Monthly budgeting for Ikoyi self contain means planning for rent that ranges from ₦2,500,000 to ₦65,000,000 annually. Budget options at ₦2,500,000 yearly work out to lower monthly rates, while premium properties at ₦65,000,000 command higher monthly costs. Service charges add to monthly outlay for estate maintenance and shared facilities. Electricity costs vary on prepaid meters. Generator backup through service charges adds to expenses. The premium pays for quiet, safety, and reliable infrastructure. Transportation is a factor; Ikoyi isn't near major transport hubs, so factor in commute costs if you work on the Island. Browse ExpertListing to see current market rates and plan accordingly.

Yes, you can cook in self contain, but the setup varies. Some have small separate kitchen spaces with counter, sink, and space for a cooker. Others have cooking corners within the main room where you set up a hot plate or burner. A few properties just give you an empty area to arrange your own portable stove. In Ikoyi, many self contain in older compounds have basic but functional kitchen setups. You won't get full-size kitchens like in flats, but you can manage daily cooking if you're organized. Gas cylinders are your responsibility; most people use small portable cylinders. Always check the kitchen situation during viewing; 'kitchenette' means different things to different landlords. ExpertListing descriptions clarify what's actually provided.

Furnished self contain in Ikoyi exists but is less common than in VI. When available, furnished costs ₦1,000,000 to ₦3,000,000 more annually than unfurnished options. You're paying for quality furniture, kitchen equipment, sometimes electronics, and the convenience of moving in immediately. Unfurnished means completely empty; you provide everything. Given Ikoyi's established nature, most residents here are long-term and prefer their own furniture. If you need furnished, start your search early. Use ExpertListing's filters to see what's currently available in both categories.

Ikoyi is one of Lagos's safest neighborhoods for self contain living. Estate security is tight, roads are well-lit in most areas, and the general environment is calm. You can move around at night within estates without major worry. The area attracts diplomats and old money families, so security standards are high. Most self contain are in compounds with gates and security personnel. Street crime is rare compared to other Lagos areas. Women living alone feel comfortable here. That said, basic security sense still matters; lock doors properly, know your neighbors, don't flash valuables. The quiet residential character means fewer people on streets at night, which feels either peaceful or isolated depending on your preference. Overall, Ikoyi is among the safest choices for self contain in Lagos.

Every landlord on ExpertListing undergoes verification before listing, and you'll see verification badges on each property. Still, protect yourself by taking these steps. First, use our map feature to schedule a physical viewing and confirm the property exists. Second, request the C of O or Governor's Consent and verify it's genuine through official channels. Third, confirm the landlord's ID matches property ownership documents exactly. Fourth, never hand over rent money without a signed tenancy agreement stating clear terms. Fifth, keep all conversations on ExpertListing's messaging system for your protection. Following these steps eliminates most Lagos rental fraud.

Young bankers can realistically manage Ikoyi self contain if they prioritize location and environment over savings. Budget options start at ₦2,500,000 annually while premium properties reach ₦65,000,000. Ikoyi gives you proximity to VI banking jobs; 15-20 minutes commute instead of 2 hours from Ajah. You're living in Lagos's most established neighborhood; safety, infrastructure, and environment are top-tier. The trade-off is limited social life; Ikoyi is quiet and residential, not where young people hang out. If you value peaceful environment, short commute, and prestige address, it works. If you want vibrant social scene and more disposable income, Lekki Phase 1 or Jakande offer better balance. Ikoyi suits bankers who are serious about career, value sleep over nightlife, and can afford the premium.