Joint Venture Residential Land in Lagos

Beautiful jv in victoria island lagos size: 2500.sqm title: lagos state certificate of occupancy proposal: apartments, high rise base on approvals sharing formula: tbd premium: non facilitator fee: 10% (negotiable ) call nechelon property now: +2347069024...

*jv alert: ikonyi goldmine park view estate 4,829 sqm c of o in hand !!!* *this is not your regular ikoyi land*. *location:* park view estate, ikoyi -- one of lagos' most exclusive addresses *size:* 4,829.953 sqm with existing structure *title:* clean c of o *land value*: ₦10billion *entry premium*: ₦500m only *deal:* open proposal. sharing formula negotiable *why it moves fast:* - prime location = instant value appreciation - big land size = flexibility for luxury apartments, villas, or mixed-use - owner is ready to partner with the right developer *developer brings:* solid track record + killer proposal + funding capacity *owner brings:* the land + clean title *if you're not ready to move, don't waste your time. serious developers only.* *lock this down now*: whatsapp: 08037278894, 08022404...

Joint venture : 850sqm land @ osborne phase 2. land value: 2m/ sqm. n1.7b proposal: 1.10nos 3brm flats with ground floor parking. 2. 6 nos terrace duplexes sharing formula: 50/50 facilitators fee: ...

*joint_venture* 1200 sqm of land inside maiyegun beach estate jakonde lekki 8 minutes drive to eko atlantic city ️ value : n1.5b title : governor consent premium: nil sharing. : 50/50 facilitators fee : 10% project type : apartment( maisonette or flat) awd...

Joint venture development opportunity -- adeleke adedoyin, off kofo abayomi road, ikoyi, lagos 2,600 sqm land certificate title land value: ₦2.5m per sqm (≈₦6.5 billion total) premium: ₦300m (slightly negotiable) facilitator's fee: 10% --- property & jv overview - location: adeleke adedoyin, off kofo abayomi road, ikoyi, lagos. a prime residential/commercial street in the heart of ikoyi, close to major business hubs. - land size: 2,600 sqm. - title: land certificate -- a recognized title requiring verification and potential upgrade to governor's consent for full bankability. - land value: ₦2,500,000 per sqm. - total land value: ₦6,500,000,000 (≈ ₦6.5 billion). - premium: ₦300,000,000 (slightly negotiable), payable upon jv contract signing. - proposed development: luxury flats with a total of 38 units across 2 blocks: - owner's block (17 units): 8 units of 2‑bedrooms, 8 units of 3‑bedrooms, 1 penthouse. - developer's block (21 units): developer's preference (flexible unit mix). - jv sharing formula: to be negotiated (likely based on land contribution vs. development cost). - facilitator's fee: 10% of land value (≈ ₦650 million), payable upon jv agreement. - owner's special request: one of the owners requires 2 units of the 2‑bedroom flats to be converted into a maisonette on the 1st & 2nd floors for his personal use. --- key highlights - prime ikoyi address: adeleke adedoyin, off kofo abayomi, is a prestigious, low‑density residential area in the heart of ikoyi -- close to victoria island, falomo, and major commercial districts. - large development scale: 2,600 sqm allows for a substantial luxury apartment complex with significant unit count (38 total) -- maximizing returns. - clear unit allocation: the owner has a defined allocation (17 units), while the developer has full flexibility on the remaining 21 units -- a balanced partnership structure. - premium payment: ₦300m upfront at contract signing -- filters for serious, well‑capitalized developers. - high demand location: ikoyi luxury apartments consistently attract high‑net‑worth individuals, expatriates, and corporate tenants -- ensuring strong sales and rental potential. --- ️ proposed development -- 38 luxury units block units breakdown owner's block 17 8 x 2‑bed, 8 x 3‑bed, 1 penthouse developer's block 21 developer's preference (flexible mix) special request -- 2 units of 2‑bed converted to maisonette (1st & 2nd floor) for owner total: 38 luxury units (apartments + maisonette + penthouse). key features: high‑spec finishes, parking, gym, pool, backup power, water treatment, and 24/7 security. --- location benefits -- adeleke adedoyin, ikoyi - prestige address: off kofo abayomi -- one of ikoyi's most desirable streets, surrounded by luxury homes, embassies, and corporate offices. - excellent connectivity: minutes from victoria island, falomo bridge, and lagos island. - secure environment: low crime, well‑lit roads, and a mature, established neighbourhood. - high demand: properties in this area consistently achieve premium rents and capital appreciation. --- financial structure - land contribution value: ₦6.5 billion. - premium (upfront): ₦300 million (slightly negotiable) -- payable to landowner upon jv contract signing. - developer's role: provide 100% of construction financing, bank guarantee, project management, and sales/letting. - profit sharing: to be negotiated -- typically based on the ratio of land value to total development cost. - facilitator's fee: 10% of land value (≈ ₦650 million), typically paid from the landowner's share upon jv execution. --- ️ critical note -- land certificate title - a land certificate is a recognised title but is weaker than a c of o or governor's consent. - implication: the buyer/developer will need to conduct thorough due diligence to: - confirm authenticity at the lagos state lands bureau. - understand the lease terms and remaining tenure. - plan for potential upgrade to governor's consent (cost and timeline). - this should be factored into the jv negotiation and financial modelling. --- next steps for interested developers interested developers must submit: 1. letter of intent (loi) -- confirming interest and acceptance of the premium and proposed unit allocation. 2. company profile -- with verifiable evidence of luxury apartment projects completed in ikoyi, victoria island, or banana island. 3. proof of funds -- bank statements or financing letters showing capacity for a project of this scale (estimated construction cost ₦10b--₦18b+). 4. bank guarantee -- ability to provide a performance guarantee as required. 5. preliminary concept note -- initial design and timeline aligned with the proposed 38‑unit luxury development, including the maisonette conversion. due diligence: - upon signing an nda and facilitator fee agreement, the facilitator will provide the land certificate, survey, and arrange a site inspection. ideal partner profile: - a reputable real estate development firm with a proven track record in luxury multi‑unit residential projects in prime lagos locations. - strong financial capacity and ability to fund construction without sole reliance on off‑plan sales. --- adeleke adedoyin, ikoyi -- 2,600 sqm, 38 luxury units, ₦300m premium, 10% facilitator fee. serious developers with capacity and track record on...

Exclusive joint venture opportunity -- prime land on banana island, ikoyi, lagos 1,500.23 sqm land value: ₦5m per sqm proposed: luxury high-rise development 50:50 sharing facilitator's fee: 10% --- property & jv overview - location: banana island estate, ikoyi, lagos -- africa's most exclusive residential enclave. - land size: 1,500.23 sqm. - title: to be verified (c of o / governor's consent expected for banana island). - land value: ₦5,000,000 per sqm. - total land value: banana island estate, ikoyi, lagos (≈ ₦7.5 billion). - premium: to be discussed (payable upon jv contract signing). - proposed development: luxury high-rise with the following configuration: - 1st & 2nd floors: car park. - 3rd, 4th & 5th floors: block of luxury apartments. - 6th & 7th floors: 4 units of 4‑bedroom maisonettes. - 8th floor: 2 units of penthouse. - jv sharing formula: 50:50 (landowner : developer). - facilitator's fee: 10% of land value (≈ ₦750 million), payable upon jv agreement. --- key highlights - banana island address -- ultimate prestige: the most sought‑after residential address in nigeria -- home to billionaires, diplomats, and top executives. unparalleled security, underground utilities, and waterfront living. - prime land value: at ₦5m per sqm, this reflects the scarcity and premium of titled land on banana island -- a sound investment with strong appreciation potential. - clear development proposal: a defined 8‑floor luxury scheme with parking, apartments, maisonettes, and penthouses -- providing a ready‑made vision for developers. - 50:50 equal partnership: transparent and balanced sharing structure aligns the interests of landowner and developer. - global market appeal: properties on banana island attract international buyers and investors -- ensuring strong sales and rental demand. --- ️ proposed development -- 8 floors of luxury living floor(s) use details 1st & 2nd car park multi‑level parking for residents and guests. 3rd, 4th & 5th luxury apartments block of high‑spec flats (unit mix to be finalised). 6th & 7th maisonettes 4 units of 4‑bedroom duplex apartments. 8th penthouses 2 units of ultra‑luxury penthouses with private terraces. additional options: the developer may propose alternative configurations (e.g., more floors, mixed‑use, branded residences) -- subject to landowner approval and planning consent. target market: ultra‑high‑net‑worth individuals, corporate executives, expatriates, and luxury investors. --- location benefits -- banana island, ikoyi - unmatched prestige & security: 24/7 estate security, underground utilities, paved roads, and waterfront views. - proximity to business hubs: minutes from ikoyi, victoria island, and eko atlantic. - high demand, low supply: new developments on banana island are exceptionally rare -- ensuring strong pre‑sales and rental interest. - world‑class infrastructure: reliable power, water, drainage, and estate management. --- financial structure - land contribution value: ₦7.5 billion. - premium: to be discussed (payable upon jv contract signing). - developer's role: provide 100% of construction financing, bank guarantee, project management, and sales/letting. - profit sharing: 50% landowner / 50% developer -- after recovery of agreed development costs. - facilitator's fee: 10% of land value (≈ ₦750 million), typically paid from the landowner's share upon jv execution. --- transaction requirements for interested developers this opportunity is strictly for capable, credible, and competent developers. proof of capacity is required. interested developers must submit: 1. letter of intent (loi) -- confirming interest and acceptance of the 50:50 sharing structure. 2. company profile -- with verifiable evidence of luxury high‑rise projects (8+ floors) completed on banana island, ikoyi, or victoria island. 3. proof of funds -- bank statements or financing letters showing capacity for a project of this scale (estimated construction cost ₦10b--₦20b+). 4. bank guarantee -- ability to provide a performance guarantee as required. 5. preliminary concept note -- initial design and timeline aligned with the proposed 8‑floor development or alternative vision. due diligence: - upon signing an nda and facilitator fee agreement, the facilitator will provide title documents, survey, and arrange a site inspection. ideal partner profile: - a top‑tier real estate development firm with a proven track record in ultra‑luxury high‑rises on banana island or ikoyi. - strong financial capacity and access to construction finance. - experience with high‑end residential developments targeting the global luxury market. --- banana island jv -- 50:50, 1,500 sqm, ₦5m/sqm, luxury high‑rise. a landmark opportunity for developers with proven capacity and vision. strictly for serious, qualified developers -- direct engagement on...

Joint venture opportunity_ prime development land -- didelolu estate, victoria island, lagos_* _*project overview*_ a rare opportunity to partner on a high-value development in the heart of victoria island. this 4,950 sqm landholding within the secure didelolu estate is positioned for a premium luxury apartment project targeting high-net-worth buyers and expatriates. _*key details*_ - _*land size*:_ 4,950 sqm - _*land value*:_ ₦2,000,000 per sqm - _*total land value*:_ ₦9,900,000,000 - _*title:* verifiable lagos state title - _*location advantage:* didelolu estate, victoria island -- central to business, diplomatic missions, 5-star hotels, and waterfront amenities. - _*development proposal*:_ luxury apartments -- design to be agreed with jv partner. _*jv structure*_ - _*sharing formula*:_ to be determined, based on developer's proposal and equity contribution. - _*premium*:_ ₦100,000,000 payable to landowner. - _*agency fee:* 10% _*engagement procedure*_ 1. submissio...

Joint venture land available 2 acres of land for joint venture in okeira proposal : block of flats. title: c of o value: ...

️joint venture (jv)️ sure closable jv owner is available now to close immediately. location: victoria island, off ahmadu bello way by eko atlantic city lagos. tittle: c of o land size: 1,658 sqm land value: to be discussed premium: n300m naira only proposal: highrise development, it can be a mixture of 3 bed and 2 bed or 1 bed. sharing formular: 60:40 (developer 60, owner 40) facilitators fee: 8% owner request: 1.owner want only 3 bedroom units for himself,the developer can have both 2 bed or 3 bed to himself. 2.there must be a penthouse. owner want 1 or 2 units of penthouse to himself. kindly send us a private message now on 08090876...

*exclusive jv deal g-estate, lekki phase 1 (right)* *build 6 units on 1,986 sqm of prime land* secure a 50/50 joint venture on one of lekki phase 1's most strategic parcels. this 1,986 sqm plot in g-estate is prime for 6 units of high-end semi-detached or terrace homes, with strong rental and resale demand. *why this land:* - *size:* 1,986 sqm with clean rectangular layout for efficient building - *location:* g-estate, lekki phase 1 right - fully developed, high-end residential zone - *title:* c of o for smooth, secure development - *land value:* ₦2.5 billion at current market rate *jv structure:* - *sharing:* straight 50/50 split between landowner and developer - *project plan:* 6 units of semi-detached or terrace homes - *facilitator's fee:* 10% payable at deal closure this is a rare chance to develop in lekki phase 1 without upfront land cost. fast-moving location, serious buyers on...

4800sqm of land available for 98units of 1 bedroom, 2 bedroom and 3 bedroom massionnete owneros...

*land for jv* size: 1006sqm land value: n900m location: lekki foreshore estate (lekki phase one) sharing formula: 55:45 facilitators fee: 10% title: c of o proposal: block of fl...

* mega joint venture ocean shoreline residence - lekki phase 1 rhs oceanfront direct developers only* *50/50 split piling done approvals secured no time wasters* *location:* lekki phase 1 right hand side -- one of the last oceanfront blocks left *land size:* *2.63 hectares = 26,300 sqm* of premium waterfront land ️ *concept:* 3 towers, 10 floors each -- ocean shore residence *land value:* *₦20 billion* *agency fee:* 10% *strict jv terms:* - *direct developer only:* no brokers, no middlemen, no marketers. principal developer only. - *50/50 sharing formula:* land for equity. clean 50/50 split of units and proceeds. - *no time wasters:* do not reach out without capital and a delivery team. *developer must have:* proven track record delivering high-rise luxury in ikoyi, banana island, victoria island, or lekki. past project portfolio and references required. *why this closes now:* - *de-risked:* piling fully completed by a top nigerian firm. building approvals secured. - *plug-and-play:* capital goes straight into vertical construction. zero land prep delay. - *end-of-line asset:* lekki phase 1 rhs oceanfront is finished. this is generational inventory. *the plan:* - *type a tower:* 44 apartments -- 3x3bed, 4x4bed, 1x5bed, 2 penthouse floors - *type b towers x2:* 192 apartments per tower -- mix of studio, 1bed, 2bed, 3bed - *facilities:* gym, pool, tennis court, play area, bbq pavilions, security, parking owner is on ground and ready to close immediately with a qualified direct develop...

Well filled and table land of 1000 sqm with good title and strategically positioned for prime project development. a ready financier is required to bankroll the construction of 18 units of blocks of flat on 4 floors comprising of: 1. 15 units of premium 2 bedrooms flat 2. 3 units of premium 3 bedrooms flat 3. general swimming pool 4. coordinated packing lots 5. safeguard children playground it's also opened for the financier to propose project. premium: 300m which will be removed from owners share. inspection and discussion with owner from interested financier. facilitator's fee: 10% net video of the land is available on request. title: governor's cons...

Strategically located along banana island road by onikoyi estate title lagos cfo no premium 10 floors 50/50 let's talk only if you have direct developer or you are the developer ball...

1000sqm for joint venture location victoria island value n2.5m per sqm proposal block apartment for enquiries please contact ifeoma on 811 7340 933 08090876...

Joint venture opportunity -- ademola street south west, off awolowo road, ikoyi, lagos 1,323 sqm governor's consent title land value: ₦2.5m per sqm proposed: 10 floors (blocks of flats) sharing: 55/45 premium: ₦200m facilitator's fee: 10% (net) --- property & jv overview - location: ademola street south west, off awolowo road, ikoyi, lagos. a prime, quiet residential street in one of ikoyi's most prestigious neighbourhoods. - land size: 1,323 sqm. - title: governor's consent -- strong, state‑granted title ensuring legal security and bankability. - land value: ₦2,500,000 per sqm. - total land value: ₦3,307,500,000 (≈ ₦3.31 billion). - proposed development: 10 floors of residential flats (blocks of flats). - jv sharing formula: 55% landowner / 45% developer. - premium: ₦200,000,000 (payable immediately upon jv contract signing). - facilitator's fee: 10% (net) of land value (≈ ₦330.75 million), payable upon jv agreement. --- key highlights - prime ikoyi address: ademola street, off awolowo road, is a highly sought‑after residential enclave -- quiet, secure, and minutes from falomo, vi, and major business hubs. - strong governor's consent title: provides confidence for financing, partnerships, and future resale. - 10‑floor development potential: optimises land value in a low‑density area where high‑rise approvals are valuable. - clear 55/45 sharing ratio: favours the landowner, reflecting the prime location and existing approvals. - upfront premium: ₦200m payable at signing -- filters for serious, well‑capitalised developers. - net facilitator fee: 10% net implies no deduction for taxes or other costs -- the landowner bears the fee. --- ️ development potential - a 10‑storey residential block of flats -- likely comprising 2‑ and 3‑bedroom luxury apartments. - estimated unit count: 20--30 flats (depending on design, floor plates, and setbacks). - typical amenities: ground floor lobby, parking, gym, swimming pool, backup power, water treatment, and 24/7 security. - target market: professionals, expatriates, and families seeking upscale rental or ownership in ikoyi. --- location benefits -- ademola street, ikoyi - off awolowo road: one of ikoyi's main arteries, providing excellent connectivity. - proximity to key areas: close to ikoyi club, parkview estate, victoria island, and lagos island. - secure environment: low crime, well‑lit roads, and a prestigious community. - high demand: developments in this area consistently achieve premium rents and capital appreciation. --- financial structure - land contribution value: ₦3.3075 billion. - premium (upfront): ₦200 million -- payable to landowner immediately upon jv contract signing. - developer's role: provide 100% of construction financing, bank guarantee (likely), project management, and sales/letting. - profit sharing: 55% landowner / 45% developer -- after recovery of agreed development costs. - facilitator's fee: 10% net of land value (≈ ₦330.75 million), typically paid from the landowner's share upon jv execution. --- next steps for qualified developers interested developers must submit: 1. letter of intent (loi) -- confirming acceptance of the 55/45 sharing ratio and premium payment. 2. company profile -- with verifiable evidence of luxury high‑rise (10+ floors) projects in ikoyi, vi, or banana island. 3. proof of funds -- bank statements or financing letters showing capacity for a project of this scale (estimated construction cost ₦8b--₦15b+). 4. bank guarantee -- ability to provide a performance guarantee as required. 5. preliminary concept note -- initial design and timeline aligned with a 10‑floor block of flats. due diligence: - upon signing an nda and facilitator fee agreement, the facilitator will provide the governor's consent document, survey, and arrange a site inspection. ideal partner profile: - a reputable real estate development firm with a proven track record in multi‑storey residential projects in prime lagos locations. - strong financial capacity and ability to fund construction without sole reliance on off‑plan sales. ademola street, ikoyi -- 55/45 jv, 10 floors, governor's consent, ₦200m premium. serious developers only with proof of funds and luxury track reco...

Joint venture opportunity -- lekki foreshore estate, lekki phase 1, lagos 2,000 sqm c of o title land value: ₦1.8 billion premium: ₦80 million proposed: block of flats 50:50 sharing --- property & jv overview - location: lekki foreshore estate, lekki phase 1, lagos. - land size: 2,000 sqm. - title: certificate of occupancy (c of o). - land value: ₦1,800,000,000 (≈ ₦900,000 per sqm). - premium fee: ₦80,000,000 (payable immediately upon jv contract signing). - proposed development: block of flats (multi-storey residential). - jv sharing formula: 50:50 (landowner : developer). - construction period: 2 years. --- key highlights - prime lekki foreshore address: located within one of lekki phase 1's most prestigious gated estates -- known for security, good roads, and proximity to orange island and the lagoon. - strong c of o title: full government‑issued certificate of occupancy ensures legal security and bankability. - clear jv terms: the landowner has set non‑negotiable terms -- premium payment, bank guarantee, 50:50 split, and a 2‑year construction timeline. this clarity allows serious developers to evaluate quickly. - immediate premium payment: ₦80 million due at contract signing -- a sign of commitment and a filter for qualified partners. - optimal scale: 2,000 sqm is ideal for a medium‑density block of flats, offering strong returns without excessive complexity. --- ️ development potential - a modern block of flats -- likely 3‑4 storeys with a mix of 2‑ and 3‑bedroom units. - estimated unit count: 20--30 flats (depending on design and estate density regulations). - ground floor parking, lobby, backup power, water treatment, and security features. - target market: professionals, families, and investors seeking quality rentals or purchases in lekki phase 1. --- location benefits -- lekki foreshore estate - secure & serene: 24/7 estate security, paved roads, drainage, and organised layout. - proximity to key areas: close to admiralty way, freedom way, orange island, and the lekki‑epe expressway. - high demand: properties in this estate consistently achieve premium rents and resale values. - lifestyle appeal: near the lagoon, upscale restaurants, and retail outlets. --- non‑negotiable terms for developers the landowner has made these terms clear -- no further discussion unless accepted: 1. premium fee: ₦80,000,000 paid immediately upon signing the jv contract. 2. bank guarantee: developer must provide a bank guarantee on funds. 3. sharing ratio: 50:50 (landowner : developer). 4. premium payment timing: at contract signing (not after completion). 5. construction period: 2 years maximum. --- financial structure - land contribution value: ₦1.8 billion. - developer's role: provide 100% of construction financing, bank guarantee, project management, and sales/letting. - profit sharing: 50% to landowner / 50% to developer, after agreed cost recovery. - premium: ₦80 million is in addition to the land value -- effectively increasing the landowner's upfront take. --- next steps for interested developers qualified developers who accept the terms should: 1. submit a letter of intent (loi) confirming acceptance of the five terms. 2. provide proof of funds and ability to issue a bank guarantee. 3. share company profile with verifiable track record of block‑of‑flats projects in lekki, vi, or ikoyi. 4. prepare for immediate negotiation and contract signing once due diligence is satisfactory. due diligence: upon expression of interest, the facilitator will arrange site inspection and title document review. ideal partner: a mid‑sized to large real estate developer with proven experience in multi‑storey residential projects, strong liquidity, and ability to provide a bank guarantee. terms are clear. land is prime. structure is 50:50. serious developers only -- no tyre‑kicke...

Joint venture development opportunity -- akin olugbade street, victoria island, lagos 2,491 sqm land value: ₦8 billion approvals & drawings in place for 9-storey luxury apartments potential for mixed-use & up to 15 floors 50:50 sharing facilitator's fee: 5% --- property & jv overview - location: akin olugbade street, victoria island, lagos. - land size: 2,491 sqm. - title: to be verified (c of o / governor's consent expected for vi). - land value: ₦8,000,000,000 (≈ ₦3.21 million per sqm). - current approvals: planning approval and architectural drawings already in place for a 9‑storey block of luxury apartments. - upside potential: site can accommodate mixed‑use development and up to 15 floors (subject to further approvals). - jv sharing formula: 50:50 (landowner : developer). - facilitator's fee: 5% of property value (₦400 million), payable upon jv agreement. --- key highlights - prime victoria island address: akin olugbade street is a well‑regarded residential/commercial street in the heart of vi, close to ahmadu bello way, eko atlantic, and major corporate offices. - approvals & drawings ready: a significant time and cost advantage -- the site already has planning permission and designs for a 9‑storey luxury apartment block. this reduces pre‑development risk and accelerates time to market. - expansion potential: the site can support up to 15 floors and mixed‑use (e.g., ground floor retail, offices, or penthouses), offering flexibility for a higher‑density, higher‑return project. - 50:50 equal partnership: a transparent, balanced jv structure that aligns the interests of both landowner and developer. - reduced facilitator fee: at 5% (compared to the typical 10%), this lowers transaction costs for both parties. --- ️ development vision the existing approvals provide a clear starting point: - current design: 9‑storey luxury apartment building -- likely comprising 2‑3 bedroom flats, penthouses, and high‑end finishes. - potential expansion: with additional approvals, the project could be scaled to: - 15 floors (residential tower). - mixed‑use (e.g., ground floor retail/office + residential above). - increased unit count and higher overall returns. target market: high‑net‑worth individuals, corporate executives, expatriates, and luxury renters/buyers in victoria island. --- location benefits -- akin olugbade street, vi - heart of victoria island: minutes from ahmadu bello way, ozumba mbadiwe, and the entrance to eko atlantic. - prestige address: surrounded by banks, embassies, luxury hotels, and corporate headquarters. - excellent infrastructure: good roads, security, power, and drainage -- a fully developed urban environment. - high demand: luxury apartments in this micro‑location consistently achieve strong occupancy and premium pricing. --- financial structure - land contribution value: ₦8 billion. - developer's role: provide 100% of construction financing, project management, and sales/letting. - profit sharing: 50% landowner / 50% developer -- after recovery of agreed development costs. - facilitator's fee: 5% of land value (₦400 million), typically paid from the landowner's share upon signing the jv agreement. --- next steps for qualified developers interested development partners should submit: 1. letter of intent (loi) -- expressing interest and outlining initial thoughts. 2. company profile -- with verifiable track record of luxury apartment or high‑rise projects in victoria island, ikoyi, or banana island. 3. proof of funds -- bank statements or financing letters demonstrating capacity to fund a project of this scale. 4. source of funds -- for due diligence and compliance. 5. preliminary concept note -- how you would leverage the existing approvals and potentially expand to 15 floors or mixed‑use. due diligence: - upon signing an nda, the facilitator will provide title documents, existing approvals, and architectural drawings for review. - site inspection can be arranged for serious parties. ideal partner profile: - a reputable real estate development firm with experience in luxury high‑rise projects on lagos island. - strong balance sheet and ability to finance construction without relying solely on off‑plan sales. approvals ready. drawings ready. 50:50 partnership. reduced facilitator fee. a streamlined jv opportunity in victoria island. serious developers with island track record only -- proof requir...

Joint venture development opportunity -- off ligali ayorinde street, victoria island, lagos 2,300 sqm fabac close proposed: 10 floors of 3-bed flats & maisonettes land value: ₦7.5 billion --- property & jv overview - location: fabac close, off ligali ayorinde street, victoria island, lagos. - land size: 2,300 sqm. - title: to be verified (c of o / governor's consent expected for vi). - land value: ₦7,500,000,000 (≈ ₦3.26m per sqm). - proposed development: 10 floors comprising 3-bedroom flats and maisonettes with luxurious finishes. - jv structure: landowner contributes land; developer provides 100% construction funding and expertise. sharing ratio to be negotiated. - facilitator's fee: 10% of land value (₦750m), payable upon jv agreement. --- key highlights - prime victoria island address: ligali ayorinde street is a prestigious, low‑density residential/commercial enclave in the heart of vi -- close to eko atlantic, banks, embassies, and five‑star hotels. - high‑rise approval potential: a 10‑floor proposition suggests favourable zoning and significant development density -- ideal for luxury living with skyline views. - luxury unit mix: 3‑bed flats and maisonettes target the high‑end market -- professionals, expatriates, and families seeking premium finishes and space. - selective developer criteria: preference for experienced island‑focused developers who can provide physical evidence of past projects on victoria island, ikoyi, or banana island. --- ️ development vision - a 10‑storey luxury residential tower (or twin block) comprising: - high‑spec 3‑bedroom flats (en‑suite, living/dining, balcony). - maisonettes (duplex units within the building) offering additional privacy and space. - ground floor lobby, parking, gym, pool, and 24/7 security. - backup power, water treatment, and premium finishes throughout. --- location benefits (ligali ayorinde / fabac close) - heart of vi: minutes from ahmadu bello way, ozumba mbadiwe, and the eko atlantic entrance. - secure & serene: a quiet close off a main street -- offers privacy while remaining central. - high demand location: luxury apartments in this micro‑location command top rental and sales values. - nearby amenities: eko hotel, landmark village, banks, restaurants, international schools, and diplomatic missions. --- financial structure - land contribution value: ₦7.5 billion. - developer's role: provide 100% of construction financing, project management, and sales/letting. - profit sharing: to be negotiated based on land value vs. total development cost. - facilitator's fee: 10% of land value (₦750m), typically due from the landowner's share upon jv execution. --- submission requirements for interested developers qualified developers must submit: 1. letter of intent (loi) -- outlining interest and high‑level approach. 2. company profile -- including track record and physical evidence of past luxury projects on victoria island, ikoyi, or banana island (addresses, photos, completion certificates). 3. proof of funds -- bank statements or facility letters showing capacity to finance a development of this scale. 4. source of funds -- documentation to satisfy anti‑money laundering and due diligence requirements. 5. preliminary concept note -- initial thoughts on design, unit mix, timeline, and jv structure. --- ️ critical notes - preference given to developers with verifiable island experience. no exceptions. - land title and ownership will be verified during due diligence after a signed nda. - facilitator is mandated -- agency fee agreement required before full disclosure. ideal partner: a reputable real estate development firm with a portfolio of luxury high‑rise projects in lagos's prime postcodes. this is a high‑value, high‑calibre jv opportunity. serious, qualified developers only -- with proof rea...