Luxury realty market leader Sujimoto Construction Limited, has disappointed its critics with the delivery of its prime property Medici Terraces Ikoyi in the first quarter of the year. A fore runner in neoclassic architecture in Lagos‘ highly competitive real estate market, disillusioning critics and competitors of the company’s ability and capacity to excel being a relatively new entrant in the sector.
Achieving an impressive stride within a few months of operation, Sujimoto Construction has not only gained recognition for deviating from the routine standard of mediocrity in the property development industry but also for inspiring new and existing developers in their approach to luxury real estate development with their ability to deliver properties that are comparable to other global counterparts.
This acclaimed debut property was sold out in record time irrespective of the country’s economic shuffles, attributed to its class of design, luxurious finish and flawless attention to detail. Intriguingly the company allocated a certain percentage of its profits to charity as part of its corporate social responsibility efforts.
A remarkable estate precedence has giving rise to a high demand for Sujimoto’s forthcoming project in Ikoyi- “Lorenzo“, anticipated in the last quarter of 2015. Inspired by the Ritz Hotel & Apartment, Lorenzo is an unveiling of world class hospitality bringing a redefinition in high value residential structures, comprising of 2, 3 & 4 bedrooms and a fascinating addition of penthouses with private swimming-pool.
A rebirth of Nigeria’s hospitality standard, for the first time showcasing a 5-star restaurant, spa and concierge services, ultra modern gym, a virtual golf course, fitness studios, private jetty for boat owners, virtual golf course and Olympic size swimming pool, deluxe stores (by appointment only), roof top lounge, concierge services. Decor and lifestyle setting is synonymous to London’s Candy and Candy.
Gone are those days where investors would suffer a lack of tenancy. Our database of companies and private clients requiring short-stay properties would guarantee any investor a solid return, investors are assured of a solid rental return on investment at a rate of 15% almost double the current market value of 8%.
Off-plan buyers of Lorenzo should expect a 60% minimum return on investment as demonstrated in Medici off plan sales to buyers who witnessed their property value appreciate from $900,000 to $1,300,000 upon completion.
Residents of the Medici Terraces enjoy premium living to the fullest with 24 hours electricity, top of the line indoor and outdoor security, high speed broadband internet, ultra-modern gym, roof top lounge, concierge and efficient on-site facilities management service, giving the homeowners the ultimate luxury experience, and a true value for their money.
Individuals and corporate bodies interested solely in the purchase of the properties for investment are not left out, as a number of units have been purchased for the sole purpose of wealth maximization that afford these category of buyers’ 8-12% returns in annual rental income, apart from a residual value of at least 15%.
Other outright buyers can attest to this property as being one of their greatest acquisition of value and expression of opulence and lifestyle.
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