Service charges in Ikoyi/VI can run ₦1.5M–₦5M per year — that's ₦125K–₦416K per month on top of your rent or mortgage. See the full breakdown: security, generator, maintenance, management before you buy or rent.
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Service Charge Calculator
Select country, estate tier, and apartment size to estimate charges
ESTATE / DEVELOPMENT TIER
Basic Estate
Simple gated community, minimal facilities
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Mid-Range
Security, generator, pool, gym
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Luxury Estate
Full-service, concierge, multiple amenities
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Monthly Service Charge
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Estimated range
Annual Service Charge
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Per year
Service charge as % of monthly rent—
Service Charge Breakdown
What Tenants / Owners Should Know
AI OBSERVATIONS
Smart Insights
Select a country and estate tier to get AI-powered insights on service charges and what to look out for before signing.
🔍 WHAT TO CHECK BEFORE BUYING
Always ask for the last 3 years of service charge statements
Check if there are any outstanding special levies or arrears on the unit
Generator fuel can be 30–50% of total service charges in Nigerian estates
SA body corporate: special levies require 75% owner vote
Ask if the estate has a Sinking Fund for major repairs — if not, expect future special levies
Confirm if service charges are capped or can increase without notice