Affordable Off-plan Studio Apartment, High-roi
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Property Description
NEWLY BUILT STUDIO APARTMENT (29SQM) -- LEKKI PHASE 1 (ADMIRALTY WAY)
Price: ₦58M (Outright)
Flexible Payment Plan Available (Up to 24 Months)
PROPERTY FEATURES
--- Newly built with modern architectural design
--- Well-optimized studio layout (29sqm)
--- Open-plan living & sleeping area
--- Fitted kitchen space with quality finishes
--- Private bathroom & toilet
--- Durable concrete flooring structure
--- Ample parking space
--- Located within an interlocked, well-planned estate
--- Access to estate swimming pool
--- 24/7 security with gated and controlled access
--- Clean water supply & efficient drainage system
--- Serene and secure environment
LOCATION ADVANTAGE
--- Prime location in Lekki Phase 1 (Admiralty Way axis)
--- Close proximity to restaurants, lounges, malls & business hubs
--- Excellent road network with easy accessibility
PAYMENT BREAKDOWN
1. Outright Purchase
- Initial Deposit: NIL
- Monthly Payment: NIL
- Total: ₦58,000,000
2. 6 Months Plan
- Initial Deposit: ₦34,999,999
- Monthly: ₦4,316,666.83
- Balance: ₦25,900,001
- Total: ₦60,900,000
3. 12 Months Plan
- Initial Deposit: ₦29,999,999
- Monthly: ₦2,816,666.75
- Balance: ₦33,800,001
- Total: ₦63,800,000
4. 18 Months Plan
- Initial Deposit: ₦24,999,999
- Monthly: ₦2,332,777.83
- Balance: ₦41,990,001
- Total: ₦66,990,000
5. 24 Months Plan
- Initial Deposit: ₦24,999,999
- Monthly: ₦1,979,167
- Balance: ₦47,500,001
- Total: ₦72,500,000
DELIVERY TIMELINE
--- Completion Date: 2027
WHY THIS PROPERTY?
--- Strong Airbnb & shortlet income potential in Lekki Phase 1
--- Perfect for young professionals & first-time investors
--- Entry-level investment in a prime Lagos location
--- Opportunity for capital appreciation before completion
Property Details
| Property Ref: 3272088 | Added On: 31 Dec 2025 | Last Updated: 09 Apr 2026 |
| Market Status: Available | Type: Self Contain (Single Rooms) | Bathrooms: 1 |
| Toilets: 1 | Parking Spaces: 1 | Total Area: 50 sqm |
| Covered Area: 50 sqm |
Interesting Facts
Who'd have guessed that Lekki Phase 1, one of Lagos' most luxurious neighbourhoods, was formerly a slum?
Leisure and Shopping
There are several types of shopping malls in Lekki Phase 1 if you want to go shopping. Restaurants, game centres, retail boutiques, cinemas, and other amenities are available at some malls.
Popular Estates
Lekki Phase 1 is a prime location for luxury estates because it is a well-planned residential government scheme. There are a number of private estates within its walls. Almost all of them are gated to ensure the safety of their occupants.
Day Life
Due to Lekki's affluent residents, the area has a lot of social hotspots. Weekends are usually jam-packed with visitors from all over who want to unwind after a long week at work. If you're looking to have a great time in Lekki Phase 1, you're definitely covered.
Night Life
Do you want to chill with the ‘Lekki Big Boys & Girls’? Then go nighttime exploring in Lekki Phase 1. Lagos is known as the city that never sleeps, and the residents of Lekki understand the assignment. They are always willing to show up at the local bars and clubs.
Schools
Aside from entertainment and recreation, Lekki Phase 1 provides quality education to its residents. It is home to some of Lagos State's most prestigious schools.
Read the full area guide for Lekki Phase 1, Lekki, Lagos.
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Disclaimer
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