09/08/2022
The Lagos leisure market has grown tremendously with the advent of shortlets, restaurants and recreational areas. The market generated ₦5 billion in 2019 and ₦3.5 billion in 2020, making it the largest and most desirable leisure market in Nigeria for investors.
Durban apartment is a luxurious 2-bedroom shortlet that will be home to over 820 guests annually—situated 2 minutes from West Africa's largest Water Park that will be home to over 1.4 million people/per annum.
Located in Sangotedo, one of the fastest-rising neighbourhoods in Lagos, the apartment will be the most preferred accommodation for guest coming to the water park.
Details of Durban Apartment
Location: Sangotedo
Intended Use: Shortlet
Available slots: 200
Price/Slot: ₦261,000
Rental Yield: 13-17%
Minimum holding period: 12 months
Payment Plan: Yes
Initial Deposit: ₦105,000
2nd payment: ₦78,000
3rd payment: ₦78,000
Investment deadline: 10/09/2022
Click the link in our bio or send us a DM to learn more about investing in the Durban apartment.