UTOPIA

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If you are looking to live in a place where elegance and luxury converge, Utopia is your ultimate destination. Our meticulously crafted architectural design and opulent amenities offer an unparalleled living experience. Every detail is thoughtfully designed to meet your needs, providing a home that embodies sophistication and comfort.

Location: Ikota, Lagos

Title: Governor’s Consent

Why UTOPIA

High ROI

⁠⁠Flexible payment plan

⁠Strategic Location

Conducive Enviroment

Educational facilities

Affordable cost of living

Estate Facilites

⁠All room en-suite

⁠Private Compound

Large open terraces

Walk-in closet

UTOPIA Price & Payment Plan

2 Bedroom Pentfloor – SOLDOUT

2 Bedroom Semi Detached – AVAILABLE

Studio Apartment – SOLDOUT

Payment Plan for Both:

0 to 3 months – Free

0 to 6 months – 5%

1 bedroom terrace

0 – 6 Months – ₦38,000,000.        Deposit – %35

6 – 12 Months – ₦41,800,000            Initial %34

INVESTMENT PROJECTIONS

STUDIO APARTMENT — ₦35M

SHORTLET PROJECTION (2 Days Weekly Occupancy)
• Daily Rate: ₦50K
• Yearly Net Income: ₦4.08M
• Estimated Break-Even: 8.6 Years

SHORTLET PROJECTION (4 Days Weekly Occupancy)
• Yearly Net Income: ₦8.88M
• Estimated Break-Even: 3.9 Years

LONG-TERM RENTAL
• Estimated Annual Rental Income: ₦2M
• Estimated Break-Even: 17.5 Years

 

2 BEDROOM SEMI-DETACHED — ₦120M
SHORTLET PROJECTION (2 Days Weekly Occupancy)
• Daily Rate: ₦120K
• Yearly Net Income: ₦9.6M
• Estimated Break-Even: 12.5 Years

SHORTLET PROJECTION (4 Days Weekly Occupancy)
• Yearly Net Income: ₦21.12M
• Estimated Break-Even: 5.6 Years

LONG-TERM RENTAL
• Estimated Annual Rental Income: ₦4.5M
• Estimated Break-Even: 26.6 Years

2 BEDROOM PENTHOUSE — ₦100M

SHORTLET PROJECTION (2 Days Weekly Occupancy)
• Daily Rate: ₦150K
• Yearly Net Income: ₦12.48M
• Estimated Break-Even: 8 Years

SHORTLET PROJECTION (4 Days Weekly Occupancy)
• Yearly Net Income: ₦21.12M
• Estimated Break-Even: 4.7 Years

LONG-TERM RENTAL
• Estimated Annual Rental Income: ₦5M
• Estimated Break-Even: 20 Years

Download Property Brochure

Discover everything you need to know about this exceptional investment opportunity. Access comprehensive details on available units, pricing, amenities, location advantages, and projected returns by downloading the Brochure.

Neighborhood

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