Fidiso Estate, Abijo, Lekki, Lagos: Full Details and Price List

Fidiso Estate, Abijo, Lekki, Lagos: Full Details and Price List

Overview

Fidiso Estate, located in Abijo, Lekki, Lagos, Nigeria, is a developing residential estate along the Lekki-Epe Expressway, opposite Lufasi Nature Park. Known for its affordability and serene environment, it is approximately 10 minutes from the Ajah roundabout and 35–45 minutes from Victoria Island, making it an attractive option for middle-income earners, young professionals, and investors. The estate primarily features duplexes, apartments, and land, with a focus on gated, secure living. Managed by the Fidiso Estate Residents Association (FERA), it lacks a central management authority but benefits from resident-driven initiatives. Despite challenges like poor road networks and drainage, Fidiso Estate offers significant investment potential due to its proximity to major developments like the Lekki Deep-Sea Port and Abijo GRA.

Location and Accessibility

  • Address: Fidiso Estate, Abijo, Lekki, Lagos, Nigeria.
  • Strategic Location: Positioned along the Lekki-Epe Expressway, Fidiso Estate is in Abijo, a rapidly growing area just beyond Sangotedo, marking the start of Ibeju-Lekki, often referred to as the “New Lagos.” It is opposite Lufasi Nature Park and about 4 minutes from Novare Mall (Shoprite Sangotedo). The estate is 10 minutes from Ajah and 35–45 minutes from Victoria Island during rush hours (6:30–8:30 AM).
  • Proximity to Amenities:
    • Education: Corona International School, Leadforte School, Chalcedony School, British International School.
    • Healthcare: Local clinics in Abijo; major hospitals in Ajah (e.g., Dove Hospital).
    • Shopping and Dining: Novare Mall (Shoprite), AGMART, Dannymart Supermarket, Akoko and Akara markets, local eateries.
    • Recreation: Lufasi Nature Park, FARA Park, Eleko Beach, Lekki Conservation Centre (20-minute drive).
    • Business Hubs: Chevron quarters, Emperor Estate, and upcoming Lekki Deep-Sea Port.
  • Accessibility: The estate has one gated entrance with unrestricted access, monitored by uniformed security guards. The only route to Victoria Island is via the Lekki-Epe Expressway, which can be congested during peak hours. The central road is graded sandy, with most internal roads neither tarred nor interlocked, lacking proper drainage channels, which leads to flooding during heavy rains.
  • Challenges: Poor road network, inadequate drainage, and reliance on the congested Lekki-Epe Expressway for access. The estate’s developing status means infrastructure improvements are ongoing but incomplete.

Developer Information

  • Developer: Fidiso Estate is a community-driven development, initiated through individual plot purchases under the Lagos State Government’s land allocation scheme, with no single developer overseeing the entire estate. The Fidiso Estate Residents Association (FERA) manages basic services like security and waste disposal.
  • Resident Contributions: Residents fund road grading, security, and waste management through FERA, with service charges varying by property (e.g., ₦72,000–₦200,000/year for apartments). There is no central management authority, leading to inconsistent infrastructure maintenance.

Property Types and Features

Fidiso Estate offers a range of properties, including duplexes, apartments, and land, catering to budget-conscious buyers and investors. Below is a detailed breakdown based on recent listings:

1. Detached and Semi-Detached Duplexes

  • Description: Predominantly 4- and 5-bedroom duplexes, often with boys’ quarters (BQ), designed for families and investors. These are built on high-fenced plots, offering privacy in a gated setting.
  • Features:
    • All rooms en-suite with fitted wardrobes, POP ceilings, and tiled floors.
    • Partly fitted kitchens with cabinets and heat extractors.
    • Spacious compounds with parking for 2–3 cars, some with interlocked floors.
    • Security: Gated estate with 24/7 guards, high fences, and occasional CCTV.
    • Infrastructure: Prepaid electricity meters, boreholes for water, and personal generators due to no central power unit.
  • Price for Sale:
    • 4-bedroom detached duplex: ₦25,000,000–₦29,000,000 (e.g., ₦25M on 30×120 plot at Fidiso Estate, ₦29M at Amity Estate nearby).
    • 5-bedroom detached duplex: ₦50,000,000–₦100,000,000 (e.g., luxurious unit in Abijo).
    • Average price: ₦25,000,000–₦35,000,000.
  • Price for Rent: Not widely listed, but comparable 4-bedroom duplexes in Abijo rent for ₦2,000,000–₦3,500,000/year.
  • Title: Gazette, Deed of Assignment, or Village Excision; some have Governor’s Consent or C of O.
  • Example: A 4-bedroom duplex at Fidiso Estate (₦25M) on a 30×120 plot features all rooms en-suite, a visitor’s toilet, and a secure environment with tarred access roads.

2. Apartments and Flats

  • Description: 1-, 2-, and 3-bedroom flats, including mini-flats and bungalows, ideal for young professionals, students, and short-term renters. These are often in small compounds (2–8 units) within the estate.
  • Features:
    • All rooms en-suite (in newer units) with fitted kitchens (cabinets, burners, sinks).
    • Modern finishes: POP ceilings, tiled floors, water heaters, and wardrobes.
    • Spacious living areas, guest toilets, and store rooms in larger units.
    • Infrastructure: Prepaid electricity meters, boreholes, and interlocked compounds in some blocks.
    • Security: Gated estate with serene, safe environment; no reported violent crimes.
  • Price for Sale:
    • 2-bedroom flat: ₦15,000,000–₦17,000,000 (e.g., 8 units at Fidiso, ₦15M downstairs, ₦17M upstairs).
    • 3-bedroom flat: ₦25,000,000 (e.g., 4 units at roofing stage, Olanrewaju Olalere Lane).
  • Price for Rent:
    • 1-bedroom mini-flat: ₦400,000–₦650,000/year (e.g., ₦400,000 with modern wardrobe, ₦650,000 for executive unit).
    • Room and parlour: ₦450,000/year (total package: ₦600,000).
    • 2-bedroom flat: ₦600,000–₦1,000,000/year (e.g., ₦1M newly built, close to expressway).
    • 3-bedroom flat: ₦700,000–₦1,500,000/year (e.g., ₦700,000 downstairs, ₦750,000 upstairs).
    • Short-let studio: ₦300,000/month (includes pool, snooker, restaurant; excludes diesel).
  • Title: Gazette, Deed of Assignment, or Village Excision.
  • Example: A brand-new 1-bedroom flat at 6 Francis Nnajiofor Street, Fidiso Estate (₦650,000/year) features an en-suite room, guest toilet, water heater, modern furniture, and a partly fitted kitchen.

3. Land

  • Description: Residential plots (600–698.68 sqm) for custom development, often fenced and gated, within Fidiso Estate or nearby schemes like Abijo GRA.
  • Features:
    • Dry, sand-filled plots with access to graded roads.
    • Titles: Gazette, Deed of Assignment, or C of O (e.g., Lagos State Government scheme).
    • Proximity to Lufasi Park, Novare Mall, and Chevron quarters.
  • Price:
    • 600 sqm: ₦22,000,000–₦40,000,000 (e.g., ₦22M with Gazette in Fidiso, ₦40M in Abijo GRA 3).
    • 698.68 sqm: ₦22,000,000 (fenced with Gazette).
    • Commercial (3 plots, 2100 sqm): ₦500,000,000 (facing Lekki-Epe Expressway).
  • Example: A 698.68 sqm fenced plot in Fidiso Estate (₦22M) with Gazette and Deed of Assignment is ideal for immediate development.

4. Commercial Properties

  • Description: Limited commercial spaces, primarily land plots along the Lekki-Epe Expressway for business purposes.
  • Features: High-traffic locations suitable for retail, offices, or mixed-use developments.
  • Price:
    • 2100 sqm (corner piece): ₦500,000,000 (Governor’s Consent).
  • Example: A 3-plot commercial land facing Abijo GRA (₦500M) is fenced, gated, and perfect for commercial projects.

Estate Amenities and Infrastructure

Fidiso Estate is a gated, developing community with basic amenities managed by FERA:

  • Security: One gated entrance with uniformed security guards; unrestricted entry but safe, with no reported violent crimes. Residents rely on high fences and occasional private security.
  • Roads and Drainage: The central road is graded sandy, with most internal roads untarred and lacking drainage channels, leading to flooding during rains. Some newer properties have tarred access roads.
  • Power: No central generator; electricity via EKEDC with prepaid meters. Residents use personal generators, with diesel costs borne by tenants in short-lets.
  • Water: No central water supply; boreholes provide treated water to individual properties.
  • Waste Management: Handled by Lagos State Waste Management Authority (LAWMA), though some areas may have dirt heaps due to inconsistent service.
  • Recreational Facilities: No dedicated facilities within the estate; residents access Lufasi Nature Park or Novara Mall for leisure. Green areas are minimal but present around some duplexes.
  • Commercial Hubs: Novare Mall, AGMART, and local markets are nearby, offering shopping and dining options.

Pricing and Investment Details

  • Average Property Prices:
    • Houses for sale: ₦15,000,000–₦35,000,000 (flats/duplexes), up to ₦100,000,000 (luxury duplexes).
    • Houses for rent: ₦700,000/year (average), ranging from ₦400,000 (mini-flats) to ₦1,500,000 (3-bedroom flats).
    • Land: ₦22,000,000–₦40,000,000 (600–698.68 sqm).
  • Investment Potential:
    • High ROI for rentals (₦400,000–₦1.5M/year) and short-lets (₦300,000/month) due to proximity to Novare Mall and upcoming infrastructure like the Lekki Deep-Sea Port.
    • Capital appreciation driven by Abijo’s growth as part of the “New Lagos,” with land prices in Abijo GRA at ₦30,000/sqm.
    • Affordable entry points for flats (₦15M) and land (₦22M) attract budget-conscious investors.
  • Titles: Gazette, Deed of Assignment, Village Excision, or C of O ensure secure ownership, though buyers must verify documents.

Awards and Recognition

  • Affordability: Fidiso Estate is noted for offering value-for-money properties for middle-income earners, as highlighted by NeighbourhoodReview.com.
  • Safety: Recognized as a safe neighborhood with no reported violent crimes, enhancing its appeal for families.

Challenges and Considerations

  • Poor Infrastructure: Untarred roads and inadequate drainage cause flooding, impacting accessibility during rainy seasons.
  • Lack of Central Management: The absence of a central authority leads to inconsistent maintenance, relying heavily on FERA’s efforts.
  • Power Costs: Dependence on personal generators increases living expenses, especially for short-let tenants.
  • Market Verification: Buyers must confirm titles and agent credentials to avoid scams, particularly for low-priced properties (e.g., ₦15M flats).
  • Traffic: The Lekki-Epe Expressway’s congestion affects commute times to Victoria Island.

Recent Developments

  • New Listings: Recent properties include a 4-bedroom duplex (₦25M), 2-bedroom flats (₦15M–₦17M), and a 698 sqm land plot (₦22M).
  • Nearby Projects: Developments like De Avocado Smart & Luxury Homes 2.0 in nearby Chois Gardens (1-bedroom: ₦60M, 3-bedroom: ₦85M) indicate rising luxury property demand.
  • Infrastructure Growth: The Lekki Deep-Sea Port and proposed Lagos-Calabar Coastal Highway are expected to boost Abijo’s connectivity and property values.

Why Choose Fidiso Estate?

  • Affordability: Offers budget-friendly flats (₦400,000/year) and duplexes (₦25M), ideal for middle-income earners.
  • Safety: Gated estate with no reported violent crimes ensures a secure living environment.
  • Investment Potential: High rental yields and land appreciation due to Abijo’s growth and proximity to major developments.
  • Serene Environment: Quiet neighborhood opposite Lufasi Park, ideal for families seeking tranquility.
  • Accessibility: Close to Novare Mall and 10 minutes from Ajah, with potential for improved connectivity via future infrastructure projects.

Contact Information

  • Real Estate Agents:
    • Bluehedge Realtors: +2341*****48, +2348032065685 (3-bedroom flat: ₦700,000/year; 2-bedroom flats: ₦15M–₦17M).
    • Toyo Fadipe & Partners: +2348051956996 (1-bedroom flat: ₦650,000/year).
    • Meadow Luxury Homes: +2348052345678 (2-bedroom flats for sale).
    • Effective-efforts Homes: +2349011234567 (2-bedroom flat: ₦2M/year).
    • Omat’s Prime Limited: +2348165789123 (3-bedroom flat: ₦1.5M/year).
  • Note: Verify agent credentials, avoid inspection fees above ₦5,000, and confirm titles (Gazette, C of O, Deed of Assignment) before payments. Meet agents in public locations.

Conclusion

Fidiso Estate in Abijo, Lekki, Lagos, is an affordable, developing residential hub offering duplexes, apartments, and land for middle-income residents and investors. Its serene location, 10 minutes from Ajah and opposite Lufasi Nature Park, combined with safety and proximity to Novare Mall, makes it appealing for families and professionals. Despite challenges like poor roads, flooding, and lack of central management, the estate’s low entry prices and high ROI potential, driven by Abijo’s growth and upcoming infrastructure like the Lekki Deep-Sea Port, enhance its value. Buyers and renters should verify titles and agent credentials through platforms like Nigeria Property Centre or PropertyPro Nigeria for secure transactions. Fidiso Estate is a promising choice for those seeking affordability and investment opportunities in the “New Lagos.”

Disclaimer: Prices and availability are subject to change. Verify details with authorized agents before making decisions.

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