Friday 28 October 2016

MAKE 100% PROFIT ON INVESTMENT (THIS IS BETTER THAN MMM)



That the Mavrodi Mondial Movement (MMM) rave has taken over the heart of people of all ages and economic strata is no longer news. Guess what? I have news for you that is even better than MMM. I hear you say, "Can it be possible?" I tell you Yes!
There is a genuine, virtually risk-free investment outfit right here with us today that is sustainable, secures your financial future, bridges the gap between the rich and poor (only if the middle class of society will heed this clarion call) and is invincible to economic recession. And I'll like to show it to you. Just take your time, clear your mind and follow me as I make a shew of this opportunity.

It is all about real estate investment in Ibeju-Lekki, Lagos. I have heard people say the place is too far or yet undeveloped, but that is what distinguishes the rich from the poor: their thinking mentalities in their abilities to see opportunity beyond a seeming obstacle, or not to see it, are different. Owners of properties in VGC or Lekki Phase 1 will affirm what I am saying.

There are several reasons why you need to invest in that axis that is about 25% of the total land mass of Lagos State. You just MUST not miss it. Come to think of it; Lagos State Government (LASG)'s plan is to transform Ibeju-Lekki into the Business Hub of the African continent. This is the best opportunity for you to own a piece of the earth there while you can still comfortably afford it. Experts will tell you the presence, or not, of landmarks in an area determine property value there. Now imagine an area with a cluster of global landmarks like no other location in the country, such as: the new Lekki International Airport, the new Lekki Deep Seaport, the Lekki Free Trade Zone, Dangote Refinery, Dangote Estate, the biggest tourist Beach Resort in West Africa (La Campagne Tropicana), exquisite golf courses, 4th Mainland Bridge, Lagos Business School (LBS), The proposed Lekki Smart City project (a partnership with MoU already signed between Lagos State and Dubai Holdings company), proposed Catholic University, several well-structured and gated estates, and many more landmarks coming up. I guess you are seeing the picture already. Another attractive thing is some companies are offering free land promos. CLICK for example.

Case study: VIP Gardens Estate (offered by Pertinence Ltd)
Location: Along the Lekki Free Trade Zone, by La Campagne Tropicana Beach Resort

  • Before May 31st, 2016, VIP Gardens was sold for N1.2m per plot.
  • By July 1st, 2016, VIP Gardens was sold for 1.5 million Naira.
  • Early August, 2016, VIP Gardens sold for N1.8m (@promo price).
  • Now, October, 2016, VIP Gardens is selling for N2.4m (@ ongoing promo price).
  • By November 31st, current promo ends and the land will sell for N3.5m (outright payment)!

That will make it close to 200% appreciation in 6 months. In 5 years', we should be talking of over 2,000% increment. Wow!!! Even the Nigerian Mavro can not grow at that rate, as we can only hope it would not have crashed by then.

Similarly, N1.5m has recently been added to majority of all the estates in the Ibeju-Lekki Free Trade Zone axis, as indicated in sample fliers below (compare prices of same estates between August ending - in the left flier, and early September - in the flier on the right).
It is on this premise that we have severally recorded that Mr A buys a plot of land today and on the morrow, the selling company reviews their estate land prices so that some have gone up by as much as 50%. It is that simple! Nobody questions Mr A when he wants to sell his plot back the next day with 50% interest. He is simply a smart investor who listens as the industry speaks. Mr A can also be you. Lands appreciate steadily in the location simply because it is factual knowledge that it is prime right from when LASG started promoting and developing it. And take this shocker also that it will not be very long before some of the Ibeju-Lekki locations, especially the Free Trade Zone area, fully develop (just some two-and-half years', when Dangote Refinery becomes fully operational). I can only hope you're seeing the picture well enough by now. So do not be left out. INVEST NOW...THANK ME LATER.

At KORP Properties, we bring you priceless real estate information as we help you look into the picture ahead. We have lands all around Ibeju-Lekki and environs as we partner with different trustworthy real estate companies. I guarantee you can afford to invest there with the payment plans in place designed to accommodate every class of people in the society. We will be glad to guide you on available options. To contact us for enquiries, to see available options, or for inspection, please click and fill the form HERE
You can also quickly call 08183567878.

If you like this information and will love to see more of it, kindly comment in the space provided below. Then go ahead and share with your friends and loved ones.

Monday 17 October 2016

REMEMBER YOU TOO CAN RENT-TO-OWN YOUR HOME


WHAT IS RENT TO OWN?

Rent – To – Own is the new policy introduced by the administration of Governor Akinwunmi Ambode to make housing more readily available to the teaming population of Lagos State. This policy is to ensure that more people that wouldn’t have been home owners are accommodated. It is a system whereby prospective home owners make a  5% down payment, take possession and pay up the remaining balance as rent towards the ownership of the property over a period of 10years.

The policy is aimed at bridging the gap of Lagos State Housing deficit of about 2.55 million in the next 10years and sensitizes the citizenry to own a home with 5% of the value as equity.

ELIGIBILITY CRITERIA

1.       Applicant must be primarily resident in Lagos State and will be required to submit a copy of their Lagos State Residents Registration Card.

2.       Applicant must be a First Time Buyer

3.       Applicant must be 21 years Old and  above.

4.       Only tax compliant will be eligible under the Lagos State Rent To Own policy and must provide the proof of tax payment.

5.       Applicant must be able to make the 5% commitment fee payment.

6.       Applicant must pass the Affordability Test and not more than, 33% Of the monthly income as repayment.



APPLICATION AND SUBMISSION:

1.       Pick up the Application form at the following locations: Lagos State Mortgage Board (LagosHOMS) Office; LBIC Building, Ground Floor, Plot 1, Assbifi  Road, CBD, Alausa, Ikeja, Lagos), or  Ministry of Housing, OR Download the form online.

2.       Make payment of N10,000 at the specified bank. Complete the application form in accordance with the instructions.

3.       Submit application form with the payment receipt and copies of all necessary supporting documents in person at Lagos State Mortgage Board (LagosHOMS) Office; LBIC Building, Ground Floor, Plot 1, Assbifi Road, CBD, Alausa, Ikeja, Lagos) OR submit online!

Meanwhile, there are other options for you in emerging axis of Ibeju-Lekki, Lagos, that you must not miss. Just click HERE

Sunday 16 October 2016

2016 ECONOMIC REAL ESTATE OUTLOOK IN NIGERIA

Before you continue, you may decide to see the offerings HERE

Renowned accounting and auditing firm,
Pricewater-houseCoopers , is usually not known for getting its economic predictions wrong, though with slight variations in some instances usually caused by unforeseen fluctuations in micro and macro economic policies.

And so, when the firm made its report public that the country’s real estate
industry would be valued at $13.65 billion this year, compared to the $9.16bn in 2014, accounting for 7.6 per cent of the country’s Gross Domestic Product , (GDP ), it obviously sent investors and realtors leaping for joy.

Now, in spite of the sharp downturn in the economy, especially with the naira’s free fall against international currencies, including the fast declining international crude oil price, stakeholders and experts in the real estate industry are still of the opinion that the sector will remain buoyant and full of activities this year.

But there is a caveat to this: realtors and investors have to be very discerning in their choice, or areas of investment because the sector will respond to both negative and positive economic indices.

Director, Real Estate Advisory, North Court Real Estate, Tayo Odunsi, agreed that the outlook for the real estate market this year will be largely dependent on the overall performance of the economy as the demand, supply and price of space is contingent on the well-being of occupiers, developers and investors.

Similarly, the Senior Manager, Real Estate Finance, Stanbic IBTC, Mr. Tola Akinhanmi, at a real estate conference, brought to the fore the need to take purposeful decision in real estate investment this year. For instance, he said there has been growing interest and focus on investment grade assets within the retail and office segments of the sector, in spite of an increased government interventions and support for the housing sector, such as the World Bank-led housing initiatives, establishment of the Nigerian Mortgage Refinancing Company (NMRC) and relative mortgage accessibility through pension reforms.

A report by North Court Real Estate, titled:
Nigeria real estate market outlook 2016, further corroborates Akinhanmi’s submission. According to the report, the office development segment will experience massive boom, with over 150, 000 square metres of lettable space currently being developed for delivery over the next six months to two years. Of this figure, Lagos, the report says, remains in the front runner in this development, accounting for over 25,000 sqm to be delivered. And while Eko Atlantic City gradually takes shape, Ikoyi area would be the prime office destination; Abuja and other second tier cities will follow.

Investigations by The Nation revealed that high grade office spaces expected to be completed and drive this projection include but not limited to The Wings, a 27, 000m2-luxury office space being developed by RMB Westport and Oando Plc; Lake Point Towers; Madina Tower; and the 26,000m2 World Trade Centre (WTC) in Abuja. Others are the African Capital Alliance’s 6,670m2 “Alliance Place” in Lagos, being developed at a cost of N165 million, and the 15, 734m2 Heritage Place being developed by Actis.

“The development pipeline has never been so robust; the office development pipeline is very rich. Never has the nation enjoyed such influx of investment office space available for take-up by third parties as against owner-occupation, which was the norm in the past. The invasion may drive prices down moderately; we also postulate that occupiers may surrender leases in older buildings in preference for new builds, which may be willing to offer competitive prices,” the report said. This postulations may not be incorrect given that some developments, such as the Civic Towers and Landmark Tower, delivered in 2015, though had fairly rapid occupation, they nonetheless where rented at rates less than originally desired due to the economic crunch.

But Akinhanmi explained that in spite of the economic downturn, there was still a strong market in Nigeria’s real estate. This, he observed, accounted for the sector’s emergence as the sixth largest in the country, accounting for 8.4 per cent of the total Gross Domestic Product in 2014, and further growing by 18.78 per cent in the second quarter of 2015.

“The real estate sector has in the past five to seven years witnessed increased foreign and domestic investment; entry of foreign developers, investors and service firms; increased joint venture arrangements between local sponsors and financial as well as strategic partners; and development expansion into secondary places, such as Delta, Owerri, Abeokuta, Enugu, Ibadan and Kano, among others,” he said.

Yet, other stakeholders are of the opinion that the residential sub-sector will always have its own demand requiring that the supply gap needs to be covered. Boye Ajayi, a consultant, explained that in spite of the economic situation, this sector would still be a high flyer because shelter ranks highly in man’s hierarchy of needs.

Therefore, Ajayi argues, man’s first priority is to get shelter over his head. He, however, said the sector may not experience high brow residential apartments making waves, but there will still be activities in the sector.

Indeed, experts said going by the events in the beginning of the year, tougher times loom, yet opportunities for success the subsector still abound. They, therefore, advise that smart real estate ideas, including innovation in designs, local content for production, and construction approach; creative funding; and disciplined focus, should be paramount to any investor in the sub sector this year.

Furthermore, with a seemingly gloomy future for the economy, Ajayi urged that engaging in any development requires more than ever before, proper analysis, adding that Nigerians and investors seek experts’ opinion before committing resources to any investment this year.

In case you would like to contact us or see our offerings, click HERE

Credits: schoolofestate.com

Saturday 15 October 2016

LAGOS STATE GOVERNMENT INVITES YOU TO INVEST IN THE FREE TRADE ZONE


LAGOS STATE GOVERNMENT INVITES YOU TO INVEST IN THE FREE TRADE ZONE

 It is hard to see anyone who passes or lives as a tenant in either Victoria Garden City (VGC) or Lekki Phase 1, and would not wish or dream to own a piece of it, even if it is a half plot, in the highly serene estates. It is probably everyone’s dream; to at least own a property there. But the truth that makes some people gnash their teeth is that Lekki Phase 1 was once swampy area known as Maroko. Lands were offered at the rate of N400,000 then, as at 1994, and some people who did not have good foresight could see nothing in the future other than the swampy obstacle. Well, if you get a plot for N100,000,000 in VGC and Lekki today, I advise you embrace it, as it is a good offer.

Can you now imagine the foresighted ones that got acres of land then at that rate of N400,000 per plot in Maroko? They must surely be swimming in the pool of wealth!
If you were offered the opportunity to invest in Lekki (Maroko), and you missed it, a brighter opportunity is even here. I hope you will not miss it for you may not forgive yourself. Come to think of the fact that Lekki Phase 1 and VGC are not in the midst of any special landmarks or projects that influentially make surrounding property value appreciate already. The estates are just well-structured with good layouts and facilities that meet standard requirements. Ibeju-lekki is, by way of comparison, exceed them in terms of opportunities.


As a global business haven, it is undoubtable that several landowners in Ibeju-lekki may eventually sell part, or all of their lands, to Developers, Banks, Hospitals, Schools, Filling Stations and many other business ventures. Why? Lagos is moving to Ibeju-Lekki. She started from Ikeja, then Festac, then Surulere. Later on, it was Magodo. VGC itself is becoming old, and even Lekki. Right now, the new Lagos is Ibeju-lekki. So, if you own a property where a financial institution would love to be situated, then be ready to be offered a blank cheque and fill it yourself. If where Mobil gas station would love to be situated is where you have your property which you acquired at the rate of N800,000 per plot, then be ready to be visited by top businessmen to talk real money into your ears and smile to the bank.

You know what? You can’t afford to tarry any longer before you make a move that matters to your family’s future. Ask those that missed Lekki then. They would tell you. Do not make the mistake to wait to invest in real estate. But rather, invest in real estate and wait. Those who key in right now are those who make hay while the sun shines.

KORP Properties brings you up-to-date information of vast opportunities for investment in real estate in Ibeju-lekki with easy approach at affordably convenient payment plans, even up to 2 years. Before you know it, you own your properties in the vicinity of Dangote’s largest single-train refinery in the world, Deep Sea Port, Pan Atlantic University, Fourth Mainland Bridge, several beach resorts, etc; and you know what that means – a pool of unimaginably endless opportunities!
To help in bringing your dream closer to reality, call 08183567878 for more information or click HERE