Description
Palazzo BeachFront, a Land Scheme Estate Development (LSED) is designed to offer exclusive living experience, in a friendly community. The estate blueprint caters for middle and upper class of Individuals seeking to upscale, take advantage and change environment. The Scheme on completion will accommodate mixed-prototype houses to be built within the estate by subscribers to Palazzo BeachFront Estate Land Scheme (PEELS). These building prototypes are from the portfolio of the project promoter.
Nestling within Ibeju-Lekki layout, on-going developments within the axis are; the New Lekki-Epe International Airport, Sea Port, Dangote Refinery, Lekki Free Trade Zone, the Pan Atlantic University and the proposed 4th Mainland Bridge.Palazzo Court also aid access to luxury resorts such as; La Campagne Tropicana Beach Resort, Eleko Beach and Other beautiful Beaches within the Lekki-Epe axis. It also boosts access to major Industries – Eleganza Industrial City, Coscharis Headquarter, Proposed Computer Village and other upcoming commercial developments.
Palazzo Beachfront Estate Land Scheme (PEELS) represents hassle free choice for smart investors taking a LEAP advantage, thereby owning a piece of property proximity to the beachfrontwithin Ibeju• Lekki,the new face of Lagos.
FAQ
Q: WHERE IS PALAZZO BEACHFRONT ESTATE?
A: Palazzo BeachFront Estate is ideally located within the easy access of Ibeju-Lekki, Lekki Free Trade Zone at Solu Alade Village, Ibeju-Lekki, Lagos State.
Q: WHO IS THE DEVELOPER OF PALAZZO BEACHFRONT ESTATE?
A: City Planners Property & Investment Limited with consortium of project partners.
Q: WHAT IS PALAZZO BEACHFRONT ESTATE LAND ACQUISITION SCHEME {PBELAS)?
A: It is a platform developed by the project promoter to own plot( s)
ofland at affordable and convenient easy payment plans.
Q: WHAT ARE THE NEIGHBOURHOOD INSTITUTIONS WITHIN PALAZZO BEACHFRONT ESTATE SITE?
A: The institutions within the vicinity of Palazzo EeachFront Estate
includes:
– The NewLekki-Epe International Airport
– New Sea Port.
– Dangote Refinery
– Lekki Free Trade Zone.
– The Pan Atlantic University
– Proposed 4th Mainland Bridge.
Palazzo BeachFront Estate also aid access to luxury resorts such as:
– La Campaigne Tropicana Beach Resort
– Eleko Beach
– Other beautiful beaches within the Lekki-Epe axis. The Estate boosts access to major Industries:
– Eleganza Industrial City Headquarter
– Proposed Computer Village
– Other upcoming commercial developments.
Q: WHAT IS THE PRICE PER PLOT?
A: A Plot is currently being sold at promo price of N2,100,000.00 (Two Million, One Hundred Thousand) naira only with limited plots available and subsequent upward price review to N3,800,000.00 (Three Million, Eight Hundred Thousand) naira.
Q: WHAT IS THE SIZE OF A PLOT? A: SOOsqm
Q: WHAT TITLE DOES PALAZZO BEACHFRONT ESTATE HAVE? A: Lagos State approved Survey Plan
Excision.
Q:ISTHEREANYENCUMBRANCEONTHELAND?
A: The land is free from every known government and individual interest, no any adverse claimant.
Q: WHAT TYPE OF INFRASTRUCTURE WILL THE DEVELOPER
PROVIDE?
A: The Project is a Land Development Scheme with basic primary infrastructures to be provided by the project promoter. These include;
- Power transformer with street lights.
- Perimeter fence.
- Security gate.
Q: WHO WILL BE RESPONSIBLE FOR THE PROVISION OF ABOVE LISTED INFRASTRUCTURES WITHIN THE ESTATE?
A: City Planners Property & Investment Limited, the project promoter.
Q: WHAT INFRASTRUCTURE WILL THE DEVELOPER NOT PROVIDE?
A: Distribution of electricity to individual houses (Poles and its stringing), tarred/paved road network and drainage.
Q: WHAT OTHER PAYMENTS DO I MAKE APART FROM THE PAYMENT FOR THE LAND?
- – Survey fee & Legal document.
– Development Levy.
Q: HOW MUCH DO I PAY FOR THE SURVEY FEE & LEGAL DOCUMENT?
Survey fee N350,000.00
Legal document Nl00,000.00
Q: DO I HAVE TO PAY FOR DEVELOPMENT LEVY IMMEDIATELY? A: No.Youdo not have to pay for development levy immediately.
Q: HOW MUCH WILL I PAY AS DEVELOPMENT LEVY?
A: The development levy is presently pegged at N2,900 per square meter. However, this is subject to the final review of the Palazzo BeachFront Estate Landlord Association (PBELA).
Q: WHEN DO I PAY DEVELOPMENT LEVY?
A: After full payment before construction work commences on the allocated plot( s ).
Q: THE DEVELOPMENT LEVYWILL BE USED FOR WHAT?
A: Further development and improvement of the estate to acceptable standard i.e distribution of electricity to individual houses (Poles and its stringing), connection of individual houses to the water main source, tarred/paved motorable road network and drainage system.
Q: WHAT IS PALAZZO BEACHFRONT ESTATE LANDLORD ASSOCIATION (PBELA)?
A: PB ELA is the association of rightful owners of plot( s) of land within Palazzo BeachFront Estate (PBE).
Q: WHAT WILL BE THE RESPONSIBILITY OF PALAZZO BEACHFRO NT ESTATE LANDLO RD ASSOCIATION (PB ELA)?
A: PBELA will oversee and administer development levy of
members of the association for the provision of secondary infrastructures within the estate. Also, the association will be responsible for the management of the estate in conjunction with the estate promoter.
Q: WHAT DO I GET AFTER COMPLETION OF PAYMENTS FOR THE LAND?
A: Receipt of payment, acknowledgement letter, letter of allocation, estate covenants, survey plan and deed of assignment.
Q: WHEN WILL MY (PLOTS) BE ALLOCATED TO ME?
A: Immediately after full payment for the land, survey fee and legal document.
Q: WHAT HAPPEN IF I CANNOT COMPLETE PAYMENT OR DEFAULTIN THE PAYMENT OF MONTHLY SUBSCRIPTION?
A: Youwill get a refund of total money paid less 35% administrative expenses and 15% default fee. (Please revert to company refund policyforfurther clarification)
Q: DOES PALAZZO BEACHFRONT ESTATE CHARGES INTEREST ON THE BALANCE OF PAYMENT?
A: The transaction is interest free.
Q: CAN I START CONSTRUCTION WORK ON MY LAND NOW?
A: Once the payment is completed you can start building on the land immediately, by presenting your building prototype design for
approval by the project promoter technical team.
Q: IS THE ROAD TO THE ESTATE GOOD AND MOTORABLE EVEN DURING RAINY SEASON?
A: Yes. The road to the estate is very motorable and accessible even at the peak of the rainy season.
Q: IS THERE ANY RESTRICTION AS TO THE TYPE OF BUILDING I CAN BUILD?
A: Yes. The estate promoter set standard for the type of building to be constructed in the estate.
Q: IS THERE ANY TIME LIMIT TO COMMENCE WORK ON MY LAND AFTER ALLOCATION?
A: The time limit is 1 YEAR by which you will be encouraged to commence work immediately to encourage development and control weeds. Also, in a case where the land is left unkempt, the developer will enter on the land to keep it tidy and expenses incurred will be transferred to you. Otherwise, you reserve the right to sell outrightly at the market prevailing price.
Q: HOW WILL PAYMENTS BE MADE?
A: The payment will be made into the company’s accounts. We do not collect cash at our office.
Find below the company bank account number.
Q: CAN I RESELL MY PLOT /PROPERTY?
A: Yes, when all payments are fully made. This attracts transfer fee of
5% of sellingprice/currentvalue ofland.
PALAZZO BEACHFRONT ESTATE EASY PAYMENT PLAN
(PBEEPP)
The project promoter has adopted Easy Payment Plan, a package of Palazzo BeachFront Estate that accommodates middle & upper class of individuals. Easy Payment Plan is a more flexible payment plan that allows subscribers to pay on monthly basis over a period of
6months max at zero interest rate.
INHERENT BENEFITS OF THE SCHEME.
Customers that subscribe to Palazzo BeachFront Estate will enjoy the following benefits:
- Low entry point
- Flexible and affordable installments payment options
- Secure investment
- Short & long-term investment returns
- Unencumbered title transfer
- Property delivered in good time
- Property delivered by a world class project team
- Qualitative product with professional after sales management.
| BANKER |
ACCOUNT NUMBER |
| GUARANTY TRUSTBANK |
0011271959 |
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