Key details

Type

Residential Land

Title

Certificate of Occupancy

Address

Copper road,ikoyi Lagos

Property Use

Residential

Square meters

2,443 sqm

Type of Purchase

Outright Price

2443sqm Joint Venture Land for Sale, Ikoyi Highlights

• Prime Ikoyi Location — Ikoyi is a highly sought-after district in Lagos, known for its upscale residential areas, commercial hubs, and proximity to key city amenities. Properties here often benefit from excellent infrastructure and a prestigious address.
• Generous Land Size — A substantial plot of land offers significant flexibility for development. This size is suitable for constructing multiple units, a large single-family home, or other residential projects.
• Residential Zoning — This land is designated for residential use, making it ideal for building homes. Zoning regulations typically dictate the type and density of construction allowed.
• Certificate of Occupancy — A Certificate of Occupancy (C of O) is a crucial legal document that confirms the right of occupancy and ownership of land. It is a key requirement for property transactions and development in Nigeria.
• Outright Purchase Option — An outright purchase means the buyer pays the full price for the property at once. This simplifies the transaction process and provides clear ownership without ongoing payment obligations.

Description

• 2443 sqm of prime residential land in Ikoyi, Lagos, ideal for joint venture development. • Proposed development: 10-floor apartment/flat complex. • Sharing agreement: 50/50 split between landowner and developer. • Title: Certificate of Occupancy (C of O). • Land value: NGN 4,000,000 per sqm. • Premium: Nil. • Agency fee: 10% of total transaction value. • Location: Copper Road, Ikoyi, Lagos.

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