Nigeria Property Centre
Ikoyi, Lagos

Area Guide

Ikoyi

Ikoyi, Lagos area guide: key facts, lifestyle, shopping, schools and average real estate prices in Ikoyi.

Browse 15,605 listings in Ikoyi
Active listings 15,605 Available in Ikoyi
Median rent (flats) / yr ₦38M Median flat rent / yr
Median sale (flats) ₦900M Median flat for sale
Estate agents 1,105 Listing in Ikoyi

Ikoyi, which is part of the Eti-Osa Local Government Area, is one of Lagos' most expensive neighbourhoods. Ikoyi was separated from the surrounding areas during the colonial period and designated as the Government Reservation Area (GRA). 

The decision to separate Ikoyi was made in response to a rule enacted to ensure that Europeans' residential areas were separated from the natives who lived there. Until the early years of Nigeria's independence, this rule was in place. 

Following that, Ikoyi was developed as a residential cantonment for the British expatriate community. Ikoyi still has some of these massive colonial mansions built between 1900 and 1950. 

Ikoyi lies to the east of Lagos Island and to the north of Victoria Island.

Ikoyi, Lagos Area Guide
Ikoyi Credit: wiki

Table of contents

7 chapters

What's inside this guide

01 Interesting Facts You may be aware that Lagos was once the Nigerian government's capital, but did you know that between 1966 and 1991, Ikoyi served as the seat of the Federal Government of Nigeria? 02 Leisure and Shopping Awolowo Road is home to the majority of Ikoyi's shopping malls. A high street with upscale shops and boutiques, privately owned businesses, cyber cafes, and so on can be found here. 03 Popular Estates If you ask anyone in Lagos State to name a popular estate, Parkview Estate or Osborne Foreshore Estate will undoubtedly come up. Apart from being peaceful, these estates also have excellent security and infrastructure. 04 Day Life You can learn about Nigeria's history and meet and interact with knowledgeable artists and curators at the museum. The bullet-riddled car from Murtala Muhammed's assassination, ancient royal crowns, carved ivory, and sophisticated handcrafted artefacts from all over Nigeria are among the works on display at The National Museum, which is located on Onikan Road in Ikoyi. 05 Night Life Ikoyi is one of the most popular nightlife areas in Lagos, with clubs and bars catering to a wide variety of tastes and lifestyles. At night, Awolowo Road in Ikoyi has some of the city's best-known nightclubs. 06 Schools Aside from the corporate world and leisure pursuits, Ikoyi is home to a number of prestigious and well-known primary and secondary schools. These schools have excellent infrastructure and ambiance, as well as a track record of academic success. 07 Real Estate What it costs to live in Ikoyi today

INTERESTING FACTS

Interesting Facts

Interesting Facts
Ikoyi Federal Secretariat. Credit: The Guardian

You may be aware that Lagos was once the Nigerian government's capital, but did you know that between 1966 and 1991, Ikoyi served as the seat of the Federal Government of Nigeria? 

The Federal Secretariat was a massive 15-story building in Ikoyi before the country's federal capital was relocated to Abuja. The structure is currently abandoned and only a shadow of its former self. 

On the brighter side, the former governor of Lagos State, Senator Bola Tinubu and the richest woman in Nigeria, Folorunsho Alakija, to mention a few, have houses in Ikoyi. Folorunsho Alakija’s mansion in Ikoyi is reported to be Nigeria's most expensive home. Ikoyi is also one of the areas in Lagos with the most rainfall, with annual rainfall often exceeding 300 ccm. 

Furthermore, the Ikoyi Bridge, which connects Lekki Phase 1 and the Ikoyi district of Lagos, is a popular bridge that is frequently featured in Nollywood films when the most serene part of Lagos is desired. It's also one of the most popular places for people to go for a morning run. It is a cable-stayed bridge with a length of 1.36 kilometres.

LEISURE AND SHOPPING

Leisure and Shopping

Leisure and Shopping
Ikoyi Falomo Shopping Centre. Credit: dailypost.ng

Awolowo Road is home to the majority of Ikoyi's shopping malls. A high street with upscale shops and boutiques, privately owned businesses, cyber cafes, and so on can be found here.

After a week of hustling and bustling, it is imperative to take time for leisure and, on occasion, shopping. Ikoyi Shopping Mall, Falomo Shopping Centre, Pees Gallerian Shopping Mall, SPAR, and Glover Lifestyle Mall are some of the places to visit in Ikoyi.

A cafe, flower shop, beauty studio, and other shops can be found in the Ikoyi shopping mall. The Falomo Shopping Centre has local fashion, arts and crafts, restaurants, and other businesses.

POPULAR ESTATES

Popular Estates

Popular Estates
Ikoyi Parkview Estate. Credit: Parkview Residents Association

If you ask anyone in Lagos State to name a popular estate, Parkview Estate or Osborne Foreshore Estate will undoubtedly come up. Apart from being peaceful, these estates also have excellent security and infrastructure.

Parkview Estate is a posh Ikoyi neighbourhood. It is mostly residential and is bordered by Gerrard Road and Banana Island. Some private companies, however, have offices and guest houses on the estate. Parkview is a mixed-income community comprised of well-respected and upper-class residents. In Parkview, there are approximately 400 structures, with more under construction.

Osborne Foreshore Estate (phase 1) is a highbrow gated community located on Osborne Road in Ikoyi. It is one of Nigeria's most expensive places to live. The estate includes amenities such as paved roads, street lights, adequate drainage, and a public park. Non-residents are not allowed into the estate until they have been cleared at the gate by their host. The estate's houses are mostly duplexes, but there are also serviced apartment blocks on the grounds.

Abacha Estate and Dolphin Estate are two other estates in Ikoyi.

DAY LIFE

Day Life

Day Life
Nigerian National Museum. Credit: Dream Africa

Ikoyi is home to a slew of national and international corporations. Ikoyi marriage registry, NDLEA office, EFCC office, British American Tobacco, Google Nigeria, UN subsidiary offices, and others are among them.

The National Museum, which is located on Onikan Road in Ikoyi, is one of the country's most popular museums. Kenneth Murray, an English archaeologist, founded it.

You can learn about Nigeria's history and meet and interact with knowledgeable artists and curators at the museum. The bullet-riddled car from Murtala Muhammed's assassination, ancient royal crowns, carved ivory, and sophisticated handcrafted artefacts from all over Nigeria are among the works on display.

Art lovers can also visit galleries such as Omenka Gallery, Ogirikan Art Gallery, Thought Pyramid Art Centre, and The Studio.

Anyone interested in seeing a movie, passing the time, or simply having a good time can go to the Filmhouse Cinema in Ikoyi Osborne. And for those who enjoy going to outdoor movie theatres, De Picnic Master is the best option.

Chicken Republic, Ikoyi is the place to go if you're looking for a restaurant that serves delicious meals and snacks at a reasonable price. Their menu includes jollof rice, fried rice, chicken and chips, and more.

Another restaurant where you can eat healthy without breaking the bank is 'The Place'. They serve a wider variety of foods, including native cuisine. Da Vinci Restaurant serves excellent Italian cuisine on its own.

The Roots restaurant and bar, Zolene restaurant, Samantha bistro and grill, Glover's court suya spot, The Village Grille, The Yellow Gate, China Wok, Bukka Hut, and others are among the other restaurants.

Ikoyi is home to some of the most popular social and golf clubs in the city. Swimming, lawn tennis, table tennis, snooker, and a pool are just a few of the sports and relaxation options available at the Ikoyi Golf Club. The club's main amenities include bars and kitchens, a library, a gym, and a massage parlour.

Osborne Recreational Park, The Garden Ikoyi, Falomo Garden, and Dolphin Park are just a few of the parks in Ikoyi where you can get a taste of nature, go for a walk, meet new people, or even have a picnic.

For facials, scrubs, body treatments, and a nice massage in a calm environment, then you can choose to visit BMS Spa, Oasis Medspa, Kellystouch Spa, Priscillas's Pride Day Spa.

NIGHT LIFE

Night Life

Night Life
Lagos Jet Ski Riders. Credit: Tripadvisor

At night, Awolowo Road in Ikoyi is one of the busiest roads on the island. 

Even during the week, people can be found unwinding in Ikoyi's various clubs and bars. Lagos Jet Ski Riders, Cocoon, Club 57, The Creekside Lounge and Bar, and others are among these clubs and bars.

SCHOOLS

Schools

Schools
Lagos Preparatory School, Ikoyi. Credit: World orgs

Aside from the corporate world and leisure pursuits, Ikoyi is home to a number of prestigious and well-known primary and secondary schools. 

The Foreshore School, Meadow Hall School, Le Posh School, and Heritage House School are just a few of them. These schools have excellent infrastructure and ambiance, as well as a track record of academic success. 

If you are looking for Africa’s most highly accredited British school, it is the Lagos Preparatory School (LPS) in Ikoyi, which also has a secondary school. Bridge House College, Holy Child College, Lagos Brownsville College, Lagos Greenwood High School, St Gregory's School, Corona School, and other schools are among the others.

Real Estate

Real estate

Do you want to know how much it would cost to live in Ikoyi? Here are the average property prices in Ikoyi, Lagos.

Some available property in Ikoyi

6 Units of Newly Renovated 3 Bedroom Spacious Apartments with BQ
Premium
24
₦20,000,000

Flat / apartment for rent

6 Units of Newly Renovated 3 Bedroom Spacious Apartments with BQ

6 units of Newly Renovated 3 Bedroom Spacious Apartments with BQ in Parkview Estate, Ikoyi, Lagos Sometimes, you don't need a home that tries too hard to impress. You just want to walk in and feel freshness, space and peace. That is the feeling behind these six newly renovated three-bedroom apartments in Parkview Estate, Ikoyi. Everything feels newly considered --- from the refreshed interiors to the generous rooms and fitted kitchens. The apartments give you the comfort of a proper family home, while the surrounding compound gives you something equally important in Lagos: space to breathe. Each apartment offers three spacious en-suite bedrooms, giving every room its own privacy and making the home particularly comfortable for a family. The fitted kitchen keeps the heart of the home neat and functional, while the balconies give you somewhere to step outside, catch some air or simply enjoy a quiet moment. There is also a BQ, alongside ample parking within the compound. And because the apartments have just been renovated, there is that satisfying feeling of moving into somewhere that feels fresh, clean and ready for you. The compound is spacious, clean and well secured. There is room for the children to move around, room for cars without everything feeling crowded, and enough breathing space around the building to give the property a proper residential atmosphere. It feels less like a busy apartment block and more like a place where you can actually settle in. There are 6 units available, each offering the same three-bedroom configuration. For someone looking for a home that feels fresh without feeling cold, spacious without feeling excessive, and peaceful without being disconnected from the city --- this one is worth seeing. ️ For enquiries, inspection & further details, please contact us. Property features: Bq Newly renovated Spacious en-suite rooms Fitted kitchen Balconies Ample parking Spacious compound. Clean and well secured. Rent: N20,000,000 (each) Caution: 10% Agency: 10% Legal: 10% Self serviced. Image Code: CPP RR574 To schedule a viewing, send a dm or call +234 813 868 2907 or +234 911 064 9112

Parkview, Ikoyi, Lagos Added today
3 3 4
Casa Prime Realty
4 Bedroom Detached Duplex with Pool and Gym
Premium
20
₦80,000,000

Detached duplex for rent

4 Bedroom Detached Duplex with Pool and Gym

A brand-new 4-bedroom detached duplex in Ikoyi --- never lived in! If space, privacy, comfort and premium living are what you're looking for, this is one property you need to see. Welcome to this brand-new, never-before-occupied 4-bedroom detached duplex with a BQ, located in a serene and highly secured estate in Ikoyi, Lagos. From the moment you step into this home, one thing is immediately clear, space was not compromised. You have a very spacious parking area accommodating up to four cars, a beautifully interlocked compound, proper drainage and a well-planned environment with no flooding concerns. Step inside and you're welcomed by beautifully finished interiors, spacious living areas and an abundance of natural light and ventilation. Every bedroom is en-suite, generously sized and designed with comfort in mind. And yes --- every room comes with its own balcony, giving you that extra outdoor space and excellent ventilation. The master suite takes it a step further, featuring a spacious private balcony, a walk-in closet and a beautifully fitted bathroom with both a Jacuzzi and a walk-in shower. The kitchen is fitted and functional, with ample storage, while the bedrooms come with fitted wardrobes. And for those who work from home, there is a dedicated home office --- giving you a quiet and private space to work without compromising the comfort of the rest of the house. Outside, you have your own private swimming pool, a gym house, and a spacious compound that gives you the privacy and freedom expected from a detached home. The property is semi-furnished, with fitted wardrobes, fitted bathrooms and a fitted kitchen already in place. And when it comes to infrastructure and security, you have: - 24-hour electricity - Potable water supply - 24-hour security - Standard drainage system - Interlocked estate roads - Secure and serene environment - No flooding The property comes with a Certificate of Occupancy (C of O) and is available for rent at: ₦80 Million per annum Service Charge: ₦3.4 Million If you've been looking for a brand-new detached home in Ikoyi with generous living spaces, private outdoor amenities, excellent infrastructure and the privacy of a secure estate, this deserves your attention. 4 Bedrooms Detached Duplex BQ Private Pool Gym Home Office Spacious Parking Multiple Balconies Brand New Ikoyi, Lagos For enquiries, private inspection and further details, send a DM or contact Axiom Realty today.

Banana Road, Ikoyi, Lagos Added yesterday
4 4 5 4
Axiom Realty and Investments Limited
Exquisite Furnished 3 Bedroom Apartment
Premium
10
₦700,000,000

Flat / apartment for sale

Exquisite Furnished 3 Bedroom Apartment

For sale 3 bedroom apartment Boudillon, Ikoyi 650M Newly Interlocked road 6 battery inverter 2 diesel generator Reverse osmosis water system 2 storey building (property on second floor) New commission road Zero flooding ( new built drainage system) furnished unit 700M

Bourdillon, Ikoyi, Lagos Added yesterday
3 3 4
Tory's Realty
Luxury 4 Bedroom Maisonette
Premium
9
$2,500,000

Flat / apartment for sale

Luxury 4 Bedroom Maisonette

For sale 4 Bedroom maisonette: $2.5million Location: Ikoyi Title: CofO Dtom

Ikoyi Lagos, Ikoyi, Lagos Added yesterday
4 5 5
Goldencrown Real Estate Nigeria and Interior Decor
3 Bedroom Furnished Waterfront Flat
Premium
1
₦60,000,000

Flat / apartment for rent

3 Bedroom Furnished Waterfront Flat

The Bellagio Residence Banana Island An exquisite fully furnished 3-bedroom waterfront residence with boys' quarters Experience the pinnacle of luxury waterfront living in one of Banana Island's most prestigious residential addresses. Positioned on the 4th floor, this exceptional residence offers elevated panoramic waterfront views, expansive living spaces, and an atmosphere of absolute privacy, elegance, and comfort. Designed for discerning individuals who appreciate refined architecture, premium finishes, and a serene lifestyle, this apartment seamlessly blends sophistication with functionality. Rental Details - Annual Rent: ₦60,000,000 - Service Charge: ₦8,000,000 (inclusive of diesel deposit) - Agency Fee: 10% - Legal Fee: 10% - Caution Deposit: 10% Residue Features - Fully furnished with premium-quality interiors - 3 generously sized ensuite bedrooms - Self-contained boys' quarters (BQ) - Spectacular waterfront views - Expansive living and dining areas - Fully fitted contemporary kitchen - Elevator access - Swimming pool - Ample parking - 24/7 security within a secure, private environment - Peaceful and exclusive waterfront setting This residence offers a rare opportunity to enjoy Banana Island's signature luxury lifestyle, where breathtaking water views, exceptional comfort, and world-class residential amenities come together in perfect harmony. For private viewing and exclusive leasing inquiries & closure, dm me. Oladele

The Bellagio Residence, Banana Island, Ikoyi, Lagos Added yesterday
3 4 4
Flowtouch Properties