Palm City Estate Multi-Unit Development

Multi-Unit Estate Development at Palm City Estate, Uyo, Nigeria Property Type Mini-Estate Location Uyo, Akwa Ibom State, Nigeria Project Value N195M ($130,000) Buy Options Shares Available | Fractional Ownership Private Placements.  Available to registered members only. Project Overview 1. Project Overview Palm City Estate is a 16-unit residential housing development strategically located near the University of Uyo, the Ibom Icon Golf Course, and other key institutions. The estate is designed to serve both residential and short-term rental markets, offering investors a stable and attractive return. The development is divided into two sections: Finished Section 2 × 3-bedroom units (100% completed) 1 × 3-bedroom unit (90% completed) 2 × 2-bedroom units (90% completed) Ongoing Section 2 × 2-bedroom duplexes (shell, requires finishing) 2 × 2-bedroom apartments (shell, requires finishing) 2 × 1-bedroom apartments (shell, requires finishing) 1 empty stand (for a 3-bedroom duplex) Probable Scenario:Upon completion, the estate will feature 16 stylishly finished and furnished units, each with demarcated spaces and shared communal areas. These units will operate as serviced apartments, generating income from rental and sales. Profits will be shared pro-rata among investors after costs and taxes. Worst Case Scenario:If short-term rentals underperform, units may be rented long-term or sold, allowing investors to benefit from capital appreciation.   2. Investment Rationale / ROI Basis Existing rental income with year-on-year growth potential Additional guest and rental income from newly completed units Upside participation in property value appreciation upon sale.   3. Investor Registration Investors must register as members of GrowMyHome Investor Group. Minimum initial investment: R1,000 (USD 60) (or equivalent). Investors receive a unique investor code after activation for future deposits.   4. Investment Structure & Terms   Payments & Financials Payments accepted via Electronic Funds Transfer (EFT) or WISE. Structure & Security Investors are pooled into a ring-fenced company. Each investor holds pro-rata membership interest, ensuring: Direct participation in property ownership Entitlement to income distributions Clear rights as outlined in the Shareholder Agreement Payouts Investors earn annual rental income (net of costs). Withdrawals can be annual or deferred to end of term. Upon project completion, capital growth is calculated and allocated. Target ROI: 12% p.a. with profit share on outperformance. ✅ Key Highlights 16-unit estate in prime Uyo location Flexible short- or long-term income model Investor-friendly structure with transparent payouts Strategic upside from property value growth Address Palm City Estate, prince Obot Crescent, Idu, Uyo Capital City Akwa Ibom, Nigeria Category Co-Developer  (find more information about that type of investment here) Duration 4-7 Years  (Talk to us about which time frame fits you best!) Management This property is being managed by GrowMyHome. Risk Low   (The property is ring-fenced and secured)  The Neighbourhood Palm city estate in located within the greater Uyo City, the capital of Akwa Ibom State. Akwa Ibom State is an oil rich State in the Niger delta region of Nigeria. Its capital city is Uyo.  The State is one of the top tourist destinations in Nigeria whose growth in the region is cemented by the ownership of Ibom Air, one of Nigeria’s leading airlines and a West Africa regional airline. This contributes to making the region a travel hub. Akwa Ibom State is considered one of the fastest growing States in Nigeria. Apart from Tourism, the growth of Akwa Ibom is supported by the state’s drive for industrialization featuring a range of new infrastructure such as an international airport, highways, an international stadium that hosts international football matches, universities, a free trade zone, an oil and gas zone, and a new seaport under development. The State also has major catalytic projects including  an ongoing mega refinery and a multibillion fertilizer plant, etc. With a vision to grow Ibom Air into an international carrier that provides a bridge between Africa and the world, Akwa Ibom is positioning itself as a hub in Nigeria and West Africa. Already, it has established representative investment houses in the Key Nigerian cities of Abuja and Lagos and also an ongoing Akwa Ibom house in Atlanta, USA.  Our Impact 100 to 200 jobs Wealth creation through supplies and support services Community development Investment in clean alternative energy Interested? Send an email to info@growmyhome.africa   Deal Directly Fill Form Below to Contact Us: Please enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form. Name * FirstLast Email *Message Submit Other Property Insightful Articles About Us Other Investment