Nigeria Property Centre

Mixed-use Land in Banana Island, Ikoyi, Lagos

There are 75 land for sale and rent in Banana Island. 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.

1000 SQM Plot with High Rise Approvals
Featured
1
₦4,500,000,000

Mixed-use land for sale

1000 SQM Plot with High Rise Approvals

Prime location for multiple floors approval, close to ocean parade towers Title fed cfo

Zone L, Banana Island, Ikoyi, Lagos Added yesterday
Vallecano Ventures
Featured
₦2,150,000,000

Mixed-use land for sale

Prime Mixed-Use Land

Prime mixed-use land in banana island, ikoyi Banana Island, Ikoyi, Lagos a premium opportunity to acquire a strategically located plot in the highly sought-after Mixed-Use Zone of Banana Island. Land Size: 500sqm Mixed-Use Zone Title: Certificate of Occupancy (C of O) Price: ₦4.3 Million per sqm (Net) Total Asking Price: ₦2.15 Billion (Net) Property Highlights Located in Prestigious Banana Island Flexible Mixed-Use Development Potential Secure, Gated, and Well-Planned Environment Excellent Road Network and Infrastructure Strong Rental Yield and Capital Appreciation Potential Ideal For: Boutique Commercial Development Luxury Mini Hotel or Apartments Office & Residential Mixed Development High-End Investment Property Banana Island remains Nigeria's most exclusive address, offering unmatched prestige, security, and long-term value for investors and developers. This is a rare opportunity to secure a compact but highly valuable plot in a world-class location. For Inspection & Enquiries: 08141169442 07076956001 07080173094 #BananaIsland #BananaIslandProperty #MixedUseLand #LandForSale #LuxuryRealEstate #PrimeProperty #IkoyiRealEstate #LagosRealEstate #CofO #PropertyInvestment #NigeriaPropertyCentre #RealEstateNigeria #DemiladeAgagu #BroadleafShelters #InvestmentOpportunity #LuxuryDevelopment #$hayo#Goodeal#

Banana Island, Ikoyi, Lagos
500 sqm
Demilade D Agagu Consulting
Featured
₦7,501,000,000

Mixed-use land joint venture

Exclusive Opportunities Joint Venture in a Prime Area Without Stress

Exclusive JV opportunity -- banana island, ikoyi *Prime Land for Luxury High-Rise Development* *Location:* Banana Island Estate, Ikoyi -- Nigeria's most prestigious address *Land Size:* 1,500.23 SQM *Land Value:* ₦5M per SQM *Total Land Value:* ₦7.501 Billion *Premium:* Subject to Discussion *Proposed Development:* - *Floors 1--2:* Car Park - *Floors 3--5:* Block of Luxury Apartments - *Floors 6--7:* 4 Units of 4-Bedroom Maisonettes - *Floor 8:* 2 Units of Exclusive Penthouses - Open to additional design options *JV Structure:* - *Sharing Formula:* 50/50 - *Facilitator's Fee:* 10% net *Why This Deal Stands Out:* - Rare JV slot in Elite Banana Island Estate - Perfect for luxury residential development with global buyer appeal - High demand for premium Ikoyi apartments = Strong roi *Engagement Terms:* Strictly for *direct developers or valid mandates of developers only*. Proof of capacity required. No brokers, no middlemen. Serious engagemen

Banana Island, Ikoyi, Lagos
1500 sqm
Toluwa Global Investment LTD
Featured
₦8,000,000,000

Mixed-use land joint venture

2000 SQM Joint Venture

Joint Venture Opportunity -- Banana Island, Ikoyi, Lagos 2,000 SQM Lagos State C of O Mixed Zone Land Value: ₦4M per SQM Proposed: High-Rise Premium: ₦300M Sharing: Open Facilitator's Fee: 10% --- Property & JV Overview - Location: Banana Island, Ikoyi, Lagos (Mixed Zone -- allows for residential and select commercial uses). - Land Size: 2,000 SQM. - Title: Lagos State Certificate of Occupancy (C of O) -- the strongest state‑issued title for this exclusive island. - Land Value: ₦4,000,000 per SQM. - Total Land Value: ₦8,000,000,000. - Premium: ₦300,000,000 (payable upon JV contract signing). - Proposed Development: High‑rise (specific height/storeys to be determined based on planning approvals). - JV Sharing Formula: Open for discussion (landowner : developer ratio to be negotiated). - Facilitator's Fee: 10% of land value (₦800 Million), payable upon JV agreement. --- Key Highlights - Africa's Most Exclusive Address: Banana Island is the pinnacle of luxury living in Nigeria -- unparalleled security, underground utilities, waterfront views, and prestige. - Mixed Zone Flexibility: Permits high‑rise residential and certain commercial uses (e.g., boutique hotel, corporate guest house, medical suites) -- maximizing development options. - Strong Lagos State C of O: Full government‑issued title -- bankable, transferable, and legally secure. - High‑Rise Potential: The site's location and zoning support a landmark tower, subject to necessary approvals. - Upfront Premium: ₦300M payable at contract signing -- ensures a serious, well‑capitalized development partner. - Open Sharing Ratio: Allows for tailored negotiation based on developer's proposed investment, construction cost, and risk allocation. --- ️ Development Potential Given Banana Island's mixed zone and high‑value context, potential concepts include: - Ultra‑luxury residential tower -- penthouses, full‑floor apartments, and duplexes. - Boutique hotel or branded residences -- partnering with an international hospitality brand. - Mixed‑use high‑rise -- ground floor retail/gallery, upper floors residential, rooftop amenities. - Corporate headquarters for a multinational or institutional investor. - Medical wellness centre with luxury apartments above. Design Notes: High‑rise construction on Banana Island requires adherence to estate covenants, setback rules, and height restrictions -- the mixed zone may permit taller structures than pure residential zones. --- Location Benefits -- Banana Island, Ikoyi - Unmatched Prestige: Home to billionaires, diplomats, and top executives -- addresses command ultimate respect. - World‑Class Infrastructure: 24/7 security, underground electricity, piped water, paved roads, central drainage. - Waterfront Environment: Man‑made island with lagoon views and potential for marina access. - Proximity to Business Hubs: Minutes from Ikoyi, Victoria Island, and Eko Atlantic. - High Demand, Low Supply: New development opportunities on Banana Island are exceptionally rare. --- Financial Structure - Land Contribution Value: ₦8 Billion. - Premium (Upfront): ₦300 Million -- payable to landowner immediately upon signing the JV contract. - Developer's Role: Provide 100% of construction financing, bank guarantee (likely), project management, and sales/letting. - Sharing Formula: Open -- to be negotiated based on total project cost, developer's risk, and expected returns. Typical models include: - 60:40, 55:45, or 50:50 in favor of landowner. - Tiered sharing based on sales milestones. - Facilitator's Fee: 10% of land value (₦800 Million), typically paid from landowner's share upon JV execution. --- Next Steps for Qualified Developers Interested developers should submit: 1. Letter of Intent (LOI) -- expressing interest and confirming ability to meet premium payment. 2. Company Profile -- with verifiable evidence of luxury high‑rise projects (10+ floors) in prime Lagos locations (Banana Island, Ikoyi, Victoria Island). 3. Proof of Funds -- bank statements or financing letters showing capacity for a project of this scale (construction cost estimated ₦20B--₦40B+). 4. Bank Guarantee -- ability to provide a performance guarantee as required. 5. Preliminary Concept Note -- initial vision for the high‑rise (height, unit mix, amenities, timeline) and proposed sharing ratio. Due Diligence: - Upon signing an nda and agreeing to terms, the facilitator will provide C of O, survey, and estate approvals. - Site inspection can be arranged for serious principals. Ideal Partner Profile: - Top‑tier real estate developer with a proven record in ultra‑luxury high‑rises on Banana Island or Ikoyi. - Strong financial capacity and access to construction finance. - Experience with mixed‑zone developments is a plus. Banana Island land for JV. Open sharing. High‑rise potential. Serious global‑calibre developers only -- with proof of funds and luxury track record.

Banana Island, Ikoyi, Lagos
2000 sqm
Ac Valour International
Featured
₦12,300,000,000

Mixed-use land joint venture

Vast Water Land for Reclamation with Huge Returns on Investment

Reclaimation joint venture Reclaiming 50 acres in banana island Supreme Court Judgement 60/40 sharing arrangement with the family. Premium 300m stands as owo iwoko. Facilitator's fee :10% of investor's alloted land to be given as land. A managing company with machineries for reclamation onground with some ground work done to expedite activities, the company are experienced in reclamation exercise with proven job done. The investor contributes the fund and company manages and executes the job. The 60% to investor is broken down as follows: Investor: 42% Company: 18% Projected investment: 12.3BN Expected revenue: 395BN More details broken for a ready and serious investors. Procedure: 1. Write a facilitator's agreement letter of 10% land allotted to you 2. Online meeting with management company 3. Site inspection 4. First phase of mobilisation for preparations of proposals, landscaping, 3D etc survey available for serious investor cadastral ready, other land registry on due course. Site mobilisation as soon as possible. Investment in batches ranging from 400M. We can have a meeting as soon as Expressions of Interest is submitted

Banana Island, Ikoyi, Lagos
Ambuiltech Project & Services Ventures LTD
8000SQM Dry Land
Featured
1
₦40,000,000,000

Mixed-use land for sale

8000SQM Dry Land

8000sqm for them at 40B net price off 1st Avenue with C of O Earth

Banana Island, Ikoyi, Lagos
Ikoyivi Properties
Featured
$17,000,000

Mixed-use land for sale

Super Commercial Building

Super commercial building sales in banana island Introducing iconic twin towers for big multinational. Towers info: Tower a = 10 floors Tower B = 11 floors Total Lettable Area : Approx 15,000m2 Each To Tower Details: Tower a 10 floors: Floor 3 - 9 @ 1020m2 per floor Tower B 11 floors: Floor 4-10 @ 1020m2 per floor Ground floor: Common Areas 220m2 1st & 2nd floors parking 20 bays allocated per lettable floors Total of 250 parking bays. Key features Full height glazing with moder facilities Raised floors and central air conditioning Advanced fire safety & access control system High speed elevators & Dedicated service Lift Fitness center, Cafe, and business grade amenities. Location Advantage: - Well planned infrastructure & road network - waterfront views & elite corporate neighborhood. Land Size: 4000m2 Title : Perfect Price: Call.....

Banana Island, Ikoyi, Lagos
4000 sqm
Kotoye and Co. Real Estate Ventures
Featured
₦5,000,000,000

Mixed-use land joint venture

Reclamation Project: 511 Acres

Reclamation project at the following areas: Banana Island; 511 Acres Ikoyi-Itedo; 531 Acres Eleko; 7000 Acres Victoria Garden City; 3000 Acres Title Document: Supreme Court judgement (1914). *Bio/Roof WhatsApp number Vol 19 29

Banana Island, Ikoyi, Lagos
Crestforesight Homes & Properties LTD
Featured
₦4,500,000

Mixed-use land for sale

2, 025 Square Meters

Banana island estate ikoyi close 313 2,025 square meters - Corner Piece Plot - Federal Title - Facing the Road N4.5mnet. Quiet and Fast Sale. Vol 19 43

Banana Island, Ikoyi, Lagos
2025 sqm
Crestforesight Homes & Properties LTD
Featured
₦4,500,000

Mixed-use land for sale

2025SQM Land

Ikoyi land for sale 2025sqm for sale Location : in banana Island, ikoyi, 3rd Avenue. Price: 4.5 mill per sqm Vol 21 16

3rd Avenue, Banana Island, Ikoyi, Lagos
2025 sqm
Crestforesight Homes & Properties LTD
Featured
₦9,000,000,000

Mixed-use land joint venture

A Bare Land Measuring 2300 SQM

Banana Island Jv Just out Land size 2300sqm Land title? Lagos state c of o Land value? 4m per sqm Preferred proposal : Apartments Premium: 300m awdeken

Banana Island, Ikoyi, Lagos
2300 sqm
Awodd Properties LTD
Corner Piece of Land
Featured
4
₦3,800,000

Mixed-use land for sale

Corner Piece of Land

Dry Corner piece Land For Sale in Banana Island. Option 1: 1000 sqm Price: 3.8M Per square meter Area: Mixed Used Title: C of O Option 2: 2000 sqm - Corner piece (Can be shared by 2 buyers) Price: 4.5M Per square meter Area: Residential Title: CofO Other options and size also available

Banana Island, Ikoyi, Lagos
1000 sqm
D&D Properties
Dry Corner Piece of Land
Featured
2
₦3,700,000

Mixed-use land for sale

Dry Corner Piece of Land

Dry Corner Piece of Land for Sale in Banana Island. Option 1: 1000 sqm Price: 3.7M per square meter Area: Mixed Use Title: C of O Option 2: 2000 sqm - Corner piece (Can be shared by 2 buyers) Price: 4.5M per square meter Area: Residential Title: CofO Other options and sizes also available

Banana Island, Ikoyi, Lagos
5000 sqm
Egcent Limited
500SQM of Land
Featured
1
₦4,500,000

Mixed-use land for sale

500SQM of Land

500SQM land in banana island C of O 4.5m per sqm

Banana Island, Ikoyi, Lagos
Arc Homes
Featured
₦3,500,000

Mixed-use land for sale

Land Measuring 1, 005SQM

*Quick Sale in Banana Island* Reclaimed land measuring 1,005sqm Price: N3.5m per sqm Title: Federal CofO

Banana Island, Ikoyi, Lagos
Almart Properties Limited
Land Measuring 1, 000SQM
Featured
1
₦4,300,000

Mixed-use land for sale

Land Measuring 1, 000SQM

Lands for sale in banana island 1000sqm (mixed zone) 4.3m per sqm Title: lagos state 10-3-2026 Oen

4th Avenue, Banana Island, Ikoyi, Lagos
1000 sqm
Breathing Space.
Direct Brief Land Size 1068 SQM Fenced & Gated
Featured
6
₦95,000,000

Mixed-use land for rent

Direct Brief Land Size 1068 SQM Fenced & Gated

Direct brief Exclusive Land in a mix zone Estate of Ikoyi, Lagos for rent Land Size 1068 SQM Fenced & Gated Location: Banana Island Estate, Ikoyi mixed-use zone Rent: NGN95M per annum. Let's have your offer Note: perfect for car park or storage, so much more... (temporary structures are allowed based on landowner Approval) Inspection is based on a scheduled appointment

Banana Island, Ikoyi, Lagos
1068 sqm
Berkly Facilities Services Limited
5, 291 SQM Prime Waterfront Land
Featured
3
₦21,160,000,000

Mixed-use land for sale

5, 291 SQM Prime Waterfront Land

*for sale* SlvKel *Waterfront Land -- Banana Island* 5291sqm in a mixed-development zone with Federal C of O. Price Range: ₦21.16B (₦4M/sqm) Prestige location. Prime waterfront. Rare offering.

Banana Island, Ikoyi, Lagos
360 Degree Properties LTD
Premium Land in a Secured Estate
Featured
2
₦80,000,000

Mixed-use land for rent

Premium Land in a Secured Estate

*for rent in ikoyi* *mix-use Land for Lease in Ikoyi* An exclusive plot measuring *1,068 SQM*, located in a high-end, estate in Ikoyi, Lagos. Location: *Banana Island ikoyi* (MIX- used ZONE) Land Size: *1,068 SQM* Status: *Fenced & Gated* Zoning: *Mixed-Use of Banana Island* Rent: *₦80M per annum* Ideal For: *Commercial or Residential Uses* Call/WhatsApp -- 07068076609

Banana Island, Ikoyi, Lagos
1068 sqm
Deherculean Enterprises
Featured
₦13,000,000,000

Mixed-use land for sale

3000 SQM Waterfront Land

3000 sqm waterfront land For sale in residential zone banana island Ikoyi, Lagos 4.2m Per sqm .

Banana Island, Ikoyi, Lagos
Apple Properties

Showing 1–20 of 75 properties

Area Guide

About Banana Island, Nigeria

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

There are 75 available mixed-use land in Banana Island, Ikoyi, Lagos. You can view and filter the list of property by price, furnishing and recency.