Palmrich Estate
Every household of a minimum five persons consume about 96 litres of palm-oil annually while we have 24 branded vegetable oil in the market and each brand contains 75 per cent palm oil.
Food and beverages, pharmaceutical, cosmetics and chemical companies all over world such as PZ Cussons, Unilever, May and Baker and more all use Palm oil in their daily production of innumerable products for domestic and industrial consumption accounting for over 65% demand for Palm oil, Palm kernel oil and other by products of Palm tree farms.
According to CBN, Nigeria needs to produce about 2.5 million metric tons annually estimated at ($20 billion) i.e NGN22 Trillion to meet our local palm oil demand but we produce about 1.3 million metric tonnes internal, leaving a shortfall of 1.2 million metric tonnes (over N60 billion) importation of Palm Oil for domestic and industrial use.
In view of the estimated population in Lagos capped at 50 MILLION residents by the year 2050, the Organization
has further taken initiatives to acquire more land area in the same location to prepare for the residential transition project with the Palmrich Estate project which will ultimately transform our Palm tree Estates with
very good yearly appreciation in value of the land while we also earn passive income from Palm Oil production while waiting for other developments.
Therefore, the introduction of Palmrich Estate phases will cut across three (3) different Geographical locations
including the renowned location, as follows:
• PALMRICH ESTATE – OWODE OTTA, OGUN STATE;
• PALMRICH ESTATE – IBADAN, OYO STATE;
• PALMRICH ESTATE PHASE II – KETU, EPE. LAGOS STATE.
How It Works:
• Own unit of land in Epe, Lagos (fastest developing residential and industrial hub in Africa
Your unit of land is part of the oil field PalmRich Estate.
• Sign a contract of sales with Assetrise powered by Flapcoop.
• The Palm tree setup is done by Assetrise using our expertise and human resources at no extra
cost from your land purchase.
• You earn up to 80% profit if you decide to sell back to us in 36 months (3years).
• You can decide to harvest your Palm trees or rent to Assetrise with a management agreement
to earn Rental Income Per annum
Mission
- Create minimum of 10,000 hectares over 5 years to create over 12,000 direct and indirect employments
on the farm and Oil processing mill; - To grow a community of over 100,000 Oil Palm Tree Landlords and Agropreneurs with a sustainable
and profitable model
Advantages
- Palm tree yields the highest edible oil among the other oil crops. It yields tonnes of oil per acre
- Palm oil is Traded Internationally, which means it is a profitable and exportable product.
- Oil Palm is a hardy crop. It has low pest and disease incident
- Farmers can get extra-income by inter-cropping in the pre-bearing period of Palm tree
- It provides loads of local and skilled employment
- It creates financial stability for over 50 years of harvest per annum
Benefits
- Low risk farming with an attractive ROI;
- Real Estate plus Oil Palm tree farming is a Gold Mine Agropreneurship.
- A strategic passive income as a retirement plan and Trust-fund for dependants;
Advantage: - Palm tree yields the highest edible oil among the other oil crops. It yields tonnes of oil per acre
- Palm oil is Traded Internationally, which means it is a profitable and exportable product.
- Oil Palm is a hardy crop. It has low pest and disease incident
- Farmers can get extra-income by inter-cropping in the pre-bearing period of Palm tree
It provides loads of local and skilled employment - It creates financial stability for over 50 years of harvest per annum
Frequently Asked Questions
PalmRich Estate is a unique estate idea conceived by Flapcoop which starts as a palm tress farm and later metamorphose into an exquisite Estate like the Magodo or Vgc Estate of today which started from farm settlements.
PalmRich Estate is located in Ketu- Epe. Lagos State
Registered Survey/ C of O in progress
The land is free from every known encumbrance and no adverse claimant on the land.
Minimum is 500sqm which forms 1plot.
Please refer to our website for the current cost of this land or call 07089558775
Buyers are issues a receipt of payment, a certificate of payment and a deed of agreement
within 48hours of payment.
Yes, however these not required immediately as farming activities will commence on the land to grow a viable means of income for the buyer
Survey: N300, 000 per plot Development Levy: N400, 000 per plot
Deed of Assignment:
N100, 000 per plot All are required for physical allocation.
Assetrise has a team of experts in the area of Palmtree farming and palm oil processing who are capable to manage the farm on behalf of the buyer
Not for the first 3 years of cultivation, as the palm tree farm will be intercropped with
other crops that can be sold to generate the management fees.
When the Palm Trees start fruiting, Flapcoop and Assetrise will continue to manage
the farm in the area of harvesting, processing and packaging. And a management agreement
will be reached with the owner to arrive at a management fee for Flapcoop.
Yes. We have the buy to sell option which fetches the buyer up to 80% profit on their
funds.
Yes. Buy 10 plots and get one free
We strongly advise that all payments should be made to:
ASSETRISE LIMITED Account Number: 1017749896
Bank: ZENITH BANK
We shall not accept any responsibility for any liability that may arise as a result of deviation from the above instruction.
Yes, Less 45% administration fee. A 3-month period would be allowed to process the payment.
Yes, But the company has to be duly informed for proper documentation.
Yes. Where it is discovered that the purchase of the property or any deposit in fulfilment of a financial obligation under this subscription for and subsequent contract by the Subscriber was made from a proceed of crime or illegal means, the Company shall be obligated to release the details of such transactions to the appropriate authorities and adhere to further
directives of the regulatory agency and/or law enforcement when required without recourse to the Subscriber. The Subscriber attests that the funds used in the purchase of the property
is not a proceed of crime