For Sale: The Autograph Luxury Hotel - Investment Opportunity, Victoria Island (VI), Lagos | 2 Beds, 2 Baths (Ref: 2188923)

The Autograph Luxury Hotel - Investment Opportunity

  • The Autograph Luxury Hotel - Investment Opportunity, Victoria Island (vi), Lagos, Flat / Apartment for Sale
  • The Autograph Luxury Hotel - Investment Opportunity, Victoria Island (vi), Lagos, Flat / Apartment for Sale
  • The Autograph Luxury Hotel - Investment Opportunity, Victoria Island (vi), Lagos, Flat / Apartment for Sale
  • The Autograph Luxury Hotel - Investment Opportunity, Victoria Island (vi), Lagos, Flat / Apartment for Sale
  • The Autograph Luxury Hotel - Investment Opportunity, Victoria Island (vi), Lagos, Flat / Apartment for Sale
  • The Autograph Luxury Hotel - Investment Opportunity, Victoria Island (vi), Lagos, Flat / Apartment for Sale
  • The Autograph Luxury Hotel - Investment Opportunity, Victoria Island (vi), Lagos, Flat / Apartment for Sale
  • The Autograph Luxury Hotel - Investment Opportunity, Victoria Island (vi), Lagos, Flat / Apartment for Sale
  • The Autograph Luxury Hotel - Investment Opportunity, Victoria Island (vi), Lagos, Flat / Apartment for Sale
  • The Autograph Luxury Hotel - Investment Opportunity, Victoria Island (vi), Lagos, Flat / Apartment for Sale
  • The Autograph Luxury Hotel - Investment Opportunity, Victoria Island (vi), Lagos, Flat / Apartment for Sale
  • The Autograph Luxury Hotel - Investment Opportunity, Victoria Island (vi), Lagos, Flat / Apartment for Sale
  • The Autograph Luxury Hotel - Investment Opportunity, Victoria Island (vi), Lagos, Flat / Apartment for Sale
  • The Autograph Luxury Hotel - Investment Opportunity, Victoria Island (vi), Lagos, Flat / Apartment for Sale
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Property Description

THE AUTOGRAPH PLUS

Invest in a Timeless Monument and Accelerate Your Real Estate Returns

Invest in premium hotel apartments.

This 22-storey monumental edifice is a collection of luxury suites,apartments and lofts, located in Victoria Island, Lagos, Nigeria. first of its kind in Nigeria, and operating as a hospitality enterprise

The Autograph Plus gives willing
Investors the opportunity to own apartment units which would be leased out as hotel. You generate rental income as we manage the hotel: you simply sit back and watch your investment earn a good return.

Comprising of 86 hotel suites, studio, 1 & 2 bedroom apartments, 1 & 2 bedroom loft, 3 bedroom apartment and 4 bedroom maisonette.

The Autograph Plus spacious units are designed to make all our guests feel at home, encouraging them to stay for a prolonged period.
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How Will You Make Money?

Investors can anticipate a great deal. Along with its excellent location, our world-class hospitality management
team is dedicated to delivering top-notch service that will enhance the value of each investment.

Continuous maintenance and improvements will ensure that the property, including the grounds, building, and individual hotel apartments, is always kept in an impeccable condition.


Capital appreciation is expected to outperform traditional residential investments. Extensive research carried out by professional hotel consultants suggests that gross rental income will be in double-digit figures, making it an
exciting, modern and dynamic hands-off investment.

Regardless of whether you reside in Lagos or outside of the city, your investment will continue to generate profits while you carry on with your work, leisure, and other activities.

Features & Facilities includes:
General Amenities
Concierge Service
Valet Parking
Rooftop Pool
Rooftop Lounge
Indoor Cinema
Restaurant & Bar
Business Cafe
Multi-Level Parking
Private VIP Lounge
Spa Sauna
Club House
Fitness Centre
Health Station
Retail Spaces
CCTV Surveillance
High Speed Panoramic
Elevator
24Hrs Power Supply
Room Amenities
Contemporary Finishing
Smart Home Enabled
Kitchenette (Fridge, Microwave and Coffee Maker)
Complimentary Toiletries
WiFi Connectivity
Satellite TV
Air-Conditioning

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A Thriving Industry

Nigeria is expected to be the fastest-growing hospitality market with a projected 12% compound annual increase from 2019 to 2023. With an average of 53.6% occupancy, higher than the market as a whole, with that rate edging up, we look for somewhat faster ADR growth than in the overall market
(Source: PWC Hotel Outlook. 2019-2023 Report)


Lagos and Abuja have outperformed most other cities, in Africa and globally, in terms of both demand and pricing, due to the strength and growth of domestic demand. The report noted that more recently, the cost of domestic and
international air travel had soared, further encouraging domestic leisure demand for those ""staycations.
*This pent-up demand also applied to the conference and meeting rooms market, particularly small events
for training and the like, both midweek and weekend. The prognosis for demand in 2023 is good.
(Source: W Hospitality Report 2023)


With Nigeria's growing afiluence, we expect consumer tourism to become a more important sector. Adventure
tourism is becoming more popular and the growing interest in experiences is allowing Nigeria to attract visitors
interested in the local culture.
(Source: PWC Hotel Outlook. 2019-2023 Report)
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Why invest in The Autograph Plus?

*High return potential which can be resold at a premium compared to traditional real estate investments

*Experienced hotel management, high quality standards, good customer
service and world-class facilities to generate sales and result in high
occupancy with strong returns.

*Dynamic pricing allows constant adjustment of room rates, encouraging higher occupancy in every market condition.

*Fully managed and branded boutique-hotel-style development Ideal location with proximity to Lagos's prime business districts.

*Hands-off investment.
Fully furnished to the highest standards


Owner Privileges
7 days of complimentary stay.
Gold Card issuance to investors for preferential extended stay rates.
VIP Customer-Service experience.
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Payment Plan How It Works
Be the First Reserve Today
Decide on your preferred unit
Make an initial deposit of 30%
Sit Back and Relax.

Spread the balance over a 24 months
period Watch your
hands-off investment grow upon operation.


Projected Returns on Investment
Assured; based on projections by the Hospitality Management Brand of The Autograph Plus.

complete payment, minimum occupancy of 50%pa (183 days) and double-digit percentile Investment per annum.

Frequently Asked Questions

1. HOW DO I INVEST IN THE AUTOGRAPH PLUS?
You can invest in The Autograph Plus by purchasing either the Hotel Suites, Studio Apartment 1 Bedroom Loft, 1
Bedroom Apartment, 2 Bedroom Loft, 2 Bedroom Apartment, 3 Bedroom Apartment, 4 Bedroom Maisonette or
multiple units.

2. WHAT DO I GAIN FROM THIS INVESTMENT?
An attractive annual income upon operations and capital appreciation of the asset. A 10% minimum ROI is guaranteed on any unit invested in.

3. HOW IS MY OWNERSHIP REGISTERED?
Subscribers to The Autograph Plus will get a Registered Deed of Sublease. However, the purchase will be tied to a clause exempting the owner from personal usage. Unit allocation will be upon full payment of the property.

4. WHEN DO I START EARNING RETURNS?
Upon Operations, ROI will be paid at the end of the first financial year. Subsequently returns will be paid either monthly, quarterly or bi-annually as advised.

5. WHAT IS MY ANNUAL YIELD?
The Annual yield as projected by the Hospitality Management Authority is a minimum of 50% occupancy per annum,
translating to double digit percentage earnings on units purchased.

6. CAN I USE MY APARTMENT FOR PERSONAL PURPOSES?
The Autograph Plus is a Non-Residential Apartment (NRA) strictly for investment purposes. However, as an owner, you
enjoy one week stay, per year, free of charge.

7. WHAT IS ThE LIFESPAN OF THE INVESTMENT?
The investment is a lifetime investment.

8. WHO IS RESPONSIBLE FOR GETTING THE PROPERTY OCCUPIED?
Our Hospitality Management Brand will handle and manage all hospitality requests.

9. HOW AM I ASSURED THAT MY INTEREST IS PRIORITIZED?
The Hospitality Management Brand in charge of the operations of The Autograph Plus is committed to the
interest of all investors. Moreover, they will work in conjunction with the appointed External Auditors to prepare and give audited Annual Financial Report to the Investors.

10. WHO IS THE EXTERNAL AUDITOR?
The investors will at the first general meeting agree on the External Auditor to be appointed.

11. CAN I SELL MY UNIT IN THE AUTOGRAPH PLUS?
Yes, you can but the developer retains the right of first refusal.

12. CAN I HAVE EARLY EQUITY RELEASE OPTION?
Yes, you can. An early equity release option is available.

13. WHAT OTHER FEES DO I PAY?
Legal fees = 5% of the unit cost.

14. WHAT IS MY COMMITMENT FEE TO OWNING A UNIT?
A 30% initial deposit with the balance spread for up to 24 months.


15. IS THERE A LIMITED NUMBER OF UNITS FOR PURCHASE?
Yes, purchases are limited to a maximum of 5 units.

16. WHEN IS THE DELIVERY AND OPERATIONAL DATE OF THE AUTOGRAPH PLUS?
The projected delivery of the Autograph will be Q2, 2026 with operations commencing Q4, 2026.

17. IS CO-OWNERSHIP OPTION AVAILABLE?
Yes,the co-ownership option is available, subject to Terms and Conditions.

18. WHAT IS THE PENALTY FOR DEFAULT OR REFUND REQUEST BEFORE COMPLETION OF UNIT PAYMENT?
A refund would be made subject to 10% administrative fee deduction, after a resale of the unit.

19. HOW DO I PROCEED AS AN INTERESTED INVESTOR?
As an interested investor, kindly Request and fill out your details on the
Subscription Form.

Call ir message MICHAEL NOW ON 0-8-0-8-4-6-0-1-1-9-3 TO BOOK FOR YOUR UNIT IMMEDIATELY.


Property Details

Property Ref: 2188923Added On: 02 Apr 2024Last Updated: 01 May 2024
Market Status: AvailableType: Flat / ApartmentBedrooms: 2
Bathrooms: 2Toilets: 3Parking Spaces: 2

Interesting Facts

You might be wondering if Victoria Island is an actual island based on its name. No, it is not right now, but it used to be.

Victoria Island was once completely surrounded by water until the colonial government sand-filled the eastern part to prevent mosquito breeding in the swampy area. It ended up with land areas connecting Victoria Island to Lekki Peninsula after it was sand-filled.

Leisure and Shopping

Victoria Island is home to the SPAR shopping mall, which is a one-stop shop for all of your retail needs. Goodies Supermarket is another well-stocked supermarket that sells a wide variety of items such as beverages, cosmetics, wine, toys, and so on. Other shopping options include Mega Plaza, Hubmart Store, Landmark Boulevard, XYLO, and Bijoux Mall.

Popular Estates

1004 Estate, the current largest single luxury high rise estate in Sub-Saharan Africa, is located on Victoria Island.

1004 Housing Estate is an 11-hectare housing estate with over 1000 apartments that was originally owned by the Federal Government before being purchased by private investors in 2007. The estate is located in the business and recreational district of Victoria Island.

There are four swimming pools on the estate for relaxation, as well as tennis courts for sports enthusiasts. The estate is also secure, and power is always available.

Day Life

Known for being an entertainment hub, Victoria Island has numerous places to hang out, eat, chill and have a great time.

Silverbird and Filmhouse cinemas are recommended for moviegoers. Oniru Beach, located on Victoria Island, is one of the most popular beaches in Lagos. Ocean Basket is the Mediterranean's seafood mecca. The Red Door Gallery is a must-see for art enthusiasts. It can be found within the Silverbird Galleria.

Kappadocia Lagos is Lagos' first and only cave restaurant. The architectural design creates the illusion that you are in a cave.  

Night Life

In Victoria Island, the night is always young. Get your dancing shoes on and choose from any of the bubbling spots to experience the nightlife here.

If you live in Lagos, you have probably heard of Club Quilox. This is one of the hottest clubs in Lagos, and many celebrities frequent it.

Othello's Lounge is located in the heart of Victoria Island. Here you can get reasonably priced drinks and chops.

At LiVE! Lounge, you can expect to see live bands, karaoke, and comedy nights. They have both indoor and outdoor seating options, depending on your preference.

Schools

If you live on Victoria Island, you will not have to look far for good schools. American International School of Lagos is an international school that serves students from preschool to grade 12. Boston Academy, Crescent Schools, Cranberry School, White Oak Preparatory School, and Kuramo College are also popular primary and secondary schools. The Nigerian Law School and the Now Open University are also located on Victoria Island (NOUN).

Read the full area guide for Victoria Island (VI), Lagos.

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