There are 5,025 land for sale and rent in Lagos as of 6 Aug 2026, with an average price of ₦240M. 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.
Admiralty way High-End Waterfront land for sale at admiralty way, lekki phase 1. Very brilliant Water front area. Plot sizes available 1500sqm 2500sqm 4000sqm 6000sqm 8,000sqm 15,000sqm 10,000sqm 17,000sqm 5,000sqm Suitable for Hotel High rise development Showroom Residential towers Waterfront Restaurants Commercial development Many more Title: Governors Consent Admiralty Waterfront land N1.75m per sqm net
Admiralty Way Waterfront, Lekki Phase 1, Lekki, Lagos
Land for sale in vintage park estate behind house on the rock church off spar road ikate @₦1,000,000 per sqm. With registered deed. sizes available 602sqm 629sqm 611sqm 604sqm 594 sqm 700 sqm
Vintage Park Estate Off Spar Road., Ikate, Lekki, Lagos
Plusworld Realtors
Premium
7
₦125,000,000
Residential land for sale
410SQM Sand-Filled Cornerpiece Land
Corner piece Fenced 410sqm of land located in peninsula gardens estate Sangotedo, Ajah.
Peninsula Garden Estate, Sangotedo, Ajah, Lagos
410 sqm
E. T. Nelson Enterprises
Premium
1
₦380,000,000
Residential land for sale
Land Plots Measuring 650SQM/1000SQM
Land for sale -- orange island (LEKKI) a prime investment opportunity in the fast-developing Orange Island, Lekki. Available plots: 650sqm 1,000sqm This is a well-planned and rapidly appreciating location, ideal for residential or multi family development. The estate offers good accessibility and strong future value growth potential. Title: C of O Price: N380m/580m Location: Orange Island, Lekki Phase 1 Suitable for: Luxury Houses Residential development * Investment holding Contact us today for inspection and further details.
Orange Island Estate, Lekki Foreshore, Lekki Phase 1, Lekki, Lagos
650 sqm
Future Homes Properties and Investment LTD
Premium
6
₦12,000,000
Residential land for sale
Quarter Plot of Land
This land is a 25feet by 55feet land at Okesagun, Command axis of Ipaja, Lagos state. The title are family receipt, survey and deed of assignment This land is in an already built up community and great value for your money
Okesagun, Command, Ipaja, Lagos
Braynux Properties
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5
₦200,000,000
Residential land for sale
60 Plots of Landed Property.
60 plots of Landed property at Chevron Drive Extension, Gracefield Island Estate. Going for 200m per plot.
Chevron Drive Extension, Gracefield Island Estate., Lekki Expressway, Lekki, Lagos
Plusworld Realtors
Premium
1
₦1,000,000per sq.m
Residential land for sale
2, 000SQM Residential Bareland
For sale in Lekki foreshore for sale @2000 SQm title global Cfo Princ #1m per square meter net. Contact: 09043135508
Genesis Court Estate Phase 2. Location- Cooperative Villa neighborhood, Badore, Ajah, Lagos. Prices: 300 sqm - 66M 450 sqm - 99M 600 sqm - 132M 700 sqm - 154M 750 sqm - 165M 800 sqm - 176M etc. Outright Payment - 220,000/ per sqm 3 Months & 6 Months payment spread Available - Initial deposit of N10 Million only. Title: C of O, registered as 97/97/2003R All building types allowed. Estate Features: - 100% complete infrastructure (interlocked roads, Drainages, Street Lights, CCTV, Transformers etc) - 200% ROl in 24 months. - On-the-spot Allocation - Start Building immediately - Serviced Estate with existing structures - Recreation parks and Green areas - Fully developed neighborhoods with close proximity to Business Districts, Banks, Schools etc - Build your preferred house types
Badore, Ajah, Lagos
Woluxe Realty LTD
Premium
3
₦350,000,000
Residential land for sale
A Plot of Land
A plot of land in a serene and secured estate Location: Magodo Phase 2 Land Size : 542 Sqm Price: N350m Title: CofO
GRA Phase 2, Magodo, Lagos
542 sqm
Olashile Property
Premium
1
₦25,000,000
Residential land for sale
Affordable Quarter Plot of Land with 3 Documentations
Tired of missing affordable land in established neighborhoods? This 30ft × 75ft quarter plot at the end of Olaniyi Street, New Oko Oba, Abule Egba offers a peaceful location with room to build or invest. Instead of waiting for prices to climb, secure it with Receipt, Survey, and Deed for ₦25M (slightly negotiable). 13215
New Oko Oba, Abule Egba, Agege, Lagos
167 sqm
Eniola Ogunmuyide & Partners
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6
₦62,000,000
Residential land for sale
A Half Plot of Land
A Mini Estate in the heart of egbeda has started the sales of their plots of land. Its a Virgin, Solid and Table Land. Landsize/prices 60ft x 60ft @ N65m ( Promo Price: N60). 60ft x 90ft @ N90m ( Promo Price: N85m). They're looking at both Nigerian and Diaspora clients that are ready to buy and build. Only few plots left. Location Toyin Giwa Avenue, Egbeda, Lagos. It is Opposite Millennium Estate, Shasha - Egbeda, Lagos.
2 plot of dry land at unity Estate badore Ajah lagos,Residential land in good location fine environment with price and title Price#60m asking It's has deed of assignment It has survey plan And gazette...
Unity Estate, Badore, Ajah, Lagos
Hmoh Global LTD
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3
₦1,300,000per sq.m
Residential land for sale
Serviced Residential Bare Land
WE have plots available in this presidential estate for sale Location: the aisle residence lekki phase 1 Price per sqm - N1.3M per SQM. Contact: 09043135508
The Aisle Residence, Lekki Phase 1, Lekki, Lagos
500 sqm
Dannaproperties
Premium
6
₦300,000,000
Residential land joint venture
Residential Land
Joint Venture At Lekki Phase 2 (JV) Bare land measuring 914.432sqm located in a well developed and serene environment, just a short distance from the estate gate. Location: Lekki Phase 2, Lekki Lagos Title: Certificate of Occupancy (C of O) Land Value:- #300m Premium:- #20m Facilitator's Fee:- 10% Proposal:- Open Sharing:- TBD Title:- C of O
13.5 Hectares or 270 plots or 135000 square meters of bare land directly facing the Lagos Calabar Coastal Road available for Outright and Total Sale. Everything goes at once. Total price : N21 Billion. Suitable for Residential Estate, Factory, Hotel, Sports Facilities, Leisure and Tourism, University, School, Large land requirement etc
The headline: Lekki Foreshore Estate Is Still Open. Plots from 1,000sqm to 5,035sqm Across Three Distinct Parcels. Including a Lagoon Waterfront Position in Parcel C That Has No Equivalent in This Corridor. Newly Created Layout. Deed of Assignment. Global C of O. Prices Rising. The problem The Lekki Phase 1 land conversation has, for most serious buyers and developers, felt increasingly like a market they missed. The corridor is established. The demand is documented. The price trajectory is a single direction over two decades and it has not reversed. Every professional who has been watching Lekki Phase 1 land from the outside --- calculating, deliberating, waiting for conditions to align --- has watched the per-sqm floor move upward while they stood still. Lekki Foreshore Estate, inside Lekki Phase 1, is a specific sub-address within that corridor that carries all of Phase 1's investment credentials --- plus one that most Phase 1 addresses do not have: a newly created layout across three distinct sub-parcels, each with its own position, its own character, and its own development thesis. The estate infrastructure already exists. The dual-gate access --- Freedom Way and Admiralty Way --- is functioning. The road network is in place. But the individual plot layout has only recently been parcelled into Parcel a, Parcel B, and Parcel C. That combination --- estate infrastructure already built, plot layout recently released --- is the precise entry condition that produces the best land acquisition outcomes in Lagos. The estate is not developing around you. It is already developed. The plots are new to the market. The prices reflect where the corridor is today, not where it will be when these parcels are fully absorbed. That window is open now. It will not be described as "newly created" much longer. The agitation Here is the documented cost of watching a newly created layout in an established Lekki Phase 1 estate from the sideline. The Lekki Foreshore Estate corridor has produced consistent price appreciation across every macro cycle Lagos has navigated in the last fifteen years --- devaluations, inflation spikes, political transitions, global slowdowns. Land in this corridor has not experienced sustained price correction in the way other asset classes have. It has absorbed every headwind and continued moving. The investors and developers who entered this estate at earlier pricing are not selling at today's per-sqm rates. They are holding or building --- because the exit value of developed property in this corridor continues to justify the land acquisition cost at a margin that makes the original entry price look conservative in retrospect. The professional who calculates and defers is not making a risk-reduction decision. They are making a cost-increase decision. Every month of deferral on a Lekki Foreshore plot is a month the "newly created" description ages, the available parcels reduce, and the per-sqm entry point moves toward the level the next buyer will find when they search this estate. There are now three distinct positions available --- outer gate access in Parcel a, the settled central position in Parcel B, and the lagoon waterfront in Parcel C. Each serves a different buyer. Each is priced at a level that will look very different twelve months from now. The listing states it plainly: prices are on the rise. Now is the best time to buy. That is not sales language. It is the documented behaviour of this corridor --- and every buyer who has acted on it in this estate has not regretted it. The solution Lekki Foreshore Estate, Lekki Phase 1. Newly created layout subdivided into Parcels a, B, and C. Dual-gate access on Freedom Way and Admiralty Way. Excellent road network throughout. Deed of Assignment backed by Global Certificate of Occupancy. Governor's Consent upgrade available to the final buyer. Multiple plots from 1,007sqm to 5,035sqm across all three parcels. Understanding the estate's parcel structure is the first step to choosing the right position. Parcel a --- The Outer Parcel. Closest to the Estate Gate. Parcel a sits on the outer edge of Lekki Foreshore Estate, directly adjacent to the estate entrance. For buyers and developers who value immediate accessibility above all --- fast access from Freedom Way and Admiralty Way, maximum visibility of the development from the estate approach, and the shortest internal road distance from gate to plot --- Parcel a is the position. The 1,053sqm plot in Parcel a is priced at ₦950,000 per sqm, totalling approximately ₦1,000,350,000. This reflects the premium gate-proximity position. For a developer whose project relies on ease of construction access and strong kerb appeal from the estate entrance, this premium is justified operationally and commercially. Parcel B --- The Central Parcel. The Settled Interior Position. Parcel B occupies the heart of the estate --- removed from the gate activity of Parcel a, insulated from the waterfront edge of Parcel C, positioned in the calm residential interior that most families and end-user buyers find most liveable. The central parcel is where the estate's residential character is most consistent, where the road infrastructure around the plot is most established on all sides, and where the balance between access, privacy, and community feel is at its best. The majority of the portfolio's plots at ₦800k per sqm sit in Parcel B. For the professional building their own home, the developer building a boutique residential project, or the investor acquiring land with the strongest long-term hold characteristics --- Parcel B is the core position in this estate. Available plots in Parcel B: 1,001sqm at ₦800,000 per sqm --- approximately ₦800,800,000 1,002sqm at ₦850,000 per sqm --- approximately ₦851,700,000 1,004sqm at ₦800,000 per sqm --- approximately ₦803,200,000 1,012sqm at ₦800,000 per sqm --- approximately ₦809,600,000 1,013sqm at ₦800,000 per sqm --- approximately ₦810,400,000 1,019sqm at ₦800,000 per sqm --- approximately ₦815,200,000 1,039sqm at ₦800,000 per sqm --- approximately ₦831,200,000 1,700sqm at ₦950,000 per sqm --- approximately ₦1,500,000,000 The 1,700sqm plot is the largest single parcel in Parcel B --- the widest buildable footprint in the central zone at ₦800k per sqm, suited for a developer building at meaningful scale in the residential interior of the estate. Parcel C --- The Waterfront Parcel. Closest to the Lagoon. Parcel C is the premium tier of Lekki Foreshore Estate --- the plots that back onto and face the Lagos lagoon. This is where the estate's name is most literally expressed: foreshore, in the direct sense of land at the water's edge. The 5,035.658sqm waterfront plot in Parcel C is the most significant single land parcel in the entire Smilebay Realties portfolio. At ₦800,000 per sqm, the total acquisition cost is approximately ₦4,028,526,400. This is a waterfront-facing development site of over five thousand square metres in Lekki Phase 1. Dual-gate estate access. Newly created layout entry pricing. A title position that is immediately actionable. The development thesis writes itself for any developer active in this market: a premium multi-unit residential building with lagoon-facing elevation, on a newly parcelled plot in an established Lekki Phase 1 estate, at a per-sqm rate that reflects the layout's creation stage rather than its matured market value. The exit pricing of lagoon-facing residential units in this corridor against the ₦800k per sqm acquisition cost produces a development margin that serious developers will calculate without prompting. This parcel deserves a standalone marketing campaign. If you are a qualified buyer with capital structured at ₦4B and above, this is the conversation to prioritize. Also available in Parcel C: 1,000sqm at ₦750,000 per sqm --- ₦770,000,000 (flagship listing, closest to lagoon zone --- confirm exact position at first contact) the title structure --- clear and complete: Every plot in Lekki Foreshore Estate carries a Deed of Assignment backed by a Global Certificate of Occupancy. Here is what that means in practice: The Global Certificate of Occupancy is a master title instrument issued by Lagos State over the entire Lekki Foreshore Estate. It is estate-level, state-registered, and traceable directly to the Lagos State government as the single title authority. There is no community consent chain embedded in it. No family land ambiguity. No conversion risk. Each individual plot's Deed of Assignment traces directly back to that Global C of O --- giving every buyer in this estate a short, clean, verifiable title chain that terminates at the state government. Governor's Consent is available to the final buyer as a post-purchase title upgrade. This is a straightforward Lagos Land Registry application process. With the Global C of O as the master instrument and the Deed of Assignment as the individual conveyance, the Governor's Consent application is supported by the strongest possible documentary foundation. Your solicitor will confirm this. The upgrade process is not an obstacle. It is a step --- one that converts an already-secure title position into the most individually registered title available in Lagos residential land law. All documents are available for immediate solicitor review from the moment contact is made. Flood-free --- all three parcels confirmed: Lekki Foreshore Estate is flood-free throughout Parcel a, Parcel B, and Parcel C. The estate's road and drainage infrastructure manages Lagos rainfall at the estate level across all three zones. The dual-gate access roads to Freedom Way and Admiralty Way are maintained and do not carry the seasonal flooding that affects lower-lying or less-managed addresses in the broader Lekki corridor. Parcel C's lagoon waterfront position is elevated and designed --- not exposed. The drainage infrastructure accounts for the waterfront adjacency throughout the estate. Smilebay Realties does not list properties in flood-prone areas. Every property in this portfolio is assessed for flood risk before listing. Lekki Foreshore Estate --- all three parcels --- passed that assessment. Your land acquisition here is protected from the rainy-season risk that erodes asset value and daily life quality in flood-affected Lagos addresses. The call to action Three parcels. Multiple plots. One estate. One title structure. One agent. The buyer for Parcel a wants gate proximity and construction access efficiency. The buyer for Parcel B wants the central, settled, residential interior of an established Lekki Phase 1 estate. The buyer for Parcel C --- specifically the 5,035sqm waterfront --- wants the most significant development land position in the entire Smilebay Realties portfolio. All three conversations begin with the same call. Title documentation available for immediate solicitor review. Site visits arranged across all three parcels this week. Plot positions and exact parcel allocations confirmed at first contact. Call or WhatsApp Smilebay Realties: +234 901 517 4801 Parcel a is at the gate. Parcel B is at the centre. Parcel C is at the water. Which position is yours? Flagship: 1,000sqm --- ₦770,000,000 --- Parcel C (lagoon zone, confirm exact position at first contact) parcel a: 1,053sqm at ₦950,000 per sqm --- approximately ₦1,000,350,000 --- near estate gate parcel B: 1,001sqm at ₦800,000 per sqm --- approximately ₦800,800,000 1,002sqm at ₦850,000 per sqm --- approximately ₦851,700,000 1,004sqm at ₦800,000 per sqm --- approximately ₦803,200,000 1,012sqm at ₦800,000 per sqm --- approximately ₦809,600,000 1,013sqm at ₦800,000 per sqm --- approximately ₦810,400,000 1,019sqm at ₦800,000 per sqm --- approximately ₦815,200,000 1,039sqm at ₦800,000 per sqm --- approximately ₦831,200,000 1,700sqm at ₦800,000 per sqm --- approximately ₦1,360,000,000 parcel C: 5,035sqm waterfront at ₦800,000 per sqm --- approximately ₦4,028,526,400 --- lagoon facing Estate: Lekki Foreshore Estate, Lekki Phase 1, Lekki, Lagos Title: Deed of Assignment backed by Global Certificate of Occupancy Governor's Consent: Upgradeable post-purchase by final buyer Access: Dual-gate --- Freedom Way and Admiralty Way Flood-Free: Confirmed --- all three parcels Prices Rising --- Newly Created Layout --- Now Is the Best Time to Buy Listed by Smilebay Realties Limited --- Ref: 3210179
The Duplexes Next Door Sold for ₦850 Million. This Is the Land They Were Built On. You Can Build Yours. The problem The Lagos property decision tree has a branch that most professionals never take --- not because they cannot afford it, but because the path is less obvious than buying a finished unit. It looks like this: You see the finished duplex. ₦850 million. Fully automated, pool, cinema, glass wall kitchen, two master suites. You look at the number. You look at your capital position. You think: not yet. And you move on. What you do not see --- because nobody shows it to you --- is that 30 metres from that ₦850 million duplex, in the same gated estate, on the same flood-free road, under the same Global Certificate of Occupancy, there is land. Land that costs significantly less than the finished product. Land that builds into the same address, the same estate regulations, the same infrastructure, the same exit value trajectory. Land that gives you the architect, the contractor, the timeline, the specification, and the design decisions --- yours, not the developer's. This listing is that land. The agitation Here is what the finished-unit-only mindset costs the Lagos professional who has been applying it. Every year you wait to enter a corridor at the land stage, you pay the premium for someone else's construction decisions. You pay the developer's margin. You pay the finished unit price --- which already has the build cost, the profit, and the market timing baked in --- rather than the raw land price that preceded all of that. The developers who built the ₦850M duplexes currently available in Victory Park Estate entered this land at a price point that made their margin possible. That margin now belongs to them. The buyer of the finished unit pays it on exit. The buyer who enters at the land stage in the same estate --- with the same Global CofO, the same flood-free infrastructure, the same building regulations that protect the environment and the asset value --- captures that margin themselves. At ₦1 million per sqm, Victory Park Estate land is priced at the entry point of this corridor. The finished duplexes being sold at ₦850M in the same estate are the documented exit evidence. The distance between where you buy and where you build to is where your margin, your home, and your asset appreciation all live. Every month that passes on undecided Victory Park land is a month that corridor entry price moves. It has not moved downward. The solution Two residential land plots available. Both in Victory Park Estate, Osapa, Lekki. Both under Global Certificate of Occupancy. Both ready to build. Plot 1: 453sqm at ₦450,000,000 Plot 2: 560sqm at ₦560,000,000 Both priced at approximately ₦1,000,000 per sqm --- net. Here is what you are actually acquiring with either plot: Victory Park Estate --- a regulated, high-income residential environment by design. This is not a descriptive claim. It is a documented estate policy. Victory Park Estate operates under building regulations that control what can be built, how it is built, and to what standard. This is the mechanism that protects your asset. When the neighbours build, they build to the same standard. The physically built environment remains consistent --- organised, maintained, and reserved for a buyer profile that values what this address will be worth in five and ten years. You are not buying into an unregulated compound neighbourhood where the plot next to yours can become anything. You are buying into a protected, regulated residential environment with an established character. The estate already has proof of its exit value. Two newly built fully detached 5-bedroom duplexes in Victory Park Estate are currently available at ₦850M each. They are on this listing agent's portfolio. They were built on the same standard plots you are looking at now. Their specification --- pools, cinemas, automation, glass wall kitchens --- is what Victory Park Estate's building environment produces when developed to its full potential. This is not a speculative future. It is documented present evidence, in the same estate, available for viewing. Global Certificate of Occupancy. In Lagos land law, this is the title instrument that carries the most institutional weight. A Global CofO is a master title issued by Lagos State over the entire estate --- meaning every individual plot within Victory Park Estate derives its title security from a single, state-registered, government-issued document. There is no chain of consents to trace. No community approval embedded in the history. No conversion ambiguity. Your solicitor's due diligence on a Global CofO is the shortest, cleanest title verification process in Lagos residential land. It ends at the Lagos State government. That is where it should end. Excellent access road from the Lekki-Epe Expressway through Osapa Road. The road from the expressway to the estate entrance is good and direct. There is no difficult navigation, no unmaintained access road, no wet-season track that becomes impassable during rains. The access infrastructure is in place. Site visits happen today. Construction begins on your schedule. Victory Park Estate is flood-free. The estate's drainage system was built to manage Lagos rainfall without transferring the problem to individual plots. The road from the expressway to the house --- confirmed in the estate description --- carries no flooding risk. Osapa Road itself provides clean, dependable access regardless of weather. Smilebay Realties does not list properties in flood-prone areas. Every property in this portfolio --- including both land plots listed here --- has been assessed for flood risk before listing. Victory Park Estate passed that assessment comprehensively. You are buying land that builds into an estate that has not, and will not, test you during rainy season. 453sqm is the smaller plot --- and the right size for a well-configured single-family home with a pool, parking, and outdoor living area. The duplexes currently in the estate were built on approximately 450sqm plots and carry pools, covered sit-outs, and 6--7 car parking within that footprint. The 453sqm plot is the proven footprint for this estate's development standard. You are not undersized. You are precisely sized for what Victory Park Estate delivers. 560sqm gives you additional compound depth. A larger footprint means more outdoor space, a wider compound perimeter, more flexibility for your architect on the building setback and outdoor configuration. For a buyer who wants a pool, an outdoor kitchen, a Jacuzzi, and a covered sit-out without any spatial compromise --- the 560sqm plot is the one that accommodates all of it without prioritisation decisions. Both plots are ready to build. Today. Title is confirmed. Access is in place. The estate's infrastructure exists. The only variable between you and breaking ground is the decision and the design. The call to action Victory Park Estate land with Global CofO, in a regulated high-income estate with proven ₦850M exit comparables next door, at ₦1M per sqm --- does not describe this corridor at its peak pricing. It describes the entry point that the people who build here will look back on. The buyer for these plots is either a developer who has already run the margin analysis and recognises what ₦450M of land plus construction cost produces against ₦850M finished comparables in the same estate --- or a senior professional who has decided that their home will be built on their terms, to their specification, in an address whose regulated environment protects the value of everything they put into it. If that is you, one conversation is all it takes. Global CofO available for immediate solicitor review. Site visits arranged this week. Call or WhatsApp Smilebay Realties: +234 901 517 4801 Plot 1: 453sqm --- ₦450,000,000 Plot 2: 560sqm --- ₦560,000,000 The duplexes next door did not appear from nowhere. Someone bought this land first. Residential Land Victory Park Estate, Osapa, Lekki, Lagos Plot 1: 453sqm ₦450,000,000 (~₦993,000/sqm) Plot 2: 560sqm ₦560,000,000 (~₦1,000,000/sqm) Title: Global Certificate of Occupancy Ready to Build Flood-Free Estate Excellent Drainage Regulated Building Environment Excellent Access Road from Lekki-Epe Expressway via Osapa Road Comparable Finished Duplexes in Same Estate: ₦850,000,000 (Refs: 3426775 & 3426770) Listed by Smilebay Realties Limited Ref: 3422517
Victory Park Estate, Osapa, Lekki, Lagos
453 sqm
Smilebay Realties Limited
Premium
3
₦510,000,000per plot
Residential land for sale
Waterfront 600 SQM Residential Land
The Lagos Professionals Who Built Generational Wealth Did Not Buy When the Market Was Calm. They Bought When the Layout Was New. The problem There is a specific window in every high-value Lagos real estate corridor. It opens when the infrastructure is already in place --- the gates, the roads, the drainage, the estate perimeter --- but the individual plots have not yet been fully absorbed by the market. Prices are still entry-level relative to what the corridor will sustain eighteen months from now. The title documentation is complete. The land is ready to build. But the wider market has not yet caught up to what is sitting there. This window does not stay open. The people who caught Lekki Phase 1 in that window in the early 2000s are now sitting on assets worth multiples of what they paid. The ones who caught Foreshore's first cycle four or five years ago have already seen material appreciation. Every one of those buyers looked, at the time of their purchase, like they were moving slightly ahead of the consensus. That is exactly what this moment is. And if you are reading this and your reaction is "let me wait and see how the market moves" --- the window is already closing on you. The agitation Here is what the professional Lagos property watcher always gets wrong. They optimise for certainty. They want to see the neighbourhood fully developed, the comps established, the comparable transactions publicly known, before they commit. By the time all of that is visible, the entry price they wanted is gone. The ₦510M plot that looked uncertain a year ago is now ₦700M and the agent is not returning calls on the weekend. This is not speculation. This is the documented price behaviour of every established corridor in Lekki Phase 1 going back fifteen years. Meanwhile, the monthly rent continues. ₦1.5 million. ₦2 million. ₦2.5 million --- gone every month into a landlord's account, building equity for someone else, appearing nowhere on your personal balance sheet. And somewhere in the back of your mind, the calculation you have been meaning to do --- the one that compares what you have paid in rent over five years versus what a plot in Lekki Phase 1 would be worth today if you had bought then --- sits unfinished because you already know the answer and it is uncomfortable. The professionals who are ahead of you financially are not smarter. They did not have better information. They had one discipline: they moved during the window instead of studying the window until it closed. The solution 600 square metres of titled residential land in Lekki Foreshore Estate, Lekki Phase 1. ₦510,000,000. Outright purchase. Complete title documents in hand. This is the window. Here is exactly what it consists of: Lekki Foreshore Estate --- not an emerging corridor, an established one. This is not land in a new scheme three junctions past the last traffic light. Lekki Foreshore sits inside Lekki Phase 1, one of the most consistently in-demand residential addresses in Lagos. The estate's perimeter is defined. Its road network is built and functional. The dual-gate access --- one on Freedom Way, one on Admiralty Way --- means residents have two exit routes in a city where a single blocked access point can cost you an hour. This is infrastructure that already exists. You are not buying a promise. Newly created layout --- the most important three words in this listing. The estate's road and infrastructure framework predates this plot availability. What is new is the parcelling --- this 600sqm parcel has recently been carved out of the layout, which means two things: the entry price has not yet caught up to the corridor's established going rate, and you are acquiring in a phase when similar-sized parcels in this estate's older sections are already commanding materially higher per-sqm figures. The buyers who enter newly created layouts in established estates consistently outperform those who wait for the layout to age. This is observable pattern, not theory. 600sqm at ₦510,000,000 --- translating to ₦850,000 per sqm. This per-sqm figure is the number a land-literate buyer benchmarks. In Lekki Phase 1, Admiralty Way adjacent, dual-gate access, functional road network, inside a named estate with traceable title --- ₦850k/sqm is the price of a market that has not yet fully absorbed the new layout. Comparable parcels in this corridor's more traded sections trade meaningfully above this. You are paying for a timing advantage, not a location compromise. Complete title documents are available for due diligence today. No pending applications. No community approval processes. No ambiguity about who the title authority is. The documents are complete, confirmed, and verifiable by your solicitor before any funds move. In a market where title anxiety is the single largest reason good buyers hesitate on good land, this closes the hesitation before it starts. A larger option exists for buyers with greater capital or development ambition: 700sqm at ₦850,000 per sqm (₦595,000,000). Same estate, same infrastructure, same title quality. For a developer looking at a larger footprint --- more buildable area, more floor plate, more units on exit --- this option is a direct alternative in the same conversation. The per-sqm maths, for anyone doing the development calculation: 600sqm in Lekki Phase 1, depending on zoning and building approval, supports a substantial multi-storey residential development. The cost of construction per sqm of built area, against the exit pricing of developed property in this corridor, produces a development margin that makes the land acquisition at ₦850k/sqm look very different from a sunk cost. It looks like a foundation. And for the end-user --- the professional who simply wants to build their own home on their own land, in their own time, to their own specification, in one of Lagos's most respected residential addresses: this plot is the blank canvas. No developer dictating the layout. No shared wall negotiating the boundary. Your architect. Your contractor. Your timeline. Your home. On 600sqm in Lekki Phase 1, with dual-gate access, functional infrastructure, and clean title. That version of the Lagos property story does not require compromise. The call to action The listing description states it plainly and correctly: prices in this estate are rising. A newly created layout in an established corridor does not hold its entry pricing for long. The buyers who are active in Lekki Phase 1 land know this. Some of them have already made inquiries. This listing is for two kinds of buyer. The investor or developer who benchmarks ₦850k/sqm in Lekki Phase 1 against the corridor's exit pricing and understands what that spread means for a development project --- and who has the capital or financing to move when the number makes sense. The senior professional who has been meaning to secure land in Lekki Phase 1 and build exactly the home they want, on their own terms, and has been waiting for a clean title, established infrastructure, and a number that does not require them to overpay to enter the corridor. If either of those descriptions fits you precisely, one call moves this forward. Title documents available for immediate due diligence. Site visit can be arranged this week. Call or WhatsApp Smilebay Realties: +234 901 517 4801 The window on newly created Lekki Phase 1 Foreshore land at ₦850k/sqm will not be described as "newly created" for much longer. That is how windows work. Water front 600sqm Residential Land Lekki Foreshore Estate, Lekki Phase 1, Lekki, Lagos Price: ₦510,000,000 (₦850,000/sqm) Complete Title Documents Available Dual-Gate Access: Freedom Way + Admiralty Way Excellent Road Network Newly Created Layout in Established Estate Prices Rising Also Available: 700sqm at ₦850,000/sqm = ₦595,000,000 Direct brief Listed by Smilebay Realties Limited Ref: 3469095
Lagos is a port and the most populous city in Nigeria. It is the second fastest-growing city in Africa and the seventh in the world. The population of Lagos according to the Lagos State Government, was 17.5 million. These figures are however disputed by the Nigerian Government and judged unreliable by the National Population Commission of Nigeria. The latest reports estimate the population at 21 million, making Lagos the largest city in Africa.
Lagos is a metropolitan area which originated on islands separated by creeks, such as Lagos Island, fringing the southwest mouth of Lagos Lagoon while protected from the Atlantic Ocean by long sand spits such as Bar Beach, which stretch up to 100 kilometres (62 miles) east and west of the mouth. From the beginning, Lagos has expanded on the mainland west of the lagoon and the conurbation, including Ikeja (which is the capital of Lagos) and Agege, now reaches more than 40 kilometres (25 miles) north-west of Lagos Island. Some suburbs include Ikorodu, Epe and Badagry, and more local councils have recently been created, bringing the total number of local governments in Lagos to 57.
FAQ
Frequently asked questions
The average price of residential land in Lagos is ₦240,000,000.
The price of the most expensive residential land in Lagos is ₦12,000,000,000.
The price of the cheapest residential land in Lagos is ₦750,000.
There are 5,025 available residential land in Lagos. You can view and filter the list of property by price, furnishing and recency.