Price

The houses will be sold with the full-unexpired term and the quoted prices are inclusive of agency fees.


The payment plan for any unit will depend on level of completion, but shall not exceed the schedule below.

Home Type Classic (NGN) Executive (NGN)
Apartments
22,000,000-25,000,000
Town Houses
40,000,000
Patio Houses
47,000,000
Detached Houses
55,000,000
 
Payment Plan

Reservation Payment
10% payable on indication of interest. This will be required to reserve the buyers preferred allocation.

Initial Deposit
30% payable within 30 days of the reservation deposit

Second Deposit
30% payable within 3 months of the initial deposit

Final Deposit
30% payable within 5 months of the second deposit or on completion of the property, whichever is earlier.

Service Charge
Fara Park is designed to have a dedicated professional facilities management team and as such, residents are obliged to pay an annual service charge. This is presently preset at N360,000.00/p.a per housing unit.

Payment
Payment can be made via cheque or draft issued in favour of "Fara Park Limited", or direct lodgment in Fara Park Limited's account. Details in this regard will be provided on request.

Delivery
Construction of key infrastructure has been completed, a number of homes have reached advanced stages of completion, whilst some units are presently occupied.

Units are at varying stages of completion and delivery periods will range from immediately to 9months.

- APPLICATIONFORM
- SALES AGREEMENT
pdf - FINISH SPECIFICATIONS