Ikate Elegushi Land Price Overview

Ikate Elegushi, often referred to as Ikate is an affluent area within Lagos state. It is a serene residential neighborhood notable for housing the Elegushi Royal family. Ikate, when compared to its nearby area, Lekki Phase 1, has a smaller population with a lower average land price.

Although this area is mostly residential with a few commercial buildings, it is also surrounded by beach resorts and leisure centers including Elegushi Royal Beach, Skyfall Oceanfront Club, Elegushi Private Beach, and The Wave Beach. The popularity of beach resorts within this area is a result of its close proximity to the Lagos Atlantic coastline, which is also responsible for its frequent floods.

 

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