Joint Venture Land in Nigeria

*quick joint venture at idowu martins victoria island* 3,185sqm land size on idowu martins street vi. preference : 10 floors of mixed commercial and residential development *value:* tbd *premium:* tbd *proposal:* 10floors *agency:* 10% *survey plan:* available on requ...

Jv on ligali ayorinde street, victoria island, lagos. fenced bare plot on about 5,146 sqm with lagos c of o. (it's plots c and e in this survey plan). property can accommodate twin towers of 10 floors each. landlord prefers a mixed development of residential and office accommodations (not more than two towers). developer can suggest options with high roi. current value of land is n7.5 billion. facilitators fees: 8% of current value (net bola...

Jv opportunity --- 1,270 sqm akin adeshola st, victoria island, lagos --- land value ₦4,500,000,000 land certificate summary prime 1,270 sqm victoria island site with land certificate offered for a 50:50 joint venture to deliver a 14‑storey development (ground + 1st floors dedicated to parking). facilitator's fee: 10% of land value (₦450,000,000). key facts (clear & factual) - location: akin adeshola street, victoria island, lagos (core vi commercial/residential corridor). - land size: 1,270 sqm. - title: land certificate (to be provided for verification). - stated land value: ₦4,500,000,000. - implied land price: ≈ ₦3,543,307 per sqm. - proposed structure: joint venture (jv) --- 50:50 equity/share of development returns. - facilitator's fee: 10% of land value (₦450,000,000) as stated. - concept: 14 floors total; ground and first floor to be used exclusively for parking. remaining floors for approved residential / commercial use (exact mix to be agreed). project concept --- development brief (as proposed) - total storeys: 14 (g + 13). ground (g) + 1st floors are parking levels. floors 2--13 (12 floors) plus roof-level services/plant available for revenue-generating use depending on planning. - suggested product mix options (developer to confirm with feasibility/planning): - premium residential condominium: apartments from 1‑3 bedrooms; penthouse units on top floors. - mixed-use: retail/amenity at lower commercial floors (subject to local planning), premium office or serviced apartments above. - boutique hotel/serviced residence (operator dependent). - parking provision (illustrative): if building footprint ~800--900 sqm, a single parking level could deliver ~30--36 vehicles (including circulation). with two parking levels, estimated parking capacity ≈ 60--72 vehicles --- actual capacity depends on footprint, ramp design and local parking standards. indicative development capacity --- illustrative (requires confirmation via planning/far) - illustrative net buildable gfa range: dependent on lagos state planning far/plot ratio and setbacks. example scenarios (for initial financial modelling only): - conservative footprint assumption 800 sqm × 14 floors = 11,200 sqm gfa (with 2 floors parking net revenue floors ~9,600 sqm). - higher far scenario increases total gfa --- developer to confirm allowable gfa with planning authority. - unit count example (residential): if average net unit size (incl. parking/share of common) = 90--120 sqm, the project could yield ~80--110 residential units (subject to final mix, gfa and planning). commercial & jv terms (explicit) - equity split: 50:50 (landowner : developer). - land valuation used for jv accounting: ₦4,500,000,000. - facilitator fee: 10% of land value payable as agreed (₦450,000,000) --- confirm payment mechanics and timing in term sheet. - developer to provide capex, project management, construction financing and marketing; returns/profits split 50:50 after recovery of developer costs and agreed fees (exact waterfall to be negotiated and included in jv agreement). - relocation or other owner requirements (if any) to be documented and costed as part of commercial terms. due diligence documents to request / expect from owner (to be provided for review): - original land certificate and certified copy. - survey / site plan and coordinates. - evidence of payment of land rates and receipts. - any prior consents, planning correspondence or restrictions. - id and proof of authority of signatory. from developer (to present to owner): - company cac documents, tax clearance, proof of balance sheet strength or bank comfort letter. - developer portfolio and cvs of key management/technical team. - proposed jv term sheet and preliminary concept massing. technical & planning checks recommended (immediate) - confirm zoning, allowable far/plot ratio, building height limits and parking standards with lagos planning authority. - topographic and boundary verification (pegging). - geotechnical/soil investigation. - preliminary traffic and parking study given two-level parking proposal. - utilities/mep capacity check (power, water, storm drainage, telecom). commercial & legal points to agree early - detailed jv term sheet including: capital contributions, development budget, developer fee, promoter's fee, payment waterfalls, profit distribution timing, off‑plan sales allocation, governance, board composition and exit/buy‑out mechanisms. - facilitator fee mechanics (who pays, when, and tax implications). - how the land value is accounted in the jv company (capital contribution valuation and stamp duty implications). - dispute resolution, warranties and indemnities (title warranty, encumbrances). - timing for commencement, securing permits and practical completion targets. indicative timeline (subject to negotiation & approvals) - nda and submission of developer credentials & pof: immediate. - preliminary site visit and title verification: 1--2 weeks. - planning pre‑application / confirmation of far & permissible use: 2--6 weeks. - legal & technical due diligence: 2--4 weeks (concurrent). - term sheet finalisation and signing: 1--3 weeks after due diligence. - jv/shareholders agreement and project company setup: 3--6 weeks. - construction period: to be defined in project programme (subject to scope & financing). risks & mitigants (matter‑of‑fact) - planning constraints: verify allowable gfa early; mitigant: pre-application with planning authority and engage local planning counsel. - title risk: verify land certificate and conduct registry search; mitigant: seller warranty, title indemnity and escrow arrangements. - facilitator fee size: clarify who bears the facilitator fee (owner or developer) and document payment terms to avoid post-agreement disputes. - financial execution: ensure developer has committed finance lines; mitigant: bank comfort letters, escrowed deposits and phased milestone payments. target jv partner profile - established developer with track record on victoria island / lagos high-end residential or mixed‑use projects. - access to construction finance or equity partners and credible sales/marketing channels. - ability to mobilise technical team (architect, qs, contractor, mep) and obtain planning approvals promptly. call to action --- next steps 1. submit loi and developer credentials + proof of funds / bank comfort letter. 2. sign nda and request certified land certificate and survey pack. 3. arrange site inspection and meet owner to confirm jv expectations (facilitator fee, payment timing). 4. conduct planning pre-application, legal & technical due diligence; produce term sheet and proceed to jv agreement if acceptable. contact: mr. kola adesina (edba) all detailed documentation and commercial discussions will be provided on a confidential basis and subject to a signed nda. serious proposals only. *how we work* tell us your needs (budget, location, size). our team reviews your request and assigns a dedicated relationship manager. we only source conflict-free land and properties with clear titles. we conduct due diligence and arrange site visits. viewings are by appointments only finalize purchase, rental or lease with legal support. *please feel free to browse our other featured properties* ref: m...

Jv on ligali ayorinde street, victoria island, lagos. fenced bare plot on about 5,146 sqm with lagos c of o. (it's plots c and e in this survey plan). property can accommodate twin towers of 10 floors each. landlord prefers a mixed development of residential and office accommodations (not more than two towers). developer can suggest options with high roi. current value of land is n7.5 billion. facilitators fees: 8% of current value (net bola...

*direct jv in lekki environs* 1) *jv 621sqm fenced land in orchid by lekki conservation center road l* title :- cofo, governors consent in process *proposal:- blocks of aparment, developer should come with a lovely design* no premium facilitators:- 10% value :- 250m *sharing formula :- 60-40 in favour of developer* send a dm for video and details pls we want a cash ready developer for deliv...

Urgent joint venture 1053.79sqm of land at block 5,plot 17, lekki scheme ii off ogombo road, ajah,lekki,lagos. proposal- 7 units of 3 bedroom terrace sharing: owner 3 units/ developer 4 units premium -none title - c of o land value- #250m facilitators-10% net. bola...

Joint venture deal size: 730sqm land sharing ratio: 55/45 proposal: blocks of luxury 2bedroom apartments facilitators fee: 10%net note: only developers should be contact us for inspecti...

*joint venture land at ikeja - 100% deliverable* location: along awolowo way ikeja lagos land size: 2,000 square meters title: certificate of occupancy proposal: open land value: 2billion premium: 10milion broker fee: 10% of land value procedure: -letter of intent -company's profile -past project details -proposal -an official letter, agreeing to 10% brokers fee note: all the sqm is 2900 sqm but owner wants to sell 900 sqm for outright sales and 2000 sqm for joint venture. any interested developer is free to do 2000 sqm joint venture and pay 10 million for premium #rokeebat#~lamo(b...

Direct joint venture in usman emmanuel estate atlantic nominee estate general paint ajah 2) *jv 1450sqm in atlantic nominee estate by general paint by usman emmanuel estate metro homes environs* proposal:- 9 units of 4bedroom terraces or 3bedroom terrace with bq title:- consent premium:- nil value:- 250m facilitators:- 10% send a dm for video and details pls we want a cash ready developer for delivery *projected delivery is 5- 6 months for all ...

Joint venture investment opportunity direct deal with the landowner and developer. location: abraham adesanya, lekki, lagos land size: 1,918 sqm title: global c of o development concept: 15 terraces (already approved) 5 units currently under construction verified off-takers in place seeking investors to complete the remaining 10 units terraces going for 110m at offplan price. 130m upon completion. land value / total price: ₦250m proposed profit sharing: 65/35 direct deal with the landown...

*closeable joint venture development partnership properties* a parcel of land of approximately 1,238sqm located in a gated and secured estate (close to megamound estate) access through adenike olotu street off mobil road, ilaje, ajah *proposal* - open *property value* -n400m *facilitators fee* -10% of property value *sharing ratio* 50:50 -tittle:c o...

Central business district, abuja. joint venture land. land size: 5,467 square meters * purpose: mixed use* sharing ratio: 60/40* premium: none* land value: 6 billion naira* land title: c of o (handy)* facilitator's fee: 10%* there's a building design available and the facilitator's fee is payable upon signing of the jva.* note: we are looking for a developer with good track record, that can deliver within the specified period. the land owner wants 12 floor building. procedure submit your loi and company profile then meet with the land owner. https://maps.app.goo.gl/y6u8bpidc6rgytk76 hurry!!!. thank you.....

Jv jv jv location: central business district abuja size: 1.1 hectare land value: 8 billion no premium title: cofo fcda purpose - mixed use the owner is proposing a service or short-let apartment and plaza/office complex sharing ratio: 60/40 *facilitator's fee*: 10% non refundable (to be paid upon signing before moving to the site) #rokeebat#temini(sa...

Jv katampe main residential land size 6,325 land value tbd premium tbd sharing formula 50/50 agency ...

*j.v. in katampe extension* size:- 2405 square meters location:-katampe extension ratio: 50/50 premium:- 200 million naira refundable title:-c of o land value:- 2 billion naira purpose:-residential facilitators commission:-10% choice of building type: 6 units of fully detached duplexes note : the owner will take care of blasting the rocks after signing of the jv and payment of the premium https://maps.google.com/?q=9.122046,7.426603 hurry!!!. thank you......

Talk to semi mandate jv a standard, solid land land size: 2,500sqm of land. location: magodo phase 2, shangisha estate, lagos title: c.of.o value: ₦1.5b proposal: open sharing: 50:50 premium: nil facilitators fee: 10%. _gaad24_ #rokeebat#temini(pil...

Fastest fingers joint venture. land available. location: guzape main. land size: 3.2 hectares land value: ₦7.5 billion. purpose: mixed use title title: r of o sharing formula: 50: 50 premium: nil facilitator's 10%. https://maps.app.goo.gl/jfgm9k9rr7qupugy6. hurry!!!. thank you.....

*jv @ dakibiyu* google https://maps.app.goo.gl/ujmcgcftjd9ahizv9 size: 1,981.45 sqm sharing formula: 60/40 premium: n15m (refundable) outstanding c of o bill: n13m (refundable) purpose: residential title: r of o land value: n240m facilitators' fee: ...

Kaura abuja* size: 2,000.12 square meters. location: kaura opposite sun city estate gudu district fct abuja purpose: residential sharing ratio: 60:40 refundable premium: 60 million naira. title: fcda c of o value: tbd facilitators fee: 10% hurry!!!. thank you.....

*joint venture at johnson street off coker road, ilupeju estate."* * description: its an approximately 800m2 property along johnson street, ilupeju. the location is residential and suitable for redevelopment. * preference is a residential block of 10 flats. * property value is n800m. * premium is n60m * title is cofo. lets have your offer or proposal. . jv jv jont ventures, % closa...