20,000 SQM Residential Bulk Land

Property Details Location: Marina District, Eko Atlantic City, Lagos Property Type: Bulk Land Total Land Size: 20,000 SQM Asking Price: $2,500 per SQM Total Land Value: $50,000,000 Minimum Purchase: 5,000 SQM Minimum Purchase Price: $12,500,000 Transaction: For Sale Zahari View This bulk land opportunity is located in the Marina District of Eko Atlantic City, Lagos, offering prospective investors and developers the opportunity to assess a sizeable landholding within a planned urban development along the Lagos coastline. With a total area of 20,000 SQM and a minimum acquisition option of 5,000 SQM, the property may appeal to buyers considering large-scale real estate development or a substantial land acquisition. The stated asking price is $2,500 per SQM, translating to a total land value of $50 million for the full parcel. The property's suitability for commercial, residential or mixed-use development will depend on the applicable land-use designation, approved development parameters, planning requirements and other conditions governing the site. Prospective buyers should establish these details before committing to a specific project. Property Highlights 20,000 SQM bulk landholding. Located in Marina District, Eko Atlantic City, Lagos. Asking price of $2,500 per SQM. Total asking value of $50 million. Minimum purchase option of 5,000 SQM at $12.5 million. Potential opportunity for developers and investors evaluating large-scale real estate projects. Proposed development subject to applicable approvals and site-specific restrictions. Why This Property Deserves Attention The availability of a 20,000 SQM parcel provides an opportunity for buyers assessing projects that require a substantial land area. The minimum purchase option of 5,000 SQM also gives eligible buyers a smaller entry size than acquiring the entire parcel, subject to confirmation of the subdivision arrangement and the terms of sale. For developers, the next step is to establish the permitted uses, development density, building-height limits, infrastructure provisions and applicable planning conditions. These factors will help determine whether the site aligns with the proposed project and its financial requirements. Investors considering a land acquisition should also evaluate the purchase price, holding period, development costs and exit strategy. Any assessment of future value or returns should be supported by independent market research and a realistic financial model rather than assumed appreciation. Buyer's Perspective: What to Verify Before proceeding with an offer, prospective buyers should independently confirm: The exact location, boundaries and surveyed area of the land. The title documents, ownership and authority to sell. The applicable land-use designation and permitted development. Estate or district development guidelines and building restrictions. Applicable planning approvals and statutory requirements. Road access, drainage, utilities and infrastructure provisions. Whether the minimum 5,000 SQM purchase option involves an approved subdivision. The precise boundaries and documentation for any portion purchased. All applicable transaction costs, fees, levies and other financial obligations. Payment terms, completion conditions and transfer procedures. Given the site's location within a coastal development, buyers should also assess relevant environmental, drainage, flood-risk and coastal-protection requirements as part of their technical and planning due diligence. Investor / Buyer Note At the stated asking price of $2,500 per SQM, the indicative acquisition figures are: Full 20,000 SQM parcel: $50,000,000. Minimum 5,000 SQM purchase: $12,500,000. These figures are based on the supplied price and land sizes and exclude any additional fees, taxes, professional costs or other transaction expenses that may apply. Before committing, buyers should obtain the relevant title and survey documentation, confirm the terms of the sale and establish the development parameters applicable to the property. Any proposed commercial, residential or mixed-use project should be evaluated against the actual permissions and restrictions governing the site. For Enquiries & Inspections Phone: +234 907 301 3359 Website: www.zaharihub.com Zahari Properties ...Points in the right direction. Disclaimer: This listing is based on the property information provided and does not constitute independent verification of the land, title, price or development potential. Prospective buyers should conduct appropriate legal, technical, financial and planning due diligence and confirm all transaction terms before proceeding.