With property and living costs on the rise, expensive estates springing up in all parts of the city, the development of Lagos into a mega city has seen an upswing in the cost of property, it is no wonder Lagos state has been dubbed one of the most expensive cities to live in Nigeria.
Residents in Lagos have a choice of either staying in the Lagos Island or the mainland. While most people have a preference for living in the Lagos island due to its high-life status, beauty, and economic opportunities. There are still very good areas located on the Lagos mainland which can as well compare to the cost and standard of living on the island.
Ikoyi includes the newer suburbs of Banana Island, Parkview Estate, Dolphin Estate and other luxurious blocks of flats that are springing up.
With well-paved roads as well as a good layout, it is one of the most expensive areas to live in. A property for sale here can go for as high as N9,000,000
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