
2-Bedroom Serviced Apartment with BQ, Freedom Way, Lekki Phase 1
Freedom Way, Lekki Phase 1, Lagos
₦280,000,000
Guide price
Lekki Phase 1, Lagos
Luxury 2-bedroom serviced apartment in Lekki Phase 1 - Lagos’s most established premium residential corridor. The building is near completion with detailed finishing underway, and offers the kind of specification typically found in international-standard developments: elevator, swimming pool, gym, rooftop terrace, and fully fitted kitchens. Lekki Phase 1 needs no introduction. It is the benchmark for residential investment in Lagos, consistent rental demand, strong title documentation (predominantly C of O), established infrastructure, and a proven track record of steady appreciation. This is the location diaspora investors trust first. At ₦400,000,000 for a 2-bedroom, this is a premium asset — but the specification justifies it. Serviced apartments with elevator access, pool, and gym in Lekki Phase 1 command top-tier rents from corporate tenants, expatriates, and senior professionals. The rooftop terrace adds a lifestyle premium that most competing developments don’t offer. The building is nearing completion — scaffolding is still up but the structure and exterior finishing are substantially done. This is the point where you lock in pre-completion pricing before the final handover pushes values up. Developer: [Confirm name — check if there’s a logo or sign on the building photos] Location: Lekki Phase 1, Lagos. Best suited for: corporate and expatriate rental investors, diaspora investors seeking the safest Lagos location, buyers who want serviced apartment convenience with premium amenities, and investors targeting Lekki Phase 1 at pre-completion pricing. Things to consider: ₦400M for a 2-bed reflects the premium specification and Lekki Phase 1 location — this is not a budget entry point. Confirm exact completion timeline and handover date. Ask JESFEM about the title document status for this specific development. The building is near-complete but not fully finished — confirm what finishing works remain. Viewing available — contact JESFEM to arrange. Tick “Show on homepage (Selected Listings)” — a Lekki Phase 1 listing adds serious credibility to the homepage.
₦23.0M
Benchmark: Lekki Phase 1 · Beds: 2 · Multiplier: 1×
5.75%
Rent ÷ Purchase Price
4.60%
After expenses (20%)
| Item Description | Value (₦) |
|---|---|
| Gross Monthly Rent | 1,916,667 |
| Operating Expenses (20%) | (383,333) |
| Net Monthly Cash Flow | 1,533,333 |
Estimates based on market data and assumptions. Not financial advice. Not a guarantee of future performance. All figures are illustrative of current market intelligence.

Freedom Way, Lekki Phase 1, Lagos
₦280,000,000

Freedom Way, Lekki Phase 1, Lagos
₦150,000,000