Smilebay Realties Limited

Chevron Dr 4, FL 2 Lekki, Lagos, Nigeria

10 years on Nigeria Property Centre smilebay.estateagentsng.com

Chevron Dr 4, FL 2 Lekki, Lagos, Nigeria

10 years on Nigeria Property Centre smilebay.estateagentsng.com

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40 Active Active listings

35 For sale For sale

4 For rent For rent

0 Short let Short let

3 Areas Areas covered

Areas covered

3 areas across Lagos

Lekki 21 Ikoyi 11 Victoria Island (VI) 8

Listings Listings from Smilebay Realties Limited

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2-Bedroom Apartment + BQ Adeola Odeku, Victoria Island

Premium

₦470,000,000

Flat / apartment for sale

2-Bedroom Apartment + BQ Adeola Odeku, Victoria Island

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

Adeola Odeku, Victoria Island (VI), Lagos

2 Beds 2 Baths

Premium

₦90,000,000

Terraced duplex for sale

2 Bedrooms Terraced Duplex

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

Mobil Road, Lekki, Lagos

2 Beds 3 Baths

Premium

₦250,000,000

Flat / apartment for sale

2 Bedroom High Rise Apartments with BQ

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

Periwinkle Lifestyle Estate, Lekki Phase 1, Lekki, Lagos

2 Beds 2 Baths

Premium

₦176,000,000

Flat / apartment for sale

2-Bedroom Apartment

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

Off Admirality Way, Lekki Phase 1, Lekki, Lagos

2 Beds 2 Baths

Premium

₦219,000,000

Flat / apartment for sale

2-Bedroom Carcass Apartment

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

Oniru, Victoria Island (VI), Lagos

2 Beds 2 Baths

Premium

₦450,000,000 per plot

Residential land for sale

453SQM & 560SQM Residential Land

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

Victory Park Estate, Osapa, Lekki, Lagos

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

Premium

₦690,000,000

Residential land for sale

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

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

Off Admirality Way, Lekki Phase 1, Lekki, Lagos

Premium

₦400,000,000 per plot

Residential land for sale

400 SQMS Land

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

Hampton Bay Estate, Ikate, Lekki, Lagos

Premium

₦850,000 per sq.m

Residential land for sale

1, 700SQM Corner Plot

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

Lekki Foreshore Estate, Lekki Phase 1, Lekki, Lagos

Premium

₦1,800,000,000

Residential land joint venture

2, 000 SQM JV Land Parcel B,

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

Lekki Foreshore Estate, Lekki Phase 1, Lekki, Lagos

3-Bedroom Fully Serviced Apartment Off Admiralty Way, Lekki Phase 1

Premium

₦30,000,000 /yr

Flat / apartment for rent

3-Bedroom Fully Serviced Apartment Off Admiralty Way, Lekki Phase 1

You Have a Senior Title, a Senior Salary, and a Home That Doesn't Know Either. The problem You close deals in boardrooms with floor-to-ceiling glass. You present to committees on twelve-figure portfolios. Your email signature carries weight. Vendors treat you carefully. Your LinkedIn profile is clean, precise, and senior. Then you come home. And the building is tired. The lobby smells like damp concrete. The elevator --- if there is one --- is the slowest moving object in Lekki. The walls are thin enough that you hear your neighbour's arguments. The kitchen cabinets are original to 2011. The generator kicks in with a sound that you have just accepted as part of your evening soundtrack. You have adapted to all of it. That adaptation is the problem. You have spent years calibrating downward. Telling yourself it is temporary. Telling yourself you are saving, being sensible, not being extravagant. But the environment you live in shapes the person you become inside it. And the person your landlord's building is producing every morning is not the same person your career is demanding. The agitation Here is what the wrong apartment is actually costing you. Not in rent. In output. You wake up in a building that doesn't work properly. The power situation requires management before 7 AM. The water pressure is a negotiation. The compound has a gate man who does not understand the concept of quiet after 10 PM. Your master bedroom is not a place of recovery --- it is just where you sleep when you are too tired to stay awake. You leave for work already slightly depleted. Your spouse absorbs the domestic frictions you don't have time to resolve. Your children are growing up in a home whose energy you have quietly settled for. And then --- the renewal letter arrives. Your landlord has increased the rent. Again. Not because the building improved. Not because the service got better. Because he can. Because your school runs are mapped, your children's friends are in the next compound, and your church is three streets away, and he knows moving is painful enough that you will pay. So you pay. And you stay in a home that is beneath you. For another year. The solution This apartment off Admiralty Way, Lekki Phase 1, is where that pattern ends. Not because renting ends --- it doesn't, not with this one. But because the experience of renting is about to look completely different from anything you have settled for before. Here is what this building actually delivers: The doors announce the building before you see anything else. Solid cedar wood. 2.7 metres high. The kind of entrance that recalibrates your posture every time you walk through it. You know what you are coming home to before the key turns. Italian marble on the staircase and entrance lobby. Not laminate. Not porcelain pretending to be stone. Marble. The finish is the standard you see in the better addresses in Ikoyi --- brought to a Lekki Phase 1 rental at ₦30 million per annum. That is a deliberate build quality decision by a developer who understood what this corridor demands. Spanish vitrified floor tile throughout. Consistent finish. Cool underfoot. The kind of surface that makes a space feel considered rather than assembled. A panoramic view. From inside your own apartment. Not a courtyard view. Not a generator shed view. A real, open panoramic. This matters more than most people admit --- what you see when you look up from your laptop at 8 PM at home is part of your recovery infrastructure. The master bedroom is a suite, not a room. Spacious enough that it functions as the retreat it needs to be. This is where a senior professional recharges between high-output weeks. The space respects that function. Fully fitted kitchen. Not partially. Not "almost." The kitchen is done. You bring your groceries and your chef. The infrastructure is already in place. Elevator in the building. You do not carry shopping, a laptop bag, and your briefcase up three flights of stairs in Lagos heat. The elevator handles it. Small thing. Not a small thing. Swimming pool. Gym. Concierge service. The pool is for Sunday mornings with your children before anyone else is awake. The gym is the membership you keep cancelling elsewhere because this one is 90 seconds from your bedroom. The concierge is for when you need something handled and you do not have bandwidth to handle it yourself. Fully serviced building. Estate management operates the infrastructure. Your generator situation is resolved at the building level. Your water situation is resolved at the building level. You move in and you live. You are not a facility manager who also happens to have a demanding job. Two dedicated parking lots. Yours. Not shared. Not rotational. Two allocated spaces for two vehicles, secured in a building that knows what its tenants drive. ₦30,000,000 per annum. That is the rent figure. The total move-in requirement is structured as follows: Rent ₦30M + Agency fee 10% (₦3M) + Legal fee 10% (₦3M) + Caution deposit 10% (₦3M) = ₦39,000,000 to move in. This is disclosed upfront --- not because it is negotiable, but because this is a premium building and it is fair to both parties that the financial picture is complete before a viewing is scheduled. The call to action This apartment is not competing on price. It is competing on quality against every other 3-bedroom rental in Lekki Phase 1 --- and on that measure, the cedar doors, the marble lobby, the elevator, the panoramic view, and the full service infrastructure place it in a category of its own at this rent level. If you are a senior professional --- a director, a VP, a tech lead, an upstream professional --- who has been meaning to stop settling for a home that does not match your professional standing, this is a direct and immediate answer to that. Your move-in budget needs to be ₦39M liquid. If it is, one call is all this takes. Call or WhatsApp Smilebay Realties: +234 901 517 4801 Because the version of you that wakes up in this apartment --- in a building that works, in a space that was built to a standard, looking at a view that isn't a car park --- is a different version from the one your current building is producing. And that version is worth the upgrade. 3 Bedrooms 3 Bathrooms 3 Toilets Fully Serviced Cedar Wood 2.7M Doors Italian Marble Lobby Spanish Vitrified Tiles Elevator Swimming Pool Gym Concierge Panoramic View 2 Parking Lots Off Admiralty Way, Lekki Phase 1, Lagos ₦30M Per Annum Move-In Total: ₦39M (Rent + Agency 10% + Legal 10% + Caution 10%) Listed by Smilebay Realties Limited Ref: 3514114

Off Admirality Way, Lekki Phase 1, Lekki, Lagos

3 Beds 3 Baths

567SQM Residential Land Carlton Gate Estate, Chevron Drive, Lekki

Premium

₦500,000,000

Residential land for sale

567SQM Residential Land Carlton Gate Estate, Chevron Drive, Lekki

You Have Spent Your Career Building Other People's Visions. This Is the Land Where You Finally Build Your Own. The problem You are good at what you do. Exceptionally good, actually. The deals you close, the systems you architect, the barrels you move, the portfolios you manage --- the scale of what passes through your hands on a regular Tuesday is something most people will never experience in a career. And yet. You do not own the ground you stand on. Not here. Not in the corridor where your professional life happens. Not in the neighbourhood where your children's schools are, where your church is, where your social infrastructure has spent years taking root. You rent. Or you own somewhere further out --- somewhere you bought because it was what you could afford at the time, in a location that felt like a placeholder. Every year, you tell yourself the Lagos property situation will get more accessible. It does not. Every year, the Chevron Drive corridor gets more expensive, more constrained, and harder to enter. The people who planted flags here five years ago are not selling. The ones who bought three years ago are sitting on assets that have outpaced almost every financial instrument available to you. The window does not stay open. The agitation Here is the version of this story that nobody tells you until it is already too late. Carlton Gate Estate on Chevron Drive is not an address you stumble into. It is a gated estate with controlled access, clean title infrastructure, and a profile of residents that tells you exactly what kind of address it is. This is not a developing corridor you are betting on. This is an established, in-demand estate on one of the most recognized roads in Lagos real estate. Plots in estates like this do not re-enter the market frequently. When they do, they carry a title that either holds or doesn't. When they don't hold --- when the C of O is community, when the family dispute surfaces two years after purchase, when the survey conflicts with the neighbouring parcel --- the consequences fall entirely on the buyer. You have heard those stories. Every Lagos professional has. The fear of that story --- the title story, the "I thought it was clean" story --- is what has kept good money on the sidelines. It is what has turned capable people into permanent renters of other people's equity. And while you were waiting for certainty, the available plots on Chevron Drive got fewer. The prices went up. The ₦300M plot you passed on two years ago is ₦500M today. The ₦500M plot you are looking at right now will not be priced at ₦500M two years from now. This market does not reward hesitation. It charges interest on it. The solution 567 square metres of titled, ready-to-build residential land inside Carlton Gate Estate, Chevron Drive, Lekki. This is not an emerging play. This is not an off-plan position on a corridor you hope develops. This is a clean, rectangular plot in a functioning, gated estate on one of Lagos's most proven real estate addresses --- priced at ₦500,000,000, reduced from ₦550,000,000, available now. Here is what the asset actually delivers: The shape matters more than most buyers realize. This is a rectangle. Not an irregular polygon. Not a plot that forces a compromised building footprint because of how it sits. A true rectangular layout means your architect works with the full 567 square metres without triangulated corners eating into your floor plates. You build what you designed, not what the land's geometry allows. 567 square metres on Chevron Drive is a sovereign position. This is your land. Your compound. Your fence line. No shared walls with a neighbour whose generator placement you cannot control. No estate management dictating what your building must look like. You commission the architect. You choose the contractor. You decide whether this becomes the home your family has never had, a premium twin duplex development that sells into a market with documented demand, or a corporate residential asset that generates returns while you continue building your career. No developer. No JV partner. No sharing formula. Yours outright. The title is the entire story. The documentation on this plot is: Deeds of Assignment backed by a Global Certificate of Occupancy. In Lagos land transactions, this is as clean as it gets. A Global C of O means the state has registered, verified, and issued a master title over the estate. Your Deed of Assignment traces directly back to that registered title. Your solicitor will find nothing to flag. No family land. No multiple claimants. No boundary disputes waiting to be activated. The paper trail ends at the Lagos State government --- not at a community, not at an Oba's approval, not at a pending application. At the government. Done. Ready to build means exactly that. You are not buying a drainage problem. You are not inheriting an encroachment dispute. The plot is surveyed, staked, and construction-ready. Your project can break ground as soon as your design is approved and your contractor is mobilized. There is no remediation phase. There is no "wait for the area to develop" phase. The estate is developed. You are entering an already-working environment. The price reduction is real and it has a shelf life. This plot was listed at ₦550,000,000. It is now ₦500,000,000. That ₦50,000,000 reduction was not made because the asset has a problem. It was made because the seller has a timeline. In a market where Chevron Drive land has only moved in one direction over the last decade, a ₦50M reduction on a clean, titled, ready-to-build rectangular plot in a gated estate is not a discount to investigate --- it is a signal to act on. The call to action Carlton Gate Estate does not have an unlimited supply of plots. This one is 567s qm, rectangular, C of O-backed, ready to build, and priced ₦50 million below its recent ask. The buyer for this plot is a specific person: capital ready, title-literate, and clear on what they want to do with Chevron Drive land. They are not looking for more information to form a view. They already have a view. They are looking for the right asset to execute on. If that is you --- if your funds are structured and your solicitor is a phone call away --- this is a one-conversation close. Call or WhatsApp Smilebay Realties: +234 901 517 4801 Verification can begin today. Documentation is available immediately. Because the professionals who built lasting wealth in Lagos real estate were not the ones who waited for a better deal. They were the ones who recognized a clean deal when it was in front of them --- and moved. 567 sqm Residential Land Rectangle Shape Ready to Build Carlton Gate Estate, Chevron Drive, Lekki, Lagos Title: Deeds of Assignment + Global Certificate of Occupancy Price: ₦500,000,000 (Reduced from ₦550,000,000) Listed by Smilebay Realties Limited Ref: 3505875

Chevron Drive - Carlton Gate Estate, Lekki, Lagos

Premium

₦250,000,000

Flat / apartment for sale

1-Bedroom Fully Serviced Apartment

Imagine what life would fee like on a daily basis to never have to leave VI to beat traffic? The problem Your office is on Victoria Island. Your bank branch, your biggest client's boardroom, your favourite lunch spot, the meeting that starts at 8 AM sharp --- all of it is here. And yet, every single morning, you come from somewhere else to get to it. You leave Lekki at 5:50 AM because the 7 AM departure stopped working for you two years ago. You watch the toll gate swallow your morning. You arrive at the office already depleted --- before a single email is opened, before a single decision is made. Then you do it in reverse. Sometimes at 9 PM. Sometimes later. You are one of the highest-functioning people in your organization. And Lagos is extracting a daily toll on that function that nobody measures but everybody feels. The agitation Here is what that commute is actually costing you. Not the fuel. Not the Uber charges --- though those add up faster than people admit. The real cost is cognitive. It is the mental load of spending 2--3 hours every day doing something that requires just enough attention that you cannot use the time productively, but just enough monotony that it numbs you, the time you arrive. You get to the office already running on 80%. The person your team needs at 9 AM --- the sharp one, the decisive one, the one who catches the detail everyone else missed --- that person is still stuck somewhere on Ozumba Mbadiwe. The version of you that shows up has already absorbed 45 minutes of Lagos before the workday started. And when you finally close your laptop and head back, you have nothing left. No energy for the calls you meant to return. No bandwidth for the side project. No presence for anyone waiting at home. This is not a time management problem. This is an address problem. You are living too far from the centre of your own professional life. And you are paying rent for that privilege --- rent that went up again this year, on an apartment that is not yours, in a neighbourhood that is not where your life actually happens. The solution This fully serviced one-bedroom apartment on Ajoke Adeogun Street, Victoria Island is the most direct fix to everything above. Not a commute reduction. A commute elimination. Here is what the address actually means in practice: You wake up on Victoria Island. Your office is minutes away. Not 45 minutes. Minutes. You leave at 7:50 AM for an 8 AM meeting and you are not late. That recovered time compounds across every working day of the year. Conservatively, you reclaim 500 hours annually. That is more than 20 full days of your life returned to you --- every year. The apartment is fully serviced. You are not managing anything. Estate management handles the building. You show up, you live, you leave for work. No negotiations with a facility manager who never picks up. No water tanker drama. No generator refill scheduling. The infrastructure works so you don't have to supervise it. It is fully fitted and finished. Move-in ready. Not "almost ready." Not "finishing touches." Done. For someone with your schedule, the value of not managing a fitting-out process cannot be overstated. You transfer in. You start living. One bedroom. One bathroom. Two toilets. This is not a compromise. It is a precision instrument for a specific kind of life --- the senior professional who travels, who works long hours, who values order over sprawl. The space is exactly what is needed and nothing that is not. No wasted square footage paying for rooms that collect clutter. The title documents are clean and available for due diligence today. Your solicitor can begin verification immediately. There is no land dispute waiting to surface six months after payment. The paperwork is in order. The transaction is clean. And if you are reading this as an investor: a fully serviced, fully fitted one-bedroom on Ajoke Adeogun, Victoria Island commands premium short-let and corporate tenancy rates that the market has consistently supported. Multinational companies, international assignees, and C-suite relocations all target this corridor. This apartment does not struggle for occupancy. It struggles for availability. That is the correct direction of that problem. ₦250,000,000. Clean title. Fully serviced. Move-in ready. On the most commercially active street on the most professionally dense island in Nigeria. The call to action This is a specific conversation for a specific person. If you are a senior professional whose office is in VI --- or within a 10-minute drive of it --- and you have been absorbing a commute that is quietly costing you more than the rent you're paying, then this apartment is a direct answer to a very specific problem. If you are an investor who understands what a fully serviced, titled, ready-to-let asset on Ajoke Adeogun historically does in the short-let and corporate tenancy market, this conversation is equally direct. One viewing. Full documentation available. No pressure. Call or WhatsApp Smilebay Realties: +234 901 517 4801 Because the question is not whether ₦250 million is a large number. The question is what it costs you --- in time, in energy, in compounding years of someone else's equity --- to not make this move. 1 Bedroom 1 Bathroom 2 Toilets Fully Serviced Fully Fitted & Finished Clean Title Documents Available Ajoke Adeogun Street, Victoria Island (VI), Lagos Listed by Smilebay Realties Limited Ref: 3474745

Ajoke Adeoigun, Victoria Island (VI), Lagos

1 Beds 1 Baths

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

Premium

₦950,000,000

Semi-detached duplex for sale

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

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

Cowrie Creek Estate, Ikate, Lekki, Lagos

5 Beds 6 Baths

Premium

₦950,000,000

Residential land for sale

833SQM Land

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

Cowrie Creek Estate, Spar Road, Ikate, Lekki, Lagos

Newly Built 5-Bedroom Fully Detached Duplex Cinema Pool Rooftop

Premium

₦1,500,000,000

Detached duplex for sale

Newly Built 5-Bedroom Fully Detached Duplex Cinema Pool Rooftop

At Some Point, You Stop Upgrading Your Home. You Buy the One You'll Never Need to Leave. The problem You have moved before. Maybe twice. Maybe three times. Each move felt like progress --- a better location, a larger compound, a lease on a building that was slightly more aligned with where you were professionally at the time. And each time, within eighteen months or two years, the gap opened again. The home started feeling slightly behind. The neighbourhood felt slightly mismatched. The features you wanted when you bought at that price point turned out to be features the next price point was supposed to have. So you moved again. This is not a failure of judgment. It is the natural arc of a Lagos professional career moving faster than the property decisions that were supposed to keep pace with it. But here is what that cycle costs beyond money. It costs roots. Every move restarts your children's friendships, your domestic routines, your family's sense of where home is. Every move is a disruption you absorb and recover from. Every move is a decision made under some version of "this is good enough for now" --- which means it was never the decision. The executives who made the decision --- the one that ended the cycle --- did it once. They found the address, the building, the spec, and the space that made future moves unnecessary. They stopped optimising. They arrived. The agitation The version of the home you actually want has a specific texture. You know it already, because you have been building toward it consciously or not for the last decade. It is fully detached --- no shared walls, no shared driveway, no negotiation with whoever is next to you about generator placement or boundary fences. Your compound. Your perimeter. Your silence when you want it. It has a cinema, because Saturday evenings should not require logistics. It has a rooftop, because there should be one space in your life where Lagos is below you and you are above all of it --- literally and psychologically. It has a pool, because your family should have access to the kind of weekend that people on your income level have earned the right to experience at home, not as an outing that requires planning. It has a kitchen upstairs, because the person living in the master suite should not have to descend three floors at 11 PM for a glass of water or a cup of coffee before a 6 AM flight. It has a walk-in closet, because the wardrobe situation in every home you have rented or bought before this one has been a quiet, daily compromise. It has a gym, because the membership you pay elsewhere is the membership you barely use, and the body of a senior professional under the pressures of a Lagos career does not recover without consistent access to the infrastructure that makes recovery possible. You have been describing this home in your mind for years. It exists. It is newly built. It is in Hampton Island Estate, Osapa, Lekki. And it is priced at ₦1.55 billion --- which is not a small number, and was never going to be, because the home that ends the cycle was never going to be a small number. The solution Hampton Island Estate, Osapa, Lekki is not Lekki Phase 1 and it is not Chevron Alternative Route. It is its own address --- an established, gated residential enclave that sits at the Chevron-Lekki junction, close enough to every relevant commercial node in the corridor but insulated from the density and commercial traffic that comes with a more central address. This is a neighbourhood of residents, not a thoroughfare. The estate roads are good. The 24-hour security is professional and permanent. The gate keeps the address's character intact. The house inside that estate is everything the cycle of upgrades was building toward. Here is what you are actually acquiring: Fully detached on 400sqm of covered area. Every wall in this house is yours. No sound transmission from a neighbour's household. No shared fence management. No compound adjacency. Your fence line, your gate, your compound --- end to end. In a city where the definition of "detached" is sometimes applied loosely, 400sqm of covered area on a fully detached footprint in a gated estate is the genuine article. Five bedrooms, all en-suite. Six bathrooms. Seven toilets. Every member of your household --- family, extended family, long-term guest --- wakes up to a private bathroom. No queue. No compromise. The household functions with the same efficiency your professional life demands, inside the home rather than despite it. Swimming pool. Yours. Your compound. Your terms. No booking system. No shared hours. The pool your children will grow up with, that your guests will remember, that will be the backdrop of the Sunday mornings your family talks about for years. Rooftop terrace. Hampton Island Estate in Osapa sits in a position that, from a rooftop, gives you the Lekki skyline without the Lekki noise. This is the space that no floor plan adequately communicates --- the open-air room above your own home where the city is visible but not intrusive, where the evening decompresses differently from any room below, and where the Friday dinner that starts inside always migrates before 10 PM. Private cinema. A dedicated room. Seated. Acoustically contained. Not a projector on a bedroom wall. The cinema that means your household never needs to go anywhere for a film night, a sports event, or the kind of evening where everyone needs to be in one room watching the same thing. It changes how your family uses the home on every day that isn't a workday. Top-floor kitchenette. This is the feature most listings ignore and every owner who has one refuses to give up. The master suite floor operates independently. Coffee in the morning without the three-floor descent. A drink before bed without an expedition. A snack at midnight before the 5 AM travel departure. The kitchenette is not a convenience --- it is the architecture of a home that understands how a person at your level actually moves through their own house. Fully fitted main kitchen --- cabinets, refrigerator, full build-out. Move in. Open the refrigerator. Nothing to source, nothing to install, nothing to commission. The kitchen is done. Walk-in closet in the master suite. A room, not a wardrobe. The organisation infrastructure that a person managing a Lagos executive wardrobe --- work, social, travel --- actually requires. Not a closet you organise around. A room you walk into. Gym inside the compound. The membership you actually use, because it is 30 seconds from your bedroom. Before the workday. After the evening return. On the Sunday morning when the discipline holds and the gym is right there. Boys' Quarters. Your domestic staff has private, separate quarters. Your home's spatial integrity is maintained. Your family's privacy is protected. The domestic infrastructure works without entering your living spaces. Certificate of Occupancy + Building Plan Approval --- both documents in hand. This combination is uncommon at any price point and is worth specific attention. The C of O confirms state-registered title on the land. The Building Plan Approval confirms the structure was built to an officially sanctioned design --- meaning no regulatory exposure, no structural non-compliance risk, no challenge from Lagos State on the building's legality. Both documents are available for your solicitor today. This is not a title that needs to be assembled. It is complete. ₦1,550,000,000. Newly built. Fully detached. Every room en-suite. Cinema. Pool. Rooftop. Top-floor kitchenette. Walk-in closet. Gym. BQ. C of O. Building Plan Approval. Hampton Island Estate, Osapa, Lekki. This is not the home you buy to hold for three years and sell when the next phase of your career demands a different address. This is the home you buy once. The call to action The buyer for this property is a specific person. They are not making their first Lagos property move. They have been in the market long enough to recognise what ₦1.55B in Hampton Island Estate, Osapa, delivers relative to comparable addresses and price points in this corridor. They understand what a C of O plus Building Plan Approval means for their due diligence timeline. They have capital structured or financing confirmed. They are not researching --- they are deciding. If you are that person, this conversation is short. Title documentation available for immediate verification. Viewing by appointment. Call or WhatsApp Smilebay Realties: +234 901 517 4801 The cinema, the rooftop, the pool, the walk-in closet, the kitchenette, and the 24-hour security are all ready. The only variable left is the decision. 5 Bedrooms 6 Bathrooms 7 Toilets 400sqm Covered Area Newly Built Fully Detached All Rooms En-Suite Fully Fitted Kitchen Top-Floor Kitchenette Walk-In Closet Swimming Pool Private Cinema Rooftop Terrace Gym Boys' Quarters 24-Hour Security Gated Estate Good Road Network Certificate of Occupancy Building Plan Approval Hampton Island Estate, Osapa, Lekki, Lagos Price: ₦1,550,000,000 Listed by Smilebay Realties Limited Ref: 3455271

Hampton Island Estate, Osapa, Lekki, Lagos

5 Beds 6 Baths 400 sqm

Plots E, D and C at 1, 699SQM and 2, 053SQM

Premium

₦4,500,000 per sq.m

Residential land for sale

Plots E, D and C at 1, 699SQM and 2, 053SQM

There Are Streets in Ikoyi That Lagos Has Never Repriced Downward. Kingsway Road Is One of Them. Three Plots. Federal Title. One Seller. One Window. The problem Most serious capital in Lagos is looking for the same thing. An address that holds. A title that closes clean. A parcel large enough to build what the address deserves. A seller who is actually ready. In Ikoyi, finding all four of those conditions aligned simultaneously is not a quarterly event. It is not an annual event. It is the kind of convergence that the professionals who have built real wealth in Lagos real estate have learned to recognise --- and act on --- the moment it presents itself. Because the moment passes. It always passes. And the person who analysed it into paralysis watches the same address trade at a materially higher per-sqm figure twelve months later, wondering what they were waiting for. The agitation Here is the uncomfortable geography of Ikoyi land. Kingsway Road is not an emerging corridor. It is not a bet on future development. It is one of the most established, tree-lined, historically significant residential roads in Lagos --- running through the heart of Old Ikoyi, flanked by the properties of the people who have sat at the top of Nigerian corporate, governmental, and diplomatic life for the last half-century. The land on Kingsway Road does not come to market because owners need to sell. It comes to market when a specific set of circumstances creates a motivated vendor --- an estate settlement, a portfolio restructuring, a relocation, a strategic exit. When it does appear, the parcels are absorbed quickly, by buyers who already know the address and have capital deployed or ready. The listing does not sit. Every month of delay on Ikoyi land at a confirmed price per sqm is a month of optionality that expires. The per-sqm figure in Lagos real estate is a one-way ratchet. It has not historically moved in one direction for long before tightening. The professional who pays ₦4.5M/sqm on Kingsway Road in 2026 will not describe that as expensive in 2029. The professional who waited will describe it as the decision they did not make when they had the chance. The solution Three contiguous plots off Kingsway Road, Ikoyi. Federal Certificate of Occupancy. Seller is ready. Offers are open. This is not a speculative position. This is a concrete acquisition opportunity on one of the most consistently valued residential roads in Nigeria, with the strongest possible title documentation, and a seller who has stated clearly that they are ready to transact with investors and prepared buyers. Here is the full picture: Plot E --- 1,699.666 sqm at ₦4.5M/sqm = ₦7,648,497,000 Plot D --- 1,696.666 sqm at ₦4.5M/sqm = ₦7,634,997,000 Plot C --- 2,053.406 sqm at ₦4.5M/sqm = ₦9,240,327,000 The seller's stated preference is to sell all three --- E, D, and C --- to a single buyer. The combined footprint of E + D + C is approximately 5,450sqm of contiguous land off Kingsway Road, Ikoyi, at a blended cost in the region of ₦24.5 billion. For a developer with the vision and capital to build on that combined footprint, the exit arithmetic on premium multi-unit residential development in this corridor --- at current and projected Ikoyi sale prices --- makes the acquisition thesis self-evident. Individual plot offers will also be considered. The listing explicitly invites individual E, D, C offers --- but notes the preference for a combined buyer. If you are acquiring a single plot for a specific development programme or a private residence, that conversation is open. The constraint is a maximum of 5,500sqm to any single buyer, which is already satisfied by the three-plot combined total. Federal Certificate of Occupancy. Not Governor's Consent. Federal CofO --- the highest-tier title instrument in Nigerian land law. Issued directly by the Federal Government. No Lagos State approval chain. No community or Oba consent requirement embedded in the history. No conversion ambiguity. For any buyer doing title due diligence on a transaction at this scale, Federal CofO on Ikoyi land is the documentation that ends the title conversation immediately. The address: off Kingsway Road, Ikoyi. Kingsway Road runs through the centre of Old Ikoyi --- past the Ikoyi Club, through the mature residential corridor that separates Ikoyi's commercial face from its residential interior. Off Kingsway means you are in that interior. Quiet. Established. Not a main road plot subject to commercial adjacency. A residential position in the heart of the most consistently prestigious neighbourhood in Lagos. The portfolio context --- additional ikoyi land available The same seller has a broader Ikoyi land portfolio. Qualified buyers seeking alternative Ikoyi positions --- at different sizes, price points, and address profiles --- should note the following additional parcels are available through Smilebay Realties: Rumens Road, Ikoyi --- 2,419sqm at ₦4.2M/sqm. Federal CofO. Lugard Avenue, Old Ikoyi --- 2,700sqm at ₦3.5M/sqm net. Federal CofO. Seller will sell a minimum 2,000sqm parcel from the larger holding. Lugard Avenue is one of the most sought-after residential streets in Old Ikoyi --- quiet, secure, established. Queens Drive, Ikoyi --- Two plots available to one or two buyers: 3,753sqm at ₦6M/sqm (non-waterfront, directly across from the waterfront plot). Governor's Consent title. 1,515sqm at ₦6M/sqm --- waterfront plot on Queens Drive. Governor's Consent title. Queens Drive waterfront land in Ikoyi is among the most premium land positions in Nigeria. The waterfront premium is priced into the ₦6M/sqm ask. This is not a footnote in a combined listing. It deserves its own dedicated marketing --- and should be treated as the flagship offer in the portfolio. Osborne Road by Kingsway, Ikoyi --- 7,700sqm at ₦4M/sqm. Federal CofO. A large-format parcel for a developer building at scale on one of Ikoyi's major arterial roads. Bourdillon Road, Ikoyi --- Two separate parcels: 2,281sqm at ₦4M/sqm. Federal CofO. Demolishable structure on site. 4,417sqm at ₦4M/sqm. Federal CofO. Demolishable structure on site. Surveys available on inspection. Bourdillon Road is Ikoyi's most recognisable residential address --- home to Nigeria's most prominent private residences. Land here transacts infrequently and at strong values. These two parcels together represent over 6,700sqm of Federal CofO titled land on Bourdillon Road at ₦4M/sqm --- a figure that any developer or high-net-worth buyer active in the Ikoyi market will recognise as a serious conversation to have. The call to action The seller has stated the terms clearly: investors and ready buyers only. This is not a listing for market observers. It is not for buyers who need six months to form a view on whether Kingsway Road, Lugard Avenue, Queens Drive waterfront, or Bourdillon Road represent value. The buyers who will transact on these parcels already know the answer to that question. If your capital is structured --- whether for a single plot, a combined three-plot acquisition, or a position elsewhere in this Ikoyi portfolio --- this is a direct conversation. All Federal CofO and Governor's Consent documentation is available for solicitor review before any offer is formalised. Call or WhatsApp Smilebay Realties: +234 901 517 4801 Ikoyi land with Federal title, on these roads, at these sizes, presented by a seller who is ready --- does not wait for anyone to finish thinking about it. Kingsway road cluster --- primary listing Plot E: 1,699.666sqm Plot D: 1,696.666sqm Plot C: 2,053.406sqm Price: ₦4,500,000/sqm Title: Federal Certificate of Occupancy Seller Preference: All three plots (E+D+C) to one buyer Individual offers also accepted Maximum sale: 5,500sqm to any single buyer additional ikoyi portfolio (same seller, same agent): Rumens Road: 2,419sqm @ ₦4.2M/sqm Fed CofO Lugard Avenue: 2,700sqm @ ₦3.5M/sqm net Fed CofO Min 2,000sqm Queens Drive Waterfront: 1,515sqm @ ₦6M/sqm Gov't Consent Queens Drive Non-Waterfront: 3,753sqm @ ₦6M/sqm Gov't Consent Osborne Rd by Kingsway: 7,700sqm @ ₦4M/sqm Fed CofO Bourdillon Road: 2,281sqm @ ₦4M/sqm Fed CofO Demolishable structure Bourdillon Road: 4,417sqm @ ₦4M/sqm Fed CofO Demolishable structure Listed by Smilebay Realties Limited Ref: 3441046

Kingsway Road, Ikoyi, Lagos

High-Rise Hotel Apartment Ozumba Mbadiwe, Victoria Island

Premium

$173,000

Flat / apartment for sale

High-Rise Hotel Apartment Ozumba Mbadiwe, Victoria Island

Most Lagos Real Estate Assets Are Priced in Naira. This One Is Priced in Dollars. On Ozumba Mbadiwe. On the 4th Floor and Above. With a Spa, Fine Dining, and a Concierge in the Same Building. The problem Every Lagos professional who has seriously engaged with the city's real estate market has eventually asked the same question --- usually after watching another devaluation announcement or checking their portfolio against what inflation has done to its naira value. The question is: how do I own real estate in Lagos without the asset being denominated entirely in a currency that keeps losing purchasing power? This is not an abstract concern. It is the documented financial experience of every naira-denominated asset in Nigeria over the past decade. Properties bought in naira have appreciated in naira terms --- but when measured against the dollar, the picture has been more complicated. Rental income denominated in naira has been consistently outpaced by naira depreciation. The Lagos professional who was earning ₦2M in annual rent from their apartment five years ago is now earning more naira --- but fewer dollars. The investor who has been watching this and asking whether there is a Lagos real estate position that sidesteps the naira denomination problem now has an answer on Ozumba Mbadiwe, Victoria Island. And it sits between the 4th and 30th floor. The agitation Here is the specific cost of holding Lagos real estate in naira --- made concrete, not theoretical. Between 2020 and 2026, the naira moved from approximately ₦380/$ to approximately ₦1,500/$. a Lagos property that was worth $200,000 in 2020 --- valued at its naira equivalent at the time --- needed to appreciate to approximately ₦300M by 2026 just to hold its dollar value. Many properties did not. The investor who bought a standard Lekki Phase 1 apartment in naira terms over that period did well in naira. In dollar terms, the picture is more complex. The currency absorbed the appreciation. A hotel apartment on Ozumba Mbadiwe, priced, transacted, and managed in dollars --- with rental income generated in the currency of choice for multinational tenants, business travellers, and international assignees --- is a Lagos real estate position that does not carry that currency erosion risk. The asset is dollar-denominated. The income is dollar-denominated. The appreciation happens in a currency that holds its international purchasing power. Meanwhile, for the end-user --- the VI executive, the returned diaspora professional, the C-suite executive who travels internationally and needs a Lagos base that functions like the serviced residences they use everywhere else --- there is a different, equally acute pain. Lagos has a shortage of genuinely managed, hospitality-standard residential options. The serviced apartment buildings that exist are aging stock or poorly managed. The alternatives are either traditional apartments that require the owner to manage everything personally, or hotels where long-term stay is inefficient and expensive. The gap --- between a Lagos home and a Lagos hotel --- has never been properly filled by a professionally managed hotel apartment product on VI. This building fills it. The solution Reportage Hotel Apartments. Ozumba Mbadiwe Road, Victoria Island. G+30 floors. 588 units. Managed and maintained by hospitality professionals. Priced in usd. C of O land title. Units available from Studio to 3-Bedroom. Reportage Properties is a UAE-based developer with a documented track record across the Middle East and African markets, including multiple completed and delivered projects. They are not a Lagos developer announcing a first project. They are an international hospitality developer entering the Lagos market with a 30-floor building on one of VI's most prominent roads. That institutional context matters for every buyer doing developer due diligence at this price point. Here is what the building and the acquisition deliver across both buyer profiles: For the yield investor: Dollar-denominated purchase price. Dollar-denominated rental income. Natural naira hedge built into the asset structure. At $173,000 for a 1-bedroom hotel apartment on Ozumba Mbadiwe VI, you are acquiring a Lagos real estate position in a currency that holds international purchasing power. Your rental income --- generated from short-term stays, corporate tenancies, and hotel management occupancy --- is priced in dollars because the market for premium VI hotel accommodation is priced in dollars. Multinationals, international assignees, business travellers, and diaspora visitors all transact in this segment in dollars. Your yield is not exposed to naira depreciation in the way a traditional Lagos apartment rental is. Professional hospitality management handles everything. You are not a Lagos landlord. You do not manage tenancies, maintenance calls, estate levies, or occupancy cycles. The hospitality management team operates the building, fills the rooms, maintains the infrastructure, and remits your yield. Your role is capital allocation. The building handles the rest. Short-let and long-term leasing --- both operational models in the same building. The hotel apartment structure supports both overnight stays and extended corporate residencies. That flexibility means the occupancy model adapts to Lagos demand cycles --- corporate high-season, international event traffic, short-term expat placements --- without requiring the owner to make management decisions around each cycle. For the end-user executive: A VI address managed like a five-star residence --- without ever being a landlord. You own the unit. You occupy it when you are in Lagos. You put it into the managed pool when you are not. The building's hospitality team maintains it at hotel standard in your absence. When you return, you arrive to a professionally managed room, not an apartment that has been sitting unattended between visits. This is the product that Lagos has not had at this standard --- a personally owned unit that functions like a serviced residence when you live in it and like a yielding investment when you don't. The amenities across floors G--3 are not building extras. They are the product. Concierge and reception --- the kind that handles what you need handled without you initiating every conversation. A swimming pool at building level. Office suites for the executive whose workday extends past the bedroom. A gym and fitness centre. A luxury spa. Fine dining restaurants and cafés. A lounge and event spaces. All within the building. All maintained to hospitality standard by the management team. For the professional whose travel schedule has made them comfortable in Marriott and Four Seasons environments globally --- this is the first Lagos address that functions at that standard within your own building. Residential units begin from the 4th floor. Floors G through 3 are entirely dedicated to the building's hospitality amenity infrastructure. The first residential unit is elevated above the entire amenity floor stack. Every resident benefits from genuine separation between the common amenity spaces and the private residential floors. This is building design intelligence that most Lagos residential projects do not apply. G+30 floors with city and lagoon views from residential levels. From the 4th floor upward on Ozumba Mbadiwe, the Lagos lagoon is visible. From higher floors, the city skyline and the Atlantic approach both become part of the view from your apartment. These are not "views" described by a developer's marketing team. They are the documented geographic result of a 30-floor building on the lagoon-front corridor of VI --- the same corridor that has produced the most consistently premium real estate in Lagos for the past three decades. Title: C of O on land, Deed of Sublease for individual units. The land carries a Certificate of Occupancy --- the strongest available title instrument in Lagos. Individual buyers hold a Deed of Sublease --- a recognised, legally valid instrument for large-scale mixed-use developments where the developer holds the master title and buyers hold a registered sub-leasehold interest. This structure is standard for hotel apartment developments globally, including in the uae where Reportage operates. Your solicitor will be familiar with it and will confirm its legal security in due diligence. The investment is backed by a C of O on the land and a registered sub-lease on your unit. That is a documented, secure title position. Price: $173,000--$190,000 for 1-bedroom. The variation within the range is determined by floor level and unit orientation. The earlier you confirm your unit, the lower the price within that range --- and below the range entirely if early-stage discounts are applied. The listing is explicit: prices are subject to upward review. This is an off-plan project whose price will not be lower than it is today. Victoria Island, Ozumba Mbadiwe corridor --- above flood risk. The lagoon-front VI corridor is one of the best-elevated residential zones in Lagos. Ozumba Mbadiwe Road does not carry the flooding risk that affects lower-lying parts of the island. A 30-floor building on this road, with residential units beginning from the 4th floor, is structurally positioned above every flooding scenario that has affected any part of Lagos in recent recorded history. Smilebay Realties does not list properties in flood-prone areas. This development on Ozumba Mbadiwe, Victoria Island, was assessed against that standard. The location and the building's elevation position it entirely outside any flood-risk zone relevant to this corridor. Full unit range and entry prices: Unit TypePrice Range (USD)Approx. ₦ Equivalent Studio $94,000 -- $105,000₦128M -- ₦143M 1-Bedroom$173,000 -- $190,000₦235M -- ₦259M 2-Bedroom$260,000 -- $280,000₦354M -- ₦381M 3-Bedroom$351,000 -- $450,000₦478M -- ₦613M Naira equivalents calculated at approximately ₦1,361/$ --- confirm current rate at time of transaction. Dollar price is fixed; naira equivalent fluctuates. The call to action This listing serves two buyers --- and both conversations are short for the right person. The yield investor who has been looking for a dollar-denominated Lagos real estate position, managed by international hospitality professionals, on Ozumba Mbadiwe VI, with a C of O land title --- has found it. Entry starts at $94,000 for a studio. The 1-bedroom starts at $173,000. The end-user executive who wants a VI address that functions like a serviced residence --- pool, spa, fine dining, concierge, gym, all within the building --- managed at hotel standard, owned personally, yielding when you're not in Lagos --- has found it too. Prices are confirmed as subject to upward review. Early commitment gets the best price within the range. Discounts are possible for committed buyers --- the listing confirms this explicitly. Call or WhatsApp Smilebay Realties: +234 901 517 4801 Ozumba Mbadiwe. G+30. Dollar-denominated. Hospitality-managed. C of O land. This is not a Lagos apartment listing. It is a Lagos real estate category that has not existed at this standard before. High-Rise Hotel Apartments G+30 Floors Residential Units from 4th Floor Studio 1-Bedroom 2-Bedroom 3-Bedroom Units Available Amenities G--3F: Concierge Pool Office Suites Gym Spa Fine Dining Lounge Events International Track Record Hospitality Management Included Land Title: Certificate of Occupancy Buyer Title: Deed of Sublease Ozumba Mbadiwe Road, Victoria Island (VI), Lagos 1-Bed: $173,000--$190,000 Full Range: Studio $94K--3-Bed $450K Prices Subject to Upward Review Discounts Available for Committed Buyers Listed by Smilebay Realties Limited Ref: 3311114

Ozumba Mbadiwe, Victoria Island (VI), Lagos

1 Beds 1 Baths

Featured

₦650,000,000

Flat / apartment for sale

2-Bedroom Maisonette

Awolowo Road, Ikoyi. ₦650 Million. A Maisonette --- Not a Flat. Your Own Entrance. Your Own Internal Staircase. A Waterfront Pool at the Building's Edge. 90% Complete. The Price Goes Up When It Finishes. The problem The Ikoyi apartment market at the ₦600M--₦800M price point presents a specific buyer with a specific problem. The buyer at this level does not want a flat. Not because flats are inadequate. Because a flat --- all rooms on one floor, shared corridor access, a single door off a lift lobby --- does not produce the living experience of vertical, private, house-like space. It produces the living experience of a hotel room at scale. You open the front door and you are immediately in your living room. There is no threshold, no internal separation, no upstairs and downstairs. The space is contained on one plane. The maisonette solves this. It is an apartment building unit configured across two levels, with its own private entrance and its own internal staircase. You step in through your door, into a ground level that leads upstairs to your bedrooms. The experience is a house's spatial logic inside a building's shared amenity infrastructure. The privacy of a front door that does not share a lobby with other floors, combined with the waterfront pool, the gym, the elevator, and the 24/7 power of a well-run building. In this building on Awolowo Road, Ikoyi, at ₦650M, that specific combination has not appeared in the Ikoyi apartment market at this price point before today. The agitation Here is the honest reality of the Ikoyi apartment search at this budget range. Most buyers looking at 2-bedroom units in this corridor have been looking at the same product in different buildings. Two bedrooms on one floor. A shared lift lobby. A corridor that connects six other units to the same lift. A pool that is described as the building's but is used by every resident simultaneously. A price that climbs past ₦600M and keeps climbing. Meanwhile the rent does not pause. Your landlord's letter arrived. You absorbed the increase, as you have absorbed every increase before it, because moving the household is expensive and your children's school is mapped and your domestic routines are established in this corridor and the cost of disruption is higher than the cost of the increase. Every absorption is a month of equity that stays at zero. ₦650M for a maisonette on Awolowo Road Ikoyi --- with a private entrance, a multi-floor layout, a waterfront pool at the building's lagoon edge, and a C of O --- is the answer to the Ikoyi question you have been holding while the rent clock runs. The building is 90% complete. The developer has stated the price increases at 100%. Both of those facts have a timeline that is measured in weeks. The solution a 2-bedroom maisonette on Awolowo Road, Ikoyi. Multi-floor layout. Private entrance. Internal staircase. Waterfront swimming pool. Gym. Elevator. 24/7 power and security. Fitted kitchen. All rooms en-suite. Balconies. C of O title. 90% complete. ₦650,000,000. Here is what each element delivers --- and why the maisonette configuration is the primary distinction: A maisonette --- the house experience inside the building. The difference between this unit and a 2-bedroom flat in the same building is architectural and experiential. A flat is one floor. A maisonette is two. You enter through your own private door --- not a shared lift lobby, not a corridor of numbered units --- into a ground level that is yours. The bedrooms are upstairs. The living area is downstairs. There is an internal staircase that belongs exclusively to this unit. No other resident passes through your entrance. No other resident uses your internal levels. The spatial logic of your home is vertical, private, and separated --- the way a house is separated from the rest of the world --- while the building's amenities are available to you exactly as they are to every other resident. For the buyer who has been in Ikoyi apartments long enough to know what they are missing, the maisonette answers the question before it is asked: why does an apartment feel different from a house? Because the entrance is shared and the living is flat. This one is neither. A waterfront swimming pool --- the same Lagos lagoon view that defines this building. This is the same building as the 3-bedroom unit listed today at ₦750M. The waterfront pool is shared by the building's residents --- including maisonette occupants. From the pool, the Lagos lagoon is visible at the water's edge. The pool does not face a boundary wall or a road. It faces water. Sunday morning in this pool is the Lagos that most Ikoyi residents describe from restaurants and hotel pools but do not access from their own building. Here, it is in your building. Available every day. Without logistics. A gym --- inside the building. Before the 7 AM call or after the 9 PM return. The fitness infrastructure is available without leaving the address. No membership. No commute. No scheduling around someone else's schedule. An elevator --- in the building, serving all floors including your maisonette entrance. The building handles vertical movement at the building level. Your maisonette handles vertical movement at the unit level through your private internal staircase. Both systems work independently. The elevator takes you from the car park to your floor. Your internal staircase takes you from your entrance to your bedroom. Nothing in this building requires you to carry anything up an exposed stairwell. 24/7 power supply --- standby generator, prepaid meter, borehole, and treated water. The power is confirmed. The water is confirmed. The internet is high-speed. The infrastructure is complete. You move in and the building operates. None of it is your management responsibility. 24/7 security --- layered and professional. Security gate. Perimeter fencing. Electric fence. Burglar proof. CCTV. Security gateman. Intercom. Fire safety. Every layer operates independently. When you travel, your household is inside a genuinely secured perimeter with multiple independent security systems operational simultaneously. All rooms en-suite. Fitted kitchen. Air conditioning. Pop ceilings. Built-in wardrobes. Balconies. Water heater. Guest toilet. The apartment is fully specified. Nothing requires sourcing after you move in. The interior finishes are at their final stage --- the building is 90% complete, which means the fittings are in and the rooms are configured. You are not buying a shell. You are buying a building in its final weeks of completion. Certificate of Occupancy. The individually registered, personally named Lagos State title instrument. No derivation chain. No upgrade process. The title is confirmed, clean, and available for solicitor review from the moment contact is made. ₦650,000,000 --- ₦100M below the 3-bedroom unit in the same building. The 3-bedroom apartment in this building is ₦750M. The maisonette is ₦650M. For the buyer whose capital is structured at ₦650M, this is the Awolowo Road Ikoyi waterfront building at the most accessible entry point the development offers. The product is different --- 2 bedrooms versus 3, flat versus maisonette --- but the address, the waterfront pool, the building's infrastructure and management standard, and the C of O title are identical across both unit types. The ₦100M difference is the bedroom count and the unit configuration, not the address. Awolowo Road, Ikoyi, sits on the waterfront edge of Lagos Island. The building's lagoon-facing position, combined with the established drainage infrastructure of this primary Ikoyi arterial road, places it firmly outside the flood risk categories that affect lower-lying or less-managed parts of Lagos Island. Smilebay Realties does not list properties in flood-prone areas. This building on Awolowo Road, Ikoyi, was assessed against that standard before listing. It passed. The call to action Awolowo Road, Ikoyi. ₦650,000,000. 90% complete. A 2-bedroom maisonette with a private entrance, a multi-floor internal layout, and access to the waterfront pool, gym, elevator, and 24/7 power infrastructure of a well-run Ikoyi building. C of O confirmed. Price increases at completion. The comparable 3-bedroom in this same building is ₦750M. The comparable 3-bedroom on Banana Island nearby is ₦770M. This unit, at ₦650M, is the most accessible priced entry into the Awolowo Road Ikoyi waterfront building on today's market. One call. C of O available for immediate solicitor review. Viewing by appointment. Call or WhatsApp Smilebay Realties: +234 901 517 4801 Private entrance. Waterfront pool. Awolowo Road. The building finishes soon. The price moves with it. 2 Bedrooms --- 2 Bathrooms --- 3 Toilets --- Maisonette Configuration --- Multi-Floor Layout Private Entrance --- Internal Staircase --- All Rooms En-Suite Serviced Building --- Newly Built --- 90% Complete Waterfront Swimming Pool --- Lagos Lagoon Facing Gym --- Elevator --- Ample Parking --- Balconies --- Outdoor Lighting --- Landscaped Garden Interior: Fitted Kitchen --- Air Conditioning --- pop Ceilings --- Built-In Wardrobes --- Tiled Floors --- Water Heater --- Guest Toilet Power: 24/7 Power Supply --- Standby Generator --- Prepaid Meter --- Borehole --- Treated Water --- High-Speed WiFi Security: Security Gate --- Perimeter Fencing --- Electric Fence --- Burglar Proof --- CCTV --- Security Gateman --- Intercom --- Fire Safety Title: Certificate of Occupancy (C of O) Development Stage: 90% Complete --- Price Increases at 100% Completion Awolowo Road, Ikoyi, Lagos Price: ₦650,000,000 Flood-Free --- Confirmed by Smilebay Realties Pre-Listing Assessment Intra-Building Context: 3-Bedroom Apartment in Same Building at ₦750,000,000 (Ref: 3565061) Listed by Smilebay Realties Limited --- Ref: 3565076

Awolowo Road, Ikoyi, Lagos

2 Beds 2 Baths

Newly Built 2 Bedroom Apartment 3rd Floor

Featured

₦30,000,000 /yr

Flat / apartment for rent

Newly Built 2 Bedroom Apartment 3rd Floor

Every Morning You Cross the Bridge Into Ikoyi. Imagine If You Never Had to Cross It Again. The problem You work on the Island. Your office, your clients, your most important meetings --- everything that matters professionally happens within a 3-kilometre radius of Ikoyi, VI, and the Marina. You know this territory the way you know your own hands. And every morning, you come from somewhere else to enter it. You leave before 6 AM because that is the only way to make an 8 AM meeting without apology. You cross the Third Mainland Bridge or you sit on Carter Bridge or you thread through Ozumba Mbadiwe with everyone else who made the same calculation and arrived at the same conclusion: leave early, or arrive late. You are not in traffic because you are disorganised. You are in traffic because you live too far from the centre of your own professional life. And you have been absorbing that distance --- in time, in energy, in the slow erosion of being slightly depleted before the workday begins --- for longer than you have been willing to say out loud. The agitation Here is the arithmetic that most Island professionals never sit down to do because the answer is too uncomfortable. If your commute averages 90 minutes each way --- which is conservative for anyone coming from Lekki, Surulere, or the mainland --- you are spending 3 hours daily, 15 hours weekly, 60 hours monthly in transit to and from your own office. Sixty hours a month. That is more than a full work week. Every month. Spent in a car, on a bridge, in traffic, doing nothing productive and recovering from nothing useful. Your rent pays for the apartment that produces that commute. Meanwhile, you have watched what has happened to the professional lives of colleagues who made the address change. The one who moved to Ikoyi two years ago and is now reliably the sharpest person in the 8 AM call --- not because they got smarter, but because they stopped arriving depleted. The one whose social life recovered because they stopped being too tired on Friday evenings to do anything except collapse. The one whose spouse stopped asking why they are always exhausted at the end of a workday that should not produce this level of exhaustion. The commute is not an inconvenience. It is a structural tax on every version of yourself --- professional, social, domestic --- paid daily, compounding silently, and entirely addressable by one decision. The solution This newly built 2-bedroom apartment on the 3rd floor in Old Ikoyi is the decision. Not a lateral move to a different part of the same problem. A structural relocation that closes the distance between where you live and where your life actually happens. Here is what the apartment and the address deliver: Old Ikoyi --- the character that newer addresses cannot replicate. Old Ikoyi is not a development. It is a neighbourhood. Wide, tree-lined roads that have been settled for decades. A residential calm that exists four minutes from the commercial intensity of VI and the Marina. The professionals who have lived here --- and who hold this address with a loyalty that newer corridors rarely inspire --- know what it produces: a life that breathes, rather than a life that rushes. This building sits inside that neighbourhood. Newly built, modern interior, third-floor elevation --- inside an environment with deep roots and proven character. Third floor. Not ground level with the compound traffic. Not the top floor with full sun exposure and no buffer. The third floor is the considered choice in a mid-rise building --- elevated enough for light and privacy, insulated from street-level ambient noise, practical for daily movement without elevator dependency. The apartment's position in the building is not incidental. It is the right floor. Two bedrooms, both en-suite. Two bathrooms. Three toilets. Your household operates without friction. Both bedrooms have private bathrooms. Nobody waits. For the dual-income couple or the solo executive who needs a proper guest room --- not a converted storage space, an actual room --- the layout works exactly as a well-configured two-bedroom should. Fully fitted kitchen. Cabinets, appliances, countertops --- done. You bring your groceries. You do not bring a contractor or a list of things to install before the apartment functions. The kitchen is operational from the day you hand over. Swimming pool. In the building. Yours by virtue of residence. The Sunday morning that in your current home requires a destination now simply requires a floor descent. Old Ikoyi at 7 AM on a Sunday, from a pool in a quiet compound, is a different category of weekend from anything a Lekki commuter produces. Gym. Inside the complex. The 6:30 AM session that your current commute makes structurally impossible becomes a 6:30 AM session you complete and are back upstairs by 7:15 AM --- showered, fed, and at your desk before most of your colleagues have finished their bridge crossing. Ample parking. Confirmed space for your vehicle. On Ikoyi, where visitor parking is scarce and compound politics in older buildings can be elaborate, having designated parking from day one is worth more than the spec bullet suggests. Well-secured environment. Professional security. Access control. A building with the management standard that a ₦30M-per-year tenant expects and requires --- not a gate man and a prayer. The complete financial picture --- no surprises at viewing: ItemAmountAnnual Rent₦30,000,000Agency Fee (10%)₦3,000,000Legal Fee (10%)₦3,000,000Caution Deposit (10%)₦3,000,000Service Charge (est. --- confirm with agent)₦2,000,000--₦4,000,000Estimated Total Year-One Commitment₦41M--₦43M Note: Service charge is to be confirmed. Prospective tenants should request the confirmed figure before viewing. All other line items are fixed. Two units are available. This is not a building-wide vacancy situation. Two specific apartments on the same floor, same specification, same building. When they are gone, they are gone. Old Ikoyi does not produce new inventory regularly. Newly built units in this neighbourhood, at this spec level, at ₦30M per annum, are not replaced by equivalent options six months from now. The call to action This is a short conversation for a specific kind of person. You work on or near the Island. You have been commuting from somewhere that made sense at a previous stage and no longer does. Your move-in budget covers the year-one commitment of approximately ₦41--43M --- and you are ready to make the address change that closes the distance permanently. One of two available units on the 3rd floor of a newly built building in Old Ikoyi, with a pool, a gym, a fitted kitchen, en-suite rooms, secured compound, and ample parking --- at ₦30M per annum. Call or WhatsApp Smilebay Realties: +234 901 517 4801 One viewing. The apartment will show exactly what the spec promises --- because it is newly built and it has not had time to disappoint anyone yet. The only commute worth keeping is the one from your bedroom to your kitchen. Everything else is a cost you can stop paying. 2 Bedrooms 2 Bathrooms 3 Toilets Newly Built 3rd Floor Both Rooms En-Suite Fully Fitted Kitchen Swimming Pool Gym Ample Parking Secured Environment Serviced Building Old Ikoyi, Ikoyi, Lagos ₦30,000,000 Per Annum 2 Units Available Service Charge: TBC --- Confirm Before Viewing Estimated Year-One Total: ₦41M--₦43M (Rent + Agency 10% + Legal 10% + Caution 10% + Service Charge) Listed by Smilebay Realties Limited Ref: 3448315

Old Ikoyi, Ikoyi, Lagos

2 Beds 2 Baths

Premium

₦470,000,000

Flat / apartment for sale

2-Bedroom Apartment + BQ Adeola Odeku, Victoria Island

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2 2

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₦90,000,000

Terraced duplex for sale

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2 3

Premium

₦250,000,000

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₦950,000,000

Semi-detached duplex for sale

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

Cowrie Creek Estate, Ikate, Lekki, Lagos

5 6

Premium

₦950,000,000

Residential land for sale

833SQM Land

Cowrie Creek Estate, Spar Road, Ikate, Lekki, Lagos

Premium

₦1,500,000,000

Detached duplex for sale

Newly Built 5-Bedroom Fully Detached Duplex Cinema Pool Rooftop

Hampton Island Estate, Osapa, Lekki, Lagos

5 6 400 sqm

Premium

₦4,500,000

Residential land for sale

Plots E, D and C at 1, 699SQM and 2, 053SQM

Kingsway Road, Ikoyi, Lagos

Premium

$173,000

Flat / apartment for sale

High-Rise Hotel Apartment Ozumba Mbadiwe, Victoria Island

Ozumba Mbadiwe, Victoria Island (VI), Lagos

1 1

Featured

₦650,000,000

Flat / apartment for sale

2-Bedroom Maisonette

Awolowo Road, Ikoyi, Lagos

2 2

Featured

₦30,000,000

Flat / apartment for rent

Newly Built 2 Bedroom Apartment 3rd Floor

Old Ikoyi, Ikoyi, Lagos

2 2

Showing 21–40 of 40 listings

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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