There are 25 land joint venture in Banana Island. 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.
3000 SQM Premium Land with Quick Returns on Investment
Joint venture @banana island ikoyi Size - 3000sqm Value: 12Billion Proposal: open Title :c of o Premium: Nil Fees: 10% Net. None negotiable.
Banana Island, Banana Island, Ikoyi, Lagos
3000 sqm
Ambuiltech Project & Services Ventures LTD
Premium
₦8,500,000,000
Residential land joint venture
1700 SQM Land
Banana island zero premium JV just out Land size:- 1,700sqm Residential zone. Land title:- lasg C of O Land value:- #8.5Billion (not negotiable). Proposal:- Proposal open, but must include one Detached house for the land owner Sharing ratio:- 50/50 (not negotiable) Agency fee:- 10% of total land value net. PLS note The Developer must have traceable completed projects in either Ikoyi, Victoria Island or Banana Island. No agent is permitted to write on behalf of the developer, all letters must be written on the company letter head papers of the developer and signed by him or his director The developer should also indicate in his loi the construction company he'll be engaging for this project. The agency fee's letter must come separately too. The developer should indicate in his loi that he's ready to include one Detached house in the compound for the land owner
Residential Zone, Banana Island, Banana Island, Ikoyi, Lagos
1700 sqm
Ambuiltech Project & Services Ventures LTD
Premium
1
₦5,000,000,000
Mixed-use land joint venture
511.66 Acres Waterfront Reclamation Project
511.66 Acres Waterfront Reclamation Project This is a rare opportunity for experienced investors and reclamation developers to partner on one of Lagos' most significant waterfront projects. Key Highlights: Location: Banana Island Estate, Ikoyi, Lagos Land Size: 511.66 Acres (Reclaimable) Title: Survey & Registered Supreme Court Judgment Premium: ₦5 Billion JV Structure: Sharing Formula -- To Be Agreed Facilitators' Fee: ₦2 Billion + 10% land allocation (or monetised equivalent) Water Access: Accessible via the Marina Waterway Investor Responsibilities: - Perfect the property's title. - Obtain all required reclamation approvals and permits from the relevant government agencies. Transaction Process: - Letter of Intent (LOI) - Company Profile - Fee Protection Agreement (FPA) - Bank Comfort Letter
Banana Island, Ikoyi, Lagos
Jonela Concept
Premium
1
₦6,500,000,000
Residential land joint venture
1400 SQMS Land
Banana Island, Ikoyi. 1,400 SQM. Joint Venture. ₦6,500,000,000 Land Value. ₦1,000,000,000 Premium. Federal Certificate of Occupancy. This Is Not a Home for a Renter to Buy. This Is the Plot a Developer Has Been Waiting For. The problem There is a category of Lagos real estate conversation that has nothing to do with escaping a landlord --- and this listing sits squarely inside it. Most JV opportunities marketed as "Banana Island" turn out to be undersized, poorly titled, or attached to a landowner whose sharing terms make the arithmetic unworkable before a single foundation is poured. Developers who have spent years circling this island for a genuine build slot know the actual bottleneck isn't capital. It's finding 1,400sqm, Federal C of O, on the island itself, from an owner who has already stated what they want built. This listing removes that bottleneck. The owner has already specified the outcome: a block of luxury flats, or luxury terrace houses with a penthouse. The title is Federal C of O --- the cleanest instrument available on this island. The land size is large enough to support a real development footprint, not a compressed one. The question isn't whether Banana Island is the correct address for a luxury residential development. It's whether this specific parcel, at this specific value, is the one worth committing construction capacity to before another developer does. The agitation Here is what the numbers on Banana Island JV land actually show right now. Recent comparable JV parcels on the island have valued land anywhere from roughly ₦850,000/sqm on older-dated listings up to ₦2.1M/sqm, ₦4M/sqm, and ₦5M/sqm on more recent 2026-dated JV offers --- a spread that reflects waterfront position, zoning, and how recently the parcel was valued. A 1,500sqm JV parcel currently listed elsewhere on the island values land at ₦5M/sqm for a total of ₦7.5B, proposing a mixed low-rise-to-penthouse structure comparable in ambition to what this owner is requesting. This listing --- 1,400sqm, ₦6.5B land value, ₦1B premium --- works out to approximately ₦4.64M per sqm before the premium is factored in. That places it inside the current Banana Island JV range, priced below the ₦5M/sqm comparable cited above, on a parcel large enough to support either of the two development formats the owner has already approved. The scarcity is not abstract. Banana Island's land supply for JV-ready parcels with Federal C of O --- as opposed to Lagos State C of O, or land still working through title perfection --- has been consistently limited, which is precisely why the JV structure exists at all: the owners holding this land are not selling it outright, and they are not releasing it to just any developer. Every month a qualified developer defers engaging this specific parcel, the risk isn't that the price falls. It's that another development partner with proof of capacity closes it first. The solution 1,400 square metres of residential land, Banana Island, Ikoyi. Federal Certificate of Occupancy. ₦6,500,000,000 land value. ₦1,000,000,000 premium. Owner-approved development path: a block of luxury flats, or luxury terrace houses with a penthouse. Here is what this parcel actually delivers to the developer who can close it: Federal Certificate of Occupancy. The strongest individual title instrument available under Nigerian land law, superior in registration standing to a Lagos State-issued C of O or a Deed of Assignment awaiting Governor's Consent. For a developer financing construction against this land, or presenting to institutional co-investors, a Federal C of O removes the single biggest source of delay and legal risk in a Lagos JV --- title uncertainty. 1,400sqm on Banana Island itself. Not an adjacent axis, not a "Banana Island-adjacent" address used loosely by other listings. This is land on the island the entire luxury Lagos market treats as the ceiling reference point --- the address every other Ikoyi and VI comparable gets measured against, not the reverse. Owner-defined development brief. The owner is not asking a developer to guess what will be approved. Luxury flats, or luxury terrace houses with a penthouse, are already the stated preference --- which shortens the negotiation phase considerably compared to a JV where design intent is still undefined. ₦6.5B land value against a market range of ₦4M--₦5M/sqm on comparable 2026 JV parcels. At approximately ₦4.64M/sqm, this parcel sits inside --- and below the top of --- the current range for genuine Banana Island JV land, before any premium negotiation. ₦1B premium. Disclosed upfront, not buried in a facilitator's fee structure discovered mid-negotiation. A developer evaluating this deal knows the full cost basis before committing time to due diligence. Why this beats the alternative JV parcels currently circulating. Several Banana Island JV listings on the market right now carry ambiguous or undisclosed premiums, Lagos State C of O rather than Federal, or land sizes too small to support anything beyond a compressed low-rise. This parcel discloses its premium, holds the stronger title, and sits at a size that supports a genuine luxury block or terrace-with-penthouse format --- the exact profile that has driven the strongest resale and rental yields on the island over the past several years. The call to action 1,400sqm. Banana Island, Ikoyi. Federal C of O. ₦6,500,000,000 land value. ₦1,000,000,000 premium. Development path: luxury flats or luxury terrace houses with penthouse. This is not an offer for a corporate professional looking to stop renting. This is a JV slot for a developer, construction firm, or family office with the capacity to execute a Banana Island-grade build and the documentation to prove it. Call the agent, or send your company profile for survey review, via Smilebay Realties: +234 901 517 4801. Serious developers only. Proof of construction capacity required before terms are discussed. The island doesn't release land like this often. The title is already Federal C of O. The brief is already written. The developer who closes it hasn't been decided yet. Land Type: Residential Land --- Joint Venture Size: 1,400 sqm Land Value: ₦6,500,000,000 Premium: ₦1,000,000,000 Title: Federal Certificate of Occupancy (C of O) Owner's Development Preference: Block of luxury flats, or luxury terrace houses with penthouse Security: Security/gateman Location: Banana Island, Ikoyi, Lagos NPC Comparable Context (Banana Island JV/land market, 2026): 1,500.23sqm JV parcel, Banana Island Estate --- ₦5,000,000/sqm (₦7.501B total) 2,300sqm JV parcel, Banana Island (mixed zone) --- ₦4,000,000/sqm + ₦300M premium 1,900sqm JV parcel, Banana Island (corner piece) --- ₦2,100,000/sqm This listing: 1,400sqm, Banana Island --- approx. ₦4,640,000/sqm + ₦1B premium Posted: 24 July 2026 Listed by: Smilebay Realties Limited --- Ref: #358-722-7
Banana Island, Ikoyi, Lagos
Smilebay Realties Limited
Premium
₦7,500,000
Mixed-use land joint venture
Land Measuring 1, 500.23 SQM
Exclusive JV opportunity -- banana island, ikoyi Prime Land for Luxury High-Rise Development Location: Banana Island Estate, Ikoyi -- Nigeria's most prestigious address Land Size: 1,500.23 SQM Land Value: ₦5M per SQM Total Land Value: ₦7.501 Billion Premium: Subject to Discussion Proposed Development: - Floors 1--2: Car Park - Floors 3--5: Block of Luxury Apartments - Floors 6--7: 4 Units of 4-Bedroom Maisonettes - Floor 8: 2 Units of Exclusive Penthouses - Open to additional design options JV Structure: - Sharing Formula: 50/50 - Facilitator's Fee: 10% Why This Deal Stands Out: - Rare JV slot in Elite Banana Island Estate - Perfect for luxury residential development with global buyer appeal - High demand for premium Ikoyi apartments = Strong roi Engagement Terms: Strictly for direct developers or valid mandates of developers only. Proof of capacity required. No brokers, no middlemen. Serious engagements only. awdsheb
Banana Island, Ikoyi, Lagos
1500 sqm
Awodd Properties LTD
Premium
₦5,000,000
Land joint venture
Prime 12, 000 SQM of Land for Development in a Mixed-Use Zone
Prime 12,000 sqm of Land for Joint Venture Development in a Mixed-use Zone within Banana Island Estate, Ikoyi, Lagos This is an outstanding Joint Venture opportunity to develop a 12,000 sqm prime land parcel strategically located within the prestigious Banana Island Estate, Ikoyi, Lagos. Positioned in a designated mixed-use zone, this exceptional property offers developers and institutional investors the opportunity to execute a landmark project in one of Nigeria's most exclusive and high-value real estate markets. The landowner seeks an experienced and financially capable development partner to deliver a high-value mixed-use project that maximizes returns for all Joint Venture partners. The proposed structure is designed to foster a mutually beneficial partnership, with commercial terms open to discussion. Qualified developers, institutional investors, private equity firms, and strategic real estate partners are invited to express their interest. Development Potential The site is ideally suited for a world-class mixed-use development, including: -Luxury residential apartments -Premium office spaces -Branded residences -Hospitality and serviced apartments -Retail and lifestyle facilities -Corporate headquarters -High-end commercial developments Why This Opportunity? -Prime location -Large 12,000 sqm development site -Mixed-use zoning offers exceptional flexibility -Strong capital appreciation and investment potential -Excellent accessibility and premium surroundings -Opportunity to deliver a landmark development in one of Africa's most exclusive addresses Title: Federal C of O Land Value: ₦5,000,000/sqm Preferred Development: High-value mixed-use project that delivers optimal returns to all JV partners. Image code: CPP LD391 To schedule a viewing, send a dm or call, +234 813 868 2907 or, +234 911 064 9112
Banana Island, Ikoyi, Lagos
12000 sqm
Casa Prime Realty
Premium
₦20,000,000,000
Land joint venture
Prime 5, 000 SQM Development Site in the Prestigious Address
Prime 5,000 sqm Development Site in the Prestigious Banana Island Estate, Ikoyi, Lagos This is an exceptional opportunity to partner on the development of a prime 5,000 sqm parcel of land in the highly coveted Banana Island Estate, Ikoyi, Lagos; Nigeria's premier luxury residential and investment destination. This landmark property presents an ideal opportunity for reputable developers, institutional investors, and strategic partners seeking to execute a world-class residential or mixed-use development in one of Africa's most exclusive real estate markets. The property owner is seeking a credible and financially capable development partner under a mutually beneficial Joint Venture arrangement. The structure is open for discussion, allowing both parties to establish terms that align with their development objectives and investment goals. Serious developers, investment firms, and qualified partners are invited to express their interest. This premium development site is suitable for: -Luxury waterfront residences -Ultra-luxury apartments -High-end detached villas -Branded residences -Mixed-use luxury developments -Exclusive gated residential communities Why This Opportunity? -Prime location -Zero premium requirement -Exceptional capital appreciation potential -Flexible and mutually beneficial Joint Venture structure -Ideal for experienced developers and institutional investors -Located within one of the most valuable and sought-after real estate markets in Nigeria Title: C of O Land Value: ₦20,000,000,000 Premium: Nil Proposal: Open to mutually beneficial development partnerships. Image code: CPP LD390 To schedule a viewing, send a dm or call, +234 813 868 2907 or, +234 911 064 9112
Banana Island, Ikoyi, Lagos
5000 sqm
Casa Prime Realty
Premium
₦8,500,000,000
Land joint venture
Land
Joint venture @ banana island, lagos Land size:- 1,700sqm @ residential zone. Land title:- lasg C of O Land value:- #8.5Billion (not negotiable) osho Premium:- Nill Proposal:- Proposal open, but must include one Detached house for the land owner. Sharing ratio:- 50/50 (not negotiable) Agency fee:- 10% of total land value net. PLS note The Developer must have traceable completed projects in either Ikoyi, Victoria Island or Banana Island. No agent is permitted to write on behalf of the developer, all letters must be written on the company letter head papers of the developer and signed by him or his director. the developer should also indicate in his loi the construction company he'll be engaging for this project. the agency fee's letter must come separately too. the developer should indicate in his loi that he's ready to include one Detached house in the buildings for the land owner. Bimbo
Banana Island, Ikoyi, Lagos
Wilson Communications Interprises
Premium
1
₦8,500,000,000
Land joint venture
Land
Joint venture @ banana island, lagos Land size:- 1,700sqm @ residential zone. Land title:- lasg C of O Land value:- #8.5Billion (not negotiable) osho Premium:- Nill Proposal:- Proposal open, but must include one Detached house for the land owner. Sharing ratio:- 50/50 (not negotiable) Agency fee:- 10% of total land value net. PLS note The Developer must have traceable completed projects in either Ikoyi, Victoria Island or Banana Island. No agent is permitted to write on behalf of the developer, all letters must be written on the company letter head papers of the developer and signed by him or his director. the developer should also indicate in his loi the construction company he'll be engaging for this project. the agency fee's letter must come separately too. the developer should indicate in his loi that he's ready to include one Detached house in the buildings fo the land owner. Bimbo
Banana Island, Ikoyi, Lagos
Wilson Communications Interprises
Premium
₦4,000,000
Land joint venture
Lamd Size 2, 300 JV Just Out
Banana island JV Just out Land size 2,300SQM Land title lagos state Zone mixed Land value 4m per SQM Preferred proposal Apartment Premium 300m
Banana Island, Ikoyi, Lagos
Wilson Communications Interprises
ADVERTISEMENT750 × 120
Premium
₦5,000,000,000
Mixed-use land joint venture
Reclamation Project: 511 Acres
Reclamation project at the following areas: Banana Island; 511 Acres Ikoyi-Itedo; 531 Acres Eleko; 7000 Acres Victoria Garden City; 3000 Acres Title Document: Supreme Court judgement (1914). *Bio/Roof WhatsApp number Vol 19 29
Banana Island, Ikoyi, Lagos
Crestforesight Homes & Properties LTD
Featured
₦7,501,000,000
Mixed-use land joint venture
Exclusive Opportunities Joint Venture in a Prime Area Without Stress
Exclusive JV opportunity -- banana island, ikoyi Prime Land for Luxury High-Rise Development Location: Banana Island Estate, Ikoyi -- Nigeria's most prestigious address Land Size: 1,500.23 SQM Land Value: ₦5M per SQM Total Land Value: ₦7.501 Billion Premium: Subject to Discussion Proposed Development: - Floors 1--2: Car Park - Floors 3--5: Block of Luxury Apartments - Floors 6--7: 4 Units of 4-Bedroom Maisonettes - Floor 8: 2 Units of Exclusive Penthouses - Open to additional design options JV Structure: - Sharing Formula: 50/50 - Facilitator's Fee: 10% net Why This Deal Stands Out: - Rare JV slot in Elite Banana Island Estate - Perfect for luxury residential development with global buyer appeal - High demand for premium Ikoyi apartments = Strong roi Engagement Terms: Strictly for direct developers or valid mandates of developers only. Proof of capacity required. No brokers, no middlemen. Serious engagemen
Banana Island, Ikoyi, Lagos
1500 sqm
Toluwa Global Investment LTD
Featured
1
₦5,000,000
Land joint venture
Land Measuring 1, 500.23SQM
Banana island JV 5M/SQM IKOyi Exclusive Joint Venture Opportunity -- Just Out Prime Land for Luxury High-Rise Development Location: Banana Island Estate, Ikoyi Land Size: 1,500.23sqm Land Value: ₦5M per sqm Premium: to be discuss Development Proposal: 1&2nd floor for car park. 3,4 and 5th floor Block of Luxury Apartments. 6&7 floors 4units of 4 bedrooms massionatte 8th floor 2 units of penthouse JV Structure: - Sharing Formula: 50/50 - Facilitator's Fee: 10% Highlights: - Located in Elite Banana Island - Ideal for Luxury Residential Development - High Demand for Premium Apartments - Strong roi & Global Market Appeal Advantages: - Exclusive & Secure Environment - Prime Ikoyi Address - Limited Land Supply in Area - Suitable for High-Net-Worth Target Market Important Note: - Strictly for Capable, Credible & Competent Developers - Proof of Capacity Required - Serious Engagements Only Note: Rare JV Opportunity in Banana Island -- High-Value Deal Bim
Banana Island, Ikoyi, Lagos
Wilson Communications Interprises
Featured
₦24,000,000,000
Land joint venture
Land Size: 5, 300 SQM Waterfront
For sale or JV banana island waterfront -- rare opportunity 5,300 sqm Federal C of O ₦24B One of the last large waterfront parcels on Banana Island with an existing structure. Location: Banana Island, Ikoyi, Lagos Land Size: 5,300 sqm waterfront ️ Structure: Beautiful existing building on site Title: Federal Certificate of Occupancy Price: ₦*24Billion !!!* Why it's premium: - Banana Island waterfront address -- Lagos' most exclusive enclave - Federal C of O gives maximum security and bankability - Existing structure reduces entry cost and allows immediate use or rental income - Ideal for ultra-luxury residence, family compound, or flagship commercial redevelopment Source: Ony financially Serious buyers will be attended to immediately! Bim
Banana Island, Ikoyi, Lagos
Wilson Communications Interprises
Featured
₦300,000,000
Land joint venture
Land Size 2000SQM
Banana Island Jv Just out Land size? 2000sqm Land title? Lagos state Zone? Mixed Land value 4m per sqm Preferred proposal Apartments Premium 300m Bim
Banana Island, Ikoyi, Lagos
Wilson Communications Interprises
Featured
₦9,000,000,000
Mixed-use land joint venture
A Bare Land Measuring 2300 SQM
Banana Island Jv Just out Land size 2300sqm Land title? Lagos state c of o Land value? 4m per sqm Preferred proposal : Apartments Premium: 300m awdeken
Banana Island, Ikoyi, Lagos
2300 sqm
Awodd Properties LTD
Featured
₦7,500,000,000
Land joint venture
JV Opportunity: 1, 500SQM Prime Land in Babana Island - 10-Floor Flats
JV opportunity - Banana Island Estate - Land Size: 1,500sqm bareland - Land Value: ₦7.5bn - Proposal: Block of flats, 10 floors - Sharing Formula: TBD Prime Banana Island location. Open for serious developers only. Time wasters back off!!
Banana Island, Ikoyi, Lagos
D'zeenah Properties
Featured
₦13,500,000,000
Land joint venture
3000SQM Watert Front Land with a Six Bedroom Detached Structure
Just out for JV in banana island Location: 217 Close banana island, Ikoyi 3000sqm watert front land with a Six bedroom detached structure Proposal: Blocks of Flats/ massionate of at most 5 floors for residential or your design can be looked into. Value: N4.5m per sqm Sharing formula: 50/50 slightly negotiable Refundable premium of N1.5bill Title: C of O Facilitators fees: 10% To meet the owner: Developer Profile and Proposal must be submitted. @rot$$
217 Close, Banana Island, Ikoyi, Lagos
3000 sqm
Temosh Global Properties LTD
₦60,000,000,000
Land joint venture
Waterfront 12, 000 SQM
Joint venture opportunity in banana island, waterfront 12,000 SQM Waterfront Federal C of O High-Rise Mixed-Use Development Land Value: ₦60 Billion An exceptional opportunity to partner on a 12,000 sqm prime waterfront property in Banana Island, Lagos' most prestigious residential and investment destination. The site is ideal for a luxury high-rise, mixed-use, or iconic residential development. Property Details Location: Banana Island, Lagos Land Size: 12,000 sqm Waterfront Title: Federal C of O Land Value: ₦5,000,000 per sqm (₦60 Billion) Development: Residential (Maximum 6 floors each) Facilitator Fee: 10% net Transaction Process 1. Letter of Intent (LOI) 2. Company Profile 3. Facilitator Fee Agreement 4. Proof of Funds at the first physical meeting SlvD
Banana Island, Ikoyi, Lagos
360 Degree Properties LTD
2
₦7,500,000,000
Mixed-use land joint venture
1, 500 SQM of Joint Venture Land
Banana island JV Exclusive Joint Venture Opportunity -- Just Out Prime Land for Luxury High-Rise Development Location: Banana Island Estate, Ikoyi Land Size: 1,500.23sqm Land Value: ₦5M per sqm Premium: to be discuss Development Proposal: 1&2nd floor for car park. 3,4 and 5th floor Block of Luxury Apartments. 6&7 floors 4units of 4 bedrooms massionatte 8th floor 2 units of penthouse Open for additional options JV Structure: - Sharing Formula: 50/50 - Facilitator's Fee: 10% Highlights: - Located in Elite Banana Island - Ideal for Luxury Residential Development - High Demand for Premium Apartments - Strong roi & Global Market Appeal Important Note: - Strictly for Capable, Credible & Competent Developers - Proof of Capacity Required - Serious Engagements Only SlvFelx
Banana Island, Ikoyi, Lagos
360 Degree Properties LTD
Showing 1–20 of 25 properties
Area Guide
About Banana Island, Nigeria
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
There are 25 available land joint venture in Banana Island, Ikoyi, Lagos. You can view and filter the list of property by price, furnishing and recency.
