Cost of Buying a Property in Lekki (2025 Guide)
If you are searching for the cost of buying a property in Lekki, you’re in the right place. Lekki has become one of the most attractive real estate hubs in Lagos, offering a mix of luxury living, fast-rising land value, and strong investment opportunities.
In this 2025 guide, we’ll explore property prices in Lekki, the cost of houses and land, hidden expenses, factors influencing prices, and the safest way to buy. By the end, you’ll know exactly what to budget for and how to make a smart investment decision.
Why Property Prices in Lekki Keep Rising
Over the past decade, property prices in Lekki have steadily increased. This is due to several factors:
Rapid urbanization and migration into Lagos
- Proximity to Victoria Island and Ikoyi
- Expanding infrastructure: Lekki-Epe Expressway, malls, schools, hospitals
- Ongoing mega-projects like the Lekki Deep Sea Port and Free Trade Zone
With more investors entering the market, the cost of buying a property in Lekki is expected to keep appreciating, making it a prime choice for long-term investment.
Related Read: Complete Guide to Buying a Home in Lekki Lagos (2025 Edition)
Average Cost of Buying a Property in Lekki
The average cost of buying a property in Lekki varies depending on location, property type, and level of finishing. In 2025, here’s what buyers can expect:
Prices of 3-Bedroom Terrace Duplex in Lekki
₦85 million – ₦120 million
Prices of 4-Bedroom Semi-Detached Duplex in Lekki
₦150 million – ₦200 million
Prices of 5-Bedroom Fully Detached Duplex in Lekki Phase 1
₦250 million – ₦400 million
Modern homes in Chevron Drive, Ikate, and Lekki Phase 1 dominate this range. Many buyers working with a Real Estate Broker in Lekki Lagos find these options ideal for family living or investment.
Cost of Land in Lekki: What to Expect in 2025
For investors who prefer land banking, the cost of land in Lekki offers flexible entry points. Current 2025 prices include:
Land Prices in Ajah & Sangotedo
₦35 million – ₦60 million per plot
Land Prices in Chevron Drive & Orchid Road
₦60 million – ₦120 million per plot
Land Prices in Lekki Phase 1 & Prime Estates
₦200 million – ₦400 million per plot
Land Prices in Ibeju-Lekki
₦15 million – ₦40 million per plot
Land in Ibeju-Lekki remains the most affordable, with huge potential returns due to its proximity to the Free Trade Zone.
👉 Related Resource: Lagos Real Estate Investment from Abroad
Key Factors That Affect Property Costs in Lekki
Several elements influence property prices in Lekki:
- Location: Lekki Phase 1 is premium, while Ajah is more affordable.
Title documentation: C of O, Governor’s Consent, or Excision significantly impact value.
- Infrastructure: Roads, drainage, and estate facilities raise prices.
- Market demand: Higher demand translates to faster price appreciation
👉 Tip: Always consult a licensed Lagos Real Estate Agent before making a commitment.
Hidden Fees When Buying Property in Lekki
Many buyers focus only on the purchase price but overlook hidden costs. These can include:
- Agency fees – typically 5%
- Legal fees – around 5%
- Survey and land registration costs
- Development levies in gated estates
Understanding these helps you calculate the true cost of buying a property in Lekki and avoid surprises.
👉 Read More: Trusted Realtor in Lagos
Best Areas to Buy Property in Lekki
If you’re planning to buy a property in Lekki, these are the top areas to consider:
- Lekki Phase 1 – Luxury properties and high returns
- Chevron Drive / Orchid Road – Secure estates, family-friendly
- Ikate Elegushi – Trendy with modern apartments
- Ajah & Sangotedo – Affordable but growing fast
- Ibeju-Lekki – Long-term investment hotspot
👉 See Reviews: Lekki Realtor Reviews
How to Reduce the Cost of Buying a Property in Lekki
Yes, the cost of buying a property in Lekki is rising, but there are smart ways to manage expenses:
- Purchase off-plan properties at lower rates
- Explore up-and-coming areas like Sangotedo or Ibeju-Lekki
- Work with an experienced Real Estate Broker in Lekki who can negotiate better deals
- Verify all documents early to avoid fraud and hidden fees
Buying Safely in Lekki: How to Avoid Scams
Lagos real estate is attractive but can be risky. Common scams include:
- Omonile (land grabbers) selling disputed land
- Fake or forged documents
- Double allocation of plots
The safest way is to buy through a trusted broker like ATLAS REALTORS. We handle due diligence, legal verification, and documentation to ensure your investment is secure.
📌 Verify us on Google My Business.
Lekki Property vs Other Lagos Locations
Lekki offers a balance between affordability and modern living, making it the preferred choice for many homebuyers and investors.
Buying a Property in Lekki as a Foreign Investor
For diaspora investors, the cost of buying a property in Lekki may be competitive compared to similar cities abroad. With proper guidance, foreigners can safely invest in:
- Off-plan homes with high ROI
- Gated estates with C of O titles
- Strategic lands in Ibeju-Lekki
👉 Full Guide: Lagos Real Estate Investment from Abroad
Frequently Asked Questions
How much is the average cost of a duplex in Lekki in 2025?
Between ₦150M – ₦250M depending on location and finishing.
Are foreigners allowed to buy property in Lekki?
Yes, as long as the title is verified and transactions are legal.
What’s the cheapest way to buy land in Lekki?
Buying in Ibeju-Lekki or Sangotedo offers affordable entry points.
What are the hidden fees when buying property in Lekki?
Agency, legal, and documentation costs are common.
Conclusion – Is Buying Property in Lekki Worth It?
The cost of buying a property in Lekki may seem high, but the long-term benefits—capital appreciation, rental income, and modern lifestyle—make it worth the investment.
Whether you want a family home, land for future growth, or a high-yield property, Lekki remains the smartest choice in Lagos.
👉 Ready to buy? Contact ATLAS REALTORS today to find a verified property that fits your budget.
📌 Visit our Google My Business Page to see what clients say about us.
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