An exciting JV opportunity is now open in Maitama 2, one of Abuja’s fast-growing premium residential corridors. This offer is ideal for developers seeking a ready-to-build residential project with approvals already in place, reducing risk and accelerating time to market.
This property is located within a newly fenced and secured estate, making it perfect for luxury apartment development targeted at high-end buyers and renters.
📞 Contact / WhatsApp: 08034139285
Property Overview
- Location: Maitama 2, Abuja
- Plot Size: 1,400 SQM
- Purpose: Residential Development
- Land Value: To Be Determined (TBD)
- Premium: ₦20 Million
- Sharing Formula: 60% Developer / 40% Landowner
- Facilitator’s Fee: 10%
Key Development Advantage
Approved Building Design Already in Place
One of the strongest selling points of this JV is that the land already has building approval for:
- A block of 8 units of 3-bedroom apartments
This allows the developer to:
- Save time and cost on planning approvals
- Begin construction immediately
- Fast-track project delivery and ROI
Why Maitama 2?
- Maitama 2 is emerging as a top-tier residential extension of Maitama, attracting diplomats, executives, and high-net-worth tenants.
- Strong demand for 3-bedroom luxury apartments, both for sale and rent.
- Excellent access to major roads, business districts, and lifestyle amenities.
- Secure environment within a newly fenced estate, enhancing property value and buyer confidence.
Why This JV Makes Sense for Developers
1. Developer-Friendly Terms
- 60/40 sharing ratio favors the developer while maintaining balance with the landowner.
- Moderate ₦20m premium, reflecting the land’s readiness and approvals.
- Clearly defined 10% facilitator’s fee, ensuring a structured and transparent transaction.
2. Reduced Risk & Faster Execution
- Estate fencing and layout already completed
- Building approval secured
- Suitable for immediate mobilization
3. High ROI Potential
- Approved 8-unit apartment scheme allows for:
- Strong rental income
- High resale value
- Fast absorption in Maitama 2’s premium market
Who Should Apply
✔️ Serious residential developers
✔️ Developers with funding and execution capacity
✔️ Investors interested in apartment development with minimal delays
🚫 Not suitable for middlemen or speculative buyers
How to Proceed
Interested parties should prepare:
- Company Profile
- Letter of Intent (LOI) clearly stating acceptance of JV terms
Qualified developers will be granted access to:
- Site inspection
- Review of building approval documents
- Direct engagement with the landowner
Conclusion
This 1,400 SQM JV in Maitama 2 presents a rare, ready-to-build residential opportunity in a secured estate with approvals already granted. With developer-friendly terms, minimal delays, and strong market demand, this project is ideal for developers seeking efficient execution and high returns.
📞 For inspection and engagement:
Call / WhatsApp: 08034139285
Serious developers only. Early movers stand to gain the most.
Reg