Nigeria Property Centre

Land in Banana Island, Ikoyi, Lagos

There are 450 land for sale and rent in Banana Island as of 24 Oct 2026, with an average price of ₦4.3B. 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.

500SQM Land with Approved Building Plan for Detached House — Banana Island, Ikoyi, Lagos
Premium
1
₦3,000,000,000

Residential land for sale

500SQM Land with Approved Building Plan for Detached House

1) 500 SQMS Banana Island Estate, Ikoyi with approved building plan for a detached house. Residential zone. Size 500 sqms. Price N3B ono. Title: lasg title. 2) Residential Zone Cornerpiece Plot Delta Street 550 Sqms lasg CofO Price: N6m net per sqm

Banana Island, Ikoyi, Lagos
500 sqm
Breathing Space
Mixed-Use Corner Plot Measuring 2,420SQMS — Banana Island, Ikoyi, Lagos
Premium
1
₦5,000,000 per sq.m

Mixed-use land for sale

Mixed-Use Corner Plot Measuring 2,420SQMS

2,420 Sqms Mix Used Cornerpiece Plot For Sale in Banana Island, Ikoyi Mixed used cornerpiece plot measuring approx 2,420sqms Title FGN CofO Price N5m per sqm Net

Banana Island, Ikoyi, Lagos Added today
2420 sqm
Breathing Space
2275SQM Waterfront Property — Banana Island, Ikoyi, Lagos
Premium
6
₦4,500,000 per sq.m

Mixed-use land for sale

2275SQM Waterfront Property

The Ultimate Waterfront Canvas #4.5million per SQM. ​Acquire a rare 2,275 m² prime waterfront estate situated at the exclusive 309 Close. ​This prime piece of real estate features direct water views, an existing structure ready for transformation or redevelopment, and unassailable documentation with dual Lagos State & Federal Titles. ​Plot Size: 2,275 m² ​Location: 309 Close ​Title: Lagos State & Federal Government Title ​Price: #4.5m ​Perfect for flagship residential mansions, boutique luxury apartments, or private waterfront retreats. ​ Contact us today for direct details and private inspection.

Banana Island, Ikoyi, Lagos
2275 sqm
D&D Properties
Premium
₦4,000,000 per sq.m

Residential land for sale

Residential Land in a Secured Estate

For sale residential land in banana island, ikoyi, lagos Location: Residential Side of Banana Island, Off 3rd Avenue Land Size: 1,000 SQM Property Description: An opportunity to acquire 1,000 SQM of sand-filled land in the prestigious Banana Island residential neighbourhood, off 3rd Avenue, Ikoyi, Lagos. The property has development approval, making it an option worth considering for residential development in one of Lagos' prime locations. Property Details: Location: Banana Island, off 3rd Avenue, Ikoyi Land Size: 1,000 SQM Land Condition: Sand-filled Approval: Available Price: N4 million per sqm Let's Deal!

Off 3rd Avenue, Banana Island, Ikoyi, Lagos Added today
1000 sqm
Deherculean Enterprises
Premium
₦4,000,000 per sq.m

Residential land for sale

1,000 SQM of Land

For sale residential land in banana island, ikoyi, lagos Location: Residential Side of Banana Island, Off 3rd Avenue Land Size: 1,000 SQM Property Description: An opportunity to acquire 1,000 SQM of sand-filled land in the prestigious Banana Island residential neighbourhood, off 3rd Avenue, Ikoyi, Lagos. The property has development approval, making it an option worth considering for residential development in one of Lagos' prime locations. Property Details: Location: Banana Island, off 3rd Avenue, Ikoyi Land Size: 1,000 SQM Land Condition: Sand-filled Approval: Available Price: 4 million per sqm For enquiries, further details and inspection arrangements, please contact us.

Banana Island, Ikoyi, Lagos Added yesterday
360 Degree Properties LTD
Waterfront Land — Banana Island, Ikoyi, Lagos
Premium
1
₦5,500,000 per sq.m

Residential land for sale

Waterfront Land

Banana Island waterfront plot for sale* Plot measuring 850sqm at 3rd Avenue , J zone Price: N5. 5m/ per sqm Title: Fed G.Consent. Call: kland Realtors 08028836825

Banana Island, Ikoyi, Lagos
850 sqm
Kland Realtors
Prime 8,000SQM Fenced & Vacant Land — 3rd Avenue, Banana Island, Ikoyi, Lagos
Premium
1
₦40,000,000,000

Residential land joint venture

Prime 8,000SQM Fenced & Vacant Land

Prime 8,000sqm Fenced & Vacant Land Ideal for; - Ultra-luxury waterfront residences - Premium high-rise developments - Luxury serviced apartments - Exclusive mixed-use projects. Location: 3rd Avenue, Banana Island, Ikoyi, Lagos Land Size: 8,000sqm Title: Registered Supreme Court Judgment Land Value: ₦40 Billion Price: ₦5,000,000 per sqm Transaction Type: Joint Venture Sharing Formula: To Be Discussed (TBD) Premium: 10% Facilitators' Fee: 10%

3rd Avenue, Banana Island, Ikoyi, Lagos Added yesterday
Jonela Concept
Ultra-Prime 8,000SQM Fenced & Vacant Waterfront Land — 3rd Avenue, Banana Island, Ikoyi, Lagos
Premium
1
₦5,000,000 per sq.m

Mixed-use land for sale

Ultra-Prime 8,000SQM Fenced & Vacant Waterfront Land

Ultra-Prime 8,000sqm Fenced & Vacant Waterfront Land ideal for: - Ultra-Luxury Waterfront Residences - Premium High-Rise Development - Luxury Serviced Apartments - Exclusive Mixed-Use Development - Strategic Real Estate Investment Land Size: 8,000sqm Title: Registered Supreme Court Judgment Price: ₦5,000,000 per sqm Total Price: ₦40 Billion Location: 3rd Avenue, Banana Island, Ikoyi, Lagos

3rd Avenue, Banana Island, Ikoyi, Lagos Added yesterday
Jonela Concept
Premium
₦1,500,000,000

Residential land joint venture

Highly Lucrative Residential Land Opportunity

Prime closeable joint venture opportunity -- Banana Island, Ikoyi, Lagos An exceptional and highly lucrative Joint Venture opportunity is available in the most exclusive neighbourhood in Africa -- Banana Island, Ikoyi, Lagos. Property Details: - Location: Banana Island, Ikoyi, Lagos - Land Size: 4,100 Sqm - Title: Certificate of Occupancy (C of O) & Supreme Court Judgement - Land Value: ₦5 Million per Square Meter - Premium: ₦1.5 Billion - Proposed Development: Open to Discussion - Sharing Ratio: Open to Discussion / Negotiable - Facilitation Fee: 10% The landowner is readily available and prepared for immediate closure with a serious developer. Procedure for Engagement: Interested developers are required to submit the following: 1. Letter of Intent (LOI) 2. Facilitation Fee Commitment Letter 3. Company Profile Upon fulfilment of these requirements, an inspection date will be fixed for a formal meeting with the landowner. Serious Enquiries Only. Col: Survey and video are available on request

Banana Island, Ikoyi, Lagos Added yesterday
4100 sqm
Ac Valour International
Premium
₦4,000,000

Land joint venture

Land

Joint venture Land size: 1,116Sqm Land Value: ₦4M/Sqm. Title: Lagos C of O (77 years) Location: Banana island Road, Lagos. Proposal: Apartments, maisonettes and penthouse Sharing Ratio: TBD Facilitator's Fee: 10% of Total Land Value Procedure: - Send Company Profile, loi, project Proposal & Facilitator's Fee's Agreement letters for immediate closure.

Banana Island, Ikoyi, Lagos
1116 sqm
Medley Voyage Limited
Premium
₦12,930,000,000

Land for sale

Prime Waterfront Land Measuring 3,403 SQM.

Description: Prime waterfront land measuring 3,403 sqm. Location: Banana Island, Ikoyi, Lagos Price: ₦3.8 Million per sqm Title: Federal C of O Total Price: ₦12.93 Billion

Banana Island, Ikoyi, Lagos
Enerst Properties
Premium
₦5,200,000,000

Residential land for sale

Residential Land Measuring 1000SQM

For sale 1,000 just came out from banana island with federal C of O Price: N5.2bn net Contact 09072548408

Banana Island, Ikoyi, Lagos
Dannaagrofarmpropertyhub
2, 245SQM Waterfront Property — Residential Zone, Banana Island, Ikoyi, Lagos
Premium
1
₦4,500,000 per sq.m

Residential land for sale

2, 245SQM Waterfront Property

Waterfront property measuring 2,245sqm at the residential zone of Banana island. This property has nested within it a 5 Detached Duplex. An interested buyer can sell the waterfront land and keep the duplex or use as is. Title: Fed & Lagos Title Price: ₦4,500,000 / sqm Contact us Calls: +234 809 4990 098 WhatsApp: +234 902 2220 601, +234 80 3413 5274 AI Sales Agent: +1 (555) 712-3272

Residential Zone, Banana Island, Ikoyi, Lagos
2245 sqm
Ash Properties & Constructions LTD.
Waterfront Bare Land at the Mixed Zone — Mixed Use Area, Banana Island, Ikoyi, Lagos
Premium
1
₦5,200,000 per sq.m

Residential land for sale

Waterfront Bare Land at the Mixed Zone

A Waterfront Bareland measuring 2,800sqm at the mixed use area of Banana island. Fed. C of O ₦5.2m/ m² Contact: 0809 499 0098 0902 222 0601

Mixed Use Area, Banana Island, Ikoyi, Lagos
2800 sqm
Ash Properties & Constructions LTD.
Uniquely Positioned Plots Banana Island 1273 - 4800 SQM — Residential Area, Banana Island, Ikoyi, Lagos
Premium
1
₦5,800,000 per sq.m

Land for sale

Uniquely Positioned Plots Banana Island 1273 - 4800 SQM

Uniquely Positioned Plots -- Banana Island Situated within the Original layout, tucked away on a quiet street off 2nd Avenue. Land size: 1273sqm - 4800sqm Title: Lagos State C of O Price: ₦5,800,000 / m² Contact us +2348094990098 +2349022220601 +2348034135274

Residential Area, Banana Island, Ikoyi, Lagos
4800 sqm
Ash Properties & Constructions LTD.
2,245M² Waterfront Property with Demolishable Structure for Sale — Banana Island, Ikoyi, Lagos
Premium
2
$7,000,000

Land for sale

2,245M² Waterfront Property with Demolishable Structure for Sale

2,245m² Waterfront Property with Demolishable Structure for Sale in Banana Island HomeAll Properties...2,245m² Waterfront Property with Demolishable... 2,245m² Waterfront Property with Demolishable Structure for Sale in Banana Island Gallery itemGallery item 2,245m² Waterfront Property with Demolishable Structure for Sale in Banana Island For Sale $7,000,000 Duplex, LandApril 14, 2026 Residential ZoneBanana IslandIkoyiLagosNigeria Description Details Features Contacts Description Available for sale is a prime 2,245 square metre waterfront property with a demolishable structure, located in one of Banana Island's most prestigious residential enclaves. This offering presents a rare opportunity for a discerning developer to acquire a premium waterfront site suited for a high-value luxury residential scheme. The property is well positioned for the development of 10 units of waterfront 5-bedroom terrace houses, complemented by a jetty, swimming pool, gym, and other luxury amenities expected in a top-tier Banana Island development. With strong demand for premium residences in the estate and waterfront terraces commanding significant market value, this site presents an attractive proposition for developers seeking a project with clear upside potential. At an average market rate of about $2 million per terrace unit, the projected gross revenue for a 10-unit development is approximately $20 million, making this a compelling investment opportunity for developers focused on the luxury segment of the Lagos real estate market. Property Details Location: Banana Island, Lagos Street: 314 Close Property Type: Waterfront land with demolishable structure Land Size: 2,245m² Title: Lagos Certificate of Occupancy Asking Price: $7,000,000 Contact us +2348094990098 +2349022220601 +2348034135274

Banana Island, Ikoyi, Lagos
2245 sqm
Ash Properties & Constructions LTD.
Waterfront Land — Residential Area, Banana Island, Ikoyi, Lagos
Premium
1
₦5,500,000 per sq.m

Residential land for sale

Waterfront Land

Waterfront Land: Banana Island Reclaimed waterfront land in 2020 is available for sale in Banana Island. Area: Residential Zone, Banana Island Title: Lagos C of O Land size: 1005m² Price: ₦5.5M per m² Contact 0809 499 0098 0902 222 0601

Residential Area, Banana Island, Ikoyi, Lagos
1005 sqm
Ash Properties & Constructions LTD.
Waterfront Land — Residential Zone, Banana Island, Ikoyi, Lagos
Premium
1
₦5,500,000 per sq.m

Residential land for sale

Waterfront Land

Waterfront Land: Banana Island Reclaimed waterfront land in 2020 is available for sale in Banana Island. Area: Residential Zone, Banana Island Title: Lagos C of O Land size: 2,235m² Price: ₦5.5M per m² Contact 0809 499 0098 0902 222 0601

Residential Zone, Banana Island, Ikoyi, Lagos
2235 sqm
Ash Properties & Constructions LTD.
1998SQM Residential Land — Banana Island, Ikoyi, Lagos
Premium
2
₦5,000,000 per sq.m

Residential land for sale

1998SQM Residential Land

Mixed Use Area : Banana Island Land size: 1998m² Title: Fed. C of O Price: ₦5M per m² (Not Negotiable) Note: 2 Buyers can come together to buy this piece of land Enquiries: +2348094990098 +2349022220601

Banana Island, Ikoyi, Lagos
1998 sqm
Ash Properties & Constructions LTD.
Waterfront Land — Residential Zone, Banana Island, Ikoyi, Lagos
Premium
1
₦5,500,000 per sq.m

Residential land for sale

Waterfront Land

Waterfront Land: Banana Island Reclaimed waterfront land in 2020 is available for sale in Banana Island. Area: Residential Area, Title: Lagos Title Land size: 1,230m² Price: ₦5.5M per m² Contact 0809 499 0098 0902 222 0601

Residential Zone, Banana Island, Ikoyi, Lagos
1230 sqm
Ash Properties & Constructions LTD.

Showing 1–20 of 450 properties

Area Guide

About Banana Island, Ikoyi

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

The average price of land in Banana Island, Ikoyi, Lagos is ₦4,260,000,000.

Most land in Banana Island, Ikoyi, Lagos are priced between ₦2,000,000,000 and ₦8,500,000,000.

Prices for land in Banana Island, Ikoyi, Lagos go up to around ₦40,000,000,000.

Prices for land in Banana Island, Ikoyi, Lagos start from around ₦1,600,000,000.

There are 450 available land in Banana Island, Ikoyi, Lagos. You can view and filter the list of property by price, furnishing and recency.