Firm introduces life-cycle assets
To meet the housing needs of new generation of young home seekers, one of Nigeria’s leading real estate firms, Cadwell, has introduced a new product tagged ‘life-cycle assets’.
The product is aimed at helping new and matured generation find the right path for homeownership.
Head, Concepts and Marketing, Nekpen Emokpae, said the new concept is envisioned as a place for homeowners to ‘Live, Earn and Transfer’ (LET),
He said: “Recently, we examined the market, identified the imbalance in demand and supply, and came up with a noble idea to correct the market unevenness which effectively made us reshape and rescope our product concept and design”.
“Homeowners will live in their homes be it a mansions, villas or townhouses at a prestigious and most sought after secured locations such as South East and South West Ikoyi, Banana Island, Victoria Island, Lekki, Ikeja GRA, and Abuja,” he said.
Emokpae noted that prospective homeowners could potentially earn annual rental income whilst living in their homes and watch their investments grow in value overtime, and transfer assets to their loved ones/family members as an inheritance and have their wealth outlive them.
While urging Nigerians to always seek opportunity in real estate regardless of the mood of the economy and take advantage of the new concept, Emokpae also noted that the economy is on the upswing; hence, it is the best time to invest.
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