Nigeria Property Centre

Land in Banana Island, Ikoyi, Lagos

There are 439 land for sale and rent in Banana Island as of 17 Sep 2026, with an average price of ₦4.2B. 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.

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
12, 000 SQM Waterfront Residential Land — Banana Island, Ikoyi, Lagos
Premium
1
₦60,000,000,000

Residential land joint venture

12, 000 SQM Waterfront Residential Land

Exclusive joint venture opportunity -- banana island waterfront 12,000 SQM Waterfront Supreme Court Judgement Land Value: ₦60 Billion An exceptional opportunity to partner on a 12,000 sqm prime waterfront property in Banana Island, Lagos' most prestigious residential and investment destination. The site is ideal for a luxury high-rise, mixed-use, or iconic residential development. Property Details - Location: Banana Island, Lagos - Land Size: 12,000 sqm Waterfront - Title: SupremeCourt Judgment - Land Value: ₦5,000,000 per sqm (₦60 Billion) - Development: Residential Transaction Terms - Facilitator Fee: 10% (₦6 Billion Net) -- Non-Negotiable - Direct Developers Only Transaction Process 1. Letter of Intent (LOI) 2. Company Profile 3. Facilitator Fee Agreement 4. Proof of Funds (POF) a rare large-scale waterfront assemblage with a bankable title, presenting an outstanding opportunity to deliver a landmark development in one of Lagos' most exclusive addresses.

Banana Island, Ikoyi, Lagos
12000 sqm
Mel Realtors
852SQM Water Front Land — Off 3rd Avenue, Banana Island, Ikoyi, Lagos
Premium
1
₦4,260,000,000

Residential land for sale

852SQM Water Front Land

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. Quad

Off 3rd Avenue, Banana Island, Ikoyi, Lagos
Gui Integrated Concept Limited
804SQM of Developed Land — Banana Island Road, Banana Island, Ikoyi, Lagos
Premium
1
₦4,500,000

Residential land for sale

804SQM of Developed Land

Plot A: 804 sqm of land (Facing Banana Island Road) Title: - Deed of Assignment - Survey - C of O Price: ₦4.5M per sqm Contact 09169725780

Banana Island Road, Banana Island, Ikoyi, Lagos
804 sqm
Danna Properties
Waterfront Residential Land Measuring 852SQM — Off 3rd Avenue, Banana Island, Ikoyi, Lagos
Premium
1
₦4,260,000,000

Residential land for sale

Waterfront Residential Land Measuring 852SQM

Exclusive sale > waterfront land off 3RD avenue - banana island Waterfront Residential Land measuring 852sqm strategically located off 3rd Avenue, Banana Island, Ikoyi. Property Details - 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: ₦5,000,000 per Sqm - Total: ₦4,260,000,000 Features - Direct Waterfront - Serene and Secure Environment - Proximity to 2nd & 3rd Avenue Infrastructure - Ready to Build This is one of the few direct waterfront plots available in Banana Island. Ideal for immediate luxury residential development. For inspection & documentation WhatsApp / Call: 09169725780

Off 3rd Avenue, Banana Island, Ikoyi, Lagos
852 sqm
Danna Properties
852SQM Strategically Located Direct Waterfront Residential Land — Off 3rd Avenue, Banana Island, Ikoyi, Lagos
Premium
1
₦5,000,000 per sq.m

Residential land for sale

852SQM Strategically Located Direct Waterfront Residential Land

Outright buyer needed Banana island, waterfront. 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 Olajbatdangbe

Off 3rd Avenue, Banana Island, Ikoyi, Lagos
852 sqm
David Moren Property Services
Premium
₦6,500,000,000

Residential land joint venture

1, 400 SQM of Well Drained Residential Land

JV development opportunity banana island, lagos ₦6.5BN land value ₦20BN+ projected GDV 1,400 SQM There are properties you can buy. And there are development opportunities that rarely come to market. This is the latter. We are representing a confidential development opportunity in Banana Island, Lagos, involving approximately 1,400 SQM of prime land with a Federal C of O and survey documentation available for review. The Development Brief The site is suitable for a carefully positioned luxury residential development, with the current concept structured around: Option a: Luxury Apartments Option B: 4 Ultra-Luxury Terraces Indicative Land Value: ₦6.5BN Projected GDV: ₦20BN+ Indicative Unit Values: ₦1BN--₦3BN+ Proposed JV: 50/50 --- subject to negotiation Facilitator's Fee: ₦650M The opportunity is being presented strictly to qualified, financially capable developers and investment principals. WHY this deal? Banana Island is not simply another Lagos residential location. It is a globally recognisable luxury address with limited development opportunities, strong hnwi demand and a buyer profile capable of supporting premium pricing. For the right development partner, the proposition is straightforward: Prime land. Prime address. Premium product. Significant development upside. Private deal room access This is not a mass-market listing. No public circulation of the full documentation. No speculative inquiries. No intermediaries witho Access to the survey, title documentation, development information and owner discussions will be provided progressively following qualification. Qualification process 01 --- Developer / Company Profile 02 --- Proof of Funds 03 --- Site Inspection 04 --- Survey & Title Review 05 --- Development Proposal 06 --- Facilitator's Fee Letter 07 --- Owner Meeting 08 --- JV Structuring & Documentation Direct developers and qualified investment principals only. If your mandate is to secure trophy development land in Lagos' premier luxury residential market, this is an opportunity worth having a private conversation about. Confidential pof required private deal n.e.w.s realty limited +234 813 714 3886 +234 813 743 9166 Secure the land. Build strategically.

Banana Island, Ikoyi, Lagos
News Realty Limited
Land 3, 403 SQM — Banana Island, Ikoyi, Lagos
Premium
1
₦12,930,000,000

Residential land for sale

Land 3, 403 SQM

Prime Land -- Banana Island, Ikoyi Size: 3,403 sqm Location: Banana Island, Ikoyi, Lagos Title: Federal C of O Price: ₦3.8 Million per sqm Total Price: ₦12.93 Billion Kees Dreff Golde

Banana Island, Ikoyi, Lagos
3403 sqm
Charis Estate
2, 245SQM Waterfront Land with a Structure — Banana Island, Ikoyi, Lagos
Premium
1
₦4,500,000 per sq.m

Residential land for sale

2, 245SQM Waterfront Land with a Structure

Waterfront Property for sale : Banana Island 2,245Sqm waterfront property with a structure on it Location: Residential Area, Banana island Title: Fed & Lag. Titles Price: ₦4.5m / Sqm $chijo

Banana Island, Ikoyi, Lagos
Mapida Homes
Premium Waterfront Land — Banana Island, Ikoyi, Lagos
Premium
1
₦3,500,000 per sq.m

Residential land for sale

Premium Waterfront Land

Premium Waterfront Land available for sale in Ikoyi Lagos Location: Banana Island, Ikoyi Size: 1,300 sqm 3.5M per SQM Title: Fed C of O For more information, inspections and easy closing call Tenacious: 08107464741

Banana Island, Ikoyi, Lagos
1300 sqm
Tenancious Realtors and Properties
9000SQM Prime Land — Banana Island, Ikoyi, Lagos
Premium
1
₦40,500,000,000

Mixed-use land for sale

9000SQM Prime Land

This is a fantastic opportunity to own land in banana island 9,000sqm up for sale located in 3rd Avenue Title - Federal Certificate of Occupancy It can be partitioned into two equal sized sections of 4,500sqm each

Banana Island, Ikoyi, Lagos
50 Parking 9000 sqm
Ashrow Property Services LTD
Premium
₦4,500,000 per sq.m

Mixed-use land for sale

Mixed Use Land for High Rise Development Measuring 1,970 Square Meters

Mixed use land ideal for high rise development measuring approximately 1,970 square meters location: banana island, ikoyi, lagos title: Federal c of o price: 4.5 million/sqm

Banana Island, Ikoyi, Lagos
1970 sqm
Pearlworth Investment Limited
Premium
₦4,800,000 per sq.m

Residential land for sale

Prime Residential Land Measuring 1,960.540 SQMS

prime residential land measuring approximately 1,960.540 square meters location: banana island, ikoyi, lagos title: federal C of O price: 4.8 million/sqm

Banana Island, Ikoyi, Lagos
1960 sqm
Pearlworth Investment Limited
1068SQM Vacant Commercial Plot — Banana Island, Ikoyi, Lagos
Premium
6
₦80,000,000 /yr

Commercial land for rent

1068SQM Vacant Commercial Plot

Commercial land measuring 1068sqm for long lease located within the Mixed-Use Zone, Banana Island Estate, Ikoyi, Lagos. Site details: Square-shaped site, Front Plot, Flood-free site; 1068sqm, etc. Suitability: Erection of temporary structures, Car Show-Room, Gym, Shopping Mall, Construction equipment storage, etc. Term: Minimum of 5 Year Lease. Rent is NGN80,000,000 (EIGHTY million naira ONLY) per annum. All pricing are as at august 19, 2025 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
1068 sqm
First Colony Real Estate Company LTD
Premium
₦5,400,000,000

Mixed-use land joint venture

Land for a Serious and Ready to Close Developer

Joint venture location banana island ikoyi land size 1200 SQM proposal block of high rise mixed zone development land value 4.5M per SQM facilitators fees 10%

Banana Island, Ikoyi, Lagos
Ambuiltech Project & Services Ventures LTD
Premium
₦18,000,000,000

Mixed-use land joint venture

Mixed-Use Land Development

Joint venture location banana island land size 4000SQM proposal block of high rise mixed zone land value 4.5M per SQM facilitators fees 10%

Mix Zone, Banana Island, Ikoyi, Lagos
Ambuiltech Project & Services Ventures LTD
Fully Fenced and Dry Land Measuring 750 Square Meters — Off Banana Island Road, Ikoyi, Lagos
Premium
4
₦3,000,000 per sq.m

Residential land for sale

Fully Fenced and Dry Land Measuring 750 Square Meters

Fully Fenced and Dry Land Measuring 750 Square Meters Off Banana Island Road, Ikoyi, Lagos. Features: - Regular-shaped land - Part of the land is directly overlooking the lagoon, allowing good natural breeze - Ready for immediate development (Fully built-up and living neighborhood) - Suitable for residential (high-rise blocks of luxury flats/ houses) - Excellent location for optimal real estate investment - Located in a well known prestigious estate - Proximity to Lekki Phase One, Victoria Island, Third Mainland bridge, etc. - Title: Governor's Consent Price: N3million per square meter For further enquiries/ arrangement for inspection, please contact: Chris:+2348177766115 (Call/ WhatsApp) Tola: +2348177766008 (Call/ WhatsApp) Gabriel:+2348177766550(Call/ WhatsApp) Bluehedge Realtors - Estate agency and Property marketing - Real estate development and Advisory Tel: +234-8032065685 (Call/ WhatsApp), 08177766110-9 (Call/ WhatsApp) Email: [email protected] Website: www.bluehedgerealtors.com Instagram: @bluehedgerealtors

Off Banana Island Road, Ikoyi, Lagos
750 sqm
Bluehedge Realtors
852, 1000, 2275 & 3300 Sq MTS Residential Plots — Banana Island, Ikoyi, Lagos
Premium
1
₦4,500,000 per sq.m

Residential land for sale

852, 1000, 2275 & 3300 Sq MTS Residential Plots

For sale at Banana Island, Ikoyi, Lagos: 852, 1000, 2275 & 3300 sq mts non-waterfront and waterfront parcels of land at Banana Island estate, Ikoyi Price from: ₦4.5m per sq mts

Banana Island, Ikoyi, Lagos
Douglas Okoye & Co
Premium
₦4,000,000 per sq.m

Residential land for sale

1000SQM Bare Land in a Residential, Serene Environment

Banana island sales Sales!! Land measuring 1000Sqm located in the residential zone of Banana Island Estate, Ikoyi. Price: N4m/sqm(Net)

Banana Island, Ikoyi, Lagos
1000 sqm
Actvision Integrated Resources LTD

Showing 61–80 of 439 properties

Area Guide

About Ikoyi, Lagos

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.

Read the full area guide
FAQ

Frequently asked questions

The average price of land in Banana Island, Ikoyi, Lagos is ₦4,200,000,000.

The price of the most expensive land in Banana Island, Ikoyi, Lagos is ₦60,000,000,000.

The price of the cheapest land in Banana Island, Ikoyi, Lagos is ₦3,000,000.

There are 439 available land in Banana Island, Ikoyi, Lagos. You can view and filter the list of property by price, furnishing and recency.

Prices for land in Banana Island, Ikoyi, Lagos range from ₦1,300,000 to ₦60,000,000,000.