This 10-room property has a Supermarket, Boutique, Salon, state-of-the-art Digital Photo Studio, restaurant, spa, swimming pool, 50-seater luxury cinema and a Jazz Bar on a stylishly designed Roof Garden
A furnished room, when let at only N10,000 per night, can yield you a yearly passive income of up to N3.5m (three and a half million naira) at full capacity. For those in the diaspora, this means an investment of only £1000 per year could gross you just over £7000 per year, where guests pay only £20 per night!
A typical unfurnished 12m2 room or shop can be pre-purchased from only N1m (£2200) on a 2-year lease. While a room, furnished to hotel standard, can be purchased from N2m, on a 4-year lease. Or owned on a 16 year lease, for only N8m.
The Lessor will assist the investor in sub-letting their furnished rooms when unoccupied. For this, the investor will typically receive a derivation of between 20% (4-year lease) and 40% (16-year lease) of the net income from such letting, i.e. after operational costs such as administrative fees, service charges and maintenance costs have been deducted.
for 16 year lease
The investor understands that all the above figures are for illustration purposes only and there are no guarantees of monetary returns on their investment, especially where the property is not let.
The Lessor however grants the Lessee access to the property during the period of lease as to allow the investor occupy the room as a holiday home.
ON THE REDCARPET
The property is being constructed in the developing Lekki Free Trade Zone (LFTZ) area of Ibeju-Lekki in Lagos, Nigeria, close to the Dangote Refinery. Other landmarks in this area include La Campagne Tropicana, Pan African University, Lekki Beach Golf Course, Awolowo Institute, Lekki Seaport and the proposed Lekki International Airport.