This project exemplifies luxury living and modern amenities, designed to meet the demands of today’s renters. Tribeville First-class Apartments features 24 elegantly designed apartments, including
The total project value is estimated at ₦450 million. Prospective investors can expect guaranteed annual returns of 8% derived from rental income, along with a projected minimum appreciation of 12% year-on-year on their investment property, based on historical trends.
Apartment Type | No of Apartments | Agg. Value Per Apartment Type | Amount / Apartment | Minimum Investment / Apartment | Max. No of Slot / Apartment |
---|---|---|---|---|---|
1 Bedroom Apartment Ensuite | 12 | ₦240,000,000.00 | ₦20,000,000.00 | ₦1,250,000.00 | 16 |
1 Studio Apartment Ensuite | 12 | ₦210,000,000.00 | ₦17,500,000.00 | ₦1,250,000.00 | 14 |
Project Value | ₦450,000,000.00 |
Disclaimer: All purchasers of Tribeville Peak Apartments, Alagbole, must make a non-refundable payment of ₦200,000 for documentation and processing, which is a one-time fee regardless of the number of slots purchased; further purchases will not incur additional documentation fees.
Interested clients can participate during a subscription period of three months, allowing ample time to secure their investment.
Clients who own an apartment, either outright or as part of a cluster (a group of connected individuals), have the flexibility to manage their property or request management services from OneTribe Homes Ltd.
Upon project completion (approximately 12 months), clients will receive guaranteed rental income of 8% annually, provided the property is managed by OneTribe Homes & Properties Ltd.
OneTribe Homes & Properties will oversee the management of the apartments for a nominal agreed fee, ensuring professional administration.
Based on a five-year historical analysis of property appreciation in the area, clients can anticipate an investment appreciation rate of approximately 20%, subject to market variations.
Twelve months after project completion, each apartment will be appraised by an independent estate valuer to determine its current market value.
Clients wishing to sell their investment can do so at any time after project completion, providing flexibility in managing their assets.
Investors have the choice to resell their appreciated investment or retain it for lifelong rental income and ongoing value appreciation.
Investors may sell their shares to third parties, and OneTribe Homes is committed to notifying existing investors about potential additional purchases of available slots.
OneTribe Homes will assist in the transfer process between clients for a nominal documentation fee
OneTribe Homes & Properties will handle the general administration of the estates, including security, waste disposal, cleaning, and other essential maintenance services, all for a nominal fee.
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