Land for Sale on 3rd Avenue, Banana Island, Ikoyi, Lagos

Listing title for sale --- 3,430 sqm waterfront land on 3rd avenue, banana island federal certificate of occupancy ₦3,300,000 / sqm overview exceptional waterfront development parcel on prestigious 3rd avenue, banana island. this rare 3,430 sqm single‑title lot benefits from a federal certificate of occupancy and direct water frontage --- a trophy island holding suited to high‑end residential, private compound, boutique hospitality or bespoke mixed‑use projects. parcels of this scale and quality on banana island are extremely scarce and present a compelling long‑term asset for high‑net‑worth buyers, family offices and institutional investors. key facts - location: 3rd avenue, banana island, ikoyi, lagos --- prime waterfront frontage - site area: 3,430 sqm (single consolidated plot) - title: federal certificate of occupancy (federal c of o) --- certified documents available to qualified buyers - asking price: ₦3,300,000 per sqm - indicative total price: approx. ₦11,319,000,000 (eleven billion, three hundred and nineteen million naira) why this land is exceptional - waterfront positioning on banana island provides unrivalled prestige, privacy and direct water access --- ideal for an iconic private residence or a luxury branded project. - large contiguous island parcel (3,430 sqm) allows for a substantial bespoke development with extensive landscaping, guest pavilions, boat/jetty facilities and ample secure parking. - federal c of o strengthens title security and improves bankability for institutional purchasers and developers. - banana island remains one of lagos's most stable and capital‑preserving micro‑markets --- scarcity of comparable sites supports long‑term appreciation. suggested development uses - ultra‑luxury private mansion / multi‑generational family compound with private jetty - low‑density, high‑specification villa enclave or small gated estate - boutique luxury serviced residences or branded private club (subject to approvals) - exclusive corporate or diplomatic compound (subject to consent) - landbank for strategic investors seeking premier island exposure site & practical notes - direct water frontage enables private jetty/boat access (subject to regulatory and estate approvals). - parcel scale supports generous setbacks, private amenity zones and discrete service/ staff areas. - buyers should plan for high‑spec mep design, shoreline protection where applicable, and premium finishes consistent with banana island standards. due diligence & recommended checks - title verification: obtain certified federal c of o copies and instruct solicitors for full title search and encumbrance check. - site survey: certified survey plan and boundary verification on site. - planning & consents: check permitted coverage, setbacks and allowable development parameters with lagos state and local estate management (jetty/foreshore consents if applicable). - geotechnical & marine: commission soil/geotechnical investigation and foreshore/marine impact assessment if jetty or waterfront works are planned. - utilities & services: confirm water, sewerage, power capacity and estate service arrangements. - environmental & flood risk: obtain flood risk assessment and any environmental screening recommended for waterfront works. transaction & viewing process - viewings: by appointment for qualified buyers only --- proof of funds and buyer identification required prior to release of full title pack or site access. - documentation: certified title pack, survey and site plans available to qualified buyers on request under confidentiality terms. - offers: submit a formal letter of intent (loi) with proof of funds; heads of terms and solicitor‑led conveyancing to follow on acceptable offer. - fees & costs: buyer to allow for legal fees, stamp duty and transfer/registration costs. agency/facilitator fees to be agreed in writing. why act now large, titled waterfront parcels on banana island are exceptionally rare. this plot offers a unique combination of scale, title security and prime waterfront frontage --- a strategic acquisition for buyers seeking a standout island asset. all particulars are provided in good faith and should be independently verified by prospective purchasers and their professional advisers. availability and price are subject to prior sale. contact: mr. kola adesina (edba) all detailed documentation and commercial discussions will be provided on a confidential basis and subject to a signed nda. serious proposals only. *how we work* tell us your needs (budget, location, size). our team reviews your request and assigns a dedicated relationship manager. we only source conflict-free land and properties with clear titles. we conduct due diligence and arrange site visits. viewings are by appointments only finalize purchase, rental or lease with legal support. *please feel free to browse our other featured properties* ref: nn...

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