Top 3 Serviced Apartments Ikoyi
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Top 3 Serviced Apartments for Sale in Ikoyi
Introduction
Why Ikoyi?
Ikoyi, Lagos’s elite residential enclave, continues to hold its reputation as the most sought-after address for discerning homeowners and savvy real estate investors. Nestled between the Lagos Lagoon and Victoria Island, this highbrow neighborhood boasts unparalleled security, world-class infrastructure, serene surroundings, and easy access to commercial hubs. As demand for luxury living spaces rises, serviced apartments have gained immense popularity, offering both convenience and a premium lifestyle in one package.
Serviced apartments in Ikoyi are more than just residences, they represent a seamless blend of home comfort and hotel-like services. With the increasing influx of expatriates, business executives, and upper-middle-class families, the demand for these turnkey homes has surged. Moreover, these properties are fully managed, making them ideal for buyers seeking stress-free ownership or profitable rental income.
In this guide, we explore three of the best serviced apartments currently for sale in Ikoyi. Each listing has been carefully selected based on location, facilities, architectural appeal, and investment potential.
Top Apartments
1. Temple Court, Bourdillon Road, Ikoyi
Temple Court is one of Ikoyi’s finest serviced apartment complexes, strategically located along prestigious Bourdillon Road. This high-rise development features 3 and 4-bedroom luxury apartments with panoramic lagoon views and top-tier finishes.
Features:
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Fully serviced 3-bedroom apartment with ensuite bathrooms
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Smart home features, including automated lighting and security
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State-of-the-art gym, spa, pool, and 24-hour concierge
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Dedicated parking, elevator access, and private balconies
Price Range: ₦450M – ₦550M
Rental Yield Potential: Up to ₦15M per annum (short-let)
Temple Court is ideal for investors seeking high rental returns or individuals looking for a luxurious, centrally located home. Its proximity to Ikoyi Club, top embassies, and business districts makes it a prime choice.
2. The Residence, Cooper Road, Ikoyi
Located in a serene pocket of Cooper Road, The Residence is a low-density apartment complex that emphasizes privacy and understated luxury. It offers a unique blend of modern design, functional layouts, and community-focused amenities.
Features:
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3-bedroom units with a study and BQ
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High ceilings, open-plan kitchens, and imported fittings
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Facility management, power backup, security, and water treatment
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Quiet compound with landscaped greenery and underground parking
Price: ₦370M – ₦420M
Occupancy Rate: Over 90% occupied (high demand zone)
The Residence is particularly appealing to professionals and families looking for long-term stays in Ikoyi. Its stable rental value and strong market demand make it a lucrative addition to any property portfolio.
3. Avalon Heights, Gerrard Road, Ikoyi
Avalon Heights redefines vertical luxury living with its spacious apartments, stunning skyline views, and premium services. Located on Gerrard Road, it stands minutes from Falomo Bridge and the Lagos Business District.
Features:
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4-bedroom ensuite apartments with servant quarters
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Floor-to-ceiling windows, Italian marble floors, and imported kitchens
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Rooftop lounge, infinity pool, gym, and meeting rooms
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24/7 facility management, elevators, and underground parking
Price Tag: ₦600M – ₦700M
Buyer Profile: Ideal for high-net-worth individuals and corporate lease agreements
Avalon Heights is for those who seek exclusivity and urban luxury. It appeals to multinational firms and diplomatic buyers due to its security, amenities, and high-profile tenant base.
Explore our affordable 1-bedroom shortlets in Ikoyi, perfect for business travelers and couples.
Why Invest in Serviced Apartments in Ikoyi?
The serviced apartment market in Ikoyi is experiencing a remarkable upswing, and it’s not hard to see why. With demand consistently outpacing supply, these apartments have become a smart choice for both seasoned investors and high-end homebuyers. They offer the ideal trifecta of comfort, convenience, and consistent returns.
One of the most attractive features of serviced apartments is the hands-free management model. Unlike traditional homes where you’re responsible for everything—from plumbing to power outages—serviced apartments come with full facility management. This includes 24/7 security, cleaning, waste disposal, repairs, power backup, and even concierge services. Property owners don’t have to worry about sourcing technicians or managing tenant complaints. Everything is handled by a dedicated facility management team, making it a perfect passive income generator for busy professionals or diaspora investors who can’t be physically present.
The consistent demand for short-let and long-term stays in Ikoyi ensures strong rental yields. With an influx of expatriates, foreign consultants, and high-ranking executives seeking premium accommodation, serviced apartments maintain high occupancy levels year-round. Short-let platforms like Airbnb and direct corporate leases also offer flexible income options. Investors can switch between long- and short-term rentals based on market conditions to maximize profits. In many cases, owners earn ₦15M–₦25M annually, depending on the apartment size and location.
Ikoyi remains one of the fastest-appreciating neighborhoods in Lagos due to its prestige, limited land availability, and ongoing infrastructure upgrades. Property values have seen annual appreciation rates of 10–20%, especially for well-maintained serviced buildings in top streets like Bourdillon, Gerrard, and Cooper Road. This means that not only do you earn rental income, but your asset itself increases significantly in value over time, offering a strong hedge against inflation.
- Tax & Documentation Security
Legal clarity is a major concern for property investors in Nigeria. Thankfully, most serviced apartments in Ikoyi come with verified and secure title documents, such as Governor’s Consent or Certificate of Occupancy (C of O). This ensures peace of mind and legal protection. Moreover, reputable developers handle all documentation transparently, reducing the risks of land disputes or fraudulent titles. You can also benefit from property tax incentives if you hold long-term leases or reinvest your returns.
- Additional Investor Advantage: Low Vacancy Rates
What sets Ikoyi apart is its consistent occupancy. The neighborhood’s appeal—tree-lined avenues, quiet ambiance, access to top schools, embassies, and commercial districts—means people are always looking to rent here. The combination of high security, exclusivity, and proximity to business hubs like Victoria Island and Lekki keeps vacancy rates low, even during economic downturns.
Whether you’re buying for rental income or long-term asset growth, a serviced apartment in Ikoyi offers unbeatable value, stability, and potential for wealth creation.
Final Thoughts
More Than Just Luxury—Ikoyi’s Serviced Apartments as Strategic Assets
Ikoyi’s serviced apartments are redefining what it means to own property in Lagos. These are not just stylish, high-end homes tucked into one of Nigeria’s most prestigious neighborhoods—they’re well-rounded, income-generating financial assets built for both comfort and long-term wealth.
Whether you’re a first-time investor, a seasoned real estate professional, or a homebuyer looking for prestige and peace of mind, the appeal of Ikoyi’s serviced apartment market is hard to ignore. Temple Court, for instance, offers sweeping city and lagoon views paired with intelligent layouts and high-end fittings, attracting both executives and international tenants. The Residence is designed for those who value quiet sophistication, security, and refined living—ideal for diplomatic stays or extended corporate leases. Meanwhile, Avalon Heights captures skyline luxury with modern architecture, wellness amenities, and premium materials, appealing to investors seeking top-tier rental performance and prestige.
What sets these properties apart is not just the finish or the address, but the holistic investment value they offer. You benefit from:
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Stable Rental Yields: From long-term tenants to short-let guests, occupancy is strong year-round.
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Hands-Off Management: All facilities are managed professionally, freeing you from the day-to-day grind.
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Strong Capital Appreciation: Properties in Ikoyi continue to grow in value faster than nearly any other Lagos location.
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Secure Titles & Transparent Transactions: Backed by reputable developers with legal clarity and C of O documentation.
Why Now Is the Right Time to Invest
The demand for well-managed, luxury residential spaces continues to grow in Lagos, especially from international firms, returning diaspora professionals, and upwardly mobile locals. As land becomes scarcer in Ikoyi and construction costs rise, today’s prices may be the lowest you’ll see for properties of this caliber.
If you’re in search of a prime real estate opportunity that offers minimal management stress, strong ROI, and enduring prestige, serviced apartments in Ikoyi represent one of the smartest plays in Nigeria’s luxury property market.
Explore available listings now, compare features, and make a decision that rewards you for years to come.
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