Palm City – Invest in Oil Palm Plantations in Ibadan

₦7.500.000

Details

Palm CityOil Palm Plantations in Ibadan that can give you consistent cashflow for up to 40 years. C of O. Land for sale Iseyin Ibadan Oyo State • Land & Plots for Sale Iseyin, Ibadan • ₦7,500,000.

Besides owning the land, you also get to own Oil Palm Plantations in Ibadan and can profit from the Palm Oil market for years.

Palm City Prices

  •  1 Acre (6 Plots):
    • 3,000,000 with an initial deposit of 700,000
  •  1 Hectare (15 Plots): 7,500,000
    • Initial deposit of 1,500,000

Documents

  • This fee covers:
    • Survey
    • Deed of Assignment
    • Farm Set-up
    • Management

Title and Location

Palm City is located at Iseyin-Saki Road, Oyo state and has a C of O.

  • Take advantage of this opportunity of this ember offer…

Invest in Oil Palm Production In Nigeria today! Experience unparalleled .

PALM CITY FREQUENTLY ASKED QUESTIONS (FAQ)

  1. What is the location of this Palm City
  • Palm City is located on Iseyin-Saki Road, about 3 hours from Ibadan, Oyo State, Nigeria.
  1. Why is the project not located in the city? 
  • Palm City sits on 2000 acres of land and this size of land can not be found in the city and enables huge Oil Palm Production In Nigeria.
  • It allows ample space to grow our palm without interference or intrusion.
  • Also, Palm City is a strategic way to own land in locations where people are not paying attention; this way, you own more land at very affordable prices.
  1. What is the title of the land? 
  • Certificate of Occupancy ( C of O)
  1. When I invest in Palm City, what do I own? 
  • You own the land, the oil palm trees, and Oil Palm Production In Nigeria.
  1. What documents do I get upon purchase of land? 
  • You will receive a Contract of Sale, Letter of Acknowledgement, and Payment Receipt upon purchase of land
  1. When do I get an allocation for my land? 
  • Your land will be allocated on the layout upon purchase and a physical allocation will be organized where you will identify your land upon cultivation of your portion.
  1. What documents would I get upon allocation? 
  • You will get a Deed of Assignment, a Survey Plan, and an allocation letter.
  1. How do I identify my land at Palm City? 
  • You can identify your land using the coordinates on the survey plan, the beacons identify the boundaries and the signpost bearing your name or plot number.
  1. Can I expand my ownership after buying? 
  • Yes, you can expand your ownership by acquiring more land or by keying into our expansion program which allows you to increase your land holdings over time.
  1. Who will manage the Oil Palm Plantations, and can I manage the land by myself? 
  • While you can always visit your Oil Palm Plantations and get progress updates, the entire Palm City will be managed by Xymbolic Development Ltd in collaboration with YieldRise Africa Ltd  (Agro Management) and Foreign Integrated Farms (Agro Consultants).
  1. How much experience does the management team have in Agriculture and Management of Oil Palm? 
  • The management team has over a decade of experience in agriculture generally including setting up and management of oil palm nurseries and plantations.
  1. Will I pay any extra costs for setting up and managing the plantation? 
  • Yes, there are costs to set up and manage the plantation, however, you won’t be asked to pay for any of them. The cost of land covers the cost of setting up the Oil Palm Plantations in Ibadan and we have set up a system to handle the management without asking you for additional payments.
  1. Will I pay any extra fees for continuous maintenance of the Oil Palm Plantations? 
  • Although there is a cost for continuous maintenance of the plantation, you won’t be required to pay any extra fees. This is covered in the 30% deduction from the revenue realized after sales of the produce.
  1. Can I visit the project at any time? 
  • Yes, you can. All you have to do is notify us if you want to visit alone or join us during any of our planned visits.
  1. How often would I get updates on the project? 
  • You will get updates on the project weekly, bi-weekly, monthly, and in some cases quarterly; depending on the amount of work being done on the project per time.
  • Every year, you will get an annual project report that shows what was done on the project during the year including financials that show expenses and revenues when harvesting and sales commence.
  1. Are there going to be planned visits to the project? 
  • Yes, there will be planned quarterly visits to the project.
  1. What species of oil palm seeds are you planting at Palm City? 
  • We will be planting F1 Tenera oil palm seedlings. It has a higher yield than the locally pollinated seedlings, produces more oil, and has greater resistance to diseases that affect oil palm and better Oil Palm Plantations.
  1. How long will it take for the palm trees to start fruiting? 
  • It takes about 2 years for the F1 Tenera to start fruiting, however, for proper harvest, we estimate a 3-year period for proper fruiting and commercial activities to begin.
  1. How long will it take for me to start earning my Oil Palm Plantations? 
  • Since it takes 2-3 years for the seedlings to start fruiting and for commercial activities to begin, you should start earning in the 4th year.
  1. What are the risks involved and how do you intend to mitigate them? 

Oil Palm Plantations in IbadanMultifariousness & Challenges

Government Risk: Policy and Regulatory Changes

    • Mitigating Policy and Regulatory Changes:
      • Due Diligence
      • Proactive Engagement and Communication
      • Adaptability to regulatory compliance

Security Risk: Possible Theft and Vandalism

    • Mitigating Theft and Vandalism:
      • Robust Security Measures
      • Community Engagement and Collaboration
      • Community Development

Environmental Risk: Natural Disasters and Crop Diseases

    • Mitigation Strategies:
      • Soil Assessment
      • Preventive measures against disease
      • Continuous Environmental Impact Assessment
      • Drainage and Erosion Control
      • Water Infrastructure

Community Risk: Fostering Collaboration and Avoiding Land Disputes

    • Mitigating Land Disputes:
      • Proactive Engagement with community leaders

Market Risk: Price Fluctuations

    • Mitigating Market Risk: Our Approach
      • While palm oil is our primary focus, we’re taking a strategic approach to diversify our income and manage market risk.

Other Risk Mitigation Strategies

      • Regular Risk Assessments
      • Insurance Protection
      • Contingency Planning
      • Continuous Monitoring
      • Building Relationships

With these measures in place, we’re confident in our ability to navigate potential risks and ensure a successful and sustainable project. 21. Do you intend to export any of the produce? 

  • Yes, we will assign a quota of the produce for export, to generate foreign currency and enhance profitability.

22. When will I be able to inspect my Oil Palm Plantations?

  • Physical allocation will be given within 180 days after the completion of the payment.
  • Where the Purchaser fails to make payment within the payment period selected, the Vendor shall be entitled to charge an interest fee of 5% of the outstanding balance for every month the default occurs.
  • Where the Purchaser fails to make payment for three consecutive months, the subscription shall be cancelled.
    1. Where the Purchaser’s subscription is cancelled or decides to opt out of this Agreement, after the fulfillment of its entire payment obligation, your refund, upon approval, shall be made as follows;
      • After 3 months from the date of the first payment & before Cultivation Starts: Less than 40% of the entire amount paid at the point of refund which serves as administrative fees.
      • After Cultivation Starts: Not eligible for a primary refund, A Secondary refund may occur upon the sale of your land to a new owner/buyer, less than 40% of the entire amount paid at the point of refund which serves as administrative fees.
  • Where a Purchaser applies for an extended payment plan (increase the number of months), a notification must be sent to the company at least one (1) month before the expiration of the current payment plan. For every 3 months extension, an interest rate of 10% of the total price shall be added.
  • Where a Purchaser applies for a change in the number of plots subscribed, an administrative charge of 10% of the total subscription price shall be added to the price of the new subscription price.
  • Any refund of the reservation sum paid by a purchaser, after 24 hours, shall warrant a deduction of 30% of the total reservation sum, being a cancellation fee, where the reservation was cancelled by the purchaser, or revocation fee, where the offer was revoked by the Company for a display of lack of commitment.

Got Questions on Oil Palm Plantations in Ibadan

Palm City is where your investment & profit can give you consistent cashflow for up to 40 years. For any inquiries regarding Oil Palm Plantations in Ibadan or to schedule an inspection, and purchase enquiries feel free to reach out to us either by text or whatsapp or Call kindly Contact Us

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