Wiring Fund
Email:
 info@eastwestdevelopments.com
Phone: +44 8701826515
Fax: +44 8445852550
www.eastwestdevelopments.com
                                                                         

The Grand 5 star Deluxe Hotel Resort, Nigeria.

Private Condos and Parking Slot ownership in a 5 star Hotel gives an excellent Investment opportunity to the Investor seeking high Rental returns of 25% plus. In addition the developer's Buy Back option that gives you double your investment back. This is a Pre-construction Opportunity.
Pic:1 of 2        
The GRAND 5 Star Deluxe Hotel Resort
Nigeria.
Two things we know that are important in any real estate purchase is LOCATION and LEVERAGE and this project has the best of both. The best part is you can Purchase with only 20% down, and nothing more to pay for ever. You can even purchase in installments, in a market which has the potential to appreciate 30 percent every year for the next 5 years.
 
This resort is being developed in collaboration with our Business Partner, the Landowner, Prince James C. Nwagwu, at address: No.1 Chief Irondi Avenue, Umuebulu Town, Etche in Etche Local Government Area, Rivers States, Nigeria.   Tel: 2348037236480,  2348058285903. Representative Pr. Zereuwa, Okwaraejiaku, Zerus Nig Co., 1 Chighu Street, Oyigbo, Rivers State, Nigeria.  Tel: + 2348066591553  Mobile: + 08034 387819.    Site visit: 3 pm. every Friday. For site visit contact the Landowner.

The hotel has 360 studios and 500 Parking slots . All the studios have fantastic views. It is in a very good location, close to the highway, good restaurants, shopping, malls, schools, colleges, hospitals, public transport etc

Corporate Office: 99 Bishopgate, London, EC2M 3XD, UK. We specialize in 5 star hotel condo developments and have offices, representatives, and properties around the world. Check here our worldwide contact us locations.
                                                Key Features
INTERNET OFFER: Out of the 360 Studios we are marketing online 50 Studios at 50% discount  for our Partner developer. The Lucky 50 get the special internet pricing and all the advantages mentioned on this page. This internet offer can expire at anytime.
  •  1.   50% online discount. Purchase with $14,000 only.  Low Price guarantee.
  •  2.   Freehold property with title insurance. Registered Title Deed for Each Unit.
  •  3.   Easy Exit. Developer guarantees Buy Back at US$28,000 on completion. You get double your investment back.  See details on Buy-Back further down on this page.
  •  4.    Rental Income:  If you do not take Buy-Back. Your big Rental income is 25%.
  •  5.    As per your instructions, your fixed contractual rental income deposited in your account monthly.
  •  6.  No Property Taxes: No other costs. Property taxes, Property insurance,Title insurance, Registration. All charges paid by Developer, except 2%. Buyer to pay 2% for closing costs and Title Deed on building completion. No other costs.
  •  7.    All transactions  in US$. Repayments, Rentals and Buy back paid back to you in US$.
  •  8.    Developer Buy Back, Property Title Deed, Registration, Start of Rental payments etc to the Buyer are all done within 15 days of completion. No Gap period or delays.
  •  9.    Over 2500% projected return over 5 years of completion.  
  • 10.   Fully furnished and always maintained to highest 5 star standards, at no cost to the Buyer.
  • 11.   For free your 5* Hotel property viewing including airfare.  view invitation further down on this page.
  • 12.   As owner, you get Free stay in our chain of 5* Hotels worldwide. See details further down on this page.
  • 13.   Buyer can change his mind on booking and cancel his purchase  within 15 days and get a Full refund of the payment sent.
  • Regular in-office price $140,000. Special internet price $70,000 for 50 units. 
    Unit type  
    No. of units  
    sq.
    ft.
    Purchase Price in US $
    Price increase
    in US$.
    Studio  units.
    360
    402
    140,000
    At regular intervals. 

    2 Purchase Payment Plan Options are available to you::   1 Purchase paying 20% down only.  Or  2:  you can pay lumpsum in advance for the full purchase and get a substantial discount.  The Buyer has to select only one Option as given below As an example in the numbers below the price of a studio unit is taken as $70,000.  However as price is increasing regularly, in future this price will be more.

    1.

    Purchase with 20% down payment only. 20% down of $70,000 comes to $14,000. Pay $14,000 in installment. 25 interest-free monthly installment payments of $560 each, for a total of $14,000. No need to pay the  balance 80% on completion of the building.  Buyers when selecting  this monthly installment Payment Plan agrees to accept the details and terms of the monthly payment plan. Link: http://www.eastwestdevelopments.com/finance.aspx   OR you can pay in advance for the full 20% purchase price and get a discount. Full 20% lumpsum purchase price is discounted to $13,000 only. 

    Buy Back: On completion Buyer can opt to sell your unit instead of continuing with the rental income. The developer is contracted to Buy Back and give you US$28,000 on completion date. if paying $14000 in installments,  buyer's Buy-Back income is $14,000. if paying $13000 in lumpsum, buyer's Buy-Back income is $15,000.This is more than double your investment back.

    Rental Income:  Provided you do not take the Developer Buy-Back and decide to continue with your unit. Rental income on 20% ownership is $3,504 per annum or greater.  if paying $14000 in installments, buyer's Guaranteed  rental income is 25%.   if paying  $13000 in lumpsum, buyer's Guaranteed  rental income is 27%.This rental amount is paid to you starting from the first month of completion.

     

    2. 

     

    You can pay the full purchase price on booking. And get free a Parking slot along with your condo. And get a discount also.   The full payment price is reduced to $65,000. Pay $65000 in installments. 25 interest-free monthly installment payments of $2,600 each for a total of $65,000.  Buyers when selecting  this monthly installment Payment Plan  agrees to accept the details and terms of the monthly payment plan. Link:http://www.eastwestdevelopments.com/finance.aspx   OR you can pay in advance for the full  purchase price and get a substantial discount. Full lumpsum purchase price is discounted to $60,000 only.

    Buy Back:: On completion Buyer can opt to sell your unit instead of continuing with the rental income. The developer is contracted to Buy Back and give you US$140,000 on completion date.  if paying $65000 in installments,  buyer's Buy-Back income is $75,000. This is more than double your investment back. if paying  $60000 in lumpsum, buyer's Buy-Back is 233%.

    Rental Income: Provided you do not take the Developer Buy-Back and decide to continue with your unit. Minimum Rental income is $17,520 per annum or 50% of the rental collected by the Developer, whichever is greater.  if paying $65000 in installments, buyer's Guaranteed  rental income is 27%.   if paying  $60000 in lumpsum, buyer's Guaranteed  rental income is 29%. This rental amount is paid to you starting from the first month of completion. Plus you also get rental income from your free Parking lot unit.

     

     

     

    •    As per your instructions, your fixed contractual rental income either paid monthly or compounded at 14% every 6 months.
    •    No Property Taxes: No other costs. Property taxes, Title insurance, Registration.  All charges are paid by the Developer.
    •    All transactions are in US$. Repayments, Rentals or Buy-back paid back to you in US$.
    •    No Gap period or delays. Developer Buy-Back, Property Title Deed, Registeration, Start of Rental payments  to the Buyer etc are all done within the first month of completion.

    Please note: Your above Buy-Back or Rental returns are fixed for all buyers.  However the buying price keeps increasing. It started with $60,000. It will be $160,000 soon.  The cheaper you buy - your returns will be proportionally much higher.

    Avoid missing this opportunity as it will be sold out  very soon - and once it is gone, it is gone for good!
     
    If the buyer has money sitting in the bank earning less than 20%, then this is an excellent option to buy a unit.  

    100% owner gets 100% returns.  20% owner gets 20% of the returns.

    To get a written quote: Click: Enquiry.  On receiving your enquiry, a company representatives will work out your maximum discounts and rebates, and send you your guaranteed lowest quote for your review. 

    Interested in the purchase of a unit: Send the: More Info Form today, and get $65,000 plus $5,000 for Site visit. Total $70,000 discount. On receiving your form, you will get letter confirming your discount. After that, you decide if you want to make the purchase or not. If NO, Then just say 'NO'.  If you decide to purchase the property, then you get $70,000 cash or discount and will need to send your balance purchase payment.
    Buyer on making the  payment.  will receive an ALLOTMENT CUM RESERVATION LETTER,  If paying in intallments, Account statements are emailed to owners at regular intervals.

    3 months before the completion of the building Developer will inform you of your 2 options.  #1.You can either select the Developer Buy-Back Gaurantee on competion date.  OR  #2. Select to own your unit. As OWNER the buyer gets the ownership TITLE DEED and your rental income starts on competion date.

    How can the developer guarantee the high rental returns and the Buy-Back option that gives you double your investment back. 

  • Your question is valid. And the answer is quite simple: Click For details on: Buy-back
  •    Regarding the Buy-back guarantee.  The buyer is purchasing the property at a 50% discount. So the buyer already has the double your investment price built in their hands. This is a question of demand and supply.
  •    The present rental returns formula equates to the property price being 3 -4 times more than your buying price. As the rental rates increase, so will your property value.  You may see these price jumps very soon.
  •     Provided the Condo Hotel is complete, but the rental payment or Buy back payment is late. The developer will pay late fees to the Buyer at the rate of 16% per annum for the period late, till the promised payment is paid
  •    Regarding the high rental returns: Please see the Rental Rates detailed description down below.
  • For clarifications or questions on the rental rates or Buy-back contact: info@eastwestdevelopments.com

    When Buyer wants to Sell out:

    The prices are projected to be 3-4 times by completion date. There are many exit strategies. 

    1. Developer Buy Back on completion date. With increased value, developer will be only be too happy to buy buyer units.

    2. Buyer can sell in the open market. To get an even higher price.

    3. The buyer can resell in the RESALE POOL to earn early profits. For full Resale pool details. Link    http://www.eastwestdevelopments.com/resalepool.aspx

                           Rental Rates,  Nigeria.
      

    5 star Hotels is good business.  It gives very high rental returns.

    Rental Rates & your anticipated income:

    For comparision sake let us check the rental income on the Le Meridien Ogeyi Hotel, a 4 star hotel resort in Nigeria, then we will see the following returns:- Average Hotel Room (Studio) rate of $120 per night.

    $120 per night multiplied by 365 day and again by 80%, the occupancy rate in Nigeria in 2013, statistics by the Nigeria tourism, this will total an annual rental revenue of $435,040. There are many operational expenses in running the hotel.   Total operational expenses  are calculated at 50%.  Buyer will receive $17,520, that is 50% of the rental revenues from the units.  

    The Developer has committed to guarantee this as the minimum payment to his investor buyers. However this Rental income is calculated on a 4 star hotel. Your condo will be in a 5 star hotel resort. Your revenues will be substantially higher than this minimum of $17,520. Please note the Developer is committed to give you 50% of the Developer's rental revenue, or this minimum of $17,520 whichever is higher.

    It does not matter if your particular unit is rented or not. As the revenue from all the similar units is pooled together and the revenue divided in equal proportion among the owners.  Rental income and owner possession starts from day 1 on completion. The purchaser can use his purchase and stay in the hotel for Free and when not using it is rented and making money for him.

    Comparison of these rental returns to renting out a condo apartment: 

    For argument sake let us compare the two rental income results: Suppose the buyer had purchased a regular condo or house for $70,000, and rented it out for say $700 per month. The property management fees would be 7%. On top of that the daily and annual repairs and maintenance costs, plus the insurance, property taxes, utilities, miscellaneous etc works out another 18%. Total 25%= $175. The net in the owners hand is estimated at $525 per month, x 12 = $6,300 annually. Compare this to the buyer's price of $70,000 on a studio unit in the condo hotel, the annual rental revenues from the above studio is $17,520. Plus the owners unit is always maintained to the 5 star level. The buyer can compare and easily see which is a better investment.

    Nigeria is a hidden paradise.  There is an acute shortage of 5 star hotel resorts in Nigeria. In the next 4 years as the demand increases, the room rates are likely to go higher and the occupancy percentage is also expected to increase. The real estate prices are also appreciating at the rate of 15-25% annually. Considering all this it is expected the revenues generated from the studios will be substantially higher than the annual rental income of $17,520, which is calculated as on today's prices.

    WORST CASE SCENARIOS: 
    Scenario 1: This is the expected scenario. Annual revenues from a studio unit are expected to be $35,040. The owner's share at 50% comes to= $17,520 per year. This is excellent profits and income.
    For argument sake let us take a worst case scenario: This scenario is not likely to happen, however the figures show that even in the worst case, the buyer will still make good money. There is nothing to worry. 
    Scenario 2: Let us assume the annual revenue is not $35,040 or higher, but less than even half of that say $17,000. The owner's share at 50% comes = $8,500. Not bad even this is good income.
    If still at lower revenues, which is not likely, please note the buyers also have the developers guarantee of 25% rental on original invested amount that kicks in. As such the owner's net income is always guaranteed. Not bad, and if the revenues generated are higher, then of course the owners make more money.  
    So as the above scenarios show the buyer has all his bases covered and is bound to make a profit on this project. First realistically it is not expected the revenues to be so low as shown in the above scenario. Secondly the owners can take a quick profit and sell their unit at any stage.  Also Easy Exit. Developer guarantees Buy Back at US$140,000 on completion. You get  double your investment back. 

    Rental returns proves that the owner units will appreciate in value significantly :

    In real estate a 10% annual net return is considered to be a very healthy, and properties with that kind of returns are closed immediately by the buyers. This is a question of economics and demand and supply. A I0% return is considered a good return. Applying this scenario to the owners in this property. The owners return of 50% on revenues of $35,040 comes to $17,520. Using the 10% formula, this equates to a property price of $175,200. Your pre buying price is $70,000,  So the owners have an equity of $105,200 built in their buying price. There is a huge potential of value appreciation for the owners.
    These are the following key advantages.  
    1 No risk of losing a dime of your investment 
    2 Flipping  Returns of up to 380%
    3 It is totally seamless, you do not have to do anything.
    4 Performance in both up and down markets
     

    A famous American investor,  Robert Allen, once wrote

  • “If you want to be wealthy don’t wait to buy real estate   . . . . .

  • buy real estate and wait”.

  • Location 

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     Etche is in River States in  South Nigeria. It is known as the Oil Region.  The proposed building is 8 stories high and have 44 units on each floor. It is a very good location, close to the highway, good restaurants,  shopping, malls, schools, colleges, hospitals, public transport etc.

    All maps, dimensions, drawings, architectural plans, building material and appearance, location, site area, lot size, dimensions, shape and plan, construction start date,  construction period, completion dates, site & floor plans etc are approximate and information is subject to change without  notice.  The Seller reserves the right to make revisions. Buyer when making a purchase, agrees to accept these revisions.
    Floor Plans
    STUDIO 402 sq. ft. 
     
    1 Bedroom 1 bath 558 sq. ft 
     
    2 Bedrooms 2 baths 992 sq. ft. 
     
    Presidential Suites, 3 Bedrooms 1340 sq. ft. 
     

             Site Viewing:  All persons are welcome to come and visit the site location. There is no substitute for personally viewing the Site Land and the area. Or during the construction stage. That is why when you purchase the developer is giving you a site visit bonus of $5,000 to use as you like.  This amount you may use towards a site visit or keep as your savings. Try to visit the site. This would be a good early opportunity to see firsthand all that this country has to offer.

     SITE VIEWING. 

    Every Friday at 3 p.m. (For Overseas Clients only)

    Contact:

        Meet the Landowner, Nigeria.

       
    Free 5* Hotel Property viewing.
    •   2 months before the completion date, the Condo Buyers and the full Parking slot Buyers are sent an invitation to attend the Grand opening function of their hotel. Fractional Parking slot buyers are not eligible for this invitation. Invitation includes:
    •    One free economy round-trip air-fare.  Hotel transfers.  3 nights, 4 days stay. 4 days of Food & drinks. Breakfast, Lunch, 2 hours of Happy hour every evening, Dinner. Snacks and beverage served thru out the day.  One day of sight-seeing. One day free for shopping etc. 100% Condo Buyers get Business class air-fare instead of economy and  stay in a VIP suite instead of the regular hotel room. 
    •     Tour of the property. During the tour the Buyer is offered Buy-Back at double his Purchase price. Paid either by cash or check or wired to his account any where in the world. If the Buyer does not take Buy-Back, then his rental income starts from the grand opening date. 100% owner gets 100% returns.  20% owner gets 20% of the returns.
    •      The Buyer has a choice.  #1.You can either select the Developer Buy-Back Guarantee on grand opening date. OR #2. Select to own your unit. As OWNER the buyer gets the ownership TITLE DEED and your rental income starts from the Grand opening date.

    Foreign Nationals:                                                                                                                                                               Foreign Nationals (Not citizens of Nigeria.) on completion of the building will be issued Ownership Title units of the CondoHotel Management company instead of the Ownership Title deeds. This CondoHotel Management company will have under its wings the same number of units in ownership as the same number of Foreign buyers. Example if 100 Foreign Buyers purchase a condo unit, then this CondoHotel Management company will have under its ownership 100 condo units. All the benefits, rental returns etc will be exactly the same as the regular Buyers and regular property owners. This facility is given to the Foreign buyers to help simplify their investing with the East West Developments. This facility helps the Foreign Buyers to enjoy all the benefits from the property, and  makes it easy for them to sell out when they wish to do so. No Capital Gains Tax to pay, when Foreign Nationals sell to another Foreign National.

    Our goal is to make it extremely easy to participate in our projects. We will listen to the investors goals and help them experience the magic of great returns.  

    Investor Services

    Real estate has always been one of the key drivers to accelerate growth in any economy. Nigerian Real Estate is at the beginning of a dramatic growth phase. With the strong economy growth, Nigeria  real estate is promising the best returns and an investment opportunity window to those who step forward.

    East West Development Co. has become a leading Nigeria real estate service provider to the global market. We exclusively represent the top developers of Nigeria to provide a wide choice to a global buyer. Our relationship with leading financial institutions and Banks brings unique in depth market knowledge and access to financing and numerous real estate investment opportunities in Nigeria.

    The condo hotel studio units, in size 402 sq. ft.

    Lot Size: 10 Acres.

     

    Project Description: The Grand 5 Star Hotel and Convention Center, located in the heart of the Nigeria Oil Region, will be a five-star property. It will offer families, business travelers, conventioneers, and tourists the opportunity to stay and enjoy and explore the hidden paradise, Nigeria.

    Intended star rating: 5 stars. Location is very central. Close to all amenities, shopping center, restarants, clubs, mall, public transport, schools, university, hospital, medical services, post office, banks, train station, airport, taxi stand etc. 

    Price increase every month: A limited number of units will be made available in new releases every month. Substantial price increases before completion.

      Building Features:

    • Freehold residential hotel resort apartments.
    • Luxurious finishing for the main entrance and for the main corridors. 
    • High quality durable finishing. 
    • Large lobby and corridors to give feeling of comfort and openness. 
    • High speed elevators. 
    • Central satellite system and intercom system. 
    • Central Air conditioning. 
    • Card Entry System.
    • CCTV and 24 hours Security System.
    • Fire Fighting and Fire Alarm System. 
    • gym, sauna, Jacuzzi, baby play area, party and meeting hall. 
    • Discotheque 
    • 5 restaurants and bars & coffee shops.
    • Full-service spa and fitness center
    • meeting and convention space 
    • Banquet Halls. 
    • shopping promenade 
    • Internet & Media lounge.  
        • Three swimming pools 
    • Party rooms
    • Boutique spa 
    • Play center
    • Tennis courts 
    • 12,000 sq. ft. convention & meeting space 
    • Business center 
    • High-speed Internet access & WiFi 
    • sport & activity center 
    • Outdoor tented reception area 
    • Wedding gazebo 
    • Terrace Steak House 
    • Pool bar & grill 
    • Lounge with nightly live music  

    Building Features & Services: As a five-star condo hotel resort, The Grand Nigeria will have a variety of restaurants with extremely high standards, a lounge, a coffee shop, boutiques, fitness center, spa, swimming pool, tennis, business center and ample meeting space with state-of-the-art audio and visual equipment . The property will offer valet, security and concierge services.  Each unit owner will be entitled to full hotel privileges, including daily housekeeping service, valet parking, gym access and concierge services. 

    Price Increase: at regular inervals. 

    Completion Date: December 2021.  The valid completion date for payment of Buy back and start of the Rental payments will be the date on the offical Occupation Certificate as issued by the Building Department of the City.  Buyers will be kept informed on the Construction progress. Construction updates will also be posted on the website.

    List of Completed and Running Condo Hotels.   5 Star Condo hotels is good business.

    List of Under construction Condo Hotels and developments.

    List of JV Developers and Builders.

    Compensation paid to Buyers:  The Developer guarantees that the Condo Hotel will be completed on or before the completion date, except in the event of force majeure,  conditions that are beyond the control of the developer.  In case of the Developers delays in completion of the building by the mentioned date, then the Developer will pay a penalty to the Buyers.

    Penalty#1:  The Developer will give to the Buyer of a 100% Studio unit 2 free Parking slots on completion. Similar pro-rata free units for other buyer purchases. Example a buyer of a 20% Studio unit will get 2 free 20% Parking slots on completion.

    Penalty#2:  Provided the Condo Hotel is complete, but the rental payment or Buy back payment is late. The Developer will pay late fees to the Buyer at the rate of 16% per annum for the period late, till the promised payment is paid.

    Insurance during Construction:   The Seller will at all times throughout the course of the construction period, keep the Units insured to its reinstatement cost for the time being with a reputable Insurer. In case of destruction, all the  damaged or destroyed parts will be reinstated by the Developer who will apply the proceeds of the policy of insurance towards the reinstatement. If the proceeds of the insurance are insufficient to cover the cost of reinstatement, the Developer will make good any deficiency.

    No price escalation during construction:  Any escalations in the price on the cost of construction or for any other reason will be borne by East West Development.  

    Contract Assignability: Yes, contracts can be assigned. That means your reservation can be sold and assigned to a new buyer. This is highly unusual in  the U.S. and around the world, and it certainly is a benefit to the buyer.

    Franchise/Management Company: A worldwide international hotel chain, not yet determined.  Franchise will be a big chain like Ritz Carlton, Fairmont, Hyatt, Marriott, Hilton, Sheraton, Intercontinental or Meridien etc.

    Introducing:   Nigeria has been a an exotic place for over a thousand years. Its economy which has grown by an average of 11% over the last decade (13.6% in 2012), it is easy to see why Nigeria has become a magnet for foreign investment.
    Why Invest in Nigeria? The Economy
    1.  Nigeria has consistently outperformed this growth rate. 

    2. Nigeria exerts a magnetic attraction on foreign investment. International firms have attracted a pool of skilled ex-patriot workers, creating a demand for high quality property and serviced apartments. At the same time, the economic success has poured money into Nigeria and the local market for property has changed to reflect this greater wealth. 

    3. In the past few years, the Nigerian administration has invested huge amounts in the improvement of road and transportation systems, which will influence the development of the price and functional configuration of real estate in the future. 

    4. Nigeria will host many international expos and events.. Such events continue to raise Nigerian profile and draw further investment. All of which further contributes to future growth and demand for property.  This means that the local economy and real estate market have many years of growth driven by strong economic fundamentals ahead.  
     
    Why Invest in Nigeria? The Real Estate Market
    Nigerian explosive growth has guaranteed the  status as one of world's most attractive property markets. Between 2011 and 2013 apartments in some districts of Nigeria increased in value by 80 percent: The Municipality Statistics Bureau calculates that across the Nigeria, the price of real estate increased by 15 percent in 2013, and has jumped again by 18 percent in 2014. Despite such price rises, Nigerian real estate remains extremely cheap by international standards and the strong economic fundamentals are set to push prices ever higher for some years to come.

    In addition, hotel space in Nigeria is at a premium, with close to zero room availability at some times during the year.
     
    Why Invest in Nigeria?  The Future

    The Nigerian Government recognizes that foreign investment is the best way to bring wealth and economic growth to Nigeria, and has worked to develop investment conditions that welcome investors and ease the repatriation of wealth. Nigeria has always been open to international trade, but the level of internationalization in Nigeria is progressing very fast. Nigeria already has a large number of foreign schools, institutes, societies , organizations, medical centers and many international foreign companies. Demand for rental property is ensured by strong local demand combined with massive demand for hotels and serviced apartments.   Nigeria has a sparkling future which will be reflected in the property market.  

    The Grand 5 star Deluxe Hotel Resort, Nigeria.

    Economy: Nigeria officially the Federal Republic of Nigeria. The country is located in West Africa and shares landborders with Benin in the west, Chad and Cameroon in the east, and Niger in the north. Its coast lies on the Gulf of Guinea, a part of the Atlantic Ocean, in the south. Nigeria is Africa's leading oil producer.  It dominates West Africa economically and politically, and has produced music and literature whose influence spreads far beyond the continent. 
    Nigeria is the most populous country in Africa, the eighth most populous country in the world, It is listed among the "Next Eleven" economies, and is a member of the Commonwealth of Nations. The economy of Nigeria is one of the fastest growing in the world, with the International Monetary Fund projecting a growth of 8.3% in 2016 and 9% in 2017.  Nigeria is the 12th largest producer of petroleum in the world and the 8th largest exporter, and has the 10th largest proven reserves. (The country joined OPEC in 1971). Petroleum plays a large role in the Nigerian economy, accounting for 40% of GDP.

     

     
    Additional 2 Bonus
    •  1.   Buyers get Ownership Gold Card. Within 15 days of completion of the property, All the Condo or Parking slot Buyers will be issued a 'Owner Gold Card.'  Fractional Parking slot owners are are not eligible for the Gold Card. With the Gold Card the owner is recognized as an owner of the property in the hotel. Benefits for the owner and his family members include stay in our chain of 5 star hotels worldwide.  Free stay for 100% Condo owners. 50% discount stay for 20% condo owners or the Parking slot owners. Plus all the owners get 50% discount at all the other hotel facilities, including restaurants, bars, coffee shops, club, spa etc The card may be freely used to get a 50% discount at all the hotel facilities. If the owner sells the property, the Card will expire, and the owner has to return the card back.
    •    
    •  2.   Free Car: For the Condo or Parking slot Buyers. One Buyer will be the lucky winner .  On completion of the building a lucky draw will be held at the Grand opening function. One buyers will be the lucky winner of a Mercedez Car S550 or $100,000 in cash in lieu  of the car. 100% Condo buyers get 2 draws. Only for the 100% Condo buyers, a 2nd Free Car draw for One Bently Flying Spur or $200,000 in cash in lieu of the car. Fractional Parking slot buyers are not eligible for the car draw.
      

    Free stay in our chain of 5 star hotels worldwide:

    100% owner, may use his card for free stay in his unit or in any 5 star hotel in our chain of hotels worldwide. See:  Details & List of hotels. 

     

                                                INVEST IN PARKING SLOTS     

     

    There will be 500 car & 30 bus/coach/commercial Paid Parking Slots. Some slots will be in  the open area, and some in the underground parking garage. All vehicles will be issued an electronic time  ticket going in, and have to pay going out.

     

    Projected Parking rates: $0.60 first hour. Each additional hour $.30.   There are no comparisons of occupancy rates but projections are that the parking lot will do very well.

     

    The buyers, as owners can choose to get their slot either in the open area, or in the under ground parking development.  The developers will issue a slot number to the buyers .  All other terms and returns are the same as for the purchase of regular rooms.

     

    Guaranteed rental revenues on invested amount. Parking slots has returns and payments options similar as to the studio rooms. For any clarifications please contact info@eastwestdevelopments.com

     

    It does not matter if your particular Slot number is rented or not. As the revenue from all the parking is pooled together and the revenue divided in equal proportion among the owners.


    This lists prices on  many different types of ownership.  
    In addition to  Studio condos, the buyer can also invest in Parking slots, 1 Bedroom or larger units. Developer Buy-Back and Rental returns etc are comparable to Studio units.  
    Special internet prices
    Unit type   type  
    No. of units  
    sq.
    ft.
    Purchase Price in US $
    Price increase 
    in US$.
    Parking Slots 500 150   6,000 At regular intervals.
    Studio  units.
    360
    402
    70,000
    At regular intervals.
    1 Bedroom unit
    20
    558
    97,000
    Similar pro-rata increases
    2 Bedrooms 2 bath
    10
    992
    170,000
    Similar pro-rata increases
    Presidential Suites 
    2
    1340
    230,000
    Similar pro-rata increases
    For more clarifications, pricing or details, please contact info@eastwestdevelopments.com  

    AUDITED ACCOUNTING: 

    Owners get the guaranteed Rental income or 50% of the rental collected by the Developer, whichever is greater. The minimum guaranteed rental payments are given to all the owners monthly. In addition for the greater income. All income/expenditure will be annually audited by independent 3rd Party outside certified auditors & accountants, and the extra payments, above the minimum guaranteed monthly payments made and the extra returns distributed to the owners annually in January.

    Personal occupied units: The owner may decide not to take part in the rental management program. This option the owner can take. Basically this leaves the unit occupied by the owner. The owner can let it to friends or other guests, Long term yearly rentals are OK. However he is barred from letting it out on commercial short term daily or weekly basis and competing with the hotel itself. If the owner elects this option, the owner has to pay home owners association fees of $20 per month for the Studio. (Prorated for other type of units). The owners may still take advantage of the cleaning services as a regular hotel suite and other hotel services for a service fee of $30 per month. This ensures the upkeep of your apartment to the same standards as that of the regular hotel suites. Regardless of which program is chosen, owners will have the opportunity to change their plan every 2 months.

    Our Property offers can be a very good investment for you:

    Do your own due diligence.  This is a big investment for the Buyer.  Kindly spend 1 hour on our website and study it in full detail. You must fully know about us and our ways of doing business. Please devote some of your time to study about us and our projects and various offers on our web site.  We can say that you will not be sorry, and  make good money. There are so many possibilities as to how you can make good money thru your alliance with us.

    Then print the important Property pages . Only when you understand about us and our full Property details, can you make a good decision. You must see the full advantages of this Investment.  A lot of info is given on our website about our company and projects. Links for your convenience are given below:

    Regarding our profile, background, associations, customers. Kindly check under about us: Link: http://www.eastwestdevelopments.com/aboutus.aspx

    Regarding our References, representatives, contacts. Kindly check under Contact us: Link: http://www.eastwestdevelopments.com/contactus.aspx

    Regarding our Projects, sales & marketing. Kindly check under Home page: Link:  http://www.eastwestdevelopments.com/index.aspx

    Regarding our Testimonials & Recommendations, and customer comments Kindly check Link:  http://www.eastwestdevelopments.com/testimonial.aspx

    Regarding our land purchases or Joint Ventures with Land owners. Kindly check: Link: http://www.eastwestdevelopments.com/purchase.aspx

    Regarding our Partnership offers. Kindly check Link:  http://www.eastwestdevelopments.com/part.aspx

    Regarding our Job offers. Kindly check Link:  http://www.eastwestdevelopments.com/jobs.aspx

    For additional information, please contact us and we will try to help you.

    We are an active profitable company with a great vision. You will do well in associating with us.  

    THE PROPERTY DETAILS ARE FOR ADVANCE INFORMATION PURPOSES ONLY. AND IS NOT AN OFFER OR A SOLICITATION FOR SALE. THIS INFORMATION IS NOT VALID, AND IS NOT MEANT FOR COUNTRIES WHERE GIVING SUCH INFORMATION IS PROHIBITED BY LAW. SALES WILL BE DONE LATER ONLY THRU A SEPARATE PROSPECTUS OF SALE.

    A WORD OF CAUTION: The Seller does not Purport the Buy-Back and Rental income as a "QUICK GET RICH SCHEME."    Please read Disclaimer.  Buyer when making a purchase, acknowledges and confirms he has read, understood, agreed and accepted all the Terms & Conditions. Link: www.eastwestdevelopments.com/termscondition.aspx   if the Buyer does not agree with the terms and conditions, then please do not purchase.

     
    Disclaimer:
    Although this is clearly a preferential buying opportunity, the Buyer should be aware that no investment or return on investment is ever guaranteed. No representation is being made that your investment or return on investment will be the same as or resemble the examples shown above. In fact, no representation is made that there will necessarily be any return on your investment. The examples are just one of many possible investment outcomes and are for purposes of illustration only. The Buyer investment, in this case, is in a project to be constructed. Although the expectation is that this project will be built as planned, we make no representations or promises that the project will proceed as planned. Investor funds will be held in secure escrow/trust accounts and all funds will be returned in full, without interest in the event that the project is cancelled. 

    The information herein is merely illustrative and promotional in nature, and does not represent a  guarantee or specific warranty regarding any particular Property info. No representation is made as to the success of any project, the ability of a purchaser to find a buyer, or that the prices within a particular project will rise. Real estate buyers should understand that if held for investment purposes, there is a risk that returns from other investment vehicles — such as a stock, bonds or other property — could be higher. Accordingly, there is no guarantee that a pre-construction purchase reservation represents the best possible investment relative to other possible uses of a buyer's money. Buyers should do their own due diligence and consult their own investment and tax advisors about the suitability of a pre-construction purchase reservation for their particular needs and situations. The purchase of a pre-construction is a purchase of a particular personal use real estate unit. Accordingly, it is not intended to constitute a security.

    The information provided here are calculations only. The rates, revenues and returns are expected estimates only based upon the analysis of market conditions and hotel & hospital management activity in the Local areas. 

    East West Developments makes no recommendations whatsoever with regard to the decision of any prospective buyer to purchase a unit by the developer, other than to recommend to any prospective buyer that he/she should consult with his/her independent investment advisor, tax consultant and legal counsel.

    East West Developments disclaim any responsibility for the project to complete, or performance and makes no warranty, express or implied, as to the percentage of return of investment to any purchase of property.

    East West Developments is not registered with the Securities and Exchange Commission, or licensed by the National Association of Securities Dealers of USA.  East West Development is an International Partner organization in locations not in USA, and their International Developments are not in USA. East West Development properties are not offered, advertised or available in USA. Properties are for personal use of the Buyers and are not Securities.

     To get a written quote: Click: Enquiry.    To apply for a unit: Click:  ApplyOnline. 

    We have a limited number of studios being released, so if you are interested don't delay and miss this exciting opportunity! Pre-Launch.  Priority will be determined on a first come, first serve basis. 

    Please review the information about this exciting pre-construction opportunity. There is going to be Billions and Billions spent on the redevelopment of this region and you are getting a chance to get in early on one of the premier developments in the area. 

    As with all projects we present, this at very early in the process. We are able to give you the "insider" track on being a part of this exciting developer direct project. 


    If you have additional questions or would like to apply for  a condo hotel unit, please contact: 
    info@eastwestdevelopments.com


    All rights reserved. No portion of this data sheet may be reproduced without the express written permission of East West Developments. Although East West Developments believes the information contained in this data sheet to be accurate and complete, East West Developments can make no such guarantee. 

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