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

Paradise Estate, located along Chevron Drive in Lekki, Lagos, Nigeria, is a prestigious gated residential estate known for its serene environment, modern amenities, and proximity to key commercial and recreational hubs. Comprising multiple phases (e.g., Paradise Estate 1, 2, and 3), it is strategically positioned opposite Ebeano Supermarket and near the Lekki-Epe Expressway, offering excellent accessibility. This article provides a comprehensive overview of the estate, including property types, features, pricing, and additional costs, based on verified real estate listings and developer information.

Overview of Paradise Estate

Paradise Estate is a serviced, access-controlled estate in the Chevron area of Lekki, designed for luxury living and investment. It features 24/7 power supply, high-profile security, clean water, and well-maintained infrastructure, making it ideal for families, professionals, and investors. The estate is close to major landmarks like the Lekki Conservation Centre (7.4 km), Nike Art Gallery, and The Palms Shopping Mall, enhancing its appeal. Its flood-free environment, good drainage, and proximity to the Lekki-Epe Expressway make it a prime location within the rapidly developing Lekki corridor.

Property Types Available

Paradise Estate offers a variety of properties, including apartments, terraced duplexes, semi-detached houses, and maisonettes. Properties are available for sale, rent, and shortlet, catering to diverse needs. Below is a detailed breakdown of property types, features, and price ranges.

1. Apartments

Apartments range from self-contained units to 3-bedroom flats, suitable for singles, small families, and shortlet investors.

Self-Contained/Studio Apartment
- Features: Newly built, fully serviced, fitted kitchen, personal prepaid meter, bathroom, 24/7 power, clean water, tight security, good road network, flood-free area.
- Location: Paradise Estate 3, Chevron Drive, Lekki.
- Rental Price: ₦2,500,000 per annum.
- Additional Costs:
  - Agency Fee: 10% (₦250,000)
  - Legal Fee: 10% (₦250,000)
  - Caution Deposit: ₦150,000
  - Service Charge: To be determined
- Source: Nigeria Property Centre
1-Bedroom Mini Flat
- Features: Newly built, fully serviced, 19–22 hours power (weekdays/weekends), clean water, interlocked roads, 24/7 mobile security, spacious fitted kitchen, CCTV, water heaters, stamped concrete floor.
- Location: Paradise Estate 2, Chevron Drive, Lekki.
- Rental Price: ₦1,500,000–₦3,500,000 per annum.
- Additional Costs:
  - Agency Fee: 10% (₦150,000–₦350,000)
  - Legal Fee: 10% (₦150,000–₦350,000)
  - Caution Deposit: ₦150,000–₦350,000
  - Service Charge: ₦250,000–₦600,000 per annum
- Source: Nigeria Property Centre, Proslandscape.com
2-Bedroom Apartment
- Features: Fully serviced, upstairs, all rooms ensuite, fitted kitchen, 24/7 security, dining section, family lounge, good road network, clean water, good drainage, 24/7 power, suitable for shortlet or residential use.
- Location: Paradise Estate, Chevron Drive, Lekki.
- Sale Price: ₦67,000,000.
- Rental Price: ₦2,000,000–₦2,500,000 per annum.
- Additional Costs (Rental):
  - Agency Fee: 10% (₦200,000–₦250,000)
  - Legal Fee: 10% (₦200,000–₦250,000)
  - Caution Deposit: ₦150,000–₦300,000
  - Service Charge: ₦240,000–₦600,000 per annum
- Source: Nigeria Property Centre, PropertyPro.ng
3-Bedroom Apartment
- Features: Fully serviced, spacious, all rooms ensuite with guest toilet, fitted kitchen, 24/7 power, 24/7 security, clean water, stamped concrete floor, water heaters, CCTV, ample parking, some with BQ.
- Location: Paradise Estate 3, opposite Ebeano Supermarket, Chevron Drive, Lekki.
- Sale Price: ₦50,000,000 (carcass, ground floor) – ₦80,000,000 (fully finished, premium fittings).
- Rental Price: ₦5,000,000 per annum (3rd floor).
- Additional Costs (Rental):
  - Agency Fee: 10% (₦500,000)
  - Legal Fee: 10% (₦500,000)
  - Caution Deposit: ₦350,000
  - Service Charge: ₦550,000 per annum
- Title: Certificate of Occupancy (C of O).
- Source: Nigeria Property Centre, PropertyPro.ng

2. Terraced Duplexes

Terraced duplexes offer spacious living for families, with modern amenities and investment potential.

3-Bedroom Terraced Duplex
- Features: Shell-form (80% complete), room BQ, stationed facility management, leisure court, swimming pool, 24/7 power, 24/7 security, good drainage.
- Location: Paradise Estate 1, Chevron Drive, Lekki.
- Sale Price: ₦31,500,000 (Rent-to-Buy Scheme: 12-month plan, initial deposit negotiable).
- Source: Mercy Homes
4-Bedroom Terraced Duplex
- Features: Fully serviced, contemporary design, all rooms ensuite, spacious fitted kitchen, guest room, guest toilet, POP ceiling, stamped concrete floor, central sound system, water heaters, bathtub, walk-in showers, CCTV, water treatment plant, 24/7 power, 24/7 security, ample parking, balcony.
- Location: Paradise Estate 3, Chevron Drive, Lekki.
- Rental Price: ₦6,500,000–₦12,000,000 per annum (furnished: ₦7,500,000–₦12,000,000; unfurnished: ₦6,500,000–₦7,000,000).
- Additional Costs:
  - Agency Fee: 10% (₦650,000–₦1,200,000)
  - Legal Fee: 10% (₦650,000–₦1,200,000)
  - Caution Deposit: 10% (₦650,000–₦1,200,000)
  - Service Charge: ₦600,000–₦1,000,000 per annum
- Source: Nigeria Property Centre
5-Bedroom Terraced Duplex
- Features: Fully serviced, room BQ, swimming pool, basketball court, 24/7 power, mobile security, clean water, good road network, lovely neighborhood.
- Location: Paradise Estate, Chevron Drive, Lekki.
- Rental Price: ₦3,000,000 per annum.
- Additional Costs:
  - Agency Fee: 10% (₦300,000)
  - Legal Fee: 10% (₦300,000)
  - Caution Deposit: ₦200,000
  - Service Charge: ₦420,000 per annum (₦35,000/month)
- Source: Proslandscape.com

3. Semi-Detached Houses

Semi-detached houses provide luxury and exclusivity, often with recreational facilities.

4-Bedroom Semi-Detached House
- Features: Well-maintained, all rooms ensuite, spacious kitchen with store, spacious living room, walk-in closet in master’s room, 24/7 power, 24/7 security, children’s play area, lawn tennis court, basketball court, swimming pool.
- Location: Paradise Estate, Chevron Drive, near Ebeano Supermarket, Lekki.
- Sale Price: ₦150,000,000.
- Source: Nigeria Property Centre

4. Maisonettes

Maisonettes offer multi-level living with investment potential, often under flexible payment plans.

3-Bedroom Maisonette
- Features: Modern design, spacious rooms, fitted kitchen, 24/7 security, good road network, clean water, 24/7 power.
- Location: Paradise Court, Orchid Road, opposite Chevron Drive, Lekki.
- Sale Price: ₦22,990,000 (outright); initial deposit ₦10,990,000 with balance spread over 12–24 months.
- Source: Mercy Homes
4-Bedroom Maisonette
- Features: Modern design, spacious rooms, fitted kitchen, 24/7 security, good road network, clean water, 24/7 power, flexible payment plan.
- Location: Paradise Court, Orchid Road, opposite Chevron Drive, Lekki.
- Sale Price: ₦28,990,000 (outright); initial deposit ₦15,990,000 with balance spread over 12–24 months.
- Source: Mercy Homes

Price List Summary

Below is a consolidated price list for properties in Paradise Estate, Lekki (as of June 25, 2025, in Nigerian Naira, ₦).

For Sale

Property Type	Price Range (₦)	Title/Documentation
1-Bedroom Mini Flat	Not available	–
2-Bedroom Apartment	67,000,000	C of O
3-Bedroom Apartment	50,000,000–80,000,000	C of O
3-Bedroom Terraced Duplex	31,500,000	–
4-Bedroom Terraced Duplex	Not available	–
4-Bedroom Semi-Detached House	150,000,000	–
3-Bedroom Maisonette	22,990,000	–
4-Bedroom Maisonette	28,990,000	–

For Rent

Property Type	Price Range (₦/Year)	Additional Costs (₦)
Self-Contained/Studio	2,500,000	Agent: 250,000, Legal: 250,000, Caution: 150,000
1-Bedroom Mini Flat	1,500,000–3,500,000	Agent: 150,000–350,000, Legal: 150,000–350,000, Caution: 150,000–350,000, Service: 250,000–600,000
2-Bedroom Apartment	2,000,000–2,500,000	Agent: 200,000–250,000, Legal: 200,000–250,000, Caution: 150,000–300,000, Service: 240,000–600,000
3-Bedroom Apartment	5,000,000	Agent: 500,000, Legal: 500,000, Caution: 350,000, Service: 550,000
3-Bedroom Terraced Duplex	Not available	–
4-Bedroom Terraced Duplex	6,500,000–12,000,000	Agent: 650,000–1,200,000, Legal: 650,000–1,200,000, Caution: 650,000–1,200,000, Service: 600,000–1,000,000
5-Bedroom Terraced Duplex	3,000,000	Agent: 300,000, Legal: 300,000, Caution: 200,000, Service: 420,000

Shortlet

Property Type	Price Range (₦)
Not explicitly listed	Contact agents for availability

Additional Costs Breakdown

When purchasing or renting properties in Paradise Estate, additional costs typically include:

Agency Fee: 10% of the sale or rental price.
Legal Fee: 10% of the sale or rental price, covering documentation.
Caution Deposit: Refundable deposit for damages, ranging from ₦150,000 to ₦1,200,000.
Service Charge: Annual fee for estate maintenance (e.g., security, power, water, waste management), ranging from ₦240,000 to ₦1,000,000.
Inspection Fee: May apply for some listings (e.g., ₦5,000).

Key Features of Paradise Estate

Security: 24/7 mobile security, CCTV surveillance, and gated access.
Power Supply: 19–24 hours electricity via generators and NEPA, with personal prepaid meters for some units.
Water Supply: Clean, treated water supply with water treatment plants.
Recreational Amenities: Swimming pools, basketball courts, lawn tennis courts, children’s play areas, and leisure courts.
Infrastructure: Interlocked roads, efficient drainage systems, stamped concrete floors, and waste management services.
Additional Services: Fully fitted kitchens, water heaters, central sound systems, walk-in closets, high ceilings, chandeliers, and ample parking.
Proximity: Opposite Ebeano Supermarket, close to Chevron Drive, Lekki-Epe Expressway, and recreational hubs like Lekki Conservation Centre.
Investment Value: High rental yields (18% estimated) and property appreciation (30% within a short period), ideal for shortlet and residential use.

Investment Opportunities

Paradise Estate is a prime investment destination due to its strategic location and high demand. The Rent-to-Buy Scheme for 3-bedroom maisonettes (₦31,500,000) allows buyers to pay an initial deposit and spread the balance over 12–24 months, making homeownership accessible. Properties like 2-bedroom apartments (₦67,000,000) are suitable for shortlet investments, yielding high returns due to Lekki’s growing population and expatriate community. Past data indicates significant appreciation, with properties in similar estates like Lekki Gardens doubling in value within 2–3 years. The estate’s proximity to commercial hubs and ongoing infrastructural developments (e.g., Free Trade Zone, seaport) enhances long-term value.

Conclusion

Paradise Estate, Lekki, offers a blend of luxury, security, and investment potential in one of Lagos’ most desirable neighborhoods. With a range of properties from affordable mini flats to high-end terraced duplexes, it caters to diverse needs. Its robust infrastructure, recreational facilities, and prime location ensure a high quality of life and strong returns for investors. Prospective buyers or tenants should verify listings through reputable platforms like Nigeria Property Centre, PropertyPro.ng, or Mercy Homes and conduct inspections to avoid scams.

Note: Prices and availability are subject to change. The data is based on listings from 2019–2025 and may not reflect current market conditions. Contact verified agents for updated information.

Sources:

Nigeria Property Centre
PropertyPro.ng
Mercy Homes
Proslandscape.com

Paradise Estate, Lekki: (Full Review + Price List)