Lifestyle
It is best suited to premium buyers and renters who prioritise privacy, security, prestige and access to Ikoyi and Victoria Island.
Best Estates and Neighbourhoods in Banana Island
Banana Island is one of Nigeria's most exclusive residential neighbourhoods, known for luxury homes, waterfront plots and controlled estate access.
Active listings
233
For sale
67
For rent
166
Price range
₦50,000 - ₦6,000,000,000
Banana Island area guide
Amenities
Residents benefit from estate security, waterfront views, premium infrastructure, private recreation and proximity to top professional services.
Transport and access
Access is through Ikoyi roads, so travel planning should factor in peak movement around Lagos Island and Victoria Island corridors.
Who it suits
Shortlist Banana Island when privacy, luxury specification, estate management and capital preservation are more important than broad affordability.
How to compare estates in Banana Island
Access
Check commute routes, estate gate flow and proximity to major roads.
Services
Review power arrangements, drainage, water supply, security and facility management.
Market fit
Compare service charges, title quality, resale demand and rental appeal.
2 Units of 6 Bedroom Detached Duplex in Banana Island Ikoyi
Banana Island, Ikoyi
₦6,000,000,000
5-Bedroom Fully Detached House
Banana Island, Ikoyi
₦4,000,000
5 Bedroom Fully Detached House
Banana Island, Ikoyi
₦2,500,000
Luxury 2 Bedroom Apartment with Open Plan Kitchen
Banana Island, Ikoyi
₦30,000,000
2 Bedroom Apartment with BQ
Banana Island, Ikoyi
₦30,000,000
Exclusively Finished 6 Bedroom Luxury Home with Cinema, Swimming Pool, BQ
Banana Island, Ikoyi
₦5,000,000,000
Frequently asked questions
Why are Banana Island properties expensive?
Prices reflect scarcity, waterfront positioning, controlled access, premium infrastructure and demand from top-end Lagos buyers and tenants.