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Land for sale Old Ikoyi Ikoyi Lagos
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3,500,000/sqm

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​PID: 0PBYE

Old Ikoyi Ikoyi Lagos

Last updated 2026-02-25 08:26:27.0
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Description

3,160 SQM JOINT VENTURE OPPORTUNITY IN OLD IKOYI, IKOYI, LAGOS

This premium joint venture opportunity is now available in the heart of Old Ikoyi, located on the highly sought-after neighborhood; an address synonymous with exclusivity, strong demand, and high returns.

* Development Proposal
The landowner is open and flexible, with a clear objective of maximizing return on investment (ROI). Preferred development options include:

Luxury flats/apartments
Duplexes
Terrace houses
Mixed-use residential development

This flexibility allows reputable developers to structure a project that aligns with market demand while optimizing yield.

* Facilitator’s Fee
8% (Net of Land Value)

Requirements & Procedure
Interested developers must provide:

?? Company Profile
?? Letter of Intent (LOI) / Development Proposal
?? Agency Fee Agreement
?? Proof of Funds (POF)

Upon submission of the above, a meeting with the landowner will be scheduled within 24–48 hours.

This is a serious, closeable joint venture opportunity in one of Ikoyi’s most premium corridors; ideal for experienced developers seeking scale, flexibility, and strong long-term returns.

- LAND VALUE: N3,500,000 PER SQM
- SHARING FORMULA: TBD
- PREMIUM: NIL

TITLE: Federal C of O

Image Code: CPP LD254

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Insight for Land for sale Old Ikoyi Ikoyi Lagos

Average House Price for last month

NGN 0.0

Price Change in last 6 months

NGN -1500000.00 -30.00 %

Historical Price

6 Months Ago

NGN 4.25 million
-30.00

1 year Ago

NGN 4.25 million
-30.00

2 years Ago

NGN 4.17 million
42.86