Lekki - Land For Sale

Lekki Lagos (6.4698° N, 3.5852° E)

Land for sale in Lekki Lagos – Properties for sale in Lekki Lagos, Nigeria. Easily locate that Real estate property on the Lagos Island. Call 08034856834.

Lekki is one of the top neighborhoods in Lagos; it is a very popular location in Lagos. A highbrow area taken to be one of the highly expensive locations for real estate in the country. The area is about 70 to 80 km long, has an average width of 10 km, with an estimated population of 550,000 people. Lekki presently boasts of houses, many estates, gated neighborhoods, a conservation park, areas mapped out for a Free Trade Zone which is currently under construction, and which would have an airport, and a seaport. The proposed land use master plan for Lekki sees it as a “Blue-Green Environment City”, expected to accommodate over 3.4 million residential population and an additional non-residential population of at least 1.9 million.

Part of the present day Lekki phase 1 in the Eti-Osa LGA was previously known as Maroko, and it was a slum. This was the case before it was demolished by the Raji Rasaki led Lagos State military Government. Lekki phase 1 presently is known as an area that boasts of some of the most expensive real estate properties in Nigeria. Other well known areas in Lekki are: Ikate, Elegushi, Osapa, Agungi, Ologolo, Chevron Area, Orchid Hotel road, Ikota, Victoria Garden City, Lekki Scheme 2 which is close to Abraham Adesanya Estate that is about a 30 minutes drive from phase. The Lekki scheme 2 is equally properly planned like Lekki phase 1, only that is developing at a much slower pace mostly because of the fact that it is some what far from Victoria Island and Lagos mainland. The road and drainage channels have been rightly put in place, however lack of proper care has left them in a dilapidated state.

DIRECTIONS TO PLACES WITHIN AND WITHOUT LEKKI

Directions To Lekki Phase 1

Directions To Sangotedo

Directions To Aja

Directions To Eti Osa

TYPES OF NEIGHBOURHOODS

Neighbourhoods in Lekki are basically divided into 3 types and they are:

-Serviced Estates

-Gated Neighbourhoods / Communities

-Open (not gated) Neighbourhoods / Communities

Serviced Estates: These estates boasts of a central management authority. Most times they are the most organized estate and they possess good infrastructures. The services provided in these serviced estates are: security, waste management, road & drainage maintenance, sanitation of the environment, water supply and electricity in some instances. These estates are always properly planned and have a deed of restrictions which allows those purchasing properties in the area to be aware of the kind and type of structures that can be built there.

Gated Neighbourhoods: In these type of neighbourhoods, those living there collectively decide to gate their streets and by so doing, restrict entry by non-residents, and this helps in lowering the rate at which crime is committed in the neighbourhood. Moreso, the state of road and drainage systems is also determined by those residing in the area. When they’ve decided on the best way to construct and maintain the roads and drainage channels in the neighborhood, they contribute towards it and take care of the project.

PROPERTY PRICES AND RANGE

The price of properties in the Lekki is determined by a variety of factors. Some of these factors include Distance to Victoria Island and Ikoyi, title documents, Infrastructure and demand

Lekki phase 1 & Environs: Property here is regarded as the most expensive because it is close to Victoria Island & Ikoyi. It equally boasts of good title documents, and it is well planned. All these makes properties located here to be in very high demand thus leading to the very high price. Land in Lekki goes for 150,000 naira and 250,000 naira per sqm. On the other hand houses go for as high as 100,000,000 naira to 500,000,000 naira. This however is dependent on the structure and size of the land that the house is built on.

Ikate & Environs: Ikate is found after the Lekki scheme 1 project. As a result of the high demand, properties appreciated and the prices skyrocketed in a short period of time. Some individuals who find properties in the scheme 1 to be very expensive purchase properties here instead. Land in this area goes for 100,000 naira to 200,000 naira per sqm, and houses are sold within the range of 60,000,000 naira to 180,000,000 naira.

Osapa & Environs: Currently land in Osapa goes for about 92,000 naira to 120,000 naira per sqm, and houses are within the range of 55,000,000 naira to 200,000,000 naira. Osapa is highly sought after by property developers. A lot of houses in the area were built by developers and then sold or rented out to interested persons. Presently, properties in the area are highly demanded.

Chevron & Environs: It would take roughly 20 minutes drive to get to Victoria Island or Ikoyi from Chevron. Chevron is presently one of the highbrow residential areas in Lekki. This is as a result of the Chevron Headquarters in the vicinity. Moreso the Chevron staffs needed accommodation close to their place of work, hence residences were in demand in the area. This led to the construction of well-planned estates within the area. Land in Chevron would go for 43,000 naira to 150,000 naira per sqm and houses are sold for about 40,000,000 naira to 150,000,000 naira.

OTHER AREAS IN LAGOS

Land In Ajah

Land In Epe

Land In Gbagada

Land In Ilupeju

Land In Ipaja

Land In Magodo

Land In Maryland

Land In Ogudu

Land In Ojodu

Land In Surulere

Land In Victoria Island

Land In Yaba

All are filed under LAND FOR SALE IN LAGOS

Lekki Phase 1

Lekki Phase 1 is a properly planned and maintained residential area by the Lagos state government. It is situated in Eti-Osa Local Government Area of Lagos State. The area currently referred to as Lekki Phase 1 was formerly known as Maroko which was a slum before it was demolished by Raji Rasaki of the then Lagos State military Government.

Presently, Lekki phase 1 is seen as one of the most expensive places to live in Nigeria. It presently is an area that experiences a high level of real estate activities because properties appreciate at a very fast rate and the prices are on a very high side. The properties in Lekki phase 1 are expensive and appreciate at a very fast rate as a result of high demand for land in the area for commercial and residential purposes. Another reason for this is that the area is quite close to Victoria Island and Ikoyi.

Lekki Phase 1 keeps developing at a very fast rate. It boasts of many places for recreation and relaxation. The area is very active commercial wise as it has many business establishments such as restaurants, shopping malls, boutiques, hotels, bars, lounges etc. Examples of recreation centers in Lekki Phase 1 are Fun Factory for children, Lekki Tennis Club, Lekki Waterside, Funtopia Leisure Resort, Funturf, Flamingo gaming, play barn for children amongst others.

ADMIRALTY WAY

A well known road in Lekki Phase 1 is Admiralty Way. It is the longest road in Lekki phase 1 roughly 70 to 80 km long, and connects different parts of Lekki Phase 1. The entrance is well known as Lekki bus stop. This is found at the 1st roundabout along The Lekki Epe Expressway. Admiralty way boasts of a few of the huge investments in Lekki Phase 1 and is point for a lot of business ventures such as schools, churches, restaurants, hospitals, eye clinics, pharmacies, banks, fitness centers, amongst others. It equally has a Police post, a fire station, and postal service. Notable shopping malls in the area include Prince Ebeano supermarket, Daytona supermarket , Samit mall, etc. Admiralty way equally has some relaxation lounges such as Sailors lounge, Bay lounge, amongst others.

FREEDOM WAY

Freedom way is off-Admiralty, specifically at the end of Admiralty way. If you follow that way you’ll get to the 3rd roundabout of the Lekki – Epe Express that is Ikate bus stop. Dome Church is situated on Freedom Way.

ADEWUNMI ADEBIMPE DRIVE

Adewunmi Adebimpe Drive is situated at the 2nd roundabout, well.known as Maruwa Bus stop. Many of the streets lead to different parts of Lekki phase 1. The end of the drive is a T-junction. Taking right leads to the Lekki Central Mosque and the 3rd roundabout. Left of that road lead to Dowen College Lekki and Admiralty Way. One can escape huge traffic on the Lekki-Epe Expressway if you ply this route. Mobolaji Johnson Place which is an estate that served as a military guesthouse in the 90s and later renovated to match modern style is situated on this drive.

Typical Property Prices in Lekki Phase 1:

Land at Lekki Phase 1 can be sold for about 170,000 naira per square meter.

A 3 bedroom flat goes for about 50 million naira to 70 million naira.

A 4 bedroom flat goes for about 60 million naira to 100 million naira.

A 4 bedroom terraced duplex goes for about 60 million naira to 120 million naira.

A 4 bedroom semi-detached duplex goes within the range of 100 million naira to 170 million naira.

A 5 bedroom fully detached duplex goes within the range of 170 million naira to 300 million naira.

Ologolo

Ologolo is found on the Lekki Epe expressway, immediately before you get to the notable Agungi bus stop. It will take roughly 20 minutes drive to get to Ologolo from Victoria Island. However this could take about 25 – 55 minutes drive when there is heavy traffic. One can easily get into Ologolo as movement is not restricted in any way in the area but there are some estates in the area that restrict movement. Currently the area does not have a central management authority.

Ologolo has two main entrances and exits with a partly interlocked central road with drainage on the two sides. Not every street in Ologolo is in great shape, but due to the presence of estates, most of the roads are in good condition and are managed properly because the residents of the estates put heads together to build and properly maintain their roads. There is hardly any area in Lagos that does not experience commercial activities and Ologolo is not left out. The type of buildings and houses that are found mostly in the area are, duplexes or apartment blocks.

Osapa London

Osapa London is a fast developing area in Lekki and real estate companies would tell you it’s the newest property investment hub harbouring the largest retail giant in Nigeria ‘ShopRite’.

Property value appreciates by 6% to 10% every year according to Lagos state surveyors

CHEVRON DRIVE

Chevron area of Lekki is found between Igbo-Efon & VGC. It would take about 20 minutes drive from Chevron before you get to Victoria Island if there is less traffic and it will take roughly 45 minutes if there is much traffic. Chevron is mostly made up of high brow residential buildings and high property prices. You can get land in the area from 43,000 naira – 150,000 naira per sqm, while a plot of land can go for 28 million naira – 98 million naira. Houses on the other hand go for as high as 40 million naira – 150 million naira.

The Chevron area is properly developed with good road network and drainage system. Most part of the area is made of residential buildings and estates. However shopping plazas, restaurants and petrol stations can also be found within the area. There are really good infrastructure in the area but a few places.

As expected of a high brow area like Chevron, there are some notable hangout, relaxation spots and restaurants such as Mega Chicken, Lekki Conservation Centre, Alpha Beach, Dreamworld Africana and Orchid hotel which boasts of a swimming pool and a lounge.

BEST PLACES TO LIVE IN CHEVRON

As earlier pointed out, not all areas in Chevron is really great. Some of the best places to reside in Chevron are;
Northern Foreshore Estate : Northern Foreshore Estate is a great place to reside. It is gated, solely residential and properly managed estate just off of Chevron drive. The Northern Foreshore estate boasts of a central estate management, central water supply unit that ensures that there is 24 hours of treated water supplied to the estate, central generators that provide 24hours of electricity, good road network, good drainage system, a playground and sports facilities.

Carlton Gate Estate : Carlton Gate is an equally great place to reside in Lagos. It is a highbrow residential estate also found in Chevron. This estate also has a central management authority, central water supply unit, good network of road and drainage system, a playground and generators that power streetlights and ensures a steady water supply. The estate occupies about 40 hectares of land. It is a joint venture of Megamound Limited and Ojomu Chieftaincy family.

WORST PLACES TO LIVE IN CHEVRON

Now let’s take a look at some of the worst places to live in the chevron area.

Igbo- Efon: The Igbo-Efon area is one of the not so attractive areas to reside in the Chevron area. There is a poor road network as the road in the area is narrow and not particularly in a good condition. The Igbo-Efon area is not gated like other areas in chevron and this poses some security risks. More so, commercial activities are not so great in the area.

Atlantic View Estate : The Atlantic View Estate got it’s name from the Atlantic Ocean as it is close to the ocean. It actually boasts of some good infrastructures and facilities. However, some of these structures and facilities in the estate are dilapidated as a result of the proximity of the estate to the Atlantic ocean. There are a lot of instances where the estate was affected by Ocean Surge and this badly affected the people living there at that time. Nevertheless, a lot of work has been done and more work is still going on at the estate as the the Lagos State Government is doing its best to ensure that that type of occurrence does not repeat itself.

Now that we’ve looked at the best and worst places in the area, let’s talk about some of the advantages of residing in the Chevron area.

-It is properly developed
-There is low crime rate in the area
-There is good road network
-Due to its location there is less traffic to V.I. It would take about 20 minutes drive.

For those who want to resell property. or who are into real estate, property. appreciates very fast so you are. assured of quick returns.

As you know, whatever has an advantage also has a disadvantage. In this case, the obvious disadvantage of that the area is that properties are expensive. This is not favourable to those who want to acquire properties in the area.

A lot of the people living in the area are mainly high income earners that can afford fully serviced estates or middle income earners that acquired properties when it was cheaper.

IDADO

Idado is situated along the Lekki-Epe expressway. It is sandwiched between Jakande and Chevron. It will take about 15 minutes’ drive if there is less traffic to get to Victoria Island and Ikoyi from Idado. But if there is heavy traffic, then it will take roughly 30 to 45 minutes to get to Victoria Island and Ikoyi.

Idado though a gated community does not have a central management authority. However, it boasts of a fully operative landlords association. Idado though still a developing area, has many constructions going on and houses keep on springing up. The main road in the area is interlocked, and has drainage systems on the two sides of the road.

As earlier pointed out, Idado is a gated community. Nevertheless, movement is not restricted, and one can get in and out through various ways. There are security guards but they are only at the main entrance gate. Majority of the houses in Idado are duplexes but they are not of the same style or pattern because everyone acquires land and develops it to their own standard and style.

The area has one main entrance gate and this is where the security guards are stationed. But movement is not restricted in any manner and most times they do not search the cars entering or leaving. Nevertheless, the area is relatively safe and crime rate is very low.

Idado is not yet fully developed but it has a substantially good road network. While the main roads and some other streets have good interlocking, others are not so great and while some roads boasts of good drainage on the two sides of the road, others do not which explains why there are puddles scattered across some roads on some occasions resulting in difficulty and no ease of movement by motorists and pedestrians.

Just like land and landed property anywhere in the country, properties also appreciate in Idado. However it does not appreciate at a very fast rate like some of the well developed areas like Ikoyi, Victoria Island and other parts of Lekki.

Like we pointed out earlier, landlords are not restricted to building their houses in a particular model or style. Once you acquire a property in the area you can build on it in any manner you want according to your own taste, style and standard.

If you say the residents of the neighbourhood do not have time for outside beautification of their houses, you could be right. Most times it stops at basic painting of the walls. Decorations of any kind be it flowers, trees or statues are very few and can only be found outside a few of the houses.

Agungi

Agungi is found along the Lekki-Epe expressway between the 5th & 6th roundabouts. It will take 15 minutes drive or thereabout to get to Victoria Island when there is less traffic and about 20 – 45 minutes drive when traffic is much. Presently, Agungi has no central management authority, however, there are various operational residents association in the area.

One can freely get into Agungi as the area is not gated. Nevertheless, some streets are gated and these gates have security guards manning them. Majority of the houses found in Agungi are either family duplexes or apartment blocks.

The central road in Agungi is interlocked with drainage channels on the two sides of the roads. Majority of those living in the area are middle-income earners. There is no central water supply system and all houses located there have personal boreholes and water treatment plants. Waste management in the area is taken care of by the Lagos State Waste Management Authority (LAWMA). The service charge is not steady but changes from time to time. However the average service charge is around 5,000 naira.

Agungi is an area that has boasts of different types of properties varying in price, size and location. As earlier pointed out, the area has a lot of family duplexes mostly 4-5 bedroom. It equally has quite a number of apartment blocks and flats. In addition, bungalows can also be found in the area. Majority of the apartment buildings in Agungi are more often than not put up for rent. A lot of those living in Agungi purchased lands and built their houses to their own taste and standard.

Typical plot price:

Purchasing land in Agungi would cost about 92,000 – 120,000 thousand naira per Sqm. A plot would cost up to 60 – 78 million naira

As earlier pointed out, some streets are gated and in these gated neighbourhoods, residents put heads together and each contributes so their roads can be paved and a good drainage system provided. Service charge for other services such as security and waste disposal and maintenance of the roads is not the same. Different streets have different rates but the average amount is usually 5000 naira. But if the road on the street is interlocked then the service charge is likely to be higher so as to maintain the road.

Security in Agungi is okay and the crime rate is very low because majority of the street roads are gated and there are armed security guards manning them.

The major route to take from Agungi while going to Victoria Island is the Lekki express.

The central road within Agungi is manageable and interlocked. Not all the street roads in the area are interlocked and the state of street road depends on those living on the street. Those living on the street are the ones to decide whether to interlock or tar their roads and they contribute towards that.

Agungi has experienced series of flooding many times. The central road is mostly affected by the flooding particularly during the rainy season and this is as a result of the fact that the drainage system is poor. The drainage system is blocked in most locations so there is no free flow of water and this leads to the flooding.

Lands and houses within Agungi area appreciate very well. A lot of people have tied this to it’s proximity to Lekki and Victoria Island. Though properties in Agungi appreciate at a very fast rate, they are still cheaper when compared to other properties in some parts of Lekki

The neighborhood is not a terribly dirty one. It is substantially okay when it comes to cleanliness. However, a lot of the places in the area have no landscape. Individuals can get into Landscaping for their properties if they so desire. It is entirely personal.

Waste management and disposal is taken care of by the Lagos state government. The streets in the area that are not gated and has no guards stationed are always dirtier than the areas that are gated. Also, heaps of dirt can be found at some locations in Agungi.

There many schools in the Agungi area to choose from if you are in search of one for your children or ward. Examples of the popular schools in the area are;

-Mapland Schools
-Gracefield Schools
-Troika Schools
-Grand Oakbridge Montessori school

Typical of most neighbourhoods, there are pharmacies within Agungi that cater for the pharmaceutical needs of the people living in the area. There are equally clinics that can be found in the area. The most popular of these clinics currently is the First City Hospital.

Some of the banks that can be found in the area include: Diamond Bank which is located close to the Agungi bus stop and Sterling Bank located at the Agungi bus stop. ATMs are also scattered at various locations within the area so the banking needs of those residing there are substantially met.

Hotels are also found in the neighborhood. Some of the well known hotels include hotels include Dmatel hotels and Lekki Oxfords hotels. These hotels boasts of lounges as well. Other notable relaxation spots include Domino’s Pizza, Cold Stone, Rooftop Lekki Chinese, Memories kitchen.

Agungi area is one that is known for its lively commercial activities. There are quite a number of malls to be found in the neighborhood. There is the Agungi shopping mall which is located at the Agungi entrance, Shoprite (the circle mall) is just less than 5 minutes drive from the Agungi bus stop, and the Agungi market.

Middle income earners can comfortably acquire properties in Agungi and develop it in any style they choose to any standard that they are comfortable with.