Nigeria Property Centre

Residential Land in Ikoyi, Lagos

There are 609 land for sale and rent in Ikoyi as of 26 Aug 2026, with an average price of ₦4M. 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
₦1,470,000,000

Residential land for sale

Distress Vacant 1002SQM Land

For sale Distress Offers 1002sqm =#1.470B ️Parkview Estate Ikoyi Title: C of O This offer is valid for 3 working days . Good for endusers, developers & Investors . Direct Instructions Vol 23 19

Parkview, Ikoyi, Lagos
1002 sqm
Crestforesight Homes & Properties LTD
Premium
₦950,000,000

Residential land for sale

Distress Offer Vacant Land of 600SQM

For sale Distress Offers 600sqm =#950m ️Parkview Estate Ikoyi Title: C of O This offer is valid for 3 working days . Good for endusers, developers & Investors . Direct Instructions Vol 23 19

Parkview, Ikoyi, Lagos
600 sqm
Crestforesight Homes & Properties LTD
Premium
₦4,300,000 per sq.m

Residential land for sale

Residential Land

For sale Prime Land -- Ojora Street, Ikoyi, Lagos - Land Size: 1,500m² - Title: Federal Certificate of Occupancy (Fed. C of O) - Price: ₦4,300,000 per m² / ₦6 Billion (Net) Lezzif

Ojora Street, Ikoyi, Lagos
Rosemond Hills Limited
Premium
₦12,000,000,000

Residential land joint venture

3000 SQM Premium Land with Quick Returns on Investment

Joint venture @banana island ikoyi Size - 3000sqm Value: 12Billion Proposal: open Title :c of o Premium: Nil Fees: 10% Net. None negotiable.

Banana Island, Banana Island, Ikoyi, Lagos
3000 sqm
Ambuiltech Project & Services Ventures LTD
Premium
₦8,500,000,000

Residential land joint venture

1700 SQM Land

Banana island zero premium JV just out Land size:- 1,700sqm Residential zone. Land title:- lasg C of O Land value:- #8.5Billion (not negotiable). Proposal:- Proposal open, but must include one Detached house for the land owner Sharing ratio:- 50/50 (not negotiable) Agency fee:- 10% of total land value net. PLS note The Developer must have traceable completed projects in either Ikoyi, Victoria Island or Banana Island. No agent is permitted to write on behalf of the developer, all letters must be written on the company letter head papers of the developer and signed by him or his director The developer should also indicate in his loi the construction company he'll be engaging for this project. The agency fee's letter must come separately too. The developer should indicate in his loi that he's ready to include one Detached house in the compound for the land owner

Residential Zone, Banana Island, Banana Island, Ikoyi, Lagos
1700 sqm
Ambuiltech Project & Services Ventures LTD
Premium Partitioned Land — Osborne, Ikoyi, Lagos
Premium
7
₦2,700,000 per sq.m

Residential land for sale

Premium Partitioned Land

CWL1518 Premium Partitioned Land in Ikoyi An exceptional opportunity to acquire premium development plots within the prestigious Osborne Foreshore. These partitioned plots are ideal for luxury residential developments, boutique apartment projects, detached homes, or investment purposes in one of Lagos' most sought-after neighborhoods. Available Plots Plot a 775.495 m² Plot B 860.339 m² Plot C 900.001 m² Plot D 1,020.913 m² Price ₦2,700,000 per m² Title Federal Certificate of Occupancy (Federal C of O) Location Highlights Located within the exclusive Osborne Foreshore, offering: Premium Residential Address Excellent Road Network Secure and Well-Planned Environment Proximity to Business Districts Easy Access to Victoria Island and Lekki High-End Residential Community Development Potential Suitable for: Luxury Detached Homes High-End Terraces Premium Apartment Developments Serviced Residences Corporate Residential Projects Investment and Land Banking Investment Highlights Prime Ikoyi Location Federal C of O Title High Capital Appreciation Potential Strong Demand for Luxury Developments Flexible Plot Sizes Excellent Long-Term Investment Value For more Information, Pricing and Private Viewings Please Contact: Ebun: 07048089358 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

Osborne, Ikoyi, Lagos
774 sqm
C W Real Estate
Premium
₦4,000,000 per sq.m

Residential land for sale

2, 400 SQM Land

Ref: IK - nse - 1 Description: 2,400 SQM Land Title: Federal State C of O Location: Rumens Road, Ikoyi Purpose: Residential Price: 4m Per SQM Brokerage: 5% For More Information, Kindly Call/WhatsApp: Phone: 08180295362, 08035703715

Rumens Road, Ikoyi, Lagos
2400 sqm
No SQM Escapes
Waterfront Land Measuring 1000SQM in an Estate Is Available — Olusegun Aina Street, Parkview, Ikoyi, Lagos
Premium
5
₦2,500,000

Residential land for sale

Waterfront Land Measuring 1000SQM in an Estate Is Available

Waterfront land measuring 1000SQM within parkview estate just out for sale Land Size: 1000sqm Location: Olusegun Aina Street, Parkview Price: N2.500M Per Square Metre (two billion three hundred and fifty thousand naira) Title: Lagos State Certificate of Occupancy. Olajbatdangbe

Olusegun Aina Street, Parkview, Ikoyi, Lagos
1000 sqm
David Moren Property Services
Prime 1300 SQM Waterfront Plot — Awolowo Road, Ikoyi, Lagos
Premium
1
₦4,000,000 per sq.m

Residential land for sale

Prime 1300 SQM Waterfront Plot

Prime location, prime property Carcass house, waterfront Title registered Let's talk if you are cash ready

Awolowo Road, Ikoyi, Lagos
Vallecano Ventures
1600SQM Solid Dry Land — Old Ikoyi, Ikoyi, Lagos
Premium
8
₦2,700,000 per sq.m

Residential land for sale

1600SQM Solid Dry Land

Bank sales 1,600 SQM prime land* polo club road, ikoyi, lagos* One of the most coveted residential streets in Ikoyi --- minutes from Ikoyi Club 1938, Falomo & Victoria Island. Investment Details - Size: 1,600 sqm of dry, buildable land - Price: ₦2,700,000 per sqm net - Total: ₦4,320,000,000 - Title: Perfected Legal Mortgage - Transaction: Direct from Bank Why This Deal? Prestige location with proven capital appreciation. Clean title + bank sale = faster due diligence. Ideal for high-end residential development. Terms: Price is net & not negotiable. All fees to be borne by buyer. Documentation available to qualified purchasers only. Qaudr

Old Ikoyi, Ikoyi, Lagos
Gui Integrated Concept Limited
Plots of Land — Off 2nd Avenue, Banana Island, Ikoyi, Lagos
Premium
2
₦4,000,000,000

Residential land for sale

Plots of Land

We have different sizes, location with Lagos title 2nd avenue fed cfo 500ms to 5000ms Aug. 1280. July. 600. Geog 4m and 4,5m per

Off 2nd Avenue, Banana Island, Ikoyi, Lagos
Vallecano Ventures
Land Measuring 1, 364SQM — Lugard Avenue, Old Ikoyi, Ikoyi, Lagos
Premium
1
₦3,600,000 per sq.m

Residential land for sale

Land Measuring 1, 364SQM

*1,364 SQMS on lugard avenue, ikoyi for sale a plot of land measuring 1,364 sqms along Lugard Avenue, Ikoyi with Federal Govt. CofO and Minister's Consent N3.6m per sqm

Lugard Avenue, Old Ikoyi, Ikoyi, Lagos
Breathing Space.
1400 SQMS Land — Banana Island, Ikoyi, Lagos
Premium
1
₦6,500,000,000

Residential land joint venture

1400 SQMS Land

Banana Island, Ikoyi. 1,400 SQM. Joint Venture. ₦6,500,000,000 Land Value. ₦1,000,000,000 Premium. Federal Certificate of Occupancy. This Is Not a Home for a Renter to Buy. This Is the Plot a Developer Has Been Waiting For. The problem There is a category of Lagos real estate conversation that has nothing to do with escaping a landlord --- and this listing sits squarely inside it. Most JV opportunities marketed as "Banana Island" turn out to be undersized, poorly titled, or attached to a landowner whose sharing terms make the arithmetic unworkable before a single foundation is poured. Developers who have spent years circling this island for a genuine build slot know the actual bottleneck isn't capital. It's finding 1,400sqm, Federal C of O, on the island itself, from an owner who has already stated what they want built. This listing removes that bottleneck. The owner has already specified the outcome: a block of luxury flats, or luxury terrace houses with a penthouse. The title is Federal C of O --- the cleanest instrument available on this island. The land size is large enough to support a real development footprint, not a compressed one. The question isn't whether Banana Island is the correct address for a luxury residential development. It's whether this specific parcel, at this specific value, is the one worth committing construction capacity to before another developer does. The agitation Here is what the numbers on Banana Island JV land actually show right now. Recent comparable JV parcels on the island have valued land anywhere from roughly ₦850,000/sqm on older-dated listings up to ₦2.1M/sqm, ₦4M/sqm, and ₦5M/sqm on more recent 2026-dated JV offers --- a spread that reflects waterfront position, zoning, and how recently the parcel was valued. A 1,500sqm JV parcel currently listed elsewhere on the island values land at ₦5M/sqm for a total of ₦7.5B, proposing a mixed low-rise-to-penthouse structure comparable in ambition to what this owner is requesting. This listing --- 1,400sqm, ₦6.5B land value, ₦1B premium --- works out to approximately ₦4.64M per sqm before the premium is factored in. That places it inside the current Banana Island JV range, priced below the ₦5M/sqm comparable cited above, on a parcel large enough to support either of the two development formats the owner has already approved. The scarcity is not abstract. Banana Island's land supply for JV-ready parcels with Federal C of O --- as opposed to Lagos State C of O, or land still working through title perfection --- has been consistently limited, which is precisely why the JV structure exists at all: the owners holding this land are not selling it outright, and they are not releasing it to just any developer. Every month a qualified developer defers engaging this specific parcel, the risk isn't that the price falls. It's that another development partner with proof of capacity closes it first. The solution 1,400 square metres of residential land, Banana Island, Ikoyi. Federal Certificate of Occupancy. ₦6,500,000,000 land value. ₦1,000,000,000 premium. Owner-approved development path: a block of luxury flats, or luxury terrace houses with a penthouse. Here is what this parcel actually delivers to the developer who can close it: Federal Certificate of Occupancy. The strongest individual title instrument available under Nigerian land law, superior in registration standing to a Lagos State-issued C of O or a Deed of Assignment awaiting Governor's Consent. For a developer financing construction against this land, or presenting to institutional co-investors, a Federal C of O removes the single biggest source of delay and legal risk in a Lagos JV --- title uncertainty. 1,400sqm on Banana Island itself. Not an adjacent axis, not a "Banana Island-adjacent" address used loosely by other listings. This is land on the island the entire luxury Lagos market treats as the ceiling reference point --- the address every other Ikoyi and VI comparable gets measured against, not the reverse. Owner-defined development brief. The owner is not asking a developer to guess what will be approved. Luxury flats, or luxury terrace houses with a penthouse, are already the stated preference --- which shortens the negotiation phase considerably compared to a JV where design intent is still undefined. ₦6.5B land value against a market range of ₦4M--₦5M/sqm on comparable 2026 JV parcels. At approximately ₦4.64M/sqm, this parcel sits inside --- and below the top of --- the current range for genuine Banana Island JV land, before any premium negotiation. ₦1B premium. Disclosed upfront, not buried in a facilitator's fee structure discovered mid-negotiation. A developer evaluating this deal knows the full cost basis before committing time to due diligence. Why this beats the alternative JV parcels currently circulating. Several Banana Island JV listings on the market right now carry ambiguous or undisclosed premiums, Lagos State C of O rather than Federal, or land sizes too small to support anything beyond a compressed low-rise. This parcel discloses its premium, holds the stronger title, and sits at a size that supports a genuine luxury block or terrace-with-penthouse format --- the exact profile that has driven the strongest resale and rental yields on the island over the past several years. The call to action 1,400sqm. Banana Island, Ikoyi. Federal C of O. ₦6,500,000,000 land value. ₦1,000,000,000 premium. Development path: luxury flats or luxury terrace houses with penthouse. This is not an offer for a corporate professional looking to stop renting. This is a JV slot for a developer, construction firm, or family office with the capacity to execute a Banana Island-grade build and the documentation to prove it. Call the agent, or send your company profile for survey review, via Smilebay Realties: +234 901 517 4801. Serious developers only. Proof of construction capacity required before terms are discussed. The island doesn't release land like this often. The title is already Federal C of O. The brief is already written. The developer who closes it hasn't been decided yet. Land Type: Residential Land --- Joint Venture Size: 1,400 sqm Land Value: ₦6,500,000,000 Premium: ₦1,000,000,000 Title: Federal Certificate of Occupancy (C of O) Owner's Development Preference: Block of luxury flats, or luxury terrace houses with penthouse Security: Security/gateman Location: Banana Island, Ikoyi, Lagos NPC Comparable Context (Banana Island JV/land market, 2026): 1,500.23sqm JV parcel, Banana Island Estate --- ₦5,000,000/sqm (₦7.501B total) 2,300sqm JV parcel, Banana Island (mixed zone) --- ₦4,000,000/sqm + ₦300M premium 1,900sqm JV parcel, Banana Island (corner piece) --- ₦2,100,000/sqm This listing: 1,400sqm, Banana Island --- approx. ₦4,640,000/sqm + ₦1B premium Posted: 24 July 2026 Listed by: Smilebay Realties Limited --- Ref: #358-722-7

Banana Island, Ikoyi, Lagos
Smilebay Realties Limited
Premium
₦2,500,000 per sq.m

Residential land for sale

Premium Land 3, 944 SQM with Various Payment Means

Joint venture @ Ikoyi Land Size: 3944sqm Location: Ikoyi Land value: 2.5M/sqm Premium TBD Proposal: Open proposal with Government approved floors Title: Certificate of Occupancy (C of O) Agency Terms: 10% Agency fee For additional details, inquiries, and physical inspections, Call our hotline 07088065449 You can send us a quick mail to: [email protected] Take Advantage Today!

Ikoyi, Lagos
Future Homes Properties and Investment LTD
Waterfront 2245SQM Land and a House on It — Banana Island, Ikoyi, Lagos
Premium
4
$7,000,000

Residential land for sale

Waterfront 2245SQM Land and a House on It

Waterfront property measuring, 2245m² sqm and a building on it for sale. 314 Close Lagos & Fed. Title Asking Price: $7m

Banana Island, Ikoyi, Lagos
2245 sqm
D&D Properties
Premium
₦4,000,000

Residential land joint venture

Land

JV opportunity ikoyi Glover Road, Ikoyi 3900 sqm C of O ₦4m/sqm (no premium) Owner wants a competent developer that will complete am existing approved design. Land is already piled for 17 floor high-rise Survey available upon receipt of loi and Company Profile ️ Facilitator's Fee: 10% Straightforward JV with cooperative landowner Suitable for developers active in Ikoyi/VI with strong delivery track record. Requirements: - Letter of Intent (LOI) - Company Profile - Agency Letter - Proposal Send me a DM if this fits your pipeline. Retep Jv

Glover Road, Old Ikoyi, Ikoyi, Lagos
Rosemond Hills Limited
Prime 5300 SQM Waterfront Plot — Banana Island, Ikoyi, Lagos
Premium
1
₦4,700,000 per sq.m

Residential land for sale

Prime 5300 SQM Waterfront Plot

5300 sqm waterfront plot close to adenuga house 3rd avenue Fed cfo Serious buyer only

Banana Island, Ikoyi, Lagos
Vallecano Ventures
2025SQM Land — Banana Island, Ikoyi, Lagos
Premium
1
₦4,200,000 per sq.m

Residential land for sale

2025SQM Land

Exclusive sale once-in-a-lifetime corner piece 2025SQM close 313 banana island ₦4M - ₦4.2M/SQM dual C of O own africa's richest address Attention: Uhnw Investors & Elite Developers This is ,banana island. Stop chasing land. Own the street that defines wealth. Property Snapshot: - Location, Banana Island, Ikoyi, Lagos - Size: 2025 SQM Corner Piece - _Owner can sell entire or 1000SQM - - Title: Dual C of O - Federal & Lagos State. Bankable & Bulletproof - Price: ₦4M - ₦4.2M per SQM WHY this will BE gone in days: 1. Rarity: Corner pieces on Banana Island do not hit the market 2. Prestige: Your address alone commands 2x value. Status + Security + Waterfront views 3. Scale: Build 1 mega mansion or 6 ultra-luxury units. Rental demand is insane 4. Certainty: Dual C of O. No stories. No wahala. Just equity Opportunity of a decade. For serious buyers with Proof of Funds Only.

Banana Island, Ikoyi, Lagos
2025 sqm
5050properties
Massive Water-View Residential Land Measuring 5100 SQM — Parkview Estate, Parkview, Ikoyi, Lagos
Premium
5
₦1,500,000 per sq.m

Residential land for sale

Massive Water-View Residential Land Measuring 5100 SQM

Water-View Residential Land measuring 5100 sqm within Parkview Estate, Ikoyi, Lagos. Features include: Suitable for development of Residential Court of Terrace houses, detached and/or semi-detached duplexes, Block of Apartments, etc.; Low-traffic prone neighbourhood; Flood-free neighbourhood; etc. Sale Price is NGN1,500,000 (ONE million five hundred thousand NAIRA) per Square Meter. Title is Lagos State C of O. All pricing are as at 30TH july, 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.

Parkview Estate, Parkview, Ikoyi, Lagos
5100 sqm
First Colony Real Estate Company LTD
Land Measuring 1, 558SQM — Ojora Road, Old Ikoyi, Ikoyi, Lagos
Premium
1
₦4,300,000 per sq.m

Residential land for sale

Land Measuring 1, 558SQM

1,558sqm on ojora road, Old Ikoyi 4.3m per sqm Title:Lagos Cofo

Ojora Road, Old Ikoyi, Ikoyi, Lagos
1558 sqm
Breathing Space.

Showing 121–140 of 609 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 residential land in Ikoyi, Lagos is ₦4,000,000 per square meter.

The price of the most expensive residential land in Ikoyi, Lagos is ₦7,200,000 per square meter.

The price of the cheapest residential land in Ikoyi, Lagos is ₦1,200,000 per square meter.

There are 609 available residential land in Ikoyi, Lagos. You can view and filter the list of property by price, furnishing and recency.