Top 3 Serviced Apartments Ikoyi
![]()
![]()
Top 3 Serviced Apartments for Sale in Ikoyi
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
Prime Location in Ikoyi
Temple Court is one of Ikoyi’s most prestigious serviced apartment complexes, strategically positioned along Bourdillon Road, one of Lagos’ most sought-after addresses. Known for its exclusivity, security, and proximity to both business districts and leisure hubs, Bourdillon Road is home to some of Nigeria’s most notable residences, making Temple Court an ideal choice for high net-worth individuals and families.
Modern High-Rise Development
This high rise luxury development is a standout in Ikoyi’s skyline. It combines contemporary architecture with premium design, ensuring that residents enjoy not only a sophisticated lifestyle but also the peace of mind that comes with living in a professionally managed serviced apartment.
Spacious Apartment Options
Temple Court offers 3bedroom and 4bedroom luxury apartments, designed to accommodate both families and professionals seeking comfort and convenience. Each apartment is generously sized, with layouts that maximize natural light and ventilation while providing stunning city and lagoon views.
World Class Interiors & Finishes
Attention to detail defines every unit within Temple Court. Apartments are finished with premium flooring, imported fittings, and modern kitchens equipped with top tier appliances. Elegant bathrooms, ample storage spaces, and smart design touches make these residences stand out in Ikoyi’s luxury market.
Breathtaking Lagoon Views
One of the major highlights of Temple Court is its panoramic views of the Lagos Lagoon. Floor to ceiling windows and private balconies create seamless indoor-outdoor living experiences, allowing residents to enjoy breathtaking sunsets and serene water views right from their living rooms.
Exclusive Lifestyle Amenities
Temple Court isn’t just about apartments, it’s about the lifestyle. Residents benefit from a wide range of luxury amenities, including:
24-hour security and concierge services
Fully equipped fitness center
Swimming pool and leisure deck
Dedicated parking spaces
Backup power and uninterrupted water supply
Professional facility management
Ideal for Investors and Residents
Whether you are looking for a permanent home, a second residence, or a high yield investment property, Temple Court offers strong value in Ikoyi’s competitive luxury real estate market. Its prime location, serviced setup, and premium amenities make it an attractive option for both buyers and renters.
Features:
Fully serviced 3bedroom apartment with ensuite bathrooms
Smart home features, including automated lighting and security
State of the art gym, spa, pool, and 24-hour concierge
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 OakPlace, Glover Road, Ikoyi
The OakPlace is located on the prestigious Glover Road in Ikoyi, Lagos, one of the most desirable residential areas in the city. Known for its blend of tranquility and exclusivity, Glover Road provides residents with easy access to Ikoyi’s top schools, business hubs, fine dining spots, and leisure facilities, while still maintaining a peaceful residential atmosphere.
Lown Density, Private Living
Unlike many high rise developments in Ikoyi, The OakPlace is a low density apartment complex, meaning fewer units and more privacy for residents. This thoughtful design ensures a quieter environment, less congestion, and a stronger sense of exclusivity, perfect for families, professionals, and individuals who value peace and space.
Modern Architecture & Functional Layouts
The OakPlace combines contemporary architecture with practical design. Apartments feature open-plan living spaces, high ceilings, and large windows that allow natural light to flow through. Every detail has been carefully considered, from the quality flooring and elegant finishes to modern kitchens fitted with premium appliances. Functional layouts make each home comfortable and adaptable to different lifestyles.
Community Focused Amenities
Beyond the apartments, The OakPlace offers amenities designed to encourage community living and relaxation. Residents enjoy access to:
A well equipped fitness center
Secure parking spaces
Landscaped green areas
24-hour power supply and water treatment system
Professional facility management
Round the clock security and concierge services
These features create a balanced lifestyle where comfort, wellness, and safety come first.
Understated Luxury
What makes The OakPlace stand out is its emphasis on understated luxury. Instead of flashy designs, it focuses on timeless elegance, quality materials, and a serene living environment. It’s ideal for discerning residents who want a modern home in Ikoyi without the bustle of high-density developments.
Investment and Residential Appeal
Whether you’re searching for a primary residence, a second home, or an investment property in Ikoyi, The OakPlace offers excellent value. Its prime location on Glover Road, combined with its private and low-density setup, ensures both high rental demand and long term appreciation potential.
Features:
3-bedroom units with a study and BQ
- Complete smart home system and accessories
- Fully Solar Powered Estate with Automation system
High ceilings, double kitchen space, and imported fittings
24/7 full control security structure
Water treatment
Quiet compound with landscaped greenery and underground parking
Price: $800M
Occupancy Rate: Over 90% occupied (high demand zone)
The Residence is particularly appealing to top Elites 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.
Avalon Heights, Gerrard Road, Ikoyi
Avalon Heights sits on the prestigious Gerrard Road in Ikoyi, one of Lagos’ most exclusive and sought-after addresses. This location offers residents seamless connectivity to the Falomo Bridge, making it just minutes away from Victoria Island, the Lagos Business District, and major commercial hubs. It is the perfect blend of convenience and prestige, allowing residents to enjoy the tranquility of Ikoyi while staying close to the city’s energy.
Vertical Luxury Redefined
Unlike traditional low-rise residences, Avalon Heights embraces vertical luxury living. The tower rises elegantly over Ikoyi’s skyline, offering panoramic views of the Lagos Lagoon, Marina, and Victoria Island. This high-rise development combines world-class design with premium services, setting a new benchmark for luxury apartments in Lagos.
Spacious, Modern Apartments
Every apartment at Avalon Heights is crafted to offer space, natural light, and functional design. With open plan living areas, floor-to-ceiling windows, and high quality finishes, each home is designed for comfort and elegance. Residents enjoy:
Expansive living and dining areas
Modern fitted kitchens with top appliances
En-suite bedrooms with ample wardrobe space
Private balconies overlooking Lagos’ skyline
These features make Avalon Heights ideal for families, professionals, and investors seeking a luxury residence in Ikoyi.
Premium Services and Amenities
Avalon Heights doesn’t just offer apartments, it delivers a five-star living experience. Residents enjoy exclusive access to:
Rooftop pool with skyline views
24-hour concierge and facility management
Dedicated parking spaces
High speed elevators
Reliable power supply and water treatment system
Round the clock security with CCTV surveillance
Every detail is designed to ensure comfort, convenience, and peace of mind.
Lifestyle & Community
Living at Avalon Heights means joining a community of like minded individuals who value luxury, exclusivity, and convenience. Whether you’re relaxing by the pool, working out in the gym, or hosting guests in spacious living areas, Avalon Heights provides the perfect balance of privacy and community living.
Investment Value
With its strategic location, luxury design, and premium amenities, Avalon Heights is not just a home, it is also a strong real estate investment in Ikoyi. High rental demand and long term property value appreciation make it an excellent choice for both homeowners and investors.
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, making them a unique asset class in Lagos real estate.
Hands Free Ownership: Stress Free Property Management
One of the most attractive features of serviced apartments is the hands free management model. Unlike traditional homes where you, as a landlord, are responsible for everything. From plumbing issues to power outages, serviced apartments take away the stress of day to day property management.
Most serviced apartments in Ikoyi come with full facility management services, which typically include:
24/7 security and surveillance
Cleaning and waste disposal services
Power backup systems (inverter + generator)
Regular repairs and maintenance
Concierge and front desk services
This means property owners don’t have to worry about sourcing technicians, supervising staff, or handling tenant complaints. Everything is managed by a professional facility management team. For busy professionals, expatriates, or diaspora investors who cannot be physically present in Nigeria, this creates a truly passive income opportunity.
Steady Rental Income and High Occupancy
Ikoyi is one of Lagos’s most sought after neighborhoods, and demand for quality accommodation here remains consistently high. Serviced apartments are particularly popular among expatriates, foreign consultants, embassy staff, and high ranking executives who prefer premium homes that come fully managed.
Because of this strong demand, investors enjoy steady rental income throughout the year. Serviced apartments can be rented on both short-let and long-term bases:
Shortlet rentals (via platforms like Airbnb or direct bookings) bring in higher daily rates and are popular with business travelers and tourists.
Long term rentals (corporate leases or private tenants) ensure stable cash flow and fewer tenant turnovers.
Depending on location, apartment size, and amenities, investors can earn between ₦15M–₦25M annually. The ability to switch between short- and long-term rentals also gives owners flexibility to maximize profits in changing market conditions.
Capital Appreciation: Growing Asset Value
Beyond rental income, Ikoyi offers strong prospects for capital appreciation. As one of Lagos’s most prestigious neighborhoods, it enjoys limited land availability, government infrastructure upgrades, and increasing demand from the elite.
Prime streets like Bourdillon, Gerrard Road, and Cooper Road are already home to high rise luxury apartments that have seen annual appreciation rates of 10–20%. This means investors not only earn income from tenants but also watch their property value climb steadily year after year.
In a country with high inflation, this makes serviced apartments in Ikoyi a solid hedge against currency depreciationand a reliable way to preserve wealth.
Secure Documentation and Tax Benefits
One of the biggest concerns for property investors in Nigeria is the security of land titles and documentation. The good news is that most serviced apartments in Ikoyi are developed by reputable companies and come with verified titles such as:
These documents protect owners from fraudulent claims and land disputes. In addition, investors may benefit from certain property tax incentives when holding long-term leases or reinvesting their profits in real estate. This legal clarity makes serviced apartments in Ikoyi a low-risk investment option compared to undeveloped plots or unverified homes.
Low Vacancy Rates and Constant Demand
Another major advantage of Ikoyi is its extremely low vacancy rates. Unlike other parts of Lagos, where property turnover can be inconsistent, Ikoyi’s charm never fades. The neighborhood is known for its:
Tree-lined streets and serene environment
Proximity to business hubs like Victoria Island and Lekki
Access to top schools, hospitals, and embassies
Exclusive lifestyle and security
Because of these unique qualities, demand for serviced apartments in Ikoyi remains high even during economic downturns. This consistency ensures investors enjoy minimal downtime between tenants and steady cash flow.
In a city where real estate is both a status symbol and a wealth building tool, serviced apartments in Ikoyi stand out as one of the smartest investment choices for 2025 and beyond.
Final Thoughts
More Than Just Luxury, Ikoyi’s Serviced Apartments as Strategic Assets
Ikoyi’s serviced apartments are transforming the definition of luxury living in Lagos. Beyond offering high-end interiors, modern facilities, and prestigious addresses, these residences double as income generating assets with long-term financial value. For investors, expatriates, and professionals, serviced apartments in Ikoyi represent a balance between comfort, convenience, and wealth-building opportunities.
Below, we break down why properties like Temple Court, The OakPlace, and Avalon Heights are more than just luxury homes, they are strategic investments.
1. Stable Rental Yields
One of the biggest attractions of investing in serviced apartments in Ikoyi is the strong rental demand. With Lagos being a hub for corporate executives, diplomats, expatriates, and business travelers, Ikoyi’s serviced apartments enjoy consistent occupancy rates throughout the year.
Long term tenants: Professionals and diplomatic staff looking for secure, high-quality housing.
Shortlet guests: Business travelers and tourists seeking premium accommodation without hotel limitations.
This consistent demand translates into stable rental yields, making Ikoyi one of the most profitable rental markets in Nigeria.
2. Hands Off Management
Investors don’t have to worry about day to day operations. Most serviced apartments in Ikoyi come with professional property management services that handle everything from:
Security and 24/7 surveillance
Cleaning and maintenance of common areas
Concierge services for residents
Utility and facility management
This hands off model makes it easier for both local and international investors to generate income without the stress of direct property management.
3. Strong Capital Appreciation
Ikoyi is one of the most exclusive neighborhoods in Lagos, and real estate values here continue to rise steadily. Properties in developments such as Temple Court on Bourdillon Road or Avalon Heights on Gerrard Road appreciate faster than most other areas in Lagos due to:
Limited land supply in Ikoyi
Increasing demand for luxury housing
Ongoing urban development and infrastructure improvements
For investors, this means that in addition to strong rental income, you also benefit from capital growth, ensuring your asset gains long-term value.
4. Secure Titles & Transparent Transactions
Buying property in Lagos can be challenging, but reputable Ikoyi developments offer secure titles and transparent transactions. Many of these projects come with:
Certificate of Occupancy (C of O) documentation
Clear developer track records
Legal backing and structured purchase agreements
This ensures buyers and investors enjoy peace of mind, knowing their investment is legally protected and future-proof.
Why Now Is the Right Time to Invest
Rising Demand from High-Value Tenants
The Lagos real estate market, especially in Ikoyi, is experiencing sustained demand for serviced apartments. International firms continue to house their executives in premium residences, returning diaspora professionals are seeking modern homes that match global standards, and upwardly mobile Nigerians are prioritizing comfort, security, and prestige. This consistent demand ensures high occupancy rates and reliable rental income for investors.
Limited Supply and Scarcity of Land
Ikoyi is one of the most exclusive neighborhoods in Lagos, with land availability becoming increasingly limited. As plots become scarce, new developments are harder to initiate, driving property values steadily upward. Serviced apartments in this location, therefore, not only retain their value but often appreciate faster than in other parts of Lagos.
Escalating Construction Costs
Building luxury real estate in Lagos is becoming more expensive due to rising material and labor costs. This means that today’s purchase prices may be the lowest you’ll see for top quality developments in Ikoyi. Buying now allows investors to lock in value before costs drive future property prices even higher.
Minimal Management Stress
Unlike traditional apartments, serviced apartments in Ikoyi come with professional facilities management. From maintenance and security to concierge and utility services, investors enjoy hands off ownership while tenants experience seamless living. This makes serviced apartments a great option for busy professionals and overseas investors who want peace of mind.
Strong ROI and Long Term Prestige
Investing in Ikoyi serviced apartments provides a dual advantage, steady rental yields in the short term and capital appreciation in the long term. Beyond the numbers, owning property in Ikoyi carries a level of prestige and exclusivity that few other addresses in Nigeria can match.
Take Advantage of the Timing
With demand rising, land supply tightening, and construction costs climbing, the best time to invest in Ikoyi’s serviced apartment market is now. Whether you’re seeking steady cash flow, asset appreciation, or a luxury home for personal use, these properties tick all the boxes.
Next Step: Explore available listings, compare features, and make a decision that positions you for longterm rewards in Lagos’s most desirable neighborhood.
weekly update
LIVE THE LUXURY LIFE IN IKOYI – 3, 4 & 5 BEDROOM HOMES NOW SELLING
Looking to own a luxurious home in Ikoyi or Eko Atlantic?
BeYourLandlord offers premium 3-bedroom apartments, 4-bedroom penthouses, and **5-bedroom duplexes* with stunning architecture, smart home features, and top-tier finishes.
Current Listings:
Ready to own a luxury serviced apartment in Ikoyi?
Click here to explore exclusive listings and schedule a viewing or speak with a property advisor today.
3BR Banana Island
August 30, 2025 at 11:57 AM[…] Investments: Partners can buy a property together and generate rental income from tenants. Banana Island’s rental market, especially for shortlets, is highly profitable, with daily rates often exceeding ₦150,000 for […]