1282sqm Residential Plot for Sale, Banana Island

1282sqm Residential Plot for Sale, Banana Island - 1
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Price Analysis Above Market

Based on 1919 similar listings

Market Demand

High Demand

Details

Type
Residential Land
Title
Certificate of Occupancy
Address
Banana Island
Listing by
Agent
Property Use
Residential
Square meters
1,282 sqm
Type of Purchase
Outright Price
Development Status
Fully Developed

1282sqm Residential Plot for Sale, Banana Island Highlights

  • Prime Residential Location: Banana Island is a highly sought-after, exclusive residential area known for its upscale living and premium infrastructure. Properties here often benefit from excellent security and a prestigious address.
  • Certificate of Occupancy Title: A Certificate of Occupancy (C of O) is a vital legal document in Nigeria, signifying government consent and granting the holder the right to occupy and use the land. It is a strong indicator of clear title.
  • Ready for Development: This plot is marked as fully developed, suggesting that necessary infrastructure like road access, drainage, and potentially utility connections may already be in place or readily available. This can significantly reduce development time and costs.
  • Generous Plot Size: With 1282 square meters, this plot offers substantial space for building a substantial residential property, including a main house, guest house, or extensive landscaping. It allows for flexible architectural designs.
  • Outright Purchase Option: The 'Outright Price' purchase type means the buyer pays the full agreed amount in a single transaction, securing immediate ownership without the complexities of installment plans or financing. This offers clear and swift transfer of title.

Description

• Prime 1282 sqm residential plot located in the exclusive Banana Island zone. • Offered at NGN 5.8 million per square meter. • Possesses a valid Lagos State Certificate of Occupancy (C of O). • Ideal for developing a luxury residence in a sought-after area. • Flat topography ensuring ease of construction and optimal drainage. • Surrounded by high-value properties, indicating a stable investment. • Direct access to essential city infrastructure and amenities.

Compare

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TypeResidential LandMixed-use LandMixed-use Land
TitleCertificate of OccupancyCertificate of OccupancyCertificate of Occupancy
AddressBanana IslandAviation villaga kyamiKatampe Main
Listing byAgent—Agent
Property UseResidentialMixedMixed
Square meters1,282 sqm300,000 sqm7,200 sqm
Type of PurchaseOutright PriceOutright PriceOutright Price
Development StatusFully Developed—Fully Developed
Price₦ 7,435,600,000₦ 9,000,000,000₦ 6,000,000,000