Over the years, Nigeria’s economic challenges have deepened, yet Lagos remains a beacon of opportunity. Known as one of Africa’s most developing cities, it continues to lure people nationwide seeking investment, business prospects, and a place to call home.
Lagos boasts of a thriving real estate market, offering a variety of choices for potential homeowners.
With a budget of N50 million, options range from stylish apartments in bustling hubs to spacious duplexes in tranquil neighbourhoods.
But how far does N50 million go in this high-demand, diverse housing market?
In this article, New Daily Prime examines the kinds of properties N50 million can buy in Lagos, identifying the neighbourhoods they’re found , as listed on popular real estate platforms.
3-Bedroom Semi-Detached Duplex with BQ
Location: Vantage Court, Richland Garden, Beachwood Estate, Bogije, Ibeju Lekki, Lagos.
Situated near Omu Resort, Lakowe Lakes & Golf Country, Eleko Beach, Beachwood Estate, and Amen Estate, this duplex offers modern comfort with a 1-minute tiled access from the road and double security clearance.
The property includes a swimming pool, gym, restaurant, mini-stadium, and a well-structured drainage system for convenience and luxury.
Selling Price: ₦45 million
Agent: Property Centre
Luxury Carcass 3-Bedroom Semi-Detached Duplex with Boys’ Quarters
Location: Richland Estate, Ibeju Lekki, Lagos.
Nestled in a serene, access-controlled estate, this semi-detached duplex boasts spacious, en-suite rooms and is strategically located near attractions like Omu Resort, Lakowe Golf Course, and Eleko Beach.
The property also features a recreational centre, security surveillance, and a fenced, gated estate to ensure privacy and safety.
Price: ₦50 million
Agent: Property Centre
2 Bedroom Bungalow
Location: Morekete, Off Bayeku Road, Igbogbo, Ikorodu, Lagos.
This charming 2-bedroom bungalow sits on a half plot of land and features a gated and fenced perimeter.
It includes two bathrooms, two toilets, and ample parking for two cars, providing a comfortable and practical living space for families.
Price: ₦20 million
Agent: Property Centre
Luxury Serviced 1-Bedroom Apartment
Location: Ologolo, Lekki, Lagos.
It is located in a serene environment, this fully serviced 1-bedroom apartment comes with all rooms ensuite and is finished with stamped concrete floors and a POP ceiling.
It includes a fitted open-plan kitchen, water heater, and water treatment system, and offers 24-hour electricity and security for a stress-free lifestyle.
Price: ₦44 million
Agent: Property Pro
Exotic 2-Bedroom Apartment with BQ & Pool
Location: Abraham Adesanya Estate, Ajah, Lagos.
This premium 2-bedroom apartment comes with boys’ quarters and features a swimming pool, a spacious compound, a stylish kitchen, and a balcony that complements its serene location.
The property also boasts of clean water, ample parking space, and high-quality finishes, making it a desirable choice for urban living.
Price: ₦43 million
Agent: Property Pro
Exotic 1-Bedroom Apartment with Pool
Location: Ologolo, Lekki, Lagos.
This luxurious 1-bedroom apartment is designed for elegance and comfort, featuring a swimming pool, spacious layout, all ensuite rooms, a dining area, and a balcony.
The fully fitted kitchen and built-in speakers add a modern touch, while 24/7 security ensures safety in this serene environment.
Price: ₦45 million
Agent: Property Pro
Exotic Block of 1-Bedroom Ensuite Apartments
This is located at Ologolo, Lekki, Lagos.
This block of 1-bedroom ensuite apartments is located in a gated and secure estate.
Each apartment features a fitted kitchen, one bedroom with a bathroom, a guest toilet, and a balcony, making it a functional and attractive investment opportunity.
Price: ₦45 million
Agent: Property Pro
These and many more properties, as listed on other real estate platforms, offer diverse options for homebuyers and investors in Lagos.
Investing in real estate in Lagos is not just about owning a property but also securing a valuable asset in a city where demand consistently drives appreciation.
Given the unpredictability of Nigeria’s economic landscape, real estate stands out as a relatively stable and resilient investment.
