ANSWERS TO YOUR QUESTIONS

PRICE & PAYMENT PLAN

• 1 Bed Apartment – N11Million
• 2 Bed Apartment – N24Million
• 3 Bed Apartment – N28Million

WHY YOU SHOULD BUY:Lekki County Apartments

• Megamound is a premium developer and an exclusive household brand name in Nigeria known for excellence

• Developments include: The exclusive Nicon Town Estate, Lekky County Homes, Carlton Gate Estate etc.
• Both Mainland and Island, Ikoyi, Oniru, Lekki, Ibadan and many more
• Known for their spacious Green open-air residential landscape
• High quality bespoke finishing unlike most developers who deliver shell
• Development has already started and on schedule for delivery September 2019

MORTGAGES PROVIDERS AVAILABLE TO HOME AND ABROAD NIGERIANS

          1. Omoluabi Mortgage Bank PLc (forms available)

1. ‘We provide Mortgages for both residences in Nigeria and Diaspora.
2. For residence in Nigeria equity contribution required is 30% Minimum
3. For Diaspora Residence Minimum Equity contribution required is 50%
4. Our Mortgage Provision is up to a tenure of 20 years depending on respective Individual
5. In All cases, we require that subscribers are in a paid employment (Formal Sector) supported by respective pay slip and bank statement. While subscribers in an informal sector will provide us a bank statement that will be properly analysed before approval’

                   2. Homebase Mortgage Bank PLc

            Awaiting clarification *most likely requirements as above*

PAYMENT SCHEDULE

DELIVERY DATE: SEPT19 (15MTHS)

1 bed is an open plan apartment (floor plan in the brochure)
1-bed -N11mill/£22K – 30%upfront £6.6K(N3.3mill)
Instalments: N7.7Mill/36mths -N214K monthly/£428 monthly

Rental income: N1.2Mill PA

2 bed Ensuite
2-bed is N24Mill /£48K- 30% upfront is £14.4K/N7.2Mill
(N16.8Mill max 36mths)
Instalments: N467K – monthly/£935.00 monthly

Rental Income: N2Mill PA

3-bed Ensuite
3-bed is N28Mill /£56K- 30% upfront is £16.8K /N8.4Mill
(N19.6Mill max 36mths)
Instalments: N545K – monthly/£1.108.00 monthly

Rental Income: N2.5Mill PA