Nigeria Property Centre
Ikoyi, Lagos

Area Guide

Ikoyi

Ikoyi, Lagos area guide: key facts, lifestyle, shopping, schools and average real estate prices in Ikoyi.

Browse 15,621 listings in Ikoyi
Active listings 15,621 Available in Ikoyi
Median rent (flats) / yr ₦40M Median flat rent / yr
Median sale (flats) ₦900M Median flat for sale
Estate agents 1,116 Listing in Ikoyi

Ikoyi, which is part of the Eti-Osa Local Government Area, is one of Lagos' most expensive neighbourhoods. Ikoyi was separated from the surrounding areas during the colonial period and designated as the Government Reservation Area (GRA). 

The decision to separate Ikoyi was made in response to a rule enacted to ensure that Europeans' residential areas were separated from the natives who lived there. Until the early years of Nigeria's independence, this rule was in place. 

Following that, Ikoyi was developed as a residential cantonment for the British expatriate community. Ikoyi still has some of these massive colonial mansions built between 1900 and 1950. 

Ikoyi lies to the east of Lagos Island and to the north of Victoria Island.

Ikoyi, Lagos Area Guide
Ikoyi Credit: wiki

Table of contents

7 chapters

What's inside this guide

01 Interesting Facts You may be aware that Lagos was once the Nigerian government's capital, but did you know that between 1966 and 1991, Ikoyi served as the seat of the Federal Government of Nigeria? 02 Leisure and Shopping Awolowo Road is home to the majority of Ikoyi's shopping malls. A high street with upscale shops and boutiques, privately owned businesses, cyber cafes, and so on can be found here. 03 Popular Estates If you ask anyone in Lagos State to name a popular estate, Parkview Estate or Osborne Foreshore Estate will undoubtedly come up. Apart from being peaceful, these estates also have excellent security and infrastructure. 04 Day Life You can learn about Nigeria's history and meet and interact with knowledgeable artists and curators at the museum. The bullet-riddled car from Murtala Muhammed's assassination, ancient royal crowns, carved ivory, and sophisticated handcrafted artefacts from all over Nigeria are among the works on display at The National Museum, which is located on Onikan Road in Ikoyi. 05 Night Life Ikoyi is one of the most popular nightlife areas in Lagos, with clubs and bars catering to a wide variety of tastes and lifestyles. At night, Awolowo Road in Ikoyi has some of the city's best-known nightclubs. 06 Schools Aside from the corporate world and leisure pursuits, Ikoyi is home to a number of prestigious and well-known primary and secondary schools. These schools have excellent infrastructure and ambiance, as well as a track record of academic success. 07 Real Estate What it costs to live in Ikoyi today

INTERESTING FACTS

Interesting Facts

Interesting Facts
Ikoyi Federal Secretariat. Credit: The Guardian

You may be aware that Lagos was once the Nigerian government's capital, but did you know that between 1966 and 1991, Ikoyi served as the seat of the Federal Government of Nigeria? 

The Federal Secretariat was a massive 15-story building in Ikoyi before the country's federal capital was relocated to Abuja. The structure is currently abandoned and only a shadow of its former self. 

On the brighter side, the former governor of Lagos State, Senator Bola Tinubu and the richest woman in Nigeria, Folorunsho Alakija, to mention a few, have houses in Ikoyi. Folorunsho Alakija’s mansion in Ikoyi is reported to be Nigeria's most expensive home. Ikoyi is also one of the areas in Lagos with the most rainfall, with annual rainfall often exceeding 300 ccm. 

Furthermore, the Ikoyi Bridge, which connects Lekki Phase 1 and the Ikoyi district of Lagos, is a popular bridge that is frequently featured in Nollywood films when the most serene part of Lagos is desired. It's also one of the most popular places for people to go for a morning run. It is a cable-stayed bridge with a length of 1.36 kilometres.

LEISURE AND SHOPPING

Leisure and Shopping

Leisure and Shopping
Ikoyi Falomo Shopping Centre. Credit: dailypost.ng

Awolowo Road is home to the majority of Ikoyi's shopping malls. A high street with upscale shops and boutiques, privately owned businesses, cyber cafes, and so on can be found here.

After a week of hustling and bustling, it is imperative to take time for leisure and, on occasion, shopping. Ikoyi Shopping Mall, Falomo Shopping Centre, Pees Gallerian Shopping Mall, SPAR, and Glover Lifestyle Mall are some of the places to visit in Ikoyi.

A cafe, flower shop, beauty studio, and other shops can be found in the Ikoyi shopping mall. The Falomo Shopping Centre has local fashion, arts and crafts, restaurants, and other businesses.

POPULAR ESTATES

Popular Estates

Popular Estates
Ikoyi Parkview Estate. Credit: Parkview Residents Association

If you ask anyone in Lagos State to name a popular estate, Parkview Estate or Osborne Foreshore Estate will undoubtedly come up. Apart from being peaceful, these estates also have excellent security and infrastructure.

Parkview Estate is a posh Ikoyi neighbourhood. It is mostly residential and is bordered by Gerrard Road and Banana Island. Some private companies, however, have offices and guest houses on the estate. Parkview is a mixed-income community comprised of well-respected and upper-class residents. In Parkview, there are approximately 400 structures, with more under construction.

Osborne Foreshore Estate (phase 1) is a highbrow gated community located on Osborne Road in Ikoyi. It is one of Nigeria's most expensive places to live. The estate includes amenities such as paved roads, street lights, adequate drainage, and a public park. Non-residents are not allowed into the estate until they have been cleared at the gate by their host. The estate's houses are mostly duplexes, but there are also serviced apartment blocks on the grounds.

Abacha Estate and Dolphin Estate are two other estates in Ikoyi.

DAY LIFE

Day Life

Day Life
Nigerian National Museum. Credit: Dream Africa

Ikoyi is home to a slew of national and international corporations. Ikoyi marriage registry, NDLEA office, EFCC office, British American Tobacco, Google Nigeria, UN subsidiary offices, and others are among them.

The National Museum, which is located on Onikan Road in Ikoyi, is one of the country's most popular museums. Kenneth Murray, an English archaeologist, founded it.

You can learn about Nigeria's history and meet and interact with knowledgeable artists and curators at the museum. The bullet-riddled car from Murtala Muhammed's assassination, ancient royal crowns, carved ivory, and sophisticated handcrafted artefacts from all over Nigeria are among the works on display.

Art lovers can also visit galleries such as Omenka Gallery, Ogirikan Art Gallery, Thought Pyramid Art Centre, and The Studio.

Anyone interested in seeing a movie, passing the time, or simply having a good time can go to the Filmhouse Cinema in Ikoyi Osborne. And for those who enjoy going to outdoor movie theatres, De Picnic Master is the best option.

Chicken Republic, Ikoyi is the place to go if you're looking for a restaurant that serves delicious meals and snacks at a reasonable price. Their menu includes jollof rice, fried rice, chicken and chips, and more.

Another restaurant where you can eat healthy without breaking the bank is 'The Place'. They serve a wider variety of foods, including native cuisine. Da Vinci Restaurant serves excellent Italian cuisine on its own.

The Roots restaurant and bar, Zolene restaurant, Samantha bistro and grill, Glover's court suya spot, The Village Grille, The Yellow Gate, China Wok, Bukka Hut, and others are among the other restaurants.

Ikoyi is home to some of the most popular social and golf clubs in the city. Swimming, lawn tennis, table tennis, snooker, and a pool are just a few of the sports and relaxation options available at the Ikoyi Golf Club. The club's main amenities include bars and kitchens, a library, a gym, and a massage parlour.

Osborne Recreational Park, The Garden Ikoyi, Falomo Garden, and Dolphin Park are just a few of the parks in Ikoyi where you can get a taste of nature, go for a walk, meet new people, or even have a picnic.

For facials, scrubs, body treatments, and a nice massage in a calm environment, then you can choose to visit BMS Spa, Oasis Medspa, Kellystouch Spa, Priscillas's Pride Day Spa.

NIGHT LIFE

Night Life

Night Life
Lagos Jet Ski Riders. Credit: Tripadvisor

At night, Awolowo Road in Ikoyi is one of the busiest roads on the island. 

Even during the week, people can be found unwinding in Ikoyi's various clubs and bars. Lagos Jet Ski Riders, Cocoon, Club 57, The Creekside Lounge and Bar, and others are among these clubs and bars.

SCHOOLS

Schools

Schools
Lagos Preparatory School, Ikoyi. Credit: World orgs

Aside from the corporate world and leisure pursuits, Ikoyi is home to a number of prestigious and well-known primary and secondary schools. 

The Foreshore School, Meadow Hall School, Le Posh School, and Heritage House School are just a few of them. These schools have excellent infrastructure and ambiance, as well as a track record of academic success. 

If you are looking for Africa’s most highly accredited British school, it is the Lagos Preparatory School (LPS) in Ikoyi, which also has a secondary school. Bridge House College, Holy Child College, Lagos Brownsville College, Lagos Greenwood High School, St Gregory's School, Corona School, and other schools are among the others.

Real Estate

Real estate

Do you want to know how much it would cost to live in Ikoyi? Here are the average property prices in Ikoyi, Lagos.

Some available property in Ikoyi

3-Bedroom Apartment with BQ
Premium Verified Photos
25
$1,300,000

Flat / apartment for sale

3-Bedroom Apartment with BQ

3-bedroom apartment with BQ for sale banana island Banana Island, Ikoyi, Lagos Floor: 7th Floor Beautifully finished 3-bedroom apartment with BQ in an exclusive 15-unit total development. Features: - Spacious Sitting Room - Large Fitted Kitchen with Ovens - All En-Suite Bedrooms with Detailed Vanities - Quality Wardrobes & Luxury Finishing - Ultra-Modern Floor Finishing & pop Ceiling - Water Heaters & Heat Extractors - Imported Lighting Fixtures - Concierge - Swimming Pool - Gym Asking: $1.3M

1st Avenue, Banana Island, Ikoyi, Lagos Added yesterday
3 3 4 2
Wandy Homes and Apartments
6 Bedroom Detached Duplex with Private Elevator, BQ
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23
₦5,000,000,000

Detached duplex for sale

6 Bedroom Detached Duplex with Private Elevator, BQ

₦5,000,000,000 Ikoyi - 6 bed + pool, elevator, cinema An architectural masterpiece crafted for those who demand distinction. Nestled within one of Ikoyi's most prestigious residential enclaves, this exceptional 6-bedroom detached residence seamlessly blends contemporary elegance with functional luxury. Every detail has been thoughtfully curated to deliver an unparalleled living experience, from its commanding facade and expansive cantilevers to the premium finishes that define every corner of the home. Beyond its grand entrance lies a residence designed for elevated living, featuring a private elevator servicing all levels, soaring 2.7m doors, a breathtaking skylit staircase, and expansive living spaces that exude sophistication. Property Highlights: - 6 En-Suite Bedrooms - Private Elevator - Swimming Pool - Rooftop Terrace - Home Office / Study - Fully Fitted Wet & Dry Kitchens - Massive Skylight Stairway - Premium Bathrooms with Bathtubs - En-Suite Staff Quarters (BQ) - Premium Finishes Throughout - 5-Car Parking Space - Contemporary Architectural Design Location: Ikoyi, Lagos

Banana Island, Ikoyi, Lagos
6 6 7 8
Marketbooy of Lagos Realty Limited
Luxury 4 Bedroom Terrace with a Staff Room & Rooftop Terrace
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17
₦75,000,000

House for rent

Luxury 4 Bedroom Terrace with a Staff Room & Rooftop Terrace

Luxury 4-bedroom terrace with a staff room available to let within Old Ikoyi Features - Within a mini estate with access control - All ensuite - Fitted kitchen - Rooftop terrace - Swimming pool - Kid's play area

Old Ikoyi, Ikoyi, Lagos
4 4 5
Theo Halim Associates (Estate Surveyors & Valuers)
Lovely 4 Bedroom Apartment with a Pool, BQ, Elevator, with Smart Feature
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24
₦1,800,000,000

Flat / apartment for sale

Lovely 4 Bedroom Apartment with a Pool, BQ, Elevator, with Smart Feature

Property Features: -Spacious Living Areas -En-suite Bedrooms - Fully Fitted Kitchen -Ample Parking -Modern Interior Design Title: Governor's Consent & CofO ... videos available on request... Contact Michael for more details on Whatsapp: +234 7086775183

Ikoyi, Lagos
4 4 5 3
Buy&live
Luxury 4 Bedroom Maisonette with 2 BQS, Pool, Gym, Sauna, Elevator
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25
₦1,800,000,000

Flat / apartment for sale

Luxury 4 Bedroom Maisonette with 2 BQS, Pool, Gym, Sauna, Elevator

Luxury 4 Bedroom Maisonette with 2 BQs, Swimming Pool, Elevator, Sauna, Open Roof Terrace located in a serene neighborhood Location: Old Ikoyi, Ikoyi Price: 4 Bed with 2 BQs - N1.8 Billion Title Documents: Building Approval, Certificate of Occupancy, Governor's Consent Features: -Elevator -Swimming Pool -2 BQs -Cinema/Library Space -Open Roof Terrace -Fitted Kitchen with accessories -All rooms Ensuite -Modern pop Cieling -Water Heater -Heat Extractor -Excellent Finishing -Ample Parking spaces For more enquiries, contact Stephen Whatsapp: 08171969365 Phone: 08136522011, 09155232992 Email: [email protected] We currently have premium homes available for sale across some of Ikoyi, Victoria Island, Lekki Phase 1, Ikate, Salem, Ologolo, Jakande, Osapa London, Agungi, New Road, Chevron, Eleganza, Orchid, Ikota, VGC and Ajah's most sought-after locations, including: Ikoyi (Banana Island, Mojisola Onikoyi, Osborne Foreshore Estate, Parkview Estate, Dolphin Estate, Gerrard Road, Bourdillon Road, Alexander Avenue, Glover Road, Lugard Avenue, Copper Road, Moseley Road, Ojora Road, Aromire Road)

Old Ikoyi, Ikoyi, Lagos
4 4 5 3
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