BURGUNDY CONDOTEL
Warm, bold and profitable. A lifestyle that lives beautifully and earns effortlessly.
Project Overview
Burgundy Condotel represents Crayon’s bold, warm and expressive design language. It is built as a dual-purpose development: a home for modern residents and a profitable short-let investment for owners seeking strong recurring income.
With its deep, warm palette and hospitality-inspired amenities, Burgundy is designed to deliver both lifestyle and financial value, a true evolution of Crayon’s vision.
Key Features
1-bedroom units, 2 and 3 Pent Apartments
Short-let optimized design and furnishings
Secure access control
Parking and facility management
Investor-friendly rental model
Stakeholder Involvement
Crayon Development – Concept, development & project management
Impact & Expected Value
Strong demand for short-let investment in Lekki Phase 1
Units projected to achieve above-market occupancy
Development adds hospitality-grade residential stock to a high-growth area
Designed to become one of Lekki’s most recognizable mid-rise condotels
Project Details
Lekki Phase 1, Lagos
Ongoing
Condotel (Live + Earn development)
Expected Completion: 2027
Project Timeline
2024
Concept finalization
2024
Construction began
8th floor
Current stage
2027
Expected completion
