A Nigerian actual property firm, Terra Builders, has unveiled its newest challenge, Nathan’s Bay, which options three distinct waterfront communities to bridge the lingering deficit hole within the nation.
Talking on the unveiling of Nathan’s Bay within the Lakowe-Lekki space of Lagos State just lately, the Managing Director of the corporate, Kola Ashiru-Balogun, mentioned the challenge signifies the agency’s dedication to offering luxurious homes for Nigerians.
Ashiru-Balogun acknowledged that the three distinct waterfront communities, which embrace Jubilation Retirement Property, Bayfront Villas, and Olivia’s View, are designed for the consolation of their purchasers.
He mentioned, “One of many greatest sectors within the nation is the true property sector. On this sector, we have now met individuals’s calls for and helped individuals obtain their investments. These are clear examples of attaining monetary targets. Actual property is about financing targets, which we have now accomplished with Nathan’s Bay.
“The Nathan Bay consists of three waterfront communities, together with Jubilation retirement property, a serene residential neighborhood designed for people aged 55 and above. This property is for individuals within the diaspora who need to return house and retire. The property is for 55 years and above, comprising bungalows and flats for retirement.
“The second neighborhood is Olivia’s View, which represents an inexpensive technique to personal an condo in Nathan’s Bay. Olivia’s View consists of a two-bedroom, three-bedroom maisonette and a two-level fashion condo. Clients pays 10 % and can be capable to entry the Federal Mortgage Financial institution’s NHF. This implies a buyer should purchase a home for N50-60m, pay an preliminary 10 per cent and pay the remaining 20 per cent over a time frame, and the remaining goes to be a mortgage at six per cent. Development is to start out in two months, and it’s going to be accomplished inside 18 months. The third neighborhood is Bayfront Villas, that are absolutely serviced plots out there in 300 SQM and 500 SQM sizes. These plots are going to be surrounded by waterfronts.”
Talking on the awards and incentives to the realtors, actual property brokers, and companies, the Normal Supervisor, Gross sales and Advertising, Emmanuel Ekwe, mentioned the rationale was to reward them for his or her laborious work, which serves as a motivation for others within the trade.
He mentioned, “This award was designed to understand our companions for his or her laborious work. We simply gave them totally different incentives simply to encourage them other than the fee they make. The realtors, actual property brokers, and companies are important stakeholders within the journey of Terra Builders.”
The occasion, which attracted potential purchasers, traders, and enterprise leaders, amongst others, additionally witnessed the presentation of washing machines, mills, air conditioners, fridges, televisions, and different objects to excellent realtors, actual property brokers, and actual property companies.
