houses in Victoria Island are among the most expensive in Lagos. Annual rent runs ₦0 to ₦0. The limited supply drives prices up; very few standalone houses exist in VI compared to flats. Location within VI matters; houses near the waterfront or in established residential streets cost more. The premium reflects scarcity and the unmatched convenience of living where everything happens.

VI house options are limited but distinctive. Older colonial-era and post-independence houses with large compounds in established residential streets. Modern rebuilt houses with contemporary architecture on previously old plots. Semi-detached properties in organized mini-estates. Occasional terrace houses in newer developments. Most VI houses are being converted to commercial use or demolished for apartment blocks; the residential ones that remain are increasingly rare and valuable.

Furnished VI houses target corporate expats and wealthy returnees. Bare properties cost ₦0 to ₦0 per year. Furnished options with premium fittings add ₦3,000,000 to ₦8,000,000 more annually. At VI price levels, furnished often means professionally designed interiors with imported furniture and top-tier appliances. Some corporate houses come with vehicles and staff accommodation arranged.

VI houses usually have 24/7 security, backup generators, treated water, and staff quarters. Properties in organized residential pockets have maintained roads, CCTV, and estate management. Parking for multiple vehicles is standard. Newer builds include smart home features, central AC, and modern kitchen systems. The biggest amenity is location; everything from world-class restaurants to hospitals to shopping is minutes away on foot.

ExpertListing pre-verifies all listings. Given VI's high property values, take extra steps. Engage a property lawyer for expensive rentals. Verify the C of O through Lagos State Land Registry. Confirm the landlord's identity and authorization. Check for any legal encumbrances on the property. Review the tenancy agreement with legal counsel. Physically inspect using our map feature. Keep everything documented on ExpertListing.

If you can find one and afford it; yes; for certain lifestyles. A VI house gives you compound space, privacy, and room that no apartment can match. You can host properly, park multiple cars, and have staff quarters. The kids can play outside. But VI luxury flats have their own appeal; views, modern amenities, lower maintenance, building security. The house premium is significant for arguably less modern finishes. It comes down to whether you value space and privacy or modern convenience. For families, the house wins every time.