Prime Residential Land with Full Building Approval

Semi-Direct Prime Land For Sale in Banana Island, Ikoyi, Lagos 500 SQM Federal Title + Lagos Ratification Full Building Approval & Drawings ₦3.5 Billion ≈ ₦7 Million per SQM Property Overview

• Location: Banana Island, Ikoyi, Lagos (in a serene and exclusive residential close).
• Land Size: 500 SQM.
• Title: Federal Title with Lagos State Ratification in place (providing a dual-layer of legal security and a clear pathway to a full Lagos State C of O).
• Asking Price: ₦3,500,000,000.
• Price per SQM: ₦7,000,000.
• Status: Bare land, fully approved, and completely ready for immediate development.

Key Highlights

• A True Developer's Delight: The property comes with complete architectural drawings and full building approval already secured. This saves the new owner months of bureaucratic delays, architectural fees, and planning risks.
• Exceptional Legal Security: The combination of a Federal Title with Lagos State Ratification ensures a highly secure and bankable ownership structure.
• Prestigious Residential Close: Located in a quiet, highly secure, and exclusive close within Banana Island, away from the main road noise.
• Semi-Direct Mandate: A streamlined transaction process, dealing directly with the authorized representative.
• Turnkey Construction Start: Because all approvals are in place, the buyer can mobilize to the site and begin construction almost immediately upon closing.

Development Potential With the building approvals already in hand, the land is perfectly suited for:

• Ultra-Luxury Detached Mansion: A sprawling 5- or 6-bedroom smart home with a pool, cinema, gym, and staff quarters.
• Boutique Residential Development: A bespoke block of high-end apartments or luxury maisonettes.
• Premium Corporate Guest House: A highly secure retreat for executives or expatriates.

(Note: The existing architectural drawings will dictate the exact approved structure). Location Benefits -- Banana Island, Ikoyi

• The Pinnacle of Luxury: Africa's most exclusive residential enclave, known globally for its elite residents, unmatched security, and waterfront lifestyle.
• World-Class Infrastructure: Underground electricity, piped water, central drainage, and beautifully paved roads.
• 24/7 Security: Gated island with controlled access and round-the-clock security patrols.
• Central Connectivity: Minutes from Ikoyi, Victoria Island, and Eko Atlantic.

Investment Value

• Asking Price: ₦3.5 Billion.
• Market Context: While the price per SQM (₦7M) is at the premium end, it is highly justified by the inclusion of full building approvals and architectural drawings. Buyers are effectively paying for a de-risked, shovel-ready project in Nigeria's most expensive neighborhood.
• Time is Money: Securing approvals on Banana Island can take a year or more. Purchasing a plot that is already approved provides an immediate advantage and a faster return on investment.
• Capital Appreciation: Land on Banana Island is a finite, blue-chip asset that consistently retains and grows its value.

Sale Opportunity A rare opportunity to acquire a fully approved, ready-to-build plot in Africa's most prestigious estate. Ideal for ultra-high-net-worth individuals or developers looking for a seamless, fast-tracked luxury project. Ideal For:

• Ultra-High-Net-Worth Individuals (UHNWIs) and Families.
• Top-tier Luxury Real Estate Developers.
• Institutional Investors or Family Offices.

Next Steps:

• Private Site Inspection.
• Review of Title Documents (Federal Title & Lagos Ratification).
• Review of Architectural Drawings and Building Approval.
• Proof of Funds & Purchase Negotiation.

Banana Island + 500 SQM + Full Approvals & Drawings + Federal Title/Ratification -- a turnkey luxury development opportunity. Semi-Direct Mandate -- Serious buyers with proof of funds only.