Ikota, Lekki: Affordable Luxury Homes for Rent & Sale | Apartments.ng

Ikota is a fast-growing residential area in Lekki, Lagos, known for its affordable luxury housing, gated estates, and strategic location. Situated along the Lekki-Epe Expressway, Ikota is an ideal place for young professionals, families, and real estate investors looking for quality living at a reasonable cost.

In this guide, we’ll explore where Ikota is located, its real estate market, and how you can find houses for rent or sale in Ikota using Apartments.ng.

Where is Ikota Located?

Ikota is located in Lekki, Lagos State, along the Lekki-Epe Expressway, just before VGC (Victoria Garden City).

Geographical Location

• State: Lagos
• LGA: Eti-Osa
• Nearest Areas: Victoria Garden City (VGC), Ajah, Chevron, Lekki Phase 1
• Road Access: Direct access to Lekki-Epe Expressway

Ikota is one of the most accessible and well-planned areas in Lekki, making it a prime location for residential and commercial properties.

Why Live in Ikota, Lekki?

1. Affordable Luxury Housing

Compared to areas like Lekki Phase 1 and Victoria Island, Ikota offers modern houses at relatively lower prices. It is home to several gated estates, such as:

• Ikota Villa Estate (one of the largest estates in Lekki)
• Emerald Estate
• Victory Park Estate
• Jakande Estate

2. Security & Gated Communities

Most estates in Ikota have 24/7 security, gated access, and CCTV surveillance, ensuring a safe living environment for residents.

3. Proximity to Key Locations

Ikota is strategically located and offers easy access to:

• Victoria Island & Ikoyi (30-40 minutes drive)
• Lekki Phase 1 & Chevron Drive (10-15 minutes drive)
• Ajah & Sangotedo (5-10 minutes drive)

4. Good Infrastructure & Social Amenities

Ikota has well-developed infrastructure, including:

• Paved roads & drainage systems
• Reliable electricity supply (compared to other parts of Lekki)
• Shopping malls & supermarkets (e.g., Shoprite, Ikota Shopping Complex)
• Top schools & hospitals

5. Business & Investment Opportunities

Ikota is an attractive area for real estate investors, offering high rental demand for shortlets and long-term rentals.

Real Estate in Ikota: Renting & Buying Trends

Rental Prices in Ikota, Lekki (2024 Estimates)

Buying Property in Ikota, Lekki

Prices depend on location, estate type, and property features.

Best Estates in Ikota, Lekki

1. Ikota Villa Estate

• One of the largest and most popular estates in Ikota
• Features modern duplexes, serviced apartments, and townhouses
• Gated with top-notch security and infrastructure

2. Victory Park Estate

• A high-end residential estate with luxury homes
• Well-planned road networks, drainage, and green spaces

3. Emerald Estate

• A mid-range estate with affordable luxury homes
• Good for young professionals and families

4. Ikota GRA

• Offers a mix of residential and commercial properties
• Close to major malls, schools, and business hubs

How to Find Houses for Rent or Sale in Ikota, Lekki

✔ Browse Verified Listings on Apartments.ng – Avoid scams by using a trusted platform.

✔ Set Your Budget & Preferred Location – Consider extra costs like agency fees, legal fees, and service charges.

✔ Schedule an Inspection – Visit the property before making any payment.

✔ Negotiate & Verify Ownership – Ensure the property has proper documentation like the Certificate of Occupancy (C of O).

✔ Sign a Rental Agreement or Purchase Contract – Always request official receipts for payments.

Find Houses for Rent or Sale in Ikota, Lekki with Apartments.ng

Looking to rent or buy a house in Ikota, Lekki? Apartments.ng makes house-hunting easy and stress-free.

✔ Browse thousands of verified property listings
✔ Compare prices, locations, and property types
✔ Contact landlords and real estate agents directly