Distress Land Deal: 2000sqm with C of O in Ikoyi

Distress Land Deal: 2000sqm with C of O in Ikoyi - 1
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Price Analysis Above Market

Based on 1059 similar listings

Market Demand

High Demand

Details

Type
Mixed-use Land
Title
Certificate of Occupancy
Address
Ikoyi
Listing by
Agent
Property Use
Mixed
Square meters
2,000 sqm
Type of Purchase
Outright Price

Distress Land Deal: 2000sqm with C of O in Ikoyi Highlights

  • Prime Ikoyi Location: Ikoyi is a highly sought-after district known for its upscale residential and commercial developments. It offers excellent connectivity and proximity to key business hubs and amenities.
  • Generous 2000 SQM Plot: A substantial land size of 2000 square meters provides ample space for various development possibilities. This allows for flexible design and construction of residential or commercial projects.
  • Mixed-Use Development Potential: This land is zoned for mixed-use, meaning it can accommodate both residential and commercial purposes. This versatility is ideal for creating integrated living and working spaces.
  • Certificate of Occupancy (C of O): A Certificate of Occupancy signifies that the land has legally recognized title and is approved for development. This ensures a clear and secure ownership status for the buyer.
  • Outright Purchase Option: The availability of an outright purchase means you can acquire the land in a single transaction. This offers a straightforward and definitive ownership transfer process.

Description

• 2,000sqm parcel of land located in Ikoyi, within 2nd Avenue Estate (formerly Abacha Estate). • Suitable for luxury apartment development, exclusive residential mini-estate, ultra-luxury private residence, or corporate residence, subject to planning approval. • Situated in an established residential environment offering excellent development flexibility and scarcity value. • Strong potential for long-term capital appreciation. • Title: Lagos State Certificate of Occupancy (C of O). • Price: NGN 4,400,000,000 (Non-negotiable).

Compare

Distress Land Deal: 2000sqm with C of O in IkoyiThis item
Distress Land Deal: 2000sqm with C of O in Ikoyi
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TypeMixed-use LandResidential LandResidential Land
TitleCertificate of OccupancyCertificate of OccupancyCertificate of Occupancy
AddressIkoyiAlong Emmanuel Ogalla road, Katampeaguleri
Listing byAgent——
Property UseMixedResidentialResidential
Square meters2,000 sqm5,200 sqm50 sqm
Type of PurchaseOutright PriceOutright PriceOutright Price
Price₦ 4,400,000,000₦ 3,500,000,000₦ 4,000,000,000