Property Type: Residential Land / Joint Venture
Land Size: 1 hectare (10,000 sqm) – part of a larger 34-hectare estate
Location: Palm Springs, Maitama, Abuja
Title: FCDA Certificate of Occupancy (C of O)
Land Value: ₦7 Billion
Joint Venture Sharing: 50% Developer / 50% Landowner
Premium: None
Contact / WhatsApp: 08034139285
Overview
A premium joint venture opportunity is now available at Palm Springs, Maitama, one of Abuja’s most prestigious residential estates. This offering covers 1 hectare of residential land, fully allocated for development, with existing terraces built to shell level and approved building designs ready for immediate construction.
This is a high-value residential development project designed for serious developers and investors seeking an exclusive, secure, and high-return venture in a prime Abuja location. The property is secured with a Federal Capital Development Authority Certificate of Occupancy (FCDA C of O), ensuring legal and verifiable ownership.
Key Features
- Land Size: 1 hectare (10,000 sqm) allocated from a total of 34 hectares
- Location: Palm Springs, Maitama – a top-tier estate with high market demand
- Title: FCDA Certificate of Occupancy – secure and fully verifiable
- Existing Development: Terraces already constructed to shell level, allowing for fast-tracked project completion
- Building Approval: All designs are approved, enabling immediate commencement
- Utilities Available: Electricity, water, gas, rainwater drainage, domestic sewage, and car parking potential
- Joint Venture Terms: 50% Developer / 50% Landowner
- Premium: Nil – no upfront payment required
- Facilitator / Brokerage Fee: Standard terms apply
Investment Highlights
- Prime Location: Maitama is known for high-end residential projects, strong property appreciation, and proximity to government offices, embassies, and commercial hubs.
- Turnkey Development: With terraces already built to shell level and approved designs available, developers can commence construction immediately, saving time and cost.
- Secure Legal Title: Ownership is guaranteed through an FCDA C of O, offering peace of mind for high-value investors.
- Flexible Joint Venture Structure: Developers can participate in a 50:50 JV, minimizing upfront capital risk while retaining significant profit potential.
- Physical Inspection Required: The property is not pinned on Google Maps, ensuring exclusivity. Interested developers will perform site inspections with the owner’s team, emphasizing transparency and accountability.
Development Opportunities
This Palm Springs JV plot is ideal for:
- Luxury Terraces / Townhouses
- Boutique Residential Estate
- High-End Short-Let Apartments
- Mixed Residential Development Projects
With approved building plans and existing shell structures, the land offers immediate revenue generation opportunities once development begins.
Requirements for Developers
To participate in this JV opportunity, interested developers must:
- Provide Proof of Funds: Capability to finance projects valued at ₦3–5 billion
- Submit Letter of Interest (LOI): Include your company profile and past projects
- Attend Site Inspection: Conduct a physical inspection of the property along with the owner’s team
- Joint Venture Agreement: Sign a formal JV agreement upon approval
- Proposal Submission: Share development plans for review before project commencement
LOI Address:
The Landowner
Palm Springs, Maitama, Abuja
Through: Abenego Engineering Nig Ltd
Pricing & Contact
- Allocated Land Size: 1 hectare (10,000 sqm)
- Land Value: ₦7,000,000,000
- Joint Venture Terms: 50% Developer / 50% Landowner
- Premium: Nil
- Facilitator Fee: 10%
- Contact / WhatsApp: 08034139285
This is a rare opportunity to participate in a high-end residential development in Maitama, Abuja. With existing structures, approved building designs, and a prime location, this JV offers excellent returns and is suitable for serious developers with proven track records.
Act fast – only serious developers with financial capability and a strong portfolio will be considered for this exclusive JV opportunity.
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