Nigeria Property Centre

Property for Rent in Banana Island, Ikoyi, Lagos

There are 1,382 flats, houses, land and commercial properties for rent in Banana Island as of 19 Aug 2026, with an average price of ₦55M. 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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661–681 of 1,382 properties for rent

Premium Plus Top promoted listing
3 Bedrooms Waterfront Apartments with BQ
25 photos
₦55,000,000 /yr

Flat / apartment for rent

3 Bedrooms Waterfront Apartments with BQ

Come experience our new 5Star apartment, boasting a spectacular waterfront view, furnished with the most exceptional & impressive interiors, located in the heart of Banana Island, A neighborhood that exudes opulence & grandeur off the foreshore of Ikoyi, Lagos, Rated by Forbes as one of the most expensive & exclusive residences in Africa, They say, "A picture is worth a thousand word" Wonder if these tell a story as we turn a new chapter in the business of luxury, You be the judge. 1year Rent - 55m Service Charge - 5m Agency - 10% Legal - 10% Caution - 5%

Banana Island, Ikoyi, Lagos
3 Beds 3 Baths 4 Toilets 2 Parking

Colmond Enterprise LTD

Well Finished 5 Bedroom Terrace Duplex — Banana Island, Ikoyi, Lagos
Featured
20
₦80,000,000 /yr

Terraced duplex for rent

Well Finished 5 Bedroom Terrace Duplex

For lease: Description: 5 Bedroom Terrace Apartment -- Banana Island, Ikoyi a well-finished 5-bedroom terrace apartment in one of Lagos's most exclusive and secure neighborhoods. Designed for convenient luxury living, this home offers premium facilities and the refined lifestyle Banana Island is known for. Property Features - 5 Bedrooms (all en-suite) - Swimming Pool - Fully Fitted Kitchen - Boys' Quarters (BQ) - Secure and Private Environment Rent: N80,000,000 per annum Service charge: N6 million deposit including diesel Agency: 10% Legal: 10% Caution: 5%

Banana Island, Ikoyi, Lagos
5 beds 5 baths 5 toilets
Starriest Global Properties
Ultra-Luxury 5 Bedroom Fully Detached Smart Home with Infinity Pool — Banana Island, Ikoyi, Lagos
Featured
17
₦150,000,000 /yr

Detached duplex for rent

Ultra-Luxury 5 Bedroom Fully Detached Smart Home with Infinity Pool

EC00266 Ultra-Luxury 5 Bedroom Fully Detached Smart Home with Infinity Pool, Elevator & Cinema - Banana Island - ₦150M Per Annum Experience world-class luxury in this exceptional fully detached residence situated within the prestigious Banana Island enclave. Designed for discerning executives, expatriates, and high-net-worth families, this smart home combines sophisticated architecture, premium amenities, and unmatched privacy in one of Africa's most exclusive residential communities. Location: Banana Island, Lagos Rent: ₦150,000,000 Per Annum Tentative Total Package: ₦195,000,000 Service Charge: ₦10,000,000 Per Annum Additional Charges: - Agency -- 10% - Legal -- 10% - Caution -- 10% Features, Facilities & Functionalities: - 5 En-Suite Bedrooms - 2-Room Boys' Quarters (BQ) - Private Elevator - Infinity Swimming Pool - Home Cinema - Dedicated Office Space - Smart Home Automation System - 2 Spacious Living Rooms - Fully Fitted Designer Kitchen - Premium Interior Finishes - Luxury Bathroom Fixtures - Contemporary Architectural Design - Ample Parking Space - Secure Residential Environment - Prestigious Neighborhood - Excellent Road Network Lifestyle & Investment Highlights: - Prime Banana Island Location - Prestigious Residential Address - Expatriate-Friendly Community - Ultra-Luxury Lifestyle Living - High-Security Environment - Smart Home Technology - Exclusive Waterfront District - Premium Estate Amenities - Exceptional Privacy & Prestige - One of Lagos' Most Coveted Addresses Neighbouring Landmarks: - Banana Island Waterfront - Bourdillon Road - Osborne Foreshore Estate - Ikoyi Club 1938 - Lagos Motor Boat Club - Victoria Island Business District For Enquiries & Private Inspection: Edmund Castle International Realty +234 802 268 9293 WhatsApp: +44 7917 905490 [email protected] Instagram: @edmundcastle.lagos @edmundcastle.london @edmundcastle.uae

Banana Island, Ikoyi, Lagos
5 beds 5 baths 5 toilets
Edmund Castle Properties
4 Bedroom Semi Detached Duplex — Banana Island, Ikoyi, Lagos
Featured
17
₦50,000,000 /yr

Semi-detached duplex for rent

4 Bedroom Semi Detached Duplex

A serviced four (4) bedroom maisonette with rooms boys quarter in ikoyi now available for letting Location: Banana island Ikoyi lagos Rent: N50 Million Naira Service charge: Not yet decided Caution fees: 10% Legal fees: 10% Agency fees: 10% 5HRS-10HRS inspection notice NO impromptu inspections *dm/call:

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets
New Adventure Limited
4 Bedroom Maisonette Penthouse — Banana Island, Ikoyi, Lagos
Featured
17
₦60,000,000 /yr

Terraced duplex for rent

4 Bedroom Maisonette Penthouse

For Lease* Description: 4 bedroom maisonette penthouse Location: Banana Island Road Rent: N60 million per annum Service charge: 5 million per annum ................................................................ For more enquiries and inspections, please call us on 09098586908 08090876670 Follow us on Instagram on Rosemond hills properties Facebook Rosemond hills limited

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 3 Parking
Rosemond Hills Limited
Brand New, Luxury 3-Bedroom Serviced Apartment with Premium Finishes — Banana Island, Ikoyi, Lagos
Featured
25
₦45,000,000 /yr

Flat / apartment for rent

Brand New, Luxury 3-Bedroom Serviced Apartment with Premium Finishes

Rent a brand new, luxury 3-bedroom apartment located on Banana Island Road, Ikoyi. The building is newly built and comes with a fast elevator. Main Features:3 Bedrooms: All rooms are big, have private bathrooms, and large wardrobes.4 Bathrooms: 3 private bathrooms for the rooms plus 1 guest toilet. Modern Kitchen: Fully fitted with a cooker, smoke extractor, and nice cabinets. Living Room: Very spacious with large sliding glass doors leading to a private balcony. Bathrooms: Modern walk-in glass showers and nice sinks. Parking: Dedicated parking spaces inside a gated compound. Rent: ₦ 45,000,000 per year

Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets
Odysseus West Africa Properties
Premium 5-Bedroom Fully Detached Duplex with 2-Room BQ — Banana Island, Ikoyi, Lagos
Featured
9
₦120,000,000 /yr

Detached duplex for rent

Premium 5-Bedroom Fully Detached Duplex with 2-Room BQ

Premium 5-bedroom fully detached duplex with 2-room BQ for rent in banana island, ikoyi, lagos Annual Rent: ₦120 Million Property Highlights: - Private Self Compound - Ample Parking Space - 2 Separate Service Quarters - Security House Neighbourhood Profile: - Prestigious address in the exclusive Banana Island, Ikoyi - Gated estate with strict access control and 24/7 security - Serene, low-density neighbourhood offering exceptional privacy - Minutes from top business districts including Ikoyi, Victoria Island, and Lekki via the Ikoyi Link Bridge - Close to premium schools, fine dining, waterfront leisure facilities, and other luxury lifestyle destinations Control your lifestyle and social capital through real estate. Have a specific property goal? Speak with us to discuss your specific requirements. Important note: Only direct clients or principal mandates are welcome. Kindly note that inquiries from third parties will not be responded to. With fortmichan, you control your capital with real estate

Banana Island, Ikoyi, Lagos
5 beds
Fortmichan Real Estate Services
Tastefully Built 5 Bedroom Semi Detached Duplex with BQ Communal Pool — Banana Island, Ikoyi, Lagos
Featured
11
₦80,000,000 /yr

Semi-detached duplex for rent

Tastefully Built 5 Bedroom Semi Detached Duplex with BQ Communal Pool

Tastefully Built 5 Bedroom Semi Detached + BQ + Communal Swimming Pool Banana island Road Rent: N80m Service charge: N3.9 Million Naira Power: N400 Niara per kilowatt Diesel deposit: N200k Monthly Contribution* Caution fees: 10% Legal fees: 10% Agency fees: 10% - Living room - Modern fitted kitchen - BQ(self contained) - Communal swimming pool - 24/7 security & well maintained Estate - Ample parking space M3 Ela29jl

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
Lexiuniverse
Exquisitely Finished 5 Bedrooms +BQ Terrace with Swimming Pool — 3rd Avenue, Banana Island, Ikoyi, Lagos
Featured
12
₦70,000,000 /yr

Terraced duplex for rent

Exquisitely Finished 5 Bedrooms +BQ Terrace with Swimming Pool

For lease: Description: 5 Bedroom Terrace Apartment located off 3rd Avenue, Banana Island, Ikoyi a well-finished 5-bedroom terrace apartment in one of Lagos's most exclusive and secure neighborhoods. Designed for convenient luxury living, this home offers premium facilities and the refined lifestyle Banana Island is known for. Property Features - 5 Bedrooms (all en-suite) - Swimming Pool - Fully Fitted Kitchen - Boys' Quarters (BQ) - Secure and Private Environment Rent: N70,000,000 per annum Service charge: N6 million deposit including diesel Agency: 10% Legal: 10% Caution: 5% Pictures available upon request.

3rd Avenue, Banana Island, Ikoyi, Lagos
5 beds 6 toilets
Harpiavision Intl Limited
Lovely Fully Furnished 2 Bedroom Apartment — Banana Island, Ikoyi, Lagos
Featured
8
₦30,000,000 /yr

Flat / apartment for rent

Lovely Fully Furnished 2 Bedroom Apartment

For Rent Lovely Fully Furnished 2 Bedroom Apartment Location: Banana Island, Ikoyi, Lagos Rent: 30m (2yrs required) Agency: 10% Legal: 10% Caution: 10% Features: -Fully furnished -Exquisite finishing -Premium location Well fitted kitchen -Elevator -Swimming pool and more

Banana Island, Ikoyi, Lagos
2 beds 2 baths 3 toilets
Ernyson Properties
4 Bedroom Terrace Duplex — Banana Island, Ikoyi, Lagos
Featured
13
₦60,000,000 /yr

Terraced duplex for rent

4 Bedroom Terrace Duplex

4 Bedroom Terrace Duplex Location: Banana Island Ikoyi, Lagos Rent: 60m Legal: 10% Agency: 10% Caution: 10% Service charge: 6m(diesel deposit inclusive) ------------------------------------------------------------ Features - Fully Fitted Kitchen - pop Ceilings - Water Treatment - 24/7 Security - Fully serviced - ⁠24hrs power - Water heater - Inbuilt speakers - Walk-in Shower - ⁠Swimming pool - ⁠Gym Etc ---------------------------------------------------------------------------- Call Princess +2349045656622 for inspection and inquiries.

Banana Island, Ikoyi, Lagos
4 beds 5 baths 5 toilets
Giwa Realty Limited
2 Bedrooms Flat — Banana Island, Ikoyi, Lagos
Featured
22
₦16,000,000 /yr

Flat / apartment for rent

2 Bedrooms Flat

For lease luxury service 2 bedrooms flats at banana island estate, ikoyi -lagos Facilities: - Swimming pool - Water treatment plant - Standby elevator - Secured Estate - Ample car park - All rooms ensuite - Light is 24 hours Rent N16m per Annum. Service charge N4.5m. Agency/Legal/Caution: 10% each Location: Banana Island Estate -Ikoyi Lagos.

Banana Island, Ikoyi, Lagos
2 beds 2 baths 3 toilets
Jossy Divine Properties Nig LTD
5 Bedroom Terrace and BQ — Banana Island, Ikoyi, Lagos
Featured
10
₦65,000,000 /yr

Terraced duplex for rent

5 Bedroom Terrace and BQ

Banana island 5 bedroom terrace plus 1 BQ 65M price 6M service charge 2.5M caution deposit 10% legal Agency 10%

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
Ikon Realty World LTD
3 Bedroom with Pool and Elevator — Banana Island Estate, Banana Island, Ikoyi, Lagos
Featured
10
₦40,000,000 /yr

Flat / apartment for rent

3 Bedroom with Pool and Elevator

New rental listing! ‎3 bedroom apartment ‎banana island ‎Features; ‎3 bedroom all ensuite ‎Tastefully finished ‎Home office ‎Pool ‎Elevator ‎Ample parking ‎Fully fitted kitchen ‎On site facility management ‎Highly secure and serene ‎Flood free ‎Clean water

Banana Island Estate, Banana Island, Ikoyi, Lagos
3 beds 3 baths 3 toilets
Hygge Homs
Nicely Furnished Mini Flat — Banana Island, Ikoyi, Lagos
Featured
14
₦25,000,000 /yr

Mini flat (room and parlour) for rent

Nicely Furnished Mini Flat

A neatly furnished 1bed apartment in Banana island estate going out for annual rent.

Banana Island, Ikoyi, Lagos
1 bed
Hygge Homs
Fully Serviced 4-Bedroom Apartment — Banana Island, Ikoyi, Lagos
Featured
15
₦40,000,000 /yr

Flat / apartment for rent

Fully Serviced 4-Bedroom Apartment

️️ Direct letting ️️ Banana Island Road, Ikoyi --- Where the giants of industry secure their peace, privacy, and legacy. Nestled in Africa's most exclusive enclave, this fully serviced 4-Bedroom apartment offers an immediate passport into a powerful relational network of billionaires, corporate titans, and absolute discretion. The Lifestyle Experience; -Family time well spent in a capacious living area. -Lasting intimate memories created in capacious bedrooms. -No car hassle; spacious parking space. -Meet up important meetings through good road access. -Ultimate relaxation in a fully functional swimming pool. -Total privacy through an access card elevator. -a premium waiting area for your guests. -Facility issues resolved speedily by the management office. -Climate-controlled comfort with -24/7 uninterrupted power and fully fitted ACs. -Effortless meal prep and laundry in a fully fitted kitchen with a washing machine. -Peak physical wellness maintained in a functional, fully fitted gym. -Absolute peace of mind during the rainy season in a guaranteed flood-free location. -Seamless daily commuting via close proximity to major landmarks. : Banana Island Road, Ikoyi, Lagos State. Price: ₦40,000,000 Per Annum Service Charge: ₦1,200,000 Per Annum *Agency:**10%* *Legal:**10%* *Caution:**10%*

Banana Island, Ikoyi, Lagos
4 beds 4 baths 4 toilets 2 Parking
Emmy Homes Realty
Luxury 5-Bedroom Fully Detached House with 2-Room Service Quarters — Banana Island, Ikoyi, Lagos
Featured
7
₦125,000,000 /yr

Detached duplex for rent

Luxury 5-Bedroom Fully Detached House with 2-Room Service Quarters

For lease: Description: Luxury 5-Bedroom Fully Detached House with 2-Room Service Quarters Location: Residential part of Banana Island, Ikoyi Rent: N125 million per annum Agency, Legal & Caution deposit 10% each

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 5 Parking
Laser Estate Services
Tastefully Built + Lovely 3 Bedroom Semi Detached — Banana Island, Ikoyi, Lagos
Featured
18
₦40,000,000 /yr

Semi-detached duplex for rent

Tastefully Built + Lovely 3 Bedroom Semi Detached

Tastefully Built + Lovely 3 Bedroom Semi Detached Banana Island, Ikoyi Rent: N40M Service charge: To BE discussed Caution fees: 10% Legal fees: 10% Agency fees: 10% ................................................................ For more enquiries and inspections, please call us on 09098586908 08090876670 Follow us on Instagram on Rosemond hills properties Facebook Rosemond hills limited

Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets 2 Parking
Rosemond Hills Limited
6 Units of Lovely 4 Bedroom Apartment — Banana Island, Ikoyi, Lagos
Featured
20
₦60,000,000 /yr

Flat / apartment for rent

6 Units of Lovely 4 Bedroom Apartment

6 units of lovely 4 bedroom apartment Features A room staff quarters Swimming pool Gym Fitted kitchen Fitted Air Conditions Ample parking space Elevator Box room Rent N60m Agency N6m Legal N6m Caution 5% ................................................................ For more enquiries and inspections, please call us on 09098586908 08090876670 Follow us on Instagram on Rosemond hills properties Facebook Rosemond hills limited

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 3 Parking
Rosemond Hills Limited
Tastefully Built + Lovely 3 Bedroom Semi Detached — Banana Island, Ikoyi, Lagos
Featured
17
₦40,000,000 /yr

Semi-detached duplex for rent

Tastefully Built + Lovely 3 Bedroom Semi Detached

Tastefully Built + Lovely 3 Bedroom Semi Detached Banana Island, Ikoyi Rent: N40M Service charge: To BE discussed Caution fees: 10% Legal fees: 10% Agency fees: 10% For more enquirers please call 08090876670 09167713726

Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets 2 Parking
Property Expert
Luxurious 2 Bedroom Apartment — Off First Avenue, Banana Island, Ikoyi, Lagos
Featured
35
₦16,000,000 /yr

Flat / apartment for rent

Luxurious 2 Bedroom Apartment

Luxury serviced 2 bedroom flat at Banana island estate, Ikoyi -lagos Facilities: Swimming pool, Water treatment plant, Standby elevator Secured Estate Ample car park All rooms ensuite Light is 24 hours Rent N16m per Annum. Service charge N4.5m. Mus

Off First Avenue, Banana Island, Ikoyi, Lagos
2 beds 2 baths 3 toilets 2 Parking
Upper-Link Realtors

Showing 661–681 of 1,382 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 flats, houses, land and commercial property for rent in Banana Island, Ikoyi, Lagos is ₦55,000,000 per annum.

The price of the most expensive flats, houses, land and commercial property for rent in Banana Island, Ikoyi, Lagos is ₦170,000,000 per annum.

The price of the cheapest flats, houses, land and commercial property for rent in Banana Island, Ikoyi, Lagos is ₦12,000,000 per annum.

There are 1,382 available flats, houses, land and commercial property for rent in Banana Island, Ikoyi, Lagos. You can view and filter the list of property by price, furnishing and recency.