Ikoyi, located in Eti-Osa Local Government Area, Lagos, is one of the city’s most luxurious locales. There’s no question that this neighborhood has its special allure as it is thought to have the most expensive real estate on the entire African continent. Boasting of one of the highest average house prices in the county with the average home setting you back $75,000, the residents of Ikoyi are certainly well off, including the very wealthy, expatriates staffs and high-class professionals.