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Investing In Land In Abuja(08096293810) - Properties - Nairaland

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Investing In Land In Abuja(08096293810) by myproperty(m): 2:22pm On Feb 26, 2012
Land business is one of the most lucrative business, if not the most lucrative business in Abuja as at today. But you need the right information before you invest your money.

Basically, abuja land are being allocated by the FCDA and Area councils. The FCDA land are more expensive,while the area councils land are cheaper. The cheapest FCDA land are in Kuje south and karshi.But I want to write about Kuje area councils land.

The land here are quite cheaper and are very good for investment.The land are sold in 1000m2 to as much hectares as you want.This land are within the airport road-immigration office axis(sauka village extension).

you can get 1ha of land in this area for just N300,000 and 2ha for just N500,000.But what you should know is that these areas are not where you can develop now,you can only buy this place for future development or for future sale. On purchase you would be the original allottee(meaning that the land document would carry your name).

Now, how much do you think that land would be valued when development start to catch-up.Do you want to remain a tenant forever.Have you noticed the rate people are buying land in Abuja now,dont you think it would get to a time that most of the land available for sale would be re-sale ones and how expensive it would be. You have an oppurtunity to buy land cheap in Abuja now even if it is inside the bush and gain may be inseveral millions of naira in the future.

Some of us dont know what 1ha means.A full plot of land in abuja is 1000m2(100 by100),and 1ha contains 10plots of 1000m2 each and 2ha contains 20plots. that is what you are buying for N300,000 and N500,000.You can call for other areas.

For more information contact 08096293810
Re: Investing In Land In Abuja(08096293810) by eafa: 7:30am On Apr 23, 2013
If you buy and don't develop within a short period of time, won't they take the land back? Abuja lands are very problematic!

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