Property in Alma Beach Estate, Ikate, Lekki, Lagos
There are 8 flats, houses, land and commercial properties for sale and rent in Alma Beach Estate as of 15 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.
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
₦1,500,000,000
Residential land joint venture
Residential Land
Alma Beach Estate, Ikate, Lekki. Joint Venture. 1,200 SQM. ₦1,500,000,000 Asking. Certificate of Occupancy. Minimum 16 Flats. Sharing Ratio Open to Proposal. Before You Read the Rest of This Listing, Read This: The Price Needs an Answer the Description Doesn't Give. The problem There's a category of Ikate JV land where two nearly identical parcels --- same size, same title type, same general corridor --- can carry wildly different asking prices, and the only way a developer finds out is by actually comparing them side by side instead of taking one listing's number at face value. Most JV land search happens the opposite way. A developer sees an address they recognize --- Alma Beach Estate, Ikate, oceanfront-adjacent --- reads a plausible unit count, and starts modelling a proposal before checking what an essentially identical footprint is trading for two streets over. That's how a developer ends up structuring an equity split against a land value that's double the market's going rate for the same size plot in the same neighborhood. This listing is 1,200sqm, Alma Beach Estate, Ikate. Certificate of Occupancy. ₦1,500,000,000 asking. A minimum of 16 flats requested. Before running a single unit-economics model, the honest first step is putting this number next to what else is trading on the exact same footprint in the same corridor right now. The agitation Here's what that comparison actually shows, and it's not subtle. A separate 1,200sqm JV parcel in Ikate --- the identical size, the identical Lagos C of O title, a 50/50 sharing structure and a 10% facilitator's fee --- is listed at ₦600,000,000. That works out to approximately ₦500,000 per sqm. A 1,000sqm parcel behind Pinnacle Marwa, Ikate, on Governor's Consent, is asking ₦650,000,000, or ₦650,000/sqm. A 1,192sqm corner piece at Itedo Estate off Freedom Way, Ikate, is asking ₦500,000,000 plus a ₦40,000,000 premium --- approximately ₦419,463/sqm all-in. A larger 3,512sqm parcel on Gbangbala Street, Ikate, sand-filled and fenced, is asking ₦650,000/sqm. This listing --- 1,200sqm at ₦1,500,000,000 --- works out to approximately ₦1,250,000 per sqm. Against four independently listed Ikate JV comparables clustering between ₦419,463 and ₦650,000 per sqm, that's not a modest premium. It's roughly double to triple the corridor's going rate on land of comparable or larger size. Is there a legitimate reason for that gap? Possibly. Alma Beach Estate specifically markets itself on proximity to the Ikate-Elegushi oceanfront, and a genuine beachfront or near-beachfront position inside a gated estate can command more than raw JV land elsewhere in Ikate. A 10,000sqm outright parcel at Alma Beach Estate, described as fenced and near the ocean front, sold for ₦700,000,000 total --- which on a per-sqm basis is actually far cheaper than this listing (≈₦70,000/sqm), though outright sale pricing on a much larger, likely undeveloped parcel isn't a clean apples-to-apples comparison against a 1,200sqm JV plot. What that comparison does confirm is that Alma Beach Estate itself isn't inherently a premium-priced address in every transaction type --- which makes the ₦1,250,000/sqm rate on this specific 1,200sqm JV parcel even harder to explain without a specific justification from the seller: exact plot position, direct beach frontage, or a stated reason this parcel differs materially from the ₦419,463--₦650,000/sqm Ikate comparables above. We're not resolving that question for you. A developer evaluating this deal should ask the agent directly, in writing, what specifically justifies this parcel's rate against the four comparables cited --- and should not proceed to a sharing-ratio proposal until that answer holds up. The solution 1,200 square metres, Alma Beach Estate, Ikate, Lekki. Certificate of Occupancy. ₦1,500,000,000 asking value. Minimum proposal: 16 flats. Sharing ratio open to developer proposal. Premium: 10% of value. Facilitator's fee: 10% of value. Here is what a developer should actually evaluate before proposing terms: A specific, checkable unit benchmark. Sixteen flats minimum on 1,200sqm gives a concrete density target to model --- verify feasible floor count and permitted density with Lagos State planning before committing to a sharing ratio, since the 16-unit figure needs to be tested against actual buildable floor area, not accepted as automatically achievable. Certificate of Occupancy. A recognized title instrument. Confirm it's a full C of O and not a lesser instrument like the Governor's Consent or Elegushi C of O seen on comparable Ikate parcels --- title type materially affects how this parcel should be valued against the comparables above. Alma Beach Estate, Ikate. A named estate address with genuine proximity to the Ikate-Elegushi oceanfront corridor --- a real locational asset, but one whose actual premium over generic Ikate JV land needs to be demonstrated with this specific parcel's exact position, not assumed from the estate name alone. Open sharing ratio. The owner hasn't fixed the equity split --- genuine room for a developer to structure a ratio around their real construction cost basis, provided the underlying land valuation used to anchor that ratio is itself defensible. Combined 20% transaction cost on a disputed base value. The 10% premium and 10% facilitator's fee are both calculated on the ₦1.5B asking value --- meaning if that base value is inflated relative to the corridor's actual going rate, the fees compound the overpayment rather than simply sitting on top of a fair number. Why the comparables matter more than the address here. A developer proposing a sharing ratio against an inflated land value effectively gives away more of the completed development's equity than the land is actually worth. Anchoring the negotiation to the ₦419,463--₦650,000/sqm range already trading in Ikate --- and asking the seller to justify anything above it --- protects the developer's actual return before a single foundation is poured. The call to action 1,200sqm. Alma Beach Estate, Ikate, Lekki. ₦1,500,000,000 asking --- well above the ₦419,463--₦650,000/sqm range currently trading on comparable Ikate JV parcels. C of O. Minimum 16 flats. Sharing ratio open to proposal. 10% premium, 10% facilitator's fee. The buyer for this parcel is a developer who will not accept the asking value at face value, and who will require the agent or owner to justify it directly against the four comparables cited above before structuring any sharing-ratio proposal. Call or WhatsApp Smilebay Realties: +234 901 517 4801 and ask specifically: what justifies this parcel's per-sqm rate against comparable Ikate JV land currently trading at less than half this price? Serious developers only. Request the specific justification for the asking price, in writing, before proposing terms. The unit count is already set at a minimum of 16. The title is stated as C of O --- confirm that in writing before anything else. The number that actually matters isn't the asking price on this page. It's whether anyone can justify the gap between it and everything else trading two streets over. Land Type: Residential Land --- Joint Venture Size: 1,200 sqm Asking Value: ₦1,500,000,000 (≈₦1,250,000/sqm --- flagged as significantly above corridor comparables; verify justification before proceeding) Proposal Requirement: Minimum 16 flats Sharing Ratio: Open --- developer to propose Title: Certificate of Occupancy (C of O) --- confirm instrument type in writing Premium: 10% of value Facilitator's Fee: 10% of value Location: Alma Beach Estate, Ikate, Lekki, Lagos (Meadow Hall axis) NPC/Market Comparable Context (Ikate JV land): 1,200sqm, Ikate, Lagos C of O, 50/50 sharing --- ₦600,000,000 (≈₦500,000/sqm) 1,000sqm, behind Pinnacle Marwa, Ikate, Governor's Consent --- ₦650,000,000 + ₦50M premium (≈₦650,000/sqm) 1,192sqm corner piece, Itedo Estate off Freedom Way, Ikate --- ₦500,000,000 + ₦40M premium (≈₦419,463/sqm) 3,512sqm, Gbangbala St, Ikate, Governor's Consent, sand-filled --- ≈₦650,000/sqm (₦2,282,800,000) 10,000sqm, Alma Beach Estate, oceanfront, outright sale --- ₦700,000,000 (≈₦70,000/sqm) This listing: 1,200sqm, Alma Beach Estate, Ikate --- ₦1,500,000,000 (≈₦1,250,000/sqm) Posted: 31 August 2026 Listed by: Smilebay Realties Limited --- Ref: #364-931-7
Meadow Hall Axis, Ikate, Lekki, Lagos
Smilebay Realties Limited
Premium
1
₦1,500,000,000
Residential land joint venture
1,200SQM of Premium Residential Land
A land measuring 1,200Sqm located at Alma Beach Estate Ikate, Lekki, Lagos State. Value: #1.5 Billion. Proposal: a minimum of 16 flats Sharing: TBD. Title: Certificate of Occupancy (C of O) Premium: 10% of the Value (Negotiable). Facilitator's fees: 10% of the Value Location: Alma Beach Estate Ikate, Lekki, Lagos State Note: For more enquiries and inspection about the Outright Sale or Joint Venture kindly contact or WhatsApp. Contact 09169725780
Alma Beach Estate, Ikate, Lekki, Lagos
1200 sqm
Danna Properties
Premium
₦1,500,000,000
Residential land joint venture
1,200SQM Residential Land
Outright sale / joint venture (Semi Direct Instruction) a land measuring 1,200Sqm located at Alma Beach Estate Ikate, Lekki, Lagos State. Value: #1.5 Billion (Asking Price) Proposal: a minimum of 16 flats Sharing: TBD. Title: Certificate of Occupancy (C of O) Premium: 10% of the Value (Negotiable). Facilitator's fees: 10% of the Value Location: Alma Beach Estate Ikate, Lekki, Lagos State Note: For more enquiries and inspection about the Outright Sale or Joint Venture kindly contact or WhatsApp.
Alma Beach Estate, Ikate, Lekki, Lagos
1200 sqm
Healthy Living Topnotch Properties
ADVERTISEMENT750 × 120
Featured
9
₦270,000/day
Flat / apartment short let
Luxury 3 Bedroom Terrace
Beautiful 3 bedroom terrace available for booking @ Alma beach estate ikate beside Konga Features; 24/7 electricity Inverter inclusive with 72 hours back up time All room with TV Secured estate Cleaning service Dstv Housekeeping Super fast WiFi Netflix Fully Equipped Kitchen Air Conditioning Fridge freezer Crockery & cutlery Pressing Iron Fresh bed linen & towels self compound * washing machine price: 270,000 Caution - 50,000
Ikate, Lekki, Lagos
3 beds
3 baths
3 toilets
3 Parking
Geo-Options Realty LTD
Featured
9
₦180,000/day
Terraced duplex short let
Luxury 2 Bedrooms Terrace
Beautiful 2 bedroom terrace available for booking @ alma beach estate ikate beside konga Features; 24/7 electricity inverter inclusive with 72 hours back up time all room with tv secured estate cleaning service dstv housekeeping super fast wifi netflix fully equipped kitchen air conditioning fridge freezer crockery & cutlery pressing iron fresh bed linen & towels self compound * washing machine Price: 180,000 Caution - 50,000
Ikate, Lekki, Lagos
2 beds
2 baths
2 toilets
2 Parking
Geo-Options Realty LTD
₦1,500,000,000
Residential land joint venture
Bare Land of Approximately 1,200SQM for Block of Luxury Apartment
Joint venture - Alma Beach Estate Bare Land of approximately 1,200sqm located at Alma Beach Estate, Ikate, Lekki value: N1.5Bn proposal: Block of Luxury Apartments minimum of 16 units sharing: TBD facilitator's fees: 10% of Property Value (MLan)
Alma Beach Estate, Ikate, Lekki, Lagos
1200 sqm
Leaders Properties Limited
₦1,500,000,000
Land joint venture
Land on 1200 SQM
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 : C of O premium : 10% of the Value. Facilitator's fees : 10% of the Value
Alma Beach Estate, Ikate, Lekki, Lagos
1200 sqm
Heavensent Properties
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There are 8 available flats, houses, land and commercial property in Alma Beach Estate, Ikate, Lekki, Lagos. You can view and filter the list of property by price, furnishing and recency.
Prices for flats, houses, land and commercial property in Alma Beach Estate, Ikate, Lekki, Lagos range from ₦180,000 to ₦1,500,000,000.
