Joint Venture: Invest In Hotel Apartments, Victoria Island Extension, Victoria Island (VI), Lagos (Ref: 192429)

Invest In Hotel Apartments

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It may now be rented/sold, under offer or temporarily withdrawn from the market.
  • Invest in Hotel Apartments, Victoria Island Extension, Victoria Island (vi), Lagos, Hotel / Guest House Joint Venture
  • Invest in Hotel Apartments, Victoria Island Extension, Victoria Island (vi), Lagos, Hotel / Guest House Joint Venture
  • Invest in Hotel Apartments, Victoria Island Extension, Victoria Island (vi), Lagos, Hotel / Guest House Joint Venture
  • Invest in Hotel Apartments, Victoria Island Extension, Victoria Island (vi), Lagos, Hotel / Guest House Joint Venture
  • Invest in Hotel Apartments, Victoria Island Extension, Victoria Island (vi), Lagos, Hotel / Guest House Joint Venture
  • Invest in Hotel Apartments, Victoria Island Extension, Victoria Island (vi), Lagos, Hotel / Guest House Joint Venture
  • Invest in Hotel Apartments, Victoria Island Extension, Victoria Island (vi), Lagos, Hotel / Guest House Joint Venture
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Property Description

Gidi Investment Invites you to earn a GUARANTEED 40% ROI(Return on Investment) every year in the real estate market.

Investment Type: Shortstay Properties or Vacation Apartments
Short stay apartments are the Lifeblood coursing through real estate in Lagos Nigeria, Making more millionaires in the shortest time possible.

How does it work?

Hotel Apartments (another name for short let) are fast becoming the best way to invest in real estate in Nigeria. The emergence of classified ad websites like Jiji.ng, Nigerian property, Bookings.com and Airbnb contributed to the increase in short let property rentals. In March 2017, Real estate Web Giant Zillow ran several surveys on hotel apartment rentals in Lagos.

These findings show that 85% of clients feel a 2 bedroom hotel apartments with an average cost of 35,000NGN/night is a more logical option as opposed to staying in a single hotel room with an average cost of 40,000NGN/night. In other words, more clients were willing to pay for hotel apartments than hotel rooms.

Extensive studies and research have proven that a Hotel apartment with a 60% occupancy rate (Assuming the said apartment is occupied for 60% or 7.2months) in a year, investors or Landlords stand to EARN 60% more rental income if managed properly.

Investment Options

NOTE: A short let apartment has to be furnished and fully serviced i.e. 24 hours light, housekeeping, entertainment, plumbing etc

1.New Prospects
Invest 25%, 50% or 100% of the total rental or furnishing cost of a newly prospected Properties

ROI: 40% Yearly
eg Invest N1,500,000 , Return:N2,100,000

2.Currently managed hotel apartment by GidiHotel

ROI: 50%
eg Invest N4,000,000 , Return:N6,000,000.

This Option is based on an accumulation of clients from previous year activities as well as the continuous development of systems and a relatively large clientele database.

As a result, rent value per day will increase by 10% which adds up to a 50% ROI Yearly.


Do you own a Property?

If you own property and are also interested in this New revenue stream, call the numbers below for a meeting and further valuation of your property.

Call 081 6003 1271 or 081 8555 2971 to Set an appointment

Office Address(VI):- GoodwillHouse Plot8 Ty Danjuma street, Didiolu estate, Victoria island.

Lekki Phase 1: Plot 12B Block 80 Emma Abimbola cole street, Lekki phase 1.

Email:[email protected]


Property Details

Property Ref: 192429Last Updated: 26 Sep 2019Market Status: Not Available
Type: Hotel / Guest HouseBedrooms: 2Bathrooms: 2
Toilets: 2Parking Spaces: 3Furnishing: Unfurnished
Servicing: Serviced      

Interesting Facts

You might be wondering if Victoria Island is an actual island based on its name. No, it is not right now, but it used to be.

Victoria Island was once completely surrounded by water until the colonial government sand-filled the eastern part to prevent mosquito breeding in the swampy area. It ended up with land areas connecting Victoria Island to Lekki Peninsula after it was sand-filled.

Leisure and Shopping

Victoria Island is home to the SPAR shopping mall, which is a one-stop shop for all of your retail needs. Goodies Supermarket is another well-stocked supermarket that sells a wide variety of items such as beverages, cosmetics, wine, toys, and so on. Other shopping options include Mega Plaza, Hubmart Store, Landmark Boulevard, XYLO, and Bijoux Mall.

Popular Estates

1004 Estate, the current largest single luxury high rise estate in Sub-Saharan Africa, is located on Victoria Island.

1004 Housing Estate is an 11-hectare housing estate with over 1000 apartments that was originally owned by the Federal Government before being purchased by private investors in 2007. The estate is located in the business and recreational district of Victoria Island.

There are four swimming pools on the estate for relaxation, as well as tennis courts for sports enthusiasts. The estate is also secure, and power is always available.

Day Life

Known for being an entertainment hub, Victoria Island has numerous places to hang out, eat, chill and have a great time.

Silverbird and Filmhouse cinemas are recommended for moviegoers. Oniru Beach, located on Victoria Island, is one of the most popular beaches in Lagos. Ocean Basket is the Mediterranean's seafood mecca. The Red Door Gallery is a must-see for art enthusiasts. It can be found within the Silverbird Galleria.

Kappadocia Lagos is Lagos' first and only cave restaurant. The architectural design creates the illusion that you are in a cave.  

Night Life

In Victoria Island, the night is always young. Get your dancing shoes on and choose from any of the bubbling spots to experience the nightlife here.

If you live in Lagos, you have probably heard of Club Quilox. This is one of the hottest clubs in Lagos, and many celebrities frequent it.

Othello's Lounge is located in the heart of Victoria Island. Here you can get reasonably priced drinks and chops.

At LiVE! Lounge, you can expect to see live bands, karaoke, and comedy nights. They have both indoor and outdoor seating options, depending on your preference.

Schools

If you live on Victoria Island, you will not have to look far for good schools. American International School of Lagos is an international school that serves students from preschool to grade 12. Boston Academy, Crescent Schools, Cranberry School, White Oak Preparatory School, and Kuramo College are also popular primary and secondary schools. The Nigerian Law School and the Now Open University are also located on Victoria Island (NOUN).

Read the full area guide for Victoria Island (VI), Lagos.

Interested in this property?

Call 0818 XXXX Show Phone
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