Do you know why Osapa Lekki is called ‘Osapa London’?.
.. Apparently, when people first visited the area they couldn’t believe what they saw, beautiful grand houses everywhere they exclaimed this is actually London!… A home to foreigners and expatriates coming home to retire. They have beautiful estates and are relatively near the mainland which is around phase 1 radius. Its prices are also reasonable and its rental income gets you up to 20% ROI annually at 15 minutes drive to Victoria Island you definitely can’t go wrong
Osapa London is at the 5th traffic light on Lekki-Epe expressway just by circle mall and triangle business place. Massive multiple constructions are ongoing in this part of Lekki. Drive from Osapa to Victoria Island takes about 15 minutes and about 30 minutes at peak periods. Off the major Osapa road lie estates like victory park, Cadogan Estate, Acadia Mews, pinnock beach estate, and Milverton Estate.
These are well-constructed, perfectly planned, and flood-free places to live in. Visitors and non-residents can drive freely into the Osapa area but have to be cleared by their host before they are allowed into any of the estates mentioned above. Houses in Osapa are mostly duplexes (semi & fully detached; terraces) and with very few apartments.
Osapa is located along the Lekki-Epe expressway between the 5th & 6th roundabouts. It is about 15 minutes drive to Victoria Island and about 35 minutes during the rush hour period
Property in Osapa appreciates rapidly mainly because of its distance to V.I. Another reason property appreciates quickly is that; developers of estates in the area do a lot of work on proper infrastructure and maintenance.
Typical property prices:
- 3 bedroom flat – ₦1.5 million – ₦2.3million (rent)
- 4 bedroom Duplexes – 3 million – 5 million (rent), 50 million – 65 million (sale)
- 5 bedroom Duplexes – 3 million – 6 million (rent), 75 million – 350 million (sale)
- Land – ₦65,000 – ₦150,000 per Sqm (sale)