Question 1

How much does a house cost in Lekki?

Accepted Answer

Houses in Lekki range from ₦40 million for a 3-bedroom apartment in Lekki Phase 2 to ₦200 million for a detached duplex in Lekki Phase 1. Luxury penthouses and waterfront properties can cost ₦300 million to ₦800 million.

Question 2

Is Lekki a good place to buy property?

Accepted Answer

Yes, Lekki is one of the best areas to buy property in Lagos. It offers 15-25% annual appreciation, excellent infrastructure, beachfront locations, and strong rental demand. Lekki Phase 1 is particularly premium.

Question 3

What is the difference between Lekki Phase 1 and Phase 2?

Accepted Answer

Lekki Phase 1 is more established and premium with prices 20-30% higher than Phase 2. Phase 1 offers better infrastructure, closer to Victoria Island, and more exclusive neighborhoods. Phase 2 offers better value and newer developments.

Question 4

Are there off-market properties in Lekki?

Accepted Answer

Yes, approximately 40% of luxury property transactions in Lekki happen off-market. Luxury Properties Ltd has exclusive access to off-market listings in Lekki Phase 1, Chevron, and Ikota areas.

Area	3-Bedroom	4-Bedroom Duplex	5-Bedroom Detached
Lekki Phase 1	₦60M - ₦120M	₦120M - ₦250M	₦250M - ₦500M
Lekki Phase 2	₦40M - ₦80M	₦80M - ₦180M	₦180M - ₦350M
Chevron	₦50M - ₦100M	₦100M - ₦220M	₦220M - ₦450M
Ikota / Lakowe	₦35M - ₦70M	₦70M - ₦150M	₦150M - ₦300M

House for Sale in Lekki

House Prices in Lekki by Area (2026)

Why Buy a House in Lekki?

15-25% Annual Appreciation

Beachfront Living

High Rental Demand

Ready to Buy a House in Lekki?

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