Bella Vista Residence

Situated within the prestigious Bella Vista Estate on Banana Island — Africa's most exclusive man-made island — this fully renovated 5-bedroom penthouse represents a rare opportunity to acquire a world-class residence in Nigeria's most coveted address.

This property has been comprehensively modernised to the highest specification, presenting as new throughout. The renovation has been executed with exceptional attention to detail, delivering a home that rivals the finest international luxury residences in both quality and finish. Every space has been conceived for both comfort and entertainment, with generous proportions and a natural flow between principal rooms.

Held under a Deed of Assignment, this property offers buyers the security of a clean, unencumbered title — a prerequisite for any serious acquisition in this tier of the market. First Equitorial Properties Limited has conducted full title verification, and all documentation is in order.

Banana Island is a man-made island development in the Lagos Lagoon — consistently ranked as the wealthiest square footage in Nigeria. It is home to diplomats, captains of industry, and global expatriates who demand the absolute best in security, infrastructure, and privacy. The island features underground utilities, dedicated power supply, private security patrols, and a serene, palm-lined environment entirely removed from the energy of mainland Lagos.

Banana Island has never meaningfully depreciated over any rolling five-year period — a record unmatched by any other residential address in Nigeria. For the discerning investor, this property offers both the pleasure of an extraordinary residence and the security of an asset class with a proven track record of capital preservation and appreciation.

The penthouse format — particularly in a fully renovated, gated estate on Banana Island — commands a consistent rental premium of 20–35% over comparable standard floor units. For investors seeking yield alongside capital appreciation, this property is well positioned to generate exceptional returns in both the long-let and short-let markets, given the deep demand from multinationals, oil majors, and diplomatic missions for premium executive accommodation in this precise location.

Title: Deed of Assignment. First Equitorial has verified the title and all documentation. Full legal pack available upon execution of a Non-Disclosure Agreement by serious purchasers.