Abuja Property Development Company Limited

Plot 1329 Peace Drive, cultural Spine (Behind Agis), Area 11.

Garki, Abuja, Mobile: +234 815 061 8322.

website: www.apdc.com.ng

offer letter

no three bedroom flat (carcass) at apdc capital estate, plot 18, kaba district abuja.

Further to your expression of interest to purchase one number, three bedroom flat (carcass) at APDC capital estate, kaba district, Abuja we are glad to offer you said property for purchase on the following terms and conditions.

Offeror/Vendor

Abuja Property Development Company (APDC)

Housing Type

One unit of three bedroom flat (Carcass)
measuring approximately 156sqm
(more adequately in the bronchure purchased)

Tenure

On leasehold basis fot the remainder of term of
99years with effect from September 13, 2013.

Price/Payment terms

Installment/NHF mortgage plan

12-18 months payments spread

Payment Timeline % PMT Amount Due (N)
1st Installment Upon Application 10% 1,490,400.00
2nd Installment 12-18months 40% 5,961,600.00
50% 7,452,000.00
100% 14,904,000.00

10% equity contribution of total consideration to be paid to the developer, APDC, immediately upon acceptance offer within 30 days of the offer.

Payment Details:

Payment is to be made by Bank Draft or Bank Transfer into Abuja Property Development Company Zenith Bank Account Number 1011525243

NOTES: BEWARE OF FRAUDSTERS, VERIFY ALL DETAILS AT APDC HEAD OFFICE, PLOT 1329 PEACE DRIVE BEHIND AGIS HEAD OFFICE, AREA 11, GARKI, ABUJA.

OTHER CONDITIONS FOR PURCHASE
  • This is a letter of offer. Accordingly, until full or at least 60% of the purchase price is paid, the Offeror/Vendor shall be at liberty to upwardly review the price at any time and without notice.

  • Full percentage or a minimum of 60% of the purchase price shall be paid before allocation of any specific unit and subsequent installments shall be paid within the stipulated period.

  • If the full purchase price is not received within the stipulated payment schedule, this offer shall be automatically rescinded and the Offeror/Vendor shall be entitled to sell the property to a ready buyer.

  • The choice of a specific house is not guaranteed until the payment of full purchase price.
  • Where no allocation has been made, all refund of monies paid shall only be made upon the resale of the property to another client and shall be subject to 10% (of the purchase price) deduction as administrative charge.

  • Where allocation has been made, all refund of money paid shall be subject to 15% (of the purchase price) deduction as administrative charge.

  • Once the full purchase price has been paid and upon handing over of keys to the property, the Offeree/Purchaser shall be responsible for perfecting & obtaining sub-title at the Federal Capital Development Authority.

  • Prior to moving into the property, the Offeree/Purchaser shall be responsible for paying one off fees for water connection & survey plan

  • APDC shall provide Facilities Management services which shall be paid for by the Purchaser on an annual basis. Payment for the first year must be paid before occupation of the property by any person.

  • Once the full purchase price has been paid in accordance with the provisions of this letter of offer, the parties shall enter into a formal detailed Contract of Sale.

If the above mentioned terms and conditions are acceptable to you, please sign and return the enclosed copy of this letter and proceed to make deposit of the minimum payment of 1st installment as indicated above into designated account via a Certified Bank Draft or Bank Transfer within 30 days or this offer will stand withdrawn.

Yours Sincerely,
Aisha Mohammed
Head, Marketing & Sales

Should you have any questions or require further clarifications, kindly contact any of the under listed on telephone or Plot 1329 Peace Drive (Cultural Spine) Behind AGIS Head Office Area 11, Garki Abuja.

Aisha       +234 8150648328

Uju      +234 9025020054

Zahraddeen     +234 8032679070


CARCASS FEATURES
Inclusions
  • Internal works: block work, internal plumbing piping only.

  • External works: aluminum windows without net, provision of external doors (main entrance and back door), external rendering (plastering) and painting, waste connection & supply reticulation (block of flats only) load supply line (block of flats only) septic tanks and soakaways (excluding chambers for Terraces) and roof carcass & covering.

  • Common areas: tiling on common area (block of flats only), staircase& balcony railing (block of flats only) and parking & drive ways (block of flats only)