It was an exciting moment over the weekend as 27 Nigerians who bought homes from Ibudo Wura, an affordable housing community along the Lekki-Epe Expressway collected keys to their homes.
The community was developed by Mixta Africa, one of West Africa’s leading real estate developers. The handover of the 27 homes brings to 192 the number of homes completed at Ibudo Wura, and adds to Mixta Africa’s more-than-20-year track record of delivering 30,000-plus homes across Africa.
Since 2005, when it opened for business, Mixta Africa has delivered over 30,000 homes across Nigeria, Senegal, Tunisia, Morocco and Côte d’Ivoire. In Nigeria, its portfolio includes flagship developments such as Lakowe Lakes Golf & Country Estate and Beechwood Estate along the Lekki-Epe Expressway, Fara Park in Sangotedo, Lagos.
The company is also the developer of Expressview Estate in Lugbe, Abuja, and the Garden City Golf Annexe in Port Harcourt. Mixta Africa is committed to closing Africa’s housing deficit through the delivery of large, sustainable, and well-serviced communities.
The company believes that, for a homebuyer, delivery is the moment an investment becomes tangible; a completed home that can be occupied, used and called their own, adding that, for Mixta Africa, it is a measure of the trust placed in the company when a customer decides to buy a home.
“The handover builds on Mixta Africa’s more-than-20-year track record of delivering homes across Africa, with more than 30,000 homes delivered to date, Tola Akinsulire, Group Chief Commercial Officer, Mixta Africa, emphasized.
“Handing over keys is one of the most important moments in our relationship with a customer because it is when our promise becomes tangible. Buying a home is a significant financial and emotional commitment, and customers need confidence that what they have paid for will be delivered,” Akinsulire added.
He stressed that 27 more families have taken possession of homes they can call their own, assuring that their responsibility is to keep earning that trust through consistent delivery across their communities.
According to him, for the homeowners at Ibudo Wura, the handover represents the completion of a journey from purchasing a home to taking possession of it.
Soprinye Banjo, one of the homeowners who received a key, expressed confidence that the environment would be good for her family. “What I am seeing today is good quality for the price, it is an excellent job done. I like the environment. Speaking with the engineers and facility managers today, I am confident that my family is in good hands,” she said.
Another homeowner, Yetunde Oyegunle, relived her experience, saying, “I was introduced to Mixta Africa and Ibudo Wura by a friend and I decided to give it a try. Getting here today, I was overwhelmed by what I saw and I am happy because this is real. The estate is beautiful, the home finishing is excellent and the environment is conducive. I will definitely recommend the developers to anyone who is interested in owning a property because this is real.”
Ibudo Wura demonstrates how access to appropriate financing can support homeownership. Homeowners were able to access financing with as low as 10 percent equity payable over six months, interest rates at 9.75 percent per annum and tenors of between five and 20 years, with indicative monthly repayments from N534,785. Financing is available through the Ministry of Finance Incorporated (MOFI) Real Estate Investment Fund (MREIF).
With homes continuing to be delivered at the community, Ibudo Wura remains open for new buyers, with available units starting from N58,319,000 outright across one-bedroom apartments and two-bedroom row houses and H-type units. Outright purchase and six- and 12-month instalment options are available.
Prospective homeowners can contact Mixta Africa’s sales team to arrange a site inspection or request the full Ibudo Wura fact sheet.
