Land for sale
Banana Island, Ikoyi, Lagos
Listing title:
prestigious and prime 1,000 sqm residential land, banana island, ikoyi ---
title: federal c of o
asking: ₦3,100,000,000
overview:
rare opportunity to acquire a premium 1,000 sqm residential land parcel on banana island, ikoyi --- offered under semi‑direct instruction. located in one of lagos' most prestigious enclaves, this well‑proportioned plot (frontage 49.80 m) can comfortably accommodate two detached luxury houses or a single high‑end estate. the land is offered with a federal certificate of occupancy (federal c of o), making it an ideal acquisition for hnw individuals, embassies, developers or end‑users seeking an ultra‑prime address.
key details:
- property type: vacant residential land
- size: 1,000 sqm
- frontage: 49.80 metres
- zone: residential
- location: banana island, ikoyi, lagos
- title: federal certificate of occupancy (federal c of o)
- sale type: semi‑direct instruction
- asking price: ₦3,100,000 per sqm
- indicative total price: ₦3,100,000,000
location & strategic advantages:
- iconic banana island address --- unparalleled prestige, security and exclusivity
- highly sought‑after neighbourhood with limited land supply and strong long‑term capital appreciation
- close proximity to key commercial and recreational nodes in ikoyi and victoria island
- estate infrastructure and managed environment: planned roads, drainage and estate security enhance development readiness and resident lifestyle
development potential & use cases:
- two detached luxury mansions (as stated) with private gardens, pools and staff quarters
- single exclusive private estate or bespoke family compound
- corporate/consular residence or high‑end executive housing (subject to regulatory approvals)
- potential for bespoke small‑scale high‑value redevelopment (subject to planning permissions)
title, documents & transfer:
- title: federal c of o --- clear and transferable. original documents and survey plan available for verified buyers
- seller to provide necessary paperwork on request to serious purchasers
due diligence & technical considerations:
prospective buyers are advised to undertake customary checks, including:
- title verification and chain of ownership review (inspect original federal c of o)
- on‑site boundary verification and inspection against survey plan
- planning/zoning confirmation with relevant authorities (permitted setbacks, coverage, far)
- geotechnical and flood risk assessment as part of project planning
- utility and infrastructure checks (estate service provisions, access points, water/power availability)
price, terms & additional costs:
- asking price per sqm: ₦3,100,000
- indicative total price for 1,000 sqm: ₦3,100,000,000
- price may be negotiable depending on payment terms and buyer qualification
- buyer to cover customary acquisition costs (legal fees, stamp duty, transfer fees, agency fees) unless otherwise agreed
viewing & next steps:
- site inspections and document review available by appointment for serious/qualified buyers
- photo gallery, survey plan and title copies available on request after proof of seriousness
- virtual/video tour can be provided for remote investors
- recommended next steps: request documents, schedule an on‑site visit, instruct legal/title search and commission technical surveys
contact:
message or call to request the federal c of o and survey plan, arrange a viewing, or discuss terms and parceling options. only serious and qualified buyers will be prioritised.
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₦3,100,000,000
The Build Centre Properties
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