Aurora Apartments LOCATION Aurora Apartments is situated in a unique and serene housing environment in Ikate, straight drive of 400metres to the Lekki – Epe Expressway. Aurora Apartments is within close proximity to Recreational centers, Sports and shopping malls. The location makes the property perfect for investors ROI. The location offers easy easy to Lekki corridor, no twist and turns, just get up and go. PROJECT DESCRIPTION Aurora Apartments is a beautiful blend of architectural aesthetics and functional spaces designed to create an enviable environment for quality living. Aurora Apartments boasts of sleek interior designs, quality finishings and a world class location. Aurora Apartments offers its residents an art deco lifestyle inspired by some of the finest living spaces in the world. This beautiful piece of architectural design is designed to allow lots of natural lights and cross ventilation. Residents will also enjoy an interior layout carefully designed by a team of architects, interior designers and engineers; all working together to achieve and deliver Aurora Apartments to exceed the expectations of Residents and investors. Why is Aurora Apartments a good investment? Aurora Apartments guarantees a high Return of Investment(ROI), let’s analyze below; 1. Short let services : You can purchase Aurora Apartments, and put it out for short let. At an average, a standard 2 bedroom apartment for a short let at Ikate goes for N50,000 per day, without including caution fee. We have 365 days in a year and with the help of a good property agency you would let out your apartment for at least 60% of 365 day. 365 * 60%= 219days in a year 219 * 50,000 = N10,950,000 You stand the chance of getting 31.9% ROI on the first year. 2. Rent : A good 2 bedroom apartment in Ikate Lekki goes for whopping N2,500,000, with rental income guaranteed to increase because of increase in demand for properties within the axis. 3. Buy to Sell: Currently Aurora Apartments is valued at 35,000,000, 10,000,000 less than the going rate of a 2 bedroom apartment in Ikate Lekki, Lagos. Upon completion Aurora Apartments would be valued at 45,000,000 to 50,000,000 because of the growing rate of property appreciation in Ikate axis. PAYMENT PLAN PRICE =N= Outright 35,000,000 Installment Plan 30% as initial Deposit 10,500,000 40% upon completion of roofing 14,000,000 30% upon completion and handling over of keys 10,500,000 The Payment plan is very flexible. We can agree on your personal plan based on your cash flow. DIAMENSION Floor Plan Living Room & Dining Area 40m2 Kitchen 13m2 Guest Toilet Bedroom 1 24m2 Bedroom 2 17m2 Living Room Balcony/terrace Bedroom Balcony/terrace GENERAL FEATURES *Paved Road *Security *Eletric Perimeter Fence *En-Suite rooms *Fitted Kitchens *Wood Flooring *Landscaping *Intercom System OTHER INFORMATION Legal/Documentation fee of N1,500,000 The handover/delivery date for the project is December 2019. For inspection and further details, please contact Fokes Property; Ikate Elegushi, Lekki, Lagos