There are 391 land for sale and rent in Ikoyi. 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.
Uniquely Positioned Plots -- Banana Island Situated within the Original layout, tucked away on a quiet street off 2nd Avenue. Land size: 4800sqm Title: Lagos State C of O Price: ₦5,800,000 / m² Contact us +2348094990098 +2349022220601 +2348034135274
Residential Area, Banana Island, Ikoyi, Lagos
4800 sqm
Ash Properties & Constructions LTD.
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
1
₦5,000,000,000
Mixed-use land joint venture
511.66 Acres Waterfront Reclamation Project
511.66 Acres Waterfront Reclamation Project This is a rare opportunity for experienced investors and reclamation developers to partner on one of Lagos' most significant waterfront projects. Key Highlights: Location: Banana Island Estate, Ikoyi, Lagos Land Size: 511.66 Acres (Reclaimable) Title: Survey & Registered Supreme Court Judgment Premium: ₦5 Billion JV Structure: Sharing Formula -- To Be Agreed Facilitators' Fee: ₦2 Billion + 10% land allocation (or monetised equivalent) Water Access: Accessible via the Marina Waterway Investor Responsibilities: - Perfect the property's title. - Obtain all required reclamation approvals and permits from the relevant government agencies. Transaction Process: - Letter of Intent (LOI) - Company Profile - Fee Protection Agreement (FPA) - Bank Comfort Letter
Banana Island, Ikoyi, Lagos
Jonela Concept
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
₦4,485,000,000
Residential land for sale
897SQM Dry Land
897sqm dry land in a close available for sale in the residential area of banana island, Ikoyi available for sale. It is currently selling @5m per square meter... Price ...4.485B Title ...Federal CofO... For serious and cash ready client please...
Banana Island, Ikoyi, Lagos
Pearlaanconsult & Realties
Premium
1
₦5,150,000,000
Residential land for sale
1030SQM Corner Piece Land
1030sqm well located dry and a corner piece land in banana island, Ikoyi available for sale.. It is selling @5m per square meter net price.. Price ...5.150B Title ... federal CofO... For serious and cash ready client only please ...
Banana Island, Ikoyi, Lagos
1030 sqm
Pearlaanconsult & Realties
Premium
1
₦6,150,000,000
Residential land for sale
Waterfront Land
well located 1230sqm waterfront land with embankments fully done and paved road down to the land. It is in a residential zone of banana island estate, Ikoyi...it is currently selling @5m per square meter net price.. Price ...6.150B Title...federal CofO... Note; for serious and cash ready client please ...
Banana Island, Ikoyi, Lagos
1230 sqm
Pearlaanconsult & Realties
Premium
5Video
₦4,500,000per sq.m
Residential land for sale
Residential Land
For sale prime banana island development land a rare opportunity to acquire 1,000sqm of premium land in the heart of Banana Island, Ikoyi, Lagos---one of Africa's most exclusive luxury real estate destinations. This offering is especially attractive because there are ready buyers already positioned to acquire two separate 500sqm portions, creating an opportunity for a seamless transaction and immediate liquidity. Location: Banana Island, Ikoyi, Lagos Land Size: 1,000sqm Price: ₦4.5 Million per sqm Located in Nigeria's most prestigious residential enclave. Ideal for luxury residential development or long-term capital appreciation. Strong demand from high-net-worth investors and developers. Existing buyers are already on ground for two 500sqm allocations, making this a highly marketable transaction. Secure environment with premium infrastructure and world-class neighborhood. Serious investors and qualified buyers only. Coach Henry -- The Real Estate Doctor Siyonique Integrated Services LTD +234 813 837 1196
Banana Island, Ikoyi, Lagos
1000 sqm
Siyonique Integrated Services
Premium
2
₦2,250,000,000per plot
Land for sale
Premium Land
Land for sale at Banana Island Lagos. Landowner is selling 1000sqm, there's buyer on ground for 500sqm ready to close alongside another picking up the remaining 500sqm) Price is 4.5 million Naira per sqm net: N2.250 billion Naira Austin S.
Banana Island, Ikoyi, Lagos
500 sqm
Donfabulous Homes
ADVERTISEMENT750 × 120
Premium
1
₦4,700,000,000
Land for sale
Mixed Use Bareland Measuring 900SQM Bareland
Corner Placed Land For Sale at the Mixed Use area of Banana Island Land size: 900m² Land Title: Lagos Title Price: ₦5Bn Contact us +234 809 4990 098 +234 902 2220 601 +234 803 4135 274
Mixed Use Area, Banana Island, Ikoyi, Lagos
900 sqm
Ash Properties & Constructions LTD.
Premium
7
₦9,100,000,000
Residential land for sale
Rare 2, 270SQM Direct Waterfront 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 - Price: ₦9.1B usd 6.1M - 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
Premium
1
₦4,200,000per sq.m
Mixed-use land for sale
Waterfront Mixed-Use Land Measuring 2848SQM
Waterfront land measuring 2848sqm bareland for sale in the mixed use area of Banana island. Title: fed c of O Price: 4.2m per sqm Contact: 09043135508
Banana Island, Ikoyi, Lagos
2848 sqm
Dannaproperties
Premium
5
₦13,250,000,000
Land for sale
2, 500SQM Land Fenced Round. the Last Plot
A rare opportunity to acquire a premium parcel of land in the prestigious Banana Island, Ikoyi, Lagos, Nigeria's most exclusive residential address. Measuring approximately 2,500 square metres, this exceptional plot is ideal for the development of a luxury private residence, mini-estate, serviced apartments, or an ultra-premium investment project. Property Highlights - Land Size: 2,500sqm - Location: Banana Island, Ikoyi, Lagos - Premium Residential Neighborhood - Excellent Road Network - Suitable for Luxury Development - High Appreciation Potential - Secure and Well-Planned Environment Banana Island remains the preferred location for high-net-worth individuals, business executives, diplomats, and investors seeking security, exclusivity, and long-term capital appreciation. Investment Potential Banana Island continues to record strong demand from both local and diaspora investors. Large plots in this location are increasingly scarce, making this a valuable long-term asset and wealth preservation opportunity. Price Breakdown Price Per Square Metre - ₦5,300,000 per sqm Total Purchase Price - ₦13,250,000,000 Approximate Dollar Equivalent* - usd $9.5 Million *Equivalent calculated at approximately ₦1,400/usd and subject to prevailing exchange rates. Nearby Landmarks - Old Ikoyi - Parkview Estate - Foreshore Estate - Victoria Island - Lekki Phase 1 - High-end schools, embassies and corporate headquarters Also if you own land for sale in Banana Island do well to reach out to us to assist you in selling to our high net worth portfolio of ready-to-buy clients. Serious enquiries only. Ejo Properties Limited Luxury Real Estate Advisory Sales Lettings Property Marketing
Banana Island, Ikoyi, Lagos
2500 sqm
Ejo Properties Limited
Premium
4
₦9,580,000,000
Land for sale
Prime 2, 281.291SQM Trophy Development Site
An exceptional opportunity to acquire 2,281.291sqm of premium land on the prestigious Ikoyi---one of Lagos' most exclusive and highly valued addresses. Large development sites with a Federal Certificate of Occupancy in this prime location are increasingly scarce, making this a remarkable investment for discerning developers and institutional investors. Positioned within one of Nigeria's most affluent neighbourhoods, the property offers outstanding potential for luxury residential, commercial, or mixed-use developments, with excellent long-term capital appreciation. Location: Ikoyi, Lagos Land Size: 2,281.291sqm Title: Federal Certificate of Occupancy (Federal C of O) Price: ₦4.7 Million per sqm Total Price: ₦9.58Billion Best Use - Ultra-luxury residential apartments - High-end detached residences - Luxury serviced apartments - Boutique hotel - Corporate headquarters - Mixed-use development Investment Highlights - Prestigious Bourdillon Road address - Large development parcel in a tightly held market - Federal C of O providing strong title security - Ideal for institutional and luxury residential developments - Excellent capital appreciation potential - Easy access to Banana Island, Victoria Island, and key business districts - One of the few remaining sizeable plots in this prime corridor A rare opportunity to secure a landmark development site in one of Lagos' most prestigious real estate markets, combining location, scale, and strong title documentation. For enquiries, inspections, and further details, contact ejo Properties Limited. Note: Pictures are for illustrative purposes only.
Ikoyi, Lagos
2281 sqm
Ejo Properties Limited
Premium
1
₦5,500,000per sq.m
Residential land for sale
Waterfront Land
Banana Island waterfront plot for sale* Plot measuring 850sqm at 3rd Avenue , J zone Price: N5. 5m/ per sqm Title: Fed G.Consent. Call: kland Realtors 08028836825
Banana Island, Ikoyi, Lagos
850 sqm
Kland Realtors
Premium
1
₦3,500,000per sq.m
Residential land for sale
10, 000 SQM Waterfront Land
_*exclusive residential waterfront sale 10,000SQM reclaimed banana island ₦3.5M/SQM dual C of O _* Attention: Visionary Developers & Capital Groups 10,000SQM of reclaimed waterfront on Banana Island. This is not land. This is a legacy on water. Property Snapshot: - Location: Banana Island Waterfront, Ikoyi, Lagos - Size: 10,000 SQM Reclaimed Land - Title: Dual C of O - Federal & Lagos State. All documents intact - Price: ₦3.5M per SQM WHY smart money is moving: 1. Waterfront Scarcity: The last real waterfront left on Banana 2. Value: Waterfront = 3x appreciation. Build towers, hotel, or ultra-luxury estate 3. Title: Dual C of O. Bankable. Investable. Sellable 4. Timing: Banana is 100% sold out. This is your entry Serious Buyers with Proof of Funds Only.
Banana Island, Ikoyi, Lagos
10000 sqm
5050properties
Premium
1
₦4,200,000per 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
Premium
1
₦3,800,000
Land for sale
Land Measuring 500SQM
CWL1498 Land Measuring 500sqm in Ikoyi This exceptional 500sqm mixed-use parcel is strategically located within the prestigious Banana Island, Ikoyi---Nigeria's most exclusive residential and investment destination. Offering a rare opportunity to acquire land in a highly sought-after location, the property is suitable for a variety of high-value developments, including luxury residences, serviced apartments, boutique commercial projects, and mixed-use developments. With its prime location, secure title documentation, and strong appreciation potential, this property presents an outstanding investment opportunity for developers, investors, and high-net-worth individuals seeking a presence in one of Africa's most prestigious real estate markets. Property Details Location: Banana Island, Ikoyi, Lagos Land Size: 500sqm Property Type: Mixed-Use Land Title: Federal Certificate of Occupancy (C of O) Property Features Prime Banana Island Address Mixed-Use Development Potential Suitable for Luxury Residential Development Suitable for Serviced Apartments Suitable for Boutique Commercial Development Excellent Road Infrastructure Prestigious Neighborhood High Investment Value Strong Capital Appreciation Potential Secure Title Documentation Ideal Buyer This property is ideal for real estate developers, private investors, corporate entities, and high-net-worth individuals seeking a premium land acquisition within Lagos' most exclusive community. Price ₦3,800,000 per sqm Total Asking Price ₦1,900,000,000 (Based on 500sqm at ₦3,800,000 per sqm) Location Banana Island, Ikoyi, Lagos Land Size 500sqm Title Federal Certificate of Occupancy (C of O) for more information, pricing and private viewing Please Contact: Emmanuel: 09088072106 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
Banana Island, Ikoyi, Lagos
C W Real Estate
Premium
₦5,000,000,000
Land for sale
1000SQM of Land
1000SQM & 900sqm corner piece land in Banana island at Price 5B title,lagos state 102 Close, Corner Piece Stel
Banana Island, Ikoyi, Lagos
Wilson Communications Interprises
Showing 21–40 of 391 properties
Area Guide
About Ikoyi, Nigeria
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.
