There are 99 land joint venture in Lekki as of 6 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.
Absolutely stunning corner piece land measuring 2400sqm available for joint venture development on freedom way, within a gated secured estate lekki phase one. Size: 2400sqm Land value: 1.2m per sqm Title: C of O Facilitator's fees: 10% Proposal: Block of flats (32-40 units of apartment) Premium: Nil Sharing: 50/50 I'm dealing with semi mandate.
Joint Venture Development opportunity Property Location: Off Oyibo Ajarho Street, Lekki phase 1 Land Size: 639.823 square meters The land already has a built up structure which comprise of 5 bedroom semi detached on 2 floors with 3 bedroom bungalow and 2 units of 1 bedroom self contained. Title Document: Governor's Consent with root title of C of O. Sharing formula: 50:50 Premium: 20 Million Naira (This is for relocation of the owner to another apartment during the development) The owner already has a design in mind. Proposed development: Eight (8) units of luxury apartment affording Studio apartments, 2 bedroom flat and 3 bedroom flat on three floors while the ground floor will be used as car park. Ground Floor - Car parking for minimum of 15 cars First Floor - 1 unit of 3 bedroom flat with a room Bq with closed kitchen and pantry - 1 unit of 2 bedroom flat with a room bq with open plan kitchen - 1 unit of studio apartment with open plan kitchen Second Floor - 1 unit of 3 bedroom flat with a room Bq with a closed kitchen and pantry - 1 unit of 2 bedroom flat with a room bq with an open plan kitchen - 1 unit of studio apartment with an open plan kitchen Third Floor - 2 units of 3 bedroom flat with a room bq and a study room with a closed kitchen and pantry Features and Amenities: - Security house - Water treatment plant - Facility office - Gym house - Elevator - Standby Generator - Dedicated Transformer - Smart door with code - Fully fitted kitchen Dapo
Off Oyibo Ajarho Street, Lekki, Lagos
Flowtouch Properties
Premium
₦950,000,000
Residential land joint venture
Bare Land
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]
Cowrie Creek Estate, Ikate, Lekki, Lagos
800 sqm
Royal Prince Properties
Premium
₦950,000,000
Residential land joint venture
800SQM Land
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
Cowrie Creek Estate, Ikate, Lekki, Lagos
800 sqm
Henryprime
Premium
1
₦950,000,000
Residential land joint venture
800SQM of Premium Land
800sqm of bareland for jv in cowrie creek estate Ikate. Land value 950, premium 100m, facilitators 10%. Contact 09169725780
Cowrie Creek Estate, Ikate, Lekki, Lagos
800 sqm
Danna Properties
ADVERTISEMENTResponsive
Premium
2
₦1,500,000,000
Residential land joint venture
Residential Land
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
Meadow Hall Axis, Ikate, Lekki, Lagos
Smilebay Realties Limited
Premium
1
₦1,500,000,000
Residential land joint venture
1,200SQM of Premium Residential Land
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
Alma Beach Estate, Ikate, Lekki, Lagos
1200 sqm
Danna Properties
Premium
₦1,500,000,000
Residential land joint venture
1,200SQM Residential Land
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.
Alma Beach Estate, Ikate, Lekki, Lagos
1200 sqm
Healthy Living Topnotch Properties
Premium
1
₦1,200,000,000
Residential land joint venture
Residential Land
Joint venture - Chevyview Estate Cornerpiece dry bare land of 1.883Sqm for JV. Value: N1.2Bn Proposal: Block of Flats, Terraces or Semi-detached Duplexes Sharing: TBD Premium: 60M Facilitator's fees: 10% of Property Value Your prefer
Chevron Alternative, Lekki, Lagos
1883 sqm
Henryprime
Premium
₦2,500,000,000
Residential land joint venture
Land
Joint Venture Development Opportunity A prime joint-venture opportunity to develop a 1,600 sqm parcel into a high-end residential project comprising luxury apartments and penthouses. Location: Oba Yesufu Abiodun Way, Oniru (same road as City of David Church) Land Size: 1,600 sqm Valuation: ₦2.5 Billion Title: Certificate of Occupancy (C of O) Development Scope: Proposed structure: 7--12 floors (subject to final design and regulatory approvals) Flexible configuration tailored to developer's concept and market positioning Suggested Layout Options: Premium 2-bedroom apartments Inclusion of 2 to 4 penthouse terrace units, depending on design scope * Potential for luxury amenities and optimized space utilization This opportunity is ideal for developers seeking a strategically located, high-value project within a premium residential corridor in Oniru.
Lekki-1 joint venture opportunity Location: Farm City Avenue -Off Admiralty way Lekki Phase 1 Property Details: - Size: 12,000 sqm (fenced and vacant) - - Title: Certificate of Occupancy (C of O) - Land Value: ₦25bn Proposed Development: - Mixed Development: Blocks of flats 1) 4-5 blocks of 12-15 Floors each. 5 blocks of 10floors can be considered. 2) reliable construction company to do the actual construction. like elalan, BCL, etc. A not too popular construction company that is realible can also be considered. 3) proof of funds is important. Developer must show that they have the funds to begin and finish the project - Sharing Formula: To be discussed Terms: - Premium: ₦350 - Facilitator's Fee: 10% Note: - Profile, Letter of Intent (LOI) and facilitators fee letter Required before meeting Strategic Advantage: - Located in a highly sought-after, pure residential area off Admiralty Way - Excellent potential for high returns on investment (ROI)
Close to Farmcity Off Admiralty, Lekki Phase 1, Lekki, Lagos
12000 sqm
Royal Prince Properties
Premium
₦3,000,000,000
Residential land joint venture
Land Measuring 2000 SQM in a Very Prime Location
Closeable joint venture Location: Belavista Estate, Along Freedom way, Lekki phase 1, Lagos. Land size:- 2,000sqm Land value:#1.5m/sqm Title:- Gov Consent Premium:- #500m Proposal:- the land owner wants Teraces Sharing ratio:- 50/50 Facilitators' fee:-10% of total land value net The mandate don't want long chain The land owner prefers a capable developer that'll execute the project without delay procedure Loi, company profile, project proposal and facilitators' fee's letter, all must be written on the letter head papers of the developer's company & signed by himself alone.
Freedom Way, Lekki Phase 1, Lekki, Lagos
2000 sqm
Ire-Loni International Limited
Premium
₦2,000,000,000
Residential land joint venture
A Land Measuring 1,265 SQM
Joint‑Venture Opportunity --- Corner Parcel at Block 143, Plot 10, Lekki Phase 1 (Semi‑Detached Neighbourhood) Overview a rare joint‑venture development opportunity on a prominent corner parcel within Lekki Phase 1. This well‑situated plot at Block 143, Plot 10 offers an attractive development footprint for a mid‑rise residential scheme comprising quality one, two and three‑bedroom apartments. The site's corner position and favourable orientation provide excellent prospects for light, ventilation, street frontage and marketable unit layouts. Property particulars - Location: Block 143, Plot 10, Lekki Phase 1 (right‑hand side corner parcel) - Site area: 1,265.07 square metres - Proposed scheme: 16 -- 18 residential units (mix of 1‑bed, 2‑bed and 3‑bed apartments) - Land value (headline): ₦2,000,000,000 (Two Billion Naira) - Vendor premium: ₦250,000,000 (Two Hundred and Fifty Million Naira) - Sharing formula: 55% to Developer : 45% to Landowner - Facilitator's fee: 10% of the land value --- payable upfront immediately upon execution of the Joint‑Venture Agreement - Corner parcel advantage: enhanced frontage, improved natural light and superior unit aspect potential. - Prime Lekki Phase 1 location: high demand neighbourhood with strong rental and capital appreciation dynamics. - Compact, highly efficient site area suitable for a high‑quality apartment cluster with communal amenities and parking. - Attractive revenue-sharing split that rewards developer execution while preserving substantial landowner interest. - Upfront facilitator fee provides clarity on transaction mechanics and demonstrates immediate financial commitment to the implementation process. Suggested commercial mechanics - Land value: ₦2,000,000,000 (to be used as the land contribution valuation within the JV SPV). - Vendor premium: ₦250,000,000 --- payable per the agreed schedule in the heads of terms or as otherwise negotiated. - Profit / equity split: Developer 55% : Landowner 45% (applied to net project proceeds after cost recovery, developer fee and agreed levies). - Facilitator's fee: 10% of land value (₦200,000,000) --- payable upfront immediately after execution of the formal JV Agreement and before commencement of construction activities. - Detailed cashflow waterfall, cost recovery, developer fee, construction financing and exit mechanics to be agreed and documented in the JV Agreement. Due diligence & prerequisites Prospective developer partners and investors should satisfy themselves by undertaking comprehensive due diligence including, but not limited to: - Confirmation and verification of title and chain of ownership (certified copies of title documents to be provided). - Site survey, boundary pegging and certified site plan. - Planning and zoning review with relevant local planning authorities; confirmation of permissible density, building height and setbacks. - Geotechnical and soil investigation report. - Utilities and infrastructure capacity check (power, water, drainage, access and sewage). - Environmental and flood‑risk appraisal (as required). - Review of any existing encumbrances, caveats or third‑party rights. - Confirmation of required statutory approvals and an indicative timeline for obtaining same. - Financial modelling and bankability assessment for construction financing. Recommended next steps 1. Interested parties to confirm preferred JV structure and provide proof of development capability / proof of funds. 2. Execution of an nda to permit release of full title documents, survey plan and any existing technical reports. 3. Site inspection with the developer's technical team present. 4. Submission of a brief developer proposal (programme, preliminary concept, indicative cost plan and funding approach). 5. Issue of draft heads of terms and negotiation of the JV Agreement, including precise payment schedule for the premium and facilitator's fee. 6. Commencement of due diligence and, subject to satisfactory findings, execution of the formal JV Agreement. Important notes - All figures and terms are indicative and subject to contract, verification of title and mutual agreement of final commercial terms. - The facilitator's fee is stated as a headline term and should be reflected in the formal heads of terms and JV documentation to ensure enforceability and clarity. - Transactional costs (legal fees, stamp duty, registration fees, taxation and agency commissions) are not included in the headline figures and shall be allocated as agreed in the JV Agreement. Contact & confidentiality For further information, to request the title pack, arrange a site viewing or to receive a draft heads of terms, please provide contact details and proof of development credentials. All sensitive documentation will be shared upon execution of a standard nda. We look forward to engaging with suitably qualified developers and investors to progress this compelling Lekki Phase 1 opportunity. #awdbuil
RHS, Lekki Phase 1, Lekki, Lagos
1265 sqm
Awodd Properties LTD
Premium
1
₦2,000,000,000
Residential land joint venture
Residential Land
JV opportunity at block 143, plot 10, lekki phase 1 (Semi) a corner-piece at Block 143, Plot 10 at Lekki Phase 1, a good location at the right hand side. Size: 1,265.07 square metres. Land value: N2 billion. Premium: N250m. Proposal: 16/18 units of 1, 2 and 3 bedroom apartments. Sharing formula: 55% to Developer and 45% to the Landowner. Facilitator's Fee: 10% of land value payable upfront immediately after execution of JV Agreement. Note: Please note that the Landowner wants a quiet transaction so it should not be shared via open marketing. Landed
Block 143, Plot 10, Lekki Phase 1, Lekki, Lagos
126507 sqm
Flowtouch Properties
Premium
₦250,000,000
Residential land joint venture
Residential Land - Cornerpiece 1, 061SQM
For sale/jv Size: cornerpiece 1,061sqm Lekki scheme 2 Title: CofO Premium: 20m Proposal: block of flats Sharing: 60/40 in favour of developer Value: 250m Location pin: https://maps.app.goo.gl/ECMZPCL4hen8onJz8 Link: I'm dealing with the mandate
Lekki, Lagos
1061 sqm
Phoenix Rising Property Development and Services LTD
Premium
₦900,000
Residential land joint venture
653SQM Residential Land
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$$
Ikate, Lekki, Lagos
653 sqm
Phoenix Rising Property Development and Services LTD
Premium
2
₦2,600,000,000
Residential land joint venture
2, 000SQM Residential Land
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
Ikate, Lekki, Lagos
2000 sqm
Phoenix Rising Property Development and Services LTD
Premium
₦1,500,000,000
Residential land joint venture
Land Measuring 1,034 SQM in a Very Prime Location
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%
Freedom Way, Ikate, Lekki, Lagos
1034 sqm
Ire-Loni International Limited
Premium
₦450,000,000
Residential land joint venture
667SQM Residential Land Available
Joint venture osapa london in a call to enter estate Value: ₦450 million Size: 667 sqms Proposal: 12-units of 2-bedroom apartments Sharing: - 7-units to Developer - 5-units to the owner Premium: ₦30 million refundable Fees: 7%
Osapa, Lekki, Lagos
Kings Property
Premium
₦2,500,000,000
Residential land joint venture
Premium Closable Residential Land
Premium joint venture opportunity Lekki phase 1 Location: Hakeem Dickson Street, Lekki Phase 1 Land Size: 1,187 Sqm Title: Certificate of Occupancy + Governor's Consent Land Value: ₦2.5 Billion Proposal: 16 Units Luxury Development Sharing Formula: TBD Facilitator's Fee: 10% of Land Value
Lekki is a city located in the eastern part of Lagos. Lekki is a naturally formed peninsula, adjoining to its west Victoria Island and Ikoyi districts of Lagos, with the Atlantic Ocean to its south, Lagos Lagoon to the north, and Lekki Lagoon to its east; however, the city's southeast which ends at around the western edge of Refuge Island, adjoins the eastern part of Ibeju-Lekki LGA.
The peninsula is approximately 70 to 80km long, with an average width of 10km. Lekki currently houses several Estates, gated residential developments, agricultural farmlands, areas allocated for a Free Trade Zone, with an airport, and a sea port under construction. The proposed land use master plan for the Lekki envisages the Peninsula as a "Blue-Green Environment City", expected to accommodate well over 3.4 million residential population and an additional non-residential population of at least 1.9 million.
