Lagos is one of the most expensive cities to live in Nigeria. In recent years, property and cost of living have risen enormously. The developments of high-priced estates have also been on the increase in some parts of the city. Residents in Lagos state have an option of either living in Lagos Island or the mainland. While most people will prefer Lagos Island due to its high-life status, beauty, and economic opportunities, there are still some classy areas on the Lagos mainland which can measure up to the high standard of living on the Island.
Here are the top ten most expensive places to live in Lagos!
1. Eko Atlantic
Eko Atlantic is the newest Megacity in Lagos situated on a piece of land on the Atlantic Ocean overlooking the former beach front of the Bar Beach. Adjacent to Victoria Island, the city boasts of high-end luxury apartments with a state-of-the-art high-tech infrastructure that is par with that of developed countries. When completed, the project has hopes of being one of the leading sources of foreign direct investments in Nigeria. It is expected that this prestigious location will feature a state-of-the-art 24/7 infrastructure network, most especially uninterrupted power supply. A per square meter of land costs about $4, 000 and a completed building goes for as high as $710,000 (approx. ₦234,074,853), the new Eko Atlantic city is defiantly one of the most expensive locations to live in Lagos.