Nigeria Property Centre

Land in Banana Island, Ikoyi, Lagos

There are 524 land for sale and rent in Banana Island as of 28 Oct 2026, with an average price of ₦3.5B. 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.

4,276SQM Waterfront Bare Land in the Mixed Zone Area — Banana Island, Ikoyi, Lagos
Premium
3
₦3,800,000 per sq.m

Mixed-use land for sale

4,276SQM Waterfront Bare Land in the Mixed Zone Area

4,276sqm waterfront bare land for sale in the Mixed Zone Area Off 4th Avenue, Banana Island, Ikoyi, Lagos. Title: Federal C of O Price: ₦3.8m per sqm Total Price: ₦16,248,800,000 (Sixteen Billion Two Hundred Forty-Eight Million Eight Hundred Thousand Naira)

Banana Island, Ikoyi, Lagos Added today
4276 sqm
De Home Vessel LTD
Premium
₦25,000,000,000

Land joint venture

Land

Prime joint venture Size: 5,000sqm Location: off Second Avenue, Banana Island, Ikoyi, Lagos. Land Valuation: ₦25 Billion Premium: ₦3b Premium Proposal: Open Sharing Formula: To be mutually negotiated and agreed upon by the landowner and developer. Facilitators Fees: 10% of Land value

Off Second Avenue, Banana Island, Ikoyi, Lagos Added today
5000 sqm
Primestar Realty Limited
Premium
₦2,500,000,000

Mixed-use land for sale

500 Square Meters of Premium Land

Banana island land for sale Location: Banana island land for sale (Abuja street) Price: 500 sqm Size: N5m per sqm Title: federal c of o Mixed use zone Willy

Banana Island Estate, Abuja Street, Ikoyi, Lagos Added today
500 sqm
Michfranco Enterprises
Premium
₦6,000,000 per sq.m

Residential land for sale

4,800SQM Off 3rd Avenue, Banana Island

4,800sqm off 3rd Avenue, Banana Island Price: @ N6m per sqm Title: Lagos State CofO

3rd Avenue, Banana Island, Ikoyi, Lagos Added today
4800 sqm
Keland & Associates
1,443SQM Land — Off Banana Island Road, Ikoyi, Lagos
Premium
1
₦3,800,000 per sq.m

Residential land for sale

1,443SQM Land

Land for sale: Off Banana Island Road A parcel of land measuring 1,443m² is available for outright purchase. Land size: 1,443m² Title: Gov. Consent Location: Off Banana Island Road, Ikoyi Price: ₦3.8m per m²

Off Banana Island Road, Ikoyi, Lagos Added today
1443 sqm
Gui Integrated Concept Limited
Premium
₦3,700,000 per sq.m

Residential land for sale

1443.197SQM Land Just Out in a Very Secured Estate

Parcel of Land for Sale in Mojishola Onikoyi Estate, Off Banana Island Estate Road, Ikoyi, Lagos State Land Size: 1443.197 sqm Title : Lagos State CofO Price: N3.7 Million Per Square Metre

Mojishola Onikoyi Estate Off Banana Island Estate Road, Banana Island, Ikoyi, Lagos Added yesterday
1443 sqm
David Moren Property Services
Premium
₦37,000,000,000

Residential land joint venture

Land for Luxury Residential Development

Banana Island JV joint venture. Location: 3rd Avenue, Banana Island, Ikoyi. Size: 8000sqm Title: Registered Supreme Court Judgment Land Value: ₦5.5 Million per SQM Indicative Land Value: ₦37 Billion Premium: ₦2.5 Billion --- deductible from the Owners' Share Facilitators' Fee: 10% Development Purpose: - Luxury Residential Development - Ultra-luxury apartments - Waterfront mansions - Premium high-end real estate project

3rd Avenue, Banana Island, Ikoyi, Lagos Added yesterday
8000 sqm
Primestar Realty Limited
Ready to Build Residential Land Plot 1000SQM (Direct to Mandate) — Old Ikoyi, Ikoyi, Lagos
Premium
1
₦6,500,000,000

Land for sale

Ready to Build Residential Land Plot 1000SQM (Direct to Mandate)

Direct Brief Description: A parcel of land measuring approximately 1,000sqm situated in Block L, Banana Island Ikoyi, within a Mixed-Use Zone. Special features of the site - The title is held by a shell company to allow the new owner to avoid consent fees and related charges - Approved building plan for 8 floor development - Site is piled & ready for development - Title is Lagos State CofO - Site is completely fenced. Asking price is N6.50bn Let's Deal!

Old Ikoyi, Ikoyi, Lagos
1000 sqm
Arewá-Oluwa Properties
Premium
₦5,200,000

Residential land for sale

Residential Land

1000sqm land 3rd Avenue, Banana Island Fed.C.of.O Price: N5.2M

3rd Avenue, Banana Island, Ikoyi, Lagos
1000 sqm
Chiritzhomes
Premium
₦4,464,000,000

Residential land joint venture

1,116SQM Land

Joint venture on Banana Island Road. 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
Monuel Properties & Co
Premium
₦5,000,000

Residential land joint venture

2,200 SQM of Land

Joint venture opportunity --- Banana Island, Ikoyi, Lagos. Land Size: 2,200 sqm Title: C of O Land Value: ₦5M per sqm Premium: Nil Proposal: Block of flats Sharing formula: TBD Brokerage fees: 10% Developer with high profile and records will be considered. No long chains.

Banana Island, Ikoyi, Lagos
2200 sqm
Monuel Properties & Co
Premium
₦5,000,000 per sq.m

Residential land for sale

852SQM Waterfront Residential Land

Own a rare waterfront land parcel in the prestigious Banana Island, Ikoyi. This 852sqm plot offers an exclusive opportunity to develop a luxury waterfront residence or a high-end investment property in one of Lagos' most affluent and sought-after neighborhoods. Property Details Location: Banana Island, Ikoyi, Lagos Property Type: Waterfront Residential Land Land Size: 852sqm Title: Federal Certificate of Occupancy (C of O) Price: ₦5,000,000 per sqm Property Highlights Prime Waterfront Location Prestigious Banana Island Address Federal Certificate of Occupancy (C of O) Serene & Exclusive Environment Excellent Accessibility Premium Investment Opportunity Suitable Development Options Luxury Waterfront Mansion High-End Private Residence Boutique Luxury Development Executive Family Home Investment Highlights One of Lagos' Most Exclusive Addresses Exceptional Capital Appreciation Potential Secure Federal Title Documentation Strong Demand for Luxury Properties Prime Long-Term Investment Asset Ideal Buyer This property is ideal for high-net-worth individuals, luxury home developers, private investors, and anyone looking to build an iconic waterfront residence in Banana Island. Price ₦5,000,000 per sqm Location Banana Island, Ikoyi, Lagos Land Size 852sqm Property Type Waterfront Residential Land

Banana Island, Ikoyi, Lagos
852 sqm
Monuel Properties & Co
Premium
₦4,000,000,000

Residential land for sale

1,000SQM Land

This exceptional 1,000sqm parcel of land is located within the prestigious Banana Island, Ikoyi---Nigeria's most exclusive residential enclave. Renowned for its luxury developments, world-class infrastructure, and high-profile residents, Banana Island remains one of the most desirable real estate destinations in Africa. The plot presents an outstanding opportunity for discerning investors, developers, and high-net-worth individuals looking to build a bespoke luxury residence or develop a premium residential project. With strong demand, limited land availability, and consistent capital appreciation, this property offers both exclusivity and long-term investment value. Property Features - Land Size: 1,000sqm - Prime Banana Island Location - Development-Ready Plot - Suitable for Luxury Residential Development - Excellent Road Network - Premium Residential Environment - Secure and Exclusive Community - High Investment Potential - Strong Capital Appreciation Prospects Ideal Buyer This property is ideal for high-net-worth individuals, luxury home developers, private investors, and corporate buyers seeking a prestigious landholding in one of Lagos' most exclusive neighborhoods. Title Federal Certificate of Occupancy (C of O) Price ₦4,000,000 per sqm (Net) Total Asking Price ₦4,000,000,000 Net (Based on 1,000sqm at ₦4,000,000 per sqm) Location Banana Island, Ikoyi, Lagos Land Size 1,000sqm

Banana Island, Ikoyi, Lagos
1000 sqm
Monuel Properties & Co
Premium
₦5,500,000 per sq.m

Residential land for sale

1283SQM Land

An exceptional opportunity to acquire a 1,283sqm residential plot in the prestigious Banana Island, Ikoyi. Situated within the original residential layout, this premium parcel offers an ideal setting for the development of a luxury private residence or an exclusive residential project. With a secure Lagos Certificate of Occupancy (C of O), this property represents a rare investment opportunity in one of Nigeria's most exclusive and high-value residential communities. Property Details Location: Banana Island, Ikoyi, Lagos Land Size: 1,283sqm Layout: Original Residential Layout Title: Lagos Certificate of Occupancy (C of O) Price: ₦5,500,000 per sqm Property Highlights - Prime Banana Island Location - Original Residential Layout - Secure Lagos C of O - Prestigious Gated Community - Excellent Accessibility - High-Value Residential Environment - Ready for Immediate Development Development Potential - Luxury Private Residence - Ultra-Luxury Villa - High-End Residential Development - Exclusive Family Estate - Premium Residential Investment Investment Highlights - One of Lagos' Most Prestigious Residential Addresses - Exceptional Capital Appreciation Potential - Strong Demand for Luxury Homes - Secure and Verifiable Title - Rare Opportunity to Own Land in Banana Island Ideal Buyer This property is ideal for high-net-worth individuals, luxury home developers, family offices, institutional investors, and private investors seeking a premium residential asset in Banana Island. Price ₦5,500,000 per sqm Location Banana Island, Ikoyi, Lagos Land Size 1,283sqm Title Lagos Certificate of Occupancy (C of O)

Banana Island, Ikoyi, Lagos
1283 sqm
Monuel Properties & Co
Premium
₦5,000,000 per sq.m

Residential land for sale

1,283.954SQM Land

Banana island, ikoyi 1,283.954sqm land at Zone E, Banana Island, ikoyi Title: Lagos State / Governor Consent Price: N5m per sqm

Zone E, Banana Island, Ikoyi, Lagos
Keland & Associates
Land Measuring 1,000SQM — Zone J Off 3rd Avenue, Banana Island, Ikoyi, Lagos
Premium
1
₦5,200,000 per sq.m

Residential land for sale

Land Measuring 1,000SQM

For sale in banana island - Zone J plot, reclaimed over 10 years ago that has settled and ready for development in a secured close off 3rd Avenue - Land size: 1,000sqm - Title: Fed Cofo - Price: N5.2m/sqm

Zone J Off 3rd Avenue, Banana Island, Ikoyi, Lagos
1000 sqm
Breathing Space
Residential Land Measuring 1,547SQMS — Zone D Off 2nd Avenue, Banana Island, Ikoyi, Lagos
Premium
1
₦7,500,000 per sq.m

Residential land for sale

Residential Land Measuring 1,547SQMS

For sale in Banana Island. Zone D plot in a well secured Close off 2nd Avenue, which is purely residential zone that has nothing to do with waterfront. - Landsize: 1,547sqm - Title: Lasg Cofo - Price: N7.5m/sqm

Zone D Off 2nd Avenue, Banana Island, Ikoyi, Lagos
1547 sqm
Breathing Space
A Parcel of Land Measuring 1,443M² Is Available. — Banana Island Road, Ikoyi, Lagos
Premium
1
₦3,800,000

Residential land for sale

A Parcel of Land Measuring 1,443M² Is Available.

Land for sale: Banana Island Road A parcel of land measuring 1,443m² is available for outright purchase. Land size: 1,443m² Title: Gov. Consent Location: Off Banana Island Road, Ikoyi Price: ₦3.8m per m²

Banana Island Road, Ikoyi, Lagos
1443 sqm
D&D Properties
2000SQM Bareland — Oni Ikoyi Off Banana Island Road, Ikoyi, Lagos
Premium
1
₦4,500,000

Land for sale

2000SQM Bareland

2000sqm of land located off banana island road oniikoyi for sale. Price 4.5m per sqm. Contact 09072548408

Oni Ikoyi Off Banana Island Road, Ikoyi, Lagos
2000 sqm
Dannaagrofarmpropertyhub
Premium
₦5,500,000 per sq.m

Residential land for sale

852 SQM Plot Waterfront Land

852sqm waterfront land Location: off 2nd Avenue, Banana Island, Ikoyi. Title: Federal CofO Price: N5.5 Million/Sqm Note: 5% Agency fee applies For additional details, inquiries, and physical inspections, call our hotline: 07088065449 You can send us a quick mail to: [email protected] Take Advantage Today!

2nd Avenue, Banana Island, Ikoyi, Lagos
852 sqm
Future Homes Properties and Investment LTD

Showing 1–20 of 524 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 land in Banana Island, Ikoyi, Lagos is ₦3,500,000,000.

Prices for land in Banana Island, Ikoyi, Lagos go up to around ₦55,000,000,000.

Prices for land in Banana Island, Ikoyi, Lagos start from around ₦3,000,000.

There are 524 available land in Banana Island, Ikoyi, Lagos. You can view and filter the list of property by price, furnishing and recency.

Prices for land in Banana Island, Ikoyi, Lagos range from ₦2,500,000 to ₦55,458,000,000.