Frequently Asked Question

 A privately held equity investment firm with core business of development of affordable Student Hostels across Africa Universities; with the offering of private equity funding for project development, leveraging on diaspora partnership, global investors, third-party clients and cutting-edge technologies for project seamless delivery. 

City Planners Property & Investment Limited, the parent company with consortium of
project partners.

The Hostel Africa key operation centers on offering Student accommodation investments
to Africans at home and diaspora through equity participating to create value for investors.

Hostel Africa projects are sold in unit(s). A unit is 1bedroon student apartment.

NO. Hostel Africa projects are sold in local currency of the domicile country (i.e Nigeria).
All remittances by Investors through our collection partner are through dedicated payment
gateway in local currency for direct remittances to the project account.

All payments to Hostel Africa projects are made through the dedicated payment gateway
via the website @www.hostelafrica360.com, on the “payment platform menu”.

STEP 1: 
You will be required to fill our registration/application form with your correct details.

STEP 2
After you have successfully submitted the form, you will have to check your email inbox for a welcome email and also containing your username and password which will give you access to the client area.

STEP 3
Upon receiving your username and password, please kindly login to the client area where you will be able to:

• View your profile
• Monitor your investment
• Make payments,
• View your payment history
• Download resources that will keep you abreast of Starlet Residences Project.

CLIK HERE TO REGISTER NOW

A project of Hostel Africa, purposely designed student accommodation for Lagos
University Teaching Hospital (LUTH) medical students. The development was birthed in
collaboration with the authority of LUTH to provide alternative student’s accommodation
in an ambience environment. The project is designed to house 35 exquisite ensuite rooms
on two floors. The design combines affordability, system efficiency and style, to attract the
right class of students.

A unit of is currently being sold at N4,250,000.00 (Four Million, Two Hundred and Fifty
Thousand) naira only. (Unit price is subject to review)

Through the dedicated account payment gateway on the website;
@www.hostelafrica360.com

YES. The project promoter has adopted Easy Payment Plan (EPP), a package of Hostel
Africa that accommodates categories of subscribers. Easy Payment Plan is a more flexible
payment plan that allows subscribers to pay on monthly basis over a period of 18months
max at zero interest rate.

– Outright Payment @ 5% discount.
– 6months Payment Plan @2.5% discount.
– 18months Payment Plan @zero interest rate.

– Legal documentations.

– Legal documentations N200,000.00 per unit

– Deed of Contracts at the beginning of the investment
– Deed of Assignment after full payments

Receipt of payment for every payment and letter of allocation at the end of all payments

After full payment at the beginning of the tenancy year.

After full payment. The tenancy year for Starlet Residences is 2025.

You will get a refund of total money paid less 35% contract cancellation and 10%
administrative fee. (Please revert to company refund policy for further clarification)

The transaction is interest free.

 Yes. When all payments are made and tenancy commences on the unit(s) purchased.

19.8sqm

– Certificate of Occupancy
– Registered deed of conveyance
– Lagos State Government registered survey

The land is free from every known government and individual interest, no any adverse
claimant.

Starlet Residences is designed to house 35 exquisite EnSite rooms on two floors. The
design combines affordability, system efficiency and style, to attract the right class of
students.

 City Planners Property & Investment Limited, the developer parent company.

The development is designed to provide tastefully finished rooms at affordable prices
with amenities in place for comfort such as:
Stealth Security System with 360-degree CCTV coverage
Security access control
Dining facilities; and
24×7 electricity backup
Others:
POP finish and high level of finishes for all the rooms
Portable water
Refuse disposal unit

Yes. The road to the Starlet Residences is very motorable and accessible even at the peak
of the rainy season.

The dedicated project website gives regular site update.

HAS BUILDING PLAN APPROVAL BEEN GRANTED FOR THE STARLET RESIDENCES?

Yes, when all payments are fully made. This attracts transfer fee of 5% of selling
price/current value of unit