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expr:content='data:blog.isMobile ? "width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0" : "width=1100"' name='viewport'/> Jaiyeorie — What’s happening | Why It Matters : Photos Of Eko Atlantic And How Much It Costs To Get A Land

Photos Of Eko Atlantic And How Much It Costs To Get A Land

Eko Atlantic is finally seeing light of day after much work, energy and lots of investment both from the government and from the private sector. Recently, Eko Pearl Towers became the first home and the first building completed in this magnificent city. One thing that Eko Atlantic seems to be giving attention to exile, is because of the evidence that the land has been reclaimed from the sea and thus ensures that the premises are properly transported and to prevent a flooded city . Eko Pearl Towers, the first home improvement in Eko Atlantic City, is a set of high-rise, privately-owned and developed by the leading Eko Pearl Construction Company. The development located about 500 meters away from the financial center of Lagos in Eko Atlantic City, consists of five high-rise residential quarters, each with deluxe penthouse types, two and three rooms - apartment that shows a luxurious home experience with views of Lagos Lagos coast. Eko Atlantic is finally seeing light of day after much work, energy and lots of investment both from the government and from the private sector. Recently, Eko Pearl Towers became the first home and the first building completed in this magnificent city. One thing that Eko Atlantic seems to be giving attention to exile, is because of the evidence that the land has been reclaimed from the sea and thus ensures that the premises are properly transported and to prevent a flooded city . Eko Pearl Towers, the first home improvement in Eko Atlantic City, is a set of high-rise, privately-owned and developed by the leading Eko Pearl Construction Company. The development located about 500 meters away from the financial center of Lagos in Eko Atlantic City, consists of five high-rise residential quarters, each with deluxe penthouse types, two and three rooms - apartment that shows a luxurious home experience with views of Lagos Lagos coast.
It costs to own a plot or a piece of land at Eko Atlantic, AutoReportNG was able to make some findings and we can confirm to you that it’s not for the faint-hearted.


 According to the management…


EKO ATLANTIC CITY PRICE OF PLOTS AND OTHER RELEVANT INFORMATION
As at 2010, plots of land are reported to cost the following but we are not too sure if there are lands and also if it has been upgraded…
“Plots are currently available for sale. Plot sizes start at 2000 square meters and up, and have a starting price of $825 (#302,000) and go up to $1660 (#606,000) per square meter (please note we do accept the equivalent in Naira). Prices are determined by where your land is in location to water.
Yes, you can make down payments. Our payment plan is simple and straightforward. In Phase 1, which is expected to be sand filled by the end of this year or beginning of next, is 50% down payment and 50% when you receive your land. In phase 2 and on, it is 25% down payment, 25% in the 1st year and 2nd year anniversary, and the last 25% when you receive your land.
We expect developers to build up in Eko Atlantic. Taller building serving the needs of residential, commercial, retail, and office space. The city is zoned mixed use. Developers can build to their plan, so as long as it adheres to the rules of our planning department.
Basic infrastructure will be ready by the time developers begin building. I would like to add that we are providing the infrastructure and that you will not need to provide your own.
The project is proceeding as planned, and we are on target to meet our goals”.
(Please note this was quoted in 2010 when inquiries were made, we can’t confirm if this still holds or remains valid till now)
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