Land prices in Nordic Villas, Lagos
Nordic Villas is a gated area in Banana Island, Ikoyi, Eti Osa LGA, Lagos, in the prime zone. Residential land is about ₦5.4m per m², so a typical 600 m² plot is about ₦3.24bn.
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| Typical 600 m² plot | ₦3.24bn | residential |
| Land: residential | ₦5.4m | per m² |
| Land: commercial | ₦7.8m | per m² |
| Land: industrial | ₦2.8m | per m² |
| Building: 2-bed flat | ₦471.3m | asking price |
| Building: 3-bed flat | ₦574.6m | asking price |
| Building: 4-bed house | ₦752.2m | asking price |
| Building: 5-bed house | ₦2.11bn | asking price |
| Rent: 1-bed / mini flat | ₦8.2m | per year |
| Rent: 2-bed flat | ₦20.7m | per year |
| Rent: 3-bed flat | ₦26m | per year |
| Rent: 4-bed house | ₦29.9m | per year |
| Rent: shop or office | ₦1.1m | per m² per year |
Eti Osa LGA as a whole: ₦504,000 per m² median. Coordinates 6.45410, 3.44650.
Questions people ask
How much is a plot of land in Nordic Villas, Lagos?
A typical 600 m² residential plot in Nordic Villas, Lagos is about ₦3.24bn (around ₦5.4m per m²) in asking prices as of October 2026. Commercial land is about ₦7.8m per m². Source: Buildocrat Land Value Book, updated weekly.
How much is rent for a 3-bedroom flat in Nordic Villas, Lagos?
About ₦26m a year for a 3-bedroom flat, ₦20.7m for a 2-bedroom flat and ₦8.2m for a 1-bedroom or mini flat (October 2026).
How much does a 4-bedroom house cost in Nordic Villas, Lagos?
Asking prices for a 4-bedroom house in Nordic Villas, Lagos are around ₦752.2m; a 3-bedroom flat around ₦574.6m (October 2026).