Seso Global’s Guide to Lekki

Thought Leadership Highlights in this article:

• Affordable Property in Lekki, Lagos
• Real Estate investment in Lekki, Lagos
• Lifestyle in Lekki, Lagos
• Real Estate Investment Investment in Lekki, Lagos

Situated on an expanding strip of land between the Gulf of Guinea on its South and Lagos Lagoon on its North, Lekki symbolizes the unique spirit of Nigeria by blending vibrant urban energy with a touch of luxury. Seso Global is pleased to present a guide to the lively district of Lekki. We’ll offer you insight into its real estate landscape, educational institutions, healthcare facilities, diverse dining options, and renowned nightlife scene.

Real Estate

Lekki’s real estate scene mirrors its cosmopolitan atmosphere, providing a diverse range of properties to suit various tastes. Choices include high-rise luxury apartments with amazing views of surrounding water bodies, contemporary townhouses and spacious villas. Lekki’s prime estates, such as Palm Garden Estate, Central Lekki Estate Nicon Town, Ocean Bay Estate and others, offer additional security and exclusivity. Indeed Lekki offers a residence for every lifestyle. Recent research indicates that average annual rental yields in Lekki range from 7% to 8% gross, making it an enticing prospect for property investors. 

However the short term rental market can potentially yield higher returns. Two bed apartments can easily fetch circa $100 per night, This can increase by up to 30% during peak times in the year. Even at this lower overnight rate, and with a 50% occupancy, investors could potentially achieve a gross annualized yield of circa 18% from a NGN 100m apartment. 

Landed properties in Lekki Phase 1 range from N450,000 per sqm to N850,000 per sqm, depending on the location. Flats range from N60 million to N250 million. An average 3 bedroom maisonette in Lekki Phase 1 could go for N150 million while a prime semi detached or detached house could go for as much as N600 million. As one of Lagos’ fastest-growing areas, the real estate market in Lekki promises not just a home but a sound investment.

Schools

Naturally the upscale Lekki neighborhood hosts reputable educational institutions providing top-tier education. These established institutions offer an international and critical perspective on education, ensuring a well-rounded academic journey for growing students. In particular, there are a number of top private schools that cater for the primary and secondary education of students from growing families. Some of the renowned private schools in Lekki include, Imperial Gate School, Lekki British School, and Jasper International School, New Hall International School, Children’s International School, Meadow Hall School and Chrisland International school among others. 

Healthcare 

Lekki stands as a beacon for top-notch healthcare options in Nigeria. Renowned institutions like Evercare Hospital, Louis Med Hospital and Vedi Lifecare Hospital provide world-class medical facilities, offering residents peace of mind in knowing that their health needs are addressed with unparalleled excellence.

Food

Excite your taste buds in Lekki, where the culinary scene is nothing short of an adventure. You can indulge in the sophistication of Circa Lagos or The Place Restaurant or savor the authenticity of Nigerian cuisine at local gems like Natives Restaurant and Village Restaurant. Indeed Lekki caters to a spectrum of palates with its diverse dining options.

Lifestyle 

Impressive beaches and recreational havens in the city contribute to a delightful way of life for Lekki residents. The cosmopolitan hub is also a center for nightlife. From the trendy Blackbell Lounge to the vibrant Bay Lounge and Sailors Lounge residents can have fun, relax and network, creating unforgettable evenings in Lekki. Other notable hotpots in Lekki like the Tuscan Grill and Bar and clubs such as The Underground Lagos promise round the clock entertainment.

Retail 

Lekki caters to diverse shopping preferences, ensuring everyone finds something to their liking. From the renowned Palms Shopping Mall to vibrant local markets, the district simplifies daily life with its array of commercial spaces. The Lekki Arts and Crafts Market, Sky Mall, and various other shopping destinations also contribute to a dynamic retail landscape, offering residents essentials as well as luxury items

Ultimately, Lekki encapsulates the dynamic evolution of Lagos, seamlessly blending commerce, luxury, and vibrant energy. Whether enticed by its real estate investment potential, educational prestige, healthcare excellence, or the array of lifestyle trends and attractions, Lekki guarantees you an extraordinary experience.