
Joint Venture Partnership for Luxury Apartment Development in Ikoyi, Lagos
No 54A Bourdillon Road, Ikoyi, Lagos
0
Bedrooms0
BathroomsDescription
Opportunity for a joint venture partnership to develop high-density, high-rise luxury apartments on a 2281m2 plot in Ikoyi, Lagos. The land is valued at ₦4.5m per sqm with a Federal Government Certificate of Occupancy. The development will consist of 34 units, including 32 four-bedroom apartments and 2 five-bedroom penthouses. Architects Paradigm/Rumis will be involved, and construction firms like Elalan, Cappa & D’Alberto, and Al Mansour are preferred. The sharing formula is 60% Developer and 40% Landowner. Premium is ₦1.1B NET. Proof of funds and detailed finishing documents required.
Land Details
₦10.3B
Fee Breakdown
Rent / Price
₦10.3B
facilitators' fee
₦450.0M
Total (Move-in)
₦10.7B
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