Top 10 Biggest Estates in Nigeria - Private Property Nigeria (2024)

The Best and most beautiful estate in Nigeria

Nigeria, the most populous country in Africa, is a land of immense diversity and grandeur, boasting a rich tapestry of culture, landscapes, and wealth. One prominent aspect of this diversity is the presence of some of the most opulent and expansive estates on the continent. Nigeria is home to a remarkable array of grand residences that reflect the nation’s economic and social landscape.

In this exploration, we will embark on a journey through the heart of Nigeria to discover the biggest estates that stand as a testament to the country’s affluence, heritage, and the enduring spirit of its people. These estates offer a glimpse into the lives of the privileged few who reside within their lavish confines, showcasing the blend of tradition and modernity that characterizes Nigeria’s elite society. Join us as we unveil the opulence and majesty of the biggest estates in Nigeria, each with its own unique story to tell.

1. Gwarimpa Estate – Abuja

At the pinnacle of our list stands Gwarimpa Estate, a sprawling residential enclave located in the heart of Abuja. Renowned not only as the largest single housing estate in the capital city but also rumored to be the largest in all of West Africa, Gwarimpa Estate holds a prestigious place in the hierarchy of opulent communities.
This illustrious estate owes its creation to the vision of the late General Sani Abacha, who commissioned its construction, proudly declaring it the largest housing development in Africa during its inception. Spanning an impressive expanse of approximately 1,090 hectares, Gwarimpa Estate’s sheer size leaves little room for debate.

Today, this esteemed community primarily houses government civil servants, and it also serves as the residence of choice for various high commissions and embassies. Among its distinguished features is the ECOWAS court, which boasts an official quarter for the President and its Members.

Property values within Gwarimpa Estate reflect its grandeur, with the average price for a property hovering around N65 million. For those seeking the pinnacle of luxury, a 5-bedroom detached duplex may command a price of approximately N90 million.

2. Festac Town – Lagos

Landing firmly in the second spot on our list is Festac Housing Estate, a Lagosian gem boasting over 5,000 housing units. Festac was originally conceived to accommodate participants of the Second World Festival of Black Arts and Culture held in 1977. Following the festival’s conclusion, the Federal Government of Nigeria allocated properties and homes to the festival’s winners, with a strict prohibition against reselling or renting these properties.

Today, Festac Town offers rental and purchase opportunities, though caution is advised due to its reputation for harboring some of the region’s most notorious internet fraudsters. Nonetheless, it remains one of Nigeria’s most inclusive housing estates, catering not only to the affluent but also to middle and low-income residents, making it an exemplar of affordability.

Property prices vary within Festac, with a 5-bedroom semi-detached duplex obtainable for around N65 million and a 7-bedroom detached duplex commanding approximately N90 million. Rental options are also available, with 3-bedroom apartments typically leasing for about N1.3 million annually.

3. Sunnyvale Homes – Abuja

Returning to the Federal Capital Territory, Abuja, we arrive at Sunnyvale Homes, securing the third position on our prestigious list. Sunnyvale stands as a vast and relatively new estate nestled within the bustling city of Abuja, covering an impressive 101 hectares of land and boasting a multitude of housing units.
Situated in the Dakwo District of Abuja, Sunnyvale Estate offers world-class amenities and comforts for its occupants, including a shopping mall, dedicated police station, sports center, and recreational facilities. With a diverse array of housing options ranging from two-bedroom bungalows to four-bedroom detached duplexes, Sunnyvale caters to a broad spectrum of residents.

However, luxury comes at a price within Sunnyvale Estate, with a 3-bedroom semi-detached bungalow potentially setting you back as much as N21 million.

4.Rainbow Town Estate, Port Harcourt, Rivers State

Nestled in the heart of the South-South region of Nigeria lies Rainbow Town Estate, a housing enclave that stands as a testament to luxury and opulence. This prestigious estate sprawls across an impressive 23 hectares of prime real estate.

Strategically located within the Trans-Amadi business and industrial district of Port Harcourt, Rainbow Town Estate reigns supreme as the largest housing development in Rivers State, boasting an estimated value of a staggering N82 billion. Within its meticulously planned boundaries, one can discover a remarkable collection of 1,181 housing units, comprising duplexes, bungalows, and high-rise luxury villas.

The architectural splendor of Rainbow Town Estate is exemplified by its towering structures, including the awe-inspiring 15-storey Point Block towers, which consist of nine distinct blocks housing a total of 468 luxurious apartments. Additionally, the estate features a 12-storey City Block towers, encompassing 16 blocks with a grand total of 640 elegantly appointed apartments. Moreover, a 15-storey tower serves as a bustling commercial hub, housing a Movie Theater, shops, restaurants, motels, and even a helipad for the discerning elite.

5. Parkview Estate, Ikoyi – Lagos State

Nestled in the vibrant city of Lagos, Parkview Estate earns its well-deserved place on our list as one of the most secure residential enclaves in the region. Over the past decade, this estate has garnered a reputation for being virtually immune to theft, a testament to its top-tier security measures. Alongside safety, Parkview Estate offers an array of premium amenities and services, including uninterrupted electricity, a selection of high-end hotels, efficient waste management systems, and an enviably serene environment.

Located in the upscale district of Ikoyi, Lagos, Parkview Estate stands as a testament to opulence and sophistication, catering to the discerning tastes of the affluent. However, such luxury living comes at a considerable price. With a total of 400 housing units (not including those under construction), Parkview Estate is primarily residential but also hosts several private firms, housing their offices and guesthouses within its confines.

Securing a property in Parkview Estate is a venture for the financially well-endowed, with a 3-bedroom apartment fetching around N85 million. Meanwhile, 4-bedroom and 5-bedroom apartments command significantly higher sums, ranging from N160 million to a staggering N250 million, contingent on the size and specifications of the property. These prices, naturally, are subject to fluctuations and may vary depending on the specifics of the dwelling.

6. Nicon Town – Lagos State

Nestled within the coveted Lekki Peninsula of Lagos, Nicon Town stands as one of the most expansive and exclusive residential estates in the city. Conceived and developed by the Chevron Employees Multipurpose Cooperative Society (CEMCS), this meticulously planned residential haven spans a sprawling 57 hectares, divided into over 400 generous plots. Nicon Town is synonymous with luxury and world-class amenities, attracting only high-income individuals who can afford the privilege of residing within its boundaries.

In its early days, acquiring a parcel of land in Nicon Town was a relatively modest investment, priced at approximately 5 million Naira. However, recent times have witnessed a significant appreciation in property values within the estate, requiring prospective buyers to allocate an additional N155 million or more for the same parcel of land.

Nicon Town boasts a serene environment, complete with an efficient water management system and well-planned drainage channels. Its natural landscape adds to its allure, making it a sought-after destination for those seeking relaxation and respite. Rental properties within Nicon Town can command annual rates as high as N2 million for a 3-bedroom house, while purchasing the same property could entail an investment of around N55 million.

7. Efab Estate – Abuja

Efab Housing Estate, primarily situated in Lokogoma, Abuja, extends its presence throughout the nation’s capital, offering a diverse array of housing options. Covering approximately 60 hectares of land, this estate comprises over 800 housing units, encompassing 5-bedroom duplexes, 4 and 3-bedroom detached bungalows, and equipped with boys’ quarters for added convenience.
Efab Estate prides itself on delivering world-class utilities and services, including efficient waste management and drainage systems, round-the-clock electricity, treated water supply, educational institutions, healthcare facilities, and commercial spaces. The cost of properties within Efab Estate aligns with the value it provides, reflecting the upscale living experience it offers.

For those seeking a 5-bedroom duplex in Efab Estate, the price typically ranges between N70 million and N130 million, depending on specific features and amenities. Similarly, a 3-bedroom bungalow can demand a premium price, often exceeding N40 million.

8. Lekki Scheme I – Lagos State

Lekki Scheme I, situated within the vibrant city of Lagos, stands as a paragon of exceptional residential living. It has earned its reputation as a great estate for various compelling reasons. Nestled within the Lekki Peninsula, this prestigious community embodies the epitome of contemporary luxury.
What sets Lekki Scheme I apart is its meticulous urban planning, ensuring well-organized road networks, lush green spaces, and thoughtfully designed residences. The estate offers a harmonious blend of modern amenities and natural beauty, making it a cherished choice for discerning residents. The proximity to Lagos’s thriving commercial and leisure hubs adds to its allure, providing convenience and accessibility.

9. Banana Island – Lagos State

Banana Island, ensconced within Lagos State’s breathtaking coastal landscape, is more than just a residential enclave; it’s a symbol of unrivaled opulence. Dubbed one of Nigeria’s most illustrious great estates, Banana Island is an exclusive haven for the country’s elite.
This man-made island boasts pristine waterfront views, meticulously landscaped greenery, and an array of lavish residences. It is renowned for its sprawling mansions, luxurious apartments, and world-class amenities that cater to every whim and desire. Living on Banana Island is not just about home; it’s a statement of affluence and prestige, where residents savor the very pinnacle of luxury living.

SEE: Properties for sale in Banana Island

10. Ikeja GRA – Lagos State

Ikeja Government Reserved Area (GRA) in Lagos State stands as a true testament to elegance and sophistication. Often hailed as one of Lagos’s great estates, Ikeja GRA offers a distinctive residential experience characterized by an air of prestige and refinement.

SEE ALSO: Properties for sale in Ikeja GRA

This well-planned neighborhood exudes charm with its tree-lined streets, stately homes, and serene ambiance. Ikeja GRA offers a peaceful oasis amidst the vibrant urban landscape of Lagos. It provides residents with easy access to key business districts, cultural attractions, and educational institutions, making it an ideal choice for those who value luxury, convenience, and a tranquil lifestyle.

In exploring the remarkable great estates in Nigeria, we have ventured into a world where luxury, opulence, and sophistication converge.

As we conclude our exploration, it is evident that these great estates represent the epitome of luxury living in Nigeria. Whether one seeks modernity, opulence, or refinement, these estates provide unique and unparalleled residential experiences. These great estates are not just places to call home; they are symbols of affluence, lifestyle, and aspiration, where residents embrace a life of grandeur and distinction in one of Africa’s most dynamic cities.

Top 10 Biggest Estates in Nigeria - Private Property Nigeria (2024)
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