Hotel-Managed Apartments in Reportage Tower, Victoria Island

Reportage Tower is a 27-floor, 611-apartment hotel development on Ozumba Mbadiwe Avenue, Victoria Island, Lagos. You own your apartment outright while an international hospitality operator runs it as part of the hotel, so you earn from guest stays without managing tenants, bookings or maintenance.

It is developed by Reportage Group of the UAE in joint venture with the Lagos State Government through the Lagos State Development and Property Corporation (LSDPC), under an agreement signed on 17 October 2025. The development title is a Lagos State Certificate of Occupancy (CofO). One-bedroom apartments start from $201,250 (about ₦276.7m), with 25% off when you pay in full within 3 months. Studios and one-bedroom lagoon-view apartments are now sold out, and only limited one-bedroom city-view units remain.

Apartments and prices

Apartment	Approx. size	City view	Lagoon view
Studio	—	Sold out	Sold out
1 Bedroom	62 sqm	$201,250 – $228,850 Limited units available	Sold out
2 Bedroom	92 sqm	$304,750 – $343,850	$313,950 – $361,100
3 Bedroom	122 sqm	—	$425,500 – $487,600

Payment plans

Plan	Discount	Payment
Pay in full	25% off	20% deposit on signing, balance within 3 months
Plan A	10% off	Spread over 28 months
Plan B	7.5% off	Spread over 28 months
Plan C	5% off	Spread over 28 months

How you earn

Guests book and pay for stays; the hotel deducts operating costs and management fees; your owner’s share is paid under the hotel management agreement. The project has a projected annual return of 18%–22%, subject to hotel performance. For example, a $201,250 one-bedroom at $400 a night and 70% occupancy produces about $40,800 a year for the owner after costs (about 20%). Projections are not guarantees. Read our full investor guide to hotel-managed apartments in Lagos.

Owner benefits

• Full ownership of your apartment, backed by the development’s CofO
• Hands-free income: the hotel handles bookings, housekeeping and maintenance
• Complimentary owner stays each year, subject to the owner-stay terms
• Right to sell or transfer your apartment
• Prime Victoria Island address with business, corporate and visitor demand

Amenities

• Infinity pool and landscaped podium terrace
• Grand lobby and hotel concierge
• Gymnasium and jogging track
• Business lounge, café and conference centre
• Retail areas, kids’ play area and childcare
• Podium parking, 24/7 security, housekeeping and facility management

Project details

Location	Ozumba Mbadiwe Avenue, Victoria Island, Lagos
Developer	Reportage Group (UAE) with the Lagos State Government (LSDPC)
Title	Lagos State Certificate of Occupancy (CofO)
Type	Hotel-managed apartments (off-plan)
Scale	611 apartments, 27 residential floors, plot about 5,689.6 sqm
Views	City and lagoon
Stated delivery	28 months
Construction	Piling under way, September 2026

Request the buyer pack

Call or WhatsApp 0912 406 9711 for the current price list, availability and payment schedule. We obtain the hotel management agreement, fee schedule and title documents and review them with your lawyer before you reserve. Images are architectural visualisations unless stated.