Nigeria Property Centre

Land in Banana Island, Ikoyi, Lagos

There are 400 land for sale and rent in Banana Island as of 5 Sep 2026, with an average price of ₦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.

Premium
₦4,800,000 per sq.m

Residential land for sale

Prime Residential Land Measuring 1, 960.540 SQMS

prime residential land measuring approximately 1,960.540 square meters location: banana island, ikoyi, lagos title: federal C of O price: 4.8 million/sqm

Banana Island, Ikoyi, Lagos
1960 sqm
Pearlworth Investment Limited
1068SQM Vacant Commercial Plot — Banana Island, Ikoyi, Lagos
Premium
6
₦80,000,000 /yr

Commercial land for rent

1068SQM Vacant Commercial Plot

Commercial land measuring 1068sqm for long lease located within the Mixed-Use Zone, Banana Island Estate, Ikoyi, Lagos. Site details: Square-shaped site, Front Plot, Flood-free site; 1068sqm, etc. Suitability: Erection of temporary structures, Car Show-Room, Gym, Shopping Mall, Construction equipment storage, etc. Term: Minimum of 5 Year Lease. Rent is NGN80,000,000 (EIGHTY million naira ONLY) per annum. All pricing are as at august 19, 2025 and subject to adjustment. Kindly note: (1) All enquiries could be made between 8:00am -- 7:00pm (Monday -- Friday) and between 8:00am -- 2:00pm (Saturdays); (2) Our offices (including phone-lines) are closed on Sundays; (3) Viewing/inspection is only by appointment; (4) We require 2-Hour (minimum) advance notice for property viewing/inspection; (5) You can also reach us via these channels: [email protected]; +234(0)8059149400; +234(0)8188040221. Best Regards.

Banana Island, Ikoyi, Lagos
1068 sqm
First Colony Real Estate Company LTD
Premium
₦5,400,000,000

Mixed-use land joint venture

Land for a Serious and Ready to Close Developer

Joint venture location banana island ikoyi land size 1200 SQM proposal block of high rise mixed zone development land value 4.5M per SQM facilitators fees 10%

Banana Island, Ikoyi, Lagos
Ambuiltech Project & Services Ventures LTD
Premium
₦18,000,000,000

Mixed-use land joint venture

Mixed-Use Land Development

Joint venture location banana island land size 4000SQM proposal block of high rise mixed zone land value 4.5M per SQM facilitators fees 10%

Mix Zone, Banana Island, Ikoyi, Lagos
Ambuiltech Project & Services Ventures LTD
Fully Fenced and Dry Land Measuring 750 Square Meters — Off Banana Island Road, Ikoyi, Lagos
Premium
4
₦3,000,000 per sq.m

Residential land for sale

Fully Fenced and Dry Land Measuring 750 Square Meters

Fully Fenced and Dry Land Measuring 750 Square Meters Off Banana Island Road, Ikoyi, Lagos. Features: - Regular-shaped land - Part of the land is directly overlooking the lagoon, allowing good natural breeze - Ready for immediate development (Fully built-up and living neighborhood) - Suitable for residential (high-rise blocks of luxury flats/ houses) - Excellent location for optimal real estate investment - Located in a well known prestigious estate - Proximity to Lekki Phase One, Victoria Island, Third Mainland bridge, etc. - Title: Governor's Consent Price: N3million per square meter For further enquiries/ arrangement for inspection, please contact: Chris:+2348177766115 (Call/ WhatsApp) Tola: +2348177766008 (Call/ WhatsApp) Gabriel:+2348177766550(Call/ WhatsApp) Bluehedge Realtors - Estate agency and Property marketing - Real estate development and Advisory Tel: +234-8032065685 (Call/ WhatsApp), 08177766110-9 (Call/ WhatsApp) Email: [email protected] Website: www.bluehedgerealtors.com Instagram: @bluehedgerealtors

Off Banana Island Road, Ikoyi, Lagos
750 sqm
Bluehedge Realtors
852, 1000, 2275 & 3300 Sq MTS Residential Plots — Banana Island, Ikoyi, Lagos
Premium
1
₦4,500,000 per sq.m

Residential land for sale

852, 1000, 2275 & 3300 Sq MTS Residential Plots

For sale at Banana Island, Ikoyi, Lagos: 852, 1000, 2275 & 3300 sq mts non-waterfront and waterfront parcels of land at Banana Island estate, Ikoyi Price from: ₦4.5m per sq mts

Banana Island, Ikoyi, Lagos
Douglas Okoye & Co
Premium
₦4,000,000 per sq.m

Residential land for sale

1000SQM Bare Land

Banana island sales Sales!! Land measuring 1000Sqm located in the residential zone of Banana Island Estate, Ikoyi. Price: N4m/sqm(Net)

Banana Island, Ikoyi, Lagos
1000 sqm
Actvision Integrated Resources LTD
900 SQMS Land — Banana Island, Ikoyi, Lagos
Premium
1
₦4,800,000,000 per plot

Mixed-use land for sale

900 SQMS Land

Banana Island, Ikoyi. Corner Piece. 900 SQM. Mixed-Use Zone. ₦4,800,000,000. Confirm the Title Before You Confirm Anything Else. This Is Priced Like Banana Island's Strongest Title Tier --- Verify That It Actually Is. The problem There's a category of Banana Island land listing that prices itself at the top of the market without stating the one detail that justifies being there --- the title instrument. Corner-piece plots in Banana Island's mixed-use zone currently trade across a real range: standard Lagos State C of O land around ₦3,700,000 to ₦4,300,000 per sqm, and Federal C of O land --- the stronger, more institutionally recognized title --- commanding ₦4,500,000 to ₦5,500,000 per sqm. A near-identical comparable, also 900sqm, also a corner piece in the mixed-use zone, is listed elsewhere at ₦5,000,000,000, with its title simply described as "Lagos Title" --- itself a vague term that doesn't confirm Federal versus State C of O either. This listing is 900sqm, corner piece, mixed-use zone, ₦4,800,000,000 --- approximately ₦5,333,000/sqm. That rate sits inside the Federal C of O premium tier. Whether this specific plot actually carries that title is the first thing a serious buyer needs answered, not assumed. The agitation Here's why the title question isn't a formality on Banana Island specifically. A Federal Certificate of Occupancy and a Lagos State Certificate of Occupancy are not interchangeable in strength or in how the market prices them --- the comparable data above shows a genuine, consistent gap of roughly ₦800,000 to ₦1,000,000 per sqm between the two tiers on nearly identical corner-piece plots in the same mixed-use zone. Paying Federal C of O-tier pricing for land that turns out to carry a Lagos State C of O, or an unperfected title requiring further registration, means overpaying by a material margin on a 900sqm parcel --- potentially several hundred million naira. This isn't a reason to walk away from the listing. It's a reason to ask one direct question before responding to anything else in the description: which specific title instrument does this plot carry, and can it be verified against the original allocation documents before an offer is made. The solution 900 square metres, corner piece, mixed-use zone, Banana Island, Ikoyi. ₦4,800,000,000. Title to be confirmed directly with the agent. Here is what's genuinely verified and what needs confirming: Verified: Banana Island address. No serious buyer needs to be sold on the address itself --- it remains Lagos's most consistently valuable and demand-constrained residential and mixed-use enclave, with land supply that doesn't expand. Verified: Corner-piece positioning in the mixed-use zone. Corner plots typically command a premium over mid-block plots due to dual road frontage and greater design flexibility for a mixed-use development --- consistent with why this listing and its closest comparable both carry premium pricing. Verified: 900sqm. A workable footprint for a mixed-use residential-commercial development, consistent with what's trading elsewhere in the same zone. Unconfirmed: title instrument. This is the single most important verification step before proceeding. Request written confirmation of whether this is a Federal C of O, Lagos State C of O, or another instrument, and request the original documentation for independent solicitor review. Why this beats going in without asking. A buyer who confirms Federal C of O title gets a defensible, market-consistent price at the top of Banana Island's corner-piece range. A buyer who discovers a weaker title after the fact has overpaid relative to the comparable market --- the ₦800,000,000 to ₦1,000,000 per sqm gap between title tiers on comparable plots. The call to action 900sqm. Banana Island, Ikoyi. Corner piece, mixed-use zone. ₦4,800,000,000. Title requires direct confirmation. Call or WhatsApp Smilebay Realties: +234 901 517 4801 and ask specifically: what is the confirmed title instrument, and is documentation available for immediate solicitor review? Serious inquiries only. Do not proceed to a site visit or offer until title is confirmed in writing. The address is already Banana Island --- that part isn't in question. The corner position is already stated --- that part checks out. The title is the one line this listing left blank, and it's the line worth the most. Land Type: Mixed-use Land (Corner Piece) Size: 900 sqm Price: ₦4,800,000,000 Title: Not stated in listing --- confirm directly with agent before proceeding Location: Banana Island, Ikoyi, Lagos Market Comparable Context (Banana Island mixed-use corner-piece land): 900sqm corner piece, mixed-use zone, Banana Island --- ₦5,000,000,000 ("Lagos Title," unspecified) 1,000sqm, mixed-use, Lagos State title --- ₦3,700,000/sqm 2,025sqm corner piece, Federal C of O --- ₦4,500,000/sqm 500sqm, Federal C of O --- ₦5,000,000/sqm 850sqm waterfront, Federal Governor's Consent --- ₦5,500,000/sqm This listing: 900sqm corner piece, mixed-use zone --- ₦4,800,000,000 Posted: 15 August 2026 Listed by: Smilebay Realties Limited --- Ref: #362-387-5

Banana Island, Ikoyi, Lagos
900 sqm
Smilebay Realties Limited
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.
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.
Premium
$17,000,000

Mixed-use land for sale

Super Commercial Building

Super commercial building sales in banana island Introducing iconic twin towers for big multinational. Towers info: Tower a = 10 floors Tower B = 11 floors Total Lettable Area : Approx 15,000m2 Each To Tower Details: Tower a 10 floors: Floor 3 - 9 @ 1020m2 per floor Tower B 11 floors: Floor 4-10 @ 1020m2 per floor Ground floor: Common Areas 220m2 1st & 2nd floors parking 20 bays allocated per lettable floors Total of 250 parking bays. Key features Full height glazing with moder facilities Raised floors and central air conditioning Advanced fire safety & access control system High speed elevators & Dedicated service Lift Fitness center, Cafe, and business grade amenities. Location Advantage: - Well planned infrastructure & road network - waterfront views & elite corporate neighborhood. Land Size: 4000m2 Title : Perfect Price: Call.....

Banana Island, Ikoyi, Lagos
4000 sqm
Kotoye and Co. Real Estate Ventures
Premium
₦3,800,000 per sq.m

Residential land for sale

3, 400M2 Waterfront Plot, Price Attractive and Negotiable

Quick Sale Appox 3,400sqm waterfront plot in Banana Island Price: N3.8m negotiable per sqm Title: Federal C of O

3rd Avenue, Banana Island, Ikoyi, Lagos
3400 sqm
Kunle Akinrinade and Co (Solicitors)
Land — Banana Island, Ikoyi, Lagos
Premium
5
₦3,800,000 per sq.m

Land for sale

Land

Best Land Deals Available for Sale in Ikoyi Location: Banana Island, Ikoyi These are the finest land investment opportunities, carefully curated for you. Discover exceptional plots in Banana Island, Ikoyi, for prime real estate, with refined living. For more information and to schedule a private viewing, please send us a contact: 08030412154

Banana Island, Ikoyi, Lagos
Projects Team Limited
Land — Banana Island, Ikoyi, Lagos
Premium
3
₦6,500,000,000

Land joint venture

Land

Location: Banana Island, Lagos Land Size: 1,400 sqm Land Value: ₦6.5 Billion Premium: ₦1 Billion Title: Federal Certificate of Occupancy Owner's Development Preference- A block of luxury flats/apartments, or 4 units of luxury terrace houses

Banana Island, Ikoyi, Lagos
Projects Team Limited
Premium
₦5,000,000 per sq.m

Land for sale

Land Measuring 852SQM

CWL1535 Land Measuring 852sqm in Ikoyi Own a rare waterfront property in the prestigious Banana Island, Ikoyi---Lagos' most exclusive residential enclave. Measuring 852sqm, this premium parcel of land is dry, solid, and fully embanked, making it ready for immediate development. Its waterfront position offers breathtaking views and presents an exceptional opportunity to build a luxury residence or an iconic investment property in one of Nigeria's most desirable addresses. Property Features 852sqm waterfront land Dry, hard, and development-ready Fully embanked waterfront plot Prime waterfront location in Banana Island Ideal for a luxury waterfront residence Suitable for high-end residential development Excellent accessibility Prestigious and secure neighborhood Outstanding investment and capital appreciation potential Title Federal Consent Ideal Buyer This property is ideal for high-net-worth individuals, luxury home developers, institutional investors, and discerning buyers seeking to develop an exclusive waterfront residence or a premium investment property in Banana Island. Price ₦5,000,000 per sqm (Net Price) Total Land Size: 852sqm Location: Banana Island, Ikoyi, Lagos For more Information, Pricing and Private Viewings Please Contact: Nadi: 09062511345 Lilian: 09062511340 Email: [email protected] Website: www.cwlagos.com We are Social! Check out other Fantastic Premium Listings on our Social Media Platforms IG: @cwrelagos Twitter: @cwrelagos Facebook: @cwrealestate

Banana Island, Ikoyi, Lagos
C W Real Estate
Premium
₦6,000,000 per sq.m

Residential land for sale

1200.799SQM Waterfront Land Just Out in a Highly Desirable Estate

Prime Sale of Waterfront Land Land Size: 1200.799sqm Price: 6,000,000 per square meter Title: Lagos State CofO Feamadwm

Shoreline Estate Along Banana Island Estate Road, Ikoyi, Lagos
1201 sqm
David Moren Property Services
Premium
₦3,500,000

Mixed-use land for sale

Approximately 3400SQM Waterfront Land for Fastest Finger

Quick Sale in Banana Island Estate. Approximately 3400sqm Waterfront Land for Fastest Finger. Price: 3,500,000 per square meter Title: Federal CofO

Banana Island Estate, Banana Island, Ikoyi, Lagos
3400 sqm
David Moren Property Services
Premium
₦4,600,000 per sq.m

Residential land for sale

5, 300SQM, 3, 000SQM, 2, 300SQM Waterfront Land with Built-Up Jetty

5,300sqm, 3,000sqm, 2,300sqm waterfront land with built-up Jetty on the Adenuga side of Banana Island. Fed.C.of.O Price:N4.6m per sqm

Banana Island, Ikoyi, Lagos
Keland & Associates
Premium
₦5,000,000 per sq.m

Mixed-use land for sale

Prime 500SQM Land

CWL1662 Discover this exceptional 500sqm plot of land for sale in Ikoyi's most coveted address 310 Close, Banana Island priced at ₦5,000,000 per square meter, offering prime real estate opportunity in Lagos's most exclusive waterfront enclave. This strategically positioned land parcel comes with a Federal Certificate of Occupancy and a complete survey, ensuring transparent ownership and immediate development readiness for discerning investors and owner-occupiers alike. Banana Island remains Lagos's premier address for ultra-high-net-worth individuals and international investors, with unparalleled infrastructure, security, and proximity to world-class amenities that guarantee strong capital appreciation potential. Whether you're seeking a bespoke residential development, luxury home site, or investment portfolio diversification, this Ikoyi Lagos real estate offering represents a rare opportunity to secure prime waterfront land in a location with consistently strong demand and limited supply. Contact us today to schedule a comprehensive site visit and explore how this exceptional 500sqm plot can become your next premium investment in Lagos. Property Features: - Status: Sale - Location: 310 Close, Banana Island - Size: 500 sqm - Title: Federal C of O - Survey: Available Financial Details: - Price: ₦5,000,000 Ikoyi ₦5,000,000 For more Information, Pricing and Private Viewings Please Contact: Rose: 08149226187 Lilian: 09062511340 Email: [email protected] We are Social! Check out other Fantastic Premium Listings on our Social Media Platforms IG: @cwrelagos Twitter: @cwrelagos Facebook: @cwrealestate

Ikoyi, Lagos
C W Real Estate
2245 SQM Waterfront Land Embankment C of O — Banana Island, Ikoyi, Lagos
Premium
5
₦4,500,000 per sq.m

Land for sale

2245 SQM Waterfront Land Embankment C of O

Waterfront land With Embankment Inside Banana Island Ikoyi Residential Zone 2,245 sqms waterfront land with Embankment done lasg CofO N4.5m per sqm net (Not Negotiable)

Banana Island, Ikoyi, Lagos
2245 sqm
Hygge Homs

Showing 61–80 of 400 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 ₦5,000,000,000.

The price of the most expensive land in Banana Island, Ikoyi, Lagos is ₦40,500,000,000.

The price of the cheapest land in Banana Island, Ikoyi, Lagos is ₦3,000,000.

There are 400 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 ₦1,300,000 to ₦60,000,000,000.