Land & Apartments
Offices & Businesses
Restaurants & Cafes
A NEW PLANNED CITY
Alaro City is planned as a 2,000-hectare city within the North-West Quadrant of the Lekki Free Zone. The first 1,000 hectares have been master-planned by Skidmore, Owings & Merrill alongside local planners, Cityscape.
Alaro City is a similar scale and type as others in the developer's portfolio. The development site is located within the Lekki Free Zone, the largest free zone in West Africa. The site is adjacent to the approved location for the proposed Lekki International Airport and in close proximity to the deep sea port and a number of planned industrial developments.
Invest In A Premier Collection
RESTAURANTS AND CAFÉS
SHOPPING AND MARKETS
OFFICES AND BUSINESS
PERFORMANCE AND EVENT SPACES
PARKS, WETLANDS AND BOARDWALKS
PIER AND MOORINGS
SCHOOL AND MEDICAL CENTRE
SPORTS AND LEISURE FACILITIES
Can International Investors be considered?
Absolutely – all property investments are open to the global investor community. Customers based in China, South Africa, Nigeria, the United Arab Emirates and Saudi Arabia are among the highest proportion of investors.
Do You Provide a Management Service?
Yes – all our investments are fully managed by our specialist in-house teams.
Do You Provide Exit Strategies?
We can help you to re-sell your investment through our dedicated re-sell market platform.
Which is Your Latest Development?
Our latest opportunities are spread across the globe – contact us for our latest availability.
What Makes it Unique?
This opportunity is attracting buyers from all over the world and is considered a wise Investment.
Why Should I Choose this Development Over Other Property Investments I’ve Seen?
Few other projects can boast a track record of delivery and success. For years, our global investors have continually bought from myResidential.
INVEST IN THE NEXT BIG THING
The Zone is fast attracting local and foreign investors. The largest oil refinery in Africa, a fertilizer plant, petrochemical plant, and a sub-sea gas pipeline project is under construction by the African richest man, Alhaji Aliko Dangote, and valued at $17 billion. The largest Deep Sea Port in West Africa is also under construction opening up access for export to West Africa and beyond.
The Lekki Free Zone is regulated by the Nigerian Export Processing Authority and is subject to the laws of the Federal Republic of Nigeria.
The free zone receives a number of benefits targeted towards its developers and occupants.
Zero corporate income tax on Free Zone income
Zero withholding tax on dividends
Zero VAT on purchases made within the free zone
No customs duties on imports
Revenue collection in USD allowed in the Zone
No inspection of imports until arrival on-site in the Zone
Exemption from FX controls
Repatriation of foreign capital investment and gains in the Zone
Up to 100% foreign ownership of the business
No need for Company Expatriate Quotas