Nigeria Property Centre

Hotel / guest house for sale

Turnkey 5- Star Hotel

Ikoyi, Lagos
$200,000,000 ₦273,100,745,000
#358-978-0 25 Jul 2026 Added yesterday
WhatsApp
165 Bedrooms
6,500 m² Plot size
Hotel / Guest Property type

About this property

For sale: Turnkey 5-star hotel 165 keys 15 floors 6,500 SQM gerrard road, ikoyi US$200 million A Landmark Hospitality Investment in Lagos An exceptional opportunity to acquire a landmark luxury hotel in the heart of Ikoyi, Lagos. This 95% completed, 15-floor, 165-key hospitality asset is strategically located. Designed to international standards and ready for final delivery, this is a rare opportunity for hotel operators, institutional investors, private equity firms, sovereign wealth funds, and hospitality groups seeking immediate entry into West Africa's most resilient luxury hospitality market. Property Highlights Asking Price: US$200 Million. Property Type: Luxury 5-Star Hotel Status: Approximately 95% Completed Land Size: 6,500 SQM Building Height: 15 Floors Accommodation: 165 Luxury Guest Rooms & Suites Location: Gerrard Road, Ikoyi, Lagos, Nigeria Key Features Premium 5-star hotel designed to international hospitality standards 165 well-planned guest rooms and suites Signature 4th-floor swimming pool with elevated skyline views Fully installed Mechanical, Electrical & Plumbing (MEP) systems Rooftop engineering plant and operational infrastructure in place Contemporary architectural façade Generous setback with excellent vehicular access Positioned for rapid completion and operational launch Prime Location Advantage Situated in , Ikoyi, one of Africa's most prestigious business and residential districts, the property enjoys close proximity to: Corporate headquarters Diplomatic missions and embassies Financial institutions Luxury residential developments Fine dining and lifestyle destinations Victoria Island Business District Banana Island Lagos commercial and financial hub Investment Opportunity This asset offers a rare plug-and-play opportunity within Lagos' premium hospitality market. With strong demand driven by: International business travel Diplomatic activity Multinational corporations High-net-worth visitors Conferences and executive events Ikoyi consistently commands some of the highest Average Daily Rates (ADR) and occupancy levels in Nigeria's luxury hotel sector. The property's advanced construction status significantly reduces development risk, shortens the path to revenue generation, and provides investors with the opportunity to commence operations within a relatively short timeframe after acquisition. Ideal Buyers International Hotel Brands Luxury Hospitality Operators Institutional Investors Private Equity Funds Sovereign Wealth Funds Family Offices Real Estate Investment Companies Hospitality REITs Asking Price: US$200,000,000 Inspection: Strictly by prior appointment and proof of financial capacity. For confidential discussions, investment analysis, or to schedule a private inspection, Kindly contact N.e.w.s Realty Limited. [email protected] [email protected] +234 8137143886 +234 8137439166

Features and amenities

Interior & Finishing

Air conditioning POP ceiling Built-in wardrobes En-suite bedrooms Water heater

Power & Utilities

24/7 power supply Standby generator Borehole Treated water High-speed internet / WiFi

Security & Safety

Security gate Perimeter fencing Electric fence Burglar proof CCTV surveillance Security / gateman Intercom Fire safety

Outdoor & Communal

Swimming pool Landscaped garden Car park Balcony Outdoor lighting Elevator Gym

Property details

Reference ID #358-978-0
Listed by News Realty Limited
Property type Hotel / Guest House
Listing status Hotel / guest house for sale
Bedrooms 165
Plot size 6,500 m²

Area guide — Ikoyi

Lagos

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?

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.

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.

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 sop...

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.

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 rec...

Read the full area guide for Ikoyi, Lagos

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Disclaimer

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