Nigeria Property Centre

Mixed-use Land in Banana Island, Ikoyi, Lagos

There are 67 land for sale and rent in Banana Island as of 23 Aug 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.

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₦4,500,000 per sq.m

Mixed-use land for sale

600 &700SQM Mixed-Use Land Plots

For Sale in Banana Island Mixed used plots measuring approx 600sqm & 700sqm Price: N4.5m per sqm Title: FGN cofo

Banana Island, Ikoyi, Lagos
600 sqm
Chiritzhomes
Mixed Used Cornerpiece Plot Measuring Approx 1, 970SQM — Banana Island, Ikoyi, Lagos
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1
₦4,500,000 per sq.m

Mixed-use land for sale

Mixed Used Cornerpiece Plot Measuring Approx 1, 970SQM

For Sale in Banana Island Mixed used cornerpiece plot measuring approx 1,970sqm ideal for highrise development. Price: N4.5m per sqm Title: FGN cofo Dapo

Banana Island, Ikoyi, Lagos
1970 sqm
Flowtouch Properties
9000SQM Prime Land — Banana Island, Ikoyi, Lagos
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1
₦40,500,000,000

Mixed-use land for sale

9000SQM Prime Land

This is a fantastic opportunity to own land in banana island 9,000sqm up for sale located in 3rd Avenue Title - Federal Certificate of Occupancy It can be partitioned into two equal sized sections of 4,500sqm each

Banana Island, Ikoyi, Lagos
50 Parking 9000 sqm
Ashrow Property Services LTD
Prime Mixed-Use Land with Duplexes — Onikoyi Road, Banana Island, Ikoyi, Lagos
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16
₦4,500,000 per sq.m

Mixed-use land for sale

Prime Mixed-Use Land with Duplexes

This is a Mixed use prime property on 4500m2. All these are facing the main Onikoyi road near Banana Island, fully fenced and gated. Each square meter is N4.5M. We are ready for inspections and available to provide more details. Thanks

Onikoyi Road, Banana Island, Ikoyi, Lagos
4500 sqm
Zafiro Homes and Events
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₦4,500,000 per sq.m

Mixed-use land for sale

Mixed Use Land for High Rise Development Measuring 1, 970 Square Meters

Mixed use land ideal for high rise development measuring approximately 1,970 square meters location: banana island, ikoyi, lagos title: Federal c of o price: 4.5 million/sqm

Banana Island, Ikoyi, Lagos
1970 sqm
Pearlworth Investment Limited
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₦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
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₦4,200,000 per sq.m

Mixed-use land for sale

Fenced Waterfront Mixed-Use Land Measuring 3400SQM

Fenced waterfront mixed-use land measuring 3400sqm for sale in Banana Island, Lagos. Price: N4,200,000 per sqm

Banana Island, Ikoyi, Lagos
3400 sqm
F. a. Esan Consulting
900 SQMS Land — Banana Island, Ikoyi, Lagos
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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
Spacious Land — Banana Island, Ikoyi, Lagos
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1
₦4,500,000,000

Mixed-use land for sale

Spacious Land

*️land for sale*️ Waterfront land measuring 700sqm at Banana Island, (Residential area). Price - N4.5billion (asking) Title- Lagos C of O Land has a Jetty, Building Approval and Foundation Size 1906sqm Zone p (2nd avenue Title lag c of O Area residential Price 5m/sqm Size 1200sqm Zone G Title lag c of O Area residential Price 6m/sqm Size 1300sqm Zone E Title lag c of O Area residential Price 6m/sqm

Banana Island, Ikoyi, Lagos
Albacees Properties
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$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
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₦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
Direct Brief Land Size 1068 SQM Fenced & Gated — Banana Island, Ikoyi, Lagos
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6
₦95,000,000 /yr

Mixed-use land for rent

Direct Brief Land Size 1068 SQM Fenced & Gated

Direct brief Exclusive Land in a mix zone Estate of Ikoyi, Lagos for rent 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 are allowed based on landowner Approval) Inspection is based on a scheduled appointment

Banana Island, Ikoyi, Lagos
1068 sqm
Berkly Facilities Services Limited
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₦7,500,000

Mixed-use land joint venture

Land Measuring 1, 500.23 SQM

Exclusive JV opportunity -- banana island, ikoyi Prime Land for Luxury High-Rise Development Location: Banana Island Estate, Ikoyi -- Nigeria's most prestigious address Land Size: 1,500.23 SQM Land Value: ₦5M per SQM Total Land Value: ₦7.501 Billion Premium: Subject to Discussion Proposed Development: - Floors 1--2: Car Park - Floors 3--5: Block of Luxury Apartments - Floors 6--7: 4 Units of 4-Bedroom Maisonettes - Floor 8: 2 Units of Exclusive Penthouses - Open to additional design options JV Structure: - Sharing Formula: 50/50 - Facilitator's Fee: 10% Why This Deal Stands Out: - Rare JV slot in Elite Banana Island Estate - Perfect for luxury residential development with global buyer appeal - High demand for premium Ikoyi apartments = Strong roi Engagement Terms: Strictly for direct developers or valid mandates of developers only. Proof of capacity required. No brokers, no middlemen. Serious engagements only. awdsheb

Banana Island, Ikoyi, Lagos
1500 sqm
Awodd Properties LTD
Cornerpiece 900 SQM of Land — Banana Island, Ikoyi, Lagos
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1
₦5,000,000,000

Mixed-use land for sale

Cornerpiece 900 SQM of Land

Banana Island Plot for Sale 900 SQM Conerpiece Plot in the Mixed- Use Zone of Banana Island is available for sale. Price: 5B Title: Lagos Title SlvZ

Banana Island, Ikoyi, Lagos
360 Degree Properties LTD
2275SQM Waterfront Property — Banana Island Ikoyi, Banana Island, Ikoyi, Lagos
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6
₦4,500,000 per sq.m

Mixed-use land for sale

2275SQM Waterfront Property

Waterfront 2,275m² 309 Close Lagos & Fed. Title Price : ₦4.5m

Banana Island Ikoyi, Banana Island, Ikoyi, Lagos
2275 sqm
D&D Properties
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₦5,000,000,000

Mixed-use land joint venture

Reclamation Project: 511 Acres

Reclamation project at the following areas: Banana Island; 511 Acres Ikoyi-Itedo; 531 Acres Eleko; 7000 Acres Victoria Garden City; 3000 Acres Title Document: Supreme Court judgement (1914). *Bio/Roof WhatsApp number Vol 19 29

Banana Island, Ikoyi, Lagos
Crestforesight Homes & Properties LTD
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₦4,500,000 per sq.m

Mixed-use land for sale

2, 025 Square Meters

Banana island estate ikoyi close 313 2,025 square meters - Corner Piece Plot - Federal Title - Facing the Road N4.5mnet. Quiet and Fast Sale. Vol 19 43

Banana Island, Ikoyi, Lagos
2025 sqm
Crestforesight Homes & Properties LTD
Corner Piece of Land — Banana Island, Ikoyi, Lagos
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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
Water Front Piece of Land — Banana Island, Ikoyi, Lagos
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2
₦4,000,000 per sq.m

Mixed-use land for sale

Water Front Piece of Land

Dry Corner Piece of Land for Sale in Banana Island. Option 1: 4000sqm Price: 4M per square meter Area: Mixed Use 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 sizes also available

Banana Island, Ikoyi, Lagos
5000 sqm
Egcent Limited
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₦3,500,000 per sq.m

Mixed-use land for sale

Land Measuring 1, 005SQM

Quick Sale in Banana Island Reclaimed land measuring 1,005sqm Price: N3.5m per sqm Title: Federal CofO

Banana Island, Ikoyi, Lagos
Almart Properties Limited

Showing 1–20 of 67 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 mixed-use land in Banana Island, Ikoyi, Lagos is ₦4,500,000,000.

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

The price of the cheapest mixed-use land in Banana Island, Ikoyi, Lagos is ₦3,500,000.

There are 67 available mixed-use land in Banana Island, Ikoyi, Lagos. You can view and filter the list of property by price, furnishing and recency.