REASURE ISLAND ESTATE MOWE, OFADA. PHASE1, PHASE1 EXTENSION AND PHASE2.

HIGHLIGHTS:
Aesthetics yet very affordable. Located in Orile-Imo, Porogun enroute Papalanto. About 40mins drive from the Central Business District, Alausa, Ikeja, Lagos. Excellent accessibility due to the ongoing eight-lane expansion on the Lagos-Ibadan expressway. Demand has exceeded available houses in the neighborhood thus recording an increase in value of houses and rental income above 100% within last year.

In response to continuous and high demand for affordable housing products in the much celebrated Treasure Island Estate Phase1, come an extension and a phase2 of the scheme to facilitate more amazing home ownership investment opportunities in Mowe Ofada. In Treasure Island Estate Phase 1 Extension, more than 1000 housing units are projected for delivery in the scheme over the next 24months. The houses which will be delivered at Carcass Level come in 2Bedroom Bungalows and 3Bedroom Bungalows. Prices have been reviewed to be affordable and competitive; notwithstanding the rising prices of building materials. These three estates come at different costs so you can always find the one that suites your own peculiar finances coupled with our awesome deals and discounts.

  • Treasure Island Estate Phase 1
  • Treasure Island Estate Phase1 Extension
  • Treasure Island Estate Phase2.

Having three Estates in same location, you can never go wrong with your choice.

  • :

Title: C of O.


NEIGHBOURHOOD:

- International Brewery
- Nestlé Industries
- Queens Park Estate
- Havillah Estate
- Redemption Camp


INFRASTRUCTURES:

- Good Road Network
- Street lights
- Gated & Secured Environment
- Perimeter Fencing
- Sport Corridors
- Landscaping
- Shopping Centres
- 24hrs Security surveillance
- Water
- Electricity
- CCTV
- Green Areas
- Recreation Centres
- Drainage
- Serene environment

 

TREASURE ISLAND ESTATE MOWE OFADA PHASE 1.

 

FREQUENTLY ASKED QUESTIONS/TERMS AND CONDITIONS

 

Question: WHERE IS TREASURE ISLAND ESTATE MOWE OFADA PHASE 1?
Answer: Treasure Island Estate, Mowe, Ofada,  Orilemo is located at Porogun village under ObafemiOwode Local Government Orile-imo, OgunState.

Question: WHO ARE THE OWNERS/ DEVELOPERS OF TREASURE ISLAND ESTATE MOWE OFADA PHASE 1?
Answer: ARC-VIEW INVESTMENTS LIMITED.

Question: WHAT IS THE RELATIONSHIP BETWEEN VEEND AFRIQUE HOMES MART AND ARC-VIEW INVESTMENTS LIMITED?
Answer: VEEND AFRIQUE HOMES MART is an expert project marketing and real estate listing agency to ARC-VIEW INVESTMENTS LIMITED.

Question: WHY BUY THROUGH VEEND AFRIQUE HOMES MART?
Answer: If you take our survey and get prequalified for our dignitary ASSET VOUCHER, you will get all properties cheaper than the actual cost. The dignitary asset voucher ensures all our buyers get amazing discounts on all our listings. So all properties become cheaper and transactions safer with VEEND AFRIQUE HOMES MART.

Question: WHAT TYPE OF INFRASTRUCTURE WILL THE DEVELOPER PROVIDE?
Answer: Perimeter fencing, electricity, water and good drainage system.

Question: WHAT TYPE OF TITLE DOES TREASURE ISLAND ESTATE MOWE OFADA PHASE 1, HAVE ON THE LAND?

Answer:

 1. Certificate Of Occupancy (C of O)

ii. Approved Survey Plan

iii. Approved layout

Question: ARE THERE ANY ENCUMBRANCES ON THE LAND?
Answer: The Land is free from government and adverse claim

Question: WHAT ARE THE PRICES?

Answer:

FOR LAND

  1. 300sqm is ₦1.5million (Half plot)
  2. 600sqm is ₦3million (full plot)

(Physical allocation will be done when ready for construction activities)

FOR HOUSE
2 Bedroom Bungalow (Finished) is ₦9.5million.
3 Bedroom Bungalow (Finished) is ₦12.5million).
4 Bedroom Duplex (Finished) is ₦35million).

Smile, because we will work out installment payment plan that is peculiar to your own finances, no problem.  And with our dignitary ASSET VOUCHER, you will get all properties even cheaper than the actual cost.    

 

Question: WHAT ARE THE THINGS I WILL FIX WHEN I BUY CARCASS BUILDING?
Answer: Tiles, Sanitary wears,  wiring/cabling, wall screeding and Doors.

Question: WHATIS THE SIZE IN WHICH THE HOUSES ARE BUILT ON?
Answer: (300sqm & 350sqm for 2 and 3 Bedroom Respectively)

Question: WHAT IS THE SIZE OF THE PLOT?
Answer: 600 Sqm

Question: WHAT OTHER PAYMENTS DO I MAKE APART FROM PAYMENT OF THE LAND?
Answer:
a). Survey Fee.

b). Deed of Assignment Fee.

c). Developmental Levy.

Question: WHEN DO I MAKE THE OTHER PAYMENTS
Answer:  
(a). Survey and Deed of Assignment fees should be paid before physical allocation

(b). Development Levy will be paid at point of development

Question: WHAT DO I GET AFTER INITIAL PAYMENT FOR THE LAND?
Answer: A letter of acknowledgment, payment receipt and contract of sale.

 

Question: IS THE ROAD TO THE ESTATE MOTORABLE?
Answer: Yes, the road to the estate is motorable.

 

Question: WHEN WILL MY HOUSE(S) BE ALLOCATED TO ME?
Answer: Immediately after 100% payment has been made, But you get physical allocation at 75% payment.

Question: WHEN WILL MY PLOT(S) BE ALLOCATED TO ME?
Answer: Immediately after 100% payment has been made, alongside the Survey fee and Deed of Agreement.

Question: WHAT DO I GET AFTER COMPLETION OF PAYMENT FOR THE HOUSE?
Answer: Receipt, Acknowledgement Letter, Deed of Assignment and Contract of Sale.

Question: CAN I START CONSTRUCTION OF BUILDING ON THE LAND IMMEDIATELY?
Answer: You can start construction once physical allocation has been made.

Question: IS THERE ANY RESTRICTIONS REGARDING THE TYPE OF BUILDING(S) I CAN CONSTRUCT IN THE ESTATE?
Answer: The estate layout is in sections and you are limited to build houses on each section based on the (duplex or bungalow).  "Face-me-and-face-you” (tenement buildings) and high-rise / sky scrapers  will not be permitted. All building designs must conform with statutory control of the estate and Such design would be approved by the company and LSG afterwards.

Question: CAN I RESELL MY PLOT/PROPERTY?
Answer: Yes, a subscriber who has paid up on their land can resell their plot. ARCVIEW INVESTMENT LIMITED would require the seller to furnish the company with details of the new buyer.

Question: CAN I PAY TO AGENT?
Answer: Payments should be made to ARC-VIEW INVESTMENTS LIMITED at its designated banks.

Question: WHAT HAPPENS IF I CANNOT CONTINUE WITH THE PAYMENT?
Answer: You will be required to transfer the contract portfolio to any other prospective purchaser.

 

Question: CAN I HAVE A SURVEY COVER FOR MORE THAN ONE PLOT?
Answer: Yes, But you will have to pay for them separately.

 

 

98% SOLD OUT! ....

Over 700 housing units sold out in this Estate. But readily available are the phase 1 extension and the phase 2 Estate schemes.

 

 

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