Ikoyi

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Ikoyi is the name of a residential island that forms part of the city of Lagos in Nigeria.

The island of Ikoyi lies in Lagos Lagoon, separated from Lagos Island by a narrow waterway. It is protected from the Atlantic Ocean by Victoria Island. Originally Ikoyi was used as a burial site for the settlement of Lagos. However in the colonial period, the island was developed as a residential cantonment for the expatriate British community and still retains many of the large colonial residences built between 1900 and 1950.

Upmarket residential properties continued to be built after the colonial period, and the Island and its Dodan Barracks became the residence of some of Nigeria's military rulers. Ikoyi now contains many other government buildings as well as hotels, schools, Ikoyi Park, and the famous golf course, the Ikoyi Club.

Ikoyi is presently the most expensive real estate in Africa. ^{[citation needed]}Virgin land is not available so people have to buy a house, demolish it, and then build their custom home.