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cost of house for sale in Lagos

Cost of House for Sale in Lagos; 8 Most Expensive

Introduction

 

Many houses for sale in Lagos today! So we decided to do research to discover the costliest house for sale on the market in Lagos and the numbers were not just amazing, but mind-blowing. Firstly, the average price of a 3 bedroom apartment in Ikoyi according to Global property guide in H2 2018 is NGN 140 million. 

Meanwhile, in Lagos generally, the average price of a house is NGN 73.7 million. Also, the cheapest you’d get is ₦350,000. However, the cheapest house on this list is ₦700 million and In this post, our focus is going to be on the most expensive houses on the market in Lagos (March 2020). These range in the billions.

Before we dive into the list, we want you to know the importance of knowing the cost of House for sale in Lagos.

 

Why is Knowing the Cost of House for Sale in Lagos Important? 

The reasons are almost endless! Also, a lot of people are oblivious of this and most people today are paying more than they should, but knowing this gives you an edge;

 

* Your chances of overbuying a house is reduced.

*  As it makes you less susceptible to being cheated

* You would be able to decipher how easy it is to (re)sell before you buy 

* It makes you aware of how much you would be needing to spend on other necessities such as insurance, taxes and so on, minus the cost of the house

 

 

Having listed a few. Let’s dive into our list below.

 

 

# 8 Most Expensive Houses for Sale in Lagos

 

  1. Zone J, Banana Island, Ikoyi Lagos- ₦3,500,000,000

cost of house for sale in Lagos

 

Home size: Detached duplex; 8 bedrooms, 10 baths

Lot size: 2,300 Sqm

What to like: Waterfront view, Indoor Swimming pool, green lawn area, security doors, CCTV cameras, all rooms ensuite, 1 BQ, treated water, 24 hours light and more.

 

  1. Banana Island Estate, Ikoyi Lagos- ₦3,000,000,000

cost of house for sale in Lagos

 

Home size: Detached duplex; 6 bedrooms, 6 baths

Lot size: 1,700 Sqm

What to like: well-designed garage, 4 unique living rooms, finished closet from one of the best closet makers in Germany, transparent lifts, private jetty to the sea directly (awesome right!), central air conditioner, swimming pool and an exquisitely fitted kitchen from Pedini.

 

  1. Awuse Estate, Opebi, Ikeja, Lagos- ₦1,500,000,000

 

 

 

Home size: Super executive mansion; 6 bedrooms, 6 baths

Lot size: 4000 Sqm

What to like: 10 different living rooms/ meeting rooms, 15 suites luxuriously furnished for guests house, enclosed swimming pool and rooftop lounge, garden, 24 hours security, 24hrs electricity, water fountains, aquarium, and creative artworks used to adorn the building.

 

  1. Off Adeola Odekun, Victoria Island Extension, V I Lagos- ₦1,200,000,000

 

 

Home size: 2,864 Sqm detached duplex; 5 bedrooms, 5 baths

Lot size: 5,300 Sqm

 

What to like: There are not many details about this property than that it is luxuriously furnished from top to bottom.

 

  1. Banana Island, Ikoyi, Lagos- ₦1,156,000,000

 

 

Home size: Penthouse; 4 bedrooms, 4 baths

 

Lot size: unknown

 

What to like: private gym, cinema, private swimming pool, study room, 2 maid room, all bedrooms en suite with sanitary wares from  Villeroy and Rolls Royce as a bonus.

 

  1. Banana Island, Ikoyi, Lagos- ₦850,000,000

 

Home size: 1000 Sqm detached duplex; 7 bedrooms, 7 baths

Lot size: unknown

 

What to like: a cinema house, private jetty, gym space, private swimming pool, study room, 2 BQ rooms, kitted kitchen, and so on.

 

  1. Kwara Street, Osbourne, Ikoyi, Lagos- ₦800,000,000

 

 

 

Home size: mansion; 8 bedrooms, 9 baths

 

Lot size: 1000 Sqm

 

What to like: well kitted with European equipment and built with Italian granite, security doors, elevator, swimming pool, automatic gate.

 

  1. Parkview, Ikoyi, Lagos- ₦700,000,000

 

 

Home size: detached duplex; 7 bedrooms, 7 baths

 

Lot size: 1000 Sqm

 

What to like: well kitted with European equipment and built with Italian granite, security doors, elevator, swimming pool, automatic gate.

 

#Round up

 

From the foregoing, we can observe that most of the houses are based in Ikoyi in Lagos, with just one from Ikeja and Victoria Island. Thus, we have looked at the 8 most expensive houses for sale on the market in Lagos.

Meanwhile, if you are in the market for houses in the range of NGN 700 million and above, there you have it. However if  your pocket is not very deep or you are not willing to splash out so much cash on a building, check our list of properties below the above range

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