Arizon Estate and Ibeju Lekki, are both located in Lagos, Nigeria, it has a high selling property rate and investments in the real estate market due to their growth and good locations. Arizon Estate is a residential estate with modern facilities beside the Pan Atlantic University. Arizon Estate, located in the Idera Scheme area of Eleko, Ibeju Lekki, is one of the noteworthy residential projects in this region. The estate offers various plot sizes that cater to different budgets and preferences. Available plot sizes range from 300 to 1,000 square meters. The estate is strategically positioned beside Pan Atlantic University, which adds value due to the university’s growing reputation and presence.

For investors and home buyers, these are the available plot sizes and pricing, notable celebrity investments, and other interesting developments in the region.

1. Available Plot Sizes and Pricing for Arizon Estate and Ibeju-Lekki

 

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Arizon Estate offers different plot sizes to cater to various buyer needs:

• 300 sqm Plot: Suitable for building a moderate-sized residential home, priced between NGN 10,000,000 and NGN 12,000,000.
• 500 sqm Plot: Ideal for larger residential homes, with a price range of NGN 15,000,000 to NGN 18,000,000.
• 1000 sqm Plot: Primarily for commercial use or multiple residential units, costing approximately NGN 30,000,000.

Ibeju-lekki’s General Real Estate Market and Pricing

Apart from Arizon Estate, other estates in Ibeju-Lekki offer similar plot sizes at varying prices. The prices of land in the Ibeju-Lekki area depend on factors such as proximity to major roads and infrastructure projects. On average:

• 300 sqm plots in other estates are priced around NGN 8,000,000 to NGN 10,000,000.
• 500 sqm plots can go from NGN 13,000,000 to NGN 16,000,000.
• 1000 sqm plots are priced between NGN 25,000,000 to NGN 35,000,000.

Key Features and Benefits

• Good Title (C of O): The estate has a Certificate of Occupancy, which means you’re free from any legal disputes.
• Security: The estate plans include a robust security system, ensuring a safe living and investment environment.
• Proximity to Major Developments: It’s close to the proposed International Airport, Alaro City, and other major projects in Ibeju Lekki.

How to Secure Your Plot in Arizon Estate

 

Investing in Arizon Estate is a straightforward process, but it’s essential to follow the right steps to ensure a smooth transaction. Here’s a guide on how to secure your plot:

1. Contact the Estate Management

The first step is to contact the estate management or an accredited real estate agent. They will guide you through available plots, pricing, and payment options.

2. Site Inspection

Before making any payment, it’s essential to inspect the property. You’ll be given a tour of the estate and shown the available plots. This ensures transparency and helps you choose the best location within the estate.

3. Payment Options

Arizon Estate offers flexible payment plans. You can either pay outright or spread your payments over several months, depending on your financial capability. Ensure that you receive a receipt for every payment made.

4. Documentation

Once payment is complete, you will be given the necessary documentation, including the Certificate of Occupancy (C of O). This legal document is proof of ownership and guarantees that the property is yours.

5. Develop Your Property

After securing your plot, you are free to start developing it according to the estate’s guidelines. Ensure that all building plans are approved by the estate management to maintain uniformity and standards within the estate.

Why Choose Arizon Estate and Ibeju-Lekki?

Strategic Location

 Arizon Estate is situated in Eleko, Ibeju-Lekki, which is close to several major projects and landmarks like the Lekki Free Trade Zone, the proposed Lekki International Airport, and the Dangote Refinery. This strategic location makes it an attractive option for investors looking to benefit from the expected boom in economic activities. The proximity to Pan Atlantic University also makes it an ideal residential area for students, staff, and professionals who prefer to live close to their workplace or study environment.

Modern Facilities and Infrastructure

 Arizon Estate offers a well-planned layout with amenities such as good road networks, a central drainage system, a constant water supply, and electricity. The estate is designed to provide residents with a serene and secure living environment, making it a top choice for those seeking quality and convenience.

Affordability

Compared to other estates within the Ibeju-Lekki axis, Arizon Estate provides an affordable option for investors and homeowners. With flexible payment plans and various plot sizes available, buyers can select options that fit their budgets while still getting value for their investment.

High Return on Investment (ROI)

Property values in Ibeju-Lekki have been on the rise due to the influx of major infrastructure projects and corporate establishments. Investing in Arizon Estate is a strategic move for those looking to enjoy high ROI in a few years as the area continues to develop.

Secured Title

One of the critical considerations in real estate investment is the title of the property. Arizon Estate has a verifiable title, ensuring that investors do not face issues like land disputes or government acquisition.

Investment Opportunities for Commercial Use

While Arizon Estate is primarily marketed as a residential estate, its strategic location also makes it suitable for commercial investments. The area’s proximity to the Lekki Free Trade Zone, the deep sea port, and the Dangote Refinery means that there will be a high demand for commercial properties such as offices, warehouses, and retail spaces.

Investors can take advantage of this by purchasing larger plots for commercial development. The rising population and influx of businesses into the area ensure a steady demand for commercial properties, making it a lucrative investment opportunity.

Celebrity Investments in Arizon Estate: Sabinus & Hilda Baci

 

Recently, notable personalities such as comedian Sabinus and chef Hilda Baci have made investments in Arizon Estate. Their involvement highlights the estate’s potential and appeal to high-profile individuals. This move has also boosted the estate’s visibility and credibility, making it even more attractive to other investors and home buyers.

• Sabinus (Mr. Funny): Known for his skits and comic prowess, Sabinus recently acquired a property in Arizon Estate, citing the estate’s strategic location and promising ROI as his main motivations. His purchase has encouraged more people to consider the estate as a viable investment option.
• Hilda Baci: As a renowned chef and entrepreneur, Hilda Baci has also shown confidence in Arizon Estate. Her investment is a testament to the estate’s appeal among business-savvy individuals looking to capitalize on the emerging opportunities in Ibeju-Lekki.

 Arizon Estate’s Proximity to Major Developments

 

Ibeju Lekki is not only about real estate it’s about growth, infrastructure, and global projects that put the area on the world map. Arizon Estate’s location makes it an attractive proposition for buyers who want proximity to significant economic projects. Here are some nearby developments that enhance the value of properties in the estate:

1. Lekki Free Trade Zone

The Lekki Free Trade Zone is one of the most important developments in Lagos. It attracts multinational companies, manufacturing firms, and large-scale investments. Owning property near the Free Trade Zone ensures you’re close to major economic activities.

2. Dangote Refinery

Set to be one of the largest oil refineries in the world, the Dangote Refinery has already started shaping the property market in Ibeju Lekki. Proximity to this refinery means higher demand for housing from workers, investors, and companies involved in the oil and gas industry.

3. Lekki Deep Seaport

This deep seaport is designed to become the largest in West Africa. With a focus on international trade and shipping, the project will increase the need for both commercial and residential properties nearby.

4. New Lekki International Airport

The new airport, which is still in the planning stages, will make Ibeju Lekki more accessible to international travelers. This development will further increase the value of real estate in the area, making it a hotspot for investors.

These developments make Arizon Estate an excellent location for those looking to invest in properties with a high potential for capital appreciation and rental income.

5. Variety of Plot Sizes to Suit Different Needs

Arizon Estate offers a variety of plot sizes, catering to different types of buyers. Whether you’re looking to build a modest family home, a spacious mansion, or even a commercial property, Arizon Estate has options to suit your needs.

Other Interesting Developments in Ibeju-Lekki

 

Ibeju Lekki is a developing area in Lagos, lekki is a popular destination for real estate investments due to ongoing and planned projects like the Lekki Free Trade Zone, Dangote Refinery, Lekki Deep Sea Port, and several others.

Ongoing Infrastructure Projects

The ongoing development of the Lekki Free Trade Zone, Lekki Deep Sea Port, and Dangote Refinery is set to transform the Ibeju-Lekki area into a major industrial and commercial hub. These projects will attract businesses, create more jobs, and boost the demand for housing in the area.

Proposed International Airport

The proposed Lekki International Airport will serve as a major transportation hub, making Ibeju-Lekki easily accessible for both local and international travelers. This development will further increase the value of properties in the area.

Tourism Potential

With several beach resorts and recreational facilities within the vicinity, Ibeju-Lekki is also emerging as a tourist destination. This trend is likely to boost short-term rental demand and provide additional income opportunities for property owners in the area.

Increasing Corporate Presence

Several companies and multinational corporations are establishing offices in Ibeju-Lekki, thanks to its strategic location and the incentives 

provided by the Lagos State Government. This influx of businesses is expected to drive up the demand for residential and commercial properties.

Growing Development and Infrastructure

Ibeju Lekki is undergoing extensive infrastructural development, which makes it an attractive spot for both residential and commercial investments. With proximity to projects like the Lekki International Airport and Pan Atlantic University, the region is set to become a business hub, leading to high property appreciation rates in the future.

Affordability and Return on Investment

Compared to other parts of Lagos like Lekki Phase 1 or Victoria Island, properties in Ibeju Lekki are still affordable. This gives investors an opportunity to own land at lower costs and enjoy a high return on investment as development continues.

FAQs

What plot sizes are available in Arizon Estate, and what are the prices?

Arizon Estate offers various plot sizes to suit different budgets and preferences. Available sizes include 300 square meters, 500 square meters, and 1,000 square meters. Prices start from N21,000,000 for a 300 square meter plot and N35,000,000 for a 500 square meter plot].

What are the benefits of buying property in Arizon Estate?

Arizon Estate provides a secure and well-planned environment for residents. It is located near the major infrastructural projects in Ibeju-Lekki, ensuring a high appreciation of property value. Additionally, it offers proximity to Pan Atlantic University, making it a good option for student housing and rental income.

How can I invest in Arizon Estate or other properties in Ibeju-Lekki?

To invest in Arizon Estate, contact reputable real estate agents in the area or visit the estate’s official website for available plots, payment plans, and investment options. Conducting due diligence and understanding the legal requirements is essential before making any purchase.

Conclusion

Arizon Estate, Ibeju-Lekki, presents a unique opportunity for investors and home buyers. Its strategic location, modern amenities, and celebrity endorsements make it a standout option in the fast-developing Ibeju-Lekki axis. These are the best places to call home or a profitable investment location, Arizon Estate offers the perfect balance of affordability, quality, and potential for high returns.

Investing in Ibeju-Lekki now means securing a prime position in a rapidly growing area. As developments continue and infrastructure projects near completion, property values are expected to rise significantly. This guide serves as a comprehensive overview for anyone interested in the opportunities that Arizon Estate and Ibeju-Lekki have to offer.