Idongesit Ashameri, Uyo
Vanolive Property Limited, a fast-growing real estate development company, has unveiled a new smart residential project within the Royal Palm Villa Estate in Uyo, positioning the development as a premium investment destination for homeowners, diaspora investors, golf tourists and short-let accommodation operators seeking opportunities in Akwa Ibom State’s expanding real estate market.
The project, strategically located near the renowned Ibom Golf Course, was showcased during the recently concluded Ibom Open Golf Championship, where golfers, business executives, tourists and prospective investors were introduced to the technology-driven apartments and investment opportunities being developed by the company.
Speaking during the tournament, the Managing Director of Vanolive Property Limited, Mr. Lucky Ototakovie said the company decided to invest in Royal Palm Villa because of its strategic location and growing potential as a hub for tourism, hospitality and high-end residential living in the state.
According to him, Vanolive’s development within the estate comprises modern studio and one-bedroom apartments designed to meet the needs of both residents and investors looking for properties capable of generating sustainable income through short-let and Airbnb operations. He explained that the apartments have been built around the concept of smart living, combining luxury, security and digital convenience.
Mr. Ototakovie disclosed that the company is currently offering special investment packages, with studio apartments available from N60 million and one-bedroom apartments priced at N80 million. He added that prospective buyers can secure ownership with a 35 per cent initial payment and spread the balance conveniently over a 12-month period, making the project accessible to a wider range of investors.
He further explained that the investment proposition extends beyond property ownership, noting that investors can earn attractive returns through short-let rentals. According to projections by the company, studio apartments can generate approximately N100,000 per night, while one-bedroom apartments can command about N120,000 per night, particularly during major events, conferences and tourism seasons in Uyo.
Highlighting the estate’s attractions, Ototakovie said residents and guests will enjoy access to a wide range of lifestyle amenities, including a conference hall, clubhouse, executive lounge, lawn tennis court, basketball court, mini football pitch, children’s play arena, restaurant, swimming pool, wellness centre, retail shops and a reliable central water system.
He noted that security and comfort remain central to the development philosophy of Vanolive Property Limited, adding that the estate features a fully gated environment, 24-hour security coverage, controlled access systems and ample parking spaces designed to provide residents with peace of mind and a high-quality living experience.
One of the unique attractions of the development, according to him, is the executive lounge and golf simulator arena, which allows golf enthusiasts to enjoy virtual golfing experiences without leaving the estate. The feature, he said, complements the estate’s proximity to the Ibom Golf Course and strengthens its appeal to golf tourists and professionals who frequently visit the state.
The developer also revealed that Vanolive has incorporated cutting-edge smart home technologies into the apartments, enabling property owners to monitor and manage their homes remotely from anywhere in the world. These features include smart lighting systems, intelligent climate control, CCTV surveillance, facial recognition access, smart locks and advanced security systems.
In addition, the apartments come equipped with a range of automation features designed to enhance comfort and convenience. These include automated kitchen systems, automated curtains and window blinds, video door phones, smart entertainment systems, voice-control technology, leak detection systems, fire detection devices, backup power solutions and real-time energy management tools that help residents monitor and optimize energy consumption.
Industry stakeholders who attended the Ibom Open Golf Championship described Vanolive Property Limited’s investment as a significant contribution to Akwa Ibom’s evolving real estate landscape. They noted that the combination of smart technology, premium amenities, flexible payment plans, strong rental income potential and a prime location near the Ibom Golf Course positions Vanolive’s Royal Palm Villa development as one of the most attractive property investment opportunities currently available in the state.