Fadeyi · Yaba · Lagos

Lagos pays monthly. So should your property.

Falcon is a building of furnished one-bedroom apartments in Fadeyi, Yaba, let by the month to working professionals. You can own a single unit or a two-unit portfolio. A professional management team finds the tenants, collects the rent and pays you.

TWO-UNIT PORTFOLIOS FROM₦232M30% DOWN · REGISTERED TITLE
ARTIST'S IMPRESSION · 3D
1 or 2 UnitsPer purchase
60 m²One-bedroom
RegisteredConveyance & survey
ManagedTenants, rent & upkeep
Dec 2027Completion
The opportunity

Lagos professionals are paid every month. Their landlords still want two years upfront.

Falcon was built to close that gap. It offers well-finished, furnished homes close to work, with rent paid monthly, the way tenants earn. And you own the apartments in it.

The building

Calm to come home to. Easy to let.

Artist’s impression of the Falcon building and gated entrance
CHAPTER 01 · ARRIVAL

Gated, watched, always powered.

A controlled entrance, resident parking, CCTV, 24/7 backup power and treated water, with every common area managed for you.

Artist’s impression of a Falcon living room
CHAPTER 02 · THE LIVING SPACE

Thirty-two square metres to unwind.

Open living and dining with sculpted feature lighting, full-height curtains and air conditioning.

Artist’s impression of a Falcon bedroom
CHAPTER 03 · THE BEDROOM

Made for a working life.

A desk, a wall-mounted TV and warm cove lighting, with an en-suite shower room and a separate guest WC.

Artist’s impression of a Falcon kitchen
CHAPTER 04 · THE KITCHEN

Ready for a tenant on day one.

A fitted kitchen beside the living room. Part-furnished units also come with a TV, two ACs, a bed, couches, a fridge and a gas cooker.

The plan · One floor, one portfolio
Floor plan of two mirrored 60 square metre one-bedroom units either side of the stair core

Two mirrored 60 m² one-bedroom units sit either side of the stair core, and that pair is one portfolio, and you can also buy just one of the two. Each has a 32 m² living and kitchen space, a 15 m² bedroom, a 5 m² en-suite and a 3 m² guest WC.

Images are artist’s impressions. Areas are taken from the architect’s drawings.

On site · Not a render

Ground has been broken.

Construction on Akorohunsayo Street began in September 2026. These are real photographs from the groundbreaking, so you can see the project is already moving.

The groundbreaking team in hard hats with shovels on the Falcon site
The first ground
Two members of the project team with shovels at the groundbreaking
Shovels in the ground
The team talking on site under umbrellas at the groundbreaking
On site, rain or shine
Watch · 1 minute

From the ground up.

A walk through the site as it stands today: the groundbreaking, the cleared plot and what the finished building will look like. Turn the sound on.

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88%OF LAGOS RENTERS PREFER MONTHLY
₦9–11MEST. RENT PER UNIT, PER YEAR
12.27COMPLETION

“Your tenants pay monthly. You only have to decide once.”

2021 survey of 1,389 Lagos residents (851 of them working professionals). Rent is a market estimate and is not guaranteed.

The investment

Executive One-Bedroom Portfolio.

Two 60 m² one-bedroom units at early-phase prices. A single unit can also be bought, so ask us for its price. The studio portfolios are sold out.

PART-FURNISHED · 2 UNITS
₦278M
Est. gross rent₦18M–₦22M / yr
Est. gross yield6.5%–7.9%
30% deposit₦83.4M
Outright, 4% off₦266.9M
UNFURNISHED · 2 UNITS
₦232M
Est. gross rent₦18M–₦22M / yr
Est. gross yield7.8%–9.5%
30% deposit₦69.6M
Outright, 4% off₦222.7M
OutrightPay 100% and get 4% off the list price.
6 months30% deposit, then the balance in 6 monthly instalments, with no premium.
8 months30% deposit, then the balance in 8 monthly instalments, with a 3% premium.

A 5% legal and documentation fee applies. The management fee is 12% of gross rent. Rent estimates assume 85% stabilised occupancy and are not guaranteed. Gross yield is annual gross rent divided by the list price.

How it earns

You own it. It’s managed for you.

  1. 01You buy a unit or a portfolioOne unit, or two units on one floor, part-furnished or unfurnished.
  2. 02Falcon is completedCompletion is December 2027, with handover in March 2028.
  3. 03It gets letEach unit is let monthly to working professionals.
  4. 04You get paidThe management team collects the rent and maintains the units, then pays you, keeping a 12% fee.
The address

Why Fadeyi, Yaba.

12 Akorohunsayo Street, just off Ikorodu Road, on the mainland’s main employment corridor. Tenants who live close to work spend less time in traffic, and that keeps units let.

8 minto LUTH, one of Lagos’s largest employers of doctors and health workers.
10 minto the Yaba tech district and its startups and offices.
12 minto Third Mainland Bridge, the road to the Island.
15 minto Victoria Island and to the Secretariat at Alausa.

Drive times as stated by the developer. They vary with traffic.

Whether you’re…

Building rental income

One or two units earning monthly rent, with tenants, collection and maintenance handled for you.

Investing from abroad

Lagos property you never have to manage, with digital documents and site updates until handover.

Moving on from shortlets

Steady professional tenants instead of nightly guests, so there are no bookings to chase and no empty weekdays.

The title

Clean title.

Registered Conveyance and survey plan.A 2026 search at the Lagos State Lands Registry found no encumbrances on record.

Every enquiry is handled privately. Your interest is never shared with other buyers or the market.

Private enquiry

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Leave your details and an advisor will send you the full brochure, the title documents and the payment schedule on WhatsApp, and answer any questions.

01 · ABOUT YOU
02 · YOUR PLANS
Which portfolio interests you?
How would you pay?
Timeline
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Questions investors ask.

Is the rental income guaranteed?

No. Rent depends on the market. Current benchmarks put a one-bedroom at ₦9M–₦11M a year, and projections assume 85% stabilised occupancy.

Why is it sold as two units?

Falcon is part of a 100-unit rental portfolio. Selling units in portfolios keeps management efficient and protects every owner’s returns. It is also possible to buy just one unit.

Who manages it, and what does it cost?

A professional management team runs the units unless you choose otherwise, and its fee is 12% of gross rent. A service charge covers security, CCTV, water treatment, cleaning, waste, common areas and backup power.

Are there costs on top of the price?

Yes, a 5% legal and documentation fee. Every charge is disclosed before you sign the Sale Agreement.

Can I resell before completion?

Yes, subject to the project’s documentation and transfer procedures.

Will the price go up?

Today’s prices are an early-phase offer and will be reviewed as construction progresses.

Property that pays the way Lagos is paid. Is it right for your portfolio?

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