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Buying A Property In A Developed Area Or Undeveloped Area? - Properties - Nairaland

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Buying A Property In A Developed Area Or Undeveloped Area? by winta2008: 9:36pm On Jul 05, 2020
I was figuring something out with my friend and I told him that the cost of building a house in a land that is in site and the cost of building in an underdeveloped area is same.

Why can't him save more money to buy a land in a place that is already developed. He got a land in an underdeveloped area for 4M While a well developed area is between 15M and above.

Can someone tell me the pros and Cons?
Re: Buying A Property In A Developed Area Or Undeveloped Area? by Akhigbeblog(m): 9:50pm On Jul 05, 2020
Chai na wa
Re: Buying A Property In A Developed Area Or Undeveloped Area? by Nobody: 10:38pm On Jul 05, 2020
winta2008:
I was figuring something out with my friend and I told him that the cost of building a house in a land that is in site and the cost of building in an underdeveloped area is same.

Why can't him save more money to buy a land in a place that is already developed. He got a land in an underdeveloped area for 4M While a well developed area is between 15M and above.

Can someone tell me the pros and Cons?
A 4M plot of land is under developed?
Re: Buying A Property In A Developed Area Or Undeveloped Area? by winta2008: 11:17pm On Jul 05, 2020
Ennyhorlar:

A 4M plot of land is under developed?

2 bedroom flat goes for like 150k.

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