UTOPIA – Luxury Living, Redefined

Where Elegance Meets Luxury.

If you are looking for a place where elegance and luxury converge, Utopia is your ultimate destination.

Featuring meticulously crafted architecture and thoughtfully selected amenities, Utopia offers an exceptional living experience designed around sophistication, comfort and convenience.

Every detail has been carefully considered to create a home that meets modern lifestyle needs, from private living spaces and expansive terraces to premium interior features.

Located in Ikota, Lagos, Utopia combines a conducive residential environment with convenient access to shopping, entertainment, relaxation spots and essential amenities.

Whether you are seeking a beautiful home or an investment opportunity, Utopia offers a compelling blend of lifestyle and long-term value.

Property details

Field	Value
Property title	Governor’s Consent
Development name	Utopia
Location	Ikota, Lagos
Property type	Luxury residential development
Listing type	Sale
Status	Partially sold out
Available units	2-bedroom semi-detached
Sold-out units	Studio apartment, 2-bedroom penthouse

Why Utopia?

A residential experience built around comfort, value, and convenience.

• High ROI Potential: Investment opportunities through short-let and long-term rental possibilities.
• Flexible Payment Plan: Structured payment arrangements designed to support property ownership.
• Strategic Location: Situated in Ikota, with access to major lifestyle and commercial destinations.
• Conducive Environment: A comfortable residential setting for modern living.

Estate facilities and features

• All rooms en-suite
• Private compound
• Large open terraces
• Walk-in closets
• Contemporary architectural design
• Premium residential finishes

Nearby landmarks and neighbourhood

Utopia enjoys access to a variety of lifestyle, shopping, and entertainment destinations around Ikota.

• Mega Chicken
• The Place, Ikota
• Supermarkets
• Shopping malls
• Relaxation and leisure spots
• Cinemas
• Other government amenities

Apartment options and availability

2-Bedroom Semi-Detached	₦120,000,000	Available
2-Bedroom Penthouse	₦100,000,000	Sold Out
Studio Apartment	₦35,000,000	Sold Out

Flexible payment arrangement
Payment period: 0–3 months Free, 0–6 months 5%

Investment projections

Studio apartment

Studio Apartment – PROPERTY PRICE: ₦35,000,000

Scenario	Daily rate	Annual net income	Break-even
Short-let – 2 days weekly	₦50,000	₦4.08M	8.6 years
Short-let – 4 days weekly	—	₦8.88M	3.9 years
Long-term rental	—	₦2M	17.5 years

2-bedroom semi-detached

2-Bedroom Semi-Detached – PROPERTY PRICE: ₦120,000,000

Scenario	Daily rate	Annual net income	Break-even
Short-let – 2 days weekly	₦120,000	₦9.6M	12.5 years
Short-let – 4 days weekly	—	₦21.12M	5.6 years
Long-term rental	—	₦4.5M	26.6 years

2-bedroom penthouse

2-Bedroom Penthouse – PROPERTY PRICE: ₦100,000,000

Scenario	Daily rate	Annual net income	Break-even
Short-let – 2 days weekly	₦150,000	₦12.48M	8 years
Short-let – 4 days weekly	—	₦21.12M	4.7 years
Long-term rental	—	₦5M	20 years

Make Utopia Your Next Address.

Discover a home where elegance, comfort and convenience come together. Speak with our property consultants to learn more about the available two-bedroom semi-detached apartments and schedule a private inspection.