Description

Palmera Court is a neighbouring Estate of Palmera Xclusive and Palmera Crescent. This Estate is currently selling with Land Rental Income initiative which enables you to earn 10% annual income on your land while waiting for residential development.

Land Rental Income is an initiative of flap Multipurpose Cooperative Society limited licensed by Lagos state ministry of commerce and industry. The initiative is specifically created to enable investors to acquire arable lands, rent them out for agricultural purposes and get an annual rental income.

1. Land Rental Income affords you the smartest and most affordable medium of having the joy and attributes associated with land ownership while earning rental income on your land as an investment being used for Agriculture… Crop farming and animal husbandry
2. It also affords you earning on your land while waiting for developmental activities in that area that will transform the area to an either institutional, residential, commercial, or industrial zone which will impact the value of your land massively.
3. Select your preferred location for land ownership and land size in units of square meters.

 

NOTE: Land Rental Income…you own the land while we rent it from you for rental income per annum. You land appreciate over the years and you can decide to sell your land. Benefits of Land

 

Rental Income

• Passive income for members
• Job creation
• Supports for global food security
• Preserves and engage Nigeria arable lands for an agricultural estate development
• The smartest way to future estate ownership
• National wealth creation

 

Investment

• Earn up to 10% rental income from your land per annum
• 100% cashback guarantee if you decide to sell your land.
• Land ownership
  NOTE: Select multiple of the minimum to increase the land size

 

Investment securities

• Legal documentations (Deed of agreement))
• Post-dated cheque for rent income per annum on request
• Clearly stated terms and conditions
• Annual land rent 100% guaranteed
• Land sale for cashback 100% guaranteed with a minimum of 90 days’ notice.

 

Terms and Conditions| Land Rental Income (Palmera Court)
Please, read these terms and Conditions carefully before subscribing to the product, Land Rental Income. The Agreement sets out the legally binding terms of subscription for your use of the product. Upon subscribing to Land Rental Income (a product of Assetrise Limited), you hitherto confirm that you understand and agree to all the terms stated herein.

Rental income:

You are entitled to earn a 10% rental income in 12 months when you pay outrightly, while you shall only be entitled to a 10% rental Income (pro rata basis) when you pay in installments starting from
after full payment has been made. There shall be a 10% withholding tax and 2.5% bank charges deductible from earned rental income –

Funds Security:
Upon deposit of funds, the under listed shall be delivered to you:
1. Receipt of payment
2. Deed of Agreement
3. Certificate of purchase (for Outright payments)

Statutory Charges
Upon full payment and readiness to take possession the following Statutory Charges must be paid to LAGOS STATE (EPE)

 

PLOT (500SQM)

• Red copy Survey and allocation fee (N300,000 per 500 sqm)
• Legal Documentation of Land: Deed of Assignment (N100,000:00)
• Development fee: payable when Estate development into Residential or commercial purposes commences (N400,000:00 per 500 sqm)

HALF PLOT (300SQM)

• Red copy Survey and allocation fee (N180,000 per 300 sqm)
• Legal Documentation of Land: Deed of Assignment (N100,000:00)
• Development fee: payable when Estate development into Residential or commercial purposes commences (N240,000:00 per 300 sqm)