Ikoyi Flats for Sale : Be a Prestigious Landlord
Ikoyi is one of the most esteemed and affluent places to live in Lagos. It contains some high profile housing estates like Parkview Estate and Banana Island. These have lovely and high value real estate properties, some of which face the Lagos Lagoon. A few corporate organizations like MTN and Dangote also have their headquarters in Ikoyi, where the ambiance endears it to investors.
There exists a wide range of properties for sale in this area. The high rise serviced apartments in Ikoyi come with communal lifts, gyms, swimming pools and security. Beyond the tight security at the estates in Ikoyi, residents also provide their own security. There is a good road network, which connects to the mainland through the Third Mainland Bridge, and the Lekki/Ajah axis through the Bourdillon Bridge. Some of its roads also link to Victoria Island Lagos’ Business Hub.
The thriving nightlife also adds to its charm. There are high profile schools such as St. Saviours School and the British School and good hospitals. Additionally, 5 star hotels like the Southern Sun, restaurants and eateries, a few embassies, and prestigious relaxation spots like Ikoyi Club. In terms of housing units, there are also many rental apartments and houses for sale and rent. One can also buy land here and build their own dream home.
However, most are flats for sale in Ikoyi. The apartments on offer include penthouses and 2 – 4 bedroom units. The more popular ones are the luxury flats for sale in Ikoyi.
The apartments here, both commercial and residential, attract premium prices. Some owners even request these payments in foreign currency. The value of property is highly appreciable and whereas a housing unit could cost N10m in 2010, today such a piece of property goes for around N50m or more. 26 units of super deluxe apartments on Glover Road go for about ₦9,000,000,000, while 12 units of 3 bedroom flat at Ikoyi are priced at ₦ 20,000,000.
- Ensure that the buildings are wholly occupied as free apartments for sale in Ikoyi might be tantamount to higher service charge due to the expense of running facilities like generating sets with few people to pay for them.
- Consider proximity to your office
- Consider the ventilation of the apartment
- Consider the availability of parking space.