Continental Civil, a Nigerian engineering and construction company, has joined forces with Qshelter, a leading real estate services firm, to launch Lagos 2004 Estate, a new residential project designed to reshape urban living in Lagos. The estate, modeled after the renowned 1004 Estate in Victoria Island, is set to deliver a modern and sustainable housing development with strong emphasis on design, accessibility, and affordability.
Located along Monastery Road near Novare Mall, Lagos 2004 Estate promises a balance of suburban calm and city connectivity, with easy access to Victoria Island via the Coastal Road in just over 20 minutes. The development is being positioned as an attractive option for Nigerians at home and abroad who are seeking quality housing with convenient access to the city’s commercial districts.
One of the defining features of the project is its innovative financing model, which seeks to make homeownership more attainable for prospective buyers. Payment options include a 50 percent initial deposit with the balance due upon delivery, as well as long-term mortgage plans of up to 20 years with single-digit interest rates. Buyers will also be able to access government-backed programmes such as the National Housing Fund, which offers loans at 6 percent, and the MREIF programme with 9.75 percent interest rates. Flexible and customised payment structures are also being introduced to suit individual financial needs.
According to Dare Makinde, Chief Commercial Officer of Qshelter, the Lagos 2004 Estate is more than just another housing development, as it represents a commitment to building sustainable communities that combine the prestige of the original 1004 Estate with the realities of modern urban living. He explained that Qshelter is not limiting its role to sales and marketing but is focused on ensuring a smooth homeownership journey by offering affordable financing solutions and long-term support for buyers.
Continental Civil brings to the partnership its proven expertise as one of Nigeria’s foremost construction companies. The firm is currently the lead developer in the federal government’s Renewed Hope Cities and Estates initiative, with major projects underway in Abuja and Kano. These include 2,800 housing units in Karsana, Abuja, 1,000 units in Janguza, Kano, and a 120-hectare estate in partnership with Nigerian Army Properties Limited in Asokoro Extension, Abuja, which will provide close to 2,000 residential units and serviced plots.
Qshelter, on its part, operates as a top digital real estate platform connecting buyers to verified properties and financing options, serving both the domestic market and Nigerians in the Diaspora with a focus on transparency and affordability.
The Lagos 2004 Estate is being positioned as a benchmark for future residential projects in Nigeria, with a model that prioritises community development, financial accessibility, and sustainable urban planning. The developers believe the project will set a new standard for real estate delivery in the country while meeting the evolving needs of urban residents.
