Olude Lane, Behind the Apostolic Church, Lagos-Ojo Expressway, Ketu.
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The total cost of acquiring a flat are listed below

• Self-contained flat – 5M Naira
• 1 Bedroom flat – 17.5M Naira
• 2 Bedroom flat – 22.5M Naira
• 3 Bedroom flat – 27.5M Naira
• 4 Bedroom penthouse – 35M Naira

10% discount is available for single outright payment of the entire cost of flat.

See other FAQ for available long term payment plan of rent to own and minimum deposit requirement.

A typical project timeline of 18 months, please check the particular project timeline or send email to customer.services@rentown.ng for specific project timeline.

In order to receive contract of sale for any of our home, you must meet the following two criteria;<br/>

1. Deposit minimum of 5% of home cost within 7days of receiving notification of a successful application and recommendation to make payment. Failure to do this will result in property being listed back on the market.
2. Deposit minimum of 20% of home cost within 3 months of receiving notification of a successful application and recommendation to make payment. Failure to do this will result in property being listed back on the market.

Up to 15 years, each individual contract of sale is unique to allow for flexibility. Once deposit payment of 20% is confirmed, buyers will have the opportunity to choose the duration and frequency they will like to pay the balance. This will be a digital process.

Each home will have up to 5kW of free solar power. However, energy storage and inverter configuration will be by the homeowners.

Yes as a managed residential homes the following facilities will be provided;

1. Bath and cooking water distribution
2. Estate security
3. Estate cleaning management
4. Estate waste disposal management.

No, each homeowner will be responsible for providing their individual generating set. However, free solar power will be provided for homeowners.

A limited company will be registered with homeowners having single share each. This company will charge annual maintenance fee to homeowners and coordinate the servicing company contractor that will be appointed which will be responsible for all communal activities management. Homeowners can replace the servicing company contractor after 3 years of that last homeowner moving into their home.

Yes, there will be an estate lounge for small gathering and a play area for estate children.

No, each home will have its individual private meter and homeowner will be responsible for recharging their electricity payment card.

An estate association is to be registered as a limited company to be called Lane Valley Apartments Limited in which each homeowner will have a share. The company will be responsible for contracting out the servicing to service companies and owners may replace the services company with another service provider after 2 years based on majority consents. The estate association will charge homeowners annual maintenance fee of about Fifty Thousands Naira to keep all facilities of the estate in good shape and save the excess in agreed way for potential future major maintenance works.

Buyers will be able to choose between annual and bi-annual (every 6 months) balance payment plan when generating their contract of sales which is a digitalised process.

3-bedrooms flats and 4-bedrooms penthouse will have dedicated parking spaces allocated to them as local as possible to the building. All other flat types will have option to acquire parking spaces as they move in.

All homeowners have the opportunity to sell their home after 3 years of moving in regardless of whether they own it outrightly or still paying balance to Amibruv RentOwn Limited. However, selling of homes at Lane Valley Apartments must receive clearance from Amibruv RentOwn Limited and proposed Lane Valley Apartments Limited where the seller is still paying balance, and the latter only where the home is completely owned by homeowners.

Administrative fee may be incurred during the reselling process but this is not expected to be more than 100,000 Naira.