Land With Government Allocation/c Of O

PRODUCT OF THE MONTH

Peak Cooperative Estate,
LOCATION: Lakowe, Ibeju-Lekki


TITLE: Government Allocation/ C of O

INITIAL DEPOSIT: 20%

PRICES:

600SQM: N15 Million

450SQM: N11.25 Million

300SQM: N7.5 Million

DEV.LEVY: N5,000 per SQM
DEED: N150K
SURVEY: N420K

ESTATE FEATURES:
- Good Road Network
- Proper Drainage System
- CCTV
- Water Treatment Plant
- Recreational Area
Just 40 slots available at pre-launch price.


WHY PURCHASE LAND THROUGH A COOPERATIVE?

THE BENEFITS.

When a cooperative society runs an estate, several benefits from the government and private institutions are attached to the land and landed properties within the estate to be enjoyed by the new owners. Acquiring landed property has been made easy and more attractive. This stands out as one of the sole importance of cooperative societies and also a medium to possessing properties in one's convenient time and pace.

Let us have a quick look at the other benefits of buying cooperative land;

1. Land is cheaper buying from a cooperative: Going prices of land within a cooperative estate is always cheaper than the lands in the nearest neighbourhood as they are always discounted.

2. No unnecessary profits of middlemen in the transaction: One will be dealing with the cooperative directly as there will be no need for an intermediary who will demand payment.

3. They seek to prevent the exploitation from government agencies: Based on the fact that cooperative societies are regulated by the government through Nigeria cooperative society ordinance, no government agency can exploit any landowner within the scheme.

4. Tax rebate from Lagos state government: Any cooperatives land bought enjoys rebate from government agencies on land and landed properties taxes.

5. Discounted building approval cost and service fees from government agencies.

6. Availability of loans at low rate of interest to develop the land at 9%-11% per annum.

7. Lands within Cooperative Estates boast of genuine documents: It's without doubt that lands under this scheme are genuine and any buyer is sure to have a property that can stand credibility test. Others who go through wrong means of purchasing lands outside this scheme often get duped by paying for a property that has no legal documents or sometimes fake documents of procurements.