Live Data Feed
Lekki Phase 1: • 552 listings tracked • Median rent ₦11.0M/yr • Yield 4.1%Chevron / Lekki: • 270 listings tracked • Median rent ₦7.0M/yr • Yield 3.9%Ikoyi: • 244 listings tracked • Median rent ₦45.0M/yr • Yield 3.2%Ajah: • 215 listings tracked • Median rent ₦3.5M/yr • Yield 2.5%Ikate: • 165 listings tracked • Median rent ₦13.0M/yr • Yield 6.0%Victoria Island: • 154 listings tracked • Median rent ₦30.0M/yr • Yield 5.5%Banana Island: • 106 listings tracked • Median rent ₦60.0M/yr • Yield 2.9%Sangotedo: • 104 listings tracked • Median rent ₦4.5M/yr • Yield 3.2%Lekki Phase 1: • 552 listings tracked • Median rent ₦11.0M/yr • Yield 4.1%Chevron / Lekki: • 270 listings tracked • Median rent ₦7.0M/yr • Yield 3.9%Ikoyi: • 244 listings tracked • Median rent ₦45.0M/yr • Yield 3.2%Ajah: • 215 listings tracked • Median rent ₦3.5M/yr • Yield 2.5%Ikate: • 165 listings tracked • Median rent ₦13.0M/yr • Yield 6.0%Victoria Island: • 154 listings tracked • Median rent ₦30.0M/yr • Yield 5.5%Banana Island: • 106 listings tracked • Median rent ₦60.0M/yr • Yield 2.9%Sangotedo: • 104 listings tracked • Median rent ₦4.5M/yr • Yield 3.2%
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Scout.ngReal Estate Intelligence
Calculated Property Returns & Land Value

Residential capital allocation meets structural real estate data.

Every week, Scout.ng aggregates and processes thousands of unorganized rental and transaction records across premium Lagos corridors. By stripping out speculative negotiation buffers through our proprietary Settle Rate algorithm and modeling actual local operational outflows — including off-grid energy liabilities, estate levies, and legal transaction friction — we deliver the real, net yield that actually clears your treasury.

📍
No credit card required·Includes 5 free searches monthly·Diaspora & local calibrated
Lagos Property Database

Active Lagos Corridors & Rents

Average market trends updated weekly. Sign up to unlock historical graphs, comparable listing maps, and full operating expense ledgers.

Lekki Phase 1

Eti-Osa LGA
⚠️ TOO MANY SHORT-LETS

Excellent short-term demand from tourists, but skyrocketing estate diesel generator charges are eating into net margins.

Average Sale Price₦270.0M
Yearly Return4.1%

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View historical square meter land price trends, comparable listings, and custom service charge breakdowns.

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552 active listings trackedDetails Locked 🔒

Chevron / Lekki

Eti-Osa LGA
🔄 HIGH TENANT TURNOVER

Rapid development is saturating supply, making this a buyer's market but dampening rental pricing leverage.

Average Sale Price₦180.0M
Yearly Return3.9%

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270 active listings trackedDetails Locked 🔒

Ikoyi

Eti-Osa LGA
💎 SAFE WEALTH STORAGE

Pure capital preservation strategy. Entry is expensive, but underlying land value remains completely bulletproof.

Average Sale Price₦1.4B
Yearly Return3.2%

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View historical square meter land price trends, comparable listings, and custom service charge breakdowns.

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244 active listings trackedDetails Locked 🔒

Ajah

Eti-Osa LGA
⚠️ INFRASTRUCTURE BOTTLENECK

Flooding challenges and gridlock traffic limit high-yielding developments on secondary residential routes.

Average Sale Price₦140.0M
Yearly Return2.5%

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215 active listings trackedDetails Locked 🔒

Ikate

Eti-Osa LGA
🚀 EMERGING YIELD

The rental 'sweet spot' for young professional renters escaping Lekki Phase 1 due to intense pricing pressure.

Average Sale Price₦215.0M
Yearly Return6.0%

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165 active listings trackedDetails Locked 🔒

Victoria Island

Eti-Osa LGA
🏢 CORPORATE TENANTS

High utility. Converting older properties to corporate serviced apartments is driving steady long-term lease structures.

Average Sale Price₦550.0M
Yearly Return5.5%

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View historical square meter land price trends, comparable listings, and custom service charge breakdowns.

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154 active listings trackedDetails Locked 🔒
Lagos Property Brief

How to protect your wealth using physical land & development corridors in Eti-Osa

Despite currency fluctuations, concrete bricks and sand inside gated estate corridors act as physical wealth lockers. Their asset values (cement, imported steel, finishing fittings) scale automatically with replacement inflation, protecting your absolute wealth.

Interactive Underwriting Tool

The Lagos Property Deal Checker

Select a neighborhood. Adjust the localized expenses to find your true yearly profit and break-even timelines.

Enable Agent Co-branding

Property Parameters & Costs

Apply standard Agency and Legal Brief Agreement Fee (10% + 10% on first rent)
Lagos Operating Expenses
Monthly Generator Diesel / Power Levy₦0
Calculated Deal VerdictSettle Rate Buffer Applied: -15%
Gross Return Yield0.0%Raw annual rate
Take-Home Profit0.0%Real Net ROI
Take-Home Rent₦0Rent after expenses
Payback Period--Years to break even
Investment Rating:

Pillar 4: Spatial & Geospatial Risk Profile

Flooding IndexHigh (Secondary Streets)Sourced via GIS elevations
Transit Stress BenchmarkMedium (Peak Hour Jam)Typical transit delays to VI
Power Grid Reliability85% Estate Central PowerCentral power configuration

Recently Active Corridor Comps

Deduplicated active listings with similar layout profiles.

Lekki Phase 1 Comps
Listing Address / Source CorridorAsking PriceExpected Rent / YearImplied Return
Luxury 3-Bed Flat, Lekki Phase 1 Corridor₦234.1M₦11.2M/yr4.8%
Serviced Apartment, Lekki Phase 1 Estate₦220.3M₦10.6M/yr4.8%
3-Bed Terraced Unit, Lekki Phase 1 Central₦229.5M₦11.0M/yr4.8%
B2B Developer Feasibility Suite

Active Supply Densities & Street-Level Pricing

Calculated active construction pipelines and price-per-sqm indicators across major Eti-Osa routes.

Supply Red Flag Warning ⚠️

4-Bedroom Terraced Duplex Saturation

Our automated crawlers are seeing a 22% YoY increase in active listings for 4-bed terraces in the Chevron/Orchid axis, leading to flat rental pricing.

Scout Recommendation: Pivot new off-plan configurations toward compact, serviced 1-bedroom studio layouts to capture young executive tenant pools in Lekki/Ikate.

Street-by-Street Price-per-Sqm Index

Admiralty Way (Lekki 1)
650,000 / Sqm +12% (12 mo)
Fola Osibo (Lekki 1)
480,000 / Sqm +8.2% (12 mo)
Bourdillon Road (Ikoyi)
1,450,000 / Sqm +18.4% (12 mo)
Orchid Road (Chevron Area)
320,000 / Sqm -4.1% (12 mo)
Wealth Protection Index

Naira Bank Deposits vs. Lagos Concrete Bricks

Naira bank savings often advertise double-digit interest rates, but high inflation decays their buying power. See how investing in physical Lagos property hedges wealth in USD equivalent terms over a 10-year holding timeline.

“Buying physical land in premium corridors holds a natural hedge against devaluation, because the replacement cost of bricks automatically scales with inflation.”
10-Year US Treasury Growth$0Total compounding USD return
Lagos RE Return (USD Equiv)$0-$0 Deficit
Chrome Utility HookFor active property searchers

The Scout Listing Overlay Extension

Our lightweight extension overlay automatically parses properties on standard portals (Jiji, NPC) and projects Scout median valuations and yields in real-time.

PropertyPro.ng (Simulated Portal)Lekki 1 Duplex listing
Luxury 4 Bedroom Terrace Apartment, Lekki Phase 1₦280,000,000 Asking Price
Scout.ng EstimateSettle Price: ₦238M | Yield: 5.4%
Verify Deal →
Off-Market WhatsApp ParserFor elite real estate agents

Forward raw broker texts, receive PDFs

Nigerian off-market portfolios trade exclusively inside agent WhatsApp networks. Forward messy messages to our pipeline and receive clean valuation cards instantly.

“Forwarded from broker chat: 3 bed flat in Ikate, serviced estate, selling for 230m, potential rent of 13m. Very hot deal guys!”
Scout Parser Bot
Calculated Valuation Card:
• Area: Ikate (Lagos)
• Settle Rate Price: ₦195.5M (-15%)
• Implied Return: 6.7% Yield
Generated PDF valuation sheets sent!
Market Analysis Brief

How Agent Fees and Bait Tactics Distort Nigeria's Online Real Estate Marketplaces

The biggest challenge facing remote buyers is that online real estate catalogs contain “bait listings” — high-end apartments posted by agent networks at unrealistic prices to capture phone contacts. Once you attempt to initiate transactions, the original pricing dissolves under sudden “caution deposits”, legal commissions, and developer fees. Scout.ng strips away these market distortions, giving you clean, real-world data indices before you bid.