For Sale · Ikoyi

Property for Sale in Ikoyi

Luxury apartments, detached houses and verified land. Old Ikoyi · Banana Island · Parkview · Osborne · Falomo. Transparent pricing. Sourced and negotiated on your behalf.

✓ Verified listings only ₦700M – ₦7B+ By appointment

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Describe your requirement and we'll come back with matched options — usually within one business hour.

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Prefer to call? 0908 008 8779

Current price bands in Ikoyi

Guide prices based on verified listings we have handled or reviewed in Ikoyi. Actual prices vary by sub-location, plot size, finishing, age and title status.

Property type	Typical size	Price band
2-bedroom apartment	130 – 170 sqm	₦700M – ₦1.4B
3-bedroom apartment	180 – 240 sqm	₦1.1B – ₦2.2B
4-bedroom apartment / penthouse	280 – 420 sqm	₦2B – ₦3.5B
Semi-detached / terrace	250 – 350 sqm	₦1.5B – ₦2.8B
Detached duplex (Old Ikoyi)	400 – 700 sqm	₦3B – ₦7B+
Banana Island villa	800 – 1,500 sqm	$1.8M – $4.5M
Land (per sqm, guide)	—	₦2.5M – ₦4M

Ikoyi sub-locations we cover

Each micro-market has its own price band and buyer profile. If you know which one you want, we can move faster.

Old Ikoyi

Established, largest land plots, highest per-sqm land values. Redevelopment opportunities. Verified title essential.

Banana Island

Ultra-prime gated estate. Villas from $1.8M to $4.5M. Strong diaspora demand and resale liquidity.

Parkview Estate

Gated, security-focused, family-oriented. Apartments and detached homes. Consistently strong resale values.

Osborne Foreshore

Waterfront luxury. Grade A apartments and penthouses. Popular with expatriates and corporate tenants.

Falomo

Compact, well-serviced, close to the bridge. Strong serviced-apartment demand and good short-let yields.

Bourdillon & Glover

Roads that anchor the luxury market. Mixed-use permitted. High-rise development potential.

Why buy in Ikoyi

Scarcity. Old Ikoyi and Banana Island have effectively no new land supply. Every transaction permanently removes stock from the market.
Diaspora demand. Ikoyi is the top target for returning Nigerians and diaspora buyers. This sustains resale liquidity, unlike newer estates.
Land appreciation. Old Ikoyi land has historically outpaced inflation. Waterfront and corner plots command premiums above ₦4M per sqm.

Commercial gravity. Proximity to embassies, premium hospitality and multinationals supports rental demand at ₦15M–₦150M per annum.
Redevelopment upside. Old structures on large plots can be redeveloped into luxury duplexes or apartments — a common value-add strategy.
Title clarity. Most Ikoyi land has an established title chain. We verify before listing — never after.

How buying through us works

Send your brief

Name, WhatsApp, requirement and budget. One minute on your phone.

We match

We send verified listings that fit your brief — with prices, not "DM for price".

Inspect

We arrange and attend the inspection with you. No upfront inspection fee.

Offer & title search

We present your offer, run the Lands Bureau search, and coordinate legal completion.

Frequently asked questions

How much does a 4-bedroom house in Ikoyi cost?

A 4-bedroom detached house in Ikoyi typically sells between ₦3 billion and ₦7 billion depending on location, plot size, age and title. Old Ikoyi and Banana Island sit at the top of that range. Apartments sit lower at ₦2B–₦3.5B for penthouses and ₦1.1B–₦2.2B for 3-bedroom units.

What is the price of land per sqm in Old Ikoyi?

Verified Old Ikoyi land currently trades between ₦2.5 million and ₦4 million per square metre. Waterfront plots, corner plots and plots above 1,200 sqm command the upper end. Land in Banana Island typically trades higher at ₦3.5M–₦5M per sqm.

Is Banana Island worth the premium over Old Ikoyi?

For buyers prioritising security, prestige and diaspora resale liquidity, yes. Banana Island villas currently trade between $1.8 million and $4.5 million. For buyers prioritising land value and redevelopment potential, Old Ikoyi is generally the better long-term play.

What title should I verify before buying in Ikoyi?

Certificate of Occupancy or Governor's Consent, a current registered survey plan, the deed of assignment with an unbroken chain of title, and Land Use Charge receipts. We coordinate a Lands Bureau search and physical beacon verification before any payment.

Can a foreigner buy property in Ikoyi?

Foreigners can buy leasehold interests and apartments in Nigeria. Freehold land cannot be owned outright by non-Nigerians, but long leases and company-owned structures are common and legitimate. We advise on structure before you commit.

How long does a title search take in Ikoyi?

Typically 10 to 21 working days at the Lagos State Lands Bureau. We coordinate the search on your behalf and provide a written report before you release funds.