De Lekki Apartment Ikate stands as the definitive investment opportunity for professionals and families seeking guaranteed returns in Lagos's most lucrative short-term rental market, where a strategic location meets uncompromising quality. This meticulously planned development addresses every concern that keeps smart investors awake at night - from title security with C of O and Governor's Consent to flood-free positioning that protects your capital through Lagos's challenging seasons.
With 3-bedroom units completely sold out and only select 1-bedroom and 2-bedroom apartments remaining, market validation speaks volumes about this 14-month delivery project that promises to redefine family-friendly luxury living in Ikate.
Near other developments like Montego Bay 3, Bloom Heaven Residence, Victoria Bay 3 Annex, among others


| Unit Type | Outright Price (₦) | Initial Deposit (₦) | Documentation Cost | Payment Terms |
|---|---|---|---|---|
| 1-Bedroom Apartment | 100,000,000 | 30,000,000 (30%) | Individual: ₦3,500,000 / Corporate: ₦4,500,000 | Balance over 12 months |
| 2-Bedroom Apartment | 160,000,000 | 48,000,000 (30%) | Individual: ₦3,500,000 / Corporate: ₦4,500,000 | Balance over 12 months |
| 3-Bedroom Apartment | SOLD OUT | - | - | - |
Documentation costs cover complete title processing, legal fees, and registration. Flexible payment plans are available to suit diverse buyer needs.
The rapid absorption of 3-bedroom units within the initial launch phase confirms sophisticated investor confidence in both location and execution capability. Professional property managers already express interest in exclusive management contracts, recognizing De Lekki Apartment's potential for premium short-let positioning. The upfront disclosure of documentation costs reflects transparency that builds lasting investor relationships rather than transactional dealings.
Book a private tour, lock in pre-handover pricing, and start your Ikate Lekki short-let apartments business now.
Q1: What title documents come with De Lekki Apartment Ikate?
A: The units carry a registered Certificate of Occupancy plus Governor’s Consent—full legal ownership and bank-mortgageable status. Document copies are available for due-diligence review.
Q2: How does the 12-month payment plan work?
A: Pay 30 % to reserve your unit, then spread the balance evenly across 12 months. No hidden interest; early payoff attracts a price-lock discount.
Q3: When will construction be completed?
A: Handover is scheduled Q4 2025. Regular site-progress videos and third-party audits ensure transparency.
Q4: What ROI can I expect from short-let operations?
A: Neighboring 1–2 BR short-lets rent at ₦ 120k–₦ 250k per night; at 60 % occupancy, projected gross yield is 15–25 % per annum before service charge.
Q5: Are there additional fees?
A: One-time documentation fee is ₦3.5 M (individual) or ₦4.5 M (corporate). Service-charge details will be finalised six months pre-handover and cover power, water, security and facility management.
Q6: What security measures are in place?
A: 24/7 manned gatehouse, CCTV, smart card access, flood-lit perimeter and underground parking access control.
Q7: Can I furnish through the developer?
A: Yes—optional turnkey furnishing packages streamline your listing on major booking platforms within two weeks of handover.
Q8: What if I need to cancel?
A: A 14-day cooling-off period applies; thereafter, refunds follow contract milestones less administrative fees.
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