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Why Invest In Virgin Land? - Properties - Nairaland

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. / 591sqm Virgin Land @ Joseph Harrison Street Iwaya, Yaba / virgin land for Quarry Stone For Sale (2) (3) (4)

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Why Invest In Virgin Land? by Yeecar(m): 1:09am On Dec 01, 2014
Why Invest in Virgin Land?

Think for a while; have you heard of ‘Boom-burgs’? They are cities that are growing so rapidly. Relating this to our country, have you also considered the fact that our population has grown so much between 1990 and now and keeps rising just like other countries across the globe? Consequently, the level at which people migrate from rural areas to urban cities have increased tremendously particularly in Lagos Nigeria. These people would need somewhere to live and much more where to work and somewhere to play.

As much as it is true that people live, work and play within a building but then, these buildings need to be placed on land.
From generations past, land has been viewed as a hard asset with real, tangible value. You can live on it, build a home on it, farm on it – you name it. A piece of land never “goes away” – it is something tangible hence, ownership of land has always being the goal of people in various strata of life all across the world. More fortunes have been made by owning land than any other investment – some of the rich people you might have heard in the world today are making it big in the real estate and mostly in landed property.

Individual investors now have excellent opportunities to acquire build-able residential home sites in planned communities across Nigeria, and it has never been easier, more affordable or a better time to do so. The biggest benefits to owning land is that as the population continues to grow, land will become more and more valuable. It’s a simple case of supply and demand as elementary economics teaches that price will always increase when there is demand. Investing in land itself (with no structures or improvements) has several advantages especially if you’re thinking long-term.


When you have finally decided to make purchases, the followings are the major steps to take.

Consult your agent for details or history of the particular areas where you wish to make a purchase.

Let your lawyer carry out a search on the land otherwise, you can hold meetings with the family that owns the land in company of an experienced legal practitioner for further enquiry.

Go for site inspection and also consider other critical factors that could enhance fast development before you make payment for the land.

Check proximity to your office or business.

Check soil texture to know if you will be able to match the financial task required if the soil is waterlogged and needs filling, and if you are going for a storey building, can you afford the type of foundation that will be required?

Consider the probable commercial value of the land in nearest future.

Consider nearness to high tension cable (wires). By law, you are required to leave out at least 60m from high tension cables.

Check proximity of site to petroleum pipeline.

Check proximity to major roads. If your site is too close, and the road is expanded in the future, it may affect your property.

Consider the level of the ground to the surrounding environment; that is the topography. Is your site at the lowest level to the
neighbouring sites, would runoff water likely to converge on your site when the place is fully developed?

Check for adequate drainage plan system in the area.

If you are okay with the land after having met most of these requirements above.

Get your land surveyor to accompany you to the site with his instruments.

Take possession of your land by taking off with your project immediately with at least the erection of a fence.

Go with a camera or recording gadget when you want to make payment for future security reason.

Ensure that every discussions and payments are properly recorded particularly when transacting on land without a title document from the Omo oniles- natives.

You can arrange with the natives- omo onile for deferred or staggered payments depending on the quantity and purpose of the purchases.

Do you require further guide or comments on purchases of cheap land around Lagos?

Contact Mr Olayinka on
+234 8156334581
+234 7064983344 (Whatsap)
Re: Why Invest In Virgin Land? by QueenAw(f): 1:58am On Dec 01, 2014
A plot of land measuring 670sqm approx is up for sale. The plot is located at Lafiaji, Lekki. Lafiaji is opposite Okoya's house, it is right after the 2ND Lekki toll gate and near Chevron. Plot is near the Orchard Hotel, Lekki, Lagos.
Asking Price- N16,000,000 (Negotiable)

Email- rawill2000@hotmail.com or call 07085247836

No gimmicks! Owner Direct Sale. Copy of land survey available upon request.

Serious buyers only pls.
Re: Why Invest In Virgin Land? by Yeecar(m): 2:37pm On Dec 02, 2014
Contact Mr Olayinka on
+234 8156334581
+234 7064983344 (Whatsapp)
+234 7088146839
BBM: 29203B36
anibabaolayinka@yahoo.co.uk
Re: Why Invest In Virgin Land? by Yeecar(m): 6:57pm On Aug 18, 2015
07064983344
Re: Why Invest In Virgin Land? by Nobody: 2:53am On Aug 19, 2015
Yeecar:
Why Invest in Virgin Land?

Think for a while; have you heard of ‘Boom-burgs’? They are cities that are growing so rapidly. Relating this to our country, have you also considered the fact that our population has grown so much between 1990 and now and keeps rising just like other countries across the globe? Consequently, the level at which people migrate from rural areas to urban cities have increased tremendously particularly in Lagos Nigeria. These people would need somewhere to live and much more where to work and somewhere to play.

As much as it is true that people live, work and play within a building but then, these buildings need to be placed on land.
From generations past, land has been viewed as a hard asset with real, tangible value. You can live on it, build a home on it, farm on it – you name it. A piece of land never “goes away” – it is something tangible hence, ownership of land has always being the goal of people in various strata of life all across the world. More fortunes have been made by owning land than any other investment – some of the rich people you might have heard in the world today are making it big in the real estate and mostly in landed property.

Individual investors now have excellent opportunities to acquire build-able residential home sites in planned communities across Nigeria, and it has never been easier, more affordable or a better time to do so. The biggest benefits to owning land is that as the population continues to grow, land will become more and more valuable. It’s a simple case of supply and demand as elementary economics teaches that price will always increase when there is demand. Investing in land itself (with no structures or improvements) has several advantages especially if you’re thinking long-term.


When you have finally decided to make purchases, the followings are the major steps to take.

Consult your agent for details or history of the particular areas where you wish to make a purchase.

Let your lawyer carry out a search on the land otherwise, you can hold meetings with the family that owns the land in company of an experienced legal practitioner for further enquiry.

Go for site inspection and also consider other critical factors that could enhance fast development before you make payment for the land.

Check proximity to your office or business.

Check soil texture to know if you will be able to match the financial task required if the soil is waterlogged and needs filling, and if you are going for a storey building, can you afford the type of foundation that will be required?

Consider the probable commercial value of the land in nearest future.

Consider nearness to high tension cable (wires). By law, you are required to leave out at least 60m from high tension cables.

Check proximity of site to petroleum pipeline.

Check proximity to major roads. If your site is too close, and the road is expanded in the future, it may affect your property.

Consider the level of the ground to the surrounding environment; that is the topography. Is your site at the lowest level to the
neighbouring sites, would runoff water likely to converge on your site when the place is fully developed?

Check for adequate drainage plan system in the area.

If you are okay with the land after having met most of these requirements above.

Get your land surveyor to accompany you to the site with his instruments.

Take possession of your land by taking off with your project immediately with at least the erection of a fence.

Go with a camera or recording gadget when you want to make payment for future security reason.

Ensure that every discussions and payments are properly recorded particularly when transacting on land without a title document from the Omo oniles- natives.

You can arrange with the natives- omo onile for deferred or staggered payments depending on the quantity and purpose of the purchases.

Do you require further guide or comments on purchases of cheap land around Lagos?

Contact Mr Olayinka on
+234 8156334581
+234 7064983344 (Whatsap)

Is fence and a gate adequate protection for property?

(1) (Reply)

A Two Bedroom Apartment @ Kings Court Abuja For N750,000.00 / Plots Of Land With Cofo At Baruwa Ipaja Lagos. / 1 Plot Of Land For Sale At Iyana Ilogbo Ogun state @1.5M

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