Land Measurements in Nigeria: Plots, Acres, and Hectares
In Nigeria, land measurement is in varying units, depending on its size and the metric system preferred by whoever measures it. Understanding these land sizes is crucial for effective land management, investment decisions, and sustainable development initiatives across the nation. They apply to rural farmlands urban plots, and tracts designated for residential or industrial […]
25 Real Estate Terms You Should Know
Real estate, like every other industry, has its unique set of terms used by its professionals to refer to various objects and processes of the trade. You are almost certainly familiar with some. For instance, you know that the word ‘property’ means land or building. And you’re aware that a landlord is a person […]
How To Make Great Profit from Land Banking in 2024
Land banking is a type of real estate investment which involves investors purchasing undeveloped land and holding it for a while. As they maintain ownership, the value of the land appreciates. They may eventually sell it for far more than the price for which it was purchased. Returns worth several multiples of the original […]
How To Find and Purchase Cheap Land in Nigeria
One obstacle that keeps many away from investing in real estate is the relatively large capital outlay that’s needed to purchase property. If you’ve only considered buying land or buildings in a major city, you’ll probably think that this applies to other parts of the country. But it doesn’t. Read more about Real estate In […]
7 Reasons You Should Invest In Land Right Now
Acquiring land isn’t the most preferred investment for a lot of people. That’s because it’s not as liquid as other alternatives; it typically can’t be converted into cash within a short period. There’s also the perception that it takes a long while to achieve decent returns from it– and a lot of investors in […]
10 Interesting Facts About Real Estate In Nigeria
Nigeria has a large, vibrant, and growing real estate sector. It features a diversity of property, in terms of style and utility, and a broad range of players, including small informal agencies and large realtor corporations. Read more about Real Estate If you would like to invest in Nigerian real estate, or you’re just […]
7 States With the Cheapest Lands in Nigeria
Where are the cheapest lands in Nigeria located? That’s a question you’ll ask if you want to invest in real estate at the lowest possible cost. It shouldn’t be the only thing you consider. The long term value of the property, its accessibility, and suitability for your purposes are also crucial factors you’ll want to […]
How to Flip Land for Profit in Nigeria
Land flipping is probably the easiest and least expensive way to get involved in the real estate business. It involves buying land at a relatively low price and selling it for a profit. You just need to find a buyer that’s willing to pay a reasonable price for it. Read more about How To Fortunately, […]
8 Things You Should Consider Before Investing in Real Estate
Popular opinion says investing in real estate is about the safest way to grow your money that you’ll find in Nigeria. It also offers some of the highest rates of returns on investment of any venture in the country. Not surprisingly, a lot of people with a sizable deal of cash to spare would opt […]
The Law & You: What To Do If You Are In A Land Dispute
A land dispute is a common issue for landowners. We cannot always prevent these disputes, but these issues when they come up can be resolved. Land disputes There are many sources of a land disputes, these include inaccuracy of a deed description, or where the neighbours all agree that the legal description is correct, one […]
Important Things You Should Put in Place Before You Clock Forty
They say a fool at forty is a fool forever, so definitely there must be some things that should be in place once you are approaching that magic age. Everyone wants to live a long and healthy life, but it does not just come easily without some work, discipline and sacrifice. The important thing is […]
Lagos State Land Law Prohibiting Forceful Entry And Illegal Occupation Of Landed Properties (4)
Click to read the introductory part to this series. PROHIBITION OF DEMAND FOR FEE IN REGARD TO CONSTRUCTION Section 11 of the Law is by far the most popular provision of the Law. Anybody who has done construction work in Lagos and its environs has one tale or the other to tell about the notorious omo […]
Lagos State Land Law Prohibiting Forceful Entry And Illegal Occupation Of Landed Properties (3)
Click to read the introductory and second parts to this series. SALE OF PROPERTY WITHOUT AUTHORITY Purported sale of land by persons not having legal title to it is by far one of the commonest and most dreaded evils associated with land acquisition. This is because a lot of people conjure different types of […]
Lagos State Land Law Prohibiting Forceful Entry And Illegal Occupation Of Landed Properties (2)
To read the first part of this series, click here. ILLEGAL OCCUPATION OF PROPERTY Section 4 of the new Law provides that a person who is occupying a property as an encroacher and fails to leave the property on being required to do so by or on behalf of the owner of the property […]
Lagos State Land Law Prohibiting Forceful Entry and Illegal occupation of Landed Properties
Anybody that has had dealings in the real estate sector in Nigeria, particularly in the urban areas like Lagos and its environs will know the numerous dirt and risks associated with land acquisition and development. Prominent among the hazards that bewitch the process of land acquisition and ownership in Nigeria is the menace of the […]
Four Things That Could Determine the Value of Your Property
Land isn’t always the best asset to invest in.