Unfurnished Joint Venture Property in Ikate, Lekki, Lagos
There are 32 flats, houses, land and commercial properties joint venture in Ikate as of 19 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.
JV in Prime Location In Ikate - Elegushi, Lekki Land Size: 1002sqm Proposal: Block of 24 Units of Flats. - 8 nos 3 bedroom flats - 16 nos 2 bedroom flats Developer to get 15 units (13 units of 2 bedroom flat and 2 units of 3 bedroom flat) Land owner to get 9 units (6 units of 3 bedroom flat and 3 units of 2 bedroom flat) Sharing ratio: - 60% Developer - 40% Owners Land owner relocation allowance/premium: N72 Million (To cover accommodation for the period of construction) Title: Registered Consent Facilitation fee: N50 Million Outright payment after sign/off pre-ground breaking. (Slightly negotiable) Olamide
Elegushi, Ikate, Lekki, Lagos
Added today
1002 sqm
Flowtouch Properties
Premium
₦1,000,000
Residential land joint venture
Development Land
Joint Venture Development Ikate Option to sell available at N1m per square meter* Location--- off freedom way Land size---1,263sqm Proposal---20 units of 2bedroom apartments+BQ + 2 pinet house Land value---1m per square meter Facilitator fees---10% Sharing---50/50 Premium---100M (refundable) Title--- Governor's Consent. Capable developers needed
Off Freedom Way, Ikate, Lekki, Lagos
Added yesterday
1263 sqm
Teta Homes
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
₦1,500,000,000
Residential land joint venture
1,200SQM Residential Land
Outright sale / joint venture: 1,200SQM land Alma Beach Estate, ikate, lekki ₦1.5BN asking ️ a prime 1,200sqm land available for outright sale or Joint Venture, with a proposed development of a minimum of 16 flats. Property Details: 1,200sqm Land Alma Beach Estate Suitable for Outright Sale or Joint Venture Proposed Minimum of 16 Flats C of O Premium: 10% of Value --- Negotiable Facilitator's Fee: 10% of Value Location: Alma Beach Estate, Ikate, Lekki, Lagos State Value: ₦1.5B Asking Price Proposal: Minimum of 16 Flats Sharing: TBD Premium: 10% of Value --- Negotiable Facilitator's fee: 10% of Value Kindly reach out or call for further enquiries or inspection!
Alma Beach Estate, Ikate, Lekki, Lagos
1200 sqm
Seek Gold Property and Realty
Premium
₦2,600,000,000
Land joint venture
Land Available for JV
Closable joint venture ikate Ikate,Lekki Size:3100sqm Title:Governor's consent Proposal:45 units of 2/3 bedroom apartment Premium:N30m Land value :N2.6b Sharing :to be discussed Facilitator's Fee: 10%
Spar, Ikate, Lekki, Lagos
Enerst Properties
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Premium
₦5,700,000,000
Land joint venture
6400 SQM Prime Land in a Secured Estate Available
6400 sqm bare land Available for JV Location: Gated estate zero flood( Ikate Elegushi) lekki Land value: 5.7B Premium N500m Fees : 10% net
Ikate, Lekki, Lagos
Enerst Properties
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
1
₦850,000,000
Land joint venture
820M² Bare Land
Joint venture in ikate. Land size: 820m²(Bare Land) Excellent location : Along Christ Embassy Road, by AP petrol station, Ikate. Land value N850m The owner wants a mix of malls and apartments on four or five floors.
Along Christ Embassy Road, by Ap, Ikate, Lekki, Lagos
Enerst 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
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
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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
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
Featured
₦612,000,000
Mixed-use land joint venture
720 SQM Exclusive Land
Available for Joint Venture Development at ikate, lekki. 720 SQM at ilasan, ikate >Premium N49m only. >Ratio: Developer:60/Plot Owner:40. >Proposal 12 apartments.
Ilasan, Ikate, Lekki, Lagos
720 sqm
5050properties
Featured
₦900,000,000
Land joint venture
Closable Land Venture with Flexible Development Proposal
Closable JV with a flexible development proposal Land Size: 1,000 SQM Property Value: ₦900M Sharing Formula: 50/50 Development Proposal: Open Facilitator's Fee: 10%
Ikate, Lekki, Lagos
Booma Properties
Featured
₦1,200,000
Residential land joint venture
Residential Land
6000sqm land for a mini estate for jv owner is on ground for meeting
Gbangala, Ikate, Lekki, Lagos
6000 sqm
Planwell Homes Limited
Featured
₦1,300,000,000
Land joint venture
1263SQM with C of O in a Serene Location
For sale/jv ikate Behind dome church, off freedom way, ikate Size: 1263sqm of bareland @ - Proposal: A 6 storey luxury Apartment of 16 units of 2 bedroom flat with 3 or 4 bedroom penthouse on the 6th floor. - land value: 1.3 billion. - premium of 100millon refundable within the period of 6 months - sharing ratio: 55% to developer & 45% to landlord - project duration: 18 months - proof of fund from the developer. - Track record of the developer. - facilitators fee: 10%
Behind Dome Church, Off Freedom Way, Ikate, Lekki, Lagos
1263 sqm
Temosh Global Properties LTD
1
₦1,250,000,000
Residential land joint venture
1263SQM Land
Direct to mandate joint venture development ikate Option to sell available at N1m per square meter* Location--- off freedom way Land size---1,263sqm Proposal---20 units of 2bedroom apartments+BQ + 2 pinet house Land value---1m per square meter Facilitator fees---10% Sharing---50/50 Premium---100M (refundable) Title--- Governor's Consent. Capable developers needed
Off Freedom Way, Ikate, Lekki, Lagos
Added today
1263 sqm
The Land Ace Lagos
₦900,000,000
Land joint venture
1,000SQM Land
Joint venture deal in ilasan ikate lekki lagos size: 1,000sqm location: Ilasan new road, Lekki by Address Homes,IKATE land VALUE:₦900k per SQM (₦900M) TITLE:Governor's Consent proposal: 20 Units of 2 bedroom apartments Facilitator's fee: 10% Premium: Nil Sharing: 50/50 I'M dealing with the semi direct agent please
Hot JV Joint Ventures Iroko Awe Str Ilasan new road Lekki Lagos (Behind Blenco supermarket Chisco Ikate) Land Size: 654.454sqm Land Value: N850k per Sqm Premium: Nill Sharing Ratio: 55/45 Proposal: Block of 2 and 3 bdr apartments With Governor consent Serious developer may embrace this opportunity! Contact us for more details
Ilasan New Road, Ikate, Lekki, Lagos
P&H Properties Multi-Global LTD
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There are 32 available furnished flats, houses, land and commercial property joint venture in Ikate, Lekki, Lagos. You can view and filter the list of property by price, furnishing and recency.
