JOINT VENTURE IN EKO ATLANTIC CITY VICTORIA ISLAND

JOINT VENTURE (JV) In Eko Atlantic City, Victoria Island*

Location: Close to Eko Pearls Towers, Eko Atlantic City, Victoria Island, Lagos

Land Size: 2,245 sqms dryland

Land Value: US$2,500 per sqm

Title: Global CofO and Registered Deed of Assignment (All Statutory Fees Paid)

Proposal: Highrise block of luxury apartments (Owner has a design)

Sharing Formula: 60/40

Facilitator’s Fee: 10% of land value

Premium: NIL

*PROCEDURE:*

– Letter of Intent

– Company’s Profile

– Proof of Funds

– Past Projects Details

– An official letter, agreeing to 10% Broker Fee

This is about 34 floors in total. 4 floors for parking and other facilities, and 30 floors habitable. It comprises of 2, 3, 4 bedrooms and penthouse and total of 85 apartments with adequate and recommended car parks.