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2-Bedroom Apartment Saka Tinubu Street, Victoria Island
You Earn Well. So Why Does Your Life Feel Like a Punishment? The problem It's 6:47 AM. Your alarm went off at 5. You didn't sleep well --- the generator ran out of fuel at 2 AM and your landlord's gate man didn't refill it. Again. You leave early to beat traffic. You don't beat traffic. You're on Ozumba Mbadiwe at a full stop, sweating through your shirt, watching your 8 AM meeting disappear in the rearview mirror. Your phone is ringing. Your boss doesn't understand why you're late --- he lives in Ikoyi, two minutes from the office. You get in. You perform. You close deals. Then you do the whole thing in reverse. You get home at 9 PM. Your child is already asleep. Again. This is not a bad week. This is your life. The agitation Here's what nobody says out loud: You are one of the highest earners in your peer group. Your title is impressive. Your salary hits a number most Nigerians will never see in a year. And yet --- you are renting someone else's property. Paying rent that went up 40% last year. Paying rent that will go up again next year, because your landlord knows you have no real option. He can knock on your door unannounced. He can refuse repairs. He can decide, two months before your lease ends, that his son is "moving in." And you --- the banker, the tech lead, the upstream professional --- will pack your things and start looking again. Meanwhile, your December bonus went to rent. Your promotion increment went to rent. The money you said you'd invest? Still going to rent. Every month you stay in that situation, you are handing someone else the financial future you worked for. The solution This apartment on Saka Tinubu, Victoria Island is not a property listing. It is the exit. It sits minutes from your office. When your colleagues are stuck at Lekki Toll or grinding through Carter Bridge, you are already home --- calm, showered, present. Your child is still awake. Here is what the apartment actually gives you: No commute tax. VI address means you reclaim 2--3 hours daily. That is time back with your family. That is mental bandwidth to think, to plan, to actually rest. No landlord. Ever again. No rent review letter in December. No unannounced visits. No begging anyone to fix what's broken in your own home. You own it. Full stop. A financial position, not just a home. This same apartment earns ₦30 million per year in rental income if you ever choose to let it. That's an asset generating cash --- not draining it. Two full bedrooms, two bathrooms, three toilets. Space designed for how senior professionals actually live --- not cramped, not compromised. Newly built. You are not inheriting someone else's problems. No old plumbing. No aging infrastructure. Clean slate. The address itself is equity. Saka Tinubu, Victoria Island. Walking distance to Eko Hotel. Adjacent to Eko Atlantic. Property in this corridor does not depreciate. It absorbs inflation. It compounds. The ask: ₦500,000,000 --- down from ₦550,000,000. That ₦50,000,000 reduction is already priced in. It will not last. The call to action This is not for everyone. If you are still sorting your finances, bookmark it and come back. No judgment. But if you are a senior professional who is genuinely done with the rent cycle --- who has capital ready and wants to plant a flag in one of Lagos' most resilient addresses --- then this conversation is for you. Call or WhatsApp the agent directly. One viewing. No pressure. You'll know within five minutes if this is the right move. Because the real question isn't whether you can afford it. It's whether you can afford another five years of the alternative. 2 Bedrooms 2 Bathrooms 3 Toilets Saka Tinubu Street, Victoria Island, Lagos Listed by Smilebay Realties Limited Ref: 3501440
Saka Tinubu, Victoria Island (VI), Lagos
2 beds
2 baths
Premium
25
₦815,000,000
Detached duplex for sale
5-Bedroom Fully Detached Duplex
Victory Park Estate. ₦815 Million. Two Masters. Both with Bathtubs. Glass Wall Kitchen. Jacuzzi. Cinema. Pool. The Most Accessible Entry Into This Estate. And the Most Complete Version of It. The problem The Victory Park Estate conversation in Lagos has arrived at a specific price point that the market has set. Fully detached 5-bedroom duplexes in this estate with a pool, cinema, automation, and glass wall kitchen have been trading at ₦850M. That number has been correct for this specification level. The estate's build quality, the plot sizes, the infrastructure, the Deed of Assignment with Building Plan Approval --- it all supports ₦850M. Buyers who have done the due diligence on this corridor know that. What those buyers have been waiting for --- the ones who want every feature, every room, every finish at the highest level this estate produces --- but who want the ₦850M specification at something below ₦850M --- has not been available. Until this listing. ₦815,000,000. Victory Park Estate. The same estate. The same plot size. The same automation. The same cinema, pool, Jacuzzi, and glass wall kitchen. With two master bedrooms that have something the previous Victory Park listings did not foreground: a luxury bathtub in both master bathrooms. The agitation Here is the specific frustration of the Lagos professional who has identified the right estate and the right specification but has been watching the price point without a clear entry opportunity. You have done the research. You know Victory Park Estate. You know the corridor --- Osapa, Lekki, directly accessible off Osapa Road, the same sub-zone that Hampton Bay Island Estate, Pinnock Beach Estate, and the canal-front developments have established as one of the most settled residential addresses in the Chevron-Lekki axis. You know what the finished duplexes in this estate look like. You may have already been to a viewing. And every month you have not made the move, you have been paying rent on someone else's asset. The landlord's letter came again. The number moved. You absorbed it. You always do. But every month the absorption continues is a month the gap between your equity position and where it should be grows wider. The comparable units in this estate have been priced at ₦850M. That was the market. You were watching. This listing --- at ₦815,000,000 --- is the moment where the full Victory Park specification meets the price point that your capital structure has been waiting to see. It is not a lesser property. It is not a unit with a compromised specification. It is the correct entry price for the complete product. The solution a 5-bedroom fully detached duplex in Victory Park Estate, Osapa, Lekki. Approximately 450sqm plot --- the standard footprint in the estate. Deed of Assignment backed by Building Plan Approval already acquired. 24/7 power backed by inverter and generator. Fully automated. ₦815,000,000. Here is what this unit delivers --- and what makes it distinct from every comparable in this estate and this corridor: Two master bedrooms. Both with walk-in closets. Both with full en-suite bathrooms. Both with a luxury bathtub and a large shower cubicle. Not one master with a bathtub. Two. Both masters in this unit are configured as full bathroom suites --- a freestanding or built-in bathtub alongside a separate large shower cubicle in each room. Two master occupants, two private bathrooms, two independent bathing configurations. No compromise on either side. The bathtub is the detail that elevates a bathroom from a functional room to a recovery infrastructure. After a Lagos workweek --- the decisions, the traffic, the client calls, the travel --- the ability to fill a bathtub in your own master bathroom and be still for 30 minutes is not a minor feature. It is the specific recovery experience that a shower cannot replicate. It is available here, in both master bedrooms, every day of the week, without leaving the compound. A glass wall kitchen --- facing the compound. The kitchen is fully fitted --- refrigerator, cooking appliances, full installation. The glass wall means the boundary between the kitchen and the outdoor environment dissolves. Natural light floods the kitchen from the glass elevation at every hour of the day. The pool, the outdoor sit-out, and the compound are visible from the kitchen counter. The cook is not isolated from the household. The space flows. For a household that entertains regularly --- or simply wants mornings that begin in a kitchen that feels open rather than enclosed --- the glass wall is the architectural decision that changes how the ground floor functions every day. A swimming pool and a Jacuzzi spa --- both in the compound. The pool is yours. Your terms. Your schedule. No booking. No shared hours. The Jacuzzi is the decompression infrastructure that a pool alone does not provide. A 20-minute Jacuzzi session after the week your household just absorbed is not a peripheral feature. It is the specific physical recovery that the week demands and that most Lagos compounds do not provide. It is here. Available daily. In your compound. A covered outdoor sit-out. The evening Lagos rain that arrives without warning ends no gatherings here. The sit-out is covered. The Saturday that starts outside stays outside. A private cinema room. A room. Not a projector on a wall. Not a television in the family lounge configured to simulate a cinema. A dedicated, acoustically appropriate cinema room --- the space where Saturday films happen, where Champions League matches get the screen they deserve, where the household's entertainment infrastructure is a room with a purpose rather than a living room rearranged for the occasion. Full home automation. Climate, lighting, access, security --- managed from your phone. The house responds before you arrive. It adjusts when you leave. You travel for business and the home continues operating correctly in your absence, visible and controllable from wherever you are. The automation is not a feature you demonstrate to guests. It is the daily operating standard of the home. Inverter, standby generator, and NEPA meter --- three independent power layers. This unit has what most Victory Park listings do not foreground: an inverter in addition to the generator and NEPA connection. The inverter is the power solution that eliminates the gap --- the 30 seconds between NEPA failure and generator start during which a video call drops, a smart home system resets, a sleeping child's room goes dark. The inverter bridges that gap instantly and silently. For the professional who works from home at any point in the week, or whose household runs on always-on infrastructure --- routers, smart devices, security systems --- the inverter is the third layer that makes the power arrangement genuinely seamless. A dedicated home office. A room for work that is not the bedroom, not the dining table, and not a corner of the living room. A door that closes. A space whose architectural function is professional work. For the senior professional whose responsibilities do not observe a hard stop at 6 PM, the home office is not a productivity preference. It is the room that makes working at home sustainable without the domestic environment absorbing the professional one. A laundry room with washer and dryer. Installed. Operational from day one. The domestic infrastructure of the household is built into the property --- not sourced after you move in. The laundry situation, which in most Lagos homes is an ad hoc arrangement producing recurring daily friction, is resolved by a dedicated room with the correct appliances already in place. A BQ with separate quarters. Your domestic staff has private, dedicated accommodation within the compound. Your home's spatial flow and your family's privacy remain intact permanently. The household operates with correctly configured domestic infrastructure rather than compromise arrangements. Five bedrooms all en-suite. Six bathrooms. Seven toilets. Every occupant wakes up to a private bathroom. No morning scheduling. No queue. The household runs without friction. NEPA meter connected. Water connected. Building Plan Approval acquired. The utilities are live. The structure was built to an officially sanctioned, approved design. Lagos State has no retrospective compliance challenge available on this building. Your solicitor will confirm this in due diligence and the conversation will be short. Deed of Assignment --- backed by the Global C of O covering Victory Park Estate. The Deed of Assignment is the recognised, legally valid conveyance instrument for this estate. It derives its legal security from the Global Certificate of Occupancy that covers all of Victory Park Estate --- a master title issued by Lagos State, state-registered, traceable to the government as the single title authority. Governor's Consent is the post-purchase upgrade path --- a straightforward Lagos Land Registry application that the final buyer initiates. Your solicitor handles it. The foundation is already the strongest possible. Victory Park Estate, Osapa --- flood-free, confirmed. The estate's drainage system was designed and built to manage Lagos rainfall without transferring the problem to individual compounds. The road from the Lekki-Epe Expressway through Osapa Road to the estate gate is well-maintained and does not carry flooding risk. The estate has delivered this consistently through every rainy season. Smilebay Realties does not list properties in flood-prone areas. Victory Park Estate was assessed against that standard before this listing was published. It passed. Your ₦815M acquisition is protected from the rainy-season risk that erodes both daily life and asset value in flood-affected Lagos addresses. The call to action The comparable units in Victory Park Estate have been priced at ₦850M. This unit is ₦815,000,000. Same estate. Same plot size. Same Deed of Assignment. Same Building Plan Approval. Same cinema, pool, Jacuzzi, glass wall kitchen, and full automation. With two master bathrooms that each have a bathtub. With an inverter as a third power layer. With a dedicated home office and a laundry room. The ₦35M difference between this unit and the estate's prevailing price is the entry advantage of acting on this listing now. It does not stay available indefinitely. Title documentation available for immediate solicitor review. Viewing arrangeable this week. Call or WhatsApp Smilebay Realties: +234 901 517 4801 Victory Park Estate. ₦815,000,000. Two bathtubs. One cinema. One Jacuzzi. One glass wall kitchen. The complete product at the accessible price. 5 Bedrooms --- 6 Bathrooms --- 7 Toilets --- Fully Detached --- Approx. 450sqm Plot All Rooms En-Suite --- Newly Built 2 Master Bedrooms --- Both with Walk-In Closet --- Both with Luxury Bathtub and Large Shower Cubicle Glass Wall Fully Fitted Kitchen --- Home Office --- Laundry Room with Washer and Dryer --- BQ Swimming Pool --- Jacuzzi Spa --- Covered Outdoor Sit-Out Private Cinema Room --- Full Home Automation --- Ample Parking --- Balconies Power: 24/7 Power --- Inverter --- Standby Generator --- NEPA Meter Connected Water: Borehole --- Treated Water --- Water Heater Internet: High-Speed WiFi Interior: Air Conditioning --- pop Ceilings --- Built-In Wardrobes --- Tiled Floors --- Guest Toilet Security: Security Gate --- Perimeter Fencing --- Electric Fence --- Burglar Proof --- CCTV --- Security Gateman --- Intercom --- Fire Safety Title: Deed of Assignment backed by Global Certificate of Occupancy Building Documentation: Building Plan Approval Acquired Governor's Consent: Upgradeable post-purchase by final buyer Victory Park Estate, Osapa, Lekki, Lagos Price: ₦815,000,000 Flood-Free --- Confirmed by Smilebay Realties Pre-Listing Assessment Listed by Smilebay Realties Limited --- Ref: 3552456
Victory Park Estate, Osapa, Lekki, Lagos
5 beds
6 baths
Premium
20
$3,500,000
Flat / apartment for sale
5-Bedroom Three-Level Penthouse
The Doors Are Bulletproof. The Pool Is on the Roof. The Views Are Unobstructed Across the Entire Ikoyi Skyline. Deed of Assignment. C of O on the Land. This Is Not a Lagos Penthouse. This Is the Lagos Penthouse. The problem At a certain level of professional life, the conversation about real estate stops being about square metres and starts being about something that is harder to name. It is about the place that reflects the full weight of what you have built. Not partially. Not aspirationally. Completely. The home where the security infrastructure matches the profile of the person inside it. Where the view from the terrace says --- without a single word --- that you are at the top of the city, not in it. Where every material decision, every finish, every architectural choice communicates that the person who lives here operates at a level where compromise is simply not part of the available options. Most Lagos residences --- even the best ones --- get close. A three-level penthouse in Old Ikoyi Central, with bulletproof doors, a rooftop infinity pool, private elevators, and an unobstructed wraparound terrace from which you can see the entire Ikoyi skyline, does not get close. It arrives. The agitation Here is what the highest tier of Lagos residential real estate has been missing --- and what every serious buyer at this level has felt when looking at the available options. The premium residential market in Lagos has produced excellent properties. Good buildings, strong addresses, well-executed developments at ₦500M, ₦800M, ₦1B, even ₦3B. Some of them are in this portfolio. But there has been a specific gap between what Lagos's most senior principals --- the Group Managing Directors, the regional heads of multinational organisations, the founders whose exits have created generational capital, the family offices that manage wealth across multiple currencies and geographies --- require in a home, and what the market has consistently delivered. That gap is specification depth. The difference between a good Lagos penthouse and the right Lagos penthouse is not the number of bedrooms. It is whether the doors are bulletproof. Whether the pool is on the roof, facing the skyline, rather than in a compound below the residential floors. Whether the elevators are private --- yours alone, not shared with the building's other residents. Whether the terrace wraps the entire perimeter of the penthouse, giving you Ikoyi in every direction without interruption. Whether the smart home system is genuinely integrated, not a panel that controls two lights. Whether there are three BQs --- because at this level, the domestic infrastructure is not a single gate man and a cleaning schedule, it is a staff of three with separate, properly configured quarters. And whether the title is clean, documented, and ready for your solicitor on day one. The buyer at $3.5M has been in enough properties --- in Lagos, in Dubai, in London, in Singapore --- to know immediately when a residence crosses from impressive to correct. This one crosses. The solution a five-bedroom, three-level penthouse in Old Ikoyi Central, Ikoyi. Fully furnished. Fully finished. Deed of Assignment backed by a Certificate of Occupancy on the land. $3,500,000. There is no other penthouse in Lagos with this precise combination of specifications. Here is what each one means at the level of daily lived experience: Bulletproof doors. The statement that precedes everything else this penthouse communicates. Bulletproof doors are not installed in a building by a developer trying to impress a buyer. They are installed because the profile of the person who belongs in this residence demands it. They are a security infrastructure decision of the same category as a private elevator and a dedicated security perimeter --- not a feature, a standard. For the principal who lives here, the presence of bulletproof doors is not remarkable. It is expected. That expectation being met on day one is the correct beginning of the relationship between this residence and its owner. A rooftop overflowing pool. Not in the compound. Not on a shared amenity floor. On the roof of the penthouse. The pool that overflows at its edges --- the infinity effect that makes the water appear to merge with the Ikoyi skyline beyond it --- sits at the top of a three-level residence in the centre of Old Ikoyi. Swimming in this pool is not an activity. It is a position. You are above the neighbourhood, above the canopy, above the city's ambient activity, with the Lagos lagoon and the Ikoyi residential landscape in every direction. That experience is not replicable at any lower position in any building in this corridor. A wraparound terrace with unobstructed 360-degree views of the entire Ikoyi. The terrace runs the full perimeter of the penthouse level. There is no building between this terrace and the Ikoyi skyline in any direction --- because the penthouse sits at the top of its building in the centre of a residential neighbourhood whose tree canopy and low-rise character protects the view rather than obstructing it. The Lagos lagoon is visible. The VI skyline is visible in the distance. The Ikoyi residential interior --- the most consistently premium neighbourhood in Nigeria --- is visible in every other direction. This is the view that people who have been to the best penthouses in Dubai, New York, and Cape Town recognise as its equal. Private elevators. Plural. The elevators in this penthouse are private --- serving the penthouse exclusively, not the building's other floors or other residents. You press the button. The elevator comes. You are the only person who uses it. There is no lobby wait, no shared cabin, no floor-by-floor stop. The vertical movement of this residence is designed with the same privacy philosophy as every other element of it. Floor-to-ceiling windows throughout. The light quality in this penthouse is determined by walls of glass, not apertures. The natural light that enters through floor-to-ceiling windows on all sides of a three-level penthouse in Old Ikoyi changes the character of every room. The living space breathes differently. The depth of the interior reads differently. The connection between inside and outside is not a view through a window frame but a continuous visual relationship with the city beyond. Double-volume living spaces. The vertical dimension of the main living areas is double the standard ceiling height. In combination with the floor-to-ceiling windows, this creates a living room that functions at a completely different scale from any standard apartment --- acoustically, visually, and spatially. The room absorbs a gathering of twenty without compression. It produces silence when empty in a way that only genuine volume creates. Skylights in multiple areas. Natural light arrives from above as well as from the sides. The skylights change the quality of light in the rooms they serve in a way that lateral windows alone cannot achieve --- the light falls vertically, creating warmth and depth at different hours of the day. In a penthouse already defined by its relationship with natural light, the skylights are the refinement of that relationship. Smart home --- fully integrated. Climate, lighting, security, access, entertainment --- all managed from a single interface. The home responds to the resident rather than requiring the resident to manage it. This is a designed, integrated, building-level system specified at the same level of intentionality as every other element of the penthouse. It does not require management. It requires only habitation. Dry and wet fully fitted kitchen --- separate. A dry kitchen handles the everyday food preparation --- appliances, counter work, daily cooking. A wet kitchen handles the messy, heavy, large-scale cooking that a household at this level produces --- parties, large family gatherings, the kind of event where a professional chef is working and the kitchen is a production environment. Two separate kitchens mean neither function compromises the other. The dry kitchen remains clean and composed at all times. The wet kitchen absorbs everything that would otherwise disturb that composure. A cinema room. A dedicated, acoustically designed room for the experience --- not a projector mounted in a lounge. The household's entertainment infrastructure is a room, not an arrangement. Three BQs. Three separate, dedicated domestic staff quarters. Your household at this level does not operate with one gate man and a prayer. It operates with a properly staffed domestic infrastructure --- security, cleaning, cooking --- each with their own space, properly configured, within the penthouse's footprint. Your home's privacy and spatial flow remain intact at all times. Two-door access. Two independent entry and exit points to the penthouse. The operational and security significance of dual access at this level is immediate --- separate arrival and departure routes, separate staff and principal access, two independent egress options. In a residence with bulletproof doors, the dual-access design is the architectural completion of the security philosophy the building has committed to. Air conditioning, gym, 24-hour power, standby generator, borehole, treated water, CCTV, electric fence, intercom, fire safety, outdoor lighting, car park, balconies. The full utility and security infrastructure stack is in place and confirmed. Nothing is aspirational or pending. Every system listed exists and operates. The penthouse is fully equipped from the day you take possession. Fully furnished and finished. Every room in this penthouse has been furnished. Not show-unit furnished --- placed for viewing purposes --- but actually furnished to the standard that a principal who pays $3.5M expects. You bring your personal effects. The home is ready to receive them. Title: Deed of Assignment backed by a Certificate of Occupancy on the land. The land on which this building stands carries a Certificate of Occupancy --- the individually registered, state-issued title instrument that is the strongest available in Lagos land law. The buyer receives a Deed of Assignment --- the recognised conveyance instrument that transfers the ownership interest from the current titleholder to you. Together these instruments form one of the cleanest title chains available in Lagos residential property. The C of O on the land gives the Deed of Assignment its legal weight and its traceability to the Lagos State government as the title authority. Your solicitor verifies both instruments. The documentation is available for review from the moment contact is made. There are no title questions that this transaction will not be able to answer. $3,500,000. Approximately ₦4,805,570,343 at current exchange rates. Dollar-denominated. The asset holds its dollar value regardless of what the naira does between now and your exit. A fully furnished, three-level penthouse in Old Ikoyi Central --- with bulletproof doors, rooftop pool, wraparound terrace, private elevators, floor-to-ceiling windows, double-volume spaces, smart home, dual kitchen, cinema, gym, and three BQs --- priced in the currency that the global wealth management conversation uses. This is not a Lagos property priced in dollars for marketing effect. It is a dollar-denominated asset in the most consistently premium residential neighbourhood in Nigeria. Old Ikoyi Central does not flood. The established residential core of Old Ikoyi --- with its mature infrastructure, managed road network, and elevation position within the island --- is among the most drainage-stable zones in Lagos. A penthouse at the top floors of a building in this neighbourhood sits entirely above any flood risk scenario that has affected Lagos in recorded history. Smilebay Realties does not list properties in flood-prone areas. This penthouse in Old Ikoyi Central was assessed against that standard before listing. It passed. The call to action There is one of this. One three-level penthouse in Old Ikoyi Central with bulletproof doors, a rooftop overflowing pool, a wraparound terrace with unobstructed 360-degree Ikoyi skyline views, private elevators, floor-to-ceiling windows, double-volume spaces, smart home, dry and wet kitchens, cinema, gym, three BQs, dual access, and a Deed of Assignment backed by C of O on the land. Fully furnished. $3,500,000. The buyer for this residence is not forming their view of Old Ikoyi for the first time. They have been in buildings at this level elsewhere. They know what correct looks like. They are not comparing this to other Lagos penthouses. They are evaluating whether this is the residence that ends the search for a Lagos principal address. One call. All documentation available. Full furnishing inventory available on request. Viewing by appointment. Call or WhatsApp Smilebay Realties: +234 901 517 4801 The doors are bulletproof. The pool is on the roof. The title is clean. There is one. 5 Bedrooms --- 5 Bathrooms --- 7 Toilets --- Three-Level Penthouse Fully Furnished --- Fully Finished --- Serviced Bulletproof Doors --- Two-Door Access --- Private Elevators Rooftop Overflowing Pool --- Wraparound Terrace --- 360° Unobstructed Ikoyi Skyline Views Floor-to-Ceiling Windows --- Double-Volume Living Spaces --- Skylights in Multiple Areas Smart Home --- Fully Integrated Dry Kitchen --- Wet Kitchen --- Both Fully Fitted Cinema Room --- Gym --- 3 Boys' Quarters --- Car Park --- Balconies Interior: Air Conditioning --- pop Ceilings --- Built-In Wardrobes --- En-Suite Bedrooms --- Tiled Floors --- Water Heater --- Guest Toilet Power and Utilities: 24-Hour Power --- Standby Generator --- Prepaid Meter --- Borehole --- Treated Water Security: Security Gate --- Electric Fence --- Perimeter Fencing --- CCTV --- Intercom --- Fire Safety --- Security Gateman --- Outdoor Lighting Title: Deed of Assignment Land Title: Certificate of Occupancy (C of O) Both documents available for immediate solicitor review Old Ikoyi Central, Old Ikoyi, Ikoyi, Lagos Price: $3,500,000 (approximately ₦4,805,570,343 at current rates --- naira equivalent subject to exchange rate fluctuation) Flood-Free --- Confirmed by Smilebay Realties Pre-Listing Assessment Listed by Smilebay Realties Limited --- Ref: 3541286
Old Ikoyi (Central), Old Ikoyi, Ikoyi, Lagos
5 beds
5 baths
Premium
2
₦5,500,000per sq.m
Mixed-use land for sale
Mixed Use Land
Bourdillon Road, Ikoyi. 5,468.75 SQM. ₦5,500,000 per SQM. Lagos State C of O. The Rate Isn't a Guess. A 6,000sqm Parcel on This Same Road Is Priced Identically. This Is the Verified Going Rate for Bourdillon Road Land Right Now. The problem There's a category of Bourdillon Road land buyer who has learned, from watching this exact road's JV and outright-sale listings, that the same address can carry wildly different numbers depending on title type, transaction structure, and how motivated the seller is. Federal C of O land here has recently changed hands at ₦3.8 million to ₦5 million per sqm in JV structures. Distress sales have moved at a discount. Premiums on top of land value have ranged from nil to ₦1.5 billion. In that environment, a buyer needs a number they can actually verify against something else trading right now --- not a single agent's asking price taken on faith. This listing is 5,468.75sqm, outright sale, Bourdillon Road, ₦5,500,000 per sqm, Lagos State Certificate of Occupancy. The agitation Here's what makes this specific number unusually easy to check. A separate 6,000sqm parcel, also on Bourdillon Road, is independently listed at the identical rate: ₦5,500,000 per sqm. That's not a coincidence worth glossing over --- it's two different-sized parcels, on the same road, quoted at the exact same per-sqm rate, which is about as close to independent price verification as a Lagos land listing gets. For broader context on the same corridor: a 1,600sqm "prime land" parcel elsewhere in Ikoyi is listed at ₦4,320,000,000, or approximately ₦2,700,000 per sqm --- notably cheaper, likely reflecting a different specific street or title tier within Ikoyi rather than Bourdillon Road itself. A 1,400sqm vacant parcel elsewhere in Ikoyi is listed at ₦6,300,000,000, or approximately ₦4,500,000 per sqm --- closer to, but still below, this listing's rate. One detail worth stating plainly: this parcel carries a Lagos State Certificate of Occupancy, not a Federal C of O. Several JV land parcels found on this same road specifically market their Federal C of O status as a meaningful title-strength advantage. That doesn't make this listing's title invalid or weak --- Lagos State C of O is a legitimate, commonly transacted instrument --- but a buyer comparing this rate against Federal C of O-titled comparables elsewhere on Bourdillon Road should factor in that distinction rather than treat every "Bourdillon Road land" reference as title-equivalent. The solution 5,468.75 square metres of bare mixed-use land, Bourdillon Road, Ikoyi. Lagos State Certificate of Occupancy. ₦5,500,000 per square metre. Here is what this parcel delivers: Bourdillon Road itself. One of Ikoyi's most recognized addresses, and a road with an active, ongoing pattern of both outright land sales and high-rise JV deals --- genuine, current demand, not a quiet or speculative street. 5,468.75sqm. A substantial footprint, large enough to support a serious residential or mixed-use development at the scale this address commands, without requiring a developer to assemble multiple smaller titles. Lagos State Certificate of Occupancy. A recognized, transactable title instrument. Buyers should confirm registration details directly with their solicitor and weigh this against the Federal C of O tier seen on some comparable Bourdillon Road JV land, since the two aren't identical in registration strength. ₦5,500,000/sqm --- independently confirmed by a second, separately listed parcel on the same road. This is the single strongest piece of pricing evidence across the entire Bourdillon Road comparable set reviewed: two different parcels, two different sizes, the same road, the identical rate. Why this beats going in without a comparable. A buyer negotiating against a single asking price has no leverage beyond gut instinct. A buyer negotiating with a second, independently listed parcel on the same road quoting the identical rate has genuine market evidence that ₦5,500,000/sqm reflects where Bourdillon Road land is actually trading right now --- a stronger position for confirming fair value than most Lagos land transactions ever offer. The call to action 5,468.75sqm. Bourdillon Road, Ikoyi. ₦5,500,000/sqm. Lagos State C of O. Independently confirmed by a second parcel on the same road at the identical rate. The buyer for this parcel wants Bourdillon Road land at a price they can actually verify against another live listing on the same street --- not a number they have to take on faith. Call or WhatsApp Smilebay Realties: +234 901 517 4801. Title documentation available for immediate solicitor review. Confirm registration status of the Lagos State C of O directly with your solicitor before proceeding. The rate is already confirmed by a second parcel on this same road. The address is already one of Ikoyi's most established. The only open question is which parcel, at this exact rate, carries your name. Land Type: Mixed-use Land (Vacant) Size: 5,468.75 sqm Price: ₦5,500,000/sqm (≈₦30,078,125,000 total) Title: Lagos State Certificate of Occupancy Location: Bourdillon Road, Ikoyi, Lagos Market Comparable Context: 6,000sqm, Bourdillon Road, Ikoyi --- ₦5,500,000/sqm (identical independent rate, same road) 1,600sqm, "prime land," Ikoyi --- ₦4,320,000,000 (≈₦2,700,000/sqm) 1,400sqm, vacant, Ikoyi --- ₦6,300,000,000 (≈₦4,500,000/sqm) Bourdillon Road JV land (Federal C of O, for context) --- previously documented at ₦3,800,000--₦5,000,000/sqm land value, plus separate premiums up to ₦1.5B This listing: 5,468.75sqm, Bourdillon Road, Lagos State C of O --- ₦5,500,000/sqm Posted: 10 September 2026 Listed by: Smilebay Realties Limited --- Ref: #366-820-7
Bourdillion Road, Ikoyi, Lagos
Premium
1
₦11,406,455,000
Mixed-use land joint venture
Bare Land Ideal for High Rise Apartments
Bourdillon Road, Ikoyi. Joint Venture. 2,281.291 SQM. Federal C of O. Survey Available. 20-Floor Luxury Residential Development. 34 Units. Premium ₦1.4B. Same Road, Same Pattern as Its Sibling Listing: Priced Above Every Comparable Found for This Exact Size. The problem There's a category of Bourdillon Road JV land where 2,281sqm parcels --- a specific, common size on this exact road --- get quoted at meaningfully different land values and premiums depending on which facilitator is representing the deal, even when the title, location, and general terms are functionally identical. This is precisely that pattern. Multiple independently listed 2,281sqm parcels on Bourdillon Road, all Federal C of O, show land values clustering at ₦4.5 million per sqm with premiums between ₦1.1 billion and ₦1.3 billion. This listing states ₦11,406,455,000 total, which works out to exactly ₦5,000,000 per sqm, plus a ₦1.4 billion premium on top --- above every comparable found at this exact size and address. The agitation Here's the direct comparison, and it echoes almost precisely what shows up on the larger 4,417sqm parcel on this same road. A 2,281sqm Bourdillon Road parcel, Federal C of O, is listed at ₦4.5 million per sqm with a ₦1.1 billion premium and a 60/40 developer-favored sharing split. A separate 2,281sqm Bourdillon Road parcel, same title, is listed at ₦4.5 million per sqm with a ₦1.3 billion premium instead. A distress-sale 2,281sqm Bourdillon parcel, also Federal C of O, is priced at ₦5,000,000 per sqm net --- but is explicitly marked as a motivated below-market sale, not a standard asking rate. A separately described "Elim/Alfred" JV parcel matching this exact size (2,281m²) and title also confirms a ₦4.5 million per sqm land value as the standard rate quoted for this specific parcel elsewhere. This listing's implied ₦5,000,000/sqm matches only the distress-sale outlier --- a price point that exists specifically because that seller needed to move fast, not because it reflects the going rate for a standard, non-distressed Bourdillon Road JV. Layer on the ₦1.4 billion premium, which is the highest premium figure found among the standard (non-distress) comparables at this exact size, and the total cost basis here sits meaningfully above what a developer would pay by anchoring to the ₦4.5M/sqm plus ₦1.1B--₦1.3B premium cluster that multiple other facilitators are quoting for what appears to be the same or a functionally identical parcel. This matters directly to the equity split. The stated sharing here is landowner 38% (13 units) to developer 62% (21 units) --- already a slightly less developer-favorable split than the 60/40 comparable found elsewhere on the same road. Combined with the elevated land value and premium, a developer proposing terms here without first anchoring to the documented ₦4.5M/sqm rate risks giving away meaningfully more equity value than the land itself justifies. The solution 2,281.291 square metres, Bourdillon Road, Ikoyi. Federal Certificate of Occupancy. Survey available. Stated land value implying ₦5,000,000/sqm. Premium: ₦1.4 billion. Development: 20-floor luxury residential development, 34 units. Sharing: Landowner 38% (13 units), Developer 62% (21 units). Developer funds 100% of construction and execution costs. Amenities: swimming pool, gym, padel courts, residents' lounge, kids' playground. Preferred contractors: El-Alan or Cappa & D'Alberto. Timeline: 36 months. Proof of funds required. Here is what's genuinely verified and what a developer should negotiate before signing anything: Verified: Federal Certificate of Occupancy. The strongest individual title instrument available under Nigerian land law, consistent across every comparable Bourdillon parcel found. Verified: address and amenity package. Bourdillon Road remains one of Ikoyi's most established addresses, and the stated amenity list --- pool, gym, padel courts, residents' lounge, kids' playground --- is a genuinely complete package for a 34-unit residential tower. Needs negotiation: land value. Multiple comparable 2,281sqm Bourdillon Road parcels, same title, are quoted at ₦4.5 million per sqm --- a developer has clear, documented grounds to negotiate this parcel's implied ₦5,000,000/sqm down toward that established rate. Needs negotiation: the ₦1.4B premium. This exceeds the ₦1.1B--₦1.3B premium range found on directly comparable 2,281sqm Bourdillon parcels --- treat it as a starting position, not a fixed figure. Needs negotiation: the 38/62 sharing split. A comparable 2,281sqm Bourdillon parcel offers a 40/60 split in the developer's favor --- two percentage points better than what's proposed here, which compounds with the elevated land value and premium to meaningfully affect total project economics. Why this beats going in without asking. A developer who raises the documented ₦4.5M/sqm rate, the ₦1.1B--₦1.3B premium range, and the 60/40 split precedent found on comparable Bourdillon Road parcels is negotiating from genuine market evidence, not guesswork --- and stands to materially improve the deal's economics before committing proof of funds. The call to action 2,281.291sqm. Bourdillon Road, Ikoyi. Federal C of O. Implied ₦5,000,000/sqm plus ₦1.4B premium --- both above the documented range for comparable 2,281sqm parcels on the same road. Call or WhatsApp Smilebay Realties: +234 901 517 4801 and ask directly: can the land value and premium be negotiated toward the ₦4.5 million per sqm and ₦1.1B--₦1.3B premium range documented on comparable Bourdillon Road parcels of this same size? Serious developers only. Proof of funds required. Independent verification of land value and sharing terms strongly recommended before proposal. The address is already Bourdillon Road --- that part isn't in question. The title is already Federal C of O --- that part checks out. The number and the split are both above what's documented elsewhere on the same road, and both are worth negotiating before anything else. Land Type: Mixed-use Land --- Joint Venture Size: 2,281.291 sqm Stated Total Price: ₦11,406,455,000 (implies ₦5,000,000/sqm --- flagged as above comparable range) Premium: ₦1,400,000,000 (flagged as above comparable range) Title: Federal Certificate of Occupancy Survey: Available Development: 20-floor luxury residential development, 34 units Sharing: Landowner 38% (13 units) / Developer 62% (21 units) Developer Funding: 100% of construction and execution costs Amenities: Swimming pool, gym, padel courts, residents' lounge, kids' playground Preferred Contractors: El-Alan / Cappa & D'Alberto Timeline: 36 months Requirement: Proof of funds required Location: Bourdillon Road, Ikoyi, Lagos Market Comparable Context (Bourdillon Road, 2,281sqm-tier JV land): 2,281sqm, Bourdillon Road, Fed C of O --- ₦4,500,000/sqm + ₦1.1B premium, 60/40 split 2,281sqm, Bourdillon Road, Fed C of O --- ₦4,500,000/sqm + ₦1.3B premium 2,281m², Bourdillon Road, Fed C of O ("Elim/Alfred" listing) --- ₦4,500,000/sqm 2,281sqm, Bourdillon Road, Fed C of O, distress sale --- ₦5,000,000/sqm net (below-market motivated sale) This listing: 2,281.291sqm, Bourdillon Road --- implied ₦5,000,000/sqm + ₦1.4B premium, 38/62 split Posted: 5 September 2026 Listed by: Smilebay Realties Limited --- Ref: #365-859-6
Bourdillion Road, Ikoyi, Lagos
Premium
1
$2,000per sq.m
Residential land for sale
Residential Land
Eko Atlantic City, Victoria Island. 1,785 SQM. $2,000 per SQM. Deed of Assignment. This Is the Boulevard Tier. Here's Exactly Where That Sits Inside Eko Atlantic's Own Pricing Structure. The problem There's a category of Lagos land buyer who has already accepted a hard truth most of the city hasn't: that flooding and drainage failure on the mainland and even parts of the Island are not occasional inconveniences. They're structural, recurring, and worsening as sea levels and rainfall intensity both climb. That buyer isn't looking for another plot in a flood-exposed axis with a nice address attached. They're looking for the one part of Lagos engineered, from the ground up, specifically to solve that problem --- not manage around it. Eko Atlantic exists because of Lagos's flooding, not despite it. The project traces back to a 2005 government proposal aimed at permanently solving the erosion and flooding crisis at Bar Beach. What got built in response is an 8.5km sea defence --- the Great Wall of Lagos --- plus centralized drainage and water treatment systems designed into the city rather than retrofitted onto it. This listing is 1,785sqm inside that same engineered city, at $2,000/sqm, Deed of Assignment. The agitation Here's where this listing actually sits inside Eko Atlantic's own three-tier pricing structure, and why that matters. Land across Eko Atlantic is priced in three distinct bands depending on zone and road position: inner-city plots start from roughly $1,250 per sqm, major road and boulevard-front plots run from about $2,000 per sqm, and oceanfront parcels start north of $3,000 per sqm, with the Financial District and Marina zones reportedly pushing past $3,000/sqm as those areas near completion. This listing --- $2,000/sqm --- sits precisely at the entry point of the boulevard tier: the same rate previously confirmed for a comparable 2,500sqm Downtown District parcel at a slightly lower $1,800/sqm rate, and consistent with the district-wide boulevard band. That means this parcel isn't priced at Eko Atlantic's cheapest inner-city tier, and it isn't priced at its most expensive oceanfront or near-complete Financial District tier either --- it's sitting at the genuine, verifiable middle of the district's own internal pricing structure. For outside comparison: elsewhere on Victoria Island, an 8,000sqm waterfront parcel outside the sea wall trades around $1,562/sqm --- cheaper per sqm, but exposed to VI's ordinary drainage infrastructure rather than Eko Atlantic's purpose-built system. That gap is the premium a buyer pays specifically for engineered flood protection, not just a VI address. The broader trend across the wider coastal corridor supports urgency here too: a neighbouring oceanfront zone adjacent to Eko Atlantic has recorded independently verified land appreciation of between 660% and 751% between 2021 and 2026, driven specifically by investor demand for flood-protected coastal land as Lagos's broader drainage problems intensify. Every month this Eko Atlantic boulevard-tier parcel remains unsold is a month closer to it repricing toward the oceanfront and Financial District tiers already in motion around it. The solution 1,785 square metres of residential land, Eko Atlantic City, Victoria Island. Deed of Assignment. $2,000 per square metre. Here is what this specific asset delivers: Boulevard-tier positioning within Eko Atlantic's own structure. At $2,000/sqm, this parcel sits at the entry point of the district's mid-tier band --- above the $1,250/sqm inner-city floor, and meaningfully below the $3,000-plus oceanfront and Financial District ceiling. Engineered flood protection, not assumed safety. The Great Wall of Lagos is a documented, 8.5km sea defence structure designed to withstand storm surge conditions rated for a 1,000-year event. Centralized drainage and water treatment systems were built into Eko Atlantic's master plan specifically to eliminate the standing water and open-gutter flooding that affects large parts of Lagos, including some of its most expensive addresses. This isn't a claim unique to this listing --- it's the documented premise the entire city was built on. Independent infrastructure. Eko Atlantic operates its own dedicated power generation, meaning residents and developers inside it aren't dependent on the same grid strained across the rest of Lagos. Water treatment is centralized rather than left to individual boreholes. 1,785sqm. A genuine development footprint --- large enough for a serious private residence or a mid-rise residential development within Eko Atlantic's zoning parameters. Deed of Assignment. The conveyance instrument for this parcel --- buyers should confirm with their solicitor what registration steps, if any, apply toward full title perfection, consistent with standard practice on Eko Atlantic land transactions. Why this beats the alternatives on the table. A cheaper plot outside Eko Atlantic saves money upfront but inherits Lagos's broader drainage exposure --- the exact risk this district's sea wall and internal systems were engineered to remove. A pricier oceanfront or Financial District plot inside Eko Atlantic offers a more prestigious sub-address, but at a per-sqm cost this boulevard-tier parcel doesn't carry. The call to action 1,785sqm. Eko Atlantic City, Victoria Island. $2,000/sqm. Deed of Assignment. The buyer for this parcel has already ruled out building or buying in a flood-exposed part of Lagos, and is deciding between Eko Atlantic's boulevard-tier entry points and its pricier, near-complete oceanfront and Financial District land. Call or WhatsApp Smilebay Realties: +234 901 517 4801. Serious inquiries only. Title and zoning documentation available on request. The wall is already 8.5 kilometres of concrete standing between this land and the water. The pricing tier is already verified against Eko Atlantic's own internal structure. The only thing not yet decided is whose name goes on this parcel. Land Type: Residential Land (Vacant) Size: 1,785 sqm Price: $2,000/sqm (₦2,656,660 equivalent per sqm at posted conversion rate) Title: Deed of Assignment Location: Eko Atlantic City, Victoria Island (VI), Lagos Flood Protection Context: Eko Atlantic is protected by the Great Wall of Lagos, an 8.5km engineered sea defence rated for 1,000-year storm surge events, with centralized drainage and water treatment built into the city's infrastructure. Market/Internal Comparable Context: Eko Atlantic district-wide range: inner-city from $1,250/sqm; major roads/boulevards from $2,000/sqm; oceanfront from $3,000/sqm 2,500sqm, Downtown District, Eko Atlantic (previously listed) --- $1,800/sqm 8,000sqm waterfront land, VI (outside Eko Atlantic) --- ≈$1,562/sqm This listing: 1,785sqm, Eko Atlantic City --- $2,000/sqm Posted: 2 September 2026 Listed by: Smilebay Realties Limited --- Ref: #365-448-0
Eko Atlantic, Victoria Island (VI), Lagos
Premium
14
₦650,000,000
Terraced duplex for sale
4 Bedroom Terrace
Off Admiralty Way, Lekki Phase 1. 4 Bedrooms. Terrace Duplex with BQ. ₦650,000,000. Fully Fitted and Finished. Registered Deed of Assignment. Global C of O. The Comparable Property on This Exact Road Is Asking ₦700,000,000. Here's Why This One Doesn't Need To. The problem There's a specific frustration in being a corporate professional who has finally decided to stop renting --- and then discovers that "Lekki Phase 1, 4-bedroom terrace" covers everything from a ₦375,000,000 basic unit to a ₦1,400,000,000 fully detached showpiece, with no obvious way to tell which number reflects genuine value and which one is just aspirational pricing. Every evening spent renting ends the same way: surviving the commute, coming home to a landlord's decisions about the generator, the security, the unannounced inspection. The frustration of finally being ready to buy --- and then hitting a market where identical-sounding listings can differ by hundreds of millions of naira --- is its own kind of exhausting. This listing removes that guesswork. A 4-bedroom terrace duplex with BQ, off Admiralty Way, Lekki Phase 1. Fully fitted and finished. Registered Deed of Assignment and Global C of O. ₦650,000,000. And there's a specific, checkable reason this number makes sense: a semi-detached 4-bedroom on this exact same road is currently asking ₦700,000,000. The agitation Here's what's actually trading in Lekki Phase 1's 4-bedroom terrace segment right now, and where this listing sits against it. A basic 4-bedroom terraced duplex, no pool or gym mentioned, is listed at ₦375,000,000. a similarly basic unit is listed at ₦400,000,000, and another at ₦460,000,000. Step up to a genuinely comparable spec --- pool, gym, BQ, study --- and a 4-bedroom terrace on Governor's Consent title is listed at ₦450,000,000. Two separate 4-bedroom terrace listings, both with pool, gym, and BQ, both on Lagos State C of O, are asking ₦550,000,000 each. And on this exact road --- off Admiralty Way, Lekki Phase 1 --- a 4-bedroom semi-detached duplex with BQ is currently listed at ₦700,000,000. This listing --- ₦650,000,000, on the same road as that ₦700,000,000 comparable --- sits just below it, while carrying a Registered Deed of Assignment backed by a Global Certificate of Occupancy, a stronger title position than the Governor's Consent seen on several of the ₦450,000,000--₦550,000,000 comparables. That combination is the actual story here: same-road pricing validation from the ₦700,000,000 comparable, plus a title tier above most of the mid-market alternatives, at a price that still sits below the most direct same-street comparable. The solution a 4-bedroom terrace duplex with BQ, off Admiralty Way, Lekki Phase 1. Fully fitted and finished to taste. Registered Deed of Assignment. Global Certificate of Occupancy. ₦650,000,000. Here is what each element actually delivers: Off Admiralty Way --- the same road as this segment's clearest comparable. The ₦700,000,000 semi-detached listing on this exact street isn't a distant reference point; it's a direct, current, same-address confirmation of what buyers are already paying for comparable space here. This listing's ₦650,000,000 sits credibly below it. Registered Deed of Assignment plus Global Certificate of Occupancy. A stronger title combination than the Governor's Consent title carried by several of the ₦450,000,000--₦550,000,000 comparables --- genuinely relevant for a buyer who wants the strongest documentation available before committing capital of this size. Fully fitted and finished to taste. No renovation project, no finishing budget to plan for after closing --- move in with furniture, not contractors. Swimming pool, elevator. A pool matches the amenity tier of the ₦450,000,000--₦550,000,000 comparables, but an elevator is a genuine differentiator most of those listings don't mention --- a meaningful convenience across a multi-floor terrace, especially for a household with children, older parents, or simply groceries to carry upstairs daily. Boys' quarters (BQ). Staff housing on your own footprint, consistent with what every serious comparable in this segment includes. 24/7 power supply, standby generator, borehole, treated water. Utility independence from a landlord's maintenance schedule --- the daily frustration most rented flats never fully solve. Security gate, perimeter fencing, burglar proof, CCTV surveillance, security/gateman, intercom, fire safety. A full layered security profile appropriate to a property at this price point. Why this beats the alternatives on the table. The ₦375,000,000--₦460,000,000 comparables cost less but skip the pool, gym, and elevator this listing includes. The ₦450,000,000--₦550,000,000 comparables match the amenity tier but carry a weaker Governor's Consent title. The ₦700,000,000 same-road comparable validates the location's value but costs ₦50,000,000 more for a semi-detached configuration rather than this listing's terrace format. The call to action ₦650,000,000. 4-bedroom terrace duplex with BQ, off Admiralty Way, Lekki Phase 1. Fully fitted and finished. Registered Deed of Assignment. Global C of O. The buyer for this unit has already seen what a comparable property on this exact road is asking, and is looking for the version of that same location priced sensibly below it, without sacrificing title strength. Call or WhatsApp Smilebay Realties: +234 901 517 4801. Viewing by appointment. Title documentation available for immediate solicitor review. The comparable on this exact road is already asking ₦700,000,000. The title here is already stronger than most of the mid-market alternatives. The only thing left to decide is whether you close before this one moves toward that same-road number too. Property Type: Terraced Duplex --- For Sale Bedrooms: 4 --- Bathrooms: 4 --- Toilets: 5 Price: ₦650,000,000 Finishing: Fully fitted and finished to taste Title: Registered Deed of Assignment + Global Certificate of Occupancy Location: Off Admiralty Way, Lekki Phase 1, Lekki, Lagos Interior & Finishing: Fitted kitchen --- pop ceiling --- Built-in wardrobes --- Tiled floors --- Guest toilet Power & Utilities: 24/7 power supply --- Standby generator --- Borehole --- Treated water --- High-speed internet/WiFi Security: Security gate --- Perimeter fencing --- Burglar proof --- CCTV surveillance --- Security/gateman --- Intercom --- Fire safety Outdoor & Communal: Swimming pool --- Boys' quarters (BQ) --- Car park --- Balcony --- Outdoor lighting --- Elevator NPC/Market Comparable Context (Lekki Phase 1, 4-bedroom terrace/semi-detached): 4-bedroom terrace, basic spec --- ₦375,000,000--₦460,000,000 4-bedroom terrace, pool + gym + BQ + study, Governor's Consent --- ₦450,000,000 4-bedroom terrace, pool + gym + BQ, serviced, Lagos State C of O --- ₦550,000,000 (two comparable listings) 4-bedroom semi-detached w/ BQ, off Admiralty Way (same road as this listing) --- ₦700,000,000 Average 4-bedroom property, Lekki Phase 1 --- ≈₦423,000,000--₦700,000,000 (source-dependent) This listing: 4-bedroom terrace w/ BQ, off Admiralty Way --- ₦650,000,000 Posted: 2 September 2026 Listed by: Smilebay Realties Limited --- Ref: #365-282-5
Off Admirality Way, Lekki Phase 1, Lekki, Lagos
4 beds
4 baths
Premium
10
₦90,000,000
Terraced duplex for sale
2 Bedrooms Terraced Duplex
₦90 Million. 2-Bedroom Terrace Duplex. Lekki Corridor. Serviced. Global C of O. Ready December 2026. This Is the Entry Point You Have Been Waiting For. The problem The Lekki property conversation has, for most serious buyers, lived in a price range that has been just above comfortable for longer than they want to admit. ₦176M. ₦250M. ₦260M. These are real numbers for real Lekki properties --- and for the professional who has been watching the corridor, who knows what those addresses mean for daily life, commute, school proximity, and long-term asset value, they represent a genuine stretch. Not impossible. But not yet. So you have continued renting. Not because you do not want to own. Not because the Lekki corridor is not where you want to be. But because every option at the price your capital allows has come with a location compromise, a title problem, or a building quality issue that made the answer "not this one." This listing changes that calculation. ₦90M. In Lekki. On Mobil Road. Terrace duplex. 2 bedrooms. Serviced. Global C of O. 80% complete. Ready December 2026. The Lekki corridor has been accessible to you for a while. You just needed the right opening. The agitation Here is the specific cost of every month you have spent waiting for that opening while continuing to rent. Your current rent --- wherever you are in the Lekki-adjacent corridor --- is producing nothing on your balance sheet. Every renewal letter that arrived was money spent on occupying someone else's asset while your own position stayed at zero. Every year you stayed in a rented house in this part of Lagos was a year the Lekki corridor price floor moved slightly further from where it was when you first started watching. The professionals who bought terraces on Mobil Road three years ago at numbers that have since appreciated are not in a different income bracket from you. They did not take a risk you would not have taken. They found an opening at an accessible price point in the right corridor at the right time --- and they moved. You are looking at that opening right now. And the price rises as the building finishes. That is not a tactic. It is the documented behaviour of every active Lagos development: early-stage buyers get the early-stage price. By the time the building is at 100% and the hoardings come down, the price reflects that completion. This building is at 80%. December 2026 is six months away. The price available today will not be the price available in December. The solution This 2-bedroom terrace duplex on Mobil Road, Lekki, is the Lekki corridor entry point at ₦90M --- with a Global C of O, a serviced structure, and a confirmed December 2026 delivery date on a project that is already 80% complete. Here is precisely what the acquisition delivers: Mobil Road, Lekki --- the specific corridor that matters. Mobil Road sits in the Lekki residential zone that most Lekki-corridor professionals know from daily movement. The Mobil roundabout junction is a primary reference point on the Lekki-Epe Expressway axis. Proximity to this junction means access to both the Phase 1 direction and the Chevron-Osapa direction from a single point. The residential character along Mobil Road is established --- it is not an emerging address, it is not a developing location, it is a functioning residential road in the Lekki corridor. At ₦90M, you are entering that corridor directly, not an adjacent approximation of it. 2 bedrooms. 3 bathrooms. 3 toilets. The floor plan is correctly sized for a young professional couple, a professional and a child, or the first-time buyer who wants the Lekki address in a compact, manageable home that does not stretch the capital allocation beyond the right threshold. Three bathrooms across two bedrooms means neither bedroom shares. Three toilets means the household never queues in the morning. The layout is efficient without being compromised. Terrace duplex --- your own entrance, your own staircase, your own identity. This is not an apartment. It is a house within a row of houses --- your front door, your staircase, your two floors of private space. The shared walls of a terrace are the only point of adjacency with neighbours. Everything else is yours. For the professional who has spent years in apartment buildings sharing lifts, corridors, and stairwells with strangers, walking through your own front door every evening is a different category of living experience. It is the first day of owning your own space in the full sense of the word. 80% complete with December 2026 delivery confirmed. Not a project at the design stage. Not a promise with an asterisk. The structure is 80% built. The delivery is December 2026. The risk profile of this acquisition is closer to a near-complete purchase than an off-plan bet. You are not funding a developer's vision. You are entering a building that is nearly standing. Serviced development. Estate management is in place. Confirm the specific services at first contact --- power arrangement, water infrastructure, security model. These three variables determine what "serviced" delivers in practice. The agent has the details and will confirm them immediately. Global Certificate of Occupancy. The master title instrument covering the entire development. Every unit in this terrace derives its title security from a single, estate-level, state-registered document. For a buyer at ₦90M, a Global C of O removes the title anxiety that has killed more Lagos property transactions at the accessible price point than any other single factor. The title question is answered before it is asked. ₦90,000,000. 80% complete. Ready December 2026. Mobil Road, Lekki. 2 bedrooms. Serviced. Global C of O. In the Smilebay Realties portfolio --- which spans from ₦90M terrace duplexes to ₦2.25B Banana Island land --- this is the most accessible purchase entry point in the series. It is not a lesser asset. It is the Lekki corridor at the price point that has been unavailable in this portfolio until now. Mobil Road, Lekki sits in one of the better-drained sections of the Lekki corridor. Smilebay Realties does not list properties in flood-prone areas. This development was assessed against that standard before listing. It passed. The call to action This listing is for the buyer who has been watching the Lekki corridor from a price point below what was previously available in this portfolio. ₦90M. December 2026. 2 bedrooms. Serviced. Global C of O. Mobil Road, Lekki. The project is 80% complete. The price today is the early-stage price. Both of those facts have a defined shelf life. One call is all it takes. Title documentation available. Site visit arrangeable this week. Call or WhatsApp Smilebay Realties: +234 901 517 4801 The Lekki corridor has been waiting for you to find the right number. You just found it. 2 Bedrooms 3 Bathrooms 3 Toilets Terrace Duplex Serviced Development Global Certificate of Occupancy 80% Complete December 2026 Delivery Flood-Free Lekki Corridor Access with solar power Mobil Road, Lekki, Lagos ₦90,000,000 Listed by Smilebay Realties Limited Ref: 3298136
Mobil Road, Lekki, Lagos
2 beds
3 baths
Premium
23
$2,600,000
Detached duplex for sale
Newly Built 5-Bedroom Fully Detached Duplex
Banana Island. Newly Built. Fully Detached. G+3 Floors. Cinema Room. Rooftop Lounge Off the Master Suite. C of O. Two Units. $2,600,000. This Is the Definitive Lagos Address. And There Are Only Two of Them. The problem Every Lagos professional who has reached the top tier of their career has had a version of the same private conversation. Not with anyone else. With themselves. Usually on a flight back to Lagos. Usually looking out the window at the city below --- the lagoon, the island, the lights --- and doing a quiet, honest inventory of the gap between what they have built professionally and where they actually live. The title is senior. The responsibilities are significant. The decisions that pass through your hands every week would be remarkable to anyone who observed them from the outside. And yet. The home does not reflect any of it. Not in a dramatic way. The compound is fine. The building is decent. The neighbourhood is acceptable. But "acceptable" is the word that sits in the back of the mind like a low-grade alarm --- the signal that the residential chapter has not yet caught up to the professional one. There is one address in Lagos where that alarm goes quiet. One island. One category of home. One title that --- when you say it at a dinner, on a call, in a profile --- requires no further explanation anywhere in the world. Banana Island. The agitation Here is what operating at the apex of Lagos professional life at the wrong address costs --- beyond the practical inconveniences of commute and landlord management. It costs context. The home you live in is the environment that produces the recovery, the thinking, and the presence that your career demands. It is where your children form their first impressions of what their parents built. It is where the informal conversations that precede the formal decisions happen. It is what international colleagues, visiting partners, and board members see when they visit Lagos and you host. A home that is merely acceptable produces a version of all of those things that is merely acceptable. Banana Island produces something different. The controlled access. The managed island environment. The resident profile --- the country's most senior executives, diplomats, multinational heads, and family wealth that has operated at this level for generations. The physical environment that was planned, built, and maintained at a standard that no other address in Lagos has replicated. The professionals who have been living on Banana Island for the last decade are not more talented than you. They are not significantly wealthier in career earnings. They made one decision --- at some point, in response to the same private conversation you have been having --- that placed them in the correct environment for the phase of their life they had reached. And now you are looking at two newly built, fully detached, five-bedroom duplexes on that island. C of O. Cinema. Rooftop lounge. Pool. $2.6M. There are two of them. The solution Two newly built, fully detached 5-bedroom duplexes on Banana Island, Ikoyi. Certificate of Occupancy. G+3 floors --- ground floor through Level 3 --- designed with a floor plan architecture that has not appeared in any other residential listing in this portfolio. $2,600,000 per unit. Here is what four floors of Banana Island living actually delivers: Ground floor --- the social heart of the house. A massive living room that sets the register for every person who enters. A fully fitted kitchen. A pantry. A guest toilet. This floor is where the household receives --- guests, clients, family --- in a space that was sized for exactly that function. Not a reception area adapted from a lounge. A room designed to receive. Level 1 --- the second living world. A spacious family lounge --- separate from the ground floor social spaces. A cinema room with dedicated AV capacity. An office space --- not a desk in a bedroom, a room whose function is defined by its architecture. A guest room and guest bathroom. And a second kitchen on this floor. This means the upper levels of the house are not dependent on the ground floor kitchen for function. The family's private floors --- Level 1 through Level 3 --- operate with the same infrastructure completeness as the social ground floor. The household is not a hierarchy of access. It is a stack of fully equipped living environments. Level 2 --- three massive en-suite bedrooms. Three bedrooms. All en-suite. All described in the developer's own words as massive. In a fully detached duplex on Banana Island, "massive" is not a marketing modifier. It is a proportional description of what 500sqm of land on a planned island permits a developer to deliver when they are not compromising on space. Three adults --- or two children and a parent --- wake up on Level 2 to private bathrooms and rooms that do not require furniture compromise. The layout breathes. Level 3 --- the master suite and the rooftop. The master bedroom occupies the top floor. It is en-suite. It has a walk-in closet. And directly adjacent to it --- not separated by a staircase, not accessed through a common corridor --- is a rooftop lounge area. This is not a shared rooftop. It is the master suite's private outdoor extension. The morning coffee before the calls begin. The evening decompression after the meetings end. The Lagos skyline and lagoon from the top of a fully detached building on Banana Island, accessible from your bedroom without leaving your floor. Swimming pool. Your pool. Your compound. Your terms. Banana Island at 7 AM on a Sunday is quiet in a way Lagos almost never is. The pool on this island, in this compound, at that hour, is the specific experience of living at an address that has separated itself from the city it exists within. Boys' Quarters. Your domestic staff has dedicated private quarters. Your home's spatial integrity and your family's privacy remain intact permanently. The security infrastructure is layered, not minimal. Security gate. Perimeter fencing. Electric fence. Burglar proof. CCTV surveillance. Intercom. Fire safety. This is not a list of features. It is an institutional security architecture appropriate to an address whose resident profile has required exactly this level of protection for decades. The island has controlled vehicle access. The building adds perimeter, electric, surveillance, and communication layers on top of that. The environment your family lives in is secured at multiple independent levels simultaneously. 24-hour power. Prepaid meter. Borehole. Treated water. High-speed internet. The utility infrastructure is complete, independent, and confirmed. Power is continuous. Water is treated and stored. Internet is high-speed. The building does not require you to manage its basic operational infrastructure. It manages itself. Certificate of Occupancy. The title is a C of O --- the most individually registered, buyer-named title instrument in Lagos land law. It is issued in the name of the current owner. When you purchase, it transfers to you. There is no derivation chain, no upgrade process, no post-purchase application to initiate. The title work is done. Your solicitor verifies it. The transaction proceeds. $2,600,000 per unit --- approximately ₦3,564,000,000 at current exchange rates. The dollar denomination is confirmed. The naira equivalent reflects the current exchange rate and fluctuates. The asset does not. A fully detached, newly built, G+3 duplex on Banana Island with C of O, cinema, rooftop lounge, pool, BQ, 24-hour power, and a layered security infrastructure --- denominated in dollars --- is a naira hedge that has no equivalent in the residential property portfolio. The asset holds its dollar value regardless of what the naira does between now and your exit. Two units available. Not a development of twenty. Not a block of identical apartments. Two fully detached duplexes --- each self-contained, each with its own compound, pool, and BQ, each with a C of O --- on Banana Island. When they are gone, they are gone. There is no next phase. There is no similar offering coming to market. The island is finite. The inventory is two. Banana Island does not flood. The island was planned, graded, and drained as part of its original development infrastructure. The drainage systems were designed before the first building was built --- not retrofitted onto terrain. A fully detached building on Banana Island with residential levels from ground to Level 3 sits entirely above any flooding scenario that has affected any part of Lagos in recorded history. Smilebay Realties does not list properties in flood-prone areas. This property on Banana Island was assessed against that standard before listing. It passed comprehensively. The call to action Two units. Banana Island. $2.6M each. C of O. Newly built. Fully detached. The buyer for this property is not forming their view of Banana Island for the first time. They have been here for dinners, for meetings, for viewings that did not result in a purchase because the available product was not right. They understand what C of O on Banana Island means. They understand what a G+3 fully detached building with a private rooftop lounge off the master suite represents at this address. They are not browsing. They are deciding. One call. All documentation available. Both units available for viewing. Call or WhatsApp Smilebay Realties: +234 901 517 4801 Two units. One island. No equivalent anywhere else in Lagos. 5 Bedrooms --- 6 Bathrooms --- 7 Toilets --- Fully Detached --- Newly Built G+3 Floors --- Serviced Ground Floor: Massive Living Room --- Fitted Kitchen --- Pantry --- Guest Toilet Level 1: Family Lounge --- Cinema Room --- Office Space --- Guest Room --- Guest Toilet --- Kitchen Level 2: Three Massive En-Suite Bedrooms Level 3: Master En-Suite Bedroom --- Walk-In Closet --- Private Rooftop Lounge Swimming Pool --- Boys' Quarters --- Spacious Compound pop Ceilings --- Built-In Wardrobes --- Tiled Floors --- Water Heater Security: Security Gate --- Perimeter Fencing --- Electric Fence --- Burglar Proof --- CCTV --- Intercom --- Fire Safety Power and Utilities: 24-Hour Power --- Prepaid Meter --- Borehole --- Treated Water --- High-Speed Internet Title: Certificate of Occupancy Banana Island, Ikoyi, Lagos Price: $2,600,000 per unit (approximately ₦3,564,000,000 at current rates --- naira equivalent subject to exchange rate fluctuation) 2 Units Available Flood-Free --- Confirmed by Smilebay Realties Pre-Listing Assessment Listed by Smilebay Realties Limited --- Ref: 3541343
Banana Island, Ikoyi, Lagos
5 beds
6 baths
Premium
1
₦1,200,000per sq.m
Residential land for sale
1480 SQMS Residential Land
1480 sqms located at Belavista estate directly off freedom way, ikate, Lekki phase 1 1.2M per sqm. Global c of o and gazette Registered Deed of assignment
Freedom Way, Lekki Phase 1, Lekki, Lagos
Premium
2
₦1,500,000,000
Residential land joint venture
Residential Land
Alma Beach Estate, Ikate, Lekki. Joint Venture. 1,200 SQM. ₦1,500,000,000 Asking. Certificate of Occupancy. Minimum 16 Flats. Sharing Ratio Open to Proposal. Before You Read the Rest of This Listing, Read This: The Price Needs an Answer the Description Doesn't Give. The problem There's a category of Ikate JV land where two nearly identical parcels --- same size, same title type, same general corridor --- can carry wildly different asking prices, and the only way a developer finds out is by actually comparing them side by side instead of taking one listing's number at face value. Most JV land search happens the opposite way. A developer sees an address they recognize --- Alma Beach Estate, Ikate, oceanfront-adjacent --- reads a plausible unit count, and starts modelling a proposal before checking what an essentially identical footprint is trading for two streets over. That's how a developer ends up structuring an equity split against a land value that's double the market's going rate for the same size plot in the same neighborhood. This listing is 1,200sqm, Alma Beach Estate, Ikate. Certificate of Occupancy. ₦1,500,000,000 asking. A minimum of 16 flats requested. Before running a single unit-economics model, the honest first step is putting this number next to what else is trading on the exact same footprint in the same corridor right now. The agitation Here's what that comparison actually shows, and it's not subtle. A separate 1,200sqm JV parcel in Ikate --- the identical size, the identical Lagos C of O title, a 50/50 sharing structure and a 10% facilitator's fee --- is listed at ₦600,000,000. That works out to approximately ₦500,000 per sqm. A 1,000sqm parcel behind Pinnacle Marwa, Ikate, on Governor's Consent, is asking ₦650,000,000, or ₦650,000/sqm. A 1,192sqm corner piece at Itedo Estate off Freedom Way, Ikate, is asking ₦500,000,000 plus a ₦40,000,000 premium --- approximately ₦419,463/sqm all-in. A larger 3,512sqm parcel on Gbangbala Street, Ikate, sand-filled and fenced, is asking ₦650,000/sqm. This listing --- 1,200sqm at ₦1,500,000,000 --- works out to approximately ₦1,250,000 per sqm. Against four independently listed Ikate JV comparables clustering between ₦419,463 and ₦650,000 per sqm, that's not a modest premium. It's roughly double to triple the corridor's going rate on land of comparable or larger size. Is there a legitimate reason for that gap? Possibly. Alma Beach Estate specifically markets itself on proximity to the Ikate-Elegushi oceanfront, and a genuine beachfront or near-beachfront position inside a gated estate can command more than raw JV land elsewhere in Ikate. A 10,000sqm outright parcel at Alma Beach Estate, described as fenced and near the ocean front, sold for ₦700,000,000 total --- which on a per-sqm basis is actually far cheaper than this listing (≈₦70,000/sqm), though outright sale pricing on a much larger, likely undeveloped parcel isn't a clean apples-to-apples comparison against a 1,200sqm JV plot. What that comparison does confirm is that Alma Beach Estate itself isn't inherently a premium-priced address in every transaction type --- which makes the ₦1,250,000/sqm rate on this specific 1,200sqm JV parcel even harder to explain without a specific justification from the seller: exact plot position, direct beach frontage, or a stated reason this parcel differs materially from the ₦419,463--₦650,000/sqm Ikate comparables above. We're not resolving that question for you. A developer evaluating this deal should ask the agent directly, in writing, what specifically justifies this parcel's rate against the four comparables cited --- and should not proceed to a sharing-ratio proposal until that answer holds up. The solution 1,200 square metres, Alma Beach Estate, Ikate, Lekki. Certificate of Occupancy. ₦1,500,000,000 asking value. Minimum proposal: 16 flats. Sharing ratio open to developer proposal. Premium: 10% of value. Facilitator's fee: 10% of value. Here is what a developer should actually evaluate before proposing terms: A specific, checkable unit benchmark. Sixteen flats minimum on 1,200sqm gives a concrete density target to model --- verify feasible floor count and permitted density with Lagos State planning before committing to a sharing ratio, since the 16-unit figure needs to be tested against actual buildable floor area, not accepted as automatically achievable. Certificate of Occupancy. A recognized title instrument. Confirm it's a full C of O and not a lesser instrument like the Governor's Consent or Elegushi C of O seen on comparable Ikate parcels --- title type materially affects how this parcel should be valued against the comparables above. Alma Beach Estate, Ikate. A named estate address with genuine proximity to the Ikate-Elegushi oceanfront corridor --- a real locational asset, but one whose actual premium over generic Ikate JV land needs to be demonstrated with this specific parcel's exact position, not assumed from the estate name alone. Open sharing ratio. The owner hasn't fixed the equity split --- genuine room for a developer to structure a ratio around their real construction cost basis, provided the underlying land valuation used to anchor that ratio is itself defensible. Combined 20% transaction cost on a disputed base value. The 10% premium and 10% facilitator's fee are both calculated on the ₦1.5B asking value --- meaning if that base value is inflated relative to the corridor's actual going rate, the fees compound the overpayment rather than simply sitting on top of a fair number. Why the comparables matter more than the address here. A developer proposing a sharing ratio against an inflated land value effectively gives away more of the completed development's equity than the land is actually worth. Anchoring the negotiation to the ₦419,463--₦650,000/sqm range already trading in Ikate --- and asking the seller to justify anything above it --- protects the developer's actual return before a single foundation is poured. The call to action 1,200sqm. Alma Beach Estate, Ikate, Lekki. ₦1,500,000,000 asking --- well above the ₦419,463--₦650,000/sqm range currently trading on comparable Ikate JV parcels. C of O. Minimum 16 flats. Sharing ratio open to proposal. 10% premium, 10% facilitator's fee. The buyer for this parcel is a developer who will not accept the asking value at face value, and who will require the agent or owner to justify it directly against the four comparables cited above before structuring any sharing-ratio proposal. Call or WhatsApp Smilebay Realties: +234 901 517 4801 and ask specifically: what justifies this parcel's per-sqm rate against comparable Ikate JV land currently trading at less than half this price? Serious developers only. Request the specific justification for the asking price, in writing, before proposing terms. The unit count is already set at a minimum of 16. The title is stated as C of O --- confirm that in writing before anything else. The number that actually matters isn't the asking price on this page. It's whether anyone can justify the gap between it and everything else trading two streets over. Land Type: Residential Land --- Joint Venture Size: 1,200 sqm Asking Value: ₦1,500,000,000 (≈₦1,250,000/sqm --- flagged as significantly above corridor comparables; verify justification before proceeding) Proposal Requirement: Minimum 16 flats Sharing Ratio: Open --- developer to propose Title: Certificate of Occupancy (C of O) --- confirm instrument type in writing Premium: 10% of value Facilitator's Fee: 10% of value Location: Alma Beach Estate, Ikate, Lekki, Lagos (Meadow Hall axis) NPC/Market Comparable Context (Ikate JV land): 1,200sqm, Ikate, Lagos C of O, 50/50 sharing --- ₦600,000,000 (≈₦500,000/sqm) 1,000sqm, behind Pinnacle Marwa, Ikate, Governor's Consent --- ₦650,000,000 + ₦50M premium (≈₦650,000/sqm) 1,192sqm corner piece, Itedo Estate off Freedom Way, Ikate --- ₦500,000,000 + ₦40M premium (≈₦419,463/sqm) 3,512sqm, Gbangbala St, Ikate, Governor's Consent, sand-filled --- ≈₦650,000/sqm (₦2,282,800,000) 10,000sqm, Alma Beach Estate, oceanfront, outright sale --- ₦700,000,000 (≈₦70,000/sqm) This listing: 1,200sqm, Alma Beach Estate, Ikate --- ₦1,500,000,000 (≈₦1,250,000/sqm) Posted: 31 August 2026 Listed by: Smilebay Realties Limited --- Ref: #364-931-7
Meadow Hall Axis, Ikate, Lekki, Lagos
Premium
23
₦50,000,000/yr
Flat / apartment for rent
4 Bedroom Penthouse
The Iconic Towers, Sinari Daranijo Street, Victoria Island. 4 Bedrooms. 1 BQ. ₦50,000,000 Per Annum. Fully Furnished. Fully Serviced. If You're Renting in Lagos Anyway, This Is the Version Worth Renting. The problem There's an honest thing most rental listings won't tell you upfront: renting in Lagos, at the corporate income level, isn't actually one problem. It's two. The first is the traffic and the commute --- Third Mainland Bridge, Lekki-Epe, the hours that disappear before you've even started your workday. The second is what you come home to --- a landlord who shows up unannounced, a compound where the generator runs on someone else's schedule, service charges that change without notice, and a building that was never actually managed as a building. You can't buy your way out of renting overnight --- that's a different conversation, with different numbers. But you can stop accepting the version of renting that carries both problems, and rent the version that at least solves the second one properly. The agitation Here's what the actual VI rental market looks like right now, and why most of it still leaves the second problem unsolved. A furnished 3-bedroom in Oniru rents for around ₦22,000,000 per annum. A standard luxury 4-bedroom furnished apartment elsewhere in VI runs ₦25,000,000 to ₦30,000,000. a 4-bedroom upper-floor flat at 1004 Estate, lagoon view, goes for ₦40,000,000. None of those, at those price points, come with a genuinely managed building --- the kind with concierge, dedicated facility management, and amenity infrastructure that removes the landlord-drama variable, not just the square footage variable. At the very top of the market, a 4-bedroom VI apartment with a conference hall, restaurant, and full building-scale amenities rents for ₦200,000,000 per annum --- a tier built for corporate housing budgets, not individual professionals paying out of pocket. This listing --- ₦50,000,000 per annum, plus ₦4,000,000 service charge --- sits well above the standard 4-bedroom comparables, and well below the ultra-premium corporate tier. That gap is exactly where "actually managed, still personally affordable" lives. You're not paying 4x more than a standard VI 4-bedroom for nothing --- you're paying for a penthouse unit inside a purpose-built, professionally managed residential tower, not a converted flat with a landlord next door. The solution a 4-bedroom penthouse with 1 boys' quarters, fully furnished, at The Iconic Towers, Sinari Daranijo Street, Victoria Island. ₦50,000,000 per annum. ₦4,000,000 service charge. 10% agency, 10% legal, 10% caution. Here's what each element actually solves: The Iconic Towers itself. This is a purpose-built, multi-block residential high-rise developed as a joint venture between the Lagos State Property Development Company and a private developer --- not a converted house or a single landlord's personal property. That structural difference matters: building management, not one person's mood, decides how the generator schedule, the security rota, and the common areas are run. 4 spacious en-suite bedrooms, 2 living rooms. Room for the family life the commute has been stealing time from --- and two living rooms means public entertaining space separate from the private family lounge. 1 room BQ. Staff housing built into the unit, not negotiated separately. Swimming pool, fully equipped gym, high-speed elevators. Building-level amenities, maintained by the building --- not something you have to chase a landlord to fix. 24/7 power, treated water, 24/7 security and CCTV. The three things that generate the most landlord disputes in Lagos rentals --- power reliability, water quality, and unannounced access --- are handled at building-management level here, not at the discretion of a single owner. Ample parking, a serene, well-maintained environment. The basic dignity most VI rentals promise in the listing copy and don't actually deliver once you move in. Why this beats the alternatives on the table. The cheaper 4-bedroom comparables at ₦22M--₦30M save money but come with the same individual-landlord risk this listing removes. The ultra-premium ₦200M tier solves the same problem at a corporate-housing budget most individuals aren't working with. This is the middle ground --- professionally managed, personally affordable, and priced against real comparables in the current market rather than an arbitrary premium. The call to action ₦50,000,000 per annum. 4 bedrooms, 1 BQ, fully furnished, The Iconic Towers, Sinari Daranijo Street, VI. Service charge ₦4,000,000. Agency, legal, and caution each at 10%. This isn't the offer that ends your renting story. It's the offer that changes which kind of renting story you're living while you build toward the one that does. Call or WhatsApp Smilebay Realties: +234 901 517 4801. Viewing by appointment. Serious inquiries only --- full agency, legal, and caution fees due at signing. The commute will still be there tomorrow morning. But the landlord who shows up unannounced won't be --- because there isn't one, just a building that's actually run like one. Property Type: Flat/Apartment (Penthouse) --- For Rent Bedrooms: 4 --- Bathrooms: 4 --- Toilets: 5 Furnishing: Furnished --- Serviced: Yes Rent: ₦50,000,000 per annum Service Charge: ₦4,000,000 per annum Fees: Agency 10% --- Legal 10% --- Caution 10% Location: The Iconic Towers, Sinari Daranijo Street, Victoria Island (VI), Lagos Interior & Finishing: Fitted Kitchen --- Air Conditioning --- pop Ceiling --- Built-In Wardrobes --- En-suite Bedrooms --- Tiled Floors --- Water Heater --- Guest Toilet Power & Utilities: 24/7 Power Supply --- Prepaid Meter --- Standby Generator --- Borehole --- Treated Water --- High-Speed Internet/WiFi Security: Security Gate --- Perimeter Fencing --- Electric Fence --- Burglar Proof --- CCTV --- Security/Gateman --- Intercom --- Fire Safety Outdoor & Communal: Swimming Pool --- Landscaped Garden --- Boys' Quarters --- Car Park --- Balcony --- Outdoor Lighting --- Elevator --- Gym NPC Comparable Context (VI 4-bedroom rentals): 3-bedroom furnished, Oniru VI --- ₦22,000,000/annum Standard luxury 4-bedroom furnished, VI --- ₦25,000,000--₦30,000,000/annum 4-bedroom upper floor, 1004 Estate, lagoon view --- ₦40,000,000/annum 4-bedroom, VI, ultra-premium w/ conference hall & restaurant --- ₦200,000,000/annum This listing: 4-bedroom penthouse w/ BQ, The Iconic Towers --- ₦50,000,000/annum Posted: 4 August 2026 Listed by: Smilebay Realties Limited --- Ref: #360-400-5
Sinari Daranijo, Victoria Island (VI), Lagos
4 beds
4 baths
Premium
1
₦4,800,000,000per plot
Mixed-use land for sale
900 SQMS Land
Banana Island, Ikoyi. Corner Piece. 900 SQM. Mixed-Use Zone. ₦4,800,000,000. Confirm the Title Before You Confirm Anything Else. This Is Priced Like Banana Island's Strongest Title Tier --- Verify That It Actually Is. The problem There's a category of Banana Island land listing that prices itself at the top of the market without stating the one detail that justifies being there --- the title instrument. Corner-piece plots in Banana Island's mixed-use zone currently trade across a real range: standard Lagos State C of O land around ₦3,700,000 to ₦4,300,000 per sqm, and Federal C of O land --- the stronger, more institutionally recognized title --- commanding ₦4,500,000 to ₦5,500,000 per sqm. A near-identical comparable, also 900sqm, also a corner piece in the mixed-use zone, is listed elsewhere at ₦5,000,000,000, with its title simply described as "Lagos Title" --- itself a vague term that doesn't confirm Federal versus State C of O either. This listing is 900sqm, corner piece, mixed-use zone, ₦4,800,000,000 --- approximately ₦5,333,000/sqm. That rate sits inside the Federal C of O premium tier. Whether this specific plot actually carries that title is the first thing a serious buyer needs answered, not assumed. The agitation Here's why the title question isn't a formality on Banana Island specifically. A Federal Certificate of Occupancy and a Lagos State Certificate of Occupancy are not interchangeable in strength or in how the market prices them --- the comparable data above shows a genuine, consistent gap of roughly ₦800,000 to ₦1,000,000 per sqm between the two tiers on nearly identical corner-piece plots in the same mixed-use zone. Paying Federal C of O-tier pricing for land that turns out to carry a Lagos State C of O, or an unperfected title requiring further registration, means overpaying by a material margin on a 900sqm parcel --- potentially several hundred million naira. This isn't a reason to walk away from the listing. It's a reason to ask one direct question before responding to anything else in the description: which specific title instrument does this plot carry, and can it be verified against the original allocation documents before an offer is made. The solution 900 square metres, corner piece, mixed-use zone, Banana Island, Ikoyi. ₦4,800,000,000. Title to be confirmed directly with the agent. Here is what's genuinely verified and what needs confirming: Verified: Banana Island address. No serious buyer needs to be sold on the address itself --- it remains Lagos's most consistently valuable and demand-constrained residential and mixed-use enclave, with land supply that doesn't expand. Verified: Corner-piece positioning in the mixed-use zone. Corner plots typically command a premium over mid-block plots due to dual road frontage and greater design flexibility for a mixed-use development --- consistent with why this listing and its closest comparable both carry premium pricing. Verified: 900sqm. A workable footprint for a mixed-use residential-commercial development, consistent with what's trading elsewhere in the same zone. Unconfirmed: title instrument. This is the single most important verification step before proceeding. Request written confirmation of whether this is a Federal C of O, Lagos State C of O, or another instrument, and request the original documentation for independent solicitor review. Why this beats going in without asking. A buyer who confirms Federal C of O title gets a defensible, market-consistent price at the top of Banana Island's corner-piece range. A buyer who discovers a weaker title after the fact has overpaid relative to the comparable market --- the ₦800,000,000 to ₦1,000,000 per sqm gap between title tiers on comparable plots. The call to action 900sqm. Banana Island, Ikoyi. Corner piece, mixed-use zone. ₦4,800,000,000. Title requires direct confirmation. Call or WhatsApp Smilebay Realties: +234 901 517 4801 and ask specifically: what is the confirmed title instrument, and is documentation available for immediate solicitor review? Serious inquiries only. Do not proceed to a site visit or offer until title is confirmed in writing. The address is already Banana Island --- that part isn't in question. The corner position is already stated --- that part checks out. The title is the one line this listing left blank, and it's the line worth the most. Land Type: Mixed-use Land (Corner Piece) Size: 900 sqm Price: ₦4,800,000,000 Title: Not stated in listing --- confirm directly with agent before proceeding Location: Banana Island, Ikoyi, Lagos Market Comparable Context (Banana Island mixed-use corner-piece land): 900sqm corner piece, mixed-use zone, Banana Island --- ₦5,000,000,000 ("Lagos Title," unspecified) 1,000sqm, mixed-use, Lagos State title --- ₦3,700,000/sqm 2,025sqm corner piece, Federal C of O --- ₦4,500,000/sqm 500sqm, Federal C of O --- ₦5,000,000/sqm 850sqm waterfront, Federal Governor's Consent --- ₦5,500,000/sqm This listing: 900sqm corner piece, mixed-use zone --- ₦4,800,000,000 Posted: 15 August 2026 Listed by: Smilebay Realties Limited --- Ref: #362-387-5
Banana Island, Ikoyi, Lagos
Premium
1
₦3,000,000per sq.m
Mixed-use land for sale
16,560 Prime Mixed Use Land
Ahmadu Bello Way, Opposite Eko Atlantic City's Gate. Victoria Island. 16,560 SQM. ₦3,000,000 per SQM. ₦49,680,000,000 Total. Vacant Land. Institutional Scale. This Is Not a Plot. This Is a Master-Planned District's Worth of Frontage. The problem There is a category of Lagos land transaction that exists on a different scale entirely from almost everything else on the market --- parcels large enough to anchor a genuinely institutional development: a mixed-use district, a landmark tower complex, a master-planned scheme with its own internal roads and phasing. That scale of land does not appear often on Ahmadu Bello Way, or anywhere else on Victoria Island. Most listings on this corridor --- even the "large" ones --- top out at 2,000 to 5,000sqm, enough for a single building, not a district. A parcel at 16,560sqm, on a primary VI road, opposite the entrance to Eko Atlantic City itself, is the kind of holding that gets absorbed by a sovereign fund, a major reit, or a developer with a master-plan mandate --- not assembled piecemeal from smaller plots. This listing is that parcel. 16,560sqm, vacant, Ahmadu Bello Way, opposite Eko Atlantic's gate, ₦3,000,000/sqm. The agitation Here's what makes the pricing on this specific corridor unusually easy to verify. A smaller 5,000sqm parcel, also vacant, also on Ahmadu Bello Way, opposite the same Eko Atlantic gate, is separately listed at the identical rate --- ₦3,000,000/sqm. A 2,800sqm parcel further along the same road, with an existing office structure and Federal C of O, trades at roughly ₦3,214,000/sqm --- a premium explained entirely by the improved structure, not the land value. A 2,500sqm fenced bareland comparable elsewhere on VI sits lower, at ₦2,500,000/sqm, reflecting its distance from this specific corridor. Adjacent Adeola Odeku commercial land trades at ₦3,200,000/sqm. What this tells a serious buyer is that ₦3,000,000/sqm is not a negotiable asking price invented for this listing --- it's the consistent, verified going rate for vacant Ahmadu Bello Way land opposite Eko Atlantic, repeated across at least two independently listed parcels of different sizes. At 16,560sqm, this listing simply applies that same rate at more than three times the scale of the next-largest comparable on the same road --- the difference being that a buyer here isn't hunting for a second or third contiguous parcel to reach development scale. It's already assembled. The solution 16,560 square metres of vacant land, Ahmadu Bello Way, opposite Eko Atlantic City's gate, Victoria Island. ₦3,000,000 per square metre. ₦49,680,000,000 total. Here is what this parcel delivers: Institutional scale, pre-assembled. At over three times the size of the next comparable vacant parcel on the same road, this land removes the single hardest problem in large-scale Lagos development --- assembling multiple adjacent titles from different sellers into one contiguous, buildable holding. It's already one parcel. Ahmadu Bello Way, opposite Eko Atlantic's gate. The exact corridor identified across this entire series as the handoff point between VI's established commercial core and Eko Atlantic's appreciating coastal district --- benefiting from both the established road's existing infrastructure and the adjacent district's forward momentum. Verified, consistent pricing. ₦3,000,000/sqm matches the independently listed 5,000sqm parcel on the same exact road and gate frontage --- this isn't a one-off asking price, it's the corridor's going rate, applied at scale. Vacant land --- a clean development canvas. No existing structure to demolish, no tenant to wait out, no partial-use complication. A master-plan development can be phased from the ground up exactly as designed. Why this beats the alternatives on the table. Assembling 16,560sqm from smaller Ahmadu Bello Way parcels would mean negotiating with multiple sellers, at prices that could easily exceed ₦3,000,000/sqm once each individual owner recognizes what a buyer is trying to build. This parcel delivers the same scale, at the same verified per-sqm rate as the smaller comparable, from a single seller, in a single transaction. The call to action 16,560sqm. Ahmadu Bello Way, opposite Eko Atlantic's gate. ₦3,000,000/sqm. ₦49,680,000,000 total. Vacant. The buyer for this parcel is a sovereign fund, reit, or major developer with a master-plan mandate --- not a buyer assembling scale one plot at a time. Call or WhatsApp Smilebay Realties: +234 901 517 4801. Title documentation available for immediate solicitor review. Serious institutional inquiries only. The rate is already verified against a comparable parcel on the same road. The scale is already assembled, not scattered across multiple sellers. The only variable left is which fund or developer puts their master plan on it first. Land Type: Mixed-use Land (Vacant) Size: 16,560 sqm Price: ₦3,000,000/sqm --- ₦49,680,000,000 total Location: Ahmadu Bello Way, opposite Eko Atlantic City gate, Victoria Island (VI), Lagos NPC Comparable Context: 5,000sqm, Ahmadu Bello Way, opposite Eko Atlantic gate, vacant --- ₦3,000,000/sqm (identical rate, smaller scale) 2,800sqm, Ahmadu Bello Way, Federal C of O, existing structure --- ≈₦3,214,000/sqm This listing: 16,560sqm, Ahmadu Bello Way --- ₦3,000,000/sqm, ₦49,680,000,000 total Posted: 1 August 2026 Listed by: Smilebay Realties Limited --- Ref: #360-098-3
Ahmadu Bello Way, Victoria Island (VI), Lagos
Premium
1
₦3,000,000,000per plot
Mixed-use land for sale
Prime Mixed Use Land
Samuel Manuwa Street, Victoria Island. 1,470 SQM. ₦3,000,000,000. Certificate of Occupancy. Demolishable Structure Already On Site. This Street Already Has the Comparable Sale. This Is the Better-Priced Twin. The problem There is a category of Victoria Island land that trades quietly and repeatedly on the same street, at nearly identical sizes, without most buyers ever comparing the two side by side. Samuel Manuwa Street is exactly that kind of corridor --- established, residential-and-mixed-use, off Ozumba Mbadiwe, and currently home to more than one 1,470sqm parcel changing hands within months of each other. A serious buyer evaluating land here isn't forming a first impression. They're choosing between two or three nearly identical options, and the difference between them usually comes down to one thing: is the land actually available to build on now, or is someone else's tenancy standing in the way. This listing is 1,470sqm, Samuel Manuwa Street, a demolishable structure already on site, C of O, ₦3,000,000,000. the agitation Here is exactly what else is trading on this same street right now. A separate 1,470sqm parcel on Samuel Manuwa Street, also carrying a demolishable structure --- a 3-bedroom duplex, a 3-bedroom flat, a 2-bedroom flat, a 1-bedroom flat, and boys' quarters --- is listed at ₦2,900,000,000. But that parcel is tenanted until August 2026, meaning a buyer isn't getting immediate access to clear and rebuild; they're inheriting a tenancy first. A separate 1,470sqm built-out parcel at Plot 883 on the same street, with an existing wing of duplex and flats, is priced at ₦2,700,000/sqm --- roughly ₦3,969,000,000 --- reflecting the value of a more developed existing structure. On the nearby Bishop Oluwole corridor, a 2,049sqm C of O parcel is trading at approximately ₦2,196,000/sqm. This listing --- 1,470sqm at ₦3,000,000,000, or roughly ₦2,041,000/sqm --- is priced above the tenanted comparable's per-sqm rate, reflecting a demolishable structure without the tenancy encumbrance holding up construction until 2026. It's priced below both the built-out Plot 883 comparable and the Bishop Oluwole benchmark. For a buyer trying to move on a development timeline sooner rather than later, that combination --- no tenant to wait out, priced below the corridor's upper tier --- is the actual advantage here, not just the headline total. The solution 1,470 square metres of land, Samuel Manuwa Street, Victoria Island. Certificate of Occupancy. A demolishable structure currently on site. ₦3,000,000,000 total. Here is what this parcel delivers: Samuel Manuwa Street, off Ozumba Mbadiwe. An established VI residential-and-mixed-use corridor with multiple recent comparable trades, giving a buyer real, current pricing reference points rather than a single seller's asking price to take on faith. Demolishable structure, no tenancy attached. Unlike the nearest comparable on the same street --- tenanted until August 2026 --- this parcel isn't holding a buyer's construction timeline hostage to someone else's lease. Clear the structure, and build. Certificate of Occupancy. A recognized title instrument, ready for solicitor review. 1,470sqm. A footprint consistent with what's already trading and being redeveloped on this exact street --- proven scale for a residential or mixed-use project. ₦3,000,000,000 --- priced against real, current comparables on the same street. Above the tenanted parcel's per-sqm rate (which reflects its tenancy discount), below the built-out Plot 883 comparable, and below the nearby Bishop Oluwole benchmark. Why this beats the alternatives on the table. The tenanted twin listing on the same street costs slightly less in total, but a buyer there is purchasing a 2026 start date, not a 2026 asset. The built-out Plot 883 comparable costs meaningfully more for existing structures a redevelopment buyer intends to demolish anyway. This is the parcel priced for someone who wants to start now, not later. The call to action 1,470sqm. Samuel Manuwa Street, Victoria Island. ₦3,000,000,000. C of O. Demolishable structure on site. The buyer for this parcel is a developer or investor already comparing it against the tenanted twin listing two doors down --- and choosing the one they can actually start building on immediately. Call or WhatsApp Smilebay Realties: +234 901 517 4801. Title documentation available for immediate solicitor review. Serious inquiries only. The comparable sale on this street is already tenanted until next year. This one isn't waiting on anyone's lease to expire. The only thing left undecided is whose name goes on the C of O. Land Type: Mixed-use Land (with demolishable existing structure) Size: 1,470 sqm Price: ₦3,000,000,000 total (≈₦2,041,000/sqm) Title: Certificate of Occupancy Location: Samuel Manuwa Street, Victoria Island (VI), Lagos NPC Comparable Context: 1,470sqm, Samuel Manuwa St, demolishable structure, tenanted until Aug 2026 --- ₦2,900,000,000 (≈₦1,973,000/sqm) 1,470sqm, Plot 883 Samuel Manuwa St, built-out wing of duplex + flats --- ₦2,700,000/sqm (≈₦3,969,000,000) 2,049sqm, Bishop Oluwole St (nearby corridor), C of O --- ₦4,500,000,000 (≈₦2,196,000/sqm) This listing: 1,470sqm, Samuel Manuwa St --- ₦3,000,000,000 (≈₦2,041,000/sqm) Posted: 1 August 2026 Listed by: Smilebay Realties Limited --- Ref: #360-060-3
Samuel Manuwa Street, Victoria Island (VI), Lagos
Premium
1
$1,800per sq.m
Residential land for sale
2500 SQMS Residential Land
Eko Atlantic City, Victoria Island. Downtown District. 2,500 SQM. $1,800 per SQM. $4,500,000 Total. Protected By an 8.5km Sea Wall Engineered for 1,000-Year Storm Surges. This Is Land Lagos's Flooding Problem Was Built to Never Touch. The problem There is a category of Lagos land buyer who has already accepted a hard truth most of the city hasn't: that flooding and drainage failure on the mainland and even parts of the Island are not occasional inconveniences. They're structural, recurring, and getting worse as sea levels and rainfall intensity both climb. That buyer isn't looking for another plot in a flood-exposed axis with a nice address attached. They're looking for the one part of Lagos that was engineered, from the ground up, specifically to solve that problem --- not manage around it. Eko Atlantic exists because of Lagos's flooding, not despite it. The project's origin traces back to a 2005 government proposal aimed squarely at permanently solving the erosion and flooding crisis at Bar Beach. What got built in response is an 8.5km sea defence --- the "Great Wall of Lagos" --- plus centralized drainage and water treatment systems designed into the city rather than retrofitted onto it. This listing is 2,500sqm in the Downtown District, inside that wall, at $1,800/sqm. The agitation Here's the pricing reality across Eko Atlantic right now, and where this parcel actually sits inside it. Land here is priced in three bands depending on zone: inner-city plots start from roughly $1,250/sqm, major road and boulevard-front plots run from about $2,000/sqm, and oceanfront parcels start north of $3,000/sqm --- with Financial District and Marina land reportedly pushing past $3,000/sqm as those zones near completion. This listing, at $1,800/sqm in Downtown District, sits between the inner-city floor and the boulevard tier --- priced as core Eko Atlantic land, not premium waterfront, and not entry-level either. For comparison, elsewhere on Victoria Island right now: an 8,000sqm waterfront parcel is listed at $12.5M, working out to roughly $1,562/sqm --- cheaper per sqm, but outside the sea wall and exposed to VI's ordinary drainage infrastructure rather than Eko Atlantic's purpose-built system. A 3,500sqm VI parcel is listed at ₦12,250,000,000, which at current exchange rates works out to roughly $2,500--2,600/sqm --- meaningfully more expensive than this Downtown District plot, for land that doesn't carry the same engineered flood protection. The pattern across the wider district is upward. A neighbouring oceanfront zone adjacent to Eko Atlantic has recorded independently verified land appreciation of between 660% and 751% between 2021 and 2026 --- driven specifically by investor demand for flood-protected coastal land as Lagos's broader drainage problems intensify. Eko Atlantic is the original version of that trade. Every month this specific Downtown District entry point remains at $1,800/sqm is a month closer to it repricing toward the boulevard and oceanfront tiers already in motion around it. The solution 2,500 square metres of vacant residential land, Downtown District, Eko Atlantic City, Victoria Island. $1,800 per square metre. $4,500,000 total. Here is what this specific asset delivers: Downtown District location. One of Eko Atlantic's core planned zones, inside the same master-planned infrastructure grid as the Financial District and Marina, without carrying the premium those two zones now command as they approach completion. You're buying into the city's structure at a mid-tier entry point, not its most expensive one. Engineered flood protection, not assumed safety. The Great Wall of Lagos is a documented, 8.5km sea defence structure designed to withstand storm surge conditions rated for a 1,000-year event. Centralized drainage and water treatment systems were built into Eko Atlantic's master plan specifically to eliminate the standing water and open-gutter flooding that affects large parts of Lagos, including some of its most expensive addresses. This is not a claim unique to this listing --- it's the documented premise the entire city was built on. Independent infrastructure. Eko Atlantic operates its own dedicated power generation, meaning residents and developers inside it aren't dependent on the same grid strained across the rest of Lagos. Water treatment is centralized rather than left to individual boreholes. 2,500sqm --- a genuine development footprint. Large enough to support a private residence at the scale this address demands, or a mid-rise development within Eko Atlantic's zoning parameters, without the footprint constraints smaller plots in the district carry. $1,800/sqm --- positioned below the district's premium tiers. At $4.5M total, this parcel is priced below comparable VI land outside the sea wall, and meaningfully below Eko Atlantic's own oceanfront and near-complete Financial District pricing --- the version of this trade available before the district's remaining undeveloped land closes out. Why this beats the alternatives on the table. A cheaper plot outside Eko Atlantic saves money upfront but inherits Lagos's broader drainage exposure --- the exact risk this district's sea wall and internal systems were engineered to remove. A pricier oceanfront or Financial District plot inside Eko Atlantic offers a more prestigious sub-address, but at a per-sqm cost this Downtown District parcel doesn't carry. The call to action 2,500sqm. Downtown District, Eko Atlantic City, Victoria Island. $1,800/sqm. $4,500,000 total. The buyer for this parcel is someone who has already ruled out building or buying in a flood-exposed part of Lagos, and is deciding between Eko Atlantic's remaining Downtown District entry points and its pricier, near-complete oceanfront and Financial District land. Call or WhatsApp Smilebay Realties: +234 901 517 4801. Serious inquiries only. Title and zoning documentation available on request. The wall is already 8.5 kilometres of concrete standing between this land and the water. The drainage is already built underground, not promised for later. The only thing not yet decided is whose name goes on this parcel. Land Type: Residential Land (Vacant) Size: 2,500 sqm Price: $1,800/sqm --- $4,500,000 total (≈₦2,457,907/sqm at posted conversion rate) Location: Downtown District, Eko Atlantic City, Victoria Island (VI), Lagos Flood Protection Context: Eko Atlantic is protected by the Great Wall of Lagos, an 8.5km engineered sea defence rated for 1,000-year storm surge events, with centralized drainage and water treatment built into the city's infrastructure. NPC Comparable Context: 8,000sqm waterfront land, VI (outside Eko Atlantic) --- $12,500,000 (≈$1,562/sqm) 3,500sqm land, VI --- ₦12,250,000,000 (≈$2,500--2,600/sqm) Eko Atlantic district-wide range: inner-city from $1,250/sqm; major roads/boulevards from $2,000/sqm; oceanfront from $3,000/sqm This listing: 2,500sqm, Downtown District, Eko Atlantic --- $1,800/sqm, $4,500,000 total Posted: 26 July 2026 Listed by: Smilebay Realties Limited --- Ref: #359-048-4
Eko Atlantic City, Lagos
Premium
1
₦2,200,000per sq.m
Mixed-use land for sale
2000 SQMS Mixed Use Land
Bishop Oluwole Street. Victoria Island. 2,000 SQM. ₦2,200,000 per SQM. ₦4,400,000,000 Total. Lagos State Certificate of Occupancy. Directly Opposite Eko Atlantic's Gate. This Is the Street the Whole District Is Building Toward. The problem There is a category of Victoria Island land transaction that most brokers advertise loosely and few actually deliver cleanly --- a genuine bareland parcel, on a named A-grade VI street, with a straightforward C of O, priced inside the street's real trading range rather than padded for a buyer who hasn't done their homework. Bishop Oluwole Street is one of the most actively traded land corridors on the island --- sitting directly opposite Eko Atlantic City's entrance, on the same axis as Ahmadu Bello Way and within reach of the Adeola Odeku commercial belt. Because of that position, it's also one of the most inconsistently priced streets in VI, with asking prices from different sellers ranging from ₦1.5M/sqm distress listings to ₦2.5M/sqm Governor's Consent parcels --- a spread wide enough that a buyer who doesn't check the actual comparable trades can easily overpay or misjudge a genuine deal as inflated. This listing removes that guesswork. 2,000sqm, Bishop Oluwole Street, Lagos State C of O, ₦2,200,000/sqm. The agitation Here is what the real, currently active comparable market on this exact street shows. Multiple bareland parcels of similar size on Bishop Oluwole Street are trading at ₦2,000,000/sqm with a standard C of O. A premium commercial parcel on the same street, also 2,000sqm, is listed at ₦2,400,000/sqm --- ₦4.8 billion total --- marketed specifically on its proximity to the financial district, embassies, and Eko Atlantic. A separate 2,000sqm parcel on the same street, with Governor's Consent already secured, is asking ₦2,500,000/sqm. Nearby, commercial land along Adeola Odeku --- a short distance from this street --- has traded at ₦3,200,000/sqm. This listing --- 2,000sqm, Bishop Oluwole Street, ₦2,200,000/sqm --- sits precisely between the standard ₦2,000,000/sqm bareland trades and the ₦2,400,000/sqm premium commercial comparable on the same street. It's priced above the basic entry point, reflecting real demand on this corridor, and below the premium tier and the Adeola Odeku benchmark --- without requiring the buyer to negotiate a Governor's Consent upgrade themselves, since the title here is already Lagos State C of O. Every week this parcel sits unsold at this price is a week closer to it trading toward the ₦2,400,000--2,500,000/sqm tier already active on the same street. The solution 2,000 square metres of vacant land, Bishop Oluwole Street, Victoria Island. Lagos State Certificate of Occupancy. ₦2,200,000 per square metre. ₦4,400,000,000 total. Here is what this parcel delivers: Bishop Oluwole Street position. Directly opposite Eko Atlantic City's entrance gate, on the same corridor as Ahmadu Bello Way, minutes from the Adeola Odeku commercial cluster. This is not a street building its reputation --- it's one already carrying it, evidenced by the range of active premium and standard trades happening on it simultaneously. Lagos State Certificate of Occupancy. A straightforward, recognized title instrument, ready for solicitor review, without the added step of a family-grant C of O requiring further verification or a Governor's Consent application still pending. 2,000sqm mixed-use footprint. Sized appropriately for a high-rise commercial or mixed residential-commercial development, consistent with what's already being built and traded on this exact street. ₦2,200,000/sqm --- positioned inside the real trading range, not above it. Priced above the basic bareland comparables on the same street, reflecting genuine demand, and below both the premium commercial parcel and the Adeola Odeku benchmark nearby. Why this beats the alternatives on the table. The ₦2,000,000/sqm comparables on this street are priced lower, but several are distress sales or lack the same immediate C of O clarity. The ₦2,400,000--2,500,000/sqm comparables cost more for a marginally stronger title position or marketing angle this parcel already effectively matches through its C of O and location. This is the mid-market, clean-title entry point on a street where both the floor and ceiling of pricing are already well established. The call to action 2,000sqm. Bishop Oluwole Street, Victoria Island. ₦2,200,000/sqm. ₦4,400,000,000 total. Lagos State C of O. The buyer for this parcel is a developer or investor who has already priced the Bishop Oluwole corridor against its real comparables --- not someone forming a first impression of VI land. Call or WhatsApp Smilebay Realties: +234 901 517 4801. Title documentation available for immediate solicitor review. Site visit arrangeable this week. The street is already active. The comparables are already trading. The only open question is which parcel on it carries your name. Land Type: Mixed-use Land (Vacant) Size: 2,000 sqm Price: ₦2,200,000/sqm --- ₦4,400,000,000 total Title: Lagos State Certificate of Occupancy Location: Bishop Oluwole Street, Victoria Island (VI), Lagos --- directly opposite Eko Atlantic City's entrance gate NPC Comparable Context (Bishop Oluwole Street & adjacent VI corridor): 2,000sqm bareland, Bishop Oluwole St --- ₦2,000,000/sqm (multiple active listings) 2,000sqm commercial, Bishop Oluwole St, premium C of O --- ₦2,400,000/sqm (₦4.8B total) 2,000sqm, Bishop Oluwole St, Governor's Consent --- ₦2,500,000/sqm 4,349sqm commercial, Adeola Odeku (adjacent corridor) --- ₦3,200,000/sqm This listing: 2,000sqm, Bishop Oluwole St --- ₦2,200,000/sqm, ₦4,400,000,000 total Posted: 26 July 2026 Listed by: Smilebay Realties Limited --- Ref: #359-048-3
Bishop Oluwole, Victoria Island (VI), Lagos
Premium
1
₦3,000,000per sq.m
Mixed-use land for sale
5000 SQMS Mixed Use Land
Ahmadu Bello Way. Victoria Island. Opposite Eko Atlantic's Gate. 5,000 SQM. ₦3,000,000 per SQM. ₦15,000,000,000 Total. Certificate of Occupancy. Larger Sizes Available. This Is the Corridor Where VI's Old Money Meets Eko Atlantic's New Money. The problem There is a category of Victoria Island land that rarely comes to market at genuine scale --- not 900sqm, not 2,000sqm, but a 5,000sqm parcel large enough to anchor a serious commercial or mixed-use development, sitting directly on Ahmadu Bello Way, opposite the entrance to Eko Atlantic City itself. Most VI land offered at this size is either landlocked away from a primary road, split across non-contiguous titles, or priced without regard to what's actually trading on the same corridor. Ahmadu Bello Way is one of VI's original arterial roads --- predating Eko Atlantic, running alongside it, and now positioned as the direct handoff point between the island's established commercial core and the new coastal city rising beside it. This listing is 5,000sqm on that road, C of O, ₦3,000,000/sqm --- with larger contiguous sizes available for a buyer whose development plan needs more. The agitation Here's what the comparable market on and around Ahmadu Bello Way actually shows. A 2,800sqm parcel on Ahmadu Bello Way, carrying a Federal C of O and an existing office structure, is listed at ₦9,000,000,000 --- working out to roughly ₦3,214,000/sqm. A fenced 2,500sqm bareland parcel elsewhere on VI is listed at ₦6,250,000,000, or ₦2,500,000/sqm. Commercial land on the adjacent Adeola Odeku corridor has traded at ₦3,200,000/sqm. This listing --- 5,000sqm, Ahmadu Bello Way, opposite Eko Atlantic's gate, ₦3,000,000/sqm --- sits just below the improved Ahmadu Bello Way comparable (which carries the premium of an existing structure and Federal-grade title) and above the fenced bareland comparable elsewhere on the island. That's the correct position for bare land, at scale, on one of VI's most direct routes into Eko Atlantic. What the pricing doesn't fully capture yet is the corridor effect. Ahmadu Bello Way's value proposition has shifted since Eko Atlantic broke ground --- it is no longer simply an old VI arterial road, it is the entry corridor to a city that's pricing its own internal land at $1,250 to over $3,000 per sqm and appreciating fast. Every month this parcel remains unsold, it does so on a road whose relevance to the adjacent, appreciating district only grows. The solution 5,000 square metres of vacant land, Ahmadu Bello Way, opposite Eko Atlantic City's gate, Victoria Island. Certificate of Occupancy. ₦3,000,000 per square metre. ₦15,000,000,000 total. Larger contiguous sizes available. Here is what this parcel delivers: Ahmadu Bello Way position, opposite Eko Atlantic's gate. A primary VI arterial road that now also functions as the direct approach to Lagos's most actively appreciating coastal district. This address benefits from both VI's established commercial density and Eko Atlantic's forward momentum, without being priced at Eko Atlantic's internal oceanfront rates. 5,000sqm --- genuine development scale. Large enough to anchor a commercial tower, a mixed-use development, or an institutional-grade project, without the footprint constraints of the smaller 900--2,000sqm parcels that dominate most VI land listings. Larger sizes available. For a developer or family office whose plan requires more than 5,000sqm, this listing extends --- a rare scaling option on a corridor where most available parcels are fixed and non-negotiable in size. Certificate of Occupancy. A recognized title instrument ready for solicitor review, positioning this parcel for straightforward due diligence rather than a title chain requiring reconstruction. ₦3,000,000/sqm --- priced against the corridor's real comparables. Below the improved Ahmadu Bello Way parcel with its existing structure and Federal C of O premium, above the fenced bareland comparable elsewhere on the island, and in line with the adjacent Adeola Odeku commercial benchmark. Why this beats the alternatives on the table. Smaller VI parcels elsewhere cost less in total but cap what can be built. Land inside Eko Atlantic itself, at the Financial District or Marina rates now exceeding $3,000/sqm, costs meaningfully more per sqm for a comparable development outcome. This parcel sits at the handoff point between the two --- VI-grade C of O, Eko Atlantic-adjacent momentum, at a scale few sellers on this corridor can currently match. The call to action 5,000sqm. Ahmadu Bello Way, opposite Eko Atlantic's gate. ₦3,000,000/sqm. ₦15,000,000,000 total. C of O. Larger sizes available. The buyer for this parcel is a developer or institution planning at genuine scale on one of VI's primary corridors --- not evaluating VI land for the first time. Call or WhatsApp Smilebay Realties: +234 901 517 4801. Title documentation available for immediate solicitor review. Ask about larger contiguous sizes. The road already runs straight to Eko Atlantic's gate. The scale is already available if your plan needs more. The only variable left is whose name goes on the C of O. Land Type: Mixed-use/Residential Land (Vacant) Size: 5,000 sqm (larger contiguous sizes available) Price: ₦3,000,000/sqm --- ₦15,000,000,000 total Title: Certificate of Occupancy Location: Ahmadu Bello Way, opposite Eko Atlantic City gate, Victoria Island (VI), Lagos NPC Comparable Context: 2,800sqm, Ahmadu Bello Way, Federal C of O, existing office structure --- ₦9,000,000,000 (≈₦3,214,000/sqm) 2,500sqm fenced bareland, VI --- ₦6,250,000,000 (₦2,500,000/sqm) Commercial land, Adeola Odeku (adjacent corridor) --- ₦3,200,000/sqm This listing: 5,000sqm, Ahmadu Bello Way --- ₦3,000,000/sqm, ₦15,000,000,000 total Posted: 26 July 2026 Listed by: Smilebay Realties Limited --- Ref: #359-047-9
Ahmadu Bello Way, Victoria Island (VI), Lagos
Premium
1
₦15,728,000,000
Mixed-use land joint venture
3, 932 SQMS Mixed Use Land
Glover Road, Ikoyi. 3,932 SQM. Joint Venture. Planning Approved. Piling Already Completed. ₦4,000,000/SQM. No Premium. This Is Not Raw Land. This Is a Site That Has Already Cleared the Slowest Part of the Process. The problem There is a category of Lagos high-rise development conversation that most JV listings never actually reach --- the stage where planning approval is secured and the foundation work has already started. Most JV land offered to developers in Ikoyi is still theoretical. Survey pending. Approval pending. Premium undisclosed until a contractor has already spent weeks in negotiation. The genuine bottleneck for a high-rise contractor isn't finding land in Ikoyi --- it's finding land where the 12-to-18-month approval cycle has already been absorbed by someone else, and where the ground has already been tested and piled. This listing is that site. 3,932sqm on Glover Road, Ikoyi. Lagos C of O. Planning already approved for a 17-floor block of flats. Piling already completed. No premium attached to the land value. The question for a serious high-rise contractor isn't whether Ikoyi land is worth developing. It's whether this specific site --- already de-risked at the two stages that kill most JV timelines --- is worth committing to before another contractor closes it. The agitation Here is what the comparable market shows right now. A near-identical 3,900sqm parcel elsewhere in Ikoyi, also carrying an approved 17-storey high-rise development, is currently listed at ₦15,600,000,000 --- effectively the same size, the same approval status, priced at roughly ₦4M/sqm once premium and terms are factored in. A separate comparable, also close to 3,932sqm in a high-profile Ikoyi location, has been marketed as "closeable" at ₦15,728,000,000. This listing --- 3,932sqm at ₦4,000,000/sqm, no premium --- works out to approximately ₦15,728,000,000 in total land value, placing it directly inside the range both comparables above are asking for. The difference is what this listing has that a purely land-value comparison doesn't show: piling is already completed. On a 17-floor high-rise, piling is not a minor milestone --- it's the geotechnical and structural foundation work that typically consumes months of a project timeline and carries real risk if soil conditions turn out to be difficult. That risk has already been absorbed here. Every month a qualified high-rise contractor spends evaluating a still-theoretical JV elsewhere in Ikoyi is a month this site's timeline advantage compounds. Approval delays are the single most common reason Lagos high-rise JVs stall before a foundation is even poured. This one has already cleared that stage. The solution 3,932 square metres, mixed-use land, Glover Road, Ikoyi. Lagos State Certificate of Occupancy. ₦4,000,000 per sqm, no premium. Planning approved for a 17-floor block of flats. Piling completed. Survey available. Here is what each element actually delivers to the contractor evaluating this deal: Planning approval already secured. The single longest and most unpredictable phase of a Lagos high-rise JV --- Lagos State Physical Planning Permit approval for a 17-floor structure --- has already been obtained. A contractor stepping into this deal is not waiting 12-18 months before construction can legally begin. They are stepping in at the construction phase. Piling already completed. The geotechnical risk on a 17-floor structure is real and expensive to get wrong. Piling completion means the foundation engineering has already been tested against the actual soil conditions on this specific site --- not modeled from a neighbouring parcel's data. This removes a major source of budget and timeline uncertainty before the JV contract is even signed. No premium. The land value is the land value --- ₦4,000,000/sqm, disclosed upfront. No separate negotiation over a premium figure layered on top after due diligence has already consumed time and cost. Glover Road, Ikoyi. A residential and mixed-use street inside the same Ikoyi core that includes Bourdillon, Alexander, and Awolowo Road --- established infrastructure, established demand, not a developing axis with unproven absorption. Lagos State C of O, survey available. Title documentation ready for immediate solicitor review --- a straightforward due diligence process rather than a title chain requiring reconstruction. Why this beats the alternative JV sites currently on the market. The two closest comparable parcels --- both around 3,900sqm with a 17-storey approval --- are asking a similar or higher total land value without disclosing whether piling has been completed. A contractor evaluating those sites is still pricing in the foundation-stage risk this listing has already removed. At the same approximate land value, this is the site with less remaining execution risk. The call to action 3,932sqm. Glover Road, Ikoyi. ₦4,000,000/sqm. No premium. Approved 17-floor block of flats. Piling completed. This is not an offer for a corporate professional looking to buy a home. This is a JV slot for a high-rise contractor or developer with proven capacity to take a piled, approved site to completion. Call or WhatsApp Smilebay Realties: +234 901 517 4801. Serious high-rise contractors only. Survey and approval documentation available for immediate review. The approval is already granted. The piling is already done. The part of this project that usually takes a year has already happened. Land Type: Mixed-use Land --- Joint Venture Size: 3,932 sqm Land Value: ₦4,000,000/sqm (estimated market rate) Premium: Nil Title: Lagos State Certificate of Occupancy (C of O) Survey: Available Owner's Development Preference: 17-floor block of flats Planning Approval: Approved Current Status: Piling completed Contractors Preferred: Experienced high-rise contractors Agency Fee: 10% Location: Glover Road, Ikoyi, Lagos NPC Comparable Context: 3,900sqm parcel, Ikoyi, approved 17-storey high-rise --- ₦15,600,000,000 Closeable ~3,932sqm parcel, high-profile Ikoyi location --- ₦15,728,000,000 This listing: 3,932sqm, Glover Road, Ikoyi, approved + piled --- approx. ₦15,728,000,000 (₦4,000,000/sqm, no premium) Posted: 25 July 2026 Listed by: Smilebay Realties Limited --- Ref: #358-895-3
Glover Road Ikoyi, Ikoyi, Lagos
Featured
8
₦130,000,000
Terraced duplex for sale
2 Bedroom Smart Terrace
The headline Orchid Road Axis. Chevron Toll Gate Enclave, Lekki Corridor. 165 sqm Total Built Footprint. Residential / High-Density Smart Zoning. Global Certificate of Occupancy (C of O) with Root Governor's Consent. ₦130,000,000 Total (All-Inclusive Corporate Liquidation Pricing). A vertically optimized, fully automated yield engine designed to capture the structural rental demand generated by Chevron's nearby corporate headquarters and tech hubs. The problem The middle-tier executive housing market along the Lekki peninsula is plagued by a severe structural imbalance. The specific category of asset that corporate procurement officers and high-yield real estate syndicates actively seek---a fully completed, automated 2-bedroom footprint under ₦150,000,000---faces an acute supply deficit. While peripheral developments continue to expand outward past the second toll plaza, secure enclaves in the immediate Chevron micro-pocket rarely release newly built inventory to the public. Land allocations along Orchid Road are heavily guarded by institutional syndicates who understand that this corridor services the massive white-collar workforce of the multinational energy sector. When premium, smart-enabled terrace units become available here, they are typically absorbed in bundles by institutional funds for corporate housing pools. This listing represents an immediate break in that gatekept pipeline, exposing a completed asset directly to strategic retail capital. The agitation To evaluate this asset accurately, you must study the micro-corridor through a strict logistical and financial lens. According to recent Nigeria Property Centre (NPC) and offline transaction registries, generic 2-bedroom apartments deeper inside the traditional residential cores of Lekki Phase 1 are clearing at an average of ₦180,000,000 to ₦220,000,000. However, those older units lack vertical autonomy, suffer from legacy utility architectures, and yield inferior net cap rates due to higher baseline maintenance overheads. Conversely, speculative off-plan terraces located further down the Lekki-Epe Expressway past Ikota are asking ₦115,000,000 to ₦125,000,000. Those fringe properties expose an investor's capital to multi-year construction delays, severe currency fluctuation risks, and a significantly lower tier of localized rental demand. At ₦130,000,000 for a brand-new, fully completed 165 sqm built footprint, this property evaluates at an efficient ₦787,878 per square meter. It matches peripheral pricing while securing a high-yield position inside an insulated estate directly on the Chevron toll axis. The entry window is closing rapidly. As the corporate offices surrounding the toll gate expand their hybrid-work frameworks, automated properties on this immediate border are projected to see immediate rental yield adjustments, permanently removing sub-₦140M entry points for move-in-ready smart assets. The solution 1. The Micro-Location Analytics a spatial map analysis reveals that this asset sits directly inside the high-value commercial catchment zone of the Chevron Nigeria headquarters. The property features instantaneous proximity linkages to major multi-national office clusters, premium healthcare nodes, and institutional retail centers. From a transit perspective, Orchid Road provides direct access loops to the Lekki-Epe Expressway, allowing drivers to utilize alternative bypass lanes to avoid the peak-hour bottlenecks at the main Chevron roundabout. Your asset does not compete with generic real estate across Lagos; its market value is directly anchored to the immediate, high-security residential enclaves flanking it. 2. The Development / Spatial Footprint The 165 sqm total built footprint is optimized for high-density vertical efficiency. The 2-bedroom terrace layout provides complete structural autonomy, giving tenants dedicated multi-level living spaces without common-wall sound leakage from upper floors. The interior layout features fully en-suite bedrooms, custom built-in wardrobes, a modern pop ceiling configuration, integrated water heaters, and a fully fitted kitchen equipped with a built-in oven and premium accessories. The physical layout is perfectly calibrated for immediate, high-occupancy corporate short-lets or stable, long-term expatriate leasing. 3. The Zoning/Layout Multiplier The asset benefits from a smart-residential zoning matrix within a secured, infrastructure-managed estate. The entire unit operates on an integrated home-automation framework, giving tenants full control over security, lighting, and internal environments. This smart layout acts as an immediate financial multiplier. Automated properties in this specific micro-pocket command a documented 22% rental premium over neighboring legacy units, attracting high-earning tech and oil-sector professionals who demand decentralized operational tech and low-overhead maintenance. 4. The Legal Title Architecture The legal foundation of this transaction is unassailable and structured for immediate solicitor verification. The asset is backed by an undisputed Global Certificate of Occupancy (C of O) with a fully registered, clean chain of Governor's Consent. The title chain originates cleanly from the state allocation and contains no hidden liens, probate disputes, or local community encumbrances (Omo-Onile). The valid conveyance instruments, including the original Deed of Assignment and approved survey plans, are compiled and ready for immediate, rigorous cross-examination by your legal counsel. 5. The Urban Engineering & Flood Profile From an environmental and engineering standpoint, this estate is designed to rigorous infrastructure standards. A terrain and elevation analysis confirms that this specific pocket sits on an engineered, sand-filled plane with an active incline draining into primary municipal storm channels. The property is supported by a robust utility framework, featuring a dedicated estate transformer, a central generator powerhouse ensuring 24/7 power supply, a dedicated prepaid meter, and an industrial-grade borehole backed by an advanced on-site water treatment plant. Security redundancy is absolute, managed via a secured gatehouse, uniform perimeter fencing, an active electric fence, and full CCTV surveillance alongside premium lifestyle amenities including a gym, swimming pool, estate club house, and children's play area. Corporate Guarantee: Our firm enforces a clinical asset-selection standard. We do not list, inventory, or broker properties located in flood-vulnerable, structurally compromised, or legally contaminated micro-pockets. This asset has been rigorously audited against these engineering and environmental baselines before being approved for market placement.
Chevron RHS, Lekki, Lagos
2 beds
2 baths
Showing 21–40 of 49 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.
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