Buy Land in Lagos Nigeria | Property for Sale in Lagos Nigeria

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Did you know that you can buy land in Lagos Nigeria? And even at a reasonable price. Many people think that buying property in Lagos is unaffordable or very difficult, but here we are going to prove you the exact opposite. Land is cheap and affordable in Lagos, if you know where to buy it and how much to pay for it. If there’s any city that doesn’t feel like it’s on the cusp of becoming over-inflated real estate bubble—it’s Lagos. If you are considering investing in land as an asset class, or simply as a place to build your home in the future, look no further than this guide on where to buy land in Lagos Nigeria and what kind of properties are available for sale.

How Much is Land in Lagos Nigeria?

Land in Lagos is extremely affordable. If you’re in the market for a large plot of land, you’ll likely be purchasing it with a group of people and forming a company. If you’re interested in buying land in Lagos, you’ll likely be purchasing it for the price of a car. Lagos is a large city that is growing and expanding at a rapid rate. As a result, land is abundant and cheap. When purchasing land in Lagos, you’ll likely be purchasing it with a group of people who are also interested in investing in land. Since the land is cheap, you’ll likely be responsible for hiring a surveyor to map the land and stake out the boundaries to identify exactly what land you’re purchasing. You’ll also want to hire a lawyer to ensure that all of the parties involved in the transaction are signatories on the title.

Where to Buy Land in Lagos?

There are many areas of Lagos where you can buy land. You’ll likely want to focus on areas where the infrastructure is in the process of being built out. Areas like the Ifo Extension and Lagos Island are great examples of places where there is a huge need for infrastructure improvements. Areas with more developed infrastructure, like the Alimosho district, are also a great place to buy land. Another place you can buy cheap land in Lagos is in Badagry. Badagry is located on the eastern side of Lagos and has historically been a place where people have built new homes and infrastructure. As Lagos continues to grow and expand, Badagry will likely be at the forefront of this growth, making the land extremely cheap.

Registered Land for Sale in Lagos

The land you’re likely to buy in Lagos will be unregistered land for sale in Lagos. Buying unregistered land for sale in Lagos is incredibly easy and inexpensive. The government of Lagos has a much more lax policy when it comes to unregistered land for sale in Lagos. If you want to buy registered land in Lagos, you’ll need to conduct due diligence on the land and make sure that the title is clear and free of any liens and obligations. The process is much more involved and can take up to several years to complete.

Unregistered Land for Sale in Lagos

If you buy unregistered land for sale in Lagos, you can have the title transferred to you immediately. You’ll likely pay a small transfer fee to the government of Lagos, but the process is much easier and cheaper than buying registered property. You’ll also want to make sure that the government of Lagos has issued a “no objection certificate” (NOC) for the land that you’re purchasing. The NOC essentially confirms that the land isn’t reserved for public use. The NOC is quick and easy to obtain so it’s not something you’ll want to overlook.

Development Land in Lagos

If you’re looking to buy development land in Lagos, you’ll want to focus on areas that are in the process of being developed. Areas around Badagry are the best place to buy development land in Lagos. Badagry has been in the process of being developed for years and has lots of new infrastructure projects underway. You can find development land in Lagos that is being sold by the government or private developers. The government of Lagos is always trying to encourage people to build new infrastructure and new housing developments. If you choose to buy development land in Lagos, you’ll likely be responsible for hiring a surveyor to map the land and stake out the boundaries to identify exactly what land you’re purchasing. You’ll also want to hire a lawyer to ensure that all of the parties involved in the transaction are signatories on the title.

Conclusion

Land in Lagos is extremely affordable. If you’re in the market for a large plot of land, you’ll likely be purchasing it with a group of people and forming a company. If you’re interested in buying land in Lagos, you’ll likely be purchasing it for the price of a car. The land you’re likely to buy in Lagos will be unregistered land for sale in Lagos. Buying unregistered land for sale in Lagos is incredibly easy and inexpensive.