The Cavalli Group, a prominent leader in diverse economic sectors such as real estate, consultancy, facility management, construction, infrastructure, and energy, has commenced the construction of The Bellagio Lagos, a luxurious high-rise residential facility located on Ahmadu Bello Way, Victoria Island, Lagos.
According to the promoters of the project, The Bellagio Lagos features sophisticated designer apartments, crafted to redefine the luxury living experience with impeccable attention to detail and unparalleled quality. It has been heralded as a landmark that will soon grace the Lagos skyline.
At the ceremony, Emmanuel Odemayowa, Group Managing Director of the Cavalli Group, outlined the project’s two-phase plan. “The first phase, for which the foundation was laid, includes The Bellagio Lagos residence, also known as ADRAO Tower. It will feature nine suspended floors, with a recreational ground floor and residential apartments on the upper floors. The second phase, the main Bellagio, will comprise a hotel, additional apartments, and office spaces, and will be situated in front of our current show office. Construction of this phase will commence soon,” Odemayowa said.
The Bellagio will consist of three iconic 10-floor towers, each offering a blend of space, comfort, functionality, and world-class amenities. These include a rooftop helipad, swimming pool, spa, 24/7 security surveillance, multi-sport court, fully equipped gym, and fully fitted kitchens. Additional amenities feature a 5-star café and restaurant, interiors by Roberto Cavalli, custom Italian bathroom designs, and panoramic views of the ocean and city.
“The Bellagio Lagos is a unique development that promises its residents a blend of world-class amenities and a perfect balance between tranquility and dynamic urban living. The apartments range from luxury two and three-bedroom units to five-bedroom maisonettes, encompassing 60 exclusive residences: 36 two-bedroom units, 18 three-bedroom units, and 6 five-bedroom maisonettes. Each apartment offers expansive living spaces strategically positioned to maximize panoramic ocean and city views,” Odemayowa revealed.
Odemayowa emphasized, “The Bellagio Lagos is designed for those seeking a new standard of urban living, a beautiful home with incomparable views, built to endure. The façade of each tower ensures energy efficiency and adaptability to climate conditions. No expense has been spared in designing top-notch services for residents to relax and unwind, with the city at their fingertips.”
For savvy investors, The Bellagio presents an unparalleled investment opportunity, thanks to its prime location and the commercial vibrancy of its vicinity. “The Bellagio brand stands for prestige. Our goal in Nigeria is to uphold this brand’s reputation, make a significant impact, deliver value, ensure investor returns, and provide exceptional living experiences. Known globally for its hospitality, Bellagio Lagos will offer hotel-branded apartments, promising residents a permanent vacation experience,” Odemayowa stated.
He highlighted the benefits of owning an apartment at The Bellagio Lagos, including high rental yields significantly above traditional rates, up to 100% occupancy due to high commercial activity, and easy access to key city spots. Investors can also expect consistent revenue from Airbnb/short-let income, as well as significant capital appreciation and returns on investment.
This project, the latest in Cavalli Group’s history of luxurious and meticulously designed apartments, aims to set new standards in luxury living and investment opportunities within the real estate sector.