Are you looking forward to buying a 3 bedroom bungalow in Ibeju Lekki Lagos Nigeria?
If yes, don’t miss out on this amazing offer that will be officially launched on the 16th of January 2021, we are offering you a modern 3 bedroom bungalow at an affordable price. The best price you can get around this location.
Act now, before it is too late because the price is still at a pre-lunched price. After some specific unit is sold out, the price will be reviewed.
Phase 1 (peak Apartment) and 2 of this type of property we launched in September and October 2020, it took us only 2 weeks to sold all out.
The price of peak bungalow phase 2 was increased to 18 million within 6 to 10 days of launching.
This is to tell you that a good offer doesn’t last. Many who were able to subscribe to it on time have been so happy.
Currently, few clients have started packing into their homes.
This premium property has been set to cater to families, individuals, and investors with the aim of providing affordable and modern homes to all.
Property investment: The details of the property – PEAK BUNGALOW PHASE 3
The name of the estate is PEAK BUNGALOW PHASE 3 is located at Awoyaya Ibeju Lekki, off the Lekki – Ajah – Epe expressway, Lagos State, Nigeria, a few minutes’ drive from Lagos Business School, Skymoor, Blenco, ShopRite, Atican and Baracoda beach, Happyland Estate, Abraham Adesanya roundabout, etc.
Title: C of O
3 bedroom semi-detached: ₦14,000,000 (6months plan) and ₦15,000,000 (1 year plan)
3 bedroom detached with BQ: ₦18,000,000 (6 months plan) and ₦19,000,000 (12 months plan)
Initial deposit: ₦2,800,000.
- Development/infrastructure fee: ₦1,500,000
- Survey plan: ₦450,000
- Deed of Assignment: ₦150,000
Site inspection opens: 9th January 2021
Estate Launch Date: 16th January 2021
Delivery Time: 12months
This is indeed an opportunity to get your dream home with a 3 to 4 million discount. I guarantee you this is an offer you wouldn’t want to miss! Very limited units are available.
Please note: the property is promised to be delivered within 12 months. Even though we just deliver some within 4 months.
For more inquiries, to schedule a site visit, or to find out how to get a property that suits your needs and budget please contact us by calling us using the number on this website, or by using the WhatsApp button, the form and comment box below to send us a message.
Also, if you have any questions, contributions, requests, addition, or corrections please feel free to drop your comment on the comment box below.
- All room en-suite
- Ample Parking Space
- Playground for Children
- 24hrs Security
- Interlocked roads
- Sewage Treatment plant
- Water Treatment plant
- Swimming pool
Other interesting benefits of the property
- Free from any known government acquisition
- Excellent Facilities
- Prime location. Rapid appreciation expected
- Very close to Ajah
What then are you waiting for? Come let’s take you around to see it for yourself.
Why you should subscribe to this Affordable home in Ibeju Lekki Lagos
Are you an investor, family, or individual?
You may probably be asking yourself, should I subscribe to this property or should I go ahead and buy land and build on my own?
My response to this is that, if the area you intend to build is in Ibeju Lekki, it will be wise to buy this property at this price than to buy land and start constructing the building.
- The cost of one plot of land around this location that has the same title (C of O) ranges from 10 to 15 million.
- The cost of material now has been tripled unlike when a bag of cement was ₦2700, now a bag of cement is between ₦3500 to ₦4000.
- The next thing to consider is the type of foundation to be laid in that area, we all know that Lekki is a water land area so definitely you can’t just do a normal foundation that is less expensive.
- Also, the next thing to consider is the stress of doing it yourself or paying a company to do it for you.
At the end of the day, you will find out that subscribing to this 3 bedroom bungalow will be the best option for you.
The good news is that after the initial deposit of 2.8 million you can spread the balance between 6 months to 1 year depending on the option you chose.
Why should I go for a property in Ibeju Lekki?
You may be asking yourself the above question.
Ibeju Lekki is known to be one of the places in Lagos Nigeria that are currently selling very fast because of the promised development that is coming in that area.
The developments are:
- A refinery (that is, the popular Dangote refinery).
- Lekki Free Trade Zone
- 4th Mainland Bridge
- Lagos Smart City
- New Deep Seaport
- Other incredible development
With all these projects, listed above, is a strong signal that property investment in that location is a 100% profit on investment.
Housing in that area will be a lucrative business because many of the employees, business owners, and investors will definitely need a home.
Many investors are currently tripping to that area to invest in properties, businesses, and many more.
If you are someone that would want to live and associate with high-class people then Ibeju Lekki is a place you will want to invest in. Because it has a close boundary with Victoria Island and Ikoyi etc.
Property increase in this area is going to be massive once all the proposed projects start working effectively.
Currently, there is an ongoing Dangote refinery Project and massive development of roads by the government in that area.
Common Questions you may want to ask about this property (FAQ)
Question: WHERE IS PEAK BUNGALOW PHASE 3 LOCATED?
Answer: Oribanwa Ibeju Lekki Lagos Nigeria.
Question: WHO ARE THE OWNERS/ DEVELOPER OF PEAK BUNGALOW PHASE 3?
Answer: Efficacy Construction Company
Question. WHAT TYPE OF TITLE DOES PEAK BUNGALOW PHASE 3 HAVE ON THE LAND?
Answer: Certificate of Occupancy (C of O), Survey Plan, and Layout Plan.
Question. ARE THERE ANY ENCUMBRANCES ON THE LAND?
Answer: The land is free from every known government acquisition or interest and adverse claims.
Question: WHAT IS THE PAYMENT STRUCTURE? (Outright and Installment Payment plan)
Answer: Outright payment of 3 bedroom semi-detached bungalow is 14 million (pre-lunched price), while the outright payment of 3 bedrooms detached bungalow is 18 million (pre-lunched price).
The installment plans are as follows:
- For 3 bedroom semi-detached bungalow: 6 months plan remains 14 million, while 12 months plan is 15 million all with an initial deposit of 2.8 million.
- For 3 bedroom detached bungalow: 6 months plan remains 18 million, while 12 months plan is 19 million all with an initial deposit of 2.8 million.
Question: IS THE ROAD TO THE ESTATE MOTORABLE?
Answer: Yes the road to the estate is motorable.
Question: WHAT OTHER PAYMENTS DO I MAKE APART FROM THE PAYMENT FOR THE BUNGALOW?
- Deed of assignment: 150,000.
- Survey plan: 450,000.
- Development fee: 800,000
Question: CAN I PAY CASH TO YOUR AGENT?
Answer: We strongly advise that cash payments should ONLY be made to Efficacy Construction Company at its designated Banks. Otherwise, cheque(s) should be issued in favor of Efficacy Construction Company Ltd.
We shall not accept any responsibility for any liability that may arise as a result of a deviation from the above instruction.
WHAT HAPPENS IF I CAN’T COMPLETE PAYMENT ON SCHEDULE OR DEFAULT ON MY PAYMENT?
If you default, a grace period will be given and possible interest will be imposed on the outstanding balance.