Prices of Houses at Amen Estate, Ibeju Lekki Lagos (2024 Review)

As one of Lagos’ most prestigious residential developments, Amen Estate offers luxury living paired with prime convenience.

This article provides a complete overview of Amen Estate houses, prices, payment plans, and ideal locations to buy into this elite enclave.

Introducing Amen Estate

Developed by Propertymart, Amen Estate is a high-end gated community located in the rapidly developing Ibeju Lekki area of Lagos. The estate is defined by:

• Beautiful landscape with waterways
• Expedition-style contemporary architecture
• 24/7 security and controlled access
• Private clubhouse, pool, gym, tennis courts
• Backup power, street lighting, paved roads
• Drainage infrastructure and green spaces
• Uninterrupted electricity supplied with biogas

Amen Estate is divided into two phases:

Phase 1

Fully sold out and developed with residents living in completed homes.

Phase 2

Currently selling off-plan with ongoing construction. Offers most modern house options.

For discerning homebuyers, Amen Estate offers a luxury refuge from bustling Lagos living.

Amen Estate and its Proximity

• Amen Estate is a luxurious residential estate located in Ibeju Lekki, Lagos, Nigeria. It is situated off Eleko Beach Road and is just a few minutes away from popular Eleko Beach. The estate is known for its serene environment, top-notch security, and modern facilities.
• Amen Estate Location
  • It is located in Ibeju Lekki, one of the fastest-growing areas in Lagos.
  • The estate is situated along Eleko Beach Road, a major road connecting Ibeju Lekki to other parts of Lagos.
  • It is just a few minutes away from Awoyaya Bus Stop, Bogije, and Iga.
• Amen Estate and Eleko Beach
  • Amen Estate is just a stone’s throw away from popular Eleko Beach.
  • Eleko Beach is known for its beautiful scenery, clean water, and fun activities.
  • Residents can easily access the beach to enjoy its amenities.
• Other Nearby Attractions
  • Apart from Eleko Beach, residents can visit Lekki Conservation Centre, Dangote Fertilizer, Dangote Refinery, Lekki Deep Sea Port, Lekki Free Trade Zone, and, the Lagos Free Zone.
• Overall
  • Amen Estate is strategically located in a fast-growing area of Lagos.
  • This makes it ideal for those wanting modern facilities and a serene environment.
  • Its proximity to Eleko Beach and other attractions makes it excellent for enjoying both.

Types of Houses Available in Amen Estate

Amen Estate provides diverse residential options:

Detached Duplexes

Standalone duplexes with private compounds. Most expensive option.

Semi-Detached Duplexes

Duplexes sharing one joined wall. More affordable than detached.

Detached Bungalows

Standalone bungalows with private yard area. Offer ample space.

Semi-Detached Bungalows

Adjoined on one side to neighboring bungalow.

Terraced Duplexes

Duplexes linked on both sides to adjacent homes in a row.

Terraced Bungalows

Bungalows connected on both sides to neighboring homes. Most affordable option.

Blocks of Flats

Multilevel apartment buildings with multiple units. Offer communal facilities.

Amen Estate caters to owners wanting privacy, families preferring affordability, and investors seeking lettable units.

House Prices in Amen Estate

As a luxury development, Amen Estate commands premium valuations. Current pricing averages around:

• ₦60 million overall
• ₦20 – ₦250 million range

The lowest prices start from ₦20 million for smaller terraced bungalows and flats. Top-tier detached duplexes and mansions reach up to ₦250 million.

Phase 1 Prices

Resale homes in the fully developed Phase 1 demand higher premiums between ₦80 million to ₦300 million.

Phase 2 Prices

Off-plan purchases in Phase 2 offer lower entry pricing from ₦20 million to ₦120 million.

For the luxury caliber of homes and facilities, Amen Estate remains competitively priced within its niche Lagos market.

Breakdown of House Prices by Type in Amen Estate Phase 2

Prices scale based on house type and size:

Resale homes in Phase 1 also sell for up to ₦300 million.

Payment Structures Available in Amen Estate

Amen Estate offers payment flexibility:

6 Months Payment Plan

Spread payments over 6 months with 5% interest charge. Requires 20% initial deposit.

12 Months Payment Plan

Pay over 12 months with 10% interest charge. 30% initial deposit required.

Longer plans attract higher interest but lower entry payments. Eligibility is subject to approval.

Land Purchases

Land plots of varying sizes are available on flexible payment plans too.

Mortgages

Most Nigerian banks offer mortgages for Amen Estate homes, aiding affordability.

Prime Locations to Buy Property Within Amen Estate

When selecting a home in Amen Estate, optimal locations include:

Waterfront Parcels

For scenic waterfront views and access, seek houses along the estate’s internal waterways.

Mains Parcel

This exclusive enclave has added facilities like tennis courts, pool and private park.

Entry Parcel

Houses near the estate gates enjoy quick accessibility to Eleko Beach Road.

Clubhouse Proximity

Homes nearest the clubhouse maximize enjoyment of shared amenities.

Newer Phase 2

Opt for the latest off-plan options being built in Phase 2.

Amenities Access

Areas closest to the clubhouse, parkland and waterways.

For future returns, target parcels with the most attractive characteristics and growth potential.

Developer Profile and Past Projects

Amen Estate was developed by Propertymart Real Estate Investment Company, established in 2004. The firm has specialized in building premium housing enclaves across Lekki including:

Riverdale Estate

Luxurious waterfront community along Lekki-Epe Expressway.

Castle Estate

Lavish homes in Lekki Phase 1 with a private beach.

Fairview Estate

Contemporary terraced homes in Chevron Drive.

Rubyscape

Modern flats in Ikate near Lekki Conservation Center.

Camberwall Courts

Luxury flats in Maroko with cinema, pool, and gym.

With its track record, Propertymart is trusted for delivering stylish living in prime locations. Amen Estate represents the company’s hallmark development.

Surrounding Area Appeal and Accessibility

A key incentive to buy in Amen Estate is its strategic location along Eleko Beach Road providing:

Quick Beach Access

Eleko Beach is just minutes away.

Upcoming Infrastructure

Proposed Epe Airport and Lekki Deep Seaport nearby.

Growth Corridor

Positioned within Lekki’s rapidly appreciating real estate corridor.

Road Connectivity

Convenient connections to key Lagos roads and expressways.

Area Attractions

Proximity to Eleko Beach, Lekki Free Trade Zone, Dangote Refinery, and Lekki Conservation Center.

Amen Estate occupies a prime spot to benefit from rising development in the Lekki-Epe axis.

Amen Estate Phase 3

Amen Estate Phase 3 represents the newest released section within the Amen Estate development located along Eleko Beach Road in the high growth Ibeju Lekki area of Lagos. Key facts about Phase 3 include:

• Developed by Redbrick Homes International Ltd/Amen City Ltd
• Third phase after the sold-out Phase 1 and selling Phase 2
• Offers residential plots for buyers to custom build homes
• 300 sqm and 500 sqm plots available
• All inclusive pricing with no hidden charges
• Flexible 6-12 month payment plans
• Nearing fast sell-out with limited plots remaining

Amen Estate Phase 3 provides opportunities for buyers to construct their own signature homes within the estate’s secure, scenic grounds.

Amen Estate Phase 3 Plot Prices

Phase 3 offers attractively priced plots on flexible payment terms:

300 sqm Plot

• ₦16 million – Outright payment
• ₦16.8 million – 6 months payment
• ₦17.6 million – 12 months payment

500 sqm Plot

• ₦26 million – Outright payment
• ₦27.3 million – 6 months payment
• ₦28.6 million – 12 months payment

Buyers can start with an initial deposit of ₦2 million for 300 sqm plots and ₦5 million for 500 sqm plots. All legal fees and development levies are inclusive in the price.

Amen Estate Phase 3 Location

Phase 3 is situated in the Abomiti Zone along Lekki-Epe Expressway in Lagos State. This positions it within the rapidly developing axis between Chevron Drive and Epe. The site benefits from nearby attractions and amenities including:

• Alaro City
• Dangote Refinery
• Pan Atlantic University
• Shoprite Mall
• Greenspring School
• Eleko Beach

The excellent location enables convenient access and future growth potential.

Amen Estate Phase 3 Features and Facilities

Phase 3 offers an extensive range of security, infrastructure and lifestyle features including:

• Perimeter fencing
• Paved internal roads
• Street lighting
• 24 hour manned security
• CCTV surveillance
• Backup power supply
• Drainage and sewerage
• Recreational centre
• Parks and play areas
• Clubhouse
• Gymnasium
• Tennis courts
• Swimming pool

The estate provides a self-contained environment with all essential amenities and utilities for residents.

Developer Profile

With over 15 years industry experience, Redbrick Homes has become a trusted developer in Lagos known for building advance infrastructure estates. Previous Redbrick projects include:

• Fairview Estate – Contemporary terraced homes in Chevron Drive
• Dawn Estate – Luxury flats in Sangotedo, Lekki
• RubyScape – Modern flats in Ikate near Conservation Center
• Camberwall Courts – Upscale flats in Maroko with cinema and pool

The success of preceding Amen Estate phases has positioned Redbrick as a leader in premium planned developments.

Buying Procedure and Requirements

To purchase a plot in Amen Estate Phase 3, buyers should:

• Consult with Redbrick agent to view available plots
• Select preferred plot based on size and location
• Make an initial deposit payment (₦2-5 million)
• Complete purchase contract and transfer plot to name
• Settle remaining balance per agreed payment schedule

Required documents include:

• Signed offer letter and contract
• Proof of ID (national ID card, passport, driver’s license)
• Passport photo
• Proof of income

Foreign buyers will need additional documents.

Benefits of Buying in Amen Estate Phase 3

Purchasing a plot in Phase 3 offers multiple advantages:

Prime Location

• Strategic spot within expanding Lekki-Epe corridor
• Proximity to key attractions and infrastructure

Potential Returns

• Capital appreciation from land value growth
• High rental demand for completed homes

Luxury Living

• Build a signature home with custom finishes
• Access to estate facilities and security

Flexible Payment

• Split costs over 6 or 12 months
• Lower deposit requirements

Future Prospects

• Increased development driving demand
• Lagos expansion makes location more central

Lifestyle

• Scenic, family-friendly environment
• Outdoor leisure facilities

Conclusion

With its unique proposition blending luxury, security, facilities, and accessibility, Amen Estate retains immense appeal among Lagos’ elite homebuyers. The variety of residential offerings caters to diverse needs and budgets.

While entering Amen Estate demands high capital, significant returns are attainable from rising home valuations and rental demand in an exclusive enclave. Ibeju Lekki’s accelerating development also promises a future upside.

For those seeking both a prestigious address and promising investment, Amen Estate warrants consideration.