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Smilebay Realties Limited

Smilebay Realties Limited

Chevron Dr 4, FL 2 Lekki, Lagos, Nigeria
10 years on Nigeria Property Centre smilebay.estateagentsng.com
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Lekki 16 Ikoyi 12 Victoria Island (VI) 11 Eko Atlantic City 1

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402 SQMS Residential Land — Lekki Foreshore Estate, Lekki Phase 1, Lekki, Lagos
Premium
2
₦430,000,000 per plot

Residential land for sale

402 SQMS Residential Land

Lekki Foreshore Estate. Parcel a. 402sqm. Close to the Main Gate. ₦430 Million. The Most Accessible Entry into This Estate. And the Most Honest Flood Argument Any Lekki Land Has Made. The problem The Lekki Phase 1 land buyer in 2026 has two questions before any other question. The first is title. Is the document clean? Is the chain short? Does the paper end where paper should end? The second is drainage. In a Lagos rainy season that has caused flooding in estates that confidently claimed "no flooding" in their listings --- the buyer who has been watching the market knows that the drainage claim is the one most likely to be aspirational rather than operational. Most Lekki Phase 1 land listings answer the second question with a single line: "flood free." No mechanism stated. No drainage infrastructure described. No explanation of why this plot is dry when the surrounding areas are not. This listing answers the second question differently. The Lekki Foreshore Estate drainage system is channelled directly to the lagoon. The proximity of this estate to the lagoon is not incidental --- it is the drainage architecture. The water has a designed, direct route to the lagoon. It does not accumulate. It does not back up. In the rainy seasons that have tested every estate on the Lekki corridor, Lekki Foreshore Estate has remained dry --- not because the developer promised it, but because the drainage infrastructure was built to a specific engineering standard that most estates in this corridor have not matched. 402sqm in Parcel a of this estate. Close to the main gate. ₦430,000,000. The agitation Here is what the Lekki Phase 1 land search has cost the buyer who has been watching this corridor with flooding as their primary concern. You have looked at multiple plots. Some were priced well. Some had acceptable titles. Some were in the right general sub-zone. But in every case, the drainage question produced either a casual "no problem" from the agent or a silence that told you everything. You have seen what happens to Lekki properties during rainy season. You have driven past compounds where the water reaches the gate. You have watched NPC listings for estates that described themselves as flood-free sell their units to buyers who later discovered that "flood-free" applied to the estate roads but not the individual compound drainage. These are not rare stories. They are the standard experience of a significant number of Lekki land buyers who made decisions before the rainy season tested the drainage claim. Lekki Foreshore Estate is a newly developed estate that was designed with specific knowledge of those stories. The developers studied the drainage failures of established Lekki estates and engineered around them --- building drainage channels that flow directly to the lagoon, not drainage that terminates at a soak-away or a retention area that backs up during heavy rainfall. The lagoon adjacency that defines this estate's character is simultaneously the estate's drainage solution. Water flows toward the lagoon because the estate is built to direct it there. That is not a claim. It is a designed engineering outcome --- visible in the functioning drainage system that operates 100% during Lagos rainy seasons. Meanwhile, the Parcel a position --- closest to the main gate, dual access from Freedom Way and Admiralty Way --- is the plot that gives the buyer maximum operational convenience for both construction access and post-build daily movement. The solution 402 square metres of residential land in Lekki Foreshore Estate, Lekki Phase 1. Parcel a position --- at the back of Plot 11, close to the estate main gate. Dual gate access via Freedom Way and Admiralty Way. Lagoon-adjacent drainage system channelled directly to the lagoon. Newly developed estate with functioning drainage infrastructure. ₦430,000,000. Here is what this plot delivers --- and what makes it distinct from every other Lekki Phase 1 land listing in this portfolio: Parcel a --- the gate-proximity position in a three-parcel estate. As established across the Lekki Foreshore Estate listing series in this portfolio, the estate is subdivided into Parcels a, B, and C. Parcel a is the outer parcel closest to the estate entrance. This specific plot --- at the back of Plot 11, close to the main gate --- is within Parcel A's gate-adjacent zone. For a buyer whose development requires fast access, or a household whose daily movement prioritises the shortest route between the estate gate and their compound, Parcel a is the operationally convenient position. Dual gate access via Freedom Way and Admiralty Way. Two entry and exit points. When the Lekki-Epe expressway backs up at the Chevron toll gate direction, the Freedom Way gate gives an alternative route. When Freedom Way itself has congestion, Admiralty Way provides the second option. In Lagos, where a single blocked access point can add 45 minutes to a commute, dual-gate access is infrastructure that the buyer will use daily --- and will value more with each rainy season and each Friday evening that demonstrates why alternatives matter. 402sqm --- the compact, correctly sized Lekki Foreshore plot. This is the smallest plot available in the Lekki Foreshore Estate portfolio published by Smilebay Realties --- and it is the most accessible entry price into the estate as a result. At ₦430M, the buyer acquires a Lekki Phase 1, Lekki Foreshore address in Parcel a with the estate's full infrastructure credentials. The 402sqm footprint is sized for a well-configured private residence --- a single-family home with pool, parking, compound, and BQ is achievable within this footprint when designed correctly. The proximity to the main gate means the compound's position in the estate is one of the most immediately accessible. The drainage argument --- stated specifically, not generically. Lekki Foreshore Estate's drainage system is channelled directly to the Lagos lagoon. Not to a retention pond. Not to a soak-away that fills during sustained rainfall. To the lagoon. The engineering decision to channel drainage to the lagoon is the reason the estate remains dry during Lagos rainy seasons that have tested and failed the drainage infrastructure of older, less carefully planned Lekki estates. The developers of Lekki Foreshore studied the specific drainage failures of the estates that preceded it. The drainage infrastructure was built to address those failures explicitly. The result --- documented through multiple rainy seasons --- is an estate whose drainage works when others do not. This matters differently for a land buyer than for an apartment buyer. When you build on this plot, the structure you build sits on land whose drainage has been independently tested and confirmed operational. The compound you develop drains into an estate system that flows to the lagoon. The rainy season test that reveals inadequate drainage in other estates is, in this estate, already answered. Newly developed estate --- drainage channels are free and functioning. The description makes a specific technical point that deserves elevation: in a newly developed estate, the drainage channels have not yet accumulated the debris, silt, and blockage that accumulates over years of occupancy in older estates. The Lekki Foreshore drainage is new, clear, and operating at full capacity. For the buyer who builds now and occupies in the next 12 to 24 months, the drainage infrastructure is at its best possible operational state. Title documentation. The listing description does not state the specific title instrument. Based on the established Lekki Foreshore Estate title structure across all previous listings in this portfolio --- Deed of Assignment backed by a Global Certificate of Occupancy, with Governor's Consent upgradeable post-purchase --- this plot is expected to carry the same title foundation. Confirm the specific instrument at first contact. The agent has the documentation available. ₦430,000,000 --- approximately ₦1,069,652 per sqm. This is the most accessible total acquisition price for any outright Lekki Foreshore Estate plot in the Smilebay Realties portfolio. The 600sqm outright plots were listed at ₦850,000/sqm (₦510M). The 1,709sqm corner plot was at ₦850,000/sqm (₦1.45B). This plot --- 402sqm in Parcel a at ₦430M --- offers Lekki Foreshore Estate entry at the lowest total price in the portfolio, at a per-sqm rate that reflects the Parcel a gate-proximity premium and the specific sub-400sqm plot size within the estate. Lekki Foreshore Estate is flood-free across all three parcels. The drainage system was built to channel water directly to the Lagos lagoon. This has been tested through multiple Lagos rainy seasons and confirmed operational. Smilebay Realties does not list properties in flood-prone areas. This plot in Lekki Foreshore Estate, Parcel a, was assessed against that standard before listing. It passed with the strongest drainage credential of any Lekki Phase 1 land listing in this portfolio. The call to action Lekki Foreshore Estate. Parcel a. Close to the main gate. 402sqm. ₦430,000,000. The smallest plot and the lowest total acquisition price in the Lekki Foreshore Estate portfolio. Dual gate access. Lagoon-channelled drainage that has been tested through Lagos rainy seasons and confirmed dry. The buyer for this plot has capital at this level and has been looking for a Lekki Phase 1 land position in an estate whose drainage argument they can actually trust --- not one stated in a bullet point, but one described with a specific engineering mechanism and a documented operational record. Title documentation available for immediate solicitor review. Site visit arrangeable this week. Call or WhatsApp Smilebay Realties: +234 901 517 4801 Lekki Phase 1. Foreshore Estate. Parcel a. The drainage works. The gate is close. The price is right. 402sqm Residential Bare Land Lekki Foreshore Estate, Parcel a --- Close to Main Gate Lekki Phase 1, Lekki, Lagos Location within Estate: At the back of Plot 11 --- Parcel a position --- closest to estate main gate Access: Dual Gate --- Freedom Way + Admiralty Way, Lekki Phase 1 Drainage: Lagoon-channelled system --- flows directly to Lagos lagoon --- tested and confirmed dry through rainy seasons Estate: Newly developed --- drainage channels free and operating at full capacity Price: ₦430,000,000 (approximately ₦1,069,652 per sqm) Title: Confirm at first contact --- expected Deed of Assignment backed by Global C of O per estate standard Governor's Consent: Upgradeable post-purchase Flood-Free --- Strongest Drainage Credential in the Lekki Phase 1 Land Portfolio Confirmed by Smilebay Realties Pre-Listing Assessment Posted: July 18, 2026 Listed by: Smilebay Realties Limited --- Ref: 3578606

Lekki Foreshore Estate, Lekki Phase 1, Lekki, Lagos
2 Bedroom Apartment — Ahmadu Bello Way, Victoria Island (VI), Lagos
Premium
12
₦600,000,000

Flat / apartment for sale

2 Bedroom Apartment

Ahmadu Bello Way, Victoria Island. 2 Bedrooms. 1 BQ. ₦600,000,000. 30% or 40% Down. Balance Spread Over 18 to 24 Months. Fully Serviced. Home Automation. A Private Elevator Straight to the Penthouse. This Isn't the Average VI 2-Bedroom. Here's the Math That Proves It. The problem There's a specific exhaustion in being a corporate professional who can technically afford to own in VI, but keeps finding the same two problems in every listing: either the price is right and the building is basic, or the amenities are real and the price has jumped past what actually makes sense for two bedrooms. Every evening ends the same way regardless --- surviving the commute, coming home to a rented flat where the generator schedule, the security rota, and the unannounced landlord visit are all someone else's decision, not yours. This listing is built for the buyer who's done comparing basic VI 2-bedrooms and basic VI 2-bedroom prices, and wants to see what the next tier actually includes before committing. The agitation Here's what "average" actually looks like on the VI 2-bedroom market right now, and where this listing sits against it. The average asking price for a 2-bedroom flat in VI currently sits around ₦280,000,000 --- but that average includes a wide spread of basic, older-stock units. Move up to genuinely serviced buildings and the picture changes fast: a 2-bedroom without BQ near Adeola Odeku goes for ₦400,000,000. a 2-bedroom maisonette with elevator access, gym, and pool at 90% completion is ₦450,000,000. a comparable mixed-use high-rise near the Atlantic coast --- Paramount Twin Towers in Oniru, twin G+13 towers with suspended pool, smart home systems, and concierge --- prices a standard 2-bedroom at ₦620,000,000 and a premium unit at ₦720,000,000. This listing --- a 2-bedroom with BQ at ₦600,000,000 --- sits just below that Paramount Twin Towers comparable, while matching or exceeding its amenity list: infinity swimming pool, full home automation, an electric car charging station, a private elevator dedicated to the penthouse, concierge, a fitness center, a clubhouse/lounge, a serene spa, and a children's playground. Most of the ₦400M--₦480M comparables above don't include a fraction of this list. The ₦620M--₦720M comparable roughly matches it, at a higher price. The solution a 2-bedroom apartment with 1 BQ, fully serviced, Ahmadu Bello Way, Victoria Island. ₦600,000,000. Payment plan: 30% or 40% initial deposit, balance spread across 18 to 24 months. Here is what each element actually removes from your life: Fully serviced, 24-hour power and security. The two most common sources of landlord disputes in Lagos --- power reliability and unannounced access --- are handled at building-management level, not at a single owner's discretion. Home automation and smart access. Lighting, climate, and entry managed from your phone, not from memory or a house help's schedule. Concierge and a private elevator to the penthouse. Building-level service infrastructure most standard VI 2-bedroom listings simply don't include --- the difference between a converted flat and a genuinely managed residential building. Infinity swimming pool, fitness center, clubhouse/lounge, serene spa. Recreation and recovery without leaving the building or paying for a separate club membership. Electric car charging station. A forward-looking building amenity that's still rare across most VI stock at this price point --- relevant now, and increasingly valuable as EV adoption grows in Lagos. Children's playground and landscaped garden. Family space built into the property, not negotiated with a landlord or hunted for outside the compound. Boys' quarters (BQ). Staff housing on your own footprint, not sourced separately. Why this beats the alternatives on the table. The ₦400M--₦480M comparables save money upfront but skip most of the amenity list above --- no EV charging, no penthouse elevator, no spa, often no BQ. The ₦620M--₦720M Paramount Twin Towers comparable matches the amenity tier here, at a higher price with a shorter, more rigid payment structure (40% down, balance over 10 months) than the 18--24 month flexibility offered here. The call to action ₦600,000,000. 2 bedrooms, 1 BQ, fully serviced, Ahmadu Bello Way, VI. 30% or 40% down. Balance spread across 18 to 24 months. The buyer for this unit has already compared the basic VI 2-bedroom stock at ₦400M--₦480M and the premium mixed-use towers at ₦620M--₦720M --- and is looking for the listing that sits between them on price while matching the amenity tier of the pricier option. Call or WhatsApp Smilebay Realties: +234 901 517 4801. Viewing by appointment. Serious inquiries only --- payment plan details confirmed at first contact. The commute will still be there tomorrow morning. The landlord's generator schedule won't be --- because this building runs on its own, all day, every day. Property Type: Flat/Apartment --- For Sale Bedrooms: 2 --- Bathrooms: 2 --- Toilets: 3 Price: ₦600,000,000 Payment Plan: 30% or 40% initial deposit; balance spread across 18--24 months Serviced: Yes Location: Ahmadu Bello Way, Victoria Island (VI), Lagos Interior & Finishing: Fitted kitchen --- Air conditioning --- pop ceiling --- Built-in wardrobes --- En-suite bedrooms --- Tiled floors --- Water heater --- Guest toilet --- Home automation --- Smart access Power & Utilities: 24/7 power supply --- Prepaid meter --- Standby generator --- Borehole --- Treated water --- High-speed internet/WiFi Security: Security gate --- Perimeter fencing --- Electric fence --- Burglar proof --- CCTV surveillance --- Security/gateman --- Intercom --- Fire safety Outdoor & Communal: Infinity swimming pool --- Landscaped garden --- Boys' quarters (BQ) --- Car park --- Balcony --- Outdoor lighting --- Elevator (+ private elevator to penthouse) --- Gym/fitness center --- Clubhouse/lounge --- Serene spa --- Electric car charging station --- Concierge --- Children's playground Posted: 17 August 2026 Listed by: Smilebay Realties Limited --- Ref: #362-737-3

Ahmadu Bello Way, Victoria Island (VI), Lagos
2 beds 2 baths
900 SQMS Land — Banana Island, Ikoyi, Lagos
Premium
1
₦4,800,000,000 per plot

Mixed-use land for sale

900 SQMS Land

Banana Island, Ikoyi. Corner Piece. 900 SQM. Mixed-Use Zone. ₦4,800,000,000. Confirm the Title Before You Confirm Anything Else. This Is Priced Like Banana Island's Strongest Title Tier --- Verify That It Actually Is. The problem There's a category of Banana Island land listing that prices itself at the top of the market without stating the one detail that justifies being there --- the title instrument. Corner-piece plots in Banana Island's mixed-use zone currently trade across a real range: standard Lagos State C of O land around ₦3,700,000 to ₦4,300,000 per sqm, and Federal C of O land --- the stronger, more institutionally recognized title --- commanding ₦4,500,000 to ₦5,500,000 per sqm. A near-identical comparable, also 900sqm, also a corner piece in the mixed-use zone, is listed elsewhere at ₦5,000,000,000, with its title simply described as "Lagos Title" --- itself a vague term that doesn't confirm Federal versus State C of O either. This listing is 900sqm, corner piece, mixed-use zone, ₦4,800,000,000 --- approximately ₦5,333,000/sqm. That rate sits inside the Federal C of O premium tier. Whether this specific plot actually carries that title is the first thing a serious buyer needs answered, not assumed. The agitation Here's why the title question isn't a formality on Banana Island specifically. A Federal Certificate of Occupancy and a Lagos State Certificate of Occupancy are not interchangeable in strength or in how the market prices them --- the comparable data above shows a genuine, consistent gap of roughly ₦800,000 to ₦1,000,000 per sqm between the two tiers on nearly identical corner-piece plots in the same mixed-use zone. Paying Federal C of O-tier pricing for land that turns out to carry a Lagos State C of O, or an unperfected title requiring further registration, means overpaying by a material margin on a 900sqm parcel --- potentially several hundred million naira. This isn't a reason to walk away from the listing. It's a reason to ask one direct question before responding to anything else in the description: which specific title instrument does this plot carry, and can it be verified against the original allocation documents before an offer is made. The solution 900 square metres, corner piece, mixed-use zone, Banana Island, Ikoyi. ₦4,800,000,000. Title to be confirmed directly with the agent. Here is what's genuinely verified and what needs confirming: Verified: Banana Island address. No serious buyer needs to be sold on the address itself --- it remains Lagos's most consistently valuable and demand-constrained residential and mixed-use enclave, with land supply that doesn't expand. Verified: Corner-piece positioning in the mixed-use zone. Corner plots typically command a premium over mid-block plots due to dual road frontage and greater design flexibility for a mixed-use development --- consistent with why this listing and its closest comparable both carry premium pricing. Verified: 900sqm. A workable footprint for a mixed-use residential-commercial development, consistent with what's trading elsewhere in the same zone. Unconfirmed: title instrument. This is the single most important verification step before proceeding. Request written confirmation of whether this is a Federal C of O, Lagos State C of O, or another instrument, and request the original documentation for independent solicitor review. Why this beats going in without asking. A buyer who confirms Federal C of O title gets a defensible, market-consistent price at the top of Banana Island's corner-piece range. A buyer who discovers a weaker title after the fact has overpaid relative to the comparable market --- the ₦800,000,000 to ₦1,000,000 per sqm gap between title tiers on comparable plots. The call to action 900sqm. Banana Island, Ikoyi. Corner piece, mixed-use zone. ₦4,800,000,000. Title requires direct confirmation. Call or WhatsApp Smilebay Realties: +234 901 517 4801 and ask specifically: what is the confirmed title instrument, and is documentation available for immediate solicitor review? Serious inquiries only. Do not proceed to a site visit or offer until title is confirmed in writing. The address is already Banana Island --- that part isn't in question. The corner position is already stated --- that part checks out. The title is the one line this listing left blank, and it's the line worth the most. Land Type: Mixed-use Land (Corner Piece) Size: 900 sqm Price: ₦4,800,000,000 Title: Not stated in listing --- confirm directly with agent before proceeding Location: Banana Island, Ikoyi, Lagos Market Comparable Context (Banana Island mixed-use corner-piece land): 900sqm corner piece, mixed-use zone, Banana Island --- ₦5,000,000,000 ("Lagos Title," unspecified) 1,000sqm, mixed-use, Lagos State title --- ₦3,700,000/sqm 2,025sqm corner piece, Federal C of O --- ₦4,500,000/sqm 500sqm, Federal C of O --- ₦5,000,000/sqm 850sqm waterfront, Federal Governor's Consent --- ₦5,500,000/sqm This listing: 900sqm corner piece, mixed-use zone --- ₦4,800,000,000 Posted: 15 August 2026 Listed by: Smilebay Realties Limited --- Ref: #362-387-5

Banana Island, Ikoyi, Lagos
811 SQMS Residential Land — Cowrie Creek Estate, Ikate, Lekki, Lagos
Premium
1
₦920,000,000 per plot

Residential land for sale

811 SQMS Residential Land

Cowrie Creek Estate, Ikate, Lekki. 811 SQM. Middle Plot. ₦920,000,000. Global C of O. An NLNG Cooperative-Developed, 43-Hectare Waterfront Community. This Is Buy-and-Build Land in the Estate Lagos's Corporate Class Already Trusts. The problem There's a category of Lekki land buyer who has stopped evaluating individual plots in isolation and started evaluating entire estates --- because the estate's developer, infrastructure, and governance turn out to matter as much as the plot's dimensions. Cowrie Creek Estate is exactly that kind of estate. Conceived in 2007 as a private-sector-led development by the Nigeria Liquefied Natural Gas Cooperative Society, spanning roughly 43 hectares along the Lekki Lagoon creek in Ikate --- this isn't a speculative land subdivision. It's a master-planned community built to a specific institutional standard, with title types that include Global Certificate of Occupancy, Governor's Consent, and Deed of Assignment, and 24-hour power delivered through a central Independent Power Plant, independent of the national grid. This listing is 811sqm, a middle plot, Global C of O, ₦920,000,000. the agitation Here's what's actually trading inside Cowrie Creek Estate right now --- genuinely useful for a buyer trying to judge whether this price is fair. Standard 800sqm plots across the estate are documented as trading anywhere from ₦500,000,000 to ₦1,200,000,000, with the estate's overall land price range cited as low as ₦650,000,000 and as high as ₦1,600,000,000 depending on position and title. Specific comparables: an 808.346sqm plot at ₦1,050,000,000; an 810sqm serviced plot at ₦950,000,000; an 800sqm C of O plot at ₦900,000,000; a 900sqm non-corner plot asking ₦970,000,000; and an 833sqm corner piece with an approved 5-bedroom building plan at ₦950,000,000 (recently reduced to ₦880,000,000). This listing --- 811sqm at ₦920,000,000, or roughly ₦1,134,000/sqm --- sits comfortably inside that range, close to the 810sqm and 800sqm comparables, and below the 808sqm and 900sqm asking prices. It's not the cheapest plot in the estate, and it's not the most expensive. It's priced where the middle of Cowrie Creek's own market actually sits --- verifiable against half a dozen live comparables, not an isolated number. The solution 811 square metres of residential land, a middle plot, Cowrie Creek Estate, Ikate, Lekki. Global Certificate of Occupancy. ₦920,000,000 total. Here is what this parcel delivers: Cowrie Creek Estate itself. A 43-hectare, NLNG Cooperative-developed, waterfront master-planned community along the Lekki Lagoon creek --- one of Lekki's most established and consistently high-demand estates, with a documented history of strong capital appreciation driven by its exclusivity and limited supply. Global Certificate of Occupancy. One of three title types recognized within the estate, and among the strongest --- ready for solicitor review, without the ambiguity that comes with a government allocation letter or an unregistered deed alone. 24-hour power via central ipp. Independent of the national grid, delivered as a core estate facility --- removing the single most common daily frustration in Lagos residential life before you've even broken ground. 811sqm --- a genuinely buildable footprint. Large enough for a proper single-family residence with compound space, consistent with the estate's standard plot sizing and the homes already built around it. A middle plot. Neither the premium corner-piece tier the 833sqm comparable commands, nor the smallest available footprint --- a straightforward, buildable position within the estate at a price that reflects that. Why this beats the alternatives on the table. The 808sqm and 900sqm comparables cost more for a marginally different position. The 833sqm corner piece costs slightly more (even at its reduced price) for corner positioning and an already-approved building plan --- a real advantage if you want that specific plan, but not necessary if you intend to design your own. This plot sits at the estate's genuine going rate, not its premium tier. The call to action 811sqm. Cowrie Creek Estate, Ikate, Lekki. ₦920,000,000. Global C of O. Middle plot. The buyer for this parcel has already decided Cowrie Creek Estate is the right community --- waterfront, NLNG-developed, independently powered --- and is now comparing this plot against the half-dozen others currently trading inside it. Call or WhatsApp Smilebay Realties: +234 901 517 4801. Title documentation available for immediate solicitor review. Site visit arrangeable this week. The estate's reputation is already built --- by NLNG, not by this listing. The power is already independent of the grid. The only decision left is which plot inside it carries your name. Land Type: Residential Land (Vacant, Buy-and-Build) Size: 811 sqm (middle plot) Price: ₦920,000,000 total (≈₦1,134,401/sqm) Title: Global Certificate of Occupancy Estate: Cowrie Creek Estate --- NLNG Cooperative-developed, 43 hectares, waterfront along Lekki Lagoon creek Power: 24-hour supply via central Independent Power Plant (IPP) Location: Cowrie Creek Estate, Spar Road, Ikate, Lekki, Lagos NPC/Market Comparable Context (Cowrie Creek Estate): 808.346sqm, government allocation --- ₦1,050,000,000 (≈₦1,299,505/sqm) 810sqm, fully serviced --- ₦950,000,000 (≈₦1,172,840/sqm) 800sqm, C of O --- ₦900,000,000 (₦1,125,000/sqm) 900sqm, Block E, non-corner --- ₦970,000,000 asking (≈₦1,077,778/sqm) 833sqm corner piece, C of O, approved building plan --- ₦880,000,000--950,000,000 (≈₦1,056,000--1,140,000/sqm) This listing: 811sqm, middle plot, Global C of O --- ₦920,000,000 (≈₦1,134,401/sqm) Posted: 13 August 2026 Listed by: Smilebay Realties Limited --- Ref: #362-071-9

Cowrie Creek Estate, Ikate, Lekki, Lagos
700 SQMS Residential Land — Lekki Foreshore Estate, Lekki Phase 1, Lekki, Lagos
Premium
1
₦850,000 per sq.m

Residential land for sale

700 SQMS Residential Land

Lekki Foreshore Estate, Lekki Phase 1. 700 SQM. ₦850,000 per SQM. ₦595,000,000 Total. Global C of O and Gazette-Registered Deed of Assignment. The Same Estate. The Same Verified Rate. A Plot Sized for the Home You Actually Want to Build. The problem There's a category of Lekki Phase 1 land buyer who has already done the homework --- checked the drainage claims, checked the title, and is now down to comparing plot sizes and prices within one specific estate they've decided is worth building in. Lekki Foreshore Estate has already established its own track record on this: drainage channelled directly to the lagoon, not to a soak-away that backs up during heavy rain, tested through multiple Lagos rainy seasons and confirmed dry. That part of the decision is done. What's left is choosing the right plot size at the right price within the estate. This listing is 700sqm, Global C of O and Gazette-registered Deed of Assignment, ₦850,000/sqm. The agitation Here's what makes this pricing easy to verify rather than take on faith. Other outright plots in Lekki Foreshore Estate --- 600sqm parcels --- have been listed at the identical rate: ₦850,000/sqm, working out to ₦510,000,000. a larger 1,709sqm corner plot in the same estate carries the same ₦850,000/sqm rate, at ₦1,450,000,000 total. A smaller, gate-adjacent 402sqm Parcel a plot commands a premium over the standard rate, at approximately ₦1,069,652/sqm, reflecting its specific proximity to the main gate. This listing --- 700sqm at ₦850,000/sqm, ₦595,000,000 total --- sits exactly at the estate's standard outright-plot rate, matching the 600sqm and 1,709sqm comparables precisely. That consistency is the point: this isn't an isolated asking price a buyer has to take on faith. It's the same verified rate the estate has held across multiple plot sizes, applied here to a 700sqm footprint --- genuinely larger than the smallest 402 and 600sqm options, without stepping into the corner-plot or gate-adjacent premium tiers. The solution 700 square metres of residential land, Lekki Foreshore Estate, Lekki Phase 1. Global Certificate of Occupancy. Gazette-registered Deed of Assignment. ₦850,000 per square metre. ₦595,000,000 total. Here is what this parcel delivers: Lekki Foreshore Estate's drainage architecture. The estate's drainage system channels directly to the Lagos lagoon --- not to a retention pond or soak-away that fills during sustained rainfall. This is engineered, not promised, and it's been tested through the rainy seasons that have exposed drainage failures in older, less carefully planned Lekki estates. 700sqm. A genuinely comfortable footprint for a private residence with a proper compound --- main house, BQ, real parking, and garden space --- without stepping up into the estate's largest and most expensive corner-plot tier. Global C of O plus Gazette-registered Deed of Assignment. The same dual-layered title structure already established across this estate's listings --- two documented, state-recognized instruments rather than one, giving a self-build buyer strong title assurance before committing construction capital. ₦850,000/sqm --- verified against multiple comparable plots in the same estate. Not a standalone asking price. This exact rate is independently confirmed by the 600sqm and 1,709sqm plots already listed in this estate. High rate of value appreciation. Newly developed estates with functioning, tested infrastructure --- as this one has demonstrated through multiple rainy seasons --- are the ones that tend to reprice upward as remaining plots sell down and the estate's track record accumulates. Why this beats the alternatives. The 402sqm Parcel a option is cheaper in total but smaller and carries a gate-proximity premium above the standard rate. This 700sqm plot gives more room to build at the estate's baseline ₦850,000/sqm rate, before a buyer needs to consider the larger, pricier 1,709sqm corner tier. The call to action 700sqm. Lekki Foreshore Estate, Lekki Phase 1. ₦850,000/sqm. ₦595,000,000 total. Global C of O plus Gazette-registered Deed of Assignment. The buyer for this plot has already accepted the case for Lekki Foreshore Estate's drainage and title credentials --- what's left is locking in a mid-size plot at the estate's verified standard rate before the remaining inventory sells down. Call or WhatsApp Smilebay Realties: +234 901 517 4801. Title documentation available for immediate solicitor review. Site visit arrangeable this week. The rate is already confirmed across multiple plots in this estate. The drainage has already been tested through more than one rainy season. The only thing left to decide is how much of it you want to build on. Land Type: Residential Land (Vacant) Size: 700 sqm Price: ₦850,000/sqm --- ₦595,000,000 total Title: Global Certificate of Occupancy + Gazette-Registered Deed of Assignment Drainage: Channelled directly to the Lagos lagoon; tested through multiple rainy seasons Location: Lekki Foreshore Estate, Lekki Phase 1, Lekki, Lagos Internal Comparable Context (Lekki Foreshore Estate): 600sqm outright plot --- ₦850,000/sqm (₦510,000,000) 1,709sqm corner plot --- ₦850,000/sqm (₦1,450,000,000) 402sqm, Parcel a, gate-adjacent --- ≈₦1,069,652/sqm (₦430,000,000) This listing: 700sqm --- ₦850,000/sqm (₦595,000,000) Posted: 13 August 2026 Listed by: Smilebay Realties Limited --- Ref: #362-067-7

Lekki Foreshore Estate, Lekki Phase 1, Lekki, Lagos
Bare Land — Omorinre Johnson, Lekki Phase 1, Lekki, Lagos
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₦800,000,000 per plot

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Bare Land

Land for sale -- lekki phase 1 Location: Omorinre Johnson, Lekki Phase 1 Size: 727.371 SQM Title: Letter of Allocation Price: ₦800,000,000

Omorinre Johnson, Lekki Phase 1, Lekki, Lagos
16,560 Prime Mixed Use Land — Ahmadu Bello Way, Victoria Island (VI), Lagos
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₦3,000,000 per sq.m

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16,560 Prime Mixed Use Land

Ahmadu Bello Way, Opposite Eko Atlantic City's Gate. Victoria Island. 16,560 SQM. ₦3,000,000 per SQM. ₦49,680,000,000 Total. Vacant Land. Institutional Scale. This Is Not a Plot. This Is a Master-Planned District's Worth of Frontage. The problem There is a category of Lagos land transaction that exists on a different scale entirely from almost everything else on the market --- parcels large enough to anchor a genuinely institutional development: a mixed-use district, a landmark tower complex, a master-planned scheme with its own internal roads and phasing. That scale of land does not appear often on Ahmadu Bello Way, or anywhere else on Victoria Island. Most listings on this corridor --- even the "large" ones --- top out at 2,000 to 5,000sqm, enough for a single building, not a district. A parcel at 16,560sqm, on a primary VI road, opposite the entrance to Eko Atlantic City itself, is the kind of holding that gets absorbed by a sovereign fund, a major reit, or a developer with a master-plan mandate --- not assembled piecemeal from smaller plots. This listing is that parcel. 16,560sqm, vacant, Ahmadu Bello Way, opposite Eko Atlantic's gate, ₦3,000,000/sqm. The agitation Here's what makes the pricing on this specific corridor unusually easy to verify. A smaller 5,000sqm parcel, also vacant, also on Ahmadu Bello Way, opposite the same Eko Atlantic gate, is separately listed at the identical rate --- ₦3,000,000/sqm. A 2,800sqm parcel further along the same road, with an existing office structure and Federal C of O, trades at roughly ₦3,214,000/sqm --- a premium explained entirely by the improved structure, not the land value. A 2,500sqm fenced bareland comparable elsewhere on VI sits lower, at ₦2,500,000/sqm, reflecting its distance from this specific corridor. Adjacent Adeola Odeku commercial land trades at ₦3,200,000/sqm. What this tells a serious buyer is that ₦3,000,000/sqm is not a negotiable asking price invented for this listing --- it's the consistent, verified going rate for vacant Ahmadu Bello Way land opposite Eko Atlantic, repeated across at least two independently listed parcels of different sizes. At 16,560sqm, this listing simply applies that same rate at more than three times the scale of the next-largest comparable on the same road --- the difference being that a buyer here isn't hunting for a second or third contiguous parcel to reach development scale. It's already assembled. The solution 16,560 square metres of vacant land, Ahmadu Bello Way, opposite Eko Atlantic City's gate, Victoria Island. ₦3,000,000 per square metre. ₦49,680,000,000 total. Here is what this parcel delivers: Institutional scale, pre-assembled. At over three times the size of the next comparable vacant parcel on the same road, this land removes the single hardest problem in large-scale Lagos development --- assembling multiple adjacent titles from different sellers into one contiguous, buildable holding. It's already one parcel. Ahmadu Bello Way, opposite Eko Atlantic's gate. The exact corridor identified across this entire series as the handoff point between VI's established commercial core and Eko Atlantic's appreciating coastal district --- benefiting from both the established road's existing infrastructure and the adjacent district's forward momentum. Verified, consistent pricing. ₦3,000,000/sqm matches the independently listed 5,000sqm parcel on the same exact road and gate frontage --- this isn't a one-off asking price, it's the corridor's going rate, applied at scale. Vacant land --- a clean development canvas. No existing structure to demolish, no tenant to wait out, no partial-use complication. A master-plan development can be phased from the ground up exactly as designed. Why this beats the alternatives on the table. Assembling 16,560sqm from smaller Ahmadu Bello Way parcels would mean negotiating with multiple sellers, at prices that could easily exceed ₦3,000,000/sqm once each individual owner recognizes what a buyer is trying to build. This parcel delivers the same scale, at the same verified per-sqm rate as the smaller comparable, from a single seller, in a single transaction. The call to action 16,560sqm. Ahmadu Bello Way, opposite Eko Atlantic's gate. ₦3,000,000/sqm. ₦49,680,000,000 total. Vacant. The buyer for this parcel is a sovereign fund, reit, or major developer with a master-plan mandate --- not a buyer assembling scale one plot at a time. Call or WhatsApp Smilebay Realties: +234 901 517 4801. Title documentation available for immediate solicitor review. Serious institutional inquiries only. The rate is already verified against a comparable parcel on the same road. The scale is already assembled, not scattered across multiple sellers. The only variable left is which fund or developer puts their master plan on it first. Land Type: Mixed-use Land (Vacant) Size: 16,560 sqm Price: ₦3,000,000/sqm --- ₦49,680,000,000 total Location: Ahmadu Bello Way, opposite Eko Atlantic City gate, Victoria Island (VI), Lagos NPC Comparable Context: 5,000sqm, Ahmadu Bello Way, opposite Eko Atlantic gate, vacant --- ₦3,000,000/sqm (identical rate, smaller scale) 2,800sqm, Ahmadu Bello Way, Federal C of O, existing structure --- ≈₦3,214,000/sqm This listing: 16,560sqm, Ahmadu Bello Way --- ₦3,000,000/sqm, ₦49,680,000,000 total Posted: 1 August 2026 Listed by: Smilebay Realties Limited --- Ref: #360-098-3

Ahmadu Bello Way, Victoria Island (VI), Lagos
Prime Mixed Use Land — Samuel Manuwa Street, Victoria Island (VI), Lagos
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₦3,000,000,000 per plot

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Prime Mixed Use Land

Samuel Manuwa Street, Victoria Island. 1,470 SQM. ₦3,000,000,000. Certificate of Occupancy. Demolishable Structure Already On Site. This Street Already Has the Comparable Sale. This Is the Better-Priced Twin. The problem There is a category of Victoria Island land that trades quietly and repeatedly on the same street, at nearly identical sizes, without most buyers ever comparing the two side by side. Samuel Manuwa Street is exactly that kind of corridor --- established, residential-and-mixed-use, off Ozumba Mbadiwe, and currently home to more than one 1,470sqm parcel changing hands within months of each other. A serious buyer evaluating land here isn't forming a first impression. They're choosing between two or three nearly identical options, and the difference between them usually comes down to one thing: is the land actually available to build on now, or is someone else's tenancy standing in the way. This listing is 1,470sqm, Samuel Manuwa Street, a demolishable structure already on site, C of O, ₦3,000,000,000. the agitation Here is exactly what else is trading on this same street right now. A separate 1,470sqm parcel on Samuel Manuwa Street, also carrying a demolishable structure --- a 3-bedroom duplex, a 3-bedroom flat, a 2-bedroom flat, a 1-bedroom flat, and boys' quarters --- is listed at ₦2,900,000,000. But that parcel is tenanted until August 2026, meaning a buyer isn't getting immediate access to clear and rebuild; they're inheriting a tenancy first. A separate 1,470sqm built-out parcel at Plot 883 on the same street, with an existing wing of duplex and flats, is priced at ₦2,700,000/sqm --- roughly ₦3,969,000,000 --- reflecting the value of a more developed existing structure. On the nearby Bishop Oluwole corridor, a 2,049sqm C of O parcel is trading at approximately ₦2,196,000/sqm. This listing --- 1,470sqm at ₦3,000,000,000, or roughly ₦2,041,000/sqm --- is priced above the tenanted comparable's per-sqm rate, reflecting a demolishable structure without the tenancy encumbrance holding up construction until 2026. It's priced below both the built-out Plot 883 comparable and the Bishop Oluwole benchmark. For a buyer trying to move on a development timeline sooner rather than later, that combination --- no tenant to wait out, priced below the corridor's upper tier --- is the actual advantage here, not just the headline total. The solution 1,470 square metres of land, Samuel Manuwa Street, Victoria Island. Certificate of Occupancy. A demolishable structure currently on site. ₦3,000,000,000 total. Here is what this parcel delivers: Samuel Manuwa Street, off Ozumba Mbadiwe. An established VI residential-and-mixed-use corridor with multiple recent comparable trades, giving a buyer real, current pricing reference points rather than a single seller's asking price to take on faith. Demolishable structure, no tenancy attached. Unlike the nearest comparable on the same street --- tenanted until August 2026 --- this parcel isn't holding a buyer's construction timeline hostage to someone else's lease. Clear the structure, and build. Certificate of Occupancy. A recognized title instrument, ready for solicitor review. 1,470sqm. A footprint consistent with what's already trading and being redeveloped on this exact street --- proven scale for a residential or mixed-use project. ₦3,000,000,000 --- priced against real, current comparables on the same street. Above the tenanted parcel's per-sqm rate (which reflects its tenancy discount), below the built-out Plot 883 comparable, and below the nearby Bishop Oluwole benchmark. Why this beats the alternatives on the table. The tenanted twin listing on the same street costs slightly less in total, but a buyer there is purchasing a 2026 start date, not a 2026 asset. The built-out Plot 883 comparable costs meaningfully more for existing structures a redevelopment buyer intends to demolish anyway. This is the parcel priced for someone who wants to start now, not later. The call to action 1,470sqm. Samuel Manuwa Street, Victoria Island. ₦3,000,000,000. C of O. Demolishable structure on site. The buyer for this parcel is a developer or investor already comparing it against the tenanted twin listing two doors down --- and choosing the one they can actually start building on immediately. Call or WhatsApp Smilebay Realties: +234 901 517 4801. Title documentation available for immediate solicitor review. Serious inquiries only. The comparable sale on this street is already tenanted until next year. This one isn't waiting on anyone's lease to expire. The only thing left undecided is whose name goes on the C of O. Land Type: Mixed-use Land (with demolishable existing structure) Size: 1,470 sqm Price: ₦3,000,000,000 total (≈₦2,041,000/sqm) Title: Certificate of Occupancy Location: Samuel Manuwa Street, Victoria Island (VI), Lagos NPC Comparable Context: 1,470sqm, Samuel Manuwa St, demolishable structure, tenanted until Aug 2026 --- ₦2,900,000,000 (≈₦1,973,000/sqm) 1,470sqm, Plot 883 Samuel Manuwa St, built-out wing of duplex + flats --- ₦2,700,000/sqm (≈₦3,969,000,000) 2,049sqm, Bishop Oluwole St (nearby corridor), C of O --- ₦4,500,000,000 (≈₦2,196,000/sqm) This listing: 1,470sqm, Samuel Manuwa St --- ₦3,000,000,000 (≈₦2,041,000/sqm) Posted: 1 August 2026 Listed by: Smilebay Realties Limited --- Ref: #360-060-3

Samuel Manuwa Street, Victoria Island (VI), Lagos
Prime Mixed Use Land — Ajose Adeogun, Victoria Island (VI), Lagos
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₦3,400,000,000 per plot

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Prime Mixed Use Land

There is a category of Victoria Island land that almost never makes it to a clean listing --- a parcel on a genuinely prime street, with a title clean enough to act on immediately, and an existing structure already positioned for demolition rather than requiring the buyer to negotiate a tenant or occupant off the land first. Ajose Adeogun Street is not a developing corridor. It's an established one --- the same street as Zenith Bank's headquarters, inside VI's core commercial and residential belt. Land here doesn't sit unsold for long, and when it does trade, the pricing tells a very specific story about title strength, structure status, and exact position on the street. This listing is 1,150sqm, off Ajose Adeogun, behind Zenith Bank HQ. C of O with over 60 years remaining. A demolishable structure already on the land --- meaning a buyer isn't negotiating a tenant out or waiting on a vacant possession date. It's ready to clear and build. The agitation Here is what's actually trading on this exact street right now. A near-identical parcel --- 1,150sqm, also off Ajose Adeogun, also behind Zenith Bank HQ, also with an old detached structure on it and a C of O --- is listed at ₦3,500,000,000, or roughly ₦3,043,000/sqm. A 1,125sqm parcel on the same corridor, C of O, positioned for office, hotel, or restaurant conversion, is priced at ₦3,100,000,000 net --- approximately ₦2,756,000/sqm. Bare land without any structure on the same street --- 1,018sqm, C of O --- trades lower, around ₦1,850,000,000, or ₦1,817,000/sqm, reflecting the absence of an existing structure to demolish and clear. This listing --- 1,150sqm, ₦3,400,000,000, working out to approximately ₦2,957,000/sqm --- sits just below the near-identical comparable on the same street, and above the bare-land and conversion-tier comparables. That positioning makes sense: this parcel carries the same structure-and-title profile as its closest twin listing, at a marginally more competitive price per sqm. The takeaway for a serious buyer: there are effectively two nearly identical parcels on this exact stretch of Ajose Adeogun right now, priced within 3% of each other on a per-sqm basis. Whichever closes first sets where the next one trades. The solution 1,150 square metres of land, off Ajose Adeogun Street, behind Zenith Bank HQ, Victoria Island. Certificate of Occupancy, over 60 years remaining. A demolishable structure currently on site. ₦3,400,000,000 total. Here is what this parcel delivers: Off Ajose Adeogun, behind Zenith Bank HQ. A specific, verifiable address inside one of VI's most established corridors --- not a generic "VI" listing without a named street. Being on the same stretch as a major bank headquarters signals the commercial credibility of this exact block. Certificate of Occupancy, over 60 years remaining. A long-dated, recognized title instrument, ready for solicitor review without the complication of a soon-to-expire lease term or an ambiguous title horizon. Demolishable structure already on site. This is a meaningful practical advantage over pure bare land --- there's no need to negotiate a sitting tenant or wait on a vacant possession date. The path from purchase to ground-breaking is shorter. 1,150sqm. A footprint sized for a serious residential or mixed-use redevelopment on a corner or mid-block position within VI's core, consistent with what's already trading on the same street. ₦3,400,000,000 --- priced against real, current comparables on the same block. Below the ₦3,500,000,000 near-identical twin listing on the same street, and above the bare-land and conversion-tier comparables --- the correct position for a parcel with both structure and long-dated title. Why this beats the alternative on the table. The near-identical 1,150sqm parcel listed at ₦3,500,000,000 on the same street offers no meaningful advantage over this one --- same size, same structure status, same corridor --- at a higher price. Bare land on the same street costs less, but requires the buyer to absorb clearance costs this listing already accounts for through its priced-in demolishable structure. The call to action 1,150sqm. Off Ajose Adeogun Street, behind Zenith Bank HQ, Victoria Island. ₦3,400,000,000. C of O, over 60 years. Demolishable structure on site. The buyer for this parcel is a developer or investor already comparing it, sqm for sqm, against the near-identical listing two doors down --- and this is the better-priced of the two. Call or WhatsApp Smilebay Realties: +234 901 517 4801. Title documentation available for immediate solicitor review. Serious inquiries only. The street already has Zenith Bank's name on it. The structure is already demolishable, not occupied. The only thing left undecided is whose name goes on the C of O next. Land Type: Mixed-use Land (with demolishable existing structure) Size: 1,150 sqm Price: ₦3,400,000,000 total (≈₦2,957,000/sqm) Title: Certificate of Occupancy --- over 60 years remaining Location: Off Ajose Adeogun Street, behind Zenith Bank HQ, Victoria Island (VI), Lagos NPC Comparable Context: 1,150sqm, off Ajose Adeogun, demolishable structure, C of O --- ₦3,500,000,000 (≈₦3,043,000/sqm) 1,125sqm, Ajose Adeogun corridor, C of O, office/hotel-convertible --- ₦3,100,000,000 net (≈₦2,756,000/sqm) 1,018sqm bare land, Ajose Adeogun, C of O --- ₦1,850,000,000 (≈₦1,817,000/sqm) This listing: 1,150sqm, off Ajose Adeogun --- ₦3,400,000,000 total (≈₦2,957,000/sqm)

Ajose Adeogun, Victoria Island (VI), Lagos
2500 SQMS Residential Land — Eko Atlantic City, Lagos
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$1,800 per sq.m

Residential land for sale

2500 SQMS Residential Land

Eko Atlantic City, Victoria Island. Downtown District. 2,500 SQM. $1,800 per SQM. $4,500,000 Total. Protected By an 8.5km Sea Wall Engineered for 1,000-Year Storm Surges. This Is Land Lagos's Flooding Problem Was Built to Never Touch. The problem There is a category of Lagos land buyer who has already accepted a hard truth most of the city hasn't: that flooding and drainage failure on the mainland and even parts of the Island are not occasional inconveniences. They're structural, recurring, and getting worse as sea levels and rainfall intensity both climb. That buyer isn't looking for another plot in a flood-exposed axis with a nice address attached. They're looking for the one part of Lagos that was engineered, from the ground up, specifically to solve that problem --- not manage around it. Eko Atlantic exists because of Lagos's flooding, not despite it. The project's origin traces back to a 2005 government proposal aimed squarely at permanently solving the erosion and flooding crisis at Bar Beach. What got built in response is an 8.5km sea defence --- the "Great Wall of Lagos" --- plus centralized drainage and water treatment systems designed into the city rather than retrofitted onto it. This listing is 2,500sqm in the Downtown District, inside that wall, at $1,800/sqm. The agitation Here's the pricing reality across Eko Atlantic right now, and where this parcel actually sits inside it. Land here is priced in three bands depending on zone: inner-city plots start from roughly $1,250/sqm, major road and boulevard-front plots run from about $2,000/sqm, and oceanfront parcels start north of $3,000/sqm --- with Financial District and Marina land reportedly pushing past $3,000/sqm as those zones near completion. This listing, at $1,800/sqm in Downtown District, sits between the inner-city floor and the boulevard tier --- priced as core Eko Atlantic land, not premium waterfront, and not entry-level either. For comparison, elsewhere on Victoria Island right now: an 8,000sqm waterfront parcel is listed at $12.5M, working out to roughly $1,562/sqm --- cheaper per sqm, but outside the sea wall and exposed to VI's ordinary drainage infrastructure rather than Eko Atlantic's purpose-built system. A 3,500sqm VI parcel is listed at ₦12,250,000,000, which at current exchange rates works out to roughly $2,500--2,600/sqm --- meaningfully more expensive than this Downtown District plot, for land that doesn't carry the same engineered flood protection. The pattern across the wider district is upward. A neighbouring oceanfront zone adjacent to Eko Atlantic has recorded independently verified land appreciation of between 660% and 751% between 2021 and 2026 --- driven specifically by investor demand for flood-protected coastal land as Lagos's broader drainage problems intensify. Eko Atlantic is the original version of that trade. Every month this specific Downtown District entry point remains at $1,800/sqm is a month closer to it repricing toward the boulevard and oceanfront tiers already in motion around it. The solution 2,500 square metres of vacant residential land, Downtown District, Eko Atlantic City, Victoria Island. $1,800 per square metre. $4,500,000 total. Here is what this specific asset delivers: Downtown District location. One of Eko Atlantic's core planned zones, inside the same master-planned infrastructure grid as the Financial District and Marina, without carrying the premium those two zones now command as they approach completion. You're buying into the city's structure at a mid-tier entry point, not its most expensive one. Engineered flood protection, not assumed safety. The Great Wall of Lagos is a documented, 8.5km sea defence structure designed to withstand storm surge conditions rated for a 1,000-year event. Centralized drainage and water treatment systems were built into Eko Atlantic's master plan specifically to eliminate the standing water and open-gutter flooding that affects large parts of Lagos, including some of its most expensive addresses. This is not a claim unique to this listing --- it's the documented premise the entire city was built on. Independent infrastructure. Eko Atlantic operates its own dedicated power generation, meaning residents and developers inside it aren't dependent on the same grid strained across the rest of Lagos. Water treatment is centralized rather than left to individual boreholes. 2,500sqm --- a genuine development footprint. Large enough to support a private residence at the scale this address demands, or a mid-rise development within Eko Atlantic's zoning parameters, without the footprint constraints smaller plots in the district carry. $1,800/sqm --- positioned below the district's premium tiers. At $4.5M total, this parcel is priced below comparable VI land outside the sea wall, and meaningfully below Eko Atlantic's own oceanfront and near-complete Financial District pricing --- the version of this trade available before the district's remaining undeveloped land closes out. Why this beats the alternatives on the table. A cheaper plot outside Eko Atlantic saves money upfront but inherits Lagos's broader drainage exposure --- the exact risk this district's sea wall and internal systems were engineered to remove. A pricier oceanfront or Financial District plot inside Eko Atlantic offers a more prestigious sub-address, but at a per-sqm cost this Downtown District parcel doesn't carry. The call to action 2,500sqm. Downtown District, Eko Atlantic City, Victoria Island. $1,800/sqm. $4,500,000 total. The buyer for this parcel is someone who has already ruled out building or buying in a flood-exposed part of Lagos, and is deciding between Eko Atlantic's remaining Downtown District entry points and its pricier, near-complete oceanfront and Financial District land. Call or WhatsApp Smilebay Realties: +234 901 517 4801. Serious inquiries only. Title and zoning documentation available on request. The wall is already 8.5 kilometres of concrete standing between this land and the water. The drainage is already built underground, not promised for later. The only thing not yet decided is whose name goes on this parcel. Land Type: Residential Land (Vacant) Size: 2,500 sqm Price: $1,800/sqm --- $4,500,000 total (≈₦2,457,907/sqm at posted conversion rate) Location: Downtown District, Eko Atlantic City, Victoria Island (VI), Lagos Flood Protection Context: Eko Atlantic is protected by the Great Wall of Lagos, an 8.5km engineered sea defence rated for 1,000-year storm surge events, with centralized drainage and water treatment built into the city's infrastructure. NPC Comparable Context: 8,000sqm waterfront land, VI (outside Eko Atlantic) --- $12,500,000 (≈$1,562/sqm) 3,500sqm land, VI --- ₦12,250,000,000 (≈$2,500--2,600/sqm) Eko Atlantic district-wide range: inner-city from $1,250/sqm; major roads/boulevards from $2,000/sqm; oceanfront from $3,000/sqm This listing: 2,500sqm, Downtown District, Eko Atlantic --- $1,800/sqm, $4,500,000 total Posted: 26 July 2026 Listed by: Smilebay Realties Limited --- Ref: #359-048-4

Eko Atlantic City, Lagos
2000 SQMS Mixed Use Land — Bishop Oluwole, Victoria Island (VI), Lagos
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₦2,200,000 per sq.m

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2000 SQMS Mixed Use Land

Bishop Oluwole Street. Victoria Island. 2,000 SQM. ₦2,200,000 per SQM. ₦4,400,000,000 Total. Lagos State Certificate of Occupancy. Directly Opposite Eko Atlantic's Gate. This Is the Street the Whole District Is Building Toward. The problem There is a category of Victoria Island land transaction that most brokers advertise loosely and few actually deliver cleanly --- a genuine bareland parcel, on a named A-grade VI street, with a straightforward C of O, priced inside the street's real trading range rather than padded for a buyer who hasn't done their homework. Bishop Oluwole Street is one of the most actively traded land corridors on the island --- sitting directly opposite Eko Atlantic City's entrance, on the same axis as Ahmadu Bello Way and within reach of the Adeola Odeku commercial belt. Because of that position, it's also one of the most inconsistently priced streets in VI, with asking prices from different sellers ranging from ₦1.5M/sqm distress listings to ₦2.5M/sqm Governor's Consent parcels --- a spread wide enough that a buyer who doesn't check the actual comparable trades can easily overpay or misjudge a genuine deal as inflated. This listing removes that guesswork. 2,000sqm, Bishop Oluwole Street, Lagos State C of O, ₦2,200,000/sqm. The agitation Here is what the real, currently active comparable market on this exact street shows. Multiple bareland parcels of similar size on Bishop Oluwole Street are trading at ₦2,000,000/sqm with a standard C of O. A premium commercial parcel on the same street, also 2,000sqm, is listed at ₦2,400,000/sqm --- ₦4.8 billion total --- marketed specifically on its proximity to the financial district, embassies, and Eko Atlantic. A separate 2,000sqm parcel on the same street, with Governor's Consent already secured, is asking ₦2,500,000/sqm. Nearby, commercial land along Adeola Odeku --- a short distance from this street --- has traded at ₦3,200,000/sqm. This listing --- 2,000sqm, Bishop Oluwole Street, ₦2,200,000/sqm --- sits precisely between the standard ₦2,000,000/sqm bareland trades and the ₦2,400,000/sqm premium commercial comparable on the same street. It's priced above the basic entry point, reflecting real demand on this corridor, and below the premium tier and the Adeola Odeku benchmark --- without requiring the buyer to negotiate a Governor's Consent upgrade themselves, since the title here is already Lagos State C of O. Every week this parcel sits unsold at this price is a week closer to it trading toward the ₦2,400,000--2,500,000/sqm tier already active on the same street. The solution 2,000 square metres of vacant land, Bishop Oluwole Street, Victoria Island. Lagos State Certificate of Occupancy. ₦2,200,000 per square metre. ₦4,400,000,000 total. Here is what this parcel delivers: Bishop Oluwole Street position. Directly opposite Eko Atlantic City's entrance gate, on the same corridor as Ahmadu Bello Way, minutes from the Adeola Odeku commercial cluster. This is not a street building its reputation --- it's one already carrying it, evidenced by the range of active premium and standard trades happening on it simultaneously. Lagos State Certificate of Occupancy. A straightforward, recognized title instrument, ready for solicitor review, without the added step of a family-grant C of O requiring further verification or a Governor's Consent application still pending. 2,000sqm mixed-use footprint. Sized appropriately for a high-rise commercial or mixed residential-commercial development, consistent with what's already being built and traded on this exact street. ₦2,200,000/sqm --- positioned inside the real trading range, not above it. Priced above the basic bareland comparables on the same street, reflecting genuine demand, and below both the premium commercial parcel and the Adeola Odeku benchmark nearby. Why this beats the alternatives on the table. The ₦2,000,000/sqm comparables on this street are priced lower, but several are distress sales or lack the same immediate C of O clarity. The ₦2,400,000--2,500,000/sqm comparables cost more for a marginally stronger title position or marketing angle this parcel already effectively matches through its C of O and location. This is the mid-market, clean-title entry point on a street where both the floor and ceiling of pricing are already well established. The call to action 2,000sqm. Bishop Oluwole Street, Victoria Island. ₦2,200,000/sqm. ₦4,400,000,000 total. Lagos State C of O. The buyer for this parcel is a developer or investor who has already priced the Bishop Oluwole corridor against its real comparables --- not someone forming a first impression of VI land. Call or WhatsApp Smilebay Realties: +234 901 517 4801. Title documentation available for immediate solicitor review. Site visit arrangeable this week. The street is already active. The comparables are already trading. The only open question is which parcel on it carries your name. Land Type: Mixed-use Land (Vacant) Size: 2,000 sqm Price: ₦2,200,000/sqm --- ₦4,400,000,000 total Title: Lagos State Certificate of Occupancy Location: Bishop Oluwole Street, Victoria Island (VI), Lagos --- directly opposite Eko Atlantic City's entrance gate NPC Comparable Context (Bishop Oluwole Street & adjacent VI corridor): 2,000sqm bareland, Bishop Oluwole St --- ₦2,000,000/sqm (multiple active listings) 2,000sqm commercial, Bishop Oluwole St, premium C of O --- ₦2,400,000/sqm (₦4.8B total) 2,000sqm, Bishop Oluwole St, Governor's Consent --- ₦2,500,000/sqm 4,349sqm commercial, Adeola Odeku (adjacent corridor) --- ₦3,200,000/sqm This listing: 2,000sqm, Bishop Oluwole St --- ₦2,200,000/sqm, ₦4,400,000,000 total Posted: 26 July 2026 Listed by: Smilebay Realties Limited --- Ref: #359-048-3

Bishop Oluwole, Victoria Island (VI), Lagos
5000 SQMS Mixed Use Land — Ahmadu Bello Way, Victoria Island (VI), Lagos
Premium
1
₦3,000,000 per sq.m

Mixed-use land for sale

5000 SQMS Mixed Use Land

Ahmadu Bello Way. Victoria Island. Opposite Eko Atlantic's Gate. 5,000 SQM. ₦3,000,000 per SQM. ₦15,000,000,000 Total. Certificate of Occupancy. Larger Sizes Available. This Is the Corridor Where VI's Old Money Meets Eko Atlantic's New Money. The problem There is a category of Victoria Island land that rarely comes to market at genuine scale --- not 900sqm, not 2,000sqm, but a 5,000sqm parcel large enough to anchor a serious commercial or mixed-use development, sitting directly on Ahmadu Bello Way, opposite the entrance to Eko Atlantic City itself. Most VI land offered at this size is either landlocked away from a primary road, split across non-contiguous titles, or priced without regard to what's actually trading on the same corridor. Ahmadu Bello Way is one of VI's original arterial roads --- predating Eko Atlantic, running alongside it, and now positioned as the direct handoff point between the island's established commercial core and the new coastal city rising beside it. This listing is 5,000sqm on that road, C of O, ₦3,000,000/sqm --- with larger contiguous sizes available for a buyer whose development plan needs more. The agitation Here's what the comparable market on and around Ahmadu Bello Way actually shows. A 2,800sqm parcel on Ahmadu Bello Way, carrying a Federal C of O and an existing office structure, is listed at ₦9,000,000,000 --- working out to roughly ₦3,214,000/sqm. A fenced 2,500sqm bareland parcel elsewhere on VI is listed at ₦6,250,000,000, or ₦2,500,000/sqm. Commercial land on the adjacent Adeola Odeku corridor has traded at ₦3,200,000/sqm. This listing --- 5,000sqm, Ahmadu Bello Way, opposite Eko Atlantic's gate, ₦3,000,000/sqm --- sits just below the improved Ahmadu Bello Way comparable (which carries the premium of an existing structure and Federal-grade title) and above the fenced bareland comparable elsewhere on the island. That's the correct position for bare land, at scale, on one of VI's most direct routes into Eko Atlantic. What the pricing doesn't fully capture yet is the corridor effect. Ahmadu Bello Way's value proposition has shifted since Eko Atlantic broke ground --- it is no longer simply an old VI arterial road, it is the entry corridor to a city that's pricing its own internal land at $1,250 to over $3,000 per sqm and appreciating fast. Every month this parcel remains unsold, it does so on a road whose relevance to the adjacent, appreciating district only grows. The solution 5,000 square metres of vacant land, Ahmadu Bello Way, opposite Eko Atlantic City's gate, Victoria Island. Certificate of Occupancy. ₦3,000,000 per square metre. ₦15,000,000,000 total. Larger contiguous sizes available. Here is what this parcel delivers: Ahmadu Bello Way position, opposite Eko Atlantic's gate. A primary VI arterial road that now also functions as the direct approach to Lagos's most actively appreciating coastal district. This address benefits from both VI's established commercial density and Eko Atlantic's forward momentum, without being priced at Eko Atlantic's internal oceanfront rates. 5,000sqm --- genuine development scale. Large enough to anchor a commercial tower, a mixed-use development, or an institutional-grade project, without the footprint constraints of the smaller 900--2,000sqm parcels that dominate most VI land listings. Larger sizes available. For a developer or family office whose plan requires more than 5,000sqm, this listing extends --- a rare scaling option on a corridor where most available parcels are fixed and non-negotiable in size. Certificate of Occupancy. A recognized title instrument ready for solicitor review, positioning this parcel for straightforward due diligence rather than a title chain requiring reconstruction. ₦3,000,000/sqm --- priced against the corridor's real comparables. Below the improved Ahmadu Bello Way parcel with its existing structure and Federal C of O premium, above the fenced bareland comparable elsewhere on the island, and in line with the adjacent Adeola Odeku commercial benchmark. Why this beats the alternatives on the table. Smaller VI parcels elsewhere cost less in total but cap what can be built. Land inside Eko Atlantic itself, at the Financial District or Marina rates now exceeding $3,000/sqm, costs meaningfully more per sqm for a comparable development outcome. This parcel sits at the handoff point between the two --- VI-grade C of O, Eko Atlantic-adjacent momentum, at a scale few sellers on this corridor can currently match. The call to action 5,000sqm. Ahmadu Bello Way, opposite Eko Atlantic's gate. ₦3,000,000/sqm. ₦15,000,000,000 total. C of O. Larger sizes available. The buyer for this parcel is a developer or institution planning at genuine scale on one of VI's primary corridors --- not evaluating VI land for the first time. Call or WhatsApp Smilebay Realties: +234 901 517 4801. Title documentation available for immediate solicitor review. Ask about larger contiguous sizes. The road already runs straight to Eko Atlantic's gate. The scale is already available if your plan needs more. The only variable left is whose name goes on the C of O. Land Type: Mixed-use/Residential Land (Vacant) Size: 5,000 sqm (larger contiguous sizes available) Price: ₦3,000,000/sqm --- ₦15,000,000,000 total Title: Certificate of Occupancy Location: Ahmadu Bello Way, opposite Eko Atlantic City gate, Victoria Island (VI), Lagos NPC Comparable Context: 2,800sqm, Ahmadu Bello Way, Federal C of O, existing office structure --- ₦9,000,000,000 (≈₦3,214,000/sqm) 2,500sqm fenced bareland, VI --- ₦6,250,000,000 (₦2,500,000/sqm) Commercial land, Adeola Odeku (adjacent corridor) --- ₦3,200,000/sqm This listing: 5,000sqm, Ahmadu Bello Way --- ₦3,000,000/sqm, ₦15,000,000,000 total Posted: 26 July 2026 Listed by: Smilebay Realties Limited --- Ref: #359-047-9

Ahmadu Bello Way, Victoria Island (VI), Lagos
Newly Built 5-Bedroom Semi-Detached Duplex Cowrie Creek Estate — Cowrie Creek Estate, Ikate, Lekki, Lagos
Premium
23
₦950,000,000

Semi-detached duplex for sale

Newly Built 5-Bedroom Semi-Detached Duplex Cowrie Creek Estate

You Don't Need to Own the Whole Island. You Just Need the Right Address on It. The problem There is a version of Lagos success that looks like full detachment. The fully enclosed compound. The standalone building with your fence on all four sides. No shared walls, no shared driveway, no awareness of who is next to you. That version costs significantly more. And in Ikate, it either does not exist at the level of finish and infrastructure that actually matches your expectations --- or it exists at a price that requires a structuring conversation you are not ready to have yet. So you wait. Or you compromise. You buy something smaller, in a less established location, that is fully detached but in a building that does not justify the trade. Meanwhile, the Cowrie Creek Estate inventory continues to move. The colleagues who are in there now --- the ones who made the decision two or three years ago --- are sitting on assets that have compounded through every macro headwind Lagos has thrown at the market. You are still outside the gate. Not because you cannot afford to enter. But because you have been holding out for a structure that either costs you more than this or doesn't exist at this spec level. That is a losing calculation. And this listing ends it. The agitation Let's talk about what the wait is actually costing. Not in abstract terms. In specific ones. Every year you do not own in Cowrie Creek, Ikate, you are paying rent somewhere else. That rent --- at a level that matches where you are professionally --- is somewhere between ₦15 million and ₦30 million per year. You are paying it for zero equity. Zero title. Zero asset on your personal balance sheet. You are also watching. Watching the Ikate corridor absorb demand that is not going away. Watching a gated estate with documented infrastructure, good road network, functioning drainage, and 24/7 security become progressively harder to enter at any reasonable price. Watching the people who bought when you were deliberating report figures on their assets that make your investment portfolio blush. And there is a more personal cost. The home your family lives in today --- the one that is decent, functional, mostly fine --- is producing a version of your domestic life that has a ceiling. Your children's weekends are constrained by what the compound allows. Your evenings have no rooftop. Your Saturdays have no pool. Your Friday nights have no cinema room. These are not vanity items. They are the infrastructure of a family life that is fully lived rather than mostly managed. Every year those experiences are deferred is a year you do not get back. The solution This newly built 5-bedroom semi-detached duplex in Cowrie Creek Estate, Ikate, Lekki, is the entry point that the full-detachment calculation has been preventing you from taking. It is not a compromise. It is a precision decision. Here is what the semi-detached structure actually means at Cowrie Creek: you are in a gated community with shared perimeter security, estate-level infrastructure, and neighbours who bought at the same price point and chose the same address. The shared wall is one wall. Everything else --- the pool, the rooftop, the cinema, the compound, the BQ, the floors, the ceilings --- is yours. Entirely. And it is all new. This is a newly built property. Not a resale with accumulated wear and someone else's choices embedded in the walls. The finishes are original. The systems are untested. The fixtures have never failed. You are the first person who will live in this house. That matters --- practically, financially, and psychologically. Here is what you are getting: Five bedrooms, all en-suite. Every room in this house is a private suite. No shared bathrooms. No waiting. Six bathrooms and seven toilets distributed across the floors so that a full household --- family, extended family, guest --- operates without friction. Double-volume ceilings. The moment you walk into the living room, you understand what these feel like. It is not aesthetic. It is atmospheric. The room breathes differently. Light behaves differently. The conversation around you sounds different. It is the single architectural feature that separates a house built to a standard from one built to a specification, and this one has it. A private swimming pool. Yours. On your terms. Sunday morning before church. Wednesday evening when you need to decompress before the week catches up with you. Every Saturday your children have ever asked for a pool day --- answered, permanently, without leaving the compound. A rooftop terrace. Cowrie Creek Estate sits in one of Ikate's most established residential pockets. From the rooftop, you are looking at a skyline that has taken Lagos decades to build. This is where your guests end up by 9 PM on a Friday. This is where the dinner conversation migrates after the table is cleared. This is the space in your home that has no equivalent in any apartment building on the island, at any price. A dedicated cinema room inside the house. Not a projector in a bedroom. A room built for the purpose --- seated, acoustically contained, and available every evening from the moment you walk through the front door. Your children will never again need to go anywhere for a Saturday film. Neither will you. 24/7 power --- integrated at the property level, not dependent on your management. The power is on when you arrive. It is on when you wake up at 3 AM. It is on during the client call you are taking from home. The generator management conversation --- the one that is a daily drain in almost every Lagos home --- does not exist here. Bluetooth-integrated speaker system throughout. Sound follows you from room to room. From the fitted kitchen to the family lounge to the terrace. The house is acoustically alive in a way that a standard build is not. Walk-in closet in the master suite. Not a wardrobe. A room adjacent to the bedroom that organises your life the way a person at your professional level deserves to have it organised. Stamped concrete flooring on the ground level. A deliberate architectural finish that tiles cannot replicate. It ages well, it cleans easily, and it tells any visitor who knows buildings that this one was built with intention. BQ included. Your domestic staff has dedicated quarters. Your home's privacy and spatial integrity remain intact. Cowrie Creek Estate infrastructure: 24/7 professional security, good road network, well-maintained drainage. This is not an estate that requires management optimism. It is a functioning community with demonstrated infrastructure performance. ₦950,000,000. Newly built. First occupancy. Full spec. Cowrie Creek, Ikate. An upgraded variant with elevator and cinema is available at ₦1,400,000,000 --- for households with multigenerational living needs or where vertical accessibility is a priority. The call to action Newly built inventory in Cowrie Creek Estate does not accumulate. When a unit at this specification --- cinema, rooftop, pool, double-volume ceilings, 24/7 power, fully en-suite --- enters the market as a first-occupancy property at ₦950M, it attracts a specific kind of buyer. Someone who has been watching this corridor. Someone whose capital is structured. Someone who recognises that the semi-detached decision at this location and this spec is not a compromise --- it is the most efficient entry into an address that will hold and grow its value regardless of what the naira does. If that is you, this is a short conversation. Documentation is available. A viewing can be arranged immediately. Call or WhatsApp Smilebay Realties: +234 901 517 4801 The pool, the rooftop, the cinema, and the 24/7 power are ready. The only question is whether you will be the one who moves in --- or the one who watches someone else do it and adds this to the list of decisions you delayed too long. 5 Bedrooms 6 Bathrooms 7 Toilets 400sqm Newly Built First Occupancy All Rooms En-Suite Double-Volume Ceilings Walk-In Closet Fitted Kitchen Family Lounge Private Swimming Pool Private Cinema Rooftop Terrace Balconies BQ Bluetooth Speaker System Stamped Concrete Floor Water Heater Shower Cubicle 24/7 Power 24/7 Security Good Road Network & Drainage Cowrie Creek Estate, Ikate, Lekki, Lagos ₦950,000,000 Elevator + Cinema Upgrade: ₦1,400,000,000 Listed by Smilebay Realties Limited Ref: 3469572

Cowrie Creek Estate, Ikate, Lekki, Lagos
5 beds 6 baths

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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