
Buying a 2 bedroom apartment in Ikate Lekki offers strong potential for homeownership, rental income, and long-term investment. Whether you’re in Canada, the UK, Ireland, the US, Australia, or Europe, this guide provides current prices, expert buying advice, and trusted insights. At Affiliates Realtor, we help local and diaspora buyers verify properties, arrange virtual inspections, and purchase securely from anywhere.
Location: Ikate Elegushi, Lekki, Lagos
Price Range (2026): ₦90M – ₦180M
Best For: Young professionals, investors, small families
Rental Yield: 6% – 11% annually
Why 2 Bedroom Apartments Are the Most Sought-After Property in Ikate
If you are buying property in Ikate, the 2-bedroom apartment is the sweet spot of the market.
It sits perfectly between:
- Entry-level affordability
- High rental demand
- Strong resale value
Located near Lekki Phase 1 and lifestyle hotspots like Elegushi Beach, Ikate attracts tenants who prefer 2-bedroom units for flexibility.
Current Prices of 2 Bedroom Apartments in Ikate Lekki (2026)
₦90M – ₦120M (Budget Range)
- Older buildings or off-plan units
- Basic finishing
- Located in developing areas
₦120M – ₦150M (Mid-Range)
- New developments
- Good finishing
- Secure environment
₦150M – ₦180M+ (Premium Range)
- Serviced apartments
- Elevator, gym, security
- Prime Ikate locations
Why 2 Bedroom Apartments Deliver the Best ROI
1. High Rental Demand
2-bedroom units are the most requested by:
- Working professionals
- Couples
- Small families
2. Better Income vs 1-Bedroom
Higher rent without significantly higher purchase cost.
3. Easier to Resell
More buyers can afford 2-bedroom units compared to luxury properties.
Area Guides & Neighborhood Spotlights
Detailed location profiles covering lifestyle, accessibility, and area overviews.
- Osapa London Area Guide: Location, Property Prices & Lifestyle
- Sangotedo Location Guide
- Is Ikate in Lekki Phase 1 or Ajah? (Complete Ikate Area Guide)
- Is Agungi in Lekki or Ajah? (Lekki Area Guide)
- Is Ikota in Ajah or Lekki? (Ikota Area Guide)
- Is Ikate Lekki a Good Place to Invest in Property?
- Is Ikota a Good Place to Invest?
- Chevron Axis Lekki Area Guide: Living, Security & Real Estate Outlook
- Orchid Road Lekki Area Guide: Infrastructure, Flooding & Property Value
- Lekki Phase 1 Area Guide: Nightlife, Commercial Hubs & Luxury Living
- Ajah Area Guide: Infrastructure Developments, Living Costs & Growth Potential
- Ibeju-Lekki Area Guide: Free Trade Zone, Dangote Refinery & Key Projects
- Epe Area Guide: Emerging Market, Infrastructure & Land Banking Opportunities
- Abijo GRA Area Guide: Estate Layouts, Amenities & Residential Appeal
4. Strong Shortlet Potential
Ideal for:
- Airbnb
- Corporate stays
Especially near Elegushi Beach.
Rental Income Potential (Real Numbers)
Long-Term Rental
- ₦5M – ₦9M per year
Shortlet (Airbnb)
- ₦50K – ₦120K per night
- High occupancy in peak periods
Best Locations to Buy 2 Bedroom Apartments in Ikate
Ikate Elegushi Core
- Premium demand
- Higher pricing
- Best for shortlets
Lekki County Axis
- Secure gated estates
- Strong family appeal
Orchid / Alternative Route Axis
- More affordable
- Fast-growing investment zone
Types of 2 Bedroom Apartments Available
Standard Apartments
- Affordable
- Ideal for long-term rental
Serviced Apartments
- 24/7 electricity
- Maintenance included
- Popular with expats
Luxury 2 Bedroom Apartments
- Smart home features
- Pool, gym, elevator
- High-end tenants
Shortlet-Ready Apartments
- Fully furnished
- Designed for Airbnb

Suitable Apartment for Shortlet/Airbnb.
Market Trends, Pricing & Investment Analysis
Data-driven insights, price reports, rental yields, and investment rationale.
- Lekki Real Estate Market Report
- Lekki & Ibeju-Lekki Property Price List
- Chevron Property Price Trends
- Cost of Apartments in Ikate Lekki
- Cost of Duplexes in Lekki
- Rental Income & Yields in Ikate
- Why People Invest in Lekki
- Best Places to Buy Property in Lekki Lagos
- Property Agent in Lagos
- House Agent in Lekki Lagos
- Verified Property Realtor in Lekki-Lagos
- Verified Real Estate Agent in Lagos
- Verified Real Estate Agent in Lekki
- Real Estate Agents with Property in Lagos
Who Should Buy 2 Bedroom Apartments in Ikate?
1. Investors
- Best ROI balance
- High demand
2. Young Professionals
- Space + comfort
- Affordable luxury
3. Diaspora Buyers
- Easy to rent
- Good long-term value
4. First-Time Buyers
- Entry into premium Lekki property
2 Bedroom vs Other Apartment Types
| Property Type | Price | Demand | ROI |
|---|---|---|---|
| 1 Bedroom | Lower | High | Good |
| 2 Bedroom | Medium | Very High | Best |
| 3 Bedroom | Higher | Moderate | Good |
| Luxury Apartments | Very High | Niche | High |
Key Features That Increase Value
- Good road access
- Reliable power supply
- Security
- Parking space
- Modern finishing
Properties with these features rent faster and appreciate quicker.
How to Buy 2 Bedroom Apartments in Ikate Lekki
Step 1: Set Budget
₦90M – ₦180M range.
Step 2: Choose Property Type
Standard vs serviced vs luxury.
Step 3: Verify Documents
- Certificate of Occupancy
- Governor’s Consent
Step 4: Inspect Property
Check infrastructure and finishing.
Step 5: Close Transaction
Use a trusted realtor and lawyer.
Common Mistakes to Avoid
- Overpaying for poor finishing
- Ignoring service charges
- Buying in poor locations
- Not analyzing rental potential
Future Outlook (2026–2030)
2-bedroom apartments will continue to:
- Dominate rental demand
- Increase in value
- Attract investors
This makes them one of the safest real estate investments in Lekki.

Properties Listings Lekki Lagos
- Luxury 5-Bedroom Fully Detached Duplex with Swimming Pool & BQ
- Luxury 2 & 3 Bedroom Apartments for Sale in Ikate, Lekki
- Luxury 2-Bedroom Apartment with Elevator and Swimming Pool in Lekki Phase
- Luxury 3-Bedroom Apartment with Elevator and Swimming Pool in Ikate
- Luxury 2-Bedroom Apartment with Elevator and Swimming Pool
- 6-Bedroom Detached Duplex with Cinema, Gym & Swimming Pool in Lekki Phase 1
- 5 Bedroom Fully Detached Duplex with BQ & Swimming Pool for Sale in Lekki County, Lekki
- Spacious 4 Bedroom Terrace Triplex for Sale in Ikate Elegushi, Lekki
- 1 Bedroom Apartment for Sale in Lekki Phase 1
- Standard Studio Apartment with Gym for Sale in Ikate, Lekki
- Spacious 1 Bedroom Apartment for Sale in Ajah, Lekki
- 5 Bedroom Fully Detached Duplex with BQ & Swimming Pool for Sale in Lekki County, Lekki
- Luxury 2 Bedroom Apartment with BQ for Sale in Lekki Phase 1
- Luxury 2 Bedroom Apartment with Elevator for Sale in Ikate, Lekki
- Luxury 2 Bedroom Apartment with BQ for Sale in Lekki Phase 1
- Luxury 5 Bedroom Fully Detached Duplex with BQ & Swimming Pool for Sale in Ikate, Lekki
FAQ
How much is a 2 bedroom apartment in Ikate Lekki?
Prices range from ₦90M to ₦180M depending on location and features.
Is 2 bedroom a good investment in Ikate?
Yes, it offers the best balance between affordability and rental income.
Can I use a 2 bedroom apartment for Airbnb?
Yes, it performs well for shortlet and corporate rentals.
Why are 2 bedroom apartments popular?
They provide flexibility, space, and strong rental demand.
Conclusion
If you are looking for a property that offers:
- Strong rental income
- High demand
- Good resale value
Then a 2-bedroom apartment in Ikate Lekki is one of the smartest choices you can make.
Property Listings by Location
Direct listings for buyers looking to explore available properties in specific neighborhoods.
- Property for Sale in Lekki Phase 1
- Property for Sale in Ikate Lekki
- Property for Sale in Ikota Lekki
- Property for Sale in Chevron Lekki
- Property for Sale in Osapa London
- Property for Sale in Agungi
- Property for Sale in Orchid Road
- Property for Sale in Ajah
- Property for Sale in Abijo GRA
- Property for Sale in Ibeju-Lekki
- Property for Sale in Victoria Island
- Property for Sale in Ikoyi
- Land for Sale in Epe Lagos (D’Marshall Fortress Estate)
- Land for Sale in Igbonla Epe (Treva City Estate)
- 1 Bedroom Apartment for Sale in Ajah, Lekki
- Property for Sale in Freedom Way, Lekki Phase 1
- Property for Sale in Sangotedo
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Find Listed Properties Below
Apartments in Lekki |Semi-Detached Houses in Lekki | Fully Detached Houses in Lekki | Terrace Duplex in Lekki | Bungalows in Lekki | Land for Sale in Lekki | Triplex in Lekki | Townhouses in Lekki | Flat in Lekki | Mansion in Ikoyi/Lekki | Massinaite in Ikoyi/Lekki Mall/Stores Condominium Housing in Ikoyi/Lekki | Short-let


