
1.
LOCATION:
Location is the number one thing to consider when buying a Land in Lagos .The location will determine what value the land will be in the future because a land in a developed area will cost more than a land in a developing area . The land in a developing area is always cheaper now ,but after some years it will be very expensive.
2.
LANDMARK AND NEIGHBORHOOD:
You need to check who are going to be your neighbors before buying a land . A lot of people make this mistake before buying land . The landmark in that neighborhood are the key to how fast an area will develop and the value the land will appreciate to.
3.
ENVIRONMENT:
Checking the environment will help to know the land you want to use for housing purpose is safe to live around , as you don't want to live in a polluted environment.
4.
ACCESSIBILITY:
While buying a land always check the accessibility of the land to the main road .
5.
SECURITY:
You need to know how secure the area you are planning to buy a land is before buying land there. Also check if the community itself has a way of tackling challenges.
6.
ZONING RESTRICTIONS:
It is important to know the zoning permits of the area you are trying to buy land from as this will help you to know what government plan for that area is . You will not be allow to build a factory where Government has already mark for residential.
7.
SOIL QUALITY AND COMPOSITION:
Soil composition will determine how you will build your new house .This will tell you the additional money you need to spend on the land when the time comes .
8.
SIZE OF THE LAND:
You need to also check to know if the size of the land corresponds what the owner said it is. The only way to do this is to get a surveyor who will come and survey the land and get the actual measurement.
9.
LEGAL DOCUMENT:
After you have checked the above list , the next thing to check is the legal documents that the land has, by this We also mean the title of the land. The main document to check for is the Survey plan, Deed of assignment, Excision, Gazette and C of O.
10.
PRICE OF THE LAND:
Aside from location, developmental plans and ongoing project within the environs and other determinants listed above, as they will all determine what the price of the land should be. For example land without any title aside "family receipt" can never be priced the same as land with C of O. Because each of this title cost money to get .Therefore, the owner will definitely add these expenses to the cost of the Land.
Reach out to us today for a praceful and reliable land acquisition. We Are Committed To Your Investment Value, Comfort And Enhancing Your Lifestyle.
For more information please contact us;
Call/Whatsapp: +2347013847180 for a consultation, inquiries & inspection appointment.
RealtorNEZ
For: RealtyBrokerNigeria
https://realtybrokerng.blogspot.com
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[url=https://blog.graana.com/real-estate-vs-stocks-where-to-invest-in/][Real Estate vs Stock where should you invest in 2020][/url]
ReplyDeletePeople are always confused between real estate and stocks. Some prefer real estate because of the high degree of control associated with property whereas some prefer stocks because of low capital requirements.
Real estate is an excellent way to invest your hard-earned money. If you are looking for a long term investment, you should definitely go for real estate.