FAQs

Quick answers before you enquire

Everything buyers usually ask us — deposits, payment plans, mortgages, titles and inspections. Can't find your question? Ask us directly.

Buying with Pennek

You can explore our currently selling communities on the Projects page — each one lists its location, home types, starting prices, title documents and payment details. Sold-out estates are shown there too, so you can see our full track record.

You can secure a Pennek home with an initial deposit of 30% of the purchase price. The balance is then spread over a flexible payment plan or financed through a mortgage, depending on what suits you.

After your 30% initial deposit, the balance can be spread over an agreed installment plan or financed through a mortgage. Our team will walk you through the options for the specific property you choose.

Every Pennek estate comes with verified title documents, which are listed on each property's page. Our team is happy to walk you through the documentation for any property before you commit.

Yes — we encourage it. You can book an inspection from any property page or through the Contact page, and our team will arrange a visit to the estate at a time that works for you.

Mortgage & financing

Yes. A mortgage lets you spread the cost of your home over several years instead of paying everything at once. Our Mortgage page explains how it works, and our team can guide you through the available options based on your preferred property.

With a reducing balance mortgage, interest is charged each month only on the outstanding loan balance — not the original amount. Your monthly payment stays fixed, but the interest portion shrinks over time while more of each payment goes toward the principal. Our mortgage calculator shows the full month-by-month breakdown.

Yes — use the mortgage calculator on our homepage or Mortgage page. Pick a property, adjust the tenure and interest rate, and you'll see your estimated monthly payment, total interest and a full amortization schedule.

Investors & diaspora

Absolutely — many of our buyers are in the diaspora. You can enquire, reserve and complete your purchase remotely, and our team will keep you updated with documentation and progress every step of the way. We also have a US office you can reach directly.

Our estates are in high-growth corridors of Lagos and Abuja, and our track record spans over 15 years, 15 communities and more than ₦5 billion in property value created. Each property page includes a value projection tool so you can model potential capital appreciation and rental income before deciding.

Yes. Many of our homeowners rent out their properties. The value projection tool on each property page lets you estimate rental income alongside capital appreciation, so you can see the full potential return.

Working with us

Head to our Agents page to read the partnership terms — including commissions of 3–5% on every sale — and fill in the registration form. Our team will review your application and get in touch.

You can reach us through the Contact page, by email at info@pennek.com, or by phone on +234 700 1000 000 (Nigeria) or (832) 308-8881 (USA). Our offices are in Lagos, Abuja and Houston.

Still have a question?

Our team is happy to help — reach us in Lagos, Abuja or Houston, or send an enquiry online.

Contact us