Land for sale
Maitama 2, Maitama District, Abuja
100 hectares --- maitama ii (for sale @ ₦200,000,000 / hectare)
- overview
- 100 hectares of titled land in the maitama ii precinct ---
one of abuja's most sought-after high-end residential/commercial corridors.
clear right of occupancy (r of o) already in place; offered for outright sale at ₦200m/ha.
- key attributes
- prime prestige address attracting corporates, diplomats and high-net-worth buyers.
- large, contiguous block (rare in maitama) enabling phased masterplan with controlled density.
- titled (r of o) -- minimal title risk and quicker transaction timeline.
- optimal uses & concept options (illustrative)
- luxury residential enclave: gated villas/estates + clubhouse, private school, boutique retail. example scheme: 200--400 villa plots (avg 1,000--2,000 sqm) + amenity strip.
- high-end mixed-use: low-rise serviced apartments, premium retail and f&b, wellness centre and concierge office suites.
- diplomatic / embassy cluster or corporate housing campus with enhanced security features.
- yield / capacity indicators (conceptual)
- a villa-residential scheme of 300 plots (avg 1,000--1,200 sqm) with supporting retail/amenities and private roads is deliverable within 3--4 phases; gdv per plot driven by luxury pricing in maitama.
- vertical mixed-use option (mid-rise) can deliver higher unit counts and faster rental income if market supports apartment product.
- demand drivers & market intelligence
- tight supply for premium villa plots in established high-end districts; limited new supply within maitama proper.
- strong end-buyer profiles (executives, diplomats, expatriates) support premium pricing and long-term capital appreciation.
- development & delivery considerations
- utilities: confirm trunk water, power, sewer connections --- typically available proximate to maitama; final connections will depend on internal estate design.
- local approvals: r of o simplifies procurement of planning approval and permits; submission of masterplan and environmental assessment expected.
- recommended phasing: 3--4 phases, beginning with show-villas and core amenities to crystallize brand and pricing.
- transaction options & pricing
- asking price: ₦200,000,000 per hectare (net of transaction costs)
total asking ≈ ₦20bn..
- ideal buyer
- luxury residential developers, private equity real estate funds, diplomatic housing investors, high-end estate brands.
- next steps
- provide proof of funds or loi receive detailed title pack, topographic survey, preliminary masterplan and cost estimates site visit negotiate sale agreeme...
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₦20,000,000,000
The Build Centre Properties
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