Inspired by the warmth of home and the love of lavish living, SEVIC PDC brings you a paradigm of urban living; aligning the finest elements into developing LekkiVale Estate in Ibeju Lekki. LekkiVale Estate succinctly captures the heart of luxurious, scenic living in one location – Lekki Free Trade Zone, Dangote Refinery Lekki, La Campagne Tropicana Beach Resort, Deep Seaport and many more. From our prime homes optimized to deliver exceptional comfort, to our secure lush lands. LekkiVale is an aspiration of ALL home patrons across the country.
LekkiVale creatively blends nature and modern architecture. Here, stylish apartments overlook lush greeneries, skillfully demarcated by well-paved roads and magnificent street lights. Our homes are fully constructed and finished.
WHY CHOOSE LekkiVale Estate?
LekkiVale Estate is located in one of Lagos’ fastest growing regions at Ibeju Lekki. Lekki is fast transforming into West Africa’s most successful and prosperous residential zone. This economically thriving zone is home to some of the finest schools, restaurants, hospitals and road network systems in Lagos. Owning a home at LekkiVale Estate places you at the centre of it all.
Education and Workforce
The Lekki region is home to some of the best primary and secondary schools in Lagos like the Greensprings School, Corona Schools Lekki, Pan-Atlantic University, and Lagos Business School (LBS) amongst others.
The Lekki region is home to some of the most highly qualified workforce is Lagos, making it a great location for networking.
Nearly 50% of Lekki – Ibeju Lekki’s residents are employed in high-value knowledge jobs
Ibeju Lekki is recognized as a fantastic and serene place to live and raise a family.
LekkiVale Estate features
Finance and Business
LekkiVale Estate is strategically located to provide unprecedented connectivity to Sangotedo, Lakowe, Ikoyi, Victoria Island, Lagos Island, Lekki and the rest of Island.
The Ibeju Lekki area is just a few kilometres from the bustling commercial streets of Lekki and Victoria Island; both of which are Lagos’ commercial centres.
Ibeju Lekki is filled with branches of various banks, with ATM spots easily accessible.
Easy and fast connectivity to the rapidly growing Ibeju-Lekki region.
Lifestyle
LekkiVale Estate is strategically located on the Lekki corridor, bordered on the West by Lekki Free Trade Zone, Dangote Refinery Lekki, La Campagne Tropicana Beach Resort, Lakowe Gulf course, Funtopia Park and the Atlantic Ocean to the South. LekkiVale Estate gives you all it takes to experience a vacation on a regular day.
Excellent Connectivity
LekkiVale Estate benefits from excellent road connection to the Lekki-Epe Expressway way linking to Lekki, Ikoyi, Victoria Island to the west and Epe to the east. LekkiVale Estate is essentially a convergence of two rapidly growing economic strongholds of Lagos; Lekki and Ibeju-lekki.
CAPITAL GROWTH
…a brilliant new way to invest in real estate
Nestling between the thriving Lekki V.I region and the emerging Ibeju-Lekki area is a 10km2 site in the heart of LekkiVale Estate currently undergoing an incredible metamorphosis.
LekkiVale Estate offers you a once in a lifetime investment opportunity with a possible ROI of 20% in just two years.
Here’s how:
Location:LekkiVale Estate is located in rapidly developing region with existing infrastructure like the gatehouse, roads, paved roads, working drainages, power, clean water, 24-hour security patrols, and the serene beautiful golf course.
LekkiVale Estate is also a few kilometres from the emerging Ibeju-Lekki region, which is expected to generate over than 70% of Lagos wealth by 2025. Easy accessibility to Victoria Island, Ikoyi and the rest of Lekki.
Occupancy Rate: LekkiVale Estate is located within Ibeju Lekki with an estimated occupancy rate of 60%, half of which is being constructed. The region has a high occupancy rate with most of its houses and lands selling out within a period of 12 months; coupled with the annual population influx rate of 3.2% in Lagos and the projected 800,000 expected to move to Ibeju-Lekki.
Security: LekkiVale Estate offers a solid and safe investment option with a valid C of O. Authentic and hassle-free property documents.
Flexible payment plans: 10% initial payment and balance spread over 12 months.
LekkiVale Estate Features
There’s never been a more perfect time to invest in real estate.
Comparison between investing in LekkiVale Estate and Money Market Instruments.
*This table below shows the proposed ROI on LekkiVale Estate in comparison to Treasury bills and Time Deposits.
Year 1
Year 2
Year 3
Year 4
Avg. Yield
Yield on outright purchase
14%
22%
28%
35%
21.75%
Yield on instalment purchase
12%
19%
23%
28%
18.25%
Yield on Treasury Bills
13%
14%
13%
14%
13.5%
Yield on Time Deposits
10%
11%
12%
10%
10.75%
ROI ASSUMPTIONS
Time Deposits interest rates are set at the Banking sector average of between 10-12% for 365 days
Treasury Bills interest rates are set at CBN average at 13.5% for 365 days
ROI on LekkiVale Estate increases yearly in response to value appreciation and an increase in demand for houses in the region.
Immerse yourself in true moments.
Here, neighbours become friends, moments turn into memories and weekends feel like holidays.
Every aspect of LekkiVale Estate radiates a lifestyle of sheer relaxation and soft elegance, well deserving for you and your family.
From our modern buildings to our unmatched amenities offering:
A central connection of treated running water
24 hours centrally generated power supply
Well paved roads and covered drainages
Top notch 24 hours security and access control
Sewage treatment
Green areas and Kids Park
Swimming pool
Clubhouse
Green escape
…revel in peace and tranquillity.
Drive from the uproars of city life into a veneer of nature. Here, rich horticulture flow within the large spaces between buildings.
GETTING AROUND
Getting to and from LekkiVale Estate couldn’t be more convenient given its strategic location. LekkiVale Estate is a 10 minutes’ drive from the Lekki-Epe Expressway, which connects to the rest of Lekki, Ikoyi, V.I and Lagos Island environs. It offers quick access to public transportation and only 30 minutes from the proposed Lekki airport.
With over 200 plots available at LekkiVale Estate. The plot sizes here range from 450m2 to 600m2. Don’t miss out of this unique opportunity to build your dream home or get the ultimate real estate investment. LekkiVale Estate has a valid C of O, making this property truly remarkable.
A VIBRANT, SIZZLING NEIGHBOURHOOD
In an area brimming with life and colour, your neighbourhood is a reflection of the fountain of youth, a thriving economy and the fresh familiarity of nature. Choose an apartment from a variety of arrangements and be a part of a neighbourhood that offers something for everyone.
Stunning Architecture
LekkiVale Estate showcases ultra-modern, power saving architectural structures, designed to deliver world-class housing standards. At Sevic PDC, we offer you SIX free architectural designs to choose one from. This is to eliminate the lengthy and stressful process of conceptualizing, designing and building your dream home. Our unique designs save your money, spares you time and take you one step closer to the development of your home.
Your hopes of LIVING IN A MASTERPIECE – begins with ONE DECISION.
Sports / Recreation Area
In addition to our beautifully structured community, LekkiVale Estate strikes the perfect balance between Work, Life and Play. Our multi-sporting centre is equipped with a gymnasium, pool, tennis court and basketball court. Our goal is to give you the opportunity to explore, get physically active with friends and family.
At LekkiVale Estate, we make your weekends feel like a vacation. Our generously placed gardens and green areas give you the soothing aroma of nature. You get to invite friends over for a game, get the family around for a barbecue or simply stroll down the serene walkways. Here, nature is a step away.
Well Planned Layout
LekkiVale Estate is carefully structured and designed to deliver a holistic living experience. We have positioned jogging trails, strategic green zones and a commercial centre at the heart of the estate for easy access and shopping. It promises to meet your every need, placing street lights along the pavements and daily maintenance of all common area.
ACCESS CONTROL & TOP NOTCH SECURITY
We offer a 24/7 state-of-the-art security system, you can truly have peace of mind and the best in secure living. Our security system includes:
Lagos is no stranger to housing deficit in Nigeria and real estate challenges. The state is estimated to require about three million housing units to resolve its growing housing deficits. In a bid to tackle this housing and real estate challenges, the Lagos State government has set in motion, plans to provide 20,000 units of houses across Lagos state.
However, the growing number of unsold housing units in certain areas tell a different tale about the growing housing deficits and real estate obstacles. It appears that the problem isn’t so much lack of housing but lack of affordable housing. Some properties remain in the market for years and even months without a buyer. Areas like the Banana Island, Ikoyi and Victoria Island tend to command high property prices with some properties accepting foreign currencies as payment. While the supply for the high-end property has seen a steady rise, the demand for these properties hasn’t risen proportionately to its supply.
This is partly due to the recent recession, fall in oil prices, weakening of the naira against the dollar, a high cost of land and building cost. In addition, financial institutions and mortgage firms are lagging behind in providing adequate buying support. As a result, these high-end properties are shunned for more affordable alternatives, further deepening the housing challenges.
A close examination of the real estate market in Lagos shows that, although there’s a growing demand for homes, the real demand is for affordable homes. Affordable housing is fast becoming out of reach to the medium to low income earners, who are unable to keep up with the high costs of rents and houses.
LekkiVale Estate features
At Sevic PDC, we’ve carefully identified these loopholes and we’re developing houses to tackle the average Lagosians’ housing and real estate challenges. In developing residential developments, our main focus is affordability, comfort and sustaining world-class standards. All our estates are developed with the comfort and pocket of the average Lagosian in mind. We’ve set in motion the following strategies to make your dream home a reality:
Mortgage Plans
We are partnering with various mortgage institutions to provide a sustainable system where home buyers can readily access finances and choose a mortgage plan that best suits their budget. At Sevic PDC, your dream of owning a home is one call away through improved mortgage plans.
Off-takers Advantage
Rome wasn’t built in a day; just like your dream house isn’t going to be built in a day. Our homes are built to suit your taste and your specifications. We let you choose the type of house you want in the desired location. The added advantage of value appreciation is, after your house is been fully constructed, it appreciates by at least 10%.
Location Advantage
Whether you’re a business person, a single person, a full-time worker or a stay-at-home mom, we all want our homes to be comfortable and luxurious. When it comes to choosing where to live, several factors come to play other than the building itself. So far, Lekki emerges as one of the most suitable locations to live in Lagos. Lekki offers proximity to good schools, restaurants, malls, hangout spots and churches making life comfortable and convenient.
LekkiVale Estate features
All our estate imbibes comfort and luxury, providing the following amenities:
24-7 Power and water supply
Exceptional view of refreshing green areas
Street Lights and paved roads with provision for jogging trails
Well-Landscaped Areas and Green Recreational Areas
Fortified Security
Fully equipped gymnasiums, tennis court and basketball court
Young, dynamic neighbourhood.
Most of our constructions are ongoing. Check out our top selling estate at www.lekkivale.com
Your next house is just one call away. Call us today 09081234564, 09095757575 and we’ll walk you through the entire process of picking your dream home at the most affordable rates in Lagos.
You can also email us at info@sevicpdc.com and a representative will attend to you.
Urban living can subject you to a boxed life. From a box-like room to a box-like car to a boxed office environment with little or no greenery. There’s increasing proof to correlate nature and mental wellness in humans. Several studies show that people who spend time in a greenery experience the feeling of enchantment and relief.
Here are some fascinating benefits of nature on your health and longevity:
Mental health
A study done in the Netherlands found that people who had access to green spaces in their neighbourhood reported better mental health, a better quality of fresh air and generally felt happier than residents in high-rise buildings with little or no greenery. More research links green spaces, particularly those that feature water parks with emotionally stable residents. If you’re looking to be calmed by nature’s soothing touch, choose a neighbourhood that has green spaces. A walk in the park might just take the edge off on rough days.
Nature can reduce your Stress
Some days come packed with stress. Sudden changes like ill health, challenges in a relationship, death or even loss of a job can induce high levels of stress. A report showed that people report to feeling at ease when they spend time in a quiet, green park. Spending time in nature is reported to lower stress experienced in handling every day’s challenges. The New York Times revealed that even having a window that views rich greenery increases feelings of well-being and helps alleviate stress.
Nature can boost your Immune System
It has been shown that there are over 20 established pathways between overall health and exposure to nature. Several studies suggest that exposure to nature can protect you from diseases like depression, diabetes and cancer. Yet, how nature protects you from these illnesses remains unclear. It appears our human bodies seem to do much better in green areas. Imagine taking a run every morning in between rich horticulture, inflating your lungs with refreshing air.
Nature can help you recover from Illness
It’s been observed that patients in hospitals with gardens show signs of quicker recovery from illness than patients with minimal exposure to nature. Being in a natural setting decreases cortisol levels – the stress hormone – and reduces systolic blood pressure. Thus, improving sleep patterns and aiding recovery and better health.
Nature can increase your Energy Levels
According to the most recent coffee statistics from the International Coffee Organization (ICO), we pour about 1.4 billion cups of coffee a day worldwide. Most people rely on caffeine and other energy boosters to kick-start the day. A study carried out by the University of Rochester reveals exposure to nature can increase energy levels and make you feel more alive. If you find yourself struggling to stay up in the morning or need extra boosters, it might be an indication to increase your exposure to nature to gain a greater sense of vitality. Ultimately the goal is to attain better health and well-being. As such, prioritizing outdoor time in nature should be top on your list.
Lekkivale Estate and Ottalakes Country homes revolve around nature. Ottalakes literally encircles a lake. We have designed our estates to strategically placing green areas to the benefit of all our residents. We’re taking one step at the time to change the conventional boxed way of life by reinventing modern housing and placing nature at the forefront of our developments.
Call us today on 09081234564, 09095757575 to book a site inspection in any of our Estates.
Wednesday, March 13, 2019 was a gloomy day for Lagos particularly, for the residents at Itafaji. A total of 20 persons reportedly died from the Lagos School Building Collapse. The collapsed four-storey building is said to be holding residential apartments, a shopping complex and a nursery and primary school. These dear souls lost their lives from the crushing weight of the building, leaving many families and onlookers wailing helplessly.
Luckily, about 45 survivors were reported. Most of them were rushed to Lagos Island General Hospital, were they received urgent medical attention, paid for by the Lagos state government. However, the question of everyone’s mind is, why was a building marked for demolition still up and functional? Why isn’t there a routine check for venerable buildings in Lagos?
How many more people do we need to lose before tackling poorly constructed buildings in Nigeria?
It’s worth noting that, this isn’t the first time a building would collapse killing innocent victims. That same week on Friday, March 15, a building collapsed in Ibadan, Oyo State. Thankfully, there were no fatalities.
On December 10, 2016, a church collapsed in Uyo killing over 200 people in the middle of a packed-full Saturday service. On May 2016, a four-storey shopping complex collapsed in Ogun State, leaving many dead. Sadly, this trend of collapsed buildings is fast becoming the norm in Nigeria.
Warning Signs of a Collapsed Building
Several factors could cause a building to collapse like an earthquake or earth tremor, an act of terrorism, flooding, landslides and other natural disasters and the most avoidable – structural failure. Structural failure is arguably one of the primary causes of building collapse in Nigeria, which makes it all the sadder because this can be prevented. The truth is, we can’t depend on the government to guarantee an incident like this doesn’t occur again. We all need to play a part in safeguarding our wellbeing. Here are four warning signs of a building at the verge of collapsing.
Cracks in the wall
Huge cracks in the walls of a building are an indication of a fall waiting to happen. A crack normally surfaces when the building is unable to accommodate the weight which it’s subjected to. This could be as a result of overloading, faulty construction or design and the use of inferior building materials in constructing the building. Although not all cracks signify an imminent building collapse, it’s important to be on the lookout for buildings with major cracks in its walls.
Dilapidated Buildings
A dilapidated building is a building whose physical life has expired, i.e., the building becomes unfit for use due to natural decay or the lack of proper maintenance. The Lagos school collapsed building could be best described as a dilapidated building. A local resident reported that the building had been marked for demolition since last year but the officials who had marked the building failed to show up again. So, people went on occupying a building that was essentially expired. Sadly, there are many dilapidated buildings around Nigeria which are old, never been maintained and fully operational. If you notice the property you live or work in is poorly maintained or revealing signs of natural decay, it’s best to move out or avoid the property.
Structural Dampness
Structural dampness is the retention of unwanted moisture in the structure of a building. This is either due to moisture penetration from outside or condensation from within the structure. Changes in climatic conditions- high level of humidity – is the prime reason for damp problems in buildings. Typically, buildings are required to be constructed to resist dampness and moisture penetration but, it is not always the case.
You can tell a building is damp if you notice damps walls, causing the palter and paint to deteriorate; stains from water on the walls; formation of the mould; leaky roofs. Dampness doesn’t only cause secondary damage to a building, it can also have health effects on the residents. You’d likely notice these signs during the rainy season, look out for them.
Bad foundation
The foundation is the most fundament part of a building. A building is as strong as its foundation so when the foundation is faulty, the building should be red-flagged. Here are visible signs of a bad foundation:
Foundation cracks, wall/floor cracks
Gaps around window frames or exterior doors
Uneven or saggy floors
Doors that don’t open and close properly
A foundation slab that has moved upwards or appears to be sinking
Water intrusion and retention.
If you notice any of these signs, it might be an indication of a faulty foundation.
To conclude, we spend more time in buildings than we do outdoors. While it could become routine to hop in and out of a building, we need to put more efforts into investigating the nature of structure we dwell in or send our kids to.
Call in today for a free guide on how to evaluate the fitness of a building on 09081234564/ 09095757575 or send us an email at info@sevicpdc.com
