Residential Land: 2,850 SQM + an Additional 400 SQM (Total: 3,250 SQM) .

Prime Bareland Development Site For Sale in Banana Island, Ikoyi, Lagos 3,250 SQM Total (2,850 SQM + 400 SQM) Transferable Company Title ₦4.5 Million per SQM Total: ₦14.625 Billion Property Overview

• Location: L8, Banana Island, Ikoyi, Lagos.
• Land Size: 2,850 SQM + an additional 400 SQM (Total: 3,250 SQM).
• Title: Held in a company name and fully transferable (allows for either a share transfer or direct land transfer, subject to legal structuring).
• Asking Price: ₦4,500,000 per SQM.
• Total Asking Price: ₦14,625,000,000 (≈ ₦14.625 Billion).
• Status: Prime bare land, ready for a landmark ultra-luxury development.

Key Highlights

• Africa's Most Exclusive Address: Banana Island is the pinnacle of luxury living in Nigeria, renowned globally for its unmatched security, underground utilities, and elite residents.
• Massive Institutional-Scale Parcel: Over 3,250 SQM of contiguous land is exceptionally rare on the island. This scale allows for a sprawling private estate, a high-density luxury tower, or a mixed-use landmark.
• Strong, Transferable Title: Being held in a company name provides a secure and verifiable legal structure, facilitating a smooth transaction for corporate entities or high-net-worth individuals.
• Clean Slate: Bare land with no existing structures means the new owner can build a custom masterpiece from the ground up without demolition costs or delays.
• Premium Pricing: At ₦4.5M per SQM, the pricing is highly competitive for Banana Island, where prime land often trades at a premium.

Development Potential Given the immense scale and prestigious location, the land is perfect for:

• Ultra-Luxury Residential Estate: A gated cluster of 4--6 sprawling luxury villas/mansions.
• High-End Apartment Tower: A boutique high-rise offering panoramic lagoon views and premium amenities (pool, spa, gym, concierge).
• Branded Residences: Partnering with an international luxury hotel brand for serviced apartments.
• Private Corporate Retreat: A highly secure compound for a multinational or high-net-worth family office.

Location Benefits -- L8, Banana Island

• Unrivaled Security: Gated island with 24/7 manned security, CCTV surveillance, and controlled access.
• World-Class Infrastructure: Underground electricity, piped water, central drainage, and meticulously paved roads.
• Waterfront Lifestyle: Lagoon views, potential marina access, and a serene environment.
• Proximity to Business Hubs: Minutes from Ikoyi, Victoria Island, and Eko Atlantic.
• Limited Supply: New development sites on Banana Island are increasingly rare, making this a legacy asset.

Investment Value

• Asking Price: ₦14.625 Billion (₦4.5M/SQM).
• Market Context: Banana Island land values have historically shown exceptional resilience and long-term appreciation. At ₦4.5M/SQM, this offers significant upside potential compared to other premium locations.
• Legacy Asset: A tangible statement of success and an unshakable investment in prestige.
• Rental & Resale Potential: Ultra-high-net-worth individuals and expatriates consistently drive demand for properties on the island, ensuring high rental yields and resale value.

Sale Opportunity A once-in-a-generation opportunity to acquire a massive, fully titled land bank in Africa's most exclusive estate. Perfect for institutional investors, luxury developers, or UHNWIs seeking a landmark project. Ideal For:

• Ultra-High-Net-Worth Individuals (UHNWIs) & Families.
• Top-Tier Real Estate Development Firms.
• Institutional Investors & Sovereign Wealth Funds.
• International Luxury Hospitality Brands.

Next Steps:

• Private Inspection (Strictly by appointment).
• Title Verification (Company documents and land title at the Lagos State Lands Bureau).
• Proof of Funds required prior to engagement.
• Purchase Negotiation & Legal Structuring.

L8, Banana Island + 3,250 SQM + Transferable Company Title + ₦4.5M/SQM -- a definitive opportunity to build a legacy. Call to book your private inspection today. Serious inquiries only.