The Lagos real estate market, particularly in rapidly developing areas like Ajah, continues to attract significant investor and homeowner interest. This article presents a compelling opportunity to acquire a contemporary 5-bedroom fully detached duplex, complete with a swimming pool, gym, and a host of premium features, offered at an asking price of N320 million.
Ajah’s Real Estate Growth: A Statistical Overview
Ajah, located in the Eti-Osa Local Government Area of Lagos, has witnessed substantial infrastructural development in recent years. This growth has fueled a surge in property values, making it a prime location for real estate investment.
- Population Growth: Lagos’s population is projected to reach over 24 million by 2025, with Ajah experiencing a significant influx of residents due to its improved infrastructure and relative affordability compared to other high-end Lagos locations. This population growth directly translates to increased demand for quality housing.
- Infrastructure Development: The Lekki-Epe Expressway expansion and ongoing development of the Lekki Free Zone have significantly enhanced Ajah’s connectivity and economic prospects.1 This infrastructure development has led to a consistent appreciation in property values.
- Market Trends: According to recent market analysis, luxury residential properties in Ajah have shown a steady appreciation rate of approximately 10-15% annually. This trend is expected to continue as the area develops further.
Property Highlights: Luxury and Convenience
This 5-bedroom fully detached duplex offers a blend of contemporary design, premium amenities, and secure living, making it an ideal investment for discerning buyers.
- Premium Amenities: The property boasts a private swimming pool and gym, catering to the growing demand for lifestyle amenities in luxury homes. These features enhance the property’s appeal and contribute to its long-term value.
- Modern Features: The duplex is equipped with modern features such as stamped concrete flooring, CCTV cameras, a fitted kitchen, family lounge, TV consoles, washing machine, Bluetooth speakers, chandeliers, walk-in closets, walk-in showers, and a bathtub. These features ensure a comfortable and luxurious living experience.
- Secure Estate: Located within a secure estate, the property offers residents peace of mind and enhanced security. This is a crucial factor for many buyers in Lagos, where security is a top priority.
- Ample Space: With ample parking space and a BQ (Boys’ Quarters), the property provides adequate space for residents and their staff.
- Investment Potential: Given Ajah’s rapid development and the property’s premium features, this duplex represents a sound investment opportunity with strong potential for capital appreciation and rental income.
Financial Considerations:
- The asking price of N320 million reflects the property’s premium features, location, and market value.
- Prospective buyers should consider the potential for rental income, given the high demand for luxury rentals in Ajah.
- Long-term capital appreciation is expected, driven by Ajah’s ongoing development and Lagos’s overall economic growth.
This contemporary 5-bedroom duplex in Ajah presents a unique opportunity to own a luxury property in a rapidly developing area. With its premium amenities, secure location, and strong investment potential, this property is sure to attract discerning buyers.
For further inquiries and inspections, please drop a DM or call landmall at 09019001191.
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