Why Invest in Lekki Phase 1?

• Limited land supply (scarcity drives value)

• High-income tenant base

• Strategic location near business districts

• Strong infrastructure and road network

• High rental and resale demand

✅ Important: Flood Risk & Infrastructure

Some parts of Lekki Phase 1 experience flooding, especially:

• Low-lying areas

• Streets with poor drainage

However:

• Many estates now have improved drainage systems

• Newer developments are better structured

✅ Always inspect drainage before purchase.

✅ Cost of Building in Lekki Phase 1

• Land: ₦200M – ₦600M+

• Construction: ₦150M – ₦400M+

• Legal & documentation: 5% – 10%

✅ Common Mistakes to Avoid

• Buying without verifying title documents

• Ignoring flood-prone locations

• Overpaying due to poor market knowledge

• Not using a lawyer

• Trusting unverified agents

✅ Things to Check Before Buying

✔ Title (C of O / Governor’s Consent)
✔ Drainage and flood risk
✔ Road access
✔ Developer credibility

✅Buying from Abroad (Diaspora Guide)

We help Nigerians abroad:

• Verify property documents

• Avoid scams

• Connect with trusted developers

• Complete secure transactions