Property Type: Mixed-Use Land / Joint Venture
Land Size: 50,000sqm (5 hectares)
Location: Katampe Extension, Abuja – Heart of the Town
Property Use: Residential Development / Mixed-Use
Title: FCDA Right of Occupancy (R of O) – Ready for Development
Documents: Certificate of Occupancy, Deed of Assignment (Handy)
Sharing Formula: 60:40 in favor of the developer
Premium: Non-negotiable
Payment Terms: Flexible – payable in 3 installments
Contact / WhatsApp: 08034139285
Overview
A rare joint venture opportunity has just become available in Katampe Extension, Abuja. This is a distress sale property, offering 50,000sqm (5 hectares) of prime land in a highly sought-after residential location. The property can be developed for residential estates, luxury apartments, or a mixed-use project, making it a lucrative venture for experienced developers and investors.
With a flexible payment plan in three installments, and the option for joint venture partnership, this land presents both accessibility and profitability. The sharing formula is 60/40 in favor of the developer, ensuring a fair and attractive deal for parties with proven capacity and experience.
Key Features
- Land Size: 50,000sqm (5 hectares) – ideal for large-scale residential or mixed-use projects
- Location: Katampe Extension – central, well-connected, and highly accessible
- Title: FCDA Right of Occupancy (R of O) – secure and ready for development
- Property Use: Residential development, mixed-use, or gated estates
- Sharing Formula: 60:40 in favor of the developer
- Premium: Non-negotiable
- Payment Terms: Flexible – can be paid in 3 installments
- Required Documents for JV: Letter of Intent (LOI), company profile, and JV proposal
Investment Highlights
- Prime Location: Katampe Extension is in the heart of Abuja, offering excellent connectivity to key districts and major roads.
- Distress Sale Opportunity: The property is priced competitively to allow for a quick sale or partnership, providing a unique chance to acquire large land in a high-demand area.
- Flexible JV Options: Developers can propose residential estates, luxury apartments, or mixed-use buildings, with a 60:40 sharing formula.
- Secure Title: The land comes with a FCDA Right of Occupancy (R of O), making ownership and development legally secure.
- Payment Flexibility: Investors can take advantage of a three-installment payment plan, easing upfront capital requirements.
Joint Venture Details
This opportunity is ideal for serious developers with proven track records in residential or mixed-use construction. The land allows for large-scale projects, offering high returns on investment in one of Abuja’s most strategic areas.
Requirements to Conclude JV:
- Letter of Intent (LOI): Expressing your interest in the project
- Company Profile: Evidence of previous projects and financial capability
- JV Proposal: Detailed plan for the proposed development
- Premium: Non-negotiable, as stated in the terms
- Sharing: 60% to the developer, 40% to the landowner
- Facilitation Fee: Applicable if using intermediaries
Why Invest in Katampe Extension
- High Growth Area: Katampe Extension is rapidly developing with increasing demand for residential and commercial properties.
- Strategic Accessibility: Well-connected to major roads and amenities in Abuja.
- Flexibility: Land can accommodate residential estates, luxury apartments, or mixed-use development.
- Attractive Returns: JV structure ensures a fair share of profits, with minimal upfront costs.
Pricing & Contact
- Land Size: 50,000sqm (5 hectares)
- Land Value: Contact for pricing and JV discussion
- Payment Plan: Available in 3 installments
- Location: Katampe Extension, Abuja
- Title: FCDA Right of Occupancy (R of O)
- Sharing Formula: 60:40 for JV
- Premium: Non-negotiable
- Contact / WhatsApp: 08034139285
This Katampe Extension JV land is a rare and lucrative opportunity for developers looking to expand their portfolio in Abuja. Serious developers with financial capability and a solid track record are encouraged to reach out immediately to secure this prime property.
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