Most Expensive Residential Areas in Lagos

Lagos, the commercial hub of Nigeria, is home to some of the most luxurious and expensive residential areas in the country. Here are the top Most Expensive Residential Areas in Lagos:

Here are the top Most Expensive Residential Areas in Lagos:

1. Banana Island
   • Renowned as the most expensive neighborhood in Lagos, Banana Island is a man-made island known for its luxury villas, high-end apartments, and opulent lifestyle. It is home to some of Nigeria’s wealthiest individuals and expatriates.
   • Property Prices: Starting from ₦500 million for houses and ₦250 million for apartments.
2. Ikoyi
   • Ikoyi is another high-end area known for its upscale living, security, and serene environment. The neighborhood features luxury apartments, townhouses, and mansions. It is also home to several embassies, consulates, and multinational corporations.
   • Property Prices: Starting from ₦300 million for houses and ₦150 million for apartments.
3. Victoria Island (VI)
   • Victoria Island is a prime location that combines residential, commercial, and recreational facilities. It boasts luxury apartments, penthouses, and waterfront properties. VI is also a major business and financial hub.
   • Property Prices: Starting from ₦250 million for houses and ₦100 million for apartments.
4. Lekki Phase 1
   • Lekki Phase 1 is a sought-after residential area known for its gated communities, modern infrastructure, and proximity to beaches and recreational spots. It offers a mix of luxury homes, townhouses, and high-rise apartments.
   • Property Prices: Starting from ₦200 million for houses and ₦80 million for apartments.
5. Eko Atlantic City
   • Eko Atlantic City is an ambitious new development built on reclaimed land from the Atlantic Ocean. It is set to be a futuristic city with state-of-the-art infrastructure, luxury residences, and commercial spaces. It promises an unparalleled living experience.
   • Property Prices: Starting from ₦400 million for houses and ₦150 million for apartments.
6. Oniru Estate
   • Oniru Estate is a prime residential area located between Victoria Island and Lekki. It is known for its well-planned layout, security, and high-quality housing options, including luxury apartments and detached houses.
   • Property Prices: Starting from ₦180 million for houses and ₦70 million for apartments.
7. Parkview Estate
   • Located in Ikoyi, Parkview Estate is known for its exclusivity, greenery, and luxurious properties. It offers a serene environment with top-notch security and modern amenities.
   • Property Prices: Starting from ₦250 million for houses and ₦100 million for apartments.
8. Nicon Town
   • Nicon Town is an upscale gated community in the Lekki area, known for its well-maintained infrastructure, security, and luxurious houses. It is popular among high-income earners and expatriates.
   • Property Prices: Starting from ₦180 million for houses and ₦70 million for apartments.
9. Osborne Foreshore Estate
   • Located in Ikoyi, Osborne Foreshore Estate is one of the most prestigious residential estates in Lagos. It features luxury homes, waterfront properties, and excellent security.
   • Property Prices: Starting from ₦200 million for houses and ₦80 million for apartments.
10. Chevron Drive
    • Chevron Drive in Lekki is a preferred residential area for its modern homes, gated estates, and proximity to the Lekki-Epe Expressway. It offers a blend of luxury and convenience.
    • Property Prices: Starting from ₦150 million for houses and ₦60 million for apartments.

Conclusion

These neighborhoods are synonymous with luxury, exclusivity, and high living standards. Whether you are looking for a serene environment, modern amenities, or prime locations, these areas represent the pinnacle of residential living in Lagos.

For more detailed listings and information on properties in these areas, you can visit platforms like Nigeria Property Center, Estate Intel, and PrivateProperty and Hazibian international.