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Top 6 Reasons Why Real Estate In Banana Island Is The Most Expensive When Compar by Joetoniruest: 6:10pm On May 27, 2016
Introduction
Banana Island, is an area of Lagos Island, grouped under Eti-Osa Local Government Area, situated around Ikoyi, Lagos, Nigeria 8.6 kilometres east of Tafawa Belewa Square. This wealthy neighbourhood is known for its multi-cultural community and some of the most expensive real estate is found here. If you are searching for the highly influential, wealthy, top shots in town, you should search no further than Banana Island. From Luxurious homes, to stylish houses, beautiful views, with a well regulated commercial area.

If you never heard about the Island, now you know. Banana Island is Nigeria’s most extravagant and expensive neighbourhood which can be compared with the Seventh Arrondissement in Paris, La Jolla in San Diego, California and Tokyo’s Shibuya or Roppongi neighborhoods.
According to Elites Magazine, this amazing island has become the most preferred dwelling place of the rich. Due to how much houses cost in Banana Island, the middle class are left with options like Lekki, Victoria Island, Ikeja GRA and the likes. A first time visitor to this island is welcomed by well laid lawns with beautiful flowers and well paved roads... and to crown it, the untainted environment surrounded by quietude makes it even more adorable and attractive.

The exclusive playground of Nigeria’s obscenely wealthy, Banana Island is an artificial island built on reclaimed land in North-Eastern Ikoyi-Lagos. From an aerial view, the island is actually shaped like a banana, hence its name. Sitting on 1.6 million square meters, the sumptuous island is divided into about 535 plots ranging in size from 1,000 square meters and 3,000 square meters.
Banana Island is a place of unrivalled opulence and grandeur. It’s an entirely different world from other parts of the country.
1) Security
Banana Island is a gated community, meaning exit and entry are monitored, this makes it highly secured. What is luxury if there is no security? Of course terror! Banana Island bridges security gap and optimizes safety for it dwellers.
2) 24/7 power supply
‘’Nepa don take light’’ is a popular and most common phrase amongst Nigerians due to electrical failure but in Banana Island there is never power failure, if at all, it will certainly last only few minutes and its inhabitants enjoy such luxuries as underground electrical systems, the only other place such privileged is the Nigerian President’s villa (Aso rock).
3) Excellent Clean Water Supply
In Banana Island the water supply networks systems are on point. Not only do they have steady water supply but also well treated water. Those staying around the Lekki axis know it is luxury to have clean water without the harsh odour of chlorine due to the bad filtration process. In Banana Island we can say the filtration process is excellent.
4) Good Road Networks
Good road layout is a major advantage of Banana Island. Most cars owners in Lagos cry day and night about how bad their roads are and how much negative effect it has on their cars but the case is different on this Island.
5) Banana Island is a serine environment
Banana Island has a central sewage system and treatment plant. We all know the importance of green areas and how it helps extract carbon dioxide from our air, well laid out green environment is one major setback with residential areas like Lekki and its surrounding but in Banana Island trees are planted in canopy form to serve as umbrella and to supply fresh air. a central sewage system and treatment plant and the well-cherished company of fellow wealthy folks.
6) Well-cherished company...
.. of wealth folks
Hmmmm need we say more?
Talking of how much a plot of land cost, land in Banana Island goes for hundreds of millions of naira, however in most cases factorizing the size, land goes for billions of naira. Most multinational companies have taken Banana Island to be their regional headquarters.
Written by Blecyn George Monsi

****

Happy Holiday Everyone

15 Likes 5 Shares

Re: Top 6 Reasons Why Real Estate In Banana Island Is The Most Expensive When Compar by CzarRex: 6:40am On May 28, 2016
FTC

waiting for those igbo boys to storm this thread claiming they were the ones who developed banana island.

38 Likes

Re: Top 6 Reasons Why Real Estate In Banana Island Is The Most Expensive When Compar by lifezone247(m): 6:40am On May 28, 2016
Ok, now that I know, let me go get one, I'm tired of those my other houses in USA and UK, the tax is too much.................
...........wake up from sleep and dream plz is there environmental in Lagos today?

5 Likes

Re: Top 6 Reasons Why Real Estate In Banana Island Is The Most Expensive When Compar by Nobody: 6:41am On May 28, 2016
Houses in maitama abuja are expensive than that of banana island

36 Likes 1 Share

Re: Top 6 Reasons Why Real Estate In Banana Island Is The Most Expensive When Compar by bigboss80s(m): 6:42am On May 28, 2016
Did u just compare Banana Island to upscale areas in France? Those places are not just expensive because of good-looking buildings. These are fully developed and truly secure neighbourhoods not just cute buildings with crime-ridden, nasty looking surroundings. We still haven't grasped the idea of true development in this country and until we do we should not even attempt to compare ourselves to developed countries. We are light years behind them.

37 Likes 4 Shares

Re: Top 6 Reasons Why Real Estate In Banana Island Is The Most Expensive When Compar by webarse: 6:43am On May 28, 2016
Perhaps adding a few pictures would have gone a really long way @OP.....FTC Unbelievable. I am Dabbing this grin grin grin....awww they don snatch am.

20 Likes

Re: Top 6 Reasons Why Real Estate In Banana Island Is The Most Expensive When Compar by wilcox(m): 6:44am On May 28, 2016
Am still not convinced. I can create my plantain Island myself. The hyping is ridiculous

8 Likes 2 Shares

Re: Top 6 Reasons Why Real Estate In Banana Island Is The Most Expensive When Compar by sheunflexy(m): 6:44am On May 28, 2016
hmmmm
Re: Top 6 Reasons Why Real Estate In Banana Island Is The Most Expensive When Compar by Barselonia(m): 6:44am On May 28, 2016
Okay..
this one way una dey shout banana island by the time dem TOMATO island, una go fear oo

3 Likes

Re: Top 6 Reasons Why Real Estate In Banana Island Is The Most Expensive When Compar by rabdeluxe(m): 6:44am On May 28, 2016
You don't need to tell me this, I own a house there!!! grin grin grin

1 Like 1 Share

Re: Top 6 Reasons Why Real Estate In Banana Island Is The Most Expensive When Compar by flyca: 6:45am On May 28, 2016
1) Security
2) 24/7 power supply
3) Excellent Clean Water Supply
4) Good Road Networks
5) Serene Environmet
6) Well-cherished company...

Funny country! In sane societies, you dont have to be so rich or special to have access to these.

174 Likes 17 Shares

Re: Top 6 Reasons Why Real Estate In Banana Island Is The Most Expensive When Compar by Millz404(m): 6:45am On May 28, 2016
Pictures or....

1 Like

Re: Top 6 Reasons Why Real Estate In Banana Island Is The Most Expensive When Compar by coliobabs(m): 6:45am On May 28, 2016
Ok
Re: Top 6 Reasons Why Real Estate In Banana Island Is The Most Expensive When Compar by Nobody: 6:45am On May 28, 2016
hmmmmmmmm
Re: Top 6 Reasons Why Real Estate In Banana Island Is The Most Expensive When Compar by ucheHapers(m): 6:45am On May 28, 2016
Pictures or adonbelivit...
Re: Top 6 Reasons Why Real Estate In Banana Island Is The Most Expensive When Compar by Pavore9: 6:45am On May 28, 2016
rabdeluxe:
You don't need to tell me this, I own a house there!!! grin grin grin

Yes it can not be disputed! grin grin grin

1 Like

Re: Top 6 Reasons Why Real Estate In Banana Island Is The Most Expensive When Compar by jossiwan(m): 6:46am On May 28, 2016
Pictorial evidence needed to back up your points.
Re: Top 6 Reasons Why Real Estate In Banana Island Is The Most Expensive When Compar by PrinxArthur1(m): 6:46am On May 28, 2016
Space booked
Re: Top 6 Reasons Why Real Estate In Banana Island Is The Most Expensive When Compar by JAWASIL(m): 6:46am On May 28, 2016
Who them epp? undecided
Re: Top 6 Reasons Why Real Estate In Banana Island Is The Most Expensive When Compar by justicejay(m): 6:47am On May 28, 2016
Land in maitama is expensive than a House in banana

10 Likes 1 Share

Re: Top 6 Reasons Why Real Estate In Banana Island Is The Most Expensive When Compar by Bishops10(m): 6:47am On May 28, 2016
We developed Banana Island


Ask Linda Ikeji

3 Likes 1 Share

Re: Top 6 Reasons Why Real Estate In Banana Island Is The Most Expensive When Compar by PrinxArthur1(m): 6:48am On May 28, 2016
Ehee oga seun do u live at banana island?
Re: Top 6 Reasons Why Real Estate In Banana Island Is The Most Expensive When Compar by Nobody: 6:48am On May 28, 2016
are there children playground, recreation centre, world class health centre, indoor football field e.t.c in banana island :/

2 Likes

Re: Top 6 Reasons Why Real Estate In Banana Island Is The Most Expensive When Compar by Kreamie(m): 6:49am On May 28, 2016
I'd rather live on tomato island atm....

1 Like

Re: Top 6 Reasons Why Real Estate In Banana Island Is The Most Expensive When Compar by jossiwan(m): 6:49am On May 28, 2016
rabdeluxe:
You don't need to tell me this, I own a house there!!! grin grin grin
You go fear i own a house there na #yimu... Pls find a better and a believable lie to tell us.
Re: Top 6 Reasons Why Real Estate In Banana Island Is The Most Expensive When Compar by Osasnidas(m): 6:49am On May 28, 2016
banana island ,, hmmm wow
Re: Top 6 Reasons Why Real Estate In Banana Island Is The Most Expensive When Compar by Nobody: 6:50am On May 28, 2016
All the reasons you listed,didn't justify the highly exhirbitant fee.

Well planned neighborhood can also have all these.

Your reasons are lame.

Basic human needs.

13 Likes

Re: Top 6 Reasons Why Real Estate In Banana Island Is The Most Expensive When Compar by ejosh4(m): 6:50am On May 28, 2016
Even with all these features inhabitants undergo 1 process as everybody which is DEATH...mtcheww

3 Likes 1 Share

Re: Top 6 Reasons Why Real Estate In Banana Island Is The Most Expensive When Compar by uzomore(m): 6:50am On May 28, 2016
U can stil make ur home a banana Island!! Living in a comfort zone is more dan living in banana island o

5 Likes 2 Shares

Re: Top 6 Reasons Why Real Estate In Banana Island Is The Most Expensive When Compar by PrinxArthur1(m): 6:51am On May 28, 2016
Bulala island

1 Like

Re: Top 6 Reasons Why Real Estate In Banana Island Is The Most Expensive When Compar by Adesiji77: 6:53am On May 28, 2016
Kreamie:
I'd rather live on tomato island atm....

cheesy

1 Like

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