Nigeria Property Centre
Smilebay Realties Limited

Smilebay Realties Limited

Chevron Dr 4, FL 2 Lekki, Lagos, Nigeria
10 years on Nigeria Property Centre smilebay.estateagentsng.com
WhatsApp
39 Active
35 For sale
1 For rent
0 Short let
3 Areas

Areas covered

3 areas

Lekki 19 Ikoyi 11 Victoria Island (VI) 9

Listings

1–20 of 39

All For sale For rent Short let JV
2500 SQMS Residential Land
Premium
1
$1,800

Residential land for sale

2500 SQMS Residential Land

Eko Atlantic City, Victoria Island. Downtown District. 2,500 SQM. $1,800 per SQM. $4,500,000 Total. Protected By an 8.5km Sea Wall Engineered for 1,000-Year Storm Surges. This Is Land Lagos's Flooding Problem Was Built to Never Touch. The problem There is a category of Lagos land buyer who has already accepted a hard truth most of the city hasn't: that flooding and drainage failure on the mainland and even parts of the Island are not occasional inconveniences. They're structural, recurring, and getting worse as sea levels and rainfall intensity both climb. That buyer isn't looking for another plot in a flood-exposed axis with a nice address attached. They're looking for the one part of Lagos that was engineered, from the ground up, specifically to solve that problem --- not manage around it. Eko Atlantic exists because of Lagos's flooding, not despite it. The project's origin traces back to a 2005 government proposal aimed squarely at permanently solving the erosion and flooding crisis at Bar Beach. What got built in response is an 8.5km sea defence --- the "Great Wall of Lagos" --- plus centralized drainage and water treatment systems designed into the city rather than retrofitted onto it. This listing is 2,500sqm in the Downtown District, inside that wall, at $1,800/sqm. The agitation Here's the pricing reality across Eko Atlantic right now, and where this parcel actually sits inside it. Land here is priced in three bands depending on zone: inner-city plots start from roughly $1,250/sqm, major road and boulevard-front plots run from about $2,000/sqm, and oceanfront parcels start north of $3,000/sqm --- with Financial District and Marina land reportedly pushing past $3,000/sqm as those zones near completion. This listing, at $1,800/sqm in Downtown District, sits between the inner-city floor and the boulevard tier --- priced as core Eko Atlantic land, not premium waterfront, and not entry-level either. For comparison, elsewhere on Victoria Island right now: an 8,000sqm waterfront parcel is listed at $12.5M, working out to roughly $1,562/sqm --- cheaper per sqm, but outside the sea wall and exposed to VI's ordinary drainage infrastructure rather than Eko Atlantic's purpose-built system. A 3,500sqm VI parcel is listed at ₦12,250,000,000, which at current exchange rates works out to roughly $2,500--2,600/sqm --- meaningfully more expensive than this Downtown District plot, for land that doesn't carry the same engineered flood protection. The pattern across the wider district is upward. A neighbouring oceanfront zone adjacent to Eko Atlantic has recorded independently verified land appreciation of between 660% and 751% between 2021 and 2026 --- driven specifically by investor demand for flood-protected coastal land as Lagos's broader drainage problems intensify. Eko Atlantic is the original version of that trade. Every month this specific Downtown District entry point remains at $1,800/sqm is a month closer to it repricing toward the boulevard and oceanfront tiers already in motion around it. The solution 2,500 square metres of vacant residential land, Downtown District, Eko Atlantic City, Victoria Island. $1,800 per square metre. $4,500,000 total. Here is what this specific asset delivers: Downtown District location. One of Eko Atlantic's core planned zones, inside the same master-planned infrastructure grid as the Financial District and Marina, without carrying the premium those two zones now command as they approach completion. You're buying into the city's structure at a mid-tier entry point, not its most expensive one. Engineered flood protection, not assumed safety. The Great Wall of Lagos is a documented, 8.5km sea defence structure designed to withstand storm surge conditions rated for a 1,000-year event. Centralized drainage and water treatment systems were built into Eko Atlantic's master plan specifically to eliminate the standing water and open-gutter flooding that affects large parts of Lagos, including some of its most expensive addresses. This is not a claim unique to this listing --- it's the documented premise the entire city was built on. Independent infrastructure. Eko Atlantic operates its own dedicated power generation, meaning residents and developers inside it aren't dependent on the same grid strained across the rest of Lagos. Water treatment is centralized rather than left to individual boreholes. 2,500sqm --- a genuine development footprint. Large enough to support a private residence at the scale this address demands, or a mid-rise development within Eko Atlantic's zoning parameters, without the footprint constraints smaller plots in the district carry. $1,800/sqm --- positioned below the district's premium tiers. At $4.5M total, this parcel is priced below comparable VI land outside the sea wall, and meaningfully below Eko Atlantic's own oceanfront and near-complete Financial District pricing --- the version of this trade available before the district's remaining undeveloped land closes out. Why this beats the alternatives on the table. A cheaper plot outside Eko Atlantic saves money upfront but inherits Lagos's broader drainage exposure --- the exact risk this district's sea wall and internal systems were engineered to remove. A pricier oceanfront or Financial District plot inside Eko Atlantic offers a more prestigious sub-address, but at a per-sqm cost this Downtown District parcel doesn't carry. The call to action 2,500sqm. Downtown District, Eko Atlantic City, Victoria Island. $1,800/sqm. $4,500,000 total. The buyer for this parcel is someone who has already ruled out building or buying in a flood-exposed part of Lagos, and is deciding between Eko Atlantic's remaining Downtown District entry points and its pricier, near-complete oceanfront and Financial District land. Call or WhatsApp Smilebay Realties: +234 901 517 4801. Serious inquiries only. Title and zoning documentation available on request. The wall is already 8.5 kilometres of concrete standing between this land and the water. The drainage is already built underground, not promised for later. The only thing not yet decided is whose name goes on this parcel. Land Type: Residential Land (Vacant) Size: 2,500 sqm Price: $1,800/sqm --- $4,500,000 total (≈₦2,457,907/sqm at posted conversion rate) Location: Downtown District, Eko Atlantic City, Victoria Island (VI), Lagos Flood Protection Context: Eko Atlantic is protected by the Great Wall of Lagos, an 8.5km engineered sea defence rated for 1,000-year storm surge events, with centralized drainage and water treatment built into the city's infrastructure. NPC Comparable Context: 8,000sqm waterfront land, VI (outside Eko Atlantic) --- $12,500,000 (≈$1,562/sqm) 3,500sqm land, VI --- ₦12,250,000,000 (≈$2,500--2,600/sqm) Eko Atlantic district-wide range: inner-city from $1,250/sqm; major roads/boulevards from $2,000/sqm; oceanfront from $3,000/sqm This listing: 2,500sqm, Downtown District, Eko Atlantic --- $1,800/sqm, $4,500,000 total Posted: 26 July 2026 Listed by: Smilebay Realties Limited --- Ref: #359-048-4

Eko Atlantic City, Victoria Island (VI), Lagos Added today
2000 SQMS Mixed Use Land
Premium
1
₦2,200,000

Mixed-use land for sale

2000 SQMS Mixed Use Land

Bishop Oluwole Street. Victoria Island. 2,000 SQM. ₦2,200,000 per SQM. ₦4,400,000,000 Total. Lagos State Certificate of Occupancy. Directly Opposite Eko Atlantic's Gate. This Is the Street the Whole District Is Building Toward. The problem There is a category of Victoria Island land transaction that most brokers advertise loosely and few actually deliver cleanly --- a genuine bareland parcel, on a named A-grade VI street, with a straightforward C of O, priced inside the street's real trading range rather than padded for a buyer who hasn't done their homework. Bishop Oluwole Street is one of the most actively traded land corridors on the island --- sitting directly opposite Eko Atlantic City's entrance, on the same axis as Ahmadu Bello Way and within reach of the Adeola Odeku commercial belt. Because of that position, it's also one of the most inconsistently priced streets in VI, with asking prices from different sellers ranging from ₦1.5M/sqm distress listings to ₦2.5M/sqm Governor's Consent parcels --- a spread wide enough that a buyer who doesn't check the actual comparable trades can easily overpay or misjudge a genuine deal as inflated. This listing removes that guesswork. 2,000sqm, Bishop Oluwole Street, Lagos State C of O, ₦2,200,000/sqm. The agitation Here is what the real, currently active comparable market on this exact street shows. Multiple bareland parcels of similar size on Bishop Oluwole Street are trading at ₦2,000,000/sqm with a standard C of O. A premium commercial parcel on the same street, also 2,000sqm, is listed at ₦2,400,000/sqm --- ₦4.8 billion total --- marketed specifically on its proximity to the financial district, embassies, and Eko Atlantic. A separate 2,000sqm parcel on the same street, with Governor's Consent already secured, is asking ₦2,500,000/sqm. Nearby, commercial land along Adeola Odeku --- a short distance from this street --- has traded at ₦3,200,000/sqm. This listing --- 2,000sqm, Bishop Oluwole Street, ₦2,200,000/sqm --- sits precisely between the standard ₦2,000,000/sqm bareland trades and the ₦2,400,000/sqm premium commercial comparable on the same street. It's priced above the basic entry point, reflecting real demand on this corridor, and below the premium tier and the Adeola Odeku benchmark --- without requiring the buyer to negotiate a Governor's Consent upgrade themselves, since the title here is already Lagos State C of O. Every week this parcel sits unsold at this price is a week closer to it trading toward the ₦2,400,000--2,500,000/sqm tier already active on the same street. The solution 2,000 square metres of vacant land, Bishop Oluwole Street, Victoria Island. Lagos State Certificate of Occupancy. ₦2,200,000 per square metre. ₦4,400,000,000 total. Here is what this parcel delivers: Bishop Oluwole Street position. Directly opposite Eko Atlantic City's entrance gate, on the same corridor as Ahmadu Bello Way, minutes from the Adeola Odeku commercial cluster. This is not a street building its reputation --- it's one already carrying it, evidenced by the range of active premium and standard trades happening on it simultaneously. Lagos State Certificate of Occupancy. A straightforward, recognized title instrument, ready for solicitor review, without the added step of a family-grant C of O requiring further verification or a Governor's Consent application still pending. 2,000sqm mixed-use footprint. Sized appropriately for a high-rise commercial or mixed residential-commercial development, consistent with what's already being built and traded on this exact street. ₦2,200,000/sqm --- positioned inside the real trading range, not above it. Priced above the basic bareland comparables on the same street, reflecting genuine demand, and below both the premium commercial parcel and the Adeola Odeku benchmark nearby. Why this beats the alternatives on the table. The ₦2,000,000/sqm comparables on this street are priced lower, but several are distress sales or lack the same immediate C of O clarity. The ₦2,400,000--2,500,000/sqm comparables cost more for a marginally stronger title position or marketing angle this parcel already effectively matches through its C of O and location. This is the mid-market, clean-title entry point on a street where both the floor and ceiling of pricing are already well established. The call to action 2,000sqm. Bishop Oluwole Street, Victoria Island. ₦2,200,000/sqm. ₦4,400,000,000 total. Lagos State C of O. The buyer for this parcel is a developer or investor who has already priced the Bishop Oluwole corridor against its real comparables --- not someone forming a first impression of VI land. Call or WhatsApp Smilebay Realties: +234 901 517 4801. Title documentation available for immediate solicitor review. Site visit arrangeable this week. The street is already active. The comparables are already trading. The only open question is which parcel on it carries your name. Land Type: Mixed-use Land (Vacant) Size: 2,000 sqm Price: ₦2,200,000/sqm --- ₦4,400,000,000 total Title: Lagos State Certificate of Occupancy Location: Bishop Oluwole Street, Victoria Island (VI), Lagos --- directly opposite Eko Atlantic City's entrance gate NPC Comparable Context (Bishop Oluwole Street & adjacent VI corridor): 2,000sqm bareland, Bishop Oluwole St --- ₦2,000,000/sqm (multiple active listings) 2,000sqm commercial, Bishop Oluwole St, premium C of O --- ₦2,400,000/sqm (₦4.8B total) 2,000sqm, Bishop Oluwole St, Governor's Consent --- ₦2,500,000/sqm 4,349sqm commercial, Adeola Odeku (adjacent corridor) --- ₦3,200,000/sqm This listing: 2,000sqm, Bishop Oluwole St --- ₦2,200,000/sqm, ₦4,400,000,000 total Posted: 26 July 2026 Listed by: Smilebay Realties Limited --- Ref: #359-048-3

Bishop Oluwole, Victoria Island (VI), Lagos Added today
5000 SQMS Mixed Use Land
Premium
1
₦3,000,000

Mixed-use land for sale

5000 SQMS Mixed Use Land

Ahmadu Bello Way. Victoria Island. Opposite Eko Atlantic's Gate. 5,000 SQM. ₦3,000,000 per SQM. ₦15,000,000,000 Total. Certificate of Occupancy. Larger Sizes Available. This Is the Corridor Where VI's Old Money Meets Eko Atlantic's New Money. The problem There is a category of Victoria Island land that rarely comes to market at genuine scale --- not 900sqm, not 2,000sqm, but a 5,000sqm parcel large enough to anchor a serious commercial or mixed-use development, sitting directly on Ahmadu Bello Way, opposite the entrance to Eko Atlantic City itself. Most VI land offered at this size is either landlocked away from a primary road, split across non-contiguous titles, or priced without regard to what's actually trading on the same corridor. Ahmadu Bello Way is one of VI's original arterial roads --- predating Eko Atlantic, running alongside it, and now positioned as the direct handoff point between the island's established commercial core and the new coastal city rising beside it. This listing is 5,000sqm on that road, C of O, ₦3,000,000/sqm --- with larger contiguous sizes available for a buyer whose development plan needs more. The agitation Here's what the comparable market on and around Ahmadu Bello Way actually shows. A 2,800sqm parcel on Ahmadu Bello Way, carrying a Federal C of O and an existing office structure, is listed at ₦9,000,000,000 --- working out to roughly ₦3,214,000/sqm. A fenced 2,500sqm bareland parcel elsewhere on VI is listed at ₦6,250,000,000, or ₦2,500,000/sqm. Commercial land on the adjacent Adeola Odeku corridor has traded at ₦3,200,000/sqm. This listing --- 5,000sqm, Ahmadu Bello Way, opposite Eko Atlantic's gate, ₦3,000,000/sqm --- sits just below the improved Ahmadu Bello Way comparable (which carries the premium of an existing structure and Federal-grade title) and above the fenced bareland comparable elsewhere on the island. That's the correct position for bare land, at scale, on one of VI's most direct routes into Eko Atlantic. What the pricing doesn't fully capture yet is the corridor effect. Ahmadu Bello Way's value proposition has shifted since Eko Atlantic broke ground --- it is no longer simply an old VI arterial road, it is the entry corridor to a city that's pricing its own internal land at $1,250 to over $3,000 per sqm and appreciating fast. Every month this parcel remains unsold, it does so on a road whose relevance to the adjacent, appreciating district only grows. The solution 5,000 square metres of vacant land, Ahmadu Bello Way, opposite Eko Atlantic City's gate, Victoria Island. Certificate of Occupancy. ₦3,000,000 per square metre. ₦15,000,000,000 total. Larger contiguous sizes available. Here is what this parcel delivers: Ahmadu Bello Way position, opposite Eko Atlantic's gate. A primary VI arterial road that now also functions as the direct approach to Lagos's most actively appreciating coastal district. This address benefits from both VI's established commercial density and Eko Atlantic's forward momentum, without being priced at Eko Atlantic's internal oceanfront rates. 5,000sqm --- genuine development scale. Large enough to anchor a commercial tower, a mixed-use development, or an institutional-grade project, without the footprint constraints of the smaller 900--2,000sqm parcels that dominate most VI land listings. Larger sizes available. For a developer or family office whose plan requires more than 5,000sqm, this listing extends --- a rare scaling option on a corridor where most available parcels are fixed and non-negotiable in size. Certificate of Occupancy. A recognized title instrument ready for solicitor review, positioning this parcel for straightforward due diligence rather than a title chain requiring reconstruction. ₦3,000,000/sqm --- priced against the corridor's real comparables. Below the improved Ahmadu Bello Way parcel with its existing structure and Federal C of O premium, above the fenced bareland comparable elsewhere on the island, and in line with the adjacent Adeola Odeku commercial benchmark. Why this beats the alternatives on the table. Smaller VI parcels elsewhere cost less in total but cap what can be built. Land inside Eko Atlantic itself, at the Financial District or Marina rates now exceeding $3,000/sqm, costs meaningfully more per sqm for a comparable development outcome. This parcel sits at the handoff point between the two --- VI-grade C of O, Eko Atlantic-adjacent momentum, at a scale few sellers on this corridor can currently match. The call to action 5,000sqm. Ahmadu Bello Way, opposite Eko Atlantic's gate. ₦3,000,000/sqm. ₦15,000,000,000 total. C of O. Larger sizes available. The buyer for this parcel is a developer or institution planning at genuine scale on one of VI's primary corridors --- not evaluating VI land for the first time. Call or WhatsApp Smilebay Realties: +234 901 517 4801. Title documentation available for immediate solicitor review. Ask about larger contiguous sizes. The road already runs straight to Eko Atlantic's gate. The scale is already available if your plan needs more. The only variable left is whose name goes on the C of O. Land Type: Mixed-use/Residential Land (Vacant) Size: 5,000 sqm (larger contiguous sizes available) Price: ₦3,000,000/sqm --- ₦15,000,000,000 total Title: Certificate of Occupancy Location: Ahmadu Bello Way, opposite Eko Atlantic City gate, Victoria Island (VI), Lagos NPC Comparable Context: 2,800sqm, Ahmadu Bello Way, Federal C of O, existing office structure --- ₦9,000,000,000 (≈₦3,214,000/sqm) 2,500sqm fenced bareland, VI --- ₦6,250,000,000 (₦2,500,000/sqm) Commercial land, Adeola Odeku (adjacent corridor) --- ₦3,200,000/sqm This listing: 5,000sqm, Ahmadu Bello Way --- ₦3,000,000/sqm, ₦15,000,000,000 total Posted: 26 July 2026 Listed by: Smilebay Realties Limited --- Ref: #359-047-9

Ahmadu Bello Way, Victoria Island (VI), Lagos Added today
2-Bedroom Fully Serviced Apartment
Premium
2
₦500,000,000

Flat / apartment for sale

2-Bedroom Fully Serviced Apartment

You Have the Title. The Salary. The Respect at Work. So Why Are You Still Begging Lagos for Peace? The problem It's Thursday evening. You just wrapped a back-to-back day. Two board presentations. One escalation call you didn't see coming. A sprint review that ran 45 minutes over. You leave the office at 7:15 PM thinking you might catch dinner at home. You won't. You're on Adeola Odeku, then Ozumba Mbadiwe, then --- nothing. A standstill. Okada horns. Bus fumes baking in the heat. Your Uber driver is sighing. Your collar is damp. You have 11 unread WhatsApps and zero energy to open any of them. You finally get in at 9:40 PM. Your spouse is already in bed. Your child didn't wait up. You eat alone. You scroll. You sleep. You wake up and do it again. This isn't a rough patch. This is the structure of your life. The agitation The brutal part? You are not a struggling person. Your account looks fine. Your designation is senior. Your company car is clean. People call you for advice. But you are still renting. Which means someone else --- your landlord, who likely earns a fraction of what you earn --- is deciding the terms of your life. He decides what gets fixed and when. He decides when the rent goes up. He decided, two Novembers ago, to add a new "estate development levy" to your renewal and you paid it because you had no choice. Your last rent was ₦7 million per year. Before that it was ₦4.5 million. Before that, ₦3 million. You have been paying this man --- one who does not work your hours, does not carry your pressure, does not sit in your traffic --- more money every single year. With nothing to show for it on your balance sheet. Meanwhile, your colleague who bought on VI four years ago is sitting on an asset that has nearly doubled. He is not smarter than you. He just stopped renting sooner. Every month you wait is a month you fund someone else's equity. The solution This apartment on Ajose Adeogun Street, Victoria Island is not a property. It is the restructuring of your entire daily life. Here is what changes the moment you own it: Your commute ends. Ajose Adeogun sits in the heart of VI. Your office, your bank, your biggest client --- all within 5 to 15 minutes. The hours you bleed daily on the road? You get them back. That is time with your family. That is sleep. That is clarity you haven't had in years. No landlord. No lease. No renewal negotiation. Nobody knocks on your door unannounced. Nobody sends you a letter in October telling you what your home will cost next year. You own it. The conversation is over. It is fully serviced. That means estate management is handled. The common areas, the facilities, the infrastructure --- maintained. You are not moving into someone else's problem. You are moving into a system that works. It is fully fitted and finished. Move-in ready. Not a project. Not "almost done." Done. Your time is too valuable for construction drama. Two bedrooms. Two bathrooms. Three toilets. Room to breathe. Room for your child. Room for a guest. Space that reflects who you actually are --- not who your rent budget forced you to become. The title documents are clean and available for due diligence. No stories. No family land disputes. No pending litigation. The paperwork is ready. You verify, you proceed. The address is its own insurance. Ajose Adeogun, Victoria Island. This corridor does not lose value. It absorbs naira inflation. It commands rental income. If you ever choose to let it, this apartment earns rental returns that will make the purchase price look conservative within a few years. The ask: ₦500,000,000. Clean. Documented. Serviced. Ready. The call to action This is a short conversation for a specific kind of person. Not someone browsing. Not someone who will "think about it" for eight months while rent counts up. This is for the senior professional who is genuinely done --- who has the capital or the financing structure and wants to move with information, not emotion. If that is you, reach out to Smilebay Realties directly. One call. One viewing. You will walk in and know within ten minutes whether this is the decision you've been delaying for too long. Call or WhatsApp: +234 901 517 4801 Because the only thing more expensive than this apartment is another three years of paying rent on someone else's asset while yours stays at zero. 2 Bedrooms 2 Bathrooms 3 Toilets Fully Serviced Clean Title Documents Available Ajose Adeogun Street, Victoria Island, Lagos Ref: 3474749 Listed by Smilebay Realties Limited

Anode Adeogun, Victoria Island (VI), Lagos
2 2
2-Bedroom Apartment Saka Tinubu Street, Victoria Island
Premium
10
₦500,000,000

Flat / apartment for sale

2-Bedroom Apartment Saka Tinubu Street, Victoria Island

You Earn Well. So Why Does Your Life Feel Like a Punishment? The problem It's 6:47 AM. Your alarm went off at 5. You didn't sleep well --- the generator ran out of fuel at 2 AM and your landlord's gate man didn't refill it. Again. You leave early to beat traffic. You don't beat traffic. You're on Ozumba Mbadiwe at a full stop, sweating through your shirt, watching your 8 AM meeting disappear in the rearview mirror. Your phone is ringing. Your boss doesn't understand why you're late --- he lives in Ikoyi, two minutes from the office. You get in. You perform. You close deals. Then you do the whole thing in reverse. You get home at 9 PM. Your child is already asleep. Again. This is not a bad week. This is your life. The agitation Here's what nobody says out loud: You are one of the highest earners in your peer group. Your title is impressive. Your salary hits a number most Nigerians will never see in a year. And yet --- you are renting someone else's property. Paying rent that went up 40% last year. Paying rent that will go up again next year, because your landlord knows you have no real option. He can knock on your door unannounced. He can refuse repairs. He can decide, two months before your lease ends, that his son is "moving in." And you --- the banker, the tech lead, the upstream professional --- will pack your things and start looking again. Meanwhile, your December bonus went to rent. Your promotion increment went to rent. The money you said you'd invest? Still going to rent. Every month you stay in that situation, you are handing someone else the financial future you worked for. The solution This apartment on Saka Tinubu, Victoria Island is not a property listing. It is the exit. It sits minutes from your office. When your colleagues are stuck at Lekki Toll or grinding through Carter Bridge, you are already home --- calm, showered, present. Your child is still awake. Here is what the apartment actually gives you: No commute tax. VI address means you reclaim 2--3 hours daily. That is time back with your family. That is mental bandwidth to think, to plan, to actually rest. No landlord. Ever again. No rent review letter in December. No unannounced visits. No begging anyone to fix what's broken in your own home. You own it. Full stop. A financial position, not just a home. This same apartment earns ₦30 million per year in rental income if you ever choose to let it. That's an asset generating cash --- not draining it. Two full bedrooms, two bathrooms, three toilets. Space designed for how senior professionals actually live --- not cramped, not compromised. Newly built. You are not inheriting someone else's problems. No old plumbing. No aging infrastructure. Clean slate. The address itself is equity. Saka Tinubu, Victoria Island. Walking distance to Eko Hotel. Adjacent to Eko Atlantic. Property in this corridor does not depreciate. It absorbs inflation. It compounds. The ask: ₦500,000,000 --- down from ₦550,000,000. That ₦50,000,000 reduction is already priced in. It will not last. The call to action This is not for everyone. If you are still sorting your finances, bookmark it and come back. No judgment. But if you are a senior professional who is genuinely done with the rent cycle --- who has capital ready and wants to plant a flag in one of Lagos' most resilient addresses --- then this conversation is for you. Call or WhatsApp the agent directly. One viewing. No pressure. You'll know within five minutes if this is the right move. Because the real question isn't whether you can afford it. It's whether you can afford another five years of the alternative. 2 Bedrooms 2 Bathrooms 3 Toilets Saka Tinubu Street, Victoria Island, Lagos Listed by Smilebay Realties Limited Ref: 3501440

Saka Tinubu, Victoria Island (VI), Lagos
2 2
3, 932 SQMS Mixed Use Land
Premium
1
₦15,728,000,000

Mixed-use land joint venture

3, 932 SQMS Mixed Use Land

Glover Road, Ikoyi. 3,932 SQM. Joint Venture. Planning Approved. Piling Already Completed. ₦4,000,000/SQM. No Premium. This Is Not Raw Land. This Is a Site That Has Already Cleared the Slowest Part of the Process. The problem There is a category of Lagos high-rise development conversation that most JV listings never actually reach --- the stage where planning approval is secured and the foundation work has already started. Most JV land offered to developers in Ikoyi is still theoretical. Survey pending. Approval pending. Premium undisclosed until a contractor has already spent weeks in negotiation. The genuine bottleneck for a high-rise contractor isn't finding land in Ikoyi --- it's finding land where the 12-to-18-month approval cycle has already been absorbed by someone else, and where the ground has already been tested and piled. This listing is that site. 3,932sqm on Glover Road, Ikoyi. Lagos C of O. Planning already approved for a 17-floor block of flats. Piling already completed. No premium attached to the land value. The question for a serious high-rise contractor isn't whether Ikoyi land is worth developing. It's whether this specific site --- already de-risked at the two stages that kill most JV timelines --- is worth committing to before another contractor closes it. The agitation Here is what the comparable market shows right now. A near-identical 3,900sqm parcel elsewhere in Ikoyi, also carrying an approved 17-storey high-rise development, is currently listed at ₦15,600,000,000 --- effectively the same size, the same approval status, priced at roughly ₦4M/sqm once premium and terms are factored in. A separate comparable, also close to 3,932sqm in a high-profile Ikoyi location, has been marketed as "closeable" at ₦15,728,000,000. This listing --- 3,932sqm at ₦4,000,000/sqm, no premium --- works out to approximately ₦15,728,000,000 in total land value, placing it directly inside the range both comparables above are asking for. The difference is what this listing has that a purely land-value comparison doesn't show: piling is already completed. On a 17-floor high-rise, piling is not a minor milestone --- it's the geotechnical and structural foundation work that typically consumes months of a project timeline and carries real risk if soil conditions turn out to be difficult. That risk has already been absorbed here. Every month a qualified high-rise contractor spends evaluating a still-theoretical JV elsewhere in Ikoyi is a month this site's timeline advantage compounds. Approval delays are the single most common reason Lagos high-rise JVs stall before a foundation is even poured. This one has already cleared that stage. The solution 3,932 square metres, mixed-use land, Glover Road, Ikoyi. Lagos State Certificate of Occupancy. ₦4,000,000 per sqm, no premium. Planning approved for a 17-floor block of flats. Piling completed. Survey available. Here is what each element actually delivers to the contractor evaluating this deal: Planning approval already secured. The single longest and most unpredictable phase of a Lagos high-rise JV --- Lagos State Physical Planning Permit approval for a 17-floor structure --- has already been obtained. A contractor stepping into this deal is not waiting 12-18 months before construction can legally begin. They are stepping in at the construction phase. Piling already completed. The geotechnical risk on a 17-floor structure is real and expensive to get wrong. Piling completion means the foundation engineering has already been tested against the actual soil conditions on this specific site --- not modeled from a neighbouring parcel's data. This removes a major source of budget and timeline uncertainty before the JV contract is even signed. No premium. The land value is the land value --- ₦4,000,000/sqm, disclosed upfront. No separate negotiation over a premium figure layered on top after due diligence has already consumed time and cost. Glover Road, Ikoyi. A residential and mixed-use street inside the same Ikoyi core that includes Bourdillon, Alexander, and Awolowo Road --- established infrastructure, established demand, not a developing axis with unproven absorption. Lagos State C of O, survey available. Title documentation ready for immediate solicitor review --- a straightforward due diligence process rather than a title chain requiring reconstruction. Why this beats the alternative JV sites currently on the market. The two closest comparable parcels --- both around 3,900sqm with a 17-storey approval --- are asking a similar or higher total land value without disclosing whether piling has been completed. A contractor evaluating those sites is still pricing in the foundation-stage risk this listing has already removed. At the same approximate land value, this is the site with less remaining execution risk. The call to action 3,932sqm. Glover Road, Ikoyi. ₦4,000,000/sqm. No premium. Approved 17-floor block of flats. Piling completed. This is not an offer for a corporate professional looking to buy a home. This is a JV slot for a high-rise contractor or developer with proven capacity to take a piled, approved site to completion. Call or WhatsApp Smilebay Realties: +234 901 517 4801. Serious high-rise contractors only. Survey and approval documentation available for immediate review. The approval is already granted. The piling is already done. The part of this project that usually takes a year has already happened. Land Type: Mixed-use Land --- Joint Venture Size: 3,932 sqm Land Value: ₦4,000,000/sqm (estimated market rate) Premium: Nil Title: Lagos State Certificate of Occupancy (C of O) Survey: Available Owner's Development Preference: 17-floor block of flats Planning Approval: Approved Current Status: Piling completed Contractors Preferred: Experienced high-rise contractors Agency Fee: 10% Location: Glover Road, Ikoyi, Lagos NPC Comparable Context: 3,900sqm parcel, Ikoyi, approved 17-storey high-rise --- ₦15,600,000,000 Closeable ~3,932sqm parcel, high-profile Ikoyi location --- ₦15,728,000,000 This listing: 3,932sqm, Glover Road, Ikoyi, approved + piled --- approx. ₦15,728,000,000 (₦4,000,000/sqm, no premium) Posted: 25 July 2026 Listed by: Smilebay Realties Limited --- Ref: #358-895-3

Glover Road Ikoyi, Ikoyi, Lagos Added today
17, 400 SQMS Residential Land
Premium
1
$2,000

Residential land for sale

17, 400 SQMS Residential Land

Land Size: 17,400 sqm - Property: Vacant land - Price: US$2,000 per sqm Title C of O Land can be subdivided and sold in smaller parts

Eko Atlantic City, Victoria Island (VI), Lagos Added today
Newly Built 4-Bedroom Maisonette Off Admiralty Way, Lekki Phase 1
Premium
24
₦450,000,000

Terraced duplex for sale

Newly Built 4-Bedroom Maisonette Off Admiralty Way, Lekki Phase 1

Your Children Are Growing Up. They Won't Wait for You to Find the Right House. The problem Somewhere between the school run and the third meeting of the day, it hits you. Not dramatically. Quietly. Your daughter asked you last Sunday if you could swim together. You said soon. You have been saying soon for eight months. The compound you live in does not have a pool. The nearest one requires a drive, a booking, a whole production --- and by the time you get there, the afternoon is already half gone and someone's phone is ringing. Your son has started spending weekends in front of a screen because there is nowhere else for him to go inside the apartment. The compound is too small. The street outside is not something you want to send him into unsupervised. You leave for work before they wake up most mornings. You return after they have eaten. The hours you have with them --- the real, unhurried hours, not the rushed morning routine or the distracted evening --- are the ones that happen inside the home. On weekends. In the spaces your compound creates or fails to create. Your current compound fails to create them. And the years are moving. The agitation Here is what nobody says in the property conversation but every parent carries privately. The home you raise your children in is not just shelter. It is the physical infrastructure of their childhood. The compound where they learn to ride a bicycle. The pool where they lose their fear of water. The play area where they make the friendships that last into secondary school. The staircase they run up and down a hundred times before they are eight. The space that is theirs --- safe, bounded, theirs. Your current home is not producing those experiences. Not because you are failing as a parent. Because the building is failing as a home. And every month you stay in a compound that doesn't work for your family, you are not just paying rent --- you are paying rent on a reduced version of your family's life. You are funding a landlord's asset with money that could have been building equity in an address that actually gives your children the environment they deserve. Your colleagues who bought in Lekki Phase 1 two and three years ago are not having this conversation anymore. They had it once, they made the decision, and they moved. Their weekends look different from yours. Their children's weekday evenings look different from yours. Their landlord situation --- they don't have one. The rent you are paying this year is the cost of the decision you didn't make last year. What will you pay next year for the decision you don't make now? The solution This newly built 4-bedroom maisonette off Admiralty Way, Lekki Phase 1, is built around a family that has stopped accepting less than what it has earned the right to. First --- the structure itself. A maisonette is not an apartment and it is not a standalone house. It is specifically designed for a family that wants multi-floor living --- bedrooms on upper floors, living and social spaces below --- with its own private entrance. You come home to your front door, not a shared corridor. Your household has its own vertical world. The estate provides the perimeter security and the shared amenities. The maisonette provides the private family architecture inside it. This combination is the reason a maisonette in a properly managed Lekki Phase 1 estate commands a premium over a standard flat at the same bedroom count. Here is what the estate and the unit deliver together: A swimming pool --- already in the compound, available today. Not "coming soon." Not a booking system. A pool in the estate your children will live in. The Sunday morning swim you have been saying "soon" to for eight months ends the day you move in. It ends permanently. A dedicated children's play area. Enclosed within the estate's security perimeter. Your children play there unsupervised --- because the perimeter is controlled, the security is professional, and you can see it from the building. This is not a playground three streets away that requires you to accompany them every time. It is your compound. The freedom they gain from it is something that does not show up on a spec sheet but changes the texture of your weekends completely. Four bedrooms, all en-suite. Four bathrooms. Five toilets. Every member of your household wakes up with their own bathroom. Nobody waits. Nobody negotiates morning timings. The household runs with the same efficiency your professional life demands --- without the friction that comes from four people sharing two bathrooms. Fully fitted kitchen --- with washing machine included. Not a kitchen you need to equip. Not a shell you bring appliances into. A complete, operational kitchen from the day you hand over. The washing machine is in the spec. You bring your groceries. The home is ready. 24/7 CCTV surveillance across the estate. Cameras covering every approach. Every exit. Every common area. This is not a single security guard making rounds. It is layered surveillance infrastructure that means when you travel for work --- and you do, regularly --- your family is inside a monitored perimeter, not relying on a single gate man's vigilance. Corporate security guard. Professional, dedicated, estate-posted. Not a facility shared with four other compounds. Your estate's security is specific to your estate. 24/7 electricity via estate power management system. Power is handled at the building infrastructure level. The PABX-linked power management system means units are coordinated, not individually dependent on generator management. You come home and the power is on. You leave for a three-day work trip and your family lives in a house that functions. The generator management conversation --- the one that opens every morning in most Lagos homes --- is not your conversation here. Servant quarter included. Your live-in domestic staff has dedicated quarters. Your home's spatial flow, your family's privacy, your household's separation of professional and domestic space --- all maintained. Yours is a home that works for the family that lives in it, not around it. Newly built. First occupancy. Nobody else has lived in this maisonette. The finishes are original. The systems are new. The fixtures have not failed yet because they have not been used yet. You are not inheriting a building's history. You are starting its first chapter. Off Admiralty Way, Lekki Phase 1. ₦450,000,000. Admiralty Way is the primary residential address in Lekki Phase 1. Not a side street off a side street. Admiralty Way itself. For a family with children in Lekki Phase 1 schools --- American International, Greensprings, various others in the corridor --- this address puts you within the school run radius that eliminates the morning commute-plus-school-run double burden. Your children's school is close. Your office is reachable. The weekend is yours. The call to action This is a family home. It is built for the Lagos corporate professional who has spent long enough in a compound that works against the family life they are trying to create --- and has made the decision to stop accepting that. ₦450,000,000 in Lekki Phase 1, newly built, with a pool, a children's play area, full en-suite rooms, a fitted kitchen, 24/7 power, and estate-level surveillance. If your capital is structured and you want to walk the property before someone else does, this is a one-call decision. Call or WhatsApp Smilebay Realties: +234 901 517 4801 The pool is ready. Your children are ready. The only question that remains is whether you will be the one who moves this weekend or the one still saying "soon." 4 Bedrooms 4 Bathrooms 5 Toilets Newly Built First Occupancy Multi-Floor Maisonette Private Entrance All Rooms En-Suite Swimming Pool Children's Play Area Servant Quarter Fully Fitted Kitchen with Washing Machine 24/7 CCTV Surveillance Corporate Security 24/7 Electricity Estate Power Management Off Admiralty Way, Lekki Phase 1, Lekki, Lagos ₦450,000,000 Listed by Smilebay Realties Limited Ref: 3464871

Off Admirality Way, Lekki Phase 1, Lekki, Lagos
4 4
5-Bedroom Fully Detached Duplex
Premium
11
₦280,000,000

Detached duplex for sale

5-Bedroom Fully Detached Duplex

Someone Needs to Exit Fast. That's Your Entry Point. The problem You've been watching Chevy View Estate from the outside for three years. You know the estate. You've driven through it --- maybe dropping off a colleague, or taking the Chevron Drive shortcut when Lekki-Epe was a car park at 7:30 AM. You noticed the clean roads. The functional gate. The settled, established feel of a neighbourhood that actually works. You've checked prices. You know what a full detached duplex on Chevron Drive costs. ₦400 million. ₦450 million. One listing asked ₦500 million. You did the math. You filed it under "someday" and kept renting. Meanwhile, your renewal letter came in. The number went up again. It always does. You paid it --- because what was the alternative? The agitation Here is the quiet toll nobody talks about: Every year you stay in someone else's property, you fall further behind. Not because you're not earning. You are. The salary is solid. The bonuses hit. The promotions come. On paper, you are building something. But the rent keeps consuming the proof. Your landlord is not your enemy. But he is not your partner either. He is running a business, and you are his most reliable revenue stream. He adjusts the price every cycle because he knows what you know --- your school, your family's routine, your children's friendships, the 8-minute drive to your office are all here. Moving is painful. So you absorb the increase and move on. You absorb it again next year. And the year after that. The worst part? You are watching other people plant flags in this same corridor. People with similar salaries. Similar career timelines. They moved first. Their properties have compounded. The gap between your net worth and theirs is not talent. It is not luck. It is one decision, made earlier. You are still waiting for the perfect conditions. The perfect conditions are not coming. But a rare opening just did. The solution a fully detached 5-bedroom duplex inside Chevy View Estate, Chevron Drive, Lekki, is on the market --- and the seller needs to close fast. That urgency is not your problem. It is your advantage. Here is what you are actually acquiring: The address itself. Chevy View Estate is not an emerging area you're betting on. It is an established, completed, functioning community on Chevron Drive. The infrastructure is real. The roads are paved. The gates work. This is what settled looks like in Lagos. 400 square metres of land. That is rare on this corridor. It is not a sliver plot. It is not shared. It is a full detached position --- your compound, your perimeter, your terms. No shared walls. No neighbour's generator 3 feet from your bedroom window. Five bedrooms. Five bathrooms. Six toilets. Room for your family to expand without anyone on top of anyone else. Room for a parent to visit for a month without it becoming a crisis. Room for a home office that is actually a room, not a corner. Fully detached structure. This matters more than people realize when they're renting. You stop hearing other people's lives through your walls. You get silence on command. In Lagos, silence is not a small thing. It is a premium. Governor's Consent is on the property. The most critical document in Lagos real estate. No family land ambiguity. No pending consent application. No stories at the Land Registry. The title is clean, registered, and available for due diligence today. ₦280,000,000 --- well below current market rate for this estate. The agent has confirmed comparable properties in Chevy View are moving at ₦400M to ₦500M. This is priced ₦120--220 million below that range because the seller has a timeline. You are not getting a compromise. You are getting a discount, backed by documentation. For the developer or investor reading this: the 400sqm plot supports a twin duplex development. Each unit in this corridor is currently selling at ₦350,000,000+. Do that math yourself. The call to action The seller is motivated. That window closes the moment someone else sees this clearly. This is not a call for tyre-kickers or "send-me-more-pictures" conversations. The documents are ready. The property is available. If you have the capital or your financing is structured, one site visit is all it takes. Call or WhatsApp Smilebay Realties: +234 901 517 4801 Do not hold this number and think about it for two weeks. The same Chevy View corridor you've been watching from the outside is offering you a seat --- at ₦120 million below what your neighbours paid. That kind of opening has a very short shelf life. 5 Bedrooms 5 Bathrooms 6 Toilets 400sqm Land Fully Detached Governor's Consent Available Chevy View Estate, Chevron Drive, Lekki, Lagos Listed by Smilebay Realties Limited Ref: 3490013

Chevron Drive, Chevy View Estate, Lekki, Lagos
5 5
2-Bedroom Apartment
Premium
3
₦176,000,000

Flat / apartment for sale

2-Bedroom Apartment

₦176 Million. Off Admiralty Way. Lekki Phase 1. Fully Fitted. Gated. Flood-Free. Documents Ready. This Is What the Right Entry Point Looks Like. The problem The Lekki Phase 1 apartment market has been moving in one direction for long enough that most serious buyers have internalised the ceiling. You know the corridor. Off Admiralty Way, the gated estates, the established Phase 1 addresses. You know what the comparables cost. ₦260M. ₦320M. ₦330M. You know what those prices buy --- and you know what your current capital or financing structure can accommodate. For many buyers in this market, the honest position is this: the address is right, the corridor is right, the timing is right --- but the price of the options you have been looking at has been slightly ahead of where you are ready to move today. That gap is real. And it has kept a significant number of qualified, serious Lekki Phase 1 buyers in rent for longer than the numbers justify. This listing closes that gap. ₦176M. Off Admiralty Way. Lekki Phase 1. The address is not a concession. The price is just lower than what the market has been asking. The agitation Here is the specific cost of waiting for the "right" price in this corridor. Lekki Phase 1 off Admiralty Way is not a market that has demonstrated patience with buyers who defer entry. The buyers who entered this corridor two years ago at what felt like the top of the range --- paying numbers that made them wince slightly at signing --- are now sitting on assets that have appreciated past that wince point and kept moving. Meanwhile, the rent you are paying for your current apartment has gone up. Again. The renewal letter came. The number increased. You paid it because the alternative --- relocating, re-registering the children's school, rebuilding the domestic routines you have spent years establishing in this general corridor --- was more disruptive than the increase. Your landlord understands this calculation. He always has. Every renewal you absorb is a year of equity that belongs to his balance sheet, not yours. Every month you spend in someone else's property off Admiralty Way is a month the price of your entry into this corridor inches further from where it is today. The professional who looks back five years from now at the decision they did not make at ₦176M --- in a gated, flood-free, fully documented Lekki Phase 1 apartment off Admiralty Way --- will not be describing it as the price they saved. They will be describing it as the price they missed. The solution This 2-bedroom apartment off Admiralty Way, Lekki Phase 1, is the entry point the corridor has not offered at this price in some time. Fully fitted and finished. Gated and secured estate. Confirmed flood-free. All title documentation available for immediate due diligence. First occupancy --- you will be the first landlord to occupy this unit. Here is exactly what the acquisition delivers: Off Admiralty Way, Lekki Phase 1 --- the address that needs no qualification. Admiralty Way is Lekki Phase 1's primary residential axis. Off Admiralty Way means you are inside the corridor's most established catchment --- the schools, the commercial infrastructure, the social network, the resale demand. You are not adjacent to it or approximate to it. You are in it. At ₦176M, that precise address positioning is the most commercially significant fact about this listing. Comparable addresses in the same sub-corridor are transacting at significantly higher per-unit prices. Gated and secured estate. The compound is controlled access. Security is professional and in place. Your household --- and your home when you are away on business --- is inside a managed perimeter, not dependent on a compound gate man's alertness at 3 AM. For the professional who travels regularly and whose family remains in the apartment during absences, this is infrastructure that functions every hour of every day, not just during business hours. Good drainage --- and a confirmed flood-free location. The description is explicit: this is a very good and flood-free location, off Admiralty Way, Lekki Phase 1. The estate's drainage system manages Lagos rainfall without transferring the problem to individual units or the compound. The location does not flood. Smilebay Realties does not list properties in flood-prone areas. Every property in this portfolio is assessed for flood risk before it is listed. This apartment, in this location, off Admiralty Way, Lekki Phase 1, passed that assessment. You are not buying an apartment that will test you between May and October every year. The estate's drainage infrastructure was built to handle Lagos rain. It does. All title documents available for immediate verification. Every necessary document for due diligence is in place. Your solicitor can begin review from day one. The transaction does not wait for document assembly. The paper trail is ready when you are. First occupancy --- you are the first landlord. This is a brand new unit. No accumulated wear. No prior tenant's decisions embedded in the fixtures. No building history to inherit. You are the first person to open the front door of this apartment as an owner. That is the specific advantage of a new-build acquisition that resale units cannot offer --- and it is confirmed here. Two bedrooms. Two bathrooms. Three toilets. 88sqm. The layout is correctly configured for a senior professional household --- a master with en-suite, a second bedroom for a child, a visiting parent, or a home office, and a third toilet serving the common areas. 88sqm is workable space in a well-designed floor plan, and in this corridor, at this price, it is the correct size for the entry point this listing represents. ₦176,000,000. Fully fitted. Gated. Flood-free. First occupancy. Off Admiralty Way. Lekki Phase 1. For the buyer whose capital is structured at this level and who has been watching the Admiralty Way corridor while the numbers crept further out of reach --- this is the conversation that was worth waiting for. The call to action This listing is priced below comparable 2-bedroom apartments in the Admiralty Way sub-corridor of Lekki Phase 1. That gap will not persist indefinitely. The buyers who are active in this market and recognize the price positioning will move. The buyer for this apartment is a senior professional --- or an investor building a Lekki Phase 1 portfolio at the entry end --- with ₦176M structured and the title verification process ready to begin. One viewing. One solicitor conversation. All documents in hand. Call or WhatsApp Smilebay Realties: +234 901 517 4801 Admiralty Way is the address. ₦176M is the current price. Both of those things are true for a limited time. 2 Bedrooms 2 Bathrooms 3 Toilets 88sqm Fully Fitted & Finished First Occupancy Gated & Secured Estate Good Drainage Flood-Free Confirmed All Title Documents Available for Due Diligence Off Admiralty Way, Lekki Phase 1, Lekki, Lagos ₦176,000,000 Listed by Smilebay Realties Limited Ref: 3321418

Off Admirality Way, Lekki Phase 1, Lekki, Lagos
2 2
1400 SQMS Land
Premium
1
₦6,500,000,000

Residential land joint venture

1400 SQMS Land

Banana Island, Ikoyi. 1,400 SQM. Joint Venture. ₦6,500,000,000 Land Value. ₦1,000,000,000 Premium. Federal Certificate of Occupancy. This Is Not a Home for a Renter to Buy. This Is the Plot a Developer Has Been Waiting For. The problem There is a category of Lagos real estate conversation that has nothing to do with escaping a landlord --- and this listing sits squarely inside it. Most JV opportunities marketed as "Banana Island" turn out to be undersized, poorly titled, or attached to a landowner whose sharing terms make the arithmetic unworkable before a single foundation is poured. Developers who have spent years circling this island for a genuine build slot know the actual bottleneck isn't capital. It's finding 1,400sqm, Federal C of O, on the island itself, from an owner who has already stated what they want built. This listing removes that bottleneck. The owner has already specified the outcome: a block of luxury flats, or luxury terrace houses with a penthouse. The title is Federal C of O --- the cleanest instrument available on this island. The land size is large enough to support a real development footprint, not a compressed one. The question isn't whether Banana Island is the correct address for a luxury residential development. It's whether this specific parcel, at this specific value, is the one worth committing construction capacity to before another developer does. The agitation Here is what the numbers on Banana Island JV land actually show right now. Recent comparable JV parcels on the island have valued land anywhere from roughly ₦850,000/sqm on older-dated listings up to ₦2.1M/sqm, ₦4M/sqm, and ₦5M/sqm on more recent 2026-dated JV offers --- a spread that reflects waterfront position, zoning, and how recently the parcel was valued. A 1,500sqm JV parcel currently listed elsewhere on the island values land at ₦5M/sqm for a total of ₦7.5B, proposing a mixed low-rise-to-penthouse structure comparable in ambition to what this owner is requesting. This listing --- 1,400sqm, ₦6.5B land value, ₦1B premium --- works out to approximately ₦4.64M per sqm before the premium is factored in. That places it inside the current Banana Island JV range, priced below the ₦5M/sqm comparable cited above, on a parcel large enough to support either of the two development formats the owner has already approved. The scarcity is not abstract. Banana Island's land supply for JV-ready parcels with Federal C of O --- as opposed to Lagos State C of O, or land still working through title perfection --- has been consistently limited, which is precisely why the JV structure exists at all: the owners holding this land are not selling it outright, and they are not releasing it to just any developer. Every month a qualified developer defers engaging this specific parcel, the risk isn't that the price falls. It's that another development partner with proof of capacity closes it first. The solution 1,400 square metres of residential land, Banana Island, Ikoyi. Federal Certificate of Occupancy. ₦6,500,000,000 land value. ₦1,000,000,000 premium. Owner-approved development path: a block of luxury flats, or luxury terrace houses with a penthouse. Here is what this parcel actually delivers to the developer who can close it: Federal Certificate of Occupancy. The strongest individual title instrument available under Nigerian land law, superior in registration standing to a Lagos State-issued C of O or a Deed of Assignment awaiting Governor's Consent. For a developer financing construction against this land, or presenting to institutional co-investors, a Federal C of O removes the single biggest source of delay and legal risk in a Lagos JV --- title uncertainty. 1,400sqm on Banana Island itself. Not an adjacent axis, not a "Banana Island-adjacent" address used loosely by other listings. This is land on the island the entire luxury Lagos market treats as the ceiling reference point --- the address every other Ikoyi and VI comparable gets measured against, not the reverse. Owner-defined development brief. The owner is not asking a developer to guess what will be approved. Luxury flats, or luxury terrace houses with a penthouse, are already the stated preference --- which shortens the negotiation phase considerably compared to a JV where design intent is still undefined. ₦6.5B land value against a market range of ₦4M--₦5M/sqm on comparable 2026 JV parcels. At approximately ₦4.64M/sqm, this parcel sits inside --- and below the top of --- the current range for genuine Banana Island JV land, before any premium negotiation. ₦1B premium. Disclosed upfront, not buried in a facilitator's fee structure discovered mid-negotiation. A developer evaluating this deal knows the full cost basis before committing time to due diligence. Why this beats the alternative JV parcels currently circulating. Several Banana Island JV listings on the market right now carry ambiguous or undisclosed premiums, Lagos State C of O rather than Federal, or land sizes too small to support anything beyond a compressed low-rise. This parcel discloses its premium, holds the stronger title, and sits at a size that supports a genuine luxury block or terrace-with-penthouse format --- the exact profile that has driven the strongest resale and rental yields on the island over the past several years. The call to action 1,400sqm. Banana Island, Ikoyi. Federal C of O. ₦6,500,000,000 land value. ₦1,000,000,000 premium. Development path: luxury flats or luxury terrace houses with penthouse. This is not an offer for a corporate professional looking to stop renting. This is a JV slot for a developer, construction firm, or family office with the capacity to execute a Banana Island-grade build and the documentation to prove it. Call the agent, or send your company profile for survey review, via Smilebay Realties: +234 901 517 4801. Serious developers only. Proof of construction capacity required before terms are discussed. The island doesn't release land like this often. The title is already Federal C of O. The brief is already written. The developer who closes it hasn't been decided yet. Land Type: Residential Land --- Joint Venture Size: 1,400 sqm Land Value: ₦6,500,000,000 Premium: ₦1,000,000,000 Title: Federal Certificate of Occupancy (C of O) Owner's Development Preference: Block of luxury flats, or luxury terrace houses with penthouse Security: Security/gateman Location: Banana Island, Ikoyi, Lagos NPC Comparable Context (Banana Island JV/land market, 2026): 1,500.23sqm JV parcel, Banana Island Estate --- ₦5,000,000/sqm (₦7.501B total) 2,300sqm JV parcel, Banana Island (mixed zone) --- ₦4,000,000/sqm + ₦300M premium 1,900sqm JV parcel, Banana Island (corner piece) --- ₦2,100,000/sqm This listing: 1,400sqm, Banana Island --- approx. ₦4,640,000/sqm + ₦1B premium Posted: 24 July 2026 Listed by: Smilebay Realties Limited --- Ref: #358-722-7

Banana Island, Ikoyi, Lagos
Newly Built 3 Bedroom Penthouse
Premium
26
₦1,800,000,000

Flat / apartment for sale

Newly Built 3 Bedroom Penthouse

The headline Old Ikoyi, Ikoyi. 8th Floor. ₦1,800,000,000. Two Elevators. A Rooftop Above Every Flooded Street You've Ever Waded Through. Five Minutes From Victoria Island. Not Forty. Not on the Third Mainland Bridge At All. This Is What You Get When You Stop Renting the Commute And Start Owning the Address. The problem There is a category of Lagos professional whose daily suffering is actually two separate problems that have been allowed to feel like one. The first is the commute. The second is the home you're commuting back to. Most corporate renters in Lagos have accepted a package deal --- a long, punishing drive to work, and a rented property that doesn't even solve the drainage and flooding risk the drive is meant to escape. You leave a flooded street to sit in traffic to arrive at a desk on the Island, then reverse the whole thing in the evening back to a compound you don't own, on a street with the same drainage problems, owned by a landlord who has opinions about your visitors. This listing exists for the professional who has finally separated those two problems and is solving both at once --- not by moving further out, but by moving up. Literally: to the 8th floor, on a street inside Old Ikoyi, five minutes from the Victoria Island corporate corridor most of this target buyer already works in. The agitation Here is the part most Lagos property listings won't tell you honestly, and the part this one will. Ikoyi is not immune to Lagos's drainage problems. It never has been. Government flood advisories in 2026 have named Ikoyi, alongside Lekki, Victoria Island, and several mainland districts, among the areas at recurring risk during heavy rainfall --- the same primary drainage and lagoon-level pressures that affect much of coastal Lagos. Residents on ground-level streets in the area have posted footage of standing water after ordinary rain, and state officials have publicly attributed some of it to rising lagoon levels overwhelming street drainage. We're not going to pretend otherwise. Any agent who tells you Ikoyi ground level "never floods" is not being straight with you. What we will tell you is this: the specific unit in this listing is not at ground level. It's on the 8th floor. Whatever happens to the street below during a heavy rain event --- standing water, blocked drains, a slow afternoon of gridlock while the water recedes --- does not enter this home. That's not marketing language. That's the physical reality of where this unit sits in the building. Now layer on the commute math, because this is where the real cost of deferring shows up. Falomo Bridge --- the link between Old Ikoyi and Victoria Island --- runs 10 to 15 minutes off-peak, 25 to 35 minutes at the worst of rush hour. Compare that to the 40- to 75-minute Third Mainland Bridge crossing that mainland-based renters absorb twice a day, every day, for years. If your job is Island-side --- banking, oil and gas HQ, a tech firm's Lagos office --- an Old Ikoyi address removes the Mainland bridge from your life entirely. Not shortens it. Removes it. The NPC comparables on the market right now show what that combination --- flood-elevated, Falomo-adjacent, newly built --- is actually worth: A 3-bedroom apartment with BQ, fully furnished, Old Ikoyi --- ₦700,000,000. Ground-floor exposure risk, older stock. A 4-bedroom apartment with gym and pool, Ikoyi --- ₦550,000,000. Mid-building, no rooftop. A 2-bedroom apartment with gym and pool, Ikoyi --- ₦550,000,000. Smaller footprint, same mid-building exposure. This listing --- a newly built, 8th-floor penthouse with a rooftop lounge, cinema room, and home office --- ₦1,800,000,000. None of the three comparables above offer the floor elevation, the new-build finish, or the Falomo-adjacent position this unit combines. That combination is the premium, and it's a premium the market hasn't repriced downward once in the last several cycles. The solution a newly built 3-bedroom penthouse, 8th floor, Old Ikoyi. Two elevator access points. A rooftop lounge. A cinema room. A dedicated home office. Boys' quarters. All rooms en-suite. A swimming pool and gym within the building. ₦1,800,000,000. Location, precisely. Old Ikoyi sits inside the Bourdillon-Alexander-Awolowo core --- the original residential heart of Ikoyi, five minutes by road from Victoria Island via Falomo Bridge, and inside the same corridor as the French, Iranian, and Iraqi embassies, the Lagos Deputy Governor's office, and Ikoyi Golf Club. This isn't a developing axis with unproven fundamentals. It's the most established address in Lagos, and this unit sits inside it. The 8th floor, specifically. Above the drainage and flooding exposure that affects ground-level Ikoyi streets during heavy rainfall --- a documented, ongoing issue this listing does not pretend away. You are buying the one thing money in this market can't retrofit onto an existing ground-floor unit: genuine physical elevation above the water table risk. Two elevator access points. Redundancy in daily movement. One unit down for maintenance doesn't strand your household. Rooftop lounge. Private, elevated, above the city --- and, functionally, above any street-level disruption entirely. Cinema room and home office. Two purpose-built rooms your rented apartment never had --- one for the family time your commute has been stealing, one for the international calls that don't respect Lagos office hours. Boys' quarters, all rooms en-suite, a walk-in closet built to scale. Staff housing on your own footprint. Independence for every member of the household. No shared bathroom queue before work. Swimming pool and gym, in-building. No separate commute to access either. 24/7 power, standby generator, borehole, treated water. Utility reliability structural to the building --- not dependent on a landlord's maintenance discipline, and not vulnerable to the drainage issues affecting street-level infrastructure. Layered security --- gate, perimeter fencing, electric fence, CCTV, gateman, intercom, fire safety. The unannounced landlord visit ends here, permanently, because the access chain no longer includes anyone but you. Why this beats the alternatives on the table. A ground-floor or mid-building unit at ₦550M--₦700M saves capital upfront but carries the exact street-level drainage exposure this listing is built to avoid, and none of it comes with a rooftop, a cinema room, or a dedicated office. A house further out on the Lekki-Epe corridor might cost less, but reintroduces the long, unpredictable commute this buyer is trying to eliminate. This unit is the version of Lagos ownership where you don't have to trade one problem for another. The call to action ₦1,800,000,000. Old Ikoyi. 3 bedrooms. 4 bathrooms. 5 toilets. 8th floor. Two elevators. Rooftop lounge. Cinema room. Home office. BQ. Pool. Gym. Five minutes from Victoria Island via Falomo Bridge. The buyer for this unit isn't comparing it to a first rental. They're comparing it to the ₦550M--₦700M ground- and mid-floor units on the same streets --- and to the honest, unavoidable fact that those units carry the exact flood exposure this one is elevated above. Call or WhatsApp Smilebay Realties: +234 901 517 4801. Viewing by appointment. Serious inquiries only. The street below will flood again this rainy season. It has before. The bridge to VI will still be five minutes away, not forty. This is the floor where neither problem reaches you. --- 3 Bedrooms --- 4 Bathrooms --- 5 Toilets --- Penthouse --- Serviced All Rooms En-Suite --- Large Balconies --- Walk-In Closet --- Boys' Quarters --- 2 Elevators Cinema Room --- Home Office --- Rooftop Lounge --- Swimming Pool --- Gym Interior & Finishing: Fitted Kitchen --- pop Ceiling --- Built-In Wardrobes --- Tiled Floors --- Water Heater --- Guest Toilet Power & Utilities: 24/7 Power Supply --- Prepaid Meter --- Standby Generator --- Borehole --- Treated Water Security: Security Gate --- Perimeter Fencing --- Electric Fence --- CCTV --- Security/Gateman --- Intercom --- Fire Safety Location: Old Ikoyi, Ikoyi, Lagos --- 8th floor position; approx. 5 minutes to Victoria Island via Falomo Bridge (off-peak); within the Bourdillon--Alexander--Awolowo Road core Flood Context (Honest Disclosure): Ground-level Ikoyi streets are subject to the same drainage and lagoon-level pressures affecting much of coastal Lagos during heavy rainfall. This unit's 8th-floor position places it above that street-level exposure. Price: ₦1,800,000,000 Posted: 22 July 2026 NPC Comparable Context: 3-bedroom apartment w/ BQ, fully furnished, Old Ikoyi --- ₦700,000,000 4-bedroom apartment w/ gym and pool, Ikoyi --- ₦550,000,000 2-bedroom apartment w/ gym and pool, Ikoyi --- ₦550,000,000 This listing: 3-bedroom new-build penthouse, 8th floor, Old Ikoyi --- ₦1,800,000,000 Listed by: Smilebay Realties Limited --- Ref: #358-478-5

Old Ikoyi, Ikoyi, Lagos
3 4
Newly Built 5-Bedroom Fully Detached Duplex
Premium
23
$2,600,000

Detached duplex for sale

Newly Built 5-Bedroom Fully Detached Duplex

Banana Island. Newly Built. Fully Detached. G+3 Floors. Cinema Room. Rooftop Lounge Off the Master Suite. C of O. Two Units. $2,600,000. This Is the Definitive Lagos Address. And There Are Only Two of Them. The problem Every Lagos professional who has reached the top tier of their career has had a version of the same private conversation. Not with anyone else. With themselves. Usually on a flight back to Lagos. Usually looking out the window at the city below --- the lagoon, the island, the lights --- and doing a quiet, honest inventory of the gap between what they have built professionally and where they actually live. The title is senior. The responsibilities are significant. The decisions that pass through your hands every week would be remarkable to anyone who observed them from the outside. And yet. The home does not reflect any of it. Not in a dramatic way. The compound is fine. The building is decent. The neighbourhood is acceptable. But "acceptable" is the word that sits in the back of the mind like a low-grade alarm --- the signal that the residential chapter has not yet caught up to the professional one. There is one address in Lagos where that alarm goes quiet. One island. One category of home. One title that --- when you say it at a dinner, on a call, in a profile --- requires no further explanation anywhere in the world. Banana Island. The agitation Here is what operating at the apex of Lagos professional life at the wrong address costs --- beyond the practical inconveniences of commute and landlord management. It costs context. The home you live in is the environment that produces the recovery, the thinking, and the presence that your career demands. It is where your children form their first impressions of what their parents built. It is where the informal conversations that precede the formal decisions happen. It is what international colleagues, visiting partners, and board members see when they visit Lagos and you host. A home that is merely acceptable produces a version of all of those things that is merely acceptable. Banana Island produces something different. The controlled access. The managed island environment. The resident profile --- the country's most senior executives, diplomats, multinational heads, and family wealth that has operated at this level for generations. The physical environment that was planned, built, and maintained at a standard that no other address in Lagos has replicated. The professionals who have been living on Banana Island for the last decade are not more talented than you. They are not significantly wealthier in career earnings. They made one decision --- at some point, in response to the same private conversation you have been having --- that placed them in the correct environment for the phase of their life they had reached. And now you are looking at two newly built, fully detached, five-bedroom duplexes on that island. C of O. Cinema. Rooftop lounge. Pool. $2.6M. There are two of them. The solution Two newly built, fully detached 5-bedroom duplexes on Banana Island, Ikoyi. Certificate of Occupancy. G+3 floors --- ground floor through Level 3 --- designed with a floor plan architecture that has not appeared in any other residential listing in this portfolio. $2,600,000 per unit. Here is what four floors of Banana Island living actually delivers: Ground floor --- the social heart of the house. A massive living room that sets the register for every person who enters. A fully fitted kitchen. A pantry. A guest toilet. This floor is where the household receives --- guests, clients, family --- in a space that was sized for exactly that function. Not a reception area adapted from a lounge. A room designed to receive. Level 1 --- the second living world. A spacious family lounge --- separate from the ground floor social spaces. A cinema room with dedicated AV capacity. An office space --- not a desk in a bedroom, a room whose function is defined by its architecture. A guest room and guest bathroom. And a second kitchen on this floor. This means the upper levels of the house are not dependent on the ground floor kitchen for function. The family's private floors --- Level 1 through Level 3 --- operate with the same infrastructure completeness as the social ground floor. The household is not a hierarchy of access. It is a stack of fully equipped living environments. Level 2 --- three massive en-suite bedrooms. Three bedrooms. All en-suite. All described in the developer's own words as massive. In a fully detached duplex on Banana Island, "massive" is not a marketing modifier. It is a proportional description of what 500sqm of land on a planned island permits a developer to deliver when they are not compromising on space. Three adults --- or two children and a parent --- wake up on Level 2 to private bathrooms and rooms that do not require furniture compromise. The layout breathes. Level 3 --- the master suite and the rooftop. The master bedroom occupies the top floor. It is en-suite. It has a walk-in closet. And directly adjacent to it --- not separated by a staircase, not accessed through a common corridor --- is a rooftop lounge area. This is not a shared rooftop. It is the master suite's private outdoor extension. The morning coffee before the calls begin. The evening decompression after the meetings end. The Lagos skyline and lagoon from the top of a fully detached building on Banana Island, accessible from your bedroom without leaving your floor. Swimming pool. Your pool. Your compound. Your terms. Banana Island at 7 AM on a Sunday is quiet in a way Lagos almost never is. The pool on this island, in this compound, at that hour, is the specific experience of living at an address that has separated itself from the city it exists within. Boys' Quarters. Your domestic staff has dedicated private quarters. Your home's spatial integrity and your family's privacy remain intact permanently. The security infrastructure is layered, not minimal. Security gate. Perimeter fencing. Electric fence. Burglar proof. CCTV surveillance. Intercom. Fire safety. This is not a list of features. It is an institutional security architecture appropriate to an address whose resident profile has required exactly this level of protection for decades. The island has controlled vehicle access. The building adds perimeter, electric, surveillance, and communication layers on top of that. The environment your family lives in is secured at multiple independent levels simultaneously. 24-hour power. Prepaid meter. Borehole. Treated water. High-speed internet. The utility infrastructure is complete, independent, and confirmed. Power is continuous. Water is treated and stored. Internet is high-speed. The building does not require you to manage its basic operational infrastructure. It manages itself. Certificate of Occupancy. The title is a C of O --- the most individually registered, buyer-named title instrument in Lagos land law. It is issued in the name of the current owner. When you purchase, it transfers to you. There is no derivation chain, no upgrade process, no post-purchase application to initiate. The title work is done. Your solicitor verifies it. The transaction proceeds. $2,600,000 per unit --- approximately ₦3,564,000,000 at current exchange rates. The dollar denomination is confirmed. The naira equivalent reflects the current exchange rate and fluctuates. The asset does not. A fully detached, newly built, G+3 duplex on Banana Island with C of O, cinema, rooftop lounge, pool, BQ, 24-hour power, and a layered security infrastructure --- denominated in dollars --- is a naira hedge that has no equivalent in the residential property portfolio. The asset holds its dollar value regardless of what the naira does between now and your exit. Two units available. Not a development of twenty. Not a block of identical apartments. Two fully detached duplexes --- each self-contained, each with its own compound, pool, and BQ, each with a C of O --- on Banana Island. When they are gone, they are gone. There is no next phase. There is no similar offering coming to market. The island is finite. The inventory is two. Banana Island does not flood. The island was planned, graded, and drained as part of its original development infrastructure. The drainage systems were designed before the first building was built --- not retrofitted onto terrain. A fully detached building on Banana Island with residential levels from ground to Level 3 sits entirely above any flooding scenario that has affected any part of Lagos in recorded history. Smilebay Realties does not list properties in flood-prone areas. This property on Banana Island was assessed against that standard before listing. It passed comprehensively. The call to action Two units. Banana Island. $2.6M each. C of O. Newly built. Fully detached. The buyer for this property is not forming their view of Banana Island for the first time. They have been here for dinners, for meetings, for viewings that did not result in a purchase because the available product was not right. They understand what C of O on Banana Island means. They understand what a G+3 fully detached building with a private rooftop lounge off the master suite represents at this address. They are not browsing. They are deciding. One call. All documentation available. Both units available for viewing. Call or WhatsApp Smilebay Realties: +234 901 517 4801 Two units. One island. No equivalent anywhere else in Lagos. 5 Bedrooms --- 6 Bathrooms --- 7 Toilets --- Fully Detached --- Newly Built G+3 Floors --- Serviced Ground Floor: Massive Living Room --- Fitted Kitchen --- Pantry --- Guest Toilet Level 1: Family Lounge --- Cinema Room --- Office Space --- Guest Room --- Guest Toilet --- Kitchen Level 2: Three Massive En-Suite Bedrooms Level 3: Master En-Suite Bedroom --- Walk-In Closet --- Private Rooftop Lounge Swimming Pool --- Boys' Quarters --- Spacious Compound pop Ceilings --- Built-In Wardrobes --- Tiled Floors --- Water Heater Security: Security Gate --- Perimeter Fencing --- Electric Fence --- Burglar Proof --- CCTV --- Intercom --- Fire Safety Power and Utilities: 24-Hour Power --- Prepaid Meter --- Borehole --- Treated Water --- High-Speed Internet Title: Certificate of Occupancy Banana Island, Ikoyi, Lagos Price: $2,600,000 per unit (approximately ₦3,564,000,000 at current rates --- naira equivalent subject to exchange rate fluctuation) 2 Units Available Flood-Free --- Confirmed by Smilebay Realties Pre-Listing Assessment Listed by Smilebay Realties Limited --- Ref: 3541343

Banana Island, Ikoyi, Lagos
5 6
Flagship: 1, 007SQM
Premium
5
₦770,000

Residential land for sale

Flagship: 1, 007SQM

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

Lekki Foreshore Estate, Lekki Phase 1, Lekki, Lagos
453SQM & 560SQM Residential Land
Premium
2
₦450,000,000

Residential land for sale

453SQM & 560SQM Residential Land

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
Waterfront 600 SQM Residential Land
Premium
3
₦510,000,000

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

Lekki Foreshore Estate, Lekki Phase 1, Lekki, Lagos
1, 700SQM Corner Plot
Premium
2
₦850,000

Residential land for sale

1, 700SQM Corner Plot

Every Developer in Lekki Phase 1 Knows What Admiralty Way Commands. This Corner Plot in Lekki Foreshore Is How You Get There Before the Market Catches Up. The problem There is a gap in Lekki Phase 1 that experienced Lagos developers understand precisely --- and that most people outside the market never see clearly enough to act on. It is the gap between what land trades for inside a gated Lekki Phase 1 estate on a tarred, dual-access road, and what the finished product sells for when the building is done and the address is "Admiralty Way" or "Lekki Phase 1." That gap --- between acquisition cost and exit value --- is where Lagos real estate fortunes have been built for twenty years. The developers who caught Lekki Phase 1 at the right entry point did not do it by buying on Admiralty Way at peak pricing. They did it by buying in the adjacent corridors, the gated estates, the well-titled plots just inside the Phase 1 boundary --- and developing up to the standard that the Admiralty Way buyer was already paying for. They bought the gap. They built into the premium. They closed the distance between entry price and exit value with concrete and steel. Lekki Foreshore Estate, Lekki Phase 1, is that gap --- today, right now --- at ₦850,000 per square metre. The agitation Here is what the professional Lagos capital allocator who misses this moment will feel twelve months from now. Not regret in a vague sense. Specific, measurable regret. Lekki Phase 1 land inventory moves in one direction. The available parcels inside established, gated estates with functional road infrastructure and dual access gates --- the kind that a serious developer can break ground on without remediation, without access negotiation, without surveying drama --- are finite. They are absorbed by buyers who act when the opportunity is visible, and they do not re-enter the market at the same price. The developer who acquired in Lekki Foreshore two years ago is not selling at ₦850k/sqm. They are either building or holding at a number that reflects what the corridor has done since they entered. The developer who acquires today at ₦850k/sqm and develops a multi-unit residential building benchmarked against Admiralty Way's current sale prices will, at exit, be describing this acquisition price as the decision that made the project work. The margin lives in the entry. The entry is now. And there is a specific detail about this particular parcel that narrows the window further: it is a corner unit. Corner plots in any established residential estate transact before equivalent internal plots because developers with active projects recognize the advantage immediately. Once this conversation becomes widely known, the single-parcel whole will not last. The solution 1,700 square metres. Corner position. Lekki Foreshore Estate, Lekki Phase 1. ₦850,000 per square metre. Tarred road. Dual-gate estate access. Owner willing to split. This is an active opportunity at a current market price with a specific, named exit thesis --- and the exit thesis is stated by the seller himself: develop and sell at Admiralty Way comparative value. Here is what this plot actually delivers for each buyer profile: For the developer acquiring the full 1,700sqm (₦1,452,650,000): a corner plot of this size in Lekki Foreshore is a multi-unit residential development site. Two street-facing frontages means two vehicle access options for the finished building --- a design advantage that translates directly into a more attractive product for the end buyer. Better ingress. Better visual presence from two approaches. A finished building that looks like it belongs on Admiralty Way, because architecturally it has the same corner-plot geometry. At current Lekki Phase 1 pricing for developed multi-unit residential buildings --- apartments, duplexes, or mixed configurations --- the exit value per sqm of built area is materially above the ₦850k/sqm land acquisition cost. The construction cost sits between those two numbers. The margin is what the developer takes. On 1,700sqm of corner land in Lekki Foreshore, that margin is the reason this conversation exists. For two buyers splitting the parcel --- 1,000sqm (₦850,000,000) and 700sqm (₦595,000,000): The owner has confirmed willingness to sell separately. Both sub-parcels remain in the same Lekki Foreshore Estate, same tarred road, same dual-gate access infrastructure. The 1,000sqm parcel is a standalone development site. The 700sqm parcel --- close in size to the 600sqm outright plot previously available in this same estate --- is a viable site for a high-specification private residence or a boutique development unit. Neither sub-parcel is a compromise. Both acquire at the same ₦850k/sqm net rate. The dual-gate estate access --- Freedom Way and Admiralty Way --- is a development infrastructure advantage, not just a commute convenience. For a building under construction, dual access means materials and contractors can move efficiently without creating a single-point access bottleneck. For the completed building's residents, dual access means the Lekki-Epe toll gate backup never traps them in the estate. For the exit buyer evaluating the finished property, dual access is a concrete differentiation from single-entry alternatives. It adds value at every stage of the development lifecycle. Tarred road throughout the estate. The access infrastructure is done. You are not acquiring land and hoping the road follows. The road is there. Site visits happen today. Construction starts on your schedule, not the estate's infrastructure timeline. ₦850,000/sqm is the seller's net price. This is not a headline rate with agency loaded on top as a surprise at the offer stage. The ₦850k/sqm is what the seller receives. Agency and legal are transacted separately and transparently. At Admiralty Way comparable development exit pricing, the acquisition cost is correctly positioned where the seller says it is: at the entry end of the Lekki Phase 1 value spectrum. ️ Title documentation: Confirm with agent before submitting any offer. At this acquisition value, your solicitor must review the title instrument --- whether Federal C of O, Governor's Consent, or Deed of Assignment --- before any funds are committed. Documentation should be available for review. If it is not immediately producible, treat that as a due diligence item to resolve before proceeding. The call to action This listing was posted today. Corner plots in Lekki Foreshore Estate at ₦850k/sqm net, on a tarred road with dual Admiralty Way and Freedom Way gate access, with the owner confirmed willing to split for two separate buyers --- do not stay in conversation indefinitely. The developer who runs the numbers once knows what the Admiralty Way exit thesis means for this parcel's development margin. The buyer who has been watching Lekki Foreshore for the right entry knows this is it. Whole parcel: ₦1,452,650,000. One buyer. Full corner advantage. Split option: ₦850M (1,000sqm) + ₦595M (700sqm). Two buyers. Same estate, same access, same price per sqm. Confirm title documentation. Schedule a site visit. Call or WhatsApp Smilebay Realties: +234 901 517 4801 The Admiralty Way premium exists because buyers there paid for it. This is how you build it instead of paying it. 1,700sqm Corner Plot Tarred Road Lekki Foreshore Estate, Lekki Phase 1, Lekki, Lagos Price: ₦850,000/sqm net Total: ₦1,452,650,000 Split Option a: 1,000sqm = ₦850,000,000 Split Option B: 700sqm = ₦595,000,000 Dual Gate Access: Freedom Way + Admiralty Way Title: [Confirm --- Federal C of O / Governor's Consent / Deed --- verify before offer] Listed Today: June 20, 2026 Smilebay Realties Limited Ref: 3535016

Lekki Foreshore Estate, Lekki Phase 1, Lekki, Lagos
402 SQMS Residential Land
Premium
1
₦470,000,000

Residential land for sale

402 SQMS Residential Land

Lekki Foreshore Estate. Parcel a. 402sqm. Close to the Main Gate. ₦470 Million. The Most Accessible Entry into This Estate. And the Most Honest Flood Argument Any Lekki Land Has Made. The problem The Lekki Phase 1 land buyer in 2026 has two questions before any other question. The first is title. Is the document clean? Is the chain short? Does the paper end where paper should end? The second is drainage. In a Lagos rainy season that has caused flooding in estates that confidently claimed "no flooding" in their listings --- the buyer who has been watching the market knows that the drainage claim is the one most likely to be aspirational rather than operational. Most Lekki Phase 1 land listings answer the second question with a single line: "flood free." No mechanism stated. No drainage infrastructure described. No explanation of why this plot is dry when the surrounding areas are not. This listing answers the second question differently. The Lekki Foreshore Estate drainage system is channelled directly to the lagoon. The proximity of this estate to the lagoon is not incidental --- it is the drainage architecture. The water has a designed, direct route to the lagoon. It does not accumulate. It does not back up. In the rainy seasons that have tested every estate on the Lekki corridor, Lekki Foreshore Estate has remained dry --- not because the developer promised it, but because the drainage infrastructure was built to a specific engineering standard that most estates in this corridor have not matched. 402sqm in Parcel a of this estate. Close to the main gate. ₦470,000,000. The agitation Here is what the Lekki Phase 1 land search has cost the buyer who has been watching this corridor with flooding as their primary concern. You have looked at multiple plots. Some were priced well. Some had acceptable titles. Some were in the right general sub-zone. But in every case, the drainage question produced either a casual "no problem" from the agent or a silence that told you everything. You have seen what happens to Lekki properties during rainy season. You have driven past compounds where the water reaches the gate. You have watched NPC listings for estates that described themselves as flood-free sell their units to buyers who later discovered that "flood-free" applied to the estate roads but not the individual compound drainage. These are not rare stories. They are the standard experience of a significant number of Lekki land buyers who made decisions before the rainy season tested the drainage claim. Lekki Foreshore Estate is a newly developed estate that was designed with specific knowledge of those stories. The developers studied the drainage failures of established Lekki estates and engineered around them --- building drainage channels that flow directly to the lagoon, not drainage that terminates at a soak-away or a retention area that backs up during heavy rainfall. The lagoon adjacency that defines this estate's character is simultaneously the estate's drainage solution. Water flows toward the lagoon because the estate is built to direct it there. That is not a claim. It is a designed engineering outcome --- visible in the functioning drainage system that operates 100% during Lagos rainy seasons. Meanwhile, the Parcel a position --- closest to the main gate, dual access from Freedom Way and Admiralty Way --- is the plot that gives the buyer maximum operational convenience for both construction access and post-build daily movement. The solution 402 square metres of residential land in Lekki Foreshore Estate, Lekki Phase 1. Parcel a position --- at the back of Plot 11, close to the estate main gate. Dual gate access via Freedom Way and Admiralty Way. Lagoon-adjacent drainage system channelled directly to the lagoon. Newly developed estate with functioning drainage infrastructure. ₦470,000,000. Here is what this plot delivers --- and what makes it distinct from every other Lekki Phase 1 land listing in this portfolio: Parcel a --- the gate-proximity position in a three-parcel estate. As established across the Lekki Foreshore Estate listing series in this portfolio, the estate is subdivided into Parcels a, B, and C. Parcel a is the outer parcel closest to the estate entrance. This specific plot --- at the back of Plot 11, close to the main gate --- is within Parcel A's gate-adjacent zone. For a buyer whose development requires fast access, or a household whose daily movement prioritises the shortest route between the estate gate and their compound, Parcel a is the operationally convenient position. Dual gate access via Freedom Way and Admiralty Way. Two entry and exit points. When the Lekki-Epe expressway backs up at the Chevron toll gate direction, the Freedom Way gate gives an alternative route. When Freedom Way itself has congestion, Admiralty Way provides the second option. In Lagos, where a single blocked access point can add 45 minutes to a commute, dual-gate access is infrastructure that the buyer will use daily --- and will value more with each rainy season and each Friday evening that demonstrates why alternatives matter. 402sqm --- the compact, correctly sized Lekki Foreshore plot. This is the smallest plot available in the Lekki Foreshore Estate portfolio published by Smilebay Realties --- and it is the most accessible entry price into the estate as a result. At ₦470M, the buyer acquires a Lekki Phase 1, Lekki Foreshore address in Parcel a with the estate's full infrastructure credentials. The 402sqm footprint is sized for a well-configured private residence --- a single-family home with pool, parking, compound, and BQ is achievable within this footprint when designed correctly. The proximity to the main gate means the compound's position in the estate is one of the most immediately accessible. The drainage argument --- stated specifically, not generically. Lekki Foreshore Estate's drainage system is channelled directly to the Lagos lagoon. Not to a retention pond. Not to a soak-away that fills during sustained rainfall. To the lagoon. The engineering decision to channel drainage to the lagoon is the reason the estate remains dry during Lagos rainy seasons that have tested and failed the drainage infrastructure of older, less carefully planned Lekki estates. The developers of Lekki Foreshore studied the specific drainage failures of the estates that preceded it. The drainage infrastructure was built to address those failures explicitly. The result --- documented through multiple rainy seasons --- is an estate whose drainage works when others do not. This matters differently for a land buyer than for an apartment buyer. When you build on this plot, the structure you build sits on land whose drainage has been independently tested and confirmed operational. The compound you develop drains into an estate system that flows to the lagoon. The rainy season test that reveals inadequate drainage in other estates is, in this estate, already answered. Newly developed estate --- drainage channels are free and functioning. The description makes a specific technical point that deserves elevation: in a newly developed estate, the drainage channels have not yet accumulated the debris, silt, and blockage that accumulates over years of occupancy in older estates. The Lekki Foreshore drainage is new, clear, and operating at full capacity. For the buyer who builds now and occupies in the next 12 to 24 months, the drainage infrastructure is at its best possible operational state. Title documentation. The listing description does not state the specific title instrument. Based on the established Lekki Foreshore Estate title structure across all previous listings in this portfolio --- Deed of Assignment backed by a Global Certificate of Occupancy, with Governor's Consent upgradeable post-purchase --- this plot is expected to carry the same title foundation. Confirm the specific instrument at first contact. The agent has the documentation available. ₦470,000,000 --- approximately ₦1,169,000 per sqm. This is the most accessible total acquisition price for any outright Lekki Foreshore Estate plot in the Smilebay Realties portfolio. The 600sqm outright plots were listed at ₦850,000/sqm (₦510M). The 1,709sqm corner plot was at ₦850,000/sqm (₦1.45B). This plot --- 402sqm in Parcel a at ₦470M --- offers Lekki Foreshore Estate entry at the lowest total price in the portfolio, at a per-sqm rate that reflects the Parcel a gate-proximity premium and the specific sub-400sqm plot size within the estate. Lekki Foreshore Estate is flood-free across all three parcels. The drainage system was built to channel water directly to the Lagos lagoon. This has been tested through multiple Lagos rainy seasons and confirmed operational. Smilebay Realties does not list properties in flood-prone areas. This plot in Lekki Foreshore Estate, Parcel a, was assessed against that standard before listing. It passed with the strongest drainage credential of any Lekki Phase 1 land listing in this portfolio. The call to action Lekki Foreshore Estate. Parcel a. Close to the main gate. 402sqm. ₦470,000,000. The smallest plot and the lowest total acquisition price in the Lekki Foreshore Estate portfolio. Dual gate access. Lagoon-channelled drainage that has been tested through Lagos rainy seasons and confirmed dry. The buyer for this plot has capital at this level and has been looking for a Lekki Phase 1 land position in an estate whose drainage argument they can actually trust --- not one stated in a bullet point, but one described with a specific engineering mechanism and a documented operational record. Title documentation available for immediate solicitor review. Site visit arrangeable this week. Call or WhatsApp Smilebay Realties: +234 901 517 4801 Lekki Phase 1. Foreshore Estate. Parcel a. The drainage works. The gate is close. The price is right. 402sqm Residential Bare Land Lekki Foreshore Estate, Parcel a --- Close to Main Gate Lekki Phase 1, Lekki, Lagos Location within Estate: At the back of Plot 11 --- Parcel a position --- closest to estate main gate Access: Dual Gate --- Freedom Way + Admiralty Way, Lekki Phase 1 Drainage: Lagoon-channelled system --- flows directly to Lagos lagoon --- tested and confirmed dry through rainy seasons Estate: Newly developed --- drainage channels free and operating at full capacity Price: ₦470,000,000 (approximately ₦1,169,000 per sqm) Title: Confirm at first contact --- expected Deed of Assignment backed by Global C of O per estate standard Governor's Consent: Upgradeable post-purchase Flood-Free --- Strongest Drainage Credential in the Lekki Phase 1 Land Portfolio Confirmed by Smilebay Realties Pre-Listing Assessment Posted: July 18, 2026 Listed by Smilebay Realties Limited --- Ref: 3578606

Lekki Foreshore Estate, Lekki Phase 1, Lekki, Lagos
5-Bedroom Terraced Duplex
Premium
25
$2,500,000

Terraced duplex for sale

5-Bedroom Terraced Duplex

Banana Island. $2.5 Million. A Terrace With Its Own Gate. Its Own Compound. Its Own Rooftop. A Jetty at the Water's Edge. C of O. Elevator. 2-Room BQ. The Most Accessible Price Point on the Island. The problem Banana Island has two categories of buyer conversation. The first is the one most people assume happens at this address --- the buyer with unlimited capital and no constraints. The fully detached compound. Four walls to themselves. The price that reflects the fullest possible claim on the island's address. The second is the conversation that actually happens for the majority of serious principals who want this island, this controlled access, this resident profile, this lagoon context --- and who are making a deliberate and rational choice about which specific product type gives them the address they want at the price their capital is structured for. This listing is for the second conversation. $2,500,000. Banana Island Estate. A terraced duplex --- five bedrooms, six bathrooms, seven toilets, an elevator, a rooftop, a 2-room BQ, a self-compound with a gate, parking for four cars, and access to a common swimming pool and a jetty at the island's water edge. One shared wall with one neighbour. Everything else --- the compound, the gate, the parking, the rooftop, the BQ, the elevator, the 2 living rooms --- is private, configured, and yours. The question is not whether Banana Island is the right address. The question is whether this is the right product at the right price point to make the decision today. The agitation Here is what the Banana Island deliberation costs the principal who has been circling this address without committing. Every comparable that has sold on this island in the past 24 months has sold at a higher number than the one before it. The island is finite. The supply is constrained. The resident profile --- the families, the diplomats, the multinational heads, the intergenerational wealth --- does not leave frequently and does not sell at discounts. The island's track record of absorbing naira devaluations, inflation cycles, and political uncertainty without sustained price correction is not speculative. It is documented. The NPC comparables visible today frame the position clearly: A 5-bedroom fully detached duplex in Old Ikoyi --- ₦2.3B (approximately $1.67M). Not on Banana Island. A 5-bedroom Ikoyi mansion --- ₦3.5B (approximately $2.54M). Not on Banana Island. This listing --- 5-bedroom terraced duplex, Banana Island Estate, C of O, jetty, elevator, rooftop --- $2.5M. The Banana Island premium over Old Ikoyi is the controlled access bridge, the island's managed resident environment, the lagoon adjacency, the jetty, and the specific social and security infrastructure that no mainland or non-island Ikoyi address can replicate. That premium is in this price. Every month the principal defers this decision on Banana Island, the market reflects the scarcity that the island's finite land and constrained supply consistently produce. The $2.5M terraced entry is the island's most accessible current price point. It is today. The solution a 5-bedroom terraced duplex in Banana Island Estate, Banana Island, Ikoyi. Self compound. Private gate. Rooftop space. Elevator. 2-room BQ. 2 living rooms. Parking for 4 cars. Common swimming pool and jetty. Certificate of Occupancy. 24/7 power. Full security infrastructure. $2,500,000. Here is what each element delivers --- and what sets this unit apart from both the island's fully detached options and every comparable property priced below this listing: Banana Island Estate --- the island that needs no introduction. Controlled vehicle access at the bridge. A managed residential environment. A resident profile that has defined the upper tier of Lagos's professional, diplomatic, and corporate life for over two decades. The NPC area guide describes it correctly: exclusive, prestigious, with the specific combination of planned infrastructure and curated community that no other Lagos address has replicated. Saying your address is Banana Island requires no further explanation --- in Lagos, in Abuja, or in any international city where the people who live here also have addresses. A terraced duplex with a self compound and a private gate. This is the distinction that separates this unit from a standard apartment building. The compound is self-contained. The gate is private. Your vehicle enters through your own gate, parks in your own compound, and the perimeter of your immediate environment is yours to manage. The one shared wall --- the wall between this terrace and the adjacent unit --- is the only point of physical adjacency with any neighbouring property. Everything else in the land parcel is your compound. That is the terraced duplex configuration that makes a $2.5M price point possible on Banana Island while delivering the private compound experience that the island's fully detached options offer at higher prices. A rooftop space. Accessed from the top floor of the terrace. Private, open, elevated above the Banana Island Estate environment. The specific use of this space is the occupant's to define --- an outdoor lounge, a garden, an entertainment platform, a quiet private elevation with the island's residential landscape and the Lagos lagoon visible in every direction. A rooftop above a private compound on Banana Island, at any price, is an architectural feature that most island properties at any price tier do not offer. An elevator. The building handles vertical movement across all floors. Groceries, luggage, your briefcase after a long day, an elderly parent --- the elevator manages it. In a multi-floor terrace, an elevator converts the building from one that requires stair management to one that simply responds. A jetty. This is the feature that has not appeared in any previous listing across this fifty-two-entry portfolio --- and it is specific to the Banana Island context in a way that no other address in Lagos can replicate. A jetty means water access. The ability to arrive at the property by boat. The lagoon that surrounds Banana Island is accessible from this residence at the jetty level. For the resident who uses water transportation --- speed boats, water taxis, the leisure boats that operate in Lagos's lagoon --- the jetty is a functional daily access point, not a scenic feature. For the social host whose guests arrive from the mainland via water, the jetty is the reception point. On Banana Island, a jetty is the architecture of a life that fully uses the island's primary geographic advantage. A common swimming pool. Shared within the estate's community rather than private to this unit --- which is the corresponding arrangement for the terrace configuration versus a fully detached compound. The pool is available to residents. On Banana Island, where the island itself is managed at community level, a common pool within a well-secured, curated residential estate is a different experience from a shared pool in a standard Lagos apartment building. The environment that surrounds the pool is the estate. The residents who share it are the island's residential community. 2 living rooms. Ground floor social space for receiving guests and hosting at scale. Upper floor family lounge for the private, at-ease version of the household's social life. The separation between public and private social space --- a recurring differentiator throughout this series --- is built into the floor plan here. Both living rooms exist because the developer understood that a 5-bedroom Banana Island home operates at two different social registers simultaneously. 5 bedrooms. 6 bathrooms. 7 toilets. All rooms en-suite. 2-room BQ. Every occupant in this household wakes up to a private bathroom. The 2-room BQ means two dedicated domestic staff quarters --- the household operates with properly configured domestic infrastructure, not compromised arrangements. Seven toilets across the building mean no common area access to bedroom floors for guests. Fitted kitchen. Air conditioning. Pop ceilings. Built-in wardrobes. Tiled floors. Water heater. Guest toilet. The interior finish is complete. Move in. Nothing requires commissioning or sourcing. The property is configured. 24/7 power supply --- standby generator, prepaid meter, borehole, treated water, high-speed internet. Power is continuous and managed. Water is treated and stored. Internet is confirmed. The utilities are operational. Security --- layered and Banana Island-level comprehensive. Security gate. Perimeter fencing. Electric fence. Burglar proof. CCTV. Security gateman. The building's security layers sit within the island's own controlled access security. The bridge is the island's first perimeter. The estate's perimeter is the second. This compound's security is the third. Three independent levels of access control protect this residence. Certificate of Occupancy. The title is individually registered, Lagos State-issued, confirmed, and available for solicitor review today. No upgrade path. No derivation chain. The title is done. $2,500,000 --- approximately ₦3,444,800,943 at current exchange rates. Dollar-denominated. The asset retains its dollar value regardless of naira movement. The entry price for a Banana Island residential address with a C of O, elevator, rooftop, jetty, private compound, and 2-room BQ --- in the most supply-constrained residential address in West Africa --- is $2.5M today. Banana Island does not flood. The island's planned drainage infrastructure, combined with its elevation above sea level and its position above any flood risk scenario that has affected Lagos in recorded history, make it the most physically secure residential address available in Lagos. Smilebay Realties does not list properties in flood-prone areas. This property on Banana Island Estate was assessed against that standard before listing. It passed. The call to action $2,500,000. Banana Island Estate. 5 bedrooms. 6 bathrooms. 7 toilets. Elevator. Rooftop. Jetty. Private compound with gate. 4-car parking. 2-room BQ. 2 living rooms. Pool. C of O. This is the Banana Island residential entry point that is accessible today. The buyer for this property is not comparing it to a house in Lekki or a duplex in Osapa. They are comparing it to the fully detached Banana Island options that are priced $100,000 to $1,000,000 above it --- and deciding whether the one shared wall of a terraced configuration on the island is the correct trade-off for the price differential. For most principals whose capital is structured at $2.5M, the answer is yes. The address is the island. The compound is private. The rooftop is there. The jetty is at the water. The title is clean. One call. C of O available for immediate solicitor review. Viewing by appointment. Call or WhatsApp Smilebay Realties: +234 901 517 4801 Banana Island. $2.5 million. The jetty is at the water's edge. The rooftop is above the island. The title is done. This is the one. 5 Bedrooms --- 6 Bathrooms --- 7 Toilets --- Terraced Duplex --- Serviced All Rooms En-Suite --- Self Compound --- Private Gate --- 4-Car Parking 2 Room BQ --- 2 Living Rooms --- Elevator --- Rooftop Space Common Swimming Pool --- Jetty (Water Access) --- Gym Fitted Kitchen --- Air Conditioning --- pop Ceilings --- Built-In Wardrobes --- Tiled Floors --- Water Heater --- Guest Toilet Power: 24/7 Power Supply --- Standby Generator --- Prepaid Meter --- Borehole --- Treated Water --- High-Speed Internet Security: Security Gate --- Perimeter Fencing --- Electric Fence --- Burglar Proof --- CCTV --- Security Gateman Title: Certificate of Occupancy --- Individually Registered --- Available for Immediate Solicitor Review Banana Island Estate, Banana Island, Ikoyi, Lagos Price: $2,500,000 (approximately ₦3,444,800,943 at current rates --- naira equivalent subject to exchange rate fluctuation) Flood-Free --- Confirmed by Smilebay Realties Pre-Listing Assessment Posted: July 12, 2026 NPC Comparable Context: 5-bedroom fully detached Ikoyi duplex --- ₦2,300,000,000 (not on Banana Island) 5-bedroom Ikoyi mansion --- ₦3,500,000,000 (not on Banana Island) This listing: Banana Island Estate terraced duplex --- $2,500,000 --- island address, jetty, C of O Listed by Smilebay Realties Limited --- Ref: 3568002

Banana Island Estate, Banana Island, Ikoyi, Lagos
5 6
3-Bedroom Apartment + BQ
Premium
17
₦750,000,000

Flat / apartment for sale

3-Bedroom Apartment + BQ

Awolowo Road, Ikoyi. A Pool That Looks Out at the Lagos Lagoon. 3 Bedrooms. BQ. Elevator. Gym. 24/7 Power. C of O. ₦750 Million. 90% Complete. The Price Goes Up When It Finishes. The problem Awolowo Road, Ikoyi, has a price point that the market has established clearly. Comparable 3-bedroom serviced apartments in this neighbourhood are currently listed at ₦900M and ₦1B. Those are the numbers that NPC buyers see when they search Ikoyi apartments. Those are the numbers that have been setting the expectation for what a 3-bedroom in this corridor should cost. ₦750M on the same road --- with a waterfront pool, a BQ, an elevator, a gym, 24/7 power, and a C of O --- does not fit that expectation. It fits the development stage. This building is 90% complete. The developer has priced at the 90% stage, not the 100% stage. That ₦150M to ₦250M gap between this unit and its completed comparables is not a discount for a lesser product. It is the early entry advantage --- the price that exists today and will not exist when the final finishes are in and the building opens. The buyer who moves now buys Awolowo Road Ikoyi at ₦750M. The buyer who waits buys it at a number the developer has not published yet --- but has promised will be higher. The agitation Here is what the Ikoyi apartment market has been doing to the serious buyer who has been watching it from the outside. The ₦1B listing you saw last month. The ₦900M listing before it. The consistently upward movement of the Ikoyi 3-bedroom apartment market that has made the entry price look different every quarter. You are not in a different income bracket from the buyers who entered this market at ₦600M, ₦700M, ₦800M. They moved when a specific window was visible and the entry was below where the market was heading. You are looking at that window right now. Meanwhile the rent continues. Your landlord's renewal is coming. The number will move. You will absorb it because your school run is mapped, your routines are settled, your domestic infrastructure is established in your current address and rebuilding it somewhere else costs time and energy the week does not have. Every absorption is a month of someone else's equity. Every month the Ikoyi waterfront apartment sits 90% complete is a month the developer inches closer to the stage where the price increases. That stage is close. The solution a 3-bedroom serviced apartment on Awolowo Road, Ikoyi --- with a waterfront swimming pool, BQ, elevator, gym, 24/7 power, C of O title, and a completion stage that makes today the correct moment to commit. Here is what the building delivers: Awolowo Road, Ikoyi --- the address that requires no explanation on the Island. Awolowo Road is the primary arterial road of Ikoyi --- connecting the VI boundary to the heart of Ikoyi's residential and commercial core. It is where the upscale boutiques are. Where the private medical practices and law firms of Ikoyi's professional corridor operate. Where the dining options that define Lagos Island evenings are concentrated. This is not a side street off Ikoyi. It is Ikoyi itself --- the main road, the recognised address, the postcode that carries the full weight of the neighbourhood. A waterfront swimming pool. Not a compound pool facing a boundary wall. Not a rooftop pool looking at the building across the road. A waterfront pool --- positioned at the building's lagoon-facing edge, where the water in the pool appears to extend into the Lagos lagoon visible beyond it. Swimming in this pool at 7 AM on a Sunday morning means the Lagos lagoon is the view. The water is in front of you and the water is beyond you and the city is still waking up. That specific experience is not replicated by any other pool in any other Ikoyi apartment listing on the market today. It is this building, this edge, this view. A BQ within the apartment's allocation. Your domestic staff has dedicated accommodation. The apartment's spatial integrity and your household's privacy are maintained permanently. You are not managing a domestic arrangement that competes with your living space. The household is properly configured from day one. An elevator. The building handles vertical movement. You do not negotiate stairs. Groceries, luggage, the laptop bag after a long day --- all managed by the elevator. In a multi-floor Ikoyi apartment building, this converts a physical daily friction into a non-event. A gym inside the building. The fitness infrastructure is available without leaving the address. Before the 7 AM call. After the 9 PM return. The membership you've been maintaining elsewhere, used four times a month, replaced by the gym in the building you own. 24/7 power supply --- backed by a standby generator, prepaid meter, and borehole. The power is on when you arrive. It is on when you leave. It is on when you travel and your household remains in the apartment. The power infrastructure is managed at the building level. It is not your operational responsibility. All rooms en-suite. 3 bedrooms. 3 bathrooms. 4 toilets. Fitted kitchen. Air conditioning. Pop ceilings. Built-in wardrobes. Balconies. Water heater. The apartment is fully specified. Nothing is aspirational. The interior is complete at 90% --- the fittings are in, the rooms are configured, the finishes are in their final stage. You are not buying a shell with a delivery promise twelve months away. You are buying a building at its final stage of completion. Certificate of Occupancy. The strongest individually registered title instrument in Lagos land law. Issued by the Lagos State government in the name of the owner. No derivation process. No upgrade required. Your solicitor verifies it. The transaction proceeds. This is the cleanest title position available for an Ikoyi apartment purchase. 90% complete --- and the developer has confirmed the price increases at 100% completion. This is not a marketing statement. It is the standard pricing behaviour of Lagos development at this stage. The developer has built the building using pre-completion pricing as the acquisition incentive. When the building is done --- when the hoardings come down, the lobby is operational, and the amenities are open --- the price reflects the completed product. That completed price is not ₦750M. It is the number the developer will announce closer to handover. The comparable listings on NPC right now --- ₦900M and ₦1B for similar Ikoyi 3-bedrooms --- tell you the directional range. ₦750M is available today. The window is measurable in weeks, not months. The NPC comparable listings that appear alongside this building today --- ₦1,000,000,000 and ₦900,000,000 for 3-bedroom serviced apartments in Ikoyi --- are fully completed. This building, at ₦750,000,000, is 90% complete. That ₦150M to ₦250M differential is the early entry advantage. It is available now. It closes at completion. Awolowo Road, Ikoyi sits on the waterfront edge of Lagos Island. The building's waterfront position is the same elevation and drainage infrastructure that gives the Ikoyi lagoon-front its consistent flood resistance. The established urban infrastructure of Awolowo Road --- maintained continuously as Ikoyi's primary arterial road --- places this address firmly outside the flood risk categories that affect lower-lying or less-managed Lagos Island addresses. Smilebay Realties does not list properties in flood-prone areas. This building on Awolowo Road, Ikoyi was assessed against that standard before listing. It passed. The call to action Awolowo Road, Ikoyi. ₦750,000,000. 90% complete. Waterfront pool. BQ. Elevator. Gym. 24/7 power. C of O. All rooms en-suite. Balconies. Fitted kitchen. The comparable completed apartments in this neighbourhood are at ₦900M and ₦1B today. This one is ₦750M because it is 90% complete. The developer has stated the price increases at 100%. That is not a distant deadline. It is the next few weeks. The buyer for this apartment has capital ready or a financing arrangement confirmed. They are not forming a view on Awolowo Road Ikoyi for the first time. They know the address. They understand the C of O. They recognise ₦750M for a waterfront pool, Ikoyi address, fully specified apartment at 90% completion for what it is. One call. C of O available for immediate solicitor review. Viewing by appointment. Call or WhatsApp Smilebay Realties: +234 901 517 4801 The pool faces the lagoon. The price goes up when the building finishes. This is the window. 3 Bedrooms --- 3 Bathrooms --- 4 Toilets --- All Rooms En-Suite BQ --- Serviced Building --- Newly Built Waterfront Swimming Pool --- Lagoon-Facing Elevator --- Gym --- Landscaped Garden --- Ample Parking --- Balconies Interior: Fitted Kitchen --- Air Conditioning --- pop Ceilings --- Built-In Wardrobes --- Tiled Floors --- Water Heater --- Guest Toilet Power: 24/7 Power Supply --- Standby Generator --- Prepaid Meter --- Borehole Security: Security Gate --- Perimeter Fencing --- Electric Fence --- Burglar Proof --- CCTV --- Security Gateman --- Fire Safety Title: Certificate of Occupancy (C of O) Development Stage: 90% Complete --- Price Increases at 100% Completion Awolowo Road, Ikoyi, Lagos Price: ₦750,000,000 Flood-Free --- Confirmed by Smilebay Realties Pre-Listing Assessment NPC Comparable Context: Similar Ikoyi 3-Bed Serviced Apartments Currently Listed at ₦900,000,000 and ₦1,000,000,000 Listed by Smilebay Realties Limited --- Ref: 3565061

Awolowo Road, Ikoyi, Lagos
3 3

About Smilebay Realties Limited

Mission statement It is from the extensive research undertaken from our firm that we have mapped out strategies to eradicate the previous modus operandi of real estate agencies in Nigeria as well as the challenges faced by developers, buyers and investors in real estate. Vision It's within our vision, the eradication of the non-professional model of estate management and sharing a more innovative and trendy strategy that suits clients of the internet age. It is out of our unique experience in the real estate market that we decided to become a buyer based real estate listing website where buyers can get directly connected to real estate developers and sellers without going through chains of real estate agents who do not have intention behind their agency services. We decided to build a brand from the mistakes of our competitors to suit real estate buyers who need direct communication with the developer/seller of the property a potential buyer is interested in. We have had over 12 years of solid experience with buyers and sellers here in Nigeria and we have a deep client base of real estate developers who build and sell brand new homes here in Nigeria. Our staff base is mostly IT consultants who understand the art of selling goods and services over the internet with internet lead generation systems as much as we have staff who do the leg work and physical scouting of properties from real estate developers and sellers willing to list with us. We also have the foundational staff who are educationally qualified in real estate and financial education which ensures that clients make the best financial decisions. Smilebay Realties Limited is a real estate firm that engages in the business of real estate here in Nigeria. We are commissioned agents that directly connect real estate buyers to real estate developers and sellers in Nigeria. We ensure that our clients are able to find and successfully purchase their genuine dream home without long chains of real estate agents. Smilebay Realties Limited is a registered company with cac, RC: 1080825 and we are legitimately positioned to help buyers and sellers make their real estate transactions successful. Our clients Real estate buyers. Real estate developers/sellers. Short let property owners (vacation homes) Vacation homes guests.
For estate agents & developers

List your properties on Nigeria Property Centre.

Reach property seekers across the country every month. Post in minutes, manage from one dashboard, and respond to enquiries by phone or WhatsApp.

  • Live in minutes
  • Millions of monthly visitors
  • Free verified profile

Free starter plan

List your properties