There are 22 land joint venture in Ikoyi. 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.
511.66 Acres Waterfront Reclamation Investment This is a rare opportunity for experienced investors and reclamation developers to partner on one of Lagos' most significant waterfront projects. Key Highlights: Location: Banana Island Estate, Ikoyi, Lagos Land Size: 511.66 Acres (Reclaimable) Title: Survey & Registered Supreme Court Judgment Premium: ₦5 Billion JV Structure: Sharing Formula -- To Be Agreed Facilitators' Fee: ₦2 Billion + 10% land allocation (or monetised equivalent) Water Access: Accessible via the Marina Waterway Investor Responsibilities: - Perfect the property's title. - Obtain all required reclamation approvals and permits from the relevant government agencies. Transaction Process: - Letter of Intent (LOI) - Company Profile - Fee Protection Agreement (FPA) - Bank Comfort Letter
Banana Island, Ikoyi, Lagos
Jonela Concept
Premium
1
₦15,728,000,000
Mixed-use land joint venture
3, 932 SQMS Mixed Use Land
Glover Road, Ikoyi. 3,932 SQM. Joint Venture. Planning Approved. Piling Already Completed. ₦4,000,000/SQM. No Premium. This Is Not Raw Land. This Is a Site That Has Already Cleared the Slowest Part of the Process. The problem There is a category of Lagos high-rise development conversation that most JV listings never actually reach --- the stage where planning approval is secured and the foundation work has already started. Most JV land offered to developers in Ikoyi is still theoretical. Survey pending. Approval pending. Premium undisclosed until a contractor has already spent weeks in negotiation. The genuine bottleneck for a high-rise contractor isn't finding land in Ikoyi --- it's finding land where the 12-to-18-month approval cycle has already been absorbed by someone else, and where the ground has already been tested and piled. This listing is that site. 3,932sqm on Glover Road, Ikoyi. Lagos C of O. Planning already approved for a 17-floor block of flats. Piling already completed. No premium attached to the land value. The question for a serious high-rise contractor isn't whether Ikoyi land is worth developing. It's whether this specific site --- already de-risked at the two stages that kill most JV timelines --- is worth committing to before another contractor closes it. The agitation Here is what the comparable market shows right now. A near-identical 3,900sqm parcel elsewhere in Ikoyi, also carrying an approved 17-storey high-rise development, is currently listed at ₦15,600,000,000 --- effectively the same size, the same approval status, priced at roughly ₦4M/sqm once premium and terms are factored in. A separate comparable, also close to 3,932sqm in a high-profile Ikoyi location, has been marketed as "closeable" at ₦15,728,000,000. This listing --- 3,932sqm at ₦4,000,000/sqm, no premium --- works out to approximately ₦15,728,000,000 in total land value, placing it directly inside the range both comparables above are asking for. The difference is what this listing has that a purely land-value comparison doesn't show: piling is already completed. On a 17-floor high-rise, piling is not a minor milestone --- it's the geotechnical and structural foundation work that typically consumes months of a project timeline and carries real risk if soil conditions turn out to be difficult. That risk has already been absorbed here. Every month a qualified high-rise contractor spends evaluating a still-theoretical JV elsewhere in Ikoyi is a month this site's timeline advantage compounds. Approval delays are the single most common reason Lagos high-rise JVs stall before a foundation is even poured. This one has already cleared that stage. The solution 3,932 square metres, mixed-use land, Glover Road, Ikoyi. Lagos State Certificate of Occupancy. ₦4,000,000 per sqm, no premium. Planning approved for a 17-floor block of flats. Piling completed. Survey available. Here is what each element actually delivers to the contractor evaluating this deal: Planning approval already secured. The single longest and most unpredictable phase of a Lagos high-rise JV --- Lagos State Physical Planning Permit approval for a 17-floor structure --- has already been obtained. A contractor stepping into this deal is not waiting 12-18 months before construction can legally begin. They are stepping in at the construction phase. Piling already completed. The geotechnical risk on a 17-floor structure is real and expensive to get wrong. Piling completion means the foundation engineering has already been tested against the actual soil conditions on this specific site --- not modeled from a neighbouring parcel's data. This removes a major source of budget and timeline uncertainty before the JV contract is even signed. No premium. The land value is the land value --- ₦4,000,000/sqm, disclosed upfront. No separate negotiation over a premium figure layered on top after due diligence has already consumed time and cost. Glover Road, Ikoyi. A residential and mixed-use street inside the same Ikoyi core that includes Bourdillon, Alexander, and Awolowo Road --- established infrastructure, established demand, not a developing axis with unproven absorption. Lagos State C of O, survey available. Title documentation ready for immediate solicitor review --- a straightforward due diligence process rather than a title chain requiring reconstruction. Why this beats the alternative JV sites currently on the market. The two closest comparable parcels --- both around 3,900sqm with a 17-storey approval --- are asking a similar or higher total land value without disclosing whether piling has been completed. A contractor evaluating those sites is still pricing in the foundation-stage risk this listing has already removed. At the same approximate land value, this is the site with less remaining execution risk. The call to action 3,932sqm. Glover Road, Ikoyi. ₦4,000,000/sqm. No premium. Approved 17-floor block of flats. Piling completed. This is not an offer for a corporate professional looking to buy a home. This is a JV slot for a high-rise contractor or developer with proven capacity to take a piled, approved site to completion. Call or WhatsApp Smilebay Realties: +234 901 517 4801. Serious high-rise contractors only. Survey and approval documentation available for immediate review. The approval is already granted. The piling is already done. The part of this project that usually takes a year has already happened. Land Type: Mixed-use Land --- Joint Venture Size: 3,932 sqm Land Value: ₦4,000,000/sqm (estimated market rate) Premium: Nil Title: Lagos State Certificate of Occupancy (C of O) Survey: Available Owner's Development Preference: 17-floor block of flats Planning Approval: Approved Current Status: Piling completed Contractors Preferred: Experienced high-rise contractors Agency Fee: 10% Location: Glover Road, Ikoyi, Lagos NPC Comparable Context: 3,900sqm parcel, Ikoyi, approved 17-storey high-rise --- ₦15,600,000,000 Closeable ~3,932sqm parcel, high-profile Ikoyi location --- ₦15,728,000,000 This listing: 3,932sqm, Glover Road, Ikoyi, approved + piled --- approx. ₦15,728,000,000 (₦4,000,000/sqm, no premium) Posted: 25 July 2026 Listed by: Smilebay Realties Limited --- Ref: #358-895-3
Glover Road Ikoyi, Ikoyi, Lagos
Smilebay Realties Limited
Premium
1
₦4,200,000
Mixed-use land joint venture
Well Positioned Property in a Prime Location
Joint Venture: Glover Road, Ikoyi Land size: 1932sqm(there is a structure on the property) Title: Fed C of O Land Value: ₦4.2m / m² Terms: - Proven track record of building higher floors in Ikoyi or Victoria Island - Sharing 45:55 in favor of the developer - - Proposal : Apartments / Maisonettes / Penthouse - - Brokers' Fee: 10% of the land value Please share the developer's profile.
Glover Road, Old Ikoyi, Ikoyi, Lagos
1932 sqm
Deherculean Enterprises
Premium
₦7,500,000
Mixed-use land joint venture
Land Measuring 1, 500.23 SQM
Exclusive JV opportunity -- banana island, ikoyi Prime Land for Luxury High-Rise Development Location: Banana Island Estate, Ikoyi -- Nigeria's most prestigious address Land Size: 1,500.23 SQM Land Value: ₦5M per SQM Total Land Value: ₦7.501 Billion Premium: Subject to Discussion Proposed Development: - Floors 1--2: Car Park - Floors 3--5: Block of Luxury Apartments - Floors 6--7: 4 Units of 4-Bedroom Maisonettes - Floor 8: 2 Units of Exclusive Penthouses - Open to additional design options JV Structure: - Sharing Formula: 50/50 - Facilitator's Fee: 10% Why This Deal Stands Out: - Rare JV slot in Elite Banana Island Estate - Perfect for luxury residential development with global buyer appeal - High demand for premium Ikoyi apartments = Strong roi Engagement Terms: Strictly for direct developers or valid mandates of developers only. Proof of capacity required. No brokers, no middlemen. Serious engagements only. awdsheb
Banana Island, Ikoyi, Lagos
1500 sqm
Awodd Properties LTD
Premium
1
₦16,800,000,000
Mixed-use land joint venture
Open Proposal Joint Venture Available with C of O at Bourdillon
Joint venture, ikoyi Location: Bourdillon Road, Ikoyi Land Size: 4,417.598sqm Land Value: ₦3.8m/sqm Land Title: Fed C of O Proposal: Open Sharing Formula: To be discussed Premium: 1.1B Facilitator's Fee : 10% of the land value. Elim/Alfred terms & conditions for joint venture partnership at NO 50 bourdillon road, ikoyi, lagos. Prospective partner: A proven capable financier & developer for the construction of high-density/high-rise top notch luxury apartments. Plot size: 4417m2. Title: Federal Government Certificate of Occupancy. Value of the land: N4.5m per sqm Type of Development: High density/high-rise mix of 50 units *30 units of 4 bedroom apartment *16 units of 5-bedroom apartments *4 units of 5 bedroom penthouse Height: 28 floors or more permissible by lasg building authorities but without crowding... Architects: Paradigm/Rumis. (Developers may present their architects & designs but if both parties disagree on the designs, it will be outsourced to Paradigm/Rumis.) Construction firm: Elalan, Cappa & D'Alberto, etc. In-house builders will be considered if the standard/portfolio (in Ikoyi) matches those of the preferred contractors. Sharing formula: Developer 64%Landowner 36% Premium: N1.3B net Proof of availability of funds to start & finish the project (eg., Bank statement or guarantee or whatever the institution you plan to use). Detailed finishing documents: landowners will provide detailed finishing documents to be applied to their units & common areas if finishing documents by the JV partner is not mutually agreed upon. Facilitators' fee: 10% of land value (neg.)
Bourdillon Road, Ikoyi, Lagos
4417 sqm
Temosh Global Properties LTD
Premium
₦5,000,000,000
Mixed-use land joint venture
Reclamation Project: 511 Acres
Reclamation project at the following areas: Banana Island; 511 Acres Ikoyi-Itedo; 531 Acres Eleko; 7000 Acres Victoria Garden City; 3000 Acres Title Document: Supreme Court judgement (1914). *Bio/Roof WhatsApp number Vol 19 29
Banana Island, Ikoyi, Lagos
Crestforesight Homes & Properties LTD
Featured
₦7,501,000,000
Mixed-use land joint venture
Exclusive Opportunities Joint Venture in a Prime Area Without Stress
Exclusive JV opportunity -- banana island, ikoyi Prime Land for Luxury High-Rise Development Location: Banana Island Estate, Ikoyi -- Nigeria's most prestigious address Land Size: 1,500.23 SQM Land Value: ₦5M per SQM Total Land Value: ₦7.501 Billion Premium: Subject to Discussion Proposed Development: - Floors 1--2: Car Park - Floors 3--5: Block of Luxury Apartments - Floors 6--7: 4 Units of 4-Bedroom Maisonettes - Floor 8: 2 Units of Exclusive Penthouses - Open to additional design options JV Structure: - Sharing Formula: 50/50 - Facilitator's Fee: 10% net Why This Deal Stands Out: - Rare JV slot in Elite Banana Island Estate - Perfect for luxury residential development with global buyer appeal - High demand for premium Ikoyi apartments = Strong roi Engagement Terms: Strictly for direct developers or valid mandates of developers only. Proof of capacity required. No brokers, no middlemen. Serious engagemen
Banana Island, Ikoyi, Lagos
1500 sqm
Toluwa Global Investment LTD
Featured
₦9,000,000,000
Mixed-use land joint venture
A Bare Land Measuring 2300 SQM
Banana Island Jv Just out Land size 2300sqm Land title? Lagos state c of o Land value? 4m per sqm Preferred proposal : Apartments Premium: 300m awdeken
Banana Island, Ikoyi, Lagos
2300 sqm
Awodd Properties LTD
Featured
₦20,000,000,000
Mixed-use land joint venture
A Closable Joint Venture Located in a Strategic Area with C of O.
️ Old ikoyi JV off alexander RD 4,800SQM 10-floor twin towers NO premium N20BN > land value !!! Location: Off Alexander Road, Old Ikoyi Land Size: 4,800 sqm Prime Old Ikoyi Title: Federal C of O 99 Years Unexpired Best Title Land Value: N20BN N4.17M/sqm Premium: N0 Zero Premium Sharing: 40:60 Owner 40% Developer 60% Proposal:!Luxurious 10-Floor Twin Towers Facilitator Fee:!10% = N2BN owner's terms - Wants Reputable Construction Firm --- Track record in Ikoyi/V.I/Banana required - No Premium --- Owner trades premium for speed + quality dev 99yr Fed C of O --- Cleanest title. -!Fast approval, bank finance ready Why This Deal: - Off Alexander Rd --- Old Ikoyi's billionaire row. Neighbors: Dangote, Otedola - 4,800sqm + No Premium --- Last big site in Old Ikoyi. N4.17M/sqm is entry price - 60% to Developer --- Unusual. Owner wants legacy project, not max profit - Twin Towers 10 Floors --- Build - 50-60 luxury units. Old Ikoyi = - N1.5BN-N2.5BN per unit Project Angle: - Build: 10-Floor Twin Towers 4/5-Bed Luxury Flats + Penthouses - Old Ikoyi Comps: N1.8BN-N2.8BN per unit - GDV Potential: N90BN-N140BN Dev's 60% = N54BN-N84BN mandatory: Reputable firms only. Evidence of pof + 10-floor+ projects delivered in Lagos required. Owner will verify capacity. @iyaja_mailliw$$
Off Alexander Road, Old Ikoyi, Ikoyi, Lagos
4800 sqm
Temosh Global Properties LTD
₦1,000,000,000
Mixed-use land joint venture
3 Acres of Prime Land
3 Acres for Sale and JV in Ikoyi 1b per plot Property Description : Just 3/4mins drive to ikoyi club. One minute drive to beside Ikoyi passport office It's on the major road. Perfect for residential or commercial purpose. Note: Sales of like one Acre before Jv No premium required for JV Facilitators fee is 5%
Ikoyi, Lagos
M.B.B Property & Legal Services
ADVERTISEMENT750 × 120
1
₦4,300,000
Mixed-use land joint venture
Land
Hot ikoyi JV* Joint Venture Development Land measuring 3200 sqm Location: ilabere Rd, Ikoyi Land Value: 4m.300k per sqm Premium - Nil Title: C of O Proposal: (Minimum of 7 -8 floors) Facilitators fee: 10% of the Land value shering fomular 50 -50 (F Main).
Ilabere Road, Ikoyi, Lagos
3200 sqm
Olashile Property
₦12,599,646,490
Mixed-use land joint venture
4417SQM of Land Available for Joint Venture
Joint venture partnership at ikoyi, lagos.* Prospective partner: A proven capable financier & developer for the construction of high-density/high-rise top notch luxury apartments. Plot size: 4417m2. Title: Federal Government Certificate of Occupancy. Value of the land: N4.5m per sqm Type of Development: High density/high-rise mix of 50 units *30 units of 4 bedroom apartment *16 units of 5-bedroom apartments *4 units of 5 bedroom penthouse Height: 28 floors or more permissible by lasg building authorities but without crowding... Architects: Paradigm/Rumis. (Developers may present their architects & designs but if both parties disagree on the designs, it will be outsourced to Paradigm Sharing formula: Developer 64%Landowner 36% Premium: N1.3B net Proof of availability of funds to start & finish the project (eg., Bank statement or guarantee or whatever the institution you plan to use). Detailed finishing documents: landowners will provide detailed finishing documents to be applied to their units & common areas if finishing documents by the JV partner is not mutually agreed upon. Facilitators' fee: 10% of land value (neg.)
Ikoyi Lagos, Ikoyi, Lagos
4417 sqm
Dekay Properties
₦9,200,000,000
Mixed-use land joint venture
Mixed Zone
Land size? 2300sqm Land title: Lagos state Zone: Mixed Land value: 4m per sqm Preferred proposal: Apartments Premium: 300m MG
Banana Island, Ikoyi, Lagos
2300 sqm
Tballo Properties
₦2,772,500,000
Mixed-use land joint venture
Land
Closable joint venture Size:1109 Title: cofo Location: Ademola street south west off Awolowo ikoyi Proposal: 20 units of 3 bedrooms Blocks of flats with a paint house Land Value: 2.5m per sqm Sharing: 60/40 / 22units of mixed flats . Owner takes 10/ developer 12 Facilitators fees:10% (net) Premium:200m Non refundable premium Procedure : Capable developer with good track Note your direct or semi direct developer only please
Ikoyi, Lagos
1109 sqm
Adron Homes and Properties
2
₦7,500,000,000
Mixed-use land joint venture
1, 500 SQM of Joint Venture Land
Banana island JV Exclusive Joint Venture Opportunity -- Just Out Prime Land for Luxury High-Rise Development Location: Banana Island Estate, Ikoyi Land Size: 1,500.23sqm Land Value: ₦5M per sqm Premium: to be discuss Development Proposal: 1&2nd floor for car park. 3,4 and 5th floor Block of Luxury Apartments. 6&7 floors 4units of 4 bedrooms massionatte 8th floor 2 units of penthouse Open for additional options JV Structure: - Sharing Formula: 50/50 - Facilitator's Fee: 10% Highlights: - Located in Elite Banana Island - Ideal for Luxury Residential Development - High Demand for Premium Apartments - Strong roi & Global Market Appeal Important Note: - Strictly for Capable, Credible & Competent Developers - Proof of Capacity Required - Serious Engagements Only SlvFelx
Banana Island, Ikoyi, Lagos
360 Degree Properties LTD
1
₦5,000,000
Mixed-use land joint venture
1, 500.23 SQM of Land
Exclusive JV opportunity -- banana island, ikoyi talking to direct owner's mandate Prime Land for Luxury High-Rise Development Location: Banana Island Estate, Ikoyi -- Nigeria's most prestigious address Land Size: 1,500.23 SQM Land Value: ₦5M per SQM Total Land Value: ₦7.501 Billion Premium: Subject to Discussion Proposed Development: - Floors 1--2: Car Park - Floors 3--5: Block of Luxury Apartments - Floors 6--7: 4 Units of 4-Bedroom Maisonettes - Floor 8: 2 Units of Exclusive Penthouses - Open to additional design options JV Structure: - Sharing Formula: 50/50 - Facilitator's Fee: 10% Why This Deal Stands Out: - Rare JV slot in Elite Banana Island Estate - Perfect for luxury residential development with global buyer appeal - High demand for premium Ikoyi apartments = Strong roi Engagement Terms: Strictly for direct developers or valid mandates of developers only. Proof of capacity required. No brokers, no middlemen. Serious engagements only. Survey plan attached. Request for loi address #v(T)Wil)
Banana Island, Ikoyi, Lagos
1500 sqm
Property Finders (Ibile Global Mart Limited)
₦1,300,000
Mixed-use land joint venture
Bare Land
Ikoyi parkview joint venture Land Size: 2265sqm bareland Proposal: Open Value: 1.3m per sqm Title: Lagos C of O Facilitators fees: 10% net Firstly the Investor Meets with the owner on the land same day of inspectioninvestor sends an offer letter ,company profile ,past projects & a seprate facilitators fess letter of 10% the owner is available to close Kench
Ikoyi, Parkview, Ikoyi, Lagos
2265 sqm
Go Global Realty
1
₦4,000,000
Mixed-use land joint venture
4417 SQM of Land
JV land fronting bourdillon road ikoýi 4417 SQM JV land on bourdillon road ikoyi proposal: 20 - 25 Floors high rise apartments value: N4 million per SQM premium: N1 billion agency fee: 10% Condition for this JV is that the co-investor must engaged the service of either elalan, G. Cappa, amasor etc., For the Construction. 100% Sure and closable deal. #v(T)Olanre)
Bourdillon Road, Ikoyi, Lagos
4417 sqm
Property Finders (Ibile Global Mart Limited)
1
₦4,000,000
Mixed-use land joint venture
2300 SQM of Land
Banana Island JV, lagos Just out Land size? 2300 sqm Land title? Lagos state c of o Land value? 4m per sqm Preferred proposal : Apartments Premium: 300m Survey attached: Loi and Company profile required awdeke #v(T)Awodd)
Banana Island, Ikoyi, Lagos
2300 sqm
Property Finders (Ibile Global Mart Limited)
1
₦4,000,000
Mixed-use land joint venture
2300 SQM of Land
Banana Island Jv Just out Land size 2300sqm Land title: Lagos state c of o Land value: 4m per sqm Preferred proposal : Apartments Premium: N300m Procedure: Loi and Company profile required. awdeke #v(T)Awodd)
Banana Island, Ikoyi, Lagos
2300 sqm
Property Finders (Ibile Global Mart Limited)
Showing 1–20 of 22 properties
Area Guide
About Ikoyi, Nigeria
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.
