Nigeria Property Centre

Property in Banana Island, Ikoyi, Lagos

There are 3,352 flats, houses, land and commercial properties for sale and rent 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.

Premium Plus Top promoted listing
Ultra Luxury 6-Bedroom Detached House
11 photos
₦4,800,000,000

Detached duplex for sale

Ultra Luxury 6-Bedroom Detached House

For sale 6-bedroom fully detached house meticulously crafted and cloaked in sophistication. Banana Island, Ikoyi Lagos Features - Spacious 6 Ensuite Bedrooms Detached House + 2 BQs - Private Cinema - Swimming Pool - Smart Home Automation - Surround Sound System - Very Spacious Living Room - Cosy Family Lounge - Roof-Top Terrace - Walk-in Closet - Elevator - Ample Parking - Study - Gym - Continuous Electricity with Back Up Power - Laundry - 24/7 surveillance _Elevate your lifestyle at the Acropolis 2, Where Luxury meets Serenity!_ For more enquiries or to schedule a private inspection ️ +2347025004779 [email protected] https://siacaroyalle.com IG https://www.instagram.com/siacaroyalle WhatsApp: wa.me/+2347025004779

Banana Island, Ikoyi, Lagos
6 Beds 7 Baths 7 Toilets

Siaca Royalle LTD

Verified Agent

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Fully Detached 5 Bedroom House Plus 2 Separate Rooms Service Quarters
Featured
8
₦125,000,000

Detached duplex for rent

Fully Detached 5 Bedroom House Plus 2 Separate Rooms Service Quarters

S/Direct Brief for Lease* Fully detached 5 bedroom house plus 2 separate rooms service quarters with security house and ample parking space. Location: Off Abia Street, Banana Island, Ikoyi Rent: 125 million per annum* Note: Currently undergoing renovations. pictures available on request. Ka

Banana Island, Ikoyi, Lagos
5
The Home Properties. a Division of Onozefe Uzuazor Bridget Enterprise
Luxury and Well Furnished 3 Bedroom Flat
Featured
14
$1,300,000

Block of flats for sale

Luxury and Well Furnished 3 Bedroom Flat

Luxury and well furnished 3 bedroom flat Location: banana island,ikoyi Lagos Price: $1.3m All documents are available Amenities: - fitted kitchen with accessories - modern-day pop ceiling - detailed finishing - wardrobes - luxury finishing - water heater - fully automated

Banana Island, Ikoyi, Lagos
3 3 4
Sabega Environconcept
Luxury Fully Furnished 3 Bedroom Apartment with Furnished BQ
Featured
13
₦60,000,000

Flat / apartment for rent

Luxury Fully Furnished 3 Bedroom Apartment with Furnished BQ

For Rent; Luxury Fully Furnished 3 bedroom Apartment with furnished BQ Location: Riverside Apartments, Banana Island Road Facilities Include: - 24/7 Power Supply - ⁠24/7 Security - Gym - ⁠Pool - En-suite rooms - Dedicated car park - Fully equipped kitchen - Balcony - Tastefully furnished Bq - ⁠Dish washer - ⁠Refrigerator - ⁠Acs - ⁠Washing machine - ⁠Oven & Microwave Rent -N60,000,000 Agency; 10% Legal; 10% Caution; 10%

Riverside Apartments, Banana Island, Ikoyi, Lagos
3
Bells Homes
Luxury 5 Bedroom Detached Duplex with BQ
Featured
15
₦4,200,000,000

Detached duplex for sale

Luxury 5 Bedroom Detached Duplex with BQ

Luxury 5-Bedroom Detached Duplex for Sale -- Banana Island, Ikoyi Nestled in the prestigious Banana Island, this exquisitely finished 5-bedroom detached duplex offers the perfect blend of luxury, sophistication, and modern living. Designed with impeccable attention to detail, the residence boasts expansive living spaces, premium fittings, and contemporary architecture tailored for discerning homeowners. The property features spacious en-suite bedrooms, elegant living and dining areas, a fully fitted gourmet kitchen, and beautifully crafted interiors that exude class and comfort. Located within one of Lagos' most exclusive and secure neighborhoods, this home provides unmatched privacy, prestige, and convenience. Property Features: * 5 Spacious En-suite Bedrooms * Grand Living & Dining Areas * Fully Fitted Modern Kitchen * Family Lounge * Walk-in Closets * Guest Toilet * Boys' Quarters (BQ) * Swimming Pool * Ample Parking Space * Smart Home Features * 24-Hour Security * Excellent Road Network * Premium Finishing Throughou

Banana Island, Ikoyi, Lagos
5 5 6 5
Sam Realty
Luxury 3 Bedroom Apartment with a BQ
Featured
18
₦65,000,000

Flat / apartment for rent

Luxury 3 Bedroom Apartment with a BQ

Ultra luxury 3 bedroom apartment located in one of the most prestigious neighborhoods in Lagos Banana Island. This apartment comes with a Pool Gym Ample parking 24 hours power Elevator Amazing wall to ceiling windows Sauna Children play ground etc Price 65m (minimum of 2 years) Legal 10% Agency 10% Caution 10%

Banana Island, Ikoyi, Lagos
3 3 4 3
Sam Realty
4 Bedroom Terrace Duplex with BQ
Featured
14
₦40,000,000

Terraced duplex for rent

4 Bedroom Terrace Duplex with BQ

*Property Available for Rent* _Tastefully finished 4-bedroom terrace with an attic room, an atrium, a study, an ante room, a sit-out area at the back, and Bq Available for rent_ Location: Dew of Hermon, Banana island. Features: Gated, Serene and Secured Estate All en-suite bedrooms with guest toilet. 24/7 Power Supply with personal prepaid meter (Pay as you use) Swimming pool, Sit out Lounge Fully equipped Gym Balconies Ample parking with maximum Security. fitted kitchen Rental Value: 40 million Naira Agency @ 10% of rental value Legal @ 10% of rental value Refundable caution deposit: 2.5million Naira Service charge: 2.8million Diesel deposit: 500k Power: N217/kwt Contact:- Monuel Properties & Co 08096751319 WhatsApp 08035757186 call

Dew of Hermon, Banana Island, Ikoyi, Lagos
4 4 5 6
Monuel Properties & Co
Tastefully Finished 4 Bedrooms Terraced Duplex with a Boys Quarters
Featured
11
₦75,000,000

Terraced duplex for rent

Tastefully Finished 4 Bedrooms Terraced Duplex with a Boys Quarters

To Let; Tastefully finished 4 bedrooms terraced Duplex with a room boys quarter Location: Banana Island, Ikoyi *Rent: N75million *Service charge: 4 million Naira exclusive of power* Service charge covers, Security, water, cleaning of common areas, lightning of common areas, fumigation... Features; Ample parking space Fully fitted kitchen Walk-in closet Fire alarm system Dining area ACs Preferably a corporate tenant to take all Not for shortlet use

Banana Island, Ikoyi, Lagos
4 4 5
Petovat Homes
Featured
₦8,000,000,000

Mixed-use land joint venture

2000 SQM Joint Venture

Joint Venture Opportunity -- Banana Island, Ikoyi, Lagos 2,000 SQM Lagos State C of O Mixed Zone Land Value: ₦4M per SQM Proposed: High-Rise Premium: ₦300M Sharing: Open Facilitator's Fee: 10% --- Property & JV Overview - Location: Banana Island, Ikoyi, Lagos (Mixed Zone -- allows for residential and select commercial uses). - Land Size: 2,000 SQM. - Title: Lagos State Certificate of Occupancy (C of O) -- the strongest state‑issued title for this exclusive island. - Land Value: ₦4,000,000 per SQM. - Total Land Value: ₦8,000,000,000. - Premium: ₦300,000,000 (payable upon JV contract signing). - Proposed Development: High‑rise (specific height/storeys to be determined based on planning approvals). - JV Sharing Formula: Open for discussion (landowner : developer ratio to be negotiated). - Facilitator's Fee: 10% of land value (₦800 Million), payable upon JV agreement. --- Key Highlights - Africa's Most Exclusive Address: Banana Island is the pinnacle of luxury living in Nigeria -- unparalleled security, underground utilities, waterfront views, and prestige. - Mixed Zone Flexibility: Permits high‑rise residential and certain commercial uses (e.g., boutique hotel, corporate guest house, medical suites) -- maximizing development options. - Strong Lagos State C of O: Full government‑issued title -- bankable, transferable, and legally secure. - High‑Rise Potential: The site's location and zoning support a landmark tower, subject to necessary approvals. - Upfront Premium: ₦300M payable at contract signing -- ensures a serious, well‑capitalized development partner. - Open Sharing Ratio: Allows for tailored negotiation based on developer's proposed investment, construction cost, and risk allocation. --- ️ Development Potential Given Banana Island's mixed zone and high‑value context, potential concepts include: - Ultra‑luxury residential tower -- penthouses, full‑floor apartments, and duplexes. - Boutique hotel or branded residences -- partnering with an international hospitality brand. - Mixed‑use high‑rise -- ground floor retail/gallery, upper floors residential, rooftop amenities. - Corporate headquarters for a multinational or institutional investor. - Medical wellness centre with luxury apartments above. Design Notes: High‑rise construction on Banana Island requires adherence to estate covenants, setback rules, and height restrictions -- the mixed zone may permit taller structures than pure residential zones. --- Location Benefits -- Banana Island, Ikoyi - Unmatched Prestige: Home to billionaires, diplomats, and top executives -- addresses command ultimate respect. - World‑Class Infrastructure: 24/7 security, underground electricity, piped water, paved roads, central drainage. - Waterfront Environment: Man‑made island with lagoon views and potential for marina access. - Proximity to Business Hubs: Minutes from Ikoyi, Victoria Island, and Eko Atlantic. - High Demand, Low Supply: New development opportunities on Banana Island are exceptionally rare. --- Financial Structure - Land Contribution Value: ₦8 Billion. - Premium (Upfront): ₦300 Million -- payable to landowner immediately upon signing the JV contract. - Developer's Role: Provide 100% of construction financing, bank guarantee (likely), project management, and sales/letting. - Sharing Formula: Open -- to be negotiated based on total project cost, developer's risk, and expected returns. Typical models include: - 60:40, 55:45, or 50:50 in favor of landowner. - Tiered sharing based on sales milestones. - Facilitator's Fee: 10% of land value (₦800 Million), typically paid from landowner's share upon JV execution. --- Next Steps for Qualified Developers Interested developers should submit: 1. Letter of Intent (LOI) -- expressing interest and confirming ability to meet premium payment. 2. Company Profile -- with verifiable evidence of luxury high‑rise projects (10+ floors) in prime Lagos locations (Banana Island, Ikoyi, Victoria Island). 3. Proof of Funds -- bank statements or financing letters showing capacity for a project of this scale (construction cost estimated ₦20B--₦40B+). 4. Bank Guarantee -- ability to provide a performance guarantee as required. 5. Preliminary Concept Note -- initial vision for the high‑rise (height, unit mix, amenities, timeline) and proposed sharing ratio. Due Diligence: - Upon signing an nda and agreeing to terms, the facilitator will provide C of O, survey, and estate approvals. - Site inspection can be arranged for serious principals. Ideal Partner Profile: - Top‑tier real estate developer with a proven record in ultra‑luxury high‑rises on Banana Island or Ikoyi. - Strong financial capacity and access to construction finance. - Experience with mixed‑zone developments is a plus. Banana Island land for JV. Open sharing. High‑rise potential. Serious global‑calibre developers only -- with proof of funds and luxury track record.

Banana Island, Ikoyi, Lagos
2000 sqm
Ac Valour International
Luxury 4 Bedroom Terraced Duplex with BQ
Featured
12
₦40,000,000

Terraced duplex for rent

Luxury 4 Bedroom Terraced Duplex with BQ

*Property Available for Rent* _Tastefully finished 4-bedroom terrace with an attic room, an atrium, a study, an ante room, a sit-out area at the back, and Bq Available for rent_ Location: Banana island Estate Features: Gated, Serene and Secured Estate All en-suite bedrooms with guest toilet. 24/7 Power Supply with personal prepaid meter (Pay as you use) Swimming pool, Sit out Lounge Fully equipped Gym Balconies Ample parking with maximum Security. fitted kitchen Rent: 40million Naira Agency @ 10% of rental value Legal @ 10% of rental value Refundable caution deposit: 2.5million Naira Service charge: 2.8million Diesel deposit: 500k Power: N217/kwt

Banana Island, Ikoyi, Lagos
4 4 5
House Dinq Realty
Luxury Fully Furnished 3 Bedroom Apartment
Featured
12
₦1,200,000,000

Flat / apartment for sale

Luxury Fully Furnished 3 Bedroom Apartment

Luxury fully furnished 3 bedroom apartment located in Banana Island, Ikoyi --- one of Lagos' most prestigious and secure residential neighborhoods. The apartment offers premium finishing, modern luxury features, and a serene environment suitable for high-end residential living and long-term investment. This property combines comfort, exclusivity, and prime location value, making it ideal for discerning homeowners and investors. Features: Fully furnished 3 spacious bedrooms Premium finishing CCTV surveillance system 24/7 security Fully equipped gym Swimming pool Serene and exclusive environment Excellent investment value Kay propertiesandrntonlinecomeacrros

Banana Island, Ikoyi, Lagos
3 3 4 2
Luxvera Property Limited
Experience Elegant Living at Its Finest
Featured
25
₦5,000,000,000

Detached duplex for sale

Experience Elegant Living at Its Finest

Experience luxury living in this beautifully designed home featuring spacious interiors, premium finishes, modern architecture, and a serene environment. Located in a secure and prestigious neighborhood, this property offers the perfect blend of comfort, class, and convenience for modern family living.

Banana Island, Ikoyi, Lagos
6 6 7 8
Nextkey Urban Realty LTD
Featured
₦4,000,000

Land for sale

Premium Corner Piece Land

Corner Piece land for sale Size: 1000m² Title: Fed. Allocation Fed. C of O (Inview) ₦4m / m²

Banana Island, Ikoyi, Lagos
1000 sqm
Egcent Limited
6 Bedroom Detached House on 500SQM
Featured
10
₦6,000,000,000

Detached duplex for sale

6 Bedroom Detached House on 500SQM

6 bedrooms detached House with an elevator, study, cinema, box room, pent terrace, gym house, swimming pool, laundry, fitted kitchen, 2 rooms Bq sitting on 500sqm. Title: Lagos C of O Price: ₦6bn Contact us Calls: +234 809 4990 098 WhatsApp: +234 902 2220 601, +234 80 3413 5274 AI Sales Agent: +1 (555) 712-3272

Banana Island, Ikoyi, Lagos
6 7 7 6
Ash Properties & Constructions LTD.
4 Bedroom Semi Detached House
Featured
10
$2,200,000

Semi-detached duplex for sale

4 Bedroom Semi Detached House

Newly finished 4 Bedroom Semi Detached House with a study, elevator, wet & dry kitchen and roof top lounge. Price: $2.2m Contact us Calls: +234 809 4990 098 WhatsApp: +234 902 2220 601, +234 80 3413 5274 AI Sales Agent: +1 (555) 712-3272

Banana Island, Ikoyi, Lagos
4 5 5 5
Ash Properties & Constructions LTD.
2 Units of Waterfront Furnished 3 Bed Serviced Apt+ Pool + Gym + Jetty
Featured
25
₦2,500,000,000

Flat / apartment for sale

2 Units of Waterfront Furnished 3 Bed Serviced Apt+ Pool + Gym + Jetty

*direct listing banana island -price review* *Exclusive Listing For Sale* 2 units of Luxury 3-Bedroom Serviced Apartment on Banana Island Road, Ikoyi- Lagos Banana Island Road, Ikoyi - Lagos. Price: N2.5B each units N5Billion both units Selling all at once Title: Only documentation available is a contract of sale from amcon and a court injunction. Property Type: Serviced Apartment Furnished: Yes "Nestled in a serene and tranquil environment, this exquisite 3-bedroom serviced apartment offers the epitome of luxurious living on prestigious Banana Island Road, Ikoyi - Lagos. With its elegant design and tailored furnishings, this residence promises an unparalleled living experience." *Amenities:* - Swimming pool - Squash court - Private jetty - Children's playground - State-of-the-art security features: - 24-hour surveillance - Biometric access *Features:* - Prime location - Top-tier amenities - Sound financial investment - Maximum safety and peace of mind *Additional Information:* - Property status: Well Maintained - Floor number: 1st Floor - Building age: 10yrs+

Marion Apartment, Banana Island, Ikoyi, Lagos
3 3 4
Ama of Lagos Realty LTD
Exclusive High Yield Multi-Unit Residential Property
Featured
4
$25,000,000

Block of flats for sale

Exclusive High Yield Multi-Unit Residential Property

Description: This is a premium, fully developed multi-unit residential property. The property comprises a diverse mix of residential units designed for luxury living and high-yield investment. The property is fully titled with a registered deed (Governor's Consent) and has building approval, ensuring legal compliance and secure ownership. The development sits on a land area of approximately 1700 sqm and comprises of two wings. The building includes: 2 units of 2-bedroom apartments 2 units of 3-bedroom apartments 1 unit of 1-bedroom apartment 1 unit of 4-bedroom apartment 2 studio apartments 2 units of 4-bedroom duplexes 1 luxury penthouse consisting of 9 rooms including maid's room, 2 sitting rooms, 1 large kitchen, 1 small store room and 1 large overhead storeroom accessible by overhead staircase Features: Indoor swimming pool Well equipped gym Cctv Treated water supply Ample parking space Centrally supplied gas system Elevator Two 24hours standy generator Secured and premium environment

Banana Island, Ikoyi, Lagos
Vala Homes Limited
Ultra Luxury 5 Bedroom Fully Detached Duplex
Featured
4
$4,150,000

Detached duplex for sale

Ultra Luxury 5 Bedroom Fully Detached Duplex

Ultra-Luxury 5-Bedroom Fully Detached Duplex + 2 BQs - Banana Island Estate, Ikoyi - $4.15M For Sale: Ultra-luxury 5-bedroom fully detached duplex with 2 Boys' Quarters, swimming pool, elevator, and dedicated office space, located in the prestigious Banana Island, Ikoyi , designed for elite living and exclusivity. Location: Banana Island Estate, Ikoyi Price: $4,150,000 Title: C of O Comes With: 2 Boys' Quarters - Swimming pool - Elevator - Home office - Spacious living areas - All rooms ensuite - Modern fitted kitchen - Luxury finishing - Ample parking - Secure and exclusive environment - Prime location

Banana Island, Ikoyi, Lagos
5 5 5 4
Loyalty Homes Limited
Luxuriously Built 5 Bedroom Fully Detached Duplex with BQ
Featured
1
₦5,500,000,000

Detached duplex for sale

Luxuriously Built 5 Bedroom Fully Detached Duplex with BQ

Luxury 5-Bedroom Fully Detached Duplex + 2 BQs - Banana Island, Ikoyi - ₦5.5BN For Sale: Ultra-luxury 5-bedroom fully detached duplex located in the prestigious Banana Island, Ikoyi , designed for premium waterfront living with top-tier amenities and exclusivity. Location: Banana Island, Ikoyi Price: ₦5,500,000,000 Comes With: 2 Boys' Quarters - Swimming pool - Elevator - Private cinema - Spacious living areas - All rooms ensuite - Modern fitted kitchen - Luxury finishing - Secure gated environment - Prime waterfront location

Banana Island, Ikoyi, Lagos
5 4 5 3
Loyalty Homes Limited
Luxury 6 Bedroom Fully Detached Duplex
Featured
5
₦5,500,000,000

Detached duplex for sale

Luxury 6 Bedroom Fully Detached Duplex

Luxury 6-Bedroom Fully Detached Duplex - Banana Island, Ikoyi - ₦5.5BN -- ₦6BN For Sale: Ultra-luxury 6-bedroom fully detached duplex located in the prestigious Banana Island, Ikoyi offering expansive living spaces, premium finishes, and world-class amenities. Location: Banana Island, Ikoyi Price: - 500 sqm --- ₦5,500,000,000 - 500 sqm + land size --- ₦6,000,000,000 Comes With: 2 Boys' Quarters - Elevator - Home office - Spacious living areas - All rooms ensuite - Modern fitted kitchen - Luxury finishing - Secure and exclusive environment - Prime waterfront location

Banana Island, Ikoyi, Lagos
6 6 6 4
Loyalty Homes Limited
Luxury 5 Bedroom Fully Detached House with BQ
Featured
1
₦125,000,000

Detached duplex for rent

Luxury 5 Bedroom Fully Detached House with BQ

*semi direct brief* *for lease in banana island* *Description:* Luxury 5-Bedroom Fully Detached House with 2-Room Service Quarters *Location:* Banana Island, Ikoyi *Rent:* 125 million per annum *Agency*: 10% *Legal*: 10% *Caution deposit* 10%

Banana Island, Ikoyi, Lagos
5 5 5 4
Loyalty Homes Limited

Showing 381–401 of 3,352 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

Read the full area guide
FAQ

Frequently asked questions

There are 3,352 available flats, houses, land and commercial property in Banana Island, Ikoyi, Lagos. You can view and filter the list of property by price, furnishing and recency.