Residential land joint venture
Palm City- Captains Court, Lekki, Lagos
Joint venture - 100% closable in 3 days flat
size:1,296 sqm at
location: lekki palm city, ajah
premium: nil
facilitation: 10% land value
sharing formula: 50:50title: governor's consent) -
quick snapshot
opportunity: joint venture --- landowner seeking developer partner
size: 1,296 sqm
- location: lekki palm city, ajah --- prime, fast‑growing estate with strong developer activity and high‑quality residential build‑up
- title: governor's consent (clean and transferable)
- valuation: ₦400,000,000
- proposed development: 4 x fully detached luxury residences
- equity split: 50/50 (landowner : developer)
- facilitator's fee: 10% (payable on successful close)
- closing: 100% closable --- target completion of jv execution and mobilization within 3 days
why this deal is irresistible
rapid close: all documentation is ready for immediate review and execution --- this jv can be legally agreed and mobilized in as little as 72 hours, enabling developers to start value creation almost immediately
- strong, clean title: governor's consent provides credible, market‑accepted security for lenders and partners --- minimal title risk and quick transfer/registration processes.
- prime estate dynamics: lekki palm city is experiencing a visible, high‑quality build‑up --- developers are erecting superb detached properties and estate amenities, creating strong demand, premium pricing, and excellent resale/rental prospects.
compact, high‑value parcel: 1,296 sqm is ideal for four luxury detached homes --- efficient site use, high per‑unit value, and strong margins in the ajah/lekki corridor.
true jv upside: 50/50 equity split means the developer retains substantial returns while the landowner maintains long‑term upside; attractive for both build‑to‑sell and build‑to‑let strategies.
suggested quick jv structure (designed for 3‑day close)
day 1 --- submit loi, proof of funding of financial capability, engage facilitators letter bound by imfpa
day 2 --- land inspection by developer then to the site office to sit face to face with landowner. legal documentation due diligence check by developer finalize & sign jv agreement and development timelines; agree on cost recovery mechanics and profit distribution; confirm mobilization plan with landowner
day 3 --- execution & mobilization: exchange original title documents i, developer mobilizes procurement and site set‑up; facilitator fee (10%) payable on successful completion of transaction as agreed.
financial snapshot (indicative)
land value: ₦400m
units: 4 detached residences --- high‑end positioning expected to command premium prices per unit in lekki palm city
attractive per‑unit land cost and strong margin potential when combined with quality execution and premium positioning
value drivers
- immediate execution capability --- close now, build now.
- governor's consent reduces gating issues with regulators and financiers.
- high‑demand location with ongoing estate uplift and neighboring quality builds.
- flexible development model --- build‑to‑sell or build‑to‑let depending on developer strategy.
what we need from the developer
- proof of finance or funding plan
- track record / company profile and relevant project references
- agreement to 50/50 jv terms and facilitator fee structure
- readiness to mobilize within days of signing
next steps --- how to close in 3 days
1. confirm interest and provide developer credentials.
2. schedule same‑day site visit and document review.
3. sign heads of terms and place agreed escrow/deposit.
4. execute jv agreement and exchange necessary documents.
facilitator
- facilitator's fee: 10% payable on successful closure of the jv.
contact
reply now or send your preferred contact details to receive full documentation, arrange an immediate site inspection, and lock in a 3‑day closing schedule. this opportunity is ready --- closable in a matter of days.
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₦400,000,000
The Build Centre Properties
09028190510