Nigeria Property Centre

Property in Ikoyi, Lagos

There are 14,704 flats, houses, land and commercial properties for sale and rent in Ikoyi as of 9 Sep 2026, with an average price of ₦45M. 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
Newly Built 4 Bedroom Terraced Duplex
25 photos
₦50,000,000 /yr

Terraced duplex for rent

Newly Built 4 Bedroom Terraced Duplex

Brand new 4-bedroom terrace home plus a BQ corner unit for rent inside a secure, gated street in Old Ikoyi, Lagos. This is one of the most secure locations off Queen's Drive, Ikoyi. N50,000,000 for 2 Years upfront payment is acceptable N55,000,000 for a year. There are only 3 townhouses in this cluster, with just 3 residents, making it very exclusive and private. Features: - Pre-paid meter installed - Generator - Transformer - Ample parking space - Corner unit - Two floors - All rooms are ensuite - Water treatment plant - Facility management - Security - No pool Legal: 5% Agency: 10% Caution: 5%

2 Iru Close, Old Ikoyi, Ikoyi, Lagos
4 Beds 4 Baths 5 Toilets 2 Parking

Luxfort Homes Limited

4 Bedroom Luxury Maisonette with 2 BQS — Banana Island, Ikoyi, Lagos
Premium
11
₦4,500,000,000

Detached duplex for sale

4 Bedroom Luxury Maisonette with 2 BQS

Luxury 4bedroom maisonette with 2 BQs for sale Banana island, ikoyi, lagos Price: ₦4.5 Billion asking Features: - Full Home Automation - Large Living Area - Spacious Smart Rooms & Ensuite Bathrooms - Family Lounge - 2 BQs - Wet & Dry Kitchens - Zaha Hadid-Inspired Bathroom - 2--3 Car Parking Spaces - 18-Seater imax Cinema - B&O Sound System - Technogym - Virtual Golf Bar - Spa / Sauna / Salon - Interactive Lobby - Crèche - Serene Environment - Secured Estate - Good Documentation & Title - Exclusive Elite Neighborhood - And Lots More...

Banana Island, Ikoyi, Lagos
4 beds 5 toilets 3 Parking
Alvinacle Properties
4 Bedroom Semi Detached House with B/Q and Laundary Room — Mojisola, Banana Island, Ikoyi, Lagos
Premium
11
₦60,000,000 /yr

Semi-detached duplex for rent

4 Bedroom Semi Detached House with B/Q and Laundary Room

Direct brief a well built and fully renovated 4-Bedroom Semi-Detached House with a Boys' Quarters and a Laundry Room. Location: Mojisola Onikoyi, Off Banana Island Road, Ikoyi, Lagos. Rent: N60 million naira. Pictures available upon serious request. for inspection .Contact: Midde Real Estate Consultant. 07063357229

Mojisola, Banana Island, Ikoyi, Lagos
4 beds 5 baths 5 toilets 4 Parking
Midde Real Estate Consultant
Exquisite Contemporary Designed 6 Bedroom Detached House with 2BQS — Off Bourdillon Road, Old Ikoyi, Ikoyi, Lagos
Premium
25
₦2,500,000,000

Detached duplex for sale

Exquisite Contemporary Designed 6 Bedroom Detached House with 2BQS

Exquisite Contemporary Designed 6 Bedroom Detached House with 2 Rooms Staff Quarters For Sale. Features: - 24hours power supply - Communal Swimming pool - Equipped gym - An anteroom - Fitted kitchen with pantry - Fitted with Central Air Conditioning and Split Units - Integrated Audio System - Spacious livingroom and bedrooms - Dinning area - Family lounge upstairs - Rooftop terrace - Box Room - Home office - Large Balconies - Walk-in Closet - All rooms en-suite - Modern design and finishing - 2 rooms staff quarters - Private compound, can park 4cars - State of the Art security, - Prime location, proximity to major places, e.t.c. Price Listing: 2.5 Billion Naira Location: Ikoyi, Lagos Title Documents: Lagos State C of O, Building Approval For further enquiries and inspection bookings, kindly Contact Aruofeg Enterprise: 08074577210 or 08057989376

Off Bourdillon Road, Old Ikoyi, Ikoyi, Lagos
6 beds 5 baths 6 toilets
Aruofeg Enterprise
Exquisitely Finished Furnished 2 Bedroom Semi-Detached House with a BQ — Banana Island, Ikoyi, Lagos
Premium
13
₦50,000,000 /yr

Semi-detached duplex for rent

Exquisitely Finished Furnished 2 Bedroom Semi-Detached House with a BQ

Exquisitely Finished Furnished 2 Bedroom Semi-Detached House with a Bq For Rent. Features: - Self compound - Fully furnished - Fully Fitted Kitchen - Fitted with Air Conditioning Units - Smart TVs - Dinning area - Spacious livingroom and bedrooms - Balcony - All rooms en-suite - a room Bq - Ample parking space - Topnotch serene and secured highbrow estate, e.t.c. Rental Price: 50 million naira Agency Fees: 10% Refundable Caution Deposit: N7m Legal Fees: 10% VAT on Legal Fees Note: Tenant will have to enter a maintenance contract eith the generator and other equipment providers Location: Banana Island Estate. For further enquiries and inspection bookings, kindly contact Aruofeg Enterprise: 08074577210 or 08057989376

Banana Island, Ikoyi, Lagos
2 beds 2 baths 3 toilets 3 Parking
Aruofeg Enterprise
Fully Furnished and Service 3 Bedroom Flat with Room BQ. — Parkview Estate, Ikoyi, Lagos
Premium
13
₦35,000,000

House for rent

Fully Furnished and Service 3 Bedroom Flat with Room BQ.

Fully furnished and service 3bedroom flat with room bq. Features includes: Gym, swimming pool, 24hours electricity, security, Elevator, fitted Kitchen etc. Location: parkview Estate, Ikoyi. Rent: 35million per annum Service charge:3million Caution deposit:10% Legal 10% Agency 10% Power: pay as you go... Ola

Parkview Estate, Ikoyi, Lagos
3 beds 3 baths 4 toilets 5 Parking
Hova Oy Concept
4 Bedroom Maisonette Penthouse. Video Available — Helynor Court, Mojisola Onikoyi Estate, Off Banana Island Road, Ikoyi, Ikoyi, Lagos
Premium
4
₦65,000,000

Terraced duplex for rent

4 Bedroom Maisonette Penthouse. Video Available

4Bedroom maisonette penthouse located at Helynor Court, Mojisola Onikoyi Estate, off Banana Island Road, Ikoyi Rent: 65m Naira Asking per Helynor Court, Mojisola Onikoyi Estate, off Banana Island Road, Ikoyi Agency: 10% Legal: 10% Caution: 5% Service Charge deposit: 5m per annum excluding power and diesel. Video and pictures available on request. Olu

Helynor Court, Mojisola Onikoyi Estate, Off Banana Island Road, Ikoyi, Ikoyi, Lagos
4 beds 4 baths 5 toilets
Hova Oy Concept
4 Bedroom Apartment — Banana Island, Ikoyi, Lagos
Premium
4
₦65,000,000

Flat / apartment for rent

4 Bedroom Apartment

4 bedroom House in Banana Island, Ikoyi. Location: Banana Island, Ikoyi Rent: ₦65,000,000 per annum Premium 4-bedroom apartments available for lease in the prestigious Metave Apartments, located within the highly secure Banana Island Estate. Property Features: Spacious 4-bedroom apartments All bedrooms en-suite Boys' Quarters (BQ) Located across three floors in a two-wing development Swimming pool Elevator (Lift) Standby generator Water treatment plant Ample parking space Gatehouse and dedicated management office comprising three rooms Professionally managed and well-maintained development Situated in one of Lagos' most secure and exclusive residential estates Rent: ₦65,000,000 per annum Ola

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets
Hova Oy Concept
5 Bedroom Detached House + Penthouse — Parkview Estate, Parkview, Ikoyi, Lagos
Premium
6
₦80,000,000

Detached duplex for rent

5 Bedroom Detached House + Penthouse

Now Letting @ Parkview Estate, Ikoyi. 5 Bedroom Detached House + Penthouse For Rent Location: Parkview Estate, Ikoyi Lagos. Rent: 80 million per annum Caution deposit:10% Legal: 10% Agency: 10% Use: Commercial or Residential Olat

Parkview Estate, Parkview, Ikoyi, Lagos
5 beds 5 baths 6 toilets
Hova Oy Concept
Fully Furnished 3 Bedroom Apartment + BQ — Gerrard Road, Ikoyi, Lagos
Premium
16
₦55,500,000

House for rent

Fully Furnished 3 Bedroom Apartment + BQ

Fully Furnished 3 Bed Apartment + BQ at Mason Apartments, Gerald Road, Ikoyi on 12th Floor N55M (Net) Features: - All rooms en-suite - Fully furnished & move-in ready - Spacious living & dining area - Balcony with great view - 24/7 power & security Facilities: Pool Gym Tennis Court Elevator Parking DM for inspection Endi

Gerrard Road, Ikoyi, Lagos
3 beds 3 baths 4 toilets 5 Parking
Hova Oy Concept
4 Bedroom Maisonette — Old Ikoyi, Ikoyi, Lagos
Premium Verified Photos
14
$2,500,000

House for sale

4 Bedroom Maisonette

Please call Emmanuel 08100203228 for inspection For Sale luxury 4 bedroom houses for sale location: Old ikoyi Price 4 bedroom Maisonette with a bq- 492 sqm - $2.5m Title: C of O features Double volume living room 4 Bedrooms all ensuite Expansive masters suite Fully fitted kitchen Contemporary sanitary Wares and fixtures Boys Quarters (BQ) Double glazed windows Expansive Balcony Elevator Swimming Pool Gym Greenery

Old Ikoyi, Ikoyi, Lagos
4 beds 4 baths 5 toilets
Joe Etoniru and Associates
Brand New 4 Bedroom Terrace — Old Ikoyi, Ikoyi, Lagos
Premium Verified Photos
19
$2,000,000

House for sale

Brand New 4 Bedroom Terrace

Please call Emmanuel 08100203228 for a tour For Sale Luxury 4 bedroom houses for sale Location: Old ikoyi Prices: - 4 Bedroom Penthouse with 2 bq - 553 sqm - $3m - 4 bedroom Maisonette with a bq - 492 sqm - $2.5m - 4 bedroom Townhouse with a bq - 383 sqm - $2m Title: C of O Features: - Double volume living room - 4 Bedrooms all ensuite - Expansive masters suite - Fully fitted kitchen - Contemporary sanitary Wares and fixtures - Boys Quarters (BQ) - Double glazed windows - Expansive Balcony - Elevator - Swimming Pool - Gym - Greenery

Old Ikoyi, Ikoyi, Lagos
4 beds 4 baths 5 toilets
Joe Etoniru and Associates
2 Bedroom Furnished Maisonette — Banana Island, Ikoyi, Lagos
Premium
9
₦35,000,000 /yr

Flat / apartment for rent

2 Bedroom Furnished Maisonette

2 Bedroom waterfront fully furnished maisonette Location: Banana Island, Ikoyi, Lagos Rent: 35m Legal: 10% Agency: 10% Caution: 10% Service charge: 3m/annum Features - Fitted Kitchen - Pop Ceilings - Water Treatment - 24hrs Power - Water heater - Walk-in Shower - Car park space - 24hrs Security - Secured Estate - Swimming pool - Gym - Fully furnished Etc

Banana Island, Ikoyi, Lagos
2 beds 2 baths 3 toilets
Orbrealtor
3 Bedroom Apartment — Ikoyi, Lagos
Premium
10
₦50,000,000 /yr

Flat / apartment for rent

3 Bedroom Apartment

3 Bedroom apartment for rent!!!! Ikoyi, Lagos Nigeria 50M Per Annum Agency 10% Legal 10% Caution 10% Serviced Charge: YTD Brand New - Spacious living room - Spacious compound - 24 Hours Security - 24 Hours Electricity - All Rooms Ensuite - Swimming Pool - DSTV - Water Heater - Walk-in-Shower - Interlocked Floor - Fitted Kitchen - Ample parking space - Secured Estate

Ikoyi, Lagos
3 beds 3 baths 4 toilets 3 Parking
Emmidez Homes Limited
2 Bedroom Serviced Apartment — Ikoyi, Lagos
Premium
12
₦25,000,000 /yr

Flat / apartment for rent

2 Bedroom Serviced Apartment

To Let Lagos 2 Bedroom Serviced Apartment With Swimming Pool & Gym For Rent Location: Ikoyi Rent: 25million Service charge: 4.5million Agency: 10% Legal: 10% Caution: 10% Inspection Fee: 15,000

Ikoyi, Lagos
2 beds 3 toilets 2 Parking
Jgold's Properties Nigeria
3-Bedroom Apartment + BQ — Awolowo Road, Ikoyi, Lagos
Premium
17
₦750,000,000

Flat / apartment for sale

3-Bedroom Apartment + BQ

Awolowo Road, Ikoyi. A Pool That Looks Out at the Lagos Lagoon. 3 Bedrooms. BQ. Elevator. Gym. 24/7 Power. C of O. ₦750 Million. 90% Complete. The Price Goes Up When It Finishes. The problem Awolowo Road, Ikoyi, has a price point that the market has established clearly. Comparable 3-bedroom serviced apartments in this neighbourhood are currently listed at ₦900M and ₦1B. Those are the numbers that NPC buyers see when they search Ikoyi apartments. Those are the numbers that have been setting the expectation for what a 3-bedroom in this corridor should cost. ₦750M on the same road --- with a waterfront pool, a BQ, an elevator, a gym, 24/7 power, and a C of O --- does not fit that expectation. It fits the development stage. This building is 90% complete. The developer has priced at the 90% stage, not the 100% stage. That ₦150M to ₦250M gap between this unit and its completed comparables is not a discount for a lesser product. It is the early entry advantage --- the price that exists today and will not exist when the final finishes are in and the building opens. The buyer who moves now buys Awolowo Road Ikoyi at ₦750M. The buyer who waits buys it at a number the developer has not published yet --- but has promised will be higher. The agitation Here is what the Ikoyi apartment market has been doing to the serious buyer who has been watching it from the outside. The ₦1B listing you saw last month. The ₦900M listing before it. The consistently upward movement of the Ikoyi 3-bedroom apartment market that has made the entry price look different every quarter. You are not in a different income bracket from the buyers who entered this market at ₦600M, ₦700M, ₦800M. They moved when a specific window was visible and the entry was below where the market was heading. You are looking at that window right now. Meanwhile the rent continues. Your landlord's renewal is coming. The number will move. You will absorb it because your school run is mapped, your routines are settled, your domestic infrastructure is established in your current address and rebuilding it somewhere else costs time and energy the week does not have. Every absorption is a month of someone else's equity. Every month the Ikoyi waterfront apartment sits 90% complete is a month the developer inches closer to the stage where the price increases. That stage is close. The solution a 3-bedroom serviced apartment on Awolowo Road, Ikoyi --- with a waterfront swimming pool, BQ, elevator, gym, 24/7 power, C of O title, and a completion stage that makes today the correct moment to commit. Here is what the building delivers: Awolowo Road, Ikoyi --- the address that requires no explanation on the Island. Awolowo Road is the primary arterial road of Ikoyi --- connecting the VI boundary to the heart of Ikoyi's residential and commercial core. It is where the upscale boutiques are. Where the private medical practices and law firms of Ikoyi's professional corridor operate. Where the dining options that define Lagos Island evenings are concentrated. This is not a side street off Ikoyi. It is Ikoyi itself --- the main road, the recognised address, the postcode that carries the full weight of the neighbourhood. A waterfront swimming pool. Not a compound pool facing a boundary wall. Not a rooftop pool looking at the building across the road. A waterfront pool --- positioned at the building's lagoon-facing edge, where the water in the pool appears to extend into the Lagos lagoon visible beyond it. Swimming in this pool at 7 AM on a Sunday morning means the Lagos lagoon is the view. The water is in front of you and the water is beyond you and the city is still waking up. That specific experience is not replicated by any other pool in any other Ikoyi apartment listing on the market today. It is this building, this edge, this view. A BQ within the apartment's allocation. Your domestic staff has dedicated accommodation. The apartment's spatial integrity and your household's privacy are maintained permanently. You are not managing a domestic arrangement that competes with your living space. The household is properly configured from day one. An elevator. The building handles vertical movement. You do not negotiate stairs. Groceries, luggage, the laptop bag after a long day --- all managed by the elevator. In a multi-floor Ikoyi apartment building, this converts a physical daily friction into a non-event. A gym inside the building. The fitness infrastructure is available without leaving the address. Before the 7 AM call. After the 9 PM return. The membership you've been maintaining elsewhere, used four times a month, replaced by the gym in the building you own. 24/7 power supply --- backed by a standby generator, prepaid meter, and borehole. The power is on when you arrive. It is on when you leave. It is on when you travel and your household remains in the apartment. The power infrastructure is managed at the building level. It is not your operational responsibility. All rooms en-suite. 3 bedrooms. 3 bathrooms. 4 toilets. Fitted kitchen. Air conditioning. Pop ceilings. Built-in wardrobes. Balconies. Water heater. The apartment is fully specified. Nothing is aspirational. The interior is complete at 90% --- the fittings are in, the rooms are configured, the finishes are in their final stage. You are not buying a shell with a delivery promise twelve months away. You are buying a building at its final stage of completion. Certificate of Occupancy. The strongest individually registered title instrument in Lagos land law. Issued by the Lagos State government in the name of the owner. No derivation process. No upgrade required. Your solicitor verifies it. The transaction proceeds. This is the cleanest title position available for an Ikoyi apartment purchase. 90% complete --- and the developer has confirmed the price increases at 100% completion. This is not a marketing statement. It is the standard pricing behaviour of Lagos development at this stage. The developer has built the building using pre-completion pricing as the acquisition incentive. When the building is done --- when the hoardings come down, the lobby is operational, and the amenities are open --- the price reflects the completed product. That completed price is not ₦750M. It is the number the developer will announce closer to handover. The comparable listings on NPC right now --- ₦900M and ₦1B for similar Ikoyi 3-bedrooms --- tell you the directional range. ₦750M is available today. The window is measurable in weeks, not months. The NPC comparable listings that appear alongside this building today --- ₦1,000,000,000 and ₦900,000,000 for 3-bedroom serviced apartments in Ikoyi --- are fully completed. This building, at ₦750,000,000, is 90% complete. That ₦150M to ₦250M differential is the early entry advantage. It is available now. It closes at completion. Awolowo Road, Ikoyi sits on the waterfront edge of Lagos Island. The building's waterfront position is the same elevation and drainage infrastructure that gives the Ikoyi lagoon-front its consistent flood resistance. The established urban infrastructure of Awolowo Road --- maintained continuously as Ikoyi's primary arterial road --- places this address firmly outside the flood risk categories that affect lower-lying or less-managed Lagos Island addresses. Smilebay Realties does not list properties in flood-prone areas. This building on Awolowo Road, Ikoyi was assessed against that standard before listing. It passed. The call to action Awolowo Road, Ikoyi. ₦750,000,000. 90% complete. Waterfront pool. BQ. Elevator. Gym. 24/7 power. C of O. All rooms en-suite. Balconies. Fitted kitchen. The comparable completed apartments in this neighbourhood are at ₦900M and ₦1B today. This one is ₦750M because it is 90% complete. The developer has stated the price increases at 100%. That is not a distant deadline. It is the next few weeks. The buyer for this apartment has capital ready or a financing arrangement confirmed. They are not forming a view on Awolowo Road Ikoyi for the first time. They know the address. They understand the C of O. They recognise ₦750M for a waterfront pool, Ikoyi address, fully specified apartment at 90% completion for what it is. One call. C of O available for immediate solicitor review. Viewing by appointment. Call or WhatsApp Smilebay Realties: +234 901 517 4801 The pool faces the lagoon. The price goes up when the building finishes. This is the window. 3 Bedrooms --- 3 Bathrooms --- 4 Toilets --- All Rooms En-Suite BQ --- Serviced Building --- Newly Built Waterfront Swimming Pool --- Lagoon-Facing Elevator --- Gym --- Landscaped Garden --- Ample Parking --- Balconies Interior: Fitted Kitchen --- Air Conditioning --- pop Ceilings --- Built-In Wardrobes --- Tiled Floors --- Water Heater --- Guest Toilet Power: 24/7 Power Supply --- Standby Generator --- Prepaid Meter --- Borehole Security: Security Gate --- Perimeter Fencing --- Electric Fence --- Burglar Proof --- CCTV --- Security Gateman --- Fire Safety Title: Certificate of Occupancy (C of O) Development Stage: 90% Complete --- Price Increases at 100% Completion Awolowo Road, Ikoyi, Lagos Price: ₦750,000,000 Flood-Free --- Confirmed by Smilebay Realties Pre-Listing Assessment NPC Comparable Context: Similar Ikoyi 3-Bed Serviced Apartments Currently Listed at ₦900,000,000 and ₦1,000,000,000 Listed by Smilebay Realties Limited --- Ref: 3565061

Awolowo Road, Ikoyi, Lagos
3 beds 3 baths 4 toilets 3 Parking
Smilebay Realties Limited
4 Bedrooms Maisonette Apartment House with 2 BQS — Banana Island, Ikoyi, Lagos
Premium
11 Video
₦4,500,000,000

Flat / apartment for sale

4 Bedrooms Maisonette Apartment House with 2 BQS

Luxury Maisonette Apartment House With 2 Bqs For Sale In Banana Island Ikoyi Lagos Banana Island Ikoyi Lagos price: ₦4.5 Billion Naira Asking features: - Full Home Automation - Large Living Area - Spacious Smart Rooms & Ensuite Bathrooms - Family Lounge - 2 BQs - Wet & Dry Kitchens - Zaha Hadid-Inspired Bathroom - 2--3 Car Parking Spaces - 18-Seater imax Cinema - B&O Sound System - Technogym - Virtual Golf Bar - Spa / Sauna / Salon - Interactive Lobby - Crèche - Serene Environment - Secured Estate - Good Documentation & Title - Exclusive Elite Neighborhood - And Lots More... Enquiries Call/whatsApp +2348069017662 +2348173128081 For more Properties YouTube @WorldmarksPropertiesLimited Facebook: WorldmarksProperties Instagram: worldmarksng Twitter: worldmarksng Tik tok: worldmarksng LinkedIn Page Worldmarks properties limited

Banana Island, Ikoyi, Lagos
4 beds 4 baths 4 toilets
Worldmarks Properties Limited
1400 SQMS Land — Banana Island, Ikoyi, Lagos
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
₦12,000,000,000

Land for sale

Strategically Located Premium Land Parcel of 4000SQM

Ikoyi Fast Sale --- 4,000 sqm Prime Land on Moor Street (Opposite McDonald's), Ikoyi Federal Allocation Summary High‑profile 4,000 sqm parcel on Moor Street, Ikoyi (directly opposite McDonald's) with Federal Allocation title. Exceptional redevelopment opportunity in a landmark location. Price: ₦3,000,000 / sqm (Total: ₦12,000,000,000). No split sale; two buyers may jointly acquire. Quick Facts - Location: Moor Street, Ikoyi --- opposite McDonald's (prominent landmark) - Site area: 4,000.00 sqm - Title: Federal Allocation (documents available for verification) - Asking price: ₦3,000,000 per sqm --- Total ₦12,000,000,000 - Sale condition: No split sale (joint purchase by two parties permitted) - Availability: Immediate --- viewings by appointment for qualified buyers Key Features & Landmark - Landmark positioning on Moor Street with direct frontage and immediate visibility from a major commercial axis in Ikoyi. - Opposite McDonald's --- clear and convenient reference point for clients and visitors. - Large, contiguous parcel (4,000 sqm) suitable for aggregated high‑value development. - Secure Federal Allocation title reduces acquisition complexity relative to untitled plots (verification recommended). Why this is a standout opportunity - Ikoyi remains one of Lagos's most desirable addresses for residential, corporate and institutional use --- limited supply of large, titled parcels. - Parcel scale and location enable a range of premium development options (luxury residences, serviced apartments, hotel, mixed‑use or corporate campus). - Strong potential for capital appreciation and attractive exit options to high‑net‑worth buyers, institutions or international investors. Suggested development concepts - Luxury residential development: towers or a gated low‑rise estate for high‑end buyers. - Branded serviced apartments or boutique hotel to serve executives and visitors. - Mixed‑use podium with retail, F&B and premium residential/office floors. - Institutional use: embassy/consulate compound, corporate headquarters or school.(Feasibility study and planning consultations recommended to determine optimal far, unit mix and parking strategy.) Documents & Due Diligence (available / recommended) - Federal Allocation letter and evidence of payments/receipts --- available for inspection. - Survey plan and site coordinates --- request originals and confirm boundaries on site. - Verification of allocation at the relevant federal authority and ratification process (if buyer requires State C of O). - Geotechnical/soils report, topography and site condition survey (recommended prior to design). - Utility & services checks (power, water, drainage, telecom) and access/road alignment verification. - Legal searches at the Lands Registry and verification with solicitors (recommended). Commercial & Transaction Notes - Price is quoted per square metre and as a whole‑parcel sale. The owner will not entertain split/parcelled sales; however, two purchasers may combine funds to acquire the land jointly. - Serious, qualified buyers must provide proof of funds prior to document access and viewings. - Preferred buyers should be prepared to proceed to contract promptly following satisfactory due diligence. Next Steps / How to Proceed 1. Submit expression of interest with proof of funds or bank reference. 2. Execute nda (if required) and receive full title and survey documentation. 3. Arrange site inspection and technical review. 4. Negotiate Heads of Terms, complete legal searches and proceed to contract/exchange. Contact The Build Centre Properties Ltd Legal / Disclaimer Information provided by the owner/agent. Prospective purchasers must undertake independent legal, technical and financial due diligence and verify all title documents and approvals before committing to any purchase. All terms are subject to contract. #daka

Moor Street, Ikoyi, Lagos
4000 sqm
The Build Centre Properties
5 Bedrooms +1 BQ Fully Detached Duplex — Parkview, Ikoyi, Lagos
Premium
26
₦70,000,000 /yr

Detached duplex for rent

5 Bedrooms +1 BQ Fully Detached Duplex

- 5-bedroom detached house parkview estate, ikoyi Experience premium living in this spacious 5-bedroom detached house with inbuilt service quarters, perfectly situated on Michelle Okocha Crescent in the prestigious Parkview Estate, Ikoyi, Lagos. Location: Michelle Okocha Crescent, Parkview Estate, Ikoyi, Lagos Property Features ️ 5 Spacious Bedrooms 🧑‍ Inbuilt Service Quarters ️ Expansive Living and Dining Areas Well-Designed Functional Kitchen Ample Parking Space for 6--10 Vehicles Secure, Serene, and Exclusive Gated Environment Rental Details Rent: ₦70,000,000 per annum (2-year lease) Caution Deposit: 10% Agency Fee: 10% Legal Fee: 10% Nestled within one of Ikoyi's most sought-after residential estates, this exceptional home is ideal for family living, diplomatic residences, or executive accommodation. For enquiries and private inspections: Call/WhatsApp: +234 706 683 7452 [email protected] Instagram: @1standcentral 1st & Central Realty Your Trusted Choice in Prime Locations.

Parkview, Ikoyi, Lagos
5 beds 5 baths 6 toilets 6 Parking
1st & Central Realty Limited
5 Bedroom Semi-Detached Duplex — Banana Island, Ikoyi, Lagos
Premium
17
₦80,000,000 /yr

Semi-detached duplex for rent

5 Bedroom Semi-Detached Duplex

Features ⫸ Tastefully Built 5 Bedroom Semi-Detached Duplex ⫸ Spacious Living Room ⫸ Modern Fitted Kitchen ⫸ 1 Room Self-Contained BQ ⫸ Communal Swimming Pool ⫸ 24/7 Security ⫸ Well-Maintained Estate ⫸ Ample Parking Space Price: ⫸ Rent: ₦80m per annum ⫸ Service Charge: ₦3.9m ⫸ Power: ₦400 per kWh ⫸ Diesel Deposit: ₦200k monthly contribution ⫸ Caution Fee: 10% ⫸ Legal Fee: 10% ⫸ Agency Fee: 10%

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
Kingcrimson Global Realty LTD

Showing 1,061–1,081 of 14,704 properties

Area Guide

About Ikoyi, Lagos

By and large, Ikoyi is a posh neighbourhood with a mishmash of exquisite residential apartments and commercial presence.

Ikoyi borders the Lagos Lagoon and takes up the eastern half of Lagos Island. It is one of the towns that make up the Eti-Osa Local Government Area of Lagos state.

Originally, the British Colonial Governments designated Ikoyi as a residential area for the expatriate community perhaps due to its proximity to the sea. However this arrangement changed with time with big establishments locating their corporate headquarters at Ikoyi. Ikoyi is home to the creme de la creme of the Nigerian society, from diplomats to senior company, business executives and senior public servants.

Read the full area guide
FAQ

Frequently asked questions

The average price of flats, houses, land and commercial property in Ikoyi, Lagos is ₦45,000,000 per annum.

The price of the most expensive flats, houses, land and commercial property in Ikoyi, Lagos is ₦350,000,000 per annum.

The price of the cheapest flats, houses, land and commercial property in Ikoyi, Lagos is ₦4,000,000 per annum.

There are 14,704 available flats, houses, land and commercial property in Ikoyi, Lagos. You can view and filter the list of property by price, furnishing and recency.