Lagos's most sought-after residential corridor. Dense with embassies, corporate tenants, and diaspora buyers. Short-let demand is consistently strong year-round.
Verified listings
Run your scenario — real benchmarks
Property price (₦)
Bedrooms (for rental benchmark)
Traditional yield
₦20M annual rent on ₦400M
5.0%
Cap rate
75% of gross rent / price (after operating costs)
3.8%
STR gross yield
₦180K/night · 55% occupancy
9.0%
Cash-on-cash return
30% down · 22% mortgage · 15yr term
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Rental benchmarks from 17 verified listings. Sale benchmarks from 33 listings. Source: CW Real Estate · Manop Intelligence.
Best for
✓Short-let / Airbnb
✓Corporate rental
✓Capital appreciation
Title types common here
✓ C of O✓ Governor's Consent✓ Deed of Assignment
Risk factors
⚠Traffic congestion affects desirability
⚠Oversupply risk on some streets
⚠Verify title thoroughly — quality varies
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