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The Claridge 1
PRODUCT OF THE DAY.
*THE CLARIDGE 1*
The Claridge 1, is a state of the art estate, designed to offer residents great life style, value and viable investment proposition. Located strategically on a dry flat expanse of land where nature and architectural ingenuity marry seamlessly, this ultra modern and highly secure estate, is a delight to any investor and lover of class.
The value appreciation rate of this estate is astronomical, as it is in the center of both commercial and economic activities, yet far enough to avoid any downsides.
*The Claridge 1* is located right behind the Novare Mall ShopRite Sangotedo, and in the same vicinity with the Catholic Monastery, Jubilee Estate, Emperor Estate, and several other estates and developments.
*LOCATION:*
Behind Novare Mall ShopRite Sangotedo.
4 mins from the ShopRite.
*PRICE:*
N15.5m for 600sqms
*PROMO:*
N13.5m for 600sqms (Ends Dec.26th 2019)
*TITLE:*
C of O
For more information, enquiries and inspection, kindly contact us info@globalafricaninvestorsalliance.com
Understanding Land Titles in Nigeria
A Gazette is an Official record book where all special government details are spelt out, detailed & recorded.
A gazette will show the communities or villages that have been granted excision and the number of acres or hectares of land that the government has given to them.
It is within those excised acres or hectares that the traditional family is entitled to sell its lands to the public & not anything outside those hectares of land given or excised to them.
Question: Is excision as good as obtaining c of o?
Is a person having excision still mandated to obtain c of o?
Answer: After a land has been excised & Gazetted, then you can either process your C of O or Governor consent.
Excision does not expire while C of O expire after 99 years.
The only advantage C of O has over Excision is that, it can be used as collateral for getting loan in the bank
DEED OF CONVEYANCE
Deed of Conveyance or Registered Conveyance was the authentic evidence of ownership until 1978 Land use Act that introduced Certificate of Occupancy.
Deed of Conveyance is old legal document used in transferring the interest of the owner of a landed property interest to the person to another whom it is assigned, the assignee.
When ownership is transferred, the new legal document in use now is called deed of assignment.
CERTIFICATE OF OCCUPANCY
A Certificate of Occupancy (C of O) issued by the Lagos State Government officially leased Lagos land to you, the applicant, for 99 yrs.
All lands belong to the Government.
GOVERNOR’S CONSENT
A governor’s consent can only be processed on a land with either Gazette or an Existing Certificate of Occupancy (C of O).
If a person with land with C of O decides to sell his land, the only documents that can give the new buyer or every other subsequent buyers the right of occupancy or ownership is a governor’s consent.
The powers of the Governor to consent to such transactions can be found in Section 22 of the Land Use Act of 1978 which states thus:
*’It shall not be lawful for the holder of a statutory right of occupancy granted by the governor to alienate his right of occupancy or any part thereof by assignment, mortgage, transfer of possession, sublease or otherwise howsoever without the consent of the Governor first had and obtained”*
This simply means therefore that even when a buyer has secured a land with a Certificate of Occupancy, he shouldn’t stop there.
He needs to begin the process of obtaining a Governor’s consent to make that purchase legal in the eyes of the government & be rest assured his land is safe.
DEED OF ASSIGNMENTS
Most people have the title documents to their cars intact & in safe places but fail to ask for the Deed of assignment to their properties which is several times more valuable than cars
A Deed of assignment is one of the transactional document drawn up by a real estate attorney between the current title holder for a particular property & the new buyer.
In real property transactions, a deed of assignment is a legal document that transfers the interest of the owner of that interest to the person to whom it is assigned, the assignee.
When ownership is transferred, the deed of assignment shows the new legal owner of the property.
The deed contains very pertinent information for a real estate transaction. It spells out the date when the ownership of the property transfers from one owner to the other.
The deed also gives a specific description of the property that is included in the transfer of ownership.
It is very compulsory & mandatory for a Deed of Assignment document to be recorded at the appropriate land registry to show legal evidence as to the exchange of ownership in any land/landed property transaction in order to make the general public and government aware of such exchange or transaction.
Question: How long does it usually take on average for a land to be fully excised?
Answer: Excision is given by the Governor of the state & there is no specific time for issuance of Excision. Sometimes, excision can be delay due to political reason.
Once a C of O had been issued on a particular land, it’s takes 99 years before it can expire after which it can be renewed.
You can not process C of O on land that already has C of O.
C of O is C of O everywhere. When they said Global, it means the C of O in questions covers a very large expanse of land.
Question: How long does it usually take on average for a land to be fully excised?
Answer: Excision is given by the govenor of the state and there is no specific time for issuance of Excision. Sometimes excision can be delay due to political reason.
Question: Does this mean that Lands has to at least be excised before it can be sold or transferred to someone else” ?
Answer: You become rightful owner of the land once the government released it to you via excision.
Though Governments recognise ancestral land ownership as excision is the right of the indigenous land owners.
If you wish to purchase farm land or real estate in Nigeria, simply contact us info@globalafricaninvestorsalliance.com
BLACK FRIDAY PROMO
BLACK FRIDAY PROMO
CAMBERWALL ESTATE, ABIJO GRA
Camberwall Estate is a ready to build estate with the great infrastructures coming up in the neighbourhood.
Wouldn’t you rather invest now that the price is budget friendly?
Location: Abijo GRA. 4 minutes drive from Novare Mall (Shoprite)
INFRASTRUCTURES
– Good Road Network
– Play Ground
– Electricity
– 24 hours Security Service
– Treated Water
– Good Drainage System
– And many more
Size & Price:
500sqm : N11m
Title: C of O
NEIGHBORHOODS
– Lekki Pearl Garden
– Novare Mall
– Corona International School
– Emperor Estate
– And many more
Promo starts on 15th November to 19th November 2019.
Contact us for more information: info@globalafricaninvestorsalliance.com
Introducing Fairfield 4 Berdoom Maisonette
Luxury Must Not Be Expensive!
Introducing *FAIRFIELD APARTMENTS NEW LAGOS CITY, ABIJO*
Located in the heart of Abijo, opposite the Abijo GRA, this exquisite luxury apartments are designed with you in mind, to give you that home away from from feeling, while guaranteeing maximum rental income returns.
This ultra modern estate comprises of:
1 Bedroom Apartment – N7m
2 Bedroom Apartment – N10.5m
2 Bedroom Penthouse – N12m
3 Bedroom Apartment – N12.5m
3 Bedroom Penthouse – N15m
3 Bedroom Masionette – N16m
4 Bedroom Masionette – N19.5m
The estate is designed to have a man made lake, street lights, drainages, green areas, security, sports arena, shopping complex etc.
It is located about 7 mins from the Lagos Business School, and 12 mins from VGC Ajah.
Imagine owning a 2 or 3 bedroom apartment in an exquisite estate just opposite the GRA, with a down payment of N3.5m only…and spread the balance over 12 months.
NB: Your N3.5m deposit qualifies you for an all expense paid trip to Dubai !
For further inquiries, inspection & payment, Call/Chat Us Up On
info@globalafricaninvestorsalliance.com
10 FACTS ABOUT GOLDSTONE APARTMENT SANGOTEDO
1. It is a good location. It is 4 mins drive from lekki-Epe expressway and 3 mins from Novare Mall.
2. It is in a very serene and beautiful neighbourhood amongst other estates like westwood park, the claridge, flourish residences, jubilee golden estate, diamond estates etc.
3. It is a compact estate and will be fully serviced. About 80 units in all.
4. Delivery date is 8 months.
If you buy now you can take possession quarter 2 next year
5. It is super affordable.
1 bedroom is N9.5m
2 bedrooms is N11m.
6. Has the best title around: C of O
7. It is compact and easy to manage.
For working class, young couples, retirees, young adults etc.
8. Return on investment is quick to achieve and projected at minimum of 25% within 12 months.
For selling or letting.
9. If you buy and pay within 3 months, you get N1 MILLION DISCOUNT.
10. Instalment opportunity spreads up to 6 and 12months
New Mortgage Products Available
FG has approved 0 % equity contribution for housing loans below N5m. Once you’re are 18 years and above, working in public or private sector, you are qualified. Go and look for a PMI to secure the loan. It is your money and it is for a duration of at least 25yrs.
FG has also just approved the reduction in equity contribution for housing loans between N6m & N15m from 20% to 10%.
Go get the loans and take the headache of accommodation and landlord issues off your head.
You can show this post to your Bank Account Official, they will explain better in details.
By the way PMI means Primary Mortgage Institute, here is a list of CBN approved PMIs:
Central Bank of Nigeria:: Primary Mortgage Institutions
Gracias Emarald
Gracias Emerald Estate, Abijo
It is no longer news that Abijo is the next big thing happening on the Lekki-Epe Expressway axis, after Ajah and Sangotedo. The rate of developmental activities going on here is unprecedented. And the cost of acquiring a plot of land here has gone up to as much as N8m per plot.
However, we are bringing you a flash sale on our newly launched *Gracias Emerald Estate* located right opposite the Abijo GRA.
The estate is designed to merge nature with architectural masterpieces. A feeling of home away from home, is what you get in this ultra modern estate.
NEIGHBOURHOOD:
Caleb British International School
Abijo GRA
Corona International Schools
Greensprings Schools
Lufasi Park
Novare Mall ShopRite
*LOCATION:* Abijo
*PRICE:* 600sqms (N4.8m – Outright -All Inclusive)
*TITLE:* Excision in Process (KL-9726)
This is the cheapest you can get in that axis.
The rush has begun….
Lock down your own plot today with N2.5m initial deposit
For further inquiries, inspection and purchase, contact us today info@globalafricaninvestorsalliance.com
The Claridge 1
THE CLARIDGE 1
The Claridge 1, is a state of the art estate, designed to offer residents great life style, value and viable investment proposition. Located strategically on a dry flat expanse of land where nature and architectural ingenuity marry seamlessly, this ultra mordern and highly secure estate, is a delight to any investor and lover of class.
The value appreciation rate of this estate is astronomical, as it is in the center of both commercial and economic activities, yet far enough to avoid any downsides.
The Claridge 1 is located right behind the Novare Mall ShopRite Sangotedo, and in the same vicinity with the Catholic Monastery, Jubilee Estate, Emperor Estate, and several other estates and developments.
*LOCATION:*
Behind Novare Mall ShopRite Sangotedo.
8 mins from the ShopRite.
*PRICE:*
N14.5m for 600sqms
N7.5m for 300sqms
*TITLE:*
C of O
For more information, enquiries and inspection, kindly contact info@globalafricaninvestorsalliance.com
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