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Classic Home in Africa

Hurry!

Olympic VillageLondon now selling

Be one of the few to purchase!

Why Invest in Nigeria?

BPE investors Forum for Eclectic privatization held in London

Vladi Private Island getaway

We can help source property of your choice. We provide an armchair investment opportunity. We can assist to arrange a mortgage with UK

Bank that provides mortgage for Nigerians living in Nigeria

“Want to buy a home or Investment property in the UK?”At competitive rates with equity contribution of 40% And Tenures of up to 10 years

Contact: Global Homes Magazine 17 Ensign HouseAdmiral Way, Canary WharfLondon E14 9XQ

Tel: +44 2078637820, Fax: +44 2078637510Email: [email protected]

GLOBAL HOMES MAGAZINE SPRING 2011

C O N T E N T

M A G A Z I N E

Classic Home in Africa

Group Publisher/Publisher-in-Chief Roni Akins

Associate PublisherPeter Akinmejiwa

EditorPatricia Walker

Distribution Manager (Nigeria)Timothy Chinedum

Contributors

Kehinde OlalekanNIPC

Lee Jones, Leah Milner

Omobayonle Akinmejiwa

Global Homes Magazine UK Corporate Office:

17 Ensign HouseAdmiral Way, Canary Wharf

London E14 9XQTel: +44 2078637820, Fax: +44 2078637510

Email: [email protected]

Nigeria:Tel: +234 8131179245,

8137019787,8033338915Email: [email protected]

Ghana: Ghana: +233 244937935

Email: [email protected]

Investment 4Amen Estate 6Architecture 7

|COVER STORY|Vladi Private Island getaway

Why invest in Ni-geria ?

BPE Investors Fo-rum

DUBAI | SOUTH AFRICA | PORTUGAL | KENYA | NIGERIA | GHANA | SPAIN | AND MORE >>

SUBSCRIBE @ WWW.GLOBALHOMESMAGAZINE.COM

GHM - NIGERIA

S P R I N G 2 0 1 1

GHM - OVERSEAS

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4GLOBAL HOMES MAGAZINE SPRING 2011

Welcome to our latest issue of Global Homes Magazine. We are still in the era of the famous ‘Credit Crunch’, and everyone has been touched in one way or another. The good news is that investors are still looking far and widefor investment opportunities.

Africa is a continent full of natural resources, and investors and foreign com-panies are now tripping in by the dozen. Africa in turn needs to be ready to ac-commodate and embrace this opportunity, hence the need to let investors know the process for alleviating any issues or worries. The NIPC has been set up by the Federal government to ease and cushion the visits and trading of foreign companies via a ‘One Stop Shop’.

Global Homes Magazine and its team salutes President and Commander in Chief of the Federal Republic of Nigeria Dr Goodluck Ebele Jonathan GCFR and Arc. Muhammad Namadi Sambo GCON, Vice President and wish them every success.

We also thank all those involved in making the election a successful one.

Spring is here and summer is fast approaching. When booking a holiday whynot have a look at Vladi Private Island getaway, highlighted in this issue.

There has never been a better time to buy property in the UK. With the 2012Olymic games almost upon us, Global Homes Magazine can help to make yourdecision to purchase property in the UK virtually hassle free.

Happy Read

PUBLISHER’S NOTES P R I N G 2 0 1 1

For the L ve of Real Estate

“I am the basis of all wealth, the heritage of the wise, the thrifty and prudent. I am the poor man’s joy and comfort, the rich man’s prize, the right hand of capital, the silent partner of many thousands of suc-cessful men.

I am the solace of the widow, the comfort of all age, the cornerstone of security against misfortune and want. I am hand-ed down to children through generations as a thing of greatest worth. ..

I am real estate” - Lou Scott

“

GLOBAL HOMES MAGAZINE SPRING 2011 5

GHM - NIGERIA

Why invest in Nigeria?

Abundant Resources: Nigeria has enormous resources, most of which are yet to be fully exploited. They

include mineral, agricultural and human resources. • Large Market: Nigeria offers the market in sub-Saharan Africa, with a popu-lation of about 140million as officially de-clared by the government. The Nigerian market potential also stretches into the growing West African sub-region. • Political Stability: Nigeria offers stable political environment. • Free Market Economy: The Gov-ernment has created a favorable climate for business and industrial ventures. Ad-ministrative and bureaucratic procedures have been greatly streamlined. The Gov-ernment has put in place policies and programmes that guarantee a free market economy. • Robust Private Sector: The coun-try has a dynamic private sector, which has assured greater responsibilities under the new economic environment. • Free Flow of Investment: Ex-change control regulations have been lib-eralized to ensure free flow of international finance. There is now unrestricted move-ment of investment capital. • Attractive Incentives: A compre-hensive package of incentives has been put in place to attract investment. • Fast Growing Financial Sector: There is well-developed banking and fi-nancial sector. The investor has easy ac-cess to working capital and other credit facilities. • Skilled and Low Cost Labour: There is an abundance of skilled labour at an economic cost, resulting in production costs, which are among the lowest in Af-rica. • Infrastructure: Rapid develop-ment of physical and industrial infrastruc-ture, in terms of transportation, communi-cations, electricity and water supply. Nigeria is Africa’s foremost business des-

tination second only to SA. Its currency is the Naira. N1.00 is approximately N127USD. The country operates a market economy dominated by crude oil exports with the revenue earnings from the sector accounting for 90% of forex earnings and 65% of budgetary revenues. Other exports are cocoa, palm oil, groundnuts, cotton, timber and rubber.Nigeria’s imports are in the region of $14.54billion USD. Import commodities include machinery, chemicals, transport, equipment, manufactured goods and live animals.In recent times, focus is being directed at non oil exports and agriculture, which presently accounts for 30% of the GDP, to diversify the economic base. Opportuni-ties exist for the exploitation and export of natural gas, bitumen, limestone, coal, tin, columbite, gold, silver, lead-zinc, gypsum, glass sands, clays, asbestos, graphite, and iron ore, among others.The Government has been pursuing eco-nomic reforms marked by the privatization and deregulation which seek to transfer state ownership of institutions to the pri-vate sector and so engender efficiency n the productive sectors of the economy .These are well articulated in The NEEDS programme. The reforms have led to an ex-plosive growth in the telecoms sector after years of stagnation. The GSM has trans-formed the economic terrain creating em-ployment and oiling the operations of busi-nesses in Nigeria. The country is traversed by a network of primary and secondary roads, and has 4 international airports, and 6 seaports. It also boasts 12 television stations as all states of the federation have National NTA and a state television in ad-dition to some private TVs. You also need to mention NIPC as a gov-ernment policy that liberalised the econ-omy by allowing 100% foreign ownership and free repatriation of profits and devi-dents when you come.

12 Television stations and 25 National newspapers. Its internet country code is .ngNigeria, officially the Federal Republic of Nigeria, is a country in West Africa and the most populous country on the African con-tinent. Nigeria shares land borders with the Republic of Benin in the west, Chad and Cameroon in the east, Niger in the north, and borders the Gulf of Guinea in the south. Since 1991, its capital has been the centrally located city of Abuja; previ-ously, the Nigerian government was head-quartered in Lagos.The people of Nigeria have an exten-sive history, and based on archaeological evidence, human habitation of the area dates back to at least 9000 BC. The Benue Cross River area is thought to be the origi-nal homeland of the Bantu migrants who spread across most of central and southern Africa in waves between the 1st millenni-um BC and the 2nd millennium AD. How-ever, the Nigerian state came into being on October 1, 1960 when Nigeria declared its independence from the British and at pre-sent consists of 36 states and the federal capital territory. Nigeria re-achieved de-mocracy in 1999 after a sixteen year inter-ruption by a series of military rulers. From 1966 until 1999, Nigeria had been ruled (except the short lived second republic, 1979 1983) by military rulers who seized power in coup d’états and counter coups. Today Nigeria is a democratic country with tremendous market and investment oppor-tunities.Geography: Nigeria lies within three cli-matic and geographic types: equatorial in the southern reaches, tropical in the central area and arid in the north fringe giving rise to rainforest, savannah and desert vegetations respectively. Nigeria is bisected by rivers Niger and Benue which merge at Lokoja, then cascade southwards to form the tributaries and creeks of the Ni-ger Delta.

www.nipc.gov.ng

Engr. Mustafa Bello FNSA

(Executive Secretary/CEO NIPC

COVER STORY

6GLOBAL HOMES MAGAZINE SPRING 2011 6

Fagba Housing Estate Agidingbi, Alausa, Lagos. 5 Bedroom Semi-detached Duplex @ N50m per unit. Limited number of units available, located at Agidingbi close to Ogba are completed and ready for occupation.

Contact details: Nig: +234 146 15729 Fax: +234 146 30015Email: [email protected]. www.pevronestate.com

COURTYARD : 3 Bedrooms (3 Baths) @ N40,000,000, Lekki City-Lagos.

8

Amen Estate is located near Lekki's exclusive Free Trade Zone. The estate is 12 minutes away from Africa's largest seaport, at the famous Lekki Export Processing Zone.

Hot on the heels of this exciting scheme is the develop-ment of a trade and industrial park on about 500 hectares by the government of Jiangsu Province in China.

Amen Estate is within 10 minutes of the Lagos Free Trade Zone (tax-free production, duty free import and export), and 12 minutes away from the Lekki Export Processing Zone (a completely privately owned project).

SERVICE:

• CCTV Monitoring• Efficient Refuse Disposal• Concierge Services• Security Patrol 24/7• Intercom

FACILITIES;

• Gym• Tennis Court, Football Pitch• School and Shopping Mall

PAYMENT OPTIONSStage 1; 1 MillionStage 2; Within 90days-30%Stage3 Mortgage or interest FreeInstallmental payment plan over 9months – 21 months

CONTACT DETAILS: Nig: +234 146 15729 Fax: +234 146 30015Email: [email protected]

e s t a t e

AFIN (Palace) N80M

6 Beds Detached House & BQ6 En-suite BedroomsGround floor – 224sq. M,1134 sq.M. plot, study/7th Bed4 Receptions, 6.5 Bathrooms500 sq.M. plot, 4 Receptions4.5 Bathrooms

AGBALA (Big Yard) N65M

5 Bed Detached House & BQ5 En-Suite BedroomsGround Floor – 167.6 sq. M.First Floor -217.4sq M995 sq M. plot, Study/6th Bed4 Receptions, 5.5Bathrooms

QUEEN AMINA N52M

5 Bed Semi-Det. House & BQ5 En-suite BedroomsGround Floor – 1657 sq. M.First Floor- 170.8 sq. M.630sq. M. plot, study/6th Bed,

4 Receptions, 5.5 Bathrooms

BAALE (King) N47M

4 Bed, Detached House & BQ4 En-Suite BedroomsGround Floor – 122.1 sq. M.640 sq.M. plot, 4 Receptions5.5Bathrooms

OLORI (Queen) N42M

4 Bed. Semi-Det. House & BQ4 En-suite BedroomsGround Floor- 140.1sq. MFirst Floor – 140.1 sq. M

NZE (Chief) N30M

4 Bed End Terraced & BQ3 Receptions, 3.5 Bathrooms4 Bed Mid Terraced & BQ4 Bed End Terraced4 Bed Mid Terraced


Amen Estate is located near Lekki's exclusive Free Trade Zone. The estate is 12 minutes away from Africa's largest seaport, at the famous Lekki Export Processing Zone.

Hot on the heels of this exciting scheme is the develop-ment of a trade and industrial park on about 500 hectares by the government of Jiangsu Province in China.

Amen Estate is within 10 minutes of the Lagos Free Trade Zone (tax-free production, duty free import and export), and 12 minutes away from the Lekki Export Processing Zone (a completely privately owned project).

SERVICE:

• CCTV Monitoring• Efficient Refuse Disposal• Concierge Services• Security Patrol 24/7• Intercom

FACILITIES;

• Gym• Tennis Court, Football Pitch• School and Shopping Mall

PAYMENT OPTIONSStage 1; 1 MillionStage 2; Within 90days-30%Stage3 Mortgage or interest FreeInstallmental payment plan over 9months – 21 months

CONTACT DETAILS: Nig: +234 146 15729 Fax: +234 146 30015Email: [email protected]

e s t a t e

AFIN (Palace) N80M

6 Beds Detached House & BQ6 En-suite BedroomsGround floor – 224sq. M,1134 sq.M. plot, study/7th Bed4 Receptions, 6.5 Bathrooms500 sq.M. plot, 4 Receptions4.5 Bathrooms

AGBALA (Big Yard) N65M

5 Bed Detached House & BQ5 En-Suite BedroomsGround Floor – 167.6 sq. M.First Floor -217.4sq M995 sq M. plot, Study/6th Bed4 Receptions, 5.5Bathrooms

QUEEN AMINA N52M

5 Bed Semi-Det. House & BQ5 En-suite BedroomsGround Floor – 1657 sq. M.First Floor- 170.8 sq. M.630sq. M. plot, study/6th Bed,

4 Receptions, 5.5 Bathrooms

BAALE (King) N47M

4 Bed, Detached House & BQ4 En-Suite BedroomsGround Floor – 122.1 sq. M.640 sq.M. plot, 4 Receptions5.5Bathrooms

OLORI (Queen) N42M

4 Bed. Semi-Det. House & BQ4 En-suite BedroomsGround Floor- 140.1sq. MFirst Floor – 140.1 sq. M

NZE (Chief) N30M

4 Bed End Terraced & BQ3 Receptions, 3.5 Bathrooms4 Bed Mid Terraced & BQ4 Bed End Terraced4 Bed Mid Terraced

Building Performances and Failures

People of every era are basically as-sessed from two major stand points: the tangible elements and the in-tangible elements. The tangible

element is the manifestation of human enter-prise in forms such as building, sculptures, paintings and other physical creations. The intangible element manifests itself in the form of local life patterns of people, culture and tradition. This piece seeks to x-ray the performance of building as the major source of shelter; its failure and how it affects the Nigeria people.The styles of building construction are con-stantly changing with introduction of new materials and techniques of construction and Nigeria is not an exception to this. We all know that the work involved in the de-sign and construction stages of buildings are largely that of selecting materials, com-ponents and structures that will meet the expected standards, aesthetic approval and functional satisfactions of end users, is it therefore safe to say the construction indus-try in Nigeria hasn’t perform optimally? The last decade in Nigeria has witnessed a lot of building failure which often result to the loss of lives and properties. Building failures have been attributed to the following causes: design faults (50%), fault on construction site (40%) and building materials and component failure (10%) (oyewande 1992). Stakeholder, most of the time simply passes on the bulk. The institute responsible for the regulation of training and practice of architecture, build-ing and structural engineering bares the largest proportion of the blame. These bod-ies simply blame the government, economic situation of the country and activities of the quacks. However, it is important that the issue of building design, performances and it failure be taking seriously.

The following measures are essential for the evaluation of building performance towards safeguarding against building failure.

1. It is important to retain the professionals after the design stages, to ensure strict su-pervision of projects to conform to approved design.2. Initiating a building appraisal system is important for big projects. From time to time, there should be an assessment of the build-ing to check if it meets the requirement for which it has been built for as it affect safety, comfortability and the absence of health haz-ards to the inhabitant. 3. The monitoring activities of inhabitant should also be considered to ensure the building is not subjected to frequent repairs. Sustainability of projects must be ensured for it to continue to meet the need of the present without compromising the ability of future generation to meet their needs. 4. Creating a design-build-functional life circle for the building and a facility emer-gency preparedness.

The new decade however poses enormous and formidable challenges towards ensuring a sustainable development in the country. The foremost challenge of the next decade, especially for architects, engineers, build-ers and developers will be to make a crucial transition from the present desire to push profit margin beyond imagination on pro-jects, to using the right method and method-ologies towards ensuring safe and functional projects.

As people, we must be committed towards designing and actualizing buildings that re-flect respect for our locality, the climate and lifestyle of the Nigerian people and more im-portantly a better environment.

The Nigerian Angle

By Olalekan Kehinde

Contact details: Nig: +234 146 15729 | Fax: +234 146 30015. Email: [email protected]

LocationVGC, Ajah Lagos

Details4 nos. 3-bedroom flats + 2rooms BQ each on large ground at Road 48, HSE 115 A-D. Title: Registered Deed

Price: N140million

Location1004 Flats, Victoria Island, Lagos

Details2 bedroom luxury finished flats3 bedroom luxury finished flats4 bedroom luxury finished flats

Price: N35million NetN47million NetN60million Net

LocationRoyal Garden Estate Ajah Lagos

Details20 fully serviced plots of 660 & 920 sqm combination in a private estate with amenities

Price: Call for more details

PROPERTY LISTINGS



LONEX GARDENS ESTATE Beside OPIC Estate Isheri North

Payment Terms• Full payment• The house will be available at the

completion of payment in 90days• Notice of actual time of payment

shall be issued by the Developer• Mortgage facilities available from

Union Homes or ny institution of your choice

• Individual payment plan may be discussed with the mnagement for consideration

Note:• Prices are subject to changes with-

out notice• Partly finished houses are available• FREE BLOCKS: Buy a plot and

our company will supply sandcrete blocks to complete your building subject to terms and conditions

TYPES OF HOUSE Fully Furnished Partly Furnished

3 Bedroom Apartment N19.5m -

3 Bedroom Terrace (Aster) N26.95m N23.72m

4 Bedroom Terrace(Sunflower) N32.2m N28.68m

5 Bedroom Terrace (Rosebud) N40.25m N36m

5-Bedroom Semi-Detached (2 Sitting areas, ante-room, in-built steward quarters and all room ensuite(Ambrosia)

N36.8m N32.6m

5 Bedroom Semi-Detached(2 Siting areas, ante-room, in-built steward quarters and all room ensuite(Juniper)

N45.2m N39.97m

5 Bedroom Semi-Detached(2 Siting areas, ante-room, in-built steward quarters and all room ensuite(Summer Bulb)

N41.26m N36.71m

5 Bedroom Semi-Detached(2 Siting areas, ante-room, in-built steward quarters and all room ensuite(Primose)

N46.89m N41.42m

5 Bedroom Semi-Detached(2 Siting areas, ante-room, in-built steward quarters and all room ensuite(Primose)

N50.85m N44.85m

WILBAHI ESTATE- KUKWABA DISTRICT, ABUJA

Di�erent types of houses with medium �nishing infrastructures and amenities in place.

Prices:1 Bedroom �at N16.50m2 Bedroom �at with BQ N22.9m3 Bedroom �at with BQ N29.94m4 Bedroom �at with BQ N32.07m4 Bedroom Detached with guest chalet N55m

Detail/Status:

35% Payment

Guarantees Reservation

Of Units.

Contact details:

Nig: +234 146 15729 . Fax: +234 146 30015. Email: [email protected]


1212

ABOUT UNION HOMES

Pevron Estate Ltd is now in partnership with Union Homes, a member of the Union Bank group, the leading mortgage finance institution in Nigeria and quoted on the Nigerian Stock Ex-change. Pevron Estate helps facilitates sales and mortgage for Nigerians abroad.

At Union Homes, we remain committed to sup-porting the customer’s needs with or experience in housing, and mortgage finance cutting across various segments of the market.

THE PRODUCT

The HATHS scheme is for Nigerian resident abroad. Many Nigerian are interested in own-ing a home in their fatherland but do not have a credible means of channelling their resources to achieve these objectives. HATHS is `Union Homes’ safe and convenient solution which

enables the Nigerians living abroad to actual-ize their emotive desire of owning a house in Nigeria.

THINGS TO DO

Build, Buy, Complete and Renovate Property in Nigeria

BENEFITS

• Safeandsecureapplicationoffunds• Motivatesregularhomecoming• OpportunitytoinvestnrealestateinNiger-ia• Easeoftransaction• EnhancedselfesteemandPublicPerception• Convenientandcompetitivefunding• Cashflowadvantage• Dealingswithcredibleinstitutions

WHO CAN APPLY

• GainfullyemployedNigerian livingabroador the Nigerian spouses of foreign nationals liv-ing abroad.• Non-residentsNigerians living abroadandServing the nations interest in various interna-tional assignments.• Applicantsmustbecreditworthyi.eRefer-ences from their bankers are required.• Verifiableevidenceofaregularsourceofin-come required and duly confirmed by the employer• Applicantstoprovide25%downpayments

HOW MUCH YOU CAN BORROW

• Maximumamounttobedisbursedis75%ofcostofproperty.• The loan repayment is between10-15years or before attaining the age of 60years whichever is earlier.

Mortgage For Nigerians AbroadPOWERED BY HATHS

A RELIABLE PRODUCT OF




Best Deals In Victoria Island

Best Deals In VGCThis gorgeous residence has been designed and fitted to the very highest standards. It offers the best in both value and price and to top it off,it is located in one of the prestigious residential estate most sought after in Lagos. It ‘s offer price is inclusive of a generator plant, six split air conditions, fur-niture , kitchen fittings and equipment and much more. This luxury home provides everything you need to stay healthy , refreshed and relaxed.

Features•AirConditioning,Balcony,Clubhouse,ControlledAccess/ EstateProperty,FitnessCenter,Generator/PowerService, OnsiteSecurity,Playground/Park

Features• AirConditioning,Balcony,ControlledAccess/Estate

Property, Fitness Center, Generator/Power Service,OnsiteSecurity,Playground/Park,Pool



Description of Property – 4 units of water front terrace and 1 unit 4-bedroom penthouse. Location - Plot A-23 road 2, VGC Lagos.

Location –3/5AdebisiStreet,BehindAdekunlePoliceStation,Yaba.HousingTypology: - 3-bedroom flat (all rooms ensuite) with Maids room and laundry – N29.5m 3- Bedroom maisonnette – N32m

Location – Babafemi Osoba Crescent, Off Admiralty Way Lekki Phase 1 1, 2 and 3-bedroom flat, 3-bedroom Pent house

Description of property – 4 Units of 4-bedroom terraces with maids room with external facilities such as; swimming pool, gymnasium, stand-by generating set. Location – Olushola Agbaje Street, Off Onikepo Street, Lekki Phase 1.

BPE Investors Forum

Ms. BOLANLE ONAGORUWA - DG BPE


COVER STORY


Contact details: Nig: +234 146 15729 Fax: +234 146 30015 Email: [email protected]

Consists of 19 luxurious serviced family units of 3 blocks. Location: Serene part of Surulere off Babs Animashahun along Taoridi Street for individuals who have value security, brilliant architect, com-fort and finnese in mind. Other facilities include, All rooms en-suite, Fitted Kitchen and wardrobes

for bedrooms, Granite finishes for common areas, Fire/Burglary alarm, Safety plans & Signages, Dedicated Transformers and Central Standby Generator, Borehole & Water treatment plant, Provision of Intercom con-nection to all family units, 24-hour security service, Adequate car parking service, Resident Facility Manag-ers, Ample space allocation for Gym and Creche

Modesty Court

6 unit of exquisite finished terrace houses offers four bedrooms all rooms en-suite, with additional study room and family sit out terrace plus one room en-suite boys quarters.PRICE: N 40,000,000

The 7 unit Deluxe apartments is a glamourous 3 bedroom family unit with attached boys quarters (all rooms en-suite) PRICE: N 35,000,000

There are 6 units of 3 bedroom apartments of 150sqm per unit with a boys quarter of 10sqm on the ground for each family. PRICE: N 35,000,000

ROYAL

CLASSIC

DELUXE

Safe Court LekkiN O W S E L L I N G

30 Units of 3 BEDROOM LUXURY FLATS WITH MAIDS ROOM ATTACHED

THE LOCATION:

Close to Treasure Garden of UPDCShares boundary with SPARNext to NICON TownNext to Palms Estate

THE ESTATE - 3000msq.

Adequate ParkingAmple SecurityLandscaped Lawns

Uniformed SecurityCCTV monitors10 mins. drive from V.I.

EXTERNAL FEATURES

6 ElevatorsSwimming PoolsGreen Area and Play GroundsRoads and Covered DrainagesIndustrial Borehole Treated WaterDedicated transformers

Stand By Generating SetsN40m per unitMortgage available

THE APARTMENTS - 250msq.

Ante Room – 6.43 m2Lounge/Dining – 41.65 m2Terrace – 5.868 m2Fully Fitted Kitchen – 38.75m2 Store – 4.8675m2Master Bedroom

En-suite – 34.2m22 Other Bedrooms all En suite – 64.68m2 Maid’s Bedroom – 9.4 m2Laundry area, Visitors Toilet, and, Hall.

CONTACT DETAILS: Nig: +234 146 15729 Fax: +234 146 30015. [email protected]

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Exclusive Mediterranean Island For Rent

Tagomago is one of the very few private islands in the Mediterranean which can be rented either as a family holiday resort or as a venue for business events. Above all, the island represents peace, relaxation and nature, and the guests can decide how much of the hustle and bustle of Ibiza they want.This 98 acre private paradise is surrounded by turquoise waters and unique nature. It is the perfect place for dis-cerning customers who are looking for absolute priva-cy and luxury at one of the most idyllic and privileged places in Europe. On the west coast is a bay with a pri-vate mooring. Tagomago can be rented per week or for unique events.

Rates: Depending on season:From EUR 100,000 to 250,000 per week (plus tax).Additional charge over Christmas and Easter holidays.

Rates include accommodation for up to 10 adults in 5 suites including board. Also included is a staff of 4 for the entire stay, helicopter transfers from and to the air-port on Ibiza on date of arrival and departure.

Location:Tagomago is approx. 900 m from the Ibizan coastline.

It can be easily reached from Pou des Lleó or from the popular harbour of Santa Eulalia. From there, Ibiza town is 30 minutes by car.

Accommodation:The large villa in typical Ibizan style has spacious liv-ing and dining areas and terraces on all sides ensur-ing comfort and seclusion. Five luxury suites – all with large windows, terraces and magnificent views of Ibiza and the Mediterranean – offer accommodation for ten guests. Each suite has its own generous en-suite bath-room. A sauna, large swimming pool, various shaded areas and a bar all add to the island’s aura of wellbe-ing.In2008/2009,thevillawasrenovatedtothehigh-est international standards. It is furnished in a modern sophisticated style.A high-tech sound system by Bang & Olufsen, wireless Internet, LED light system as well as a custom-made designer kitchen with professional equipment are avail-able. A beach bar at the pier, a BBQ area on the beach and lounge areas for enjoying the sunrise and sunset are perfect for relaxing and leisure.Laundry and cleaning services, babysitter service and private limousine transfer on Ibiza or Mallorca can be provided. At no extra charge a private cook, kitchen staff


Exclusive Mediterranean Island For Rent

(1), domestic servant (1) and a personal butler are avail-able. The service staff is housed in a separate building.

Dining:Allow yourself to be pampered by the friendly staff. In-dicate your menu preferences to the chef before your vacation. Dine indoors in the dining room or outdoors on the terrace.

Activities:A network of enchanting pathways invites you on an adventure tour – for example, up to the historical light-house which was built in 1909. Observe the varied species of birds and discover the romantic hideaways in the nature reserve. The protected cove is perfect for swimming, snorkelling and various water sports. Scuba diving, fishing, kayaking and sailing on yachts are fur-ther pastimes. In only 30 minutes, the most beautiful beaches on Formentera can be reached by boat. Mas-sages and wellness treatments, yoga, pilates, tai chi, and a personal trainer are on offer.A 145-sqm swimming pool, an outdoor whirlpool, a sau-na, an outdoor fitness area, jogging track and walking paths, and an area for playing boule are available.

Best Time to Travel:June to September is the best period for a seaside holi-day with water temperatures between 22 and 25 °C. Between May and October, daily temperatures vary be-tween 22 and 29 °C, and rain and clouds are rare. How-ever, a smooth crossing is not always guaranteed.

Getting There:International flight to Ibiza. Short journey by car and boat transfer from the harbours at Pou des Lleó or San-ta Eulalia to Tagomago. A helicopter pad is available, helicopter transfers from Ibiza Airport can be arranged. Tagomago can also be reached with private yachts. In the bay on the west coast is a mooring.

Address:

Vladi Private Islands GmbH Ballindamm 7D-20095 Hamburg GermanyTel. +49-40-33 00 00 +49-40-33 00 00 Fax +49-40-33 00 [email protected]

COVER STORY



Contact details: Nig: +234 146 15729 | Fax: +234 146 30015. Email: [email protected]. www.pevronestate.com

PROPERTY LISTING

1. LSDPC AMUWO ODOFIN HOUSING ESTATE 3 Bedroom Luxury flats On-going N9.75m Details/Status: Limited No. of 3 Bedroom flats on 3 Storey, 2. UNION HOMES KUJE ESTATE,PHASE II, ABUJA 1 Bedroom Terrace Bungalow x 2 units N5m 2 Bedroom Semi-detached Bungalow x 7 units N7.8m 3 Bedroom Semi-detached Bungalow x 37 units N10.2m 3 Bedroom Detached Bungalow x 2 units N12.6m Details/Status: Different types of houses with medium finishing, Infrastructures and amenities in place, 1st Phase sold out, 2nd phase completed

3. LONEX GARDENS ESTATE, BESIDE OPIC ESTATE, ISHERI NORTH 3 Bedroom Terrace houses N26.95m 3 Bedroom Apartment N19.50m 4 Bedroom Terrace houses N32.21m 5 Bedroom Terrace houses N40.25m 5 Bedroom semi-detached houses (Ambrosia) N36.86m 5 Bedroom semi-detached houses (juniper) N45.24m 5 Bedroom detached house [summer bulb] N41.26m 4 Bedroom detached houses (Primrose) N46.89m (without BQ) 4 Bedroom detached houses (Primrose) N50.85m (with BQ) Details/Status: Well planned estate comprising various house types, serviced Plots also available, Project On-going 4. TRANS-AMADI INDUSTRIAL LAYOUT, PORTHARCOURT 2338.819m2 plot of Land. N125m 5. WILBAHI ESTATE, KUKWABA DISTRICT, ALONG AIRPORT ROAD, ABUJA 1 Bedroom flat x 24 units N16.50m 4 Bedroom flat with BQ x 3 units N29.15m 4 Bedroom detached house+2 B/R Guest house/BQ x 5 units N88.00m

6. UNION HOMES PROBYN ESTATE, PROBYN ROAD, IKOYI, LAGOS 4 Bedroom Terrace houses with 1service room attached N200m/unit Details/Status: Limited No. of luxury houses with swimming pool, Clubhouse/Gym, fitted kitchen e.t.c, project is on-going 7. UHSL WHITE GOLD ESTATE, KUBWA, ABUJA 5 units of 2 Bedroom Semi-detached Bungalow N8.5m Details/Status: A tastefully finished mini-estate in a good location in Kubwa, Abuja, completed and ready for occupation.

8. AWOLOWO TOWERS, IKOYI 1 unit 3 Bedroom Luxury Flat N130m 9. NEW NIGERIAN ARMY SHOPPING COMPLEX, IKEJA,OSHODI Open Stalls- N1.9m Lock up shops N2.2m Lock up shops ensuite N2.5m (Legal fees @ 5%&Agency fees @ 5%)

10. NEW ULTRA MODERN TEJUSHO SHOPPING MALL, YABA Modern Lock up shops of various sizes of 9m2, 12m2 and 23m2 @ the rate of N600,000/m2 for 25 years lease period (Legal fees @ 5% & Agency fees @ 5%) 11. UHSL ULTRA MODERN MEGAMALL, GARKI II, ABUJA OPEN PLAN OFFICE SPACE ON LEASE (3 YEARS INITIAL RENT) Ground floor space-N30, 000/m2 per annum, First floor space-N28, 000/m2 p.a Second floor space- N25, 000/ m2 per annum, Service charge-N10, 000/m2 p.a Agency fee @ 5%.

12. 50 Hectares(500,000m2) of prime Land at Ajah, Lekki, Lagos PRICE: N10, 000/sqm, Land opposite Abraham Adesanya Estate and close to Pan African University, Ajah, 13. 4,800m2 parcel of land along Alexander Road , Ikoyi PRICE: N1.8billion, land located in the choice area of Ikoyi, accessed through Kingsway road via Bourdillon Road Ikoyi, Lagos.

14. 3,988.5m2 parcel of land at plot 3, block V, Oniru Estate Lekki, Lagos PRICE: N800million, land located within Oniru family private layout Lekki peninsular Victoria Lagos, accessed through the new road leading to shoprite, off the major Lekki- Epe Express-way Oniru Lagos. Agency fee @ 2% of the consideration

15. Flats at Odonla(LSDPC) Housing Estate, Ikorodu,Lagos 2 Bedroom flat- N4.2m 3 Bedroom flat- N5.2m

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To reserve please visit www.pevronestate.com/oceanview

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