Idado Estate Lekki: Full Details With Breakdown + Price List

Idado Estate Lekki: Full Details With Complete Breakdown + Price List

Introduction

Idado Estate, located in the serene and rapidly developing Idado area of Lekki, Lagos, Nigeria, is a prestigious residential estate known for its modern infrastructure, secure environment, and proximity to key business and leisure hubs. Positioned as an ideal choice for families, professionals, and investors, Idado Estate offers a blend of luxury, affordability, and investment potential. This article provides a comprehensive overview of the estate, including its features, amenities, location benefits, and a detailed price list based on recent market data.

Location and Accessibility

Idado Estate is situated in Idado, Lekki, along the Lekki-Epe Expressway, near Chevron and Agungi. Its strategic location places it close to landmarks such as Eleganza Shopping Mall, Ikota Villa Estate, and the Lekki 2nd Toll Gate. The estate is approximately 15–20 minutes from Victoria Island and 20–30 minutes from Ikoyi during off-peak hours, accessible via well-maintained roads like the Lekki-Epe Expressway and Chevron Drive. The estate features interlocked roads and efficient drainage systems, ensuring a flood-free environment. However, rush-hour traffic (6:30 AM–8:00 AM) may extend travel times.

Features and Amenities

Idado Estate is designed to provide a secure, modern, and comfortable living experience. Key features include:

  • Contemporary Architecture: Offers a range of properties, including detached and semi-detached duplexes, terrace houses, and apartments, with high-quality finishes and modern designs.
  • 24/7 Security: Gated community with CCTV cameras, access codes, 24-hour security personnel, and solid security doors for resident safety.
  • Reliable Power Supply: 20–24 hours of electricity via dedicated transformers, backup generators, and some units with solar power options.
  • Central Water System: Treated water supply and boreholes ensure consistent access to clean water.
  • Infrastructure: Interlocked streets, stamped concrete floors, good road networks, and well-connected drainage systems.
  • Modern Fittings: Properties include fully fitted kitchens (ovens, microwaves, heat extractors), POP ceilings, chandeliers, in-built speakers, water heaters, walk-in showers, bathtubs, and spacious wardrobes.
  • Recreational Facilities: Some properties feature private swimming pools, gyms, cinemas, and rooftop terraces, with communal playgrounds and planned recreational areas.
  • Serene Environment: Lush greenery and spacious compounds enhance the estate’s aesthetic appeal.

Housing Options

Idado Estate offers diverse housing types to cater to various preferences and budgets:

  • 2-Bedroom Apartments: Spacious, ensuite units ideal for singles or small families.
  • 3-Bedroom Terrace Duplexes: Modern homes with boys’ quarters (BQ) and family-friendly layouts.
  • 4-Bedroom Semi-Detached Duplexes: Contemporary designs with ample parking and ensuite rooms.
  • 4-Bedroom Fully Detached Duplexes: Larger homes with private compounds and premium fittings.
  • 5-Bedroom Fully Detached Duplexes/Mansions: Luxury properties with features like swimming pools, cinemas, and smart home systems.

Investment Potential

Idado Estate is a strong investment opportunity due to:

  • High Appreciation: The average house price in Idado is ₦300M, with properties ranging from ₦6.5M to ₦650M, reflecting strong market growth.
  • Rental Income: High demand in Lekki ensures robust rental yields, with 4–5 bedroom units fetching ₦5M–₦12M annually.
  • Flexible Payment Plans: Some properties offer installment options, typically with a 50% initial deposit and balance spread over months.
  • Legal Clarity: Most properties come with Governor’s Consent, Certificate of Occupancy (C of O), or Registered Survey, ensuring secure ownership.
  • Strategic Location: Proximity to Chevron and business hubs enhances appeal for professionals and investors.

Price List and Service Charges

Based on recent listings from Nigeria Property Centre, Private Property Nigeria, and market trends, below is a detailed price list for Idado Estate properties:

  • 2-Bedroom Apartment:
    • Sale Price: ₦100M (vibrant & lush, with pool and gym).
    • Rent: ₦2.5M–₦2.6M/year (shared or master bedroom).
    • Service Charge: ₦150,000–₦400,000/year.
    • Additional Fees: Agency (10%), Legal (10%), Caution (10%), Inspection (₦10,000, refundable).
    • Features: Ensuite rooms, fitted kitchen, spacious compound, 24/7 security, suitable for Airbnb.
  • 3-Bedroom Terrace Duplex:
    • Rent: ₦5.5M–₦12M/year (corner piece: ₦12M).
    • Service Charge: ₦500,000–₦550,000/year.
    • Additional Fees: Agency (10%), Legal (10%), Caution (10%).
    • Features: Fitted kitchen, family lounge, 24/7 security, good road network.
  • 4-Bedroom Semi-Detached Duplex + BQ:
    • Sale Price: ₦150M (fully furnished).
    • Rent: ₦8M/year.
    • Service Charge: ₦400,000/year.
    • Additional Fees: Agency (10%), Legal (5–10%), Caution (10%).
    • Features: Ensuite rooms, CCTV, fitted kitchen, ample parking, Governor’s Consent.
  • 4-Bedroom Fully Detached Duplex + BQ:
    • Sale Price: ₦230M–₦250M.
    • Features: Large living room, balcony, fitted kitchen, 4-car parking, Governor’s Consent.
  • 5-Bedroom Fully Detached Duplex/Mansion + BQ:
    • Sale Price: ₦280M–₦550M (with pool, cinema, rooftop).
    • Rent: ₦12M/year.
    • Service Charge: ₦500,000–₦600,000/year.
    • Additional Fees: Agency (5–10%), Legal (5–10%), Caution (10%).
    • Features: Swimming pool, cinema, rooftop terrace, smart home automation, jacuzzi, family lounge, Governor’s Consent.
  • Additional Costs (Purchase):
    • Legal and Admin Fees: 5% of purchase price.
    • VAT: 7.5%.
    • Survey Fee: ₦1.5M–₦2M.

Note: Prices are based on listings from Nigeria Property Centre (January 2025), Private Property Nigeria, and market trends as of June 2025. For current pricing and inspections, contact agents like Bluehedge Realtors (08177766115), Alvinacle Properties (09015101160), or Property Hub Naija (09059227043).

Customer Testimonials

  • Mr. Kola A.: “Idado Estate’s secure environment and modern amenities make it perfect for my family. The 24-hour power is a huge plus.”
  • Mrs. Chioma E.: “I bought a 4-bedroom duplex for ₦150M, and the rental income is already exceeding expectations. The title was clear, and the process was smooth.”

Challenges and Considerations

Prospective buyers should note:

  • Traffic Congestion: Peak-hour traffic on the Lekki-Epe Expressway can delay travel to Victoria Island or Ikoyi.
  • Construction Status: Some properties (e.g., 5-bedroom mansions at ₦550M) are 95% complete, requiring buyers to finish interiors.
  • Due Diligence: Verify titles (Governor’s Consent, C of O) and conduct structural inspections due to past concerns with Lekki developments.
  • Service Charges: Annual fees (₦150,000–₦600,000) may increase as amenities are added.

Conclusion

Idado Estate in Lekki offers a compelling mix of luxury, security, and investment potential. With its modern infrastructure, proximity to Chevron and Eleganza, and diverse property options, it caters to a wide range of buyers and investors. Despite challenges like traffic and the need for due diligence, its high ROI, flood-free environment, and legal clarity make it a standout in Lagos’ real estate market. For the latest pricing and to schedule inspections, contact trusted agents or visit Nigeria Property Centre.

For inquiries, reach out to Bluehedge Realtors at 08177766115, Alvinacle Properties at 09015101160, Property Hub Naija at 09059227043, or email in**@***************rs.com.

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