Frequently Asked Questions
Cocoon Homes was established in April 2013, with Silk Invest (a UK fund manager) and Monument Development (a Nigeria Real Estate Developer) as founding shareholders.
Cocoon Homes Ltd is a top notched real estate development company, the developers of Cocoon Atlantic Estate.
The Estate is located in a prime area of Sangotedo - Lekki, just 3-minute drive from Novare Mall on Monastery Road off Lekki-Epe Expressway.
The development has three (3) & two (2) bedrooms apartments on three floors (all rooms ensuite) and two (2) variants of three (3) bedroom townhouse, 3-bedroom townhouses (all rooms ensuite).
2-bedroom flat (95 sqm), 3-bedroom flat (116 sqm), 3-bedroom townhouse A (150 sqm) 3-bedroom townhouse B (160 sqm).
You may modify the interior of your unit(s), however, this is subject to approval by the developer (in this case, Cocoon Homes).
Cocoon Atlantic offers the best of home living experience to its occupants. Thus, lifestyle amenities such as 24 hours power supply, provision for solar power, water and sewage treatment plant, and landscaped play areas and commercial spaces for supermarkets, Club house with fitness center, professionally managed facilities, etc. are available.
We have assembled the best team of Nigerian and internationally renowned consultants, contractor, and project managers to ensure quality and timely delivery of the Cocoon Atlantic project.
Infrastructure work will begin in the first phase upon the completion of roofing. Both infrastructure, amenities and buildings of the first phase will be completed before March 2021
All house types and units will be fully finished
Cocoon Atlantic will be a gated estate and will enjoy a secured perimeter, access control and 24-hour estate security services offered by one of the best security agencies in town.
Yes, we have a well spread out payment plan of 12-48 months tailored to meet for buyer’s convenience and an outright payment option as well.
Allocations are offered upon payment of 40% of the purchase price
Yes, there will be a service charge to pay for the security, maintenance of public infrastructure and facilities.
Legal documentation cost for flats is N500, 000 each; Legal documentation for terraces is N750, 000 each. These excludes survey cost and are payable at hand-over.
The estate is on privately owned land. A Registered Deed of Assignment in favor of Cocoon Atlantic covers the land.
Subscribers can only withdraw from the project, if another buyer is taking up their subscription and will be charged an administrative fee of 10% of the property price on exiting the scheme. Please refer to the application form and contract of sale for full terms and conditions.
Subscribers can only move into their units or rent them out on completion of the payment for their building.
The first phase will be delivered by March 2021. The entire project is planned to be delivered in four and half years.
You will get a Deed of Assignment.