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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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33 For sale
2 For rent
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4 Areas

Areas covered

4 areas

Lekki 14 Victoria Island (VI) 13 Ikoyi 11 Eko Atlantic City 1

Listings

21–33 of 33

All For sale For rent Short let JV
Flagship: 1, 007SQM
Premium
5
₦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
453SQM & 560SQM Residential Land
Premium
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
Waterfront 600 SQM Residential Land
Premium
3
₦510,000,000

Residential land for sale

Waterfront 600 SQM Residential Land

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. Water front 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
5-Bedroom Terraced Duplex
Premium
25
$2,500,000

Terraced duplex for sale

5-Bedroom Terraced Duplex

Banana Island. $2.5 Million. A Terrace With Its Own Gate. Its Own Compound. Its Own Rooftop. A Jetty at the Water's Edge. C of O. Elevator. 2-Room BQ. The Most Accessible Price Point on the Island. The problem Banana Island has two categories of buyer conversation. The first is the one most people assume happens at this address --- the buyer with unlimited capital and no constraints. The fully detached compound. Four walls to themselves. The price that reflects the fullest possible claim on the island's address. The second is the conversation that actually happens for the majority of serious principals who want this island, this controlled access, this resident profile, this lagoon context --- and who are making a deliberate and rational choice about which specific product type gives them the address they want at the price their capital is structured for. This listing is for the second conversation. $2,500,000. Banana Island Estate. A terraced duplex --- five bedrooms, six bathrooms, seven toilets, an elevator, a rooftop, a 2-room BQ, a self-compound with a gate, parking for four cars, and access to a common swimming pool and a jetty at the island's water edge. One shared wall with one neighbour. Everything else --- the compound, the gate, the parking, the rooftop, the BQ, the elevator, the 2 living rooms --- is private, configured, and yours. The question is not whether Banana Island is the right address. The question is whether this is the right product at the right price point to make the decision today. The agitation Here is what the Banana Island deliberation costs the principal who has been circling this address without committing. Every comparable that has sold on this island in the past 24 months has sold at a higher number than the one before it. The island is finite. The supply is constrained. The resident profile --- the families, the diplomats, the multinational heads, the intergenerational wealth --- does not leave frequently and does not sell at discounts. The island's track record of absorbing naira devaluations, inflation cycles, and political uncertainty without sustained price correction is not speculative. It is documented. The NPC comparables visible today frame the position clearly: A 5-bedroom fully detached duplex in Old Ikoyi --- ₦2.3B (approximately $1.67M). Not on Banana Island. A 5-bedroom Ikoyi mansion --- ₦3.5B (approximately $2.54M). Not on Banana Island. This listing --- 5-bedroom terraced duplex, Banana Island Estate, C of O, jetty, elevator, rooftop --- $2.5M. The Banana Island premium over Old Ikoyi is the controlled access bridge, the island's managed resident environment, the lagoon adjacency, the jetty, and the specific social and security infrastructure that no mainland or non-island Ikoyi address can replicate. That premium is in this price. Every month the principal defers this decision on Banana Island, the market reflects the scarcity that the island's finite land and constrained supply consistently produce. The $2.5M terraced entry is the island's most accessible current price point. It is today. The solution a 5-bedroom terraced duplex in Banana Island Estate, Banana Island, Ikoyi. Self compound. Private gate. Rooftop space. Elevator. 2-room BQ. 2 living rooms. Parking for 4 cars. Common swimming pool and jetty. Certificate of Occupancy. 24/7 power. Full security infrastructure. $2,500,000. Here is what each element delivers --- and what sets this unit apart from both the island's fully detached options and every comparable property priced below this listing: Banana Island Estate --- the island that needs no introduction. Controlled vehicle access at the bridge. A managed residential environment. A resident profile that has defined the upper tier of Lagos's professional, diplomatic, and corporate life for over two decades. The NPC area guide describes it correctly: exclusive, prestigious, with the specific combination of planned infrastructure and curated community that no other Lagos address has replicated. Saying your address is Banana Island requires no further explanation --- in Lagos, in Abuja, or in any international city where the people who live here also have addresses. A terraced duplex with a self compound and a private gate. This is the distinction that separates this unit from a standard apartment building. The compound is self-contained. The gate is private. Your vehicle enters through your own gate, parks in your own compound, and the perimeter of your immediate environment is yours to manage. The one shared wall --- the wall between this terrace and the adjacent unit --- is the only point of physical adjacency with any neighbouring property. Everything else in the land parcel is your compound. That is the terraced duplex configuration that makes a $2.5M price point possible on Banana Island while delivering the private compound experience that the island's fully detached options offer at higher prices. A rooftop space. Accessed from the top floor of the terrace. Private, open, elevated above the Banana Island Estate environment. The specific use of this space is the occupant's to define --- an outdoor lounge, a garden, an entertainment platform, a quiet private elevation with the island's residential landscape and the Lagos lagoon visible in every direction. A rooftop above a private compound on Banana Island, at any price, is an architectural feature that most island properties at any price tier do not offer. An elevator. The building handles vertical movement across all floors. Groceries, luggage, your briefcase after a long day, an elderly parent --- the elevator manages it. In a multi-floor terrace, an elevator converts the building from one that requires stair management to one that simply responds. A jetty. This is the feature that has not appeared in any previous listing across this fifty-two-entry portfolio --- and it is specific to the Banana Island context in a way that no other address in Lagos can replicate. A jetty means water access. The ability to arrive at the property by boat. The lagoon that surrounds Banana Island is accessible from this residence at the jetty level. For the resident who uses water transportation --- speed boats, water taxis, the leisure boats that operate in Lagos's lagoon --- the jetty is a functional daily access point, not a scenic feature. For the social host whose guests arrive from the mainland via water, the jetty is the reception point. On Banana Island, a jetty is the architecture of a life that fully uses the island's primary geographic advantage. A common swimming pool. Shared within the estate's community rather than private to this unit --- which is the corresponding arrangement for the terrace configuration versus a fully detached compound. The pool is available to residents. On Banana Island, where the island itself is managed at community level, a common pool within a well-secured, curated residential estate is a different experience from a shared pool in a standard Lagos apartment building. The environment that surrounds the pool is the estate. The residents who share it are the island's residential community. 2 living rooms. Ground floor social space for receiving guests and hosting at scale. Upper floor family lounge for the private, at-ease version of the household's social life. The separation between public and private social space --- a recurring differentiator throughout this series --- is built into the floor plan here. Both living rooms exist because the developer understood that a 5-bedroom Banana Island home operates at two different social registers simultaneously. 5 bedrooms. 6 bathrooms. 7 toilets. All rooms en-suite. 2-room BQ. Every occupant in this household wakes up to a private bathroom. The 2-room BQ means two dedicated domestic staff quarters --- the household operates with properly configured domestic infrastructure, not compromised arrangements. Seven toilets across the building mean no common area access to bedroom floors for guests. Fitted kitchen. Air conditioning. Pop ceilings. Built-in wardrobes. Tiled floors. Water heater. Guest toilet. The interior finish is complete. Move in. Nothing requires commissioning or sourcing. The property is configured. 24/7 power supply --- standby generator, prepaid meter, borehole, treated water, high-speed internet. Power is continuous and managed. Water is treated and stored. Internet is confirmed. The utilities are operational. Security --- layered and Banana Island-level comprehensive. Security gate. Perimeter fencing. Electric fence. Burglar proof. CCTV. Security gateman. The building's security layers sit within the island's own controlled access security. The bridge is the island's first perimeter. The estate's perimeter is the second. This compound's security is the third. Three independent levels of access control protect this residence. Certificate of Occupancy. The title is individually registered, Lagos State-issued, confirmed, and available for solicitor review today. No upgrade path. No derivation chain. The title is done. $2,500,000 --- approximately ₦3,444,800,943 at current exchange rates. Dollar-denominated. The asset retains its dollar value regardless of naira movement. The entry price for a Banana Island residential address with a C of O, elevator, rooftop, jetty, private compound, and 2-room BQ --- in the most supply-constrained residential address in West Africa --- is $2.5M today. Banana Island does not flood. The island's planned drainage infrastructure, combined with its elevation above sea level and its position above any flood risk scenario that has affected Lagos in recorded history, make it the most physically secure residential address available in Lagos. Smilebay Realties does not list properties in flood-prone areas. This property on Banana Island Estate was assessed against that standard before listing. It passed. The call to action $2,500,000. Banana Island Estate. 5 bedrooms. 6 bathrooms. 7 toilets. Elevator. Rooftop. Jetty. Private compound with gate. 4-car parking. 2-room BQ. 2 living rooms. Pool. C of O. This is the Banana Island residential entry point that is accessible today. The buyer for this property is not comparing it to a house in Lekki or a duplex in Osapa. They are comparing it to the fully detached Banana Island options that are priced $100,000 to $1,000,000 above it --- and deciding whether the one shared wall of a terraced configuration on the island is the correct trade-off for the price differential. For most principals whose capital is structured at $2.5M, the answer is yes. The address is the island. The compound is private. The rooftop is there. The jetty is at the water. The title is clean. One call. C of O available for immediate solicitor review. Viewing by appointment. Call or WhatsApp Smilebay Realties: +234 901 517 4801 Banana Island. $2.5 million. The jetty is at the water's edge. The rooftop is above the island. The title is done. This is the one. 5 Bedrooms --- 6 Bathrooms --- 7 Toilets --- Terraced Duplex --- Serviced All Rooms En-Suite --- Self Compound --- Private Gate --- 4-Car Parking 2 Room BQ --- 2 Living Rooms --- Elevator --- Rooftop Space Common Swimming Pool --- Jetty (Water Access) --- Gym Fitted Kitchen --- Air Conditioning --- pop Ceilings --- Built-In Wardrobes --- Tiled Floors --- Water Heater --- Guest Toilet Power: 24/7 Power Supply --- Standby Generator --- Prepaid Meter --- Borehole --- Treated Water --- High-Speed Internet Security: Security Gate --- Perimeter Fencing --- Electric Fence --- Burglar Proof --- CCTV --- Security Gateman Title: Certificate of Occupancy --- Individually Registered --- Available for Immediate Solicitor Review Banana Island Estate, Banana Island, Ikoyi, Lagos Price: $2,500,000 (approximately ₦3,444,800,943 at current rates --- naira equivalent subject to exchange rate fluctuation) Flood-Free --- Confirmed by Smilebay Realties Pre-Listing Assessment Posted: July 12, 2026 NPC Comparable Context: 5-bedroom fully detached Ikoyi duplex --- ₦2,300,000,000 (not on Banana Island) 5-bedroom Ikoyi mansion --- ₦3,500,000,000 (not on Banana Island) This listing: Banana Island Estate terraced duplex --- $2,500,000 --- island address, jetty, C of O Listed by Smilebay Realties Limited --- Ref: 3568002

Banana Island Estate, Banana Island, Ikoyi, Lagos
5 6
3-Bedroom Apartment + BQ
Premium
17
₦750,000,000

Flat / apartment for sale

3-Bedroom Apartment + BQ

Awolowo Road, Ikoyi. A Pool That Looks Out at the Lagos Lagoon. 3 Bedrooms. BQ. Elevator. Gym. 24/7 Power. C of O. ₦750 Million. 90% Complete. The Price Goes Up When It Finishes. The problem Awolowo Road, Ikoyi, has a price point that the market has established clearly. Comparable 3-bedroom serviced apartments in this neighbourhood are currently listed at ₦900M and ₦1B. Those are the numbers that NPC buyers see when they search Ikoyi apartments. Those are the numbers that have been setting the expectation for what a 3-bedroom in this corridor should cost. ₦750M on the same road --- with a waterfront pool, a BQ, an elevator, a gym, 24/7 power, and a C of O --- does not fit that expectation. It fits the development stage. This building is 90% complete. The developer has priced at the 90% stage, not the 100% stage. That ₦150M to ₦250M gap between this unit and its completed comparables is not a discount for a lesser product. It is the early entry advantage --- the price that exists today and will not exist when the final finishes are in and the building opens. The buyer who moves now buys Awolowo Road Ikoyi at ₦750M. The buyer who waits buys it at a number the developer has not published yet --- but has promised will be higher. The agitation Here is what the Ikoyi apartment market has been doing to the serious buyer who has been watching it from the outside. The ₦1B listing you saw last month. The ₦900M listing before it. The consistently upward movement of the Ikoyi 3-bedroom apartment market that has made the entry price look different every quarter. You are not in a different income bracket from the buyers who entered this market at ₦600M, ₦700M, ₦800M. They moved when a specific window was visible and the entry was below where the market was heading. You are looking at that window right now. Meanwhile the rent continues. Your landlord's renewal is coming. The number will move. You will absorb it because your school run is mapped, your routines are settled, your domestic infrastructure is established in your current address and rebuilding it somewhere else costs time and energy the week does not have. Every absorption is a month of someone else's equity. Every month the Ikoyi waterfront apartment sits 90% complete is a month the developer inches closer to the stage where the price increases. That stage is close. The solution a 3-bedroom serviced apartment on Awolowo Road, Ikoyi --- with a waterfront swimming pool, BQ, elevator, gym, 24/7 power, C of O title, and a completion stage that makes today the correct moment to commit. Here is what the building delivers: Awolowo Road, Ikoyi --- the address that requires no explanation on the Island. Awolowo Road is the primary arterial road of Ikoyi --- connecting the VI boundary to the heart of Ikoyi's residential and commercial core. It is where the upscale boutiques are. Where the private medical practices and law firms of Ikoyi's professional corridor operate. Where the dining options that define Lagos Island evenings are concentrated. This is not a side street off Ikoyi. It is Ikoyi itself --- the main road, the recognised address, the postcode that carries the full weight of the neighbourhood. A waterfront swimming pool. Not a compound pool facing a boundary wall. Not a rooftop pool looking at the building across the road. A waterfront pool --- positioned at the building's lagoon-facing edge, where the water in the pool appears to extend into the Lagos lagoon visible beyond it. Swimming in this pool at 7 AM on a Sunday morning means the Lagos lagoon is the view. The water is in front of you and the water is beyond you and the city is still waking up. That specific experience is not replicated by any other pool in any other Ikoyi apartment listing on the market today. It is this building, this edge, this view. A BQ within the apartment's allocation. Your domestic staff has dedicated accommodation. The apartment's spatial integrity and your household's privacy are maintained permanently. You are not managing a domestic arrangement that competes with your living space. The household is properly configured from day one. An elevator. The building handles vertical movement. You do not negotiate stairs. Groceries, luggage, the laptop bag after a long day --- all managed by the elevator. In a multi-floor Ikoyi apartment building, this converts a physical daily friction into a non-event. A gym inside the building. The fitness infrastructure is available without leaving the address. Before the 7 AM call. After the 9 PM return. The membership you've been maintaining elsewhere, used four times a month, replaced by the gym in the building you own. 24/7 power supply --- backed by a standby generator, prepaid meter, and borehole. The power is on when you arrive. It is on when you leave. It is on when you travel and your household remains in the apartment. The power infrastructure is managed at the building level. It is not your operational responsibility. All rooms en-suite. 3 bedrooms. 3 bathrooms. 4 toilets. Fitted kitchen. Air conditioning. Pop ceilings. Built-in wardrobes. Balconies. Water heater. The apartment is fully specified. Nothing is aspirational. The interior is complete at 90% --- the fittings are in, the rooms are configured, the finishes are in their final stage. You are not buying a shell with a delivery promise twelve months away. You are buying a building at its final stage of completion. Certificate of Occupancy. The strongest individually registered title instrument in Lagos land law. Issued by the Lagos State government in the name of the owner. No derivation process. No upgrade required. Your solicitor verifies it. The transaction proceeds. This is the cleanest title position available for an Ikoyi apartment purchase. 90% complete --- and the developer has confirmed the price increases at 100% completion. This is not a marketing statement. It is the standard pricing behaviour of Lagos development at this stage. The developer has built the building using pre-completion pricing as the acquisition incentive. When the building is done --- when the hoardings come down, the lobby is operational, and the amenities are open --- the price reflects the completed product. That completed price is not ₦750M. It is the number the developer will announce closer to handover. The comparable listings on NPC right now --- ₦900M and ₦1B for similar Ikoyi 3-bedrooms --- tell you the directional range. ₦750M is available today. The window is measurable in weeks, not months. The NPC comparable listings that appear alongside this building today --- ₦1,000,000,000 and ₦900,000,000 for 3-bedroom serviced apartments in Ikoyi --- are fully completed. This building, at ₦750,000,000, is 90% complete. That ₦150M to ₦250M differential is the early entry advantage. It is available now. It closes at completion. Awolowo Road, Ikoyi sits on the waterfront edge of Lagos Island. The building's waterfront position is the same elevation and drainage infrastructure that gives the Ikoyi lagoon-front its consistent flood resistance. The established urban infrastructure of Awolowo Road --- maintained continuously as Ikoyi's primary arterial road --- places this address firmly outside the flood risk categories that affect lower-lying or less-managed Lagos Island addresses. Smilebay Realties does not list properties in flood-prone areas. This building on Awolowo Road, Ikoyi was assessed against that standard before listing. It passed. The call to action Awolowo Road, Ikoyi. ₦750,000,000. 90% complete. Waterfront pool. BQ. Elevator. Gym. 24/7 power. C of O. All rooms en-suite. Balconies. Fitted kitchen. The comparable completed apartments in this neighbourhood are at ₦900M and ₦1B today. This one is ₦750M because it is 90% complete. The developer has stated the price increases at 100%. That is not a distant deadline. It is the next few weeks. The buyer for this apartment has capital ready or a financing arrangement confirmed. They are not forming a view on Awolowo Road Ikoyi for the first time. They know the address. They understand the C of O. They recognise ₦750M for a waterfront pool, Ikoyi address, fully specified apartment at 90% completion for what it is. One call. C of O available for immediate solicitor review. Viewing by appointment. Call or WhatsApp Smilebay Realties: +234 901 517 4801 The pool faces the lagoon. The price goes up when the building finishes. This is the window. 3 Bedrooms --- 3 Bathrooms --- 4 Toilets --- All Rooms En-Suite BQ --- Serviced Building --- Newly Built Waterfront Swimming Pool --- Lagoon-Facing Elevator --- Gym --- Landscaped Garden --- Ample Parking --- Balconies Interior: Fitted Kitchen --- Air Conditioning --- pop Ceilings --- Built-In Wardrobes --- Tiled Floors --- Water Heater --- Guest Toilet Power: 24/7 Power Supply --- Standby Generator --- Prepaid Meter --- Borehole Security: Security Gate --- Perimeter Fencing --- Electric Fence --- Burglar Proof --- CCTV --- Security Gateman --- Fire Safety Title: Certificate of Occupancy (C of O) Development Stage: 90% Complete --- Price Increases at 100% Completion Awolowo Road, Ikoyi, Lagos Price: ₦750,000,000 Flood-Free --- Confirmed by Smilebay Realties Pre-Listing Assessment NPC Comparable Context: Similar Ikoyi 3-Bed Serviced Apartments Currently Listed at ₦900,000,000 and ₦1,000,000,000 Listed by Smilebay Realties Limited --- Ref: 3565061

Awolowo Road, Ikoyi, Lagos
3 3
5-Bedroom Fully Detached Duplex
Premium
25
₦815,000,000

Detached duplex for sale

5-Bedroom Fully Detached Duplex

Victory Park Estate. ₦815 Million. Two Masters. Both with Bathtubs. Glass Wall Kitchen. Jacuzzi. Cinema. Pool. The Most Accessible Entry Into This Estate. And the Most Complete Version of It. The problem The Victory Park Estate conversation in Lagos has arrived at a specific price point that the market has set. Fully detached 5-bedroom duplexes in this estate with a pool, cinema, automation, and glass wall kitchen have been trading at ₦850M. That number has been correct for this specification level. The estate's build quality, the plot sizes, the infrastructure, the Deed of Assignment with Building Plan Approval --- it all supports ₦850M. Buyers who have done the due diligence on this corridor know that. What those buyers have been waiting for --- the ones who want every feature, every room, every finish at the highest level this estate produces --- but who want the ₦850M specification at something below ₦850M --- has not been available. Until this listing. ₦815,000,000. Victory Park Estate. The same estate. The same plot size. The same automation. The same cinema, pool, Jacuzzi, and glass wall kitchen. With two master bedrooms that have something the previous Victory Park listings did not foreground: a luxury bathtub in both master bathrooms. The agitation Here is the specific frustration of the Lagos professional who has identified the right estate and the right specification but has been watching the price point without a clear entry opportunity. You have done the research. You know Victory Park Estate. You know the corridor --- Osapa, Lekki, directly accessible off Osapa Road, the same sub-zone that Hampton Bay Island Estate, Pinnock Beach Estate, and the canal-front developments have established as one of the most settled residential addresses in the Chevron-Lekki axis. You know what the finished duplexes in this estate look like. You may have already been to a viewing. And every month you have not made the move, you have been paying rent on someone else's asset. The landlord's letter came again. The number moved. You absorbed it. You always do. But every month the absorption continues is a month the gap between your equity position and where it should be grows wider. The comparable units in this estate have been priced at ₦850M. That was the market. You were watching. This listing --- at ₦815,000,000 --- is the moment where the full Victory Park specification meets the price point that your capital structure has been waiting to see. It is not a lesser property. It is not a unit with a compromised specification. It is the correct entry price for the complete product. The solution a 5-bedroom fully detached duplex in Victory Park Estate, Osapa, Lekki. Approximately 450sqm plot --- the standard footprint in the estate. Deed of Assignment backed by Building Plan Approval already acquired. 24/7 power backed by inverter and generator. Fully automated. ₦815,000,000. Here is what this unit delivers --- and what makes it distinct from every comparable in this estate and this corridor: Two master bedrooms. Both with walk-in closets. Both with full en-suite bathrooms. Both with a luxury bathtub and a large shower cubicle. Not one master with a bathtub. Two. Both masters in this unit are configured as full bathroom suites --- a freestanding or built-in bathtub alongside a separate large shower cubicle in each room. Two master occupants, two private bathrooms, two independent bathing configurations. No compromise on either side. The bathtub is the detail that elevates a bathroom from a functional room to a recovery infrastructure. After a Lagos workweek --- the decisions, the traffic, the client calls, the travel --- the ability to fill a bathtub in your own master bathroom and be still for 30 minutes is not a minor feature. It is the specific recovery experience that a shower cannot replicate. It is available here, in both master bedrooms, every day of the week, without leaving the compound. A glass wall kitchen --- facing the compound. The kitchen is fully fitted --- refrigerator, cooking appliances, full installation. The glass wall means the boundary between the kitchen and the outdoor environment dissolves. Natural light floods the kitchen from the glass elevation at every hour of the day. The pool, the outdoor sit-out, and the compound are visible from the kitchen counter. The cook is not isolated from the household. The space flows. For a household that entertains regularly --- or simply wants mornings that begin in a kitchen that feels open rather than enclosed --- the glass wall is the architectural decision that changes how the ground floor functions every day. A swimming pool and a Jacuzzi spa --- both in the compound. The pool is yours. Your terms. Your schedule. No booking. No shared hours. The Jacuzzi is the decompression infrastructure that a pool alone does not provide. A 20-minute Jacuzzi session after the week your household just absorbed is not a peripheral feature. It is the specific physical recovery that the week demands and that most Lagos compounds do not provide. It is here. Available daily. In your compound. A covered outdoor sit-out. The evening Lagos rain that arrives without warning ends no gatherings here. The sit-out is covered. The Saturday that starts outside stays outside. A private cinema room. A room. Not a projector on a wall. Not a television in the family lounge configured to simulate a cinema. A dedicated, acoustically appropriate cinema room --- the space where Saturday films happen, where Champions League matches get the screen they deserve, where the household's entertainment infrastructure is a room with a purpose rather than a living room rearranged for the occasion. Full home automation. Climate, lighting, access, security --- managed from your phone. The house responds before you arrive. It adjusts when you leave. You travel for business and the home continues operating correctly in your absence, visible and controllable from wherever you are. The automation is not a feature you demonstrate to guests. It is the daily operating standard of the home. Inverter, standby generator, and NEPA meter --- three independent power layers. This unit has what most Victory Park listings do not foreground: an inverter in addition to the generator and NEPA connection. The inverter is the power solution that eliminates the gap --- the 30 seconds between NEPA failure and generator start during which a video call drops, a smart home system resets, a sleeping child's room goes dark. The inverter bridges that gap instantly and silently. For the professional who works from home at any point in the week, or whose household runs on always-on infrastructure --- routers, smart devices, security systems --- the inverter is the third layer that makes the power arrangement genuinely seamless. A dedicated home office. A room for work that is not the bedroom, not the dining table, and not a corner of the living room. A door that closes. A space whose architectural function is professional work. For the senior professional whose responsibilities do not observe a hard stop at 6 PM, the home office is not a productivity preference. It is the room that makes working at home sustainable without the domestic environment absorbing the professional one. A laundry room with washer and dryer. Installed. Operational from day one. The domestic infrastructure of the household is built into the property --- not sourced after you move in. The laundry situation, which in most Lagos homes is an ad hoc arrangement producing recurring daily friction, is resolved by a dedicated room with the correct appliances already in place. A BQ with separate quarters. Your domestic staff has private, dedicated accommodation within the compound. Your home's spatial flow and your family's privacy remain intact permanently. The household operates with correctly configured domestic infrastructure rather than compromise arrangements. Five bedrooms all en-suite. Six bathrooms. Seven toilets. Every occupant wakes up to a private bathroom. No morning scheduling. No queue. The household runs without friction. NEPA meter connected. Water connected. Building Plan Approval acquired. The utilities are live. The structure was built to an officially sanctioned, approved design. Lagos State has no retrospective compliance challenge available on this building. Your solicitor will confirm this in due diligence and the conversation will be short. Deed of Assignment --- backed by the Global C of O covering Victory Park Estate. The Deed of Assignment is the recognised, legally valid conveyance instrument for this estate. It derives its legal security from the Global Certificate of Occupancy that covers all of Victory Park Estate --- a master title issued by Lagos State, state-registered, traceable to the government as the single title authority. Governor's Consent is the post-purchase upgrade path --- a straightforward Lagos Land Registry application that the final buyer initiates. Your solicitor handles it. The foundation is already the strongest possible. Victory Park Estate, Osapa --- flood-free, confirmed. The estate's drainage system was designed and built to manage Lagos rainfall without transferring the problem to individual compounds. The road from the Lekki-Epe Expressway through Osapa Road to the estate gate is well-maintained and does not carry flooding risk. The estate has delivered this consistently through every rainy season. Smilebay Realties does not list properties in flood-prone areas. Victory Park Estate was assessed against that standard before this listing was published. It passed. Your ₦815M acquisition is protected from the rainy-season risk that erodes both daily life and asset value in flood-affected Lagos addresses. The call to action The comparable units in Victory Park Estate have been priced at ₦850M. This unit is ₦815,000,000. Same estate. Same plot size. Same Deed of Assignment. Same Building Plan Approval. Same cinema, pool, Jacuzzi, glass wall kitchen, and full automation. With two master bathrooms that each have a bathtub. With an inverter as a third power layer. With a dedicated home office and a laundry room. The ₦35M difference between this unit and the estate's prevailing price is the entry advantage of acting on this listing now. It does not stay available indefinitely. Title documentation available for immediate solicitor review. Viewing arrangeable this week. Call or WhatsApp Smilebay Realties: +234 901 517 4801 Victory Park Estate. ₦815,000,000. Two bathtubs. One cinema. One Jacuzzi. One glass wall kitchen. The complete product at the accessible price. 5 Bedrooms --- 6 Bathrooms --- 7 Toilets --- Fully Detached --- Approx. 450sqm Plot All Rooms En-Suite --- Newly Built 2 Master Bedrooms --- Both with Walk-In Closet --- Both with Luxury Bathtub and Large Shower Cubicle Glass Wall Fully Fitted Kitchen --- Home Office --- Laundry Room with Washer and Dryer --- BQ Swimming Pool --- Jacuzzi Spa --- Covered Outdoor Sit-Out Private Cinema Room --- Full Home Automation --- Ample Parking --- Balconies Power: 24/7 Power --- Inverter --- Standby Generator --- NEPA Meter Connected Water: Borehole --- Treated Water --- Water Heater Internet: High-Speed WiFi Interior: Air Conditioning --- pop Ceilings --- Built-In Wardrobes --- Tiled Floors --- Guest Toilet Security: Security Gate --- Perimeter Fencing --- Electric Fence --- Burglar Proof --- CCTV --- Security Gateman --- Intercom --- Fire Safety Title: Deed of Assignment backed by Global Certificate of Occupancy Building Documentation: Building Plan Approval Acquired Governor's Consent: Upgradeable post-purchase by final buyer Victory Park Estate, Osapa, Lekki, Lagos Price: ₦815,000,000 Flood-Free --- Confirmed by Smilebay Realties Pre-Listing Assessment Listed by Smilebay Realties Limited --- Ref: 3552456

Victory Park Estate, Osapa, Lekki, Lagos
5 6
5-Bedroom Fully Detached Duplex
Premium
25
₦550,000,000

Detached duplex for sale

5-Bedroom Fully Detached Duplex

Chevy View Estate. ₦550 Million. Smart Home. Solar Power. Roof Terrace. A Family Room and a Lounge Area. Global C of O. Governor's Consent. The Most Completely Titled Detached Duplex in This Corridor. The problem The Chevron-Lekki corridor has a consistent problem that senior professionals eventually name after enough viewings. Every estate in this axis offers a version of the same property. Five bedrooms. Pool. BQ. Generator. Security. Decent finish. The list reads the same. The viewing reveals the same compromises. The bedroom that is slightly smaller than described. The power arrangement that is "generator" with no mention of what happens during fuel shortages at 2 AM. The "smart home" that turns out to be a door bell with WiFi. The lounge that serves as the dining room, the family room, and the TV room simultaneously because there was never a separate space planned for each function. At ₦550M, you are not asking for something unreasonable. You are asking for a detached duplex in a proven Lekki estate that does what it says. Smart home that actually automates the home. Solar power that reduces the fuel dependency that has been a daily operational friction for the entire duration of your Lagos residence. A roof terrace that is an actual terrace on the actual roof of your actual building. A family room and a lounge as two separate rooms. A title that carries both Global C of O and Governor's Consent --- simultaneously --- leaving nothing in the title chain unresolved. That combination exists on Udenco Road, Chevy View Estate. At ₦550M. The agitation Here is what the gap between "adequate" and "correct" has been costing you in the Chevron-Lekki corridor. You have been in this corridor long enough to know the area well. You know Chevy View Estate. You have probably driven past its gate more than once. You know what the corridor means for school proximity, for VI access, for the Saturday morning when the Chevron toll gate is blocked and Udenco Road gives you an alternative. Every year you have stayed in the wrong property in this corridor --- absorbing rent increases from a landlord who knows you are not leaving --- is a year the equity gap between your position and the correct one has widened. Not dramatically. Quietly. The professionals who bought in Chevy View Estate three and four years ago are not having this conversation. Their equity position has moved. The distressed sale that appeared in this estate at ₦280M two years ago --- with none of the features this listing carries --- told you what the floor looks like in this estate. This listing at ₦550M tells you what the correctly specified ceiling looks like. The distance between those two numbers is everything that smart home technology, solar power, a roof terrace, a family room, a box room, a walk-in closet, and a dual-title position adds to a detached duplex in Chevy View Estate. You are looking at the ceiling right now. The solution a 5-bedroom fully detached duplex in Chevy View Estate, off Udenco Road, Lekki. 5 bedrooms. 5 bathrooms. 6 toilets. Private swimming pool. BQ. Smart home technology. Solar power. Roof terrace. Box room. Family room. Spacious lounge area. Walk-in closets. Global C of O and Governor's Consent. ₦550,000,000. Here is what makes this property distinct from every other Chevy View Estate listing in this portfolio and in the corridor: Smart home technology --- genuine, integrated, estate-level. The automation covers climate, lighting, access, and security --- managed from a single interface on your phone. You are not driving toward the estate at 9 PM and wondering whether things are correct at home. You have already set them. The house responds to where you are and what you need. This is the same smart home infrastructure that has appeared in the Victory Park Estate duplexes in this portfolio --- confirmed, functional, and specified as the primary feature of this property. Solar power as a third independent power layer. Most Lagos detached duplexes offer NEPA and generator. This property adds solar. The significance of solar in a residential property is not environmental --- it is operational. Solar power during daylight hours is silent, fuel-free, and available without any manual intervention. It reduces the generator's operating hours --- which reduces fuel costs, reduces noise, and reduces the generator maintenance cycle that every Lagos homeowner manages continuously. The combination of solar, generator, and NEPA is the most complete power independence stack available in the Lekki detached duplex market. The fuel dependency that has been a daily friction in every previous residence becomes a fraction of what it was. You still have the generator. You use it less. Significantly less. A roof terrace. Accessed from the top floor of a fully detached duplex in Chevy View Estate. No shared walls, no adjacent building at the same height --- just the estate's residential neighbourhood visible in every direction from an elevated private outdoor space that is yours. This is where the Sunday morning coffee happens when you want elevation and quiet simultaneously. It is the space that a pool-side or compound sit-out does not provide --- a view position that is above the fence line, above the surrounding vegetation, with the Lekki skyline and the estate's mature residential environment around you. In a corridor where every compound has a sit-out and most have a pool, a roof terrace is the outdoor space that stands alone. A box room --- the domestic storage infrastructure most Lagos duplexes sacrifice. A box room is a dedicated storage room --- for luggage, seasonal items, household equipment, the things that accumulate in a functional household and have nowhere organised to go. Most Lagos duplexes at this bedroom count eliminate this room to create another bedroom or increase a living area. This property keeps it. The result is a household that has space for everything without the chronic clutter management that typifies storage-compromised homes. A small room, but one whose absence is felt in daily household operation more consistently than any amenity feature. A family room in addition to a spacious lounge area --- two separate social living spaces. The lounge is the social floor --- where guests are received, where the household presents itself. The family room is the private social floor --- where the household is at ease, where the children watch their programme while the adults have a different conversation in the other room, where the domestic life of the household is not constantly visible from the receiving area. Two separate social rooms at different registers of formality and privacy is the architectural decision that most Lagos duplexes at this price point compress into one room with a partition. This one does not. Walk-in closets in the bedrooms. Every master-level bedroom has a walk-in closet --- a room adjacent to the bedroom dedicated to wardrobe organisation. At ₦550M, the buyer's wardrobe is not a modest one. The walk-in closet is the space that serves it correctly. A private swimming pool --- in the compound, yours alone. No booking. No shared schedule. The pool that the household uses on its own terms, on its own days, at its own hours. Five en-suite bedrooms. Six toilets. Every bedroom has a private bathroom. The household operates without morning friction. The six toilets distributed across the floors mean the common areas and social spaces have their own facilities without requiring access to bedroom floors. BQ --- dedicated domestic staff quarters. The household's domestic infrastructure is properly configured. Your staff has private accommodation within the compound. Your family's privacy and your home's spatial flow remain intact. 24/7 security surveillance. Electric fence. Perimeter fencing. Security gate. CCTV. Burglar proof. Security gateman. Intercom. The security stack is comprehensive and layered. Multiple independent security systems operating simultaneously. Chevy View Estate's own estate security, combined with this building's dedicated security infrastructure, provides the compound-level and estate-level protection that a senior professional household requires. Global C of O and Governor's Consent --- the dual title position that requires no explanation. Every plot in Chevy View Estate is backed by the estate's Global Certificate of Occupancy --- the master title instrument issued by Lagos State covering all plots within the estate. This property carries an additional, individually registered Governor's Consent on top of that foundation --- the personally named, Lagos State-registered instrument that confirms individual ownership at the highest available level in Lagos land law. This is not an upgrade process for the buyer to initiate. It is already done. The title is complete in both directions --- estate-level and individual-level --- before you call. Your solicitor verifies both instruments. The title conversation ends immediately. Chevy View Estate, off Udenco Road, is one of the most established, well-maintained gated estates in the Chevron-Lekki corridor. The estate's infrastructure --- roads, drainage, security perimeter --- has been operational and managed for years. Smilebay Realties does not list properties in flood-prone areas. Chevy View Estate was assessed against that standard before this listing was published. It passed. Your ₦550M acquisition is protected from the seasonal flooding that affects less-managed or lower-lying addresses in the broader Lekki corridor. The call to action Chevy View Estate. Off Udenco Road. ₦550,000,000. Smart home. Solar power. Roof terrace. Box room. Family room. Lounge. Pool. Walk-in closets. BQ. 24/7 security. Global C of O. Governor's Consent. This is the correctly specified detached duplex in a proven Lekki estate --- with a dual-title position that closes the entire title conversation before due diligence begins and a power infrastructure that reduces the fuel dependency you have been managing in every previous Lagos residence. Title documentation available for immediate solicitor review. Both Global C of O and Governor's Consent confirmed and available. Viewing by appointment this week. Call or WhatsApp Smilebay Realties: +234 901 517 4801 Chevy View Estate. ₦550M. Smart home. Solar power. Roof terrace. The title is clean at both levels. This is the one. 5 Bedrooms --- 5 Bathrooms --- 6 Toilets --- Fully Detached All Rooms En-Suite --- Spacious Compound Smart Home Technology --- Full Automation Solar Power --- Fuel-Free Daytime Power Independence Roof Terrace --- Private Elevated Outdoor Space Box Room --- Dedicated Storage Infrastructure Family Room --- Separate from Lounge Area Spacious Lounge Area Walk-In Closets --- Private Swimming Pool --- BQ --- Ample Parking --- Balcony Interior: Fitted Kitchen --- pop Ceilings --- Built-In Wardrobes --- Tiled Floors --- Water Heater --- Guest Toilet Power: Solar Power --- Borehole --- Treated Water --- High-Speed WiFi Security: Security Gate --- Perimeter Fencing --- Electric Fence --- Burglar Proof --- CCTV --- 24/7 Security Surveillance --- Security Gateman --- Intercom Title: Global Certificate of Occupancy --- Estate Level Individual Title: Governor's Consent --- Personally Registered Both documents confirmed and available for immediate solicitor review Off Udenco Road, Chevy View Estate, Lekki, Lagos Price: ₦550,000,000 Flood-Free --- Confirmed by Smilebay Realties Pre-Listing Assessment Listed by Smilebay Realties Limited --- Ref: 3552404

Off Udenco Road, Chevy View Estate, Lekki, Lagos
5 5
5-Bedroom Fully Detached Duplex
Premium
16
₦2,500,000,000

Detached duplex for sale

5-Bedroom Fully Detached Duplex

The Pool Is Inside the House. The Elevator Takes You to Every Floor. The Cinema Is a Room, Not a Screen. Governor's Consent. Approved Building Plan. Onikoyi, Ikoyi. ₦2.5 Billion. One Property. The problem The Ikoyi residential market at the ₦2B and above price point has a well-known filtering problem. Most buyers at this level have been through enough viewings to know exactly what they are looking for. The bedroom count is confirmed. The general address is decided. The title type is understood. The budget is structured. What they have not found --- consistently, across viewing after viewing --- is the property where every specification on their internal list is actually present, in the same building, on the same plot, with the title documentation to match. The elevator is present but the pool is outside and shared. The pool is private but the cinema is a projector in the master bedroom. The cinema is a proper room but the title is a Deed of Assignment on a Global C of O with a pending consent upgrade. The title is Governor's Consent but the building plan was never approved and the structural risk sits quietly in the back of the due diligence folder. Getting everything --- the indoor pool, the elevator, the cinema, the private BQ for a full domestic staff complement, the 24/7 power, and a dual-document title that closes both the land and the structure simultaneously --- in one property, on one 400sqm plot in Ikoyi, has been the combination that the market has not been offering at a single address. This property on Onikoyi, Ikoyi, offers it today. The agitation Here is what the Ikoyi property search at this level has cost the buyer who has been through four or five viewings without a result. Not the time --- though the time is real. Not the legal fees spent on preliminary due diligence on properties that subsequently failed the title review --- though those are real too. The cost is the continued occupancy of the current situation. Every month the right property has not been secured is a month the current address continues. For the principal at this level, the current address is likely adequate. It is likely even impressive by most standards. But it is not the Ikoyi position that reflects the full scope of what has been built professionally. It is not the house where the elevator is a daily fact of life rather than a hotel memory. It is not the building where the pool is accessible in January at 10 PM without stepping outdoors. It is not the compound where two BQ rooms mean a properly staffed household operating with genuine domestic infrastructure rather than compromise arrangements. Meanwhile, the Ikoyi detached market continues to move. The ₦3.3B listing on NPC today is a 5-bedroom without an elevator or indoor pool. The ₦8.5B development is a different category entirely. The window on a 5-bedroom Ikoyi detached duplex at ₦2.5B --- with elevator, indoor pool, cinema, 2-room BQ, Governor's Consent, and Approved Building Plan --- is not a permanent feature of the market. It is this listing. It is today. The solution a 5-bedroom fully detached duplex in Onikoyi, Ikoyi, Lagos. 400sqm plot. Secured estate. Good access roads. Governor's Consent and Approved Building Plan --- both confirmed and available for solicitor review. 24/7 power. ₦2,500,000,000. Here is what makes this property distinct from every other Ikoyi detached duplex in this portfolio --- and from most of what the Ikoyi market offers at this price point: An indoor swimming pool. This is the feature that exists in almost no other residential property in the Smilebay Realties forty-three-listing portfolio --- and in very few Lagos residential properties at any price point. The pool is inside the building. That means it is private in a way that no outdoor pool can achieve --- no visibility from the compound, no weather dependency, no seasonal limitation. A 10 PM swim on a Tuesday after a draining day is not a logistics decision. It is a 30-second walk from any floor in the building. A January morning swim before the 7 AM call happens the same way it happens in August. The indoor pool is not an amenity. It is a daily infrastructure of a specific quality of life that outdoor pools in compounds approximate but do not replicate. An elevator. The building handles all vertical movement. Every floor is accessible without a staircase. Groceries, luggage, your briefcase after a long day, your elderly parent on a visit --- the elevator manages it. In a multi-floor fully detached duplex in Ikoyi, an elevator converts the building from one that requires physical negotiation of its own vertical to one that simply responds to where you need to be. The daily convenience accumulates into a significant quality-of-life advantage that every occupant of an elevator building notices within the first week and never wants to lose. A dedicated cinema room. A room designed for the experience. Acoustically contained. Seated. Not a projector arrangement. Not a large television in the family lounge. A cinema room that functions as a cinema. Saturday evenings with the family that do not require going anywhere. The Champions League final that deserves more than a 65-inch screen in a room with ambient noise. The film night that becomes the recurring household ritual because the infrastructure supports it rather than forcing improvisation. Five en-suite bedrooms. Every bedroom has a private bathroom. Seven bathrooms across five bedrooms mean the household never queues. Never negotiates morning timing. Every occupant --- adult, child, guest --- operates independently from a space that is privately theirs. Eight toilets distributed across the building means the common areas and social floors are never dependent on bedroom access. A 2-room BQ --- full domestic staff infrastructure. Two separate quarters for domestic staff within the compound. For a household at this level --- where drivers, cleaners, cooks, and security staff are part of the daily operational infrastructure --- two BQ rooms mean a properly configured domestic arrangement where the staff has appropriate private accommodation and the household's spatial integrity and privacy remain intact at all times. You are not managing a compromised domestic setup. You have the infrastructure of a properly run household built into the property. Extra rooms beyond the five bedrooms. Three additional rooms --- beyond the five bedrooms and the BQ --- within the building. These are available for use as home office, gym, storage, staff utility, or flex space depending on the household's specific requirements. The extra rooms mean the building's spatial programme extends beyond the bedroom count --- giving occupants the flexibility to configure their home to their actual life rather than adapting to a fixed floor plan. Governor's Consent and Approved Building Plan --- dual documentation, both confirmed. This combination eliminates the two most common due diligence risks in Lagos premium residential property simultaneously. The Governor's Consent is the individually registered, personally named Lagos State title instrument --- the strongest individual ownership confirmation in Lagos land law. It confirms who owns the land and that the ownership is registered with the state. The Approved Building Plan confirms that the structure was built to a design that Lagos State has officially sanctioned. It eliminates the regulatory exposure that exists when a building is constructed without plan approval --- the specific risk that a structure could face a compliance challenge from Lagos State on its legality. Both documents exist. Both are available for solicitor review from the first call. There is no title conversation that this transaction cannot complete. Secured estate with good access roads. Onikoyi, Ikoyi, sits within one of the established residential estate pockets of the Ikoyi sub-zone --- gated, managed, with road access that functions consistently regardless of season. You are not navigating an unmaintained access road to reach your compound. The estate infrastructure around the building is in place and operational. 24/7 power supply. Backed by prepaid meter, borehole, and treated water. The power infrastructure is confirmed and continuous. You do not manage it. It operates. Every floor of the building has power every hour of every day, regardless of NEPA supply, regardless of your travel schedule, regardless of what the generator situation in the surrounding neighbourhood is doing. Security infrastructure --- complete and layered. Security gate. Perimeter fencing. Electric fence. Burglar proof. CCTV surveillance. Security gateman. Intercom. Fire safety. Each security layer is independently operational. The compound is protected at multiple levels simultaneously. 400sqm plot --- the correct footprint for this specification. The land accommodates the building, the indoor pool infrastructure, the BQ, the parking, and the compound with a clean, spacious configuration. Nothing is compressed. The compound functions in proportion to the building. Onikoyi, Ikoyi sits within the established residential infrastructure of the Ikoyi sub-zone. The area benefits from the same drainage heritage and elevation position that characterises Old Ikoyi's resistance to the flooding that affects lower-lying or less-managed parts of Lagos Island. Smilebay Realties does not list properties in flood-prone areas. This property in Onikoyi, Ikoyi, was assessed against that standard before listing. It passed. The call to action One property. Onikoyi, Ikoyi. Five bedrooms. Seven bathrooms. Eight toilets. 400sqm. Indoor pool. Elevator. Cinema. 2-room BQ. Extra rooms. Governor's Consent. Approved Building Plan. 24/7 power. Secured estate. ₦2.5 billion. The buyer for this property has been through enough Ikoyi viewings to recognise, immediately, what it means when every specification on the list is present in one building with both title documents confirmed. That recognition does not require a long deliberation. It requires one call. Title documentation available for immediate solicitor review. Viewing by appointment. Both Governor's Consent and Approved Building Plan available for inspection before any offer is formalised. Call or WhatsApp Smilebay Realties: +234 901 517 4801 The pool is indoors. The elevator works. The title is clean on both counts. This is the one. 5 Bedrooms --- 7 Bathrooms --- 8 Toilets --- Fully Detached --- 400sqm Plot --- Secured Estate Extra 3 Rooms --- 2-Room BQ --- Ample Parking --- Good Access Roads Indoor Swimming Pool --- Private, Year-Round, Inside the Building Elevator --- Full Vertical Access Across All Floors Cinema Room --- Dedicated, Acoustically Contained All Rooms En-Suite --- Spacious Living Area --- Fitted Kitchen --- pop Ceilings --- Built-In Wardrobes --- Tiled Floors --- Water Heater --- Guest Toilet Power: 24/7 Power Supply --- Prepaid Meter --- Borehole --- Treated Water Internet: High-Speed WiFi Security: Security Gate --- Perimeter Fencing --- Electric Fence --- Burglar Proof --- CCTV --- Security Gateman --- Intercom --- Fire Safety Title: Governor's Consent --- Individually Registered Building Documentation: Approved Building Plan --- Confirmed Both Documents Available for Immediate Solicitor Review Location: Onikoyi, Ikoyi, Lagos Price: ₦2,500,000,000 Flood-Free --- Confirmed by Smilebay Realties Pre-Listing Assessment Listed by Smilebay Realties Limited --- Ref: 3547710

Onikoyi, Ikoyi, Lagos
5 7
6-Bedroom Fully Detached Duplex
Premium
24
₦2,300,000,000

Detached duplex for sale

6-Bedroom Fully Detached Duplex

Old Ikoyi. Six Bedrooms. Three Floors. A Master Suite With Its Own Study Room. Governor's Consent. No Third Party. ₦2.3 Billion. Seven Units. Choose Yours. The problem The search for the correct Old Ikoyi home has a specific frustration that most buyers at this level have experienced at least once. It is not the price. The budget is structured. It is not the general address --- Old Ikoyi is not a question. The question is which specific property, at this price, in this neighbourhood, has the combination of floor plan, title clarity, and build quality that makes the decision permanent rather than provisional. Most listings at ₦2B and above in Old Ikoyi present one of two problems. The title has a complication --- a third-party interest, a pending consent, a family arrangement embedded in the ownership history that surfaces during due diligence and slows or kills the transaction. Or the floor plan has a compromise --- a master bedroom that functions as intended but does not include the adjacent private workspace that a principal whose professional life does not observe a hard stop requires. This development in Old Ikoyi resolves both. Governor's Consent. No third party. A master floor with a mini study room built directly into it. Seven units. ₦2.3B each. The agitation Here is what the delayed Old Ikoyi decision has cost every buyer who has been watching this market. Old Ikoyi detached duplexes at the correct specification --- six bedrooms, full floor plan, Governor's Consent, established neighbourhood --- transact in a market where supply is structurally constrained. The families who hold land in Old Ikoyi do not need to sell. The developers who build in Old Ikoyi produce limited unit counts because the land parcels are limited. The buyer who waits for perfect conditions in a supply-constrained market is waiting for conditions the market does not produce. In the NPC listings that appear alongside this development today, a 5-bedroom Old Ikoyi detached duplex is priced at ₦3.3B. Another is at ₦1.9B. This development sits at ₦2.3B for six bedrooms --- with a Governor's Consent that carries no third-party claims and a floor plan that includes a master study room that neither comparable mentions. Every month the deliberation extends, the comparable pricing context tightens and the available units in this specific development reduce. There are seven. Not seventeen. Not seventy. Seven. When the seventh unit transacts, this conversation closes permanently. The solution Seven fully detached 6-bedroom duplexes in Old Ikoyi, Ikoyi, Lagos. Each unit on its own 350sqm plot. Governor's Consent --- no third party --- on each unit. Three floors of living across a floor plan that was designed for how a senior household actually functions. Pool. Gym. BQ. 24/7 power. Fully fitted kitchen with complete appliance suite. ₦2,300,000,000. Here is the floor plan and what each level delivers: Ground Floor --- the social and operational core. Living room. Guest toilet. Kitchen. Pantry. The ground floor is where the household receives --- guests, family, business contacts, the Friday evening that starts as a small gathering and grows. The kitchen on the ground floor is fully fitted --- refrigerator, cooker, oven, extractor, and microwave all installed. You bring your chef and your groceries. The kitchen infrastructure is complete. The pantry provides the storage that a fully functioning household kitchen requires. The guest toilet means no guest enters the private residential floors for a bathroom. The ground floor functions as a complete social unit --- self-contained and correctly equipped. First Floor --- the family residential tier. Family lounge. Four en-suite bedrooms. The first floor is the residential interior of the home --- the floor where the household lives its private daily life. The family lounge creates a gathering space separate from the ground floor social areas --- the distinction between where guests are entertained and where the family is at ease is architectural, not dependent on instruction. Four en-suite bedrooms mean four household members each have a private bathroom. No morning scheduling. No shared bathroom timing. Each room operates independently from the others. Second Floor --- the master suite and the study. The most thoughtfully designed floor in this development. A spacious en-suite master bedroom with a balcony. A walk-in closet. A mini study room built directly adjacent to the master bedroom. One additional en-suite bedroom on this floor. The mini study room on the master floor is the feature that most Old Ikoyi listings at this price point do not offer and that most buyers at this level need most. For the senior professional whose responsibilities do not observe a hard stop at 6 PM --- whose phone rings at 9 PM, whose deal requires a document review before the morning call, whose board paper needs an annotation at 11 --- the choice is normally between a dedicated home office three floors away from the bedroom and a laptop on the bed. The mini study room eliminates that choice. The workspace is on your floor, adjacent to your bedroom, private, functional, and separate from the bedroom itself. This is the architectural decision that serves the professional life of whoever lives in this home every working day of their occupancy. The master bedroom has a balcony. From the top floor of a detached duplex in Old Ikoyi, the balcony offers the neighbourhood view that this address is known for --- the tree canopy, the residential quiet, the Ikoyi skyline context that no other Lagos neighbourhood produces in the same way. BQ --- separate domestic staff quarters. Your household's domestic staff has dedicated private accommodation within the compound. Your home's spatial flow and your family's privacy remain intact permanently. The domestic infrastructure works without entering your residential floors. Swimming pool. In the compound. Available daily. The Sunday morning, the holiday week, the Saturday your children have nowhere else to go --- resolved permanently by the pool in your own compound. Not a booking system. Not a shared schedule. Yours. Gym. In the development. The fitness infrastructure is available without leaving the address. Before the 7 AM call. After the 9 PM return. The membership you pay elsewhere --- replaced by the gym in the building you own. 24/7 power supply. Confirmed. Backed by a prepaid meter, borehole, and treated water. The power infrastructure is managed at the building level. You do not manage fuel schedules. You do not coordinate generator refills. The power is on. Every time. Including the evenings you arrive depleted and need the apartment to simply work without requiring anything from you. Security --- layered and comprehensive. Security gate. Perimeter fencing. Electric fence. Burglar proof. CCTV surveillance. Security gateman. Intercom. Fire safety. Each layer operates independently. The compound security does not depend on any single point of vigilance. When you travel --- and at your level, you do --- the family remains inside a genuinely secured perimeter with multiple independent security systems operational simultaneously. Governor's Consent --- no third party. This is the title statement that decides whether Old Ikoyi transactions complete cleanly or stall in due diligence. Governor's Consent is the individually registered, personally named Lagos State title instrument --- the strongest individual ownership confirmation in Lagos land law. No third party means the title carries no encumbrances, no family interest, no co-claimant, no pending legal arrangement that could complicate or delay the transfer. Your solicitor verifies it. The chain is clean. The transfer completes. This is the correct title for a ₦2.3B transaction on Old Ikoyi land and it is confirmed on every one of the seven units. 350sqm per unit --- each unit on its own plot. The compound is sized correctly for the building, the pool, the parking, the BQ, and the outdoor infrastructure. Clean. Spacious. Proportionate. Old Ikoyi does not flood. The original planned residential infrastructure of Ikoyi --- including the drainage systems, road grading, and land elevation of Old Ikoyi --- has managed Lagos rainfall consistently for decades. The established drainage heritage of this sub-zone places it firmly outside every flood risk category relevant to Lagos residential property. Smilebay Realties does not list properties in flood-prone areas. This development in Old Ikoyi was assessed against that standard before listing. It passed. The call to action Seven units. Old Ikoyi. Six bedrooms. Three floors. Master study room. Pool. Gym. BQ. 24/7 power. Governor's Consent with no third party. ₦2.3B per unit. This is a short list of buyers. You have the capital structured or your financing is confirmed. You are not forming your view of Old Ikoyi for the first time. You understand what Governor's Consent with no third party means for your due diligence timeline. You have a specific vision for a six-bedroom Old Ikoyi detached duplex that includes a private workspace on the master floor --- and until this listing, you had not found one that included it. One call. Title documentation available immediately. Viewing by appointment. Call or WhatsApp Smilebay Realties: +234 901 517 4801 Seven units. Old Ikoyi. Governor's Consent. No third party. When the seventh unit transacts, this listing closes permanently. 6 Bedrooms --- 7 Bathrooms --- 8 Toilets --- Fully Detached --- 3 Floors --- 350sqm Plot Serviced Development --- Clean and Spacious Compound Ground Floor: Living Room --- Fully Fitted Kitchen (Fridge, Cooker, Oven, Extractor, Microwave) --- Pantry --- Guest Toilet First Floor: Family Lounge --- 4 En-Suite Bedrooms Second Floor: Spacious En-Suite Master Bedroom with Balcony --- Walk-In Closet --- Mini Study Room --- 1 En-Suite Bedroom BQ --- Swimming Pool --- Gym --- Ample Parking --- Outdoor Lighting Air Conditioning --- pop Ceilings --- Built-In Wardrobes --- Tiled Floors --- Water Heater Power: 24/7 Power Supply --- Prepaid Meter --- Borehole --- Treated Water Internet: High-Speed WiFi Security: Security Gate --- Perimeter Fencing --- Electric Fence --- Burglar Proof --- CCTV --- Security Gateman --- Intercom --- Fire Safety Title: Governor's Consent --- No Third Party --- Each Unit Plot Size: 350sqm per unit Total Units Available: 7 Old Ikoyi, Ikoyi, Lagos Price: ₦2,300,000,000 per unit Flood-Free --- Confirmed by Smilebay Realties Pre-Listing Assessment Listed by Smilebay Realties Limited --- Ref: 3547698

Old Ikoyi, Ikoyi, Lagos
6 7
2 Bedrooms Terraced Duplex
Premium
10
₦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 Carcass Apartment
Premium
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
Newly Built 5-Bedroom Semi-Detached Duplex Cowrie Creek Estate
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 6
833SQM Land
Premium
1
₦950,000,000

Residential land for sale

833SQM Land

The semi detached duplexes in Cowrie Creek Estate Are Selling at ₦1,300,000,000 This Is the Land They Were Built On. Two Plots. Two Title Positions. One Estate. Fully Serviced. 24-Hour Power. 24-Hour Security. Build Yours. The problem There is a specific calculation that the serious Lagos property buyer eventually makes --- usually late at night, usually after another rent renewal conversation, usually when the number of years they have been watching the Lekki corridor appreciate finally becomes too uncomfortable to ignore. The calculation is this: The finished property you want to own costs X. The land it sits on was acquired at a fraction of X. The difference between those two numbers is the developer's margin --- and every buyer of a finished unit pays it on exit rather than capturing it on entry. In Cowrie Creek Estate, Ikate, that calculation is not theoretical. It is documented, verified, and currently visible on the market. semi detached duplexes in this estate are selling at ₦1,300,000,000 They were built on land. That land was acquired before the build. The buyer of the finished duplex pays the land cost plus the construction cost plus the developer's margin --- all baked into the ₦950M asking price. This listing is the land before all of that happens. Two plots. Cowrie Creek Estate. Spar Road. Ikate. Lekki. Both backed by the estate's Global Certificate of Occupancy. 24-hour power. 24-hour security. The agitation Here is what the Ikate-Lekki corridor has done to the patience of every buyer who has been watching it from the outside. Cowrie Creek Estate is not an emerging address. It is not a corridor you are betting on. It is a named, gated, established residential estate on Spar Road, Ikate --- one of the most consistently referenced premium estate addresses in the Lekki sub-corridor. The infrastructure exists. The resident profile is defined. The price trajectory has been moving in one direction. The professionals who entered this estate as land buyers --- before the current cycle of ₦950M finished duplexes defined the exit value --- did not have information you do not have. They saw what you are looking at now. They acted. The professionals who are buying the finished duplexes at ₦950M are paying the price that includes what those early land buyers have already made. Meanwhile, the buyer who defers this decision continues to rent. Continues to absorb annual increases from a landlord who understands the leverage better than any corporate negotiation manual explains it. Continues to watch the Cowrie Creek Estate price floor move upward while the deliberation extends. Two plots are available right now --- 833sqm at ₦950M and 800sqm at ₦900M. Both inside a fully serviced estate. Both backed by the Cowrie Creek Global C of O that covers the entire estate. The 833sqm has already been individually upgraded to Governor's Consent. The 800sqm carries a Deed of Assignment on the Global C of O foundation --- perfectible to Governor's Consent post-purchase. The margin between acquisition and exit is visible, documented, and narrowing with every month these plots stay on the market. The solution Two plots of bare residential land in Cowrie Creek Estate, Spar Road, Ikate, Lekki. Fully serviced estate with 24-hour power and 24-hour security. Both plots backed by the Global C of O that covers every parcel in Cowrie Creek Estate. Choose your size, your title position, and your entry point. Here is the full picture on each: Option one --- 833sqm at ₦950,000,000 --- governor's consent The larger plot. The stronger individual title. 833sqm of bare land inside Cowrie Creek Estate with a fully registered Governor's Consent. At ₦950M, the per-sqm rate is approximately ₦1,140,600. Every plot in Cowrie Creek Estate is backed by the estate's Global Certificate of Occupancy --- the master title instrument issued by Lagos State covering the entire estate. The 833sqm plot has gone one step further. Governor's Consent has already been obtained on this individual plot, meaning the title has been individually registered in the name of the current owner by the Lagos State government. There is no upgrade process for the buyer to initiate. The title work is done. Your solicitor verifies it. The transaction proceeds. This is the cleanest individual title position available in Cowrie Creek Estate land --- the estate Global C of O as the foundation and Governor's Consent on the individual plot as the registered superstructure. 833sqm gives your architect the widest footprint in this two-plot offering. More buildable area. More compound depth. More outdoor infrastructure. More design flexibility. For the developer building to the standard this estate exits at --- or the end-user whose home vision requires space rather than compromise --- the 833sqm is the plot. Option two --- 800sqm at ₦900,000,000 --- deed of assignment + Global C of O The slightly smaller plot. The earlier title stage. 800sqm of bare land in Cowrie Creek Estate with a Deed of Assignment backed by the estate's Global Certificate of Occupancy. At ₦900M, the per-sqm rate is approximately ₦1,125,000. Cowrie Creek Estate carries a Global C of O that covers every plot within it. This is the master title instrument issued by Lagos State over the entire estate --- state-registered, institutionally confirmed, traceable directly to the Lagos State government as the single title authority. Every parcel in the estate derives its title security from this instrument. The Deed of Assignment on the 800sqm plot traces directly back to that Global C of O --- giving the buyer a short, clean, verifiable title chain that terminates at the state government. Governor's Consent is the post-purchase upgrade available to the final buyer. With a Global C of O as the master instrument and a Deed of Assignment as the individual conveyance, the Governor's Consent application is the straightforward Lagos Land Registry process that converts the estate-level title into an individually registered title in the buyer's name. Your solicitor handles it. The documentary foundation --- the Global C of O --- is already the strongest available. The upgrade is a step, not a hurdle. At ₦900M for 800sqm in the same estate where the 833sqm carries Governor's Consent at ₦950M --- the ₦50M difference buys you the title stage already completed on the larger plot, or it represents your Governor's Consent application budget on the smaller one. Either way, the estate, the infrastructure, the exit comparables, and the development opportunity are identical between both plots. What both plots share: Cowrie Creek Estate, Spar Road, Ikate, Lekki --- the established, gated residential estate whose price credibility is publicly demonstrated by the finished semi detached duplexes currently transacting within it at ₦1,300,000,000. 24-hour power at estate level. You are not buying land in an unserviced environment dependent on personal generator management. The estate's power infrastructure is operational. It serves the environment your plot sits in from day one. 24-hour security at estate perimeter level. Professional, continuous, managed security across the entire estate --- not compound-specific. Your land and the building you put on it sit inside a managed security environment through construction and thereafter. Fully serviced estate management. The estate functions as a community. Roads, common areas, and shared infrastructure are maintained. You are buying into an environment that works, not one you are expected to manage. The exit value is already on the market in the same estate. semi detached duplexes in Cowrie Creek Estate are currently listed at ₦1,300,000,000. These properties are viewable. Their price is documented. The arithmetic between land acquisition at ₦900M or ₦950M plus construction cost and the finished property exit value at ₦950M and above is the developer's calculation. It is available to every buyer who calls. Cowrie Creek Estate, Spar Road, Ikate does not flood. The estate's established drainage infrastructure and its managed position within the Ikate residential corridor place it firmly outside the flood-risk zones that affect less-managed or lower-lying parts of the broader Lekki peninsula. Smilebay Realties does not list properties in flood-prone areas. Both plots in Cowrie Creek Estate were assessed against that standard before listing. Both passed. Your acquisition here is protected from the rainy-season risk that erodes asset value and daily habitability in flood-affected Lagos addresses. The call to action Two plots. One estate. Two title positions. One agent. The buyer for the 833sqm at ₦950M wants the largest footprint with the cleanest individual title --- Governor's Consent already obtained, no upgrade required, solicitor review starts today. The buyer for the 800sqm at ₦900M wants the same estate, the same infrastructure, the same exit comparables --- at a ₦50M lower entry point, with a Global C of O foundation and a Governor's Consent upgrade path already defined. Both conversations start with the same call. Title documentation available for immediate solicitor review on both plots. Site visits arranged this week. Call or WhatsApp Smilebay Realties: +234 901 517 4801 The duplexes in this estate are selling at ₦950 million. This is the land. Build the asset. Capture the margin. Own the address. Option one: 833sqm Bare Land --- Cowrie Creek Estate, Spar Road, Ikate, Lekki, Lagos Price: ₦950,000,000 (approximately ₦1,140,600 per sqm) Title: Governor's Consent --- Individually Registered Estate Backing: Global Certificate of Occupancy covering entire Cowrie Creek Estate option two: 800sqm Bare Land --- Cowrie Creek Estate, Spar Road, Ikate, Lekki, Lagos Price: ₦900,000,000 (approximately ₦1,125,000 per sqm) Title: Deed of Assignment backed by Global Certificate of Occupancy Governor's Consent: Perfectable post-purchase by final buyer both plots: Estate: Cowrie Creek Estate --- Fully Serviced --- 24-Hour Power --- 24-Hour Security Flood-Free --- Confirmed by Smilebay Realties Pre-Listing Assessment Exit Comparable: Finished semi detached duplexes in Same Estate Currently Listed at ₦1,300,000,000 Ready to Build --- Bare Land Listed by Smilebay Realties Limited --- Ref: 3127023

Cowrie Creek Estate, Spar Road, Ikate, 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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