Cities all around the world, boasts a diverse range of neighborhoods, from the fancy and exclusive to the more budget-friendly and accessible.
Lagos too boasts its share of affluent neighborhoods, as well as those that offer more budget-friendly living options.
In Lagos, you’ll find a spectrum of residential areas to suit various budgets.
Lagos, like every other city, presents many choices to match your lifestyle and preferences.
In this article we will be covering 5 notable fancy places to live in Lagos.
1. Banana Island
Banana Island is a man-made island with a slightly curved shape resembling a banana.
This island is positioned in the Lagos Lagoon, and it is connected to Ikoyi Island via a dedicated road that links to the existing road network near Parkview Estate.
The island is a carefully planned, mixed-use development featuring residential, commercial, and recreational buildings.
This area is residence to numerous renowned Nigerian billionaires, including notable figures such as Aliko Dangote and Mike Adenuga.
The presence of these billionaires contributes to the high-profile and cash rich character of the area.
2. Ikoyi Bourdillon
Ikoyi, situated within the Eti-Osa Local Government Area, stands out as one of the priciest neighborhoods in Lagos.
During the colonial era, Ikoyi was set apart from its neighboring regions and designated as the Government Reservation Area (GRA).
This separation played a significant role in shaping the area’s unique character and development.
Afterward, Ikoyi underwent development as a residential cantonment for the British expatriate community.
Even today, traces of this historical transformation are still present in the form of grand colonial mansions constructed between 1900 and 1950, showcasing a historical legacy that adds to its unique charm.
3. Victoria Garden City
Victoria Garden City is an exclusive gated community situated along Lekki Express Way in the Ajah area of Lagos State, Nigeria.
Confined in about 200 hectares of land, this carefully planned estate functions as a varied zone for residential, commercial, and public services.
Operated by HFP, a prominent construction company, Victoria Garden City stands as a privately owned district.
Positioned along the vibrant Lekki-Epe Expressway, Victoria Garden City is a well structured community furnished with modern infrastructure.
This carefully planned district features an excellent road network, continuous security surveillance, a recreational park, banks, reputable schools, places of worship including churches and a mosque, a 24-hour water treatment and supply system, and various convenient shopping complexes.
4. Victoria Island
Victoria Island (VI) stands out as a posh neighborhood situated adjacent to Lagos Island, Ikoyi, and the Lekki Peninsula along the Lagos Lagoon.
Victoria Island is known as Lagos’s primary business and financial hub, it hosts crucial institutions like the Nigerian Law School and the Nigerian Television Authority (NTA).
Additionally, it serves as the headquarters for numerous corporations, financial institutions, and multinational companies.
VI is a big financial district equipped with a very good road network, and it plays a pivotal role in the economic landscape of Lagos, encouraging a lively environment for various sectors.
Known for its difference and luxuriousness, Victoria Island comes among the most prestigious and high end residential neighborhoods with big financial activities in Lagos state Nigeria, it is located within the jurisdiction of the Eti-Osa Local Government Area (LGA).
5. Magodo
Positioned strategically near the Lagos-Ibadan expressway, Magodo Isheri and Magodo Shangisha boast a high quality location with easy access to both Lagos Island and the vibrant Ikeja Central Business Districts.
This place is recognized for its robust security measures, Magodo stands out as one of Lagos’ premier estates.
Despite occasional traffic challenges during peak hours, Magodo maintains its magnetic charm, attracting rich individuals who have made the conscious decision to make this locale their home.
For those venturing into the realm of real estate, a budget of N70 million presents an opportunity to secure a piece of land within Magodo.
And that’s a wrap!
