Luma Apartments
A premium serviced apartment development in Abule Ijesha, Yaba. Direct outright ownership, with a pre-launch offer open for just 3 units.
Front view
Left-side view
Right-side view
Back view
Rear view
Studio interior
One-bedroom interiorAbout the project
Luma Apartments is a premium serviced apartment development by SmartEase Properties Limited, located at 12 Bailey Street, Abule Ijesha, Yaba, Lagos, one of Lagos's fastest-growing residential and commercial districts.
Abule Ijesha sits as a high-yield gateway between the Lagos Mainland and Island markets, right next to UNILAG and YabaTech, with quick connectivity to the Third Mainland Bridge. This combination keeps demand from students, corporate tenants and shortlet guests consistently strong.
Luma Apartments pricing
Direct outright ownership. Pre-launch pricing, with the balance spread over six months, interest-free.
Payment terms: 6 months interest-free on the balance. Pre-launch pricing is limited to 3 units.
Shortlet investment analysis
Projected net income if managed as a shortlet by SmartEase Property Management.
The SmartEase Properties thesis
At Luma Apartments, we're offering investors direct ownership of a residential real estate asset within an established urban housing market. The investment case is built on the property's continuing residential utility, multiple income opportunities and flexibility of exit, not on assumptions of extraordinary price appreciation.
Our approach evaluates every opportunity against four fundamentals: total acquisition cost, realistic income potential, downside protection and potential exit value, built to support attractive economics without depending on aggressive rental assumptions or speculative future price growth.
In simple terms: own the asset, generate income, build equity, and retain the flexibility to hold, refinance or sell when the economics are favourable.
- Live in it
- Long-term rental
- Shortlet business
- Capital growth
Fully finished, fully serviced
Modern, fully equipped apartments designed for contemporary living and high rental demand, with dedicated parking, 24/7 security, a standby generator, smart locks, a laundromat, high-speed WiFi, an in-unit water heater, heat extractor and inverter room, plus a shared reception and workspace.
- Dedicated parking
- 24/7 security
- Standby generator
- Smart lock
- Laundromat
- High-speed WiFi
- Water heater
- Inverter room
- Shared workspace & reception
Related
Only 3 units at pre-launch pricing
Contact our investment team to secure a unit at Luma Apartments before the pre-launch offer closes.