Residential land joint venture
Palm City- Captains Court, Lekki, Lagos
Joint venture - 100% closable in 3 days flat
size:1,296 sqm at
location: lekki palm city, ajah
premium: nil
facilitation: 10% land value
sharing formula: 50:50
title: governor's consent) -
quick snapshot
- opportunity: joint venture --- landowner seeking developer partner
- size: 1,296 sqm
- location: lekki palm city, ajah --- prime, fast‑growing estate with strong developer activity and high‑quality residential build‑up
- title: governor's consent (clean and transferable)
- valuation: ₦400,000,000
- proposed development: 4 x fully detached luxury residences
- equity split: 50/50 (landowner : developer)
- facilitator's fee: 10% (payable on successful close)
- closing: 100% closable --- target completion of jv execution and mobilization within 3 days
why this deal is irresistible
- rapid close: all documentation is ready for immediate review and execution --- this jv can be legally agreed and mobilized in as little as 72 hours, enabling developers to start value creation almost immediately
- strong, clean title: governor's consent provides credible, market‑accepted security for lenders and partners --- minimal title risk and quick transfer/registration processes.
- prime estate dynamics: lekki palm city is experiencing a visible, high‑quality build‑up --- developers are erecting superb detached properties and estate amenities, creating strong demand, premium pricing, and excellent resale/rental prospects.
- compact, high‑value parcel: 1,296 sqm is ideal for four luxury detached homes --- efficient site use, high per‑unit value, and strong margins in the ajah/lekki corridor.
- true jv upside: 50/50 equity split means the developer retains substantial returns while the landowner maintains long‑term upside; attractive for both build‑to‑sell and build‑to‑let strategies.
suggested quick jv structure (designed for 3‑day close)
- day 1 --- submit loi, proof of funding of financial capability, engage facilitators letter bound by imfpa
- day 2 --- land inspection by developer then to the site office to sit face to face with landowner. legal documentation due diligence check by developer finalize & sign jv agreement and development timelines; agree on cost recovery mechanics and profit distribution; confirm mobilization plan with landowner
- day 3 --- execution & mobilization: exchange original title documents i, developer mobilizes procurement and site set‑up; facilitator fee (10%) payable on successful completion of transaction as agreed.
financial snapshot (indicative)
- land value: ₦400m
- units: 4 detached residences --- high‑end positioning expected to command premium prices per unit in lekki palm city
- attractive per‑unit land cost and strong margin potential when combined with quality execution and premium positioning
value drivers
- immediate execution capability --- close now, build now.
- governor's consent reduces gating issues with regulators and financiers.
- high‑demand location with ongoing estate uplift and neighboring quality builds.
- flexible development model --- build‑to‑sell or build‑to‑let depending on developer strategy.
what we need from the developer
- proof of finance or funding plan
- track record / company profile and relevant project references
- agreement to 50/50 jv terms and facilitator fee structure
- readiness to mobilize within days of signing
next steps --- how to close in 3 days
1. confirm interest and provide developer credentials.
2. schedule same‑day site visit and document review.
3. sign heads of terms and place agreed escrow/deposit.
4. execute jv agreement and exchange necessary documents.
facilitator
- facilitator's fee: 10% payable on successful closure of the jv.
contact
reply now or send your preferred contact details to receive full documentation, arrange an immediate site inspection, and lock in a 3‑day closing schedule. this opportunity is ready --- closable in a matter of days.
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₦400,000,000
The Build Centre Properties
09028190510