If you are considering buying property or land in Nigeria, there are some important things to know about the culture. You can find all kinds of properties available for sale and for rent, but it’s tough to understand the smaller nuances of the culture without making a visit. In this article, we’ll share a few important things to note before taking the leap to relocate your family to Nigeria. If you are only purchasing investment[…]
10 Reasons why you should invest in landed properties especially in Abeokuta in 2020 1. The fast rate of infrastructural development in the city means the value of landed properties are projected to go up astronomically. 2. The increase influx of people into the city due to the overcrowding of Lagos and proximity 3. Buying a landed property is a way of acquiring liquid asset which could be easily traded for money in case of[…]
Land Classification Land can be classified as either free or acquired. A parcel of land is considered free if the government has not indicated any interest whatsoever in that land. Such land is safe to buy because the title on the land can be perfected without issues. In most cases, such lands will either have a gazette, a C of O or a governor’s consent. EXCISION An Excision means basically taking a part from a[…]
DID YOU KNOW? Most people who purchase lands in Lagos don’t really understand the meaning of this Real Estate terms. As a potential buyer wishing to buy a land or build a new house you must be conversant with a few of this figures. The first hurdle is to understand the system of Land measurement in Nigeria. In Nigeria today, Land is measured in Hectares, Acres, Meters and Feet. These measurements are affected by factors,[…]
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