Introduction
A rare No-Premium Joint Venture (JV) opportunity is now available in the fast-developing Idu / Mbora / CITEC axis of Abuja. This offer is tailored for serious developers and institutional investors seeking to execute a profitable residential or mixed-use project without the burden of upfront land acquisition costs.
With a generous land size, strategic location, and secure title, this JV presents an excellent platform for high-yield real estate development in the Federal Capital Territory.
Property Overview
- Transaction Type: Joint Venture (JV)
- Premium: Nil (No Premium Payable)
- Land Size: 2 Hectares
- Location: Idu / Mbora / CITEC Axis, FCT – Abuja
- Title: Right of Occupancy (R of O)
- Sharing Formula: To Be Determined (TBD)
- Facilitators’ Fee:10% (Non-Negotiable)
- Payable upon signing of JV agreement
Strategic Location Advantage – Idu / Mbora / CITEC Axis
The Idu–Mbora–CITEC corridor is one of Abuja’s most promising growth zones due to:
- Proximity to Idu Industrial Area
- Easy access to CITEC Estate, Jabi, Gwarinpa, and the Airport Road
- Ongoing infrastructure development
- Rising residential and commercial demand
- Strong rental and resale potential
This axis is increasingly favored by developers targeting affordable to mid-market residential projects and scalable estates.
Development Potential
With 2 hectares of land, developers have flexibility to execute various projects, including:
- Residential estates
- Blocks of apartments
- Terraces and maisonettes
- Mixed-use developments
- Staff housing or serviced apartments
The No-Premium JV structure allows developers to allocate capital primarily to construction, approvals, and marketing—enhancing return on investment.
Joint Venture Structure Highlights
- Land Owner: Contributes land
- Developer: Handles funding, approvals, construction, and delivery
- Profit / Unit Sharing: To be mutually agreed (TBD)
- Risk & Reward: Shared equitably between parties
This structure promotes transparency, alignment of interests, and long-term partnership success.
Why This JV Is Highly Attractive
- No premium payment required
- Secure title (R of O)
- Large land size in a growth corridor
- Strong demand for housing in the area
- Reduced entry cost for developers
- Flexible sharing structure
- Suitable for phased development
Facilitators’ Terms
To ensure professionalism and commitment:
- Facilitators’ fee is 10%
- Non-negotiable
- Payable upon signing of the JV agreement
Ideal Partners
This JV opportunity is suitable for:
- Real estate developers
- Construction firms
- Investment groups
- Cooperative societies
- Institutional investors
- Diaspora-backed development companies
Conclusion
This No-Premium Joint Venture in Idu / Mbora / CITEC offers a strategic entry into one of Abuja’s fastest-growing real estate corridors. With a solid title, flexible JV structure, and zero premium, it provides a rare chance to develop at scale while optimizing capital efficiency.
Serious and credible developers are encouraged to engage promptly.
📞 Enquiries & Engagement
Contact / WhatsApp: 08034139285
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