Lekki is a city in Lagos State, Nigeria. It is located to the east of Lagos city. Lekki is a naturally formed peninsula, adjoining to its west Victoria Island and Ikoyi districts of Lagos, cash buyers invest in Lekki phase 1.Lekki is famous for its luxury real estate and also has some of the most beautiful beaches in Lagos. Living in Lekki has become the dream for many. Reason:
1. LOCATION: The value of a property in Lekki phase 1 is highly influenced by its location. Owning land on the Island generally suggests a great sense of luxury as the purchasing value is usually high compared to the mainland. Investing in a location like Lekki phase 1 would definitely bring in huge returns to investors. Any savvy investor who is yet to invest in this estate can be said to be sleeping on a bench.
2. STATUS ASPIRATION: Lekki has recently been the go-to residential spot in Lagos especially for those who can’t afford to buy a house in Ikoyi Lagos. Living in Lekki has become the dream for many and is considered as a status upgrade and trust me if you have the money why not?
3. SECURITY OF INVESTMENT: Landed properties are usually fixed assets, you have the security as an investor that your money will not disappear, unlike some other investment options that are quite risky. With the recent hiccups suffered by the Nigerian economy, putting your hard-earned money in a secure venture like buying a Land at Lekki is usually a good one.
4. APPRECIATION IN VALUE: Properties in Lagos appreciate faster than you can imagine. There has been a constant migration of the “creme de la crème” to the Island hence increasing the value of properties and creating a competitive market for properties in areas like Lekki. Investing in a venture with high demand puts the money in your bag. There is constant development in terms of new infrastructure, roads, social amenities, and many more. These developments indirectly affect the value of your property positively which means more returns on your investment.
5. Fast returns on sale: There is nothing more stressful for an investor than to have your hard-earned money tied up in a business venture for years without yielding interest. A good reason to buy a property in Lekki is that there are constant demands for your investment, hence, your money does not get tied down over a long period of time.
This is a four (4) unit terrece of 3 bedrooms with boys quarters for each. The property is sitting on 925.214 square meters