Nigeria Property Centre

Serviced Flats for Rent in Banana Island, Ikoyi, Lagos

There are 425 flats for rent in Banana Island as of 20 Aug 2026, with an average price of ₦45M. Every listing is posted by an estate agent or developer you can contact directly — filter by price, type, furnishing and recency to find the right home.

Premium Plus Top promoted listing
3 Bedrooms Waterfront Apartments with BQ
25 photos
₦50,000,000 /yr

Flat / apartment for rent

3 Bedrooms Waterfront Apartments with BQ

Come experience our new 5Star apartment, boasting a spectacular waterfront view, furnished with the most exceptional & impressive interiors, located in the heart of Banana Island, A neighborhood that exudes opulence & grandeur off the foreshore of Ikoyi, Lagos, Rated by Forbes as one of the most expensive & exclusive residences in Africa, They say, "A picture is worth a thousand word" Wonder if these tell a story as we turn a new chapter in the business of luxury, You be the judge. 1year Rent - 50m Service Charge - 5m Agency - 10% Legal - 10% Caution - 5% Note: for clients who are looking to get long leases, this apartment can go as low as 45m annually.

Banana Island, Ikoyi, Lagos
3 Beds 3 Baths 4 Toilets 2 Parking

Colmond Enterprise LTD

Luxury 3 Bedroom Apartment with BQ, Pool, Gym, Squash — Banana Island, Ikoyi, Lagos
Premium
5
₦70,000,000 /yr

Flat / apartment for rent

Luxury 3 Bedroom Apartment with BQ, Pool, Gym, Squash

Direct corporate clients preferable Luxury 3 bedroom apartment with bq, swimming pool, gym, tennis court, etc in Banana Island Estate Ikoyi Rent: N70M per annum X 2 years minimum Exclusive of service charge and closing fees In your best interest, deal with widely known and trusted real estate professionals. Call Prince Ademola Osinuga International now to pay and move in immediately

Banana Island, Ikoyi, Lagos Added today
3 beds 3 baths 4 toilets 2 Parking
Prince Ademola Osinuga International
Spacious 2 Bedroom Penthouse Flat with a BQ — Banana Island, Ikoyi, Lagos
Premium
13
₦35,000,000 /yr

Flat / apartment for rent

Spacious 2 Bedroom Penthouse Flat with a BQ

Spacious 2 bedroom penthouse flat with a bq located in Banana island, Ikoyi Rent: 35M Service charge: 6M inclusive of diesel. Ensuite bedrooms Open plan and fitted kitchen Garden Pool Gym Basement parking 24hrs power and security

Banana Island, Ikoyi, Lagos
2 beds 2 baths 3 toilets 2 Parking
Hovel Nigeria Limited
Furnished 3-Bedroom Flat with a Room BQ in a Serene Location — Banana Island, Ikoyi, Lagos
Premium
1
₦60,000,000 /yr

Flat / apartment for rent

Furnished 3-Bedroom Flat with a Room BQ in a Serene Location

Furnished 3-Bedroom Flat with a Room BQ Available for Rent Location: Banana Island Rent: ₦60,000,000 per annum Agency Fee: 10% Legal Fee: 10% Caution Fee: 10% Service Charge: ₦7m Features: -24hr power supply -24/7 security -Elevator -Fitted Air Conditioning System -Fully fitted Kitchen -Swimming Pool -Gym -General Lounge -One BQ per unit -Guest Toilet

Banana Island, Ikoyi, Lagos Added yesterday
3 beds 3 baths 4 toilets
Roxyland Realty Constructs LTD
Premium 4-Bedroom Apartments — Banana Island, Ikoyi, Lagos
Premium
1
₦50,000,000 /yr

Flat / apartment for rent

Premium 4-Bedroom Apartments

For lease 4-bedroom apartments banana island, ikoyi Location: Banana Island, Ikoyi Rent: ₦50,000,000 per annum Premium 4-bedroom apartments available for lease in the prestigious Metave Apartments, located within the highly secure Banana Island Estate. Property Features: Spacious 4-bedroom apartments All bedrooms en-suite Boys' Quarters (BQ) Located across three floors in a two-wing development Swimming pool Elevator (Lift) Standby generator Water treatment plant Ample parking space Gatehouse and dedicated management office comprising three rooms Professionally managed and well-maintained development Situated in one of Lagos' most secure and exclusive residential estates Rent: ₦50,000,000 per annum Agency fee - 10% Legal fee - 10% Caution deposit - 10% Service Charge Deposit - ₦5m annually Diesel Deposit- ₦4m For inspections and further enquiries.

Banana Island, Ikoyi, Lagos Added yesterday
4 beds 4 baths 5 toilets
Roxyland Realty Constructs LTD
3 Bedroom Apartment — Banana Island, Ikoyi, Lagos
Premium
10
₦25,000,000 /yr

Flat / apartment for rent

3 Bedroom Apartment

Luxury 3-bedroom apartment banana island Available for rent A beautiful ground-floor 3-bedroom apartment available for rent in the prestigious Banana Island, Ikoyi, offering comfort, convenience, and premium living. Features: - 3 Spacious Bedrooms - Ground Floor - 24-Hour Power Supply - Serene and secure environment - Prime location in Banana Island Financials: - Rent: ₦25M per annum - Service Charge: ₦5M - Diesel: ₦5M - Caution Fee: ₦1M - Agency Fee: 10% - Legal Fee: 10% Banana Island, Ikoyi, Lagos

Banana Island, Ikoyi, Lagos Added yesterday
3 beds 3 baths 4 toilets 2 Parking
Johaasrealties
3 Bedroom Flat with a BQ in a Waterfront Property — Banana Island, Ikoyi, Lagos
Premium
11
₦40,000,000 /yr

Flat / apartment for rent

3 Bedroom Flat with a BQ in a Waterfront Property

Direct brief for rent: 3-Bedroom Flat with BQ on the first floor in a waterfront property Amenities Fitted kitchen (with microwave and oven); waterfront swimming pool area; waterfront gym area; BQ; box room; laundry room; all rooms en-suite; waterfront view; 24-hour power; 24-hour security personnel; facility personnel on-site and so much more. Location: 3rd Avenue, Banana Island Estate, Ikoyi, Lagos rent price: NGN40M (2 yrs upfront) Let's have your offer service charge: 9.250M caution fee: 2M agency: 10% Legal: 10% Please note: Pets are not allowed in the property

Banana Island, Ikoyi, Lagos Added yesterday
3 beds 3 baths 4 toilets 2 Parking
Sam Realty
3 Bedroom Flat with a BQ in a Waterfront Property — Banana Island, Ikoyi, Lagos
Premium
12
₦40,000,000 /yr

Flat / apartment for rent

3 Bedroom Flat with a BQ in a Waterfront Property

-- Luxury 3-bedroom flat with BQ banana island a luxurious 3-bedroom flat with BQ, located on the first floor of a premium waterfront property in the prestigious Banana Island Estate, Ikoyi. Property Features & Amenities: All rooms en-suite Fully fitted kitchen with microwave & oven Spacious BQ Box room Laundry room Waterfront swimming pool Waterfront gym Beautiful waterfront views 24-hour power supply 24-hour security personnel Facility personnel on-site And so much more Location: 3rd Avenue, Banana Island Estate, Ikoyi, Lagos Rent: ₦40M --- 2 years upfront Service Charge: ₦9.25M Caution Fee: ₦2M Agency Fee: 10% Legal Fee: 10% Let's have your offer. Please note: Pets are not allowed on the property.

Banana Island, Ikoyi, Lagos Added yesterday
3 beds 3 baths 4 toilets 2 Parking
Johaasrealties
2 Bedroom Penthouse with a BQ — Banana Island, Ikoyi, Lagos
Premium
10
₦30,000,000 /yr

Flat / apartment for rent

2 Bedroom Penthouse with a BQ

Luxury 2- penthouse Available for Rent at Banana island, with BQ *Rent- 30M per annum *Service charge- 5M parking space- 1 BQ included Swimming pool Golf course *Great Exterior View

Banana Island, Ikoyi, Lagos Added yesterday
2 beds 2 baths 3 toilets 1 Parking
Sam Realty
2 Bedroom Penthouse with a BQ — Banana Island, Ikoyi, Lagos
Premium
10
₦30,000,000 /yr

Flat / apartment for rent

2 Bedroom Penthouse with a BQ

Luxury 2-Bedroom penthouse Available for Rent at Banana Island, with BQ a beautiful luxury 2-bedroom penthouse with a BQ is now available for rent in the prestigious Banana Island. Rent: ₦30M per annum Service Charge: ₦5M Parking: 1 space BQ: Included Swimming Pool Golf Course Great Exterior View Location: Banana Island Enjoy a premium lifestyle with excellent amenities, beautiful surroundings, and a serene environment.

Banana Island, Ikoyi, Lagos Added yesterday
2 beds 2 baths 3 toilets 1 Parking
Johaasrealties
Premium 3 Bedroom Apartment — Banana Island, Ikoyi, Lagos
Premium
15
₦35,000,000 /yr

Flat / apartment for rent

Premium 3 Bedroom Apartment

Premium 3 bedroom apartment Features ; 24hr power supply Elevator Pool Ample parking Highly secure All rooms en-suite Fitted kitchen Fitted AC's Smart switches On site facility management Etc

Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets 2 Parking
Roqables Global Services.
3 Bedroom Furnished Apartment with Excellent Facility — Banana Island, Ikoyi, Lagos
Premium
9
₦60,000,000 /yr

Flat / apartment for rent

3 Bedroom Furnished Apartment with Excellent Facility

A well furnished 3 Bedroom apartment is available for rent in a serene neighborhood. Rent: 60M per year Agency 10% Legal 10% Caution 10% Service charge: 8M Location: Banana island, Ikoyi

Banana Island, Ikoyi, Lagos Added yesterday
3 beds 3 baths 4 toilets
Davochi Real Homes LTD.
3 Bedroom Luxury Apartment + BQ with Excellent Facility — Banana Island, Ikoyi, Lagos
Premium
23
₦30,000,000 /yr

Flat / apartment for rent

3 Bedroom Luxury Apartment + BQ with Excellent Facility

Luxury 3 bedroom apartment with jetty, beach front, gym, pool and Bq Banana Island, road Ikoyi Rent: 30 million Service Charge: 5m annually Agency: 10% Legal: 10% Caution: 10%

Banana Island, Ikoyi, Lagos Added yesterday
3 beds 3 baths 4 toilets
Davochi Real Homes LTD.
4 Bedroom Luxury Maisonette — Banana Island Road, Banana Island, Ikoyi, Lagos
Premium
14
₦80,000,000 /yr

Flat / apartment for rent

4 Bedroom Luxury Maisonette

Luxury 4-Bedroom Maisonettes with a room bq Comes with swimming pool, gym and jetty. Maisonettes: N80 million per annum Service Charge Deposit: N6 million Diesel Deposit: N3 million Agency Fee: 10% Legal Fee: 10% Cautions Deposit: 5%

Banana Island Road, Banana Island, Ikoyi, Lagos
4 beds 5 baths 5 toilets 2 Parking
Munificient Properties Nig LTD
Exclusive Waterfront 3 Bedroom Apartment — Banana Island, Ikoyi, Lagos
Premium
24
₦55,000,000 /yr

Flat / apartment for rent

Exclusive Waterfront 3 Bedroom Apartment

Exclusive waterfront 3-bedroom apartment for rent Location: Banana Island, Ikoyi, Lagos Property Overview Live at the pinnacle of luxury in Banana Island, Ikoyi --- Lagos' most prestigious address. This fully furnished 3-bedroom apartment features state-of-the-art finishes and breathtaking waterfront views. Designed for executives, diplomats, and uhnw individuals who demand privacy, security, and elegance. Key Features - 3 Spacious En-suite Bedrooms with walk-in closets & luxury fittings - Fully Furnished with designer furniture, smart home features & premium appliances - Gourmet Kitchen with imported fittings and top-tier finishes - 24/7 Power, Water, & Security Elevator Access Dedicated Parking - Banana Island Estate Amenities: Landscaped surroundings, serene environment, elite community Financial Terms - Annual Rent: ₦55,000,000 - Service Charge: ₦5,000,000 - Caution Deposit: 5% - Agency Fee: 10% - Legal Fee: 10% - Diesel Deposit: ₦2,000,000 The Banana Island Advantage Banana Island offers unparalleled waterfront living, proximity to Victoria Island & Ikoyi business districts, and 24/7 estate security. Ideal for corporate lease, long-term residency, or exclusive private living. Private, discreet inspections available. Serious inquiries only.

Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets 2 Parking
Acejoconsen
Furnishes 3 Bedroom Waterview with BQ (First Floor) — Banana Island, Ikoyi, Lagos
Premium
21
₦47,000,000 /yr

Flat / apartment for rent

Furnishes 3 Bedroom Waterview with BQ (First Floor)

Banana island furnished 3bedroom water view on 1st floor--- with pool and elevator for rent; *Rent #47m per annum. *caution 3m *legal and agency 10% each. *SC #5m *diesel deposit #1.5m.. Half a year #27m

Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets 3 Parking
Grace Villas & Estates LTD
4 Bedroom Penthouse — Banana Island, Ikoyi, Lagos
Premium
17
₦100,000,000 /yr

Flat / apartment for rent

4 Bedroom Penthouse

A luxury Penthouse with 4 bedrooms and A study room with elevator and swimming pool for rent. Features -All rooms en-suite -Fitted Kitchen -Swimming pool -Waterfront -Gym -Tennis court -24-hour power supply -Good security -Spacious ensuite bedrooms Rent Price Rent : N100 million Service Charge: 7 million Agency: 10% Legal: 10% Caution 10% (Negotiable) Location: Banana Island

Banana Island, Ikoyi, Lagos
4 beds 5 baths 5 toilets 2 Parking
Munificient Properties Nig LTD
Water Front Fully Furnished 3 Bedroom Apartment with Pool & Elevator — Banana Island, Ikoyi, Lagos
Premium
10
₦47,000,000 /yr

Flat / apartment for rent

Water Front Fully Furnished 3 Bedroom Apartment with Pool & Elevator

Banana island furnished 3bedroom water view on 1st floor--- with pool and elevator for rent; *Rent #47m per annum. *caution 3m *legal and agency 10% each. *SC #5m *diesel deposit #1.5m.. Half a year #27m

Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets 2 Parking
Chiritzhomes
Furnished 3 Bedroom Water View on 1st Floor with Pool — Banana Island, Ikoyi, Lagos
Premium
11
₦47,000,000 /yr

Flat / apartment for rent

Furnished 3 Bedroom Water View on 1st Floor with Pool

Banana island furnished 3bedroom water view on 1st floor--- with pool and elevator for rent; *Rent #47m per annum. *caution 3m *legal and agency 10% each. *SC #5m *diesel deposit #1.5m.. Half a year #27m

Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets 4 Parking
Micon Homes and Interiors
An Exquisite 4 Bedroom Apartment with 2 Rooms BQ — Banana Island, Ikoyi, Lagos
Premium
5
$100,000 /yr

Flat / apartment for rent

An Exquisite 4 Bedroom Apartment with 2 Rooms BQ

Exquisite newly built 4-bedroom penthouse + 2 BQ a stunning luxury penthouse offering sophisticated living with premium finishes and exceptional lifestyle amenities. Banana Island, Ikoyi Features: ️ 4 Spacious Bedrooms Study Room Private Cinema ️ Fully Equipped Gym Swimming Pool ️ Fitted Kitchen ️ Bulletproof Doors 🪟 Double-Glazed Glasses High-End Frosted Glass Finishes Rental Value: $100,000 Per Annum a perfect blend of luxury, comfort, privacy, security and modern living. Send a message for enquiries or to schedule a viewing. 07068076609

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets
Deherculean Enterprises
Well Maintained and Spacious 4 Bedroom Apartment — Ocean Parade, Banana Island, Ikoyi, Lagos
Premium
4
$65,000 /yr

Flat / apartment for rent

Well Maintained and Spacious 4 Bedroom Apartment

Well maintained and spacious 4 bedroom apartment Comes with Pool,Gym & Playground. : Ocean Parade, Banana Island Rent: $65,000 Service charges: TBD Power is Pay As You Go. Agency: 10% Legal: 10% Caution deposit:, 10% Features: Serviced Estate 1-room BQ 4Bed apartment 24hrs Light Pool Gym Playground 24hrs Security Fitted kitchen Balcony Spacious Living Area Standby Generator - 24 Hours Security - Ensuite Wardrobes - All Rooms Tiles - Dinning Section - Good road - Serene environment - Prime location - Good neighborhood - Clean Water - Good drainage system NB: video available on request #awdjan

Ocean Parade, Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets
Awodd Properties LTD

Showing 1–21 of 425 properties

Area Guide

About Banana Island, Ikoyi

Banana Island, is an artificial island off the foreshore of Ikoyi, Lagos, Nigeria. The Island is a man-made island and is shaped like a banana. It is located in the Lagos Lagoon and is connected to Ikoyi Island by a dedicated road which is linked to the existing road network near Parkview Estate.The island was constructed by the Lebanese-Nigerian Chagoury Group in partnership with the Federal Ministry of Works and Housing and is considered to be on par with the Seventh Arrondissement in Paris, La Jolla in San Diego, and Tokyo's Shibuya and Roppongi neighbourhoods. Banana Island has residential and commercial areas, as well as sites for recreational activities

It occupies a sand-filled area of approximately 1,630,000 square metres and is divided into 536 plots (of between 1000 and 4000 square metres in size) mainly arranged along cul-de-sacs. Dwellers in this Island are provided with world class utilities including underground electrical systems (versus the overhead cabling common throughout Lagos), an underground water supply network, a central sewage system and treatment plant, and street lighting and satellite telecommunications networks

Read the full area guide
FAQ

Frequently asked questions

The average price of serviced flats for rent in Banana Island, Ikoyi, Lagos is ₦45,000,000 per annum.

The price of the most expensive serviced flats for rent in Banana Island, Ikoyi, Lagos is ₦110,000,000 per annum.

The price of the cheapest serviced flats for rent in Banana Island, Ikoyi, Lagos is ₦10,000,000 per annum.

There are 425 available serviced flats for rent in Banana Island, Ikoyi, Lagos. You can view and filter the list of property by price, furnishing and recency.