Defacto Properties

We are the answer to your short-stay needs. We have apartment conducive for your experience.

LETTINGS
****WOULD YOU LIKE TO MAKE AT LEAST N10,000?****
Yes, you heard right.
Skyfield Apartments is giving you the opportunity to make N10,000 or more when you refer friends, and associates to take up accommodation with us.
As long as your referral pays for at least a month, you entitled to N10,000, so when you refer 10 people that pay for rooms, you get N100,000
(and so on and so forth).
We are located in the heart of Yaba (Commercial Avenue in Sabo), and have self contained apartment units that are ready to be occupied by interested individuals that work in the island area or other extreme areas of Lagos but want to be centrally located. We are approximately 8-10 mins from the 3rd Mainland Bridge, and ideal for those that work on the Island but seek to avoid the notorious traffic and high cost of accommodation in the Island region.
Each unit contains a room (with a reading desk and chair), bed frame and self contained toilet and shower.
There is a canteen on the premises, 24 hour security, generator electricity 6 hours a day and cleaning of the common areas.
PRICE PER ROOM: N55,000 PER MONTH (FIRST MONTH PAYMENT IS N80,000)
Contact Wale @ 0705 317 5068
***A REFFERRAL IS DEEMED SUCCESSFUL IF THE INDIVIDUAL REFERRED PAYS FOR A ROOM FOR AT LEAST A MONTH.
IKOYI
Four bedroom detached home with 2 room BQ on 1400 sqm land
at Owena Street in Parkview Estate. Total land area: 1400 sqm;
parking can accommodate up to 10 vehicles.
For residential and commercial use N12m/pa
ILUPEJU
4 bedroom semi-detached on 1600 sqm @ Tinubu Rd.
Long lease preferred. Ideal from commercial use
N3.5m per annum
VICTORIA ISLAND
10 bedroom detached home with 2 sitting rooms, 4 room BQ, Sinari Daranijo on 1125 sqm of land.Ideal for supermarket, crèche, medical centre etc.
N15m/annum net
Purpose Built office Building; location: Jubril Martins Street, Victoria Island
Description: 2200 sqm opened plan office space; lettable area: 1600 sqm
Term: long lease 800 USD per sqm per annum
LEKKI
Three units of 5 Bedroom detached house, fully air-conditioned, serene atmosphere with estate swimming pool, estate volleyball and tennis courts, children’s playground and at Stillwaters Gardens Estate, Lekki before 3rd roundabout(direct) N3.5-4m/annum

SALES
IKOYI LAGOS:
A plot of land measuring 1000 sqm,
Parkview Estate, Ikoyi - Lagos.
N250million
:
A plot measuring 1200sqmt land with Federal C of O
off Queen's Drive, Ikoyi - Lagos.
N380million
Block IX, Plots 6,7& 8;3200 sqm Onikoyi Chieftancy Layout.
Banana Island Road
N760m net
VICTORIA ISLAND:
A Vacant House on 1300sqmt Land
off Adetokunbo Ademola(Commercial use)
N350m
10 bedroom detached home with 2 sitting rooms, 4 room BQ, Sinari Daranijo on 1125 sqm of land.
Ideal for supermarket, crèche, medical centre etc.
Title: Deed of Assignment
N390m
OSBORNE
A wing of 4 bedrooms; semi-detached house with a room BQ.
Ground floor contains ante-room, guest bathroom, living & dining rooms, guest bedroom and kitchen store
First floor contains family lounge, bathroom and master bedroom suite.
The house is also fitted with ACs and gas cookers. Osborne Phase 1
Unregistered deed of assignment
N170m net
ONIRU
3600m2 mixed development, Oniru Estate, VI beside Covenant Estate, regd deed of sub-lease N550m net
LEKKI
803 sqm land at Cartlton Gate Estate, Chevron Drive
N90m
2 plots of 1000 sqm for sale at Nicon Town Estate, Zone B
N180m each
2065 sqm serviced plot (lagoon front plot) @ Pinnock Beach Estate
N100,000/sqm
IKEJA:
One (1) acre of land off Ajisafe Street street, GRA Ikeja.
TITLE:C of O
N620million

Contact Wale @ 0705 317 5068
[email protected]
Defacto Properties
defactopl.com

SALES

VICTORIA ISLAND
10 bedroom detached home with 2 sitting rooms, 4 room BQ, Sinari Daranijo (direct)
On 1125 sqm of land. Ideal for supermarket, crèche, medical centre etc.
Title: Deed of Assignment (direct) N390m

5 unit block of flat: 4 units of 3 bedrm flat, 1 unit of 4 bedrms (penthouse) on
1,400sqm land
Features: Swimming pool, Gym, ample car park for 10 for vehicles
Title: C of O and Governors Consent. N700m asking

Please contact:

Adewale Awosanya
Managing Director
0705 317 5068

Micheal Olukoya
Realtor
07026091523

Do you or anybody you know work in the Island area of Lagos State but cannot afford the rent?
Do you or anyone you know live in the extreme areas of Lagos State or Ogun State but work in the Island area of Lagos State, and wish to avoid the daily traffic and long commute?

Do you or anyone you know desire rooms to house those that come to Lagos State for conventions, churches, conferences, meet and greets and so on?

Do you or anyone you know desire to have discounted short stay occupancy?

We may have an answer to your needs.

165 room hostel apartments at Sabo, Yaba.
It is a strategic location, about 8 mins from Third Mainland Bridge.
It's ideal for those working on the Island but can't afford rent there.
Also ideal for those wishing to house construction workers. Out of towners; and general short stay occupants are welcome

Features: Security, 6 hours generator electricity.

N5000 applicant fees
N55,000 per month
N20,000 refundable caution.
You may charge up to 20% agency fees, or as much you can get from your principal

A waterview 4 bedroom fully detached duplex on 3 floors within its own separate compound in a mini estate @ Banana Island,
Title: C of O
N240m asking.

Adewale Awosanya
Managing Director,
0705 317 5068

Micheal Olukoya
Realtor
07026091523

FILLING STATION FOR LEASE (OKOTA)
Filling station @ Okota near Car Wash Bus Stop and Ago Palace Junction:
petrol, 4 pumps; diesel, 1 pump; kerosene, 1 pump.
Capacity of underground capacity is 149,000 litres.
N15 M asking per annum
Long lease preferred

Adewale Awosanya
Managing Director,
0705 317 5068

Micheal Olukoya
Realtor
07026091523

WELCOME TO DEFACTO PROPERTIES LIMITED

REAL ESTATE | PROPERTY MANAGEMENT | INVESTMENT ADVISORY.........................

Are You Searching For a Property In Nigeria? Then You Have Reached The Right Place.

Our mission is to empower consumers with information and tools to make smart decisions about homes, real estate and mortgages.
It is our goal as your full time, full service Realtor specializing in the communities and neighborhoods with in Nigeria and Whatever our partners outside Nigeria confirm are for lease or Sale.Our only reason for creating for existing is to take the pressure of you and get you a place we know you will like over time. We promise you nothing but the best of our service at all times.

We sincerely hope that you’ll take full advantage of the vital information, various resources and complimentary tools available throughout our real estate website.

Here you’ll find everything you need to successfully buy, sell or rent any type of real property, such as single or multifamily homes, condos, apartments, as well as commercial real estate, building lots and vacant land.

Please do not hesitate to contact us today for more information regarding our professional real estate services for home buyers, sellers and renters. We are ready and able to help you achieve your real estate goals and dreams.

As your agent, We promise to adhere to a strict code of ethics in conducting any and all activities related to your sale or purchase of a home.In some businesses, simply doing what is legal may be good enough.But in our real estate practice, we demand an ethical standard that goes above and beyond the legal requirements. The guiding principle of ethics comes from the Latin primum non nocere, meaning first do no harm. By adhering to strict ethical guidelines we will earn your trust. By establishing trust We’ll build a long term relationship with you our clients.

There are rules pertaining to: Disclosure of agency, financial arrangements, following the law of the land, marketing practices, negotiation methods, how clients are charged for services, how offers are presented, confidentiality, and more.

All of these rules are intended to protect your interest.

– FOR MORE INQUIRIES PLEASE CALL –
Michael: 070 396 569 46, 070 260 915 23
Wale 070 531 750 68

SHORT STAY (YABA)
165-room hostel apartments with self-contained room, shower and toilet
(close to Oyadiran Estate) Big and small rooms available.

Proximal to 3rd Mainland Bridge.
Ideal for those wanting to avoid the hassle of shuttling between the Island and Mainland (plus agency fees and caution) N50-80,000/month.

Ideal for those that work on the island but live on the mainland, as it's strategically located.
For professionals, youth corpers or companies holding conferences.

Adewale Awosanya
Managing Director,
0705 317 5068

Micheal Olukoya
Realtor
07026091523

TOP 10 REAL ESTATE LOCATIONS IN NIGERIA

“If you’re not going to put money in real estate, where else?,” quips Samir Tapir who invested most of his money in New York real estate in the 1990s and subsquently became a billionaire in 2002.

Over the years, real estate investment has proven to be one of the most profitable investments globally (read Uganda’s Sudhir Ruparelia’s real estate success story). According to a forecast by wealth intelligence firm, Wealth-X, The number of High Net Worth Individuals – people with more than $30 million in investable assets – will rise by 95,000 over the next decade. This means every year, there will be more people who want and can afford luxury properties.

Like in several real estate markets of the world where economic growth is shooting up or at least stable, demand for luxury real estate is rising in Nigeria, so also are prices.

According to a report by property portal, PrivateProperty.com.ng, luxury rental property is the most popular and lucrative property category in highbrow areas in Nigeria. The report stressed that most residents cannot afford properties in these areas; they are mainly demanded by expatriates and non-residents who are interested in running their business activities in Nigeria.

Using data gathered by PrivateProperty.com.ng, Nigeria’s largest property portal, the most expensive real estate locations in Nigeria was identified. There are more locations with expensive properties in Lagos than any other place in Nigeria, according to the report. Nigeria’s capital city, Abuja followed Lagos’ 4 locations with 3. Ibadan, Abeokuta and Port Harcourt are other Nigerian cities with some of the most expensive properties in the country.

1. Banana Island in Lagos (Lagos State) – N450Million ($2.81Million)

A 3-bedroom apartment typically sells for N100Million ($625,000) here and N450Million ($2.81Million) for a 5-bedroom house. Apparently due to the cost of acquiring properties, rental properties are very popular, with rent for a 3-bedroom apartment even going as high as N10Million ($63,000) per annum.

A man-made island in Lagos State, Nigeria that is slightly curved in shape – like a banana, Banana Island is located in the Lagos Lagoon. It has one of the highest density of millionaires within its boundaries, with billionaire Globacom Chairman Mike Adenuga, daughter of a former president of Nigeria, Iyabo Obasanjo are proud owners of property on the island. Son of late MKO Abiola, Kola Abiola and Saayu Dantata – Son of late Alhassan Dantata are other notable residents of the Island.

2. Maitama in Abuja (Federal Capital) – N430Million/$2,687,500

Property in Maitama costs close to $2.7 million or more. An area occupied by embassies and high commissions, as well as the crème de la crème of the society, Maitama sure deserves its second place on this list.

3. A*okoro in Abuja (Federal Capital) – N418Million/$2,612,500

One of the major districts in Abuja, A*okoro is a high class area; home to state house, A*o Rock, secretariat of the Economic Community of West African States, (ECOWAS), National Intelligence Agency (NIA) and the World Health Organization (WHO) office, among others. Property ‘understandably’ cost a fortune in this area.

4. Jabi in Abuja (Federal Capital) – N400Million/$2,500,000

Nigeria’s capital city comes in at number 4 with property at Jabi costing at least $2.5 million. Many Nigerian politicians have interests in this area.

5. Nicon Town in Lekki (Lagos State) – N320Million/$2,000,000

Nicon Town in Lekki is one of the budding real estate markets in Lagos now, with property in excess of $2 million.

6. Ikeja GRA, in Ikeja (Lagos State) – N250Million/$1,562,500

Many wealthy Nigerians who love the quiet life the GRA offers crave property in this area and don’t mind they have to part with money in the excess of $1.5 million to get the comfort they want. You’d find several expats here too.

7. GRA Phase 2 in Port Harcourt (Rivers State) – N145Million/$906,250

Port Harcourt is home to a lot of expatriates, many of who work for oil companies in the oil-rich city. If there are people who can afford property close to a million dollars, they sure can. Many South-South billionaires who just don’t want their money out of their region also spend so much on property at the city.

8. Lekki Scheme I, Lekki (Lagos State) – N140Million/$875,000

With $875,000, you can get a property in Lekki. The Island has been home to some of the most expensive property in Lagos in recent times, but demand for more luxury has pushed it down to eight on this list.

9. Alalubosa GRA in Ibadan (Oyo State) – N100Million/$625,000

Ibadan, Africa’s second largest city has been regarded by some as the most under-developed city in the world, but the city has started living to its potentials in the past few years, little wonder it made it to this list.

10. Ibara in Abeokuta (Ogun State) – N80Million/$500,000

Abeokuta’s real estate market is growing fast as people look to outlying locations outside Lagos, as high prices are forcing many out of the real estate space in Lagos.

In an article published by CNBC in 2013, multimedia producer Bianca Schlotterbeck, who’s now Photo Editor at AP, said the biggest threat to property markets is their own popularity, as the lack of local affordability can become a political issue, prompting governments to impose cooling measures. This may never be so for Banana Island as it was developed for the rich by the government itself.

Three units of 5 Bedroom detached house, fully air-conditioned, serene atmosphere
With estate volleyball & swimming pool, childrens' playground and estate lawn tennis court at
Stillwaters Gardens Estate,
Lekki before 4th roundabout(direct)
N4.17m/annum net.

Adewale Awosanya
Managing Director,
0705 317 5068

Micheal Olukoya
Realtor
07026091523

Anniebelle Muraina
Realtor
09093934759