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Plots of Land in Ibeju-Lekki
saleland

Plots of Land in Ibeju-Lekki

Off Lekki-Epe Expressway, Ibeju-Lekki, Sapele

₦12M

Ref: TA-IL009

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Bedrooms

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Bathrooms

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Parking

600m²

Area

About this property

Dry, fenced plots with C of O in a fast-developing corridor. Suitable for residential or mixed use.

Off Lekki-Epe Expressway, Ibeju-Lekki, Sapele

Investment Calculator

Estimate rental yield and purchase costs using Delta State market trends.

Gross rental yield

5.00%

Net rental yield

3.25%

Gross annual rent₦600K
Effective rent (after vacancy)₦570K
Annual operating cost- ₦180K
Net annual income₦390K

Upfront purchase costs

Legal fees₦600K
Agency fee₦600K
Stamp duty₦240K
Survey & inspection₦180K
Total one-off costs₦1.6M
Deposit amount₦3.6M
Cash needed upfront₦5.2M

Financing

Loan amount₦8.4M
Monthly mortgage payment₦156K
Monthly cash flow₦-123,493

Estimates only. Delta State yields typically range 5–8% for residential and 6–9% for commercial. Confirm legal fees, agency rates, and mortgage terms with your adviser before committing.

Schedule a viewing

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Contact Agent
Adaeze Okonkwo

Adaeze Okonkwo

Lekki Prime Realty

Mortgage Calculator

Estimate your monthly repayment

Property price₦12M
Down payment20% · ₦2.4M
0%25%50%
Interest rate18% p.a.
5%17.5%30%
Loan term20 years
5 yrs15 yrs30 yrs
Monthly payment₦148K

Loan amount

₦9.6M

Total interest

₦26M

Estimates only. Actual rates and terms vary by lender. Confirm with your bank or mortgage provider.

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