Residential, investment window opens as Alphamead unveils Lekki Pearl
A new residential and investment opportunity has opened for investors and home-seekers, especially professionals within the mid-income bracket and others with a sustainable income flow, as Alphamead Property Development Company unveils its Lekki Pearl Estate.
Described by its promoters as the choice destination for premium value and unparalleled comfort, considering its aesthetics, world class facilities and infrastructure, Lekki Pearl comes with an ambitious proposition, offering 112 livable and functional homes designed to give quality communal living experience to prospective residents.
Alphamead Property Development Company, a subsidiary of AlphaMead Facilities & Management Services Limited, is a new generation real estate investment and development company determined to offer premium value to mid-come segment of the property market.
The estate, which sits on about 30,000 square metres of land, is situated along the Lekki-Epe expressway, precisely behind the Lagos Business School and has as its close neighbours Lekki Gardens Phase I, Chevron Twin Lakes, Crown Estate, Golden Park Estate, Fara park and others.
“Lekki Pearl is the first in our development series of creative products to fulfill the housing needs of middle income earners in our society,” Femi Akintunde, the company’s managing director, told BusinessDay at the estate’s monthly Open House forum, where the developer gives subscribers updates and progress of work on the estate.
Akintunde said work had been upbeat in the past nine months on infrastructure development at the estate.
According to him, Lekki Pearl distinguishes itself from its contemporaries in several ways, including its flexible and well structured installment payment plan; Alpha Mead Property Ownership Investment Scheme (AMPOISE) which allows homebuyers realize their home ownership dream in just 24 months, explaining that this plan applies to all house-types.
“With the investment scheme, intending homeowners are expected to make a minimum deposit of N250,000 through 24 months when their homes will be ready, and consequently expected to offset the remaining cost through a mortgage plan”, he said, assuring that the company was still committed to its initial promise to deliver the first set of housing units by the end of 2015 for those who entered into the scheme a year ago.
The well gated community comprises 36 units of three bedroom flats, 44 units of four bedroom terrace, 24 units of four bedroom detached houses and eight units of five bedroom fully detached houses.
The three bedroom flats have all the rooms ensuite, spacious living room and a master bedroom that boasts of an outdoor terrace and walk in closet, while the four bedroom terrace, otherwise known as the Alverstone terrace, comes with five toilets, a master bedroom, service quarters and laundry room.
Its exclusive five bedroom fully detached house also known as Avista villa comes with all rooms ensuite, an outdoor dining, service quarters and ample parking space.
Some of the infrastructure expected at the estate central power system, central water system, central sewage system with good effluent discharge, beautiful landscape, well paved road network, integrated security including CCTV, street lighting for all areas and adequate parking lots for residents and guests.
Other amenities include a gym, a mini mart, green play area, swimming pool and a club house that can also be used as an event centre by residents.
ODINAKA MBONU