Nigeria Property Centre

Property for Rent in Banana Island, Ikoyi, Lagos

There are 1,388 flats, houses, land and commercial properties for rent in Banana Island as of 12 Oct 2026, with an average price of ₦60M. 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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Luxury Fully Furnished and Serviced 3-Bedroom Apartment
Verified Photos
16 photos
₦35,000,000 /yr

Flat / apartment for rent

Luxury Fully Furnished and Serviced 3-Bedroom Apartment

Discover refined living in this luxury fully furnished 3-bedroom apartment in Banana Island, Ikoyi, one of Lagos' most prestigious residential locations. The apartment features spacious bedrooms, a beautifully furnished living and dining area, a modern fitted kitchen, contemporary finishes, 3 bathrooms and 4 toilets, offering a comfortable and elegant home for executives, families and corporate tenants. Key Features - Fully furnished 3-bedroom apartment - Spacious living & dining area - Modern fitted kitchen - Contemporary interior finishes - Excellent natural lighting - Ample parking - Secure residential environment - Excellent estate facilities - 24/7 security - Reliable power supply Location: Banana Island, Ikoyi, Lagos Rent: ₦38,000,000 per annum Private inspections available by appointment. Contact us today to schedule a viewing.

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

Belcanto Residence

4 Bedroom Terraced House with BQ, Pool, Gym — Banana Island, Ikoyi, Lagos
Premium
10
₦85,000,000 /yr

Terraced duplex for rent

4 Bedroom Terraced House with BQ, Pool, Gym

4-Bedroom Terrace House + 1 Room BQ (Swimming pool & Gym) Location: Banana Island, Ikoyi Rent: ₦85,000,000 per annum Service Charge: ₦6,000,000 Diesel Deposit: ₦3,000,000 Agency & Legal Fee: 10% each Caution Fee: 5%

Banana Island, Ikoyi, Lagos Added yesterday
4 beds 5 baths 5 toilets
Renascent Properties Limited
Luxury Waterfront 3 Bedroom Apartment, BQ, Pool, Gym Etc — Banana Island Estate Ikoyi, Banana Island, Ikoyi, Lagos
Premium
3
₦50,000,000 /yr

Flat / apartment for rent

Luxury Waterfront 3 Bedroom Apartment, BQ, Pool, Gym Etc

Direct clients preferable Luxury waterfront 3 bedroom apartment, bq, swimming pool, gym, elevator, etc in Banana Island Estate Ikoyi Rent: N50M per annum Exclusive of service charge,pool, and gym Call Prince Ademola Osinuga International now to pay and move in immediately

Banana Island Estate Ikoyi, Banana Island, Ikoyi, Lagos Added yesterday
3 beds 3 baths 4 toilets 2 Parking
Prince Ademola Osinuga International
4 Bedroom Detached Duplex — Banana Island, Ikoyi, Lagos
Premium
6
₦120,000,000 /yr

Detached duplex for rent

4 Bedroom Detached Duplex

A fully detached 4 bedroom duplex with a BQ, Security house and ample parking space, swimming pool. Location: Banana Island, Ikoyi Rental price: 120 million per annum asking

Banana Island, Ikoyi, Lagos Added yesterday
4 beds 4 baths 5 toilets 5 Parking
Teelinks Realty Agency
Premium 4 Bedroom Apartment on 2 Floors, BQ, Pool, Gym, Etc — Banana Island Estate Ikoyi, Banana Island, Ikoyi, Lagos
Premium
13
₦55,000,000 /yr

Terraced duplex for rent

Premium 4 Bedroom Apartment on 2 Floors, BQ, Pool, Gym, Etc

Direct clients preferable Luxury 4 bedroom apartment on 2 floors, bq, swimming pool, gym, elevator, etc in Banana Island Estate Ikoyi Rent: N55M per annum Exclusive of service charge,pool, and gym Call Prince Ademola Osinuga International now to pay and move in immediately

Banana Island Estate Ikoyi, Banana Island, Ikoyi, Lagos Added yesterday
4 beds 4 baths 5 toilets 3 Parking
Prince Ademola Osinuga International
29 Units of Newly Built 3 Bedroom Apartment — Old Ikoyi, Banana Island, Ikoyi, Lagos
Premium
24
₦40,000,000 /yr

Flat / apartment for rent

29 Units of Newly Built 3 Bedroom Apartment

28 Units of 3 bedroom newly built apartment + a 3 room office space for rent in ikoyi [Owner wants a singular person or company to rent it) Rent : 40M per unit [40M X 29 units] Service Charge : 7M [Per unit] Excluding diesel deposit Agency : 10% Legal : 10% Caution : 10% 2 Years required

Old Ikoyi, Banana Island, Ikoyi, Lagos Added yesterday
3 beds 3 baths 4 toilets
Tory's Realty
Luxury Waterfront 3 Bedroom Apartment, BQ, Pool, Gym — Banana Island Estate Ikoyi, Banana Island, Ikoyi, Lagos
Premium
10
₦50,000,000 /yr

Flat / apartment for rent

Luxury Waterfront 3 Bedroom Apartment, BQ, Pool, Gym

Direct clients preferable Luxury waterfront 3 bedroom apartment, bq, swimming pool, gym, elevator, etc in Banana Island Estate Ikoyi Rent: N50M per annum Exclusive of service charge,pool, and gym Call Prince Ademola Osinuga International now to pay and move in immediately

Banana Island Estate Ikoyi, Banana Island, Ikoyi, Lagos Added yesterday
3 beds 3 baths 4 toilets 2 Parking
Prince Ademola Osinuga International
3 Bedroom Apartment — Banana Island, Ikoyi, Lagos
Premium
25
₦35,000,000 /yr

Flat / apartment for rent

3 Bedroom Apartment

Semi Furnished 3 Bedroom Apartment with Elevator + Swimming Pool + Gym Location: Banana Island, Ikoyi, Lagos Rent: ₦35M Per Annum Other Charges: - Legal: 10% - Agency: 10% - Caution: 10% - Service Charge: ₦6M Features: - Elevator - Spacious apartment - All rooms ensuite - Fitted kitchen - 24/7 Electricity - 24/7 Security - CCTV surveillance - Ample parking space - Gym - ⁠Mini golf - Swimming pool - Well treated water - Serene environment

Banana Island, Ikoyi, Lagos Added yesterday
3 beds 3 baths 3 toilets
HSSN Properties
3 Bedroom Apartment with BQ — Banana Island, Ikoyi, Lagos
Premium
8
₦25,000,000 /yr

Flat / apartment for rent

3 Bedroom Apartment with BQ

Exclusively for direct clients only For rent - spacious 3 bedroom apartment with BQ Location: Banana Island, Ikoyi, Lagos Experience comfortable residential living in this well-built and spacious 3-bedroom apartment with Boys' Quarters (BQ), situated within a beautiful residential estate in the prestigious Banana Island, Ikoyi. The property offers generous living spaces, natural lighting, and a peaceful residential setting, making it an excellent choice for families and professionals seeking comfort and privacy. Financial summary: - Rent: ₦25, Per Annum - Service Charge:₦ 2.5M - Agency Fee: 10% - Legal Fee: 10% - Caution Deposit: 5% Payment terms: - Minimum Lease Term: 2 Years - Rent Payable Upfront: ₦50 Property Highlights: - 3 Spacious Bedrooms - Generously Sized Living Area - Boys' Quarters (BQ) - Well-Built Residential Property - Natural Lighting - Beautiful Residential Estate - Serene Residential Environment - Prestigious Banana Island Address Ideal for: - Families Seeking Spacious Accommodation - Corporate Executives - Expatriates - Professionals Seeking Long-Term Residential Accommodation Viewing: Strictly By Appointment Inspection fee applies For Private Viewing & Leasing Enquiries:

Banana Island, Ikoyi, Lagos Added yesterday
3 beds 3 baths 4 toilets
Knight Angels Realties LTD
4 Bedroom Flat with BQ — Banana Island, Ikoyi, Lagos
Premium
20
₦70,000,000 /yr

Flat / apartment for rent

4 Bedroom Flat with BQ

Exclusively for direct clients only For rent: Luxury 4-bedroom apartment with BQ furnished or unfurnished Location: Banana Island, Ikoyi, Lagos Floor: 6th Floor Experience sophisticated living in this beautifully maintained 4-bedroom luxury apartment, situated on the 6th floor of an exclusive residential development in the prestigious Banana Island, Ikoyi. Designed for comfort, privacy, and contemporary living, this exceptional residence features generously proportioned interiors, four en-suite bedrooms, a fully fitted kitchen, and dedicated staff quarters. Residents enjoy access to premium recreational amenities, including: - a large swimming pool - a fully equipped gym - two elevators - ample parking within a secure and serene residential environment The apartment is available furnished or unfurnished, offering flexibility to suit individual lifestyle preferences and corporate accommodation requirements. Financial summary: Unfurnished Option - Rent: ₦70,000,000 per annum - Service charge: ₦5,000,000 per annum - Agency fee: 10% (₦7,000,000) - Legal fee: 10% (₦7,000,000) - Caution deposit: 10% (₦7,000,000) Total initial package: ₦96,000,000 Furnished Option - Furnished rent: Price upon serious enquiry - Service charge: ₦5,000,000 per annum - Agency fee: 10% - Legal fee: 10% - Caution deposit: 10% Note: The apartment currently has furniture in place and may be leased fully furnished at a separately negotiated rental rate. The furnished rental price will be discussed directly with the landlord upon confirmation of a verified, financially qualified, and genuinely interested prospective tenant. Property highlights: - Four spacious bedrooms - All bedrooms en-suite - Dedicated Boys' Quarters (BQ) - Spacious reception & living area - Fully fitted modern kitchen - Well-maintained luxury interiors - Located on the 6th floor - Two functional elevators - Large communal swimming pool - Fully equipped gymnasium - Spacious residential compound - Ample parking spaces - Secure & serene residential environment - Prestigious Banana Island address - Furnished & unfurnished rental options Location & lifestyle advantages: - Prime residential address in Banana Island - Exclusive and prestigious neighbourhood - Peaceful environment for luxury living - Convenient access to Ikoyi & Victoria Island - Proximity to premium restaurants & shopping destinations - Access to international schools and major business districts - Ideal for private and corporate residential use Ideal for: - High-net-worth individuals & families - Senior corporate executives - Expatriates & diplomatic personnel - Multinational corporate tenants - Professionals seeking premium residential accommodation - Discerning tenants who value privacy, security & exclusivity Viewing: Strictly by appointment Inspection fee applies For private viewing & leasing enquiries:

Banana Island, Ikoyi, Lagos Added yesterday
4 beds 4 baths 5 toilets
Knight Angels Realties LTD
2 Bedroom Luxury Fully Furnished Apartment — Banana Island, Ikoyi, Lagos
Premium
8
₦30,000,000 /yr

Flat / apartment for rent

2 Bedroom Luxury Fully Furnished Apartment

Exclusively for direct clients only For rent - luxury 2 bedroom fully furnished apartment Location: Banana Island, Ikoyi, Lagos Experience refined residential living in this tastefully furnished 2-bedroom apartment situated within the prestigious Banana Island community. Designed for comfort, privacy, and convenience, this residence offers generously proportioned living spaces, contemporary furnishings, a fully fitted kitchen, and access to premium recreational facilities. The apartment combines modern functionality with an exclusive residential setting, making it an excellent choice for discerning tenants seeking a comfortable and sophisticated lifestyle in Ikoyi. Financial summary: - Rent: ₦30M, Per Annum - Service Charge: ₦1.9M - Agency Fee: 10% - Legal Fee: 10% Property Highlights: - 2 Spacious Bedrooms - Fully Furnished Interiors - Generously Sized Living Areas - Contemporary Furniture & Finishes - Fully Fitted Kitchen - Swimming Pool - Fully Equipped Gym - Ample Parking Space - Serene Residential Environment - Prestigious Banana Island Address Ideal for: - Corporate Executives & Senior Professionals - Expatriates Seeking Premium Accommodation - Discerning Individuals & Families - Corporate Residential Leasing - Tenants Seeking Exclusive Island Living Viewing: Strictly By Appointment Inspection fee applies For Private Viewing & Leasing Enquiries:

Banana Island, Ikoyi, Lagos Added yesterday
2 beds 2 baths 3 toilets
Knight Angels Realties LTD
6 Bedroom Detached Duplex — Banana Island, Ikoyi, Lagos
Premium
10
$120,000 /yr

Detached duplex for rent

6 Bedroom Detached Duplex

Luxury 6 Bedroom Fully Detached Duplex with 2 rooms BQ, Elevator, Study, Elevator, Laundry, fitted kitchen with Pantry etc located in Banana Island Estate, Ikoyi. Rent $120k 2yrs

Banana Island, Ikoyi, Lagos
6 beds 6 baths 7 toilets
Teelinks Realty Agency
3 Bedroom Luxury Apartment — Banana Island, Ikoyi, Lagos
Premium
8
₦70,000,000 /yr

Flat / apartment for rent

3 Bedroom Luxury Apartment

Exclusively for Direct Clients Only For rent - luxury 3-bedroom apartments Location: Banana Island, Ikoyi, Lagos Available Units: 1st Floor and 4th Floor Financial Summary: - Rent: ₦70 M, per annum - Service Charge: ₦15M, per annum (inclusive of diesel) - Caution Deposit: ₦2M - Legal Fee: 10% - Agency Fee: 10% Property Highlights: - Two units available - Spacious reception area - Three spacious bedrooms, all en-suite - Expansive living area - Fully fitted kitchen - Dedicated laundry room - Maid's quarters available at an additional cost - Two elevators - Swimming pool - Fully equipped gym - Private spa - Sauna room - Underground parking - Professionally maintained environment - Secure and prestigious residential estate Location Advantage: - Situated in the prestigious Banana Island residential estate - Exclusive residential environment - Ideal for expatriates and executives seeking premium accommodation Ideal for expatriates, executives and discerning residents seeking spacious luxury living with exceptional leisure and wellness facilities in one of Lagos' most prestigious residential locations. Viewing: Inspection fee applies Important notice: This offering is strictly reserved for serious and financially capable direct clients only. Inquiries from intermediaries or other third parties will not be entertained. Kindly ensure you are prepared to proceed before requesting further details or scheduling an inspection. For Private Viewing & Leasing Enquiries: 07038451502

Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets
Knight Angels Realties LTD
4 Bedroom Terrace Duplex with Boys Quarters — Banana Island, Ikoyi, Lagos
Premium
10
₦85,000,000 /yr

Terraced duplex for rent

4 Bedroom Terrace Duplex with Boys Quarters

4 Bedroom Terrace Duplex with Boy's Quarters for rent in Banana Island Estate, Ikoyi for rent. Rent: N85m per annum Service charge N6m Diesel deposit N3m The property is: - well fitted and well finished - in a serene and secure estate - all rooms ensuite - with spacious living areas Note: owner wants 2 years rent upfront payment. Olu MVibes

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 3 Parking
Kehinde Akintobi & Co. Limited
Fully Serviced Furnished 3- Bedroom Apartment Available — Banana Island, Ikoyi, Lagos
Premium
13
₦55,000,000 /yr

Flat / apartment for rent

Fully Serviced Furnished 3- Bedroom Apartment Available

Fully serviced furnished (3) three-bedroom apartment for rent in banana island ikoyi. Rent: 55M service charge: 4M agency fee: 10% Legal fee: 10% Caution fee: 2M location: Banana island ikoyi.

Banana Island, Ikoyi, Lagos
3 beds 4 baths 4 toilets 4 Parking
Emmy Properties
Luxury 5-Bedroom Fully Detached House with 2-Room BQ — Banana Island, Ikoyi, Lagos
Premium
2
₦130,000,000 /yr

Detached duplex for rent

Luxury 5-Bedroom Fully Detached House with 2-Room BQ

Luxury 5-Bedroom Fully Detached House with 2-Room bq vd available Service Location: Banana Island, Ikoyi Rent: N130 million per annum Agency, Legal & Caution deposit 10% each

Banana Island, Ikoyi, Lagos
5 beds 6 baths 6 toilets 5 Parking
Emmy Properties
2-Bedroom Furnished Apartment — Banana Island, Ikoyi, Lagos
Premium
8
₦40,000,000 /yr

Flat / apartment for rent

2-Bedroom Furnished Apartment

Upscale & Stylishly Furnished 2-Bedroom Apartment For Rent. Directly on Banana Island Road, Ikoyi, Lagos Annual Rent: ₦40m per annum Agency fee: 10% Legal fee: 10% Caution fee: ₦2m Annual service charge: ₦2.5m Features & Amenities: - Private balcony - Air conditioning in all rooms - Led Android Smart TV with Netflix & DStv - Bathrooms equipped with toiletries - Bread toaster - Fruit blender - Coffee machine - Iron & ironing board - Water heater - Microwave oven - Refrigerator - 24-hours electricity - Dedicated workstation - 24/7 security - Private free parking space - Access to swimming pool & gym - Fully furnished modern contemporary kitchen equipped with extractor, cutleries, and gas connection - Shopping malls & eateries available around Banana Island.

Banana Island, Ikoyi, Lagos
2 beds 2 baths 3 toilets 2 Parking
Frank's Villa Apartment's
2-Bedroom Furnished Apartment — Banana Island, Ikoyi, Lagos
Premium
1
₦40,000,000 /yr

Flat / apartment for rent

2-Bedroom Furnished Apartment

Upscale & Stylishly Furnished 2-Bedroom Apartment For Rent. Directly on Banana Island Road, Ikoyi, Lagos Annual Rent: ₦40m per annum Agency fee: 10% Legal fee: 10% Caution fee: ₦2m Annual service charge: ₦2.5m Features & Amenities: - Private balcony - Air conditioning in all rooms - Led Android Smart TV with Netflix & DStv - Bathrooms equipped with toiletries - Bread toaster - Fruit blender - Coffee machine - Iron & ironing board - Water heater - Microwave oven - Refrigerator - 24-hours electricity - Dedicated workstation - 24/7 security - Private free parking space - Access to swimming pool & gym - Fully furnished modern contemporary kitchen equipped with extractor, cutleries, and gas connection - Shopping malls & eateries available around Banana Island.

Banana Island, Ikoyi, Lagos
2 beds 2 baths 3 toilets 2 Parking
Frank's Villa Apartment's
Impeccable Taste of 5 Bedrm Detached Duplex with a BQ and Swimminpool — Banana Island Estate, Banana Island, Ikoyi, Lagos
Premium
13
₦130,000,000 /yr

Detached duplex for rent

Impeccable Taste of 5 Bedrm Detached Duplex with a BQ and Swimminpool

For Lease A fully detached luxury 5 bedroom house plus 1 room service quarters. With security house and ample parking space and swimming pool. Location: Banana Island Estate, Ikoyi Rental Price: N130 Million Per Annum. Terms can be negotiated

Banana Island Estate, Banana Island, Ikoyi, Lagos
5 beds 6 baths 6 toilets 5 Parking
David Moren Property Services
Thoughtfully Curated Luxury 5 Bedroom Detached House with 2 BQ — Banana Island Estate, Banana Island, Ikoyi, Lagos
Premium
11
₦100,000,000 /yr

Detached duplex for rent

Thoughtfully Curated Luxury 5 Bedroom Detached House with 2 BQ

Brief for Lease A fully detached 5 bedroom house plus 2 separate rooms service quarters. With security house and ample parking space Location: In a quiet and serene Close, Banana Island, Ikoyi Rental Price: 100 Million Per Annum.

Banana Island Estate, Banana Island, Ikoyi, Lagos
5 beds 6 baths 6 toilets 6 Parking
David Moren Property Services
Premium Luxury 3 Bedroom Apartment — Banana Island Estate, Banana Island, Ikoyi, Lagos
Premium
23
₦90,000,000 /yr

Flat / apartment for rent

Premium Luxury 3 Bedroom Apartment

Joeba03-for sale / rent luxury 3 bedroom apartment banana island, ikoyi Location: Banana Island, Ikoyi, Lagos Newly built and elegantly finished 3 bedroom apartment (7th Floor) Sale Price: $1,200,000 Rent: ₦90,000,000 per annum Caution Deposit: 10% Agency: 10% (Rent) / 5% (Sale) Legal: 10% Features: - Fully automated smart apartment - All rooms en-suite - Spacious living areas with city views - Fully fitted kitchen & island - Italian tiles & chandeliers - Central sound system - Elevator access - Swimming pool & gym - Air conditioning & fire alarms - Reception & 24/7 security - Washing machines & ample parking Contact: Infinique Properties 07084976122 08064653585 [email protected]

Banana Island Estate, Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets
Infinique Properties Limited

Showing 1–21 of 1,388 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 flats, houses, land and commercial property for rent in Banana Island, Ikoyi, Lagos is ₦60,000,000 a year.

Most flats, houses, land and commercial property for rent in Banana Island, Ikoyi, Lagos are priced between ₦45,000,000 and ₦75,000,000 a year.

Prices for flats, houses, land and commercial property for rent in Banana Island, Ikoyi, Lagos go up to around ₦170,000,000 a year.

Prices for flats, houses, land and commercial property for rent in Banana Island, Ikoyi, Lagos start from around ₦10,000,000 a year.

There are 1,388 available 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.