Off-Plan Property For Sale in Victoria Island Lagos
Browse through a list of off-plan properties for sale in Victoria Island, Lagos. Vala Homes currently have a total of 3 available off-plan properties for sale in Victoria Island. The lowest price of the off-plan properties is ₦237,099,747 while the highest price is ₦1,147,256,842. Available off-plan properties include Apartments, duplexes, pent-houses and maisonette. Choose between serviced hotel style properties and affordable properties. We have Off-plan listings for sale in Victoria Island across top locations including Eko Atlantic, Oniru etc.
Lekki
Lekki Phase 1
Lekki Phase 2
Ikate
Ikota
Osapa
Jakande
VGC
Victoria Island
Eko Atlantic
Oniru
Ikoyi
Old Ikoyi
Banana Island
Ikeja
Parkview Estate
New Ikoyi
Dolphin Estate
Ilubirin Estate
Opebi
Allen
Ojodu
Ogba
Ikeja GRA
Ajah
Sangotedo
Badore
Abraham Adesanya
Ajiwe
Ibeju-Lekki
Abijo
Lakowe
Bogije
Epe
Alaro City
Ketu
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Luxury three bedroom apartment (VI3BOP01)
Eko Atlantic city, Eko Atlantic City View Point, Bishop Oluwole Street, Lagos, NigeriaFrequently Asked Questions About Off-Plan Properties
What does "off-plan property" mean?
An off-plan property is a real estate project that is still under construction or yet to be built. Buyers purchase the property based on architectural plans, 3D renders, and proposed features.
Are off-plan properties cheaper than completed homes?
Yes, off-plan properties are generally more affordable than fully built homes. Buyers often benefit from early-bird pricing, developer incentives, and flexible payment plans spread over the construction period.
Is it safe to buy an off-plan property in Lagos?
Yes—if you’re buying from a reputable developer with a track record. Always verify the developer’s portfolio, land title documents, and government approvals. It is also advisable to use a trusted real estate consultant or legal advisor.
What are the risks of buying off-plan?
Common risks include project delays, changes in design, or in extreme cases, project abandonment. These can be avoided by thoroughly vetting the developer, ensuring escrow-backed payment structures, and signing clear contracts.
How long does it take to complete an off-plan project?
Most off-plan residential projects in Lagos take between 12 to 24 months, depending on the size, type, and location.
Can I get a mortgage for an off-plan property?
Yes. Some Nigerian banks and mortgage institutions provide financing for off-plan purchases—especially if the developer is pre-approved by the bank.
When do I start paying for an off-plan property?
Most off-plan deals begin with a down payment (usually 20–30%), followed by monthly or milestone-based installments until completion.
Can I customize my off-plan unit before completion?
Yes. Most developers allow buyers to customize certain aspects (e.g., tiles, fittings, kitchen layout) if requests are made early in the construction phase.
Do off-plan properties appreciate in value?
Absolutely. Off-plan homes often increase in value as the project nears completion—especially in high-demand areas like Lekki, Ikoyi, and Victoria Island.
Are there hidden charges in off-plan purchases?
You should watch out for additional costs like legal fees, documentation, infrastructure levies, and service charges. Make sure your contract outlines all expected fees.