Residential land for sale
Cowrie Creek Estate, Ikate, Lekki, Lagos, Ikate, Lekki, Lagos
Prime estate plot for sale in cowrie creek estate, ikate, lekki
811 sqm middle plot global c of o / deed of sublease ₦950 million net ≈ ₦1.171 million per sqm
---
property overview
- location: cowrie creek estate, ikate, lekki, lagos
- plot size: 811 sqm
- plot position: middle of the block
- title: global certificate of occupancy / deed of sublease (estate title)
- asking price: ₦950,000,000 (net)
- price per sqm: ≈ ₦1,171,393
- status: titled plot within a secured estate, ready for development
---
key highlights
- premium estate address: part of the prestigious cowrie creek estate, offering a secure, managed environment with quality infrastructure---a key value driver.
- strong "net" price: the asking price is stated as "net," indicating it is likely the final price with no hidden agent commissions or fees payable by the buyer, simplifying the transaction.
- secure estate title structure: ownership is held through a global c of o and deed of sublease, the standard and secure framework for reputable lagos estates, facilitating smooth resale.
- middle plot advantages: often offers more privacy, reduced road noise, and greater design flexibility for the building footprint compared to corner or road-facing plots.
---
️ development potential
- spacious luxury detached villa
- contemporary duplex complex with multiple units
- high-end residential compound
- boutique serviced apartments (subject to estate approval)
---
analysis vs. plot a
here is a direct comparison to help you evaluate both options:
- plot a (795 sqm): fenced plot priced at ₦850m (~₦1.069m/sqm). the fence adds immediate security but comes at a premium.
- plot b (811 sqm): middle plot with a net price of ₦950m (~₦1.171m/sqm). the higher price per sqm may reflect a more premium location within the estate, superior topography, or a firm seller.
consideration: plot b is 16 sqm larger but costs ₦100m more. the value decision hinges on whether the "middle" position and "net" price terms are worth the premium over the ready-to-secure fenced plot a.
---
essential verification steps
for a secure transaction on plot b, these steps remain non-negotiable:
1. estate management verification: contact the cowrie creek estate management office to confirm the seller's ownership, the plot's status, and all applicable fees and building guidelines.
2. title document review: a property lawyer must review the global c of o and deed of sublease to confirm authenticity.
3. physical site inspection: visit to assess the plot's exact location, terrain, and surroundings within the estate block.
4. clarify "net" terms: confirm in writing that the ₦950m covers the full purchase price with no additional buyer-side fees.
plot b presents a "net" price opportunity in a premium estate. the final choice depends on your valuation of plot position versus immediate fencing.
would you like me to help draft a side-by-side comparison table of plots a and b for a clearer financial and feature analys...
More details
Added Today
₦950,000,000
Ac Valour International
08036503218