Victoria Island (VI), Lagos
$250,000
Property Ref: 2179953 | Added On: 26 Mar 2024 | Last Updated: 25 Feb 2025 |
Market Status: Available | Type: Flat / Apartment | Bedrooms: 2 |
Bathrooms: 2 | Toilets: 3 |
Here's a breakdown of the payment plan for the apartment unit at 28 Saka Tinubu Street, Victoria Island, Lagos:
Total Cost of Apartment: $250,000
Payment Structure:
1. Deposit (30% of Total Cost)
Deposit Amount
$250,000 \times 0.30 = 75,000
2. Remaining Balance
(70% of Total Cost)
Remaining Amount:
250,000 - 75,000 = $175,000
3. Monthly Payment Plan:
Duration: 10 months
Monthly Payment
$175,000}{10} = $17,500
Summary of Payments:
Total Deposit Due
$75,000 (to be paid upfront)
Monthly Payments (for 10 months). $17,500 each month
Completion Date
December 2025
Payment Timeline:
Deposit Due
Immediately upon agreement.
Monthly Payments
Due at the beginning of each month for the next 10 months after the deposit.
This plan allows the customer to secure the apartment while spreading the remaining cost over a manageable period.
This project has long started