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Abijo Lekki is a small town located just after Sangotedo. It marks the beginning of the Ibeju Lekki local government area and is often called the gateway to ‘The New Lagos.’ You can already notice significant developments going on in Ibeju Lekki right from Abijo Lekki.

Abijo Lekki is one of the fastest-growing towns in Ibeju Lekki, featuring numerous prominent developments and estates equipped with state-of-the-art amenities like constant power, water, etc. It is important to note that Abijo Lekki houses the only Government-Reserved Area in Lekki, Abijo GRA, ensuring its residents peace of mind and security.

Currently, Abijo GRA hosts workers from the Dangote Refinery and several prestigious international schools, making it an attractive location for real estate investment.

Where is Abijo Lekki?

Abijo is a town in the Ibeju Lekki Local Government Area of Lagos State, just beyond the famous Novare Mall in Sangotedo.

Value Trend in Abijo

Real estate values in Abijo have been rising, following the trend seen in neighbouring towns like Sangotedo. The land value in Abijo has seen an estimated 80 percent increase over the past four years.

The opening of the N31.5 billion Novare Mall in Sangotedo in 2017 significantly boosted property values in the Abijo area. This development spurred plans for further expansion, leading to increased economic and commercial activities and a growing influx of people for both business and residential purposes.

As economic activities continue to flourish, property values are expected to appreciate further. Consequently, real estate in Abijo is considered a worthwhile investment with promising potential returns.

Property Value/Cost

Houses for sale in Abijo Lekki, Lagos, cost an average of ₦37,700,000. The most expensive home is valued at ₦100,000,000+, while the least expensive is priced at ₦14,200,000. The average price for land measuring 400 sqm and up ranges between ₦15,000,000 and ₦30,000,000. The rental value for a typical three-bedroom apartment is between ₦900,000 and ₦1,300,000.

Why Abijo Lekki?

Here are some compelling reasons to consider owning property in Abijo Lekki, whether for personal use or as an investment:

1. Location

The importance of location in real estate cannot be overstated. It is the primary factor in determining the property value of similar homes. For this reason, the phrase “location, location, location” is a mantra among successful real estate investors. When deciding which property to buy, homebuyers will consider factors such as schools, convenience, and safety. Abijo Lekki offers an appealing location that meets these criteria.

2. Schools

Kids! A significant factor to consider when contemplating purchasing property. Abijo Lekki shares proximity and is home to many international and local schools. Institutions like the British International School, Corona International School, Leadforte International School, and Chalcedony, among others, a common feature most of these schools share is the presence of excellent facilities concerning education and recreation. Schools in Abijo Lekki consistently meet high standards, ensuring quality education and enrichment for children.

3. Security

Safety is a top priority for everyone. Neighbourhoods with low crime rates are considered more desirable and have higher property values. Abijo GRA is known for its low crime rate and features several gated estates with 24-hour security, making it a safe and secure place to live. This security often allows properties to command a premium price.

4. State-of-the-art Amenities

In Abijo Lekki, state-of-the-art amenities are not just perks; they are the standard. Estates in Abijo Lekki typically offer constant electricity, reliable water supply, and other essential services, ensuring a comfortable and modern living experience.

5. Estates

Abijo GRA is home to many estates and apartment blocks with superb amenities. Abijo GRA alone houses two flagship projects: Camberwell Courts Phase 2, developed by the renowned Veritasi Homes Ltd., and De Avocado Luxury and Smart Homes, developed by Landmark Corporate Realty Ltd. Both developers are renowned for superb quality in their projects. Other notable mentions are Chois Estates, Fairfield Apartments, Eastland Golf Estate, The Green City, The Imperial Court, etc.

6. Rate of Appreciation

Appreciation in real estate refers to the increase in property value over time. As your property appreciates, you gain several advantages, including the potential for higher profits if you decide to sell. In Abijo Lekki, the appreciation rate is rapidly increasing, driven by the location’s desirability, security, and strategic importance in ongoing developments.

In summary, Abijo GRA offers a prime location, excellent security, and a high rate of property value appreciation, making it an attractive option for real estate investment.

For purchase of property in Abijo Lekki, or more enquiries, call…

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