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Eko Atlantic Land Is Expensive. Price Is Same As Manhattan Island, USA - Properties - Nairaland

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Eko Atlantic Land Is Expensive. Price Is Same As Manhattan Island, USA by Rekeb: 8:11am On Apr 05, 2019
When shopping for land in Eko Atlantic, you should have a deep pocket. The cost of land in this dream real estate location is only comparable to the price of land in Manhattan, USA. Cost of land in Manhatan Island remains one of the most expensive in the US.

According to Business Day Report.

Land price in Eko Atlantic is the highest of the various prime island locations in Lagos including Ikoyi, Victoria Island and Lekki. It is followed closely by Banana Island, the most exclusive residential location in Lagos.

Price per square metre of land in Eko Atlantic, estimated at $1,720 (about N523,000), is about 40 percent higher than the value of land in the neighbouring Victoria Island. That price compares favourably with land values in Manhattan City in the United States.

Manhattan real estate costs an average of $1,773 per square foot, which is also ahead of San Francisco, the next most expensive area on per-square-foot basis, according to NeighborhoodX, a real estate price tracking agent. Land price in San Francisco averages $902 per square foot.
Eko Atlantic is the single most ambitious and comprehensive mixed-use development plan to come on stream in the West African sub-region in recent times. Modelled after the Skyscraper District of Manhattan Island in New York City, Eko Atlantic is expected to be home to no fewer than 500,000 residents, with commuter volume expected to exceed 300,000 people daily.

Eko Atlantic land goes for $1,720/N530,000 per square metre while land in Victoria Island is selling at $1,244/N379,000 per square metre and Lekki at $681/N207,000 per square metre, but their prices have risen by 14 and 15 percent, respectively, in the course of last year. Oniru land, selling at $579/N176,000 per square metre, has grown by 7 percent over the year, while Banana Island has remained stable.

Get more details from http://www.nigeriaconstructionjournal.com/2019/04/05/eko-atlantic-land-price-is-same-as-manhattan-island-usa/

Re: Eko Atlantic Land Is Expensive. Price Is Same As Manhattan Island, USA by rxgodwin(m): 8:13am On Apr 05, 2019
Omo mehnn.

Expensive only for people earning legit.

Our polithieficians wouldnt blink to acquire properties there.

2 Likes

Re: Eko Atlantic Land Is Expensive. Price Is Same As Manhattan Island, USA by OALandAgents: 12:07pm On Apr 05, 2019
nice see my posting too
Rekeb:
When shopping for land in Eko Atlantic, you should have a deep pocket. The cost of land in this dream real estate location is only comparable to the price of land in Manhattan, USA. Cost of land in Manhatan Island remains one of the most expensive in the US.

According to Business Day Report.

Land price in Eko Atlantic is the highest of the various prime island locations in Lagos including Ikoyi, Victoria Island and Lekki. It is followed closely by Banana Island, the most exclusive residential location in Lagos.

Price per square metre of land in Eko Atlantic, estimated at $1,720 (about N523,000), is about 40 percent higher than the value of land in the neighbouring Victoria Island. That price compares favourably with land values in Manhattan City in the United States.

Manhattan real estate costs an average of $1,773 per square foot, which is also ahead of San Francisco, the next most expensive area on per-square-foot basis, according to NeighborhoodX, a real estate price tracking agent. Land price in San Francisco averages $902 per square foot.
Eko Atlantic is the single most ambitious and comprehensive mixed-use development plan to come on stream in the West African sub-region in recent times. Modelled after the Skyscraper District of Manhattan Island in New York City, Eko Atlantic is expected to be home to no fewer than 500,000 residents, with commuter volume expected to exceed 300,000 people daily.

Eko Atlantic land goes for $1,720/N530,000 per square metre while land in Victoria Island is selling at $1,244/N379,000 per square metre and Lekki at $681/N207,000 per square metre, but their prices have risen by 14 and 15 percent, respectively, in the course of last year. Oniru land, selling at $579/N176,000 per square metre, has grown by 7 percent over the year, while Banana Island has remained stable.

Get more details from http://www.nigeriaconstructionjournal.com/2019/04/05/eko-atlantic-land-price-is-same-as-manhattan-island-usa/
Re: Eko Atlantic Land Is Expensive. Price Is Same As Manhattan Island, USA by Onyeakusiemeka: 12:40pm On Apr 05, 2019
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Re: Eko Atlantic Land Is Expensive. Price Is Same As Manhattan Island, USA by Rekeb: 11:15am On Apr 06, 2019
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