Why ST. Gerald Homes?
Buses transportation to and from estate to Abuja city centre daily.
school buses for children and students within the estate.
24 hours electricity (solar power and standby noiseless generator)
24 hours water supply, (bore hole and storage tanks)
security guards-Fenced Estate-Access Gates
surveillance cameras-towers at security gates-security alams-street lights-fire trucks
Building Features & Options
spacious private backyard, cable tv-furnished interiors
media centre-laundry (commercial washer & dryers)
smoke alarms-staff quarters
paved streets-garbage pick up
trees,flowers, green area-garage parking
Flood drainage systems
Media Wi-F- Quiet location Main
American- Nigerian International Schools.
Quality Child Care -Primary Elementary
Secondary- Middle & High School.
Comprehensive Intenerated Curriculum
Schools you can afford. Discount for estate dwellers.Sports Facility
Mini Golf-Bike Riding-Playground
Parks & horseback riding
Bicycle and Jogging Trails
Basketball court- Lawn Tennis
Soccer/Football Field- Racket ball
Swimming pools-Skating Arena- Laundry Complex equipped with Commercial washer and dryer
Shopping Center-Office complex-Modern Mini Market
Office suites Complex
Locations for Companies and Industries (Employment boost)
Ambulance-Chemist –Drug Store-Clinic
1. Q-What is required to get started?
FREQUENTLY ASKED QUESTIONS
A-Fill out initial application, pay $56.00 or N20,000 Naira, none refundable application fees; Make
your cash deposit if paying full cash or make your first monthly payment on website payment portal
or deposit inour company's account given to you.
A- Keep your receipts and documentation.
2. Q-Do you accept cash payments?
A-No. we do not accept cash. All payments go through our secured payment portal or through our bank
information given to you.
3. Q-How many years are the houses for and at what are the interest rate?
A-Vacant Land is cash prices only. Houses and Condominium/apartment are financed at 11 percent
finance charge, Longer term finance is at 9% or varies by locations.
4. 4. Q-Is there a discount for full cash payment?
A-Yes there is a discount for full cash payment, Cash prices are lower than financed prices.
5. 5. Q-When does construction on my home start and when can I move in to my home or
rent out my home?
A- Cash buyers and customers with 5 years payment plans should expect to move in one year
depending on your location.
A- Finance buyers should expect to move in within 3 years years.
A- Finance buyers will continue to make payments after move in unlike cash buyers.
6. 6. Q-I am buying only land, when do I start building on my land or lot?
A-You can start building on your land or lot after complete payment and infrastructural fees.
7. 7. Q-Can I use my own plan and build on my land or Lot.
A-Water Falls Estates is a deed restricted neighbourhood, therefore you cannot use your own plans,
you can only use St. Gerald homes approved plans.
8. 8. Q-What homes can I build on my purchased land?
A-You may build only 3-4 bedrooms bungalow (one story), 4-5 bedrooms duplex (single family homes).
A-You may not build condominium/apartment or any commercial properties on your land, but you may buy
any available for sale.
9. 9. Q-Can I have a traditional bank finance my homes?
A-You definitely can use traditional banks or morgage companies, and your are encouraged to compare
other sources of finance.
10. 10. Q-How many years do I pay for the Infrastructure fees?
A-Infrastructure fees are assessed for one year only per land unit ot house or condo/ Apartment
11. 11. Q-What do infrastructure fees cover?
A-Infrastructure fees cover paved roads, side walks, drainage system, Internal Electricity
transmission, Street lights water wells/bore wholes and other related services.
12. 12. Q-Do you offer property management services for investors?
A-Yes property leasing and sales services are available for individuals and companies who need the
13. 13. Q-Do you offer Refunds?
A- You are encouraged to continue your home buying process. Refunds are offered only first 2 years
before move in.You will not be behind any payments to receive refunds.
A- First year refunds 15% principal.
A-Second year refund 20% of principal
A- No refunds therafter. There are no refunds for registration fees. There are no refunds on finance
charges or interest rates.
14. 14. Q-Are there associated closing costs?
A-. Yes, closing costs cover attornies fees, title fees, registeration fees, processing and deed of
assignment fees. It is about 2% of the house cost.
15. 15. Can I sell my home after I move in??
A- You have to contact St. Gerald Homes when you sell your property, Aryeh-Lion-St Gerald Homes will give deed
of assignment (tranfer title) to the new buyer.
Need more answers - Contact us