Reclamation "renewed Hope Island" Prime Federal Land
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Property Description
HOT INVESTMENT OPPORTUNITY --RECLAMATION "RENEWED HOPE ISLAND"
Prime Federal Land Reclamation Beside Banana Island, Ikoyi
A once-in-a-lifetime land banking opportunity is here --- backed by the Federal Government and located just beside the prestigious Banana Island in the Lagos Lagoon. This is Phase 1 of the President Bola Ahmed Tinubu Housing Estate project.
Project Overview
* Total Size: 254 Hectares (Federal C of O)
* Phase 1 Unit: 30 Hectares per milestone (8 units total)
* Dredging Volume: 1,800,000 cubic meters per 30 Hectares
* Estimated Cost per Unit: ₦9B (dredging) + ₦2.5B (premium) = ₦11.5B Total
* Timeline: 9 months (using 2 × 20/20 dredgers pumping 4,000 m³/day)
Exceptional ROI
On completion, investors receive 30% of reclaimed land (90,000 sqm), valued at ₦90B minimum at ₦1M/sqm --- appreciating further as infrastructure develops.
Key Advantages
* Prime waterfront location beside Banana Island
* Federal Government-backed allocation papers
* Title: Federal Certificate of Occupancy
* Massive capital appreciation potential
Entry Procedure
1. Letter of Intent (LOI)
2. Site Inspection
3. Company Profile
4. Proof of Funds (POF)
5. POF validation with Project Lawyer at client's bank
6. Document verification at Federal Ministry of Housing, Abuja
7. Payment of ₦2.5B Premium & Contract Award
For serious investors only --- Act now to secure your stake in Renewed Hope Island
Property Details
| Property Ref: 3101180 | Last Updated: 18 Sep 2025 | Market Status: Available |
| Type: Residential Land |
Interesting Facts
Banana Island is steeped in fascinating historical facts that enhance its allure. The area's captivating history, status as an artificial island, exclusivity, and prestigious address all contribute to its legendary reputation as a luxurious and refined haven. It is renowned as one of the most expensive neighborhoods in Africa, attracting affluent individuals from diverse backgrounds.
Leisure and Shopping
Banana Island offers a plethora of leisure and shopping options that cater to the refined tastes of its esteemed residents. Residents of Banana Island can indulge in high-end retail therapy, embrace the tranquility of lush green spaces, and enjoy the luxurious amenities provided by the exclusive relaxation centers. Oladimeji Shonubi Supermarket, Mr. Femi Superstores, Hartleys Supermarket, Kola Superstores, Banana Island Sports Field, Banana Island Park, and the Banana Island Club are prime examples of the leisure and shopping options available in Banana Island.
Popular Estates
Banana Island proudly showcases a collection of prestigious estates that embody the essence of lavish living. These highly coveted residential developments feature architectural masterpieces that provide awe-inspiring vistas. Boasting top-notch facilities and unmatched seclusion, these estates are a testament to elegance, ensuring each resident experiences an unparalleled lifestyle. Among the distinguished estates on Banana Island are Happy Haven Estate, The Address Homes, Bella Vista Apartments, Grace Court, and Morgan Apartments.
Day Life
Throughout the daytime, Banana Island buzzes with vitality, boasting a diverse selection of dining establishments, enjoyable venues such as the Banana Island Sports Field for families, and captivating establishments like the Hanging Basket Restaurant and the esteemed Chicken Republic. If you're in search of a destination suitable for the whole family, the nearby Youfine Art Gallery presents nature trails of art work, providing a delightful experience.
Night Life
Banana Island provides a serene and exclusive residential atmosphere, making it an ideal place for residents seeking a peaceful lifestyle. It is primarily known for its residential properties and luxurious lifestyle rather than its nightlife scene. The island is a serene and exclusive area with a focus on privacy and security. However, for a livelier nightlife scene, residents can venture to nearby areas such as Victoria Island and Ikoyi, where one can find several upscale lounges, bars, and clubs that offer an unforgettable evening of entertainment. We have places like Escape Nightclub, Quilox, Sky Restaurant and Lounge, The Blowfish Hotel and Club, Caliente Club, and Escape Nightclub.
Schools
Banana Island not only boasts of magnificent residential estates and top-tier amenities but also grants residents access to exceptional educational institutions. Families seeking a world-class education for their children need look no further, as Banana Island International School stands as a beacon of prestige within this coveted community. Additionally, residents have the privilege of choosing from a range of esteemed schools in close proximity, including Greenwood House School, Meadow Hall School, and Lagoon School, all of which provide excellent educational options to meet the discerning standards of Banana Island's residents.
Read the full area guide for Banana Island, Ikoyi, Lagos.
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30 Ojokoro Road Eyita, Ikorodu, Lagos, Nigeria
0803 XXXX Show Phone
08035113616
Registered 5 years ago
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