Joint Venture Property in Banana Island, Ikoyi, Lagos

Joint venture opportunity -- banana island, ikoyi, lagos 7,000 sqm waterfront land federal c of o ₦3.5 million per sqm no premium high-rise development proposal also available for sale (2,000 sqm minimum) --- property overview - location: banana island, ikoyi, lagos -- africa's most exclusive waterfront residential enclave, home to nigeria's elite and international dignitaries. - land size: 7,000 sqm (waterfront). - title: federal certificate of occupancy (c of o) -- the highest form of title security in nigeria. - price: ₦3,500,000 per sqm. - total land value: ₦24,500,000,000. - premium: nil -- no upfront payment to landowner for jv. - proposal: high-rise building -- capitalizing on waterfront views and banana island's prestige. - facilitator's fee: 10% of total land value (₦2.45 billion) -- net. - jv sharing ratio: to be negotiated (typically 50/50 or as agreed). - sale option: also available for outright purchase -- minimum 2,000 sqm. - status: prime waterfront land, verified and ready for serious engagement. --- key highlights - ultimate banana island waterfront: 7,000 sqm of prime waterfront land -- a once-in-a-generation offering in lagos's most prestigious address. - superior title security: federal c of o provides absolute ownership certainty -- bankable, transferable, and ready for jv financing. - massive scale: at 7,000 sqm, this is one of the largest available waterfront parcels on banana island -- suitable for a landmark high-rise development. - no premium entry: zero upfront payment to landowner significantly lowers the developer's initial capital requirement -- a highly attractive jv term. - high-rise potential: waterfront location demands a iconic high-rise design -- maximizing views, density, and returns. - dual option: jv partnership or outright purchase (minimum 2,000 sqm) -- flexibility for different investor profiles. - rare offering: waterfront land of this size with federal c of o is virtually extinct on banana island. --- ️ development potential -- high-rise waterfront 7,000 sqm waterfront land is ideal for: - luxury high-rise residential tower: 20--25 floors of premium apartments, penthouses, and amenities. - mixed-use iconic tower: residential + boutique hotel + retail/restaurant with panoramic water views. - ultra-luxury condominiums: 40--60 units targeting ultra-high-net-worth buyers. - amenities: swimming pool, gym, spa, concierge, secure parking, waterfront promenade. estimated built-up area: approx. 35,000--45,000 sqm (depending on design and floor plates). target market: ultra-high-net-worth nigerians, diaspora buyers, international investors, diplomatic corps. --- market context metric value land size 7,000 sqm per sqm price ₦3,500,000 total land value ₦24,500,000,000 market range (banana island) ₦3.5m--₦6m/sqm waterfront premium +30--50% over inland plots federal c of o highest title security - per sqm benchmark: at ₦3.5m/sqm, this waterfront land is competitively positioned within banana island's current market range (₦3.5m--₦6m/sqm depending on waterfront access and exact location). - waterfront scarcity: true waterfront plots on banana island are exceptionally rare and command significant premiums. - federal c of o advantage: federal title provides the highest level of security -- a key differentiator for institutional investors and international buyers. - development upside: a well-executed high-rise waterfront development could achieve gross development value (gdv) of ₦50b--₦80b+, depending on unit mix and market conditions at completion. --- ️ jv structure (typical) party contribution sharing (negotiable) landowner land (federal c of o, valued at ₦24.5b) 40--50% of completed units/sales developer 100% construction funding 50--60% of completed units/sales - facilitator's fee: 10% of total land value (₦2.45b) -- net, payable upon successful transaction closure. --- procedure for interested developers submit the following documents: 1. letter of intent (loi) -- formal expression of interest and capacity. 2. company profile -- track record in luxury high-rise developments. 3. detailed project proposal -- architectural vision, unit mix, floor plans, financial projections, timeline. 4. proof of funds -- evidence of construction financing capability (minimum ₦20b--₦30b project cost). 5. facilitator's fee letter -- acknowledgment and agreement of facilitator fee terms. --- sale option: the land is also available for outright purchase -- minimum 2,000 sqm. serious buyers can acquire a portion of this prime waterfront asset. --- ideal for: top-tier developers with proven experience in luxury high-rise, waterfront projects; institutional investors seeking a flagship banana island development; ultra-high-net-worth individuals wanting to acquire a piece of banana island's most exclusive waterfront. a landmark 7,000 sqm waterfront opportunity on banana island with federal c of o -- available for jv or sale. this is the pinnacle of nigerian real esta...

Back to the market s02banana island joint venture *land at mixed use banana island ikoyi lagos.* location: mix used banana island, lagos. land size: 3,000 square meters( l13c and l13d) title: certificate of occupancy proposal: *2 blocks of luxury 15 floors apartments* (2bed,3bed,4bed,massionates and penthouses) value: n12b premium: no broker fee: 10% of land value procedure: - *letter of intent - *company's profile - ⁠*inspection - *comprehensive proposal *sharing= tbd. *proof of fund is a must *meeting the owner *clos...

Banana island, ikoyi prime joint venture opportunity location: banana island, ikoyi zoning: mixed-use land size: 3,000 square meters title: lagos state certificate of occupancy (c of o) land value: ₦4,000,000 per sqm total land valuation: ₦12,000,000,000 development proposal: twin luxury high-rise towers minimum of 10 floors each sharing structure: - one completed tower to the land owner - one completed tower to the developer profit structure: 50/50 facilitator's fee: 10% documentation process: - letter of intent (loi) required - company profile required - upon formal inspection, survey and title documents will be released developer requirements: interested developers must demonstrate: - proven experience in high-rise construction - strong financial capacity - ability to secure necessary regulatory approvals - established project delivery track record - corporate profile and referen...

*joint venture opportunity@ banana island ikoyi.* ff *land size:* 3000sqms *location:* mixed zome, banana island,ikoyi *proposal:* twin towers- one tower to owner and one to developer (10 floors minimun) *profit sharing:* 50/50 *land title -* lagos state cofo *land value:* 4m per sqm *facilitator's fee:* ...

Joint venture opportunity -- banana island, ikoyi 4,947.766 sqm prime residential land c of o title land value: ₦4,000,000 per sqm (₦19.79 billion total) proposal: flats, maisonettes & penthouses on 6 floors --- property overview - location: banana island, ikoyi, lagos -- africa's most exclusive waterfront residential enclave. - land size: 4,947.766 sqm (approximately half a hectare of prime banana island land). - zone: residential area -- surrounded by lagos's most elite homes and residents. - title: certificate of occupancy (c of o) -- the highest form of title security. - land value: ₦4,000,000 per sqm. - total land value: ₦19,791,064,000 (approx. ₦19.79 billion). - proposal: luxury flats, maisonettes, and penthouses across 6 floors. - jv structure: open to partnership between landowner and capable developer. --- key highlights - ultimate banana island address: the most prestigious residential address in nigeria -- home to billionaires, captains of industry, and diplomatic elite. - massive scale: at nearly 5,000 sqm, this is one of the largest available development parcels on banana island -- a true landmark opportunity. - superior title security: c of o provides absolute ownership certainty -- bankable and ready for jv financing. - premium residential zone: surrounded by existing high-value homes, ensuring immediate prestige and long-term value appreciation. - 6- floor development potential: flats, maisonettes, and penthouses -- a mix that caters to different luxury buyer profiles while maximizing returns. - rare offering: land of this size on banana island is virtually extinct -- this is a generational opportunity. --- ️ development potential 4,947.766 sqm -- 6 floors of luxury residential - total built-up area: approx. 20,000--25,000 sqm (depending on design and floor plates). - unit mix potential: - luxury 2/3/4-bedroom flats - spacious maisonettes (duplex-style units) - premium penthouses with private terraces - estimated unit count: 40--60 luxury units, depending on unit sizes and configuration. - amenities: swimming pool, gym, concierge, secure parking, lush landscaping. - target market: ultra-high-net-worth nigerians, diaspora buyers, expatriates, diplomatic corps. --- market context metric value land size 4,947.766 sqm per sqm valuation ₦4,000,000 total land value ₦19.79 billion market range (banana island) ₦3.5m--₦6m/sqm jv sharing to be negotiated - per sqm benchmark: at ₦4m/sqm, this land is competitively positioned within banana island's current market range (₦3.5m--₦6m/sqm depending on waterfront access, exact location, and plot characteristics). - scarcity value: parcels exceeding 4,000 sqm in banana island's residential zone are exceptionally rare -- most have been developed or subdivided. - development upside: a well-executed luxury development on this site could achieve gross development value (gdv) of ₦40b--₦60b+, depending on unit mix and market conditions at completion. --- ️ jv structure (typical) party contribution sharing (negotiable) landowner land (c of o, valued at ₦19.79b) 40--50% of completed units/sales developer 100% construction funding 50--60% of completed units/sales - facilitator's fee: applicable as agreed with introducing agent. --- requirements for interested developers 1. letter of intent (loi) -- formal expression of interest. 2. company profile -- track record in luxury, large-scale developments. 3. proof of funds -- evidence of construction financing capacity (minimum ₦15b--₦20b project cost). 4. development proposal -- preliminary concept, unit mix, architectural vision, financial projections. 5. site inspection -- physical viewing of this landmark parcel. 6. jv negotiation -- direct engagement with landowner to finalize terms. --- ideal for: top-tier developers with proven experience in ultra-luxury, large-scale residential projects; institutional investors seeking a flagship banana island development. a once-in-a-generation opportunity -- nearly 5,000 sqm of c of o--titled land on banana island, ready for a world-class luxury residential development. serious and capable developers only. this is the pinnacle of nigerian real esta...

*joint venture @ banana island, ikoyi, lagos* *land size* 7,000 sqm waterfront land. *title*:- federal c of o *price:*₦3.5m/sqm *premium*:-nill *proposal:* highrise building *facilitators' fee:-* 10% of total land value net. *procedure* loi, company profile, detailed project proposal, proof of funds for the project and facilitators' fee's letter. *note* the land is also available for sale, 2,000sqm minimum sellab...

Joint venture opportunity -- mixed use, banana island, ikoyi, lagos 1,527 sqm c of o (governor's consent) 10--12 floors luxury apartments land value: ₦6.87 billion premium: ₦100 million 50/50 sharing --- property overview - location: banana island, ikoyi, lagos (mixed-use zone). - land size: 1,527 sqm. - title: certificate of occupancy (with governor's consent). - land value: (₦4,500,000 per sqm). - proposed development: 10--12 floors luxury apartments comprising: - 2-bedroom apartments - 3-bedroom apartments - 4-bedroom apartments - maisonettes - penthouses - premium: ₦100,000,000 (payable to landowner). - sharing ratio: 50/50 (between landowner and developer). - broker fee: 10% of land value awdned #v(t)awo...

Joint venture opportunity -- mixed use, banana island, ikoyi, lagos 1,527 sqm c of o (governor's consent) 10--12 floors luxury apartments land value: ₦6.87 billion premium: ₦100 million 50/50 sharing --- property overview - location: banana island, ikoyi, lagos (mixed-use zone). - land size: 1,527 sqm. - title: certificate of occupancy (with governor's consent). - land value: ₦6,871,500,000 (₦4,500,000 per sqm). - proposed development: 10--12 floors luxury apartments comprising: - 2-bedroom apartments - 3-bedroom apartments - 4-bedroom apartments - maisonettes - penthouses - premium: ₦100,000,000 (payable to landowner). - sharing ratio: 50/50 (between landowner and developer). - broker fee: 10% of land value (₦687,150,000). --- key highlights - ultimate banana island address: lagos's most exclusive waterfront enclave, offering unparalleled prestige, security, and luxury living. - mixed-use zone advantage: flexibility for commercial and residential components---ideal for maximizing returns. - strong title: c of o with governor's consent provides bankable security for jv financing. - premium development potential: 10--12 floors allow for iconic skyline presence with high-value unit mix. - clear jv terms: 50/50 sharing; ₦100m premium is modest relative to land value and development upside. - structured process: loi, company profile, pof, and comprehensive proposal required---ensuring only serious, capable developers proceed. --- ️ jv structure party contribution sharing landowner land (c of o title, valued at ₦6.87b) 50% of completed units/sales developer ₦100m premium + 100% construction funding 50% of completed units/sales - facilitator's fee: 10% of land value (₦687m) payable upon successful transaction closure. --- market context - per sqm valuation: at ₦4.5m/sqm, this land is positioned at the premium tier of banana island---justified by location, mixed-use zoning, and high-rise approval potential. - comparable context: recent banana island land transactions range from ₦4m--₦6m/sqm depending on waterfront access and zoning. - development upside: luxury apartments in banana island command top-tier pricing (₦150m--₦500m+ per unit), with strong demand from nigeria's elite and international buyers. --- ️ development potential a 10--12 floor luxury development on this site could yield: - total units: approx. 20--30 high-value apartments (mix of 2br, 3br, 4br, maisonettes, penthouses). - target market: ultra-high-net-worth nigerians, diaspora buyers, expatriates, diplomatic corps. - estimated gdv (gross development value): ₦10b--₦15b+, depending on final design and market conditions at completion. --- jv procedure 1. letter of intent (loi) -- express serious interest and capacity. 2. company profile -- submit credentials, portfolio, and track record. 3. site inspection -- physical viewing of the property. 4. comprehensive proposal -- detailed development plan, financial projections, and timeline. 5. proof of funds (mandatory) -- demonstrate financial capacity for premium and construction. 6. meeting with owner -- direct negotiation and alignment. 7. closure -- finalize jv agreement and commence. --- ideal for: established developers with proven luxury high-rise experience, strong balance sheets, and a track record of delivering premium projects in ikoyi or similar markets. serious and capable developers only. this is a landmark banana island opportunity---dm for further engageme...

*banana island ikoyi* *joint venture development* *size :* 2,800sqmts. *location :* waterfront residential zone banana island. *title :* c of o. proposal : 5floors high rise or more. *premium :* developer will pay $1m to landowner as equity, though shall get it back from land owner's share of apartment. *construction company :* landowner wants a standard construction company to have the construction work. hlf...

Bot banana island ikoyi avenue 900sqm - owner has gotten and paid for approval from lasg 5floors but biporal approved 4floors -ayo ade jum - 2.on financing the project, she is looking at 100% development finance to be recouped on lease- back arrangements. - - 3.joint finance can also be explored with limitation to a floor for recoupment of capital. - 4.boq will come out in coming days and this can be used to come up with the number of years. - - 5.owner has existing design but ready to work with appointed project manager by both parties - 6- land value: 4m per sqm 7- facilitators fee 10% ayo ade jum for more information visit kerantol.com nb: in case you own a property and you want to sell, lease or rent it out or do a jv very fast, you can talk to...

Joint venture opportunity -- mixed use, banana island, ikoyi, lagos 1,527 sqm c of o (governor's consent) 10--12 floors luxury apartments land value: ₦6.87 billion premium: ₦100 million 50/50 sharing --- property overview - location: banana island, ikoyi, lagos (mixed-use zone). - land size: 1,527 sqm. - title: certificate of occupancy (with governor's consent). - land value: (₦4,500,000 per sqm). - proposed development: 10--12 floors luxury apartments comprising: - 2-bedroom apartments - 3-bedroom apartments - 4-bedroom apartments - maisonettes - penthouses - premium: ₦100,000,000 (payable to landowner). - sharing ratio: 50/50 (between landowner and developer). - broker fee: 10% of land value awd...

Waterfront joint venture (jv) in banana island, ikoyi landsize: 6,000sqm land (3,800+2200 reclaimed). fenced and gated. value: ₦4m/sqm location: mixed zone, banana island, ikoyi. title: fed. c.of.o proposal: luxury detached duplexes sharing: tbd premium: $2m (negotiable) facilitators fee: 8% prerequisite: loi, profile, e...

Joint venture at mixed used banana island ikoyi lagos . land size: 1527sqm title: certificate of occupancy ( governor consent) proposal: 10 - 12 floors apartment ( 2bed, 3bed, 4bed, massionates and penthouses) value: n7,635,000,000.00at ( n5m per sqm) premium: n100m broker fee: 10% of land value procedure *letter of intent *company profile *inspection *comprehensive proposal *proof of fund is a must *meeting owner *closure for more details, pls contact; oakland realtors 08155952653, 08168808...

2500sqm of land for sale on second avenue but access is off third avenue selling for 5m per sqm with federal c of...

500sqm land for sale in sokoto street, banana island with state c of o. price 5m per ...

Joint venture development ️️️ size3,500sqm locationwaterfront residential zone banana island,lagos nigeria title c of o. proposalflats, maisonette on 5floors high rise or more. premium nil. construction company landowner wants a standard construction company to have the construction work. dm for inspection ...

Joint venture opportunity - ikoyi land size: 3000sqms location: mixed zome, banana island,ikoyi proposal: twin towers- one tower to owner and one to developer (10 floors minimun) profit sharing: 50/50 land title - lagos state cofo land value: 4m per sqm facilitators fee: ...

*semi-direct jv in banana island!* *waterfront property* *location: banana island foreshore, ikoyi* *land size: 2,723 sqm* *proposed project: luxurious apartments with 2 penthouses* *premium: 1 million dollars* *owner wants notable construction company e.g. elalan, cappa & d'alberto, e.t.c.* *facilitator's fee: 10%* #v(t)(ba...

Hot joint venture in residential zone, banana island. topography: waterfront land. ₦4.5m per sqm land size:2,700sqm title: federal c of o sharing formula:50% developer/50% owner. proposal: blocks of flats and maisonettes with two penthouses facilitator's fees:8% premium:1 million u.s dollars . owner has her drawing already and want elalan to build. sey...