5-Bedroom Detached Home

Property Details Location: Lekki Phase 1, Lagos Property Type: Detached Residential Home Configuration: 5 Bedrooms Transaction: For Sale Asking Price: ₦1,100,000,000 Zahari View This 5-bedroom detached home is offered for sale in Lekki Phase 1 at an asking price of ₦1.1 billion. At this price point, prospective buyers should assess the property beyond the bedroom count. The plot size, quality of construction, street positioning, parking capacity, available infrastructure and long-term maintenance requirements are important factors in determining the overall value of the property. A physical inspection is recommended to properly assess the condition of the building, finishing, external areas and supporting infrastructure before making a purchase decision. Property Highlights Detached 5-bedroom residential home. Located in Lekki Phase 1, Lagos. Asking price of ₦1.1 billion. Suitable for buyers seeking a detached residential property. Property assessment should consider both the building and underlying land. Why This Property Deserves Attention A detached home provides buyers with a different ownership proposition from apartments or shared residential developments. For a property at this price level, the underlying land, location within Lekki Phase 1, building quality, accessibility, parking and future maintenance obligations should all form part of the buyer's assessment. The buyer should also consider whether the property's existing configuration and condition align with their intended use and long-term plans. Buyer's Perspective Before proceeding with the purchase, prospective buyers should verify: Exact plot size and dimensions. Property boundaries and survey documentation. Street positioning and accessibility. Building condition and construction quality. Age of the property and any renovation history. Number and arrangement of bedrooms and other internal spaces. Parking capacity. Water supply and power arrangements. Drainage and infrastructure around the property. Security and estate management arrangements, where applicable. Existing service or maintenance obligations. Planning and building approvals. Title and ownership documentation. Any outstanding liabilities or encumbrances affecting the property. Investment Perspective For buyers considering the property as an investment, the purchase should be evaluated based on both the underlying land and the existing building. Potential rental income, if applicable, should be independently assessed against comparable detached homes in Lekki Phase 1. The buyer should also factor in acquisition costs, legal and professional fees, maintenance, property management, potential refurbishment and other ongoing ownership expenses. Future development or redevelopment potential should not be assumed without confirming the applicable planning requirements and permitted use. Investor / Buyer Note At an asking price of ₦1.1 billion, prospective buyers should carry out a detailed comparison with other detached homes in Lekki Phase 1. The comparison should consider plot size, location, street quality, building condition, construction standard, parking, infrastructure, title, amenities and recurring costs, rather than relying on bedroom count alone. An independent valuation may also be useful when assessing the relationship between the asking price, the land component and the existing improvements. Documentation Prospective buyers should request and independently verify: Title documents. Survey Plan. Evidence of ownership. Deed of Assignment or applicable transfer documentation. Building and planning approvals. Relevant property tax or statutory records where applicable. Evidence of any applicable estate or service charges. Any documentation relating to alterations or extensions to the building. Independent legal and professional property due diligence is recommended before completion of the transaction. Property Intelligence Beyond the Listing For a detached property at this value, the building should be considered together with the land on which it stands. The long-term ownership cost can also be influenced by the condition of the structure, quality of infrastructure, maintenance requirements and any future renovation needs. A proper inspection, title review and valuation can therefore provide a more complete picture of the property before a buyer commits to the asking price. Asking Price ₦1,100,000,000 For Enquiries & Inspections +234 907 301 3359 www.zaharihub.com Zahari Properties ...Points in the right direction. Disclaimer: Property information contained in this listing is based on the details provided and should be independently verified. Prospective buyers should confirm the property's physical condition, plot size, boundaries, ownership, title, approvals, infrastructure, fees and all transaction terms before proceeding with the purchase.