For sale: Cash Generating Well Built One Bedroom Apartment

1 bedroom Block Of Flats For Sale Onigbongbo, Close Proximity To Major Landmarks, Airport, Sheraton And Many More Maryland Lagos selling for ₦25,000,000. See property details on PrivateProperty.ng or browse all our range of properties in Maryland Lagos

CARDIFF 5 – MARYLAND LEASE PROJECT
📍 Location: Onigbongbo, Maryland, Lagos
🏠 Lease Duration: 17 Years
💼 Ideal Use: Shortlet / Airbnb Investment
Apartment Options
Studio Apartment – ₦15M
1-Bedroom Apartment – ₦25M
Payment Plan:
50% Initial Deposit
3 Months Interest-Free
Up to 5 Months Plan (4% monthly interest after 3 months)
Shortlet ROI Projection

Studio Apartment:
₦40,000/day × 15 days = ₦600,000 monthly
Operational Cost (40%) = ₦240,000
Net Monthly Income: ₦360,000
Yearly: ₦4.32M

1-Bedroom Apartment:
₦60,000/day × 15 days = ₦900,000 monthly
Operational Cost (40%) = ₦360,000
Net Monthly Income: ₦540,000
Yearly: ₦6.48M

Capital Recoup Period
Estimated 4 years to recover capital — with 13 years of profit remaining.
Delivery Timeline
Fully Finished Units – March 2026