I live in Ikoyi – Tenant Ola, I live in Lekki – Landlord Mike | Welcome to Linda Ikeji's Blog

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Saturday, 2 May 2015

I live in Ikoyi – Tenant Ola, I live in Lekki – Landlord Mike

This is the story of two close friends; both of them want the best life could offer. Ola believes so much in today and whatever the future brings he will manage, Mike believes in the future and whatever today brings he will manage. (A wise man is someone who will not do what others will do now to do what they can’t do tomorrow)

Ola and Mike got a well paid job and so they have to live up to it as big boys in town, 5years ago an offer was given to them to buy a piece of land in Lekki for 5m. 

They went to inspect the place together while ola did not really love the idea, because he so love ikoyi and want to live there no matter the cost I mean no matter the rental cost (because he can not afford ikoyi mansions). Mike saw his future and keyed in immediately.
5years down the line........... 

Ola has paid 5m(year 1) + 5m(year2) + 5m(year3) + 5.5m(year4) + 5.5m(year5) that’s 26m in total for his rental apartment.  You will notice the increment in the rent at year4 you can trust a Nigerian landlord in that, they have masters and PhD in Rental Increment.
Mike has paid 5m(the land(year 1)) + 12m(the building(year 2)) + 0(year3) + 0 (year4) + 0(year5) Total of 17m 
Today ola is pleading with mike to help him get a land around and you can imagine the cost, its just 22m for tenant ola after spending 25m for rent for 5years.
Here come our offer for our Four Projects

Own A Plot in Lekki-Ajah Axis with 500k or 1m Deposit
Lekki Southern Villa phase 1 is just 12 minutes drive from VGC. The Estate is at strategic proximity with major Developments and Estates like Emperor Estate, The New Shoprite, Fountain Spring-Ville, Diamond Estate, Pearl Garden, and the Monastery.

Lekki Southern Villa phase 2 is at shapati town, just behind the Beechwood estate and also few minutes away from Mayfair gardens and Lakowe lakes. it is actually 18-20 minutes drive from VGC.
PEN Gardens phase 1 is at the most talk about Lekki free trade zone which is the new investment, business & tourism haven of Lagos State, particularly in line with the Mega-City status of Lagos.

PEN Gardens phase 2 is located near the new Lekki Airport in Ibeju-Lekki
 
For Details and Flexible Payment Plans

Call us today for enquires and to book for a site visit.

08032692429,  08032692422,  08022115550, 08122493114, 08122493117,  

Please, feel free to check on us at our office
www.pennek.com
info@pennek.com
Rd 5.Suite J149,
Ikota Complex, VGC - Lekki

24 comments:

  1. Cool story!
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    Signed
    DeoGratias

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  2. Cool story!
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    Signed
    DeoGratias

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  3. Cool story!
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    Signed
    DeoGratias

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  4. Nice investment for the future

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  5. Their calculations is not altogether correct?! The so called Mike that bought the land at Lekki, was he not paying rent somewhere else before he completed the house? Did he packed into the bare land he bought and started living there?...... But it's a good idea to invest in real property sha!!!

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  6. Suck he's dick 3 times a day in exchange of gbala gbala burukutu,i hope he will appreciate that most.

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  7. This is great innovative idea. Thumbs up to (hem, and more power to their elbows.

    They failed to mention d other charges that wil is accrue monthly when u start living there. Big man big problems.

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  8. This is great innovative idea. Thumbs up to (hem, and more power to their elbows.

    They failed to mention d other charges that wil is accrue monthly when u start living there. Big man big problems.

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  9. I'm very sure there is more to this.

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  10. Issokay, seen. Linda take note!

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  11. Interesting. I hope its real.



    #TeamBlessed#

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  12. a.k.a EDWIN CHINEDU AZUBUKO said...
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    Oky seen....
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    ***CURRENTLY IN JUPITER***

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  13. We are assuming they both earn the same amount and live in the same neighborhood. This is to ensure that all fingers are equal. For Mike, we need to include 17m plus cost of rent for those 2 years which is 17+5+5 = 27m.

    Then we factor in the cost of the loan because after Mike pays his rent, he doesn't have cash down to pay for the land. This will still be deducted from his monthly pay. Can his monthly pay accommodate it?

    Let us beware of half information before you jump into a project that will swallow one. Also, the areas he is mentioning is so far from VI that the amounts they are asking for the land is too expensive.

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  14. #but why Ola
    *iyawo Obama

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  15. make sense if they are for real

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  16. We coming there

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  17. I guess its only available to "the big Boys" Please we are interested in affordable housing for all. Can an average Nigerian afford the prices you are calling here?? I have always said no matter how much money you think you have if you are sourrounded by poverty, you are also poverty stricken. No amount of RR's or Bentleys can change that fact. We need affordable housing for the masses.

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Disclaimer: Opinions expressed in comments are those of the comment writers alone and does not reflect or represent the views of Linda Ikeji.

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