WHAT YOU NEED TO KNOW BEFORE BUYING A LANDED PROPERTY IN NIGERIA

What you need to know before buying a a landed property in Nigeria

There are a few things you should consider before buying a landed property in Nigeria. Some of these include:

1. Location: The location of the property is an important factor to consider. Look for a property that is located in a safe and convenient area, with easy access to schools, shopping, and other amenities.

2. Title and ownership: Make sure the property has a clear and valid title, and that the seller is the rightful owner of the property. You may want to hire a lawyer to help you verify the ownership and title of the property.

3. Zoning and building regulations: Check to see if the property is in compliance with local zoning and building regulations. This will help ensure that you can legally use the property as intended.

4. Utilities and infrastructure: Consider the availability and reliability of utilities and infrastructure, such as electricity, water, and roads. Make sure the property has access to these services, or that they can be easily installed.

4. Cost: Determine the total cost of the property, including any additional fees or expenses, such as closing costs, legal fees, and property taxes. Make sure the cost fits within your budget and consider getting a home loan or mortgage to help finance the purchase.

Buying a landed property in Nigeria can be a complex process, so it is important to do your research and be prepared. By considering these factors, you can make an informed decision and find a property that meets your needs and fits your budget.