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Ac Valour International

No 60 Chris Idowu Street Ejigbo Isolo, Isolo, Lagos, Nigeria
1 year on Nigeria Property Centre
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6 Active
2 For sale
0 For rent
0 Short let
4 Areas

Areas covered

4 areas

Ikoyi 2 Lekki 2 Ajah 1 Victoria Island (VI) 1

Listings

1–4 of 4

All For sale For rent Short let JV
Premium
₦22,200,000,000

Residential land joint venture

3,700 SQM Residential Land with Federal C of O

Joint Venture Opportunity -- Old Ikoyi, Lagos 3,700 SQM Federal C of O Title Land Value: ₦6M per SQM (Subject to Valuation) Premium: ₦700M Facilitator's Fee: 8% Property & JV Overview Location: Old Ikoyi, Lagos -- one of the most prestigious and established residential districts in Nigeria. Land Size: 3,700 SQM. Title: Federal Certificate of Occupancy (C of O). Land Value: ₦6,000,000 per SQM (subject to formal valuation). Total Land Value (Indicative): ₦22,200,000,000 (≈ ₦22.2 Billion). Premium: ₦700,000,000 (payable upon JV contract signing). Proposed Development: Block of Apartments with Maisonettes & Penthouses. Sharing Formula: To be negotiated based on land valuation vs. development cost. Facilitator's Fee: 8% of land value. Key Highlights Old Ikoyi Prestige Address: A quiet, low-density, high-value neighbourhood -- home to embassies, corporate executives, and legacy families. Federal C of O Title: Strong ownership security, verified through the Federal Ministry of Lands, Housing & Urban Development. Luxury Development Vision: Proposed mix of apartments, maisonettes, and penthouses targets the ultra-luxury segment. Large Development Canvas: 3,700 SQM allows for a landmark residential project with premium amenities. Premium Commitment: ₦700M upfront at signing -- ensures a serious, well-capitalised developer. Development Potential High-end residential tower(s) with a mix of 2-, 3-, and 4-bedroom apartments. Maisonettes offering duplex living within the building. Penthouses with panoramic views, private terraces, and top-tier finishes. Amenities: Multi-level parking, gym, pool, spa, concierge, 24/7 security, backup power, and water treatment. Target Market: Ultra-high-net-worth individuals, corporate tenants, expatriates, and international investors. Location Benefits -- Old Ikoyi Prestige & Privacy: Tree-lined streets, low traffic, and a mature, high-value community. Proximity to Business Hubs: Minutes from Victoria Island, Ikoyi business district, and Lagos Island. Excellent Infrastructure: Well-maintained roads, drainage, security, and access to top schools, hospitals, and clubs. High Demand, Limited Supply: New luxury developments in Old Ikoyi are rare -- ensuring strong pre-sales and rental demand. Financial Structure Land Contribution Value: ₦22.2 Billion (indicative; subject to valuation). Premium (Upfront): ₦700 Million -- payable to landowner upon JV contract signing. Developer's Role: Provide 100% of construction financing, bank guarantee, project management, and sales/letting. Profit Sharing: To be negotiated -- typically based on the ratio of land value to total development cost. Facilitator's Fee: 8% of land value, typically paid from the landowner's share upon JV execution. Next Steps for Qualified Developers Interested developers must submit: 1. Letter of Intent (LOI) -- confirming interest and acceptance of the premium payment. 2. Company Profile -- with verifiable evidence of luxury high-rise projects (15+ floors) completed in Ikoyi, Victoria Island, or Banana Island. 3. Proof of Funds -- bank statements or financing letters showing capacity for a project of this scale (estimated construction cost ₦30B--₦50B+). 4. Bank Guarantee -- ability to provide a performance guarantee as required. 5. Preliminary Concept Note -- initial design and timeline aligned with the proposed block of apartments, maisonettes, and penthouses. Due Diligence: Upon signing an nda and facilitator fee agreement, the facilitator will provide the Federal C of O, survey, and arrange a site inspection. Title verification to be conducted through the Federal Ministry of Lands (Abuja or Lagos office). Ideal Partner Profile: Top-tier real estate development firm with a proven track record in ultra-luxury high-rises in prime Lagos locations. Strong financial capacity and access to construction finance. Experience with Federal C of O properties is advantageous. Old Ikoyi JV -- 3,700 SQM, Federal C of O, ₦6M/SQM, ₦700M premium, 8% facilitator fee. Serious, qualified developers only -- with proof of funds and luxury track record.

Old Ikoyi, Ikoyi, Lagos
Premium
₦24,000,000,000

Residential land joint venture

Development of Block of Apartments

Hot Deal! Joint Venture Development or Sale of Block of Apartments in Old Ikoyi, Lagos 4,756 SQM Federal C of O Title Land Value: ₦24 Billion Proposed: 25 Floors or 2 Blocks of 10 Floors Sharing: 60/40 Premium: ₦1.2 Billion Facilitator's Fee: 10% (Negotiable) Property & JV Overview Location: Old Ikoyi, Lagos -- one of the most prestigious and established residential districts in Nigeria. Land Size: 4,756 SQM. Title: Federal Certificate of Occupancy (C of O) -- a strong title verified through the Federal Ministry of Lands, Housing & Urban Development. Land Value: ₦24,000,000,000 (≈ ₦5.05 Million per SQM). Proposed Development: 25 Floors or 2 Blocks of 10 Floors (high-rise luxury apartments). Sharing Formula: 60/40 (landowner : developer -- to be confirmed during negotiation). Premium: ₦1,200,000,000 (payable upon JV contract signing). Facilitator's Fee: 10% of land value (negotiable). Status: Vacant land, ready for a landmark high-rise development. Also Open To: Sale of the block of apartments (post-development or as a pre-sale arrangement). Key Highlights Old Ikoyi Prestige Address: One of Lagos's most exclusive neighbourhoods -- home to embassies, top executives, and legacy families. Unmatched prestige and security. Federal C of O Title: Provides robust legal backing; verification through Federal channels is required but ensures strong ownership security. Massive Development Scale: 4,756 SQM allows for a landmark high-rise (25 floors) or twin 10-floor blocks -- significant unit yield and return potential. Clear Sharing Ratio: 60/40 split offers a balanced partnership structure, open for discussion based on final development cost. Premium Commitment: ₦1.2 Billion upfront at signing -- ensures a serious, well-capitalised developer. Negotiable Facilitator's Fee: 10% is standard but negotiable, offering flexibility in transaction structuring. Development Potential 25‑Floor Tower: Ultra‑luxury residential apartments with panoramic views, penthouses, and premium amenities. 2 × 10‑Floor Blocks: A phased or twin‑block development offering a mix of 2‑, 3‑, and 4‑bedroom apartments. Target Market: Ultra‑high‑net‑worth individuals, corporate executives, expatriates, and international investors. Amenities: Ground floor lobby, multi‑level parking, gym, pool, spa, rooftop lounge, 24/7 security, backup power, and water treatment. Location Benefits -- Old Ikoyi Prestige & Privacy: Quiet, tree‑lined streets, low density, and a mature, high‑value community. Proximity to Business Hubs: Minutes from Victoria Island, Ikoyi business district, and Lagos Island. Excellent Infrastructure: Well‑maintained roads, drainage, security, and access to top schools, hospitals, and clubs. High Demand, Limited Supply: New luxury developments in Old Ikoyi are rare -- ensuring strong pre‑sales and rental demand. Financial Structure Land Contribution Value: ₦24 Billion. Premium (Upfront): ₦1.2 Billion -- payable to landowner upon JV contract signing. Developer's Role: Provide 100% of construction financing, bank guarantee, project management, and sales/letting. Profit Sharing: 60% Landowner / 40% Developer (or as negotiated) -- after recovery of agreed development costs. Facilitator's Fee: 10% of land value (negotiable), typically paid from the landowner's share upon JV execution. Next Steps for Qualified Developers Interested developers must submit: 1. Letter of Intent (LOI) -- confirming interest and acceptance of the premium and sharing structure. 2. Company Profile -- with verifiable evidence of luxury high‑rise projects (15+ floors) completed in Ikoyi, Victoria Island, or Banana Island. 3. Proof of Funds -- bank statements or financing letters showing capacity for a project of this scale (estimated construction cost ₦30B--₦50B+). 4. Bank Guarantee -- ability to provide a performance guarantee as required. 5. Preliminary Concept Note -- initial design and timeline aligned with the 25‑floor or 2 × 10‑floor proposal. Due Diligence: Upon signing an nda and facilitator fee agreement, the facilitator will provide the Federal C of O, survey, and arrange a site inspection. Title verification to be conducted through the Federal Ministry of Lands (Abuja or Lagos office). Ideal Partner Profile: Top‑tier real estate development firm with a proven track record in ultra‑luxury high‑rises in prime Lagos locations. Strong financial capacity and access to construction finance. Experience with Federal C of O properties is advantageous. Old Ikoyi JV -- 4,756 SQM, Federal C of O, ₦24B land value, 60/40 sharing, ₦1.2B premium. Serious, qualified developers only -- with proof of funds and luxury track record.

Old Ikoyi, Ikoyi, Lagos
Premium
₦1,900,000,000

Residential land joint venture

890 SQM Land

Joint Venture Opportunity -- Omorire Johnson, Lekki Phase 1, Lagos 890 SQM C of O Title Proposed: Luxury Block of 2/3 Bed Apartments Land Value: ₦1.9 Billion Premium: ₦100M Facilitator's Fee: 10% Property & JV Overview Location: Omorire Johnson, Lekki Phase 1, Lagos. Land Size: 890 SQM. Title: Certificate of Occupancy (C of O). Proposed Development: Owner seeks a Luxury Block of 2/3 Bedroom Apartments. Land Value: ₦1,900,000,000 (≈ ₦2.13 Million per SQM). Premium: ₦100,000,000 (payable upon JV contract signing). Facilitator's Fee: 10% of land value (₦190 Million), payable upon JV agreement. Status: Vacant, titled land ready for a partnership development. Key Highlights - Prime Lekki Phase 1 Address: Omorire Johnson is a highly desirable, serene street in the heart of Lekki Phase 1 -- offering prestige, security, and proximity to Admiralty Way and major business hubs. - Strong C of O Title: Full government-issued Certificate of Occupancy ensures legal security, bankability, and smooth partnership structuring. - Clear Development Vision: The owner has specified a luxury block of 2/3 bedroom apartments -- providing a defined starting point for architectural design and feasibility studies. - Upfront Premium: ₦100M payable at contract signing -- ensures a commitment from a serious, well-capitalized developer. - Optimal Plot Size: 890 SQM is ideal for a boutique mid-rise apartment building, maximizing unit yield without excessive complexity. Development Potential - a modern block of luxury apartments -- likely 3--4 storeys with a mix of 2- and 3-bedroom units. - Estimated Unit Count: 8--12 luxury flats (subject to design and density regulations). - Typical Amenities: Ground floor parking, lobby, backup power, water treatment, and 24/7 security. - Target Market: Professionals, expatriates, and families seeking upscale rental or ownership in Lekki Phase 1. Location Benefits -- Omorire Johnson, Lekki Phase 1 - Secure & Serene Environment: Low traffic, well-paved roads, and 24/7 security presence -- a hallmark of Lekki Phase 1. - Proximity to Key Destinations: Minutes from Admiralty Way, Ikoyi, Victoria Island, and major commercial hubs. - Established Neighbourhood: Surrounded by luxury homes, embassies, and executive residences. - High Demand: Properties in this area consistently achieve premium rents and resale values. Financial Structure - Land Contribution Value: ₦1.9 Billion. - Premium (Upfront): ₦100 Million -- payable to landowner immediately upon signing the JV contract. - Developer's Role: Provide 100% of construction financing, project management, and sales/letting. - Profit Sharing: To be negotiated (typically based on land value vs. total development cost). - Facilitator's Fee: 10% of land value (₦190 Million), typically paid from the landowner's share upon JV execution. Next Steps for Qualified Developers Interested developers must submit: 1. Letter of Intent (LOI) -- confirming interest and acceptance of the premium payment. 2. Company Profile -- with verifiable evidence of luxury apartment projects completed in Lekki, Victoria Island, or Ikoyi. 3. Proof of Funds -- bank statements or financing letters showing capacity for a project of this scale. 4. Preliminary Concept Note -- initial design and timeline aligned with a luxury block of 2/3 bed apartments. Due Diligence: Upon signing an nda and facilitator fee agreement, the facilitator will provide the C of O, survey, and arrange a site inspection. Ideal Partner Profile - a reputable real estate development firm with a proven track record in luxury multi-unit residential projects. - Strong financial capacity and ability to fund construction without sole reliance on off-plan sales. Omorire Johnson, Lekki Phase 1 -- 890 SQM, C of O, ₦100M premium, 10% facilitator fee. Serious developers with capacity and track record only.

Omorire Johnson, Lekki Phase 1, Lekki, Lagos
₦4,200,000,000

Residential land joint venture

1,400 SQM Residential Land

Joint Venture Opportunity -- Victoria Island, Lagos 1,400 SQM C of O & Governor's Consent Title Premium: Zero Land Value: ₦3M per SQM Proposed: Flats/G+8 Floors 50/50 Sharing Facilitator's Fee: 8% Net Property & JV Overview Location: Victoria Island, Lagos -- a prime commercial and residential district. Land Size: 1,400 SQM. Title: Certificate of Occupancy (C of O) & Governor's Consent -- the strongest title combination in Lagos, ensuring legal security and bankability. Land Value: ₦3,000,000 per SQM. Total Land Value: ₦4,200,000,000 (≈ ₦4.2 Billion). Premium: Zero (Nil) -- a significant advantage, reducing upfront costs for the developer. Proposed Development: Flats/G+8 Floors (Ground plus 8 upper floors) -- a mid-rise luxury apartment building. Sharing Formula: 50/50 (landowner : developer). Facilitator's Fee: 8% Net of land value. Status: Vacant land, ready for a joint venture development. Key Highlights Prime Victoria Island Location: A highly prestigious business and residential address, offering maximum visibility and accessibility. Strong Dual Title: C of O with Governor's Consent -- the strongest title combination in Lagos, ensuring legal security and smooth transfer. No Premium Required: Zero premium eliminates a major upfront cost, allowing the developer to deploy more capital into construction. Clear 50/50 Sharing: Transparent and balanced partnership structure that aligns the interests of both parties. Excellent Scale: 1,400 SQM is ideal for a G+8 floor luxury apartment block, offering strong return on investment. High Demand Area: Victoria Island consistently attracts high-net-worth tenants and buyers, ensuring strong sales and rental potential. Development Potential G+8 Floor Modern Apartment Building with a mix of 2- and 3-bedroom flats. Ground Floor: Parking, lobby, and possibly retail or office space (if zoning permits). Upper Floors: Residential units with premium finishes, balconies, and modern amenities. Rooftop Amenities: Lounge, garden, or gym -- subject to design. Infrastructure: Backup power, water treatment, elevators, and 24/7 security. Target Market: Professionals, expatriates, and corporate tenants seeking upscale living in Victoria Island. Location Benefits -- Victoria Island Heart of VI: Close to major banks, embassies, hotels, corporate offices, and Eko Atlantic. Excellent Connectivity: Easy access to Ahmadu Bello Way, Ozumba Mbadiwe, and the Lekki-VI link bridge. Prestige Address: VI remains Lagos's premier business and lifestyle destination. High Occupancy Demand: Luxury apartments in this area consistently achieve premium rents and resale values. Financial Structure Land Contribution Value: ₦4.2 Billion. Premium (Upfront): Zero -- no upfront payment required from the developer. Developer's Role: Provide 100% of construction financing, project management, bank guarantee, and sales/letting. Profit Sharing: 50% Landowner / 50% Developer -- after recovery of agreed development costs. Facilitator's Fee: 8% Net of land value, typically paid from the landowner's share upon JV execution. Next Steps for Qualified Developers Interested developers must submit: 1. Letter of Intent (LOI) -- confirming interest and acceptance of the 50/50 sharing structure and zero premium terms. 2. Company Profile -- with verifiable evidence of luxury apartment or high-rise projects completed in Victoria Island, Ikoyi, or Lekki. 3. Proof of Funds -- bank statements or financing letters showing capacity for a project of this scale (estimated construction cost ₦10B--₦18B+). 4. Bank Guarantee -- ability to provide a performance guarantee as required. 5. Preliminary Concept Note -- initial design and timeline aligned with the G+8 floor flats proposal. Due Diligence: Upon signing an nda and facilitator fee agreement, the facilitator will provide the C of O, Governor's Consent, survey, and arrange a site inspection. Title verification to be conducted at the Lagos State Lands Bureau. Ideal Partner Profile: A reputable real estate development firm with a proven track record in multi-unit residential projects in prime Lagos locations. Strong financial capacity and ability to fund construction without sole reliance on off-plan sales. Victoria Island JV -- 1,400 SQM, C of O & Governor's Consent, zero premium, 50/50 sharing, 8% facilitator fee. Serious, qualified developers only -- with proof of funds and track record.

Victoria Island (VI), Lagos
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