The Belvedere storms market with 15% y-o-y capital growth proposition

The Belvedere, an iconic residential development in Lekki Phase 2, Lagos has entered the property market with a strong investment proposition that guarantees investors/buyers a year-on-year capital growth of 10-15 percent.

Located in a serene environment in close proximity to the upscale Victoria Garden City (VGC), The Belvedere comprises four-bedroom fully finished terrace homes which, the promoters say, are all en suite with breath-taking comfort and luxury.

It parades best-in-class facilities which include swimming pool, 24-hour power supply, central water supply, central disposal system, sewage plant, CCTV camera and security personnel, fully fitted kitchens with microwave, cooker, and washing machine.

The Belvedere is a development well suited for young start-up families and couples. For investors, apart from its strong capital growth potential, this development is a good-buy at N37.5 million per unit with a rental yield estimated  at N2 million per annum, and Governor’s Consent as title document.

With Fine and Country as the marketing and sales agent, buyers and investors are assured that this is not just ‘another property’ on the market given the pedigree of the company whose expertise and aggressive approach to marketing stand it out as  the most sought-after, principled and reliable leasing agent in a crowded market.

A global real estate brand specializing in providing a premium service through exceptional marketing and professionalism in the upper quartile of the market, Fine and Country has its roots in the UK and has since expanded with strong presence in South Africa, Dubai, Mauritius, West Africa, Malta and Thailand.

Its exceptional marketing and professionalism were brought to bear on the leasing of the Civic Towers—an iconic Grade A commercial office building—which, in record time, achieved 100 percent occupancy at near-asking price at a time when the market environment was tough and slowing.

Udo Maryanne Okonjo, Fine and Country Nigeria’s CEO,  disclosed to BusinessDay that her company was the Towers’ exclusive marketing consultant  and lead leasing broker solely credited for identifying top qualified firms, under very strict guidelines, and negotiating the long term commercial leases on behalf of the developers.

The quality of the tenants in the Towers, which include Akintola Williams Deloitte, the financial consulting giant and winner of the 2015 Best Company to Work for in Nigeria, attests to Okonjo and her team’s dedication to the delivery of unrivalled quality in the real estate industry.

“Fine and Country sets high standards in the estate agency field with its multi award-winning ‘lifestyle’ marketing approach”, the CEO disclosed, adding that it “delivers a portfolio of exclusive high-end properties that are marketed uniquely, creatively and effectively to the widest possible audience”.

With over 300 offices globally and an ever expanding network of real estate professionals, the company has  become one of the world’s largest and most prestigious real estate networks. In Nigeria, especially in the up-market locations in Lagos and Abuja, it has strong footprints that associate it with big ticket projects like the Civic Towers, Nestoil Towers, Admiralty Heights, among others.

 CHUKA UROKO