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Land for sale Banana Island Ikoyi Lagos
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₦ 4,000,000

Property address

​PID: 1QBNZ

Banana Island Ikoyi Lagos

Last updated 2026-09-16 09:54:57.0
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Description

Prime Waterfront Property Measuring 8000 sqm in Banana Island, Ikoyi, Lagos

This is a rare and highly strategic waterfront land opportunity is available in the prestigious Banana Island, Lagos; one of the most exclusive and sought-after residential and investment locations in Nigeria.

With a substantial 8,000 sqm waterfront land area, this property presents an exceptional opportunity for investors, developers, luxury hospitality brands, and high-net-worth individuals seeking a prime development site with significant long-term value.

DEVELOPMENT POTENTIAL
The property's prime waterfront positioning, substantial land area, and prestigious Banana Island address make it particularly attractive for high-value developments.

Potential uses may include:

Luxury waterfront residences
Premium apartments
High-end serviced residences
Exclusive hospitality or lifestyle development
Other prestigious waterfront projects

WHY THIS OPPORTUNITY STANDS OUT
Prime waterfront location
Situated in the prestigious Banana Island
Large and strategically positioned land area
Flexible acquisition structure; outright sale or JV
Strong appeal to luxury property developers and investors
Excellent potential for long-term capital appreciation
Rare opportunity to secure substantial waterfront land in one of Lagos' most exclusive locations

?? Value: ?4,000,000 per sqm
?? Title: Certificate of Occupancy (C of O)

The landlord is open to:
* 4,600 sqm - For Sale
* 3,400 sqm - Joint Venture (JV)

N.B: A prime waterfront opportunity in one of Lagos' most sought-after locations.

Image code: CPP LD426

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Insight for Land for sale Banana Island Ikoyi Lagos

Average House Price for last month

NGN 8.00 million

Price Change in last 6 months

NGN 0.00 0.00 %

Historical Price

6 Months Ago

NGN 9.00 million
0.00

1 year Ago

NGN 8.50 million
12.50

2 years Ago

NGN 7.18 million
59.29