Top 5 Most High-Priced Residential Areas in Lagos

The level of luxury living in Lagos, Nigeria, is unparalleled. There is a property for everyone seeking an affluent lifestyle, from sprawling estates on private islands to high-rise flats with breathtaking city views.

However, if you’re looking for the utmost in luxury, these three venues are in competition to be the most sumptuous in Lagos State.

This private, gated island off the coast of Ikoyi houses some of Nigeria’s and the world’s wealthiest individuals. Imagine grand residences with helipads, private jets, and infinity pools. Banana Island exudes exclusivity, having hosted royalty, business giants, and celebrities. This location provides the finest level of privacy, security, and opulent luxury. Banana Island houses can cost anywhere from ₦750,000,000 to billions of naira.

Though not as secluded as Banana Island, Ikoyi offers a unique type of splendor. This upscale district is home to high-end luxury shops, ambassadorial homes, and some of Lagos’ greatest restaurants. Ikoyi is home to colonial-era houses, contemporary luxury apartments, and tree-lined lanes that exude a mix of old-world elegance and modern refinement.

In Ikoyi, house prices range from ₦480,000,000 to billions of naira.

This ultra-modern city, built on an artificially reclaimed body of water, portrays the future city. A marina for private yachts, world-class shopping malls, and towering apartments with stunning ocean views are just a few of the amenities accessible here. Despite its early phases of construction, Eko Atlantic City is quickly distinguishing itself as one of Africa’s most sumptuous and elite residential districts.

If you want to live in one of Eko Atlantic’s high-rise flats, you need budget around $450,000. Their homes are mostly priced in dollars.

Victoria Island, Lagos’ economic hub, is teeming with foreign business. This opulent lifestyle may be found in its luxury hotels, shops, and fine-dining restaurants. The average price of residences for sale in Victoria Island (VI), Lagos is ₦313,000,000.

Luxury and peace of mind coexist in this affluent community. Lekki Phase 1 is the finest place to live if you want to be pampered and have fun. It has beautiful beaches, exquisite dining restaurants, and affluent estates. In Lekki, housing prices range from ₦ 90,000,000 to ₦ 300,000,000.

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