Nigeria Property Centre

Land for Sale in Banana Island, Ikoyi, Lagos

There are 415 land for sale in Banana Island as of 23 Oct 2026, with an average price of ₦4.5B. 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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Waterfront Land — Banana Island, Ikoyi, Lagos
Premium
1
₦5,500,000 per sq.m

Residential land for sale

Waterfront Land

Banana Island waterfront plot for sale* Plot measuring 850sqm at 3rd Avenue , J zone Price: N5. 5m/ per sqm Title: Fed G.Consent. Call: kland Realtors 08028836825

Banana Island, Ikoyi, Lagos
850 sqm
Kland Realtors
Ultra-Prime 8,000SQM Fenced & Vacant Waterfront Land — 3rd Avenue, Banana Island, Ikoyi, Lagos
Premium
1
₦5,000,000

Mixed-use land for sale

Ultra-Prime 8,000SQM Fenced & Vacant Waterfront Land

Ultra-Prime 8,000sqm Fenced & Vacant Waterfront Land ideal for: - Ultra-Luxury Waterfront Residences - Premium High-Rise Development - Luxury Serviced Apartments - Exclusive Mixed-Use Development - Strategic Real Estate Investment Land Size: 8,000sqm Title: Registered Supreme Court Judgment Price: ₦5,000,000 per sqm Total Price: ₦40 Billion Location: 3rd Avenue, Banana Island, Ikoyi, Lagos

3rd Avenue, Banana Island, Ikoyi, Lagos Added today
Jonela Concept
Premium
₦12,930,000,000

Land for sale

Prime Waterfront Land Measuring 3,403 SQM.

Description: Prime waterfront land measuring 3,403 sqm. Location: Banana Island, Ikoyi, Lagos Price: ₦3.8 Million per sqm Title: Federal C of O Total Price: ₦12.93 Billion

Banana Island, Ikoyi, Lagos
Enerst Properties
Premium
₦5,200,000,000

Residential land for sale

Residential Land Measuring 1000SQM

For sale 1,000 just came out from banana island with federal C of O Price: N5.2bn net Contact 09072548408

Banana Island, Ikoyi, Lagos
Dannaagrofarmpropertyhub
2, 245SQM Waterfront Property — Residential Zone, Banana Island, Ikoyi, Lagos
Premium
1
₦4,500,000 per sq.m

Residential land for sale

2, 245SQM Waterfront Property

Waterfront property measuring 2,245sqm at the residential zone of Banana island. This property has nested within it a 5 Detached Duplex. An interested buyer can sell the waterfront land and keep the duplex or use as is. Title: Fed & Lagos Title Price: ₦4,500,000 / sqm Contact us Calls: +234 809 4990 098 WhatsApp: +234 902 2220 601, +234 80 3413 5274 AI Sales Agent: +1 (555) 712-3272

Residential Zone, Banana Island, Ikoyi, Lagos
2245 sqm
Ash Properties & Constructions LTD.
Waterfront Bare Land at the Mixed Zone — Mixed Use Area, Banana Island, Ikoyi, Lagos
Premium
1
₦5,200,000 per sq.m

Residential land for sale

Waterfront Bare Land at the Mixed Zone

A Waterfront Bareland measuring 2,800sqm at the mixed use area of Banana island. Fed. C of O ₦5.2m/ m² Contact: 0809 499 0098 0902 222 0601

Mixed Use Area, Banana Island, Ikoyi, Lagos
2800 sqm
Ash Properties & Constructions LTD.
Uniquely Positioned Plots Banana Island 1273 - 4800 SQM — Residential Area, Banana Island, Ikoyi, Lagos
Premium
1
₦5,800,000 per sq.m

Land for sale

Uniquely Positioned Plots Banana Island 1273 - 4800 SQM

Uniquely Positioned Plots -- Banana Island Situated within the Original layout, tucked away on a quiet street off 2nd Avenue. Land size: 1273sqm - 4800sqm Title: Lagos State C of O Price: ₦5,800,000 / m² Contact us +2348094990098 +2349022220601 +2348034135274

Residential Area, Banana Island, Ikoyi, Lagos
4800 sqm
Ash Properties & Constructions LTD.
2,245M² Waterfront Property with Demolishable Structure for Sale — Banana Island, Ikoyi, Lagos
Premium
2
$7,000,000

Land for sale

2,245M² Waterfront Property with Demolishable Structure for Sale

2,245m² Waterfront Property with Demolishable Structure for Sale in Banana Island HomeAll Properties...2,245m² Waterfront Property with Demolishable... 2,245m² Waterfront Property with Demolishable Structure for Sale in Banana Island Gallery itemGallery item 2,245m² Waterfront Property with Demolishable Structure for Sale in Banana Island For Sale $7,000,000 Duplex, LandApril 14, 2026 Residential ZoneBanana IslandIkoyiLagosNigeria Description Details Features Contacts Description Available for sale is a prime 2,245 square metre waterfront property with a demolishable structure, located in one of Banana Island's most prestigious residential enclaves. This offering presents a rare opportunity for a discerning developer to acquire a premium waterfront site suited for a high-value luxury residential scheme. The property is well positioned for the development of 10 units of waterfront 5-bedroom terrace houses, complemented by a jetty, swimming pool, gym, and other luxury amenities expected in a top-tier Banana Island development. With strong demand for premium residences in the estate and waterfront terraces commanding significant market value, this site presents an attractive proposition for developers seeking a project with clear upside potential. At an average market rate of about $2 million per terrace unit, the projected gross revenue for a 10-unit development is approximately $20 million, making this a compelling investment opportunity for developers focused on the luxury segment of the Lagos real estate market. Property Details Location: Banana Island, Lagos Street: 314 Close Property Type: Waterfront land with demolishable structure Land Size: 2,245m² Title: Lagos Certificate of Occupancy Asking Price: $7,000,000 Contact us +2348094990098 +2349022220601 +2348034135274

Banana Island, Ikoyi, Lagos
2245 sqm
Ash Properties & Constructions LTD.
Waterfront Land — Residential Area, Banana Island, Ikoyi, Lagos
Premium
1
₦5,500,000 per sq.m

Residential land for sale

Waterfront Land

Waterfront Land: Banana Island Reclaimed waterfront land in 2020 is available for sale in Banana Island. Area: Residential Zone, Banana Island Title: Lagos C of O Land size: 1005m² Price: ₦5.5M per m² Contact 0809 499 0098 0902 222 0601

Residential Area, Banana Island, Ikoyi, Lagos
1005 sqm
Ash Properties & Constructions LTD.
Waterfront Land — Residential Zone, Banana Island, Ikoyi, Lagos
Premium
1
₦5,500,000 per sq.m

Residential land for sale

Waterfront Land

Waterfront Land: Banana Island Reclaimed waterfront land in 2020 is available for sale in Banana Island. Area: Residential Zone, Banana Island Title: Lagos C of O Land size: 2,235m² Price: ₦5.5M per m² Contact 0809 499 0098 0902 222 0601

Residential Zone, Banana Island, Ikoyi, Lagos
2235 sqm
Ash Properties & Constructions LTD.
1998SQM Residential Land — Banana Island, Ikoyi, Lagos
Premium
2
₦5,000,000 per sq.m

Residential land for sale

1998SQM Residential Land

Mixed Use Area : Banana Island Land size: 1998m² Title: Fed. C of O Price: ₦5M per m² (Not Negotiable) Note: 2 Buyers can come together to buy this piece of land Enquiries: +2348094990098 +2349022220601

Banana Island, Ikoyi, Lagos
1998 sqm
Ash Properties & Constructions LTD.
Waterfront Land — Residential Zone, Banana Island, Ikoyi, Lagos
Premium
1
₦5,500,000 per sq.m

Residential land for sale

Waterfront Land

Waterfront Land: Banana Island Reclaimed waterfront land in 2020 is available for sale in Banana Island. Area: Residential Area, Title: Lagos Title Land size: 1,230m² Price: ₦5.5M per m² Contact 0809 499 0098 0902 222 0601

Residential Zone, Banana Island, Ikoyi, Lagos
1230 sqm
Ash Properties & Constructions LTD.
Waterfront Land Measuring 700SQM, with Foundation and a Jetty — Banana Island Estate, Banana Island, Ikoyi, Lagos
Premium
3
₦4,500,000,000

Residential land for sale

Waterfront Land Measuring 700SQM, with Foundation and a Jetty

For sale Waterfront land measuring 700sqm with foundation and a Jetty. Location- Banana Island, Ikoyi Price- N4.5billion asking Title- Lagos C of O Building approval is in place. Land can be bought and built up immediately

Banana Island Estate, Banana Island, Ikoyi, Lagos
700 sqm
Kairos Professional Services
2, 025M² Land — Banana Island, Ikoyi, Lagos
Premium
5
₦5,000,000 per sq.m

Residential land for sale

2, 025M² Land

2,025m² prime plot at 313 close, banana island Property Type: Undeveloped Land Location: 313 Close, Banana Island, Ikoyi Land Area: 2,025 m² Title: Federal C of O & Governor's Consent Asking Price: ₦5,000,000 per sqm a rare offer in a premier neighborhood with 100% clean legal title and immediate development potential.

Banana Island, Ikoyi, Lagos
2025 sqm
D&D Properties
Premium
₦4,800,000 per sq.m

Residential land for sale

Prime Residential Land for Ultra-Luxury Development

Prime land - Banana Island, Ikoyi Size: 1,000 sqm a rare opportunity to own land in a prime, fully residential location in Banana Island. Ideal for ultra-luxury residential development. Title: Federal C of O + Registered Deed of Assignment Price: N4.8 Million per sqm (NET) Total: N4.8 Billion Location: Banana Island Estate, Ikoyi Lagos' Most Exclusive Residential Enclave quad Strictly for qualified buyers. For Inspection & Enquiries:

Banana Island Estate Ikoyi Lagos State, Banana Island, Ikoyi, Lagos
1000 sqm
Vics-Ageless Home & Investment Limited
Water-Front Land Measuring 2200 SQM — Banana Island, Ikoyi, Lagos
Premium
5
₦4,000,000 per sq.m

Residential land for sale

Water-Front Land Measuring 2200 SQM

2200sqm Water-front Land located within Residential Zone, Banana Island Estate, Ikoyi, Lagos. Features include: Water-front plot; Suitable for Development of Town Houses, Block of Apartments or single Private Residence; etc. Sale Price is NGN4,000,000 (FOUR million NAIRA) per Square Meter. Federal Certificate of Occupancy (C of O). All pricing are as at july 22, 2026 and subject to adjustment. Kindly note: (1) All enquiries could be made between 8:00am -- 7:00pm (Monday -- Friday) and between 8:00am -- 2:00pm (Saturdays); (2) Our offices (including phone-lines) are closed on Sundays; (3) Viewing/inspection is only by appointment; (4) We require 2-Hour (minimum) advance notice for property viewing/inspection; (5) You can also reach us via these channels: [email protected]; +234(0)8059149400; +234(0)8188040221. Best Regards.

Banana Island, Ikoyi, Lagos
2200 sqm
First Colony Real Estate Company LTD
Nicely Located Prime 500SQM of Residential Land — Banana Island, Ikoyi, Lagos
Premium
2
₦3,100,000,000 per plot

Residential land for sale

Nicely Located Prime 500SQM of Residential Land

Secured this dream location for a beautiful residential property in the heart of banana island residential estate. It's 500sqm Price: ₦3.1B Title: Lagos state C of O Agency fees; 5% If interested, Inquire for more details +2348023146279

Banana Island, Ikoyi, Lagos
Stephen Aims Real Estate LTD
Prime Waterfront Land per SQM — Banana Island, Ikoyi, Lagos
Premium
1
₦3,800,000 per sq.m

Land for sale

Prime Waterfront Land per SQM

For sale Description: Prime waterfront land measuring 3,403 sqm Location: Banana Island, Ikoyi, Lagos Price: ₦3.8 Million per sqm Title: Federal C of O Total Price: ₦12.93 Billion Jm 30/8/26

Banana Island, Ikoyi, Lagos
3403 sqm
Tory's Realty
Premium
₦4,200,000 per sq.m

Residential land for sale

2,025 SQM Corner-Piece Land

Ref: IK - nse - 6 Description: 2025 SQM - Corner Piece Land Title: Federal C of O Location: Banana Island Ikoyi Purpose: Residential Use Price: 4.2m Per SQM Brokerage: 5% For More Information, Kindly Call/WhatsApp: Phone: 08180295362, 08035703715

Banana Island, Ikoyi, Lagos
2025 sqm
No SQM Escapes
Land Measuring 3,300SQM — Zone L, Banana Island, Ikoyi, Lagos
Premium
2
₦4,500,000 per sq.m

Mixed-use land for sale

Land Measuring 3,300SQM

.Location: Zone L - Banana Island. Strategic residential plot measuring 3300 sqms in Zone L - sand filled, firm and settled - ripe for immediate development of block of high rise apartments, massionates, etc. Title: Minister's Consent. Price N4.5m per sqms. *Note: No Split Sale.

Zone L, Banana Island, Ikoyi, Lagos
3300 sqm
Breathing Space

Showing 1–20 of 415 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 land for sale in Banana Island, Ikoyi, Lagos is ₦4,490,000,000.

Most land for sale in Banana Island, Ikoyi, Lagos are priced between ₦2,000,000,000 and ₦9,100,000,000.

Prices for land for sale in Banana Island, Ikoyi, Lagos go up to around ₦40,000,000,000.

Prices for land for sale in Banana Island, Ikoyi, Lagos start from around ₦1,600,000,000.

There are 415 available land for sale in Banana Island, Ikoyi, Lagos. You can view and filter the list of property by price, furnishing and recency.