House for sale
Off-Plan 4-Bedroom House
Property Details Location: Banana Island, Ikoyi, Lagos Property Type: 4-Bedroom Off-Plan Residence Livable Space: 571 SQM Asking Price: ₦2.1 Billion Expected Delivery: August 2027 Transaction: Sale Key Features 4 ensuite bedrooms Private elevator Private gym Rooftop garden Private swim spa 4-car parking Payment Plan ₦600 Million --- Fence, piling, ground beam and ground-floor slab ₦600 Million --- 1st--5th floor frame, roof and block work ₦500 Million --- mep first fixes, plastering, ceilings, screeding, tiling, windows and doors ₦200 Million --- mep second fixes and external works ₦200 Million --- Project handover Total Stated Payment Plan: ₦2.1 Billion Zahari View This off-plan 4-bedroom residence is located in Banana Island, Ikoyi, Lagos, with a stated livable space of 571 SQM and an asking price of ₦2.1 Billion. The proposed residence is described as having four ensuite bedrooms, a private elevator, private gym, rooftop garden, private swim spa and parking for four cars. The stated delivery timeline is August 2027. For an off-plan purchase at this level, the buyer's assessment should extend beyond the proposed design and features. Particular attention should be given to the developer, land title, approved building plans, construction specifications, project schedule, payment milestones, contract terms and mechanisms governing delays or changes to the development. Property Highlights 571 SQM livable space 4-bedroom residence All bedrooms stated to be ensuite Private elevator Private gym Rooftop garden Private swim spa 4-car parking Off-plan purchase structure Stated delivery: August 2027 ₦2.1 Billion asking price Why This Property Deserves Attention The property combines a sizeable livable area with a range of private residential amenities, including an elevator, gym, rooftop garden and swim spa. The staged payment plan also links payments to specific construction milestones. This gives prospective buyers a structure against which construction progress can be monitored, subject to the terms of the sale and development agreement. However, buyers should confirm that each construction milestone is clearly defined in the contractual documents and establish what inspection, certification or verification process applies before each payment becomes due. Buyer's Perspective Before committing to the purchase, prospective buyers should independently verify: Developer's identity and track record Ownership and title to the underlying land Approved architectural and building plans Development and planning approvals Exact 571 SQM livable-space specification Building specifications and finishing schedule Construction materials and quality standards Payment milestone definitions Expected completion and handover conditions Contract provisions relating to delays Treatment of variations or changes to specifications Defect liability and post-handover obligations Service charges and estate-related costs Parking allocation and access arrangements All legal, documentation and transaction fees Investment & Ownership Perspective The stated purchase price is ₦2.1 Billion, structured across five construction-related payment stages. The payment structure is: Stage Amount Fence, piling, ground beam & ground-floor slab ₦600M 1st--5th floor frame, roof & block work ₦600M mep first fixes & internal finishing works ₦500M mep second fixes & external works ₦200M Project handover ₦200M Total ₦2.1B Buyers should confirm whether the stated ₦2.1 Billion represents the complete acquisition cost or whether additional legal, documentation, service, utility, estate or other charges apply. Buyer Note Off-plan property requires careful review of both the physical development proposal and the legal agreement governing the purchase. Prospective buyers should ensure that payment milestones, construction specifications, delivery date, remedies for delays, handover requirements and post-completion obligations are clearly documented before making substantial payments. Documentation The underlying land title, development approvals, approved building plans, sale agreement and other relevant project documentation should be independently reviewed and verified by qualified legal and property professionals. The stated August 2027 delivery date should be treated as the developer's stated timeline and confirmed within the formal contractual documentation. Property Intelligence Beyond the Listing For an off-plan residence, the value proposition depends not only on the proposed features but also on the quality of execution and the developer's ability to deliver the agreed specifications. A prospective buyer should therefore establish exactly what is included in the ₦2.1 Billion purchase price, how construction milestones will be certified, what happens if the project timeline changes and what protections are available under the purchase agreement. Asking Price ₦2.1 Billion Stated Delivery: August 2027 For Enquiries & Inspections +234 907 301 3359 www.zaharihub.com Zahari Properties ...Points in the right direction. Disclaimer: Property information is based on the supplied listing details. Prospective buyers should independently verify title, ownership, approvals, developer credentials, architectural specifications, construction milestones, payment terms, delivery timeline, fees and all other relevant information before entering into the transaction.
