There are 18 commercial property for rent in Lagos as of 22 Aug 2026, with an average price of ₦95M. 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.
Luxury Furnished 18 Rooms Hotel with Premium Finishing
18-Room Premium Furnished Hotel Available for Lease -- immediately After VGC Prime Hospitality Investment Opportunity An exceptional 18-room fully furnished hotel strategically located immediately after VGC, heading towards Ajah, Lagos, is now available for lease. The property features premium finishing, tastefully furnished rooms, a snooker area, and a well-designed bush bar, creating an attractive environment for accommodation, relaxation, and entertainment. Key Features - 18 fully furnished rooms - Premium finishing throughout - Snooker/games area - Bush bar - Strategic location immediately after VGC, heading towards Ajah - Ideal for hotel, hospitality, and leisure operations - Excellent commercial potential - Ready for immediate operation a well-positioned hospitality property offering comfort, entertainment, and strong business potential. For lease terms, inspection, and further details, contact BGM Realty.
Ilaje, Ajah, Lagos
18 beds
25 baths
25 toilets
50 Parking
Best Grand Masters Realty
Premium
10Video
₦20,000,000/yr
Hotel / guest house for rent
22 Room Furnished Hotel / Guest House
Watch video above Hotel For Lease --- 22‑Room Furnished Hotel/Guesthouse with Restaurant & Bar --- Igando‑Isheri Road (Near Hotel & Odo Eran Bus Stops) Price: ₦20,000,000 (Not Negotiable) per annum (VIDEO AVAILABLE) Overview: Rare investment opportunity to lease a furnished 22‑room hotel located on Igando‑Isheri Road, Akowonjo. The property is being offered as a going concern (turnkey hospitality business, flexible for an investor or operator. Key Details - Property type: Hotel / Hospitality asset - Rooms: 22 guest rooms -furnished - Additional assets: Restaurant & indoor bar; open‑air bar/entertainment area - Plant & equipment included: beds, fridges, air conditioners, furniture, fittings, kitchen equipment - Title / Documentation: Survey and Deed of Assignment (available for inspection) - Location: Igando‑Isheri Road, Akowonjo LG --- close to Hotel bus stop and Odo Eran bus stop - Price: ₦20,000,000 (Fixed) - Sale basis: As a going concern or as development land (buyer to confirm intended use) Property Features & Fit‑Out - 22 fully furnished rooms ready for immediate operation (inventory and room mix available on request) - Functional restaurant and indoor bar configured for hotel guests and external patrons - Open space bar/entertainment area suitable for events, social nights and extra F&B revenue - Commercial kitchen equipment and cold‑storage included - Air conditioning installed in guest rooms and key common areas - Secure compound with parking and ease of access for guests and deliveries - Location & Market Advantages - Prime roadside location on Igando‑Isheri axis --- high visibility and easy access for road users and inter‑community travellers - Close to major bus stops (Hotel & Odo Eran), increasing walk‑in traffic and patronage - Good catchment of business travellers, local tourists, contractors and commuter demand along the corridor - Proximity to residential estates, road networks and commercial activity supports steady occupancy and F&B patronage Business & Investment Appeal - Turnkey hospitality business --- immediate revenue potential with existing physical assets and operational fit‑out - Included equipment reduces capex for a new operator and accelerates time to trading Title, Documents & Due Diligence - Recommended buyer due diligence: - Verify Survey & Deed of Assignment at Land Registry - Confirm any outstanding rates, taxes or levies - Check business licences, health/fire safety certificates, and food service permits Price & Terms - Price: ₦20,000,000 (Twenty Million Naira) per annum - Price quoted for lease of property and includes fixtures/contents as listed; - Lessee to bear customary costs (legal fees, stamp duty, transfer fees) unless otherwise agreed Contact: Mr. Kola Adesina (EDBA) All detailed documentation and commercial discussions will be provided on a confidential basis and subject to a signed nda. Serious proposals only. How we work Tell us your needs (budget, location, size). Our team reviews your request and assigns a dedicated relationship manager. We only source conflict-free land and properties with clear titles. We conduct due diligence and arrange site visits. Viewings are by appointment only Finalize purchase, rental or lease with legal support. Please feel free to browse our other featured properties Ref: Blue Ivy
Olarewaju Ariyibi Crescent Off Isheri Road, Igando, Ikotun, Lagos
22 beds
22 baths
24 toilets
12 Parking
The Build Centre Properties
Premium
2
₦150,000,000/yr
Hotel / guest house for rent
19 Rooms Hotel with Bar
Hotel for lease 19 Rooms hotel with bar and swimming pool and parking space for 10 car in a serene environment of Ikeja GRA Rent: N150M per annum x 3 years payment in the first instance, renegotiation happens at the end of the first 3 years The hotel is renting as is. The hotel seats on 2,000sqm Land space Contact:O.O.S Property Consult On 08064386025, 08114712677
Ikeja GRA, Ikeja, Lagos
19 beds
19 baths
19 toilets
20 Parking
O.O.S Property Consult
Premium
9
₦100,000,000/yr
Hotel / guest house for rent
A Hotel with High Return on Investment Available
Hotel for lease!!! A hotel built with master stroke architectural ingenuity consisting of 13 regular rooms and 2 suites at Alausa, Ikeja, with this location? Your return on investment is quick, Facilities: 1. Ample parking lots 2. a reception 3. 2 double rooms (suites) and 16 single rooms with kitchenettes 4. a big bar 5. Swimming pool 6. Central kitchen Lease : N100,000,000.00 (One Hundred Million Naira) per annum( negotiatable )
Alausa, Ikeja, Lagos
Matt &matea Ventures
Featured
7
₦95,000,000/yr
Hotel / guest house for rent
Furnished Guest House
A guest house with 13 rooms for hotel. Location:lekki phase 1 rent:95m agency:10% caution:10% legal:10%
Lekki Phase 1, Lekki, Lagos
4 beds
4 baths
5 toilets
4 Parking
Banksome Global Realtors
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Featured
21
₦100,000,000/yr
Hotel / guest house for rent
A Purpose Built Hotel Comprising 40 Rooms and Mini Suites
A purpose built hotel comprising 39 Rooms and Mini Suites on four floors Additional Facilities: -Basement Conference Hall -Penthouse Management office -Fully furnished Restuarant -Fully Equipped Kitchen -CCTV -Meeting Room -Generators -Passenger Lift -Bar -Fully euipped Gym -Maintenance Room -Salon -Prepaired Meter -Dedicated Transformer -Fully furnished Rooms -vip Bar -Offices -Adequate parking space. Rent: 100 million per annum (negotiable) Lease Term: Minimum of 5 years
Onipanu Bus Stop, Onipanu, Shomolu, Lagos
38 beds
Bola Adebule and Co.
₦7,500,000/yr
Hotel / guest house for rent
Hotel of 19 Rooms in a Secured Environment, Video Availa
For Lease Hotel of 19 rooms "very big" is out for lease, situated at a secured and serene environment. Location: Jemi Alade Estate, Isheri Olofin Lagos state Price: #7.5m per annum "minimum of 2 years lease Though is open for negotiation for a very serious client. Attractions: Enough car park Quiet Environment 24/7 security Band a light Very close to the bus stop 25mins drive to Airport video available
A Three Star Hotel For Lease Location : Igando Ibeju Lekki Lagos 48 Total Rooms 16 Rooms unfurnished 32 well furnished Rooms Standard swimming pool a very spacious Bar a standard Kitchen An event Hall suitable for karaoke Pent House Solar inverter installed thereby enhancing uninterrupted power supply Proximity to Express * Standard Restaurant lease terms Yearly rent : 28million Period : 5years Agency : 10% Agreement: 10% Total payment : #168million
Igando Orudu, Ibeju Lekki, Lagos
48 beds
Ironshore Property Development Company Limited
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1
₦25,000,000/yr
Hotel / guest house for rent
Luxury Ensuite 22 Rooms Hotel, Bar, and Club House
Hotel for lease!!! Features: 22 rooms, bar, and club house Location: Oko-oba Agege, Lagos Price: #25m per annum. (Negotiable) Lease duration 5 years payment.
Oko-Oba, Agege, Lagos
22 beds
Balogun Owolabi&co
2Video
₦120,000,000/yr
Hotel / guest house for rent
For Lease --15 Room Hotel with Bar & Swimming Pool
For lease --15 room hotel with bar & swimming pool in ikeja GRA a well-positioned and fully functional 15-room hotel located in the serene and highly sought-after environment of Ikeja GRA, Lagos, now available for lease. Property Features: 15 spacious and well-appointed guest rooms Fully operational bar/lounge area Swimming pool Ample parking space for up to 10 cars Located in a peaceful and secure environment Excellent accessibility and visibility * Ideal for hospitality and leisure business operations Rent: ₦120 Million per annum Lease Term: 3 Years Payment Required Interior pictures and additional details are available upon request. For inspections and enquiries, kindly contact us today. Highbrow Realty 07036335101,08164941485
Ikeja GRA, Ikeja, Lagos
15 beds
15 baths
16 toilets
13 Parking
Highbrow Realty
1
₦450,000,000/yr
Hotel / guest house for rent
32 Rooms Budget Hotel
32 rooms budget hotel Mini Swimming pool 2 units of standby generators for backup Conference hall Laundry Kitchen/Bar/Restaurant Two offices Great location Going concern For sale at N7b asking Or longterm lease at N500m asking per annum 3 years initial lease to be considered Location: Ikeja GRA Lad size : 2000sqm Outright sale: 6.5Billion Vol 21 20
Joel Ogunnaike, Ikeja GRA, Ikeja, Lagos
32 beds
32 baths
32 toilets
32 Parking
Crestforesight Homes & Properties LTD
3
$4,000,000/yr
Hotel / guest house for rent
15 Floors, 160 Luxury En-Suite Rooms
Landmark 15-floor hotel in Ikoyi's most prestigious waterfront district, offering 160 luxury en-suite rooms. 80% completed and positioned15 floors, 160 luxury en-suite rooms Views: Majority of rooms face the waterfront15 floors, 160 luxury en-suite rooms Views: Majority of rooms face the waterfrontLandmark 15-floor hotel in Ikoyi's most prestigious waterfront district, offering 160 luxury en-suite rooms. 80% completed and positionedFOR sale or lease: Luxury High-Rise Hotel --Old Ikoyi Lagos (80% Complete)* Quick Summary Landmark 15-floor hotel in Ikoyi's most prestigious waterfront district, offering 160 luxury en-suite rooms. 80% completed and positioned for premium returns. Property Highlights Scale: 15 floors, 160 luxury en-suite rooms Views: Majority of rooms face the waterfront Location: Prime spot in Old Ikoyi Key Features Access & Parking: Grand entrance with drop-off zone. 2-level parking for ∼100 cars (underground + 2nd floor) Guest Experience: Expansive luxury lobby lounge, reception/concierge, café, business center area, elevator to all floors Interior: Curated art gallery space, elegant bathrooms with bathtubs *Price or Lease: Call *5% agency commission (buyer pays) *Serious buyers only -- high-ROI opportunity in one of Lagos' most prestigious areas. Bbvic
Old Ikoyi, Ikoyi, Lagos
Charis Estate
6
₦400,000,000/yr
Hotel / guest house for rent
32 Functinal Guest Rooms, Standby Generator with 24 Hours Power Supply
Hotel for sale @Joel Ogunnaike,Ikeja GRA, Lagos a well-established hospitality facility located in a serene and secure environment within Ikeja GRA, Lagos. The property is strategically positioned and closely tied to government and corporate concerns. Key Features: - 32 fully en-suite guest rooms - Standby generator with 24/7 power supply - Swimming pool - Fully equipped gym house - Spacious and serene surroundings - Located in a prime area of Ikeja GRA Land Size: 2,000 square metres Transaction Details: - Annual Rent: ₦500M This property presents a strong opportunity for investors or operators seeking a premium hotel asset in a high-demand government and business district. For more info call 08081182285
Ikeja GRA, Ikeja, Lagos
32 beds
Charis Estate
8
₦35,000,000/yr
Hotel / guest house for rent
Fully Furnished Hotel
For lease Type: Fully Furnished Hotel (18 Rooms) Location: Mobil Road Rent: ₦35,000,000 per annum Condition: Minimum payment of 2 years and above Solid investment opportunity in a prime location. Serious inquiries only.
Mobil Road, Ilaje, Ajah, Lagos
18 beds
18 baths
19 toilets
6 Parking
Trev Limited
20
₦450,000,000/yr
Hotel / guest house for rent
32 Rooms Hotel with Gym, Swimming Pool and Event Lounge
Hotel lease 32 rooms hotel with GYM, swimming pool and event lounge Location: Joel Ogunaike, GRA Ikeja, Lagos Event Lounge / Function Executive Summary An attractive, fully fitted 32‑room hotel in the prestigious GRA Ikeja precinct is available for long‑term lease. The property features guest rooms, a gym, a dedicated swimming pool, and a hotel lounge/function space --- ideal for boutique hotel operators, leisure brands, corporate hospitality groups, investor‑operators seeking immediate market entry in a high‑demand location. Investment & Operational Highlights - Prime GRA Ikeja location on Joel Ogunaike --- excellent accessibility and strong demand from corporate and leisure travellers. - Turnkey hotel operation: 32 guest rooms ready for immediate letting (subject to handover). - Amenities include gymnasium, outdoor/indoor swimming pool, and a dedicated hotel lounge/function space. - Attractive lease term suitable for brand operators seeking long‑term presence without capital acquisition. - Ideal for conversion to boutique lifestyle, business hotel, or premium short‑stay accommodation. Property Specifications & Facilities - Guest Rooms: 32 rooms (mix and sizing to be confirmed on inspection; typically combination of standard and executive rooms). - Leisure Facilities: Fully equipped gym; swimming pool with guest deck. - Events: Hotel lounge / function area available for private booking. - Food & Beverage: Onsite restaurant / breakfast service potential (confirm existing kitchen specification). - Back of House: Staff rooms/quarters, laundry, storage and service areas (subject to verification). - Parking: Onsite guest and staff parking (capacity to be confirmed). - Title & Compliance: Leasehold / landlord‑managed asset --- title and regulatory compliance documentation to be provided during due diligence. Location & Accessibility - Situated within GRA Ikeja --- a sought‑after, secure residential and commercial district with close proximity to corporate offices, government institutions, shopping centres and transport links. - Easy access to Allen Avenue, Obafemi Awolowo / Ogundana and the wider Ikeja business district. Revenue Potential & Use Cases - Core revenue streams: room nights, F&B, events/lounge hire, meetings and ancillary services. - Strong catchment: corporate travelers, event hosts, short‑stay tourists and visiting professionals. - Opportunity to increase adr and occupancy through active sales, corporate contracts and digital distribution channels. Lease terms annual rent: N450 Million Naira Minimum of 4 years rent payable in Advance - Lease Duration: 10 years and more - Interested parties should be financially pre‑qualified; proof of funds and operator credentials will be required. Contact: Highbrow Realty 08164941485
Ikeja GRA, Ikeja, Lagos
32 beds
22 baths
40 toilets
25 Parking
Highbrow Realty
2
₦130,000,000/yr
Hotel / guest house for rent
Furnished 16-Room Guesthouse
For lease -- furnished 16-room guesthouse - oniru-v.i, lagos Looking for a spacious and fully equipped property on the Island? This beautifully furnished 16-room fully Guesthouse is now available for lease in the prime Oniru neighborhood. Sitting on approximately 1,500sqm, the property comes fully furnished and ready for immediate use. Features include: - 16 spacious rooms - Quality furniture throughout - Standby generators for uninterrupted power - a clean, well-maintained swimming pool - Ample parking space for multiple vehicles - Secure and serene environment Lease Price: N130 Million Naira per annum Tenure: 3--5 years (payment required upfront) Located in a highly sought-after and secure area, this property offers excellent value and a ready-to-use setup for hospitality or residential use. _Terms and conditions apply._ #mryinka.
Oniru, Victoria Island (VI), Lagos
Ticino Group
5
₦130,000,000/yr
Hotel / guest house for rent
Furnished 16 Room Guest House + Swimming Pool
For long lease a Fully Furnished and Tastefully Finished 16 Bedrooms Guest House on approximately 1,500sqm land off Palace Road, Oniru It has the following features and Facilities; *Standby Generators *Swimming Pool *Well paved Premises with ample parking space *Serene and Secured area *Quality Furniture and equipment Rent : N130,000,000 per annum Minimum of three (3) Years Payment Upfront Agency fee--TBD Legal fee--TBD Caution Deposit--TBD contact toplift realtors on 08029763540 or 08078435528
Oniru, Victoria Island (VI), Lagos
16 beds
16 baths
17 toilets
20 Parking
Toplift Realtors
Showing 1–18 of 18 properties
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Area Guide
About Lagos, Nigeria
Lagos is a port and the most populous city in Nigeria. It is the second fastest-growing city in Africa and the seventh in the world. The population of Lagos according to the Lagos State Government, was 17.5 million. These figures are however disputed by the Nigerian Government and judged unreliable by the National Population Commission of Nigeria. The latest reports estimate the population at 21 million, making Lagos the largest city in Africa.
Lagos is a metropolitan area which originated on islands separated by creeks, such as Lagos Island, fringing the southwest mouth of Lagos Lagoon while protected from the Atlantic Ocean by long sand spits such as Bar Beach, which stretch up to 100 kilometres (62 miles) east and west of the mouth. From the beginning, Lagos has expanded on the mainland west of the lagoon and the conurbation, including Ikeja (which is the capital of Lagos) and Agege, now reaches more than 40 kilometres (25 miles) north-west of Lagos Island. Some suburbs include Ikorodu, Epe and Badagry, and more local councils have recently been created, bringing the total number of local governments in Lagos to 57.
FAQ
Frequently asked questions
The average price of furnished hotels / guest houses for rent in Lagos is ₦95,000,000 per annum.
The price of the most expensive furnished hotels / guest houses for rent in Lagos is ₦150,000,000 per annum.
The price of the cheapest furnished hotels / guest houses for rent in Lagos is ₦7,500,000 per annum.
There are 18 available furnished hotels / guest houses for rent in Lagos. You can view and filter the list of property by price, furnishing and recency.
