ALARO CITY PLOTS

Alaro City is an integrated, mixed-use city planned on over 2,000 hectares in the Lekki Free Zone.

Located in the North-West Quadrant of the Lekki Free Zone, which is the logistics and commercial hub of the zone.

It is situated on the Lekki-Epe Expressway and is in close proximity to the Lekki Deep Sea Port and the proposed International Airport.

It has areas for

• offices,
• logistics and warehousing,
• homes,
• schools,
• healthcare facilities,
• hotels,
• entertainment, and
• 150 hectares of parks and open space.

Alaro-City provides serviced land suitable for light industrial, assembly, warehouse, and logistics uses. It also provides 2,3 and 4 bedroom apartments.

LOCATION: ALARO CITY LFTZ,LEKKI EPE EXPRESSWAY

The first phase of Alaro City’s industrial area is open for sale, with a variety of plots on offer:

RESIDENTIAL:

• LOW DENSITY (500/750/1000 SQM) $150/SQM
• LOW DENSITY (EXCLUSIVE) (MIN 1000 SQM): $240/SQM
• MEDIUM DENSITY (MIN 500 SQM): $169/SQM
• HIGH DENSITY (MIN 1000 SQM): $186/sqm

COMMERCIAL:

• BOULEVARD (MIN 4000 SQM): $350/SQM
• OTHERS (MIN 1000 SQM): $195- $220/SQM

INDUSTRIAL LANDS).

• INDUSTRIAL SME (MIN 1000 SQM): $195/SQM
• INDUSTRIAL ROAD 1 (MIN 5000 SQM) - $220/SQM
• MIXED-USE (MIN 1000 SQM): $195/SQM

• INITIAL DEPOSIT OF 35%, SREAD BALANCE OVER 12 MONTHS, EQUAL INSTALLMENT

There are also opportunities to lease land and buildings to suit occupant requirements on appropriate commercial terms.

Alaro City’s Free Zone status provides

• reduced corporate taxes,
• customs & excise duty exemptions,
• VAT benefits, and
• profit and capital repatriation at reduced rates, among other benefits.

A number of facilities are already under construction or at the design and development stage.

HERE’S WHY YOU SHOULD BUY IN ALARO CITY.

• Planned Community (power, water, roads, etc.)
• Clean Title is fully managed by us.
• 12-month payment plan

AND FOR BUSINESSES

• No tax payment (VAT, CIT, WHT)
• There is no duty on imports/exports.
• Exemption from FX control
• No engagement with federal, state, or local regulators.