*Size:* 4,947.766sqm
vacant land in a residential area of Banana Island, Ikoyi, Lagos.
VALUE:- #4m/sqm
TITLE:- C of O.
PROPOSAL:- Flats/Maisonettes and Penthouses on 6 floors
FACILITATOR'S FEE:- 10% of total land value.
Premium = Nil
Proposal with Animations available on request.
Sharing= 50:50
Our intention is to develop the landed property, to design, build and finance the 18 Luxurious
dwelling types of
3 bedrooms apartments(6 units),
5 bedroom penthouses,(6 units),
5 bedroom maisonettes (6 units).
We are proposing that proceeds from the sale of the 2 blocks on 5 suspended floors will be shared 50:50
*Projected Revenue:*
? $6m/pent, (600sqm each)..
$4m/maisonette (400sqm each) and
$2m/aparments (200sqm each)
? 30% discount for off-plan sales.
*PROCEDURE*
A. BEFORE INSPECTION:
- Letter of Intent
- Letter of facilitators fee
- CompanyAAAaEURsAAaEURzAs Profile
NB: Now no premium again. USD$2m premium is off now.
B. AFTER INSPECTION:
- ?Detail preliminary proposals
- Proof of Funds
- Past Projects Details
- JV Agreement
- Payment of Facilitators fee
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