Interested in this property?
L5 Banana by Grenadines Homes is a signature address within the prestigious Banana Isaland neighborhood, designed for the upper class looking for out-of-the-ordinary homes
that beat the conventional and an opportunity to reward themselves.
- Increase in property value.
- As an off-plan project (construction ongoing) there's a consistent rise in capital appreciation, which is
further enhanced by the increasingly erratic foreign exchange rates and inflation rates.
- Convenient payment plan
- Payment plans for L5 Banana can be conveniently spread for 24 months, bi-monthly (every 2 months).
This enables concentration on other projects/ responsibilities, without pressure. Outright purchase has
added advantages.
- 18months instalment payment plan
- Bi-monthly (every 2 months) installment payment.
- Outright purchase can be spread over 3 consecutive months.
- Title document is a C of O with 99 years lease hold
2-Bedroom Apartment $648,960 - 18months installment payment plan
- Bi-monthly (every 2 months) installment payment.
- Outright purchase can be spread over 3 consecutive months.
- Title document is a C of O with 99 years lease hold
- Discount available for buying investors.
Infrastructures & Amenities
a) Advanced security surveillance system and centralized CCTVs
b) 24-hour concierge service.
c) Modern fire safety features.
d) Gymnasium, Fitness facilities.
e) Swimming pool.
f) Electric car charging station.
g) Lagoon side jetty.
h) Smart Home.
i) Private elevator.
j) 24/7 security
k) Uninterrupted power.
l) Exclusive parking lot.
m) Property is insured during construction.
n) Fully functional kitchen.
o) Kids play area.
p) Meeting rooms.
2-Bedroom Apartment 162.24 SǪM LAGOON VIEW outright $648,960 installment $730,080 40% deposit
4-Bedroom Apartment 328.10SQM LAGOON VIEW 1,312,400.00 Installment $1,468,665.00 40% deposit
4-Bedroom Maisonette 324.12 SǪM LAGOON VIEW $1,296,484 Installment $1,458,544.50 40% deposit
4-Bedroom Apartment 328.10SQM LAGOON VIEW outright 1,312,400.00 installment $1,468,665.00 40% deposit
4-Bedroom Maisonette 324.12 SǪM LAGOON VIEW Outright $1,296,484 installment $1,458,544.50 40% deposit
- Discount available for buying investors.
Infrastructures & Amenities
a) Advanced security surveillance system and centralized CCTVs
b) 24-hour concierge service.
c) Modern fire safety features.
d) Gymnasium, Fitness facilities.
e) Swimming pool.
f) Electric car charging station.
g) Lagoon side jetty.
h) Smart Home.
i) Private elevator.
j) 24/7 security
k) Uninterrupted power.
l) Exclusive parking lot.
m) Property is insured during construction.
n) Fully functional kitchen.
o) Kids play area.
p) Meeting rooms.
BROKERAGE COMMISSION:5%
Property Ref: 2886198 | Added On: 24 May 2025 | Last Updated: 24 May 2025 |
Market Status: Available | Type: Flat / Apartment | Bedrooms: 2 |
Bathrooms: 2 | Toilets: 3 | Parking Spaces: 1 |
Servicing: Serviced |
Banana Island is steeped in fascinating historical facts that enhance its allure. The area's captivating history, status as an artificial island, exclusivity, and prestigious address all contribute to its legendary reputation as a luxurious and refined haven. It is renowned as one of the most expensive neighborhoods in Africa, attracting affluent individuals from diverse backgrounds.
Banana Island offers a plethora of leisure and shopping options that cater to the refined tastes of its esteemed residents. Residents of Banana Island can indulge in high-end retail therapy, embrace the tranquility of lush green spaces, and enjoy the luxurious amenities provided by the exclusive relaxation centers. Oladimeji Shonubi Supermarket, Mr. Femi Superstores, Hartleys Supermarket, Kola Superstores, Banana Island Sports Field, Banana Island Park, and the Banana Island Club are prime examples of the leisure and shopping options available in Banana Island.
Banana Island proudly showcases a collection of prestigious estates that embody the essence of lavish living. These highly coveted residential developments feature architectural masterpieces that provide awe-inspiring vistas. Boasting top-notch facilities and unmatched seclusion, these estates are a testament to elegance, ensuring each resident experiences an unparalleled lifestyle. Among the distinguished estates on Banana Island are Happy Haven Estate, The Address Homes, Bella Vista Apartments, Grace Court, and Morgan Apartments.
Throughout the daytime, Banana Island buzzes with vitality, boasting a diverse selection of dining establishments, enjoyable venues such as the Banana Island Sports Field for families, and captivating establishments like the Hanging Basket Restaurant and the esteemed Chicken Republic. If you're in search of a destination suitable for the whole family, the nearby Youfine Art Gallery presents nature trails of art work, providing a delightful experience.
Banana Island provides a serene and exclusive residential atmosphere, making it an ideal place for residents seeking a peaceful lifestyle. It is primarily known for its residential properties and luxurious lifestyle rather than its nightlife scene. The island is a serene and exclusive area with a focus on privacy and security. However, for a livelier nightlife scene, residents can venture to nearby areas such as Victoria Island and Ikoyi, where one can find several upscale lounges, bars, and clubs that offer an unforgettable evening of entertainment. We have places like Escape Nightclub, Quilox, Sky Restaurant and Lounge, The Blowfish Hotel and Club, Caliente Club, and Escape Nightclub.
Banana Island not only boasts of magnificent residential estates and top-tier amenities but also grants residents access to exceptional educational institutions. Families seeking a world-class education for their children need look no further, as Banana Island International School stands as a beacon of prestige within this coveted community. Additionally, residents have the privilege of choosing from a range of esteemed schools in close proximity, including Greenwood House School, Meadow Hall School, and Lagoon School, all of which provide excellent educational options to meet the discerning standards of Banana Island's residents.
Read the full area guide for Banana Island, Ikoyi, Lagos.
Interested in this property?
The information displayed about this property comprises a property advertisement. Nigeria Property Centre makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Nigeria Property Centre has no control over the content. This property listing does not constitute property particulars.The information is provided and maintained by Tos.consolidated.ltd. Nigeria Property Centre shall not in any way be held liable for the actions of any agent and/or property owner/landlord on or off this website.