Nigeria Property Centre

Land in Banana Island, Ikoyi, Lagos

There are 403 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.

Featured
₦5,000,000,000

Land for sale

900SQM Corner Piece Land

900sqm corner piece land for sale in Banana island at Price 5B, Lagos state title Stel

Banana Island, Ikoyi, Lagos
Wilson Communications Interprises
Featured
₦4,500,000 per sq.m

Residential land for sale

450SQM Land Deal

Banana island, ikoyi a prime land offering in one of Nigeria's most prestigious residential enclaves, located on 3rd Avenue, Banana Island. Property Details - Location: 3rd Avenue, Banana Island, Ikoyi - Land Size: 500 sqm - Title: Federal Certificate of Occupancy (C of O) - Price: ₦4,500,000 per sqm (Net) An exceptional opportunity for luxury residential development or a premium investment in one of Lagos' most exclusive addresses. Serious enquiries only.

Banana Island, Ikoyi, Lagos
500 sqm
12 Pearls Ventures
1000SQM Land — Banana Island, Ikoyi, Lagos
Featured
1
₦3,900,000,000

Land for sale

1000SQM Land

Sem-DIRECT brief freshly out- banana island 1000sqm land on 309 Location: Banana Island (Original Banana plot) Title: Fed.C.of.O Price: 3.9m per sqm

Banana Island, Ikoyi, Lagos
The Home Properties. a Division of Onozefe Uzuazor Bridget Enterprise
Best Land Deals — Banana Island, Ikoyi, Lagos
Featured
1
₦3,800,000

Land for sale

Best Land Deals

Ikoyi Lands for For Sale, Best Land Deals Location: Banana Island, Ikoyi Price: N3.8M/sqm Size: 500sqm Mixed Use 🧳Title: C of O The area's solid infrastructure supports its appeal for residential and commercial development. For more information and to schedule a private viewing, please send us a DM or contact:

Banana Island, Ikoyi, Lagos
Projects Team Limited
Featured
₦4,500,000 per sq.m

Commercial land for sale

1,000 SQM Land

Ref: IK - nse - 12 Description: 1,000 Sand Filled & Fenced Land Title: Federal C of O Location: Banana Island Estate. Price: 4.5m Per SQM Brokerage Fees Applies For More Information, Kindly Call/WhatsApp: Phone: 08180295362, 08035703715

Banana Island, Ikoyi, Lagos
No SQM Escapes
Featured
₦4,400,000

Land for sale

Land Size 5000SQM

For sale location : banana island - size : 500sqm - price : #,4. 4m per sqm ( slightly negotiable) F cofo

Banana Island, Ikoyi, Lagos
Bentol Home Plus
Fenced and Gated Land Measuring 1068SQM — Banana Island, Ikoyi, Lagos
Featured
6
₦95,000,000

Commercial land for rent

Fenced and Gated Land Measuring 1068SQM

Land for Lease @ Banana Island, Ikoyi Land Size 1068 SQM Fenced & Gated Location: Banana Island Estate Ikoyi mixed-use zone Rent: NGN95M per annum let's have your offer Note: perfect for car park or storage, so much more... (temporary structures is allowed base on landowner Approval) Bepr/W

Banana Island, Ikoyi, Lagos
Oip Properties
Featured
₦3,000,000 per sq.m

Land for sale

Prime Land Measuring 1,200SQM

Prime land measuring 1,200SQM in Parkview Estate, ikoyi, lagos Secure a rare investment opportunity in one of Lagos' most prestigious and highly coveted residential enclaves. This exceptional 1,200 square metre parcel of land is strategically positioned on the right side of Parkview Estate, Ikoyi, offering discerning investors, developers, and high-net-worth individuals the perfect canvas for an iconic residential or investment project. Parkview Estate is renowned for its serene ambiance, first-class infrastructure, excellent road network, and world-class security. Home to luxury residences, diplomatic missions, expatriates, and corporate executives, the estate continues to rank among the most desirable and valuable addresses in Lagos. With land in this location becoming increasingly scarce, this property presents an outstanding opportunity for immediate development or long-term capital appreciation. Whether you envision an ultra-modern detached mansion, luxury terrace homes, premium serviced apartments, or an exclusive residential development, this property offers the space, flexibility, and prestigious address to bring your vision to life. One of the unique advantages of this offering is the owner's flexibility. While the entire 1,200 SQM is available for acquisition, the owner is also willing to sell half of the land, making it suitable for buyers with varying development goals and investment capacities. Features Prime location Generous land size Owner willing to sell half of the plot Suitable for luxury residential development Ideal for serviced apartments or terrace developments Excellent road network and easy accessibility Prestigious and secure neighborhood Peaceful and low-density environment Surrounded by premium luxury homes Excellent infrastructure and drainage system Close proximity to Banana Island, Old Ikoyi, Victoria Island, and major business districts High rental demand and excellent investment returns Strong long-term capital appreciation potential Rare opportunity to own land in one of Lagos' most exclusive estates price : N3,000,000 per square (NET) title : judgement. Note: owner can sell half. Image code: CPP LD378 To schedule a viewing, send a dm or call, +234 813 868 2907 or, +234 911 064 9112

Parkview, Ikoyi, Lagos
1200 sqm
Casa Prime Realty
Prime Land — Banana Island, Ikoyi, Lagos
Featured
1
₦4,200,000 per sq.m

Residential land for sale

Prime Land

️ Prime land for sale Banana Island, Ikoyi exclusive residential plot Land Size: 1,000 SQM Location: Premium Residential Zone Title: (Insert Title -- e.g., C of O / Governor's Consent) Property Details Well-proportioned rectangular plot Approx. Dimensions: Length: ~51m Width: ~19.4m Ideal for luxury residential development Located in a serene, high-value neighborhood Why This Property? Prestigious & secure environment High roi & capital appreciation Surrounded by luxury developments Perfect for detached mansion or duplex project price: (Insert Price Here) contact now For inspection & enquiries

Banana Island, Ikoyi, Lagos
1000 sqm
Plusworld Realtors
Featured
₦6,500,000,000

Residential land joint venture

2,600 SQM Joint Venture

Joint Venture Development Opportunity -- Adeleke Adedoyin, Off Kofo Abayomi Road, Ikoyi, Lagos 2,600 SQM Land Certificate Title Land Value: ₦2.5M per SQM (≈₦6.5 Billion Total) Premium: ₦300M (Slightly Negotiable) Facilitator's Fee: 10% --- Property & JV Overview - Location: Adeleke Adedoyin, Off Kofo Abayomi Road, Ikoyi, Lagos. A prime residential/commercial street in the heart of Ikoyi, close to major business hubs. - Land Size: 2,600 SQM. - Title: Land Certificate -- a recognized title requiring verification and potential upgrade to Governor's Consent for full bankability. - Land Value: ₦2,500,000 per SQM. - Total Land Value: ₦6,500,000,000 (≈ ₦6.5 Billion). - Premium: ₦300,000,000 (slightly negotiable), payable upon JV contract signing. - Proposed Development: Luxury Flats with a total of 38 units across 2 blocks: - Owner's Block (17 Units): 8 units of 2‑bedrooms, 8 units of 3‑bedrooms, 1 penthouse. - Developer's Block (21 Units): Developer's preference (flexible unit mix). - JV Sharing Formula: To be negotiated (likely based on land contribution vs. development cost). - Facilitator's Fee: 10% of land value (≈ ₦650 Million), payable upon JV agreement. - Owner's Special Request: One of the owners requires 2 units of the 2‑bedroom flats to be converted into a maisonette on the 1st & 2nd floors for his personal use. --- Key Highlights - Prime Ikoyi Address: Adeleke Adedoyin, off Kofo Abayomi, is a prestigious, low‑density residential area in the heart of Ikoyi -- close to Victoria Island, Falomo, and major commercial districts. - Large Development Scale: 2,600 SQM allows for a substantial luxury apartment complex with significant unit count (38 total) -- maximizing returns. - Clear Unit Allocation: The owner has a defined allocation (17 units), while the developer has full flexibility on the remaining 21 units -- a balanced partnership structure. - Premium Payment: ₦300M upfront at contract signing -- filters for serious, well‑capitalized developers. - High Demand Location: Ikoyi luxury apartments consistently attract high‑net‑worth individuals, expatriates, and corporate tenants -- ensuring strong sales and rental potential. --- ️ Proposed Development -- 38 Luxury Units Block Units Breakdown Owner's Block 17 8 x 2‑Bed, 8 x 3‑Bed, 1 Penthouse Developer's Block 21 Developer's preference (flexible mix) Special Request -- 2 units of 2‑Bed converted to Maisonette (1st & 2nd floor) for owner Total: 38 luxury units (apartments + maisonette + penthouse). Key Features: High‑spec finishes, parking, gym, pool, backup power, water treatment, and 24/7 security. --- Location Benefits -- Adeleke Adedoyin, Ikoyi - Prestige Address: Off Kofo Abayomi -- one of Ikoyi's most desirable streets, surrounded by luxury homes, embassies, and corporate offices. - Excellent Connectivity: Minutes from Victoria Island, Falomo Bridge, and Lagos Island. - Secure Environment: Low crime, well‑lit roads, and a mature, established neighbourhood. - High Demand: Properties in this area consistently achieve premium rents and capital appreciation. --- Financial Structure - Land Contribution Value: ₦6.5 Billion. - Premium (Upfront): ₦300 Million (slightly negotiable) -- payable to landowner upon JV contract signing. - Developer's Role: Provide 100% of construction financing, bank guarantee, project management, and sales/letting. - Profit Sharing: To be negotiated -- typically based on the ratio of land value to total development cost. - Facilitator's Fee: 10% of land value (≈ ₦650 Million), typically paid from the landowner's share upon JV execution. --- ️ Critical Note -- Land Certificate Title - a Land Certificate is a recognised title but is weaker than a C of O or Governor's Consent. - Implication: The buyer/developer will need to conduct thorough due diligence to: - Confirm authenticity at the Lagos State Lands Bureau. - Understand the lease terms and remaining tenure. - Plan for potential upgrade to Governor's Consent (cost and timeline). - This should be factored into the JV negotiation and financial modelling. --- Next Steps for Interested Developers Interested developers must submit: 1. Letter of Intent (LOI) -- confirming interest and acceptance of the premium and proposed unit allocation. 2. Company Profile -- with verifiable evidence of luxury apartment projects completed in Ikoyi, Victoria Island, or Banana Island. 3. Proof of Funds -- bank statements or financing letters showing capacity for a project of this scale (estimated construction cost ₦10B--₦18B+). 4. Bank Guarantee -- ability to provide a performance guarantee as required. 5. Preliminary Concept Note -- initial design and timeline aligned with the proposed 38‑unit luxury development, including the maisonette conversion. Due Diligence: - Upon signing an nda and facilitator fee agreement, the facilitator will provide the Land Certificate, survey, and arrange a site inspection. Ideal Partner Profile: - A reputable real estate development firm with a proven track record in luxury multi‑unit residential projects in prime Lagos locations. - Strong financial capacity and ability to fund construction without sole reliance on off‑plan sales. --- Adeleke Adedoyin, Ikoyi -- 2,600 SQM, 38 luxury units, ₦300M premium, 10% facilitator fee. Serious developers with capacity and track record only.

Adeleke Adedoyin, Off Kofo Abayomi Road, Ikoyi, Lagos
2600 sqm
Ac Valour International
Featured
₦5,000,000 per sq.m

Land for sale

Land Measuring 500SQM

CWL1454 Land Measuring 500sqm in Banana island Location: Banana Island Size: 500sqm Title: Federal Certificate of Occupancy (Fed C of O) Price: ₦5 Million per sqm Luxury Investment Land in Banana Island Own a premium piece of real estate in the exclusive and prestigious Banana Island. This 500sqm plot offers a rare opportunity for luxury residential development or high-value investment in one of Lagos' most elite waterfront communities. Known for its upscale environment, world-class infrastructure, and high-profile residents, Banana Island remains one of the most desirable luxury real estate destinations in Nigeria. Property Features 500sqm prime plot Secure Federal C of O title Located in a prestigious and secure neighborhood Ideal for luxury residential development Excellent accessibility and road network High appreciation and investment value Serene and upscale environment Why Invest in Banana Island? Banana Island is synonymous with luxury living, exclusivity, and premium real estate. The area attracts high-net-worth individuals, investors, and developers due to its exceptional infrastructure, security, and consistent property value growth. For more Information, Pricing and Private Viewings Please Contact: Emmanuel: +234 908 807 2106 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
Featured
₦3,500,000

Land for sale

Lands Measuring 1000SQM and 2000SQM

CWL1399 Lands measuring 1000sqm and 2000sqm- Ikoyi Ikoyi An exceptional opportunity to acquire empty land within the original mixed-use layout of Banana Island --- one of Nigeria's most prestigious and secure addresses. Suitable for luxury residential, high-end apartments, or mixed-use commercial development. Available Sizes 2,000sqm 1,000sqm (Located within the original Banana Island mixed-use zone) Title Federal Certificate of Occupancy (C of O) Price ₦3,500,000 per sqm a rare offering in a tightly held market with strong capital appreciation and high development value. For more Information, Pricing and Private Viewings Please Contact: Emmanuel: +234 908 807 2106 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

Ikoyi, Lagos
1000 sqm
C W Real Estate
Land Measured Approximately 500SQM — 3rd Avenue, Banana Island, Ikoyi, Lagos
Featured
1
₦4,500,000 per sq.m

Residential land for sale

Land Measured Approximately 500SQM

Welcome to Prestigious Banana Island Estate Ikoyi Lagos. The plot spans 500 square meters, showcasing a flat, clean topography which ensures optimal utilization of space and encourages flexible architectural designs. This is tailored to meet the highest standards of infrastructure and aesthetics, making it an ideal choice for those seeking a blend of luxury, convenience, and value. Estate Agency & Properties Marketing Real Estate Development & Advisory Homes & Building Solutions.For Enquirers & Inspection. 24 hours Telephone line: Call / WhatsApp: Adekunle 08035971999} Dunovella Properties Limited

3rd Avenue, Banana Island, Ikoyi, Lagos
500 sqm
Dunovella Nig Limited
Waterfront Land Measuring 1000SQM — Banana Island Estate, Banana Island, Ikoyi, Lagos
Featured
12
₦3,700,000 per sq.m

Residential land for sale

Waterfront Land Measuring 1000SQM

Land measuring 1000sqm 312 road Federal C of O Banana island estate Price: N3.7m per sqm

Banana Island Estate, Banana Island, Ikoyi, Lagos
Kmoyo Empire
500 SQM Land - Front Plot — Banana Island, Ikoyi, Lagos
Featured
1
₦4,500,000 per sq.m

Residential land for sale

500 SQM Land - Front Plot

Ref: VI - nse - 8 Description:500 Sqm Land - Front Plot Title: Federal C of O Location: Banana Island, Ikoyi Lagos. Purpose: Residential Use Price: 4.5m Per SQM Brokerage: 5% For More Information, Kindly Call/WhatsApp: Phone: 08180295362, 08035703715

Banana Island, Ikoyi, Lagos
500 sqm
No SQM Escapes
2, 025M² Land — Banana Island, Ikoyi, Lagos
Featured
5
₦5,000,000 per sq.m

Residential land for sale

2, 025M² Land

2,025m² Undeveloped Land 313 Close, Banana island Fed.C of O & Consent N5m/m²

Banana Island, Ikoyi, Lagos
2025 sqm
D&D Properties
Corner Piece of Land — Banana Island, Ikoyi, Lagos
Featured
4
₦3,800,000 per sq.m

Mixed-use land for sale

Corner Piece of Land

Dry Corner piece Land For Sale in Banana Island. Option 1: 1000 sqm Price: 3.8M Per square meter Area: Mixed Used Title: C of O Option 2: 2000 sqm - Corner piece (Can be shared by 2 buyers) Price: 4.5M Per square meter Area: Residential Title: CofO Other options and size also available

Banana Island, Ikoyi, Lagos
1000 sqm
D&D Properties
Waterview Land — Banana Island, Ikoyi, Lagos
Featured
12
₦3,800,000,000

Mixed-use land for sale

Waterview Land

Waterview land for sale: banana island 1000sqm empty land located banana island Fed. C of o & consent price: ₦3. 8m / m² Contact:

Banana Island, Ikoyi, Lagos
1000 sqm
Realtor
Residential 1000SQM Front Plot (Dealing with Mandate) — Banana Island, Ikoyi, Lagos
Featured
1
₦3,900,000,000

Land for sale

Residential 1000SQM Front Plot (Dealing with Mandate)

Direct to Mandate brief a ready to build 1000sqm residential plot within Banana Island estate is available for sale. This is an inspected & verified brief. Title: Lagos C of O Price: #3.9m per sqm #E.Q

Banana Island, Ikoyi, Lagos
1000 sqm
Arewá-Oluwa Properties
Prime 1,000 SQM Land — Banana Island, Ikoyi, Lagos
Featured
1
₦3,700,000 per sq.m

Residential land for sale

Prime 1,000 SQM Land

Prime 1,000 SQM Land Own a piece of luxury in one of Lagos' most prestigious addresses. Location: Banana Island, Ikoyi, Lagos, Nigeria Size: 1,000 sqm Price: ₦3,700,000 per sqm Title: Federal C of O Situated in an elite, fully serviced environment, Banana Island offers unmatched exclusivity, excellent infrastructure, and strong capital appreciation. Ideal for a luxury residence or a high-yield investment in a prime, high-demand location. For enquiries and viewing, Forward a direct message or call WhatsApp: (+234) 08050706179, 09053588569, 08154029096 Office: Suite C3, yob shopping complex, Ologolo road, Lekki Peninsula II, Lagos, Nigeria Website: www.overhplusproperties.com

Banana Island, Ikoyi, Lagos
1000 sqm
Overhplus Properties Limited

Showing 141–160 of 403 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 403 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.