Banana Island Estate
Banana Island, Ikoyi, Lagos 106104, Lagos, Nigeria
About This Estate
on a man-made peninsula in Ikoyi, the very name 'Banana Island' carries a certain weight in Lagos. Driving through its secured gates feels like entering a different Naija entirely—one with silent, palm-lined streets, manicured lawns, and architectural marvels standing shoulder-to-shoulder. This is the pinnacle of luxury living, where the constant hum of the city is replaced by the gentle whir of central AC units and private generators ensuring 24/7 power. The island is a self-contained oasis. Residents live a wahala-free life with private jetties for boat rides, high-end clubs, and a palpable sense of security. It’s more than a gated estate; it’s a powerful statement, a world of its own where Lagos’s hustle feels a million miles away, even though the bustling mainland is just across the water.
Price Range
Banana Island is Lagos's ultimate luxury gated estate. It's a man-made island in Ikoyi with top-tier security and full infrastructure, including constant power. This is where Nigeria's elite and top expats live. Properties here are strictly for the high-end market. A plot of land alone can cost from ₦500 million upwards. Buying a built house? You're looking at ₦1.5 billion to over ₦10 billion. Annual rents for a standard 5-bedroom mansion easily range from ₦25 million to ₦80 million or more. It's the peak of a wahala-free, luxurious Naija lifestyle.
Property Type
Banana Island is a man-made, high-security peninsula in Ikoyi. It's a gated community with top-tier infrastructure and 24/7 power. You'll find mostly luxury detached houses and a few modern apartment blocks. Properties are large, often with pools and generous quarters. Commercial spaces are limited to a few office buildings. Land is scarce; vacant plots are rare and sell for hundreds of millions of Naira. Renting a house here starts from around ₦25 million per annum. It offers a truly wahala-free, exclusive environment, but comes with a premium price tag for maintenance and security.
Development Status
If you're looking for Banana Island, you've arrived at Nigeria's most exclusive gated estate. Forget thinking it's an actual island with bananas—this is pure luxury, fully developed with no empty plots left. The place is a maze of pristine streets, mega-mansions, and high-rises, all complete and occupied. Getting in requires passing security at the bridge, and once inside, you'll find everything from The Manor by Persianas to private polo clubs. The main road loops around the whole estate, so if you miss a turn, just follow it—you'll circle back. Future expansion? They've reclaimed all the land they can; the focus now is on upgrading existing properties. It's the ultimate wahala-free bubble, but with Lagos traffic, plan your trips out carefully.
Location Type
Banana Island is Nigeria's most exclusive residential estate. This man-made island in Ikoyi is a fully serviced, gated community with top-tier security. It's the definition of luxury living in Lagos. You'll find sprawling mansions, modern penthouses, and high-rise apartments. Expect 24/7 power, dedicated water supply, and pristine roads. The community is self-contained with its own amenities. Properties here are premium investments. A 5-bedroom mansion can easily go for ₦750 million and above. It's the ultimate address for those seeking a serene, wahala-free environment right in the heart of Lagos.
Infrastructure Quality
Banana Island is the peak of Lagos luxury living. The infrastructure is top-tier. Roads are wide, well-paved, and constantly maintained. You get 24/7 power, supported by a central generator, so you'll rarely use your own. Water supply is reliable, with a central borehole system. Fibre internet from providers like Spectranet and IPNX is available. Security is airtight. It's a fully gated, strictly access-controlled estate with armed police and numerous private guards. Maintenance standards are high, reflected in the high service charge. Plots here start from around ₦600 million, making it a prime, wahala-free investment for the elite.
Key Features
Banana Island! you're looking at the absolute peak of Lagos living. This man-made island in Ikoyi is a world of its own, a true wahala-free sanctuary. We're talking ultra-exclusive gated estates with prime real estate. Expect massive mansions, some going for over ₦2.5 billion, with private pools and direct waterfront access. The roads are wide and well-maintained, a rare luxury. You'll have constant power, top-tier security, and amenities like a golf course and polo club right on your doorstep. It’s the ultimate "I have arrived" address, home to top CEOs and celebrities. It’s not just a house; it's a statement on the Lagos lagoon.
Community Features
Banana Island in Ikoyi! You're talking about the pinnacle of Naija luxury living, my friend. This man-made island is a world of its own—a completely private, gated estate with top-tier security, so you can enjoy a truly wahala-free life. For recreation, you have the prestigious Ikoyi Club 1938 right at the entrance, plus the Banana Island Recreation Centre with its pools, tennis courts, and gym. The streets are wide and well-lit, with beautiful landscaping. Forget about "light" issues; the estate runs on a central independent power system, and most homes have their own boreholes and massive generators. Landmarks? Just tell any driver "Ikoyi Club" or the "Banana Island bridge," and they'll know. It's the ultimate address for those who want exclusivity and every amenity at their doorstep.
Nearby Landmarks
Banana Island! You're looking at the peak of Naija luxury living, my friend. This man-made island in Ikoyi is the ultimate "wahala-free" zone, strictly for the high and mighty. Right on the island, you have the prestigious British International School and the top-notch Reddington Hospital for emergencies. For shopping, the Ikoyi Mall and the bustling Falomo Shopping Centre are just a short drive away through the link bridge. Your major office hubs in Ikoyi and Victoria Island are easily accessible, avoiding the worst of the mainland traffic. When you need to unwind, the nearby Ikoyi Club 1938 and the recreation park on the island itself are perfect. Honestly, if you can manage the price tag—we're talking hundreds of millions for a plot—you're settling into the most secure and exclusive gated estate Lagos has to offer. No be small thing
Developer
Banana Island! The name alone tells you we're talking about the peak of Lagos living. This man-made island in Ikoyi is managed by the Nigerian Federal Ministry of Works and Housing, but the real story is the top-tier development by various high-profile builders. You'll find the handiwork of firms like Persianas and others known for landmark projects like The Wings Towers and The Octagon. We're talking about a fully serviced, ultra-exclusive gated community. The level of planning here is next level—underground cabling, central sewage, the works. Forget generator wahala; they have a dedicated power supply. The price tag? Well, for a plot of land, you're looking at anywhere from ₦500 million and up, easily. It's a world of its own, truly.
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