Neon Spheres
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Land & Apartments

Offices & Businesses

Restaurants & Cafes

Shopping

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A NEW PLANNED CITY

Alaro City is planned as a 2,000-hectare city within the North-West Quadrant of the Lekki Free Zone. The first 1,000 hectares have been master-planned by Skidmore, Owings & Merrill alongside local planners, Cityscape.

 

Alaro City is a similar scale and type as others in the developer's portfolio. The development site is located within the Lekki Free Zone, the largest free zone in West Africa. The site is adjacent to the approved location for the proposed Lekki International Airport and in close proximity to the deep sea port and a number of planned industrial developments.

 

 

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Invest In A Premier Collection

  • AFFORDABLE LUXURY

  • APARTMENTS HOTEL,

  • RESTAURANTS AND CAFÉS

  • SHOPPING AND MARKETS

  • OFFICES AND BUSINESS

  • PERFORMANCE AND EVENT SPACES

  • PARKS, WETLANDS AND BOARDWALKS

  • PIER AND MOORINGS

  • SCHOOL AND MEDICAL CENTRE

  • SPORTS AND LEISURE FACILITIES

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Investor's
FAQ

Can International Investors be considered?

Absolutely – all property investments are open to the global investor community. Customers based in China, South Africa, Nigeria, the United Arab Emirates and Saudi Arabia are among the highest proportion of investors.

 

Do You Provide a Management Service?

Yes – all our  investments are fully managed by our specialist in-house teams.

 

Do You Provide Exit Strategies?

We can help you to re-sell your investment through our dedicated re-sell market platform.

 

Which is Your Latest Development?

Our latest opportunities are spread across the globe – contact us for our latest availability.

What Makes it Unique?

This opportunity is attracting buyers from all over the world and is considered a wise Investment. 

 

Why Should I Choose this Development Over Other  Property Investments I’ve Seen?

Few other projects can boast a track record of delivery and success. For years, our global investors have continually bought from myResidential.

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INVEST IN THE NEXT BIG THING

The Zone is fast attracting local and foreign investors. The largest oil refinery in Africa, a fertilizer plant, petrochemical plant, and a sub-sea gas pipeline project is under construction by the African richest man, Alhaji Aliko Dangote, and valued at $17 billion. The largest Deep Sea Port in West Africa is also under construction opening up access for export to West Africa and beyond.

 

The Lekki Free Zone is regulated by the Nigerian Export Processing Authority and is subject to the laws of the Federal Republic of Nigeria.

The free zone receives a number of benefits targeted towards its developers and occupants.

  • Zero corporate income tax on Free Zone income

  • Zero withholding tax on dividends

  • Zero VAT on purchases made within the free zone

  • No customs duties on imports

  • Revenue collection in USD allowed in the Zone

  • No inspection of imports until arrival on-site in the Zone

  • Exemption from FX controls

  • Repatriation of foreign capital investment and gains in the Zone

  • Up to 100% foreign ownership of the business

  • No need for Company Expatriate Quotas

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Location

Image by Katrin Hauf