• Saturday, July 20, 2024
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Developer expands frontiers to Benin market with Dexdee Court

Developer expands frontiers to Benin market with Dexdee Court

A frontline real estate development company, Dexdee, has expanded its frontiers to the property market in Benin City, Edo State, with a new development known as Dexdee Court.

The action, according to the developer, is a major boost to the city’s property market and a new addition to the city’s existing housing stock.

The Court, located in the lush landscape of Ekae GRA in the city, is a block of flats right inside Dexdee Golf Resort, Ekae, overlooking the 9hole golf course. The Resort is fenced and has a C of O.

“This facility is being sold off-plan and because of the few units available, it’s being offered on first come, first served basis,” Desmond Odiase, an Engineer and CEO of Dexdee, said at the weekend.

The first phase of the Court has a block of 12 flats, comprising 2-bedrooms, each coming with a living room, a kitchen and three toilets.

“Residents of this fine piece of real estate would have access to the Resort’s golf course, tennis court, and bicycle precinct at discounted rates,” Odiase assured, adding that the resort is just 25 minutes drive from the Benin City Ring Road/Oba Palace and 22 minutes from the Benin City Airport.

The flats are being developed off-plan and completion period is 18 months. Subscribers are required to pay in four installments of 40 percent, 30 percent, 20 percent and 10 percent, leading to the collection of keys.

“Upon completion, you are allowed to use your flat for serviced apartment and rake in a minimum of N24 million per year per serviced apartment. The cost of the flat off-plan is N56 million,” Odiase said.