There are 27 land joint venture in Ikate as of 4 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.
1–20 of 27 properties joint venture
Residential land joint venture
Joint venture opportunity -- Cowrie Creek Estate, ikate Land Size: 800 SQM Land Value: ₦950,000,000 Premium: ₦100,000,000 Net Facilitator Fee: 7% For more info: : 07080812229,08138002572 Email: [email protected]
Residential land joint venture
Joint venture opportunity --- Cowrie Creek Estate, ikate Location: Cowrie Creek Estate, Ikate Land Size: 800 SQM Land Value: ₦950M Premium: ₦100M net Facilitator Fee: 7% NB: This opportunity is strictly for Serious & Capable Developers with proven capacity to execute. Jami
Residential land joint venture
800sqm of bareland for jv in cowrie creek estate Ikate. Land value 950, premium 100m, facilitators 10%. Contact 09169725780
Residential land joint venture
Alma Beach Estate, Ikate, Lekki. Joint Venture. 1,200 SQM. ₦1,500,000,000 Asking. Certificate of Occupancy. Minimum 16 Flats. Sharing Ratio Open to Proposal. Before You Read the Rest of This Listing, Read This: The Price Needs an Answer the Description Doesn't Give. The problem There's a category of Ikate JV land where two nearly identical parcels --- same size, same title type, same general corridor --- can carry wildly different asking prices, and the only way a developer finds out is by actually comparing them side by side instead of taking one listing's number at face value. Most JV land search happens the opposite way. A developer sees an address they recognize --- Alma Beach Estate, Ikate, oceanfront-adjacent --- reads a plausible unit count, and starts modelling a proposal before checking what an essentially identical footprint is trading for two streets over. That's how a developer ends up structuring an equity split against a land value that's double the market's going rate for the same size plot in the same neighborhood. This listing is 1,200sqm, Alma Beach Estate, Ikate. Certificate of Occupancy. ₦1,500,000,000 asking. A minimum of 16 flats requested. Before running a single unit-economics model, the honest first step is putting this number next to what else is trading on the exact same footprint in the same corridor right now. The agitation Here's what that comparison actually shows, and it's not subtle. A separate 1,200sqm JV parcel in Ikate --- the identical size, the identical Lagos C of O title, a 50/50 sharing structure and a 10% facilitator's fee --- is listed at ₦600,000,000. That works out to approximately ₦500,000 per sqm. A 1,000sqm parcel behind Pinnacle Marwa, Ikate, on Governor's Consent, is asking ₦650,000,000, or ₦650,000/sqm. A 1,192sqm corner piece at Itedo Estate off Freedom Way, Ikate, is asking ₦500,000,000 plus a ₦40,000,000 premium --- approximately ₦419,463/sqm all-in. A larger 3,512sqm parcel on Gbangbala Street, Ikate, sand-filled and fenced, is asking ₦650,000/sqm. This listing --- 1,200sqm at ₦1,500,000,000 --- works out to approximately ₦1,250,000 per sqm. Against four independently listed Ikate JV comparables clustering between ₦419,463 and ₦650,000 per sqm, that's not a modest premium. It's roughly double to triple the corridor's going rate on land of comparable or larger size. Is there a legitimate reason for that gap? Possibly. Alma Beach Estate specifically markets itself on proximity to the Ikate-Elegushi oceanfront, and a genuine beachfront or near-beachfront position inside a gated estate can command more than raw JV land elsewhere in Ikate. A 10,000sqm outright parcel at Alma Beach Estate, described as fenced and near the ocean front, sold for ₦700,000,000 total --- which on a per-sqm basis is actually far cheaper than this listing (≈₦70,000/sqm), though outright sale pricing on a much larger, likely undeveloped parcel isn't a clean apples-to-apples comparison against a 1,200sqm JV plot. What that comparison does confirm is that Alma Beach Estate itself isn't inherently a premium-priced address in every transaction type --- which makes the ₦1,250,000/sqm rate on this specific 1,200sqm JV parcel even harder to explain without a specific justification from the seller: exact plot position, direct beach frontage, or a stated reason this parcel differs materially from the ₦419,463--₦650,000/sqm Ikate comparables above. We're not resolving that question for you. A developer evaluating this deal should ask the agent directly, in writing, what specifically justifies this parcel's rate against the four comparables cited --- and should not proceed to a sharing-ratio proposal until that answer holds up. The solution 1,200 square metres, Alma Beach Estate, Ikate, Lekki. Certificate of Occupancy. ₦1,500,000,000 asking value. Minimum proposal: 16 flats. Sharing ratio open to developer proposal. Premium: 10% of value. Facilitator's fee: 10% of value. Here is what a developer should actually evaluate before proposing terms: A specific, checkable unit benchmark. Sixteen flats minimum on 1,200sqm gives a concrete density target to model --- verify feasible floor count and permitted density with Lagos State planning before committing to a sharing ratio, since the 16-unit figure needs to be tested against actual buildable floor area, not accepted as automatically achievable. Certificate of Occupancy. A recognized title instrument. Confirm it's a full C of O and not a lesser instrument like the Governor's Consent or Elegushi C of O seen on comparable Ikate parcels --- title type materially affects how this parcel should be valued against the comparables above. Alma Beach Estate, Ikate. A named estate address with genuine proximity to the Ikate-Elegushi oceanfront corridor --- a real locational asset, but one whose actual premium over generic Ikate JV land needs to be demonstrated with this specific parcel's exact position, not assumed from the estate name alone. Open sharing ratio. The owner hasn't fixed the equity split --- genuine room for a developer to structure a ratio around their real construction cost basis, provided the underlying land valuation used to anchor that ratio is itself defensible. Combined 20% transaction cost on a disputed base value. The 10% premium and 10% facilitator's fee are both calculated on the ₦1.5B asking value --- meaning if that base value is inflated relative to the corridor's actual going rate, the fees compound the overpayment rather than simply sitting on top of a fair number. Why the comparables matter more than the address here. A developer proposing a sharing ratio against an inflated land value effectively gives away more of the completed development's equity than the land is actually worth. Anchoring the negotiation to the ₦419,463--₦650,000/sqm range already trading in Ikate --- and asking the seller to justify anything above it --- protects the developer's actual return before a single foundation is poured. The call to action 1,200sqm. Alma Beach Estate, Ikate, Lekki. ₦1,500,000,000 asking --- well above the ₦419,463--₦650,000/sqm range currently trading on comparable Ikate JV parcels. C of O. Minimum 16 flats. Sharing ratio open to proposal. 10% premium, 10% facilitator's fee. The buyer for this parcel is a developer who will not accept the asking value at face value, and who will require the agent or owner to justify it directly against the four comparables cited above before structuring any sharing-ratio proposal. Call or WhatsApp Smilebay Realties: +234 901 517 4801 and ask specifically: what justifies this parcel's per-sqm rate against comparable Ikate JV land currently trading at less than half this price? Serious developers only. Request the specific justification for the asking price, in writing, before proposing terms. The unit count is already set at a minimum of 16. The title is stated as C of O --- confirm that in writing before anything else. The number that actually matters isn't the asking price on this page. It's whether anyone can justify the gap between it and everything else trading two streets over. Land Type: Residential Land --- Joint Venture Size: 1,200 sqm Asking Value: ₦1,500,000,000 (≈₦1,250,000/sqm --- flagged as significantly above corridor comparables; verify justification before proceeding) Proposal Requirement: Minimum 16 flats Sharing Ratio: Open --- developer to propose Title: Certificate of Occupancy (C of O) --- confirm instrument type in writing Premium: 10% of value Facilitator's Fee: 10% of value Location: Alma Beach Estate, Ikate, Lekki, Lagos (Meadow Hall axis) NPC/Market Comparable Context (Ikate JV land): 1,200sqm, Ikate, Lagos C of O, 50/50 sharing --- ₦600,000,000 (≈₦500,000/sqm) 1,000sqm, behind Pinnacle Marwa, Ikate, Governor's Consent --- ₦650,000,000 + ₦50M premium (≈₦650,000/sqm) 1,192sqm corner piece, Itedo Estate off Freedom Way, Ikate --- ₦500,000,000 + ₦40M premium (≈₦419,463/sqm) 3,512sqm, Gbangbala St, Ikate, Governor's Consent, sand-filled --- ≈₦650,000/sqm (₦2,282,800,000) 10,000sqm, Alma Beach Estate, oceanfront, outright sale --- ₦700,000,000 (≈₦70,000/sqm) This listing: 1,200sqm, Alma Beach Estate, Ikate --- ₦1,500,000,000 (≈₦1,250,000/sqm) Posted: 31 August 2026 Listed by: Smilebay Realties Limited --- Ref: #364-931-7
Residential land joint venture
A land measuring 1,200Sqm located at Alma Beach Estate Ikate, Lekki, Lagos State. Value: #1.5 Billion. Proposal: a minimum of 16 flats Sharing: TBD. Title: Certificate of Occupancy (C of O) Premium: 10% of the Value (Negotiable). Facilitator's fees: 10% of the Value Location: Alma Beach Estate Ikate, Lekki, Lagos State Note: For more enquiries and inspection about the Outright Sale or Joint Venture kindly contact or WhatsApp. Contact 09169725780
Residential land joint venture
Outright sale / joint venture (Semi Direct Instruction) a land measuring 1,200Sqm located at Alma Beach Estate Ikate, Lekki, Lagos State. Value: #1.5 Billion (Asking Price) Proposal: a minimum of 16 flats Sharing: TBD. Title: Certificate of Occupancy (C of O) Premium: 10% of the Value (Negotiable). Facilitator's fees: 10% of the Value Location: Alma Beach Estate Ikate, Lekki, Lagos State Note: For more enquiries and inspection about the Outright Sale or Joint Venture kindly contact or WhatsApp.
Residential land joint venture
Semi direct brief For jv/sales ikate, lekki Size: 653sqm Kusenla road, ikate elegushi 900K per sqm Elegunshi global CofO. Location link: https://maps.app.goo.gl/R67EMYere5gtioi76 Proposal: Owner wants 12units of 2bedroom and 2units of 3bedroom pent house Facilitator's fee: 10% premium: 50million Sharing: TBD @adek$$
Residential land joint venture
Semi direct brief For JV ikate, lekki Size: 2,000sqm residential labd Bella Vista Estate on freedom way, Lekki Phase 1 1.3m per sqm Governor's Consent Location link: https://maps.app.goo.gl/7TVBmPWEet8poQBUA Proposal: 12 unit of premium Terraces Facilitator's fee: 10% Premium: 500m net (Not refundable) Link: I'm dealing with the mandate
Residential land joint venture
Joint venture (JV) Off Freedom Way, Ikate, Lekki, Lagos.. 1,034 square metres bareland in a well built up area with a lots of developments on going. (Owner has an existing drawing on ground already) Title: CofO. Value: ₦1.5b Proposal: 5/6 floors of 2/3 bedroom flat with penthouse 2 Sharing formular: 50/50. Facilitator's fee: 10%
Land joint venture
Closable JV with a flexible development proposal Land Size: 1,000 SQM Property Value: ₦900M Sharing Formula: 50/50 Development Proposal: Open Facilitator's Fee: 10%
Residential land joint venture
Joint venture at ilasan, lekki Location: Ilasan, Lekki. Land size: 1642m² Land value: ₦2.2B Proposal: 9-storey building comprising of 36 luxury apartments - 18 nos. of 3 bedroom +1 room BQ, and 18 nos. of 2 bedroom flats. Already approved with 180 Piles already completed with plt/pit test reports. Sharing Formula: TBD Facilitator's Fee : 10%
Land joint venture
Closable joint venture ikate Ikate,Lekki Size:3100sqm Title:Governor's consent Proposal:45 units of 2/3 bedroom apartment Premium:N30m Land value :N2.6b Sharing :to be discussed Facilitator's Fee: 10%
Land joint venture
Closeable joint venture location: Meadow Hall Ikate construction: Block of Flats premium: Nill land size: 5000 SQM sharing ratio: 50:50 Value: 1m per sqm = 5B tittle: C of O facilitators fee: 10% Slightly negotiable @eve_orch$$
Land joint venture
Closeable JV location: Meadowf Hall Ikate construction: Block of Flats premium: Nill land size: 5000 SQM sharing ratio: 50:50 Value: 1m per sqm = 5B tittle: C of O facilitators fee: 10% Slightly negotiable olashile
Land joint venture
For sale/jv ikate Behind dome church, off freedom way, ikate Size: 1263sqm of bareland @ - Proposal: A 6 storey luxury Apartment of 16 units of 2 bedroom flat with 3 or 4 bedroom penthouse on the 6th floor. - land value: 1.3 billion. - premium of 100millon refundable within the period of 6 months - sharing ratio: 55% to developer & 45% to landlord - project duration: 18 months - proof of fund from the developer. - Track record of the developer. - facilitators fee: 10%
Land joint venture
Jv 800sqm @ Cowrier Creek Ikate Land value: #950m Premium: #100m net Facilitator fees : 7%
Residential land joint venture
Semi direct brief For jv/sales ikate, lekki Size: 1,263sqm Behind dome, off freedom way, ikate 950K per sqm Deed and consent Location link: https://maps.app.goo.gl/H8MEH1rHj5snech78 Proposal: 22 units of 2bedrooms and 2 units of 3bedroom pent house Facilitator's fee: 10% premium: 100million Sharing: 60/40 in favour of developer I'm dealing with the mandate @adek$$
Residential land joint venture
For JV or sale ilasan Land size: 1,296sqm bareland ilasan, ikate, Lekki peninsula Elegushi global CofO and Deed of Assignment 750,000k per sqm Premium: N50million Location link: https://maps.app.goo.gl/afDrARNiXVmK5MUr7 Sharing: 60/40 in favour of developer Proposal: Block of flats Link: I'm dealing with mandate @adek$$
Land joint venture
A land measuring 1,200Sqm located at Alma Beach Estate Ikate, Lekki, Lagos State. Value: #1.5 Billion (Asking Price) proposal : a minimum of 16 flats sharing: TBD Title : C of O premium : 10% of the Value. Facilitator's fees : 10% of the Value
Land joint venture
JV in ikate, Platinum way by nicon town. Size: 730m² Title: Gov consent. Value: 1.250 Billion Naira Sharing: 50/50 Facilitator: 10% Proposal: 2 bed flat 16 units (G+ 4 floors) Hurry!!!. Y.
Showing 1–20 of 27 properties
There are 27 available land joint venture in Ikate, Lekki, Lagos. You can view and filter the list of property by price, furnishing and recency.
