Signature Estate Lekki : (Full Review + Price List

Signature Estate, Lekki: Full Details With Complete Breakdown + Price List

Overview

Signature Estate, located in Lekki, Lagos State, Nigeria, is a luxurious residential development known for its modern architecture, serene environment, and proximity to key commercial and recreational hubs. Situated in areas like Ikate and along the Lekki-Epe Expressway, the estate offers a range of properties, including detached and semi-detached duplexes, maisonettes, and plots of land. Developed by reputable firms such as Brains & Hammers, Signature Estate is designed for upscale living, catering to families, professionals, and investors. However, the estate has faced controversy, notably the demolition of structures in Signature Villa Estate in October 2023 due to encroachment on the Ikota drainage channel, highlighting the importance of due diligence when investing. The estate typically holds a Certificate of Occupancy (C of O) or Governor’s Consent as its title document, ensuring legal security when verified.

Property Features

Signature Estate provides a variety of residential options with premium amenities. Below is a detailed breakdown of the estate’s offerings based on available information, primarily from sources like Brains & Hammers and Nigeria Property Centre.

Residential Properties

  • Location: Ikate, Lekki Phase 1, and other parts of Lekki, Lagos
  • Property Types:
    • 3-bedroom flats with Boys’ Quarters (BQ)
    • 4-bedroom maisonettes with BQ
    • 4-bedroom terrace and semi-detached duplexes
    • 5-bedroom fully detached duplexes
  • Key Features:
    • All rooms ensuite with modern sanitary wares (jacuzzi, bathtubs, cubicles)
    • Fully fitted kitchens with appliances (oven, microwave, gas cooker, heat extractor)
    • Spacious living and dining areas with high ceilings and POP finishes
    • Aesthetic chandeliers, in-built Bluetooth speakers, and smart home automation
    • Ample parking for 3–7 cars
    • 24-hour electricity with dedicated transformer and generator backup
    • Central water treatment plant for treated water supply
    • Well-designed drainage system to mitigate flooding
    • Interlocked roads and walkways
    • Gated community with 24/7 security, CCTV surveillance, and access control
    • Recreational facilities (e.g., swimming pool, gym, green areas)
  • Nearby Landmarks:
    • Lekki Phase 1: ~5–10 minutes drive
    • Freedom Way: ~3 minutes drive
    • Novare Mall (Shoprite): ~15 minutes drive
    • Lagos Business School: ~10 minutes drive
    • Victoria Island: ~30–50 minutes drive (depending on traffic)
  • Sources: Brains & Hammers, Nigeria Property Centre

Land for Development

  • Sizes Available: 500 sqm, 600 sqm, and larger commercial plots
  • Features:
    • Dry and firm land, ready for construction
    • Fully fenced plots with C of O or Governor’s Consent
    • Suitable for residential or commercial use (subject to zoning regulations)
    • Access to estate infrastructure (roads, drainage, electricity)
  • Source: Nigeria Property Centre

Estate Infrastructure

  • Roads: Tarred access from Lekki-Epe Expressway or Freedom Way; interlocked internal roads
  • Power: 24-hour electricity with central generator backup
  • Water: Central water treatment plant for consistent supply
  • Drainage: Efficient drainage channels to prevent flooding
  • Security: Fully gated with CCTV, security personnel, and access control
  • Waste Management: Centralized waste management system
  • Recreation: Swimming pools, pools, and recreational centers (in select properties)
  • Source: Brains & Hammers

Price List

Pricing for properties in Signature Estate varies based on type, size, and features. Below is a detailed price list based on available data and comparable properties in Lekki. Prices are subject to change, and prospective buyers should contact estate management or developers like Brains & Hammers for current figures.

Houses for Sale

  • 3-Bedroom Flat + BQ:
    • Price: ₦100,000,000–₦160,000
    • Features: Ensuite rooms, fitted kitchen, BQ, access to estate amenities, C of O
    • Example: 3-bedroom flat in Spring View Estate, Lekki Phase 1, priced at ₦160,000 per unit in a block of 6 flats
  • 4-Bedroom Maisonette + BQ:
    • Price: ₦300,000,000–₦350,000,000
    • Features: Ensuite rooms, penthouse options, swimming pool, gym, elevator, fitted kitchen, C of CCTV, C of O
    • Examples:
      • ₦300,000: 4-bedroom maisonette with BQ, gym, and swimming pool in Lekki Phase 1 (Siyonule Prosperity)
      • ₦350,000: 4-bedroom penthouse maisonette with elevator in Lekki Phase 3 (Oxyhomes)
    • Source: Nigeria Property Centre
  • 4-Bedroom Terrace Duplex:
    • Price: ₦520,000–₦600,000
    • Features: Waterfront, fully furnished, smart TVs, gym, swimming pool, 3–4 ensuite rooms, C of O
  • 4-Bedroom Semi-Detached Duplex:
    • Price: ₦190,000,000–₦250,000,000
    • Features: Ensuite rooms, BQ, fitted kitchen, spacious compound, C of O
    • Example: 4-bedroom semi-detached duplex in Chevron, Lekki, priced at ₦190,000 (Wrix-way Properties)
  • 5-Bedroom Fully Detached Duplex + BQ:
    • Price: ₦550,000,000–₦1,550,000,000
    • Features: Ensuite rooms, swimming pool, gym, cinema, rooftop terrace, elevator, smart automation, C of O
    • Examples:
      • ₦550,000: 5-bedroom detached with BQ, swimming pool, and rooftop terrace in Lekki Phase 1 (Oxluxuryhomes)
      • ₦900,000: 5-bedroom detached with cinema and gym in Lekki Phase 1 (Apple Properties)
      • ₦1,550,000: 5-bedroom mansion with elevator and 2-room BQ in Lekki (Loyalty Homes)
  • Payment Plans:
    • Flexible plans: 12–24 months interest-free (similar to Horizon Estates)
    • Initial deposit: ~20% (e.g., ₦10,000,000–₦50,000,000)
    • Mortgage options: Up to 15 years at ~16% interest (subject to eligibility)
    • Source: Nigeria Property Centre

Land for Sale

  • Residential Plots:
    • 500 sqm: ₦50,000,000–₦80,000,000 (₦100,000–₦160,000/sqm)
    • 600 sqm: ₦60,000,000–₦96,000,000 (₦100,000–₦160,000/sqm)
    • Features: Dry land, C of O, immediate allocation
    • Source: Nigeria Property Centre
  • Commercial Plots:
    • 600 sqm: ₦120,000,000 (₦200,000/sqm)
    • Features: Expressway-facing, suitable for commercial use, C of O
    • Source: Nigeria Property Centre
  • Payment Plans:
    • 0–6 months interest-free for full payment
    • 6–12 months with initial deposit (e.g., ₦10,000,000)
    • Source: Nigeria Property Centre

Investment Potential

Signature Estate’s location in Lekki, a prime real estate market, offers strong investment opportunities:

  • High ROI: Properties in Lekki yield 20%–30% annual returns through rental income or resale, driven by demand from professionals and expatriates
  • Strategic Location: Proximity to Lekki Phase 1, Freedom Way, and commercial hubs like Victoria Island enhances accessibility.
  • Infrastructure Growth: Projects like the Lekki Free Trade Zone, Lekki International Airport, and Fourth Mainland Bridge are expected to boost property values.
  • Lifestyle Appeal: Close to recreational spots (e.g., Lekki Conservation Centre, beaches) and malls (e.g., Novare Mall), ideal for Airbnb or short-term rentals.
  • Flood Mitigation: Well-designed drainage systems address Lekki’s flooding concerns.

Risks and Due Diligence

The demolition of structures in Signature Villa Estate in October 2023, due to encroachment on the Ikota drainage channel, underscores the need for thorough due diligence. Key steps include:

  • Title Verification: Confirm C of O or Governor’s Consent through the Lagos State Land Registry or Surveyor General’s Office. Engage a registered surveyor to chart coordinates and verify documents.
  • Developer Background: Research developers like Brains & Hammers for credibility and past project success.
  • Avoid Scams: Verify property authenticity with a property lawyer to avoid fraudulent schemes, as seen in cases like the ₦280 million Igbo-Efon fraud.
  • Environmental Checks: Ensure properties are not on government-acquired land or near drainage channels to avoid future demolitions.

How to Proceed

To purchase or inquire about properties in Signature Estate, follow these steps:

  1. Contact Developer:
    • Brains & Hammers: Reach out via their website (brainsandhammers.com) or call +234 704 222 2001 for inquiries.
  2. Engage Verified Agents:
    • Siyonule Prosperity Estate: 08138371196
    • Oxluxuryhomes: 07068542666
    • Apple Properties: 08025286152
    • Marketbooy Realty: 08075000582
    • Source: Nigeria Property Centre
  3. Verify Titles: Use a property lawyer or surveyor to confirm C of O at the Lagos State Land Registry or Surveyor General’s Office.
  4. Schedule Inspections: Arrange physical or virtual tours with 24-hour notice. Avoid agents charging excessive viewing fees (max: ₦5,000).
  5. Explore Payment Plans: Inquire about 12–24 month interest-free plans or mortgage options.

Conclusion

Signature Estate in Lekki offers a blend of luxury, modern amenities, and investment potential in one of Lagos’ most sought-after areas. With properties ranging from ₦100,000,000 for 3-bedroom flats to ₦1,550,000,000 for 5-bedroom mansions, and plots starting at ₦50,000,000, the estate caters to diverse budgets. Its 24-hour power, flood-free drainage, and proximity to Lekki Phase 1 make it ideal for residents and investors. However, the 2023 demolition of Signature Villa Estate highlights the need for rigorous due diligence to verify titles and avoid government-acquired land. Contact Brains & Hammers or verified agents for the latest pricing and inspections.

Disclaimer: Prices and availability are subject to change. Always verify details with the property management or authorized agents before making financial commitments.

bornbyai

Protected by CleanTalk Anti-Spam