Leading real estate company, Propertymart Real Estate Investment, has introduced the first ever initiative within the Nigerian real estate sector to make prospective subscribers in its Fairmont residential scheme take ownership of their plots upon the payment of 30 percent deposit. The payment plan is flexible allowing subscribers to spread the remaining balance of outright price across six months after the initial deposit in an unprecedented move that makes home ownership more pocket-friendly.
“The Fairmont” serviced plots strategically located in Arepo, Lekki-Ajah and Alagbado respectively, are not only affordable but also allow clients to live in safe, beautiful environments with well-defined perimeters.
Available in 500, 400 and 324 square metres respectively thereby offering interested investors flexibility in choice, prospective homeowners can get value on land through instant physical allocation upon payment of 30 percent initial deposits, especially those who subscribe for the Alagbado and Lekki-Ajah schemes while Arepo subscribers will get an instant paper allocation.
Investors in the Alagbado scheme can start their way to owning plots of land with as low as N1.1 million which represents the initial 30 percentdeposit for a plot of land and get a physical allocation.
While Fairmont Arepo is within the already developed and habited upscale Citiview Estate also owned by Propertymart, Fairmont Alagbado and Ajah are currently in their development phases with infrastructural work currently ongoing.
Speaking on the offer, Managing Director, Propertymart Real Estate Investment, Deji Fasunwon, disclosed that the objective of The Fairmont scheme is to create luxury private communities in fast-growing locations where quality is upheld.
“It is a perfect blend of urban and country living,” said Fasunwon, adding that clients have several reasons to buy the plots.
Other positive features of The Fairmont by Propertymart are its eco-friendly environment, top-grade infrastructure including paved roads, CCTV, electricity, street lights, drainage and green areas amongst others.
A significant player in Nigeria’s real estate sector since its incorporation in 2008, Propertymart has delivered over 6,000 housing units and serviced plots to families and individuals in Lagos, Ogun and the Federal Capital Territory (FCT). Some of its key projects include Citiview Estate, Arepo; Mitchel Mews, Magodo; Edensville Estate, Simawa and Mitchville and Bel Terraces, Abuja.