Kotu Creek, Sukuta, Kombo North/Saint Mary, Brikama, West Coast Division, The Gambia
Kotu Creek, Sukuta, Kombo North/Saint Mary, Brikama, West Coast Division, The Gambia
APARTMENT DETAILS:
– Apartment fully furnished
– Single Bedroom
– €22,000 per fraction
– 68 m² floor area
– €22,000 per 1/5 ownership
– 4 weeks of exclusive usage per year
– full property and rental management
– rental income
Estimated completion time:
December 2026
As the developer of Lakeview Residence does not offer pre-sale reservations for Blockx Fractional we implement the Post Unit Selection solution to be still able to offer fractional ownership opportunities for Lakeview apartments at a fraction of the costs.
Here’s how it works:
1) Reserve a fraction for a 1- or 2-bedroom unit to secure your ownership share.
2) After all fractions for a studio, one, or two-bedroom apartment within Lakeview Residence are reserved, Blockx will carefully select a suitable unit that best aligns with requirements related to location, rental potential, and appreciation.
3) You will then be notified of the specific details of the selected apartment.-
4) If you are not satisfied with the chosen apartment, you have the option to request a refund of the Reservation fee.
At Blockx Fractional, we understand the importance of selecting the right apartment unit within the development. While we do not initially specify a particular unit when reserving a fraction, rest assured that we prioritise selecting an apartment that meets your preferences, including location within the development. Our goal is to ensure that you are satisfied with your fractional ownership experience, and we will carefully select a suitable unit that best aligns with requirements related to location, rental potential, and appreciation.
While individual buyers have the option to opt out and receive a refund, it is Blockx that will ultimately make the selection of the apartment unit.
Total Fractions | 5 | Property Management | €250 / year per fraction* |
Fraction Price | €22,000 | Reserve Fund | €250 / 2-year per fraction* |
Ownership Shares | 20% | Blockx Platform Fee | $200 / year per fraction* |
Available Fractions | 5 | Security Deposit (refundable) | €250 / one-time per fraction |
Payment terms
Stage payments | |
50% Upon signing of contract | €11,000 |
50% spread over quarterly instalments starting 1st January 2024 | €11,000 |
Total | €22,000 |
Enjoy all that nature has to offer at our newest apartment complex in Kotu! Life begins at LAKE VIEW! Surrounded by nature and close to the Atlantic Ocean along with spectacular lake views. The beautiful landscape is filled with Palm trees which creates an environment of fresh air for healthy living!
Whether you are looking for a residential or investment property, LAKE VIEW is the ultimate option. Now is your chance to own an apartment for a fraction of the cost with Blockx Fractional at a strategic location which will be a worthwhile investment with high-yield returns.