Cocovilla Phase 1
Cocovest Estates
Cocovest is Nigeria's first structured coconut plantation platform giving individuals, cooperatives, and institutions the opportunity to own agricultural plots, enjoy long-term farm revenues, and be part of a thriving green economy.
Cocovilla Phase 1
Gberefu Island, Badagry
Cocovilla is more than just land - it's a legacy asset designed to grow in value, generate long-term farm revenue, and align with Nigeria's push for agro-industrial development.
Whether you're investing for financial growth, generational wealth, or portfolio diversification, Cocovilla offers a real, tangible pathway to achieving it.
Background & Location
Coconut farming has deep roots in Lagos, especially around Badagry's coastline. It is rich in sandy-loam soil and high underground water tables that provides an ideal ecological zone for coconut cultivation and agrotourism.
Known for its trade and coconut exports, Badagry stands as both a historical site (Transatlantic Slave Trade) and a naturally rich landmass ideal for coconut farming due to its fertile soil, access to both fresh and saltwater, and year-round tropical climate.
Gberefu Island's sandy-loam soil is well-drained and rich in organic matter - ideal for coconut farming. The soil:
- Prevents waterlogging (a major risk for coconuts)
- Is naturally aerated
- Responds well to organic composting
Soil pH Range: 5.5 - 7.5 (within the acceptable range for coconuts).
Gberefu's coastal climate and soil conditions make it one of the most suitable regions in Nigeria for coconut farming.
Estate Features
Cocovilla has been designed to support efficient plantation management and long-term agricultural productivity.
Key features include:
- Structured plantation layout
- Irrigation support systems
- Internal access roads
- Plantation monitoring and management
- Long-term coconut cultivation planning
Each plantation plot contains 40 hybrid coconut trees, carefully spaced to support optimal growth and yield.
Ownership Terms & Management Policies
- Deed of Agreement + Survey provided
- No concrete/metal fencing allowed; natural materials only
- Annual service charge applies
- Plot is strictly for agricultural use
- Next-of-kin and inheritance rights honored
- Managed by Verdant Isle Limited
Harvest Strategy
Our estates use best-in-class agronomy, ensuring consistent yields and long-term sustainability.
Harvest Plan
- Fruiting: Begins from Year 3
- Harvesting: Begins from Year 4
- Frequency: Harvested triannually (3x per year)
- Yield Estimate: 60 nuts (estimated) per tree x 40 trees = 2,400 nuts (7,200 nuts annually)
ROI Projection (Per Plot)
As at December 2025, a sack of 60 coconuts was sold locally for N45,000.
120 sacks = N5,400,000
- Less Estate Maintenance (~N200,000/year)
- Net Profit: about N5,200,000 annually per plot
| Year | Activity | Estimated Annual Yield | Cost | Gross Revenue |
|---|---|---|---|---|
| 1 | Land prep, planting & irrigation | 0 nuts | N3,000,000 | N0 |
| 2-4 | Maintenance & growth | 0 nuts | N200,000/year | -N600,000 |
| 4 | First harvest | ~ 7,200 nuts | N200,000 | N5,200,000 |
| 6+ | Full production | Yield growth (5-10%) | TBD | N7,200,000+ |
Note:
- Verdant Isle Ltd manages planting, cultivation, and harvest.
- Investors can opt for:
- Raw nut sales (Verdant Isle sells and remits profit to investors)
- Self-Harvest (investor manages own yields/logistics)
- Returns can be remitted triannually or annually
- Projected income figures above are estimates based on current agricultural data and market conditions and do not constitute guaranteed financial returns.
- Land costs are not fixed and will vary across all our estates due to valuations, amenities, and market conditions.
Cocovest combines land ownership with an income-generating tree crop, making it one of the most attractive long-term investment models in Nigeria's real asset space.