Top 10 most expensive houses in Nigeria
Nigeria is home to some of the most affluent people in the world, and their homes are a testament to their wealth. From sprawling estates to luxurious mansions, these homes are some of the most expensive in the country.
Here’s a look at some of Nigeria’s 10 most expensive homes:
Mike Adenuga’s Banana Island Mansion:
This sprawling estate is reportedly worth over ₦100 billion and is one of the most expensive homes in Nigeria. The mansion boasts 12 bedrooms, a private cinema, a swimming pool, and a tennis court. He owns the Globacom mobile phone network and he is worth $6.7billion.
Folorunsho Alakija’s Ikoyi Residence:
The residence of oil magnate and philanthropist Folorunsho Alakija in Ikoyi is truly remarkable. According to Business Day, it boasts 400 rooms and a construction cost of an astonishing $700 million. The home, built by the German construction giant Julius Berger between 2014 and 2018, is a marvel of luxury and design.
This opulent property features an artificial pool, light wells instead of windows due to its expansive grounds and numerous wings, offices for Alakija’s businesses, and an impressive 200 parking spaces. It is one of the most expensive homes in Africa.
Linda Ikeji’s Banana Island Mansion:
This stunning home is reportedly worth ₦3 billion and is one of the most talked-about homes in Nigeria. The mansion features 6 bedrooms, a gym, a spa, and a rooftop terrace.
Okwudili Umenyiora’s mansion
Okwudili Umenyiora’s mansion is one of the expensive houses in Lekki and ranks among Nigeria’s top ten mansions. This estate, which took four years to build, is valued at approximately ₦10 billion. The house boasts LED floor televisions, a garage, elevators, and both exterior and interior swimming pools.
The elegant chandeliers hanging from the ceilings and adorning the staircase highlight the lavishness of this home. Another standout feature is its cinema room, equipped with a projector screen and comfortable seating, making it an ideal venue for movie nights or video games with friends.
It also features a beautiful lawn area, with flowers lining the entire perimeter, adding to its elegant ambiance.
E-money’s Lekki Penthouse:
This luxurious penthouse is located in one of Lagos’ most upscale neighborhoods and is valued at ₦1 billion. The penthouse features 4 bedrooms, a rooftop terrace, and stunning views of the city.
Burna Boy’s Lekki Mansion:
This stylish home is reportedly worth ₦500 million and is one of the most popular homes among Nigerian celebrities. The mansion features 5 bedrooms, a recording studio, a gym, and a swimming pool.
Davido’s mansion
This impressive home is reportedly worth ₦3 billion and is one of the most expensive homes owned by a musician in Nigeria. The mansion features 7 bedrooms, a home theater, a swimming pool, and a tennis court.
Herbert Wigwe Ikoyi Mansion
The late Access Bank CEO, Herbert Wigwe, was rumored to have moved into a grand mansion on Queen’s Drive, Ikoyi, Lagos, in December of last year. The mansion is valued at ₦10 billion. The man is a symbol of luxury and grandeur, showcasing impressive architectural design and opulence
Sir Olu Okeowo Banana Island mansion
When it comes to prominent real estate practitioners in Nigeria, Sir Olu Okeowo stands in a class of his own. While his name and face might not be widely recognized outside high society circles, he is well known among the elite.
As the founder and Chairman of Gilbratar Construction Nigeria Limited, Okeowo operates at the highest levels, typically engaging only in multi-million and billion-naira real estate deals.
Known as the Palacia de Okeowo Mansion, this white edifice is built in a three-floor Victorian style and modeled after a French palace. The construction reportedly took 11 months, and the property sits on five acres of land. It is said to have cost around $12 million to complete.
Peter Okoye’s mansion
Peter Okoye and Paul, popularly known as P-Square, are one of Nigeria’s most beloved and successful music duos. Peter Okoye owns one of the country’s most expensive mansions, located in Banana Island and reportedly valued at over ₦1.5 billion. The mansion features an underground basement, 10 bedrooms, 6 living rooms, and a fully equipped gym. Outside, there is an Olympic-sized swimming pool with an automatic cover, a parking bay that can accommodate several cars, and a cinema hall for watching movies on large screens.
And what would any good mansion be without an open-air entertainment area? This house also includes one of those.