Listing title:
prime 20,000 sqm land ---
ikoyi crescent, ikoyi ---
title: c of o
₦3,500,000 per sqm (₦70.0b)
overview:
rare opportunity to acquire a large, contiguous 20,000 sqm land parcel on ikoyi crescent --- one of lagos island's most prestigious corridors. offered with a certificate of occupancy (c of o), this prime holding is suitable for high‑end residential estates, luxury multi‑unit developments, embassy/corporate compounds, hospitality or mixed‑use masterplans. scarcity of comparable large parcels in ikoyi makes this a strategic acquisition for institutional investors, developers and high‑net‑worth buyers seeking a trophy asset with strong capital appreciation potential.
key details
- property type: vacant land (large contiguous parcel)
- size: 20,000 sqm
- location: ikoyi crescent, ikoyi, lagos
- title: certificate of occupancy (c of o)
- asking price: ₦3,500,000 per sqm
- indicative total asking price: ₦70,000,000,000 (₦70.0 billion)
- photos, survey plan and title documents: available to verified/serious buyers on request
location & strategic advantages
- prestigious ikoyi crescent address --- proximate to bourdillon, probyn road, major diplomatic residences and high‑value residential enclaves
- excellent connectivity to victoria island, commercial hubs and key arterial roads
- premium neighbourhood known for privacy, security and low land availability --- strong scarcity value
- attractive to buyers seeking large, single‑ownership parcels for landmark developments
potential uses & development opportunities
- ultra‑luxury private estate / gated community of mansions or villas
- high‑end residential condominium or serviced apartments
- embassy or diplomatic compound / corporate headquarters
- boutique hotel or exclusive hospitality offering (subject to approvals)
- master‑planned mixed‑use redevelopment combining residential, leisure and commercial components
- parceling for phased sales or jv development (seller to confirm minimum parcel size and parceling terms)
title, documents & transfer
- title: certificate of occupancy (c of o) --- originals available for verification to serious buyers
- seller can provide survey plan, c of o copy and other supporting documents on request
- buyer to undertake legal/title verification prior to payment/exchange
due diligence & technical considerations
prospective buyers should commission the following prior to commitment:
- title verification and chain of ownership review (inspect original c of o)
- on‑site boundary verification and confirmation against survey plan
- zoning and planning checks with lagos state planning authorities (permitted uses, setbacks, far)
- geotechnical and flood risk assessments (recommended for development planning)
- utility and infrastructure availability checks (access, power, water, drainage)
- environmental and any neighbourhood/estate approvals where applicable
price, terms & additional costs
- asking price: ₦3,500,000 per sqm
- indicative total for 20,000 sqm: ₦70,000,000,000
- price subject to negotiation based on payment terms, due diligence outcome and buyer qualification
- buyer responsible for customary acquisition costs (legal fees, stamp duty, transfer fees, agency fees) unless otherwise agreed
viewing & next steps
- site inspections and document review available by appointment for serious/qualified buyers
- photo gallery, survey plan and title copies provided to verified purchasers on request
- virtual/video tour can be arranged for remote investors
- recommended next steps: request documents, schedule a site visit, instruct legal/title search and commission technical surveys
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*
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