3-bedroom Apartment + Bq

Property Ref : 3565061

3 bedroom flat / apartment for sale

Awolowo Road, Ikoyi, Lagos

₦750,000,000

Features

Awolowo Road, Ikoyi.
A Pool That Looks Out at the Lagos Lagoon.
3 Bedrooms. BQ. Elevator. Gym. 24/7 Power.
C of O. 750 Million.
90% Complete. The Price Goes Up When It Finishes.

THE PROBLEM
Awolowo Road, Ikoyi, has a price point that the market has established clearly.
Comparable 3-bedroom serviced apartments in this neighbourhood are currently listed at 900M and 1B. Those are the numbers that NPC buyers see when they search Ikoyi apartments. Those are the numbers that have been setting the expectation for what a 3-bedroom in this corridor should cost.
750M on the same road --- with a waterfront pool, a BQ, an elevator, a gym, 24/7 power, and a C of O --- does not fit that expectation.
It fits the development stage.
This building is 90% complete. The developer has priced at the 90% stage, not the 100% stage. That 150M to 250M gap between this unit and its completed comparables is not a discount for a lesser product. It is the early entry advantage --- the price that exists today and will not exist when the final finishes are in and the building opens.
The buyer who moves now buys Awolowo Road Ikoyi at 750M.
The buyer who waits buys it at a number the developer has not published yet --- but has promised will be higher.

THE AGITATION
Here is what the Ikoyi apartment market has been doing to the serious buyer who has been watching it from the outside.
The 1B listing you saw last month. The 900M listing before it. The consistently upward movement of the Ikoyi 3-bedroom apartment market that has made the entry price look different every quarter.
You are not in a different income bracket from the buyers who entered this market at 600M, 700M, 800M. They moved when a specific window was visible and the entry was below where the market was heading.
You are looking at that window right now.
Meanwhile the rent continues. Your landlord's renewal is coming. The number will move. You will absorb it because your school run is mapped, your routines are settled, your domestic infrastructure is established in your current address and rebuilding it somewhere else costs time and energy the week does not have.
Every absorption is a month of someone else's equity.
Every month the Ikoyi waterfront apartment sits 90% complete is a month the developer inches closer to the stage where the price increases.
That stage is close.

THE SOLUTION
A 3-bedroom serviced apartment on Awolowo Road, Ikoyi --- with a waterfront swimming pool, BQ, elevator, gym, 24/7 power, C of O title, and a completion stage that makes today the correct moment to commit.
Here is what the building delivers:
Awolowo Road, Ikoyi --- the address that requires no explanation on the Island. Awolowo Road is the primary arterial road of Ikoyi --- connecting the VI boundary to the heart of Ikoyi's residential and commercial core. It is where the upscale boutiques are. Where the private medical practices and law firms of Ikoyi's professional corridor operate. Where the dining options that define Lagos Island evenings are concentrated. This is not a side street off Ikoyi. It is Ikoyi itself --- the main road, the recognised address, the postcode that carries the full weight of the neighbourhood.
A waterfront swimming pool. Not a compound pool facing a boundary wall. Not a rooftop pool looking at the building across the road. A waterfront pool --- positioned at the building's lagoon-facing edge, where the water in the pool appears to extend into the Lagos lagoon visible beyond it. Swimming in this pool at 7 AM on a Sunday morning means the Lagos lagoon is the view. The water is in front of you and the water is beyond you and the city is still waking up. That specific experience is not replicated by any other pool in any other Ikoyi apartment listing on the market today. It is this building, this edge, this view.
A BQ within the apartment's allocation. Your domestic staff has dedicated accommodation. The apartment's spatial integrity and your household's privacy are maintained permanently. You are not managing a domestic arrangement that competes with your living space. The household is properly configured from day one.
An elevator. The building handles vertical movement. You do not negotiate stairs. Groceries, luggage, the laptop bag after a long day --- all managed by the elevator. In a multi-floor Ikoyi apartment building, this converts a physical daily friction into a non-event.
A gym inside the building. The fitness infrastructure is available without leaving the address. Before the 7 AM call. After the 9 PM return. The membership you've been maintaining elsewhere, used four times a month, replaced by the gym in the building you own.
24/7 power supply --- backed by a standby generator, prepaid meter, and borehole. The power is on when you arrive. It is on when you leave. It is on when you travel and your household remains in the apartment. The power infrastructure is managed at the building level. It is not your operational responsibility.
All rooms en-suite. 3 bedrooms. 3 bathrooms. 4 toilets. Fitted kitchen. Air conditioning. POP ceilings. Built-in wardrobes. Balconies. Water heater. The apartment is fully specified. Nothing is aspirational. The interior is complete at 90% --- the fittings are in, the rooms are configured, the finishes are in their final stage. You are not buying a shell with a delivery promise twelve months away. You are buying a building at its final stage of completion.
Certificate of Occupancy. The strongest individually registered title instrument in Lagos land law. Issued by the Lagos State government in the name of the owner. No derivation process. No upgrade required. Your solicitor verifies it. The transaction proceeds. This is the cleanest title position available for an Ikoyi apartment purchase.
90% complete --- and the developer has confirmed the price increases at 100% completion. This is not a marketing statement. It is the standard pricing behaviour of Lagos development at this stage. The developer has built the building using pre-completion pricing as the acquisition incentive. When the building is done --- when the hoardings come down, the lobby is operational, and the amenities are open --- the price reflects the completed product. That completed price is not 750M. It is the number the developer will announce closer to handover. The comparable listings on NPC right now --- 900M and 1B for similar Ikoyi 3-bedrooms --- tell you the directional range. 750M is available today. The window is measurable in weeks, not months.
The NPC comparable listings that appear alongside this building today --- 1,000,000,000 and 900,000,000 for 3-bedroom serviced apartments in Ikoyi --- are fully completed. This building, at 750,000,000, is 90% complete. That 150M to 250M differential is the early entry advantage. It is available now. It closes at completion.
Awolowo Road, Ikoyi sits on the waterfront edge of Lagos Island. The building's waterfront position is the same elevation and drainage infrastructure that gives the Ikoyi lagoon-front its consistent flood resistance. The established urban infrastructure of Awolowo Road --- maintained continuously as Ikoyi's primary arterial road --- places this address firmly outside the flood risk categories that affect lower-lying or less-managed Lagos Island addresses.
Smilebay Realties does not list properties in flood-prone areas. This building on Awolowo Road, Ikoyi was assessed against that standard before listing. It passed.

THE CALL TO ACTION
Awolowo Road, Ikoyi. 750,000,000. 90% complete.
Waterfront pool. BQ. Elevator. Gym. 24/7 power. C of O. All rooms en-suite. Balconies. Fitted kitchen.
The comparable completed apartments in this neighbourhood are at 900M and 1B today.
This one is 750M because it is 90% complete.
The developer has stated the price increases at 100%.
That is not a distant deadline. It is the next few weeks.
The buyer for this apartment has capital ready or a financing arrangement confirmed. They are not forming a view on Awolowo Road Ikoyi for the first time. They know the address. They understand the C of O. They recognise 750M for a waterfront pool, Ikoyi address, fully specified apartment at 90% completion for what it is.
One call. C of O available for immediate solicitor review. Viewing by appointment.
Call or WhatsApp Smilebay Realties: +234 901 517 4801
The pool faces the lagoon.
The price goes up when the building finishes.
This is the window.

3 Bedrooms --- 3 Bathrooms --- 4 Toilets --- All Rooms En-Suite

BQ --- Serviced Building --- Newly Built
Waterfront Swimming Pool --- Lagoon-Facing

Elevator --- Gym --- Landscaped Garden --- Ample Parking --- Balconies
Interior: Fitted Kitchen --- Air Conditioning --- POP Ceilings --- Built-In Wardrobes --- Tiled Floors --- Water Heater --- Guest Toilet

Power: 24/7 Power Supply --- Standby Generator --- Prepaid Meter --- Borehole

Security: Security Gate --- Perimeter Fencing --- Electric Fence --- Burglar Proof --- CCTV --- Security Gateman --- Fire Safety
Title: Certificate of Occupancy (C of O)

Development Stage: 90% Complete --- Price Increases at 100% Completion
Awolowo Road, Ikoyi, Lagos

Price: 750,000,000

Flood-Free --- Confirmed by Smilebay Realties Pre-Listing Assessment
NPC Comparable Context: Similar Ikoyi 3-Bed Serviced Apartments Currently Listed at 900,000,000 and 1,000,000,000
Listed by Smilebay Realties Limited --- Ref: 3565061

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