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Joint Venture Residential Land in Banana Island, Ikoyi, Lagos

There are 18 land joint venture in Banana Island as of 22 Oct 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.

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Premium
₦11,000,000,000

Residential land joint venture

2300SQM Land

Land Size: 2,300sqm 2nd Avenue Residential zone Banana Island, Ikoyi, Lagos Title: C of O Land Value: ₦5M per sqm Premium: Nil Proposal: Block of flats Sharing formula: TBD Brokerage fees: 10% Developer with high profile and records will be considered †¶§∆m.ß°‡

2nd Avenue, Banana Island, Ikoyi, Lagos
2300 sqm
Amzat Odu LTD
Premium
₦5,000,000

Residential land joint venture

2,200 SQM of Land

Joint venture opportunity --- Banana Island, Ikoyi, Lagos. Land Size: 2,200 sqm Title: C of O Land Value: ₦5M per sqm Premium: Nil Proposal: Block of flats Sharing formula: TBD Brokerage fees: 10% Developer with high profile and records will be considered. No long chains.

Banana Island, Ikoyi, Lagos
2200 sqm
Monuel Properties & Co
Premium
₦4,464,000,000

Residential land joint venture

1,116SQM Land

Joint venture on Banana Island Road. Land size: 1,116sqm Land Value: ₦4M/sqm. Title: Lagos C of O (77 years) Location: Banana Island Road, Lagos. Proposal: Apartments, maisonettes and penthouse Sharing ratio: TBD Facilitator's fee: 10% of total land value Procedure: Send Company Profile, loi, project Proposal & Facilitator's Fee's Agreement letters for immediate closure.

Banana Island, Ikoyi, Lagos
1116 sqm
Monuel Properties & Co
Premium
₦5,000,000

Residential land joint venture

2300SQM Residential Land for a High Taste Developer in a Well Secured Estate

Banana Island Joint Venture Location: Banana island Estate Land size: 2300sqm Land value: 5M Per Square Metre Title: CofO Premium: Nil Facilitators fee: 10% There's Survey for Very Serious Developer.

Banana Island Estate, Banana Island, Ikoyi, Lagos
2300 sqm
David Moren Property Services
Premium
₦36,211,500,000

Residential land joint venture

Prime Land in Serene and Secured Residential Avenue

8047 sqm which is jointly for sell and JV. 4,648 sqm is for outright sales at 4.5M/ sqm While 3,399 sqm water front is for JV at 4.5/sqm The outright sale and jv plots go together. Developer hoping to develop the 3,399 sqm must outrightly purchase the 4,648 sqm. Fee: 10% Strictly for very serious investor.

Banana Island, Ikoyi, Lagos
Ambuiltech Project & Services Ventures LTD
Premium
₦24,000,000,000

Residential land joint venture

Development of Block of Apartments

Hot Deal! Joint Venture Development or Sale of Block of Apartments in Old Ikoyi, Lagos 4,756 SQM Federal C of O Title Land Value: ₦24 Billion Proposed: 25 Floors or 2 Blocks of 10 Floors Sharing: 60/40 Premium: ₦1.2 Billion Facilitator's Fee: 10% (Negotiable) Property & JV Overview Location: Old Ikoyi, Lagos -- one of the most prestigious and established residential districts in Nigeria. Land Size: 4,756 SQM. Title: Federal Certificate of Occupancy (C of O) -- a strong title verified through the Federal Ministry of Lands, Housing & Urban Development. Land Value: ₦24,000,000,000 (≈ ₦5.05 Million per SQM). Proposed Development: 25 Floors or 2 Blocks of 10 Floors (high-rise luxury apartments). Sharing Formula: 60/40 (landowner : developer -- to be confirmed during negotiation). Premium: ₦1,200,000,000 (payable upon JV contract signing). Facilitator's Fee: 10% of land value (negotiable). Status: Vacant land, ready for a landmark high-rise development. Also Open To: Sale of the block of apartments (post-development or as a pre-sale arrangement). Key Highlights Old Ikoyi Prestige Address: One of Lagos's most exclusive neighbourhoods -- home to embassies, top executives, and legacy families. Unmatched prestige and security. Federal C of O Title: Provides robust legal backing; verification through Federal channels is required but ensures strong ownership security. Massive Development Scale: 4,756 SQM allows for a landmark high-rise (25 floors) or twin 10-floor blocks -- significant unit yield and return potential. Clear Sharing Ratio: 60/40 split offers a balanced partnership structure, open for discussion based on final development cost. Premium Commitment: ₦1.2 Billion upfront at signing -- ensures a serious, well-capitalised developer. Negotiable Facilitator's Fee: 10% is standard but negotiable, offering flexibility in transaction structuring. Development Potential 25‑Floor Tower: Ultra‑luxury residential apartments with panoramic views, penthouses, and premium amenities. 2 × 10‑Floor Blocks: A phased or twin‑block development offering a mix of 2‑, 3‑, and 4‑bedroom apartments. Target Market: Ultra‑high‑net‑worth individuals, corporate executives, expatriates, and international investors. Amenities: Ground floor lobby, multi‑level parking, gym, pool, spa, rooftop lounge, 24/7 security, backup power, and water treatment. Location Benefits -- Old Ikoyi Prestige & Privacy: Quiet, tree‑lined streets, low density, and a mature, high‑value community. Proximity to Business Hubs: Minutes from Victoria Island, Ikoyi business district, and Lagos Island. Excellent Infrastructure: Well‑maintained roads, drainage, security, and access to top schools, hospitals, and clubs. High Demand, Limited Supply: New luxury developments in Old Ikoyi are rare -- ensuring strong pre‑sales and rental demand. Financial Structure Land Contribution Value: ₦24 Billion. Premium (Upfront): ₦1.2 Billion -- payable to landowner upon JV contract signing. Developer's Role: Provide 100% of construction financing, bank guarantee, project management, and sales/letting. Profit Sharing: 60% Landowner / 40% Developer (or as negotiated) -- after recovery of agreed development costs. Facilitator's Fee: 10% of land value (negotiable), typically paid from the landowner's share upon JV execution. Next Steps for Qualified Developers Interested developers must submit: 1. Letter of Intent (LOI) -- confirming interest and acceptance of the premium and sharing structure. 2. Company Profile -- with verifiable evidence of luxury high‑rise projects (15+ floors) completed in Ikoyi, Victoria Island, or Banana Island. 3. Proof of Funds -- bank statements or financing letters showing capacity for a project of this scale (estimated construction cost ₦30B--₦50B+). 4. Bank Guarantee -- ability to provide a performance guarantee as required. 5. Preliminary Concept Note -- initial design and timeline aligned with the 25‑floor or 2 × 10‑floor proposal. Due Diligence: Upon signing an nda and facilitator fee agreement, the facilitator will provide the Federal C of O, survey, and arrange a site inspection. Title verification to be conducted through the Federal Ministry of Lands (Abuja or Lagos office). Ideal Partner Profile: Top‑tier real estate development firm with a proven track record in ultra‑luxury high‑rises in prime Lagos locations. Strong financial capacity and access to construction finance. Experience with Federal C of O properties is advantageous. Old Ikoyi JV -- 4,756 SQM, Federal C of O, ₦24B land value, 60/40 sharing, ₦1.2B premium. Serious, qualified developers only -- with proof of funds and luxury track record.

Old Ikoyi, Ikoyi, Lagos
4756 sqm
Ac Valour International
Premium
₦27,000,000,000

Residential land joint venture

Premium Land with Structure

6000 sqm of land along Banana Island Road, Ikoyi Available for JV from a reputable developer with verifiable projects within Ikoyi Corridor. Land value: 4.5M/sqm Title: C of O Property is having existing structure on it. Facilitator's Fee: 10% net Premium: TBD strictly for developer

Banana Island, Ikoyi, Lagos
6000 sqm
Ambuiltech Project & Services Ventures LTD
Premium
₦8,740,000

Residential land joint venture

1900 SQM Residential Land

JV opportunity. Semi brief Location: Ikoyi --- banana island road Key Details: - Land size: 1900 SQM - Land value: 4.6M per SQM - Proposal: high-rise apartment - Facilitators' fees: 8% - Sharing Ratio: TBD Corner piece. Note: The development spans 4,000 SQM, with 1,900 SQM allocated for high-rise construction. It also includes 8 townhouse units, currently at carcass stage same developer can take on. Construction to be done by costain west africa or winchester only.

Banana Island, Ikoyi, Lagos
1900 sqm
Best Home and Properties
Premium
₦8,740,000,000

Residential land joint venture

1900 SQM Residential Land

update JV opportunity location: Ikoyi ---- banana island road Key Details: - Land size: 1900 SQM - Land value: 4.6M per SQM - Proposal: *high-rise apartment - Facilitators' fees: 8% - ⁠*Sharing Ratio: TBD Corner piece Note: The development spans 4,000 SQM, with 1,900 SQM allocated for high-rise construction. It also includes 8 townhouse units, currently at carcass stage same developer can take on. _*Construction to be done by costain west africa or winchester only*_

Banana Island, Ikoyi, Lagos
1900 sqm
Best Home and Properties
Featured
₦55,458,000,000

Residential land joint venture

Waterfront Residential Land

100% Joint venture waterfront opportunity Waterfront @ banana island Location: Residential Side, Banana Island, Lagos Land Size: 12,324 SQM Waterfront Title: Lagos State C of O Land Value: ₦4.5M per SQM Estimated Land Value: ₦55.458 Billion ️ Development Proposal Open Proposal The property can also be divided into two portions, subject to agreement. JV structure Premium: ₦2 Billion --- Refundable The premium will be deducted from the Owner's share. Facilitators' Fee: 10% Procedure 1. Submission of Company Profile 2. Loi (Letter of Intent) with facilitators' fee 3. Property Inspection 4. Meeting with the Owner Documentation Survey Plans and relevant documentation are readily available for capable and verified investors. Serious & Capable Investors Only. #mramos

Banana Island, Ikoyi, Lagos
12324 sqm
Life's Luxury
3,500 SQM Residential Land — Banana Island, Ikoyi, Lagos
1
₦17,500,000,000

Residential land joint venture

3,500 SQM Residential Land

Exclusively for direct clients only Joint Venture Development Opportunity Banana Island, Ikoyi Location: Banana Island, Ikoyi, Lagos Land Size: 3,500 SQM Title: Certificate of Occupancy (C of O) Structure: Joint Venture Development Development Partnership Summary: Land Value: ₦5,000,000 Per SQM Indicative Land Value: ₦17,500,000,000 Premium: Nil Facilitator's Fee: 10% Proposal: Joint Venture Development with a credible and experienced development partner capable of executing a premium residential or mixed-use project. Requirements to Proceed: To proceed formally, the landowner requires: Letter of Intent Company Profile Agency Letter Development Proposal Survey plans are released upon receipt of the Letter of Intent and Company Profile. Inspection is strictly by appointment Important notice: This offering is strictly reserved for serious and financially capable direct clients only. Inquiries from intermediaries or other third parties will not be entertained. Kindly ensure you are prepared to proceed before requesting further details or scheduling an inspection. For Private Viewing & Confidential Acquisition Enquiries: 07038451502

Banana Island, Ikoyi, Lagos
3500 sqm
Knight Angels Realties LTD
₦4,000,000

Residential land joint venture

Developer's Delight 1116SQM Land with Very Good Title

Joint Venture Land size: 1,116Sqm Land Value: ₦4M Per Square Metre. Title: Lagos State CofO (77 Years Unexpired Lease) Location: Banana Island Estate Road,Lagos. Proposal: Apartments, maisonettes and penthouse Sharing Ratio: TBD Facilitator's Fee: 10% of total land value Procedure: Send Company Profile, loi, project Proposal & Facilitator's Fee's Agreement letters for immediate closure.

Banana Island Estate Road, Banana Island, Ikoyi, Lagos
1116 sqm
David Moren Property Services
Residential Land — Banana Island, Ikoyi, Lagos
1
₦4,464,000,000

Residential land joint venture

Residential Land

Joint venture on Banana Island Road. Land size: 1,116sqm Land Value: ₦4M/sqm. Title: Lagos C of O (77 years) Location: Banana Island Road, Lagos. Proposal: Apartments, maisonettes and penthouse Sharing ratio: TBD Facilitator's fee: 10% of total land value Procedure: Send Company Profile, loi, project Proposal & Facilitator's Fee's Agreement letters for immediate closure. Dapo

Banana Island, Ikoyi, Lagos
1116 sqm
Flowtouch Properties
₦2,453,720,000

Residential land joint venture

1,226.86 SQM Bare Land

Exclusive n2.45billion joint venture opportunity 1,226SQM osborne phase 2 ikoyi ₦245million fee pot prime ikoyi land. Clean JV. Fast close. Location: Osborne Phase 2 Foreshore Layout, Ikoyi Federal C of O Foreshore Estate Close to Banana Island Size: 1,226.86 SQM Bare Land Value: ₦2,453,720,000 @ ₦2M per SQM Title: Federal C of O Clean & Verified Use: Terrace Units Preferred Premium: None Facilitator Fee: 10% = ₦245,372,000 Process: Direct Principal Simple Documentation Osborne Phase 2 is high demand, low supply. Federal title + Ikoyi address = premium exit for terrace developments. Serious, capital-ready developers only. For survey, docs and inspection:

Osborne Phase 2, Ikoyi, Lagos
5050properties
₦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
₦6,500,000,000

Residential land joint venture

1, 400 SQM of Well Drained Residential Land

JV development opportunity banana island, lagos ₦6.5BN land value ₦20BN+ projected GDV 1,400 SQM There are properties you can buy. And there are development opportunities that rarely come to market. This is the latter. We are representing a confidential development opportunity in Banana Island, Lagos, involving approximately 1,400 SQM of prime land with a Federal C of O and survey documentation available for review. The Development Brief The site is suitable for a carefully positioned luxury residential development, with the current concept structured around: Option a: Luxury Apartments Option B: 4 Ultra-Luxury Terraces Indicative Land Value: ₦6.5BN Projected GDV: ₦20BN+ Indicative Unit Values: ₦1BN--₦3BN+ Proposed JV: 50/50 --- subject to negotiation Facilitator's Fee: ₦650M The opportunity is being presented strictly to qualified, financially capable developers and investment principals. WHY this deal? Banana Island is not simply another Lagos residential location. It is a globally recognisable luxury address with limited development opportunities, strong hnwi demand and a buyer profile capable of supporting premium pricing. For the right development partner, the proposition is straightforward: Prime land. Prime address. Premium product. Significant development upside. Private deal room access This is not a mass-market listing. No public circulation of the full documentation. No speculative inquiries. No intermediaries witho Access to the survey, title documentation, development information and owner discussions will be provided progressively following qualification. Qualification process 01 --- Developer / Company Profile 02 --- Proof of Funds 03 --- Site Inspection 04 --- Survey & Title Review 05 --- Development Proposal 06 --- Facilitator's Fee Letter 07 --- Owner Meeting 08 --- JV Structuring & Documentation Direct developers and qualified investment principals only. If your mandate is to secure trophy development land in Lagos' premier luxury residential market, this is an opportunity worth having a private conversation about. Confidential pof required private deal n.e.w.s realty limited +234 813 714 3886 +234 813 743 9166 Secure the land. Build strategically.

Banana Island, Ikoyi, Lagos
News Realty Limited
₦7,635,000,000

Residential land joint venture

1527SQM Land

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, 08168808462

Banana Island, Ikoyi, Lagos
1527 sqm
Oakland Realty
₦4,500,000

Residential land joint venture

2, 700SQM Waterfront Land

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 . Note: owner has her drawing already and she want Elalan to build

Banana Island, Ikoyi, Lagos
Keland & Associates

Showing 1–18 of 18 properties

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.

Read the full area guide
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There are 18 available residential land joint venture in Banana Island, Ikoyi, Lagos. You can view and filter the list of property by price, furnishing and recency.

Prices for residential land joint venture in Banana Island, Ikoyi, Lagos range from ₦4,000,000 to ₦55,458,000,000.