Investment Guide

BREEZEWOOD COURT RESIDENCES

Terraces and ApartmentsIkota Lekki

The Lekki Peninsula has been a strong growth area since

1989 when the then military Governor of Lagos State , Brig

Raji Rasaki ordered caterpillars and bulldozers into the

shanty settlements of Sand Field and Maroko in Victoria

Island and proceeded to create the legal framework for

the residential developments of Victoria Island extension

and Lekki Phase 1 communities: that was 24 years ago.

“in 24 years billions of dollars in real estate assets have been created on the Peninsula”

Investment Guide

Today, Lekki Peninsula wears a completely different look,

from the shanty settlements and fishermen's huts that

dotted the Peninsula sprang forth multimillion naira

mansions and skyscrapers ,in 24 years billions of dollars in

real estate assets have been created on the Peninsula,

thereby making the strip one of the largest concentration

of new wealth on the African continent, a phenomenon that

has catapulted many families who had foresight into the

ranks of the nouveau riche set to maintain their family

wealth for generations to come.

Investment Guide

“The Lekki Peninsula has been a strong growth area since 1989”

Meanwhile successive Lagos State Governments have

continued to up the ante in the provision of infrastructure

and proper town planning services with a view to making

the Peninsula a reference point for smart and functional

urban city development that can rank favorably with other

international coastal cities such as New York and Tokyo , in

a few years the Peninsula will have a fully fledged Free

Trade Zone , a deep Sea Port and an Airport, which are all

expected to be magnets for major economic activity in the

area, meanwhile the private sector is also not resting on its

oars , with the ongoing construction of almost 60km Lekki

Epe express road which has bisected the Peninsula into a

free traffic highway, so many private developers have

followed up with Shopping Malls, Industrial/Warehouse

developments, Academic Institutions, Residential Estates,

Multi-purpose Arenas, Hotels and other landmark real

estate projects.

Investment Guide

From the foregoing, so much wealth has been created in 24

years, however, the growth of the Peninsula is still just at its

infancy and Lekki will still continue on its path of healthy

growth and huge capital gains for many years to come,

therefore there is still more wealth to be created to

accommodate many more people with foresight who will be

part of the new nouveau riche, however the question is how

do you get a piece of this growth opportunity and build

wealth for yourself especially as most assets are now priced

out of reach of the working man by property speculators, the

choices appear very tough especially in a depressed

economy.At Roy Davis Realty,we design out real estate investment products to suit the working man, especially those that are priced out of the current housing market, we do not assume that the average working man has access to stupendous amounts of wealth stashed away such that he can afford to buy assets priced at N20-35M without any qualms, instead we believe that the working man can leverage his employment and credit history to own assets and build wealth in a process that is simple, transparent, flexible and convenient.Working with our bankers and discerning real estate developers we are committed to providing these wealth building opportunities to hardworking citizens who qualify, we have set out a process that is risk free, convenient, flexible and affordable to enable young and active Nigerians who are gainfully employed use leverage to create viable real estate portfolio and build assets even as they remain actively engaged in their primary work assignments

“...At Roy Davis Realty, we believe that the working man can leverage his employment and credit history to own assets and build wealth...”

Investment Guide

Breezewood Court Residences, Ikota (Luxury Terraces and

Apartments) is one of series of residential real estate

projects that have been carefully designed and planned to

provide such wealth building opportunities to working

people, with great investment features such as:HIGH UPSIDE POTENTIAL

- Up to 30% pre-construction discount

- Up to 250% return on investmentSAFE, RISK – FREE INVESTMENT

- Low entry point, only 10% deposit required to secure

a unit

- Your deposit is held in a bank escrow (protected by

NDIC), earning interest till home is deliveredUSE LEVERAGE (MORTGAGE FINANCE) TO OWN YOUR HOME, AND THEN PAY OFF OVER 10-20YEARS

- Leverage on the credit worthiness of your employer

and take advantage of a pre-approved mortgage

- You can sell your home at open market value on

completion and earn a substantial margin on your

investmentINNOVATION

- Take advantage of a risk free, innovative financing

model to own property and build wealth

- Experience how you can build a strong and viable

real estate portfolio even as you remain committed

to your primary job assignment. 

Investment Guide

OTHER FEATURES

1) Pre-approved mortgage, we set up your mortgage

account from day one

2) Up to 90% loan to value mortgage loan is available

for a maximum period of 10 years

3) Your mortgage account can be transferred to

FMBN/NHF @ 6% interest rate per annum when you

pay down your mortgage below the NHF threshold

4) Property is already significantly discounted to

provide room for huge upside margin at delivery

5) Deposit commitment held in escrow account will

earn minimal interest pending delivery of home.

From the forgoing, it is easy to see how you can own the

house of your dream with a minimal deposit commitment

(10%), 10-20 years mortgage facility (up to 90% LTV,

however, additional equity maybe required during

construction subject to value of your gross annual income),

enjoy interest- earning- deposit -protection in a bank

escrow, exercise the right to sell your house at completion

at the open market value and earn your margin

Investment Guide

“Your deposits are not only safe (securely held in a bank escrow) but are interest earning even while your house is being built, this is a first of its kind real estate investment innovation in Nigeria”

Roy Davis Realty……..

working for you.

Please refer to the chat below for an indicative Loan to Value amounts that applies to various levels of equity contributions,

though you can place a 10% deposit commitment in an escrow account to secure your unit, the final LTV amount financed at

mortgage will be subject to your gross monthly income from which a third should ideally be applied towards mortgage

servicing, your gross monthly income also determines the percentage equity contribution required of you at delivery and

mortgage, therefore, even when you reserve a unit with 10% commitment, additional equity might be required during

construction, please refer to the chart to see the category that applies to your income structure.

Investment Guide

Principal and Interest 16.5% fixed x 10years.

Mortgage Finance and Indicative Loan Amortization Schedule4 Bedroom, 3- floor, all ensuit Terrace home

Off Plan offer price: N35MProjected Asset Value at Delivery based on comparables: N50-55M

Minimum Commitment Deposit: 10% (N3.5M)

Investment Guide

3 Bedroom Luxury Flat @ 16.5% principal and interest fixed for 10years

3 Bedroom Luxury Apartment plus maid room, with ensuit facilities in all roomsOff plan offer price: N20, 000,000.00

Projected valuation at delivery, based on comparables: N30-36MMinimum Deposit required: 10% (N2, 000,000.00)

Profitability Analysis

The Terraces and Apartments at Breezewood Court

Residences having been significantly discounted at the

current offer prices; therefore, these properties have the

potentials to out-perform other investment products in the

market, i.e. Equities, Bonds, Certificate of Deposits (CDS)

and Treasury Bills.

E.g. if you are eligible for a 90%LTV mortgage, and you make

an equity deposit of 10% for a 3 Bedroom Luxury Apartment,

and at completion, the price of the housing unit goes up by

only 25% to N25M, your return on investment based on 10%

equity contribution will be 250%, when you consider the fact

that no development company is selling Apartment housing

in Ikota for a price lower than N30M, and that even Lagos

State Government sold apartments at Abraham

Adesanya/Lekki Scheme 2 axis for N29.5M, the viability of

Breezewood Court Residences as a good investment product

become very glaring.

Investment Guide

Projected Valuation at Delivery

Eq

uit

y

Investment Guide

Diagrammatic illustration of projected rate of return on investment based

on equity contributed and final valuation at delivery for Three Bedroom Luxury Flats

Projected return on investment for the luxury apartments based on the equity contributed.

Investment Guide

4 Bedroom Terrace HomesProjected rate of return on investment based on the equity

contributed and final valuation at delivery

Investment Guide

Diagrammatic illustration of projected rate of return on investment based

on equity contributed and final valuation at delivery for Four Bedroom Luxury Flats

HOW TO PARTICIPATE

To express interest in any of the terraces or luxury apartment units in Breezewood

Court, you should

a) Request a subscription form from the vendor

b) Complete all the required fields, attach a passport photograph and submit to

the vendor, the vendor can also make arrangements to pick up your completed

forms from your offices, or you could do a drop off at the 6B, Bendel Close off

Bishop Aboyade Cole , Victoria Island Lagos.

c) Subscribers are advised to review the investment guide carefully to determine

the LTV mortgage amount they qualify for and also to know the percentage

equity contribution that will be required at mortgage

d) Subscribers are advised to send a mail to akhibi@roydavisrealty.com, and cc

factorycompany@yahoo.com or call 07038120960 if any clarification is

required

e) Once completed, the subscriber is advised to write a bank draft or personal

cheque in his or her name for 10% of the value of the preferred house type

and submit same with the application form.

f) Upon the review of the completed forms to the satisfaction of the vendor and

the agent, a complete set of mortgage account opening forms will be

forwarded to the subscriber to fill out and set up his/her mortgage account.

g) Two copies of a sales and purchase agreement will also be forwarded to the

subscriber for endorsement, it is in this document that the detailed terms of

reference will be specified, and by endorsing this agreement, the subscriber

also authorizes the bank to move the deposit from his/her account to the bank

escrow account, where it will remain, yielding interest till the home is delivered.

h) At completion of construction, the vendor will issue a deed of assignment and

a registered survey in favor of the subscriber, hand same over to the bank who

now settles account with the vendor while the subscriber takes over the

property based on the terms of mortgage.

i) For subscribers who are self employed and may not be able to meet the terms

and conditions of mortgage, you can contact us via telephone or email to

discuss your unique circumstance so that we can design a payment plan

suitable to your lifestyle.

j) For those subscribers who are interested in floating and flipping their homes in

the open market, Roy Davis Realty will take the listing and help subscriber put

the property in the market for a 5% brokerage fee

For further inquiries send a mail to sales@roydavisrealty.com ,

factorycompany@yahoo.com or call 07038120960

BREEZEWOOD COURT RESIDENCES

Terraces and ApartmentsIkota Lekki

copyright 2013