An Unprecedented Off-Plan Opportunity on Africa's Premier Island
Four fully detached, five-bedroom duplexes — each commanding over 500 square metres of private Banana Island land. A development of this specification, at this scale, on this address, is extraordinarily rare.
Banana Island sets the standard for residential prestige in Nigeria, and demand for genuinely detached, large-plot homes within the estate consistently outstrips supply by a significant margin. This development — comprising just four units, each with its own fully private land parcel — represents precisely the type of property that discerning buyers and investors actively seek but rarely find.
Delivered by Atlantis Construction Company Limited, the Group's specialist construction arm, these residences will be built to the same international specification that Atlantis applies to every project it undertakes. Purchasers benefit from First Equitorial's full ecosystem: the advisory expertise of First Equitorial Properties, the construction quality of Atlantis, and — post-handover — the management excellence of Spectrum Facility Management.
Choose Your Residence
Corner Plot — Garden Duplex
The largest plot in the development at approximately 540 sqm, with generous garden frontage on two sides and a double driveway. Exceptional outdoor entertaining potential.
Central Plot — Classic Duplex
A beautifully proportioned central plot of approximately 520 sqm with a formal front driveway, private rear garden, and the most symmetrical facade in the development.
Interior Plot — Garden Duplex
Quietly situated interior plot with a private, secluded character. Compact driveway and generous rear garden — ideal for those who value privacy above all else.
End Plot — Statement Duplex
The development's statement end plot at approximately 530 sqm, offering a generous side elevation, mature tree screening, and a premium street-facing position within the estate.
What Every Unit Includes
Spatial Layout
Banana Island — Life at Its Finest
A detached duplex on Banana Island offers something that no apartment development — however luxurious — can replicate: genuine privacy. Your own land. Your own walls. Your own gates. Your own garden. In a city as dynamic and populous as Lagos, that level of private space in the most prestigious address in Nigeria is, by any measure, extraordinary.
Unmatched Security
Multi-layered 24/7 controlled access with private patrols throughout the Banana Island estate. One of the most comprehensively secured residential addresses in West Africa.
Waterfront Island Living
Surrounded by the Lagos Lagoon, with private jetty access, water sports, and the unmatched serenity that only island living can provide — just 12 minutes from Victoria Island.
World-Class Schooling
British International School, Greenwood House, and St. Saviour's School are all within minutes of the estate — among the finest international schools available in Nigeria.
Infrastructure Excellence
Underground utilities, an independent power grid, private water treatment, and meticulously maintained road infrastructure — none of which is subject to the service disruptions experienced elsewhere in Lagos.
Why Buy Off-Plan Here
Purchasing off-plan on Banana Island is one of the most disciplined investment decisions available in the Nigerian real estate market. Off-plan pricing on this island historically sits at a discount of 15–25% to completed unit values — a premium that crystallises at handover and is immediately accessible to buyers who reserve early.
| Purchase Stage | Off-Plan — Under Construction |
| Payment Structure | 30% deposit · Balance on handover |
| Estimated Completion Premium | 15–25% above off-plan price |
| Capital Lock-in Period | ~18 months to Q4 2026 handover |
| Post-Completion Strategy | Owner-occupy, long-let, or short-let |
| Management Partner Available | Spectrum Facility Management Ltd. |
| Estimated Long-Let Yield | 6–9% gross on completed value |
| Title Available | On request under NDA |
