Frequently Asked Questions: Estellar Prime
We would like to introduce you to a new and profitable investment opportunity: Estellar Prime, a modern and luxurious real estate project brought to you by BO Properties. This investment opportunity is open to everyone; whether you’re a seasoned investor or new to real estate and we know that you have questions about this exciting opportunity.
Estellar Prime combines sophistication, comfort, and investment potential, offering an excellent option for anyone looking to invest in prime property in Lagos. Below, we’ve addressed some of this project’s most commonly asked questions.
1. Where is Estellar Prime located?
Estellar Prime is located in the heart of Yaba, Abule Ijesha, Lagos State, surrounded by major landmarks and urban conveniences. Close to the University of Lagos, popular eateries, cinemas, parks, gyms, and markets, the location offers easy access to entertainment and essential services. Nearby attractions also include the Ilaje ferry, Ifitness gym, Tejuosho Emporium, and the Yaba train station, making Estellar Prime both centrally positioned and highly accessible.
2. What are the key features of Estellar Prime?
Estellar Prime is a masterpiece of modern architecture, designed to offer comfort, luxury, and elegance. Key features include:
– Full furnishing
– POP ceiling
– Central power generator
– CCTV surveillance
– Private inverter
– Full tiling
– Water heater
– Alexa home automation
– Ample parking space
– 24/7 security
– Property management option
– Personal metre
– Kitchen cabinet
Estellar Prime is more than just a place to live—it’s a lifestyle. With state-of-the-art furnishings and the comfort of a destination vacation, this project stands out for its unparalleled blend of luxury and sophistication.
3. How do you ensure a money-back guarantee?
Estellar Prime is not just a building; it’s a strategically positioned investment designed to offer a sustainable and reliable income stream. Its proximity to major transportation networks, schools, tech hubs, and the bustling heart of Lagos ensures that it is located in a highly sought-after neighbourhood. With an occupancy rate as high as 90%, Estellar Prime provides investors with a high likelihood of tenant retention, maximising your return on investment.
4. What if I need help maintaining the property after purchase?
At BO Properties, we’re committed to supporting you long after you’ve made your purchase. We offer dedicated property management services, staffed by capable professionals who ensure your property is well-maintained and secure. This guarantees tenant satisfaction and retention, minimising vacancies and ensuring a steady revenue flow. We’ll also keep you updated on the status of your property, making property management easy and stress-free for you.
5. How long can I hold the property for?
Estellar Prime offers a long-term lease, with options ranging from 20 to 22 years. This flexibility ensures you can tailor your investment based on your personal goals and preferences.
6. What is the difference between the 20-year and 22-year packages?
The 20-year package known as the Basic Option, offers:
– Water heater
– Full tiling
– Kitchen cabinet
– Alexa home automation
– Standby generator
– Private inverter
– Security
– Personal metre
– CCTV surveillance
– POP and screeded walls
The 22-year package known as the Full Option, includes everything from the Basic Option plus additional luxuries such as:
– Smart TV(s)
– Lighting
– Curtains
– Bed Frame & bed
– Dining table
– Sofa
– Center table
– Access control card
– Full interior painting
This upgrade provides a fully furnished, luxurious living space with all the comforts of a modern home.
7. What is the cost of investing in this project?
Estellar Prime offers flexible payment plans for both the Basic and Full options.
For the Full Option (22 years):
– Self Con: ₦14,000,000, with an initial deposit of ₦7,000,000. The balance can be spread over 6 months.
– Mini-flat: ₦24,000,000, with an initial deposit of ₦12,000,000. The balance can be spread over 6 months.
For the Basic Option (20 years):
–Self Con: ₦11,000,000, with an initial deposit of ₦5,500,000. The balance can be spread over 6 months.
– Mini-flat: ₦20,000,000, with an initial deposit of ₦10,000,000. The balance can be spread over 6 months.
8. What is the timeline for this project?
Estellar Prime is expected to be completed and ready for handover within 60 weeks. We invite you to check out the project renderings and explore our other successful developments. Stay tuned for updates on construction progress and milestones.
9. What is the estimated ROI on this project?
The Basic and Full options offer substantial returns on investment (ROI) over the next 22 years. Investors who choose the Basic option can expect an ROI of up to ₦60 million over 20 years, while those opting for the Full option can anticipate an impressive ROI of up to ₦80 million over 22 years.
10. How do I get started?
If you’ve decided to invest in Estellar Prime, congratulations on making the right decision! Simply send a message, give us a call or send us an email, and our dedicated team will guide you through the process, answer any further questions you may have, and help you secure your unit. Contact BO Properties today and take your first step toward a smart and profitable real estate investment with Estellar Prime.
