How much does it cost to rent a house in Lekki?
You want to chill with the big boys? 😏
Lekki is an expensive neighbourhood in Lagos, Nigeria. I won’t even lie, things are expensive as fuck. For most of the people here, a big chunk of their income goes into rent.
A friend just rented a house at Prime water View Gardens 1 Estate off Freedom Way Lekki. Just a stone throw from my house. 🤐
Here is a breakdown
DESCRIPTION: Serviced Three (3) Bedroom Flat.
LOCATION: Prime water View Gardens 1 Estate, Street Markets off Freedom Way Lekki.
RENT: N3,000,000
SERVICE CHARGE: N500,000 (Five Hundred Thousand Naira Only) per annum, payable to the Estate Management Office.
TENURE: One (1) Year certain.
AGENCY FEE (10%): N300,000.00(Three Hundred Thousand Naira Only).
LEGAL FEE (10%): N300, 000.00 (Three Hundred Thousand Naira Only).
CAUTION DEPOSIT: N300, 000.00 (Three Hundred Thousand Naira Only). Landlords don’t return caution fees in Nigeria.
Total: N 4,400,000
That is what you will need to move into a house in Lekki aside from other expenses like painting, minor renovation etc that you will incur.
Note: This is just a regular house and it's not a luxury apartment or anything close.
