Nigeria Property Centre

Land for Sale in Banana Island, Ikoyi, Lagos

There are 385 land for sale in Banana Island as of 25 Aug 2026, with an average price of ₦4.5M. 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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Premium Land
1 photo
₦5,800,000 per sq.m

Land for sale

Premium Land

Prime land measuring 2,000sqm for sale in Banana Island.

2nd Avenue, Banana Island, Ikoyi, Lagos

Ubosi Eleh & Co

Verified Agent

Land for Sale — Banana Island, Ikoyi, Lagos
Premium
1
₦4,500,000,000

Land for sale

Land for Sale

Waterfront land measuring 700sqm at Banana Island (Residential area). Price - N4.5billion (asking) Title - Lagos C of O Land has a Jetty, Building Approval and Foundation 1,998 sqm corner piece mixed used Abuja street. Original layout. Banana island, Ikoyi, Lagos. 4.5M net per sqm. Good deal. Very good for high rise apartment. Size: 1906sqm Zone: p (2nd avenue Title: lag c of O Area: residential Price: 5m/sqm Size: 1200sqm Zone: G Title: lag c of O Area: residential Price: 6m/sqm Size: 1300sqm Zone: E Title: lag c of O Area: residential Price: 6m/sqm

Banana Island, Ikoyi, Lagos
Apple Properties
Waterfront 852SQMS Residential Land — 3rd Avenue, Banana Island, Ikoyi, Lagos
Premium
1
₦5,000,000 per sq.m

Residential land for sale

Waterfront 852SQMS Residential Land

Outright buyer needed Waterfront land off 3RD avenue - banana island Waterfront Residential Land measuring 852sqm strategically located off 3rd Avenue, Banana Island, Ikoyi. - Location: Off 3rd Avenue, Banana Island Estate - Size: 852 sqm - Title: Federal Certificate of Occupancy (Fed. C of O) - Topography: 100% Dry, Table Land - Use: Residential / Luxury Waterfront Development - Price: N5 Million per sqm - Total: N4.26 Billion Features: Direct waterfront, serene and secure environment, proximity to 2nd & 3rd Avenue infrastructure, ready to build.

3rd Avenue, Banana Island, Ikoyi, Lagos
852 sqm
Temisegun Concept Nigeria Limited
Premium
₦4,500,000,000

Land for sale

Prime Plot of Land

Banana island, ikoyi Prime plot in Banana Island, Ikoyi Land Size: 1,000 SQM Price: ₦4.5M per SQM a premium investment opportunity in one of Lagos' most prestigious and secure neighborhoods. Suitable for luxury residential development. For inspections and inquiries, please contact

Banana Island, Ikoyi, Lagos
1000 sqm
Giselle Homes
Rare 2, 270SQM Plot of Land — Banana Island, Ikoyi, Lagos
Premium
7
₦9,100,000,000

Residential land for sale

Rare 2, 270SQM Plot of Land

A large premium expanse of direct waterfront land measuring 2,270 square metres available for sale in Banana Island, Ikoyi --- Lagos most prestigious residential address. Property Details: - Location: Banana Island, Ikoyi, Lagos - Land Size: 2,270 sqm - Title: Certificate of Occupancy (FC of O) - Category: Residential Land - Positioning: Direct Waterfront Description: It is a rare opportunity to acquire a substantial direct waterfront parcel in the heart of Banana Island. Large-format plots of this size are increasingly scarce within the estate. This luxury waterfront plot of land in Banana Island offers premium waterfront frontage within Nigeria's most prestigious residential estate. The land is ideal for: - Ultra-luxury private mansion development - Waterfront estate compound - High-end redevelopment project - Long-term capital appreciation investment Banana Island remains the benchmark for luxury real estate in Nigeria, known for its exclusivity, security, infrastructure, and strong asset value preservation. Serious enquiries and buyers only. Contact us to schedule a tour. About Banana Island, Ikoyi Banana Island is Lagos' most prestigious and exclusive residential address, located in Ikoyi on Lagos Island. Known for its secure, gated environment and meticulously planned infrastructure, it is home to Nigeria's elite, top executives, diplomats, and high-net-worth individuals. The estate features wide roads, underground utilities, reliable power supply, and premium waterfront properties with direct lagoon access. With its privacy, luxury developments, and strong property value appreciation.

Banana Island, Ikoyi, Lagos
2270 sqm
Ejo Properties Limited
500 SQM Plot of Land — Parkview, Ikoyi, Lagos
Premium
3
₦800,000,000

Land for sale

500 SQM Plot of Land

A prime 500sqm waterfront plot in the newly developing Parkview Extension, offering beautiful views of the Lagoon, Ocean Parade, Banana Island, and the Ikoyi skyline. Price: ₦800 Million Size: 500sqm Location: Parkview Extension, Ikoyi Title: C of O Key Highlights: - Direct waterfront positioning - Excellent views and surroundings - Fast-developing luxury district - Ideal for a private luxury residence or premium development - Strong long-term investment potential - Limited waterfront land availability For enquiries, inspections, and further details, contact ejo Properties Limited.

Parkview, Ikoyi, Lagos
500 sqm
Ejo Properties Limited
Premium
₦4,200,000 per sq.m

Mixed-use land for sale

Fenced Waterfront Mixed-Use Land Measuring 3400SQM

Fenced waterfront mixed-use land measuring 3400sqm for sale in Banana Island, Lagos. Price: N4,200,000 per sqm

Banana Island, Ikoyi, Lagos
3400 sqm
F. a. Esan Consulting
852SQM Water Front Land — Off 3rd Avenue, Banana Island, Ikoyi, Lagos
Premium
1
₦4,260,000,000

Residential land for sale

852SQM Water Front Land

Waterfront land off 3RD avenue - banana island Waterfront Residential Land measuring 852sqm strategically located off 3rd Avenue, Banana Island, Ikoyi. - Location: Off 3rd Avenue, Banana Island Estate - Size: 852 sqm - Title: Federal Certificate of Occupancy (Fed. C of O) - Topography: 100% Dry, Table Land - Use: Residential / Luxury Waterfront Development - Price: N5 Million per sqm - Total: N4.26 Billion Features: Direct waterfront, serene and secure environment, proximity to 2nd & 3rd Avenue infrastructure, ready to build. Quad

Off 3rd Avenue, Banana Island, Ikoyi, Lagos
Gui Integrated Concept Limited
804SQM of Developed Land — Banana Island Road, Banana Island, Ikoyi, Lagos
Premium
1
₦4,500,000

Residential land for sale

804SQM of Developed Land

Plot A: 804 sqm of land (Facing Banana Island Road) Title: - Deed of Assignment - Survey - C of O Price: ₦4.5M per sqm Contact 09169725780

Banana Island Road, Banana Island, Ikoyi, Lagos
804 sqm
Danna Properties
Waterfront Residential Land Measuring 852SQM — Off 3rd Avenue, Banana Island, Ikoyi, Lagos
Premium
1
₦4,260,000,000

Residential land for sale

Waterfront Residential Land Measuring 852SQM

Exclusive sale > waterfront land off 3RD avenue - banana island Waterfront Residential Land measuring 852sqm strategically located off 3rd Avenue, Banana Island, Ikoyi. Property Details - Location: Off 3rd Avenue, Banana Island Estate - Size: 852 Sqm - Title: Federal Certificate of Occupancy (Fed. C of O) - Topography: 100% Dry, Table Land - Use: Residential / Luxury Waterfront Development - Price: ₦5,000,000 per Sqm - Total: ₦4,260,000,000 Features - Direct Waterfront - Serene and Secure Environment - Proximity to 2nd & 3rd Avenue Infrastructure - Ready to Build This is one of the few direct waterfront plots available in Banana Island. Ideal for immediate luxury residential development. For inspection & documentation WhatsApp / Call: 09169725780

Off 3rd Avenue, Banana Island, Ikoyi, Lagos
852 sqm
Danna Properties
Waterfront Residential Land — 3rd Avenue, Banana Island, Ikoyi, Lagos
Premium
1
₦4,260,000,000

Residential land for sale

Waterfront Residential Land

Exclusive sale > waterfront land off 3RD avenue - banana island Waterfront Residential Land measuring 852sqm strategically located off 3rd Avenue, Banana Island, Ikoyi. Property Details - Location: Off 3rd Avenue, Banana Island Estate - Size: 852 Sqm - Title: Federal Certificate of Occupancy (Fed. C of O) - Topography: 100% Dry, Table Land - Use: Residential / Luxury Waterfront Development - Price: ₦5,000,000 per Sqm - Total: ₦4,260,000,000 Features - Direct Waterfront - Serene and Secure Environment - Proximity to 2nd & 3rd Avenue Infrastructure - Ready to Build This is one of the few direct waterfront plots available in Banana Island. Ideal for immediate luxury residential development. Ipa

3rd Avenue, Banana Island, Ikoyi, Lagos
852 sqm
Gillards Property
852SQM Strategically Located Direct Waterfront Residential Land — Off 3rd Avenue, Banana Island, Ikoyi, Lagos
Premium
1
₦5,000,000 per sq.m

Residential land for sale

852SQM Strategically Located Direct Waterfront Residential Land

Outright buyer needed Banana island, waterfront. Waterfront land off 3RD avenue - banana island Waterfront Residential Land measuring 852sqm strategically located off 3rd Avenue, Banana Island, Ikoyi. - Location: Off 3rd Avenue, Banana Island Estate - Size: 852 sqm - Title: Federal Certificate of Occupancy (Fed. C of O) - Topography: 100% Dry, Table Land - Use: Residential / Luxury Waterfront Development Price: N5 Million per sqm Total: N4.26 Billion Features: - Direct waterfront - Serene and secure environment - Proximity to 2nd & 3rd Avenue infrastructure - Ready to build Olajbatdangbe

Off 3rd Avenue, Banana Island, Ikoyi, Lagos
852 sqm
David Moren Property Services
Premium
₦4,500,000 per sq.m

Mixed-use land for sale

600 &700SQM Mixed-Use Land Plots

For Sale in Banana Island Mixed used plots measuring approx 600sqm & 700sqm Price: N4.5m per sqm Title: FGN cofo

Banana Island, Ikoyi, Lagos
600 sqm
Chiritzhomes
Prime Waterfront Plots Offering High Capital Gain — Parkview, Ikoyi, Lagos
Premium
3
₦1,700,000,000

Land for sale

Prime Waterfront Plots Offering High Capital Gain

Premium waterfront land available in Ikoyi Parkview Extension, a fast-developing luxury waterfront district. Available Sizes: - 1,000sqm --- ₦1.7 Billion Title: Certificate of Occupancy (C of O) Key Highlights - Direct waterfront positioning - Views of Banana Island, Ocean Parade and the Ikoyi skyline - Ideal for a luxury residence or high-end development - Strong investment and capital appreciation potential - Located within a growing luxury waterfront enclave For enquiries, inspections, and further details, contact ejo Properties Limited.

Parkview, Ikoyi, Lagos
1000 sqm
Ejo Properties Limited
Prime 2, 281.291SQM Trophy Development Site — Ikoyi, Lagos
Premium
4
₦9,580,000,000

Land for sale

Prime 2, 281.291SQM Trophy Development Site

An exceptional opportunity to acquire 2,281.291sqm of premium land on the prestigious Ikoyi---one of Lagos' most exclusive and highly valued addresses. Large development sites with a Federal Certificate of Occupancy in this prime location are increasingly scarce, making this a remarkable investment for discerning developers and institutional investors. Positioned within one of Nigeria's most affluent neighbourhoods, the property offers outstanding potential for luxury residential, commercial, or mixed-use developments, with excellent long-term capital appreciation. Location: Ikoyi, Lagos Land Size: 2,281.291sqm Title: Federal Certificate of Occupancy (Federal C of O) Price: ₦4.7 Million per sqm Total Price: ₦9.58Billion Best Use - Ultra-luxury residential apartments - High-end detached residences - Luxury serviced apartments - Boutique hotel - Corporate headquarters - Mixed-use development Investment Highlights - Prestigious Bourdillon Road address - Large development parcel in a tightly held market - Federal C of O providing strong title security - Ideal for institutional and luxury residential developments - Excellent capital appreciation potential - Easy access to Banana Island, Victoria Island, and key business districts - One of the few remaining sizeable plots in this prime corridor A rare opportunity to secure a landmark development site in one of Lagos' most prestigious real estate markets, combining location, scale, and strong title documentation. For enquiries, inspections, and further details, contact ejo Properties Limited. Note: Pictures are for illustrative purposes only.

Ikoyi, Lagos
2281 sqm
Ejo Properties Limited
Land 3, 403 SQM — Banana Island, Ikoyi, Lagos
Premium
1
₦12,930,000,000

Residential land for sale

Land 3, 403 SQM

Prime Land -- Banana Island, Ikoyi Size: 3,403 sqm Location: Banana Island, Ikoyi, Lagos Title: Federal C of O Price: ₦3.8 Million per sqm Total Price: ₦12.93 Billion Dreff Golde

Banana Island, Ikoyi, Lagos
3403 sqm
Charis Estate
2, 245SQM Waterfront Land with a Structure — Banana Island, Ikoyi, Lagos
Premium
1
₦4,500,000 per sq.m

Residential land for sale

2, 245SQM Waterfront Land with a Structure

Waterfront Property for sale : Banana Island 2,245Sqm waterfront property with a structure on it Location: Residential Area, Banana island Title: Fed & Lag. Titles Price: ₦4.5m / Sqm $chijo

Banana Island, Ikoyi, Lagos
Mapida Homes
Premium Waterfront Land — Banana Island, Ikoyi, Lagos
Premium
1
₦3,500,000 per sq.m

Residential land for sale

Premium Waterfront Land

Premium Waterfront Land available for sale in Ikoyi Lagos Location: Banana Island, Ikoyi Size: 1,300 sqm 3.5M per SQM Title: Fed C of O For more information, inspections and easy closing call Tenacious: 08107464741

Banana Island, Ikoyi, Lagos
1300 sqm
Tenancious Realtors and Properties
9000SQM Prime Land — Banana Island, Ikoyi, Lagos
Premium
1
₦40,500,000,000

Mixed-use land for sale

9000SQM Prime Land

This is a fantastic opportunity to own land in banana island 9,000sqm up for sale located in 3rd Avenue Title - Federal Certificate of Occupancy It can be partitioned into two equal sized sections of 4,500sqm each

Banana Island, Ikoyi, Lagos
50 Parking 9000 sqm
Ashrow Property Services LTD
Prime Mixed-Use Land with Duplexes — Onikoyi Road, Banana Island, Ikoyi, Lagos
Premium
16
₦4,500,000 per sq.m

Mixed-use land for sale

Prime Mixed-Use Land with Duplexes

This is a Mixed use prime property on 4500m2. All these are facing the main Onikoyi road near Banana Island, fully fenced and gated. Each square meter is N4.5M. We are ready for inspections and available to provide more details. Thanks

Onikoyi Road, Banana Island, Ikoyi, Lagos
4500 sqm
Zafiro Homes and Events

Showing 1–21 of 385 properties

Area Guide

About Ikoyi, Lagos

By and large, Ikoyi is a posh neighbourhood with a mishmash of exquisite residential apartments and commercial presence.

Ikoyi borders the Lagos Lagoon and takes up the eastern half of Lagos Island. It is one of the towns that make up the Eti-Osa Local Government Area of Lagos state.

Originally, the British Colonial Governments designated Ikoyi as a residential area for the expatriate community perhaps due to its proximity to the sea. However this arrangement changed with time with big establishments locating their corporate headquarters at Ikoyi. Ikoyi is home to the creme de la creme of the Nigerian society, from diplomats to senior company, business executives and senior public servants.

Read the full area guide
FAQ

Frequently asked questions

The average price of land for sale in Banana Island, Ikoyi, Lagos is ₦4,500,000 per square meter.

The price of the most expensive land for sale in Banana Island, Ikoyi, Lagos is ₦6,000,000 per square meter.

The price of the cheapest land for sale in Banana Island, Ikoyi, Lagos is ₦3,000,000 per square meter.

There are 385 available land for sale in Banana Island, Ikoyi, Lagos. You can view and filter the list of property by price, furnishing and recency.

Prices for land for sale in Banana Island, Ikoyi, Lagos range from ₦1,300,000 to ₦40,500,000,000.