"a prime 1,200sqm parcel of land available for both outright sale and Joint Venture in the prestigious Alma Beach Estate, Ikate, Lekki. The property is strategically positioned for residential development, with a proposed minimum of 16 flats, making it an attractive opportunity for experienced developers. Property Details Land Size: 1,200sqm Title: Certificate of Occupancy (C of O) Proposed Development: Minimum of 16 Flats Land Value / Asking Price: ₦1.5 Billion JV Sharing: To Be Determined Premium: 10% of Property Value --- Negotiable Facilitator's Fee: 10% of Property Value Investment Opportunity This property is ideal for serious developers and investors seeking a well-positioned residential development opportunity in Ikate, Lekki. It is available for both outright acquisition and a structured Joint Venture arrangement. Price ₦1,500,000,000 Asking Price" For more Information, Pricing and Private Viewings Please Contact: Ebun: 07048089358 Lilian: 09062511340 Email: [email protected] We are Social! Check out other Fantastic Premium Listings on our Social Media Platforms IG: @cwrelagos Twitter: @cwrelagos Facebook: @cwrealestate
Lekki, Lagos
C W Real Estate
Premium
₦280,000,000
Residential land joint venture
Land Measuring 523SQM
Joint venture* Location: Buena Vista Estate, Orchid Road, Lekki, Lagos. In a call access Estate interlocked from the plot to the Estate gate Drawings, Soil test and other approvals in place Size: 523sqm Value: #280m Proposal: Two semi detached duplexes (DRAWINGS available, approval gotten ,only labsca approval remaining) Sharing: 50:50 Premium: Nil Facilitator Fee: 10%
Buena Vista Estate, Orchid Road, Lekki, Lagos
523 sqm
Crestforesight Homes & Properties LTD
Premium
1
₦1,700,000
Residential land joint venture
Prime Land with Structure Measuring Approximately 930SQM
Joint ventures prime land with structure measuring approximately 930SQM off bisola durosimi eti in lekki phase 1, lagos state. Proposal: Block of luxury apartments Facilitators fee: 10% Title document: Governors consent Land value: 1.7M per SQM Expected Commencement date: 1st or 2nd quarter of next year but can be signed now.
Lekki Phase 1, Lekki, Lagos
930 sqm
Rinsolarealty
Premium
1
₦1,500,000,000
Residential land joint venture
Land
JV opportunity brief Property Details - Land Size: 960SQM with existing structure - 2 Duplexes - Title: Certificate of Occupancy - Original Allottee - Location: Chief Collins, Off Emma Abimbola, Lekki Phase 1, Lagos State. Deal Structure - Land Value: ₦1.5 Billion - Premium: ₦120 Million - Facilitators Fee: 10% - Relocation: Landlord to be relocated within Lekki Phase 1 pending completion of the new development. Proposed Development - 12 Units of 2-Bedroom Flats - 4 Units of 3-Bedroom Maisonettes - Total: 16 Units Value of apartment Two bedroom apartment as at today 350M - 380M Three (3) bedrooms Mansionnaite 500M - 550M
Lekki Phase 1, Lekki, Lagos
960 sqm
Rinsolarealty
Premium
₦1,500,000,000
Residential land joint venture
1170SQM Residential Land
Joint venture Land size 1170sqm Lekki Phase 1 (right) Proposal Luxury flat of 2 & 3 Bedroom Flats Sharing: TBD Owner wants Minimum of 20 flats Title: State C of O Premium: #100m (Refundable) Facilitator fee: 10% Land value: #1.5bn
Lekki Phase 1, Lekki, Lagos
1170 sqm
Amzat Odu LTD
ADVERTISEMENTResponsive
Premium
1
₦280,000,000
Residential land joint venture
750SQM Residential Land
For sale or JV. Orchid road JV / sale 750 sqm in Heritage Gardens, after Bueno Vista estate, Orchid road, Lekki. Proposal for JV; 2 units of luxury fully detached or any other good option. Sharing; 50/50 Title: Governor's consent Premium: Nil For sale; 280m
Orchid Road, Heritage Gardens, Lekki, Lagos
750 sqm
Weservice Properties
Premium
1
₦1,263,000,000
Residential land joint venture
1263 SQM of Land
verified & closable joint venture development off freedom way, ikate Also has option for outright sale of N1m per square meter. Land size: 1,263sqm Proposal: 20 units of 2bedroom apartments+BQ + 2 pinet house Land value: 1m per square meter Facilitator fees: 10% (negotiable) Sharing: 50/50 Premium: 100M to the land owner Title: Governor's Consent.
Freedom Way, Ikate, Lekki, Lagos
6 Parking
1263 sqm
Dekay Properties
Premium
₦50,000,000
Residential land joint venture
Substantial Premium Land of 120000SQM for Development
Joint-Venture Opportunity --- Prime Landbank, Eko Akete, Lekki 120000sqm Overview a strategic joint‑venture opportunity to develop an extensive landholding of in excess of 200 plots located in Eko Akete, Lekki. The parcels are offered at an indicative value of ₦50,000,000 (Fifty Million Naira) per plot . a vendor premium of ₦100,000,000 (One Hundred Million . This opportunity is suited to experienced residential and mixed‑use developers, institutional investors, land‑bankers and consortiums seeking scale land inventory within a high‑growth corridor. The site offers scope for phased development of residential estates, gated communities, serviced housing, or mixed‑use neighbourhoods, delivering both capital appreciation and income generation. Key particulars - Location: Eko Akete - Landholding: 200+ plots (individual and bulk sale/JV options available) - Indicative price per plot: ₦50,000,000 - Title: Cfo (vendor to confirm; purchaser to verify) - Vendor premium: ₦100,000,000 (commercial premium payable as agreed) - Sale structures: Joint‑venture, phased development JV, outright acquisition (individual or bulk), or equity‑for‑development arrangements Indicative bulk valuation - Indicative headline value for 200 plots at ₦50m/plot: ₦10,000,000,000 (Ten Billion Naira). - Final bulk pricing and any volume discounts or staged payment arrangements to be negotiated. Opportunity summary & development potential - Scale and flexibility: The 200+ plot inventory enables masterplanning for large‑scale gated estates, mixed‑use neighbourhoods or phased residential/commercial roll‑out. - Product mix potential: Detached/semi‑detached homes, terraces, apartments, serviced apartments, amenity clusters (schools, retail, recreation), and estate infrastructure. - Value drivers: Strategic location (Eko Akete), proximity to transport corridors and amenities, economies of scale for infrastructure delivery, and strong demand for quality residential stock. - Yield options: Sale of finished units/serviced plots, rental income from lettable components (serviced apartments, retail), or exit via portfolio sale to institutional buyers. Suggested JV structures (examples to be refined in heads of terms) Option a --- Developer‑led Design & Build JV - Developer appointed to manage design, approvals, financing and construction. - Land contributed by vendor to JV vehicle in return for equity (vendor equity proportion to be negotiated). - Profit share, developer fee, and governance rights to be agreed; recommended inclusion of development milestones, QA mechanisms and exit provisions. Option B --- Equity/deposit for stake - Investor provides upfront equity/deposit (or phased capital injections) in return for a defined % equity stake in the project/SPV. - Vendor retains minority or management position depending on negotiated equity split and value of non‑cash contributions (title, approvals support). - Further capital calls and financing structure documented in JV agreement. Option C --- Land sale with development premium - Outright bulk acquisition at negotiated price with the vendor premium payable on completion or staged. - Suitable for developers preferring full control and ownership. Commercial terms & premium - Price per plot: ₦50,000,000 (subject to confirmation and negotiation). - Vendor premium: ₦100,000,000 --- please confirm whether this is an upfront premium, deposit, or separate consideration; proposed timing and mechanics to be agreed in heads of terms. - Transaction costs (stamp duty, registration fees, legal fees, taxes, agent commissions) excluded from headline pricing and borne as agreed in the sale/JV agreement. - All financials and commercial mechanics are indicative pending provision of title documentation, site plan and a formal pro‑forma. Title, due diligence & required documentation Prospective partners will be expected to undertake comprehensive due diligence, to include but not limited to: - Confirmation and verification of title (CFO / C of O documents) and search for encumbrances. - Certified survey plan, site layout, boundaries and plot schedule. - Land use, zoning and planning status; confirmation of permitted uses. - Environmental and geotechnical reports (as appropriate for masterplanning). - Confirmation of access, road rights‑of‑way and utility provision (water, power, drainage). - Ownership and chain‑of‑title review, including any third‑party interests. - Tax, statutory and community obligations; any relocation/compensation liabilities. - Draft heads of terms and proposed JV/shareholders' agreement for review. Why partner on this opportunity? - Large scale landbank in a single location enabling masterplanning and delivery efficiencies. - Ability to capture development margin through phased rollout or blended product mix. - Scope for strategic value creation via infrastructure investment and placemaking. - Attractive to partners seeking immediate scale and potential institutional resale options. Risks & conditions - Title verification is essential; any title irregularities or encumbrances will materially affect terms. - Planning approvals and infrastructure provision timelines may influence project cashflow and phasing. - Vendor premium, payment schedule and final price are subject to negotiation and formal contract. Next steps & process To progress, please provide: - Confirmation of interest and preferred structure (Developer‑led JV, Equity stake, or Outright purchase). - Signed nda to receive full title pack, survey plan and any available technical reports. - Proof of funds or developer credentials for qualifying discussions. - Availability for site inspection and preliminary meeting. On receipt we will supply (subject to NDA): - Copies of title documentation (CFO/C of O) and plot schedule. - Preliminary site plan and location map. - Indicative heads of terms for preferred JV route. - Available technical or planning reports (if any). Important notice All information above is indicative and subject to contract, title verification and negotiation. The vendor reserves the right to amend terms or withdraw the opportunity. Prospective partners must perform independent legal, financial and technical due diligence. Any reference to value or returns is illustrative and not guaranteed. #daka
Abijo, Lekki, Lagos
120000 sqm
The Build Centre Properties
Premium
₦2,000,000,000
Residential land joint venture
1,265.07 Square Metres
JV opportunity at block 143, plot 10, lekki phase 1 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 units of 1,2 and 3 bedroom apartments. Sharing formula: 60% to Developer and 40% 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. Contact: *Mike 0809 087 6670
Block 143, Plot 10, Lekki Phase 1, Lekki, Lagos
Rosemond Hills Limited
Premium
2
₦600,000,000
Residential land joint venture
Land Measuring 1305SQM
Joint Venture Development Prime land with structure measuring approximately 1305 SQM in lekki scheme 2 opp ojaja mall ogombo road. 2 houses away from the estate gate. Proposal: Blocks of luxury apartments or Terrace duplexes Sharing: 50:50 Title document: Governors consent Land value: 600m Premium: None Facilitators fee: 10% net Talking to semi mandate
Ojaja Mall, Ogombo Road, Lekki, Lagos
1305 sqm
Bourdillon Enterprises
ADVERTISEMENT750 × 120
Premium
₦450,000,000
Residential land joint venture
Land Measuring 800SQM with Demolishable Structure
Joint venture 800sqm parcel of land with an existing structure slated for demolition Location: Dele Adeyemi Close, Agungi, Lekki Land Value: N450m proposal: Open to Consider Offers requirements for meeting: - The developer must be competent with a proven track record - Letter of Intent (LOI) - Company Profile - Proposal Facilitator's Fee: 10%
Dele Adeyemi Close, Agungi, Lekki, Lagos
Oip Properties
Premium
₦1,900,000,000
Residential land joint venture
1370 SQM Residential Land
Joint venture opportunity: Lekki Foreshore Estate prime 1370 SQM land ₦1.4B value build 26 unit luxury 2-bed flats Location: Lekki Foreshore Estate, Lekki Phase 1 Size: 1370 SQM Title: Governor's Consent Land Value: ₦1.9 Billion Deal terms: 1. Development: 26 Units Luxury 2 Bedroom Flats 2. Sharing: 50/50 (Not Negotiable) 3. Timeline: 24 Months Construction 4. Facilitators Fee: 10% WHY jump on this: Lekki Phase 1 land with Gov Consent is rare. 1370 SQM is enough for a high-yield luxury project. 50/50 split with serious owner.
Lekki Phase 1, Lekki, Lagos
1370 sqm
Bourdillon Enterprises
Premium
₦1,500,000,000
Residential land joint venture
Nicely Located Prime Land
Joint venture opportunity --- Ikate, Lekki Phase 1 Developer's Opportunity Prime Lekki Location Location: Off Freedom Way, Ikate, Lekki Phase 1 Land Size: 1,263 SQM Proposal: 22 Units of Mixed Apartments Title: Governor's Consent Land Value: ₦1.5 Billion Premium: ₦100 Million Facilitator's Fee: 10% Prime location. Strong development potential. Serious developers only. Let's Deal.
Off Freedom Way, Ikate, Lekki, Lagos
1263 sqm
SFD Realtors
Premium
₦500,000,000
Residential land joint venture
654.627 SQM Exclusive Land
Joint venture project orchid road 2ND toll gate* . Land for Joint Venture at Royal Pine Estate, Orchid Road, Lagos Size : 654.627sqm Location : Royal Pine Estate, Orchid Road, Lagos Title : Global CofO Price : #500million Proposal Block of 12 flats of 2bed room apartments Available Building Plan/Drawing & Bills of Quantities Available, only need process for approval Sharing Formula TBD Premium : Nil Facilitator 10%
Royal Pine Estate, Orchid Road, Lekki Phase 2, Lekki, Lagos
5050properties
Premium
1
₦950,000,000
Residential land joint venture
Residential Land
Newly out --- joint venture opportunity Cowrie Creek Estate, Ikate a prime joint venture opportunity is now available in the highly sought-after Gari Creek, Ikate. Property Details: - Land size 800sqm - Land Value: ₦950 Million - Premium: ₦100 Million - Facilitators' Fee: 10% Net - Transaction Type: Joint Venture - Location: Cowrie Creek Estate, Ikate This is an opportunity for a credible and capable developer looking to secure a strategic property in a prime Lekki location. Serious developers and direct investors only. For further details, inspection and JV terms, kindly contact BGM Realty. Chief suni
Cowrie Creek Estate, Ikate, Lekki, Lagos
40 Parking
800 sqm
Best Grand Masters Realty
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
2
₦2,000,000
Residential land joint venture
1060 Newly Out Land
Joint Venture 1060sqn at Ikota gra with Cofo proposal 6units of 3bed 9units of 2bed developer takes 4units of 3bed and 4units of 2bed Owner gets 5units of 2bed and 2units of 3bedoom No premium but must produce proof of funds Drawing,3D and Bill of quantity already done
Lekki Phase 2, Lekki, Lagos
40 Parking
1060 sqm
Best Grand Masters Realty
Premium
4
₦1,500,000,000
Residential land joint venture
Luxury 1260SQM Apartment Plot in a Beautiful Estate
Joint Venture plot @ Maiyegun Beach Front Estate Jakande Lekki Land size: 1260sqm Purpose: 10 Units of 3 Bedroom Apartment Sharing Formula : 50/50 Land Value. 1 5bn Agency. %10 For more information and inspection please contact us on 08063531327 or 07087503481
Maiyegun Beach Front Estate, Jakande, Lekki, Lagos
Innerworkings Investments LTD
Featured
8
₦16,000,000,000
Residential land joint venture
Waterfront Land 8000 SQMTRS
Joint venture: Description: An approximately 8000sqm (BEACH ️ FRONT) parcel of land fenced and gated location ikate elegushi off coastal road title: C.of Of Land Value: N16.billion proposal: Land owner prefers 240 units of luxury Apartments. I'm 8 or 10Blocks Sharing Formula Premium to be discussed. Requirements: - The developer must be competent with a proven track record - Letter of Intent (LOI) - Company Profile - Proposal - Evidence of Developers capacity to handle project. (POF) Facilitator's Fee: 10%
Beachfront Off Coastal Road, Ikate Elegushi, Lekki, Lagos
Plots and JV Max LTD
Featured
1
₦850,000
Residential land joint venture
654 SPM of Residential Land
Land for joint venture opportunity. Location: Iroko-Awe Street, Ilasan New Road, behind Blenco Supermarket / Chisco, Ikate. Land size: 654.454 SQM Land value: ₦850,000/SQM Premium: Nil Sharing ratio: 55% / 45% Proposal: Block of 2 & 3-Bedroom Apartments Title: Survey Plan Plan stated as free from government acquisition Serious Developers Only An opportunity for a serious developer looking to secure a JV site in a strategic Lekki location with zero premium. Contact us for full details, documentation and JV terms. 09035399999
