Bungalow
Bungalow
Palmcity, Uyo, Akwa Ibom State, Nigeria
N30 million
Cash.
Installment.
Rent-to-Own.
Unit 3 is a detached house with a parlour, dining, kitchen, and three ensuite bedrooms. It’s Great value for money
This property can be purchased in cash or installments/rent-to-own.
If you select the installment plan, you can pay a deposit and take possession.
Once your deposit is paid, you will be given access to the properties, and a tenant can be placed therein.
This is a great way to increase your return on Investment because you can begin to earn rent from the building while paying off the purchase.
The unit can also be furnished as a short-stay apartment for business and recreational guests in Uyo.
Expected rental income: up to ₦500k per year for a fixed tenant or up to N 1.5m per year if you furnish and offer as a serviced apartment
Management
Management services can be arranged through a credible local agency with a good track record.
What we have done so far
· Full completion of the superstructure from foundation to finish
· Electricity supply to the estate
· A Borehole and water supply in the estate
· Fencing of the perimeter of the estate and entrance gate
· Access road within the estate is partially paved .
· Landscaping and ongoing maintenance
What next
· Upon sale, completion of Internal finishes on the building
· Landscaping the yard
· Connect electricity and water to the unit.
Unit is complete and ready for the homeowner
Location
The property is located within the greater Uyo capital city of Akwa Ibom State. Nearby landmarks include the 1000-unit Estate, the University of Uyo, the Ibom 5-star hotel and golf resort, the Nwaniba waterfront, Atlantic FM, Ewet housing estate (5 km away), and the Victor Attah airport, which is 15 km away.
Why invest in Uyo?
Have you heard of the Nest of Champions? If you’re a soccer buff, you’ll know that’s where the Super Eagles, Nigeria’s national team, plays most of it’s soccer games. The city of Uyo is home to the Nest of Champions. The capital city of Akwa Ibom State, it is one of the fastest-growing cities in Nigeria.
Other attractions are the fact that Uyo is consistently ranked the cleanest Nigerian city, and is crisscrossed by multi-lane highways and bridges. In recent years, it has become a destination for visitors from all over the country and worldwide.
Akwa Ibom is unique in many ways, but one of them is that it is a State that owns its airline, Ibom Air, making Akwa Ibom probably one of very few States or regions in Africa to own an Airline.
With Ibom Air, the Nest of Champions, and many other landmarks, together with the well-known hospitable nature of Akwa Ibomites, Uyo has become a very high-prospect city,
*Rent-to-Own Payment plans are subject to qualifying criteria
Payment plans are offered through our Homeownership Program.
Fill the form below, check all that applies, and calculate your estimated monthly payment plan:
