Firm to bridge affordable housing gap through flexible schemes
TO alleviate the challenge of access to homes, Lagos- based real estate firm, Mixta Africa has assured subscribers of providing flexible payment scheme and accommodation at reasonable price to Nigerians.
The Country Manager, Mixta Nigeria, Mrs. Shade Hughes, gave this assurance in Lagos during an inspection of its built houses and ongoing housing projects at different estates within the Lagos New Town ( LNT) area.
She explained the firm has provided opportunity for subscribers who cannot pay for homes at once to buy through mortgage and spread the remaining money over 15 years.
The Lagos New Town area, she said was created to solve accommodation problems across all levels at low price, particularly at its Beechwood Park projects in Lakowe Lakes Golf and Country estate.
Hughes said: “We brought about five financial institutions. The banks are on ground to support those who cannot pay once. We are not a finance company, but we are partnering with them and introducing them to our customers. A lot of people like the products but they don’t know how to access it. Our products start from as low as N14 million.”
The Country Manager disclosed that its affordable homes range include semidetached, bungalow, one bedroom, two bedroom and three bedroom apartments.
“We have active security personnel on ground with a 24hour patrol team. We also have stable power supply and playing ground for the children and other amenities in the estates,” she said.
The Head of Sales and Business Development of Mixta Nigeria, Mrs. Andre Cameron- Cole, said as a responsible firm, it was important to show residents, clients and agents the level of work done in estates.
Cameron- Cole said: “We want our customers and those who are already living in the estate to see how much investment we have put into Adiva, Marula Park and Lakowe Lakes all within Lagos New Town. Marula Park and Beechwood Park are affordable to everyone irrespective of that person’s class or status. You can start with a down payment of 20 per cent initial deposit and spread the rest for 18 months. The buildings are semi- finished; you have just little things to take into the buildings. The beauty of it all is that you can live in it or sell it out. It is the flexibility that makes a lot of people patronise Mixta Africa.”
Meanwhile, the Product Manager for Duo housing scheme, Mrs. Gboyinde Shodipo said the rent- toown scheme is the first of its kind done by a private real estate firm in Nigeria. Through the scheme, she said subscribers make an equity contribution of N1.6 million and the amount is deducted from property value, while the outstanding is what you will be owe.
“The rental period is three years. Every rental payment is deducted from the total cost of your home and at the end of the three- year period, you may either choose to complete purchase or sell the home for profit. Basically, what Duo does is that it gives you the opportunity to become a home owner,” Shodipo said. One of the subscribers, Mr. Bayonle Lawal, appreciated the firm for the products, describing the estate location as conducive and crime free abode for a lover of cozy and serene environment.