There are 20 land joint venture in Banana Island as of 31 Aug 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.
1–20 of 20 properties joint venture
Mixed-use land joint venture
Joint venture location banana island land size 4000SQM proposal block of high rise mixed zone land value 4.5M per SQM facilitators fees 10%
Land joint venture
Location: Banana Island, Lagos Land Size: 1,400 sqm Land Value: ₦6.5 Billion Premium: ₦1 Billion Title: Federal Certificate of Occupancy Owner's Development Preference- A block of luxury flats/apartments, or 4 units of luxury terrace houses
Residential land joint venture
Joint venture @banana island ikoyi Size - 3000sqm Value: 12Billion Proposal: open Title :c of o Premium: Nil Fees: 10% Net. None negotiable.
Residential land joint venture
Banana island zero premium JV just out Land size:- 1,700sqm Residential zone. Land title:- lasg C of O Land value:- #8.5Billion (not negotiable). Proposal:- Proposal open, but must include one Detached house for the land owner Sharing ratio:- 50/50 (not negotiable) Agency fee:- 10% of total land value net. PLS note The Developer must have traceable completed projects in either Ikoyi, Victoria Island or Banana Island. No agent is permitted to write on behalf of the developer, all letters must be written on the company letter head papers of the developer and signed by him or his director The developer should also indicate in his loi the construction company he'll be engaging for this project. The agency fee's letter must come separately too. The developer should indicate in his loi that he's ready to include one Detached house in the compound for the land owner
Residential land joint venture
Banana Island, Ikoyi. 1,400 SQM. Joint Venture. ₦6,500,000,000 Land Value. ₦1,000,000,000 Premium. Federal Certificate of Occupancy. This Is Not a Home for a Renter to Buy. This Is the Plot a Developer Has Been Waiting For. The problem There is a category of Lagos real estate conversation that has nothing to do with escaping a landlord --- and this listing sits squarely inside it. Most JV opportunities marketed as "Banana Island" turn out to be undersized, poorly titled, or attached to a landowner whose sharing terms make the arithmetic unworkable before a single foundation is poured. Developers who have spent years circling this island for a genuine build slot know the actual bottleneck isn't capital. It's finding 1,400sqm, Federal C of O, on the island itself, from an owner who has already stated what they want built. This listing removes that bottleneck. The owner has already specified the outcome: a block of luxury flats, or luxury terrace houses with a penthouse. The title is Federal C of O --- the cleanest instrument available on this island. The land size is large enough to support a real development footprint, not a compressed one. The question isn't whether Banana Island is the correct address for a luxury residential development. It's whether this specific parcel, at this specific value, is the one worth committing construction capacity to before another developer does. The agitation Here is what the numbers on Banana Island JV land actually show right now. Recent comparable JV parcels on the island have valued land anywhere from roughly ₦850,000/sqm on older-dated listings up to ₦2.1M/sqm, ₦4M/sqm, and ₦5M/sqm on more recent 2026-dated JV offers --- a spread that reflects waterfront position, zoning, and how recently the parcel was valued. A 1,500sqm JV parcel currently listed elsewhere on the island values land at ₦5M/sqm for a total of ₦7.5B, proposing a mixed low-rise-to-penthouse structure comparable in ambition to what this owner is requesting. This listing --- 1,400sqm, ₦6.5B land value, ₦1B premium --- works out to approximately ₦4.64M per sqm before the premium is factored in. That places it inside the current Banana Island JV range, priced below the ₦5M/sqm comparable cited above, on a parcel large enough to support either of the two development formats the owner has already approved. The scarcity is not abstract. Banana Island's land supply for JV-ready parcels with Federal C of O --- as opposed to Lagos State C of O, or land still working through title perfection --- has been consistently limited, which is precisely why the JV structure exists at all: the owners holding this land are not selling it outright, and they are not releasing it to just any developer. Every month a qualified developer defers engaging this specific parcel, the risk isn't that the price falls. It's that another development partner with proof of capacity closes it first. The solution 1,400 square metres of residential land, Banana Island, Ikoyi. Federal Certificate of Occupancy. ₦6,500,000,000 land value. ₦1,000,000,000 premium. Owner-approved development path: a block of luxury flats, or luxury terrace houses with a penthouse. Here is what this parcel actually delivers to the developer who can close it: Federal Certificate of Occupancy. The strongest individual title instrument available under Nigerian land law, superior in registration standing to a Lagos State-issued C of O or a Deed of Assignment awaiting Governor's Consent. For a developer financing construction against this land, or presenting to institutional co-investors, a Federal C of O removes the single biggest source of delay and legal risk in a Lagos JV --- title uncertainty. 1,400sqm on Banana Island itself. Not an adjacent axis, not a "Banana Island-adjacent" address used loosely by other listings. This is land on the island the entire luxury Lagos market treats as the ceiling reference point --- the address every other Ikoyi and VI comparable gets measured against, not the reverse. Owner-defined development brief. The owner is not asking a developer to guess what will be approved. Luxury flats, or luxury terrace houses with a penthouse, are already the stated preference --- which shortens the negotiation phase considerably compared to a JV where design intent is still undefined. ₦6.5B land value against a market range of ₦4M--₦5M/sqm on comparable 2026 JV parcels. At approximately ₦4.64M/sqm, this parcel sits inside --- and below the top of --- the current range for genuine Banana Island JV land, before any premium negotiation. ₦1B premium. Disclosed upfront, not buried in a facilitator's fee structure discovered mid-negotiation. A developer evaluating this deal knows the full cost basis before committing time to due diligence. Why this beats the alternative JV parcels currently circulating. Several Banana Island JV listings on the market right now carry ambiguous or undisclosed premiums, Lagos State C of O rather than Federal, or land sizes too small to support anything beyond a compressed low-rise. This parcel discloses its premium, holds the stronger title, and sits at a size that supports a genuine luxury block or terrace-with-penthouse format --- the exact profile that has driven the strongest resale and rental yields on the island over the past several years. The call to action 1,400sqm. Banana Island, Ikoyi. Federal C of O. ₦6,500,000,000 land value. ₦1,000,000,000 premium. Development path: luxury flats or luxury terrace houses with penthouse. This is not an offer for a corporate professional looking to stop renting. This is a JV slot for a developer, construction firm, or family office with the capacity to execute a Banana Island-grade build and the documentation to prove it. Call the agent, or send your company profile for survey review, via Smilebay Realties: +234 901 517 4801. Serious developers only. Proof of construction capacity required before terms are discussed. The island doesn't release land like this often. The title is already Federal C of O. The brief is already written. The developer who closes it hasn't been decided yet. Land Type: Residential Land --- Joint Venture Size: 1,400 sqm Land Value: ₦6,500,000,000 Premium: ₦1,000,000,000 Title: Federal Certificate of Occupancy (C of O) Owner's Development Preference: Block of luxury flats, or luxury terrace houses with penthouse Security: Security/gateman Location: Banana Island, Ikoyi, Lagos NPC Comparable Context (Banana Island JV/land market, 2026): 1,500.23sqm JV parcel, Banana Island Estate --- ₦5,000,000/sqm (₦7.501B total) 2,300sqm JV parcel, Banana Island (mixed zone) --- ₦4,000,000/sqm + ₦300M premium 1,900sqm JV parcel, Banana Island (corner piece) --- ₦2,100,000/sqm This listing: 1,400sqm, Banana Island --- approx. ₦4,640,000/sqm + ₦1B premium Posted: 24 July 2026 Listed by: Smilebay Realties Limited --- Ref: #358-722-7
Land joint venture
Prime 12,000 sqm of Land for Joint Venture Development in a Mixed-use Zone within Banana Island Estate, Ikoyi, Lagos This is an outstanding Joint Venture opportunity to develop a 12,000 sqm prime land parcel strategically located within the prestigious Banana Island Estate, Ikoyi, Lagos. Positioned in a designated mixed-use zone, this exceptional property offers developers and institutional investors the opportunity to execute a landmark project in one of Nigeria's most exclusive and high-value real estate markets. The landowner seeks an experienced and financially capable development partner to deliver a high-value mixed-use project that maximizes returns for all Joint Venture partners. The proposed structure is designed to foster a mutually beneficial partnership, with commercial terms open to discussion. Qualified developers, institutional investors, private equity firms, and strategic real estate partners are invited to express their interest. Development Potential The site is ideally suited for a world-class mixed-use development, including: -Luxury residential apartments -Premium office spaces -Branded residences -Hospitality and serviced apartments -Retail and lifestyle facilities -Corporate headquarters -High-end commercial developments Why This Opportunity? -Prime location -Large 12,000 sqm development site -Mixed-use zoning offers exceptional flexibility -Strong capital appreciation and investment potential -Excellent accessibility and premium surroundings -Opportunity to deliver a landmark development in one of Africa's most exclusive addresses Title: Federal C of O Land Value: ₦5,000,000/sqm Preferred Development: High-value mixed-use project that delivers optimal returns to all JV partners. Image code: CPP LD391 To schedule a viewing, send a dm or call, +234 813 868 2907 or, +234 911 064 9112
Land joint venture
Prime 5,000 sqm Development Site in the Prestigious Banana Island Estate, Ikoyi, Lagos This is an exceptional opportunity to partner on the development of a prime 5,000 sqm parcel of land in the highly coveted Banana Island Estate, Ikoyi, Lagos; Nigeria's premier luxury residential and investment destination. This landmark property presents an ideal opportunity for reputable developers, institutional investors, and strategic partners seeking to execute a world-class residential or mixed-use development in one of Africa's most exclusive real estate markets. The property owner is seeking a credible and financially capable development partner under a mutually beneficial Joint Venture arrangement. The structure is open for discussion, allowing both parties to establish terms that align with their development objectives and investment goals. Serious developers, investment firms, and qualified partners are invited to express their interest. This premium development site is suitable for: -Luxury waterfront residences -Ultra-luxury apartments -High-end detached villas -Branded residences -Mixed-use luxury developments -Exclusive gated residential communities Why This Opportunity? -Prime location -Zero premium requirement -Exceptional capital appreciation potential -Flexible and mutually beneficial Joint Venture structure -Ideal for experienced developers and institutional investors -Located within one of the most valuable and sought-after real estate markets in Nigeria Title: C of O Land Value: ₦20,000,000,000 Premium: Nil Proposal: Open to mutually beneficial development partnerships. Image code: CPP LD390 To schedule a viewing, send a dm or call, +234 813 868 2907 or, +234 911 064 9112
Land joint venture
Just out for JV in banana island Location: 217 Close banana island, Ikoyi 3000sqm watert front land with a Six bedroom detached structure Proposal: Blocks of Flats/ massionate of at most 5 floors for residential or your design can be looked into. Value: N4.5m per sqm Sharing formula: 50/50 slightly negotiable Refundable premium of N1.5bill Title: C of O Facilitators fees: 10% To meet the owner: Developer Profile and Proposal must be submitted. @rot$$
Residential land joint venture
Sure deal Banana Island Joint venture Land size: 1,400sqm Location: Banana Island (Residential Low Density Area) Land value: #5m per sqm Title: C of O Proposal: Open Premium: #1billion (Negotiable & Refundable) Sharing ratio: TBD Facilitators' fee: 10% of total land value net, not negotiable. Survey will be given to the developer during inspection as instructed by the owner and his mandate. The owner needs a capable and reputable developer with past projects done in Banana Island, Vi and ikoyi axis. It's only for capable developer that's ready to pay the premium.
Mixed-use land joint venture
Prime Development Opportunity Banana Island, Lagos Land Size: 2,300 SQM Title: Lagos State C of O Zoning: Mixed-Use Land Value: ₦4,000,000 per SQM Premium: ₦300,000,000 Preferred Development - High-Rise Development - Proposed: 14 Floors Minimum - 50/50 Joint Venture Structure - Minimum development height: 14 Floors Approval status No current building approval; however, the property has been regularized with Lagos State. Facilitator's fee - 6% Facilitation Fee - Plus 1 Unit of Flat Strictly for capable & experienced developers. This is a prime Banana Island development opportunity suited for a developer with the capacity, experience and financial strength to execute a high-rise project. Serious & Qualified Developers Only. Survey plan available for see and inspection 24 hours notice please #mramos
Land joint venture
Exclusive joint venture banana island waterfront* Land Size: 6000 sqm Prime Waterfront Title: Federal Certificate of Occupancy [C of O] Land Value: ₦30 Billion Facilitator fee: 10% We are offering an exclusive Joint Venture opportunity on a rare 6,000 sqm waterfront plot in Banana Island, Lagos -- Nigeria's most prestigious residential and investment address. The site is ideally suited for a luxury high-rise, mixed-use development, or an iconic residential project with direct water views.
Land joint venture
JV opportunity banana island Joint Venture opportunity available on the residential side of Banana Island. Landsize: 12,324 sqm waterfront land Title: Lagos State C of O Joint Venture Structure: The land can be divided into two portions. Premium: ₦2 billion but it will later be deducted from the owner's share. Price: ₦4.5 million per sqm Facilitator fee: 10% This is a prime waterfront property in Banana Island, suitable for a high-end residential development.
Land joint venture
N20billion banana island land joint venture n2billion facilitator's fee 5,000 SQM C of O ikoyi, lagos developer-only mandate design ready immediate closure property highlights: - Location:Banana Island, Ikoyi, Lagos - Size: 5,000 sqm - Title: Lagos State Certificate of Occupancy - C of O - *Land Value:N20,000,000,000 - Premium: Nil - Facilitator's Fee:N2,000,000,000 [10% Net] - Status: Design Available Owner Ready for Immediate Closure Proposed Development:21 units total - 3 Detached Houses - 1st - 4th Floor: 4 x 4 Bedroom + 1 x 5 Bedroom = 16 Units - Penthouse Level:2 x 5 Bedroom Penthouses - Sharing Ratio: TBD developer requirements Company Profile Detailed Proposal pof +Performance Record +Facilitator's Fee Letter + loi special NOTE:Owner preference: Developer with existing or ongoing Banana Island project for verification Direct Mandate. Serious & Qualified Developers Only. CONTACT:WhatsApp / Call 08039426968
Residential land joint venture
Premium banana island land joint venture opportunity ₦20 Billion land value ₦2 billion facilitator's fee Location: Banana Island, Ikoyi, Lagos Land Size: 5,000 SQM Title: Lagos State Certificate of Occupancy (C of O) Land Value: ₦20,000,000,000 Facilitator's Fee: ₦2,000,000,000 (10% Net) Premium: Nil Mandate: Developer-Only Design: Available Status: Owner Ready for Immediate Closure Proposed Development 21 Units Total - 3 Detached Houses - 1st--4th Floors: 4 × 4-Bedroom Units + 1 × 5-Bedroom Unit per floor --- 16 Units - Penthouse Level: 2 × 5-Bedroom Penthouses - Sharing Ratio: To Be Determined Developer requirements Interested developers are required to provide: - Company Profile - Detailed Development Proposal - Proof of Funds (POF) - Track Record / Performance Record - Facilitator's Fee Letter - Letter of Intent (LOI) Special note Owner's Preference: Developer with an existing or ongoing project in Banana Island for verification. Strictly for Serious & Qualified Developers Only. Immediate closure for a qualified developer.
Residential land joint venture
N20billion banana island land joint venture n2billion facilitator's fee 5,000 SQM C of O ikoyi, lagos developer-only mandate design ready immediate closure Property Highlights: - Location: Banana Island, Ikoyi, Lagos - Size: 5,000 sqm - Title: Lagos State Certificate of Occupancy - C of O - Land Value: N20,000,000,000 - Premium: Nil - Facilitator's Fee: N2,000,000,000 [10% Net] - Status: Design Available Owner Ready for Immediate Closure Proposed Development: 21 Units total - 3 Detached Houses - 1st - 4th Floor: 4 x 4 Bedroom + 1 x 5 Bedroom = 16 Units - Penthouse Level: 2 x 5 Bedroom Penthouses - Sharing Ratio: TBD Developer requirements: Company Profile + Detailed Proposal + pof + Performance Record + Facilitator's Fee Letter + loi Special note: Owner preference: Developer with existing or ongoing Banana Island project for verification. Direct Mandate. Serious & Qualified Developers Only. Contact: WhatsApp / Call ️ [Your Number] Inup
Land joint venture
Prime Waterfront Property Measuring 8000 sqm in Banana Island, Ikoyi, Lagos This is a rare and highly strategic waterfront land opportunity is available in the prestigious Banana Island, Lagos; one of the most exclusive and sought-after residential and investment locations in Nigeria. With a substantial 8,000 sqm waterfront land area, this property presents an exceptional opportunity for investors, developers, luxury hospitality brands, and high-net-worth individuals seeking a prime development site with significant long-term value. Development Potential The property's prime waterfront positioning, substantial land area, and prestigious Banana Island address make it particularly attractive for high-value developments. Potential uses may include: Luxury waterfront residences Premium apartments High-end serviced residences Exclusive hospitality or lifestyle development Other prestigious waterfront projects WHY this opportunity stands out Prime waterfront location Situated in the prestigious Banana Island Large and strategically positioned land area Flexible acquisition structure; outright sale or JV Strong appeal to luxury property developers and investors Excellent potential for long-term capital appreciation Rare opportunity to secure substantial waterfront land in one of Lagos' most exclusive locations Value: ₦4,000,000 per sqm Title: Certificate of Occupancy (C of O) The landlord is open to: 4,600 sqm -- For Sale 3,400 sqm -- Joint Venture (JV) N.B: A prime waterfront opportunity in one of Lagos' most sought-after locations. Image code: CPP LD426 To schedule a viewing, send a dm or call, +234 813 868 2907 or, +234 911 064 9112
Land joint venture
Joint venture opportunity in banana island, waterfront 12,000 SQM Waterfront Federal C of O High-Rise Mixed-Use Development Land Value: ₦60 Billion An exceptional opportunity to partner on a 12,000 sqm prime waterfront property in Banana Island, Lagos' most prestigious residential and investment destination. The site is ideal for a luxury high-rise, mixed-use, or iconic residential development. Property Details Location: Banana Island, Lagos Land Size: 12,000 sqm Waterfront Title: Federal C of O Land Value: ₦5,000,000 per sqm (₦60 Billion) Development: Residential (Maximum 6 floors each) Facilitator Fee: 10% net Transaction Process 1. Letter of Intent (LOI) 2. Company Profile 3. Facilitator Fee Agreement 4. Proof of Funds at the first physical meeting SlvD
Mixed-use land joint venture
Exclusive JV opportunity -- banana island, ikoyi talking to direct owner's mandate Prime Land for Luxury High-Rise Development Location: Banana Island Estate, Ikoyi -- Nigeria's most prestigious address Land Size: 1,500.23 SQM Land Value: ₦5M per SQM Total Land Value: ₦7.501 Billion Premium: Subject to Discussion Proposed Development: - Floors 1--2: Car Park - Floors 3--5: Block of Luxury Apartments - Floors 6--7: 4 Units of 4-Bedroom Maisonettes - Floor 8: 2 Units of Exclusive Penthouses - Open to additional design options JV Structure: - Sharing Formula: 50/50 - Facilitator's Fee: 10% Why This Deal Stands Out: - Rare JV slot in Elite Banana Island Estate - Perfect for luxury residential development with global buyer appeal - High demand for premium Ikoyi apartments = Strong roi Engagement Terms: Strictly for direct developers or valid mandates of developers only. Proof of capacity required. No brokers, no middlemen. Serious engagements only. Survey plan attached. Request for loi address #v(T)Wil)
Residential land joint venture
Hot joint venture in residential zone, banana island. Topography: waterfront land. ₦4.5m per sqm Land size:2,700sqm Title: Federal c of o Sharing formula:50% developer/50% owner. Proposal: Blocks of flats and Maisonettes with two penthouses Facilitator's fees:8% Premium:1 million U.S dollars . Note: owner has her drawing already and she want Elalan to build
Land joint venture
Joint venture at banana island waterfront Land Size 2,500SQM Title C of O Value 3.5 Million per SQMS Premium 1M dollars Proposal block of flat 5 floors , Drawing is available. Zone J, Title lagos State CofO Sharing Formula Open Video Available Bola FF
Showing 1–20 of 20 properties
Banana Island, is an artificial island off the foreshore of Ikoyi, Lagos, Nigeria. The Island is a man-made island and is shaped like a banana. It is located in the Lagos Lagoon and is connected to Ikoyi Island by a dedicated road which is linked to the existing road network near Parkview Estate.The island was constructed by the Lebanese-Nigerian Chagoury Group in partnership with the Federal Ministry of Works and Housing and is considered to be on par with the Seventh Arrondissement in Paris, La Jolla in San Diego, and Tokyo's Shibuya and Roppongi neighbourhoods. Banana Island has residential and commercial areas, as well as sites for recreational activities
It occupies a sand-filled area of approximately 1,630,000 square metres and is divided into 536 plots (of between 1000 and 4000 square metres in size) mainly arranged along cul-de-sacs. Dwellers in this Island are provided with world class utilities including underground electrical systems (versus the overhead cabling common throughout Lagos), an underground water supply network, a central sewage system and treatment plant, and street lighting and satellite telecommunications networks
There are 20 available furnished land joint venture in Banana Island, Ikoyi, Lagos. You can view and filter the list of property by price, furnishing and recency.
