Detached duplex for sale
Block of flats for sale
4 Bedroom Penthouse
About this property
Bela Vista Estate, Off Freedom Way, Ikate, Lekki Phase 1. 4 Bedroom Penthouse. ₦600,000,000. Up to 12 Months Payment Plan. Global C of O and Deed of Assignment. This Sits Right Between the Basic Penthouse and the ₦950M One. Here's Exactly Where and Why. The problem There's a specific exhaustion in being a corporate professional who has finally decided to stop renting on the Lekki-Epe corridor, and then discovering that "4-bedroom penthouse, off Freedom Way" spans from ₦400,000,000 to ₦950,000,000 depending on finish, floor, and title --- with no easy way to tell which number is genuinely fair for what's on offer. Every evening spent renting ends the same way: surviving the crawl toward Lekki-Epe or Third Mainland, coming home to a landlord's decisions about the generator and the compound gate, watching January's renewal notice eat into the bonus you worked weekends to earn. When you're finally ready to buy at penthouse level, the last thing you need is to overpay simply because "penthouse" and "off Freedom Way" sound premium enough to justify any number attached to them. This listing gives you a specific, checkable position: 4-bedroom penthouse, Bela Vista Estate, off Freedom Way, ₦600,000,000, with up to 12 months to pay. The agitation Here's what's actually trading in the Freedom Way and Lekki Phase 1 penthouse segment right now, and where this listing sits against it. A 4-bedroom penthouse in Ikate, off Freedom Way, with a private elevator shared between two penthouse units, is listed at ₦400,000,000 --- an older comparable, more basic finish, no payment plan mentioned. At the top end, a 4-bedroom maisonette penthouse at Utopia Apartments, Lekki Phase 1 --- two living areas, a private study, a fitted cinema, two kitchens, smart home automation, a suspended pool, and a BQ --- is listed at ₦700,000,000. a 4-bedroom penthouse off Admiralty Way, Lekki Phase 1, fifth floor with a terrace, gym, and pool, on a "Perfected" title, is asking ₦950,000,000. Nigeria Property Centre's own data for Freedom Way, Lekki Phase 1 puts the average price of flats sold there at ₦250,000,000, with the most expensive flat listed at ₦700,000,000 --- though that average blends in far smaller, non-penthouse units, which is why the penthouse-specific comparables above matter more here. This listing --- ₦600,000,000 --- sits meaningfully above the basic ₦400,000,000 comparable, and below both the amenity-loaded ₦700,000,000 Utopia penthouse and the ₦950,000,000 Admiralty Way penthouse. That's a defensible middle position: a genuine penthouse address, a stronger title than several nearby comparables, and a payment structure --- up to 12 months --- that neither of the two pricier comparables mentions offering. Worth noting directly: this same Bela Vista Estate, off Freedom Way, is also where genuinely raw residential land has recently traded at approximately ₦1,200,000 per sqm, with Global C of O and a Gazette-registered Deed of Assignment --- the identical title combination carried by this finished penthouse. That consistency across both raw land and finished product inside the same estate is a real, checkable signal that the address itself commands a genuine premium, not an inflated one. The solution A 4-bedroom penthouse apartment, Bela Vista Estate, off Freedom Way, Ikate, Lekki Phase 1. Global Certificate of Occupancy and Deed of Assignment. ₦600,000,000. Up to 12 months payment plan. Here is what each element actually delivers: Bela Vista Estate, off Freedom Way. An address with verified pricing consistency --- the same estate's raw land trades at a genuine premium rate, and this finished penthouse carries the identical title structure. Not a speculative address; a documented one. 4 bedrooms, all en-suite. Every household member operates independently --- no queue before a 6am departure, no negotiation over the guest bathroom. Global C of O and Deed of Assignment. A stronger title combination than the Governor's Consent or "Building Approval only" status carried by several comparable Freedom Way listings --- genuinely relevant documentation strength for a purchase at this price point. Elevator, swimming pool, boys' quarters (BQ). The core penthouse amenity set that separates this from a standard flat --- vertical access without stairs, recreation on-site, and staff housing built into the property's own footprint. Fitted kitchen, pop ceiling, built-in wardrobes, tiled floors, water heater, guest toilet. A complete, move-in-ready interior finish. No renovation project, no furnishing gaps before you can actually live there. 24/7 power supply, prepaid meter, standby generator, borehole, treated water. Utility independence from a landlord's discretion --- the single most common source of Lagos renting friction, resolved by ownership rather than negotiation. Layered security: security gate, perimeter fencing, electric fence, CCTV surveillance, intercom, fire safety. A genuine security profile appropriate to the price point --- worth noting this list doesn't explicitly mention burglar-proofing or a dedicated security/gateman line the way some comparable listings do, which is worth confirming directly with the agent. Up to 12 months payment plan. A structured financing window neither the ₦700,000,000 Utopia comparable nor the ₦950,000,000 Admiralty Way comparable explicitly advertises --- a genuine advantage for a salaried buyer managing cash flow against an annual bonus cycle. Why this beats the alternatives on the table. The ₦400,000,000 comparable costs less but is an older listing with a shared elevator and no stated payment structure. The ₦700,000,000 and ₦950,000,000 comparables offer more elaborate finishes and amenities, but at a materially higher price with no flexible payment window mentioned. This listing sits at the genuine middle of the segment, with financing flexibility the pricier options don't offer. The call to action ₦600,000,000. 4-bedroom penthouse, Bela Vista Estate, off Freedom Way, Ikate, Lekki Phase 1. Global C of O and Deed of Assignment. Up to 12 months payment plan. The buyer for this unit has already compared the ₦400,000,000 basic penthouse and the ₦700,000,000--₦950,000,000 amenity-loaded comparables in this same corridor, and is looking for the genuine middle ground with a payment structure that fits a corporate salary cycle. Call or WhatsApp Smilebay Realties: +234 901 517 4801. Viewing by appointment. Ask specifically about the 12-month payment plan structure and confirm the security features list before committing. The comparable penthouses above and below this price are already trading in this same corridor. The title here is already stronger than several nearby alternatives. The only thing left to settle is whether 12 months to pay fits your bonus cycle better than paying it all at once. Property Type: Block of Flats (Penthouse) --- For Sale Bedrooms: 4 --- Bathrooms: 4 --- Toilets: 5 Price: ₦600,000,000 (up to 12 months payment plan) Title: Global Certificate of Occupancy + Deed of Assignment Location: Bela Vista Estate, off Freedom Way, Ikate, Lekki Phase 1, Lekki, Lagos Interior & Finishing: Fitted kitchen --- pop ceiling --- Built-in wardrobes --- En-suite bedrooms --- Tiled floors --- Water heater --- Guest toilet Power & Utilities: 24/7 power supply --- Prepaid meter --- Standby generator --- Borehole --- Treated water --- High-speed internet/WiFi Security & Safety: Security gate --- Perimeter fencing --- Electric fence --- CCTV surveillance --- Intercom --- Fire safety Outdoor & Communal: Swimming pool --- Boys' quarters (BQ) --- Car park --- Balcony --- Outdoor lighting --- Elevator NPC/Market Comparable Context (Freedom Way / Lekki Phase 1 penthouses): 4-bed penthouse, Ikate, off Freedom Way, shared elevator --- ₦400,000,000 4-bed maisonette penthouse, Utopia Apartments, Lekki Phase 1 --- ₦700,000,000 4-bed penthouse, off Admiralty Way, Lekki Phase 1, "Perfected" title --- ₦950,000,000 Freedom Way, Lekki Phase 1 flats --- average ₦250,000,000; most expensive ₦700,000,000 Bela Vista Estate raw land (same estate, previously priced) --- ≈₦1,200,000/sqm, Global C of O + Gazette Deed of Assignment This listing: 4-bed penthouse, Bela Vista Estate, off Freedom Way --- ₦600,000,000 Posted: 22 September 2026 Listed by: Smilebay Realties Limited
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Area guide — Lekki
Interesting Facts
Because of its proximity to popular destinations and attractions in Lagos, Ikate is a very interesting neighbourhood. It is also a popular destination for celebrities and businesses.
Leisure and Shopping
Ikate has just the right number and variety of markets and malls to make your shopping experience as easy and enjoyable as possible. Lekki Arts and Crafts Market, Pearl Market, The Lennox Mall, Blenco African Market, Ite...
Popular Estates
There are numerous good estates in Ikate to choose from, all of which offer its residents a peaceful living environment. Brown State Lekki Estate, Abiola Court 6 Estate, Richmond Gate Estate, SpringVille Estate, Horizon...
Day Life
Despite being primarily a residential neighbourhood, Ikate has a good number of recreational and entertainment options. Leisure sports park, Kos Lagos, Family affairs plaza, Bambooka, Komfort Wellness Place, Hungrybelly...
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