Joint Venture Residential Land in Lagos

Direct to mandate. a ready to build 3500sqm plot of land in a high profile residential area is available for joint venture. price..#3.5billion proposal...block of flats sharing ratio...60/40 in favor of developer premium...nil title..governor's consent #be...

*joint venture at lekki phase 1* land size: 1,154.48sqm. title: lag ( cofo.& concent) land value: 1.8b proposal: good r. o. i. btw land owner and developer sharing formula: 50/ 50. facilitator's fees: 10%. survey available upon special request awd...

Joint venture opportunity -- lekki foreshore estate, lekki 1,026 sqm lagos c of o land value: ₦1 billion (₦974,658 per sqm) proposal: block of flats (g+3) 50/50 sharing ratio --- property overview - location: lekki foreshore estate, off freedom way, lekki phase 1, lagos -- a prestigious waterfront-adjacent residential enclave offering serenity, security, and proximity to lekki's best amenities. - land size: 1,026 sqm. - title: lagos state certificate of occupancy (c of o) -- the highest form of title security in nigeria. - land value: ₦1,000,000,000. - price per sqm: ₦974,658. - jv structure: 50/50 profit sharing between landowner and developer. - proposal: block of flats (ground + 3 floors) -- optimized for this prime location. - status: bare land, ready for immediate development. --- key highlights - prime lekki foreshore location: one of lekki phase 1's most exclusive neighborhoods, offering quiet, secure living with easy access to freedom way, chevron, victoria island, and the lekki-epe expressway. - superior title security: lagos c of o provides absolute ownership certainty -- bankable, transferable, and ready for jv financing without title perfection concerns. - optimal development scale: 1,026 sqm is perfectly sized for a g+3 block of flats -- maximizing density while maintaining quality and livability. - developer-friendly terms: 50/50 sharing with land valued at ₦974,658/sqm offers attractive economics for a well-executed flat project. - clear proposal: landowner is open to a block of flats -- a proven product type in this high-demand rental and sales market. --- ️ development potential -- block of flats (g+3) 1,026 sqm in lekki foreshore is ideal for: - luxury apartment block: ground + 3 floors of high-end flats. - estimated built-up area: approx. 3,000--3,500 sqm (depending on design and floor plates). - unit mix potential: - 2-bedroom flats - 3-bedroom flats (duplex-style or single-level) - select penthouses on top floor - estimated unit count: 12--18 luxury flats, depending on unit sizes and configuration. - amenities: secure parking, gym, concierge, landscaped courtyard. - target market: young professionals, expatriates, corporate tenants, and downsizing executives seeking luxury rental accommodation in a prime lekki location. --- jv structure & market context component details land contribution 1,026 sqm (valued at ₦1b) developer role 100% construction funding sharing ratio 50/50 of completed units/sales title status lagos c of o (perfected) per sqm valuation ₦974,658 proposed development block of flats (g+3) - per sqm benchmark: lekki foreshore land with c of o typically ranges from ₦900,000--₦1.2m/sqm. at ₦974,658/sqm valuation, this is competitively positioned. - title premium: lagos c of o provides maximum security and bankability -- a significant advantage over deed of assignment jvs. - jv appeal: 50/50 is a balanced split in this micro-market, incentivizing quality development while rewarding landowner contribution. - rental & sales demand: lekki foreshore commands premium rents and sales prices due to its exclusivity and proximity to key employment hubs. --- next steps for interested developers 1. letter of intent (loi) -- express interest and capacity. 2. company profile -- demonstrate track record in luxury flat developments. 3. proof of funds -- evidence of construction financing capability. 4. site inspection -- physical viewing of the property. 5. development proposal -- detailed concept, unit mix, floor plans, financial projections. 6. meeting with owner -- direct negotiation and jv finalization. --- ideal for: established developers seeking a well-located jv opportunity in lekki phase 1's most desirable residential enclave, with perfected c of o title and a clear focus on luxury flat development. a prime 1,026 sqm c of o parcel in lekki foreshore -- ready for a 50/50 jv partnership to deliver a landmark g+3 block of luxury fla...

Joint venture opportunity -- lekki foreshore off freedom way 2,000 sqm deed of assignment 50/50 sharing ratio land value: ₦1.7 billion (₦850,000 per sqm) proposal: blocks of luxury flats --- property overview - location: lekki foreshore estate, off freedom way, lekki phase 1, lagos -- a prestigious waterfront-adjacent residential enclave offering serenity, security, and proximity to lekki's best amenities. - land size: 2,000 sqm. - title: deed of assignment (developer to facilitate perfection to governor's consent). - land value: ₦1,700,000,000. - price per sqm: ₦850,000. - jv structure: 50/50 profit sharing between landowner and developer. - proposal: blocks of luxury flats -- designed for maximum roi in this prime location. - status: bare land, ready for immediate development. --- key highlights - prime lekki foreshore location: one of lekki phase 1's most exclusive neighborhoods, offering quiet, secure living with easy access to freedom way, chevron, victoria island, and the lekki-epe expressway. - substantial scale: 2,000 sqm provides excellent flexibility for a landmark residential development -- rare in this established locale. - developer-friendly terms: 50/50 sharing with land valued at ₦850,000/sqm offers attractive economics for a well-executed luxury flat project. - clear proposal: landowner is open to blocks of luxury flats -- a proven product type in this high-demand rental and sales market. - strong title pathway: deed of assignment provides a clear path to governor's consent -- a standard process that enhances bankability. --- ️ development potential -- blocks of luxury flats 2,000 sqm in lekki foreshore is ideal for: - luxury apartment block: 15--20 high-end flats across 4--5 floors. - unit mix potential: - 2-bedroom flats - 3-bedroom flats (duplex-style or single-level) - select penthouses on top floor - amenities: secure parking, gym, concierge, landscaped courtyard. - target market: young professionals, expatriates, corporate tenants, and downsizing executives seeking luxury rental accommodation in a prime lekki location. --- jv structure & market context component details land contribution 2,000 sqm (valued at ₦1.7b) developer role 100% construction funding sharing ratio 50/50 of completed units/sales title status deed of assignment -- developer to perfect to gov's consent per sqm valuation ₦850,000 proposed development blocks of luxury flats - per sqm benchmark: lekki foreshore land with good title typically ranges from ₦800,000--₦1.1m/sqm. at ₦850,000/sqm valuation, this offers a fair entry point for a jv partnership. - jv appeal: 50/50 is a balanced split in this micro-market, incentivizing quality development while rewarding landowner contribution. - rental & sales demand: lekki foreshore commands premium rents and sales prices due to its exclusivity and proximity to key employment hubs. --- next steps for interested developers 1. letter of intent (loi) -- express interest and capacity. 2. company profile -- demonstrate track record in luxury flat developments. 3. proof of funds -- evidence of construction financing capability. 4. site inspection -- physical viewing of the property. 5. development proposal -- detailed concept, unit mix, floor plans, financial projections. 6. meeting with owner -- direct negotiation and jv finalization. --- ideal for: established developers seeking a well-located jv opportunity in lekki phase 1's most desirable residential enclave, with a clear focus on luxury flat development. a fresh 50/50 jv mandate on 2,000 sqm in lekki foreshore -- ready for serious engagement from capable develope...

Joint venture opportunity -- banana island, ikoyi 4,947.766 sqm prime residential land c of o title land value: ₦4,000,000 per sqm (₦19.79 billion total) proposal: flats, maisonettes & penthouses on 6 floors --- property overview - location: banana island, ikoyi, lagos -- africa's most exclusive waterfront residential enclave. - land size: 4,947.766 sqm (approximately half a hectare of prime banana island land). - zone: residential area -- surrounded by lagos's most elite homes and residents. - title: certificate of occupancy (c of o) -- the highest form of title security. - land value: ₦4,000,000 per sqm. - total land value: ₦19,791,064,000 (approx. ₦19.79 billion). - proposal: luxury flats, maisonettes, and penthouses across 6 floors. - jv structure: open to partnership between landowner and capable developer. --- key highlights - ultimate banana island address: the most prestigious residential address in nigeria -- home to billionaires, captains of industry, and diplomatic elite. - massive scale: at nearly 5,000 sqm, this is one of the largest available development parcels on banana island -- a true landmark opportunity. - superior title security: c of o provides absolute ownership certainty -- bankable and ready for jv financing. - premium residential zone: surrounded by existing high-value homes, ensuring immediate prestige and long-term value appreciation. - 6- floor development potential: flats, maisonettes, and penthouses -- a mix that caters to different luxury buyer profiles while maximizing returns. - rare offering: land of this size on banana island is virtually extinct -- this is a generational opportunity. --- ️ development potential 4,947.766 sqm -- 6 floors of luxury residential - total built-up area: approx. 20,000--25,000 sqm (depending on design and floor plates). - unit mix potential: - luxury 2/3/4-bedroom flats - spacious maisonettes (duplex-style units) - premium penthouses with private terraces - estimated unit count: 40--60 luxury units, depending on unit sizes and configuration. - amenities: swimming pool, gym, concierge, secure parking, lush landscaping. - target market: ultra-high-net-worth nigerians, diaspora buyers, expatriates, diplomatic corps. --- market context metric value land size 4,947.766 sqm per sqm valuation ₦4,000,000 total land value ₦19.79 billion market range (banana island) ₦3.5m--₦6m/sqm jv sharing to be negotiated - per sqm benchmark: at ₦4m/sqm, this land is competitively positioned within banana island's current market range (₦3.5m--₦6m/sqm depending on waterfront access, exact location, and plot characteristics). - scarcity value: parcels exceeding 4,000 sqm in banana island's residential zone are exceptionally rare -- most have been developed or subdivided. - development upside: a well-executed luxury development on this site could achieve gross development value (gdv) of ₦40b--₦60b+, depending on unit mix and market conditions at completion. --- ️ jv structure (typical) party contribution sharing (negotiable) landowner land (c of o, valued at ₦19.79b) 40--50% of completed units/sales developer 100% construction funding 50--60% of completed units/sales - facilitator's fee: applicable as agreed with introducing agent. --- requirements for interested developers 1. letter of intent (loi) -- formal expression of interest. 2. company profile -- track record in luxury, large-scale developments. 3. proof of funds -- evidence of construction financing capacity (minimum ₦15b--₦20b project cost). 4. development proposal -- preliminary concept, unit mix, architectural vision, financial projections. 5. site inspection -- physical viewing of this landmark parcel. 6. jv negotiation -- direct engagement with landowner to finalize terms. --- ideal for: top-tier developers with proven experience in ultra-luxury, large-scale residential projects; institutional investors seeking a flagship banana island development. a once-in-a-generation opportunity -- nearly 5,000 sqm of c of o--titled land on banana island, ready for a world-class luxury residential development. serious and capable developers only. this is the pinnacle of nigerian real esta...

Joint venture opportunity -- lekki phase 1 proper 1,154.48 sqm lagos c of o land value: ₦1.8 billion prime location high roi potential 50/50 sharing (tbd) --- property overview - location: lekki phase 1 proper, lagos -- the gold standard of lekki living, offering unmatched prestige, security, and proximity to the peninsula's best amenities. - land size: 1,154.48 sqm. - title: lagos state certificate of occupancy (c of o) -- the highest form of land title in lagos. - land value: ₦1,800,000,000. - price per sqm: ₦1,559,000 (approx.). - jv structure: profit sharing between landowner and developer (ratio to be negotiated -- typically 50/50). - proposal: high-roi residential or mixed-use development. --- key highlights - lekki phase 1 proper: not phase 1 extension or fringes -- this is core lekki phase 1, commanding premium value and instant recognition. - superior title security: lagos c of o provides absolute ownership security -- bankable, transferable, and ready for financing. - substantial scale: 1,154 sqm offers exceptional flexibility for a landmark development -- rare in this built-up, high-demand location. - prime demographics: surrounded by high-net-worth residents, corporate headquarters, and luxury amenities -- ensuring strong demand for completed units. - jv flexibility: open to negotiating a win-win structure with a capable developer. --- ️ development potential 1,154 sqm in lekki phase 1 proper is ideal for: - luxury apartment block: 15--20 high-end flats across 4--5 floors. - terrace duplex cluster: 6--8 luxury terrace units. - gated mini-estate: 4--5 detached or semi-detached villas. - mixed-use development: ground-floor retail/offices + residential above (subject to approvals). --- market context metric value land size 1,154.48 sqm land value ₦1,800,000,000 per sqm valuation ₦1,559,000 market range (lekki ph1) ₦1.5m--₦2.2m/sqm jv sharing to be negotiated (50/50 typical) - per sqm benchmark: at ₦1.56m/sqm valuation, this land is competitively positioned within lekki phase 1's current market range (₦1.5m--₦2.2m/sqm depending on exact street and plot characteristics). - scarcity factor: plots of this size with c of o in lekki phase 1 proper are increasingly rare -- most have been developed or subdivided. --- next steps for interested developers 1. letter of intent (loi) -- express interest and capacity. 2. company profile -- demonstrate track record in luxury developments. 3. proof of funds -- evidence of construction financing capability. 4. site inspection -- physical viewing of the property. 5. development proposal -- concept, unit mix, financial projections. 6. jv negotiation -- agree on sharing ratio and terms with landowner. --- ideal for: established developers seeking a flagship jv opportunity in lagos's most prestigious residential address; investors wanting exposure to lekki phase 1's prime real estate market. a rare 1,154 sqm c of o parcel in lekki phase 1 proper -- ready for the right developer to create something exception...

J.v land brief location: eko atlantic city, victoria island, lagos. land size: 3,444 square meters. title: governor consent proposal: open (highrise) value: $3,000 per sqm premium: no premium broker fee: 10% of land value procedure: - letter of intent - company's profile - ⁠proof of funds - past projects details - an official letter, agreeing to 10% broker fee o...

Joint venture developers delight in lekki scheme 2... location: lekki scheme 2 land size: 1000sqms land value: 300m proposal: open to the best proposal with good roi premium: 30million refundable (asking) sharing formula: 55/45 facilitators fee : 10% note: _we can close asap owner is available. #...

Joint venture available at hampton bay ikate 800sqm middle plot land value n700m premium: n85m global c of o sharing ratio 50:50 proposal: 2 semi detached duplexes we can close in just 2 days. send in your capable developer let's close. no chain pls been awh...

*quick joint venture: 650sqm at census close off bode thomas junction, surulere* location: census close off babs animasaun land size: 650m² title: land certificate land value: n500m proposal: multiple luxury apartments. sharing ratio: tbd premium : n55m facilitator's fee: 10% of total land value. survey plan: available on request inspection: call procedure loi, company profile, detailed project proposal. proof of fu...

Joint venture partnership at bourdillon road, lagos. this jv is opened for a proven capable financier & developer for the construction of high-density/high-rise top notch luxury apartments. plot size: 4417 sqm title: federal government certificate of occupancy. value of the land: n4m/ sqm the type of development required: high density/high-rise mix of 40 units of contemporary top luxury 4-bedroom maisonettes with 2 staff quarters & 2 kitchenettes per unit *plus* 6 units of 5-bedroom penthouses with 2 staff quarters & 2 kitchenettes per unit with modern facilities & amenities. height: 25 floors or more permissible by lasg building authorities but without crowding. sharing formula: developer 65% landowner 35%. facilitators' fee: 7% of land value (not negotiable) premium: n1b not negotiable other prerequisites: 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. all sub-contractors (windows, doors, electrical consultants, mechanical consultants, etc) to be mutually agreed upon & selected by both parties before execution of the jva. 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 up...

L*joint venture 1300 sqm facing admiralty way lekki phase1* *proposal 10 floors high rise* value #5 billion *please come with your direct investor only* *pleaee note: the owner only want investof that have done past projet at ikoyi babana lekki phase1 that have tecnical experience for a smart home " build with enlanla capade beto,black diamond,julus bager/ also have proof of funds to enter sight immedialy once sign* *sharing fumula 50/50* *agency fess 10% net* please note the owner said he dont want invstor that will come to tell him he have buyers off plan client no no no *( 2 ) for sale / joint venture opportunity* prime land -- ikoyi (near ikoyi passport office) a rare opportunity to acquire or partner on a 20,000 sqm parcel of prime land in a highly sought-after location in ikoyi, lagos. *outright sale* * land size: 10,000 sqm * price: ₦1.2 million per sqm * title: federal certificate of occupancy (c of o) *joint venture (jv) option* * land size: 10,000 sqm * valuation: ₦1.5 million per sqm * title: federal certificate of occupancy (c of o) * sharing formula: 50%:50% * facilitator's fee: 10% * premium: nil *location advantage:* strategically located close to the ikoyi passport office, with excellent accessibility and strong development potential. *( 3 ) joint ventures* *location:* engineering close, victoria island. *owner*: a professional body in the financial industry. *proposal:* service office development or mixed use on not lower than 10 floors *land size*: 1,519sqmts *land value:* #4.5bn *premium:* none *sharing formular:* tbd *facilitators fee*: 10% *title*: certificate of occupancy (c of o) *fresh capital j.v project @ ikoyi tumble road* *location :on tumble road that lead to banana ikoyi* *jv for the construction of 24 units of 2 bedroom apartments 12 floors,on banana island road.ikoyi* *term and conditions to be agreed.* sharin 60/40 *note: owner said before signing investor will show proof of funds// immediately after signing premium will be paid immediately* *land size:* 2,000 sqm *value:* 2.6m per sqm *tittle:* fed. c of o *facilitators fee: 10%* *_the owner have perfected all documentary sign and start building immediately_* [s: *fresh capital j.v project @ ikoyi tumble road* *location :on tumble road that lead to banana ikoyi* *jv for the construction of 24 units of 2 bedroom apartments 12 floors,on banana island road.ikoyi* *term and conditions to be agreed.* sharing// 60/40 *note: owner said before signing investor will show proof of funds// immediately after signing premium will be paid immediately* *land size:* 2,000 sqm *value:* 2.6m per sqm *tittle:* fed. c of o *facilitators fee: 10%* *_the owner have perfected all documentary sign and start building immediately_ * ...

Fresh ikeja jv land size...900 sqm location: in a quiet close off hakeem balogun ikeja premium...yes( can be paid in installments) sharing formula: tbd land value: tbd owner wants block of serviced apartments owner will take a floor for his official use facilitators fee: 10% of land va...

Joint venture opportunity direct to the developers size: 1960 sqm title: global certificate of occupancy location : ogombo, lekki, lagos 10% facilitators fee purpose: 15 terraces. concept has been drawn and approved. construction 5 of units is already underway. we require a top-notch and trustworthy developer to build or an investor to finance the remaining 10. each unit of terraces is going at 135m at the completion direct development or 500m - 1 billion financing needed profit sharing ratio ...

3,500 sqm land for a joint venture-- bourdillon, ikoyi prime land measuring 3,500 sqm, strategically located directly on bourdillon, ikoyi. valuation: ₦3.5 million per square meter title: lagos state certificate of occupancy (recently renewed) the owner has an existing architectural design for a 15-floor development comprising 41 residential units, including a penthouse. transaction requirements: - 10% negotiable brokerage fee - letter of intent - facilitator fee agreement - company profile - meeting with the develo...

*verified & closable joint ventures victoria island* land size: 2,372.472 sqm [ prime dry land] locationraufu taylor close, victoria lsland, lagos land value: n4billion premium: nil sharing formula: 50/50 facilitator fee: subject to negotiations ps: *reputable company can submit the folowing :* - viable loi - ⁠company profile - proposal - ⁠facilitator's letter *all written and signed by the develop...

Jv jv.. location budo peninsula estate phase 2 ajuwe. proposal 2 bedroom block of flat. premium nill. sharing formula 60/40 in favour of developer title document deed of assignment. talking to the owner directly. land value #300,million. facilitators fee 10% 732 sqm land si...

*land for joint venture in lekki phase 1* lagos land size: 1600sqm land value: 2.2b premium: n150m proposal: apartments 2/3bed (40 units) sharing formula: 50/50 (non negotiable) facilitator's fee: 10% note this: myself and contacts are in direct talk with the owner sincewhen he purchased the property- we can close it within a week!! #v(t)awo...

Flexible joint‑venture opportunity overview an extraordinary jv land opportunity on the lekki foreshore in lekki phase 1 --- one of lagos's most coveted corridors. this opportunity is structured for serious developers ready to move fast: waterfront location, lagos c of o, planning approval up to 7 floors, and flexible engagement in scalable lots. key facts at a glance - location: lekki foreshore, lekki phase 1 --- immediately adjacent / sharing boundary with orange island - minimum jv parcel: 1 hectare (10,000 sqm) --- engagements may be in multiples of this plot size - title: lagos certificate of occupancy (c of o) --- bankable and transaction‑ready - planning: approval for up to 7 floors --- accelerates permitting and construction planning - product mix accepted: residential and commercial jv schemes (or blended mixed‑use) - land valuation for jv structuring: ₦800,000 per sqm (basis for equity/share calculations) - premium: nil --- no premium required from the developer - facilitator fee: 10% (to be settled as agreed on close) why this is unmissable - foreshore advantage: waterfront proximity commands premium pricing, exclusive views and exceptional marketability for luxury residential, serviced apartments, boutique hotels and high‑end commercial uses. - strategic adjacency: sharing boundary with orange island enhances exclusivity, accessibility and cachet for buyers/tenants. - scale & flexibility: minimum 1 hectare gives meaningful density economics --- develop at scale or acquire multiples to optimise returns. - permitted density: 7‑floor approval significantly reduces entitlement risk and shortens time to market. - clean title: lagos c of o supports financing, pre‑sales and institutional partnerships. - no premium: owner is offering the land for jv without upfront premium --- ideal for developers seeking land‑efficient models. recommended jv structures (examples) - equity split: landowner contributes land (valued at ₦800k/sqm) and developer funds construction --- profit split to be negotiated. - revenue share: developer manages construction & sales/letting; net proceeds shared per agreed ratio. - build‑to‑sell or build‑to‑let: flexible exit strategies depending on market appetite and pre‑sale/offtake options.specific sharing formula and commercial terms to be agreed at heads of terms. development potential & market fit - luxury waterfront residences & penthouses --- premium yields and resale values - serviced apartments / boutique hotel targeting short‑stay high‑net‑worth and expatriate demand - mixed‑use podiums with retail/ f&b and professional offices --- capture daytime and leisure footfall - high‑yield rental blocks for corporate and expatriate accommodation commercial mechanics & fees - land valuation for jv calculations: ₦800,000 per sqm (used as base land value) - facilitator fee: 10% --- payable on agreed milestone (negotiable timing/structure) - premium: nil --- landowner requires no upfront premium from developer process & next steps (closeable, rapid engagement) 1. register expression of interest with brief company profile and proof of funds or funding partner. 2. sign nda to receive full data room (c of o, survey, approvals and site plans). 3. schedule site inspection and preliminary concept meeting. 4. submit developer proposal (commercial model, delivery timeline, sharing formula). 5. negotiate heads of terms, execute jv agreement, commence project mobilisation. serious, qualified developers and institutional partners only --- this is a closeable, time‑sensitive opportunity. contact for full documentation, site visit arrangements and to submit your jv proposal, contact us now. provide proof of interest/funding to access the data room and move straight to negotiation. note all particulars are provided in good faith and should be independently verified by prospective buyers and their legal advisers. price and availability are subject to prior sale. contact: mr. kola adesina (edba) all detailed documentation and commercial discussions will be provided on a confidential basis and subject to a signed nda. serious proposals only. *how we work* tell us your needs (budget, location, size). our team reviews your request and assigns a dedicated relationship manager. we only source conflict-free land and properties with clear titles. we conduct due diligence and arrange site visits. viewings are by appointments only finalize purchase, rental or lease with legal support. *please feel free to browse our other featured properties #d...

Direct mandate: joint venture opportunity lekki foreshore, off freedom way, lekki phase 1 2,000 sqm deed of assignment 50/50 sharing ratio land value: ₦1.7 billion (₦850,000 per sqm) --- property overview - location: lekki foreshore estate, off freedom way, lekki phase 1, lagos -- a prestigious waterfront-adjacent residential enclave. - land size: 2,000 sqm. - title: deed of assignment (buyer/partner to perfect to governor's consent). - land value: ₦1,700,000,000. - price per sqm: ₦850,000. - jv structure: 50/50 profit sharing between landowner and developer. - status: bare land, ready for development. --- key highlights - prime lekki foreshore location: one of lekki phase 1's most exclusive neighborhoods, offering serene, secure living with proximity to freedom way, chevron, and major lekki arteries. - substantial scale: 2,000 sqm provides significant flexibility for a landmark development -- rare in this established locale. - developer-friendly terms: 50/50 sharing with land valued at ₦850,000/sqm offers attractive economics for a well-executed project. - waterfront adjacent: proximity to the foreshore enhances property values and desirability. - clear jv path: direct mandate from landowner -- streamlined negotiation and closure. --- ️ development potential 2,000 sqm in lekki foreshore is ideal for: - luxury apartment block: 15--20 high-end flats across 4--5 floors. - terrace duplex cluster: 8--10 luxury terrace units. - gated mini-estate: 5--7 detached or semi-detached villas. - mixed-use development: retail/commercial ground floor + residential above (subject to approvals). --- jv structure & market context component details land contribution 2,000 sqm (valued at ₦1.7b) developer role 100% construction funding sharing ratio 50/50 of completed units/sales title status deed of assignment -- developer to facilitate governor's consent - per sqm benchmark: lekki foreshore land with good title typically ranges from ₦800,000--₦1.1m/sqm. at ₦850,000/sqm valuation, this offers a fair entry point. - jv appeal: 50/50 is a balanced split in this micro-market, incentivizing quality development while rewarding landowner contribution. --- next steps for interested developers 1. letter of intent (loi) -- express interest and capacity. 2. company profile -- demonstrate track record in luxury developments. 3. proof of funds -- evidence of construction financing capability. 4. site inspection -- physical viewing of the property. 5. proposal -- preliminary development concept and financial projections. 6. meeting with owner -- direct negotiation and jv finalization. --- ideal for: established developers seeking a sizable, well-located jv opportunity in lekki phase 1's most desirable residential enclave. a clear 50/50 jv mandate on 2,000 sqm in lekki foreshore -- ready for serious engageme...