Buying land Lagos Nigeria - The process of buying available land for sale in Lagos Nigeria is pretty simple. I will cover all of the steps involved in this land purchase guide.

Note that buying land is the first concern. After you successfully purchase a piece of land, you will likely begin to worry about how to secure your investment. This land purchase guide also cover the common sense steps you can follow to secure your investment.
So, what is the process of purchasing land in Lagos Nigeria?

Well, the first thing to do when considering buying land is to locate the land you wish to buy.But, how do you know that a particular land is available for sale?

You can find land for sale using offline and online means.

Offline sources include:
* Browsing property magazines that list properties for sale in mainland and island areas of Lagos Nigeria
* Browsing daily newspaper magazines. These sometimes feature land and buildings for sale
* Talking to friends and family about your desire to buy a plot of land
* Contacting a real estate agent near where you live to help you find land available for sale

Online sources of buying land include:

1. Searching the major search engines like Google, Yahoo, or Bing to find properties available for sale
2. Browsing through land for sale directories on established Lagos Nigeria real estate websites like this one to find land for sale that meets your criteria
3. Conducting a land search using a real estate search tool that combs the entire Nigeria real estate website to narrow down to the land for sale that meets your search criteria

Things To Consider During Land Purchase

When buying land, please take the following into consideration.

1. Determine the size of land required for the building project

2. Determine in advance the number of floors you want in the building project

3. Buy land in an area where high rise buildings are allowed, if you wish to build a high rise building.
4. Verify that the land is free from government acquisition

5. Verify that the person selling is really the owner

6. Evaluate the distance of the land you wish to buy from oil pipeline route, where applicable

7. Evaluate the distance of the land from power line route, where applicable

8. Evaluate the distance of the land from the major highway, where applicable

9. Evaluate the distance of the land from the moat or natural gorge, where applicable

Government regulations specify distances for items 6-9 above. However, some land sellers will tell you it doesn't matter whether the land does not meet the distance requirement from pipelines, highways, power lines, and moats.

My advice?

Don't believe what they say.

When you purchase land that contravenes the land act, sooner or later, the government will take action against you.

Land Buying Etiquette

Some land buyers try to outsmart their real estate agent by reneging on the real estate commission they are suppose to pay to the agent after the transaction is completed.

Do not be like them.

Yes, the transaction may have been concluded and you have secured your land purchase. But don't forget to remunerate those estate agents who worked hard to help you get the best deal.

As the Lord Jesus said, "the worker is deserving of his wages".

Therefore pay the real estate agents involved in the transaction the full amount of the estate agent commission.

Another thing to remember is this . . . do not try to save money by writing the purchase agreement yourself or using a quack to do so.

Engage the services of a real estate attorney when drawing up the real estate contract. It will save you a lot of trouble.

One more thing.

Draw up a solid real estate contract or agreement using an attorney even if the seller is your friend, relative, or trusted acquaintance. This is called due diligence.

This is not about whether you trust your friend or relative or not. It's about doing what is right.

Don't let emotions cloud your sense of judgment . . . your sense of right and wrong.

Get the right contract drawn up and properly signed by the parties concerned. It's the right thing to do.

How To Secure Your Land Investment

After buying land, one of the first things you can quickly do is to fence it round to signify that possession has been taken. If the land is already fenced round, good for you.

A second must-do is to start processing your documents immediately with the land registry of the Lagos state government. This process officially transfers the title from the previous owner to you, the new owner.

The sad fact is that a lot of land owners do not do this. And this eventually creates ownership title debate in the future that may swing the law courts against you in the event of a dispute with the seller's children or extended family members.

So, my advice is . . . officially transfer ownership to yourself by registering the title change officially with the Lagos state government.

Sure, this will cost you money. But it will secure your land investment.

A third way of buying land and securing it is to build a small gate house or a set-back boys quarters and getting someone to live within the premises of the property.

This is especially useful when you buy an investment property you do not plan to develop for a long period or a good number of years.

The person residing in the property will become you 'eye and ears', keeping you informed of events around the vicinity of your land purchase area.

Guess what.

You don't need to spend a dime on salary for this person. Simply look for a trustworthy poor fellow who already lives around the neighbourhood and offer to allow him stay in the one or two room gate house or BQ free of charge.

You know what?

He will be more than grateful to send you regular updates in exchange for free accommodation.

This is a true win-win situation.

Bottom line.

Use an experienced real estate consultant when buying land in Lagos Nigeria. And use the win-win strategies above to secure your land purchase investment.

http://www.lagos-nigeria-real-estate-investing-guide.com/buying-land.html

Lalasticlala, Dominique, Lawyer

Thanks @havillaplus

Very sure info

mazinoweb:
Thanks @havillaplus

Uwc

Nice tips but can also apply to other states.

Informative

Okay

I see.

Yeyegist:
Nice tips but can also apply to other states.

Yea

Most of land scams takes place in Lagos. Thanks for this post op

Ok

Helpful

Shine your eyes oo

ss

To ju eeee

no matter hw many guidin tips u listed sme pipo wil stil be dupe

perezzie:
no matter hw many guidin tips u listed sme pipo wil stil be dupe

Most times it is greedy people that get duped. They want over cheap land. And again they dont carry out proper investigation before buying. I have had a case where I told a man about a land in Ibeju Lekki. I told him to go to our office so they take him there for inspection. He claimed he know Ibeju Lekki so well. He went by himself and he was shown another land by some guys there. N3m wasted. He started disturbing me to help me sell the land.

havillaplus:


How To Secure Your Land Investment

A second must-do is to start processing your documents immediately with the land registry of the Lagos state government. This process officially transfers the title from the previous owner to you, the new owner.

The sad fact is that a lot of land owners do not do this. And this eventually creates ownership title debate in the future that may swing the law courts against you in the event of a dispute with the seller's children or extended family members.

So, my advice is . . . officially transfer ownership to yourself by registering the title change officially with the Lagos state government.

Sure, this will cost you money. But it will secure your land

What is of registering a plot of land with Lagos State govt. does it varies per location/local govt.

Is the registraton different from rectification?

Our family is looking to sell our large expanse of land in delta State . land is located along Benin - asaba express road , Aniocha south local government Area of delta State, just about 10mins drive from Asaba main town . (638
hectares in total ) It's along the Benin-Asaba express way. *100% security guaranteed. *No hassles or village youths/elders problems. *Amiable and very hospitable community. *Easily accessible. *Well secured. *Availability
of labor and workforce on demand . *Surrounded by rapidly developing areas. * Confirmation of property is available at the Local government Price- 2 million per
hectare ( Negotiable) *Titles include Survey plan, deed of conveyance, C of O. We are open to outright sales, sales in parts and partnership. For enquiries and inspection, Contact me 09080950214, 08126939687

Good stuff

Good post

havillaplus:
Buying land Lagos Nigeria - The process of buying available land for sale in Lagos Nigeria is pretty simple. I will cover all of the steps involved in this land purchase guide.

Note that buying land is the first concern. After you successfully purchase a piece of land, you will likely begin to worry about how to secure your investment. This land purchase guide also cover the common sense steps you can follow to secure your investment.
So, what is the process of purchasing land in Lagos Nigeria?

Well, the first thing to do when considering buying land is to locate the land you wish to buy.But, how do you know that a particular land is available for sale?

You can find land for sale using offline and online means.

Offline sources include:
* Browsing property magazines that list properties for sale in mainland and island areas of Lagos Nigeria
* Browsing daily newspaper magazines. These sometimes feature land and buildings for sale
* Talking to friends and family about your desire to buy a plot of land
* Contacting a real estate agent near where you live to help you find land available for sale

Online sources of buying land include:

1. Searching the major search engines like Google, Yahoo, or Bing to find properties available for sale
2. Browsing through land for sale directories on established Lagos Nigeria real estate websites like this one to find land for sale that meets your criteria
3. Conducting a land search using a real estate search tool that combs the entire Nigeria real estate website to narrow down to the land for sale that meets your search criteria

Things To Consider During Land Purchase

When buying land, please take the following into consideration.

1. Determine the size of land required for the building project

2. Determine in advance the number of floors you want in the building project

3. Buy land in an area where high rise buildings are allowed, if you wish to build a high rise building.
4. Verify that the land is free from government acquisition

5. Verify that the person selling is really the owner

6. Evaluate the distance of the land you wish to buy from oil pipeline route, where applicable

7. Evaluate the distance of the land from power line route, where applicable

8. Evaluate the distance of the land from the major highway, where applicable

9. Evaluate the distance of the land from the moat or natural gorge, where applicable

Government regulations specify distances for items 6-9 above. However, some land sellers will tell you it doesn't matter whether the land does not meet the distance requirement from pipelines, highways, power lines, and moats.

My advice?

Don't believe what they say.

When you purchase land that contravenes the land act, sooner or later, the government will take action against you.

Land Buying Etiquette

Some land buyers try to outsmart their real estate agent by reneging on the real estate commission they are suppose to pay to the agent after the transaction is completed.

Do not be like them.

Yes, the transaction may have been concluded and you have secured your land purchase. But don't forget to remunerate those estate agents who worked hard to help you get the best deal.

As the Lord Jesus said, "the worker is deserving of his wages".

Therefore pay the real estate agents involved in the transaction the full amount of the estate agent commission.

Another thing to remember is this . . . do not try to save money by writing the purchase agreement yourself or using a quack to do so.

Engage the services of a real estate attorney when drawing up the real estate contract. It will save you a lot of trouble.

One more thing.

Draw up a solid real estate contract or agreement using an attorney even if the seller is your friend, relative, or trusted acquaintance. This is called due diligence.

This is not about whether you trust your friend or relative or not. It's about doing what is right.

Don't let emotions cloud your sense of judgment . . . your sense of right and wrong.

Get the right contract drawn up and properly signed by the parties concerned. It's the right thing to do.

How To Secure Your Land Investment

After buying land, one of the first things you can quickly do is to fence it round to signify that possession has been taken. If the land is already fenced round, good for you.

A second must-do is to start processing your documents immediately with the land registry of the Lagos state government. This process officially transfers the title from the previous owner to you, the new owner.

The sad fact is that a lot of land owners do not do this. And this eventually creates ownership title debate in the future that may swing the law courts against you in the event of a dispute with the seller's children or extended family members.

So, my advice is . . . officially transfer ownership to yourself by registering the title change officially with the Lagos state government.

Sure, this will cost you money. But it will secure your land investment.

A third way of buying land and securing it is to build a small gate house or a set-back boys quarters and getting someone to live within the premises of the property.

This is especially useful when you buy an investment property you do not plan to develop for a long period or a good number of years.

The person residing in the property will become you 'eye and ears', keeping you informed of events around the vicinity of your land purchase area.

Guess what.

You don't need to spend a dime on salary for this person. Simply look for a trustworthy poor fellow who already lives around the neighbourhood and offer to allow him stay in the one or two room gate house or BQ free of charge.

You know what?

He will be more than grateful to send you regular updates in exchange for free accommodation.

This is a true win-win situation.

Bottom line.

Use an experienced real estate consultant when buying land in Lagos Nigeria. And use the win-win strategies above to secure your land purchase investment.

http://www.lagos-nigeria-real-estate-investing-guide.com/buying-land.html

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You are right op, but you should have used the term Nigeria rather than Lagos because all you wrote is also applicable to other parts of the country except that Lagos is more risky in buying land due to the menace of omo nile and the issue of swampy areas. For investors that want to buy land in Owerri, Galaxy Properties is here to assist you and equally ensure you not only buy genuine land but also at the best price possible. We dont add a kobo to what the land seller is offering to sell his or her land simply because we are contented with our legitimate commission. We have assisted several nairalanders including those within and outside Nigeria to buy land and there has never been any issue whatsoever because we make sure that we only advertise lands that are genuine. We also give the buyer access to both the land & the land owners contact for independent verification by them or their trusted representatives. Contact us today on the address on signature & you will be glad you did.

Thanks OP. Check my signature for the best and hitch free affordable Lands in Lagos.