Off-plan sales are one of the most important aspect of home purchase process all over the world and the Lagos Property Market which is one of the most vibrant in the world is not left out. A check on current listings from top real estate developers in the city has shown that there are so many off-plan offers available for would-be landlords to choose from around Lagos. Here is a review of ten out of the lots.
(1) THE PALISADES
A development from Cross and Churchill Estates Limited, the Palisades is a mixed development comprising of two (2) blocks of apartments made up of forty (40) residential units. A contemporary and spectacular residential edifice of exquisite and well thought-out apartments which consist of:12 Units of 1-Bedroom (en-suite) Apartments (Standard), 6 Units of 2-Bedroom (all en-suite) Apartments (Standard), 2 Units of 2-Bedroom (all en-suite) Apartments (Maisonettes) and The 1-Bedroom Apartments comprise of a bedroom (en-suite), a living room, a kitchen and a visitors toilet. The estate is located adjacent/Beside Lagos State Lekki Peninsula Scheme II, Via Ogombo, Okun-Ajah Road, Lekki, Lagos. These masterpiece residential apartments have been conceived to suit the budget of the start-up, the mid-tier and the upper segment of the Nigerian populace. A 1 BEDROOM STANDARD goes for: N13.5million, 2 BEDROOM STANDARD for N16.5million and 2 BEDROOM MAISONETTE N 18.5million with instalment payment option of up to 18months.
(2) ZEEK’S PEARL
From the stables ofCMB Building, Maintenance & Investment Company Limited, The Zeek’ It is planned to be one of CMB’s exquisite estates located in a serene environment in an exclusive part of Apapa GRA, Lagos. The estate sits on 2,947.43sqm of land and will comprise 2 residential blocks with 38 units of 3-bedroom apartments all ensuite with BQ. Block 1 has 20 units and block 2 has 18 units, with 10 floors per block and ground floor parking. The estate is well planned with the following features to its advantage, each apartment comes with a fitted kitchen, wardrobes in each room, Elevators, Adequate parking, Water supply, and Security and Facilities management services. Interested buyers are expected to pay N70, 000,000 with 30% initial deposit and balance spread over 36 months.
THE BERKSHIRE APARTMENTS:
Also from Cross and Churchill Estates Limited, The Berkshire Apartments is that iconic and ingeniously conceived development made up of three (3) blocks of apartments comprising of 24 units of 3-bedroom homes located adjacent the Lekki Peninsula Scheme 2 Project. This development delivers a unique living experience and offers a relaxing and luxurious retreat in the heart of the Lekki Peninsula. Selling for N24million per unit and located via Okun-Ajah Town, about 5-minutes’ drive from Abraham Adesanya Estate, Adjacent Lekki Scheme 2, Lekki-Ajah, Lagos, these gorgeous apartments are perfectly located for easy access to the Lekki-Ajah corridor, Chevron-Lekki Phase 1, neighborhood and the Central Business District of Victoria Island/Ikoyi/Marina & Broad Street. This project adorns one of the most prestigious areas of Lagos and Nigeria The Lekki Peninsula. Coupled with the humongous opportunities that abound in this vicinity, the Lekki-Peninsula has created massive residential and commercial real estate opportunities, making it a magnetic hub.
(4) ELIZABETH COURT
This development from Landmark Corporate Realty Limited consist of Luxury 4 Bedroom fully/semi Detached Duplex with 1 maid Room well finished at Isheri-North GRA by OPIC along the Lagos-Ibadan Expressway. Apartments in the estate are to come with all rooms’ en-suites, tiled floor, fitted kitchen and fantastic flower Garden etc. Payment plan for would-be owners: Outright payment is N49million, while instalment plan pushes the price to N53.5million. However with 10% initial deposit would-be owners can spread the balance over
one year construction period of 18months. Isheri North is less than 5 minutes’ drive from Magodo Shangisha.
(5) FARA PARK 2:
From Nigeria’s real estate development giant MIXTA Nigeria (formerly ARM Properties Limited) comes FARA PARK II. Fara Park II is an affordable, well planned, mixed-use estate in Lekki (Sangotedo), Lagos. Enjoy affordable living in a secure neighbourhood with paved roads, power and water supply systems. Your home is available either as a Shell or Finished home, with 12/24 month payment plan. Apartments includes: 1-Bedroom, 2- Bedroom, 3-Bedroom and Serviced plots. Home prices starts from N9.53m. Facilities Include: Paved Roads, Power and Water Supply, Recreational Park, Sport Facilities, Commercial Areas, 24 Hour Security Patrol and Good Drainage.
(6) PEARL MILEY:
Another development from CMB, Pearl Miley is a luxury estate located in Oniru, Victoria Island, Lagos State. It is made up of 24 units of luxury three bedroom apartments (with 1 room BQ) and 2 pent houses. It is planned to be a beautifully landscaped, captivating and alluring structure. It is the company’s flagship luxury apartment. The design provides for adequate vehicular parking, Swimming pool, Elevators, Alternative Power Supply, Potable Water Supply, landscaped area and fire escapes. Piling/construction works are on-going. Each apartment comes with a fitted kitchen and wardrobes in each room, Elevators, Adequate parking, Water supply, Security, Facilities management services. Interested buyers are expected to pay N75, 000,000.00 with 30% initial deposit and balance spread over 18 months.
(7) BAYVIEW ESTATES:
Coming as a partnership between the Lagos State Development and Property Company LSDPC and MISA Development Limited, this brand new estate is located at Ikate Elegushi (Behind Oando) by the 4th Roundabout. LSDPC-MISA Estate is a gated community in the heart of Lekki, Lagos offering 32 (nos) 3-bedroom apartment and 68 (nos) 4 bedroom terrace houses, all with large living spaces, security and convenience in a family friendly peaceful environment. Each residential unit boasts its own 1 room Boy’s quarters. The communal clubhouse, swimming pool and central generator promise a quality of life unsurpassed in its area. Flats are on offer for N45M per unit, while terraces are on offer for N75million.
(8) CRESCENDO HEIGHTS:
Crescendo Heights is a new and immaculately finished luxury development in the very heart of Ikate-Elegushi, a stone’s throw away from Lekki Phase 1 Estate. A unique development, distinguished by stunning architecture and a balance of proximity and tranquility”. The 3 BEDROOM APARTMENTS DESIGN – BQ comes with Functional and spacious, Lounge/Dinning, Kitchen, Master Bedroom (ensuite), Bedroom 2- (ensuite), Bedroom. The 4 Bedroom Penthouse Suites with BQ The master bedroom is massive and has French windows leading to a personal terrace from which the occupants can view the splendor of Lehhi Main Lounge/Dinning, Kitchen, Family Lounge, Guest Bedroom (ensuite) and Master Bedroom. Facilities include: Elevator, Pre-wired for home automation system, Building warranty of 2-years defect liability period, Swimming pool, Children’s play & picnic area, Residents’ gymnasium, Sewage treatment plant, 2 Diesel powered generators (1 duty/1 standby), Water treatment facility and Perimeter Security. The project is estimated for completion by November 2018. It is a development from Stable Shelters Development Company Slimited.
(10) MERIDIAN PARK ESTATE:
Situated along the Lekki-Epe Expressway Awoyaya bus stop), with proximity to Novare Shopping Mall, Lagos Business School and Greensprings School. Meridian Park Estate gives you the chance to own a luxury home and be strategically located in the Emerging New Lekki at a very affordable rate as well as a chance to invest in real estate. This is an opportunity every potential home owner should consider. The offer is this: 3 Bedroom Terrace Duplex N6m Deposit, 4 Bedroom Terrace Duplex N6m Deposit, Semi-Detached Duplex N10m Deposit and Fully-Detached Duplex N13m Deposit. Facilities include: Full Recreational Centre, Fully Automated Entrance Gate, 24 Hour Power Supply, Children Playing Ground, Swimming Pool and CCTV/24 Hour Security. This is a development from Meridian Estates Limited.
(11) ELLAS COURT
Is now selling off-plan at Lekki Phase 1. It consist of 4 Units Of 4 Bedroom Terrace For N120m, 1 Unit Of 4 Bedroom Terrace – N130M and 3 UNITS OF 2 BEDROOM FLAT – N55M. The development includes: All room en-suite, 1 Room BQ, Fully fitted Kitchen with Cooker, Oven and extractor, PABX System, Security Camera, Gate House, Balcony, Water Treatment Plant, Jacuzzi, All Internal & External Walls Screened, Motorized Electric Fence and Open sit out area with a Pergola. Ellas Court is a development from Beulah Properties Limited.