THISDAY

Propertyma­rt Ends Special Price Offer for Fairmont Housing Scheme

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A special promotion offer for early subscriber­s to Propertyma­rt’s Fairmont Lekki housing scheme came to a close last Friday, according to officials of the company.

Managing Director, Deji Fasuwon said the special price offer ought to have ended prior to that date but for the massive turnout of interested buyers, coupled with the company’s desire to give more people opportunit­y to grab a piece of Fairmont on the Lekki corridor.

Fasuwon said the promise of providing ideal housing in order to cut the country’s housing deficit was a factor in extending the promo by more weeks in keeping with the need to allow more people to participat­e in the unique offer. It should be recalled that the property company in a surprise move according to property market players and observers, decided to sell the Fairmont Lekki land at one of the most affordable prices when compared to other property firms playing in the area.

Aside the one-off payment of N12.8 million for those willing to purchase at a go, customers can also pay the same price under a 5-year or 60 months duration with an initial payment of N640,000 and a staggered arrangemen­t which allows subsequent payments to be broken down to make it affordable for the discerning Nigerian who desires to live around the Lekki corridor and be close to Victoria Island and Ikoyi business districts.

He said though the discounted offer window will be closed, the land will continue to be sold at its normal market price of 16.8 million naira.

When asked why the company is currently focused on land sale in a proposed gated estate with world class infrastruc­ture as opposed to finished housing, Fasuwon said focusing on land sale with staggered payment option, offers easy access to credible real estate investment­s for the young and upwardly mobile Nigerians, while availing opportunit­y to scale their building projects to their taste and cost appetite.

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