Payment plans
Pay as the estate is built.
Outright, or by instalment over 12 or 24 months. Every plan is set out in writing. Example terms for this demo store.
Plans
Three ways to pay
Outright
5% offa the list price
- Pay within 30 days
- Allocation on payment
- Most chosen
12 months
30% downa then monthly
- 12 monthly instalments
- No interest charged
24 months
40% downa then monthly
- 24 monthly instalments
- A small instalment fee
- Homes only
Example terms for this demo store.
An example
A 300 sq m plot at Mowe, 6.5 million naira
How the 12-month plan works on one plot.
| Stage | When | Amount (naira) |
|---|---|---|
| Reservation deposit | On reserving | 500,000 |
| Balance of the 30% deposit | Within 30 days | 1,450,000 |
| Monthly instalment | 12 months | 379,167 |
| Total | Over 12 months | 6,500,000 |
Example figures for this demo store.
How it works
From deposit to allocation
Reserve
A refundable deposit holds the plot for 14 days.
Deposit
The rest of the deposit within 30 days.
Instalments
Monthly, by transfer, with a receipt each time.
Allocate
Allocation letter and documents once paid.
Plainly
A payment plan is a way to pay for land, not an investment. We do not promise that any plot or home will rise in value.
Instalment enquiry
Ask about a plan
The plot or home you like, the plan, and when you would like to start.
- sales@siteandservice.example
- Admiralty Way, Lekki Phase 1, Lagos