HomeCover StoriesTop 10 Largest and Most Luxurious Estates in Nigeria

Top 10 Largest and Most Luxurious Estates in Nigeria

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Nigeria boasts a wealth of opulent and expansive estates, reflecting its rich economic and social heritage.

Here’s a closer look at the ten biggest estates in Nigeria, as surveyed by Private Property.

Read Also: FG restate commitment to building public trust in governance

1. Gwarimpa Estate – Abuja

Gwarimpa Estate tops the list as a vast residential enclave in Abuja, commissioned by the late General Sani Abacha. It is rumoured to be the largest estate in West Africa, covering approximately 1,090 hectares. It primarily houses government civil servants, high commissions, and embassies, with property prices ranging from N65 million to N90 million for luxury homes.

2. Festac Town – Lagos

Festac Town, initially built for the Second World Festival of Black Arts and Culture in 1977, features over 5,000 housing units. Despite its mixed reputation, it offers affordable living options with property prices between N65 million and N90 million, and rentals for 3-bedroom apartments around N1.3 million annually.

3. Sunnyvale Homes – Abuja

Located in Abuja’s Dakwo District, Sunnyvale Homes covers 101 hectares and offers top-notch amenities such as a shopping mall, police station, and sports facilities. Property prices reflect its luxury, with a 3-bedroom semi-detached bungalow costing up to N21 million.

4. Rainbow Town Estate – Port Harcourt

Rainbow Town Estate in Port Harcourt’s Trans-Amadi district spans 23 hectares and features 1,181 housing units, including high-rise luxury villas. Known for its architectural splendor, it includes the 15-storey Point Block towers and 12-storey City Block towers, with the estate valued at N82 billion.

5. Parkview Estate, Ikoyi – Lagos

Parkview Estate in Lagos’s upscale Ikoyi district is renowned for its premium security and amenities. With around 400 housing units, property prices range from N85 million for a 3-bedroom apartment to N250 million for larger homes, making it a haven for the affluent.

6. Nicon Town – Lagos

Located on the Lekki Peninsula, Nicon Town spans 57 hectares and is synonymous with luxury. Developed by the Chevron Employees Multipurpose Cooperative Society, land prices have skyrocketed from N5 million to over N155 million, with rental rates for a 3-bedroom house reaching N2 million annually.

7. Efab Estate – Abuja

Efab Estate, primarily in Lokogoma, Abuja, covers 60 hectares and includes over 800 housing units. Known for its world-class utilities and services, property prices range from N70 million to N130 million for a 5-bedroom duplex and over N40 million for a 3-bedroom bungalow.

8. Lekki Scheme I – Lagos

Lekki Scheme I is a model of modern luxury living, renowned for its organized road networks and lush green spaces. This estate offers contemporary amenities and natural beauty, making it a prime choice for residents seeking comfort and convenience.

9. Banana Island – Lagos

Banana Island, a man-made haven in Lagos, epitomizes luxury with its pristine waterfront views and lavish residences. It is home to sprawling mansions and luxury apartments, representing the pinnacle of opulent living in Nigeria.

10. Ikeja GRA – Lagos

Ikeja Government Reserved Area (GRA) in Lagos offers elegance and sophistication with its tree-lined streets and stately homes. This well-planned neighborhood provides easy access to business districts and cultural attractions, making it an ideal choice for those valuing luxury and tranquility.

These estates not only highlight Nigeria’s architectural beauty but also its capacity to offer luxurious living spaces that cater to a variety of tastes and preferences.

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