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Newly Built 196-Room Ultra-Luxury Hotel for Sale -- Gerard Road, Ikoyi
An iconic hospitality asset in one of Lagos' most exclusive addresses.
This newly developed 10-floor luxury hotel sits on 5,000sqm of prime land on Gerard Road, Ikoyi, a location synonymous with prestige, security, and high net-worth traffic. Designed to meet international hospitality standards, this property blends architectural elegance with exceptional income potential.
Every element of the hotel reflects luxury, comfort, and operational efficiency, making it ideal for investors, hotel chains, or institutional buyers seeking a landmark asset in Lagos' most desirable district.
Key Highlights
196 exquisitely finished guest rooms
10 floors of modern, sophisticated architecture
Prime Gerard Road, Ikoyi location
5,000sqm of premium land
Excellent visibility & accessibility
Perfect for luxury hospitality or branded hotel operations
Property Details
Location: Gerard Road, Ikoyi, Lagos, Nigeria
Title: Certificate of Occupancy (C of O)
Land Size: 5,000sqm
Asking Price: $250 Million
Contact: Mr Livingstone
Phone: 07070529004
| Property Ref: 3275323 | Added On: 03 Jan 2026 | Last Updated: 03 Jan 2026 |
| Market Status: Available | Type: Hotel / Guest House | Bedrooms: 196 |
| Bathrooms: 196 | Toilets: 220 |
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?
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.
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.
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.
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.
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.
Read the full area guide for Ikoyi, Lagos.
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