November 16, 2021 – Real Estate with Sally

Amen Estate Phase 2 Review (2023): Is it Worth Buying? |Real Estate with Sally

ByEzra Bassey November 16, 2021March 18, 2023

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Amen Estate Phase 2 Review; Comprehensive Review of Amen Estate Phase 2 in 2023

I am an independent realtor and real estate professional. The opinions expressed here are my own and not official statements of Amen Estate. I help my clients acquire affordable real estate properties in Lagos Nigeria. I would never push a property I have not properly investigated and verified its authenticity.

Funke Akindele in Jennifer’s diaries has been creating so much hype about Amen Estate…

So I decided to go to the estate myself to inspect the place myself.

I went to Amen Estate and talked to their staff. Then, I went to Amen Estate Phase to see the development on the ground.

In this Amen Estate review, you will learn everything you need to know about Amen Estate…

I will also share what I like and don’t like about this estate.

My goal is to help you decide if Amen Estate is worth the investment.

Let’s dive in…but first:

Why Amen Estate?

Everyone loves good things and Amen Estate is unarguably the most beautiful, secured and serene estate within the Ibeju-Lekki neighbourhood. A’ list celebrities, foreign expatriates and the elite class of Lagos habits here in escape from the noisy, rowdy, traffic situation and air pollution that comes with living within the Lekki-Ajah neighbourhood.

But that is not the only reason people are suddenly trooping all in.

Imagine a circle, and surrounding it are multi-national industries with an income projection in billions of dollars, leading up to being acclaimed, the industrial hub of Lagos.

That is what Amen Estate represents.

As a matter of fact, experts forecast that in 10-15years coming, a plot of land in Amen Estate, just like Lekki Phase1 will sell from 450M and above per plot.

Key industrial activities like the

Power Oil Production Plant

The Lekki Free Trade Zone housing Dangote refinery (which is expected to be the largest refinery in Africa by output capacity)

Dangote Fertilizer

Petrochemical Plant

Lekki Deep Sea Port

The Pan-African University new campus and the proposed Lekki International Airport projected to employ more than 200,000 people and lead to a town of up to 300,000 in population.

According to research, the rate at which Ibeju-lekki is growing is triple times over all other areas in Lagos. Property value appreciates fast and is constantly rising.

These and other metrics are what stands Amen Estate out as the best location to invest currently in Ibeju-Lekki

In 1998 a plot of land in Lekki Phase1 sold for 10million naira but right now in 2021, the same plot of land sells for over 500million naira.

Ikoyi, In the ’80s, a plot of Land in Ikoyi sold for less than ₦2million, but today (2021) it is priced between 700million and a billion naira.

VICTORIA ISLAND: In the ’90s, a plot of Land in Victoria Island used to sell for less than ₦10million, but today (2021) it goes for ₦800million and above.

Who Owns Amen Estate?

Amen Estate is owned by Madam Folashade Balogun. She is the Chairman/CEO of Redbrick Homes International Limited, a real estate development firm, who are the developers of Amen Estate (more on them later).

What Is Amen Estate And Where Is It Located?

After inspecting Amen Estate myself, I discovered something interesting.

Amen Estate is a unique and prestigious estate that offers a secure and private community in a well-planned and designed environment with serene, private, peaceful and incredibly nice landscaping surrounded by nature and the famous, Eleko Private Beach in Ibeju Lekki, Lagos Nigeria.

They first launched Amen Estate Phase 1, which sold out fast. As I am writing this, developments are still going on in Amen Estate Phase 2.

Amen Estate Phase 2 is just directly opposite Amen Estate Phase 1. They are both located at Eleko Beach Road, Off Lekki Epe Express Road, Ibeju Lekki, in the Eastern part of Lagos State, Nigeria.

This location is within the vicinity of:

The famous Dangote Refinery,

Lagos Free Trade Zone,

Proposed Lekki International Airport,

The Lekki Deep Sea Port,

The Pan African University,

And several other companies.

This makes Amen Estate very attractive to real estate investors and future residents of Ibeju Lekki.

But the truth is, Amen Estate is not for everyone.

Who Is Amen Estate Phase 2 For?

Amen Estate is for those who:

Enjoy a pleasant and modern lifestyle

Want a safe environment for their family

Want uninterrupted power supply

Want to stay live close to celebrities

Want to live a quiet life with no disturbance from unwanted visitors

Work at Lagos Free Trade Zone or other top companies in the area

What I Like About Amen Estate Phase 2

There are so many things I like about Amen Estate. But to keep this post short, I will only mention the one that I feel it’s most important.

#1: Amen Estate Development Is One Of The Best

If you have been following Amen Estate for a while, I am sure you noticed how fast phase 1 developed and sold out fast.

That’s also the same thing happening now at the Amen Estate Phase 2.

And as someone with a background in Civil Engineering, this made me a bit skeptical about their construction methods.

But I noticed the buildings in Amen Estate are built to standard.

I also researched a bit about the developers, Redbrick Homes International Ltd, and I discovered that they are an innovative construction firm with a decade-long track record of developing and managing estate properties built with quality and the latest technology.

Amen Estate provides different home designs including:

Detached houses

Semi-detached houses

Terraces and flats

And much more

All built to standard. Now, let’s take a look at what the new Amen Estate Phase 2 offers.

Amen Estate Phase 2 Review

Amen Estate Phase 2 offers lots of facilities and benefits. This truly makes it currently one of the best investment properties in Ibeju Lekki.

Most real estate professionals are saying that this will be the next Lekki Phase 1 in Ibeju Lekki.

Here are some of the facilities Amen Estate offers and some benefits you get:

24-hour electricity power supply

Tarred roads

Solar Street Lights

Covered drains

Street cleaning

Lighting and Maintenance

Sewage disposal services

Treated water supply

Armed security patrols

A fully equipped leisure center

A gymnasium

A swimming

A Fitness center

A tennis court

A football field

Public parks

Gardens

Integrated CCTV and broadband internet

And so much more

With all this, I am sure you are curious about the price.

https://youtu.be/LD6uK4qXK7U

What Is Amen Estate Phase 2 Price?

Amen Estate Phase 2 Property	Outright Price	8 Month Price	12 Month Price
Land/Serviced Plot
Commercial Land/Serviced Plot	$55,000	$57,750	$60,500
3 Bed, 3 Bath Luxurious Apartment	$88,000	$92,400	$96,800
3 Bed, 3 Bath Bungalow with BQ	$102,000	$107,100	$112,200
3 Bed, 3 Bath Mid Terrace House with BQ	$102,000	$107,400	$112,200
3 Bed, 3 Bath End Terrace House with BQ	$108,000	$113,400	$118,800
3 Bed, 3 Bath Semi Detached House with BQ	$117,000	$122,850	$128,700
3 Bed, 3 Bath Detached Terrace House with BQ	$132,000	$138,600	$145,200
4 Bed, 4 Bath Detached House with BQ	$145,000	$152,250	$159,500
4 Bed, 4 Bath Detached VILLA with BQ	$168,000	$176,400	$184,800
5 Bed, 5 Bath Detached VILLA with BQ	$200,000	$210,000	$220,000

A table chart showing the current price of properties in Amen Estate Phase2

Amen Estate Frequently Asked Questions

Where is Amen Estate Phase 2 located?

Amen Estate Phase 2 is located at Eleko Beach Road, Opposite Amen Estate Phase 1, Off Lekki Epe Express Road, Ibeju Lekki, Lagos State, Nigeria.

DISTANCE FROM AJAH TO AMEN ESTATE

Who are the owners/developers of Amen Estate Phase 2?

Redbrick Homes International Limited.

What Type of Title does Amen Estate Phase 2 Have On The Land?

Registered Title Covered by Governors Consent.

What is the Payment Structure to acquire a property in Amen Estate?

The payment structure comes in 2 plans: a 6-month or 12 months spread payment option. The 6-month spread payment is plus 5% of full asking, while the 12-month spread is plus 10% of full asking.

What is the Size of a Plot in Amen Estate Phase 2?

The size of a plot of land in Amen Estate is 600 square meters.

What other payments do I make apart from payment for a house in Amen Estate Phase 2?

5% is charged for Survey and Title Deeds, and a yearly Service Charge of NGN400,000 for a house.

When do I make the other payments for Amen Estate Phase 2?

Fees for Survey and Title Deed are paid immediately after purchase, or the fees will revert to 5% of current prices.

What a re the infrastructures expected to be put in place in Amen Estate?

Drainage Systems, 24 hours Electricity/Street lighting, Water supply, Waste management system, Paved Roads, and Perimeter Fencing.

What do I get after initial payment for the land/house in Amen Estate Phase 2?

Offer letter and Updated Statement for the payments made so far.

Is the road to Amen Estate Phase 2 accessible?

Yes, the road to the estate is accessible.

Amen Estate Review Final Thoughts

The hype around Amen Estate is because of so many reasons:

It’s location

It’s design and landscape

Jennifer’s diaries

And the community of people it’s attracting

But the one thing that makes Amen Estate different from the rest of the other estates in Ibeju Lekki is that…

It provides quality living at an affordable price for individuals, families, and investors (home and abroad) seeking secure, comfortable, and modern living in Lagos, Nigeria.

If you missed out on acquiring a property in Amen Estate Phase 1, then this is your opportunity to invest in one of the most prestigious estates in Nigeria.

However, there are only a few houses and plots left for sale.

LAND PLOTS FOR SALE IN AMEN ESTATE PHASE 2

CLICK TO WATCH THE DETAILED VIDEO HERE

WHY YOU SHOULD OWN A PROPERTY HERE

Earlier this year, I was with my Uncle, while banting about Real Estate Investment and the likes, as we always do when he shared a very painful story with me.

In 1986, someone approached him to buy four plots of land properties in Lekki Phase1 for 500naira only!

He was well to do and as would be expected in a communal community, different people approach you with things they wish sell, knowing you have the buying capacity.

During that same time too, someone else approached him about two plot size he had for sale at Ogba, Ikeja for he same price.

Ogba was considered a developed place as at then. There were roads and houses with people living in. Lekki, on the other hand was surrounded by bushes. With Chevron being the only structure close to site.

Why they even went for the thick bush in Lekki, no one knows!

Like you and I would probably have done, my Uncle went for the 2plots he was offered at Ogba.

And that was the biggest regret of his life.

Right now, the best location in Ogba is valued between 25 and 50M naira while Lekki Phase1 is valued at 500M per plot.

He lost his chance of 2B in returns for a 100M in Ogba!

Why am I sharing this?

Good roads and people don’t drive the value of a property and location. Industries does!

When there are industries and companies, people are naturally compelled to a place which automatically optimises the value of properties in the location, as is in the case of Lagos State and other States in Nigeria.

Lekki had just one company, Chevron, that attracted thousands more generating billions in dollars and scaling the value of its Real Estate. Right now, Ibeju Lekki has 26 top tier companies heavily invested in billions including Dangote Refinery and Flour Mill notwithstanding the Seaport and Airport project.

Investment Opportunities in Amen Estate – How to Invest and make good returns off your property in Amen Estate phase 2

Do you know that over 100 people search every day for Short-let and annual rent properties in Amen Estate? Run keyword research yourself and see for yourself.

Sad truth is when we visited the sales office and asked if they had any short-let properties or properties for rent in the estate. There was none at all!

Well, that should be good news for you – an open market with little to no competitor hanging by.

Beyond renting, another solid gold mine in buying off land properties in this estate for resale.

Perhaps, you don’t really live in Lagos and you consider it a waste.

65% of people who invest in Lagos don’t live in Lagos. As a matter of fact, they don’t even like Lagos. But they invest because of the unbeatable returns that comes with it and shouldn’t that be the prime goal of investing after all?

FOR A LIST OF ALL AVAILABLE INVESTMENT PROPERTIES IN AMEN ESTATES CLICK HERE

Other Affordable Estates in Ibeju Lekki Within Amen Estate You Can Invest In

Ibeju Lekki Lands For Sale

Below are alternative Estates you can also invest into with close proximity to Amen Estate, they’re few minutes away but unlike Amen Estate, they’re more affordable to afford with almost equal prospective return on investment in value.

The Nook

$\"Amen$

Michael Garden’s Estate

$\"Amen$

The Fairview Estate

You could also take advantage of our ongoing Black Friday discount offer and enjoy 30% discount plus bags of rice as gift items owning a property at Michael Garden’s Estate. It’s one of the fast-selling prime investment properties in this location.

$\"Amen$

This is a kind of property you don’t just buy one or two plots.

You can buy as much as 30 plots and enjoy even more amazing discount offers this black Friday.

Click to watch a video of the estate here

Michael Gardens Estate is located in off Eleranigbe, Ibeju Lekki. The Estate is sitting on a gazette land located in the most sought-after part of Ibeju-Lekki, Lagos. The typography of the land is 100% Dry and its directly on the proposed 8 lanes expressway that will be connecting the Free-Trade zone to the 4th mainland Bridge and many other important road networks in Ibeju-Lekki, Lagos.

TITLE:Lagos State Government Gazette

Why you should invest in MGE Estate• Affordable Price• Instant 30% ROI• 100 % Dry Land• Gazette title• Instant Allocation• Strategic Location (Central)• Away from the industrial areas• World Class Estate Facilities

The Estate Neighborhood:• The Alaro City• The International Airport• Lekki Free Trade Zone• The Pan-Atlantic University• The 4th Mainland Bridge• Over 500 gated Estates around• Amen Estate

Alaro City, in 2020 sold for 60,000USD (30M) per plot.

Amen Estate, currently sells for 55,000USD (27.5M naira) per plot

With our amazing black Friday discount offer, you will be getting 600SQMs per plot size of this property for 2.5M only. All charges inclusive.

With an initial deposit of 50% you can even spread the balance across a 3months interval. Interest free!

Click the link to read Premium Times review of investment opportunities in Ibeju Lekki

This is not an offer you should sit on!

Take an action, your future self would be proud!

Invest in Land in Ibeju Lekki, Lagos, during this black Friday

Learn more and schedule free inspection on this property by clicking here

If you have any more questions or need help acquiring a property in Amen Estate and Ibeju Lekki

Contact me now. I can get all your questions answered and help you secure your own property.

WHO WE ARE?

Real Estate with Sally is a Lagos, Nigeria based team of savvy Real Estate experts, helping investment focused individuals invest right in the Lagos, Nigeria Real Estate space by recommending the right properties in the right location with optimal value appreciation prospects and guaranteed returns.

Our core services include, property acquisition, advisory and investment portfolio management.

We’re value focused, young, fun, exciting and aggressively hardworking to meet up with our cooperate goal of delivering exceptional quality service, over transaction.

Call or send us a WhatsApp message here

See you on the inside. 08067813426

09153078422

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Day: November 16, 2021

Amen Estate Phase 2 Review (2023): Is it Worth Buying? |Real Estate with Sally

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