{"id":4310,"date":"2017-02-09T17:47:28","date_gmt":"2017-02-09T16:47:28","guid":{"rendered":"http:\/\/www.tolet.com.ng\/blog\/?p=4310"},"modified":"2018-05-07T15:59:39","modified_gmt":"2018-05-07T14:59:39","slug":"5-most-expensive-luxury-real-estate-locations-in-nigeria","status":"publish","type":"post","link":"https:\/\/propertypro.ng\/blog\/5-most-expensive-luxury-real-estate-locations-in-nigeria\/","title":{"rendered":"5 Most Expensive Luxury Real Estate Locations in Nigeria"},"content":{"rendered":"

With the desire and demand for luxury real estate growth in Nigeria<\/a>,<\/strong> it is no wonder the prices for owning homes in some of the best luxury real estate locations in the country keeps getting higher. These luxury real estate locations in Nigeria can be found mostly in Abuja<\/strong> and Lagos.<\/span><\/p>\n

Most residents can only dream to own properties in these locations as they are mainly demanded by the upper class, the expatriates, the creme de la creme of the society.<\/span><\/p>\n

Below is a list of the top 5 most expensive luxury real estate locations in Nigeria<\/strong>:<\/span><\/p>\n

Banana Island<\/h2>\n

 <\/p>\n

\"Banana<\/span><\/p>\n

Banana Island<\/strong>, is an area of Ikoyi, Lagos<\/strong> known for its wealthy, multi-cultural aura. This area has some of the most expensive real estates in Nigeria as it houses some of the most expensive houses in Nigeria. It has one of the highest density of millionaires within its boundaries. It is home to the likes of Mike Adenuga, Iyabo Obasanjo, Sayyu Dantata<\/strong> and a host of other elites.<\/span><\/p>\n

This island is beautifully designed with well-laid lawns, beautiful flowers, and well-paved roads. The quietude and the untainted environment is a major attraction as well.<\/span><\/p>\n

ALSO READ: 5 Most Expensive Cities To Live in Nigeria<\/a><\/strong><\/span><\/p>\n

A property in Banana Island can go for as high as N700Million and above. Renting a three bedroom apartment in this area can go as high as N15Million per annum and above<\/span><\/p>\n

Banana Island is a man-made island and is curved in the shape of a banana hence the name. The banana-shaped island is approximately 1,630,000 square meters in size and it has been zoned into 536 plots consisting of 100 closes, which serve to enhance the banana shape of the island.<\/span><\/p>\n

ALSO READ: Celebrity Houses in Banana Island<\/a><\/strong><\/span><\/p>\n

Residents are provided world-class utilities including underground electrical systems, an underground water supply network, central sewage system and treatment plant, street lighting and satellite telecommunications networks, as well as overhead and stormwater covered drainage. All of these add up to make the cost of living in Banana Island, all the more expensive. One of the most outstanding features of the island is the Ocean Parade Towers<\/strong> rising into the sky at eight floors with a penthouse.<\/span><\/p>\n

CHECK OUT: PROPERTIES FOR SALE IN BANANA ISLAND<\/a><\/strong><\/span><\/p>\n

CHECK OUT: PROPERTIES FOR RENT IN BANANA ISLAND<\/a><\/strong><\/span><\/p>\n

Maitama<\/h2>\n

\"Maitama\"<\/span><\/p>\n

Maitama<\/strong> is one of the major districts of Abuja<\/strong>,\u00a0it is in the phase 1 development plan of the federal capital territory. Maitama is one of the prestigious areas in Abuja. The area is home to most embassies and high commissions. It is an exclusive and expensive area where Nigeria\u2019s big-shots reside.<\/span><\/p>\n

Most people who live in Maitama are diplomats, ministers, government functionaries, former or serving governors and their families, senators or big-time contractors. The Dome, Independent National Electoral Commission, Nigerian Communications Commission, British Council, Transcorp Hilton and the Minister’s hill<\/strong> are some of the distinguishing places in Maitama.<\/span><\/p>\n

A property in Maitama can go as high as N600million or more<\/span><\/p>\n

CHECK OUT: PROPERTIES FOR SALE IN MAITAMA<\/a><\/strong><\/span><\/p>\n

CHECK OUT: PROPERTIES FOR RENT IN MAITAMA<\/a><\/strong><\/span><\/p>\n

Asokoro<\/h2>\n

\"Asokoro<\/span><\/p>\n

One of the major districts in Abuja, Asokoro<\/strong> is an upscale, secured and high-class area. This haven for serving ministers and top government officials is recognized as Abuja\u2019s most exclusive district.<\/span><\/p>\n

ALSO READ: Top 7 Most Expensive Places to Live in Lagos<\/a><\/strong><\/span><\/p>\n

One of the <\/span>standpoints of this area which easily makes it our hottest zone is its strategic location. Asokoro houses the Economic Community of West African States, (ECOWAS) Secretariat, National Intelligence Agency, World Health Organization (WHO) Office as well as the Aso rock<\/strong>, making it close to been the seat of power not only in Nigeria but the entire West African region.<\/span><\/p>\n

Properties in Asokoro can go for as high as N500Million and above<\/span><\/p>\n

CHECK OUT: PROPERTIES FOR RENT IN ASOKORO<\/a><\/strong><\/span><\/p>\n

CHECK OUT: PROPERTIES FOR SALE IN ASOKORO<\/a><\/strong><\/span><\/p>\n

Jabi<\/h2>\n

\"Jabi<\/span><\/p>\n

Jabi<\/strong> located in Abuja<\/strong> sure has the eye and the interest of many Nigerian politicians and the upper class, little wonder a property in this area can go for as high as N400Million and above<\/span><\/p>\n

CHECK OUT: PROPERTIES FOR RENT IN JABI<\/a><\/strong><\/span><\/p>\n

CHECK OUT: PROPERTIES FOR SALE IN JABI<\/a><\/strong><\/span><\/p>\n

Nicon Town<\/h2>\n

\"Nicon<\/span><\/p>\n

Nicon Town<\/strong> located in Lekki<\/strong> is one of the emerging real estate markets<\/a> in Lagos. A property in Nicon Town, Lekki can go for as high as N380million and above<\/span><\/p>\n

CHECK OUT: PROPERTIES FOR SALE IN LEKKI<\/a><\/strong><\/span><\/p>\n

CHECK OUT:\u00a0PROPERTIES FOR RENT IN LEKKI<\/a><\/strong><\/span><\/p>\n

For affordable properties for rent and for sale in various locations in Nigeria, visit\u00a0 PropertyPro.ng<\/a> NOW!<\/span><\/p>\n

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