Nigeria Property Centre

Residential Land in Old Ikoyi, Ikoyi, Lagos

There are 92 land for sale and rent in Old 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.

Land Measuring 1, 504SQM with a Dilapidated Structure
Premium
1
₦1

Residential land for sale

Land Measuring 1, 504SQM with a Dilapidated Structure

*1,504 Sqms With Structure Quick Sale In Old Ikoyi Directly On Alexander Avenue, Ikoyi 1,504 Sqms With a colonial-styled Dilapidated detached house Title: CofO Price: call for it.

Directly on Alexander Road, Old Ikoyi, Ikoyi, Lagos Added today
Breathing Space.
Land Measuring 1, 558SQM
Premium
1
₦4,300,000 per sq.m

Residential land for sale

Land Measuring 1, 558SQM

1,558sqm on ojora road, Old Ikoyi 4.3m per sqm Title:Lagos Cofo

Ojora Road, Old Ikoyi, Ikoyi, Lagos
1558 sqm
Breathing Space.
Premium
₦4,500,000 per sq.m

Residential land for sale

Prim E 2000 SQM Waterfront Land

Queens Drive, Old Ikoyi, Ikoyi, Lagos
1999 sqm
Ulodoye Estate Surveyors and Valuers
1998SQM Residential Bare Land
Premium
1
₦5,000,000,000

Residential land for sale

1998SQM Residential Bare Land

Land for sale 1,998 SQM of Land (BareLand) - Inside a Gated Estate. Title: C of O Location: Old Ikoyi. Price: 5B residential use (Suitable for high rise). Contact: 09043135508

Old Ikoyi, Ikoyi, Lagos
1998 sqm
Dannaproperties
Land
Premium
1
₦5,000,000

Residential land joint venture

Land

Bareland for Joint Venture at Old Ikoyi Lagos. Land size: 1768SQM value: N5m/m2 title: Lag State C of O & Deed of Gift proposal: 15-Storey Block of Flats with Penthouses, Multilevel Parking and a Retail Store. Sharing ratio: 60-40 (in favour of Developer). Premium: N500m facilitator's fee: 10% Net For Inspection and meeting with the property owner call Effiong on +2348061330319

Cameron Road, Old Ikoyi, Ikoyi, Lagos
1768 sqm
1digital Agency
Premium
₦4,000,000

Residential land for sale

2, 509SQM Land

Land on rumens road, old ikoyi ‎2,509sqm with demolishable structure on Rumens Road, Old Ikoyi ‎Title : Federal CofO ‎Price: N4m per sqm

Old Ikoyi, Ikoyi, Lagos
Kings Property
Premium
₦4,000,000

Residential land for sale

2, 419SQM Available

Land on rumens road, old ikoyi ‎2,419sqm bareland on Rumens Road, Old Ikoyi ‎Title : Federal CofO ‎Price: N4m per sqm

Ikoyi, Old Ikoyi, Ikoyi, Lagos
2419 sqm
Kings Property
550SQM Bare Land
Premium
1
₦5,000,000 per sq.m

Residential land for sale

550SQM Bare Land

550sqm for sale on Cameroon Road Old ikoyi, title c of o. price: 5m per square meter Contact: 09043135508

Cameron Road, Old Ikoyi, Ikoyi, Lagos
550 sqm
Dannaproperties
Premium
₦9,000,000,000

Residential land joint venture

Shovel Ready 2000SQM of Prime Land on Offer

Joint Venture Opportunity --- 2,000 sqm Prime Land on Tumble Road, Ikoyi Fed C of O (Ratified to State C of O) Summary Exclusive JV opportunity for an experienced developer: 2,000 sqm on Tumble Road, Ikoyi, with Federal C of O (ratified to State C of O). Owner seeks a developer to deliver 26 units of 2- and 3-bedroom apartments under a fixed 55:45 land-owner/developer split. No land premium. Immediate mobilisation required; Completion within 24 months. Quick Facts - Location: Tumble Road, Ikoyi, Lagos - Land Size: 2,000 sqm - Title: Federal Certificate of Occupancy --- ratification to State C of O completed - Valuation: ₦4,500,000 per sqm (Implied total land value: ₦9,000,000,000) - Premium: Nil - Proposed Scheme: 26 residential units (mix of 2- and 3-bedroom flats) --- detailed 3D design completed - Equity Split: 55% --- Land Owner (non-negotiable) / 45% --- Developer (non-negotiable) - Facilitators' Fee: 10% of total land value (indicative: ₦900,000,000) payable net as agreed - Approvals: Owner has obtained and paid for required approvals (documents available) - Required Delivery: Project to be completed within 24 months of mobilisation Why this JV is compelling - Prestigious Ikoyi address with sustained demand for high-quality residential developments and strong rental/resale values. - Substantial preparatory work already completed (approvals paid; 3D design available), materially reducing pre-construction lead time and soft costs. - Clear, attractive economics with no land premium and a definitive equity split --- allows the developer to focus capital on construction and execution. - Ideal for developers with a proven track record in premium Lagos neighbourhoods who can mobilise quickly and deliver to schedule. Developer selection criteria (mandatory) - Proven delivery of verifiable projects in Ikoyi, Victoria Island (VI) and/or Banana Island --- provide references and project evidence. - Demonstrable proof of funds or access to construction financing sufficient to commence works immediately upon signing. - Strong project management capability and capacity to complete the development within the 24-month timeframe. - Willingness to accept the stated equity split (55% land owner / 45% developer) and the facilitator fee structure. Owner's contributions (summary) - Land parcel with Fed C of O (ratified to State C of O) and all approved planning consents in place. - 3D design and approval documentation already completed and paid for. - Equity share as specified (55%). Developer's obligations (summary) - Provide construction financing and manage all construction activities to completion within 24 months. - Submit detailed project programme, construction methodology and mobilisation plan for owner approval prior to commencement. - Manage sales/marketing and handover in accordance with JV agreement or agreed terms. - Comply with all regulatory and statutory obligations throughout execution. Documents & due-diligence checklist (available/required) - Original Fed C of O and ratification documents to State C of O (available for verification) - Planning approval documents and stamped architectural/3D design files (available) - Survey plan and site coordinates; site inspection recommended to confirm boundaries - Structural and engineering drawings (to be provided) - Evidence of approvals fees paid and receipts (available) - Developer to provide: Loi, company profile, audited accounts/financials, proof of funds, project references and detailed project proposal (programme, budget, delivery milestones) - Legal searches at the Lands Registry and verification with relevant authorities (recommended) Financial summary (indicative) - Land value (2,000 sqm x ₦4,500,000/sqm): ₦9,000,000,000 - Facilitators' fee (10% of total land value): ₦900,000,000 (payable as agreed and subject to contract) Procedure / Next steps 1. Submit: Loi, company profile, detailed project proposal (including programme and financing plan) and facilitators' fee letter. 2. Preliminary screening and verification of developer credentials and proof of funds. 3. Site inspection and document verification. 4. Negotiate and conclude JV Agreement, including detailed project execution and exit/sales strategy. 5. Mobilisation and commencement immediately upon signing and evidence of funding. Only serious developers with verifiable credentials and immediate capacity to mobilise should apply. Legal / disclaimer All information provided is by the owner/agent. Prospective JV partners must conduct independent due diligence, conduct legal searches, and obtain professional advice before entering into any agreement. Terms are subject to contract. #ed/atafo

Turnbull Road, Old Ikoyi, Ikoyi, Lagos
2000 sqm
The Build Centre Properties
Slide to Watch Video of Building on a Prime Land
Premium
1 Video
₦4,200,000 per sq.m

Residential land for sale

Slide to Watch Video of Building on a Prime Land

New arrival new arrival Mansion on 2538 sqm pand 2538sqm probyn Rd ikoyi Lagos with lagos State CofO, price 4.2M per sqm Liv

Probyn Road, Old Ikoyi, Ikoyi, Lagos
2538 sqm
Gillards Property
1400SQM Land
Premium
1 Video
₦4,300,000

Residential land for sale

1400SQM Land

Bareland at mekwen , off queens drive , old ikoyi ‎ 1,400sqm land at Mekwen, Off Queens Drive, Old Ikoyi ‎Title: Federal CofO ‎ Price: N4. 3m per sqm Liv

Mekunwen Road, Old Ikoyi, Ikoyi, Lagos
Gillards Property
1200SQM Land
Premium
1
₦4,800,000,000

Residential land for sale

1200SQM Land

1200sqm Land @ Old Ikoyi off Thompson Road with Federal C of O. Price is N4.8b For further Enquires Please Contact Ahmed Ojikutu & Associates 1,Dele Adedayo Street, Ramat Ogudu GRA, Lagos State. 08037222205, 08051647747, 08098525477 Email: [email protected] [email protected] Website:ahmedojikutunassociates.com.ng

Off Thompson Road, Old Ikoyi, Ikoyi, Lagos
1200 sqm
Ahmed Ojikutu & Associates
2400SQM of Land
Premium
1
₦9,600,000,000

Residential land for sale

2400SQM of Land

2400sqm Land @ Old Ikoyi off Thompson Road with Federal C of O. Price is N9.6b For further Enquires Please Contact Ahmed Ojikutu & Associates 1,Dele Adedayo Street, Ramat Ogudu GRA, Lagos State. 08037222205, 08051647747, 08098525477 Email: [email protected] [email protected] Website:ahmedojikutunassociates.com.ng

Off Thompson Road, Old Ikoyi, Ikoyi, Lagos
2400 sqm
Ahmed Ojikutu & Associates
Premium
₦4,500,000

Residential land for sale

2, 048 SQM Available

Turnbull road, old ikoyi ‎2,048sqm land on Turnbull road, old ikoyi ‎Title: Lagos State C of O ‎Price: 4.5m per sqm

Old Ikoyi, Ikoyi, Lagos
Kings Property
Premium
₦4,300,000 per sq.m

Residential land for sale

Land at Ruxton Road Ikoyi

Land measuring 3000, 2000,4000m2 on Ruxton for ₦4.3mil per m2 Title: Fed c of o For inspection and payment please call Effiong on +2348061330319

Ruxton Road Ikoyi, Old Ikoyi, Ikoyi, Lagos
4000 sqm
1digital Agency
Premium
₦3,900,000 per sq.m

Residential land for sale

Land at Bank Road Ikoyi Lagos

Land measuring 1000m2 directly on Bank Rd ikoyi Lagos for ₦3.9mil per m2 Fed c of o. For inspections and payment please call Effiong on +2348061330319

Bank Road Ikoyi Lagos, Old Ikoyi, Ikoyi, Lagos
1000 sqm
1digital Agency
Premium
₦4,300,000 per sq.m

Residential land for sale

4000SQM Can Be Divided

Old Ikoyi Sale* Land measuring 3000, 2000,4000m2 Ruxton Street Price ₦4.3mil sqm Title: Fed c of o For: Elzzif gnoffe

Old Ikoyi, Ikoyi, Lagos
Rosemond Hills Limited
Premium
₦4,600,000,000

Residential land joint venture

Size-1600sqm

Old ikoyi, banana island, shoreline estates news.. Joint venture development located on adeyemi lawson, old ikoyi. Land size-1600sqm title-lagos state premium-1.4billion value-6.4billion (@4million per sqm) Proposal-detached houses, terraces or block of flats) Inalif

Adeyemi Lawson, Old Ikoyi, Old Ikoyi, Ikoyi, Lagos
Rosemond Hills Limited
Half Plot with State Title
Premium
2
₦4,500,000 per sq.m

Residential land for sale

Half Plot with State Title

gated locations Cameron road, Thompson, olu Holloway, Serene area 500ms550ms650m Others available May june

Old Ikoyi, Ikoyi, Lagos
Vallecano Ventures
645SQM Bare Land Temple Road / Olu Holloway Road, Old Ikoyi, Ikoyi,
Premium
2
₦4,500,000 per sq.m

Residential land for sale

645SQM Bare Land Temple Road / Olu Holloway Road, Old Ikoyi, Ikoyi,

Temple Road. Old Ikoyi. 645sqm. Lagos C of O. ₦4,500,000 Per Square Metre. This Is What a Clean Ikoyi Land Title Looks Like. And This Is the Street It Comes On. The problem Old Ikoyi land has a reputation problem --- not with its value, but with its availability. The streets that define the original Ikoyi --- the tree-lined, wide-road, established residential corridors that Lagos's most senior families, diplomats, and multinational executives have occupied for generations --- rarely release land to the open market. When they do, it is because of a specific circumstance: an estate settlement, a portfolio restructuring, a family decision, a motivated vendor whose timeline creates a window that closes faster than most buyers can form a view. Temple Road and Olu Holloway Road are exactly those streets. They are not addresses that appear in property listings frequently. They are the Ikoyi that people describe when they say Ikoyi --- the original layout, the mature canopy, the residential character that has been consistent for fifty years. The buildings on these streets tell you who has lived in Old Ikoyi across the generations of Lagos's corporate and political leadership. 645sqm of bare land on these streets, with a Lagos C of O, has entered the market today. The agitation Here is the specific cost of missing a clean Ikoyi land position when one becomes available. Old Ikoyi is the most supply-constrained residential land market in Lagos. The streets are finite. The plots are held by families and institutions who acquired them at a time when the per-sqm rate was a fraction of today's number. Those holders do not sell because they need to. They sell when circumstances specifically require it. The rate at which Old Ikoyi land at this per-sqm rate has entered the market and been absorbed in the last decade is the documented evidence of what happens when a qualified buyer delays the decision. The plot does not stay available. It transacts --- sometimes in days, sometimes in weeks --- to a buyer who was ready when the window opened. Compare the current position to what happened on the comparable streets in this same sub-corridor. The Kingsway Road cluster in Old Ikoyi, which was available at ₦4.5M per sqm --- the same per-sqm rate as this plot --- has moved. The Bourdillon Road parcels, also at ₦4M per sqm, have been absorbed into conversations that the undecided buyer was not part of. Temple Road and Olu Holloway Road is where you are now being offered the same entry into the same sub-corridor. The window on this specific plot opened today. The solution 645 square metres of bare residential land at the junction of Temple Road and Olu Holloway Road, Old Ikoyi, Ikoyi, Lagos. Lagos Certificate of Occupancy. ₦4,500,000 per square metre. Total acquisition cost: ₦2,902,500,000. Here is what this plot actually represents --- beyond the numbers: Temple Road and Olu Holloway Road, Old Ikoyi --- the specific address that defines what Ikoyi is. This is not Old Ikoyi as a postcode approximation. This is the interior residential core of the original planned Ikoyi --- the streets that were laid out before Lagos became what it is today and that have maintained their character, their tree canopy, their residential quality, and their address credibility through every cycle of Lagos's development. The homes on these streets belong to families whose names are part of Nigerian corporate, political, and diplomatic history. The address itself is a credential that no amount of development elsewhere in Lagos can replicate. You are not acquiring proximity to Old Ikoyi. You are acquiring Old Ikoyi. 645sqm --- the development footprint for a full residential statement. At 645sqm, the land accommodates a fully detached private residence with pool, compound, parking, BQ, and outdoor infrastructure without spatial compromise. Or a premium boutique residential development whose units address the highest-end buyer profile in Lagos. Both development paths are viable. Both produce finished properties whose exit value is determined by the address --- Temple Road, Old Ikoyi --- not just the building specification. The land is the leverage. Lagos Certificate of Occupancy --- the cleanest individual title in Lagos land law. This is not a Global C of O requiring derivation through a Deed of Assignment. This is not a Federal C of O requiring a different regulatory conversation. This is a Lagos C of O --- issued by Lagos State --- individually registered in the name of the current landowner, directly in the buyer's name upon transfer. There is no upgrade process. No post-purchase application. No conversion step. Your solicitor verifies the C of O. The transfer is completed. The title is in your name. The process from verification to completion is the most straightforward land title transaction available in Lagos residential property law. For a buyer who has looked at land positions across the Ikoyi corridor --- Kingsway, Bourdillon, Lugard Avenue, Queens Drive --- and has encountered Global C of O, Deed of Assignment, and Governor's Consent in various stages of completion, the Lagos C of O on Temple Road is the position where the title conversation is shortest and most definitive. Bare land --- ready to build on your timeline, to your specification, to your standard. No demolition. No encroachment resolution. No pre-existing structure embedding someone else's decisions into your build. You commission your architect. You appoint your contractor. You build the home or the development that Temple Road deserves and that your vision requires. The land does not impose any constraints on that vision beyond the plot boundary and the applicable Old Ikoyi building regulations --- which, if anything, protect the environment your building will sit in by ensuring the neighbours build to the same standard. ₦4,500,000 per sqm. Total: ₦2,902,500,000. At this per-sqm rate, Temple Road / Olu Holloway Road is priced consistently with the Kingsway Road corridor of Old Ikoyi --- the same sub-zone, the same address caliber, the same C of O title standard. For the developer or investor who has been tracking Ikoyi land at this price level, the per-sqm figure requires no explanation. It is the correct number for this street. The total acquisition of ₦2.9B is what owning 645sqm on Temple Road in the centre of Old Ikoyi costs in 2026. Old Ikoyi, Temple Road and Olu Holloway Road, does not flood. The original Ikoyi road network was planned and drained as part of the colonial-era infrastructure that predates most of Lagos's residential development. The streets and drainage of this sub-corridor have been managed and maintained for decades. This is among the most drainage-stable zones in the entire Lagos Island area. Smilebay Realties does not list properties in flood-prone areas. This plot on Temple Road, Old Ikoyi, was assessed against that standard before listing. It passed. Your land acquisition on one of Ikoyi's most established residential streets is protected from the rainy-season risk that affects less-managed or lower-lying Lagos addresses. The call to action Temple Road, Old Ikoyi. 645sqm. Lagos C of O. ₦4.5M per sqm. Total ₦2,902,500,000. Posted today. Available now. The buyer for this plot is in one of three positions: First --- a developer whose project requires an Old Ikoyi address and who understands what Temple Road / Olu Holloway Road produces as an exit address for finished residential units. Second --- a private principal whose home has been the deferred decision for long enough and who has the capital to acquire the correct Ikoyi land position and build exactly what they have been envisioning. Third --- a family office or investment portfolio adding Old Ikoyi land --- C of O titled, bare, ready to build --- as a naira-hedged, supply-constrained asset class whose appreciation history in this sub-corridor needs no projection to be credible. All three conversations start with the same call. Lagos C of O available for immediate solicitor review. Site visit arrangeable this week. Call or WhatsApp Smilebay Realties: +234 901 517 4801 Temple Road is not a street that waits. Neither does the buyer who moves when the window is open. 645sqm Bare Land --- Residential Temple Road / Olu Holloway Road, Old Ikoyi, Ikoyi, Lagos Title: Lagos Certificate of Occupancy --- Individually Registered Price: ₦4,500,000 per sqm Total Acquisition Cost: ₦2,902,500,000 Condition: Bare Land --- Ready to Build --- No Demolition Required Flood-Free --- Confirmed by Smilebay Realties Pre-Listing Assessment Listed by Smilebay Realties Limited --- Ref: 3541302

Temple Road/Olu Holloway Road, Old Ikoyi, Ikoyi, Lagos
645 sqm
Smilebay Realties Limited

Showing 1–20 of 92 properties

Area Guide

About Old 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.

Read the full area guide
FAQ

Frequently asked questions

There are 92 available residential land in Old Ikoyi, Ikoyi, Lagos. You can view and filter the list of property by price, furnishing and recency.