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Luxury 2 Bedroom Apartments For Sale in Alaro City FZE Lagos
Alaro City, Epe, LagosOpen
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Luxury 2 Bedroom Apartments For Sale in Alaro City FZE Lagos

🏠 Residential🛏 2 beds🚿 2 baths📐 110sqm
₦127M
≈ $92,414 · £69,914· rate as of 22:26 UTC
0% committed0 co-owners

About this listing

Live in the heart of Alaro City, Nigeria's fastest-growing integrated smart city, situated within the Lekki Free Zone. This premium 2-bedroom apartments offer a rare chance to own a home in one of Lagos's most strategically positioned and rapidly developing destinations. Built for comfort, convenience, and long-term value growth, the apartments feature contemporary architecture, spacious interiors, quality finishes, ample parking, reliable infrastructure, and a secure gated environment. Residents have access to well-planned roads, uninterrupted power supply, green spaces, recreational facilities, and a community built around modern urban living. Alaro City brings together multinational companies, industrial hubs, commercial districts, schools, healthcare facilities, and lifestyle amenities, making it a genuine live-work-play destination. The upcoming Wellington College International Lagos and its proximity to the proposed Lekki International Airport add further weight to its appeal for both homeowners and investors. **Home Feature:** Open plan living room extended with balconies Modern imported kitchen with mosaic backsplash and breakfast bar Polished Italian style granite worktops European 85kg security door Wooden teak textured ceramic tiles Utility area with a provision for a washing machine 100L Solar water heating with booster Smoke detectors AC in all bedrooms and living space White UV high quality wardrobes as standard in all bedrooms Italian style stainless stainless kitchen and bathroom fittings Frameless glass shower screens & rain shower in the bathroom **Property Highlights:** • Premium 2-Bedroom Apartments • Located in Alaro City, Lekki Free Zone, Lagos • Modern Architecture & Quality Finishes • Secure and Well-Planned Community • Excellent Road Network & Infrastructure • High Rental Yield Potential - Starting from $6,000 • Strong Capital Appreciation Prospects • Close to Dangote Refinery, Lekki Deep Sea Port, and Major Industrial Developments This is a USD denominated property, so the prices might reduce or increase to reflect the actual cost. Depending on availability, the property prices ranges from $86,600 to $104,000. - Legal fee is 3% of the property sum. **Others:** - Utilities Connection Fees - Power: $250 - Utilities Connection Fees - Water: $250 - NEFZA Title Registration - $500 - Service Charge - $600 **Estate Amenities** 3 acres park Luxury swimming pool Clubhouse Supermarket Fitness gym Restaurant Basketball court Badminton/ volleyball court Kids adventure playground Jogging trail BBQ corner Underground water storage 24-hour security through CCTV and key card access into the estate. Lush landscaping along the boulevard and avenues. Well lit common areas though solar powered streetlights. Secured parking for residents and visitors 24-7 Electricity The goal is to finalize payment over a 12-month period starting with a 50% commitment once all co-owners have indicated interest. This property will serve as a rental, with 90% of the rental income shared among all stakeholders according to their shareholding. The remaining 10% stays within the SPV’s bank account to cover ongoing maintenance.

Raise structure

Total raise₦127,117,200$92,414 · £69,914
Co-owner pool97.5%₦123,939,270
Own2gether stake2.5%₦3,177,930

Co-owners collectively raise 100% of the funds and own 97.5% of the company. Own2gether receives the remaining 2.5% equity in lieu of management fees — no cash fees are charged. Your individual equity % is your contribution divided by the total raise, multiplied by 97.5%.

Commitments0 entries

Entries are ranked largest-first. Connection groups rank by their combined total.

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Exchange rates: USD and GBP figures are indicative approximations (rate as of 22:26 UTC). All transactions are in Nigerian naira (NGN).

Ranking: Commitment entries are ranked by amount, largest first. Allocation is not final until the raise closes and Own2gether runs the allocation. The table above is a simulation of the current ranking for guidance only.

Withdrawals: Up to 3 withdrawals are permitted per profile across all listings. After the third withdrawal, a 12-month lockout period applies before further withdrawals are possible.

Payment: Allocated co-owners have 10 days from allocation confirmation to initiate a bank transfer. Late payment may result in forfeiture of the allocation.

Right of first refusal: If a co-owner wishes to sell their stake, existing co-owners in the same property company have the right of first refusal — the selling co-owner must offer the stake to fellow co-owners at the proposed price before approaching any external buyer.

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No payment is required now. Bank transfer instructions will be sent to your email after the raise closes and allocation is confirmed.