Thursday, February 13, 2025

Top 5 Reasons to Invest in a Home in the Lekki-Ajah Axis of Lagos: Perfect for Holiday Stays and Short-Let Income


Top 5 Reasons to Invest in a Home in the Lekki-Ajah Axis of Lagos: Perfect for Holiday Stays and Short-Let Income

By Teju Popoola, Realor at Loboss Property Investment Ltd


If you live abroad and are considering buying a home in Lagos, the Lekki-Ajah axis should be at the top of your list. This fast-developing area is perfect for those who want a comfortable place to stay when they visit Nigeria and a smart investment for generating short-let rental income while away. 

In this post, I’ll explain why owning a home in Lekki-Ajah is the perfect blend of convenience, luxury, and financial opportunity for those living abroad.

1. Ideal Location for Holiday Stays
The Lekki-Ajah axis offers the perfect escape from the hustle and bustle of Lagos while keeping you close to the action. With easy access to prime areas like International airport on the mainland, proposed Lekki-Epe international airport, Victoria Island and Ikoyi, you can enjoy the beaches, upscale restaurants, and cultural spots while having a peaceful retreat to call home. The area’s serene and secure estates ensure that you can relax and recharge during your visits, making it an ideal location for holiday stays.

Whether you're here for a short vacation or an extended family visit, a home in this area provides comfort and luxury without the stress of hotel bookings or staying with relatives.

2. Lucrative Short-Let Market
When you're not in Nigeria, your home in Lekki-Ajah can serve as a source of income through short-let rentals. The area is a hotspot for expatriates, business travelers, and holidaymakers who prefer the privacy and comfort of a home over hotels. Platforms like Airbnb have made it easy to rent out your property for short periods, earning you consistent returns.

With demand for short-let properties growing, especially in well-secured and strategically located estates, you can generate substantial rental income while you’re abroad. This dual-purpose setup allows you to enjoy your home during visits and turn it into a money-making asset when you're away.

3. Modern Amenities and Comfort
One of the biggest attractions of owning a home in Lekki-Ajah is the array of modern facilities that cater to a luxurious lifestyle. Whether it's a fully serviced apartment or a smart home duplex, the properties here are designed with comfort in mind. Imagine coming back for a holiday to a home equipped with top-notch amenities like high-speed internet, 24/7 electricity, a private gym, a pool, and modern kitchens.

These same features are also what make homes in this area highly attractive to short-let guests. You’ll enjoy the convenience and luxury when you stay, and these same amenities will increase the rental value of your home.

4. Security and Peace of Mind
For anyone living abroad, security is a top concern when it comes to owning property in Nigeria. Fortunately, Lekki-Ajah is known for its well-secured, gated estates with 24/7 security services. Many homes also come with additional security measures like CCTV, alarm systems, and private guards, ensuring that your property remains safe while you’re abroad.

This not only gives you peace of mind knowing that your investment is secure but also reassures short-let guests, making your property more attractive in the competitive rental market.

5. High Property Value Appreciation
The Lekki-Ajah axis continues to be one of the most rapidly developing areas in Lagos, making it a prime location for property investment. Property values here have consistently risen over the years, driven by the growing demand for both residential and short-let properties. 

As a homeowner abroad, this means that while you're enjoying rental income, your property is also appreciating in value. Should you decide to sell in the future, you’re likely to make a significant return on your investment

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Owning a home in the Lekki-Ajah axis is the perfect solution for Nigerians living abroad who want the convenience of a luxury holiday home with the added benefit of rental income. 

Reach out today to explore our featured properties and other exclusive listings tailored for holiday stays and short-let opportunities.


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