Land for sale in Banana Island is exclusive and quite price but it is an ideal investment as a lot of people including expatriate prefer living in Banana Island and would love to rent or buy properties in the area. Buying a piece of land in the Banana Island allows you build a structure of your choice either residential or commercial buildings.
What does it cost to join the class of the rich and renowned like Mike Adenuga (Globacom), Tayo Ayeni (Skymit Motors) and Sayyu L. Dantata (MRS Oil) among a host of other wealthy folks who have invested in properties for sale in Banana Island? The cost of land on Banana Island has acknowledged to the degree that a land size of 1000 square meters offers between N160,000,000 to N200,000,000 and a plot of land size of 2000 square meters offers between N320,000,000 to N400,000,000. In spite of the fact that, there are some extraordinary plots that are sold above N600,000,000 per plot.
Banana Island is entirely low-density residential, hence, structures are not to surpass three stories. On a hectare, just 20 units of a building are suitable; yet for 1000 square meters arrive, three families or houses can be assembled. This can either be isolated or semi-disengaged houses relying upon the proprietor. What decides the number of units, which can be set on a land, is the thickness scope of the land i.e. the space accessible on the land. Inasmuch as Banana Island is residential, there is land there with Federal C of O with commercial permits.
Banana Island, which is a prime land goal in Nigeria, is an exceptionally upscale private neighbourhood situated in Ikoyi on the Island of Lagos. Portrayed by Forbes Magazine as the restrictive play area of Nigeria's high and mighty, Banana Island is a world all alone which is self-serving to its inhabitants as the area gives additional extravagant facilities that are not regular with different zones in Nigeria. These incorporate a focal sewage arrangement of plants, super tight safety efforts, costly street format, day in and day out the supply of power and water and underground electrical supply frameworks.
Ostensibly, the most elite home in Lagos (and by expansion Nigeria), Banana Island is home to a wide range of obscure structures and homes. The island is isolated into around 535 plots running in size from 1,000 square meters to 12, 000 square meters gathered in zones in sequential order arrange from A to R.