Rhema Gardens, Isheri North
THE PLAN
·
Convenient construction which helps you manage
your funds between 6-12months and still pack into your house with free 455m2
left vacant.
- ·
You avoid increments that come via inflation on
building materials, which is usually 10-18% i.e.
N1M -N1.8M extra. We bear that cost since construction will take 6-12months. - · You can plan out your exit from your rented apartment
- · You can put the bungalow up for rent and use the rent to pay mortgage
- · You still have 455m2 size plot to either build a 5bedroom duplex and live bungalow for rent OR
- · Sell bungalow in 4years time and build the duplex with funds so you actually own a duplex with almost no extra cost to you later OR
- ·
You sell appreciated 455m2 plot in 4years time at a forecasted
rate of
N18m.While you keep collecting rent from the bungalow. It will look like you got the bungalow free. - · Estate will be fully serviced with good road network and drainages, street lights, fenced and gated with security patrol and garbage disposal system. Recreational facility will be provided
- · Main Isheri road to be properly drained with huge drainages with canal and stream dredged to take water from the road through canal and stream to ogun river.
- · You buy the land, whether for personal use or investment, you will be buying a 100% profit because our land cost is discounted by 50%
·
Meaning you can buy now sell by year end for up
to N12m (government scheme is about N10m
other estates sell for between N10m-N16m)
·
The soil is upland and well drained, hence has
never been water logged.(soil report for your perusal)
·
You will be paying for the land in the next 18months
at the N5.5m price while the property would have appreciated to
about N14m at least.
forecast based on previous years appreciation
·
Buy the land for investment profit all the way; immediate
profit=N5.5m,profit in 18months=N14m
DUPLEX
·
Off plan construction affords you to build at
your convenience between 6-12months
·
This arrangement will help you monitor the
quality and pace of building before next commitment is made.
·
This arrangement affords you the opportunity to
customize your building.
·
Instead of the prevailing N45m/5 bedroom
semi-detached duplex in the area you get the same size of building for only N29.9m helping you save N15m
·
You pay only N17.9m over a
period of between 8-12months conveniently. Depending on your plan with us.
·
Once you pay the N17.9m which is 60% of N29.9m you pack
in.
·
Balance 40% or N11.9m is spread
over 5years
interest free.
·
No bank or lending institution gives you this.
·
Assuring you are buying at prevailing N45m
and you pay 25% to the bank which is N11.25m. and bank funds 75% or N33.75k for 5years
at even 18% on the 5th year you would have paid a total of N64.125m on 5years
mortgage plus initial 25% deposit totaling N75.375m
in 5years
for same building.
·
4 Bedroom semi-detached duplex=1 room self
contained maid quarters
·
While you pay us only N29.9m on same
size and quality of building in 5years (with an opportunity to
monitor construction)you will be paying the bank N75.375m for same building
in 5years
saving N45.475m in 5years.
·
Lets build your future together, lets establish
your real estate investment at your pace and convenience
·
We can even customize design and finishes to
meet your unique taste. Lets talk.
Spring of Life Estate, Simawa/Redeem Road
1 BEDROOM FLAT (kitchen, living room, toilet, bath
&bedroom)
·
This is an investment product for smart
Nigerians
·
Live within a fenced, gated and secured estate with other infrastructures like street
lights ,roads and drainages, water, garbage disposal systems etc
·
Contribute only 40% of the cost and pack
in or let it out and start collecting rent
·
Spread 60%
balance to 10years interest free mortgage and use rent to pay mortgage
·
Convenient payment of construction contribution
of 40%
that is N1.5m in 6months-1year.pack in and start
paying N18,750k
monthly for 10years
·
We can give you your site ,photocopies of your
documents and start constructing your building if you start with as low as N375k
now
·
Anytime you complete your 40% contribution of N1.5m within 1year
you pack in
·
You can inspect and monitor construction quality
and pace
·
For investment, within the first 2years
of mortgage payment ,you will support funds from the rent to pay mortgage. Next
3years
of rent collection the rent pays the mortgage without your adding anything,
For the next 5years you keep making
profit from rent collection after paying for mortgage
·
While you are profiting from the investment the
apartment is appreciating
·
You can have as many of this units even for your
children and spouse as future investment
·
You can also start with this as a young bachelor
or spinster. As you get more comfortable you can apply for a bigger duplex or
bungalow anywhere within our estate and
we work out the difference and you move in and keep paying your monthly
interest free mortgage as before but now in a bigger apartment.
2 BEDROOM FLAT
·
This is for either investment or for young
starters
·
You live within a gated estate with infrastructures provided
·
Contribute only 40% of the total cost
which is N2.36m and pack in or rent while you pay balance 60% in
10years interest free which is just N29,500k/month
·
Your 40% or N2.36m is
conveniently spread over 6-12months without we charging you
the usual 10-18% inflation on the 6-12months delay as would be if you
were constructing the structure yourself.
·
With as low as a deposit of N590k we start
constructing your building and hand you photocopies of your documents
·
Anytime you complete your 40% of N2.36m
contribution you pack in or rent it out
·
You can inspect and monitor the construction
quality and pace.
·
If you put the apartment on rent the 4th
year while still paying for the building and apartment appreciate.
·
As you get more comfortable you can apply for a
bigger building, bungalow or duplex and we work out the difference and you move
in and keep paying monthly interest free mortgage in as much as it is our
building we sold to you.
2 BEDROOM TERRACE BUNGALOW
The benefits are
just like it is in the 2 bedroom flat except that:
1.
40% contribution for 2bedroom
terrace bungalow is N3.16m spread between 6-12months
2.
Initial deposit of N790k we hand
photocopies of documents to you and commence construction
3.
On completion of your 40% contribution you pack
in and pay N39,500k monthly for 10years
4.
You either pack in on completion or you rent it
out
5.
You can also start with this apartment but when
you get much more comfortable you can apply for any of our bigger apartments in
any estates and we work out the difference, pack in and continue your monthly payment.(forever interest free
mortgage)
3 BEDROOM TERRACE BUNGALOW
Benefits are
just like that of the 2 bedroom flat and 2 bedroom terrace bungalow except:
1.
40% contribution for 3 bedroom
terrace bungalow is N3.96m spread over 6-12months
2.
With your initial contribution of only N990k
we commence construction, show you your house and hand over photocopies of
documents
3.
On completion of your 40% contribution, you
pack in and start paying monthly contribution of N49,500/month for 10years
which gives your 60% interest free
mortgage
4.
You can either rent it out or pack in
5.
When you start with this and you get more
comfortable in the future and you want a bigger house, you apply for either our
duplex or detached bungalow in estate of choice .We work out the difference and
you can move in and keep paying your monthly interest free mortgage
SERVICED PLOTS
§
Serviced plots within Spring of Life are
discounted by 40% so that you are either saving 800k or having 800k
profit. comparing it with prevailing land value within similar estates
§
In the last 3years land has appreciated in this
area at an average of 85% per annum.
so you buy now, in 3years time the value of the land will be about N4.225m(expert
forecast)
§
Invest only N1.3m on a plot now and gain N700-N800k
immediately and up to N2.925m/plot in 3years.no
investment can give you this
§
Area already building up, around redeemed camp
and behind deeper life camp and opposite
redeemers university permanent site. You can bet that if you construct a block
of flat in the future rentals will be very high and that means fast lifetime
investment and profit for you.
§
Act now.
AGBARA (Fresh Dew Courts)
·
2 Bedroom detached bungalow same as for spring
of life, shimawa-redeemed road
·
3 Bedroom semi-detached bungalow, same as for
spring of life shimawa-redeemed road
