Properties for Sale in Banana Island, Ikoyi, Lagos

Browse verified properties for sale in Banana Island, Ikoyi, from apartments and duplexes to land and investment opportunities.

There are currently 29 properties listed in Banana Island, with asking prices from ₦648,960,000 to ₦43,000,000,000.

Compare current listings from developers and property owners, and speak with our team for inspections, documentation checks and negotiation.

Popular streets and estates in Ikoyi include Banana Island, Parkview, Osborne, Old Ikoyi, Bourdillon Road and Queens Drive.

Market snapshot · Banana Island

Newest listing added 6 Nov 2026
Listings
29
Price range
₦649M – ₦43B
Median price
₦2.7B
Average size
870 sqm
By size2-bed · 23-bed · 64-bed · 105-bed · 56-bed · 4
Type
Properties For SaleApartments For SaleDuplexesDetached DuplexesSemi-Detached DuplexesTerraced DuplexesLand For SaleOff-Plan PropertiesDistress Properties
Off-plan
Ikoyi Off-PlanLekki Off-PlanVictoria Island Off-PlanIbeju-Lekki Off-Plan
City
Lekki PropertiesIkoyi PropertiesAjah PropertiesVictoria Island PropertiesIbeju-Lekki Properties
Browse all properties
Four bedroom apartment in Banana Island
For saleOff-plan
₦1,312,400,000
Four bedroom apartment
Banana Island, Ikoyi, Lagos
4 beds4 baths
Listed Sept 2026
City guide
Living in Ikoyi

Ikoyi is one of the most affluent neighborhoods in Lagos, Nigeria. Strategically located on Lagos Island, it is bordered by Victoria Island and separated from the mainland by the Lagos Lagoon. Originally a colonial residential area, Ikoyi has evolved into a hub of luxury, diplomacy, and upper-class real estate. Its serene environment, clean streets, and security make it one of the most desirable places to live in Nigeria.

Frequently asked questions

How much do properties in Banana Island cost?

The 29 properties currently listed in Banana Island are priced from ₦648,960,000 to ₦43,000,000,000, with a median asking price of ₦2,725,000,000. Prices depend on size, finishing, title and exact location.

What sizes of properties are available in Banana Island?

Current listings in Banana Island include 2 × 2-bedroom, 6 × 3-bedroom, 10 × 4-bedroom, 5 × 5-bedroom, 4 × 6-bedroom.

Can I pay in instalments?

Many developers offer payment plans, especially on off-plan and newly built homes. Each listing shows its available payment options, and our team can help you negotiate terms.

Can I buy property in Banana Island from abroad?

Yes. Nigerians in the diaspora buy regularly with the help of a verified agent and a lawyer. Foreign nationals can also acquire property, subject to the Governor's consent required under the Land Use Act.

Are these listings verified?

Yes. Every listing is reviewed by our team before it is published, and we can arrange physical inspections and documentation checks before you commit.

Other Property Types in Banana Island

Apartments in Banana IslandDuplexes in Banana IslandDetached Duplexes in Banana IslandSemi-Detached Duplexes in Banana IslandTerraced Duplexes in Banana IslandLand in Banana Island

Nearby Areas in Ikoyi

Old Ikoyi

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