Banana Island hosts several high end residential developments such as Ocean Parade Towers [5] - a series of 14 luxury tower blocks strategically situated at one end of the island to take advantage of 180 degree panoramic views overlooking the lagoon. by Eddie Mensa at 10:43am, Friday 15 January 2021 at 10:43am, Friday 15 January 2021. Banana Island is an artificial island in Lagos State, Nigeria. Several estates in South Africa, UK etc are much more organized, and beautiful than banana Island, yet much cheaper. Order and stability. As mentioned before, Chidi Oke has some wealthy and famous neighbours, and to join this exclusive club, you need to be ready to pay. Copyright Stears News Limited 2021. Just think, property here is priced in dollars. Starchitect Yamasaki's replica twin towers comprised the flagship iconic building on the main island. How consumption determines the economic impact of pandemics. Some bit of the Lagos Local Government Area of Eti-Osa in Central Lagos, it is known for its well off, multi-social gathering and has without a doubt the most exorbitant land in Nigeria. Banana Island sits on approximately 1,630,000 square metres of land, which spills into the Lagos Lagoon, and has become a Nigerian version of Beverly Hills and Burj Khalifa. In Nigeria, these all cost money. All of these things make the estate attractive and expensive,” says Ikenna on why property here is so expensive. Every Real Estate in Nigeria posted on this site is verified by real estate agents in Banana Island, Ikoyi, Lagos. It is here that Chidi Oke, a former resident of Victoria Island, moved to join Nigeria’s wealthiest and most prominent people on the man-made Banana shaped estate. The residents of Banana Island may temporarily escape the dysfunction of Nigeria when they retreat to their homes, but they can never really leave it behind. Residents are aware of this; some embrace the exclusivity, others consider it with unease. The bell is rung only when the food is ready. It is located in the Lagos Lagoon and is connected to Ikoyi Island by a dedicated road which is linked to the existing road network near Parkview Estate.The island was constructed by the Lebanese-Nigerian Chagoury Group in partnership with the Federal Ministry of … We wanted somewhere more quiet and partitioned,” Chidi says. Aliko Dangote is a Nigerian entrepreneur, investor and a business magnate. The cost of housing is a result of many factors. After confirming the magic word to another security guard, he waves me through. It is a picture of what Lagos could be, if not in the future, but in another world. Be like a cook. The irony of Banana Island is its presence in a country where 62% of people live on less than $2 a day. Banana Island is an artificial isle near Lagos in Nigeria, where the most expensive houses in the whole country are situated. You get this 'oh wow, you live in Banana Island?' What Banana Island looks like is what every street in Nigeria should be. Cooks don’t ring bells when they are cooking. “At the very least there’s 20 hours’ worth of electricity in Banana Island,” says Chidi on the state of power in the Estate. For example, according to Chidi, a bad road within the estate will likely be fixed in a week or two. Mike Adenuga is a Nigerian entrepreneur, investor and a business magnate. Similar to many of the developments on the island, it has dedicated leisure facilities such as a private health club - with tennis courts, squash courts and a swimming pool surrounded by extensive gardens. Empress Jamila Cold Store—For You Today, On Christmas and Every Other Day. It`s the Nigerian`s most extravagant, luxurious and expensive neighborhood. It is located in the Lagos Lagoon and is connected to Ikoyi Island by a dedicated road which is linked to the existing road network near Parkview Estate. Copyright © Stears News Limited 2021 All rights reserved. 46 Likes 1 Share; Re: Banana Island In Pictures by Nobody: 9:45pm On Dec 12, 2014; The Rich-Poor gap is just too much. “Banana Island has a lot of things that make it stand out from the average Nigerian estate. Banana Island is different. His most ambitious project was developing one of the first man-made islands in the world — Banana Island in Lagos, Nigeria, starting in the late ’70s. En réalité, il s'agit d'une presqu'île et non d'une île : des terres gagnées sur les marécages entourant l'île d'Ikoyi. Resting at the Northeastern corner of Ikoyi, it is as if the estate and its residents don’t want to be found. Aliko Dangote. It is a zone of Ikoyi, Lagos, Nigeria, 8.6 kilometers east of Tafawa Balewa Square. Uniquely designed Waterfront detached house with all room ensuite 7 bedrooms, 3 living rooms , swimming pool, external lounge and play area for the children, maids quarters all on 4 floors with elevator and jetty , sitting on 600sqm land size available for sale in a close of the residential waterways of banana island Ikoyi Lagos Every Real Estate in Nigeria posted on this site is verified by real estate agents in Banana Island, Ikoyi, Lagos. Banana Island doit son nom à sa topographie en forme de Banane. On the residential side of the Island, planning permission is not granted for dwellings over 3 storeys high. Banana Island is an artificial island off the foreshore of Ikoyi, Lagos, Nigeria. It is located in the Lagos Lagoon and attached to the North-Eastern Ikoyi Island by a dedicated road strip which is linked to the existing road network. Ikenna Ume- Ezeoke is the Managing Director of Turquoise Construction Ltd. and has been working as a civil engineer in Banana Island for close to seven months. “People are excited about it. Banana Island, is an area of Ikoyi, Lagos, Nigeria, 8.6 kilometers east of Tafawa Balewa Square and is part of the Lagos Local Government Area of Eti-Osa in Central Lagos. This is Banana Island, Nigeria’s most exclusive estate, where secret passcodes are exchanged like in a bad spy movie. He had deals with McDonalds, Disney, and others, and sunk all his money into the project. Banana Island, which is a prime land goal in Nigeria, is an exceptionally upscale private neighbourhood situated in Ikoyi on the Island of Lagos. The Size of Banana Island Banana Island occupies a sand-filled area of approximately 1,630,000 (1.6 million) square meters and is divided into 536 plots (of between 1000 and 4000 square meters in size). Linda Ikeji. We offer Nigerian property seekers an easy way to find details of property in Nigeria like homes, houses, lands, shops, office spaces and other commercial property. Mike Adenuga. All it takes is money, planning and a vision. You may not know Mr Oke, but you know his neighbours. Banana Island, which is Nigeria’s answer to Paris’s Seventh Arrondissement, San Diego’s La Jolla, New York City’s Tribeca and Tokyo’s Shibuya and Roppongi, is a … Banana Island has one of the highest density of millionaires within its boundaries. I do laff wen pple say "dia is no money in Nigeria".in dis Nigeria we hav pple usin cars dat worth 28milion naira,we av pple livin in banana island.I will surely mak it in dis country called Nigeria by God grace. Today we are going to tell you about … We have a total of 1,266 House for sale in Banana Island Ikoyi Lagos updated on 21 Jan 2021 . Victoria Island is also the home of the wealthy but offered little protection from the hustle and bustle of Lagos. He wanted to create a development that would "Make Nigeria Proud", and engaged Minoru Yamasaki the architect of Manhattan's World Trade Centre 'Twin Towers' building. He puts the average price of renting an apartment in the estate at $22,000 to $150,000 a year – depending on what end of the estate the house is located. Banana Island, Lagos Real Estate is the most wanted area of houses in all Nigeria! You can compare it with neighborhoods, like Tokyo`s Shibuya, La Jolla in San Diego or the Seventh Arrondissement in Paris. One of them is the calibre of people living in the estate. Announce your victories instead. [3], It occupies a sand-filled area of approximately 1,630,000 square metres and is divided into 536 plots (of between 1000 and 4000 square metres in size) mainly arranged along cul-de-sacs, so designed to enhance the historically residential nature of Ikoyi. Announcing your plans is to supply your enemies with the ammunition ... they need to shoot down those plans. It is located in the Lagos Lagoon and is connected to Ikoyi Island by a dedicated road which is linked to the existing road network near Parkview Estate. Every locality should have a park where people can relax, that should not be a luxury. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without written permission from Stears Business. FOR SALE ON BANANA ISLAND, IKOYI: TASTEFULLY FINISHED 5 BEDROOM FULLY DETACHED HOUSE ON BANANA ISLAND, IKOYI, LAGOS 5 bedroom fully detached house on 950 Square Metre land. Alhassan Dantata. Nigeria Property Centre (NPC) is a leading property website in Nigeria with property listings for sale, rent and lease. All rights reserved. No one needs to travel for miles to enjoy social amenities. The comfort of the estate comes at a price, one the average Nigerian would find shocking. Today at 12:01 AM. The deliberate zoning, the constant security and access to power, well-maintained amenities. Or, at least, a reminder of the ridiculous cost of success here. The constant electricity in the estate is a big deal; after all, Nigeria has the second worst power supply in the world, and the rest of the country is almost always in darkness. Averagely, the price of a luxury flat in Banana Island ranges between $130,000 and $200,000. Among these properties are houses, lands, shops, apartments, flats and commercial spaces in Banana Island, Ikoyi, Lagos.