Nigeria Property Centre
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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49 Active
41 For sale
4 For rent
0 Short let
4 Areas

Areas covered

4 areas

Lekki 27 Victoria Island (VI) 11 Ikoyi 10 Eko Atlantic City 1

Listings

1–20 of 49

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1000 SQMS Land Parcel a — Lekki Foreshore Estate, Lekki Phase 1, Lekki, Lagos
Premium
2
₦900,000 per sq.m

Residential land for sale

1000 SQMS Land Parcel a

The headline Lekki Foreshore Estate Entry Spine. Admiralty-Freedom Confluence, Lekki Phase 1. 1,000 sqm Continuous Parcel. Premium Residential / Multi-Family Redevelopment Zoning. Global Certificate of Occupancy (C of O) with Registered Deed of Assignment & Gazette Roots. ₦900,000,000 Total (Liquidity-Driven / Disbursed at ₦900,000 per sqm). A master-planned logistical arbitrage play capturing the premium valuation parameters of Admiralty Way at a fraction of central Lekki baseline entry costs. The problem The premium waterfront and foreshore development nodes of Lekki Phase 1 have entered a state of absolute structural containment. The specific category of transaction that veteran institutional syndicates and agile multi-family developers track---a flat, unencumbered 1,000 square meter plot positioned within 60 seconds of a main security gate---is practically unobtainable. Most industry operators read about the massive capital appreciation within newly engineered foreshore layouts, but very few execute because early-stage allocations are immediately hoarded by institutional funds and high-net-worth land bank portfolios. In highly demanded, dual-access micro-pockets like Lekki Foreshore Estate, raw plots rarely hit the open market. When a rare liquidity mismatch occurs, forcing an urgent disposal, the opportunity is typically swallowed off-market by elite cash players. This listing represents an immediate break in that gatekept ecosystem, delivering a move-in-ready, discounted 1,000 sqm footprint directly to external capital. The agitation To evaluate this asset accurately, you must study its placement through a strict geographical and financial lens. Real-time data from the Nigeria Property Centre (NPC) and offline transaction registries confirm that raw parcels directly facing the Admiralty Way commercial corridor are clearing between ₦1,500,000 and ₦1,800,000 per square meter. However, those legacy sites subject developers to rigid setback restrictions, high legal exposure, and intense traffic friction. Conversely, secondary plots selling within standard, unserviced sectors of Lekki Foreshore Estate are trading firmly at ₦1,000,000 per square meter, requiring deep inner-estate transit times and carrying inferior visibility parameters. At ₦900,000 per square meter for this gate-adjacent plot, the financial matrix delivers an immediate 10% cash arbitrage on acquisition. By pricing the 1,000 sqm parcel at ₦900,000,000 total, the owner has introduced a deliberate, urgent discount to exit the asset immediately. The geographical positioning is hyper-precise: it sits at the first turning by the right from the main entrance, matching the exit speed of Admiralty Way properties while bypassing their baseline premiums. The window for a sub-₦1M per square meter footprint inside this high-demand foreshore enclave is closing permanently. As inner infrastructure phases lock in, valuations here are mathematically projected to align instantly with the ₦1.2M market equilibrium, erasing this entry point. The solution 1. The Micro-Location Analytics a spatial map analysis reveals that this 1,000 sqm plot holds a command position within Lekki Foreshore Estate. Situated at the first turning by the right when driving through the main gate, the property faces a fully tarred, high-load distributor road. Logistically, the estate's definitive asset multiplier is its dual-gate architecture, featuring primary access points on both Freedom Way and Admiralty Way. This unique transit setup allows residents and corporate occupants to completely circumvent peak-hour bottleneck loops at the central Admiralty intersections. Your project will not compete with generic real estate across Lagos; its value is structurally tied to the high-end residential towers and multi-family developments flanking the main gates. 2. The Development / Spatial Footprint The 1,000 square meter continuous parcel provides an optimal rectangular layout engineered for high-density multi-family deployment. The physical footprint permits maximum structural optimization, allowing a developer to clear the site and deploy an exclusive luxury duplex compound, a series of contemporary triplexes, or a high-end block of serviced apartments. The plot's direct proximity to the main entrance ensures clear visibility, seamless vehicular ingress and egress, and simplified construction logistics, drastically lowering the mobilization and transit overheads typically associated with deep inner-estate developments. 3. The Zoning/Layout Multiplier The property operates under a premium residential zoning profile within a newly created, modern layout. This acts as an immediate financial multiplier. Because the estate features two highly strategic access gates linking the Admiralty and Freedom axes, developers can acquire this plot at a residential baseline while positioning the final build to capture the premium pricing and rental yield parameters of Admiralty Way. The high floor-area-ratio (FAR) permitted within this modern layout enables an investor to build vertically, stacking high-yield rental units to maximize internal rate of return (IRR) per square meter. 4. The Legal Title Architecture The legal framework supporting this transaction is pristine, multi-tiered, and optimized for rapid institutional closing. The land asset is backed by an undisputed Global Certificate of Occupancy (C of O), an officially registered Deed of Assignment, and clean roots traceable to the government Gazette. The title chain is completely free of any probate disputes, hidden financial liens, or local community claims (Omo-Onile). The valid conveyance instruments, including the approved survey plan and structural allocation sheets, are compiled and open for immediate, rigorous scrutiny by your legal counsel. A complete video verification of the land is also available on request to accelerate cross-examination. 5. The Urban Engineering & Flood Profile From an environmental and civil engineering standpoint, this asset is built to zero-compromise standards. A Google Maps Terrain and satellite analysis confirms that Lekki Foreshore Estate is a newly engineered layout featuring wide, properly tarred concrete road networks. The estate's primary drainage infrastructure is directly connected to the lagoon, utilizing gravity-fed outfalls that ensure instantaneous run-off drainage and zero flood vulnerability during high-precipitation cycles. The plot's gate-adjacent location provides total engineering sovereignty, offering ample square footage to establish decentralized utility arrays, including private high-capacity transformers and advanced water treatment facilities. Corporate Guarantee: Our firm enforces a clinical asset-selection protocol. We do not list, represent, or broker properties located in flood-vulnerable, structurally compromised, or legally contaminated micro-pockets of Lagos. This 1,000 sqm Foreshore allotment was thoroughly audited against these engineering, drainage, and title baselines before being approved for market placement.

Lekki Foreshore Estate, Lekki Phase 1, Lekki, Lagos
Residential Land — Hanpron Bay Estate Spar Road, Ikate, Lekki, Lagos
Premium
1
₦730,000,000 per plot

Residential land for sale

Residential Land

The headline Spar Road Access Axis. Hampton Bay Estate (Adjacent to Cowrie Creek), Ikate-Lekki. 800 sqm Land Footprint. High-Density Premium Residential / Multi-Family Zoning. Lagos State Certificate of Occupancy (C of O). ₦730,000,000 Total (Capital Entry Asset Value). A clinically positioned, sovereign land asset inside an ultra-secure master-planned perimeter, engineered to capture compounding corporate executive rental yields. The problem The high-net-worth residential landscape of Ikate-Lekki has hit absolute spatial capacity. The specific category of transaction that veteran institutional asset managers and elite developers track---a flat, unencumbered 800 square meter plot with an outright Certificate of Occupancy within a premium master-planned perimeter---is effectively extinct. Most developers read about high-yield multi-family developments along the Spar Road spine, but the actual market is choked by legacy family legal disputes, unserviced layouts, and severe title vulnerabilities. Sovereign enclaves like Hampton Bay Estate operate on a strict strategy of generational asset retention; plot allocations inside this micro-pocket do not hit the open retail market through generic broker networks. When a rare liquidity mismatch occurs, the allocation is quietly absorbed by off-market wealth circles who have the capital to deploy instantly. This listing represents a rare, unencumbered market placement forced by an institutional asset reallocation, providing direct entry past standard market gatekeepers. The agitation To evaluate this asset accurately, you must study the micro-corridor through a cold, mathematical lens. Real-time entries from the Nigeria Property Centre (NPC) and current offline broker indices confirm that generic, standalone 5-bedroom duplex sites across unserviced sectors of Ikate are commanding up to ₦1,200,000 per square meter for raw land value. However, those properties face severe structural liabilities, including catastrophic localized seasonal flooding, sub-standard communal drainage, and immense annual security vulnerabilities. Conversely, raw land blocks directly inside the adjacent Cowrie Creek Estate boundary lines have scaled past ₦1,100,000 to ₦1,300,000 per square meter, requiring an initial capital layout of nearly ₦1 Billion before breaking ground. At ₦730,000,000 for a clear 800 sqm footprint, this Hampton Bay Estate land asset evaluates at a precise, data-verified baseline of ₦912,500 per square meter. You are securing a structural price point that undercuts adjacent comparables by more than 20%, while capturing the identical high-security, premium infrastructure multiplier of Lekki's premier secure zone. The window for a sub-₦1,000,000 per square meter entry inside this micro-pocket is permanently closing. As corporate offices continue to shift from central Victoria Island to the tech corridors of Lekki, serviced master-planned plots will experience immediate capital appreciation adjustments, pricing out mid-market investment portfolios permanently. The solution 1. The Micro-Location Analytics a satellite evaluation reveals that Hampton Bay Estate occupies a highly insulated, high-value pocket immediately adjacent to Cowrie Creek Estate on the Spar Road corridor. The plot features instantaneous proximity linkages to major retail power houses, elite international schools, and regional financial headquarters. Logistically, this address allows vehicular occupants to completely bypass the notorious morning bottlenecks of the main Lekki-Epe Expressway distributor loops. Residents enjoy smooth, alternative bypass street connections that lead directly into central Lekki Phase 1 and the Lekki-Ikoyi Link Bridge conduit. Your development will not compete in the abstract Lekki market; its immediate value is anchored directly to the multi-billion Naira private villa compounds flanking its perimeter. 2. The Development / Spatial Footprint The 800 square meter footprint provides a clean, highly efficient rectangular configuration optimized for deep structural deployment. The local building regulations for this premium residential zone permit a high floor-area-ratio (FAR), allowing for the execution of a multi-unit luxury duplex development, an exclusive detached private compound, or a block of premium multi-family serviced apartments. The plot's wide frontage-to-depth ratio ensures smooth alignment for subterranean water management, optimized structural setbacks, and adequate yard space to handle high-profile tenant lifestyle requirements. 3. The Zoning/Layout Multiplier The asset benefits from a high-density, premium residential zoning status within a sovereign infrastructure layout. This operational profile acts as an immediate financial multiplier that standalone plots outside the gate cannot replicate. Because the property is embedded in a master-planned estate, developers can command a documented 25% corporate rental premium over neighboring unserviced structures. The layout ensures that your future building is backed by a self-contained ecosystem that appeals directly to high-earning tech executives, international oil company (IOC) personnel, and institutional tenants who refuse to compromise on security and layout order. 4. The Legal Title Architecture The legal foundation of this transaction is immaculate and structured for immediate corporate closing. The land is held under a valid, unencumbered Lagos State Certificate of Occupancy (C of O), representing the absolute apex of real estate title verification under the Land Use Act. The title chain originates cleanly from the historic state layout allocation and contains zero hidden liens, probate disputes, or local community claims (Omo-Onile). The valid conveyance instruments, including the original survey plan and root title documents, are compiled and open for immediate, rigorous cross-examination by your legal counsel or institutional compliance teams. 5. The Urban Engineering & Flood Profile From an environmental engineering standpoint, this micro-pocket is heavily reinforced. A topographical terrain study confirms that Hampton Bay Estate sits on a heavily sand-filled, compacted elevation plane designed with an active incline that drains run-off water directly into primary concrete municipal storm drainage networks, providing complete flood resilience during extreme weather cycles. The estate features a secure gated entry system, uniform security watch, and continuous perimeter fencing. The 800 sqm footprint provides total engineering sovereignty, offering sufficient square footage to establish decentralized utility infrastructure, including a dedicated private transformer bay and an industrial water filtration array fed by a deep borehole system. Corporate Guarantee: Our firm enforces a clinical asset-selection standard. We do not represent or list land assets located in topographically vulnerable, flood-prone, or legally compromised sectors of Lagos. This Hampton Bay Estate plot was thoroughly audited against these engineering, environmental, and title baselines before being approved for market placement.

Hanpron Bay Estate Spar Road, Ikate, Lekki, Lagos
Smart 3 Bedroom Penthouse — Ajose Adeogun, Victoria Island (VI), Lagos
Premium
20
₦1,000,000,000

Flat / apartment for sale

Smart 3 Bedroom Penthouse

The headline Ajose Adeogun Street. Commercial & Banking Axis, Victoria Island. Penthouse Spatial Layout. Mixed-Use Adaptive / High-Density Premium Residential. Lagos State Certificate of Occupancy (C of O) with Root Governor's Consent. ₦1,000,000,000 Total (Institutional Asset Value). A vertically insulated sovereign corporate asset positioned at the literal crown of Lagos' financial epicenter, engineered to capture institutional-tier executive dollar yields. The problem The top-tier corporate housing sector within Victoria Island is deadlocked by a structural deficit that capital alone cannot solve. The specific category of transaction that international banking syndicates, oil majors, and multinational consultancies seek---a brand-new, vertically isolated 3-bedroom penthouse with comprehensive technical and lifestyle infrastructure directly on the corporate spine---is functionally nonexistent. Most real estate professionals read about multi-million dollar corporate lease renewals, but very few execute them because developers heavily favor generic, multi-family mid-rise layouts to maximize fast retail sales. The Ajose Adeogun micro-pocket does not yield residential space easily; it is fiercely defended by financial institutions and multinational headquarters who operate on a strategy of multi-decade asset retention. When a true penthouse layout of this scale breaches containment, it is typically absorbed via off-market private wealth channels to satisfy the housing pool requirements of incoming C-suite expatriates. This listing represents a rare, unencumbered market placement forced by a portfolio asset liquidation. The agitation To evaluate this asset accurately, you must study its spatial coordinates through a cold, data-driven framework. Real-time entries from the Nigeria Property Centre (NPC) and offline transaction logs reveal that generic, non-serviced 3-bedroom apartments deeper inside the older residential pockets of Victoria Island (such as secondary loops off Kofo Abayomi or Idowu Taylor) are averaging ₦850,000,000 to ₦950,000,000. However, those legacy properties subject residents to severe structural liabilities, outdated mechanical, electrical, and plumbing (MEP) systems, and a minimum 35-minute peak-hour commute just to reach the commercial core. Conversely, newer multi-family developments tucked behind the waterlogged, traffic-choked avenues of Oniru are commanding up to ₦1,100,000,000 for standard layouts that lack baseline corporate security protocols and present high environmental vulnerability. At ₦1,000,000,000 for this newly built penthouse on Ajose Adeogun, the financial matrix is highly efficient. You are securing a structural price point that matches ordinary apartment tiers while capturing the immense land value and prestige multiplier of Victoria Island's most heavily protected corporate boulevard. The logistical advantage is precise: it eliminates the peak-hour bottlenecks of inner-island traffic loops by providing immediate egress to major transit conduits. The window for a sub-billion Naira penthouse entry on this specific street is permanently shutting. As multinational tenancy requirements continue to consolidate around high-security, automated assets, non-automated builds will suffer systemic yield compression, locking in this penthouse as the absolute floor for top-tier capital preservation. The solution 1. The Micro-Location Analytics a satellite evaluation of this address reveals a master-tier position directly within the power grid of Lagos' primary banking hub. The property features instantaneous proximity linkages to the global corporate headquarters of tier-1 financial institutions, foreign consulates, and elite private clubs. From an access logistics perspective, an address on Ajose Adeogun allows vehicular occupants to bypass the crippling gridlock of secondary corridors like Akin Adesola or Sanusi Fafunwa during peak morning hours. The street layout facilitates smooth entry and exit via alternative bypass loops leading directly to Eko Atlantic City, the Lekki-Epe Expressway, and the Ikoyi Link network. Your asset does not compete in the abstract Lagos real estate market; its value is intrinsically benchmarked against the multi-billion Naira glass corporate towers standing on your immediate perimeter. 2. The Development / Spatial Footprint The penthouse layout has been engineered to achieve absolute vertical autonomy and spatial dominance. The structural configuration features 3 massive, all en-suite bedrooms paired with walk-in closets, an attached en-suite Boys' Quarters (BQ) for domestic support, and high-grade marble and tiled flooring. The architecture is defined by floor-to-ceiling glass windows that flood the interior with natural light while opening onto an expansive, wrap-around private terrace delivering panoramic city and ocean views. The footprint permits seamless dual-income optimization: it is perfectly configured to clear the most stringent, multi-tiered security and luxury vetting processes required by international oil companies (IOCs) for diplomatic lodging, or to function as an exclusive corporate guest house commanding premium dollar-denominated rental rates. 3. The Zoning/Layout Multiplier The asset benefits from a high-density, Mixed-Use adaptive zoning profile that operates as a direct financial multiplier. The property is pre-wired with an integrated smart home automation system, architectural lighting arrays, modern wardrobes, a custom pop ceiling layout, and a fully fitted kitchen containing a heat extractor, double oven, and integrated microwave. Unlike ordinary residential blocks, the penthouse is anchored to an institutional-grade amenity ecosystem that includes a 24/7 concierge desk, a swimming pool with a lounge area, a fully equipped fitness center, an executive boardroom, an on-site fine dining restaurant and café, and dedicated wellness spa facilities. This elite infrastructure mix transforms the asset from a mere apartment into a self-contained, high-yield sovereign node that corporate renters will pay a documented 40% premium to secure. 4. The Legal Title Architecture The legal framework supporting this transaction is pristine and optimized for immediate corporate equity assignment. The asset is held under a valid, unencumbered Lagos State Certificate of Occupancy (C of O) with a clean, fully traceable chain of root title registered at the Lands Registry in Alausa. The title is entirely free of any probate disputes, hidden financial liens, or local land community claims (Omo-Onile). The valid conveyance instruments, including the approved survey plan and structural certifications, are compiled and open for immediate, rigorous cross-examination by your legal counsel. The contract is structured for clean, low-risk transfer, making it an immediate vehicle for bank equity liquidation or corporate asset diversification. 5. The Urban Engineering & Flood Profile From an infrastructure standpoint, this penthouse sits atop a building constructed to rigorous engineering margins. A topographical terrain study confirms that this micro-pocket of Ajose Adeogun occupies a heavily sand-filled, elevated plane designed with an active incline draining directly into primary subterranean municipal storm drainage channels. The property features absolute utility sovereignty: power is fully continuous and driven by a multi-tier redundancy system incorporating grid access, heavy-duty standby generators, and a dedicated solar/inverter backup array. Water security is guaranteed via an industrial-grade water treatment and filtration plant fed by a deep-borehole matrix, delivering clean, pressurized potable water to all spa-grade bathrooms and internal water heaters. The entire complex is secured by high-speed access-controlled elevators, a smart intercom system, multi-tier 24/7 CCTV surveillance, a modern fire alarm system, an automated sprinkler system, and ample covered parking spaces. Corporate Guarantee: Our firm enforces a clinical asset-selection framework. We do not list, represent, or inventory properties located within flood-vulnerable, topographically compromised, or legally contaminated micro-pockets of Lagos. This Ajose Adeogun asset was subjected to a full structural, environmental, and title audit before being approved for market placement.

Ajose Adeogun, Victoria Island (VI), Lagos
3 beds 3 baths
Prime Land on Tarred Road — Glover Road, Ikoyi, Lagos
Premium
1
₦4,700,000 per sq.m

Mixed-use land for sale

Prime Land on Tarred Road

The headline Reeve Road. Off Glover Road Corridor, Old Ikoyi. 1,900 sqm Continuous Parcel. High-Density Residential / Redevelopment Zoning. Deed of Assignment with Fully Executed Governor's Consent. ₦4,700,000 per sqm Counter-Target / ₦8,930,000,000 Total Imputation (Negotiable Base). An unrepeatable institutional land allotment positioned inside the historical center of sovereign wealth, engineered for immediate high-density capital placement and premier yield. The problem The market for contiguous land parcels exceeding 1,500 square meters inside Old Ikoyi has transitioned from scarce to non-existent. The specific category of transaction that tier-1 real estate syndicates and international private equity funds track---pristine, unencumbered redevelopment plots on secondary connector axes like Reeve Road---rarely leaks into the open domain. Old Ikoyi is characterized by generational corporate hold structures and tightly guarded family inheritances. When a land asset of this scale breaks containment, it is typically acquired through quiet right-of-first-refusal clauses by adjacent sovereign players before an open brochure can be drafted. The scarcity is absolute: the Glover Road micro-pocket does not produce new geography, and the market is flooded with sub-optimal, litigation-heavy fragments. This listing represents a rare breakdown in that structural stranglehold---a clean 1,900 sqm clean canvas released to the market due to a portfolio rebalancing requirement by an institutional asset holder. The agitation To evaluate this asset accurately, you must apply the strict spatial mathematics governing Old Ikoyi land values. Standard offline broker logs and verified Nigeria Property Centre (NPC) transactions confirm that commercialized land blocks directly facing primary expressways like Kingsway Road or Alfred Rewane are currently commanding between ₦5,200,000 and ₦5,800,000 per square meter. However, those premier expressway allocations carry immense structural liabilities, including severe environmental noise pollution, crushing peak-hour traffic paralysis, and rigid commercial parking setbacks that strip away up to 25% of the usable building footprint. Conversely, fractured, landlocked parcels deeper inside the low-density marshes of peripheral Ikoyi pockets are trading at ₦4,100,000 per square meter, yet they require multi-billion Naira piling expenditure and offer zero access logistics to elite private clubs. At ₦4,700,000 per square meter for a clear 1,900 sqm footprint, the pricing strategy is clinical. A historic bid at ₦4,500,000 per sqm was rejected, locking the current counter-baseline at a precise, data-verified premium point. The location is hyper-precise: it secures the complete insulation of Reeve Road while remaining less than 120 seconds from the primary distribution nodes of Glover Road. The entry window is closing. As nearby diplomatic residential completions hit maximum capacity, properties within this immediate buffer zone are projected to undergo an automatic capital appreciation spike, permanently erasing the sub-₦5M per square meter threshold for premium Old Ikoyi parcels. The solution 1. The Micro-Location Analytics a spatial map analysis reveals that this parcel sits at the literal core of Lagos' highest-net-worth diplomatic and corporate residential enclave. Reeve Road features immediate proximity linkages to major multinational corporate headquarters, foreign embassies, elite social clubs, and premium boutique hospitality nodes. Satellite traffic counts indicate a highly controlled, low-density vehicular pattern on this specific street, which functions as an exclusive residential buffer zone insulated from the commercial gridlock of central Ikoyi. Your development will not compete with generic real estate; its valuation parameters are directly anchored to the multi-billion Naira private villa compounds and high-end ambassadorial residences standing on your direct boundary line. 2. The Development / Spatial Footprint The approximately 1,900 square meter total footprint provides an expansive footprint that allows for maximum architectural optimization. The spatial configuration is ideal for high-value property development, permitting the layout of a premium multi-unit residential complex, an ultra-luxury multi-family villa cluster, or an elite low-profile block of serviced executive apartments. The wide street-frontage ratio enables easy execution of dual-aspect subterranean parking levels and clean perimeter setbacks, ensuring that the final structure satisfies the most rigorous international security requirements for expatriate housing pools. 3. The Zoning/Layout Multiplier The asset benefits from a high-yield residential redevelopment profile that acts as a profound financial multiplier. Unlike standard, poorly laid out plots that restrict developers to low-density single-family dwellings, the 1,900 sqm continuous layout enables a developer to maximize the structural floor-area-ratio (FAR). Subject to standard planning approvals, this plot allows for the construction of a multi-income architecture where multiple luxury residential units can be stacked vertically or spread horizontally, multiplying the developer's return on investment per square meter while keeping long-term structural maintenance overheads low. 4. The Legal Title Architecture The legal architecture of this land asset is flawless and positioned for immediate corporate closing. The property is secured by a valid, fully processed Governor's Consent, representing the highest tier of real estate title validation under the Land Use Act in Nigeria. The title chain originates cleanly from the historic state layout allocation and contains zero hidden liens, probate disputes, or local community overlapping claims (Omo-Onile). The valid conveyance instruments, including the original Deed of Assignment and the officially stamped survey blueprint, are compiled and ready for immediate, uncompromising scrutiny by your legal counsel or institutional compliance teams. 5. The Urban Engineering & Flood Profile From an environmental engineering perspective, this micro-pocket of Old Ikoyi sits on the most resilient topography on the peninsula. A Google Maps Terrain and elevation analysis confirms that Reeve Road is situated on a historic, highly stable sand-filled plateau with an active natural slope toward the primary concrete municipal storm drainage channels. The stable infrastructure network prevents any localized water logging or pooling during extreme precipitation cycles. The massive footprint ensures total engineering autonomy, giving the builder ample room to deploy specialized infrastructure, including a dedicated high-capacity transformer bay, decentralized water treatment matrices, and an integrated private security outpost. Corporate Guarantee: Our firm enforces a strict zero-compromise listing policy. We do not represent or list land assets located in topographically vulnerable, flood-prone, or legally compromised sectors of Lagos. This Reeve Road asset was subjected to a rigorous engineering, title, and environmental audit before being cleared for market delivery.

Glover Road, Ikoyi, Lagos
5 Bedroom Semi Detached Duplex — Cowrie Creek Estate, Ikate, Lekki, Lagos
Premium
17
₦850,000,000

Semi-detached duplex for sale

5 Bedroom Semi Detached Duplex

The headline Spar Road Access Corridor. Cowrie Creek Estate Enclave, Ikate-Lekki. 400 sqm Total Built Footprint. Semi-Detached / High-Density Premium Residential. Global Certificate of Occupancy (C of O) with Registered Deed of Assignment. ₦850,000,000 Total (Capital Asset Valuation). An unassailable institutional-tier yield engine positioned inside Lekki's most secure sovereign estate layout, engineered to capture compounding corporate executive tenancy. The problem The high-net-worth residential landscape of Ikate-Lekki is restricted by a severe spatial deficit. The specific category of asset that corporate investment offices and high-stakes asset managers require---a massive, fully completed, smart-automated 5-bedroom configuration inside a master-planned, sovereign infrastructure estate---is virtually unobtainable. Most listings marketed across Ikate are generic, standalone parcels facing disorganized community layouts, subpar drainage networks, and high security vulnerabilities. Institutional enclaves like Cowrie Creek Estate operate on a strict strategy of generational asset retention; premier developer sites inside this perimeter are aggressively hoarded by private wealth funds. When a fully realized, smart-enabled 5-bedroom structural footprint leaks into the open market, it is typically claimed by private multi-family syndicates before open placement. This transaction represents a rare fracture in that closed network, delivering a move-in-ready, institutional-tier asset directly to discerning capital. The agitation To evaluate this asset accurately, you must analyze its location through a cold, mathematical lens. Real-time data from the Nigeria Property Centre (NPC) and current offline broker indices show that generic 5-bedroom properties within standard, non-serviced portions of Ikate are asking up to ₦750,000,000. However, those outside-the-gate structures face major liabilities: they are plagued by erratic localized flooding, lack centralized power management, and subject residents to severe arterial entry gridlock on peak-hour distributor lanes. Conversely, standalone properties deeper within central Lekki Phase 1 are clearing past ₦950,000,000, yet they offer smaller land footprints, inferior spatial setback ratios, and zero estate clubhouse or perimeter lifestyle buffer redundancies. At ₦850,000,000 for a completed 400 sqm total built footprint inside Cowrie Creek, this asset evaluates at an entry point of ₦2,125,000 per square meter. You are securing a structural price point that matches common street layouts while absorbing the immense land value and infrastructure multiplier of Lekki's premier secure layout. The window for a sub-₦900M asset inside this micro-pocket is closing. As corporate offices continue to shift away from central Victoria Island toward the serviced tech enclaves of the Lekki corridor, properties featuring automated infrastructure and estate sovereignty will see an immediate capital appreciation adjustment, pricing out mid-market investment portfolios permanently. The solution 1. The Micro-Location Analytics a satellite map analysis reveals that Cowrie Creek Estate sits at the strategic axis of the Spar Road corridor in Ikate. The estate features immediate proximity linkages to major retail power houses, elite lifestyle hubs, and regional corporate headquarters. From a logistical perspective, this location allows vehicular occupants to bypass the notorious traffic bottlenecks of the main Lekki-Epe Expressway distributor loops. Residents enjoy alternative bypass street connections that lead directly toward central Lekki Phase 1 and the Lekki-Ikoyi Link Bridge. This asset does not compete in the abstract Lekki market; its immediate value is anchored directly to the high-profile multi-story estates and elite private residential developments flanking its boundaries. 2. The Development / Spatial Footprint The 400 sqm total built footprint is optimized to maximize physical density and spatial luxury. The contemporary semi-detached configuration features 5 massive, en-suite bedrooms paired with a dedicated Boys' Quarter (BQ) for domestic support. The layout is pre-wired with an active home automation mesh network, featuring automated spot lighting, integrated smart controls, custom built-in wardrobes, a modern pop ceiling layout, and a fully fitted kitchen complete with a built-in oven and premium accessories. The floor plan permits immediate dual-income optimization: it can serve as a secure high-yield corporate residence for multi-national executives or operate as an exclusive, high-end private estate generating top-tier rental cash flows that heavily outpace inflation. 3. The Zoning/Layout Multiplier The asset benefits from a high-density, premium residential zoning status within a managed ecosystem. This operational profile acts as a powerful financial multiplier. Unlike standard properties restricted by chaotic outer layouts, this semi-detached unit sits within an estate layout that includes an active estate clubhouse, a children's play area, a fully equipped gym, a swimming pool, and dedicated estate green zones. This architectural layout ensures the asset commands maximum occupancy rates and top-tier valuation parameters from corporate leasing boards who refuse to compromise on lifestyle and fitness amenities for their executive personnel. 4. The Legal Title Architecture The legal framework supporting this asset is pristine and structured for rapid solicitor verification. The property is secured by a valid Global Certificate of Occupancy (C of O) backed by a fully Registered Deed of Assignment. The title chain is perfectly traceable, free from any hidden encumbrances, probate disputes, or local land community claims (Omo-Onile). The conveyance instruments are fully processed through the Lands Registry in Alausa, making this asset an immediate, low-risk vehicle for bank equity liquidation or corporate asset diversification. The entire digital title pack is compiled and ready for immediate, uncompromising cross-examination by your legal counsel. 5. The Urban Engineering & Flood Profile From an environmental engineering standpoint, this asset is built to strict infrastructure standards. A topographical terrain study confirms that Cowrie Creek Estate sits on a heavily sand-filled, elevated plane engineered with an advanced subterranean primary drainage matrix that empties into dedicated outfalls. The property features comprehensive perimeter fencing, an active electric security fence, a secure gated entry system, and 24/7 uniform security watch paired with CCTV surveillance. Utility architecture is completely decentralized for long-term reliability: it includes a dedicated estate transformer, a central estate generator powerhouse ensuring 24/7 power supply, a dedicated prepaid meter, and an industrial-grade borehole system backed by an advanced on-site water treatment plant delivering pure, pressurized potable water to all internal water heaters and fittings. Corporate Guarantee: Our agency enforces a clinical asset-selection standard. We do not represent or list properties located in flood-prone, topographically compromised, or legally contaminated micro-pockets. This asset has been rigorously audited against these engineering and environmental baselines before being approved for market placement.

Cowrie Creek Estate, Ikate, Lekki, Lagos
5 beds 5 baths
Bare Land in a Great Location — Providence Street, Lekki Phase 1, Lekki, Lagos
Premium
2
₦6,278,720,000

Mixed-use land joint venture

Bare Land in a Great Location

The headline Providence Street. Commercial Core Corridor, Lekki Phase 1. 3,139.36 sqm Corner Allotment. Mixed-Use / High-Density Commercial Zoning. Lagos State Certificate of Occupancy (C of O) with Approved Survey Plan. ₦6,278,720,000 Total Value Imputation (Zero Premium / No mou Impediments). An institutional-scale development canvas positioning corporate equity directly on Lekki's high-velocity commercial spine to capture compounding class-A yields. The problem The entry barriers for mid-to-large scale commercial development within Lekki Phase 1 have reached absolute structural paralysis. The specific category of transaction that international development funds and top-tier construction syndicates seek---a contiguous parcel exceeding 3,000 square meters on a primary commercial distributor artery---is effectively extinct. Most developers read about high-yield multi-story projects along the main corridors, but the actual market is choked by fractured titles, multi-generational family probate battles, and prohibitive upfront premium demands. Parcels of this magnitude on Providence Street are fiercely hoarded by institutional banks and legacy estates; they do not enter the open market through standard retail broker networks. When a rare liquidity mismatch occurs, the allocation is immediately swallowed by tier-1 developers off-market. This Joint Venture opportunity bypasses those systemic friction points, presenting an unencumbered, premium-free canvas directly on Lekki's most aggressive commercial expansion path. The agitation To evaluate this asset accurately, one must run the spatial mathematics against typical Nigeria Property Centre (NPC) benchmarks and live offline transactions. Sub-optimal, landlocked parcels deeper within the residential zones of Lekki Phase 1 (such as secondary streets off Fola Osibo or Doja Okupe) are currently trading at an equivalent land value of ₦1.4M to ₦1.6M per square meter. However, those landlocked sites carry severe height and density restrictions, limiting developments to low-yield triplexes or four-story structures that struggle with crippling localized vehicular bottlenecks. Conversely, similar 3,000+ sqm commercial tracts closer to the hyper-congested Admiralty Way roundabout command up to ₦2.5M per square meter, requiring astronomical upfront capital layouts or aggressive non-refundable premium payments that heavily dilute developer irr before a single piling is driven. At a verified market valuation of ₦2,000,000 per square meter with zero premium, this 3,139.36 sqm asset provides an unassailable financial starting point. The entry matrix is precise. By removing upfront premium and mou obstacles, the developer's capital is directed entirely toward vertical execution. The window for an institutional joint venture at this price point is closing rapidly; as the regional infrastructure expansion locks in the commercial bypass routes, the land valuation here is mathematically projected to scale past ₦2.5M per square meter, permanently pricing out mid-market development funds. The solution 1. The Micro-Location Analytics a satellite evaluation of Providence Street reveals an asset positioned at the literal crossroads of Lekki's corporate and retail power grid. This site sits within a 2-minute flight path of major banking headquarters, international retail institutions, and premium hospitality hubs. Traffic density counts indicate a high-volume, high-net-worth daily vehicular flow, as Providence Street functions as the critical commercial bypass linking the interior of Lekki 1 directly to the toll gate access routes and the regional expressway. Your project will not compete with speculative peripheral real estate; its immediate valuation benchmarks are the corporate bank branches and Class-A multi-story commercial offices standing directly on your perimeter. 2. The Development / Spatial Footprint The 3,139.36 square meter footprint provides a massive, high-efficiency configuration that easily accommodates deep basement parking arrays and a high floor-area-ratio (FAR). The local building regulations for this commercial zone permit multi-story vertical construction. The site is optimized for a mixed-use tower featuring a multi-level commercial podium for retail or premium banking halls, surmounted by upper floors of corporate office suites or serviced executive apartments. The expansive boundary footprint allows for maximum perimeter insulation, secure setback compliance, and optimized dual-aspect natural lighting for high-density structural designs. 3. The Zoning/Layout Multiplier The asset holds a clean Mixed-Use/High-Density Commercial zoning designation. This operational profile acts as an immediate financial multiplier that single-use residential land cannot match. The land owner has specified no rigid development constraints, leaving the plot entirely open to optimization proposals. A developer can engineer a multi-income architecture combining corporate triple-net leases with high-yield fractional residential sales. This zoning latitude ensures that the completed asset remains agile, capable of pivoting its tenancy mix to capture whichever commercial sector delivers the highest yield per square meter as the market shifts. 4. The Legal Title Architecture The legal foundation of this asset is pristine and structured for rapid institutional closing. The land is held under a valid, unencumbered Lagos State Certificate of Occupancy (C of O), with a fully verified root of title registered at the Lands Registry in Alausa. An officially approved survey plan accompanies the root title, mapping the exact structural boundaries of the 3,139.36 sqm expanse. There are no pending litigation filings, probate liens, or community overlapping claims (Omo-Onile). The joint venture contract can be drafted directly on clean conveyance terms. The entire digital title pack is compiled and ready for immediate, uncompromising solicitor review. 5. The Urban Engineering & Flood Profile From an environmental engineering perspective, this micro-pocket of Providence Street is heavily reinforced. A Google Maps Terrain and elevation analysis confirms the property sits on a deeply sand-filled, compacted plain with an active elevation profile that slopes directly toward primary concrete-paved municipal storm drainage channels. The stable, engineered road network prevents localized pooling during peak precipitation cycles. The site's massive spatial footprint allows for total infrastructural sovereignty, providing ample square footage to install localized heavy-duty utility infrastructure, including a dedicated multi-megawatt transformer bay, an industrial water treatment array fed by deep-borehole systems, and a decentralized security control facility. Corporate Guarantee: Our firm operates under a strict technical vetting framework. We do not represent or list joint venture opportunities in topographically compromised, flood-vulnerable, or legally ambiguous zones. This Providence Street asset has been clinically audited against these infrastructure and title standards before being approved for market placement.

Providence Street, Lekki Phase 1, Lekki, Lagos
3 Bedroom Penthouse — Freedom Way, Lekki Phase 1, Lekki, Lagos
Premium
19
₦360,000,000

Flat / apartment for sale

3 Bedroom Penthouse

The headline Off Freedom Way Corridor, Lekki Phase 1. Mixed-Use / High-Density Premium Residential. Deed of Assignment with Fully Registered Governor's Consent. ₦360,000,000 Total (Fixed Asset Valuation). A vertically optimized, automated cash-flow asset capturing the immediate executive tenancy overflow from the multi-national commercial nodes of Victoria Island and Ikoyi. The problem The top-tier residential sector of Lekki Phase 1 is locked in a structural inventory squeeze. The specific category of asset that institutional funds scramble for---fully completed, top-floor penthouses with sweeping skyline views---suffers from an acute supply deficit. Most properties marketed along Freedom Way are generic, mid-tier multi-family blocks that fail to meet the stringent security and automation requirements of C-suite expatriates and high-net-worth operators. Primary developers rarely release true penthouse units to the open market. When they do, these assets are quietly acquired pre-construction by private wealth networks who hold them for generational yield. This listing represents a rare breach in that closed network. It introduces a brand-new, unencumbered penthouse layout directly into the open market, positioned precisely where the commercial expansion of Lekki Phase 1 terminates at the gate of the regional logistics network. The agitation To understand the precise financial leverage of this ₦360,000,000 asset, it must be cross-referenced against real-time data from the Nigeria Property Centre (NPC) and current offline transactions. Generic, mid-floor 3-bedroom units deeper inside Lekki Phase 1---often located on choked secondary streets like Fola Osibo or Omorinre Johnson---are currently trading at an average of ₦380,000,000 to ₦420,000,000. Yet, those landlocked assets lack dedicated elevators, have zero perimeter security redundancy, and subject occupants to a minimum 30-minute peak-hour commute just to exit onto Admiralty Way. Conversely, speculative off-plan penthouses located in uncompleted towers deeper down the Lekki axis are commanding up to ₦450,000,000, forcing investors to absorb severe development timeline risks and capital lockup. At ₦360,000,000 for a completed, 315 sqm total built footprint, this asset evaluates at an efficient ₦1,142,857 per square meter. It matches the entry price of an ordinary apartment while delivering the yield multiplier of a premium penthouse. The positioning eliminates the standard Lekki Phase 1 exit bottleneck by sitting right at the arterial head of Freedom Way. As corporate offices migrate from central Victoria Island to this specific micro-pocket, assets lacking automated infrastructure and modern vertical transport will face permanent yield compression. The window to secure a completed, automated penthouse under ₦400,000,000 in this precise tier is rapidly closing. The solution 1. The Micro-Location Analytics a satellite view of this address reveals immediate, high-value proximity linkages. The property sits within a 3-minute drive of the Lekki-Ikoyi Link Bridge, allowing instantaneous transit to Ikoyi's diplomatic quarter, and borders the corporate headquarters flanking the regional commercial zones. This specific street functions as a high-security buffer zone. It sits completely separate from the chaotic retail traffic of central Lekki, while processing high-value corporate vehicular movement daily. Your asset does not compete with the broader, unrated Lekki real estate market; its value is intrinsically benchmarked against the elite serviced towers standing directly adjacent. 2. The Development / Spatial Footprint The 315 sqm penthouse floor plan has been engineered for maximum vertical privacy and spatial utility. As a top-floor unit, it is completely insulated from lower-level multi-family foot traffic. The layout features all en-suite bedrooms, a dedicated concierge service station, an expansive balcony array, and an integrated central gas system. The structural footprint permits seamless multi-income optimization: it is designed to instantly clear the rigorous vetting processes of international oil companies and diplomatic missions requiring secure executive lodging, or to serve as a high-occupancy corporate short-let asset commanding premium daily rates. 3. The Zoning/Layout Multiplier The asset operates under a high-density residential zoning profile that enables immediate integration of smart-home operational technology. The unit is pre-wired with an active home automation mesh network integrated with Alexa systems, featuring automated spot lighting, sensory bathroom lighting arrays, and centralized climate controls. This technical layout acts as a direct financial multiplier; automated properties in this micro-pocket command a documented 35% rental premium over non-automated assets due to the low-overhead management profile preferred by corporate tenants. 4. The Legal Title Architecture The legal framework supporting this transaction is pristine and optimized for immediate corporate equity assignment. The property is covered by a fully executed Governor's Consent, representing the absolute apex of legal title validation under the Land Use Act. The title chain originates from an unencumbered global allocation and terminates cleanly at the Lagos State Government, free of any probate disputes, hidden liens, or community claims (Omo-Onile). The standard conveyance instruments---including the Deed of Assignment and approved survey plan---are fully registered at the Lands Registry in Alausa. The entire legal file is compiled and open for immediate, rigorous solicitor review. 5. The Urban Engineering & Flood Profile From an infrastructure standpoint, this asset is built to strict engineering margins. A topographical terrain analysis confirms that this specific micro-pocket sits on a heavily sand-filled, elevated plane with concrete-paved road networks draining directly into primary municipal storm channels. The perimeter is protected by a secure gatehouse, a continuous electric fence, perimeter fencing, and 24/7 CCTV surveillance paired with uniformed guards. The utility footprint is built for total autonomy: an industrial borehole coupled with an advanced on-site water treatment plant delivers pressurized potable water to all internal water heaters and fittings. Power is fully continuous, driven by a dedicated prepaid meter and backed by a heavy-duty central generator system providing uncompromised 24-hour electricity to the elevator, gymnasium, swimming pool, and automated units. Corporate Guarantee: Our firm operates on a strict technical listing policy. We do not represent or inventory properties located within flood-vulnerable, structurally suspect, or legally compromised micro-pockets. This asset was subjected to a full engineering and environmental audit before being approved for market entry.

Freedom Way, Lekki Phase 1, Lekki, Lagos
3 beds 3 baths
Distressed 4 Bedroom Duplex — Freedom Way- Prime Waters Road, Lekki Phase 1, Lekki, Lagos
Premium
4
₦320,000,000

Semi-detached duplex for sale

Distressed 4 Bedroom Duplex

The headline Prime Waters Road. Off Freedom Way Corridor, Lekki Phase 1. 420 sqm Land Footprint / 4-Bedroom Semi-Detached Configuration. Residential / Commercial Adaptive Zoning. Deed of Assignment with Fully Executed Governor's Consent. ₦320,000,000 Total (Liquidity-Driven Pricing). An unrepeatable capital entry point on Lekki's high-density logistical spine, capturing immediate arbitrage from the compounding commercial overflow of the Lekki-Epe economic corridor. The problem The premium residential nodes of Lekki Phase 1 have evolved into a zero-sum liquidity game. Institutional land syndicates and private family offices operate on multi-decade horizons, meaning primary corridors like the Freedom Way axis rarely suffer structural inventory leakage. The market reads endlessly about the explosive asset values in this sector, yet actionable titles are consistently hoarded by legacy owners. When an allocation on Prime Waters Road becomes available, it is typical for local development funds to absorb it off-market before the public realizes it exists. The scarcity is structural: Prime Waters Road acts as the primary distributor road linking the upper-tier residential blocks of Lekki 1 to the rapidly densifying commercial master-plans near the regional regional bypasses. This specific listing is a rare breakdown in that structural chokehold---a primary-market position forced onto the open market solely by an urgent corporate liquidity requirement, bypassing standard market gatekeepers. The agitation To evaluate this asset accurately, you must view it through a cold, mathematical lens. According to recent Nigeria Property Centre (NPC) and offline transaction logs for Q3/Q4, standard 4-bedroom semi-detached structures deeper within Lekki Phase 1 (such as Fola Osibo or Admiralty Way cross-streets) routinely clear between ₦410,000,000 and ₦470,000,000. However, those older inner-zone assets face severe logistical bottlenecks, forcing residents into 45-minute peak-hour gridlocks just to clear the Lekki Toll Plaza. Alternatively, non-prime assets tucked deeper inside the waterlogged margins of the Elenusonwo or perimeters behind the regional regional marshes are trading at ₦340,000,000. Those assets carry severe topographic liabilities and require immense capital expenditure for structural flood protection. At ₦320,000,000 for a completed, 420 sqm land footprint with functional capital infrastructure, this asset evaluates at an unprecedented ₦761,904 per square meter of spatial asset value. This is a deliberate, mathematically calculated 25% discount against the immediate local moving average. The positioning is hyper-precise: it avoids the choke points of central Lekki 1 while exploiting the immediate traffic access of Freedom Way. As the regional Infrastructure Expansion Masterplan completes its next arterial link, this sub-₦350M window will permanently close, adjusting this asset to its true market equilibrium of ₦400M+. The solution 1. The Micro-Location Analytics a spatial map analysis reveals that this asset sits directly within the regional power grid of Lekki's fastest-growing corporate corridor. Prime Waters Road provides instantaneous transit links to the multi-national commercial offices along Freedom Way, the elite corporate HQs on Admiralty Way, and premium retail nodes like the Palms Shopping Mall and Periwinkle Lifestyle Estate. From a traffic distribution perspective, this location allows vehicular occupants to bypass the standard Admiralty Way morning bottlenecks entirely. Residents can seamlessly exit via the alternative loops leading toward the Lekki-Ikoyi Link Bridge or the regional coastal bypass roads. This street is an insulated, high-value micro-pocket where your asset does not compete with generic real estate; its value is anchored directly to the high-profile multi-story residential blocks next door. 2. The Development / Spatial Footprint The 420 sqm footprint has been engineered to maximize physical efficiency and density. The 4-bedroom semi-detached configuration features an optimal floor-area-ratio, allowing for expansive, en-suite living quarters without compromising outdoor spatial utility. The structural floor plan is meticulously laid out with hard-wearing tiled floors, integrated built-in wardrobes, a clean gypsum pop ceiling layout, and a functional fitted kitchen. The spatial layout permits immediate dual-income optimization: it can be deployed instantly as a high-yield corporate let for C-suite expatriates, or operated as an executive residential asset yielding stable, top-tier rental cash flows that heavily outpace local inflation. 3. The Zoning/Layout Multiplier The asset benefits from adaptive residential zoning with immediate potential for low-impact commercial usage. This acts as a severe financial multiplier. Unlike standard, single-use parcels restricted to quiet residential cul-de-sacs, this Prime Waters Road positioning allows an investor to pivot the property into a high-end corporate headquarters, a private medical consultancy, or an elite tech-hub node. The inclusion of a dedicated swimming pool, a private balcony, an expansive car park, and a structured outdoor lighting array provides the physical infrastructure necessary to support both high-end residential tenants and premium corporate clients. 4. The Legal Title Architecture The legal foundation of this asset is unassailable and ready for immediate deployment. The property is secured by a fully registered Governor's Consent, which represents the highest tier of real estate title verification under the Land Use Act in Lagos State. The title chain originates cleanly from the global layout approval and terminates directly at the Lagos State Government, completely insulated from any third-party claims, probate disputes, or local community encumbrances (Omo-Onile). The Deed of Assignment has been properly processed through the Lands Registry at Alausa. The digital legal pack, including the approved survey plan and structural certifications, is compiled and ready for immediate, uncompromising scrutiny by your legal counsel. 5. The Urban Engineering & Flood Profile From an environmental engineering standpoint, this asset is highly resilient. A topographical study confirms that this micro-pocket of Prime Waters Road sits on an engineered, sand-filled elevation plane designed with an active incline towards the primary municipal storm-drainage channels. The asset is supported by heavy-duty perimeter fencing, an active electric security fence, a dedicated security gatehouse, and integrated fire safety protocols. The utility architecture is fully decentralized for low-maintenance overheads: a dedicated prepaid meter hooks into the grid, backed by a high-output standby generator ensuring uninterrupted 24/7 power. Water sovereignty is guaranteed via an on-site deep-borehole system coupled with an advanced industrial-grade water treatment facility, delivering pure, pressurized potable water to all internal water heaters and fittings. Corporate Guarantee: Our firm enforces a clinical asset-selection framework. We do not list, represent, or broker properties located in structurally compromised, flood-vulnerable, or legally contaminated micro-pockets. This asset has been rigorously audited against these infrastructure standards before being approved for market placement.

Freedom Way- Prime Waters Road, Lekki Phase 1, Lekki, Lagos
4 beds 5 baths
3 Bedroom Apartment — Oniru, Victoria Island (VI), Lagos
Premium
12
₦360,000,000

Flat / apartment for sale

3 Bedroom Apartment

Oniru Luxury Corridor, Victoria Island. Mixed-Use / High-Density Residential. Registered Deed of Assignment with Root Governor's Consent. ₦360,000,000 Total (All-Inclusive). An institutional-grade yield engine positioned at the intersection of Victoria Island's commercial pulse and the multi-billion Naira ecosystem of Eko Atlantic City. The problem: The barrier of entry in victoria island's premier enclave The modern Lagos real estate market is defined by a frustrating paradox: a surplus of generic suburban developments juxtaposed against a critical, systemic shortage of premium residential real estate within the secure limits of the Oniru/Victoria Island micro-pocket. While retail investors frequently access secondary markets in peripheral regions, institutional-grade assets within this highly restricted luxury corridor rarely make it to the open market. Property owners on and around Water Corporation Drive operate on a strategy of generational hold; land and vertical footprints are aggressively Hoarded by elite syndicates and family estates who recognize that this specific strip represents the literal terminal point of Victoria Island's outward expansion. When an asset of this caliber---a fully realized, multi-amenity 3-bedroom structural footprint---becomes available, it is typically absorbed quietly via private wealth networks. The opportunity presented here bypasses these structural barriers, offering an immediate, unencumbered entry point into a micro-market where demand consistently outstrips supply by a ratio of 7 to 1. the agitation: Mathematical unfairness & the google maps advantage To understand why this specific listing is priced at ₦360,000,000, one must analyze its location through a strict spatial and financial lens. A cursory review of the Nigeria Property Centre (NPC) and offline broker networks reveals that generic 3-bedroom apartments deeper within central Victoria Island (e.g., historical residential zones near Kofo Abayomi or Idowu Taylor) are currently averaging ₦420,000,000 to ₦480,000,000. However, those older assets carry severe structural liabilities: they are plagued by legacy plumbing configurations, lack modern vertical transport (elevators), and sit on choked, low-density inner streets with sub-optimal traffic egress. Conversely, speculative off-plan developments further down the Lekki-Epe Expressway are asking up to ₦330,000,000 for configurations that will not see structural completion for 24 to 36 months, exposing capital to severe currency devaluation and contractor default risk. At ₦360,000,000 for a newly built, fully completed 285 sqm total footprint, this asset delivers an unrivaled entry valuation of approximately ₦1,263,157 per square meter. By comparison, alternative properties on nearby alternative strips command up to ₦1,500,000 per square meter for inferior builds. The mathematical window is closing rapidly: as the adjacent Eko Atlantic commercial free zone hits 65% occupancy, properties on this immediate border are projected to see an automatic 22% capital appreciation adjustment, permanently erasing the sub-₦400M entry point for brand-new luxury builds. The solution: Exhaustive Developer & Investment Breakdown 1. The Micro-Location Analytics Situated just off the dual-carriageway axis of Water Corporation Drive, this property sits at the epicenter of Lagos' highest-net-worth commercial and recreational district. The asset is flanked by diplomatic missions, the corporate headquarters of tier-1 banking institutions, and premium leisure hubs like the Landmark Towers and the upcoming beachfront entertainment strips. A spatial traffic analysis indicates a controlled but high-value daily vehicular density, ensuring that any corporate tenant or short-let operator enjoys maximum visibility without the crippling gridlock associated with central VI. You are not buying into an abstract Lagos market; your immediate valuation benchmarks are the ultra-luxury multi-story towers standing directly adjacent, cementing your downside protection. 2. The Development / Spatial Footprint The 285 sqm total built footprint has been meticulously engineered to optimize vertical spatial economics. Unlike older, cramped apartment layouts, this unit features a grand-scale, open-concept living area that flows seamlessly into an expansive balcony overlooking the skyline. The structural configuration permits multi-income stream viability: the layout is perfectly optimized for corporate leasing, premium expatriate residential housing, or high-yield short-term hospitality (AirBnB/Booking.com). The inclusion of a high-speed elevator, dedicated car parking spaces, and a state-of-the-art gymnasium ensures that the asset commands premium rental yields that match or exceed institutional expectations. 3. The Zoning/Layout Multiplier The asset benefits from a high-density, Mixed-Use/Residential zoning status. This designation acts as a powerful financial multiplier. Single-use residential properties face strict legal limitations on corporate tenancy. Here, the layout enables seamless transition between an ultra-luxury private residence and a high-profile corporate guest house or executive short-let hub. Every square meter works to generate revenue, supported by premium communal infrastructure including a sparkling swimming pool, outdoor lighting arrays, and professionally landscaped common areas designed to minimize long-term maintenance costs. 4. The Legal Title Architecture The asset is backed by an unassailable legal framework: a Registered Deed of Assignment derived from a historical, pristine Global Certificate of Occupancy (C of O) with a fully traceable chain of Governor's Consent. The title chain terminates cleanly at the Lagos State Government, completely free from any encumbrances, third-party claims, or local land disputes (Omo-Onile). The conveyance instruments are fully registered at the Lagos State Lands Registry, Alausa, making this asset an immediate, low-risk vehicle for bank equity liquidation or corporate asset diversification. All title documents and building approvals are compiled and ready for immediate, rigorous review by your legal team. 5. The Urban Engineering & Flood Profile From an infrastructural perspective, this asset is built to withstand the elements. Utilizing a Google Maps Terrain elevation analysis, this specific pocket of Oniru sits on an elevated sand-filled plain with a highly sophisticated, subterranean primary drainage system that empties directly into engineered outfalls. The property features comprehensive perimeter fencing, an electric security fence, a secure gated entry, and 24/7 CCTV surveillance paired with integrated fire safety systems. Power and utility engineering are equally robust: a dedicated prepaid meter connects to the grid, backed by a heavy-duty standby generator ensuring uninterrupted 24/7 electricity. Water security is guaranteed via an industrial-grade borehole coupled with an advanced on-site water treatment plant that delivers clean, pressurized potable water to all heaters and fittings. Corporate Guarantee: Our agency enforces a strict zero-tolerance listing policy. We do not represent properties in flood-prone, structurally compromised, or legally ambiguous zones. This asset has been rigorously audited against these engineering and environmental standards before being approved for market delivery.

Oniru, Victoria Island (VI), Lagos
3 beds 3 baths
Newly Built 4 Bedroom Terrace — Queens Drive, Ikoyi, Lagos
Premium
10
₦55,000,000 /yr

Terraced duplex for rent

Newly Built 4 Bedroom Terrace

The headline Off Queen's Drive. Old Ikoyi, Lagos. 4-Bedroom Corner-Unit Terrace Townhouse with Dedicated BQ. Residential Zoning. Registered Deed of Lease. ₦55,000,000 Annual Rent (Plus ₦4,000,000 Service Charge). This Is the Ultimate Private Fortress for the Lagos Corporate Elite. And This Is the Unassailable Address That Protects Your Absolute Sanity. The problem There is a category of Lagos residential leasing that most C-suite executives read about but very few secure. Not because the rental capital is unavailable. Because the specific spatial configuration is. Old Ikoyi's most secure pocket---the quiet, fortified residential corridors branching directly off Queen's Drive---does not release low-density residential inventory frequently. When it does, the units are typically absorbed instantly by multinational corporations, foreign diplomats, or institutional heads who possess the financial capacity to move immediately when an address matches their security criteria. The gated residential enclaves off Queen's Drive represent that exact micro-corridor. A brand-new, ultra-low-density residential asset on this street---configured with just three premium townhouses in the entire cluster---is the specific type of private sanctuary that top-tier corporate operators spend years waiting for in the Ikoyi market. It is available today. The agitation Here is the calculation that every serious executive eventually makes about multi-unit estate living in premium Lagos nodes. The most structurally exhausting real estate mistake in Nigeria is paying top-market rent to live inside an over-populated, high-density mega-estate in Oniru, Banana Island, or generic Ikoyi pockets. In those bloated developments, you share walls, common areas, and gate infrastructure with 30 to 50 other residents. The spatial tax is immediate. You queue at your own estate gate because security is choked by visitors. You contend with parking violations from aggressive neighbors when returning from late-night boardroom sessions. Your balcony looks directly into ten other apartments, destroying your personal privacy. The NPC and offline market comparable metrics visible across the Ikoyi residential rental market tell the story numerically: A standard 4-bedroom terrace inside a 16-unit estate on Kingsway Road corridor---₦60,000,000 rent plus a volatile ₦7,500,000 service charge. You pay for high-density congestion. A 4-bedroom apartment inside an 18-story tower off Alfred Rewane---₦65,000,000 rent plus ₦8,000,000 service charge. Your family shares elevators and amenities with dozens of transient corporate tenants. This listing---a brand-new, 4-bedroom corner townhouse with just two neighbors in total off Queen's Drive---₦55,000,000 annual rent with a highly optimized, fixed ₦4,000,000 service charge. The positioning is mathematically precise. This asset is priced deliberately beneath the high-rise tower market because it bypasses vertical congestion entirely. Concurrently, it commands a premium over generic Ikoyi townhouses because it sits within a 3-resident private cluster, offering a density-to-privacy ratio that cannot be replicated at this price point. The window to lock in this private compound entry before Q4 corporate relocations close it is exceptionally narrow. The solution a brand-new, 4-bedroom corner-unit terrace townhouse spanning two expansive floors, complete with a dedicated Boys' Quarter (BQ), situated inside an elite gated close off Queen's Drive, Old Ikoyi. Total financial entry requires ₦55,000,000 annual rent, paired with a managed ₦4,000,000 service charge. Here is what this asset actually delivers for the executive who values operational sovereignty: The Micro-Location Analytics a satellite review of this micro-pocket reveals an unmatched proximity advantage. Positioned directly off Queen's Drive, the asset sits within the diplomatic and corporate residential anchor-zone of Old Ikoyi. It operates on an elite security grid, flanked by foreign consulates, multinational guest houses, and the highly secure waterfront estates of Nigeria's elder statesmen. A street-level traffic analysis demonstrates that this specific node allows you to completely bypass the standard bottlenecks of corporate Ikoyi. You exit your gate and access the absolute core of Victoria Island via the Falomo Bridge or Alfred Rewane Road within seven minutes, moving entirely against the primary commuter gridlock. The Development / Spatial Footprint Built deliberately across two functional floors, the architectural floorplate maximizes horizontal volume while preserving internal privacy. Because this asset is the premium corner unit, it benefits from an optimized end-wing position. This means you share a structural wall on only one side, securing three open facades that pull in clean ventilation and uninterrupted natural light. The floorplan assigns ensuite configurations to every bedroom, transforming each space into an isolated personal suite that eliminates morning logistical friction for your family or visiting international executives. The Zoning/Layout Multiplier The ultra-exclusive 3-townhouse cluster configuration operates as a severe financial and psychological multiplier. While mass-market developments inflate service charges to maintain massive swimming pools, commercial gyms, and sprawling lawns that you will never use, this layout intentionally features zero pool infrastructure. This layout decision achieves two critical corporate objectives. First, it completely eliminates the weekend noise pollution of neighbors' pool guests. Second, it structurally insulates your annual service charge from the hyper-inflationary diesel and water maintenance costs associated with shared aquatic facilities. The Legal Title Architecture The property is backed by an iron-clad legal pedigree, fully cleared through a registered Deed of Lease stemming from a flawless root title registered at the Lagos State Land Registry. The title chain is short, clean, and entirely free from estate disputes or multi-tier family claims. All corresponding documents---including approved building plans, structural stability certifications, and the master lease framework---are held in our custody and remain completely accessible for immediate, rigorous review by your legal counsel. The Urban Engineering & Flood Profile a geographical terrain assessment verifies that this specific pocket off Queen's Drive occupies one of the highest elevation crests in Old Ikoyi. The street is engineered with deep, subterranean gravity-fed drainage channels that connect directly to the primary Lagos lagoon discharge outlets, keeping the asphalt entirely dry and flood-resilient even during peak torrential downpours. The estate infrastructure runs on an uncompromising, triple-redundant logistical framework: - Power Independence: An industrial-grade central backup generator paired with a dedicated estate transformer manages phase-balancing perfectly, completely bypassing municipal grid instability. - Consumption Tracking: Individual pre-paid meters are installed per unit, putting you in absolute control of your internal energy billing. - Pure Water Infrastructure: A heavy-duty, commercial-grade water treatment plant runs continuous multi-stage filtration, delivering clean, clear, completely odorless water across both floors. - Ample Secured Parking: The layout designates multiple, unobstructed parking spaces inside the gated perimeter, ensuring your fleet is accessible and secure. The annual ₦4,000,000 service charge is managed by an elite facility firm, strictly covering 24-hour physical gate guards, routine generator servicing, central waste management, and automated common area illumination. The Financial Breakdown - Annual Rent: ₦55,000,000 - Service Charge: ₦4,000,000 - Agency Fee (10%): ₦5,500,000 - Legal Fee (5%): ₦2,750,000 - Refundable Caution Deposit (5%): ₦2,750,000 - Total Initial Financial Outlay: ₦70,000,000 Smilebay Realties does not list properties in infrastructure-compromised or flood-prone areas. This townhouse off Queen's Drive was rigorously assessed against that strict operational standard before listing. Vetted corporate clients and principal tenants are invited to schedule an immediate, private walkthrough by contacting our lead desk.

Queens Drive, Ikoyi, Lagos
4 beds 4 baths
3 Bedroom Smart Home Apartments — Glover Road, Ikoyi, Lagos
Premium
20
$950,000

Flat / apartment for sale

3 Bedroom Smart Home Apartments

Glover Road, Ikoyi. 3 Bedrooms. Full Home Automation. Fully Solar Powered. From $950,000 (₦1,295,096,791). This Isn't a Smart Home Because It Has an App. It's Smart Because It Never Waits on Anyone Else to Fix Anything. The problem There's a specific kind of exhaustion that comes from managing two unreliable systems at once --- the commute that runs on Lagos traffic's schedule, and the rented home that runs on a landlord's schedule for fixing the generator, restocking diesel, or responding to a blackout. Every evening ends the same way. You've survived Third Mainland Bridge or Lekki-Epe. You get home and the power's out again, or the generator hasn't been serviced, or the water pressure's low because nobody topped up the borehole. None of it is in your control, because none of it is your property. This listing removes both dependencies at once --- not by promising a shorter commute, but by removing the second half of the exhaustion entirely: a home whose power, security, and systems run on their own infrastructure, not a landlord's discretion. The agitation Here's what else is trading in Ikoyi right now, and where this listing sits against it. A standard 3-bedroom flat in Old Ikoyi is priced at ₦670,000,000. None of those three comparables mention full home automation or independent solar power as standard features --- they're priced on space, finish, and address alone. This listing --- a 3-bedroom smart home apartment at $950,000 (₦1,295,096,791) --- sits between the standard 3-bedroom Old Ikoyi comparable The premium over the basic 3-bedroom isn't square footage. It's the fact that this unit doesn't depend on grid power at all, because it's fully solar powered, and the entire home is run through Schneider Electric home automation --- a genuinely different ownership experience than a bigger apartment with the same landlord-and-generator dependency every other Ikoyi listing carries. One honest caveat worth stating plainly: the listing gives a Q2 2026 completion date, which has already passed as of today. That may simply mean the listing hasn't been refreshed, or it may mean completion has shifted. Either way, confirm current build status directly with the agent before treating this as immediately move-in ready. The solution a 3-bedroom smart home apartment, Glover Road, Ikoyi. Full home automation by Schneider Electric. Fully solar powered. Fully fitted kitchen. Pre-installed air conditioners. Top-notch security doors. CCTV. Elevators. Gym. Swimming pool. Rooftop swimming pool, exclusive to the penthouse. Rooftop terrace/lounge. Dedicated private elevators to the penthouse. Play area. BQ. From $950,000 (₦1,295,096,791). Deed of Assignment. Here is what each element actually removes from your life: Full home automation by Schneider Electric. Lighting, climate, and security systems run from your phone, not from memory or a house help's discretion. This is genuinely functional automation from an established industrial electrical brand, not a gimmick feature. Fully solar powered. The single biggest daily stressor in Lagos homeownership --- power --- is handled independently of the national grid and independently of a landlord's generator maintenance schedule. This is not a backup system. It's the primary one. Top-notch security doors, CCTV, elevators. Physical security layered with building infrastructure, not a single gate and a hopeful assumption. Gym, swimming pool, and a rooftop swimming pool exclusive to the penthouse, plus a rooftop terrace/lounge. Recreation and recovery without leaving the building --- and a genuinely differentiated penthouse amenity most Ikoyi apartment listings don't offer. Dedicated private elevators to the penthouse. For the top unit, movement through the building is entirely separate from general traffic --- a meaningful privacy and convenience detail. Play area, BQ. Family space and staff housing built into the property, not negotiated separately. Deed of Assignment. The conveyance instrument for this unit --- buyers should confirm with their solicitor what further registration steps, if any, apply before or after purchase. Why this beats the alternatives on the table. The bedroom comparable offers more rooms but none of the power independence or automation this listing includes. The ₦1.79B ultra-luxury maisonette costs significantly more for extra space, without necessarily including the same solar and automation infrastructure. This is the listing priced for the buyer who values never depending on a generator or a landlord again, over simply having more square footage. The call to action From $950,000 (₦1,295,096,791). 3 bedrooms, full home automation, fully solar powered, Glover Road, Ikoyi. The buyer for this unit is a corporate professional who has decided that "smart" and "solar" aren't optional extras --- they're the actual solution to the two things that have made renting in Lagos exhausting: power dependency and landlord dependency. Call or WhatsApp Smilebay Realties: +234 901 517 4801 to confirm current construction status and payment structure. Serious inquiries only. Confirm completion timeline directly with the agent before committing. The bridge will still be there tomorrow morning. The generator conversation, the diesel top-up, the landlord's maintenance schedule --- those won't be, because the sun is already doing that job. Property Type: Flat/Apartment (Smart Home) --- For Sale Bedrooms: 3 --- Bathrooms: 3 --- Toilets: 4 Price: $950,000 Title: Deed of Assignment Stated Completion: Q2 2026 (already elapsed as of this posting --- confirm current status with agent) Location: Glover Road, Ikoyi, Lagos Interior & Finishing: Full home automation (Schneider Electric) --- Fully solar powered --- Fitted kitchen --- Air conditioning --- pop ceiling --- Built-in wardrobes --- En-suite bedrooms --- Tiled floors --- Water heater --- Guest toilet Power & Utilities: 24/7 power supply --- Prepaid meter --- Standby generator --- Borehole --- Treated water --- High-speed internet/WiFi Security: Security gate --- Perimeter fencing --- Electric fence --- Burglar-proof doors --- CCTV --- Security/gateman --- Intercom --- Fire safety Outdoor & Communal: Swimming pool --- Rooftop swimming pool (penthouse-exclusive) --- Rooftop terrace/lounge --- Boys' quarters --- Car park --- Balcony --- Outdoor lighting --- Elevator (+ dedicated private elevator to penthouse) --- Gym --- Play area NPC Comparable Context (Ikoyi): This listing: 3-bedroom smart home apartment, Glover Road, Ikoyi --- $950,000 (≈₦1,295,096,791) Posted: 4 August 2026 Listed by: Smilebay Realties Limited --- Ref: #360-442-4

Glover Road, Ikoyi, Lagos
3 beds 3 baths
Residential Land — Lekki Foreshore Estate, Lekki Phase 1, Lekki, Lagos
Premium
2
₦950,000 per sq.m

Residential land for sale

Residential Land

Lekki Foreshore Estate, Lekki Phase 1. 802 SQM. ₦950,000 per SQM. ₦761,900,000 Total. Global C of O and Gazette-Registered Deed of Assignment. The Same Estate. The Same Verified Rate. A Plot Sized for the Home You Actually Want to Build. There's a category of Lekki Phase 1 land buyer who has already done the homework --- checked the drainage claims, checked the title, and is now down to comparing plot sizes and prices within one specific estate they've decided is worth building in. Lekki Foreshore Estate has already established its own track record on this: drainage channelled directly to the lagoon, not to a soak-away that backs up during heavy rain, tested through multiple Lagos rainy seasons and confirmed dry. That part of the decision is done. What's left is choosing the right plot size at the right price within the estate. This listing is 802sqm, Global C of O and Gazette-registered Deed of Assignment, ₦950,000/sqm. Here's what makes this pricing easy to verify rather than take on faith. Other outright plots in Lekki Foreshore Estate --- 600sqm parcels --- have been listed at the identical rate: ₦950,000/sqm, working out to ₦570,000,000. a larger 1,709sqm corner plot in the same estate carries the same ₦950,000/sqm rate, at ₦1,623,550,000 total. A smaller, gate-adjacent 402sqm Parcel a plot commands a premium over the standard rate, at approximately ₦1,069,652/sqm, reflecting its specific proximity to the main gate. This listing --- 802sqm at ₦950,000/sqm, ₦761,900,000 total --- sits exactly at the estate's standard outright-plot rate, matching the 600sqm and 1,709sqm comparables precisely. That consistency is the point: this isn't an isolated asking price a buyer has to take on faith. It's the same verified rate the estate has held across multiple plot sizes, applied here to an 802sqm footprint --- genuinely larger than the smallest 402 and 600sqm options, without stepping into the corner-plot or gate-adjacent premium tiers. 802 square metres of residential land, Lekki Foreshore Estate, Lekki Phase 1. Global Certificate of Occupancy. Gazette-registered Deed of Assignment. ₦950,000 per square metre. ₦761,900,000 total. Here is what this parcel delivers: - Lekki Foreshore Estate's drainage architecture. The estate's drainage system channels directly to the Lagos lagoon --- not to a retention pond or soak-away that fills during sustained rainfall. This is engineered, not promised, and it's been tested through the rainy seasons that have exposed drainage failures in older, less carefully planned Lekki estates. - 802sqm. A genuinely comfortable footprint for a private residence with a proper compound --- main house, BQ, real parking, and garden space --- without stepping up into the estate's largest and most expensive corner-plot tier. - Global C of O plus Gazette-registered Deed of Assignment. The same dual-layered title structure already established across this estate's listings --- two documented, state-recognized instruments rather than one, giving a self-build buyer strong title assurance before committing construction capital. - ₦950,000/sqm --- verified against multiple comparable plots in the same estate. Not a standalone asking price. This exact rate is independently confirmed by the 600sqm and 1,709sqm plots already listed in this estate. - High rate of value appreciation. Newly developed estates with functioning, tested infrastructure --- as this one has demonstrated through multiple rainy seasons --- are the ones that tend to reprice upward as remaining plots sell down and the estate's track record accumulates. Why this beats the alternatives. The 402sqm Parcel a option is cheaper in total but smaller and carries a gate-proximity premium above the standard rate. This 802sqm plot gives more room to build at the estate's baseline ₦950,000/sqm rate, before a buyer needs to consider the larger, pricier 1,709sqm corner tier. 802sqm. Lekki Foreshore Estate, Lekki Phase 1. ₦950,000/sqm. ₦761,900,000 total. Global C of O plus Gazette-registered Deed of Assignment. The buyer for this plot has already accepted the case for Lekki Foreshore Estate's drainage and title credentials --- what's left is locking in a mid-size plot at the estate's verified standard rate before the remaining inventory sells down. Call or WhatsApp Smilebay Realties: +234 901 517 4801. Title documentation available for immediate solicitor review. Site visit arrangeable this week. The rate is already confirmed across multiple plots in this estate. The drainage has already been tested through more than one rainy season. The only thing left to decide is how much of it you want to build on. Land Type: Residential Land (Vacant) Size: 802 sqm Price: ₦950,000/sqm --- ₦761,900,000 total Title: Global Certificate of Occupancy + Gazette-Registered Deed of Assignment Drainage: Channelled directly to the Lagos lagoon; tested through multiple rainy seasons Location: Lekki Foreshore Estate, Lekki Phase 1, Lekki, Lagos Posted: 13 August 2026 Listed by: Smilebay Realties Limited

Lekki Foreshore Estate, Lekki Phase 1, Lekki, Lagos
402 SQMS Residential Land — Lekki Foreshore Estate, Lekki Phase 1, Lekki, Lagos
Premium
2
₦390,000,000 per plot

Residential land for sale

402 SQMS Residential Land

Lekki Foreshore Estate. Parcel a. 402sqm. Close to the Main Gate. ₦390 Million. The Most Accessible Entry into This Estate. And the Most Honest Flood Argument Any Lekki Land Has Made. The problem The Lekki Phase 1 land buyer in 2026 has two questions before any other question. The first is title. Is the document clean? Is the chain short? Does the paper end where paper should end? The second is drainage. In a Lagos rainy season that has caused flooding in estates that confidently claimed "no flooding" in their listings --- the buyer who has been watching the market knows that the drainage claim is the one most likely to be aspirational rather than operational. Most Lekki Phase 1 land listings answer the second question with a single line: "flood free." No mechanism stated. No drainage infrastructure described. No explanation of why this plot is dry when the surrounding areas are not. This listing answers the second question differently. The Lekki Foreshore Estate drainage system is channelled directly to the lagoon. The proximity of this estate to the lagoon is not incidental --- it is the drainage architecture. The water has a designed, direct route to the lagoon. It does not accumulate. It does not back up. In the rainy seasons that have tested every estate on the Lekki corridor, Lekki Foreshore Estate has remained dry --- not because the developer promised it, but because the drainage infrastructure was built to a specific engineering standard that most estates in this corridor have not matched. 402sqm in Parcel a of this estate. Close to the main gate. ₦390,000,000. The agitation Here is what the Lekki Phase 1 land search has cost the buyer who has been watching this corridor with flooding as their primary concern. You have looked at multiple plots. Some were priced well. Some had acceptable titles. Some were in the right general sub-zone. But in every case, the drainage question produced either a casual "no problem" from the agent or a silence that told you everything. You have seen what happens to Lekki properties during rainy season. You have driven past compounds where the water reaches the gate. You have watched NPC listings for estates that described themselves as flood-free sell their units to buyers who later discovered that "flood-free" applied to the estate roads but not the individual compound drainage. These are not rare stories. They are the standard experience of a significant number of Lekki land buyers who made decisions before the rainy season tested the drainage claim. Lekki Foreshore Estate is a newly developed estate that was designed with specific knowledge of those stories. The developers studied the drainage failures of established Lekki estates and engineered around them --- building drainage channels that flow directly to the lagoon, not drainage that terminates at a soak-away or a retention area that backs up during heavy rainfall. The lagoon adjacency that defines this estate's character is simultaneously the estate's drainage solution. Water flows toward the lagoon because the estate is built to direct it there. That is not a claim. It is a designed engineering outcome --- visible in the functioning drainage system that operates 100% during Lagos rainy seasons. Meanwhile, the Parcel a position --- closest to the main gate, dual access from Freedom Way and Admiralty Way --- is the plot that gives the buyer maximum operational convenience for both construction access and post-build daily movement. The solution 402 square metres of residential land in Lekki Foreshore Estate, Lekki Phase 1. Parcel a position --- at the back of Plot 11, close to the estate main gate. Dual gate access via Freedom Way and Admiralty Way. Lagoon-adjacent drainage system channelled directly to the lagoon. Newly developed estate with functioning drainage infrastructure. Piling foundation already in place, making it perfectly suited for a developer looking to build a block of flats. ₦390,000,000. Here is what this plot delivers --- and what makes it distinct from every other Lekki Phase 1 land listing in this portfolio: Parcel a --- the gate-proximity position in a three-parcel estate. As established across the Lekki Foreshore Estate listing series in this portfolio, the estate is subdivided into Parcels a, B, and C. Parcel a is the outer parcel closest to the estate entrance. This specific plot --- at the back of Plot 11, close to the main gate --- is within Parcel A's gate-adjacent zone. For a buyer whose development requires fast access, or a household whose daily movement prioritises the shortest route between the estate gate and their compound, Parcel a is the operationally convenient position. Piling foundation in place --- developer-ready infrastructure. The land comes equipped with a pre-existing piling foundation tailored specifically for multi-unit residential development. For an investor or developer aiming to construct a block of flats, this represents a significant structural advantage, drastically reducing initial development timelines and substructure costs. Dual gate access via Freedom Way and Admiralty Way. Two entry and exit points. When the Lekki-Epe expressway backs up at the Chevron toll gate direction, the Freedom Way gate gives an alternative route. When Freedom Way itself has congestion, Admiralty Way provides the second option. In Lagos, where a single blocked access point can add 45 minutes to a commute, dual-gate access is infrastructure that the buyer will use daily --- and will value more with each rainy season and each Friday evening that demonstrates why alternatives matter. 402sqm --- the compact, correctly sized Lekki Foreshore plot. This is the smallest plot available in the Lekki Foreshore Estate portfolio published by Smilebay Realties --- and it is the most accessible entry price into the estate as a result. At ₦390M, the buyer acquires a Lekki Phase 1, Lekki Foreshore address in Parcel a with the estate's full infrastructure credentials. The 402sqm footprint is ideal for either a high-yield block of flats or a well-configured private residence. The proximity to the main gate means the plot's position in the estate is one of the most immediately accessible. The drainage argument --- stated specifically, not generically. Lekki Foreshore Estate's drainage system is channelled directly to the Lagos lagoon. Not to a retention pond. Not to a soak-away that fills during sustained rainfall. To the lagoon. The engineering decision to channel drainage to the lagoon is the reason the estate remains dry during Lagos rainy seasons that have tested and failed the drainage infrastructure of older, less carefully planned Lekki estates. The developers of Lekki Foreshore studied the specific drainage failures of the estates that preceded it. The drainage infrastructure was built to address those failures explicitly. The result --- documented through multiple rainy seasons --- is an estate whose drainage works when others do not. This matters differently for a land buyer than for an apartment buyer. When you build on this plot, the structure you build sits on land whose drainage has been independently tested and confirmed operational. The compound you develop drains into an estate system that flows to the lagoon. The rainy season test that reveals inadequate drainage in other estates is, in this estate, already answered. Newly developed estate --- drainage channels are free and functioning. The description makes a specific technical point that deserves elevation: in a newly developed estate, the drainage channels have not yet accumulated the debris, silt, and blockage that accumulates over years of occupancy in older estates. The Lekki Foreshore drainage is new, clear, and operating at full capacity. For the buyer who builds now and occupies in the next 12 to 24 months, the drainage infrastructure is at its best possible operational state. Title documentation. The listing description does not state the specific title instrument. Based on the established Lekki Foreshore Estate title structure across all previous listings in this portfolio --- Deed of Assignment backed by a Global Certificate of Occupancy, with Governor's Consent upgradeable post-purchase --- this plot is expected to carry the same title foundation. Confirm the specific instrument at first contact. The agent has the documentation available. ₦390,000,000 --- approximately ₦970,149 per sqm. This is the most accessible total acquisition price for any outright Lekki Foreshore Estate plot in the Smilebay Realties portfolio. The 600sqm outright plots were listed at ₦850,000/sqm (₦510M). The 1,709sqm corner plot was at ₦850,000/sqm (₦1.45B). This plot --- 402sqm in Parcel a at ₦390M --- offers Lekki Foreshore Estate entry at the lowest total price in the portfolio, complete with high-value substructure already built out. Lekki Foreshore Estate is flood-free across all three parcels. The drainage system was built to channel water directly to the Lagos lagoon. This has been tested through multiple Lagos rainy seasons and confirmed operational. Smilebay Realties does not list properties in flood-prone areas. This plot in Lekki Foreshore Estate, Parcel a, was assessed against that standard before listing. It passed with the strongest drainage credential of any Lekki Phase 1 land listing in this portfolio. The call to action Lekki Foreshore Estate. Parcel a. Close to the main gate. 402sqm. ₦390,000,000. The smallest plot, piling foundation ready for a block of flats, and the lowest total acquisition price in the Lekki Foreshore Estate portfolio. Dual gate access. Lagoon-channelled drainage that has been tested through Lagos rainy seasons and confirmed dry. The buyer or developer for this plot has capital at this level and has been looking for a Lekki Phase 1 land position with existing substructure in an estate whose drainage argument they can actually trust --- not one stated in a bullet point, but one described with a specific engineering mechanism and a documented operational record. Title documentation available for immediate solicitor review. Site visit arrangeable this week. Call or WhatsApp Smilebay Realties: +234 901 517 4801 Lekki Phase 1. Foreshore Estate. Parcel a. The drainage works. The foundation is piled. The gate is close. The price is right. 402sqm Residential Land (with Piling Foundation) Lekki Foreshore Estate, Parcel a --- Close to Main Gate Lekki Phase 1, Lekki, Lagos Location within Estate: At the back of Plot 11 --- Parcel a position --- closest to estate main gate Foundation: Piling foundation in place (suitable for a block of flats) Access: Dual Gate --- Freedom Way + Admiralty Way, Lekki Phase 1 Drainage: Lagoon-channelled system --- flows directly to Lagos lagoon --- tested and confirmed dry through rainy seasons Estate: Newly developed --- drainage channels free and operating at full capacity Price: ₦390,000,000 (approximately ₦970,149 per sqm) Title: Confirm at first contact --- expected Deed of Assignment backed by Global C of O per estate standard Governor's Consent: Upgradeable post-purchase Flood-Free --- Strongest Drainage Credential in the Lekki Phase 1 Land Portfolio Confirmed by Smilebay Realties Pre-Listing Assessment Posted: July 18, 2026 Listed by: Smilebay Realties Limited --- Ref: 3578606

Lekki Foreshore Estate, Lekki Phase 1, Lekki, Lagos
5 Bedroom Detached House — Nicon Town, Lekki, Lagos
Premium
3
₦1,500,000,000

Detached duplex for sale

5 Bedroom Detached House

Nicon Town, Lekki. 5 Bedrooms. 2-Room BQ. ₦1,500,000,000. Governor's Consent. 800sqm. This Is Exactly What Nicon Town Is Averaging Right Now. Here's the Comparable Data That Proves It. The problem There's a specific exhaustion that comes with being a senior corporate professional --- a banker, an oil and gas executive, a tech lead --- who has finally decided to stop renting, only to discover that "Nicon Town, 5-bedroom" covers everything from ₦380,000,000 to ₦2,600,000,000, depending on land size, title, and finish level. Every evening spent renting ends the same way: surviving the Lekki-Epe crawl, coming home to a landlord's decisions about the generator and the compound access, watching your January renewal notice climb again. When you're finally ready to buy at this level, the last thing you need is uncertainty about whether the number in front of you reflects genuine value or an inflated asking price dressed up in Nicon Town's reputation. This listing removes that uncertainty with a specific, checkable data point: Nicon Town's own market average for houses currently for sale sits at ₦1,500,000,000 --- and that's exactly where this listing is priced. The agitation Here's what's actually trading in Nicon Town's 5-bedroom detached house market right now, and where this listing sits against it. A 5-bedroom duplex with maid room and 2-room BQ, Nicon Town Estate, Lekki Phase 1, is listed at ₦450,000,000. a 5-bedroom detached duplex with domestic quarters, Governor's Consent, on 1,000sqm, is listed at ₦380,000,000. a 5-bedroom fully detached house, Nicon Town Ikate-Elegushi, is listed at ₦890,000,000. a currently tenanted 5-bedroom detached house on 840sqm, with a Certificate of Occupancy, 1-room BQ, and a detached 2-bedroom guest chalet, is listed at ₦1,250,000,000 --- offering immediate rental income to a new owner. At the top end, a 5-bedroom house on 1,000sqm with extensive solar infrastructure, Governor's Consent, is asking ₦2,600,000,000, and a similarly specified 5-bedroom with four living rooms, an office, and a penthouse level is asking ₦2,500,000,000. Nigeria Property Centre's own market data confirms the picture: across 77 active house listings in Nicon Town, the average asking price is ₦1,500,000,000 --- the exact figure this listing carries. This isn't a coincidence to gloss over. It means this listing isn't priced at either extreme of Nicon Town's market. It's priced precisely at the neighborhood's documented average, for a genuinely comparable 800sqm footprint with a 2-room BQ. One detail worth stating plainly: this property carries Governor's Consent, not a full Certificate of Occupancy. The tenanted 840sqm comparable above, which carries a C of O, is priced lower at ₦1,250,000,000 --- though it comes with an existing tenant a new owner would need to work around before taking full occupancy. A buyer should weigh title tier and vacant-possession timing against this listing's average-market pricing before finalizing a decision. The solution a 5-bedroom detached duplex with a 2-room BQ, Nicon Town, Lekki. Governor's Consent. Land size 800sqm. ₦1,500,000,000. Here is what each element actually delivers: Nicon Town itself. Widely referenced across Lekki listings as a premium, low-density residential estate along the Lekki-Epe Expressway --- the kind of established address where NPC's own 77-listing average confirms genuine, consistent demand rather than speculative pricing. 800sqm. A substantial footprint, comparable to the 840sqm tenanted C of O property and larger than the 450,000,000-tier 5-bedroom comparables --- enough land for real compound space, gardens, and the 2-room BQ this listing includes. 2-room boys' quarters. Genuine domestic staff housing capacity, matching or exceeding what several comparable listings offer as a single room. All rooms en-suite, fitted kitchen, pop ceiling, built-in wardrobes. A complete interior finish appropriate to this price tier, consistent with what's described across the comparable set. Swimming pool, landscaped garden. Recreation and outdoor family space within your own compound --- no shared amenity, no separate club membership. 24/7 power supply, prepaid meter, borehole, treated water. Utility independence from a landlord's discretion --- the daily frustration that renting in Lagos never fully resolves. Full layered security: security gate, perimeter fencing, electric fence, burglar proof, CCTV surveillance, security/gateman, intercom, fire safety. A comprehensive security profile appropriate to a property at this price point. Why this beats going in without the comparable data. A buyer negotiating against a single Nicon Town asking price has no reference point beyond the agent's word. A buyer who knows this listing sits exactly at the area's documented 77-listing average --- while also knowing the title is Governor's Consent rather than C of O, and that a comparable C of O property with an income-producing tenant is priced lower --- is negotiating from genuine market intelligence, not guesswork. The call to action ₦1,500,000,000. 5-bedroom detached duplex with 2-room BQ, Nicon Town, Lekki. Governor's Consent. 800sqm. The buyer for this property has already seen what else is trading in Nicon Town --- from ₦380,000,000 to ₦2,600,000,000 --- and knows this listing sits precisely at the neighborhood's documented market average, with a title type worth confirming through independent solicitor review before closing. Call or WhatsApp Smilebay Realties: +234 901 517 4801. Viewing by appointment. Request Governor's Consent documentation for independent solicitor review, and ask directly how it compares to the C of O status carried by comparable properties in the same estate. The average price for this estate is already documented, and this listing sits exactly on it. The comparable homes above and below it are already trading, sqm for sqm. The only thing left to confirm before you commit is the title --- and that's a solicitor's job, not a guess. Property Type: Detached Duplex --- For Sale Bedrooms: 5 --- Bathrooms: 7 --- Toilets: 8 Land Size: 800 sqm Price: ₦1,500,000,000 Title: Governor's Consent --- recommend independent solicitor comparison against C of O comparables before closing Location: Nicon Town, Lekki, Lagos Interior & Finishing: Fitted kitchen --- pop ceiling --- Built-in wardrobes --- En-suite bedrooms --- Tiled floors --- Water heater --- Guest toilet Power & Utilities: 24/7 power supply --- Prepaid meter --- Borehole --- Treated water --- High-speed internet/WiFi Security & Safety: Security gate --- Perimeter fencing --- Electric fence --- Burglar proof --- CCTV surveillance --- Security/gateman --- Intercom --- Fire safety Outdoor & Communal: Swimming pool --- Landscaped garden --- Boys' quarters (2-room BQ) --- Car park --- Balcony --- Outdoor lighting NPC/Market Comparable Context (Nicon Town, 5-bedroom detached houses): 5-bed duplex w/ maid room + 2BQ, Nicon Town Estate --- ₦450,000,000 5-bed detached, Governor's Consent, 1,000sqm --- ₦380,000,000 5-bed detached, Nicon Town Ikate-Elegushi --- ₦890,000,000 5-bed detached, 840sqm, C of O, currently tenanted, 1BQ + guest chalet --- ₦1,250,000,000 5-bed detached, 1,000sqm, extensive solar system, Governor's Consent --- ₦2,600,000,000 5-bed detached, 1,000sqm, 4 living rooms + office + penthouse --- ₦2,500,000,000 Nicon Town area average (77 active house listings, NPC) --- ₦1,500,000,000 This listing: 5-bed detached w/ 2BQ, 800sqm, Governor's Consent --- ₦1,500,000,000 Posted: 22 September 2026 Listed by: Smilebay Realties Limited --- Ref: #369-054-6

Nicon Town, Lekki, Lagos
5 beds 7 baths
Furnished 2 Bedroom Apartment — Spar Road, Ikate, Lekki, Lagos
Premium
10
₦15,000,000 /yr

Flat / apartment for rent

Furnished 2 Bedroom Apartment

Furnished 2 Bedroom Apartment with a Swimming pool and an Elevator in a fully serviced estate Ikate, Lekki Lagos Rent: 15M Agency: 10% Legal: 10% Caution: 10% Service 1.450M

Spar Road, Ikate, Lekki, Lagos
2 beds 2 baths
Newly Built 4-Bedroom Maisonette Off Admiralty Way, Lekki Phase 1 — Off Admirality Way, Lekki Phase 1, Lekki, Lagos
Premium
24
₦450,000,000

Terraced duplex for sale

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

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

Off Admirality Way, Lekki Phase 1, Lekki, Lagos
4 beds 4 baths
811 SQMS Residential Land — Cowrie Creek Estate, Ikate, Lekki, Lagos
Premium
1
₦920,000,000 per plot

Residential land for sale

811 SQMS Residential Land

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

Cowrie Creek Estate, Ikate, Lekki, Lagos
Residential Land — Lekki Foreshore Estate, Lekki Phase 1, Lekki, Lagos
Premium
2
₦900,000 per sq.m

Residential land for sale

Residential Land

Lekki Foreshore Estate, Lekki Phase 1. 1,000 SQM. ₦900,000 per SQM. ₦900,000,000 Total. Registered Deed of Assignment. Global C of O. Gazette. The Estate's Rate Just Moved. Here's the Plot at the New Number. The problem There's a category of Lekki Phase 1 land buyer who has already done the work most people skip --- verified the drainage claim, verified the title structure, and settled on Lekki Foreshore Estate specifically. What's left isn't whether to buy in this estate. It's whether the current asking price still makes sense against what the estate has been trading at. This listing is 1,000sqm, Lekki Foreshore Estate, ₦900,000 per sqm --- and it's worth comparing directly against what else has moved in this same estate recently. The agitation Here's the estate's own recent trading history, and where this listing sits against it. Multiple outright plots in Lekki Foreshore Estate --- a 600sqm parcel, a 700sqm parcel, and a 1,709sqm corner plot --- have all been listed at ₦850,000 per sqm. A smaller, gate-adjacent 402sqm Parcel a plot commanded a premium above that standard rate, at roughly ₦1,069,652 per sqm, reflecting its specific proximity to the main gate. This listing --- 1,000sqm at ₦900,000 per sqm --- sits above the estate's established ₦850,000/sqm standard rate, but below the Parcel a gate-proximity premium. That's a meaningful data point for a buyer tracking this specific estate: the baseline rate here has moved from ₦850,000 to ₦900,000 per sqm on this listing, a roughly 6% increase over the previously verified standard plots. Whether that reflects genuine estate-wide appreciation, a different parcel position within the estate, or simply a newer listing catching up to market movement is worth asking the agent directly --- but it's not an unreasonable increase relative to the estate's own track record. The solution 1,000 square metres of residential land, Lekki Foreshore Estate, Lekki Phase 1. Registered Deed of Assignment. Global Certificate of Occupancy. Gazette. ₦900,000 per square metre. ₦900,000,000 total. Here is what this parcel delivers: Lekki Foreshore Estate's drainage architecture. As established across this estate's listings, the drainage system is channelled directly to the Lagos lagoon rather than to a soak-away or retention pond that backs up during heavy rainfall. This listing describes the same mechanism directly: excellent drainage connected to the lagoon, with no flash flooding --- consistent with the estate's documented track record through multiple rainy seasons. Dual gate access --- Freedom Way and Admiralty Way. The same operational advantage established across this estate: when one route backs up, the other is available, a genuine daily commute benefit in Lagos traffic conditions. A newly created layout. As with the estate's other recent listings, new drainage infrastructure means channels that haven't yet accumulated years of silt and debris --- operating at full capacity for a buyer building and occupying in the near term. 1,000sqm. A genuinely spacious footprint --- larger than the estate's 402, 600, and 700sqm comparables --- sized comfortably for a main house, BQ, real parking, and garden space without stepping into the estate's largest 1,709sqm corner-plot tier. Registered Deed of Assignment, Global C of O, and Gazette. The same triple-layered title documentation already established as this estate's standard --- strong, verifiable, and ready for solicitor review. Why this beats the alternatives on the table. The 600sqm and 700sqm plots at ₦850,000/sqm cost less per sqm but offer meaningfully less space. The 1,709sqm corner plot offers more scale at the same standard rate, but at a much larger total commitment. This 1,000sqm plot is the mid-scale option --- more room than the smaller parcels, a smaller total outlay than the corner plot, at a rate only modestly above the estate's established baseline. The call to action 1,000sqm. Lekki Foreshore Estate, Lekki Phase 1. ₦900,000/sqm. ₦900,000,000 total. Registered Deed of Assignment, Global C of O, Gazette. The buyer for this plot has already accepted the case for this estate's drainage and title credentials --- what's left is locking in a genuinely spacious mid-scale plot before the estate's rate moves further from its established ₦850,000/sqm baseline. Call or WhatsApp Smilebay Realties: +234 901 517 4801. Title documentation available for immediate solicitor review. Ask directly what's driving the rate above the estate's previously verified ₦850,000/sqm standard. The drainage has already been tested through more than one rainy season. The dual gates are already built into the layout. The only open question is whether you lock in today's rate before it moves again. Land Type: Residential Land (Vacant) Size: 1,000 sqm Price: ₦900,000/sqm --- ₦900,000,000 total Title: Registered Deed of Assignment, Global Certificate of Occupancy, Gazette Drainage: Directly connected to the Lagos lagoon --- no flash flooding Access: Dual gate --- Freedom Way and Admiralty Way Location: Lekki Foreshore Estate, Lekki Phase 1, Lekki, Lagos Internal Comparable Context (Lekki Foreshore Estate): 600sqm outright plot --- ₦850,000/sqm 700sqm outright plot --- ₦850,000/sqm 1,709sqm corner plot --- ₦850,000/sqm 402sqm, Parcel a, gate-adjacent --- ≈₦1,069,652/sqm This listing: 1,000sqm --- ₦900,000/sqm (₦900,000,000) Posted: 26 August 2026 Listed by: Smilebay Realties Limited --- Ref: #364-196-5

Lekki Foreshore Estate, Lekki Phase 1, Lekki, Lagos
Residential Land — Victory Park Estate, Osapa, Lekki, Lagos
Premium
1
₦400,000,000 per plot

Residential land for sale

Residential Land

Victory Park Estate, Osapa, Lekki. 450 SQM. ₦400,000,000. Registered Deed of Assignment, Global C of O, Gazette. 100% Dry Land. Flood-Free. Directly Off Osapa Express Road. The Land Is Priced at the Entry Point. The Finished Duplexes in This Same Estate Are the Exit Evidence. The problem There's a category of Lekki land buyer who has already figured out the arithmetic most people miss --- that the real margin in Lagos real estate isn't captured by the person who buys the finished duplex. It's captured by whoever bought the land underneath it years earlier, at the entry price, before construction, finishing, and a developer's profit got added on top. Victory Park Estate, Osapa, is a documented example of exactly that gap. Finished duplexes inside this same estate are trading around ₦850,000,000. Land inside the estate, at the entry-price tier, trades at a fraction of that. The distance between the two isn't abstract --- it's the margin a developer or self-builder captures by entering at the land stage instead of the finished-product stage. This listing is 450sqm inside that same estate, ₦400,000,000, with a Global C of O, registered Deed of Assignment, and Gazette title. The agitation Here's what's actually trading in and around Victory Park Estate right now, and where this listing sits against it. A near-identical 450sqm parcel inside Victory Park Estate --- same size, same Global C of O plus registered Deed of Assignment title structure --- has separately been listed at the same ₦400,000,000 net price. That's not a coincidence worth dismissing; it's independent confirmation that ₦400,000,000 is the estate's genuine going rate for a 450sqm plot at this title tier, not an inflated one-off number. Other comparables inside the estate: a 547.295sqm back plot with C of O and Deed of Assignment is listed at ₦265,000,000, or approximately ₦484,290/sqm --- cheaper per sqm, reflecting its back-plot position. A 900sqm plot with a straightforward C of O is listed at ₦750,000,000, or approximately ₦833,333/sqm. A distress-sale 450sqm front plot, sold under time pressure by an owner who needs cash, is listed at ₦350,000,000, or roughly ₦777,778/sqm --- priced below this listing specifically because it's a forced sale, not a comparable market rate. A 453sqm plot elsewhere in the estate is listed at ₦295,000,000, approximately ₦651,215/sqm, on a lower Governor's Consent-tier title. This listing --- 450sqm at ₦400,000,000, or approximately ₦888,889/sqm --- sits at the upper end of this range, consistent with its stronger triple-layered title: registered Deed of Assignment, Global C of O, and Gazette, a stronger documentation position than the Governor's Consent-only comparables trading lower. The estate-wide average asking price for land here is documented at approximately ₦360,000,000, with a range extending from ₦300,000,000 to ₦800,000,000 --- this listing sits comfortably inside that range, and its independently confirmed twin listing at the same price removes any doubt about whether the number is genuine. The solution 450 square metres of bare land, Victory Park Estate, Osapa, Lekki. Registered Deed of Assignment. Global Certificate of Occupancy. Gazette. 100% dry land, flood-free, directly off Osapa Express Road. ₦400,000,000. Here is what this parcel delivers: Victory Park Estate itself. A gated, solely residential community bordering Nicon Town to the east and Osapa London to the west, developed as a joint venture involving four banking institutions. The estate is characterized by excellent road, drainage, security, and communal water infrastructure, with predominantly luxurious multi-floor detached duplexes already built and occupied --- genuine, established demand, not speculative. Registered Deed of Assignment, Global Certificate of Occupancy, and Gazette. A triple-layered title structure, stronger than the Governor's Consent-only title seen on several lower-priced comparables in the same estate --- this is a meaningful part of why this plot commands a premium over those specific comparables. 100% dry land, flood-free, directly off Osapa Express Road. Road frontage on a primary access route through Osapa, combined with a stated flood-free condition --- genuinely relevant given how many Lekki-area estates have struggled with drainage during heavy rainfall. 450sqm. A workable footprint for a private residence, consistent with what's already built throughout the estate and with the exact size of the independently confirmed comparable listing at the same price. Independently verified pricing. ₦400,000,000 is not a single agent's asking price taken on faith --- it's confirmed by a separate, independently listed 450sqm parcel in the same estate at the identical net price. Why this beats the alternatives on the table. The 547sqm back plot and 453sqm Governor's Consent plot cost less, but carry weaker titles or less desirable positioning. The distress-sale 450sqm front plot is cheaper specifically because the seller is under financial pressure --- a genuine bargain if the buyer moves fast, but not evidence that ₦400,000,000 is overpriced for a plot with the full title package this listing carries. The 900sqm plot offers double the land at a proportionally similar rate, a reasonable option only if a buyer specifically needs that much scale. The call to action 450sqm. Victory Park Estate, Osapa, Lekki. ₦400,000,000. Registered Deed of Assignment, Global C of O, Gazette. 100% dry, flood-free, directly off Osapa Express Road. The buyer for this plot understands the arithmetic already playing out in this estate: land now, at the entry price, versus a finished duplex later at roughly double the cost per square metre once someone else's construction margin is added on top. Call or WhatsApp Smilebay Realties: +234 901 517 4801. Title documentation available for immediate solicitor review. Site visit arrangeable this week. The finished duplexes in this estate are already trading near ₦850,000,000. The land under them is still available at a fraction of that number. The only decision left is whether you enter at the land price or the finished price. Land Type: Residential Land (Vacant) Size: 450 sqm Price: ₦400,000,000 total (≈₦888,889/sqm) Title: Registered Deed of Assignment, Global Certificate of Occupancy, Gazette Condition: 100% dry land, flood-free Access: Directly off Osapa Express Road Estate: Victory Park Estate --- gated, residential, developed via JV with Skye Bank, Sterling Bank, Wema Bank, and Unity Bank; features swimming pool, gym, tennis court, and green common areas Location: Victory Park Estate, Osapa, Lekki, Lagos Market Comparable Context (Victory Park Estate & Osapa corridor): 450sqm, Victory Park Estate, Global C of O + Deed of Assignment --- ₦400,000,000 (identical independent listing confirming this rate) 547.295sqm back plot, C of O + Deed of Assignment --- ₦265,000,000 (≈₦484,290/sqm) 900sqm, C of O --- ₦750,000,000 (≈₦833,333/sqm) 450sqm front plot, distress sale, C of O --- ₦350,000,000 (≈₦777,778/sqm) 453sqm, Governor's Consent tier --- ₦295,000,000 (≈₦651,215/sqm) Estate-wide average asking price --- ≈₦360,000,000 (range ₦300,000,000--₦800,000,000) Finished duplexes in same estate --- ≈₦850,000,000 (documented exit-value comparable) This listing: 450sqm, Victory Park Estate --- ₦400,000,000 (≈₦888,889/sqm) Posted: 31 August 2026 Listed by: Smilebay Realties Limited --- Ref: #364-935-9

Victory Park Estate, Osapa, Lekki, Lagos
4 Units of 3 Bedroom Masionettes — Ikoyi, Lagos
Premium
23
₦55,000,000 /yr

Flat / apartment for rent

4 Units of 3 Bedroom Masionettes

Ikoyi. 4 Units of 3 Bedroom Maisonettes. ₦55,000,000 Per Annum. Newly Built. BQ. Elevator. Gym. Rooftop Terrace. Service Charge: TBD. The Build Quality Is Real. The Total Package Isn't Knowable Yet --- Here's What to Settle Before You Sign. The problem There's a specific kind of exhaustion that belongs to the Ikoyi corporate renter --- the banker, the oil and gas executive, the tech lead who has been quietly earning well for years and is still handing over a number every January that someone else decides. Every evening ends the same way. Survive the Third Mainland or Falomo crawl. Get home to a compound where the generator schedule, the water pressure, the security rota, and the unannounced "inspection" are all someone else's call. Then the renewal notice arrives and the figure has moved again, absorbing the bonus you worked weekends through December to earn. Paying more doesn't fix that. What fixes it is a properly managed, newly built property where the infrastructure is run at estate level --- and a total annual cost you can actually calculate before you commit. This listing delivers the first part convincingly. The second part is still open. The agitation Here's what's actually renting in the Ikoyi 3-bedroom maisonette market right now, and where this listing sits against it. This listing --- ₦55,000,000 per annum, unfurnished The solution One of 4 units of tastefully built 3-bedroom maisonettes, Ikoyi, Lagos. 3 bathrooms, 4 toilets. BQ. Newly built. ₦55,000,000 per annum. Service charge TBD. Caution 10%. Legal 10%. Agency 10%. Here is what each element actually removes from your life: Newly built, four available units. First occupancy means no inherited wear, no previous tenant's damage disputes, and no renovation backlog a landlord keeps promising to address. Four units also means genuine choice on floor and orientation rather than take-it-or-leave-it. All rooms en-suite, 3 bathrooms and 4 toilets. Every member of the household operates independently. No queue before a 6am departure, no negotiation over the guest bathroom when visitors arrive. Boys' quarters (BQ). Staff housing built into the property's own footprint, not sourced separately or negotiated as an afterthought. Elevator. In a multi-level maisonette, this is the difference between carrying groceries, luggage, and an elderly parent up stairs daily and simply pressing a button. Genuinely relevant for a household with young children or ageing family. Rooftop open terrace. Private elevated outdoor space --- the evening you're usually too tired to have anywhere else, without leaving the building or sharing it with the street. Gym and swimming pool. Recreation and recovery on-site, removing a separate club membership and a separate commute from an already full day. 24/7 power supply, prepaid meter, standby generator, borehole, treated water. The two most common landlord disputes in Lagos --- power reliability and water quality --- handled at building level as managed infrastructure rather than at one owner's discretion. Security gate, perimeter fencing, electric fence, CCTV surveillance, security/gateman, fire safety. A layered security profile appropriate to the price point. Worth noting: the amenity list here does not mention an intercom, which several comparable Ikoyi listings include. Fully fitted kitchen, air conditioning, pop ceiling, built-in wardrobes, tiled floors, water heater, guest toilet. A complete move-in-ready interior. No furnishing gaps, no contractor visits before you can actually live there. The call to action ₦55,000,000 per annum. 3-bedroom maisonette with BQ, newly built, Ikoyi. Service charge TBD. Caution 10%. Legal 10%. Agency 10%. The tenant for this property should already know that comparable Ikoyi 3-bedroom maisonettes with BQ, elevator, pool, and gym are currently renting between ₦35,000,000 and ₦50,000,000 --- and should get the service charge confirmed in writing before committing to anything. Call or WhatsApp Smilebay Realties: +234 901 517 4801. Viewing by appointment. Ask specifically: what is the confirmed annual service charge, and what does it cover --- diesel, electricity, water treatment maintenance, common area cleaning? The build is newly finished and the amenity list is complete. The rent sits at the top of what Ikoyi 3-bedroom maisonettes are asking. The one number still missing is the one that decides what this actually costs you every year. Property Type: Flat / Apartment (Maisonette) --- For Rent Units Available: 4 Bedrooms: 3 --- Bathrooms: 3 --- Toilets: 4 Rent: ₦55,000,000 per annum Service Charge: TBD --- confirm in writing before signing Caution: 10% --- Legal: 10% --- Agency: 10% Location: Ikoyi, Lagos Interior & Finishing: - Fitted kitchen - Air conditioning - pop ceiling - Built-in wardrobes - En-suite bedrooms - Tiled floors - Water heater - Guest toilet Power & Utilities: - 24/7 power supply - Prepaid meter - Standby generator - Borehole - Treated water - High-speed internet/WiFi Security & Safety: - Security gate - Perimeter fencing - Electric fence - CCTV surveillance - Security/gateman - Fire safety Outdoor & Communal: - Swimming pool - Boys' quarters (BQ) - Car park - Balcony - Outdoor lighting - Elevator - Gym - Rooftop open terrace - Water treatment Posted: 18 September 2026 Listed by: Smilebay Realties Limited

Ikoyi, Lagos
3 beds 3 baths

About Smilebay Realties Limited

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