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Under construction
Residential

Penfield Estate

Olomowewe town, Ibeju-Lekki, Nigeria

From

₦12M to ₦25M

“From” price: the developer has not stated what it includes (VAT, notary fees, parking…).

About the project

Penfield Estate provides a low‑risk, high‑return real estate investment.

Penfield Estate is located in Olomowewe town, Ibeju‑Lekki, along the Lekki Coastal road. The development offers plots of 300 m² and 600 m². The area is close to the Lekki Free Trade Zone, Lekki Deep Sea Port and the upcoming international airport. Nearby amenities include Rehoboth Gardens, the Dufil Factory, LaCampagne Tropicana and the Dangote Refinery. The developer, FIPS Multilinks Limited, states an expected return of 30 % per year.

  • Low‑risk investment
  • Expected return of 30 % per year
  • Strategic location near major infrastructure
  • Proximity to recreational and commercial facilities
  • Plots of 300 m² and 600 m²

Payment plans available

Unit types & pricing

TypeBedsSizeFrom
Plot—300 m²₦12M
Plot—600 m²₦22M

Units in this development

2 units in total, 2 still available.

Price

₦12,000,000 – ₦22,000,000

Cheapest still on sale

₦12,000,000

unit L01 · Plot · 300 m² · Available

Per square metre

36,667 – ₦40,000

UnitTypeAreaPricePrice / m²Status

L01

Plot

300 m²

₦12,000,000

₦40,000

Available

L02

Plot

600 m²

₦22,000,000

₦36,667

Available

Prices and availability as provided by the developer. Confirm with them before committing.

Location & surroundings

Block 110 Plot 34, Freedom Way, Lekki Scheme 1, Lagos

Rehoboth Gardens

The Dufil Factory

LaCampagne Tropicana

Dangote Refinery

Lekki Deep Seaport

Lekki Free Trade Zone

Frequently asked questions about Penfield Estate

How much does Penfield Estate cost?

Prices shown on this page range from ₦12M to ₦25M. The figures come from the source cited at the bottom of the page: have the developer confirm them in writing before paying anything.

Who is building Penfield Estate?

Penfield Estate is being developed by FIPS Multilinks Limited. Their Imonga directory page lists their contact details and other developments.

Where is Penfield Estate located?

Penfield Estate is located in Olomowewe town, Ibeju-Lekki, Nigeria, at the stated address: Block 110 Plot 34, Freedom Way, Lekki Scheme 1, Lagos.

Can Penfield Estate be paid in instalments?

This page mentions a payment plan. Its terms (down payment, duration, schedule) are negotiated with the developer: ask for them in writing.

Thinking of buying off-plan? Guarantees, payment schedule and risks: read our guide.

Developer

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