Are you looking to buy a house in Lagos? Lagos is Nigeria’s most valuable real estate market, offering luxury, mid-range, and affordable houses in prime locations. Whether you're a first-time homebuyer, real estate investor, or looking for a family home, Lagos has diverse property options in secure estates, commercial districts, and beachfront areas.
This guide covers house prices, best locations, property types, and tips for buying a home in Lagos.
✅ High Investment Returns – Lagos properties appreciate fast due to rising demand and urban expansion.
✅ Flexible Housing Options – Choose from duplexes, apartments, bungalows, and luxury mansions.
✅ Secure & Gated Estates – Many homes come with estate security, 24/7 power, and modern infrastructure.
✅ Growing Real Estate Market – With ongoing developments in Lekki, Ajah, and Epe, buying a house now is a smart investment.
✅ Ideal for Rental Income – Lagos has high rental demand, making it great for Airbnb or long-term leasing.
House prices depend on location, property type, and estate facilities. Below is an estimated price range:
| Location | 3-Bedroom Duplex (₦) | 4-Bedroom Duplex (₦) | Detached Luxury Home (₦) |
|---|---|---|---|
| Lekki Phase 1 | ₦80M - ₦150M | ₦120M - ₦250M | ₦250M - ₦600M |
| Chevron Drive | ₦60M - ₦120M | ₦100M - ₦180M | ₦200M - ₦500M |
| Ikoyi (Banana Island) | ₦300M - ₦800M | ₦500M - ₦1.5B | ₦1B - ₦3B |
| Victoria Island (VI) | ₦100M - ₦300M | ₦200M - ₦500M | ₦500M - ₦1.5B |
| Ajah (Sangotedo, Abijo) | ₦35M - ₦80M | ₦50M - ₦120M | ₦120M - ₦300M |
| Ikeja GRA | ₦80M - ₦180M | ₦150M - ₦350M | ₦300M - ₦800M |
| Epe & Ibeju-Lekki | ₦15M - ₦50M | ₦30M - ₦80M | ₦80M - ₦200M |
