The Eko Atlantic is finally seeing the light of the day after much work, energy and lots of investment both from the government and also from the private sector. Recently Eko Pearl Towers become the first residential and also the first building to have been completed in this magnificent city.

One thing Eko Atlantic seems to be giving lots of attention is the drainage, this is due to the fact that the land was reclaimed from the sea and so a lot is going to making sure the area is properly channeled and to avoid a flooded city.

Eko Pearl Towers, the first residential development in Eko Atlantic City, is a set of high-rise buildings, privately owned and developed by the leading Eko Pearl Construction Company. The development which is situated about 500 meters away from the financial center of Lagos on Eko Atlantic City, consists of five high rise residential towers, each topped with deluxe penthouse types, two & three bedroom apartments exuding a luxurious home experience with a view of the Lagos coastline.

While many have been asking questions of how much it costs to own a plot or a piece of land at Eko Atlantic, AutoReportNG was able to make some findings and we can confirm to you that it's not for the faint-hearted. According to the management...

EKO ATLANTIC CITY PRICE OF PLOTS AND OTHER RELEVANT INFORMATION

As at 2010, plots of land are reported to cost the following but we are not too sure if there are lands and also if it has been upgraded...

"Plots are currently available for sale. Plot sizes start at 2000 square meters and up, and have a starting price of $825 (#302,000) and go up to $1660 (#606,000) per square meter (please note we do accept the equivalent in Naira). Prices are determined by where your land is in location to water.

Yes, you can make down payments. Our payment plan is simple and straightforward. In Phase 1, which is expected to be sand filled by the end of this year or beginning of next, is 50% down payment and 50% when you receive your land. In phase 2 and on, it is 25% down payment, 25% in the 1st year and 2nd year anniversary, and the last 25% when you receive your land.

We expect developers to build up in Eko Atlantic. Taller building serving the needs of residential, commercial, retail, and office space. The city is zoned mixed use. Developers can build to their plan, so as long as it adheres to the rules of our planning department.

Basic infrastructure will be ready by the time developers begin building. I would like to add that we are providing the infrastructure and that you will not need to provide your own.

The project is proceeding as planned, and we are on target to meet our goals".

(Please note this was quoted in 2010 when inquiries were made, we can't confirm if this still holds or remains valid till now)

These are some of the new visuals we can get our hands on...

[img]https://1.bp..com/-o63n6wJCVNg/W2Uhe3zCLNI/AAAAAAAAT18/xbzulMkUOJ8RW4UtsjC0k9TxyHqzGussACLcBGAs/s640/Eko.jpg[/img]

[img]https://4.bp..com/-JtHXQG0cfRA/W2UfpUJnUtI/AAAAAAAAT0g/5OqtmnkxDEMFQ0DeMSl-qxjJMMmSXu-OQCLcBGAs/s1600/Eko_Atlantic_004_AutoReportNG.com.jpg[/img]

[img]https://4.bp..com/-KzE5TkMsBGQ/W2UfrbDJoUI/AAAAAAAAT08/5XDTcxsP2JkQqH6E3AovGhfBod_qqNnVACLcBGAs/s1600/Eko_Atlantic_011_AutoReportNG.com.jpg[/img]

Source:
https://www.autoreportng.com/2018/08/new-photos-of-eko-atlantic-and-how-much.html

Banana Island will be a learner when this project is completed

See more pictures here

https://www.autoreportng.com/2018/08/new-photos-of-eko-atlantic-and-how-much.html

For the super rich.








Meanwhile, all iPhone6 64gb available for sale in ilorin, almost sold out.

https://www.nairaland.com/4617348/us-used-iphone-6-64gb

Tinubu ownes lagos hence eko atlantic is tinubu property.
Do any body notice the increase in beggers and ritualist among yoruba people since buhari came in to power? It is very sickning

Redoil:
Tinubu ownes lagos hence eko atlantic is tinubu property.
Do any body notice the increase in beggers and ritualist among yoruba people since buhari came in to power? It is very sickning

Bros, its too early for all this stuff, don't you get tired of being tribalistic? When are we going to see ourselves as brothers and sisters and not as foes?

Its just sickening abeg

This is why the smart rich keep getting richer. Which average salary earner can afford buying land at 600k per square metre? Yet if you can afford it, your destiny is almost guaranteed.

AutoReportNG:


Bros, its too early for all this stuff, don't you get tired of being tribalistic? When are we going to see ourselves as brothers and sisters and not as foes?

Its just sickening abeg

my brother it is real and one day it will spill over and by then it will be too late for us to do any thing about it. What do you have to say abov politicians holding 90% of the wealth in south and like dogs only threw crumbs to the the masses whenever election is coming very bad of you people

u go fear multiplication na

As at 2010 the plot of land was N1.2billion.





Haaa aye o.

Somewhere in the bible warned against building on sand.

jomoh:
As at 2010 the plot of land was N1.2billion.





Haaa aye o.

Where did you get that from? I thought I saw 600k. Please explain sir

Great, is getting better day by day. "If I had knew the life I was searching for is already mine"

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So a plot of land is about 600 million plus in Naira?

RebelChip:
The day the Ocean will come for its land they stole, hope nobody will call Satan? You stole a land from the ocean and expect it not to reclaim it? Thank You!

Nice edifices by the way!

Whatever flood will sweep Eko Atlantic away will be able to sweep the entire Lagos.

Eko Atlantic is currently at 9 meters above sea level while the Lagos Island is just currently 3 meters above sea level.

E.A has also been rigged round it's perimeter.

if am not wrong..... square meter cost 600k, how much will a plot cost the?....... yeh BABA GOD OOO

Waste of money. They havent even sandfilled the whole eko atlantic. Most pple who paid for plots den cant develop it and are hiding after dey paid $1m dols cos na GEJ era stolen funds. This project might not be completed and fully developed till 2040

Redoil:
Tinubu ownes lagos hence eko atlantic is tinubu property.
Do any body notice the increase in beggers and ritualist among yoruba people since buhari came in to power? It is very sickning

this one is an idiot

Nice structures. My concern is the durability and water control, we have a different weather and too many rainfall in Nigeria. If all considered properly, I give it to whoever initiated the project

Paying so much for a land that can actually kill you one day...

Redoil:
Tinubu ownes lagos hence eko atlantic is tinubu property.
Do any body notice the increase in beggers and ritualist among yoruba people since buhari came in to power? It is very sickning

the man only came to wreak the ship of this nation. OGBTD - operation go back to Daura loading

Redoil:
my brother it is real and one day it will spill over and by then it will be too late for us to do any thing about it. What do you have to say abov politicians holding 90% of the wealth in south and like dogs only threw crumbs to the the masses whenever election is coming very bad of you people

Why don't you tidy your own house before running your mouth like toilet flusher.


It's obvious that you are a very ill-inforned tribalist

Redoil:
Tinubu ownes lagos hence eko atlantic is tinubu property.
Do any body notice the increase in beggers and ritualist among yoruba people since buhari came in to power? It is very sickning

get a life!

PurestBoy:

Where did you get that from? I thought I saw 600k. Please explain sir

It’s say 600k per square metre meaning for each 4x4 ceiling space you pay 300k to 600k which is not enough to even build a mini toilet. Hence you need 100dres of millions to buy a decent 50 x 100 plot of land. This location is not not just for the rich but extremely super rich.

Hmm, ive also noticed the number of Igbos selling and reselling their children for food to eat, beating their wives to death out of frustration is on the rise.. Because of bitterness the idiot couldnt even spell owns.At 5am in the morning?? Yoruba people must have tormented him in his dream. May God deliver closed minded simpleton like you of your bitterness

Redoil:
Tinubu ownes lagos hence eko atlantic is tinubu property.
Do any body notice the increase in beggers and ritualist among yoruba people since buhari came in to power? It is very sickning

So d minimum cost of a plot of land as at 2010 is 302,000 × 2000 which is equivalent to around 600million? As at then?? For only land My Chest!!!

Ibeju lekki is the future and remember that commissioning of the lekki deep seaport which will make that location the future and we have very limited affordable lands at the moment so you can check my signature for more details

PurestBoy:

Where did you get that from? I thought I saw 600k. Please explain sir

It's i660$ per square meters and you must buy 2000 square meters meaning 1660$ * 2000 = 3,320,000$ in naira 3320000 * 340 = 112880000 naira I think this is overpriced
Even properties abroad are not this costly not to talk of a country with no security

dingbang:
Paying so much for a land that can actually kill you one day...

I knew when dolphin estate was inside water in the late 70s to early 80s, will you say so to that now

For me,this post is for knowledge sake. Money is good though.

Redoil:
Tinubu ownes lagos hence eko atlantic is tinubu property.
Do any body notice the increase in beggers and ritualist among yoruba people since buhari came in to power? It is very sickning

What is sickening is your thinking pattern