Property Type: Residential Land / Joint Venture
Land Size: 2,700 sqm
Location: Asokoro Main, Abuja
Property Use: Luxury Residential Development
Title: Certificate of Occupancy (C of O)
Land Value: ₦3,500,000,000
Sharing Formula: 50/50 Joint Venture
Premium: Refundable, To Be Determined (TBD), payable in two instalments
Broker’s Fee: 10% upon signing
Contact / WhatsApp: 08034139285
Overview
An exceptional joint venture opportunity has emerged in the heart of Asokoro Main, one of Abuja’s most prestigious and high-demand residential areas. The property spans 2,700 square metres of prime residential land and comes with a valid Certificate of Occupancy, ensuring secure and verifiable ownership.
This opportunity is perfect for developers and investors looking to build luxury homes, townhouses, or a gated residential estate in a location that commands both prestige and strong investment returns.
The land is valued at ₦3.5 billion, with a 50/50 sharing formula under a joint venture structure. A refundable premium (TBD) may apply, payable in two manageable instalments, while the broker’s fee is 10% upon signing. The landowner has pre-prepared a Joint Venture Agreement, which will be shared exclusively with serious developers who meet the required criteria.
Key Features
- Land Size: 2,700 sqm – ample space for multiple luxury residential units or a boutique gated estate
- Location: Asokoro Main – central, prestigious, and highly sought-after residential area in Abuja
- Title: Certificate of Occupancy (C of O) – secure and verifiable ownership
- Utilities Available: Ready for connection to electricity, water, gas, and domestic sewage systems
- Proposed Joint Venture: 50/50 sharing formula between developer and landowner
- Premium: Refundable, To Be Determined, payable in two instalments
- Broker’s Fee: 10% upon signing the JV agreement
Investment Highlights
- Prestigious Location: Asokoro Main is one of Abuja’s most exclusive neighborhoods, offering proximity to government offices, embassies, top schools, and commercial hubs.
- High Potential Returns: With the prime location and luxury development potential, the project promises long-term capital appreciation and strong rental yields.
- Secure Ownership: The land comes with a Certificate of Occupancy, providing investors with confidence in the legitimacy and security of their investment.
- Flexible JV Structure: The 50/50 joint venture sharing formula minimizes upfront costs for developers while giving majority equity benefits.
- Professional Facilitation: The 10% broker’s fee ensures smooth negotiation, documentation, and project closure.
Ideal Development Options
This Asokoro Main plot is perfectly suited for:
- Luxury Residential Villas or Townhouses
- Gated Residential Estate
- Boutique Condominiums
- High-End Short-Let Apartments
The property offers flexibility for developers to maximize the land’s potential and create a prestigious, high-value development.
Joint Venture Procedure
For serious developers interested in this prime Asokoro Main opportunity, the process is simple and secure:
- Submit a Letter of Interest (LOI): Expressing your intention to partner on the project
- Property Inspection: Conduct a thorough site visit to verify the land and assess development potential
- Meeting with Landowner: Discuss project scope, sharing formula, premium, and timeline
- Execution of Joint Venture Agreement: Once terms are agreed upon, formalize the partnership with all legal documentation
- Commence Development: Begin construction in alignment with agreed project plans
LOI Address:
The Land Owner
Asokoro Main, Abuja
Through: Abenego Engineering Nig Ltd
Pricing & Contact
- Land Size: 2,700 sqm
- Land Value: ₦3,500,000,000
- Joint Venture Sharing Formula: 50/50
- Premium: Refundable TBD, payable in two instalments
- Broker’s Fee: 10%
- Contact / WhatsApp: 08034139285
This Asokoro Main residential JV opportunity is a rare chance for serious developers to secure a prime piece of land in one of Abuja’s most prestigious and high-demand neighborhoods. With flexible joint venture terms, secure title, and a prime location, this investment promises high long-term returns and an exclusive development opportunity.
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