Fresh opportunities for buyers as Mixta Africa expands portfolio, launches affordable schemes
Consistent with prevailing economic realities, the focus of housing delivery is shifting as private real estate investors, particularly those on the Lagos-Epe axis, are expanding their portfolios to respond to current market forces of demand and supply.
Apparently, there is a gradual shift away from luxury housing range as has been demonstrated by a leading real estate development company and wholly owned subsidiary of ARM Limited, Mixta Africa, which has introduced into the property market the second phase of its affordable homes project.
Modeled after Residence de la Paix (RDP), the scheme is an affordable, well-planned, mixed-use estate in Lakowe town, along the Lekki-Epe Expressway. Apart from the completed units, RDP is also available in two and three bedroom shell configurations and serviced plots. It comes with its own standard amenities including roads, power and water supply systems.
Already, the first phase of the scheme of 96 units has been delivered while the second phase comprising 112 units of terraces and flats is set to commence. Under the project, about 416 flats, 110 serviced plots and 26 terraces will spring up at the expansive site.
“We have several projects for different group of people; we’re focused on affordable housing. We have to look for ways to get people into houses. Making people own homes makes the economy grow,” says Kola Ashiru-Balogun, managing director, Mixta Real Estate (Nigeria).
Mixta Africa is also the developer of the Lakowe Golf and Country Estate consisting of a 308-hectare exclusive, secure and serene gated community with an 18-hole world class golf course, guest cottages, corporate lodges, Spa facilities and hotel and a club-house with sports facilities.
The company has continued to expand its portfolio of properties in the estate, the latest addition being The Cove. “It’s a community with a lifestyle like no other. Nestled in a quiet, manicured corner of the exclusive Lakowe Lakes Golf and Country Estate, The Cove is our best development yet.
“We have designed it especially for a select and discerning few. The architecture is simple yet elegant, distinctively making the best use of the landscape”, Ashiru- Balogun said.
Continuing, he disclosed, “there are a range of different home types you can choose from at The Cove, including one, two, and three bedroom apartments, and three bedroom terraces and maid’s room. The homes come with fantastic views of the lake, the golf course greens and fairways, or excellent garden views according to your preference”.
The managing director disclosed further that significant changes had been made in the estate on the completion of outstanding units, adding that they were handing over about 200 units in the estate now. “Everything is ready; we have a growing number of homeowners already living here”, he said.
From last year till now, a lot have gone into the estate as all the infrastructure work have advanced and these include all the roads, water and electricity which have been completed. The estate is fully ready which is why the company has launched The Cove.
The Cove is a contemporary design of homes on a piece of land that is over-looking the lake. It is a modern design of two and three bedroom apartments that buyers prefer. “We ‘re doing about 160 units. Our sales have been very strong already because people have seen what Lakowe has become, a real destination luxury living.,” the managing director observed
Mixta Africa has also launched a project called The Cottages, a premium cottage apartments and spa resort for daily stay. People can come in groups to the apartments to experience a distinctive lifestyle in a serene and luxurious environment.
Korede Lawrence-Salu, Head of Sales, Mixta Nigeria, noted that Lakowe Lakes Golf and Country Estate would continue to offer unrivalled lifestyle of luxury living and security, adding that the estate had proven itself to be more than just a place for living and playing golf as it co-exists with nature; it is a place for those who know how to define their personality.
Sade Hughes, the managing director of Mixta Hospitality and Retail, explained that the pilot phase of this project has been completed while a test-run has begun in the cottage Spa Resort to promote wellness, relaxation and recreation.
According to her, the resort is on a dedicated and secluded platform within the estate and overlooks a lake, which enhances the serenity of the setting and offers a one-of-a-kind experience. The adjacent Corporate Lodge that overlooks the golf course offering stunning views of the 18th hole and beyond will soon be completed to take care of meetings and retreats.
Hughes stated that the Spa Resort would include 63 upscale suites in Balinese inspired timber villas, comprising studio, one-bedroom and two-bedroom units. It will also include a full service Spa and wellness facility, offering a wide variety of rejuvenating and therapeutic treatments. “Recreation will also be a primary offering of the facility, leveraging the natural setting of the resort and the larger estate.
CHUKA UROKO