Hi, everyone. There is something I have wondered about regarding land purchase, especially in Lagos, several times that I wish someone could enlighten me on.

I have seen people who bought pieces of land at relatively cheap prices in outskirts, such as Sango and Ogijo, in the past. These got them at between 50k and 100k some years ago when reputable real estate companies sold for at least about four times those prices.

Those individuals didn't or don't seem to have issues after the purchases. I know some who have also been living in houses they built in these places.

I have been told about or offered land costing N100k to N300k in the past one year or two in those two places I mentioned earlier. But I have been reluctant seeing the issues that some people have from purchasing land. I can hardly afford losing such money.

From my research, I discovered that other fees one would have to pay may amount to up to five times the price of land bought. I saw on the website of a popular real estate company, for instance, some 'documentation fees' totalling more than N1 million naira for land priced at between 500k and 1m.

This makes me wonder: how do those people who bought land at low prices and built without issues manage it? Please guide me. I'm doing my head in on this.

Any idea, anyone?