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Eko Atlantic City for Dummies

Eko Atlantic City

For Nigerians in Diaspora Eko Atlantic city is really something yet to be understood, here at mercyhomesuk, time and time again people call us wanting to know what its all about, hence the post ‘EKO ATLANTIC CITY FOR DUMMIES’.

Eko Atlantic city

 

Eko Atlantic city is an entire new coastal city being built on Victoria Island adjacent to Lagos, Nigeria, to solve the chronic shortage of real estate in the world’s fastest-growing megacity. It is a focal point for investors capitalising on rich development growth based on massive demand – and a gateway to emerging markets of the continent.  Priced @ $ 1,500 Per Sqm, its definitely not for the poor!

Its first completed residential building – the Eko Pearl Towers the first residential development in Eko Atlantic City, is a set of high-rise buildings, privately owned & developed by the leading Eko Pearl Construction Company. The building is situated about 500 meters away from the financial center of Lagos on Eko Atlantic City.
eko pearl

Eko Atlantic City, officially Nigeria International Commerce city, also known as Eko Atlantic,  a planned city of Lagos State Nigeria.  Constructed on land reclaimed from the Atlantic Ocean. Upon completion, the new peninsula, which is still under development is anticipating at least 250,000 residents and a daily flow of 150,000 commuters. The development will also have a positive environmental impact, as it will help in stopping the erosion of Lagos State’s coastline.

EKO ATLANTIC CITY ‘THE BEST PRIME REAL ESTATE IN WEST AFRICA’. PROMISES TO BE THE DUBAI OF AFRICA.   AN INVESTMENT OPPORTUNITY ON AN UNPRECEDENTED SCALE

Eko Atlantic City development is being carried out as a Public–private partnership, with private companies and investors providing the funding, whilst Lagos State Government is a strategic partner, with the support of the Federal Government.

Property Description

Strategically located in Eko Atlantic City is this corner piece land measuring 5,492 square meters. This property can be used for residential, commercial or both and it is not far from Eko Pearl Towers with DT A42 on the map. Kindly watch the video attached for more happenings at Eko Atlantic City.

Price: $ 1,500 Per Sqm

Eko Atlantic is an entire new coastal city being built on Victoria Island adjacent to Lagos, Nigeria, to solve the chronic shortage of real estate in the world’s fastest-growing mega city. It is a focal point for investors capitalising on rich development growth based on massive demand – and a gateway to emerging markets of the continent.

Standing on 10 million square metres of land reclaimed from the ocean and protected by an 8.5 kilometre long sea wall, Eko Atlantic will be the size of Manhattan’s skyscraper district. Self-sufficient and sustainable, it includes state-of-the-art urban design, its own power, clean water, advanced telecommunications, spacious roads and 110,000 trees.

Eko Atlantic is one of the world’s most advanced new cities, rapidly approaching towards completion. It is a visionary project on a huge scale, achieved by a team of major local and international partners.

Eko Atlantic city is a major revolution in Africa’s real estate comprising of 7 districts namely, Harbour Lights, Downtown, Business District, Eko Drive, Avenues, work is seriously on going with the first structures, a 15 storey office complex for a multinational oil company and the first of 5 residential high rise buildings currently under construction

Eko Atlantic is more than a city…Lagos is the economic capital of Nigeria, the most populated city in Africa. with its coastal location and abundant natural resources, Lagos is ideally positioned to take a leading role in the African economy and become a major global force.


The project is privately funded by South Energyx Nigeria Limited – the developers and city planners, a subsidiary of the Nigeria-based Chagoury Group of companies – working in strategic partnership with the Lagos State Government and supported by the Nigerian federal government.

Notable national and international banks have been quick to capitalise on the opportunities with three of Nigeria’s biggest – FCMB, First Bank and Guaranty Trust Bank – partnering with Eko Atlantic, with support from BNP Paribas Fortis and KBC.

For savvy investors, Eko Atlantic City represents far more than just surging Lagos land value. As Nigeria continues its unstoppable trajectory to become the financial capital of Africa, investing in Eko Atlantic opens unprecedented opportunities for tapping into the wider potential of the continent as a whole – widely recognised as the world’s most promising growth horizon.

For savvy investors, Eko Atlantic City represents far more than just surging Lagos land value. As Nigeria continues its unstoppable trajectory to become the financial capital of Africa, investing in Eko Atlantic opens unprecedented opportunities for tapping into the wider potential of the continent as a whole – widely recognised as the world’s most promising growth horizon.

The project is privately funded by South Energyx Nigeria Limited – the developers and city planners, a subsidiary of the Nigeria-based Chagoury Group of companies – working in strategic partnership with the Lagos State Government and supported by the Nigerian federal government.

Notable national and international banks have been quick to capitalise on the opportunities with three of Nigeria’s biggest – FCMB, First Bank and Guaranty Trust Bank – partnering with Eko Atlantic, with support from BNP Paribas Fortis and KBC.

For savvy investors, Eko Atlantic City represents far more than just surging Lagos land value. As Nigeria continues its unstoppable trajectory to become the financial capital of Africa, investing in Eko Atlantic opens unprecedented opportunities for tapping into the wider potential of the continent as a whole – widely recognised as the world’s most promising growth horizon. Total land reclaimed if 5,000 square meters.

A quarter of a million people will live and work in Eko Atlantic City. The city will be a lively, vibrant place by day and by night. All the elements of modern city life will be conveniently located: workspace, shops, services, schools, cultural and recreational areas as well as places for religious worship.

 

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