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Firm whets property investors’ appetite at Ofada

Low income earners, may now have cause to smile, as their hopes and dreams of becoming landlords is turning to reality at the emerging Nice Dreams Estate, in Ofada, Ogun State.

Plots of land, in the Estate, according to Architect Richard Uwagie, Chief Executive of Nice Dreams Properties Ltd., are on offer, at less than N1,000 per sq metre.

Three categories of land allocation, he disclosed, are being offered, to suit the pockets of prospective home owners.
These include 162 Sq Metres Plots, 324 Sq Metres Plots, and 648 Sq Metres Plots.

Each of the plots, Uwagie said, can be acquired instantly, while those who desire a structured instalmental payment, can be permitted to do so over a period of 1 month to 22 months.

According to him, owners of such property will be enjoying several infrastructure facilities, which his company is already putting in place within the residential Estate. These include the provision of boreholes, a network of drainage and the molding of electric poles for subsequent distribution of electricity to residents.

Uwagie said that owners of plots of land in the new estate, don’t have to stress themselves over the construction of buildings, as his firm, could provide the service for them.

An added benefit, to land owners in the Estate, he said, is the ready availability of different types of building materials, particularly blocks and cement, which are being produced by the Estate Development Firm.

Uwagie disclosed that prototype 2-Bedroom are being built by prospective home owners.
Such properties, he said have a price tag of N4.8 million. A structured gradual payment plan however exists, wherein the prospective owners can spread their payments over a period of 1 year to 20 years.

Uwagie concluded that with the promotion currently going on, properties buyers have a chance of enjoying the following; free extra plot with free architectural design worth N100,000, Physical allocation within three weeks of payment.


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