Ikota Villa Estate; General Overview, Property Prices & Electricity

The first thing I love about Ikota Villa Estate is its close proximity to Lekki, Victoria Island, and Ikoyi. It gives you access to enjoy Lagos city island. Not to mention its affordability. Middle-income earners can afford to buy or rent a property within the Estate. Yes, you don’t have to break the bank to live in Lekki.

Ikota Villa Estate is located beside the well-known Mega Chicken restaurant along the Lekki-Epe expressway way about a 6-minute drive after the Ajah jubilee bridge.

Properties and their Average Prices

In ikota Villa Estate, unlike other estates, you get to buy land and build to your own taste. Areas within the estate that has tarred road with a good drainage system costs more than the ones with bad road conditions cost less.

Property Prices Range from;

  • Self-contain: N500,000
  • Mini flat: N700 – 1M
  • 2 – 3 bedroom flats: ₦1.2 million – ₦1.8 million (rent), ₦20 million – ₦30 million (sale)
  • 3 bedroom terrace duplexes: ₦1.5 million – ₦2 million (rent), ₦30 million – ₦40 million (sale)
  • 4 bedroom semi-detached duplexes: ₦2.5 million – ₦3.5 million (rent), ₦45 million – ₦55 million (sale)
  • 4 – 5 bedroom fully detached duplexes: ₦3 million – ₦4.5 million (rent), ₦55 million – ₦110 million (sale)
  • Land – ₦50,000 – ₦60,000 per sqm

Security within Ikota Villa Estate

Ikota Villa is a gated estate with less security supervision at the entrance gate. But security Men are seen most times guarding the gate.

Non-residents are allowed in, calls are been placed to the host sometimes.

The resident decided on their own to build a gate within the estate for security and most time pay armed police officers to guard the entrance.

Electricity, Waste Management & Water Supply

Electricity is supplied by EKDC.
Due to the fact that it’s not a service charge estate, Residents make use of inverters, generators, and solar to power light.

Water Supply
Resident dig boreholes with the treatment plant.

Waste Management is handled by the Lagos state government, residents are c to the estate community.

Road & Drainage System Within Ikota Villa Estate

Not all streets within the estate are tarred and interlocked, some streets have bad drainage and pools of water with no drainage. Inspecting the road before buying or renting a house is advised.

Most part of this estate gets flooded during rainfall. For example, the central road that leads to Lekki county homes is not that good.

The Neighborhood, Malls, Restaurants & Banks

Closest Shopping Mall

One of the closest and most talked about is the Ikota Shopping Mall. Other public amenities are located within & outside the estate, such as; banks, saloons, boutiques, thrift stores, travel agencies, furniture stores, supermarkets, mama put, and other restaurants which are all about 3 minutes from the gate.

If you decide to reside at Ikota Villa, Mega Chicken & The Place Restaurants will defiantly be one of the spots you are likely to visit even very often because they are known for good food with their section of African delicacies.

Banks in close proximity

Zenith bank amongst other banks within one mile radius is fully operational to serve everyone not to talk of other several POS and ATMs in close proximity to the estate gate.

Health Facilities

Lifecrest Medical Services Ltd is one of the health care units located within the estate along road 1.

Why live here

Overall, Ikota Villa is a secured and good estate. Middle-income earners can afford to live here with easy access to major amenities and its close proximity to places like Chevron, VI & lots’s more. The easy access to top restaurants and relaxation centers is a plus for anyone working around the environment.

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