Mixta Africa, a leading West African real estate developer, has handed over keys to 27 homeowners at Ibudo Wura, its affordable housing community along the Lekki-Epe Expressway in Nigeria. This latest handover increases the total number of completed homes at Ibudo Wura to 192, across Phases 1 and 2. The development is a testament to Mixta Africa's commitment to delivering on its promises to homebuyers. The company has a track record of over 20 years in delivering homes across Africa.
The handover is significant for homebuyers, as it marks the moment their investment becomes tangible. For Mixta Africa, it is a measure of the trust placed in the company when customers decide to buy a home. Tola Akinsulire, Group Chief Commercial Officer at Mixta Africa, emphasized the importance of handing over keys, stating that it is a critical moment in the company's relationship with customers. The event demonstrates Mixta Africa's dedication to earning and maintaining customer trust through consistent delivery.
The homeowners who received keys at Ibudo Wura expressed satisfaction with the quality of the homes and the environment. Mrs Soprinye Banjo, one of the homeowners, praised the quality of the homes, saying they were good value for the price. She also expressed confidence in the estate's management, citing positive interactions with engineers and facility managers. Another homeowner, Mrs Yetunde Oyegunle, shared her experience, saying she was impressed by the estate's beauty and the homes' finishing.
Ibudo Wura demonstrates the impact of access to suitable financing on homeownership. Homeowners were able to access financing with a low 10% equity payable over six months, interest rates at 9.75% per annum, and tenors ranging from five to 20 years. The indicative monthly repayments start from N534,785. This financing option is available through the Ministry of Finance Incorporated (MOFI) Real Estate Investment Fund (MREIF).
The Ibudo Wura community remains open to new buyers, with available units starting from N58,319,000 outright. The estate offers one-bedroom apartments, two-bedroom row houses, and H-type units. Prospective homeowners can choose from outright purchase and six- and 12-month instalment options. Mixta Africa's sales team is available to arrange site inspections and provide the full Ibudo Wura fact sheet.
Mixta Africa has a substantial track record in the real estate sector, with over 30,000 homes delivered across Africa since its inception. The company was established in 2005 and has since become a leading player in West Africa's real estate market. The successful delivery of homes at Ibudo Wura is a testament to the company's expertise and commitment to providing affordable housing solutions.
The delivery of homes at Ibudo Wura is a significant milestone for Mixta Africa, demonstrating its ability to provide affordable housing solutions. With its extensive experience and commitment to customer satisfaction, Mixta Africa is well-positioned to continue delivering homes across Africa. The company looks forward to maintaining its reputation for trust and reliability among homebuyers.
Key points
- Mixta Africa has delivered 192 homes across Phases 1 and 2 of Ibudo Wura.
- Homeowners at Ibudo Wura accessed financing with 10% equity payable over six months and interest rates at 9.75% per annum.
- Mixta Africa has delivered over 30,000 homes across Africa since its inception in 2005.
