Frequently Asked Questions about EWR

QUESTION:
What type of Title do I get on purchase?

Answer:
A condo owner owns the air space inside their condo, sharing an ownership interest in the single property, such as the floor, walls, sidewalks, stairwells, and exterior areas. It is a jointly owned dwelling with an undivided ownership interest in the land and an assignment of that landed interest called a Certificate of occupancy. Each unit is individually owned therefore as a unit within the building complex. Eagleswingz is the name of this building complex with the title from Phill Richards Estates Limited, the developer and title owner of the land

QUESTION:
Which apartment is best for me? Ground? Middle? or Highest Floor?

Answer:
This will depend on your budget, accessibility, good lighting, and aeration is better as you go higher so as is the noise of the street level (ground0. But remember that the ground floor has the best accessibility to the parking lot and no shared lobbies or passages. The choice is, therefore, yours as per your needs. These fees pay for the comfort of free-style living and this burden of handling maintenance is shared with your co-owners. Elderly people who have downsized from a single unit home or new home builders with a busy work pattern will enjoy this certainly. Ease of maintenance is a top reason to settle into your own serviced apartment.

QUESTION:
Will this apartment increase in value over the years?

Answer:
Like all real property, it is an investment and will appreciate with time with the same indices as single unit homes. It is important to know that maintenance and structural engineering were excellently done to avoid high maintenance due to bad materials utilized. Ours is the right choice because of the high materials picked and used for this project.

QUESTION:
What are the Pros or Advantages of investing in an Apartment?

Answer:
Each of the units is well laid out with a flow and will be easy to furnish. As interior designers too, space has been well utilized. The provision of a balcony for sit-out makes it also a good choice for leisure. The gym add-on with the use of the hotel amenities (garden, spa, swimming pool) in this secured estate adds value to your purchase of any of the units. The security of living in an apartment building is also calming especially for singles or aged people.

QUESTION:
What would the service charges be like?

Answer:
The Service Charges are calculated according to the services that will be provided such as Solar power, generators, bore-hole, amenities such as the gym, and the club membership to the boutique hotel next door, Quiet Pool Inn. It will be calculated as a yearly budget and accounts rendered by the facility manager.

QUESTION:
Is there a difference between an 'Apartment' and a 'Flat' ?

Answer:
None really, the word apartment is a North American Term while Flat is commonly used in other parts of the world like in Europe. They are units of residences, a housing unit self-contained that occupies part of a building, generally on multi-levels. Buyers can live in or can rent out their units for rental income.

QUESTION:
Will there be added Homeowners Improvement Association (HOIA) fees?

Answer:
These fees will be added from the third year of building completion to save on major, high building maintenance issues that may arise for improvements.

QUESTION:
What Payment plans do you offer?

Answer:
We have Two attractive payment plans offered:
1. Flexible Staggered Buy In” which is
35% Payment at Signage
35% After 30 days
25% After 60days
5% on completion

And we have
2. One Up-front Buy-In: One time upfront full payment entails 100% payment with a ₦10Million discount applied. Other attraction is 1st option to buy one of the 4 available boys quarters.
Please Click Here to view our Unit Prices

QUESTION:
What factors should I consider when choosing a neighborhood?

Answer:
Look into the quality of local schools, availability of healthcare services, crime rates, proximity to work and amenities, and future development plans that might impact property values. In BOET Estate in tne Adeniyi Axis you have all these points taken care of and the government impact analysis is a good one. The developer has lived in this area for 23 years with no regrets. No robbery has ever occurred or tracing by kidnappers or evil men.

QUESTION:
How important is a property inspection?

Answer:
Extremely important. Inspections can reveal hidden issues that might not be obvious during a viewing, such as structural problems, electrical faults, or plumbing issues. This information is crucial for making an informed decision and acceptability of the price. We provide the structural drawings in tne sale room for viewing by your inspection agent who can forward questions to our builder.

QUESTION:
Should I hire a real estate agent?

Answer:
Yes, you can but really we have been upfront and truthful with you. The hiring of a real estate agent can however provide you these other benefits, access to other exclusive listings, expert negotiation skills, and of super busy, assistance with paperwork and legalities. We hope you picked one with a good track record who is ready to help you and not just after yoir money , the commission.


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