₦airaland Forum

Please house I will be glad if anyone can advise me on what to do. I live here in Ikota Lekki in a rented house but I have 1 acre dry land at the back of yotomi estate at ofada/ owode egba side that I bought long time ago and now worth 2.5m per plot. I’m not used to living in an undeveloped area because of security reasons although there are many underdeveloped estates around my land and good road network. My problem now is that I don’t know if I should go develop my land or use that money I was supposed to use to develop my land to buy another land here on island and leave it till I have resources to build it, because the price of this land on island will build a palatable 6 bedroom duplex on my land at ofada. I’m just confused which one to go for because I can’t keep living in a rented house and my work doesn’t stop me from living anywhere because I’m self employed and own my business.

wineconnoisseur:
Please house I will be glad if anyone can advise me on what to do. I live here in Ikota Lekki in a rented house but I have 1 acre dry land at the back of yotomi estate at ofada/ owode egba side that I bought long time ago and now worth 2.5m per plot. I’m not used to living in an undeveloped area because of security reasons although there are many underdeveloped estates around my land and good road network. My problem now is that I don’t know if I should go develop my land or use that money I was supposed to use to develop my land to buy another land here on island and leave it till I have resources to build it, because the price of this land on island will build a palatable 6 bedroom duplex on my land at ofada. I’m just confused which one to go for because I can’t keep living in a rented house and my work doesn’t stop me from living anywhere because I’m self employed and own my business.

Go and build on your land and rent it out. Then proceed to save up more money to buy land on the Island if you do wish.
You can buy from all these estates where you get to by on installments

dawnomike:
Go and build on your land and rent it out. Then proceed to save up more money to buy land on the Island if you do wish.
You can buy from all these estates where you get to by on installments

wineconnoisseur:
Please house I will be glad if anyone can advise me on what to do. I live here in Ikota Lekki in a rented house but I have 1 acre dry land at the back of yotomi estate at ofada/ owode egba side that I bought long time ago and now worth 2.5m per plot. I’m not used to living in an undeveloped area because of security reasons although there are many underdeveloped estates around my land and good road network. My problem now is that I don’t know if I should go develop my land or use that money I was supposed to use to develop my land to buy another land here on island and leave it till I have resources to build it, because the price of this land on island will build a palatable 6 bedroom duplex on my land at ofada. I’m just confused which one to go for because I can’t keep living in a rented house and my work doesn’t stop me from living anywhere because I’m self employed and own my business.

You are already used to living in the island

I think you should buy land on the island

Sell the o e you have at Mowe, add to the proced and start something on the new land you bought

If you buy land and leave it for long, they may sell it and relocate you to a place you will not like

In a nut shell, settle on the island and do away with Mowe

Build your own house please.
If you can’t live there…you rent it out.