There are 161 land joint venture in Ikoyi as of 5 Sep 2026. Every listing is posted by an estate agent or developer you can contact directly — filter by price, type, furnishing and recency to find the right home.
JV opportunity Location: Banana Island Road - Ikoyi Lagos Key Details: - Land size: 4,000 SQM - Land Value: ₦4.5m Per SQM - Proposal: Maisonette & apartments - Facilitators' Fees: 10% - Sharing Ratio: TBD Note: Owner wants a building on the 1,000 SQM for himself and 3,000 SQM with block of flats/maisonette High-rise. Experience developer is a must with proof of funds Finpro2020WR
Banana Island Road, Ikoyi, Lagos
Added today
4000 sqm
Finepro Properties
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₦18,000,000,000
Mixed-use land joint venture
4000SQM Mixed-Use Land with Structure
Joint venture in Ikoyi, Lagos. Open proposal Location: Cameron/Kingsway Road Ikoyi Land size: 4000sqms with structure. Land value: ₦4.5million/sqm Proposal: Open Title: C of O Sharing ratio: 50/50. Facilitators fees 10% Mixed developments. The road is zoned for a minimum amount of floors PS The survey will be made available upon request
Cameron/Kingsway Road, Ikoyi, Lagos
Added today
4000 sqm
Business Accords
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1
₦20,000,000,000
Residential land joint venture
5, 000 SQM Residential Land
Joint Ventures N20billion banana island land joint venture n2billion facilitator's fee 5,000 SQM C of O ikoyi, lagos developer-only mandate design ready immediate closure Property Highlights: Location: Banana Island, Ikoyi, Lagos Size: 5,000 sqm Title: Lagos State Certificate of Occupancy -- C of O Land Value: ₦20,000,000,000 Premium: Nil Facilitator's Fee: ₦2,000,000,000 [10% Net] Status: Design Available Owner Ready for Immediate Closure Proposed Development: 21 Units total - 3 Detached Houses - 1st -- 4th Floor: 4 x 4 Bedroom + 1 x 5 Bedroom = 16 Units - Penthouse Level: 2 x 5 Bedroom Penthouses Sharing Ratio: TBD Developer requirements: Company Profile + Detailed Proposal + pof + Performance Record + Facilitator's Fee Letter + loi Special note: Owner preference: Developer with existing or ongoing Banana Island project for verification.
Banana Island, Ikoyi, Lagos
Added yesterday
5000 sqm
Landsome Company Limited
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1
₦21,600,000,000
Land joint venture
4, 800 SQM Corner Land
Joint Venture Development Opportunity Corner piece -- thompson & glover road, old ikoyi Location: Corner piece between Thompson Road and Glover Road, Old Ikoyi, Lagos Land Size: Approximately 4,800 sqm Land Value: ₦4,500,000 per sqm Premium: Nil Title: To be provided for review Proposal: 12 floor block of flat. The land is owned by a major military general Procedure for closure: 1) Inspection 2) Loi from the developers company letter headed and signed by the developer. 3) Facilitators fee letter. Signed by the developer. 4) Structural proposal. 5) Meeting with the owner at abuja. Please Note: For any Enquiry. State your link first before asking my link. If not I'll ignore your message and delete it from my DM Thank you for complying Golden
Thompson Road and Glover Road, Old Ikoyi, Ikoyi, Lagos
Added yesterday
4800 sqm
Flowtouch Properties
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1
₦4,500,000
Land joint venture
4, 630.52 SQM Prime Land
Over 1 acre of prime land for joint venture on Milverton Road, Old Ikoyi, Lagos. Land Size: 4,630.52 sqm Site Configuration: One continuous JV site comprising 2 adjoining parcels Parcel Sizes: 2,340.32 sqm & 2,290.20 sqm Preferred Development Option: Luxury single or twin-tower development of 9--11 floors or more. Construction to be handled by a verified and experienced contractor. Sharing ratio: Subject to mutual agreement with the landowner Title: Lagos State C of O Land Value: ₦4.5 Million per sqm Property Path: - Prestigious Milverton Road address in Old Ikoyi - Ultra-luxury residential market with strong demand from HNIs, executives & expatriates - Scarcity of large development sites, supporting premium development potential - Strategic access to Victoria Island, Banana Island, Falomo & other key Lagos business districts Only direct clients or principal mandates are welcome. Kindly note that inquiries from third parties will not be responded to.
Milverton Road, Old Ikoyi, Ikoyi, Lagos
4631 sqm
Fortmichan Real Estate Services
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₦21,000,000,000
Mixed-use land joint venture
5, 000SQM Mixed-Use Land
Joint venture 5,000SQM osborne phase 1 waterfront 3,200SQM to BE reclaimed by developer from the lagoon federal C of O Land summary Total Size: 5,000SQM Price: ₦4,200,000/SQM Total Land Value: ₦21,000,000,000 Note On Ground: 1,800SQM Direct Waterfront Build ready To Be Reclaimed: 3,200SQM From the lagoon by Prospective Developer Property Details Location: Osborne Phase 1, Ikoyi, Lagos Title: Federal Certificate of Occupancy & Other Relevant Documents Proposal: Detached Houses or Terrace Houses JV Terms: Sharing Formula To Be Discussed Facilitator's Fee: 10% Note: 3,200SQM requires reclamation from the lagoon as advised by the owner
Osborne, Ikoyi, Lagos
5000 sqm
Bentol Home Plus
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₦4,500,000
Residential land joint venture
4, 000 SQM Residential Land
JV opportunity Location: Banana Island Road - Ikoyi Lagos Key Details: - Land size: 4,000 SQM - Land Value: ₦4.5m Per SQM - Proposal: Maisonette & apartments - Facilitators' Fees: 10% - Sharing Ratio: TBD Note: Owner wants a building on the 1,000 SQM for himself and 3,000 SQM with block of flats/maisonette High-rise. Experience developer is a must with proof of funds BS
Banana Island Road, Ikoyi, Lagos
4000 sqm
Bentol Home Plus
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1
₦12,500,000,000
Land joint venture
4500SQM of Land
Joint venture osborne phase 2 4500sqm available for partnership Proposal of maisonette Of 2bed, 3 and 4bed 80units in total on 13 floors Premium to be discuss Value 12.5b Title: C of O Semi direct Facilitator fee 10%
Osborne, Ikoyi, Lagos
Bentol Home Plus
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1
₦2,000,000
Commercial land joint venture
3376.299SQM of Land Strictly for Residency Purpose
Size: 3376.299Sqm Price: N2,000,000 per Sqm Title: Lagos State CofO Note: Strictly Residential, Outright Sale and No Joint Venture. Half (being 1,688.15sqm) can be sold. Location: Ikoyi coma#
Ikoyi, Lagos
3377 sqm
Emmy Properties
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₦4,500,000
Residential land joint venture
Land Development Partnership
Joint Venture Opportunity -- Milverton Road, Ikoyi location: Milverton Road, Ikoyi, Lagos Land Details: - 2 Plots of Land (A & B) - Plot a: 2,340.32 sqm - Plot B: 2,298.20 sqm Total Plots= 4,629.52 Land Value: N4,500,000 per sqm Title: Lagos State C of O Premium: Nil Survey: Available upon submission of company profile mou: Available if required Owner's Development Preference:* - Single Tower or Twin Tower Development - Minimum of 11 Floors and above - Preferred contractor to handle construction must be verified and experienced a rare Joint Venture opportunity in one of Ikoyi's most prestigious locations, suitable for a high-end luxury development. Interested developers/investors are welcomed to engage. (MTom)
Milverton Road, Ikoyi, Lagos
4629 sqm
Leaders Properties Limited
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1
₦6,500,000,000
Residential land joint venture
1400 SQMS Land
Banana Island, Ikoyi. 1,400 SQM. Joint Venture. ₦6,500,000,000 Land Value. ₦1,000,000,000 Premium. Federal Certificate of Occupancy. This Is Not a Home for a Renter to Buy. This Is the Plot a Developer Has Been Waiting For. The problem There is a category of Lagos real estate conversation that has nothing to do with escaping a landlord --- and this listing sits squarely inside it. Most JV opportunities marketed as "Banana Island" turn out to be undersized, poorly titled, or attached to a landowner whose sharing terms make the arithmetic unworkable before a single foundation is poured. Developers who have spent years circling this island for a genuine build slot know the actual bottleneck isn't capital. It's finding 1,400sqm, Federal C of O, on the island itself, from an owner who has already stated what they want built. This listing removes that bottleneck. The owner has already specified the outcome: a block of luxury flats, or luxury terrace houses with a penthouse. The title is Federal C of O --- the cleanest instrument available on this island. The land size is large enough to support a real development footprint, not a compressed one. The question isn't whether Banana Island is the correct address for a luxury residential development. It's whether this specific parcel, at this specific value, is the one worth committing construction capacity to before another developer does. The agitation Here is what the numbers on Banana Island JV land actually show right now. Recent comparable JV parcels on the island have valued land anywhere from roughly ₦850,000/sqm on older-dated listings up to ₦2.1M/sqm, ₦4M/sqm, and ₦5M/sqm on more recent 2026-dated JV offers --- a spread that reflects waterfront position, zoning, and how recently the parcel was valued. A 1,500sqm JV parcel currently listed elsewhere on the island values land at ₦5M/sqm for a total of ₦7.5B, proposing a mixed low-rise-to-penthouse structure comparable in ambition to what this owner is requesting. This listing --- 1,400sqm, ₦6.5B land value, ₦1B premium --- works out to approximately ₦4.64M per sqm before the premium is factored in. That places it inside the current Banana Island JV range, priced below the ₦5M/sqm comparable cited above, on a parcel large enough to support either of the two development formats the owner has already approved. The scarcity is not abstract. Banana Island's land supply for JV-ready parcels with Federal C of O --- as opposed to Lagos State C of O, or land still working through title perfection --- has been consistently limited, which is precisely why the JV structure exists at all: the owners holding this land are not selling it outright, and they are not releasing it to just any developer. Every month a qualified developer defers engaging this specific parcel, the risk isn't that the price falls. It's that another development partner with proof of capacity closes it first. The solution 1,400 square metres of residential land, Banana Island, Ikoyi. Federal Certificate of Occupancy. ₦6,500,000,000 land value. ₦1,000,000,000 premium. Owner-approved development path: a block of luxury flats, or luxury terrace houses with a penthouse. Here is what this parcel actually delivers to the developer who can close it: Federal Certificate of Occupancy. The strongest individual title instrument available under Nigerian land law, superior in registration standing to a Lagos State-issued C of O or a Deed of Assignment awaiting Governor's Consent. For a developer financing construction against this land, or presenting to institutional co-investors, a Federal C of O removes the single biggest source of delay and legal risk in a Lagos JV --- title uncertainty. 1,400sqm on Banana Island itself. Not an adjacent axis, not a "Banana Island-adjacent" address used loosely by other listings. This is land on the island the entire luxury Lagos market treats as the ceiling reference point --- the address every other Ikoyi and VI comparable gets measured against, not the reverse. Owner-defined development brief. The owner is not asking a developer to guess what will be approved. Luxury flats, or luxury terrace houses with a penthouse, are already the stated preference --- which shortens the negotiation phase considerably compared to a JV where design intent is still undefined. ₦6.5B land value against a market range of ₦4M--₦5M/sqm on comparable 2026 JV parcels. At approximately ₦4.64M/sqm, this parcel sits inside --- and below the top of --- the current range for genuine Banana Island JV land, before any premium negotiation. ₦1B premium. Disclosed upfront, not buried in a facilitator's fee structure discovered mid-negotiation. A developer evaluating this deal knows the full cost basis before committing time to due diligence. Why this beats the alternative JV parcels currently circulating. Several Banana Island JV listings on the market right now carry ambiguous or undisclosed premiums, Lagos State C of O rather than Federal, or land sizes too small to support anything beyond a compressed low-rise. This parcel discloses its premium, holds the stronger title, and sits at a size that supports a genuine luxury block or terrace-with-penthouse format --- the exact profile that has driven the strongest resale and rental yields on the island over the past several years. The call to action 1,400sqm. Banana Island, Ikoyi. Federal C of O. ₦6,500,000,000 land value. ₦1,000,000,000 premium. Development path: luxury flats or luxury terrace houses with penthouse. This is not an offer for a corporate professional looking to stop renting. This is a JV slot for a developer, construction firm, or family office with the capacity to execute a Banana Island-grade build and the documentation to prove it. Call the agent, or send your company profile for survey review, via Smilebay Realties: +234 901 517 4801. Serious developers only. Proof of construction capacity required before terms are discussed. The island doesn't release land like this often. The title is already Federal C of O. The brief is already written. The developer who closes it hasn't been decided yet. Land Type: Residential Land --- Joint Venture Size: 1,400 sqm Land Value: ₦6,500,000,000 Premium: ₦1,000,000,000 Title: Federal Certificate of Occupancy (C of O) Owner's Development Preference: Block of luxury flats, or luxury terrace houses with penthouse Security: Security/gateman Location: Banana Island, Ikoyi, Lagos NPC Comparable Context (Banana Island JV/land market, 2026): 1,500.23sqm JV parcel, Banana Island Estate --- ₦5,000,000/sqm (₦7.501B total) 2,300sqm JV parcel, Banana Island (mixed zone) --- ₦4,000,000/sqm + ₦300M premium 1,900sqm JV parcel, Banana Island (corner piece) --- ₦2,100,000/sqm This listing: 1,400sqm, Banana Island --- approx. ₦4,640,000/sqm + ₦1B premium Posted: 24 July 2026 Listed by: Smilebay Realties Limited --- Ref: #358-722-7
Banana Island, Ikoyi, Lagos
Smilebay Realties Limited
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₦4,500,000
Residential land joint venture
4000SQM of Land in a Well Secured Area
Joint Venture Opportunity Alert Location : Banana Island Estate Road, Ikoyi, Lagos Key Details: . Land size: 4,000 SQM . Land Value: ₦4.5m Per SQM . Proposal: Maisonettes & Apartments . Facilitators' Fees: 10% . Sharing Ratio: TBD note: Owner wants a building on the 1,000 SQM for himself and 3,000 SQM with block of flats/maisonette High-rise. Experience Developer is a must with proof of Funds. Olajbatdangbe
Banana Island, Ikoyi, Lagos
4000 sqm
David Moren Property Services
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₦13,500,000
Residential land joint venture
3000SQM Residential Land
Joint venture Land Size: 3,000sqm Location: Kingsway, Ikoyi, Lagos. Land value: #4.5m per sqm Title: C of O Proposal: up to 12 floors Sharing Ratio: 60:40% Premium: nill Facilitators: 10% Net Note: - Send expression of interests & project proposal. - facilitators' fee's letter 10% Net. - construction company profile.
Kingsway, Ikoyi, Lagos
3000 sqm
M.B.B Property & Legal Services
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₦8,810,227,630
Residential land joint venture
Residential Land on Glover Road
Joint venture opportunity Glover road, ikoyi Land Details: - Survey: Available - Location: Glover Road, Ikoyi - Size: 1,878.729 sqm - Title: Lagos C of O - Premium: Nil - Land Value: ₦4.700,000 per Sqm - Mou: Subject to agreement - Development Preference: Luxury Residential Apartments
Glover Road, Ikoyi, Lagos
Gripzace Realty LTD
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₦10,500,000,000
Residential land joint venture
A Land Measuring 2,340.32 SQM
Joint venture opportunity -- milverton road, ikoyi Location: Milverton Road, Ikoyi, Lagos Land Details: - 2 Plots of Land (A & B) - Plot a: 2,340.32 sqm - Plot B: 2,298.20 sqm Land Value: N4,500,000 per sqm Title: Lagos State C of O Premium: Nil Survey: Available upon submission of company profile mou: Available if required Owner's Development Preference: - Single Tower or Twin Tower Development - Minimum of 11 Floors and above - Preferred contractor to handle construction must be verified and experienced a rare Joint Venture opportunity in one of Ikoyi's most prestigious locations, suitable for a high-end luxury developmen. Interested developers/investors are welcome to engage. #awdeZ
Milverton Road, Ikoyi, Lagos
2340 sqm
Awodd Properties LTD
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₦4,000,000
Residential land joint venture
A Land Measuring 1159 SQM
JV available at lugard old ikoyi Size: 1159sqm Title: Lagos State CofO Agency: 10% Premium: 150M Proposal: Apartments Value: 4M per sqm Sharing formula: 50/50 Procedures: - Company profile - Letter of intent - Facilitators fees We can close in 1 week #awdjum
Lugard Road, Ikoyi, Lagos
1159 sqm
Awodd Properties LTD
Premium
1
₦36,000,000,000
Residential land joint venture
8000SQM Prime Waterfront Land for Luxury Residential Development
8000sqm Prime Waterfront Land for Luxury Residential JV Development The property comprises approximately 8,000 SQM of prime waterfront land, with the option to divide into two portions, making it suitable for phased development. Development Purpose - Luxury Residential Development - Ultra-luxury apartments - Waterfront mansions - Premium high-end real estate project commercial terms Land Value: ₦4.5 Million per SQM Indicative Land Value: ₦36 Billion Premium: ₦2 Billion --- deductible from the Owners' Share Facilitators' Fee: 10% Title: Registered Supreme Court Judgment Location: 2nd Avenue, Banana Island, Ikoyi, Lagos
2nd Avenue, Banana Island, Ikoyi, Lagos
Jonela Concept
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₦19,500,000,000
Land joint venture
3900SQM Land Development Opportunity
JV Development Opportunity -- Glover Road, Ikoyi. Location: Glover Road, Ikoyi, Lagos. Land Size: 3,900 sqm Title: Certificate of Occupancy (C of O) An excellent Joint Venture (JV) opportunity is available in Ikoyi for a competent and reputable developer with the capacity to complete an existing approved development scheme. Key Features: - Existing approved building design - The property has already been piled for a 17-floor high-rise development - Piling works were carried out by Julius Berger - Cost incurred on the piling works will be refunded, subject to the agreed terms Requirements from Interested Developer: - Letter of Intent (LOI) - Company Profile - Agency Letter - Joshu
Glover Road, Old Ikoyi, Ikoyi, Lagos
3900 sqm
Charis Estate
Premium
₦12,600,000
Mixed-use land joint venture
2800SQM Land
Closable JV on glover road Land measuring 2800 sqm for joint venturw Location: Glover Rd, Ikoyi Land Value: 4.5m per sqm Premium - Nil Title: C of O Proposal: (Minimum of 15 floors) Developer who has done highrise Facilitators fee: 10% of the Land value. Terms and conditions apply Wez
Glover Road, Old Ikoyi, Ikoyi, Lagos
2800 sqm
Charis Estate
Premium
₦4,500,000
Residential land joint venture
A Corner Piece Land
Joint venture @ old ikoyi, lagos Location: A Corner piece between Thompson road and Glover road, Old Ikoyi, Lagos. Land Size: Approximately 4,800 sqm Land Value: ₦4.5m/ sqm Title: C of O Premium: Nill Sharing ratio: TBD Facilitators' fee: 10% of total land value. Proposal a premium luxury residential development comprising of: - High-rise: 15 floors and above to include: - Luxury 3-bedroom apartments, each with Boys' Quarters - Exclusive penthouses with 2 or 3 Boys quarters The developer is expected to deliver an high-end architectural design and premium specifications suitable for the Old Ikoyi luxury residential market subject to feasibility studies and necessary planning approvals. Procedure Loi, company profile, project proposal and facilitators' fee's letter. Survey will be released after the submition of the above requirements.
Between Thompson Road and Glover Road, Old Ikoyi, Ikoyi, Lagos
4800 sqm
M.B.B Property & Legal Services
Showing 1–20 of 161 properties
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Area Guide
About Ikoyi, Lagos
By and large, Ikoyi is a posh neighbourhood with a mishmash of exquisite residential apartments and commercial presence.
Ikoyi borders the Lagos Lagoon and takes up the eastern half of Lagos Island. It is one of the towns that make up the Eti-Osa Local Government Area of Lagos state.
Originally, the British Colonial Governments designated Ikoyi as a residential area for the expatriate community perhaps due to its proximity to the sea. However this arrangement changed with time with big establishments locating their corporate headquarters at Ikoyi. Ikoyi is home to the creme de la creme of the Nigerian society, from diplomats to senior company, business executives and senior public servants.
