal who lives here, the presence of bulletproof doors is not remarkable. It is expected. That expectation being met on day one is the correct beginning of the relationship between this residence and its owner. A rooftop overflowing pool. Not in the compound. Not on a shared amenity floor. On the roof of the penthouse. The pool that overflows at its edges --- the infinity effect that makes the water appear to merge with the Ikoyi skyline beyond it --- sits at the top of a three-level residence in the centre of Old Ikoyi. Swimming in this pool is not an activity. It is a position. You are above the neighbourhood, above the canopy, above the city's ambient activity, with the Lagos lagoon and the Ikoyi residential landscape in every direction. That experience is not replicable at any lower position in any building in this corridor. A wraparound terrace with unobstructed 360-degree views of the entire Ikoyi. The terrace runs the full perimeter of the penthouse level. There is no building between this terrace and the Ikoyi skyline in any direction --- because the penthouse sits at the top of its building in the centre of a residential neighbourhood whose tree canopy and low-rise character protects the view rather than obstructing it. The Lagos lagoon is visible. The VI skyline is visible in the distance. The Ikoyi residential interior --- the most consistently premium neighbourhood in Nigeria --- is visible in every other direction. This is the view that people who have been to the best penthouses in Dubai, New York, and Cape Town recognise as its equal. Private elevators. Plural. The elevators in this penthouse are private --- serving the penthouse exclusively, not the building's other floors or other residents. You press the button. The elevator comes. You are the only person who uses it. There is no lobby wait, no shared cabin, no floor-by-floor stop. The vertical movement of this residence is designed with the same privacy philosophy as every other element of it. Floor-to-ceiling windows throughout. The light quality in this penthouse is determined by walls of glass, not apertures. The natural light that enters through floor-to-ceiling windows on all sides of a three-level penthouse in Old Ikoyi changes the character of every room. The living space breathes differently. The depth of the interior reads differently. The connection between inside and outside is not a view through a window frame but a continuous visual relationship with the city beyond. Double-volume living spaces. The vertical dimension of the main living areas is double the standard ceiling height. In combination with the floor-to-ceiling windows, this creates a living room that functions at a completely different scale from any standard apartment --- acoustically, visually, and spatially. The room absorbs a gathering of twenty without compression. It produces silence when empty in a way that only genuine volume creates. Skylights in multiple areas. Natural light arrives from above as well as from the sides. The skylights change the quality of light in the rooms they serve in a way that lateral windows alone cannot achieve --- the light falls vertically, creating warmth and depth at different hours of the day. In a penthouse already defined by its relationship with natural light, the skylights are the refinement of that relationship. Smart home --- fully integrated. Climate, lighting, security, access, entertainment --- all managed from a single interface. The home responds to the resident rather than requiring the resident to manage it. This is a designed, integrated, building-level system specified at the same level of intentionality as every other element of the penthouse. It does not require management. It requires only habitation. Dry and wet fully fitted kitchen --- separate. A dry kitchen handles the everyday food preparation --- appliances, counter work, daily cooking. A wet kitchen handles the messy, heavy, large-scale cooking that a household at this level produces --- parties, large family gatherings, the kind of event where a professional chef is working and the kitchen is a production environment. Two separate kitchens mean neither function compromises the other. The dry kitchen remains clean and composed at all times. The wet kitchen absorbs everything that would otherwise disturb that composure. A cinema room. A dedicated, acoustically designed room for the experience --- not a projector mounted in a lounge. The household's entertainment infrastructure is a room, not an arrangement. Three BQs. Three separate, dedicated domestic staff quarters. Your household at this level does not operate with one gate man and a prayer. It operates with a properly staffed domestic infrastructure --- security, cleaning, cooking --- each with their own space, properly configured, within the penthouse's footprint. Your home's privacy and spatial flow remain intact at all times. Two-door access. Two independent entry and exit points to the penthouse. The operational and security significance of dual access at this level is immediate --- separate arrival and departure routes, separate staff and principal access, two independent egress options. In a residence with bulletproof doors, the dual-access design is the architectural completion of the security philosophy the building has committed to. Air conditioning, gym, 24-hour power, standby generator, borehole, treated water, CCTV, electric fence, intercom, fire safety, outdoor lighting, car park, balconies. The full utility and security infrastructure stack is in place and confirmed. Nothing is aspirational or pending. Every system listed exists and operates. The penthouse is fully equipped from the day you take possession. Fully furnished and finished. Every room in this penthouse has been furnished. Not show-unit furnished --- placed for viewing purposes --- but actually furnished to the standard that a principal who pays $3.5M expects. You bring your personal effects. The home is ready to receive them. Title: Deed of Assignment backed by a Certificate of Occupancy on the land. The land on which this building stands carries a Certificate of Occupancy --- the individually registered, state-issued title instrument that is the strongest available in Lagos land law. The buyer receives a Deed of Assignment --- the recognised conveyance instrument that transfers the ownership interest from the current titleholder to you. Together these instruments form one of the cleanest title chains available in Lagos residential property. The C of O on the land gives the Deed of Assignment its legal weight and its traceability to the Lagos State government as the title authority. Your solicitor verifies both instruments. The documentation is available for review from the moment contact is made. There are no title questions that this transaction will not be able to answer. $3,500,000. Approximately ₦4,805,570,343 at current exchange rates. Dollar-denominated. The asset holds its dollar value regardless of what the naira does between now and your exit. A fully furnished, three-level penthouse in Old Ikoyi Central --- with bulletproof doors, rooftop pool, wraparound terrace, private elevators, floor-to-ceiling windows, double-volume spaces, smart home, dual kitchen, cinema, gym, and three BQs --- priced in the currency that the global wealth management conversation uses. This is not a Lagos property priced in dollars for marketing effect. It is a dollar-denominated asset in the most consistently premium residential neighbourhood in Nigeria. Old Ikoyi Central does not flood. The established residential core of Old Ikoyi --- with its mature infrastructure, managed road network, and elevation position within the island --- is among the most drainage-stable zones in Lagos. A penthouse at the top floors of a building in this neighbourhood sits entirely above any flood risk scenario that has affected Lagos in recorded history. Smilebay Realties does not list properties in flood-prone areas. This penthouse in Old Ikoyi Central was assessed against that standard before listing. It passed. The call to action There is one of this. One three-level penthouse in Old Ikoyi Central with bulletproof doors, a rooftop overflowing pool, a wraparound terrace with unobstructed 360-degree Ikoyi skyline views, private elevators, floor-to-ceiling windows, double-volume spaces, smart home, dry and wet kitchens, cinema, gym, three BQs, dual access, and a Deed of Assignment backed by C of O on the land. Fully furnished. $3,500,000. The buyer for this residence is not forming their view of Old Ikoyi for the first time. They have been in buildings at this level elsewhere. They know what correct looks like. They are not comparing this to other Lagos penthouses. They are evaluating whether this is the residence that ends the search for a Lagos principal address. One call. All documentation available. Full furnishing inventory available on request. Viewing by appointment. Call or WhatsApp Smilebay Realties: +234 901 517 4801 The doors are bulletproof. The pool is on the roof. The title is clean. There is one. 5 Bedrooms --- 5 Bathrooms --- 7 Toilets --- Three-Level Penthouse Fully Furnished --- Fully Finished --- Serviced Bulletproof Doors --- Two-Door Access --- Private Elevators Rooftop Overflowing Pool --- Wraparound Terrace --- 360° Unobstructed Ikoyi Skyline Views Floor-to-Ceiling Windows --- Double-Volume Living Spaces --- Skylights in Multiple Areas Smart Home --- Fully Integrated Dry Kitchen --- Wet Kitchen --- Both Fully Fitted Cinema Room --- Gym --- 3 Boys' Quarters --- Car Park --- Balconies Interior: Air Conditioning --- pop Ceilings --- Built-In Wardrobes --- En-Suite Bedrooms --- Tiled Floors --- Water Heater --- Guest Toilet Power and Utilities: 24-Hour Power --- Standby Generator --- Prepaid Meter --- Borehole --- Treated Water Security: Security Gate --- Electric Fence --- Perimeter Fencing --- CCTV --- Intercom --- Fire Safety --- Security Gateman --- Outdoor Lighting Title: Deed of Assignment Land Title: Certificate of Occupancy (C of O) Both documents available for immediate solicitor review Old Ikoyi Central, Old Ikoyi, Ikoyi, Lagos Price: $3,500,000 (approximately ₦4,805,570,343 at current rates --- naira equivalent subject to exchange rate fluctuation) Flood-Free --- Confirmed by Smilebay Realties Pre-Listing Assessment Listed by Smilebay Realties Limited --- Ref: 3541286

Old Ikoyi (Central), Old Ikoyi, Ikoyi, Lagos
5 5
2-Bedroom Fully Serviced Apartment
Featured
2
₦500,000,000

Flat / apartment for sale

2-Bedroom Fully Serviced Apartment

You Have the Title. The Salary. The Respect at Work. So Why Are You Still Begging Lagos for Peace? The problem It's Thursday evening. You just wrapped a back-to-back day. Two board presentations. One escalation call you didn't see coming. A sprint review that ran 45 minutes over. You leave the office at 7:15 PM thinking you might catch dinner at home. You won't. You're on Adeola Odeku, then Ozumba Mbadiwe, then --- nothing. A standstill. Okada horns. Bus fumes baking in the heat. Your Uber driver is sighing. Your collar is damp. You have 11 unread WhatsApps and zero energy to open any of them. You finally get in at 9:40 PM. Your spouse is already in bed. Your child didn't wait up. You eat alone. You scroll. You sleep. You wake up and do it again. This isn't a rough patch. This is the structure of your life. The agitation The brutal part? You are not a struggling person. Your account looks fine. Your designation is senior. Your company car is clean. People call you for advice. But you are still renting. Which means someone else --- your landlord, who likely earns a fraction of what you earn --- is deciding the terms of your life. He decides what gets fixed and when. He decides when the rent goes up. He decided, two Novembers ago, to add a new "estate development levy" to your renewal and you paid it because you had no choice. Your last rent was ₦7 million per year. Before that it was ₦4.5 million. Before that, ₦3 million. You have been paying this man --- one who does not work your hours, does not carry your pressure, does not sit in your traffic --- more money every single year. With nothing to show for it on your balance sheet. Meanwhile, your colleague who bought on VI four years ago is sitting on an asset that has nearly doubled. He is not smarter than you. He just stopped renting sooner. Every month you wait is a month you fund someone else's equity. The solution This apartment on Ajose Adeogun Street, Victoria Island is not a property. It is the restructuring of your entire daily life. Here is what changes the moment you own it: Your commute ends. Ajose Adeogun sits in the heart of VI. Your office, your bank, your biggest client --- all within 5 to 15 minutes. The hours you bleed daily on the road? You get them back. That is time with your family. That is sleep. That is clarity you haven't had in years. No landlord. No lease. No renewal negotiation. Nobody knocks on your door unannounced. Nobody sends you a letter in October telling you what your home will cost next year. You own it. The conversation is over. It is fully serviced. That means estate management is handled. The common areas, the facilities, the infrastructure --- maintained. You are not moving into someone else's problem. You are moving into a system that works. It is fully fitted and finished. Move-in ready. Not a project. Not "almost done." Done. Your time is too valuable for construction drama. Two bedrooms. Two bathrooms. Three toilets. Room to breathe. Room for your child. Room for a guest. Space that reflects who you actually are --- not who your rent budget forced you to become. The title documents are clean and available for due diligence. No stories. No family land disputes. No pending litigation. The paperwork is ready. You verify, you proceed. The address is its own insurance. Ajose Adeogun, Victoria Island. This corridor does not lose value. It absorbs naira inflation. It commands rental income. If you ever choose to let it, this apartment earns rental returns that will make the purchase price look conservative within a few years. The ask: ₦500,000,000. Clean. Documented. Serviced. Ready. The call to action This is a short conversation for a specific kind of person. Not someone browsing. Not someone who will "think about it" for eight months while rent counts up. This is for the senior professional who is genuinely done --- who has the capital or the financing structure and wants to move with information, not emotion. If that is you, reach out to Smilebay Realties directly. One call. One viewing. You will walk in and know within ten minutes whether this is the decision you've been delaying for too long. Call or WhatsApp: +234 901 517 4801 Because the only thing more expensive than this apartment is another three years of paying rent on someone else's asset while yours stays at zero. 2 Bedrooms 2 Bathrooms 3 Toilets Fully Serviced Clean Title Documents Available Ajose Adeogun Street, Victoria Island, Lagos Ref: 3474749 Listed by Smilebay Realties Limited

Anode Adeogun, Victoria Island (VI), Lagos
2 2
Newly Built 4-Bedroom Maisonette Off Admiralty Way, Lekki Phase 1
Featured
24
₦450,000,000

Terraced duplex for sale

Newly Built 4-Bedroom Maisonette Off Admiralty Way, Lekki Phase 1

Your Children Are Growing Up. They Won't Wait for You to Find the Right House. The problem Somewhere between the school run and the third meeting of the day, it hits you. Not dramatically. Quietly. Your daughter asked you last Sunday if you could swim together. You said soon. You have been saying soon for eight months. The compound you live in does not have a pool. The nearest one requires a drive, a booking, a whole production --- and by the time you get there, the afternoon is already half gone and someone's phone is ringing. Your son has started spending weekends in front of a screen because there is nowhere else for him to go inside the apartment. The compound is too small. The street outside is not something you want to send him into unsupervised. You leave for work before they wake up most mornings. You return after they have eaten. The hours you have with them --- the real, unhurried hours, not the rushed morning routine or the distracted evening --- are the ones that happen inside the home. On weekends. In the spaces your compound creates or fails to create. Your current compound fails to create them. And the years are moving. The agitation Here is what nobody says in the property conversation but every parent carries privately. The home you raise your children in is not just shelter. It is the physical infrastructure of their childhood. The compound where they learn to ride a bicycle. The pool where they lose their fear of water. The play area where they make the friendships that last into secondary school. The staircase they run up and down a hundred times before they are eight. The space that is theirs --- safe, bounded, theirs. Your current home is not producing those experiences. Not because you are failing as a parent. Because the building is failing as a home. And every month you stay in a compound that doesn't work for your family, you are not just paying rent --- you are paying rent on a reduced version of your family's life. You are funding a landlord's asset with money that could have been building equity in an address that actually gives your children the environment they deserve. Your colleagues who bought in Lekki Phase 1 two and three years ago are not having this conversation anymore. They had it once, they made the decision, and they moved. Their weekends look different from yours. Their children's weekday evenings look different from yours. Their landlord situation --- they don't have one. The rent you are paying this year is the cost of the decision you didn't make last year. What will you pay next year for the decision you don't make now? The solution This newly built 4-bedroom maisonette off Admiralty Way, Lekki Phase 1, is built around a family that has stopped accepting less than what it has earned the right to. First --- the structure itself. A maisonette is not an apartment and it is not a standalone house. It is specifically designed for a family that wants multi-floor living --- bedrooms on upper floors, living and social spaces below --- with its own private entrance. You come home to your front door, not a shared corridor. Your household has its own vertical world. The estate provides the perimeter security and the shared amenities. The maisonette provides the private family architecture inside it. This combination is the reason a maisonette in a properly managed Lekki Phase 1 estate commands a premium over a standard flat at the same bedroom count. Here is what the estate and the unit deliver together: A swimming pool --- already in the compound, available today. Not "coming soon." Not a booking system. A pool in the estate your children will live in. The Sunday morning swim you have been saying "soon" to for eight months ends the day you move in. It ends permanently. A dedicated children's play area. Enclosed within the estate's security perimeter. Your children play there unsupervised --- because the perimeter is controlled, the security is professional, and you can see it from the building. This is not a playground three streets away that requires you to accompany them every time. It is your compound. The freedom they gain from it is something that does not show up on a spec sheet but changes the texture of your weekends completely. Four bedrooms, all en-suite. Four bathrooms. Five toilets. Every member of your household wakes up with their own bathroom. Nobody waits. Nobody negotiates morning timings. The household runs with the same efficiency your professional life demands --- without the friction that comes from four people sharing two bathrooms. Fully fitted kitchen --- with washing machine included. Not a kitchen you need to equip. Not a shell you bring appliances into. A complete, operational kitchen from the day you hand over. The washing machine is in the spec. You bring your groceries. The home is ready. 24/7 CCTV surveillance across the estate. Cameras covering every approach. Every exit. Every common area. This is not a single security guard making rounds. It is layered surveillance infrastructure that means when you travel for work --- and you do, regularly --- your family is inside a monitored perimeter, not relying on a single gate man's vigilance. Corporate security guard. Professional, dedicated, estate-posted. Not a facility shared with four other compounds. Your estate's security is specific to your estate. 24/7 electricity via estate power management system. Power is handled at the building infrastructure level. The PABX-linked power management system means units are coordinated, not individually dependent on generator management. You come home and the power is on. You leave for a three-day work trip and your family lives in a house that functions. The generator management conversation --- the one that opens every morning in most Lagos homes --- is not your conversation here. Servant quarter included. Your live-in domestic staff has dedicated quarters. Your home's spatial flow, your family's privacy, your household's separation of professional and domestic space --- all maintained. Yours is a home that works for the family that lives in it, not around it. Newly built. First occupancy. Nobody else has lived in this maisonette. The finishes are original. The systems are new. The fixtures have not failed yet because they have not been used yet. You are not inheriting a building's history. You are starting its first chapter. Off Admiralty Way, Lekki Phase 1. ₦450,000,000. Admiralty Way is the primary residential address in Lekki Phase 1. Not a side street off a side street. Admiralty Way itself. For a family with children in Lekki Phase 1 schools --- American International, Greensprings, various others in the corridor --- this address puts you within the school run radius that eliminates the morning commute-plus-school-run double burden. Your children's school is close. Your office is reachable. The weekend is yours. The call to action This is a family home. It is built for the Lagos corporate professional who has spent long enough in a compound that works against the family life they are trying to create --- and has made the decision to stop accepting that. ₦450,000,000 in Lekki Phase 1, newly built, with a pool, a children's play area, full en-suite rooms, a fitted kitchen, 24/7 power, and estate-level surveillance. If your capital is structured and you want to walk the property before someone else does, this is a one-call decision. Call or WhatsApp Smilebay Realties: +234 901 517 4801 The pool is ready. Your children are ready. The only question that remains is whether you will be the one who moves this weekend or the one still saying "soon." 4 Bedrooms 4 Bathrooms 5 Toilets Newly Built First Occupancy Multi-Floor Maisonette Private Entrance All Rooms En-Suite Swimming Pool Children's Play Area Servant Quarter Fully Fitted Kitchen with Washing Machine 24/7 CCTV Surveillance Corporate Security 24/7 Electricity Estate Power Management Off Admiralty Way, Lekki Phase 1, Lekki, Lagos ₦450,000,000 Listed by Smilebay Realties Limited Ref: 3464871

Off Admirality Way, Lekki Phase 1, Lekki, Lagos
4 4
2-Bedroom Apartment + BQ Adeola Odeku, Victoria Island
Featured
20
₦470,000,000

Flat / apartment for sale

2-Bedroom Apartment + BQ Adeola Odeku, Victoria Island

Adeola Odeku, Victoria Island. Federal C of O. Infinity Pool. Home Automation. Electric Car Charging. 30% Gets You In. 2-Bedroom Units Are Almost Gone. The problem There is a specific address in Lagos where the professional life you have built and the residential life you are living are furthest apart. For most senior VI-based professionals, that address is wherever they are sleeping tonight --- somewhere east of the toll gate, somewhere that made financial sense at a point in time that has now passed, somewhere that requires an early departure every morning to arrive at Adeola Odeku, Ahmadu Bello Way, or the Marina at a time that still makes you competitive. You know this road well. You have been commuting to it for years. You know the Civic Centre side, the banking district turn-offs, the restaurants you go to for client lunches, the shortcuts that stopped working six months ago. What you have not done is sleep five minutes from it. What you have not done is wake up already on Victoria Island --- ready, rested, unhurried --- while your peers are still processing the Third Mainland Bridge at 7:15 AM. That gap --- between where your career happens and where your life happens --- is the daily tax that this listing eliminates. The agitation Here is what that gap has been costing you. Not in abstract terms. In your actual mornings. You leave the house at 5:50 AM. Sometimes 5:40. Not because you are ambitious. Because Lagos gives you no other option if you need to be functional before 9 AM. You arrive depleted. Not dramatically --- not in a way you would describe to anyone --- but at 80% of what you are capable of, every single day, before a single meeting has started. Meanwhile your rent is moving. It went up this renewal. It will go up next renewal. Your landlord does not hate you. He simply understands that your children's school is three streets away, your church is nearby, your domestic routines are mapped to this neighbourhood --- and that the cost of leaving those coordinates is high enough that you absorb the increase and stay. You absorbed it. You will absorb the next one. And every year you do, the equity you are building stays at zero while the equity you are funding stays in his name. The professionals who bought on Victoria Island two and three years ago are not paying anyone's rent anymore. They woke up this morning on the island. They walked downstairs to a concierge who knows their name. They used the spa before their 9 AM call. They drove out of a building with an electric car charging bay in the basement. They are not in a different income bracket from you. They made one decision earlier. The solution This 2-bedroom apartment with BQ on Adeola Odeku, Victoria Island, is that decision --- structured with a payment plan that meets you at your liquidity position rather than demanding everything at once. The building is under active development with December 2027 delivery confirmed. The land carries a Federal Certificate of Occupancy --- the apex title instrument in Nigerian land law. And the amenity stack is the most comprehensive in any apartment listing in this portfolio. Here is what the building delivers, and what each element means for how you actually live: Adeola Odeku, Victoria Island --- the precise address. Not "off VI." Not "VI axis." Adeola Odeku itself. One of the most recognisable commercial and residential roads on the island --- a direct walk or two-minute drive from the banking cluster, the Civic Centre, the major hospitality venues, and every client you have been commuting to for years. The commute does not get shorter than this. For some people who read this, the commute disappears entirely. Infinity swimming pool. The kind that appears to merge with the sky from the water. On Victoria Island. In your building. Sunday morning before 8 AM, before the city wakes up, while Lagos is still deciding whether to start. That is now yours. Home automation throughout. Lighting, climate, access, security --- responsive to your phone before you land at Murtala Mohammed, before you turn into Adeola Odeku, before you walk through the front door. The building responds to where you are. You stop thinking about whether things are on or off. They are correct. Always. Electric car charging station. The first in any property in this portfolio. For the buyer whose vehicle is already electric, or whose next vehicle will be --- this infrastructure exists. It is in the building. It does not require a third-party installation or a conversation with estate management. The developer built it in because this building was designed for 2027 and beyond, not for the power assumptions of 2015. Fitness centre. In the building. Available before the Ozumba Mbadiwe traffic begins and after it ends. The gym membership you cancel every February and re-sign in January --- replaced, permanently, by the one 40 seconds from your bedroom. Serene spa. A dedicated spa within the building. Not a service you book elsewhere and commute to. A recovery infrastructure that is part of the address you own. For the professional whose week is built on sustained high output, the spa is not an indulgence. It is what makes the output sustainable. Concierge service. Someone who handles the operational frictions of living on Victoria Island --- so you spend your attention on what commands it rather than on what merely demands it. Clubhouse and lounge. The informal conversation that precedes the formal decision. The weekend gathering that happens without an event venue being booked. In your building. On your terms. Children's playground. For the executive whose children deserve an environment that matches the standard of everything else in this address. Safe, within the building's secured perimeter, available without logistics. 24-hour power. 24-hour security. CCTV. Smart access. These are the infrastructure baseline. They are confirmed, not aspirational. Fully fitted kitchen and BQ. The kitchen is done. You bring your chef and your groceries. The BQ keeps your domestic staff in their own space. Your household flows without friction from day one. Federal Certificate of Occupancy on the land. As established across multiple land and apartment listings in this portfolio --- a Federal C of O is the title instrument issued directly by the Federal Government. No Lagos State approval chain embedded. No community consent sitting in the title history. No conversion ambiguity. This is the cleanest title available in Lagos real estate. It terminates at the Federal Government. Full stop. The payment plan --- the detail that makes this building accessible at the right moment: 30% or 40% initial deposit secures your unit. The balance is spread over 18 to 24 months --- structured to allow payment across salary cycles, bonus receipts, investment realisations, and capital planning timelines. You do not need to have ₦470M liquid today. You need ₦141M to ₦188M to start the conversation, and a payment structure for the rest. For a 2-bedroom unit at ₦470M on Adeola Odeku with Federal C of O, an infinity pool, home automation, electric car charging, and an 18--24 month balance window --- that entry point is a legitimate financial decision for the senior professional whose capital is structured rather than immediately liquid. The 2-bedroom units are almost sold out. This is not a tactic. It is the current inventory position as stated by the agent. The 2-bedroom at ₦470M is the most accessible entry point into this building --- and there are very few of them left. Adeola Odeku, Victoria Island, is elevated above every flood risk that affects lower-lying or less-established parts of Lagos Island. The road's infrastructure, its position within VI's primary commercial zone, and its elevation above sea-level risk zones make it one of the most physically secure addresses in Lagos. Smilebay Realties does not list properties in flood-prone areas. This development on Adeola Odeku, Victoria Island, was assessed against that standard before listing. It passed. The call to action The 2-bedroom units are almost gone. The ones that remain are available at ₦470M with 30% to initiate --- and a Federal C of O on the land that makes every other title question irrelevant. December 2027 is the delivery date. The unit you secure today at the current price will not be available at this price when the building finishes. Every completed development in this corridor has demonstrated that. This is for the senior professional on or near VI who has been meaning to make this move, whose capital can support the initial payment, and who is done starting their morning on the wrong side of the bridge. One call. All documentation available. Units confirmed. Call or WhatsApp Smilebay Realties: +234 901 517 4801 Adeola Odeku is the address. The building is almost full. Move now or watch someone else take the last unit. 2 Bedrooms --- 2 Bathrooms --- 3 Toilets --- BQ Fully Fitted Kitchen --- Home Automation --- Smart Access Infinity Swimming Pool --- Fitness Centre --- Serene Spa Concierge --- Clubhouse and Lounge --- Children's Playground Electric Car Charging Station --- 24-Hour Power --- 24-Hour Security --- CCTV Federal Certificate of Occupancy on Land Ongoing Development --- Delivery: December 31, 2027 Adeola Odeku, Victoria Island, Lagos Price: ₦470,000,000 --- 2-Bedroom with BQ --- Almost Sold Out Also Available: 3-Bedroom with BQ at ₦570,000,000 --- 4-Bedroom Maisonette at ₦900,000,000 Payment Plan: 30% or 40% initial deposit --- balance over 18 to 24 months Initial Payment Range: ₦141,000,000 to ₦188,000,000 Listed by Smilebay Realties Limited --- Ref: 3174415

Adeola Odeku, Victoria Island (VI), Lagos
2 2
Flagship: 1, 007SQM
Featured
6
₦770,000

Residential land for sale

Flagship: 1, 007SQM

The headline: Lekki Foreshore Estate Is Still Open. Plots from 1,000sqm to 5,035sqm Across Three Distinct Parcels. Including a Lagoon Waterfront Position in Parcel C That Has No Equivalent in This Corridor. Newly Created Layout. Deed of Assignment. Global C of O. Prices Rising. The problem The Lekki Phase 1 land conversation has, for most serious buyers and developers, felt increasingly like a market they missed. The corridor is established. The demand is documented. The price trajectory is a single direction over two decades and it has not reversed. Every professional who has been watching Lekki Phase 1 land from the outside --- calculating, deliberating, waiting for conditions to align --- has watched the per-sqm floor move upward while they stood still. Lekki Foreshore Estate, inside Lekki Phase 1, is a specific sub-address within that corridor that carries all of Phase 1's investment credentials --- plus one that most Phase 1 addresses do not have: a newly created layout across three distinct sub-parcels, each with its own position, its own character, and its own development thesis. The estate infrastructure already exists. The dual-gate access --- Freedom Way and Admiralty Way --- is functioning. The road network is in place. But the individual plot layout has only recently been parcelled into Parcel a, Parcel B, and Parcel C. That combination --- estate infrastructure already built, plot layout recently released --- is the precise entry condition that produces the best land acquisition outcomes in Lagos. The estate is not developing around you. It is already developed. The plots are new to the market. The prices reflect where the corridor is today, not where it will be when these parcels are fully absorbed. That window is open now. It will not be described as "newly created" much longer. The agitation Here is the documented cost of watching a newly created layout in an established Lekki Phase 1 estate from the sideline. The Lekki Foreshore Estate corridor has produced consistent price appreciation across every macro cycle Lagos has navigated in the last fifteen years --- devaluations, inflation spikes, political transitions, global slowdowns. Land in this corridor has not experienced sustained price correction in the way other asset classes have. It has absorbed every headwind and continued moving. The investors and developers who entered this estate at earlier pricing are not selling at today's per-sqm rates. They are holding or building --- because the exit value of developed property in this corridor continues to justify the land acquisition cost at a margin that makes the original entry price look conservative in retrospect. The professional who calculates and defers is not making a risk-reduction decision. They are making a cost-increase decision. Every month of deferral on a Lekki Foreshore plot is a month the "newly created" description ages, the available parcels reduce, and the per-sqm entry point moves toward the level the next buyer will find when they search this estate. There are now three distinct positions available --- outer gate access in Parcel a, the settled central position in Parcel B, and the lagoon waterfront in Parcel C. Each serves a different buyer. Each is priced at a level that will look very different twelve months from now. The listing states it plainly: prices are on the rise. Now is the best time to buy. That is not sales language. It is the documented behaviour of this corridor --- and every buyer who has acted on it in this estate has not regretted it. The solution Lekki Foreshore Estate, Lekki Phase 1. Newly created layout subdivided into Parcels a, B, and C. Dual-gate access on Freedom Way and Admiralty Way. Excellent road network throughout. Deed of Assignment backed by Global Certificate of Occupancy. Governor's Consent upgrade available to the final buyer. Multiple plots from 1,007sqm to 5,035sqm across all three parcels. Understanding the estate's parcel structure is the first step to choosing the right position. Parcel a --- The Outer Parcel. Closest to the Estate Gate. Parcel a sits on the outer edge of Lekki Foreshore Estate, directly adjacent to the estate entrance. For buyers and developers who value immediate accessibility above all --- fast access from Freedom Way and Admiralty Way, maximum visibility of the development from the estate approach, and the shortest internal road distance from gate to plot --- Parcel a is the position. The 1,053sqm plot in Parcel a is priced at ₦950,000 per sqm, totalling approximately ₦1,000,350,000. This reflects the premium gate-proximity position. For a developer whose project relies on ease of construction access and strong kerb appeal from the estate entrance, this premium is justified operationally and commercially. Parcel B --- The Central Parcel. The Settled Interior Position. Parcel B occupies the heart of the estate --- removed from the gate activity of Parcel a, insulated from the waterfront edge of Parcel C, positioned in the calm residential interior that most families and end-user buyers find most liveable. The central parcel is where the estate's residential character is most consistent, where the road infrastructure around the plot is most established on all sides, and where the balance between access, privacy, and community feel is at its best. The majority of the portfolio's plots at ₦800k per sqm sit in Parcel B. For the professional building their own home, the developer building a boutique residential project, or the investor acquiring land with the strongest long-term hold characteristics --- Parcel B is the core position in this estate. Available plots in Parcel B: 1,001sqm at ₦800,000 per sqm --- approximately ₦800,800,000 1,002sqm at ₦850,000 per sqm --- approximately ₦851,700,000 1,004sqm at ₦800,000 per sqm --- approximately ₦803,200,000 1,012sqm at ₦800,000 per sqm --- approximately ₦809,600,000 1,013sqm at ₦800,000 per sqm --- approximately ₦810,400,000 1,019sqm at ₦800,000 per sqm --- approximately ₦815,200,000 1,039sqm at ₦800,000 per sqm --- approximately ₦831,200,000 1,700sqm at ₦950,000 per sqm --- approximately ₦1,500,000,000 The 1,700sqm plot is the largest single parcel in Parcel B --- the widest buildable footprint in the central zone at ₦800k per sqm, suited for a developer building at meaningful scale in the residential interior of the estate. Parcel C --- The Waterfront Parcel. Closest to the Lagoon. Parcel C is the premium tier of Lekki Foreshore Estate --- the plots that back onto and face the Lagos lagoon. This is where the estate's name is most literally expressed: foreshore, in the direct sense of land at the water's edge. The 5,035.658sqm waterfront plot in Parcel C is the most significant single land parcel in the entire Smilebay Realties portfolio. At ₦800,000 per sqm, the total acquisition cost is approximately ₦4,028,526,400. This is a waterfront-facing development site of over five thousand square metres in Lekki Phase 1. Dual-gate estate access. Newly created layout entry pricing. A title position that is immediately actionable. The development thesis writes itself for any developer active in this market: a premium multi-unit residential building with lagoon-facing elevation, on a newly parcelled plot in an established Lekki Phase 1 estate, at a per-sqm rate that reflects the layout's creation stage rather than its matured market value. The exit pricing of lagoon-facing residential units in this corridor against the ₦800k per sqm acquisition cost produces a development margin that serious developers will calculate without prompting. This parcel deserves a standalone marketing campaign. If you are a qualified buyer with capital structured at ₦4B and above, this is the conversation to prioritize. Also available in Parcel C: 1,000sqm at ₦750,000 per sqm --- ₦770,000,000 (flagship listing, closest to lagoon zone --- confirm exact position at first contact) the title structure --- clear and complete: Every plot in Lekki Foreshore Estate carries a Deed of Assignment backed by a Global Certificate of Occupancy. Here is what that means in practice: The Global Certificate of Occupancy is a master title instrument issued by Lagos State over the entire Lekki Foreshore Estate. It is estate-level, state-registered, and traceable directly to the Lagos State government as the single title authority. There is no community consent chain embedded in it. No family land ambiguity. No conversion risk. Each individual plot's Deed of Assignment traces directly back to that Global C of O --- giving every buyer in this estate a short, clean, verifiable title chain that terminates at the state government. Governor's Consent is available to the final buyer as a post-purchase title upgrade. This is a straightforward Lagos Land Registry application process. With the Global C of O as the master instrument and the Deed of Assignment as the individual conveyance, the Governor's Consent application is supported by the strongest possible documentary foundation. Your solicitor will confirm this. The upgrade process is not an obstacle. It is a step --- one that converts an already-secure title position into the most individually registered title available in Lagos residential land law. All documents are available for immediate solicitor review from the moment contact is made. Flood-free --- all three parcels confirmed: Lekki Foreshore Estate is flood-free throughout Parcel a, Parcel B, and Parcel C. The estate's road and drainage infrastructure manages Lagos rainfall at the estate level across all three zones. The dual-gate access roads to Freedom Way and Admiralty Way are maintained and do not carry the seasonal flooding that affects lower-lying or less-managed addresses in the broader Lekki corridor. Parcel C's lagoon waterfront position is elevated and designed --- not exposed. The drainage infrastructure accounts for the waterfront adjacency throughout the estate. Smilebay Realties does not list properties in flood-prone areas. Every property in this portfolio is assessed for flood risk before listing. Lekki Foreshore Estate --- all three parcels --- passed that assessment. Your land acquisition here is protected from the rainy-season risk that erodes asset value and daily life quality in flood-affected Lagos addresses. The call to action Three parcels. Multiple plots. One estate. One title structure. One agent. The buyer for Parcel a wants gate proximity and construction access efficiency. The buyer for Parcel B wants the central, settled, residential interior of an established Lekki Phase 1 estate. The buyer for Parcel C --- specifically the 5,035sqm waterfront --- wants the most significant development land position in the entire Smilebay Realties portfolio. All three conversations begin with the same call. Title documentation available for immediate solicitor review. Site visits arranged across all three parcels this week. Plot positions and exact parcel allocations confirmed at first contact. Call or WhatsApp Smilebay Realties: +234 901 517 4801 Parcel a is at the gate. Parcel B is at the centre. Parcel C is at the water. Which position is yours? Flagship: 1,000sqm --- ₦770,000,000 --- Parcel C (lagoon zone, confirm exact position at first contact) parcel a: 1,053sqm at ₦950,000 per sqm --- approximately ₦1,000,350,000 --- near estate gate parcel B: 1,001sqm at ₦800,000 per sqm --- approximately ₦800,800,000 1,002sqm at ₦850,000 per sqm --- approximately ₦851,700,000 1,004sqm at ₦800,000 per sqm --- approximately ₦803,200,000 1,012sqm at ₦800,000 per sqm --- approximately ₦809,600,000 1,013sqm at ₦800,000 per sqm --- approximately ₦810,400,000 1,019sqm at ₦800,000 per sqm --- approximately ₦815,200,000 1,039sqm at ₦800,000 per sqm --- approximately ₦831,200,000 1,700sqm at ₦800,000 per sqm --- approximately ₦1,360,000,000 parcel C: 5,035sqm waterfront at ₦800,000 per sqm --- approximately ₦4,028,526,400 --- lagoon facing Estate: Lekki Foreshore Estate, Lekki Phase 1, Lekki, Lagos Title: Deed of Assignment backed by Global Certificate of Occupancy Governor's Consent: Upgradeable post-purchase by final buyer Access: Dual-gate --- Freedom Way and Admiralty Way Flood-Free: Confirmed --- all three parcels Prices Rising --- Newly Created Layout --- Now Is the Best Time to Buy Listed by Smilebay Realties Limited --- Ref: 3210179

Lekki Foreshore Estate, Lekki Phase 1, Lekki, Lagos
2 Bedrooms Terraced Duplex
Featured
16
₦90,000,000

Terraced duplex for sale

2 Bedrooms Terraced Duplex

₦90 Million. 2-Bedroom Terrace Duplex. Lekki Corridor. Serviced. Global C of O. Ready December 2026. This Is the Entry Point You Have Been Waiting For. The problem The Lekki property conversation has, for most serious buyers, lived in a price range that has been just above comfortable for longer than they want to admit. ₦176M. ₦250M. ₦260M. These are real numbers for real Lekki properties --- and for the professional who has been watching the corridor, who knows what those addresses mean for daily life, commute, school proximity, and long-term asset value, they represent a genuine stretch. Not impossible. But not yet. So you have continued renting. Not because you do not want to own. Not because the Lekki corridor is not where you want to be. But because every option at the price your capital allows has come with a location compromise, a title problem, or a building quality issue that made the answer "not this one." This listing changes that calculation. ₦90M. In Lekki. On Mobil Road. Terrace duplex. 2 bedrooms. Serviced. Global C of O. 80% complete. Ready December 2026. The Lekki corridor has been accessible to you for a while. You just needed the right opening. The agitation Here is the specific cost of every month you have spent waiting for that opening while continuing to rent. Your current rent --- wherever you are in the Lekki-adjacent corridor --- is producing nothing on your balance sheet. Every renewal letter that arrived was money spent on occupying someone else's asset while your own position stayed at zero. Every year you stayed in a rented house in this part of Lagos was a year the Lekki corridor price floor moved slightly further from where it was when you first started watching. The professionals who bought terraces on Mobil Road three years ago at numbers that have since appreciated are not in a different income bracket from you. They did not take a risk you would not have taken. They found an opening at an accessible price point in the right corridor at the right time --- and they moved. You are looking at that opening right now. And the price rises as the building finishes. That is not a tactic. It is the documented behaviour of every active Lagos development: early-stage buyers get the early-stage price. By the time the building is at 100% and the hoardings come down, the price reflects that completion. This building is at 80%. December 2026 is six months away. The price available today will not be the price available in December. The solution This 2-bedroom terrace duplex on Mobil Road, Lekki, is the Lekki corridor entry point at ₦90M --- with a Global C of O, a serviced structure, and a confirmed December 2026 delivery date on a project that is already 80% complete. Here is precisely what the acquisition delivers: Mobil Road, Lekki --- the specific corridor that matters. Mobil Road sits in the Lekki residential zone that most Lekki-corridor professionals know from daily movement. The Mobil roundabout junction is a primary reference point on the Lekki-Epe Expressway axis. Proximity to this junction means access to both the Phase 1 direction and the Chevron-Osapa direction from a single point. The residential character along Mobil Road is established --- it is not an emerging address, it is not a developing location, it is a functioning residential road in the Lekki corridor. At ₦90M, you are entering that corridor directly, not an adjacent approximation of it. 2 bedrooms. 3 bathrooms. 3 toilets. The floor plan is correctly sized for a young professional couple, a professional and a child, or the first-time buyer who wants the Lekki address in a compact, manageable home that does not stretch the capital allocation beyond the right threshold. Three bathrooms across two bedrooms means neither bedroom shares. Three toilets means the household never queues in the morning. The layout is efficient without being compromised. Terrace duplex --- your own entrance, your own staircase, your own identity. This is not an apartment. It is a house within a row of houses --- your front door, your staircase, your two floors of private space. The shared walls of a terrace are the only point of adjacency with neighbours. Everything else is yours. For the professional who has spent years in apartment buildings sharing lifts, corridors, and stairwells with strangers, walking through your own front door every evening is a different category of living experience. It is the first day of owning your own space in the full sense of the word. 80% complete with December 2026 delivery confirmed. Not a project at the design stage. Not a promise with an asterisk. The structure is 80% built. The delivery is December 2026. The risk profile of this acquisition is closer to a near-complete purchase than an off-plan bet. You are not funding a developer's vision. You are entering a building that is nearly standing. Serviced development. Estate management is in place. Confirm the specific services at first contact --- power arrangement, water infrastructure, security model. These three variables determine what "serviced" delivers in practice. The agent has the details and will confirm them immediately. Global Certificate of Occupancy. The master title instrument covering the entire development. Every unit in this terrace derives its title security from a single, estate-level, state-registered document. For a buyer at ₦90M, a Global C of O removes the title anxiety that has killed more Lagos property transactions at the accessible price point than any other single factor. The title question is answered before it is asked. ₦90,000,000. 80% complete. Ready December 2026. Mobil Road, Lekki. 2 bedrooms. Serviced. Global C of O. In the Smilebay Realties portfolio --- which spans from ₦90M terrace duplexes to ₦2.25B Banana Island land --- this is the most accessible purchase entry point in the series. It is not a lesser asset. It is the Lekki corridor at the price point that has been unavailable in this portfolio until now. Mobil Road, Lekki sits in one of the better-drained sections of the Lekki corridor. Smilebay Realties does not list properties in flood-prone areas. This development was assessed against that standard before listing. It passed. The call to action This listing is for the buyer who has been watching the Lekki corridor from a price point below what was previously available in this portfolio. ₦90M. December 2026. 2 bedrooms. Serviced. Global C of O. Mobil Road, Lekki. The project is 80% complete. The price today is the early-stage price. Both of those facts have a defined shelf life. One call is all it takes. Title documentation available. Site visit arrangeable this week. Call or WhatsApp Smilebay Realties: +234 901 517 4801 The Lekki corridor has been waiting for you to find the right number. You just found it. 2 Bedrooms 3 Bathrooms 3 Toilets Terrace Duplex Serviced Development Global Certificate of Occupancy 80% Complete December 2026 Delivery Flood-Free Lekki Corridor Access Mobil Road, Lekki, Lagos ₦90,000,000 Listed by Smilebay Realties Limited Ref: 3298136

Mobil Road, Lekki, Lagos
2 3
2 Bedroom High Rise Apartments with BQ
Featured
9
₦250,000,000

Flat / apartment for sale

2 Bedroom High Rise Apartments with BQ

Every Apartment in Lekki Phase 1 Claims a Good Address. This One Is Elevated Above It. The problem The Lekki Phase 1 apartment search teaches you something quickly. The address names all sound similar. Off Freedom Way. Off Admiralty Way. Periwinkle. Oba Oyekan. The corridor is defined. The postcode carries weight. The schools are close. The access roads you already know. But once you are inside the building --- once you have closed the door to your apartment and the address on the envelope no longer matters --- the experience of the building itself is what you actually live in. Most Lekki Phase 1 apartments give you the address. Not all of them give you the elevation. The ground floor of a mid-rise apartment building in Lagos is the noise level of the compound, the proximity to gate activity, the view of the boundary wall, and the security exposure that comes with being closest to the street. The second floor is marginally better. The third floor starts to change things. Higher floors change everything --- the light quality, the air movement, the distance from compound noise, the view from your living room window over the canopy rather than into the next building's wall. This is a high-rise. That distinction matters. And at ₦250M in Periwinkle Lifestyle Estate --- one of the few genuinely named, gated, fully developed estates in Lekki Phase 1 --- it matters more than most listings in this corridor will tell you. The agitation Here is what the Lagos apartment buyer who does not think about floor level eventually learns --- usually in the first rainy season. The ground-floor and lower-floor apartments in most Lagos residential buildings are where the compound's ambient life is loudest and most intrusive. Gate operations. Generator activity. Domestic staff movement. The compound at 6 AM on a Wednesday when the gardener starts early. The compound at 11:30 PM on a Saturday when late arrivals are coming in. None of these are crises. All of them are the aggregate friction of living too close to where a building's operational life happens. You are also watching your rent increase. Every year. On the apartment you are currently in --- the one that works fine, that is in a decent location, that your landlord adjusts upward annually because he understands that your school, your routines, and your domestic infrastructure make leaving expensive enough that you absorb it instead. You have been absorbing it for a while. The professionals who are no longer having this conversation --- the ones who bought in named, gated estates in Lekki Phase 1 at the right moment --- are now sitting on assets whose value has compounded past the rent they would have paid in the same period. Their equity statement looks different from yours. Not because they took greater risk. Because they acted when the building was not yet fully priced. The agent's description of this listing contains the most commercially important truth in any Lagos off-plan purchase: the price goes up as the developer builds. This is not a sales pitch. It is the documented behaviour of every completed development in this corridor that has been acquired at varying stages of construction. Early entry is the mechanism that produces the margin --- between what you paid and what the completed building is worth. That entry point exists today in this listing. It will not exist at this price once the building reaches a later construction stage. The solution This 2-bedroom high-rise apartment with BQ, in Periwinkle Lifestyle Estate, directly off Freedom Way, Lekki Phase 1, is the correctly positioned purchase for a Lekki Phase 1 buyer who understands that the address, the estate, the elevation, and the entry timing all compound together into a single acquisition decision. Here is what each element delivers: Periwinkle Lifestyle Estate --- confirmed by the listing as one of the very few genuinely gated, fully developed estates in the Lekki Phase 1 axis. Not a compound described as an estate. An estate --- with its own physical perimeter, its own gated access, its own internal roads and drainage, its own managed environment. The distinction was covered in Listing 22 (Ref: 3428020) from the same estate: a named, functioning gated estate in Lekki Phase 1 protects against the seasonal flooding, drainage failures, and environmental inconsistency that buildings outside such estates absorb. Periwinkle's internal drainage manages Lagos rainfall at the estate level. Your apartment's access is protected regardless of what happens on the public road outside. High-rise designation --- the elevation advantage in a corridor of predominantly low and mid-rise buildings. Lekki Phase 1 off Freedom Way is not a high-rise skyline. It is a neighbourhood of 4 to 8-floor buildings, most of which were built at standard residential heights. A high-rise in this environment gives apartments on upper floors something most buildings in this corridor cannot offer: genuine elevation above the canopy level, the compound noise, and the boundary wall view. From an upper floor in a high-rise on Freedom Way, you are looking at Lekki Phase 1 from above its usual residential sightline. Natural light arrives at a different angle. Air circulation is better. The psychological shift of height in a dense residential area is real and it is daily. A BQ on a high-rise floor is a rare specification. Most BQ units in Lekki Phase 1 buildings are ground-floor add-ons or basement configurations separated from the main apartment. A BQ as part of a high-rise unit's floor plate means your domestic staff quarters travel with the apartment --- upstairs, private, contained within your unit's footprint. Your household operates with the spatial separation that a senior professional family requires. That arrangement, in a high-rise apartment, is not standard. It is a deliberate design decision that commands a premium. Pool and gym --- confirmed in this building. Not an estate amenity at ground level that requires you to leave the building and cross the compound. Building amenities in a high-rise context. The pool is accessible from your building. The gym is accessible from your building. For the professional who returns from work at 8 PM and has 45 minutes before the day ends --- the gym being in the same building as your bedroom is the difference between using it consistently and meaning to use it. Global Certificate of Occupancy. As established in the Victory Park Estate land rewrite (Listing 25), a Global CofO is a master title instrument issued over the entire estate. Every unit within Periwinkle Lifestyle Estate derives its title security from this single, state-registered document. Governor's Consent is a straightforward post-purchase upgrade application on a Global CofO-backed property. The title chain is short, clean, and terminates at the Lagos State government. Your solicitor's due diligence on this title is among the cleanest processes available in Lagos residential property law. Directly off Freedom Way, Lekki Phase 1. Freedom Way is one of Lekki Phase 1's primary arterial roads --- connecting directly to the Admiralty Way junction, giving the resident access to the Phase 1 commercial cluster, the school corridor, and the Lekki-Epe expressway approach without navigating deep estate roads. The address is inside the corridor. Not approximate to it. Developed by a developer with over 15 years of active delivery track record in Lagos. Smilebay Realties does not connect buyers to new or unproven developers. The developer behind this project has completed and delivered multiple buildings to clients in this corridor over a fifteen-year period. That delivery record is verifiable. For a buyer making an off-plan or under-construction acquisition at ₦250M, the developer's track record is the most important due diligence variable beyond title. This one has it. The price increases as construction progresses. This is not a sales tactic. It is the structural reality of developer pricing in Lagos. Developers price early-stage units below completion value to secure acquisition capital that funds the build. As the building rises and risk reduces, the price per unit rises with it. The buyer who enters at the current stage of this project pays the price that reflects today's construction stage --- not the price the completed building will command. The difference between those two numbers is the early-entry advantage. It is available now and it closes as the building finishes. ₦250,000,000. High-rise. BQ. Pool. Gym. Periwinkle Lifestyle Estate. Freedom Way. Lekki Phase 1. Global C of O. 15-year developer track record. Periwinkle Lifestyle Estate has been confirmed flood-free. The estate's drainage system manages Lagos rainfall within the estate perimeter. The location off Freedom Way does not carry the flooding risk that affects lower-lying or less-managed addresses in the broader Lekki Phase 1 corridor. Smilebay Realties does not list properties in flood-prone areas. This listing was assessed against that standard before it was published. Periwinkle Lifestyle Estate, off Freedom Way, Lekki Phase 1, passed that assessment. Your investment is protected from the rainy season risk that erodes asset value and daily life quality in flood-affected Lagos addresses. The call to action This listing is an active development. The price today reflects the current construction stage. It will not reflect the same stage in three months. The buyer for this apartment understands the Lekki Phase 1 market well enough to recognise what ₦250M buys in Periwinkle Lifestyle Estate --- high-rise, BQ, pool, gym, Global CofO, gated estate, experienced developer --- against comparable finished and nearly-finished units in the same corridor at higher prices. One call moves the conversation forward. Title documentation available. Developer track record verifiable. Site visit arrangeable this week. Call or WhatsApp Smilebay Realties: +234 901 517 4801 The building is rising. The price is rising with it. The entry point that exists today is the one to act on. 2 Bedrooms 2 Bathrooms 3 Toilets BQ High-Rise Building Swimming Pool Gym Gated & Secured Estate Good Drainage Flood-Free ConfirmedElevator 24 hours power Global Certificate of Occupancy Governor's Consent Upgradeable delivery date- December 2026 Directly Off Freedom Way, Periwinkle Lifestyle Estate, Lekki Phase 1, Lekki, Lagos ₦250,000,000 Developer: 15+ Years Active Delivery Track Record Listed by Smilebay Realties Limited Ref: 3320350

Periwinkle Lifestyle Estate, Lekki Phase 1, Lekki, Lagos
2 2
2-Bedroom Apartment
Featured
3
₦176,000,000

Flat / apartment for sale

2-Bedroom Apartment

₦176 Million. Off Admiralty Way. Lekki Phase 1. Fully Fitted. Gated. Flood-Free. Documents Ready. This Is What the Right Entry Point Looks Like. The problem The Lekki Phase 1 apartment market has been moving in one direction for long enough that most serious buyers have internalised the ceiling. You know the corridor. Off Admiralty Way, the gated estates, the established Phase 1 addresses. You know what the comparables cost. ₦260M. ₦320M. ₦330M. You know what those prices buy --- and you know what your current capital or financing structure can accommodate. For many buyers in this market, the honest position is this: the address is right, the corridor is right, the timing is right --- but the price of the options you have been looking at has been slightly ahead of where you are ready to move today. That gap is real. And it has kept a significant number of qualified, serious Lekki Phase 1 buyers in rent for longer than the numbers justify. This listing closes that gap. ₦176M. Off Admiralty Way. Lekki Phase 1. The address is not a concession. The price is just lower than what the market has been asking. The agitation Here is the specific cost of waiting for the "right" price in this corridor. Lekki Phase 1 off Admiralty Way is not a market that has demonstrated patience with buyers who defer entry. The buyers who entered this corridor two years ago at what felt like the top of the range --- paying numbers that made them wince slightly at signing --- are now sitting on assets that have appreciated past that wince point and kept moving. Meanwhile, the rent you are paying for your current apartment has gone up. Again. The renewal letter came. The number increased. You paid it because the alternative --- relocating, re-registering the children's school, rebuilding the domestic routines you have spent years establishing in this general corridor --- was more disruptive than the increase. Your landlord understands this calculation. He always has. Every renewal you absorb is a year of equity that belongs to his balance sheet, not yours. Every month you spend in someone else's property off Admiralty Way is a month the price of your entry into this corridor inches further from where it is today. The professional who looks back five years from now at the decision they did not make at ₦176M --- in a gated, flood-free, fully documented Lekki Phase 1 apartment off Admiralty Way --- will not be describing it as the price they saved. They will be describing it as the price they missed. The solution This 2-bedroom apartment off Admiralty Way, Lekki Phase 1, is the entry point the corridor has not offered at this price in some time. Fully fitted and finished. Gated and secured estate. Confirmed flood-free. All title documentation available for immediate due diligence. First occupancy --- you will be the first landlord to occupy this unit. Here is exactly what the acquisition delivers: Off Admiralty Way, Lekki Phase 1 --- the address that needs no qualification. Admiralty Way is Lekki Phase 1's primary residential axis. Off Admiralty Way means you are inside the corridor's most established catchment --- the schools, the commercial infrastructure, the social network, the resale demand. You are not adjacent to it or approximate to it. You are in it. At ₦176M, that precise address positioning is the most commercially significant fact about this listing. Comparable addresses in the same sub-corridor are transacting at significantly higher per-unit prices. Gated and secured estate. The compound is controlled access. Security is professional and in place. Your household --- and your home when you are away on business --- is inside a managed perimeter, not dependent on a compound gate man's alertness at 3 AM. For the professional who travels regularly and whose family remains in the apartment during absences, this is infrastructure that functions every hour of every day, not just during business hours. Good drainage --- and a confirmed flood-free location. The description is explicit: this is a very good and flood-free location, off Admiralty Way, Lekki Phase 1. The estate's drainage system manages Lagos rainfall without transferring the problem to individual units or the compound. The location does not flood. Smilebay Realties does not list properties in flood-prone areas. Every property in this portfolio is assessed for flood risk before it is listed. This apartment, in this location, off Admiralty Way, Lekki Phase 1, passed that assessment. You are not buying an apartment that will test you between May and October every year. The estate's drainage infrastructure was built to handle Lagos rain. It does. All title documents available for immediate verification. Every necessary document for due diligence is in place. Your solicitor can begin review from day one. The transaction does not wait for document assembly. The paper trail is ready when you are. First occupancy --- you are the first landlord. This is a brand new unit. No accumulated wear. No prior tenant's decisions embedded in the fixtures. No building history to inherit. You are the first person to open the front door of this apartment as an owner. That is the specific advantage of a new-build acquisition that resale units cannot offer --- and it is confirmed here. Two bedrooms. Two bathrooms. Three toilets. 88sqm. The layout is correctly configured for a senior professional household --- a master with en-suite, a second bedroom for a child, a visiting parent, or a home office, and a third toilet serving the common areas. 88sqm is workable space in a well-designed floor plan, and in this corridor, at this price, it is the correct size for the entry point this listing represents. ₦176,000,000. Fully fitted. Gated. Flood-free. First occupancy. Off Admiralty Way. Lekki Phase 1. For the buyer whose capital is structured at this level and who has been watching the Admiralty Way corridor while the numbers crept further out of reach --- this is the conversation that was worth waiting for. The call to action This listing is priced below comparable 2-bedroom apartments in the Admiralty Way sub-corridor of Lekki Phase 1. That gap will not persist indefinitely. The buyers who are active in this market and recognize the price positioning will move. The buyer for this apartment is a senior professional --- or an investor building a Lekki Phase 1 portfolio at the entry end --- with ₦176M structured and the title verification process ready to begin. One viewing. One solicitor conversation. All documents in hand. Call or WhatsApp Smilebay Realties: +234 901 517 4801 Admiralty Way is the address. ₦176M is the current price. Both of those things are true for a limited time. 2 Bedrooms 2 Bathrooms 3 Toilets 88sqm Fully Fitted & Finished First Occupancy Gated & Secured Estate Good Drainage Flood-Free Confirmed All Title Documents Available for Due Diligence Off Admiralty Way, Lekki Phase 1, Lekki, Lagos ₦176,000,000 Listed by Smilebay Realties Limited Ref: 3321418

Off Admirality Way, Lekki Phase 1, Lekki, Lagos
2 2
2-Bedroom Carcass Apartment
Featured
4
₦219,000,000

Flat / apartment for sale

2-Bedroom Carcass Apartment

Every Other Apartment at This Address Costs More. The Difference Is This One Lets You Decide What It Looks Like on the Inside. The problem The VI apartment search has a ceiling problem. You know exactly where you want to be. Oniru --- the quieter, more residential pocket of Victoria Island, directly off the expressway, between the commercial density of VI proper and the ocean-front leisure belt. You have driven through it. You have priced it. You know what comparable finished apartments in this corridor cost. You also know that what you can see in most of those listings --- the developer's default cream walls, the standard-issue tiles, the kitchen cabinets that nobody asked for but nobody changed --- is not what your home should look like. You have a specific idea of what your apartment will be. Not a show flat version of someone else's idea of premium. Yours. The ceiling height you want to accentuate, the flooring material you want underfoot, the kitchen configuration that works for how your household actually uses a kitchen, the finish quality that tells anyone who walks in that this apartment was designed by someone with a point of view. Every developer-finished apartment you have looked at in this corridor required you to either accept their decisions or spend additional capital undoing them after purchase. This listing skips that entirely. The agitation Here is the specific frustration of the Lagos apartment market that nobody in this conversation names directly. Developer-finished apartments in Oniru VI at the market rate --- ₦250M, ₦300M, ₦350M and above --- are priced to include the developer's finishing margin. You are paying for their choice of tiles. Their choice of kitchen. Their choice of fittings, bathroom ware, ceiling treatment, and wall finish. None of those choices consulted you. Many of them you would not have made. You pay a full premium price. You get a standard-issue interior. Then you either live in it and feel the mismatch every morning, or you renovate it and pay twice --- once for the finishes you didn't want, and again to replace them with what you actually want. Meanwhile, the rent you are paying for your current address continues. The landlord continues to increase it annually. The equity you are building stays at zero. The interior you have been imagining for your own home stays imaginary. The carcass model exists for exactly this buyer. Not as a budget option. As a design freedom option. The developer builds the structure, the shell, the exterior, the building systems --- and hands you the canvas. You decide what the interior becomes. At ₦219M in Oniru VI. With Governor's Consent. In a serviced building. That is not a compromise. That is an invitation. The solution This 2-bedroom apartment in Oniru, Victoria Island, is available as a carcass unit --- exterior complete, building systems in place, interior ready for your specification --- at a price that is confirmed by the agent themselves to be below the going rate for comparable finished apartments in this corridor. The gap between the carcass price and the finished market rate in Oniru VI is your finishing budget. Or your margin. Or both. Here is exactly what the acquisition delivers: Oniru, Victoria Island --- directly off the expressway. Oniru sits at the eastern edge of VI, accessible directly from the Ozumba Mbadiwe--Lekki expressway. You are on the Island. Your commute to VI's commercial core, to the Marina, to Ikoyi, to the Third Mainland Bridge approach --- all of it measures in minutes, not hours. The professional who has been commuting from Lekki or the mainland to a VI office will understand immediately what this address does to a Monday morning. Oniru is the address that closes that commute --- permanently, on your terms. 104 square metres --- a real apartment, not a compressed floor plan. 104sqm for a 2-bedroom is above the market average for new-build apartments in this corridor. The rooms are proportionate. The living space is functional. The kitchen area has room to design properly, not just to fit appliances in. When you commission the interior, you are not working around a constrained footprint. You are working with genuine space. The interior is entirely yours to specify. Pop ceilings --- your design. Flooring --- your choice of material, finish, tone, and texture. Walls --- your colour scheme, your finish quality, your feature treatments. Kitchen --- your layout, your cabinet specification, your counter material, your appliance selection. Bathrooms --- your ware, your tile, your shower configuration. Nothing in this apartment has been decided by a developer's cost-per-unit calculation. Every surface, every fitting, every finish is a decision you will make, at a quality level you will choose, with a budget you will control. For the professional who has a specific interior vision and has been forced by the market to buy someone else's version --- this is the correct purchase. The building is serviced. The exterior is complete --- as visible in the listing photos --- and the building's infrastructure is operational. The building management is in place. You are not buying into a half-finished project. You are buying a unit within a completed building, in a working development, with a serviced estate management structure. The carcass applies to the interior of your specific unit. Everything external to your front door is done. Governor's Consent title. Confirmed, registered, available for solicitor review. For a ₦219M acquisition in VI, the title clarity is not optional. It is in place. Three acquisition options in the same building --- one conversation covers all three: Unit TypePrice1-Bedroom ₦120,000,000 2-Bedroom nra (Non resident apartment) ₦207,900,000 2-Bedroom Regular ₦219,000,000 Each unit is priced below the comparable finished market rate in Oniru VI --- which means each entry point includes headroom for interior investment that brings the finished apartment to or above market standard, without crossing the fully finished market price ceiling. For the investor who is thinking in yield terms: a self-specified, owner-finished 2-bedroom in Oniru VI --- with a finish quality that reflects the buyer's own standard rather than the developer's margin --- commands the upper end of the Oniru VI rental range. The investment case builds itself. Oniru, Victoria Island sits on elevated ground within the VI corridor. The area is above the flood-risk zones that affect lower-lying parts of Lagos Island. The expressway access road to this development is maintained and does not carry the waterlogging that affects streets in less considered parts of VI. Smilebay Realties does not list properties in flood-prone areas. This property was assessed against that standard before listing. It passed. The call to action This is not the listing for the buyer who wants to walk into a finished apartment and sign. That buyer pays the full going rate, gets the developer's decisions, and moves in to an interior they did not design. This listing is for the buyer who wants the address --- Oniru, Victoria Island, directly off the expressway, Governor's Consent, serviced building, below going-rate acquisition price --- and wants the interior to reflect who they actually are. One viewing shows you the building, the unit size, the exterior finish, and the canvas you are acquiring. What happens on the inside of that canvas is entirely your decision. Three unit types available. All at confirmed below-market pricing. All in the same building. Call or WhatsApp Smilebay Realties: +234 901 517 4801 The address is Victoria Island. The interior is yours to design. The price is below what finished units in this corridor cost. All three of those things are rarely available in the same conversation. 2 Bedrooms 2 Bathrooms 3 Toilets 104sqm Carcass Unit (Interior for Buyer Specification) Exterior Complete Building Systems In Place Serviced Building Underground parking swimming pool Gym Governor's Consent Directly Off Expressway, Oniru, Victoria Island (VI), Lagos 2-Bedroom Regular: ₦219,000,000 2-Bedroom nra (non resident apartment) : ₦207,900,000 1-Bedroom: ₦120,000,000 Listed by Smilebay Realties Limited Ref: 3321751

Oniru, Victoria Island (VI), Lagos
2 2
453SQM & 560SQM Residential Land
Featured
2
₦450,000,000

Residential land for sale

453SQM & 560SQM Residential Land

The Duplexes Next Door Sold for ₦850 Million. This Is the Land They Were Built On. You Can Build Yours. The problem The Lagos property decision tree has a branch that most professionals never take --- not because they cannot afford it, but because the path is less obvious than buying a finished unit. It looks like this: You see the finished duplex. ₦850 million. Fully automated, pool, cinema, glass wall kitchen, two master suites. You look at the number. You look at your capital position. You think: not yet. And you move on. What you do not see --- because nobody shows it to you --- is that 30 metres from that ₦850 million duplex, in the same gated estate, on the same flood-free road, under the same Global Certificate of Occupancy, there is land. Land that costs significantly less than the finished product. Land that builds into the same address, the same estate regulations, the same infrastructure, the same exit value trajectory. Land that gives you the architect, the contractor, the timeline, the specification, and the design decisions --- yours, not the developer's. This listing is that land. The agitation Here is what the finished-unit-only mindset costs the Lagos professional who has been applying it. Every year you wait to enter a corridor at the land stage, you pay the premium for someone else's construction decisions. You pay the developer's margin. You pay the finished unit price --- which already has the build cost, the profit, and the market timing baked in --- rather than the raw land price that preceded all of that. The developers who built the ₦850M duplexes currently available in Victory Park Estate entered this land at a price point that made their margin possible. That margin now belongs to them. The buyer of the finished unit pays it on exit. The buyer who enters at the land stage in the same estate --- with the same Global CofO, the same flood-free infrastructure, the same building regulations that protect the environment and the asset value --- captures that margin themselves. At ₦1 million per sqm, Victory Park Estate land is priced at the entry point of this corridor. The finished duplexes being sold at ₦850M in the same estate are the documented exit evidence. The distance between where you buy and where you build to is where your margin, your home, and your asset appreciation all live. Every month that passes on undecided Victory Park land is a month that corridor entry price moves. It has not moved downward. The solution Two residential land plots available. Both in Victory Park Estate, Osapa, Lekki. Both under Global Certificate of Occupancy. Both ready to build. Plot 1: 453sqm at ₦450,000,000 Plot 2: 560sqm at ₦560,000,000 Both priced at approximately ₦1,000,000 per sqm --- net. Here is what you are actually acquiring with either plot: Victory Park Estate --- a regulated, high-income residential environment by design. This is not a descriptive claim. It is a documented estate policy. Victory Park Estate operates under building regulations that control what can be built, how it is built, and to what standard. This is the mechanism that protects your asset. When the neighbours build, they build to the same standard. The physically built environment remains consistent --- organised, maintained, and reserved for a buyer profile that values what this address will be worth in five and ten years. You are not buying into an unregulated compound neighbourhood where the plot next to yours can become anything. You are buying into a protected, regulated residential environment with an established character. The estate already has proof of its exit value. Two newly built fully detached 5-bedroom duplexes in Victory Park Estate are currently available at ₦850M each. They are on this listing agent's portfolio. They were built on the same standard plots you are looking at now. Their specification --- pools, cinemas, automation, glass wall kitchens --- is what Victory Park Estate's building environment produces when developed to its full potential. This is not a speculative future. It is documented present evidence, in the same estate, available for viewing. Global Certificate of Occupancy. In Lagos land law, this is the title instrument that carries the most institutional weight. A Global CofO is a master title issued by Lagos State over the entire estate --- meaning every individual plot within Victory Park Estate derives its title security from a single, state-registered, government-issued document. There is no chain of consents to trace. No community approval embedded in the history. No conversion ambiguity. Your solicitor's due diligence on a Global CofO is the shortest, cleanest title verification process in Lagos residential land. It ends at the Lagos State government. That is where it should end. Excellent access road from the Lekki-Epe Expressway through Osapa Road. The road from the expressway to the estate entrance is good and direct. There is no difficult navigation, no unmaintained access road, no wet-season track that becomes impassable during rains. The access infrastructure is in place. Site visits happen today. Construction begins on your schedule. Victory Park Estate is flood-free. The estate's drainage system was built to manage Lagos rainfall without transferring the problem to individual plots. The road from the expressway to the house --- confirmed in the estate description --- carries no flooding risk. Osapa Road itself provides clean, dependable access regardless of weather. Smilebay Realties does not list properties in flood-prone areas. Every property in this portfolio --- including both land plots listed here --- has been assessed for flood risk before listing. Victory Park Estate passed that assessment comprehensively. You are buying land that builds into an estate that has not, and will not, test you during rainy season. 453sqm is the smaller plot --- and the right size for a well-configured single-family home with a pool, parking, and outdoor living area. The duplexes currently in the estate were built on approximately 450sqm plots and carry pools, covered sit-outs, and 6--7 car parking within that footprint. The 453sqm plot is the proven footprint for this estate's development standard. You are not undersized. You are precisely sized for what Victory Park Estate delivers. 560sqm gives you additional compound depth. A larger footprint means more outdoor space, a wider compound perimeter, more flexibility for your architect on the building setback and outdoor configuration. For a buyer who wants a pool, an outdoor kitchen, a Jacuzzi, and a covered sit-out without any spatial compromise --- the 560sqm plot is the one that accommodates all of it without prioritisation decisions. Both plots are ready to build. Today. Title is confirmed. Access is in place. The estate's infrastructure exists. The only variable between you and breaking ground is the decision and the design. The call to action Victory Park Estate land with Global CofO, in a regulated high-income estate with proven ₦850M exit comparables next door, at ₦1M per sqm --- does not describe this corridor at its peak pricing. It describes the entry point that the people who build here will look back on. The buyer for these plots is either a developer who has already run the margin analysis and recognises what ₦450M of land plus construction cost produces against ₦850M finished comparables in the same estate --- or a senior professional who has decided that their home will be built on their terms, to their specification, in an address whose regulated environment protects the value of everything they put into it. If that is you, one conversation is all it takes. Global CofO available for immediate solicitor review. Site visits arranged this week. Call or WhatsApp Smilebay Realties: +234 901 517 4801 Plot 1: 453sqm --- ₦450,000,000 Plot 2: 560sqm --- ₦560,000,000 The duplexes next door did not appear from nowhere. Someone bought this land first. Residential Land Victory Park Estate, Osapa, Lekki, Lagos Plot 1: 453sqm ₦450,000,000 (~₦993,000/sqm) Plot 2: 560sqm ₦560,000,000 (~₦1,000,000/sqm) Title: Global Certificate of Occupancy Ready to Build Flood-Free Estate Excellent Drainage Regulated Building Environment Excellent Access Road from Lekki-Epe Expressway via Osapa Road Comparable Finished Duplexes in Same Estate: ₦850,000,000 (Refs: 3426775 & 3426770) Listed by Smilebay Realties Limited Ref: 3422517

Victory Park Estate, Osapa, Lekki, Lagos
450SQM Corner Plot Off Admiralty Way, Central Lekki Phase 1
Featured
1
₦690,000,000

Residential land for sale

450SQM Corner Plot Off Admiralty Way, Central Lekki Phase 1

Central Lekki Phase 1. Two Plots. Two Locations. Great deals. The Corner Plot Leads at ₦690 Million. C of O. Vacant. Fenced. Ready to Build Immediately. The problem Lekki Phase 1 land in the central zone does not announce itself gently. It does not sit on the market for long. It does not negotiate extensively. It does not wait for buyers who need another month to get their finances aligned. The central part of Lekki Phase 1 --- the interior residential zone that sits away from the expressway noise, close to Admiralty Way, accessible from Freedom Way, surrounded by the schools, the commercial strip, and the domestic infrastructure that has made this neighbourhood the most consistently in-demand residential address in Lagos --- is the most land-constrained sub-zone in the entire Lekki corridor. New plots do not appear here regularly. The ones that do appear carry title documents, established road access, and the kind of location credibility that buyers have been tracking for years. When they enter the market, they attract attention from people who have been watching. Two plots have entered the market simultaneously. Both in the central part of Lekki Phase 1. Both with confirmed titles. Both ready to build. The corner plot leads at ₦690M. The agitation Here is the calculation that most Lekki Phase 1 land buyers have made at some point and then deferred acting on. Lekki Phase 1 land in the central zone has appreciated without sustained reversal for two decades. The buyers who entered at ₦200M, ₦300M, ₦400M are not selling at those numbers. They are either building, holding, or transacting at the multiples the corridor has produced. Every year of deferral on a Lekki Phase 1 central land position has historically been a year of opportunity cost --- not just in appreciation foregone, but in the narrowing supply of available plots at any price. The professional who has been meaning to secure a Lekki Phase 1 land position --- for a development project, for a private home, for a land bank strategy --- has been watching this corridor price upward while the deliberation continues. ₦690M for a 450sqm corner plot in the central part of Lekki Phase 1, with a C of O and road access off Admiralty Way, is not the price this address will carry indefinitely. And the corner is the position that serious developers and architects specifically wait for --- the dual frontage, the dual access, the architectural advantage that an internal plot at the same price cannot replicate. This is the moment. Not the next listing. This one. The solution Two plots in the central part of Lekki Phase 1. Different locations, different sizes, different prices --- same sub-corridor, same institutional-grade title position, same ready-to-build status. Here is each one in full: The lead plot --- the corner position 450sqm corner plot. Off Admiralty Way. Central Lekki Phase 1. Vacant and fenced. C of O title. ₦690,000,000. A corner plot in Lekki Phase 1 is architecturally and commercially different from an interior plot at the same price --- and the difference is worth understanding before evaluating the ₦690M ask. A corner plot has two street-facing frontages instead of one. That means two points of vehicular access, two building elevations with road presence, and a building footprint that architects can configure with a wider design vocabulary than a single-frontage plot allows. For a developer building a residential property that sells or lets at a premium --- the corner position means a better-looking building from two angles, better natural light on two sides, and a visual impact from the street that internal plots simply cannot produce. For an end-user building their own home, it means a wider compound entrance, more architectural flexibility, and a building that announces itself rather than sitting anonymously in a row. The plot is vacant and fenced. The boundary is defined. No encroachment to resolve. No vegetation clearance beyond standard site preparation. Your contractor breaks ground on the schedule you set, not the plot's. C of O title. The title is confirmed. Your solicitor reviews it. The process is clean. Off Admiralty Way. The most established residential axis in Lekki Phase 1. The road that connects the entire Phase 1 residential interior to Freedom Way, to the Lekki-Epe Expressway approach, and to every commercial and social infrastructure node the neighbourhood is built around. Being off Admiralty Way is being at the correct location within Lekki Phase 1 --- not the edge, not the fringe, the centre. ₦690M at approximately ₦1,533,000 per sqm. At this per-sqm rate, in the central part of Lekki Phase 1, on a corner plot with C of O, off Admiralty Way, vacant and fenced --- this is the correct price for this address at this moment. Portfolio option --- chief collin, lekki phase 1 434sqm rectangular land. Chief Collin, central Lekki Phase 1. Price: ₦800,000,000. Title: Governor's Consent and Approval. Chief Collin is one of the recognised internal residential streets in central Lekki Phase 1 --- a quieter road within the Phase 1 interior that carries the neighbourhood character without the arterial road exposure of Admiralty Way. A rectangular plot on this street is a clean, uncomplicated footprint for a single-family home or a boutique residential development, with no corner geometry to accommodate and no dual frontage design requirements to navigate. At ₦800M for 434sqm, the per-sqm rate is approximately ₦1,843,000 --- reflecting the Governor's Consent title position, which is an individually registered, fully personal title instrument. Governor's Consent on a named internal street in central Lekki Phase 1 is one of the cleanest title positions in Lagos residential land. For the buyer for whom title clarity is the paramount consideration above all else, this plot delivers the strongest individual title in the two-plot portfolio. Both plots --- title and location summary: 450sqm corner plot --- Off Admiralty Way --- C of O --- ₦690,000,000 434sqm rectangular --- Chief Collin --- Governor's Consent and Approval --- ₦800,000,000 Both plots are located in the central part of Lekki Phase 1. Both carry confirmed title documentation available for immediate solicitor review. Both are ready to build. Central Lekki Phase 1 is not a flood-prone zone. The interior residential streets --- Admiralty Way and Chief Collin --- sit in the established residential core of the neighbourhood where drainage infrastructure and road maintenance have been consistently managed as part of the original Lekki Phase 1 government scheme layout. Smilebay Realties does not list properties in flood-prone areas. Both plots were assessed against that standard before listing. Both passed. The call to action Two plots. Central Lekki Phase 1. Both titled. Both ready to build. One agent handling both conversations. The buyer for the corner plot at ₦690M wants the architectural advantage of dual frontage in the most established residential address in Lekki. The buyer for Chief Collin at ₦800M wants the cleanest individual title instrument available --- Governor's Consent --- on a quiet internal street in central Phase 1. Both conversations start the same way. Title documentation available for immediate solicitor review on both plots. Site visits by appointment. Call or WhatsApp Smilebay Realties: +234 901 517 4801 Central Lekki Phase 1 does not wait. The corner leads. The portfolio follows. Choose your position. Primary listing: 450sqm corner plot --- Off Admiralty Way --- Central Lekki Phase 1 --- Vacant and Fenced Price: ₦690,000,000 (approximately ₦1,533,000 per sqm) Title: Certificate of Occupancy Condition: Vacant and Fenced --- Ready to Build Immediately Suitable for Residential or Commercial Development portfolio option: 434sqm rectangular land --- Chief Collin --- Central Lekki Phase 1 Price: ₦800,000,000 (approximately ₦1,843,000 per sqm) Title: Governor's Consent and Approval Both plots: Central Lekki Phase 1, Lagos Both plots: Flood-Free --- Confirmed by Smilebay Realties Pre-Listing Assessment Both plots: Title documents available for immediate solicitor review Listed by Smilebay Realties Limited --- Ref: 3127584

Off Admirality Way, Lekki Phase 1, Lekki, Lagos
400 SQMS Land
Featured
7
₦400,000,000

Residential land for sale

400 SQMS Land

This Estate Shares a Fence With Cowrie Creek. Where Land Is Selling at ₦950 Million. Three Plots Available. From ₦400 Million. Global C of O. Gazette. Spar Road, Ikate. Enter the Corridor Before the Price Catches Up. The problem The Ikate-Lekki land conversation has a currency that most buyers understand but few act on in time. It is not the per-sqm price. It is the proximity premium. When an estate shares a boundary fence with one of the most consistently valued named estates in the Lekki sub-corridor --- when the wall between your plot and that address is a physical structure you can stand beside on a site visit --- the value of your acquisition is not determined solely by what your estate is today. It is influenced by what it is next to. Hampton Bay Estate sits on Spar Road, Ikate. It shares a fence with Cowrie Creek Estate --- the same estate where fully detached duplexes are currently selling at ₦950,000,000 and land plots are transacting at ₦900M to ₦950M. The fence between Hampton Bay Estate and Cowrie Creek Estate is not a metaphor. It is a physical boundary. The addresses are adjacent. The infrastructure corridor is the same. The road is the same. And Hampton Bay Estate land starts at ₦400,000,000. the agitation Here is what the proximity premium costs a buyer who misses it. Cowrie Creek Estate's price credibility is documented and public. Fully detached duplexes at ₦950M. Land at ₦900M to ₦950M. These are not aspirational numbers. They are current asking prices on active listings --- in the same portfolio managed by the same agent who is offering you Hampton Bay Estate plots right now. The buyers who entered Cowrie Creek Estate at the land stage --- before the finished ₦950M duplexes defined the exit value --- captured the margin between acquisition price and completed property value. That margin now belongs to them. The buyers who purchase the finished duplexes at ₦950M are paying it on the way out. Hampton Bay Estate shares that corridor. Shares that road. Shares that fence. The per-sqm rate in Hampton Bay today reflects a market that has not yet fully priced the Cowrie Creek adjacency into Hampton Bay's land value. That gap between what Hampton Bay currently costs and what the Cowrie Creek fence means for Hampton Bay's trajectory is the window you are looking at right now. Meanwhile, every month you continue to rent in Lagos --- absorbing annual increases from a landlord who understands leverage better than most corporate negotiation frameworks do --- is a month the gap narrows and the entry price moves. Three plots. Three price points. One estate. One fence line. The solution Three plots of bare residential land in Hampton Bay Estate, Spar Road, Ikate, Lekki. Every plot in this estate carries a Global C of O and Gazette as the master title foundation --- with Deed of Assignment as the individual conveyance instrument and Governor's Consent available as a post-purchase upgrade. A newly built physical environment. Sharing a boundary fence with Cowrie Creek Estate. Here is each option in full: Option 1 --- 400sqm at ₦400,000,000 The most accessible entry point into Hampton Bay Estate. 400sqm at ₦400M net --- approximately ₦1,000,000 per sqm. Deed of Assignment backed by the estate's Global C of O and Gazette. 400sqm is the correct footprint for a well-configured private residence in the Ikate residential corridor. The duplexes in adjacent Cowrie Creek Estate were built on plots ranging from 400sqm to 800sqm. A single-family home with a pool, covered outdoor area, parking, and a BQ is achievable within this footprint when the design is intelligent. For the end-user whose priority is owning land in this specific sub-corridor at the most accessible price point --- Option 1 is the starting conversation. For the investor building a compact but premium residential unit adjacent to Cowrie Creek Estate --- the development arithmetic at ₦400M land acquisition is straightforward once construction cost and exit value are factored in. The title: Deed of Assignment backed by a Global C of O covering the entire Hampton Bay Estate, further supported by a Gazette --- the formal Lagos State Government public record of the estate's land allocation. Governor's Consent is perfectible post-purchase as the individual title upgrade. The documentary foundation is among the strongest available for a Deed of Assignment position in Lagos residential land law. Option 2 --- 800sqm at ₦900,000,000 --- all documents paid The largest plot. The most complete document position. 800sqm at ₦900M --- approximately ₦1,125,000 per sqm. Deed of Assignment. All documents already paid for, including the buyer's own Deed of Assignment. The "all documents paid" designation on Option 2 is a meaningful commercial distinction. In most Lagos land transactions, the buyer pays the purchase price and then separately commissions and funds the documentation process --- legal fees, Deed of Assignment preparation, stamp duty, consent fees. On Option 2, these costs have already been absorbed. The buyer pays ₦900M and receives a complete, prepared documentation package. There are no additional document costs to budget for. The acquisition is financially complete at the stated price. 800sqm adjacent to Cowrie Creek Estate --- with all documents paid, the estate's Global C of O and Gazette as the backing instruments, and Governor's Consent as the post-purchase upgrade path --- is the most immediately actionable large-format land position in this listing. Option 3 --- 800sqm at ₦760,000,000 The same size as Option 2. ₦140M less. Same estate. Same Global C of O and Gazette foundation. Deed of Assignment. At ₦760M for 800sqm, the per-sqm rate is approximately ₦950,000 --- below the Option 2 per-sqm rate and below the Cowrie Creek Estate land comparable on the other side of the fence. The ₦140M differential between Option 2 and Option 3 reflects a specific difference between the two plots --- position within the estate, proximity to the fence line, road frontage, or plot orientation. Confirm the specific reason for the price differential at first contact. The answer will clarify which of the two 800sqm options better fits your development or residence requirements. What is consistent between both 800sqm options: the estate, the title foundation, the Cowrie Creek adjacency, and the development opportunity. What all three plots share: Hampton Bay Estate, Spar Road, Ikate, Lekki --- a newly built physical environment sharing a boundary fence with Cowrie Creek Estate. The roads are in. The estate infrastructure is built. The environment surrounding your plot is residential, organised, and already defined. Global C of O covering the entire Hampton Bay Estate. This is the Lagos State master title instrument for the estate --- every plot's title security derives from this single, state-registered document. It is not a community title. It is not a pending instrument. It is issued, registered, and traceable to the Lagos State government. Gazette --- the formal Lagos State Government public record of the estate's land allocation. This is the official published confirmation of the estate's legal standing in the state's land records. Combined with the Global C of O, Hampton Bay Estate carries a dual-instrument title foundation that very few estates in the Ikate-Lekki corridor can match. Deed of Assignment --- the individual conveyance instrument for each plot, deriving its legal standing from the Global C of O foundation. Governor's Consent --- upgradeable post-purchase on any of the three plots. With the Global C of O and Gazette in place as the documentary foundation, the Governor's Consent application is the straightforward individual registration process that converts estate-level title into a buyer-named, personally registered instrument. Your solicitor handles it. The foundation is already the strongest possible. Hampton Bay Estate, Spar Road, Ikate, is part of the established Ikate residential corridor. The estate and the surrounding area --- including adjacent Cowrie Creek Estate --- have consistently demonstrated drainage stability. The Spar Road axis does not carry the flooding risk that affects lower-lying or less-managed addresses in the broader Lekki peninsula. Smilebay Realties does not list properties in flood-prone areas. All three plots in Hampton Bay Estate were assessed against that standard before listing. All three passed. Your land acquisition here is protected from the rainy-season risk that erodes asset value and quality of life in flood-affected Lagos addresses. The call to action Three plots. One estate. One fence line shared with Cowrie Creek. The buyer for Option 1 at ₦400M wants the most accessible entry point into this corridor --- a 400sqm plot with a Global C of O and Gazette foundation, adjacent to one of Lekki's most established estate addresses. The buyer for Option 2 at ₦900M wants the largest footprint with the most complete documentation --- 800sqm, all documents paid, ready to proceed immediately. The buyer for Option 3 at ₦760M wants 800sqm at a lower per-sqm rate than Option 2 --- same estate, same title foundation, same Cowrie Creek adjacency, ₦140M less. All three conversations begin with the same call. Title documentation available for immediate solicitor review. Site visits arranged this week. Call or WhatsApp Smilebay Realties: +234 901 517 4801 The fence between Hampton Bay Estate and Cowrie Creek Estate is a physical structure. The value on one side of it is ₦950 million for finished duplexes. The land on your side starts at ₦400 million. That gap does not stay open indefinitely. Option 1: 400sqm Bare Land --- Hampton Bay Estate, Spar Road, Ikate, Lekki, Lagos Price: ₦400,000,000 (approximately ₦1,000,000 per sqm) Title: Deed of Assignment backed by Global C of O + Gazette Governor's Consent: Perfectable post-purchase option 2: 800sqm Bare Land --- Hampton Bay Estate, Spar Road, Ikate, Lekki, Lagos Price: ₦900,000,000 (approximately ₦1,125,000 per sqm) Title: Deed of Assignment backed by Global C of O + Gazette --- All Documents Paid Including Buyer's Deed Governor's Consent: Perfectible post-purchase option 3: 800sqm Bare Land --- Hampton Bay Estate, Spar Road, Ikate, Lekki, Lagos Price: ₦760,000,000 (approximately ₦950,000 per sqm) Title: Deed of Assignment backed by Global C of O + Gazette Governor's Consent: Perfectable post-purchase all three plots: Estate: Hampton Bay Estate --- Newly Built Physical Environment --- Sharing Fence with Cowrie Creek Estate Location: Spar Road, Ikate, Lekki, Lagos Master Title: Global C of O + Gazette covering entire estate Flood-Free --- Confirmed by Smilebay Realties Pre-Listing Assessment Adjacent Comparable: Cowrie Creek Estate --- Finished Duplexes at ₦950,000,000 --- Land at ₦900M to ₦950M note: Hampton Bay Estate, Spar Road, Ikate (this listing --- Ref: 3127015) is a separate estate from Hampton Bay Island Estate, Osapa (Ref: 3127649). Different locations. Different sub-corridors. Different plot specifications. Listed by Smilebay Realties Limited --- Ref: 3127015

Hampton Bay Estate, Ikate, Lekki, Lagos
1, 700SQM Corner Plot
Featured
2
₦850,000

Residential land for sale

1, 700SQM Corner Plot

Every Developer in Lekki Phase 1 Knows What Admiralty Way Commands. This Corner Plot in Lekki Foreshore Is How You Get There Before the Market Catches Up. The problem There is a gap in Lekki Phase 1 that experienced Lagos developers understand precisely --- and that most people outside the market never see clearly enough to act on. It is the gap between what land trades for inside a gated Lekki Phase 1 estate on a tarred, dual-access road, and what the finished product sells for when the building is done and the address is "Admiralty Way" or "Lekki Phase 1." That gap --- between acquisition cost and exit value --- is where Lagos real estate fortunes have been built for twenty years. The developers who caught Lekki Phase 1 at the right entry point did not do it by buying on Admiralty Way at peak pricing. They did it by buying in the adjacent corridors, the gated estates, the well-titled plots just inside the Phase 1 boundary --- and developing up to the standard that the Admiralty Way buyer was already paying for. They bought the gap. They built into the premium. They closed the distance between entry price and exit value with concrete and steel. Lekki Foreshore Estate, Lekki Phase 1, is that gap --- today, right now --- at ₦850,000 per square metre. The agitation Here is what the professional Lagos capital allocator who misses this moment will feel twelve months from now. Not regret in a vague sense. Specific, measurable regret. Lekki Phase 1 land inventory moves in one direction. The available parcels inside established, gated estates with functional road infrastructure and dual access gates --- the kind that a serious developer can break ground on without remediation, without access negotiation, without surveying drama --- are finite. They are absorbed by buyers who act when the opportunity is visible, and they do not re-enter the market at the same price. The developer who acquired in Lekki Foreshore two years ago is not selling at ₦850k/sqm. They are either building or holding at a number that reflects what the corridor has done since they entered. The developer who acquires today at ₦850k/sqm and develops a multi-unit residential building benchmarked against Admiralty Way's current sale prices will, at exit, be describing this acquisition price as the decision that made the project work. The margin lives in the entry. The entry is now. And there is a specific detail about this particular parcel that narrows the window further: it is a corner unit. Corner plots in any established residential estate transact before equivalent internal plots because developers with active projects recognize the advantage immediately. Once this conversation becomes widely known, the single-parcel whole will not last. The solution 1,700 square metres. Corner position. Lekki Foreshore Estate, Lekki Phase 1. ₦850,000 per square metre. Tarred road. Dual-gate estate access. Owner willing to split. This is an active opportunity at a current market price with a specific, named exit thesis --- and the exit thesis is stated by the seller himself: develop and sell at Admiralty Way comparative value. Here is what this plot actually delivers for each buyer profile: For the developer acquiring the full 1,700sqm (₦1,452,650,000): a corner plot of this size in Lekki Foreshore is a multi-unit residential development site. Two street-facing frontages means two vehicle access options for the finished building --- a design advantage that translates directly into a more attractive product for the end buyer. Better ingress. Better visual presence from two approaches. A finished building that looks like it belongs on Admiralty Way, because architecturally it has the same corner-plot geometry. At current Lekki Phase 1 pricing for developed multi-unit residential buildings --- apartments, duplexes, or mixed configurations --- the exit value per sqm of built area is materially above the ₦850k/sqm land acquisition cost. The construction cost sits between those two numbers. The margin is what the developer takes. On 1,700sqm of corner land in Lekki Foreshore, that margin is the reason this conversation exists. For two buyers splitting the parcel --- 1,000sqm (₦850,000,000) and 700sqm (₦595,000,000): The owner has confirmed willingness to sell separately. Both sub-parcels remain in the same Lekki Foreshore Estate, same tarred road, same dual-gate access infrastructure. The 1,000sqm parcel is a standalone development site. The 700sqm parcel --- close in size to the 600sqm outright plot previously available in this same estate --- is a viable site for a high-specification private residence or a boutique development unit. Neither sub-parcel is a compromise. Both acquire at the same ₦850k/sqm net rate. The dual-gate estate access --- Freedom Way and Admiralty Way --- is a development infrastructure advantage, not just a commute convenience. For a building under construction, dual access means materials and contractors can move efficiently without creating a single-point access bottleneck. For the completed building's residents, dual access means the Lekki-Epe toll gate backup never traps them in the estate. For the exit buyer evaluating the finished property, dual access is a concrete differentiation from single-entry alternatives. It adds value at every stage of the development lifecycle. Tarred road throughout the estate. The access infrastructure is done. You are not acquiring land and hoping the road follows. The road is there. Site visits happen today. Construction starts on your schedule, not the estate's infrastructure timeline. ₦850,000/sqm is the seller's net price. This is not a headline rate with agency loaded on top as a surprise at the offer stage. The ₦850k/sqm is what the seller receives. Agency and legal are transacted separately and transparently. At Admiralty Way comparable development exit pricing, the acquisition cost is correctly positioned where the seller says it is: at the entry end of the Lekki Phase 1 value spectrum. ️ Title documentation: Confirm with agent before submitting any offer. At this acquisition value, your solicitor must review the title instrument --- whether Federal C of O, Governor's Consent, or Deed of Assignment --- before any funds are committed. Documentation should be available for review. If it is not immediately producible, treat that as a due diligence item to resolve before proceeding. The call to action This listing was posted today. Corner plots in Lekki Foreshore Estate at ₦850k/sqm net, on a tarred road with dual Admiralty Way and Freedom Way gate access, with the owner confirmed willing to split for two separate buyers --- do not stay in conversation indefinitely. The developer who runs the numbers once knows what the Admiralty Way exit thesis means for this parcel's development margin. The buyer who has been watching Lekki Foreshore for the right entry knows this is it. Whole parcel: ₦1,452,650,000. One buyer. Full corner advantage. Split option: ₦850M (1,000sqm) + ₦595M (700sqm). Two buyers. Same estate, same access, same price per sqm. Confirm title documentation. Schedule a site visit. Call or WhatsApp Smilebay Realties: +234 901 517 4801 The Admiralty Way premium exists because buyers there paid for it. This is how you build it instead of paying it. 1,700sqm Corner Plot Tarred Road Lekki Foreshore Estate, Lekki Phase 1, Lekki, Lagos Price: ₦850,000/sqm net Total: ₦1,452,650,000 Split Option a: 1,000sqm = ₦850,000,000 Split Option B: 700sqm = ₦595,000,000 Dual Gate Access: Freedom Way + Admiralty Way Title: [Confirm --- Federal C of O / Governor's Consent / Deed --- verify before offer] Listed Today: June 20, 2026 Smilebay Realties Limited Ref: 3535016

Lekki Foreshore Estate, Lekki Phase 1, Lekki, Lagos
600 SQM Residential Land Lekki Foreshore Estate, Lekki Phase 1
Featured
3
₦510,000,000

Residential land for sale

600 SQM Residential Land Lekki Foreshore Estate, Lekki Phase 1

The Lagos Professionals Who Built Generational Wealth Did Not Buy When the Market Was Calm. They Bought When the Layout Was New. The problem There is a specific window in every high-value Lagos real estate corridor. It opens when the infrastructure is already in place --- the gates, the roads, the drainage, the estate perimeter --- but the individual plots have not yet been fully absorbed by the market. Prices are still entry-level relative to what the corridor will sustain eighteen months from now. The title documentation is complete. The land is ready to build. But the wider market has not yet caught up to what is sitting there. This window does not stay open. The people who caught Lekki Phase 1 in that window in the early 2000s are now sitting on assets worth multiples of what they paid. The ones who caught Foreshore's first cycle four or five years ago have already seen material appreciation. Every one of those buyers looked, at the time of their purchase, like they were moving slightly ahead of the consensus. That is exactly what this moment is. And if you are reading this and your reaction is "let me wait and see how the market moves" --- the window is already closing on you. The agitation Here is what the professional Lagos property watcher always gets wrong. They optimise for certainty. They want to see the neighbourhood fully developed, the comps established, the comparable transactions publicly known, before they commit. By the time all of that is visible, the entry price they wanted is gone. The ₦510M plot that looked uncertain a year ago is now ₦700M and the agent is not returning calls on the weekend. This is not speculation. This is the documented price behaviour of every established corridor in Lekki Phase 1 going back fifteen years. Meanwhile, the monthly rent continues. ₦1.5 million. ₦2 million. ₦2.5 million --- gone every month into a landlord's account, building equity for someone else, appearing nowhere on your personal balance sheet. And somewhere in the back of your mind, the calculation you have been meaning to do --- the one that compares what you have paid in rent over five years versus what a plot in Lekki Phase 1 would be worth today if you had bought then --- sits unfinished because you already know the answer and it is uncomfortable. The professionals who are ahead of you financially are not smarter. They did not have better information. They had one discipline: they moved during the window instead of studying the window until it closed. The solution 600 square metres of titled residential land in Lekki Foreshore Estate, Lekki Phase 1. ₦510,000,000. Outright purchase. Complete title documents in hand. This is the window. Here is exactly what it consists of: Lekki Foreshore Estate --- not an emerging corridor, an established one. This is not land in a new scheme three junctions past the last traffic light. Lekki Foreshore sits inside Lekki Phase 1, one of the most consistently in-demand residential addresses in Lagos. The estate's perimeter is defined. Its road network is built and functional. The dual-gate access --- one on Freedom Way, one on Admiralty Way --- means residents have two exit routes in a city where a single blocked access point can cost you an hour. This is infrastructure that already exists. You are not buying a promise. Newly created layout --- the most important three words in this listing. The estate's road and infrastructure framework predates this plot availability. What is new is the parcelling --- this 600sqm parcel has recently been carved out of the layout, which means two things: the entry price has not yet caught up to the corridor's established going rate, and you are acquiring in a phase when similar-sized parcels in this estate's older sections are already commanding materially higher per-sqm figures. The buyers who enter newly created layouts in established estates consistently outperform those who wait for the layout to age. This is observable pattern, not theory. 600sqm at ₦510,000,000 --- translating to ₦850,000 per sqm. This per-sqm figure is the number a land-literate buyer benchmarks. In Lekki Phase 1, Admiralty Way adjacent, dual-gate access, functional road network, inside a named estate with traceable title --- ₦850k/sqm is the price of a market that has not yet fully absorbed the new layout. Comparable parcels in this corridor's more traded sections trade meaningfully above this. You are paying for a timing advantage, not a location compromise. Complete title documents are available for due diligence today. No pending applications. No community approval processes. No ambiguity about who the title authority is. The documents are complete, confirmed, and verifiable by your solicitor before any funds move. In a market where title anxiety is the single largest reason good buyers hesitate on good land, this closes the hesitation before it starts. A larger option exists for buyers with greater capital or development ambition: 700sqm at ₦850,000 per sqm (₦595,000,000). Same estate, same infrastructure, same title quality. For a developer looking at a larger footprint --- more buildable area, more floor plate, more units on exit --- this option is a direct alternative in the same conversation. The per-sqm maths, for anyone doing the development calculation: 600sqm in Lekki Phase 1, depending on zoning and building approval, supports a substantial multi-storey residential development. The cost of construction per sqm of built area, against the exit pricing of developed property in this corridor, produces a development margin that makes the land acquisition at ₦850k/sqm look very different from a sunk cost. It looks like a foundation. And for the end-user --- the professional who simply wants to build their own home on their own land, in their own time, to their own specification, in one of Lagos's most respected residential addresses: this plot is the blank canvas. No developer dictating the layout. No shared wall negotiating the boundary. Your architect. Your contractor. Your timeline. Your home. On 600sqm in Lekki Phase 1, with dual-gate access, functional infrastructure, and clean title. That version of the Lagos property story does not require compromise. The call to action The listing description states it plainly and correctly: prices in this estate are rising. A newly created layout in an established corridor does not hold its entry pricing for long. The buyers who are active in Lekki Phase 1 land know this. Some of them have already made inquiries. This listing is for two kinds of buyer. The investor or developer who benchmarks ₦850k/sqm in Lekki Phase 1 against the corridor's exit pricing and understands what that spread means for a development project --- and who has the capital or financing to move when the number makes sense. The senior professional who has been meaning to secure land in Lekki Phase 1 and build exactly the home they want, on their own terms, and has been waiting for a clean title, established infrastructure, and a number that does not require them to overpay to enter the corridor. If either of those descriptions fits you precisely, one call moves this forward. Title documents available for immediate due diligence. Site visit can be arranged this week. Call or WhatsApp Smilebay Realties: +234 901 517 4801 The window on newly created Lekki Phase 1 Foreshore land at ₦850k/sqm will not be described as "newly created" for much longer. That is how windows work. 600sqm Residential Land Lekki Foreshore Estate, Lekki Phase 1, Lekki, Lagos Price: ₦510,000,000 (₦850,000/sqm) Complete Title Documents Available Dual-Gate Access: Freedom Way + Admiralty Way Excellent Road Network Newly Created Layout in Established Estate Prices Rising Also Available: 700sqm at ₦850,000/sqm = ₦595,000,000 Direct brief Listed by Smilebay Realties Limited Ref: 3469095

Lekki Foreshore Estate, Lekki Phase 1, Lekki, Lagos
2, 000 SQM JV Land Parcel B,
Featured
2
₦1,800,000,000

Residential land joint venture

2, 000 SQM JV Land Parcel B,

You Know What Lekki Foreshore Has Done to Property Values Over the Last 2 years? The Question Is Whether You Were On the Right Side of That Trade? The problem There is a very specific feeling that hits a certain type of Lagos professional in a very specific moment. It happens when you're at a dinner --- maybe a colleague's housewarming, maybe a client lunch at a rooftop in Lekki Phase 1 --- and someone mentions what they paid for their plot three years ago. And then mentions what it's worth today. The number is not modest. You smile. You calculate quietly. You file it under "I should have moved on that." This is not a singular moment. It has happened to you --- or someone exactly like you --- multiple times in the last ten years, on the Chevron corridor, on Eko Atlantic, on Old Ikoyi, and now, systematically, in Lekki Foreshore. The people sitting on the gains are not smarter than you. They did not have better information. They had one thing: they acted when the play was visible and the entry was still accessible. That window is narrowing in Lekki Foreshore. But it has not closed. The agitation Here is the uncomfortable arithmetic of inaction. Lekki Foreshore Estate, Lekki Phase 1, is not an emerging area. It is not a bet on a corridor that might develop. It is a functioning, gated, high-demand estate with direct access to Admiralty Way --- one of Lekki's primary arterial roads --- and a second access gate that keeps it insulated from the chaos of the main expressway. Infrastructure is built. Roads are new. The estate is already in high demand and under-supplied. Land in this estate is not being manufactured. The parcels are finite. And the developers who spotted this early have already built, sold, and moved on to their next project --- taking their profit with them. What remains is exactly this: a 2,000 square metre plot in Parcel B. Ground floor plus three storeys of buildable height. The kind of footprint that in this location translates directly to a multi-unit residential development --- the type that, sold or let at current Lekki Phase 1 rates, produces returns that make most other asset classes look sluggish. Every month this plot sits unleveraged is a month of compounding that does not happen for you. Every month a developer who sees this clearly instead of you gets to structure the deal, build the project, and take the upside. The land does not wait for anyone. Neither does the right partner. The solution This is a Joint Venture proposition. The landowner brings the asset: 2,000 sqm of titled residential land, Parcel B, Lekki Foreshore Estate, Lekki Phase 1. The location is established. The road network is newly built. The two-gate access --- one directly to Admiralty Way --- means the estate has both security and connectivity. This is not off-plan aspiration. This is a real, titled plot in a functioning, high-demand estate. You bring the development capital and construction capability. The structure is clean: JV Premium: ₦50,000,000. This is your entry --- the consideration paid to the landowner to secure the joint venture partnership on this plot. Sharing Formula: 50/50. Half of whatever you build is yours --- whether you sell, let, or hold. On a 2,000 sqm plot at G+3 in Lekki Phase 1, the built-out value on exit is not speculative. Properties in this estate and this corridor are transacting. The comps exist. The demand is documented. Now do the maths on your half. Here is what the deal structure actually means in practice for a developer with the right construction cost basis: You build a G+3 residential block on 2,000sqm in Lekki Phase 1. You take 50% of the units. You sell or let at prevailing Lekki Phase 1 rates --- rates that have appreciated consistently through every macro cycle Lagos has absorbed in the last fifteen years, including devaluations and global slowdowns. Your ₦50 million JV entry unlocks a land position that, acquired outright, costs ₦1.8 billion. You are not buying the land. You are partnering on it --- and taking half the product that comes off it. That is the structure. Access is immediate. Two gates into the estate. Admiralty Way connectivity. The buildout can begin as soon as the JV agreement is executed and the premium is paid. The title documentation is available for due diligence. This is not a verbal arrangement or a handshake deal dressed in a property listing. The legal framework is in place. Your solicitor can review it before you commit anything. The call to action This is not a listing for someone who needs to think about it for three months. The ₦50 million JV premium to secure a 50% stake on 2,000sqm in Lekki Foreshore --- with the road network built, the estate in high demand, and direct Admiralty Way access --- is not priced to sit. A developer who runs these numbers once knows what this means. A high-net-worth individual looking to diversify from financial assets into Lagos real estate knows what this corridor has historically done. If you are a developer with active capacity, an investor with capital seeking a structured Lagos land play, or a corporate professional who has been meaning to enter the real estate development space with the right partner and the right asset --- this is a direct conversation. Call or WhatsApp Smilebay Realties: +234 901 517 4801 Come with your questions. Bring your solicitor. Run your numbers. Because the professionals who built wealth in Lekki Phase 1 over the last decade did not do it by being slow when a clear opportunity was in front of them. Joint Venture 2,000 sqm Residential Land Parcel B, Lekki Foreshore Estate, Lekki Phase 1, Lagos Land Value: ₦1,800,000,000 JV Premium: ₦50,000,000 Sharing Formula: 50/50 G+3 (Ground Floor + 3) Dual Gate Access Admiralty Way Connectivity Rapid Value Appreciation Corridor Listed by Smilebay Realties Limited Ref: 3486392

Lekki Foreshore Estate, Lekki Phase 1, Lekki, Lagos

About Smilebay Realties Limited

Mission statement It is from the extensive research undertaken from our firm that we have mapped out strategies to eradicate the previous modus operandi of real estate agencies in Nigeria as well as the challenges faced by developers, buyers and investors in real estate. Vision It's within our vision, the eradication of the non-professional model of estate management and sharing a more innovative and trendy strategy that suits clients of the internet age. It is out of our unique experience in the real estate market that we decided to become a buyer based real estate listing website where buyers can get directly connected to real estate developers and sellers without going through chains of real estate agents who do not have intention behind their agency services. We decided to build a brand from the mistakes of our competitors to suit real estate buyers who need direct communication with the developer/seller of the property a potential buyer is interested in. We have had over 12 years of solid experience with buyers and sellers here in Nigeria and we have a deep client base of real estate developers who build and sell brand new homes here in Nigeria. Our staff base is mostly IT consultants who understand the art of selling goods and services over the internet with internet lead generation systems as much as we have staff who do the leg work and physical scouting of properties from real estate developers and sellers willing to list with us. We also have the foundational staff who are educationally qualified in real estate and financial education which ensures that clients make the best financial decisions. Smilebay Realties Limited is a real estate firm that engages in the business of real estate here in Nigeria. We are commissioned agents that directly connect real estate buyers to real estate developers and sellers in Nigeria. We ensure that our clients are able to find and successfully purchase their genuine dream home without long chains of real estate agents. Smilebay Realties Limited is a registered company with cac, RC: 1080825 and we are legitimately positioned to help buyers and sellers make their real estate transactions successful. Our clients Real estate buyers. Real estate developers/sellers. Short let property owners (vacation homes) Vacation homes guests.
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