Eti-Osa LGA · 270 active listings · high confidence

Chevron / Lekki

Real estate intelligence — verified weekly from active listings

Median Sale₦180.0M

Median Rent/yr₦7.0M

Gross Yield3.9%

Net Yield-9.1%After Lagos Reality Factor

Market Insight

The most listed property class in Chevron / Lekki is the 4 bedrooms with 82 active listings. Median asking price is ₦200.0M. Median annual rent is ₦10.5M. That implies a gross yield of 5.3% before operating costs.

Historical Price Trend

Price Movement Over Time

Monthly median asking prices from 137 dated listings over 6 months

Listing volume by month

Breakdown by Class

Prices by Bedroom Count

109 sale + 146 rental listings

Studio

Median Sale Price

—

0 listings

Median Rent / Year

₦1.6M

4 listings

No sale data — yield unavailable

1-Bed

Median Sale Price

₦69.0M

7 listings

Median Rent / Year

₦2.6M

36 listings

Gross Yield3.8%

2-Bed

Median Sale Price

₦125.0M

17 listings

Median Rent / Year

₦7.0M

26 listings

Gross Yield5.6%

3-Bed

Median Sale Price

₦140.0M

18 listings

Median Rent / Year

₦7.0M

25 listings

Gross Yield5.0%

4-Bed

Most Listed

Median Sale Price

₦200.0M

40 listings

Median Rent / Year

₦10.5M

42 listings

Gross Yield5.3%

5-Bed

Median Sale Price

₦420.0M

25 listings

Median Rent / Year

₦14.0M

13 listings

Gross Yield3.3%

6-Bed

Median Sale Price

₦260.0M

1 listing

Median Rent / Year

—

0 listings

No rental data — yield unavailable

7-Bed

Median Sale Price

₦270.0M

1 listing

Median Rent / Year

—

0 listings

No rental data — yield unavailable

Aggregate View

Overall Market Summary

Aggregated across all property classes. The bedroom breakdown above is more useful for actual decision-making.

Median Sale (All)

₦180.0M

₦1.3M – ₦650.0M

Median Rent (All)

₦7.0M

₦350K – ₦20.0M

Gross Yield

3.9%

All classes combined

Net Yield

-9.1%

After Lagos Reality Factor

By Property Type

Prices by Property Type

Flats, duplexes, detached houses, and other property types compared.

Type	Median Sale	Median Rent/yr	Gross Yield	Sale	Rent
flat	₦120.0M	₦5.3M	4.4%	23	41
other	₦134.0M	₦4.8M	3.5%	10	32
duplex	₦280.0M	₦8.8M	3.1%	11	14
studio	—	₦2.2M	—	0	6
terrace	₦130.0M	₦9.5M	7.3%	13	18
detached	₦370.0M	₦14.0M	3.8%	33	13
mini flat	₦54.5M	₦3.9M	7.2%	2	10
penthouse	₦150.0M	₦14.0M	9.3%	3	5
self contain	—	₦1.6M	—	0	9
semi detached	₦180.0M	₦11.0M	6.1%	14	13

True Cost of Ownership

Lagos Reality Factor

Chevron / Lekki falls in the mid_range tier. These are the annual costs every landlord pays but no listing ever shows.

Diesel / Generator₦20.7M

Estate Service Charge₦1.6M

Management Fee (10%)₦700K

Maintenance Reserve (5%)₦350K

Total Annual Operating Costs₦23.4M

What this means: On a median rent of ₦7.0M/yr, these costs consume 334% of your gross rental income — reducing yield from 3.9% to -9.1%.

How to read this data: All prices are medians of current asking prices, broken down by bedroom count and property type so you compare like-for-like. Yields are implied from median asking prices and rents. Read our full methodology →