Investment Guide
BREEZEWOOD
COURT
RESIDENCES
Terraces and Apartments
Ikota Lekki
The Lekki Peninsula has been a strong growth area since
1989 when the then military Governor of Lagos State , Brig
Raji Ra...
Today, Lekki Peninsula wears a completely different look,
from the shanty settlements and fishermen's huts that
dotted the P...
Meanwhile successive Lagos State Governments have
continued to up the ante in the provision of infrastructure
and proper t...
From the foregoing, so much wealth has been created in 24
years, however, the growth of the Peninsula is still just at its...
Breezewood Court Residences, Ikota (Luxury Terraces and
Apartments) is one of series of residential real estate
projects t...
OTHER FEATURES
1) Pre-approved mortgage, we set up your mortgage
account from day one
2) Up to 90% loan to value mortgage ...
Please refer to the chat below for an indicative Loan to Value amounts that applies to various levels of equity contributi...
Investment Guide
3 Bedroom Luxury Flat @ 16.5% principal and interest fixed for 10years
3 Bedroom Luxury Apartment plus mai...
Profitability Analysis
The Terraces and Apartments at Breezewood Court
Residences having been significantly discounted at th...
Investment Guide
Projected Valuation at Delivery
Equity
Investment Guide
Diagrammatic illustration of projected rate of return on investment based
on equity contributed and final ...
Investment Guide
4 Bedroom Terrace Homes
Projected rate of return on investment based on the equity
contributed and final v...
Investment Guide
Diagrammatic illustration of projected rate of return on investment based
on equity contributed and final ...
HOW TO PARTICIPATE
To express interest in any of the terraces or luxury apartment units in Breezewood
Court, you should
a)...
BREEZEWOOD
COURT
RESIDENCES
Terraces and Apartments
Ikota Lekki
copyright 2013
Breezewood court residences (investment guide)
Breezewood court residences (investment guide)
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Breezewood court residences (investment guide)

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BREEZEWOOD COURT TERRACES
IKOTA LEKKI
A Four in One, Four Bedroom Terrace Apartment affordable luxury living in Lekki Lagos seconds from the Ocean view Investment Profile.

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Breezewood court residences (investment guide)

  1. 1. Investment Guide BREEZEWOOD COURT RESIDENCES Terraces and Apartments Ikota Lekki
  2. 2. The Lekki Peninsula has been a strong growth area since 1989 when the then military Governor of Lagos State , Brig Raji Rasaki ordered caterpillars and bulldozers into the shanty settlements of Sand Field and Maroko in Victoria Island and proceeded to create the legal framework for the residential developments of Victoria Island extension and Lekki Phase 1 communities: that was 24 years ago. “in 24 years billions of dollars in real estate assets have been created on the Peninsula” Investment Guide
  3. 3. Today, Lekki Peninsula wears a completely different look, from the shanty settlements and fishermen's huts that dotted the Peninsula sprang forth multimillion naira mansions and skyscrapers ,in 24 years billions of dollars in real estate assets have been created on the Peninsula, thereby making the strip one of the largest concentration of new wealth on the African continent, a phenomenon that has catapulted many families who had foresight into the ranks of the nouveau riche set to maintain their family wealth for generations to come. Investment Guide “The Lekki Peninsula has been a strong growth area since 1989”
  4. 4. Meanwhile successive Lagos State Governments have continued to up the ante in the provision of infrastructure and proper town planning services with a view to making the Peninsula a reference point for smart and functional urban city development that can rank favorably with other international coastal cities such as New York and Tokyo , in a few years the Peninsula will have a fully fledged Free Trade Zone , a deep Sea Port and an Airport, which are all expected to be magnets for major economic activity in the area, meanwhile the private sector is also not resting on its oars , with the ongoing construction of almost 60km Lekki Epe express road which has bisected the Peninsula into a free traffic highway, so many private developers have followed up with Shopping Malls, Industrial/Warehouse developments, Academic Institutions, Residential Estates, Multi-purpose Arenas, Hotels and other landmark real estate projects. Investment Guide
  5. 5. From the foregoing, so much wealth has been created in 24 years, however, the growth of the Peninsula is still just at its infancy and Lekki will still continue on its path of healthy growth and huge capital gains for many years to come, therefore there is still more wealth to be created to accommodate many more people with foresight who will be part of the new nouveau riche, however the question is how do you get a piece of this growth opportunity and build wealth for yourself especially as most assets are now priced out of reach of the working man by property speculators, the choices appear very tough especially in a depressed economy. At Roy Davis Realty,we design out real estate investment products to suit the working man, especially those that are priced out of the current housing market, we do not assume that the average working man has access to stupendous amounts of wealth stashed away such that he can afford to buy assets priced at N20-35M without any qualms, instead we believe that the working man can leverage his employment and credit history to own assets and build wealth in a process that is simple, transparent, flexible and convenient. Working with our bankers and discerning real estate developers we are committed to providing these wealth building opportunities to hardworking citizens who qualify, we have set out a process that is risk free, convenient, flexible and affordable to enable young and active Nigerians who are gainfully employed use leverage to create viable real estate portfolio and build assets even as they remain actively engaged in their primary work assignments “...At Roy Davis Realty, we believe that the working man can leverage his employment and credit history to own assets and build wealth...” Investment Guide
  6. 6. Breezewood Court Residences, Ikota (Luxury Terraces and Apartments) is one of series of residential real estate projects that have been carefully designed and planned to provide such wealth building opportunities to working people, with great investment features such as: HIGH UPSIDE POTENTIAL - Up to 30% pre-construction discount - Up to 250% return on investment SAFE, RISK – FREE INVESTMENT - Low entry point, only 10% deposit required to secure a unit - Your deposit is held in a bank escrow (protected by NDIC), earning interest till home is delivered USE LEVERAGE (MORTGAGE FINANCE) TO OWN YOUR HOME, AND THEN PAY OFF OVER 10-20YEARS - Leverage on the credit worthiness of your employer and take advantage of a pre-approved mortgage - You can sell your home at open market value on completion and earn a substantial margin on your investment INNOVATION - Take advantage of a risk free, innovative financing model to own property and build wealth - Experience how you can build a strong and viable real estate portfolio even as you remain committed to your primary job assignment.  Investment Guide
  7. 7. OTHER FEATURES 1) Pre-approved mortgage, we set up your mortgage account from day one 2) Up to 90% loan to value mortgage loan is available for a maximum period of 10 years 3) Your mortgage account can be transferred to FMBN/NHF @ 6% interest rate per annum when you pay down your mortgage below the NHF threshold 4) Property is already significantly discounted to provide room for huge upside margin at delivery 5) Deposit commitment held in escrow account will earn minimal interest pending delivery of home. From the forgoing, it is easy to see how you can own the house of your dream with a minimal deposit commitment (10%), 10-20 years mortgage facility (up to 90% LTV, however, additional equity maybe required during construction subject to value of your gross annual income), enjoy interest- earning- deposit -protection in a bank escrow, exercise the right to sell your house at completion at the open market value and earn your margin Investment Guide “Your deposits are not only safe (securely held in a bank escrow) but are interest earning even while your house is being built, this is a first of its kind real estate investment innovation in Nigeria” Roy Davis Realty…….. working for you.
  8. 8. Please refer to the chat below for an indicative Loan to Value amounts that applies to various levels of equity contributions, though you can place a 10% deposit commitment in an escrow account to secure your unit, the final LTV amount financed at mortgage will be subject to your gross monthly income from which a third should ideally be applied towards mortgage servicing, your gross monthly income also determines the percentage equity contribution required of you at delivery and mortgage, therefore, even when you reserve a unit with 10% commitment, additional equity might be required during construction, please refer to the chart to see the category that applies to your income structure. Investment Guide Principal and Interest 16.5% fixed x 10years. Mortgage Finance and Indicative Loan Amortization Schedule 4 Bedroom, 3- floor, all ensuit Terrace home Off Plan offer price: N35M Projected Asset Value at Delivery based on comparables: N50-55M Minimum Commitment Deposit: 10% (N3.5M)
  9. 9. Investment Guide 3 Bedroom Luxury Flat @ 16.5% principal and interest fixed for 10years 3 Bedroom Luxury Apartment plus maid room, with ensuit facilities in all rooms Off plan offer price: N20, 000,000.00 Projected valuation at delivery, based on comparables: N30-36M Minimum Deposit required: 10% (N2, 000,000.00)
  10. 10. Profitability Analysis The Terraces and Apartments at Breezewood Court Residences having been significantly discounted at the current offer prices; therefore, these properties have the potentials to out-perform other investment products in the market, i.e. Equities, Bonds, Certificate of Deposits (CDS) and Treasury Bills. E.g. if you are eligible for a 90%LTV mortgage, and you make an equity deposit of 10% for a 3 Bedroom Luxury Apartment, and at completion, the price of the housing unit goes up by only 25% to N25M, your return on investment based on 10% equity contribution will be 250%, when you consider the fact that no development company is selling Apartment housing in Ikota for a price lower than N30M, and that even Lagos State Government sold apartments at Abraham Adesanya/Lekki Scheme 2 axis for N29.5M, the viability of Breezewood Court Residences as a good investment product become very glaring.
  11. 11. Investment Guide Projected Valuation at Delivery Equity
  12. 12. Investment Guide Diagrammatic illustration of projected rate of return on investment based on equity contributed and final valuation at delivery for Three Bedroom Luxury Flats Projected return on investment for the luxury apartments based on the equity contributed.
  13. 13. Investment Guide 4 Bedroom Terrace Homes Projected rate of return on investment based on the equity contributed and final valuation at delivery
  14. 14. Investment Guide Diagrammatic illustration of projected rate of return on investment based on equity contributed and final valuation at delivery for Four Bedroom Luxury Flats
  15. 15. HOW TO PARTICIPATE To express interest in any of the terraces or luxury apartment units in Breezewood Court, you should a) Request a subscription form from the vendor b) Complete all the required fields, attach a passport photograph and submit to the vendor, the vendor can also make arrangements to pick up your completed forms from your offices, or you could do a drop off at the 6B, Bendel Close off Bishop Aboyade Cole , Victoria Island Lagos. c) Subscribers are advised to review the investment guide carefully to determine the LTV mortgage amount they qualify for and also to know the percentage equity contribution that will be required at mortgage d) Subscribers are advised to send a mail to akhibi@roydavisrealty.com, and cc factorycompany@yahoo.com or call 07038120960 if any clarification is required e) Once completed, the subscriber is advised to write a bank draft or personal cheque in his or her name for 10% of the value of the preferred house type and submit same with the application form. f) Upon the review of the completed forms to the satisfaction of the vendor and the agent, a complete set of mortgage account opening forms will be forwarded to the subscriber to fill out and set up his/her mortgage account. g) Two copies of a sales and purchase agreement will also be forwarded to the subscriber for endorsement, it is in this document that the detailed terms of reference will be specified, and by endorsing this agreement, the subscriber also authorizes the bank to move the deposit from his/her account to the bank escrow account, where it will remain, yielding interest till the home is delivered. h) At completion of construction, the vendor will issue a deed of assignment and a registered survey in favor of the subscriber, hand same over to the bank who now settles account with the vendor while the subscriber takes over the property based on the terms of mortgage. i) For subscribers who are self employed and may not be able to meet the terms and conditions of mortgage, you can contact us via telephone or email to discuss your unique circumstance so that we can design a payment plan suitable to your lifestyle. j) For those subscribers who are interested in floating and flipping their homes in the open market, Roy Davis Realty will take the listing and help subscriber put the property in the market for a 5% brokerage fee For further inquiries send a mail to sales@roydavisrealty.com , factorycompany@yahoo.com or call 07038120960
  16. 16. BREEZEWOOD COURT RESIDENCES Terraces and Apartments Ikota Lekki copyright 2013

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