Nigeria Property Centre

Land in Banana Island, Ikoyi, Lagos

There are 379 land for sale and rent in Banana Island as of 7 Sep 2026, with an average price of ₦4.5M. 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.

8000SQM Prime Waterfront Land for Luxury Residential Development — 2nd Avenue, Banana Island, Ikoyi, Lagos
Premium
1
₦36,000,000,000

Residential land joint venture

8000SQM Prime Waterfront Land for Luxury Residential Development

8000sqm Prime Waterfront Land for Luxury Residential JV Development The property comprises approximately 8,000 SQM of prime waterfront land, with the option to divide into two portions, making it suitable for phased development. Development Purpose - Luxury Residential Development - Ultra-luxury apartments - Waterfront mansions - Premium high-end real estate project commercial terms Land Value: ₦4.5 Million per SQM Indicative Land Value: ₦36 Billion Premium: ₦2 Billion --- deductible from the Owners' Share Facilitators' Fee: 10% Title: Registered Supreme Court Judgment Location: 2nd Avenue, Banana Island, Ikoyi, Lagos

2nd Avenue, Banana Island, Ikoyi, Lagos
Jonela Concept
Residential Land with Existing Structure — Second Avenue, Banana Island, Ikoyi, Lagos
Premium
1
₦28,000,000,000

Residential land for sale

Residential Land with Existing Structure

️ For sale -- prime residential land, banana island, ikoyi a rare opportunity to acquire 6,170sqm of prime residential land within the original layout of Banana Island. One of the largest contiguous plots available, positioned for high value redevelopment and long term capital appreciation. Plots of this size almost never come to market, especially in a location where supply is already fully absorbed. Property Overview - Land Size: 6,170sqm - Prime Residential Zone, Banana Island - ️ Existing Structure on Site (can be retained and remodeled or redeveloped) - Title: Certificate of Occupancy Why This Stands Out - Large scale land holding in a tightly held, high value location - Suitable for remodeling or redevelopment into a luxury estate or units of private residences - Strong scarcity advantage as Banana Island approaches full build out - Clear, bankable title suitable for institutional or private acquisition Price: ₦28,000,000,000 In this market, scale is the real advantage. And land like this does not circulate often. Call to book your private inspection today

Second Avenue, Banana Island, Ikoyi, Lagos
6170 sqm
Ubosi Eleh & Co
1000SQM Bareland in a Gated Estate — Banana Island, Ikoyi, Lagos
Premium
3
₦4,000,000 per sq.m

Residential land for sale

1000SQM Bareland in a Gated Estate

Banana Island, Ikoyi, Lagos
Alvinacle Properties
Prime Waterfront Residential Land — Banana Island, Ikoyi, Lagos
Premium
1
₦12,930,000,000

Residential land for sale

Prime Waterfront Residential Land

Prime waterfront land measuring 3,403 sqm Location: Banana Island, Ikoyi, Lagos Price: ₦3.8 Million per sqm Title: Federal C of O Total Price: ₦12.93 Billion jm

Banana Island, Ikoyi, Lagos
3403 sqm
Ama of Lagos Realty LTD
1000SQM Waterfront Land — Banana Island, Ikoyi, Lagos
Premium
1
₦4,500,000,000

Land for sale

1000SQM Waterfront Land

Waterfront 1000sqm Price: 4.5m per sqm asking Title: federal c of o Banana Island Ikoyi Dapo

Banana Island, Ikoyi, Lagos
1000 sqm
Flowtouch Properties
Prime Waterfront Land per SQM — Banana Island, Ikoyi, Lagos
Premium
1
₦3,800,000 per sq.m

Land for sale

Prime Waterfront Land per SQM

For sale Description: Prime waterfront land measuring 3,403 sqm Location: Banana Island, Ikoyi, Lagos Price: ₦3.8 Million per sqm Title: Federal C of O Total Price: ₦12.93 Billion Jm 30/8/26

Banana Island, Ikoyi, Lagos
3403 sqm
Tory's Realty
1,068 SQM of Fenced & Gated Land — Banana Island, Ikoyi, Lagos
Premium
4
₦80,000,000 /yr

Land for rent

1,068 SQM of Fenced & Gated Land

*prime land deals -- SlvOlabanan For Rent -- Exclusive Plot in Banana Island, Ikoyi 1068 SQM Fenced & Gated _Secure a prime piece of Banana Island in a mixed-use zone -- perfect for car park or storage, with approval for temporary structures._ Rent: NGN80M per annum Agency 10% Legal 10% Located in a top-tier, secure estate! Banana Island Ikoyi Lagos

Banana Island, Ikoyi, Lagos
360 Degree Properties LTD
Premium
₦18,280,000,000

Residential land for sale

2 Prime Plots of Land

For sale > rare double banana island offer N9.41B + ₦8.87B = ₦18.28B total 2 prime plots FGN C of O The richest zip code in africa is trading (1) Prime residential 310 Close, Banana Island 1,960.540 SQM ₦4.8M per SQM total: ₦9,410,592,000 FGN C of O Build your ultra-luxury waterfront mansion on the most prestigious street in Nigeria. 71 years of generational wealth. (2) Mixed-use cornerpiece Banana Island, Ikoyi Approx 1,970 SQM ₦4.5M per SQM total: ₦8,865,000,000 ️ Highrise Development Approved FGN C of O Corner location. Perfect for Grade-A Tower, 5-Star Hotel, or Mixed-Use that prints cash. Banks will fight to fund this. WHY this won't last: Banana Island plots trade once every few years. 3,930SQM combined with FGN C of O is unicorn-level rare. This isn't just land. It's a monopoly on status + liquidity. For: Serious Buyers. Real Developers. Family Offices Only Proof of Funds Required. No Inspections Without pof.

Banana Island, Ikoyi, Lagos
3930 sqm
Healthy Living Topnotch Properties
Premium
₦13,000,000,000

Residential land for sale

2, 600SQM Residential Waterfront Land

Exclusive & premium waterfront land - 3RD avenue, banana island N13Billion total 2,600SQM ₦5M per SQM direct waterfront Location: Off 3rd Avenue, Banana Island Estate, Ikoyi, Lagos Title: Lagos State C of O - Dry, Table Land, 100% Reclaimed Use: Residential / Luxury Waterfront Development WHY this stands out: - Direct Waterfront with unobstructed lagoon views - Serene & Secure estate with 2nd & 3rd Avenue infrastructure - Ready to Build - No sandfilling required Price: ₦5,000,000 per sqm Total: ₦13,000,000,000 Mode: Semi Direct with Owner _Serious Buyers & Developers Only. Proof of Funds Required._ Contact: _Owner's Representatives_ WhatsApp / Call: ️ Y........

3rd Avenue, Banana Island, Ikoyi, Lagos
2600 sqm
Healthy Living Topnotch Properties
Premium
₦39,000,000,000

Residential land for sale

7, 800 SQM Waterfront Residential Land

Banana island waterfront -- 7,800 SQM rare bulk land. Federal C of O ₦5M per sqm Direct Shoreline Talking to the mandate!!! Massive waterfront parcel with clean title. Ideal for ultra-luxury estate or boutique development. Location: Banana Island, Ikoyi, Lagos Land Size: 7,800.415 sqm [per survey plan] Frontage: Direct shoreline/waterfront Title: Federal Certificate of Occupancy Price: ₦5Million per sqm = ₦39Billion total Why it's a standout: - 7,800 sqm is rare on Banana Island. Most plots are 1,000-4,500 sqm - Direct shoreline frontage gives maximum waterfront value and view - Federal C of O for secure, bankable transaction - Perfect for a private compound, luxury villa estate, or high-end residential project Provisional survey copy available. Serious buyers only for inspection and due diligence. PS Survey will be made available upon request

Banana Island, Ikoyi, Lagos
7800 sqm
Business Accords
Prime 500 SQM Land — Banana Island, Ikoyi, Lagos
Premium
1
₦2,500,000,000

Residential land for sale

Prime 500 SQM Land

Prime 500 Sqm Land Located in Banana Island

Banana Island, Ikoyi, Lagos
500 sqm
Jioram Multinational Resources
Premium
₦5,000,000 per sq.m

Land for sale

Premium Waterfront 852SQM Land

CWL1643 Premium Waterfront 852sqm Land in Ikoyi Own a rare waterfront land parcel in the prestigious Banana Island, Ikoyi. This 852sqm plot offers an exclusive opportunity to develop a luxury waterfront residence or a high-end investment property in one of Lagos' most affluent and sought-after neighborhoods. Property Details Location: Banana Island, Ikoyi, Lagos Property Type: Waterfront Residential Land Land Size: 852sqm Title: Federal Certificate of Occupancy (C of O) Price: ₦5,000,000 per sqm Property Highlights Prime Waterfront Location Prestigious Banana Island Address Federal Certificate of Occupancy (C of O) Serene & Exclusive Environment Excellent Accessibility Premium Investment Opportunity Suitable Development Options Luxury Waterfront Mansion High-End Private Residence Boutique Luxury Development Executive Family Home Investment Highlights One of Lagos' Most Exclusive Addresses Exceptional Capital Appreciation Potential Secure Federal Title Documentation Strong Demand for Luxury Properties Prime Long-Term Investment Asset Ideal Buyer This property is ideal for high-net-worth individuals, luxury home developers, private investors, and anyone looking to build an iconic waterfront residence in Banana Island. Price ₦5,000,000 per sqm Location Banana Island, Ikoyi, Lagos Land Size 852sqm Property Type Waterfront Residential Land for more information, pricing and private viewing Please Contact: Emmanuel: 09088072106 Lilian: 09062511340 Email: [email protected] We are Social! Check out other Fantastic Premium Listings on our Social Media Platforms IG: @cwrelagos Twitter: @cwrelagos Facebook: @cwrealestate

Banana Island, Ikoyi, Lagos
C W Real Estate
1960SQM of Premium Residential Land — Banana Island, Ikoyi, Lagos
Premium
1
₦9,410,000,000

Residential land for sale

1960SQM of Premium Residential Land

1960sqm of residential premium land for sale In banana Island, price : 9.41B Title fed c of o Contact 09169725780. Slightly negotiable for serious buyer ready to close. Inspection and documentation ready to verified buyers only. Contact 09169725780

Banana Island, Ikoyi, Lagos
1960 sqm
Danna Properties
Premium
₦12,930,000,000

Land for sale

Prime Waterfront Land Measuring 3,403 SQM.

Description: Prime waterfront land measuring 3,403 sqm. Location: Banana Island, Ikoyi, Lagos Price: ₦3.8 Million per sqm Title: Federal C of O Total Price: ₦12.93 Billion

Banana Island, Ikoyi, Lagos
Enerst Properties
Prime Waterfront Residential Land — Banana Island, Ikoyi, Lagos
Premium
1
₦12,930,000,000

Residential land for sale

Prime Waterfront Residential Land

Prime waterfront land measuring 3,403 sqm. Location: Banana Island, Ikoyi, Lagos Price: ₦3.8 Million per sqm Title: Federal C of O Total Price: ₦12.93 Billion Let's Deal! Ubo

Banana Island, Ikoyi, Lagos
3403 sqm
Flowtouch Properties
Water-Front Land Measuring 2200 SQM — Banana Island, Ikoyi, Lagos
Premium
5
₦4,000,000 per sq.m

Residential land for sale

Water-Front Land Measuring 2200 SQM

2200sqm Water-front Land located within Residential Zone, Banana Island Estate, Ikoyi, Lagos. Features include: Water-front plot; Suitable for Development of Town Houses, Block of Apartments or single Private Residence; etc. Sale Price is NGN4,000,000 (FOUR million NAIRA) per Square Meter. Federal Certificate of Occupancy (C of O). All pricing are as at july 22, 2026 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.

Banana Island, Ikoyi, Lagos
2200 sqm
First Colony Real Estate Company LTD
2600SQM Waterfront Residential Land — 3rd Avenue, Banana Island, Ikoyi, Lagos
Premium
1
₦13,000,000,000

Residential land for sale

2600SQM Waterfront Residential Land

Waterfront land off 3RD avenue - banana island Waterfront Residential Land measuring 2,600sqm strategically located off 3rd Avenue, Banana Island, Ikoyi. - Location: Off 3rd Avenue, Banana Island Estate - Size: 2,600sqm - Title: Lagos State CofO Dry, Table Land - Use: Residential / Luxury Waterfront Development - Price: N5 Million per sqm Features: Direct waterfront, serene and secure environment, proximity to 2nd & 3rd Avenue infrastructure, ready to build Eze

3rd Avenue, Banana Island, Ikoyi, Lagos
2600 sqm
Rosemond Hills Limited
Land for Sale — Banana Island, Ikoyi, Lagos
Premium
1
₦4,500,000,000

Land for sale

Land for Sale

Waterfront land measuring 700sqm at Banana Island (Residential area). Price - N4.5billion (asking) Title - Lagos C of O Land has a Jetty, Building Approval and Foundation 1,998 sqm corner piece mixed used Abuja street. Original layout. Banana island, Ikoyi, Lagos. 4.5M net per sqm. Good deal. Very good for high rise apartment. Size: 1906sqm Zone: p (2nd avenue Title: lag c of O Area: residential Price: 5m/sqm Size: 1200sqm Zone: G Title: lag c of O Area: residential Price: 6m/sqm Size: 1300sqm Zone: E Title: lag c of O Area: residential Price: 6m/sqm

Banana Island, Ikoyi, Lagos
Apple Properties
Waterfront 852SQMS Residential Land — 3rd Avenue, Banana Island, Ikoyi, Lagos
Premium
1
₦5,000,000 per sq.m

Residential land for sale

Waterfront 852SQMS Residential Land

Outright buyer needed Waterfront land off 3RD avenue - banana island Waterfront Residential Land measuring 852sqm strategically located off 3rd Avenue, Banana Island, Ikoyi. - Location: Off 3rd Avenue, Banana Island Estate - Size: 852 sqm - Title: Federal Certificate of Occupancy (Fed. C of O) - Topography: 100% Dry, Table Land - Use: Residential / Luxury Waterfront Development - Price: N5 Million per sqm - Total: N4.26 Billion Features: Direct waterfront, serene and secure environment, proximity to 2nd & 3rd Avenue infrastructure, ready to build.

3rd Avenue, Banana Island, Ikoyi, Lagos
852 sqm
Temisegun Concept Nigeria Limited
Rare 2, 270SQM Plot of Land — Banana Island, Ikoyi, Lagos
Premium
7
₦9,100,000,000

Residential land for sale

Rare 2, 270SQM Plot of Land

A large premium expanse of direct waterfront land measuring 2,270 square metres available for sale in Banana Island, Ikoyi --- Lagos most prestigious residential address. Property Details: - Location: Banana Island, Ikoyi, Lagos - Land Size: 2,270 sqm - Title: Certificate of Occupancy (FC of O) - Category: Residential Land - Positioning: Direct Waterfront Description: It is a rare opportunity to acquire a substantial direct waterfront parcel in the heart of Banana Island. Large-format plots of this size are increasingly scarce within the estate. This luxury waterfront plot of land in Banana Island offers premium waterfront frontage within Nigeria's most prestigious residential estate. The land is ideal for: - Ultra-luxury private mansion development - Waterfront estate compound - High-end redevelopment project - Long-term capital appreciation investment Banana Island remains the benchmark for luxury real estate in Nigeria, known for its exclusivity, security, infrastructure, and strong asset value preservation. Serious enquiries and buyers only. Contact us to schedule a tour. About Banana Island, Ikoyi Banana Island is Lagos' most prestigious and exclusive residential address, located in Ikoyi on Lagos Island. Known for its secure, gated environment and meticulously planned infrastructure, it is home to Nigeria's elite, top executives, diplomats, and high-net-worth individuals. The estate features wide roads, underground utilities, reliable power supply, and premium waterfront properties with direct lagoon access. With its privacy, luxury developments, and strong property value appreciation.

Banana Island, Ikoyi, Lagos
2270 sqm
Ejo Properties Limited

Showing 21–40 of 379 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 land in Banana Island, Ikoyi, Lagos is ₦4,500,000 per square meter.

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

The price of the cheapest land in Banana Island, Ikoyi, Lagos is ₦4,500 per square meter.

There are 379 available land in Banana Island, Ikoyi, Lagos. You can view and filter the list of property by price, furnishing and recency.