Price Range: from ₦200 to ₦2,500,000
Size Range: from 10 m2 to 1,000 m2
Other Features
Price Range: from ₦200 to ₦2,500,000
Size Range: from 10 m2 to 1,000 m2
Other Features
  • 9 months ago
  • 303 views

THE PALMS ARENA

₦10 M / Price/ Hectare

Description

A lifetime investment in oil palm plantation situated in Irogun town, Yewa, Ogun state. A One and half hour drive from Lagos.
On a land expanse of 500 Acres carved out of more than 3000 Acres of land.

  • Earn annual ROI of more than 75% of your investment for up to 40 (forty)years
  • You own the land and also own the palm trees for life
  • Land portions will be demarcated for ease of identification and through coordinate on survey plan.
  • There is room for expansion by purchase of more land for planting of palm trees.
  • Plantation will be Managed by a group of experienced farmers under the supervision of Agape Farms with their experience over the years
  • Maintenance cost will be analyzed in the Farm Setup Agreement
  • Owners are free to visit the farm by notifying the farm Management.
  • Updates on the plantation will be sent bi- annually while earnings from the plantation commence from the 4th Year.

 

Documentation includes:

  • Registered Survey
  • Deed of Assignment
  • Farm setup Agreement
  • Land Title – Free Hold

Risk & Management Strategy

  1. .Government Risk- Compliance to government regulations and policies
  2. Security Risk- Highly digitalized security measures and community collaboration
  3. Environmental Risk- Soil assessment and provision of water and erosion control.

Market Risk- Price fluctuation and diversified means of income

  1. Other Risk Mitigation Strategies include
  2. Continued risk assessment
  3. Insurance policy
  4. Contingency planning
  5. Continuos monitoring

 

Physical allocation will be after 6 months of completion of payment
Incomplete payments as at when due will attract a 5%monthly interest on outstanding balance
Cancellation of subscription in the process of cultivation will attract a 40% deduction from total payment.

Subscriber is not eligible for refund at completion of cultivation except a new buyer is involved and a 40% deduction on total payment
Application for change of land subscription and payment plan shall attract a 10% administrative fee on total subscription.

Guaranteed Annual ROI of 80% and above
125 Oil palm per hectare
Price/ Hectare -5million
Land cultivation-2 million
Dev. Fee. – 1.5 million
Survey/Deed – 1.5 million
Total. 10 million

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