Beach Front Estate 2
24 Hour Electricity Supply
Much closer to the eleko beach road junction than the phase one, the access road to this estate is the planned 8 lane coastal road per the Ibeju Lekki master plan that would directly connect Ibeju Lekki to Victoria Island.
This estate is a buy and build estate and you can own a plot in an estate that highlights the importance of quality and natural living within a gated community with a beautiful beach view.
It has a good and safe title; an exision recorded in the official gazette of the federal republic of Nigeria. The gazette details, Gazette no.29 vol 27 1994 clearly spells out all the details of this excised land; the accurate record of the number of plots that belongs to the government and also to the community.
The Gazette is a very powerful instrument the community owns and can replace a Certificate of Occupancy to grant title to the Villagers. You can independently verify the status of this property at the Lagos land registry with the details, Gazette no.29 vol 27 1994.
Jara Beach resort
Nigeria's all-inclusive overnight beach experience nestled in Museyo Beach, Eleko, Lotu Street, Off Lekki Free Trade Zone Lekki.
Eleko Beach is a private beach in the Lekki Peninsula, about 30 miles east of the Lagos Island in Nigeria. It opened in 1989.
Amen Estate is a development of Redbrick Homes International Limited, an independent, but innovative firm which has attracted some of the best construction and real estate professionals in Nigeria.
Pan Atlantic University
A private, non-profit educational institution located close to the Eleko junction, Ibeju Lekki.
Lekki Coastal Road
This planned road is expected to decongest the constant traffic jam along the main Lekki-Epe Expressway, by linking the Lekki-Epe Expressway at Victoria Garden City (VGC) Junction to the Freedom Way in Eti Osa.
Location of Beach Front Estate 2
Beach Front Estate 2 Prices
- 300sqm - ₦1,600,000
- 600sqm - ₦3,000,000
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A safe titled property where you can buy and build, with residential and investment options.
The residential option offers the opportunity to glean residual rental income or for establish your residential family beach-house or get-away spot.
The commercial option has the enormous opportunity for serving the vast droves of individuals and companies that see this axis, along the eleko beach as a vacation, retreat, sight-seeing, and get away spot.
CASE STUDY: JARA BEACH
Jara beach located along the eleko beach, was established very recently; 2019. A property that sits on about 1000sqm in total and has 6 oceanfront rooms.
Booking a room per night costs ₦125,000 ($324) and ₦600,000 ($1600) to charter the whole rooms plus the swimming pool. This costs more per night than most 5 star hotel locations in Lagos sitting on prime real estate like Ikoyi, Victoria Island and Lekki.
As at mid October, they were fully booked for the month, 50% booked for December and almost booked through November see the update on their instagram page.
Do the math - approximately ₦600,000 x30 = ₦18,000,000 ($1,600 x 30 = $48,000) per month for a beach house that sits in less than 1000sqm by the beach. It also says alot about this location and how much of the population this location attracts.
You can position to meet housing needs or own your beach home as well.
Also worthy of note is the fact that any other type of commercial activity can be located here to serve the growing population piggybacking off the commercial hub that is the dangote refinery, deep sea port and lekki free trade zone also located in Ibeju Lekki.
Purchase your beach facing property today!
NB: This beach facing estate is a little distance from the ocean. If you want a property that is directly ocean facing; checkout the seaside estate.