Nigeria Property Centre

Serviced Flats on Ozumba Mbadiwe Road, Victoria Island (VI), Lagos

There are 12 flats for sale and rent in Victoria Island (VI). Every listing is posted by an estate agent or developer you can contact directly — filter by price, type, furnishing and recency to find the right home.

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2-Bedroom Fully Serviced Apartment
Premium
2
₦500,000,000

Flat / apartment for sale

2-Bedroom Fully Serviced Apartment

You Have the Title. The Salary. The Respect at Work. So Why Are You Still Begging Lagos for Peace? The problem It's Thursday evening. You just wrapped a back-to-back day. Two board presentations. One escalation call you didn't see coming. A sprint review that ran 45 minutes over. You leave the office at 7:15 PM thinking you might catch dinner at home. You won't. You're on Adeola Odeku, then Ozumba Mbadiwe, then --- nothing. A standstill. Okada horns. Bus fumes baking in the heat. Your Uber driver is sighing. Your collar is damp. You have 11 unread WhatsApps and zero energy to open any of them. You finally get in at 9:40 PM. Your spouse is already in bed. Your child didn't wait up. You eat alone. You scroll. You sleep. You wake up and do it again. This isn't a rough patch. This is the structure of your life. The agitation The brutal part? You are not a struggling person. Your account looks fine. Your designation is senior. Your company car is clean. People call you for advice. But you are still renting. Which means someone else --- your landlord, who likely earns a fraction of what you earn --- is deciding the terms of your life. He decides what gets fixed and when. He decides when the rent goes up. He decided, two Novembers ago, to add a new "estate development levy" to your renewal and you paid it because you had no choice. Your last rent was ₦7 million per year. Before that it was ₦4.5 million. Before that, ₦3 million. You have been paying this man --- one who does not work your hours, does not carry your pressure, does not sit in your traffic --- more money every single year. With nothing to show for it on your balance sheet. Meanwhile, your colleague who bought on VI four years ago is sitting on an asset that has nearly doubled. He is not smarter than you. He just stopped renting sooner. Every month you wait is a month you fund someone else's equity. The solution This apartment on Ajose Adeogun Street, Victoria Island is not a property. It is the restructuring of your entire daily life. Here is what changes the moment you own it: Your commute ends. Ajose Adeogun sits in the heart of VI. Your office, your bank, your biggest client --- all within 5 to 15 minutes. The hours you bleed daily on the road? You get them back. That is time with your family. That is sleep. That is clarity you haven't had in years. No landlord. No lease. No renewal negotiation. Nobody knocks on your door unannounced. Nobody sends you a letter in October telling you what your home will cost next year. You own it. The conversation is over. It is fully serviced. That means estate management is handled. The common areas, the facilities, the infrastructure --- maintained. You are not moving into someone else's problem. You are moving into a system that works. It is fully fitted and finished. Move-in ready. Not a project. Not "almost done." Done. Your time is too valuable for construction drama. Two bedrooms. Two bathrooms. Three toilets. Room to breathe. Room for your child. Room for a guest. Space that reflects who you actually are --- not who your rent budget forced you to become. The title documents are clean and available for due diligence. No stories. No family land disputes. No pending litigation. The paperwork is ready. You verify, you proceed. The address is its own insurance. Ajose Adeogun, Victoria Island. This corridor does not lose value. It absorbs naira inflation. It commands rental income. If you ever choose to let it, this apartment earns rental returns that will make the purchase price look conservative within a few years. The ask: ₦500,000,000. Clean. Documented. Serviced. Ready. The call to action This is a short conversation for a specific kind of person. Not someone browsing. Not someone who will "think about it" for eight months while rent counts up. This is for the senior professional who is genuinely done --- who has the capital or the financing structure and wants to move with information, not emotion. If that is you, reach out to Smilebay Realties directly. One call. One viewing. You will walk in and know within ten minutes whether this is the decision you've been delaying for too long. Call or WhatsApp: +234 901 517 4801 Because the only thing more expensive than this apartment is another three years of paying rent on someone else's asset while yours stays at zero. 2 Bedrooms 2 Bathrooms 3 Toilets Fully Serviced Clean Title Documents Available Ajose Adeogun Street, Victoria Island, Lagos Ref: 3474749 Listed by Smilebay Realties Limited

Anode Adeogun, Victoria Island (VI), Lagos
2 Beds 2 Baths 3 Toilets
Smilebay Realties Limited
Well Maintained 3 Bedrooms with BQ
Premium
6
₦16,000,000 /yr

Flat / apartment for rent

Well Maintained 3 Bedrooms with BQ

Here's a qualified short rental brief for your listing --- qualified rental brief property type: 3 Bedroom Apartment + BQ status: To Let 1. headline Luxury 3 Bedroom Apartment + BQ To Let _Located in Oniru Estate, Victoria Island_ 2. location Oniru Estate, Victoria Island, Lagos - Prime waterfront estate - 5 mins to Eko Atlantic, 10 mins to Ozumba Mbadiwe - Gated, secured and serene environment - Close to malls, restaurants, and business hubs 3. Property Features - 3 Spacious Bedrooms - All ensuite - Living & Dining Area - Spacious and well-lit - Modern Kitchen - Fitted with cabinets - Guest Toilet - BQ - 1 Bedroom, self-contained - Estate Amenities: 24/7 Security, Power, Water, Paved Roads, Parking 4. financial terms Rent: ₦16,000,000 per annum Service Charge: ₦1,000,000 per annum Caution Deposit: 10% Agency Fee: 10% Legal Fee: 10% 5. Call to action For inspection and more details, contact: [Your Name] [Your Phone] [Your Company] _Serious inquiries only. Available for immediate move-in._ --- bonus: Short version for whatsapp / Property Groups to Let 3 bedroom apartment + BQ location: Oniru Estate, Victoria Island features: All Ensuite, Spacious, BQ, Secured Estate rent: ₦16M/Year service charge: ₦1M/Year other charges: Caution 10% Agency 10% Legal 10% RF LLC

Oniru Estate, Oniru, Victoria Island (VI), Lagos
3 Beds 3 Baths 4 Toilets 3 Parking
Able God Properties
Luxury Fully Serviced High Rise Building of 1 Bedroom Apartment
Premium
6 Video
₦350,000,000

Flat / apartment for sale

Luxury Fully Serviced High Rise Building of 1 Bedroom Apartment

Luxury Fully Serviced and Self Sufficient High Rise Building of 1 Bedroom Apartment with Premium Finishing. Location: Ozumba Mbadiwe, Victoria Island. Price: 1 bedroom: $255k (N350m) Flexible Payment Plan Available!!! Initial deposit: N25% Balance spread across 12months!! Amenities: - All Rooms En-suite - ⁠Fully Equipped Kitchen with Modern Appliances - ⁠Fitted Wardrobes - ⁠Fitted Bathroom - ⁠Visitor's Toilet - ⁠Gymnasium - ⁠Swimming Pool - ⁠Spa - ⁠Central Air Conditioning - ⁠Concierge and Door Man - ⁠Open Terraces - ⁠Outdoor Bar - ⁠Relaxation Area - ⁠Massage Room - ⁠Games Room - ⁠Sewage & Waste Treatment - ⁠Water Reticulation - ⁠Power Backup - ⁠Elevator - ⁠Shopping Mart - ⁠Serene and Secure Neighborhood Et al For Enquiries +2348136819211 +2348183203371 ️‪+2349012874123‬ [email protected] Or visit our website for more information; www.orchardlodgeproperties.com Follow for more real estate listings; @orchardlodge.properties @orchardlodgelands_

Ozumba Mbadiwe, Victoria Island (VI), Lagos
1 Beds 1 Baths 2 Toilets
Orchard Lodge Properties
4-Bedroom Apartment 660sqmin Waterfront Highrise Tower Offplan
Premium
6
$1,800,000

Flat / apartment for sale

4-Bedroom Apartment 660sqmin Waterfront Highrise Tower Offplan

The 4-Bedroom apartment (660sqm) prices range from $1.85m - $2.75m; Ownerelala

Ozumba Mbadiwe Road, Victoria Island (VI), Lagos
4 Beds 4 Baths 5 Toilets
Best Properties
Serviced 2-Bedroom Apartment
Premium
25
₦17,000,000 /yr

Flat / apartment for rent

Serviced 2-Bedroom Apartment

Victoria Island. ₦17 Million Per Year. Netflix in the Living Room. Prime Video in the Bedroom. Pool. Gym. Elevator. 24/7 Power. Managed Like a Hotel. Priced Like a Home. The problem The VI rental market has a well-documented pattern that every serious professional in this corridor eventually learns. The buildings that work --- the ones with actual 24/7 power, actual professional security, actual building maintenance that does not require you to chase a facility manager for six weeks --- cost significantly more than the buildings that describe themselves with the same language but deliver something considerably different. You have rented the second type before. Maybe more than once. The apartment that was "serviced" on the listing and required personal negotiation on every operational friction once you moved in. The building whose "24/7 security" was one gate man on a rotating schedule. The "fully fitted kitchen" that needed two missing appliances before you could actually use it. You have developed the specific scepticism that the Lagos rental market produces in every professional who has been through that cycle enough times. This listing exists for the person who is done with the cycle. ₦17M per annum. Water Corporation Drive, Victoria Island. Managed at hospitality standard. Every feature confirmed and operational. The agitation Here is the specific cost the VI professional absorbs every month they stay in the wrong building. Not in money --- though the rent you are currently paying for a building that delivers below what it promised is its own kind of loss. The cost is in the daily micro-frictions that accumulate into a chronic low-grade drain. The morning the power goes at 5:45 AM and you are in the shower. The evening you arrive at 9 PM, depleted from a full day on the island, and discover the building's generator has been on for six hours and the fuel ran out at 7. The Saturday you intended to use the pool and found it had not been serviced in three weeks. None of these are crises. All of them are the aggregate of living in a building that was not built and managed to the standard it described itself at. Meanwhile, the rent has gone up. It always does. Your landlord's annual letter arrived. The number moved. You absorbed it because moving is expensive, because your school run is mapped, because rebuilding your routines in a new building costs time and energy you do not have. A building managed at hospitality standard --- where the operational infrastructure is maintained professionally, where the streaming services are part of the package, where the pool is ready on Saturday because the building's management team ensures it is --- does not produce those frictions. It produces a different kind of experience entirely. The solution This fully serviced 2-bedroom apartment on Water Corporation Drive, Victoria Island, is managed at a standard that most Lagos rental listings claim and very few deliver. The distinction is visible in the detail. Netflix and Prime Video are included. Smart TV in all rooms. Full-length mirrors as a deliberate interior design choice. Excellent hospitality as a stated service commitment. These are not features that appear in standard landlord-managed buildings. They are features that appear when the building's management team has been instructed to deliver a guest-house standard of care to long-term residents. That is the experience being offered here --- at ₦17M per annum on Victoria Island. Here is what the building delivers: Water Corporation Drive, Victoria Island --- the quieter edge of the island. Water Corporation Drive runs along the waterfront edge of VI, away from the arterial roads and commercial traffic of Adeola Odeku, Ozumba Mbadiwe, and Ahmadu Bello Way. You are on Victoria Island --- with everything that means for your commute to your office, your clients, and the commercial core of the island. And you are on a road that gives you the residential quiet of the VI waterfront edge rather than the traffic noise of the island's main corridors. The address is correct. The specific location within the address is also correct. Netflix and Prime Video --- included in the apartment. Not a subscription you maintain separately. Part of what the apartment delivers. The streaming infrastructure is in place. You arrive, you connect, and the entertainment is there. In combination with the smart TV in all rooms --- living room and bedrooms --- this means the apartment's media infrastructure is at the standard of a high-quality serviced residence. After a day running the island, the apartment receives you rather than requiring you to set it up. Smart TV in all rooms. Every room. Not a common area screen. Each bedroom has its own. The living space has its own. The household does not negotiate screen access or share a single viewing point. Each occupant has their own space with their own screen. Full-length mirrors --- a deliberate interior design feature. This detail signals more than its functional value. A developer or manager who specifies full-length mirrors as a feature of the apartment is making an interior design decision. That decision tells you that the apartment was fitted to a standard, not just to a specification. The space was thought about. The result is an interior that works visually in a way that standard apartment interiors do not. 24/7 electricity --- confirmed, not aspirational. Backed by a standby generator, a prepaid meter, and the building's managed power infrastructure. You do not manage the power. You use it. It is on when you arrive at 9:30 PM from a delayed client dinner. It is on when your alarm goes off at 5:30 AM. It is on when you are away for three days in Abuja and your household is in the apartment. The power infrastructure is managed by the building. It is not your responsibility. Swimming pool and gym --- both in the building. The pool for the Sunday morning that starts before the city wakes up. The gym for the morning session before the 7 AM call or the decompression after the day closes. Both available without leaving the building, without booking, without the logistics of going elsewhere. Elevator access. The building handles vertical movement. You do not carry anything up stairs. Groceries, luggage, your laptop bag after a long day --- the elevator manages it. 24/7 security --- layered, professional, confirmed. Security gate. Perimeter fencing. Electric fence. Burglar proof. CCTV throughout. Intercom. Gateman. Fire safety. Each security layer is independently operational. The building's security does not depend on any single point. When you travel, your household is inside a genuinely secured perimeter. All rooms en-suite. Fully fitted kitchen. Air conditioning. Water heater. Pop ceilings. Built-in wardrobes. High-speed internet. The apartment is complete. Nothing requires sourcing, installing, or commissioning after you move in. You bring your belongings. The apartment functions from day one. The full financial picture --- disclosed completely: Annual Rent: ₦17,000,000 Legal Fee (10%): ₦1,700,000 Agency Fee (10%): ₦1,700,000 Caution Deposit (5%): ₦850,000 Service Charge: ₦2,000,000 Total Year-One Commitment: ₦23,250,000 ₦23.25M is the number to have liquid or confirmed before this conversation begins. Every item in that total is disclosed upfront. There are no surprises at viewing. The financial picture is complete before the first call. Water Corporation Drive, Victoria Island is on the waterfront edge of the island. The VI waterfront corridor is elevated and well-drained --- above the risk zones that affect lower-lying parts of Lagos Island. Smilebay Realties does not list properties in flood-prone areas. This apartment on Water Corporation Drive, VI, was assessed against that standard before listing. It passed. The call to action This is a short conversation for a specific kind of person. You work on or near Victoria Island. You are done with the building that described itself one way and delivered another. You want the address, the pool, the gym, the elevator, the 24/7 power, the Netflix, the Smart TV in every room, and the hospitality-standard management --- for ₦17M per annum, with total year-one commitment of ₦23.25M. If that describes your position, one call ends the search. Call or WhatsApp Smilebay Realties: +234 901 517 4801 Victoria Island at ₦17M. Managed like a hotel. Ready today. 2 Bedrooms --- 2 Bathrooms --- 3 Toilets --- All Rooms En-Suite Fully Serviced --- Modern Interior Design --- Hospitality Standard Management Included: Netflix --- Prime Video --- Smart TV in All Rooms --- Full-Length Mirrors Kitchen: Fully Fitted Power: 24/7 Electricity --- Standby Generator --- Prepaid Meter Water: Borehole --- Treated Water --- Water Heater Internet: High-Speed WiFi Interior: Air Conditioning --- pop Ceilings --- Built-In Wardrobes --- Tiled Floors --- Guest Toilet Building Amenities: Swimming Pool --- Gym --- Elevator --- Ample Parking --- Balcony --- Outdoor Lighting Security: Security Gate --- Perimeter Fencing --- Electric Fence --- Burglar Proof --- CCTV --- Intercom --- Gateman --- Fire Safety Location: Water Corporation Drive, Victoria Island (VI), Lagos Flood-Free --- Confirmed by Smilebay Realties Pre-Listing Assessment Annual Rent: ₦17,000,000 Legal Fee (10%): ₦1,700,000 Agency Fee (10%): ₦1,700,000 Caution Deposit (5%): ₦850,000 Service Charge: ₦2,000,000 Total Year-One Commitment: ₦23,250,000 Listed by Smilebay Realties Limited --- Ref: 3544108

Water Cooperation Road, Victoria Island (VI), Lagos
2 Beds 2 Baths 3 Toilets
Smilebay Realties Limited
2-Bedroom Carcass Apartment
Premium
4
₦219,000,000

Flat / apartment for sale

2-Bedroom Carcass Apartment

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

Oniru, Victoria Island (VI), Lagos
2 Beds 2 Baths 3 Toilets
Smilebay Realties Limited
High-Rise Hotel Apartment Ozumba Mbadiwe, Victoria Island
Premium
11
$173,000

Flat / apartment for sale

High-Rise Hotel Apartment Ozumba Mbadiwe, Victoria Island

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

Ozumba Mbadiwe, Victoria Island (VI), Lagos
1 Beds 1 Baths 2 Toilets
Smilebay Realties Limited
Cavisa Homes - Furnished 3 Bedroom Luxury Apartment
Featured
38
₦65,000 /day

Flat / apartment short let

Cavisa Homes - Furnished 3 Bedroom Luxury Apartment

Cavisa Homes is the best deal for your short stay in Lagos. It is located in Victoria Island, Lagos. Whether you are coming for a business trip or for relaxation with friends or family, our tastefully designed apartment will cater to all your needs. Our mission is to enrich people’s lives by providing comfort. A great variety of amenities and additional services are available for you to fully enjoy every single aspect of your stay with us. You’ll have everything for short and long stays, for business and pleasure. Fully Equipped Kitchen Living Room Dinning Area Gym & Yoga

Ozumba Mbadiwe Rd, Victoria Island (VI), Lagos
3 Beds 3 Baths 4 Toilets 3 Parking
Cavisa Homes
2 Bedroom Apartment
14
$355,000

Flat / apartment for sale

2 Bedroom Apartment

$355,000 40% Initial Deposit Balance in 6Months - 15 Floors --Commercial & Residential wings - 3 Levels of Parking (143 spaces) - Recreational floor with pool, gym, spa, bar, mart, restaurant - Open-plan offices with flexible layouts - Smart building systems: air conditioning, water & waste treatment, power backup - Panoramic city and lagoon views The Recreational Floor (3rd) - Lifestyle hub connecting both towers Facilities :-Gymnasium-Spa / Massage Parlor-Games Room-Shopping Mart-Restaurant & Bar-Swimming Pool-Outdoor Terraces with Lagoon Views

Ozumba Mbadiwe, Victoria Island (VI), Lagos
2 Beds 2 Baths 3 Toilets 2 Parking
Keys2thecity
2 Bedroom Hotel Hotel Apartments
1
₦650,000,000

Flat / apartment for sale

2 Bedroom Hotel Hotel Apartments

The Cavalli Towers . Luxurious high rise building containing one and two bedroom hotel apartments located on Ozumba Mbadiwe opposite Ecobank offers comfort and high class living. Consists of 15 floors. It is a twin tower building, one commercial (office spaces) the other residential. Price : Two bedroom (650million naira) Payment plan : 25% initial deposit and spread installments over 12 months. Amenities include : - high class restaurant - ⁠parking on the first 3 floors - ⁠spa - ⁠State of the art gymnasium - ⁠concierge and door man - ⁠open terraces - ⁠outdoor bar - ⁠relaxation area - ⁠massage room - ⁠shopping Mart - ⁠Games room Owmercaval

Ozumba Mbadiwe Opposite Ecobank, Victoria Island (VI), Lagos
2 Beds 2 Baths 3 Toilets
Best Properties
Lagoon &panoramic View 2 Bedroom on 15 Floors, Pool, Gym, Spa, Offplan
1
$355,000

Flat / apartment for sale

Lagoon &panoramic View 2 Bedroom on 15 Floors, Pool, Gym, Spa, Offplan

Ownerthe

Ozumba Mbadiwe, Victoria Island (VI), Lagos
2 Beds 2 Baths 3 Toilets
Best Properties
Perfect Clean & Luxury Lagoon View. 3 Bedroom Duplex
3
₦220,000 /day

Flat / apartment short let

Perfect Clean & Luxury Lagoon View. 3 Bedroom Duplex

Newly Totally renovated luxury fully furnished duplex with the best housing equipments. Perfect clean, lagoon view,

Samuel Manuwa Street, Off Ozumba Mbadiwe Road, Victoria Island (VI), Lagos
3 Beds 2 Baths 3 Toilets 2 Parking
Esther

Showing 1–12 of 12 properties

Area Guide

About Victoria Island (VI), Nigeria

Victoria Island (VI) is an affluent area that encompasses a former island of the same name that sits between Lagos Island and the Lekki Peninsula in the Lagos Lagoon. It is the main business and financial centre of Lagos in Lagos State, Nigeria. Victoria Island is one of the most exclusive and expensive areas to live in Nigeria. The town and island lie within the boundaries of the Eti-Osa LGA.

Originally designated an upscale residential area, failing infrastructure and overcrowding in the old business district on Lagos Island and lax zoning enforcement in Victoria Island led to a mass migration of businesses over the last twenty-five years. Today, Victoria Island is one of Nigeria's busiest centres of banking and commerce, with most major Nigerian and international corporations headquartered on the Island.

The Island has continued to rapidly develop and along with Ikoyi, is a favourite spot for Nigerians and foreigners to live and play.

Read the full area guide
FAQ

Frequently asked questions

There are 12 available serviced flats on Ozumba Mbadiwe Road, Victoria Island (VI), Lagos. You can view and filter the list of property by price, furnishing and recency.