La Vida Estate, Lekki: Full Details with Complete Breakdown and Price List

Overview

La Vida Estate, developed by Prestigious Homes Limited, is a luxurious residential development located in the prestigious Lekki Phase 1, Lagos, Nigeria. Strategically positioned along Freedom Way, off Admiralty Way, near This Present House Church (The Dome), the estate offers an upscale living experience with modern amenities and proximity to essential services. The estate comprises 96 units, including 40 units of 4-bedroom semi-detached duplexes and 56 units of 4-bedroom terrace duplexes, designed for communal living with state-of-the-art finishes.

Location

• Address: Freedom Way, Lekki Phase 1, Lagos, Nigeria (behind The Dome Church).
• Neighborhood Highlights:
  • Close to retail stores, restaurants, bars, and boutiques.
  • Proximity to reputable schools, parks, and public transit options (bus lines).
  • Accessible to major business hubs, shopping malls, and entertainment centers in Lekki Phase 1.

Property Types

La Vida Estate offers two types of luxury homes:

1. 4-Bedroom Semi-Detached Duplexes:
   • Quantity: 40 units.
   • Features: Spacious layout, en-suite bedrooms, boys’ quarters (BQ), and high-end finishes.
2. 4-Bedroom Terrace Duplexes:
   • Quantity: 56 units.
   • Features: Modern design, en-suite bedrooms, BQ, and integrated smart home systems.

Note: Interior finishes, furniture, electronics, curtains, and landscaping elements shown in brochures are for illustrative purposes only and not included in the standard unit.

Amenities

La Vida Estate is designed to provide a high-end, family-friendly living experience with the following amenities:

• 24-Hour Power Supply: Supported by fully integrated appliances.
• High-Tech Security:
  • Central security system.
  • Access control with video doorbells.
  • CCTV surveillance.
• Smart Home Features:
  • Heat extractors.
  • Fully controlled home systems (automation for lighting, etc.).
• Modern Interiors:
  • Gorgeous kitchens with integrated appliances.
  • Spacious bedrooms with walk-in closets.
• Communal Facilities:
  • Well-designed drainage system.
  • Allocated parking lots.
  • Landscaped green areas for recreation.
• Additional Services:
  • Water treatment plant.
  • 24-hour security personnel.

Price List

Exact pricing for La Vida Estate units is not publicly available in the provided sources, as prices may vary based on market conditions, unit type, and payment plans. However, based on general market trends for similar properties in Lekki Phase 1 and insights from related estates, indicative price ranges are estimated below (subject to confirmation with the developer):

• 4-Bedroom Terrace Duplex:
  • Estimated Price: ₦180 million – ₦250 million.
  • Payment Plans: Flexible options, including 12–24 months installment plans (contact developer for details).
• 4-Bedroom Semi-Detached Duplex:
  • Estimated Price: ₦230 million – ₦350 million.
  • Payment Plans: Similar flexible plans available.

Note:

• Prices are indicative and should be verified with Prestigious Homes Limited or authorized agents.
• Additional costs may include broker fees (typically 5%), legal fees, and stamp duty.
• Title documents: Governor’s Consent and approved building plans are typically provided.

Comparison with Nearby Estates

To provide context, here are price ranges for similar properties in nearby Lekki estates (as of June 2025):

• Ikota Villa Estate:
  • 4-Bedroom Semi-Detached Duplex: ₦180 million – ₦260 million.
  • 5-Bedroom Detached Duplex: ₦350 million.
• Chevron Area:
  • 5-Bedroom Detached Duplex with pool and BQ: ₦400 million – ₦695 million.
• La Vida Beach Estate (Abijo, Lekki):
  • 500 SQM Plots: Black Friday promotional prices (2023) for 10 plots, exact figures not disclosed but significantly lower than market rates.

Investment Potential

• Rental Income: High demand for luxury properties in Lekki Phase 1 ensures significant rental yields (estimated 6–10% annually).
• Resale Value: Properties in Lekki Phase 1, like La Vida Estate, typically appreciate by 20–30% annually due to the area’s prestige and development.
• Example: An investor in a similar Lekki estate (Lekki Gardens) purchased units at ₦59.99 million in 2018 and sold them for ₦89 million–₦118 million within two years, yielding substantial profits.

How to Purchase

• Contact Developer: Reach out to Prestigious Homes Limited via their website (prestigioushomeslimited.com) or authorized real estate agents.
• Site Visit: Schedule a visit to view the estate and available units.
• Payment Options:
  • Outright payment for immediate allocation.
  • Installment plans (12–24 months) with interest-free options for some periods.
• Documentation:
  • Ensure Governor’s Consent and building approval are provided.
  • Verify RERA registration (if applicable) and other legal documents.

Clarification on Other “La Vida” Estates

There are other estates with similar names in Lagos, which may cause confusion:

• La Vida Beach Estate (Abijo, Lekki): Offers 500 SQM plots, marketed by AY Homes with Black Friday deals in 2023.
• La Vida Estate (Igbodu, Epe, Lagos): A more affordable option by Assured Way Investment Ltd., located in Epe with recreational facilities and proximity to Alaro City and the new international airport.

This article focuses solely on La Vida Estate, Lekki Phase 1 by Prestigious Homes Limited.

Conclusion

La Vida Estate in Lekki Phase 1 offers an unparalleled luxury living experience with modern amenities, strategic location, and strong investment potential. While exact prices require confirmation from the developer, the estate’s high-end features and flexible payment plans make it an attractive option for homeowners and investors. For the latest pricing and availability, contact Prestigious Homes Limited or visit their official website.

Disclaimer: Prices and availability are subject to change. Always verify details with the developer or licensed real estate agents.