There are 155 land for sale and rent in Old Ikoyi as of 27 Oct 2026, with an average price of ₦1.5B. 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.
1–20 of 155 properties
Residential land for sale
Small Plot for Sale: Old Ikoyi 700sqm land with Fed. C of O is available for sale. Location: Olu Holloway Close off 2nd Avenue Title: Fed. C of O Price: ₦3.5Bn
Residential land joint venture
Hot Deal! Joint Venture Development or Sale of Block of Apartments in Old Ikoyi, Lagos 4,756 SQM Federal C of O Title Land Value: ₦24 Billion Proposed: 25 Floors or 2 Blocks of 10 Floors Sharing: 60/40 Premium: ₦1.2 Billion Facilitator's Fee: 10% (Negotiable) Property & JV Overview Location: Old Ikoyi, Lagos -- one of the most prestigious and established residential districts in Nigeria. Land Size: 4,756 SQM. Title: Federal Certificate of Occupancy (C of O) -- a strong title verified through the Federal Ministry of Lands, Housing & Urban Development. Land Value: ₦24,000,000,000 (≈ ₦5.05 Million per SQM). Proposed Development: 25 Floors or 2 Blocks of 10 Floors (high-rise luxury apartments). Sharing Formula: 60/40 (landowner : developer -- to be confirmed during negotiation). Premium: ₦1,200,000,000 (payable upon JV contract signing). Facilitator's Fee: 10% of land value (negotiable). Status: Vacant land, ready for a landmark high-rise development. Also Open To: Sale of the block of apartments (post-development or as a pre-sale arrangement). Key Highlights Old Ikoyi Prestige Address: One of Lagos's most exclusive neighbourhoods -- home to embassies, top executives, and legacy families. Unmatched prestige and security. Federal C of O Title: Provides robust legal backing; verification through Federal channels is required but ensures strong ownership security. Massive Development Scale: 4,756 SQM allows for a landmark high-rise (25 floors) or twin 10-floor blocks -- significant unit yield and return potential. Clear Sharing Ratio: 60/40 split offers a balanced partnership structure, open for discussion based on final development cost. Premium Commitment: ₦1.2 Billion upfront at signing -- ensures a serious, well-capitalised developer. Negotiable Facilitator's Fee: 10% is standard but negotiable, offering flexibility in transaction structuring. Development Potential 25‑Floor Tower: Ultra‑luxury residential apartments with panoramic views, penthouses, and premium amenities. 2 × 10‑Floor Blocks: A phased or twin‑block development offering a mix of 2‑, 3‑, and 4‑bedroom apartments. Target Market: Ultra‑high‑net‑worth individuals, corporate executives, expatriates, and international investors. Amenities: Ground floor lobby, multi‑level parking, gym, pool, spa, rooftop lounge, 24/7 security, backup power, and water treatment. Location Benefits -- Old Ikoyi Prestige & Privacy: Quiet, tree‑lined streets, low density, and a mature, high‑value community. Proximity to Business Hubs: Minutes from Victoria Island, Ikoyi business district, and Lagos Island. Excellent Infrastructure: Well‑maintained roads, drainage, security, and access to top schools, hospitals, and clubs. High Demand, Limited Supply: New luxury developments in Old Ikoyi are rare -- ensuring strong pre‑sales and rental demand. Financial Structure Land Contribution Value: ₦24 Billion. Premium (Upfront): ₦1.2 Billion -- payable to landowner upon JV contract signing. Developer's Role: Provide 100% of construction financing, bank guarantee, project management, and sales/letting. Profit Sharing: 60% Landowner / 40% Developer (or as negotiated) -- after recovery of agreed development costs. Facilitator's Fee: 10% of land value (negotiable), typically paid from the landowner's share upon JV execution. Next Steps for Qualified Developers Interested developers must submit: 1. Letter of Intent (LOI) -- confirming interest and acceptance of the premium and sharing structure. 2. Company Profile -- with verifiable evidence of luxury high‑rise projects (15+ floors) 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 ₦30B--₦50B+). 4. Bank Guarantee -- ability to provide a performance guarantee as required. 5. Preliminary Concept Note -- initial design and timeline aligned with the 25‑floor or 2 × 10‑floor proposal. Due Diligence: Upon signing an nda and facilitator fee agreement, the facilitator will provide the Federal C of O, survey, and arrange a site inspection. Title verification to be conducted through the Federal Ministry of Lands (Abuja or Lagos office). Ideal Partner Profile: Top‑tier real estate development firm with a proven track record in ultra‑luxury high‑rises in prime Lagos locations. Strong financial capacity and access to construction finance. Experience with Federal C of O properties is advantageous. Old Ikoyi JV -- 4,756 SQM, Federal C of O, ₦24B land value, 60/40 sharing, ₦1.2B premium. Serious, qualified developers only -- with proof of funds and luxury track record.
Residential land for sale
*Verified 1,000 Sqms With a 6-Bedroom Detached House + 4 Bedroom BQ For Sale in Ikoyi *Location: Jabita Close, Ikoyi 6-Bedroom detached house Guest Chalet & 4-Bedroom boysquater on 1,090sqm on Jabita Close, Ikoyi. *Title: Lasg CofO *Price: N4.5m/sqm (net; non negotiable) *Note: vacant
Residential land for sale
*3,150SQMS on lugard avenue, ikoyi for sale a plot of land measuring 3,150sqms along Lugard Avenue, Ikoyi C Of O N3.8m per sqm Updated: 23-10-2026
Residential land for sale
Cheapest Old Ikoyi Land For Sale 2,000Sqm corner piece on Cameron Price: 3.6M Per Square Metre Title: CofO
Residential land for sale
Land For Sale: Old Ikoyi Land size: 550sqm Title: Lagos C of O Location: Cameron Close, off 2nd Avenue Only a single dwelling home is allowed. Price: ₦5m / m²
Residential land for sale
Land for sale Old ikoyi lagos: Land measuring 4300 sqm with CofO in a very strategic location @ N19.350B
Residential land for sale
for Sale in Old Ikoyi 700sqm land with Fed. C of O is available for sale. Location: Olu Holloway Close off 2nd Avenue Title: Fed. C of O Price: ₦3.5Bn Contact 09072548408
Residential land for sale
Land For Sale: Old Ikoyi Land size: 550sqm Title: Lagos C of O Location: Cameron Close, off 2nd Avenue Only a single dwelling home is allowed. Price: ₦5m / m² Contact 09072548408
Residential land for sale
Land for sale in old ikoyi 7000Sqm bareland at mobolaji Johnson, old ikoyi is up for sale in the heart of ikoyi. Price - 4m Per Sqm Tittle - Federal CofO For more details, pls contact; Oakland Realtors 08155952653, 08168808462
Residential land for sale
Small Plot for Sale : Old Ikoyi 593m² drive-way plot at Adeyemi Lawson, Old Ikoyi suitable to build A block of semidetached houses, apartments or detached house. Title: Lagos Land Certificate Price: ₦2.8B Contact: 0809 499 0098 0902 222 0601
Residential land joint venture
Joint Venture: Kingsway Close Landsize: 2,021m² Title: Fed. C of O Value: ₦4.5m per m² Owner wants a Highrise development of luxury apartments. - Premium: ₦1Bn - Sharing: 60:40 in favour of the developer - Brokers fee: 10%
Residential land joint venture
Joint Venture: Old Ikoyi Land size: 4,145m² Title: Lagos CofO Location: Cameron Road / Alfred Rewane Value: ₦5m per m² Proposal: Apartment Mix, Flats and Maisonettes Type: 10 Floors above Premium: No premium Sharing: Equal Brokers Fee: 10%
Residential land joint venture
JV @ gerrard ikoyi Land Size: 2,929sqm *(With Structure to demolished) Land Value: 4.5m/sqm Proposal: 20 floors Residential Building or Good proposal from developer Premium: TBD, Because the property is tenanted with annual return as Premium. The Landowner is looking at a premium covering the rental value for the construction duration. Sharing Formula: 70/30 in favor of developer. Facilitator fees: 10% Title: Fed CofO procedure: Inspection first before the survey plan loi 10% FF NET(separately) Company Profile
Residential land for sale
Quick Sale of Residential Land Directly on Bourdillion Road. Location: Directly on Bourdillon Road, Ikoyi, Lagos Size: 1740.202 sqm Price: N4.6 Million per sqm Title: Lagos State C of O
Residential land for sale
For sale 375sqm plot of land (with structure) for sale in Norman Williams off Awolowo Road, Ikoyi South West N950m asking
Residential land for sale
Juicy offer in old Ikoyi 1,900SQM on Reeve Road off Glover Road Ikoyi. For sale. Title: C of O / Gov Consent. Price: 4.5/SQM. Fantastic location.
Residential land for sale
12,000sqm plot with infrastructures on it for sale within a high profile area. Price... #4.5m per sqm Title... C of O This is a direct brief to Mandate, Closeable with a serious client. #Osas
Residential land for sale
Cameron, Old Ikoyi 2600sqm land with structures on Cameron, Old Ikoyi Title: Federal CofO Price: N5. 5M per sqm
Residential land for sale
For sale Land measuring 1900sqm Location: Reeve Road, Ikoyi Price: N4.5M/Sqm Title: Fed C of O
Showing 1–20 of 155 properties
The average price of residential land in Old Ikoyi, Ikoyi, Lagos is ₦1,500,000,000.
Most residential land in Old Ikoyi, Ikoyi, Lagos are priced between ₦4,200,000 and ₦3,500,000,000.
Prices for residential land in Old Ikoyi, Ikoyi, Lagos go up to around ₦30,000,000,000.
Prices for residential land in Old Ikoyi, Ikoyi, Lagos start from around ₦2,500,000.
There are 155 available residential land in Old Ikoyi, Ikoyi, Lagos. You can view and filter the list of property by price, furnishing and recency.
