Nigeria Property Centre

Land in Ikoyi, Lagos

There are 1,676 land for sale and rent in Ikoyi as of 14 Sep 2026, with an average price of ₦4.5B. 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.

2000 SQM Bare Land — Ikoyi, Lagos
Premium
1
₦4,200,000 per sq.m

Residential land for sale

2000 SQM Bare Land

Ref: IK - nse -21 Description: 2,000 SQM Land - BareLand Title: Lagos C of O. Location: Ikoyi Price: N4.2m Per SQM Brokerage Fees Applies For More Information, Kindly Call/WhatsApp: Phone: 08180295362, 08035703715

Ikoyi, Lagos
No SQM Escapes
Premium
₦4,600,000 per sq.m

Residential land for sale

5, 300 SQM Waterfront Land with Structure & Jetty

Ref: IK - nse - 3 Description: 5,300 SQM Land - Waterfront - With Structure. Title: Lagos State C of O Location: Banana Island Ikoyi Purpose: Residential Price: 4.6m Per Sqm Brokerage: 5% For More Information, Kindly Call/WhatsApp: Phone: 08180295362, 08035703715

Banana Island, Ikoyi, Lagos
5300 sqm
No SQM Escapes
2,930 SQM Residential Land — Parkview Estate, Parkview, Ikoyi, Lagos
Premium
1
₦7,325,000,000

Residential land for sale

2,930 SQM Residential Land

A massive opportunity here available Now a serious buyer Parkview Estate, ikoyi --- land for sale 2,930 sqm of land in Parkview Estate, Ikoyi, situated in a non-flood-prone part of the estate. Land size: 2,930 sqm Price: ₦2.5M per sqm Asking price: ₦7.325B Suitable for a private residence, development or long-term investment. For further details or to arrange an inspection, send a DM.

Parkview Estate, Parkview, Ikoyi, Lagos
2930 sqm
Rosemond Hills Limited
Premium
₦3,300,000 per sq.m

Land for sale

Prime Residential 939SQM Land

CWL1641 Prime Residential 939sqm Land in Ikoyi Invest in a premium residential plot located in the prestigious Ikoyi. This 939sqm parcel comes with a Certificate of Occupancy (C of O) and offers an excellent opportunity to develop a luxury private residence or an upscale residential project in one of Lagos' most exclusive neighborhoods. Property Details Location: Osborne Phase 1, Ikoyi, Lagos Property Type: Residential Land Land Size: 939sqm Title: Certificate of Occupancy (C of O) Price: ₦3,300,000 per sqm (Asking) Property Highlights 939sqm Land Parcel Secure Certificate of Occupancy (C of O) Well-Planned Residential Community Excellent Road Network Easily Accessible Suitable Development Options Luxury Detached Residence Contemporary Mansion Boutique Residential Development High-End Investment Property Investment Highlights Prestigious Ikoyi Location Strong Capital Appreciation Potential Secure Title Documentation High Residential Demand Premium Long-Term Investment Ideal Buyer This property is ideal for luxury homebuyers, developers, and investors looking to build in one of Ikoyi's most prestigious and secure residential estates. Price ₦3,300,000 per sqm (Asking) Location Osborne Phase 1, Ikoyi, Lagos Land Size 939sqm for more information, pricing and private viewing Please Contact: Emmanuel: 09088072106 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
Premium
₦230,000 /mo

Commercial land for rent

6, 600SQM Land

CWL1645 This exceptional 6,600sqm land plot in Old Ikoyi, Lagos presents a rare leasehold investment opportunity in one of the city's most sought-after residential and commercial districts, available at ₦230,000 per square metre on flexible lease terms of 5--10 years with upfront payment. The substantial size and prime Old Ikoyi location make this land for lease ideal for corporate headquarters, residential development, institutional projects, commercial car lots, or recreational facilities-offering versatile development potential in a neighbourhood renowned for its prestige and accessibility. As a significant real estate asset in Old Ikoyi, Lagos, this 6,600sqm plot benefits from established infrastructure, proximity to key business hubs, and strong capital appreciation prospects, making it an attractive proposition for developers and institutional investors seeking long-term leasehold holdings. The transparent lease structure, combined with the property's strategic location and scale, positions this offering as a compelling alternative to land for sale in Old Ikoyi for investors prioritising operational flexibility over outright ownership. Contact us to arrange a comprehensive site visit and discuss customised lease terms for your development or corporate requirements. Property Features: - Corporate use - Residential development or Institutional project- - Car lot - Recreational- park Financial Details: - Price: ₦230,000 - Agency Fee: 10% gross lease value - Legal Fee: 10% gross lease value Old Ikoyi ₦230,000 for more information, pricing and private viewing Please Contact: Emmanuel: 09088072106 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

Old Ikoyi, Ikoyi, Lagos
C W Real Estate
Premium
₦3,700,000 per sq.m

Land for sale

Prime 1, 350SQM Land

CWL1768 An exceptional opportunity to acquire 1,350SQM of prime development land in Ikoyi, Lagos, one of the city's most prestigious and highly sought-after luxury real estate locations. The property is backed by a Federal Certificate of Occupancy (C of O) and offers strong potential for premium residential or other approved development. Property Details Property Type Prime Development Land Location Ikoyi, Lagos Land Size 1,350 SQM Price ₦3,700,000 Per SQM Total Asking Price ₦4,995,000,000 Title Federal Certificate of Occupancy (C of O) Property Specifications Prime location in Ikoyi 1,350SQM land area Federal C of O Excellent development potential Suitable for premium residential development, subject to applicable planning approvals Strategic location within one of Lagos' most exclusive neighbourhoods Investment Highlights Prime Ikoyi address Secure and verifiable title documentation Substantial land size for a premium development Strong potential for long-term capital appreciation Ideal for Developers, Investors, HNIs, and Institutional Buyers Excellent accessibility to major business districts, luxury retail, restaurants, schools, and lifestyle destinations This 1,350SQM prime land in Ikoyi presents a compelling opportunity for investors and developers seeking a substantial, well-titled development site in one of Lagos' most prestigious real estate markets. Asking Price ₦4,995,000,000 Price Per SQM ₦3,700,000 Land Size 1,350 SQM Title Federal Certificate of Occupancy (C of O) 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
Exquisite Residential Water Front 2300SQM Land — Banana Island, Ikoyi, Lagos
Premium
3
₦4,000,000 per sq.m

Residential land for sale

Exquisite Residential Water Front 2300SQM Land

Lovely waterfront 2300sqm land in the prestigious banana island estate. owner is readily available. Title: Fed C of O Price: N4m/sqm Total; N9.2B Agency fee: 5% If interested, Stephen Aims Real estate ltd +2348023146279

Banana Island, Ikoyi, Lagos
2300 sqm
Stephen Aims Real Estate LTD
2245SQM Bare Land — Banana Island, Ikoyi, Lagos
Premium
1
₦4,500 per sq.m

Residential land for sale

2245SQM Bare Land

Banana Island, Ikoyi, Lagos
Alvinacle Properties
Residential Land — Banana Island, Ikoyi, Lagos
Premium
1
₦4,000,000 per sq.m

Residential land for sale

Residential Land

Available land deals for sale Banana island ikoyi 1000sqm or 500Sqm 4M per SQM. 309 close

Banana Island, Ikoyi, Lagos
Alvinacle Properties
Premium
₦4,000,000 per sq.m

Residential land for sale

Plot of Land Measured 4132.697sq

A plot of land measured 4132sq at close 202, plot 12

Close 202, Plot 12., Banana Island, Ikoyi, Lagos
Dotline Realtors and Construction Limited
Residential Land — Banana Island, Ikoyi, Lagos
Premium
1
₦12,292,500,000

Residential land for sale

Residential 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: 2,235 m² Price: ₦5.5M per m²

Banana Island, Ikoyi, Lagos
2235 sqm
Healthy Living Topnotch Properties
Premium
₦1,500,000

Mixed-use land for sale

Prime Waterfront Land 4000SQM, 3,100SQM, and 2800SQM

Prime Waterfront 4000sqm, 3,100 sqm and 2800sqm Land on Acacia Drive, Osborne Phase 2, Ikoyi Price: @ ₦1.5m per sqm

On Acacia Drive, Osborne Phase 2, Ikoyi, Osborne, Ikoyi, Lagos
4000 sqm
R.W Properties & Consultant LTD
Premium
₦5,600,000 per sq.m

Mixed-use land for sale

5500SQM Water Front Land

5500sqm water front of land for sale in old ikoyi Location:Queens Drive Old Ikoyi Price:5.6m per square meter Title:Federal C of O Note: No splitting of the land/Partitioning

Queens Drive Old Ikoyi, Old Ikoyi, Ikoyi, Lagos
5500 sqm
R.W Properties & Consultant LTD
Premium
₦4,500,000 per sq.m

Mixed-use land for sale

1, 504SQM Land

A prime 1,504sqm redevelopment site comprising land with dilapidated structures. Location: Alexander Road, Ikoyi Land Size: 1,504sqm Title: Federal Certificate of Occupancy (99 Year Term from 2005) Price: ₦4,5m per sqm Ideal For: - Luxury Residential Development - High End Apartments - Corporate Residential Scheme - Mixed Use Redevelopment Paulwhite

Alexander Road, Old Ikoyi, Ikoyi, Lagos
1504 sqm
R.W Properties & Consultant LTD
Premium
₦4,900,000 per sq.m

Mixed-use land for sale

4000SQM and 2500SQM Land

For sale 4000sm and 2500sm Land on Bourdilon @ 4.9m per sm Obiwhite

Bourdilion Road, Old Ikoyi, Ikoyi, Lagos
4000 sqm
R.W Properties & Consultant LTD
3376.299SQM of Land Strictly for Residency Purpose — Ikoyi, Lagos
Premium
1
₦2,000,000

Commercial land joint venture

3376.299SQM of Land Strictly for Residency Purpose

Size: 3376.299Sqm Price: N2,000,000 per Sqm Title: Lagos State CofO Note: Strictly Residential, Outright Sale and No Joint Venture. Half (being 1,688.15sqm) can be sold. Location: Ikoyi coma#

Ikoyi, Lagos
3377 sqm
Emmy Properties
Premium
₦4,200,000 per sq.m

Residential land for sale

Prime Land on 1000 Square Meter

A residential land on 1000 square meter available for sale in a good serene environment

Ikoyi, Lagos
Heavensent Properties
Bare Land Ideal for High Rise Apartments — Bourdillion Road, Ikoyi, Lagos
Premium
1
₦11,406,455,000

Mixed-use land joint venture

Bare Land Ideal for High Rise Apartments

Bourdillon Road, Ikoyi. Joint Venture. 2,281.291 SQM. Federal C of O. Survey Available. 20-Floor Luxury Residential Development. 34 Units. Premium ₦1.4B. Same Road, Same Pattern as Its Sibling Listing: Priced Above Every Comparable Found for This Exact Size. The problem There's a category of Bourdillon Road JV land where 2,281sqm parcels --- a specific, common size on this exact road --- get quoted at meaningfully different land values and premiums depending on which facilitator is representing the deal, even when the title, location, and general terms are functionally identical. This is precisely that pattern. Multiple independently listed 2,281sqm parcels on Bourdillon Road, all Federal C of O, show land values clustering at ₦4.5 million per sqm with premiums between ₦1.1 billion and ₦1.3 billion. This listing states ₦11,406,455,000 total, which works out to exactly ₦5,000,000 per sqm, plus a ₦1.4 billion premium on top --- above every comparable found at this exact size and address. The agitation Here's the direct comparison, and it echoes almost precisely what shows up on the larger 4,417sqm parcel on this same road. A 2,281sqm Bourdillon Road parcel, Federal C of O, is listed at ₦4.5 million per sqm with a ₦1.1 billion premium and a 60/40 developer-favored sharing split. A separate 2,281sqm Bourdillon Road parcel, same title, is listed at ₦4.5 million per sqm with a ₦1.3 billion premium instead. A distress-sale 2,281sqm Bourdillon parcel, also Federal C of O, is priced at ₦5,000,000 per sqm net --- but is explicitly marked as a motivated below-market sale, not a standard asking rate. A separately described "Elim/Alfred" JV parcel matching this exact size (2,281m²) and title also confirms a ₦4.5 million per sqm land value as the standard rate quoted for this specific parcel elsewhere. This listing's implied ₦5,000,000/sqm matches only the distress-sale outlier --- a price point that exists specifically because that seller needed to move fast, not because it reflects the going rate for a standard, non-distressed Bourdillon Road JV. Layer on the ₦1.4 billion premium, which is the highest premium figure found among the standard (non-distress) comparables at this exact size, and the total cost basis here sits meaningfully above what a developer would pay by anchoring to the ₦4.5M/sqm plus ₦1.1B--₦1.3B premium cluster that multiple other facilitators are quoting for what appears to be the same or a functionally identical parcel. This matters directly to the equity split. The stated sharing here is landowner 38% (13 units) to developer 62% (21 units) --- already a slightly less developer-favorable split than the 60/40 comparable found elsewhere on the same road. Combined with the elevated land value and premium, a developer proposing terms here without first anchoring to the documented ₦4.5M/sqm rate risks giving away meaningfully more equity value than the land itself justifies. The solution 2,281.291 square metres, Bourdillon Road, Ikoyi. Federal Certificate of Occupancy. Survey available. Stated land value implying ₦5,000,000/sqm. Premium: ₦1.4 billion. Development: 20-floor luxury residential development, 34 units. Sharing: Landowner 38% (13 units), Developer 62% (21 units). Developer funds 100% of construction and execution costs. Amenities: swimming pool, gym, padel courts, residents' lounge, kids' playground. Preferred contractors: El-Alan or Cappa & D'Alberto. Timeline: 36 months. Proof of funds required. Here is what's genuinely verified and what a developer should negotiate before signing anything: Verified: Federal Certificate of Occupancy. The strongest individual title instrument available under Nigerian land law, consistent across every comparable Bourdillon parcel found. Verified: address and amenity package. Bourdillon Road remains one of Ikoyi's most established addresses, and the stated amenity list --- pool, gym, padel courts, residents' lounge, kids' playground --- is a genuinely complete package for a 34-unit residential tower. Needs negotiation: land value. Multiple comparable 2,281sqm Bourdillon Road parcels, same title, are quoted at ₦4.5 million per sqm --- a developer has clear, documented grounds to negotiate this parcel's implied ₦5,000,000/sqm down toward that established rate. Needs negotiation: the ₦1.4B premium. This exceeds the ₦1.1B--₦1.3B premium range found on directly comparable 2,281sqm Bourdillon parcels --- treat it as a starting position, not a fixed figure. Needs negotiation: the 38/62 sharing split. A comparable 2,281sqm Bourdillon parcel offers a 40/60 split in the developer's favor --- two percentage points better than what's proposed here, which compounds with the elevated land value and premium to meaningfully affect total project economics. Why this beats going in without asking. A developer who raises the documented ₦4.5M/sqm rate, the ₦1.1B--₦1.3B premium range, and the 60/40 split precedent found on comparable Bourdillon Road parcels is negotiating from genuine market evidence, not guesswork --- and stands to materially improve the deal's economics before committing proof of funds. The call to action 2,281.291sqm. Bourdillon Road, Ikoyi. Federal C of O. Implied ₦5,000,000/sqm plus ₦1.4B premium --- both above the documented range for comparable 2,281sqm parcels on the same road. Call or WhatsApp Smilebay Realties: +234 901 517 4801 and ask directly: can the land value and premium be negotiated toward the ₦4.5 million per sqm and ₦1.1B--₦1.3B premium range documented on comparable Bourdillon Road parcels of this same size? Serious developers only. Proof of funds required. Independent verification of land value and sharing terms strongly recommended before proposal. The address is already Bourdillon Road --- that part isn't in question. The title is already Federal C of O --- that part checks out. The number and the split are both above what's documented elsewhere on the same road, and both are worth negotiating before anything else. Land Type: Mixed-use Land --- Joint Venture Size: 2,281.291 sqm Stated Total Price: ₦11,406,455,000 (implies ₦5,000,000/sqm --- flagged as above comparable range) Premium: ₦1,400,000,000 (flagged as above comparable range) Title: Federal Certificate of Occupancy Survey: Available Development: 20-floor luxury residential development, 34 units Sharing: Landowner 38% (13 units) / Developer 62% (21 units) Developer Funding: 100% of construction and execution costs Amenities: Swimming pool, gym, padel courts, residents' lounge, kids' playground Preferred Contractors: El-Alan / Cappa & D'Alberto Timeline: 36 months Requirement: Proof of funds required Location: Bourdillon Road, Ikoyi, Lagos Market Comparable Context (Bourdillon Road, 2,281sqm-tier JV land): 2,281sqm, Bourdillon Road, Fed C of O --- ₦4,500,000/sqm + ₦1.1B premium, 60/40 split 2,281sqm, Bourdillon Road, Fed C of O --- ₦4,500,000/sqm + ₦1.3B premium 2,281m², Bourdillon Road, Fed C of O ("Elim/Alfred" listing) --- ₦4,500,000/sqm 2,281sqm, Bourdillon Road, Fed C of O, distress sale --- ₦5,000,000/sqm net (below-market motivated sale) This listing: 2,281.291sqm, Bourdillon Road --- implied ₦5,000,000/sqm + ₦1.4B premium, 38/62 split Posted: 5 September 2026 Listed by: Smilebay Realties Limited --- Ref: #365-859-6

Bourdillion Road, Ikoyi, Lagos
Smilebay Realties Limited
Premium
₦4,500,000,000

Residential land joint venture

4000SQM Residential Land

JV opportunity Location: Banana Island Road - Ikoyi Lagos Key Details: - Land size: 4,000 SQM - Land Value: ₦4.5m Per SQM - Proposal: Maisonette & apartments and a house - Facilitators' Fees: 10% - Sharing Ratio: TBD Note: Owner wants a building on the 1,000 SQM for himself and 3,000 SQM with block of flats/maisonette High-rise. Experience developer is a must with proof of funds

Banana Island Road, Ikoyi, Lagos
4000 sqm
M.B.B Property & Legal Services
Premium
₦18,000,000

Residential land joint venture

4,000 SQM Residential Land

JV opportunity Location: Banana Island Road - Ikoyi Lagos Key Details: - Land size: 4,000 SQM - Land Value: ₦4.5m Per SQM - Proposal: Maisonette & apartments - Facilitators' Fees: 10% - Sharing Ratio: TBD Note: Owner wants a building on the 1,000 SQM for himself and 3,000 SQM with block of flats/maisonette High-rise. Experience developer is a must with proof of funds Finpro2020WR

Banana Island Road, Ikoyi, Lagos
4000 sqm
Finepro Properties

Showing 121–140 of 1,676 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 Ikoyi, Lagos is ₦4,500,000,000.

The price of the most expensive land in Ikoyi, Lagos is ₦55,500,000,000.

The price of the cheapest land in Ikoyi, Lagos is ₦1,300,000.

There are 1,676 available land in Ikoyi, Lagos. You can view and filter the list of property by price, furnishing and recency.