Nigeria Property Centre

5 Bedroom Furnished Property for Rent in Banana Island, Ikoyi, Lagos

There are 10 flats, houses, land and commercial properties for rent in Banana Island as of 30 Sep 2026, with an average price of ₦120M. 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.

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5 Bedroom Waterview Penthouse Triplex Maisonette + 2 BQS — Banana Island, Ikoyi, Lagos
Premium
11
$150,000 /yr

Flat / apartment for rent

5 Bedroom Waterview Penthouse Triplex Maisonette + 2 BQS

Direct brief 5bedroom waterview penthouse triplex maisonette + 2BQs for Rent Location: Banana Island, Ikoyi Rent- $150k Service charge-10m power deposit-4m Legal 10% Agency-10% Caution 10% Swimming pool Gym Concierge Fully fitted kitchen Central acs Two kitchens Rooftop terrace Elevator Smoke detectors Bath tub French floor to ceiling windows Natural light City & waterfront views Serene environment Uniformed security

Banana Island, Ikoyi, Lagos
5 beds 5 baths 5 toilets
Zerias Properties
Luxury 5-Bedroom Fully Detached House with Pool — Banana Island, Ikoyi, Lagos
Premium
8
₦130,000,000 /yr

Detached duplex for rent

Luxury 5-Bedroom Fully Detached House with Pool

Experience luxury and privacy in this fully detached 5-bedroom house with a room service quarters, security house, swimming pool, and ample parking space, located in the prestigious Banana Island, Ikoyi. Offering spacious living areas, quality finishing, and a secure environment, this residence is ideal for refined family living. Location: Banana Island, Ikoyi, Lagos Rent: ₦130,000,000 per annum Tentative Total Package: ₦169,000,000 Charges: Agency -- 10% - Legal -- 10% - Caution -- 10% Features & Amenities: Room service quarters - Security house - Swimming pool - Ample parking space - Spacious living areas - Secure environment - Prime location - Luxury finishing Payment Terms: Annual rent payable upon completion of documentation and required fees. Send a DM or call to schedule a private inspection.

Banana Island, Ikoyi, Lagos
5 beds 6 baths 6 toilets 4 Parking
House Davanni Realty LTD
Luxury 5-Bedroom Fully Detached House with Service Quarters — Banana Island, Ikoyi, Lagos
Premium
8
₦120,000,000 /yr

Detached duplex for rent

Luxury 5-Bedroom Fully Detached House with Service Quarters

Experience exceptional privacy and comfort in this luxury 5-bedroom fully detached house, situated in a quiet and serene close within the prestigious Banana Island, Ikoyi. Featuring two separate rooms for service quarters, a security house, ample parking, and spacious living areas, this residence offers an ideal setting for refined family living. Location: Banana Island, Ikoyi, Lagos Rent: ₦120,000,000 per annum Tentative Total Package: ₦156,000,000 Charges: Agency -- 10% - Legal -- 10% - Caution -- 10% Features & Amenities: 2 separate rooms service quarters - Security house - Ample parking space - Spacious living areas - Secure and serene environment - Prime location - Luxury finishing Payment Terms: Annual rent payable upon completion of documentation and required fees. Send a DM or call to schedule a private inspection.

Banana Island, Ikoyi, Lagos
5 beds 6 baths 6 toilets
House Davanni Realty LTD
Ultra-Luxury 5-Bedroom Fully Detached House — Banana Island, Ikoyi, Lagos
Premium
22
₦150,000,000 /yr

Detached duplex for rent

Ultra-Luxury 5-Bedroom Fully Detached House

Experience the pinnacle of luxury living in this exceptional 5-bedroom fully detached house, nestled within the exclusive Banana Island. Boasting world-class amenities, expansive living spaces, and advanced smart home technology, this residence is designed to deliver an unrivaled lifestyle of elegance, privacy, and comfort. Location: Banana Island, Lagos Rent: ₦150,000,000 per annum Tentative Total Package: ₦195,000,000 Service Charge: ₦10,000,000 per annum Charges: Agency -- 10% - Legal -- 10% - Caution -- 10% Features & Amenities: 2-room Boys' Quarters - Elevator - Infinity swimming pool - Cinema - Office space - Home automation system - 2 spacious living rooms - All rooms ensuite - Modern fitted kitchen - Luxury finishing - Ample parking - Secure environment - Prime location - Exclusive neighborhood Payment Terms: Annual rent payable upon completion of documentation and required fees. Send a DM or call to schedule a private inspection.

Banana Island, Ikoyi, Lagos
5 beds 6 baths 6 toilets 5 Parking
House Davanni Realty LTD
5-Bedroom Detached Duplex House — Banana Island, Ikoyi, Lagos
Featured
1
₦130,000,000 /yr

Detached duplex for rent

5-Bedroom Detached Duplex House

Location: Banana Island, Ikoyi, Lagos Property Type: Detached House Bedrooms: 5 Rent: ₦130 Million Per Annum Transaction: Rental Zahari View A substantial detached residence offering privacy and generous accommodation within one of Lagos' most recognised premium residential districts. Property Highlights Five-bedroom detached residence Banana Island address Suitable for senior executives or families Private residential configuration * Premium neighbourhood environment Tenant Note Prospective tenants should evaluate the property based on both rent and total occupancy costs, including service charges, maintenance, security and utilities. Inspection: Minimum 24 hours' notice required. Explore Lagos premium-property insights at www.zaharihub.com Join Zahari's WhatsApp Channel: Call / WhatsApp: 0803 384 8156 0907 301 3359 @zahariproperties

Banana Island, Ikoyi, Lagos
5 beds 4 baths 4 toilets
Zahari Properties
5 Bedroom Terraced Duplex — Banana Island, Ikoyi, Lagos
1
₦70,000,000 /yr

Terraced duplex for rent

5 Bedroom Terraced Duplex

5 Bedroom Terrace Apartment located Banana Island, Ikoyi a 5-bedroom terrace apartment in one of Lagos's most exclusive and secure neighborhoods. Designed for convenient luxury living, this home offers premium facilities and the refined lifestyle Banana Island is known for. Property Features - 5 Bedrooms (all en-suite) - Swimming Pool - Fully Fitted Kitchen - Boys' Quarters (BQ) - Secure and Private Environment Rent: N70,000,000 per annum Service charge: N6 million deposit including diesel Agency: 10% Legal: 10% Caution: 5% Pictures available upon request.

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
Roxyland Realty Constructs LTD
Serviced 5 Bedroom Semi Detached House with BQ — Off Banana Island Road, Ikoyi, Lagos
20
₦80,000,000 /yr

Semi-detached duplex for rent

Serviced 5 Bedroom Semi Detached House with BQ

Serviced 5-Bedroom semi detached house with BQ -Living room -Modern fitted kitchen -BQ(self contained) -Communal swimming pool -24/7 security & well maintained Estate -Ample parking space Location: Off Banana Island Road, Ikoyi Rent: N80M/annum Oluwaseyi

Off Banana Island Road, Ikoyi, Lagos
5 beds 5 baths 6 toilets 6 Parking
Hova Oy Concept
Superbly Furnished 4 Bedroom Riverside Apartment — Banana Island Road, Ikoyi, Lagos
16
₦60,000,000 /yr

Flat / apartment for rent

Superbly Furnished 4 Bedroom Riverside Apartment

Superbly furnished 4 Bedroom apartment for rent. Banana Island Road by Riveraide Apartments.

Banana Island Road, Ikoyi, Lagos
5 beds 4 baths 4 toilets
1st Star Properties Nigeria
Luxurious 5 Bedroom Waterfront Penthouse + BQ — Bellavista Estate, Banana Island, Ikoyi, Lagos
11
$1,200,000 /yr

Flat / apartment for rent

Luxurious 5 Bedroom Waterfront Penthouse + BQ

For sale!!! Beautiful 5-bedroom penthouse in the prestigious Banana Island, Ikoyi, one of Lagos' most desirable addresses. Price: $1.2 Features: - 5 En-suite Bedrooms - Living Room - Fully Fitted Kitchen - Swimming Pool - Tennis Court - Gymnasium - Kids' Play Area - Waterfront View Each room offers great space for every sense of home styling, where comfort meets thoughtful design. Ideal for families or investors seeking lasting value in a serene, well-planned community. Location: Bella Vista,Banana Island, Ikoyi, Lagos Olu

Bellavista Estate, Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
Jabisco Development Company Limited
Premium 5-Bedroom Townhouse + 2BQS & Swimming Pool — Banana Island, Ikoyi, Lagos
19
$100,000 /yr

Flat / apartment for rent

Premium 5-Bedroom Townhouse + 2BQS & Swimming Pool

A meticulously crafted 5-bedroom townhouse offering refined luxury and seamless functionality, enhanced with advanced home automation and thoughtfully curated spaces, set within the heart of Banana Island, Ikoyi. Location: 5-bedroom townhouse with 2 BQs in Banana Island, Ikoyi Price: $100,000 Estate & Infrastructure: Secure and exclusive estate. Flood-free environment. Good access roads. Gate house. Reliable water supply. Serene surroundings. Property Details: 5 bedrooms all ensuite. Two Boys' Quarters. Private elevator. Swimming pool. Penthouse level. Family lounge. Adjoining home office. Fully automated home system. Spacious living room. Covered sit-out. Laundry room. Box room. Pantry. Island countertop. Pop ceilings. Spot lighting. Chandeliers. Integrated sound system. Master's suite with walk-in closet, walk-in shower, jacuzzi, and custom vanity. Top-quality finishing materials. CCTV cameras. Video doorbell security. Five parking spaces. Documentation: Valid lease documentation available. Payment Plan: 2 years preferred. Ownership: Direct listing. Negotiation allowed. NB: Property is fully completed and habitable. DM or call to arrange a private inspection.

Banana Island, Ikoyi, Lagos
5 beds 6 baths 6 toilets 4 Parking
House Davanni Realty LTD

Showing 1–10 of 10 properties

Area Guide

About Ikoyi, Lagos

By and large, Ikoyi is a posh neighbourhood with a mishmash of exquisite residential apartments and commercial presence.

Ikoyi borders the Lagos Lagoon and takes up the eastern half of Lagos Island. It is one of the towns that make up the Eti-Osa Local Government Area of Lagos state.

Originally, the British Colonial Governments designated Ikoyi as a residential area for the expatriate community perhaps due to its proximity to the sea. However this arrangement changed with time with big establishments locating their corporate headquarters at Ikoyi. Ikoyi is home to the creme de la creme of the Nigerian society, from diplomats to senior company, business executives and senior public servants.

Read the full area guide
FAQ

Frequently asked questions

The average price of 5 bedroom furnished flats, houses, land and commercial property for rent in Banana Island, Ikoyi, Lagos is ₦120,000,000 a year.

Prices for 5 bedroom furnished flats, houses, land and commercial property for rent in Banana Island, Ikoyi, Lagos go up to around ₦150,000,000 a year.

Prices for 5 bedroom furnished flats, houses, land and commercial property for rent in Banana Island, Ikoyi, Lagos start from around ₦80,000,000 a year.

There are 10 available 5 bedroom furnished flats, houses, land and commercial property for rent in Banana Island, Ikoyi, Lagos. You can view and filter the list of property by price, furnishing and recency.

Prices for 5 bedroom furnished flats, houses, land and commercial property for rent in Banana Island, Ikoyi, Lagos range from ₦60,000,000 to ₦1,592,928,669.