There are 13 land for sale and rent in Marwa as of 16 Sep 2026, with an average price of ₦3.5B. 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.
1–13 of 13 properties
Mixed-use land for sale
Fully fenced Prime Mixed-Use Land Measuring 2,313sqm Location: Situated along the Lekki-Epe Expressway at Marwa Bus Stop Price: N4.3b Title: C of O
Mixed-use land for sale
Prime 2560.29 SQM Fenced Land Located at Marwa, Lekki phase 1 Ideal for commercial purpose Price: 5 Billion Title: C of O
Residential land joint venture
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
Commercial land for rent
For lease Land measuring 600 sqm in a gated estate by pinnacle filling station Marwa Lekki right Lease price: 27m per annum x 5yrs
Mixed-use land for sale
For sale (PRICE REDUCTION.) Lekki. 2,560.29 square metres, with a setback of 3,000 sqmts. Location: Lekki phase 1, by Pinnacle filling station. Backing Lekki-Epe express before Marwa. Price: N3.5 billion, asking. Title: C of O. It has approval for 10 floor hotel building. All relevant documents are available. Could be shared. (buyer for half available). #vAleTiN
Mixed-use land for rent
For Lease Available Full plot for Lease within a gated estate at Marwa, Lekki Right Price: 27M per annum Long lease is acceptable
Mixed-use land for rent
For lease Land measuring 600 sqm in a gated estate by pinnacle filling station Marwa Lekki right Lease price: 27m per annum x 5yrs I'm talking to mandate Ref: jess
Mixed-use land for sale
Urgent sale description Plot of land situated at Marwa Bus-Stop opposite Lekki Phase 1, Lekki-Epe expressway, Lagos. Size: 2313 square meters title: Certificate of Occupancy price: ₦3.25bn mylink: I'm talking to semi-mandate ogos
Mixed-use land for sale
For Sale Land Size - 2300sqm (facing the Expressway Fenced Round) Location - Ikate Lekki Expressway. Price - ₦3.3 Billion Title - C of O Broker Fee - 5% Call/Whatsapp - 08025262007/07035299955
Land for sale
Parcel of land measuring 1,200 SQM with: 1 unit of 5-bedroom detached duplex, 1 unit of 3-bedroom penthouse, 2 units of 2-bedroom flats, 2 units of 1-bedroom flats, 1 unit of studio apartment. Suitable for commercial or residential use. Price: ₦2 Billion Title: Governor's Consent Compound facilities: Dedicated Transformer, Dedicated 180Kva Generator Prepaid Meter Industrial Borehole with drinkable water 33,000 litres overhead and underground water tanks. * Access-controlled estate
Land for sale
Land for Sale. SlvEngrDan It's a fenced Empty land by the express. (Lekki-Epe Express Way) at Marwa, Elf, Lekki. Total Size - 3,762 sqmtrs. (Buildable area - 2,343 sqmtrs). (Parking Area-1,419 sqmtrs). Title - C.of. O Price- N3.8B
Commercial land for sale
For sale Commercial land for sale facing express at Lekki phase 1 proper 1040sqm of dry land facing the express road at marwa lekki for sale. Price:1.6Billion Title CofO
Mixed-use land for sale
To let Land measuring 2312 sqm at Marwa, Lekki Title: C of O Land Size: 2312 sqm Price: #3 billion All documents will be made available after inspection and offer letter received.
Showing 1–13 of 13 properties
Lekki is a city located in the eastern part of Lagos. Lekki is a naturally formed peninsula, adjoining to its west Victoria Island and Ikoyi districts of Lagos, with the Atlantic Ocean to its south, Lagos Lagoon to the north, and Lekki Lagoon to its east; however, the city's southeast which ends at around the western edge of Refuge Island, adjoins the eastern part of Ibeju-Lekki LGA.
The peninsula is approximately 70 to 80km long, with an average width of 10km. Lekki currently houses several Estates, gated residential developments, agricultural farmlands, areas allocated for a Free Trade Zone, with an airport, and a sea port under construction. The proposed land use master plan for the Lekki envisages the Peninsula as a "Blue-Green Environment City", expected to accommodate well over 3.4 million residential population and an additional non-residential population of at least 1.9 million.
The average price of land in Marwa, Lekki, Lagos is ₦3,500,000,000.
The price of the most expensive land in Marwa, Lekki, Lagos is ₦5,000,000,000.
The price of the cheapest land in Marwa, Lekki, Lagos is ₦1,500,000,000.
There are 13 available land in Marwa, Lekki, Lagos. You can view and filter the list of property by price, furnishing and recency.
Prices for land in Marwa, Lekki, Lagos range from ₦27,000,000 to ₦5,000,000,000.
