5 Hidden Secrets Why You Should Buy A Property In Alaro City

  • From $66,500

Overview

  • Land
  • Property Type

Description

You Should Buy A Property In Alaro City

Location: Northwest Quadrant of the Lekki Free Trade Zone, Lekki – Epe Expressway, Epe.

Land Type: Residential, Commercial & Industrial

Purpose: For Sale

 

Summary: Alaro City – Serviced Plots of Land is a Residential, Commercial and Industrial city which its in a league of its own. It is a city with more than 2000 hectares of land and is divided into three main segments which includes the residential area, the commercial area and the industrial area.

This project is developed by the Lagos State Government in Partnership with Rendeavour Nigeria Development Company Limited.

The Alaro City is a large expanse of modern and luxury estate which would feature all the amenities and facilities worthy of a modern city.  More than 65 multinational companies already have their presence in Alaro City.

Universal Homes, an award winning property development company with British Origins is already present in Alaro City and has commenced developed the development and sales of apartments within the Alaro City.

Benefits of Alaro City

The industrial plots are suitable for heavy duty machine activities, while the commercial plots are for stores, shopping malls, cinemas etc. The residential plots are suitable for potential home homeowners or investors who want to acquire safe, secure and luxurious land in the heart of Ibeju-Lekki.

Because the property is located within the Free Trade Zone, owning a piece of Alaro City comes with all the benefits of the Lekki Free Trade Zone. Some of the benefits for commercial and industrial uses are

  • 0% VAT on all purchases.
  • 0% corporate income tax (up to 32% savings).
  • 20% – 25% savings on construction costs.
  • Zero expatriate quotas.
  • Speedy processing of goods at the port.
  • Easy repatriation of funds.
  • Ease of business environment – a one-stop shop for regulator engagements.

 

Available sizes & Prices For Residential, industrial and commercial Plots & Payment Plans

Plot Type Plot Price/SQ Minimum Size
Low Density $133 500, 750, 1000
Low Density (Exclusive) $220 1000
Medium Density $149 500
High Density $165 1000
Commercial Boulevard $250 – $350 4000
Commercial Others $185 – $220 1000
Industrial SME $185 1000
Industrial Road  $185 – $220 5000
Mixed Use $185 – $220 1000

 

Features of the estate include:

  •  industrial – grade roads
  • street lighting
  • drainage
  • central sewage connection
  • water
  • gas
  • 24/7 power
  • a pedestrian walkway
  • jogging trails
  • cycling trails.

 

Land Title: Certificate of Occupancy.

 

About Vala Homes:

Vala Homes is a real estate agency company in Lekki Lagos. We help potential homeowners buy a suitable and verified home or residential property.

Phone Numbers: 09167597780, 08067417694

Instagram: https://www.instagram.com/vala.homes

Website: https://www.valahomes.com

Address

  • Address Lekki Free Trade Zone, Epe
  • City Epe
  • Area Alaro City

Details

Updated on March 6, 2024 at 8:32 am
  • Price: From $66,500
  • Property Type: Land
  • Property Status: For Sale

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