Looking for Genuine Land

Eve · #1 (**permalink**) 25th January 2007, 09:38 AM

Kindly, can one still buy a land for 150k in Lagos area? Where? if there is any pls

ghm · #2 (**permalink**) 3rd February 2007, 12:56 PM

A friend just told me of Agbara Estate area. It's about 280K inside the estate and 180K outside the estate.

I will give you more details if you are interested.

kaypinchi · #3 (**permalink**) 11th February 2007, 07:42 AM

I do not think there is land available for that amount in Lagos. I am in the industry and even the remote areas with no accessible roads go for N300k and above. Agbara estate is definately not that cheap. It is far above the quoted figure.

Land cost mainly depend on location, accessibility and potential to inhabit immediately etc. Are u ready to buy and develop or just buying for investment? genuine land are very much available if u are interested.

Eve · #4 (**permalink**) 11th February 2007, 05:23 PM

Where is Agbara?

Kindly tell me where and how to find genuine land for Investment and the cost pls

ghm · #5 (**permalink**) 3rd March 2007, 01:14 PM

@ Eve, I am not into real estate, I reside also in PH, but I trust the friend that mentioned it to me and he is getting from it too (about 30 plots now).

If you want more info, send ur e-mail address and I will forward the mails to you.

dotunk · #6 (**permalink**) 18th March 2007, 06:39 PM

Quote:

Originally Posted by ghm

@ Eve, I am not into real estate, I reside also in PH, but I trust the friend that mentioned it to me and he is getting from it too (about 30 plots now).

If you want more info, send ur e-mail address and I will forward the mails to you.

ghm

I am also interested in the info about land. please send details to dotunk@yahoo.com.

Thanks

Geeman · #7 (**permalink**) 11th May 2007, 03:49 AM

Can you tell us where Agbara Estate is? If this is real, I will also be interested.
I bought some plots in Abuja a few years ago and with the way things are right now in Abuja, I don't know if I can still call them mine, but a genuine land in Lagos, will be of interest to me to buy and develop, while a moderately priced landed property in Abuja will also interest me. Any trustworthy information? Please mail graciousgee@yahoo.com

ghm · #8 (**permalink**) 11th May 2007, 11:01 AM

Sorry for the long absence.

I am not too familiar with Lagos these days but I trust the friend who mentioned it to me and she is also getting some from it.

I have have forwarded the mail to Geeman and Dotunk. Eve, I do not know ur e-mail addy I would have included you.

Regards
Segun

alade · #9 (**permalink**) 11th May 2007, 02:03 PM

Hello Eve, I am an Estate Surveyor (Chidi Nwakwuoke &Co Estate Surveyor and Valuer) {Amori Shopping Complex,Suite C8 2nd Floor, Orelope Bus -Stop, Egbeda Lagos state. I will like to give a piece of a professional advice concerning your land purchase enquiry. There might not be much to tell you for now but it might be better if you could just give me a call on this number 08066345245 or better still, if u can make it to the above address. Have a nice time.

Avocado · #10 (**permalink**) 11th May 2007, 02:12 PM

Quote:

Originally Posted by Geeman

Can you tell us where Agbara Estate is? If this is real, I will also be interested.
I bought some plots in Abuja a few years ago and with the way things are right now in Abuja, I don't know if I can still call them mine...

The plots 'll most likely still be yours. Depending on what sort of plots you had, did you have the papers processed before February 2007? If you did, your plots are most probably safe; if you didn't, you need a solicitor fast. There're any number of good lawyers who could wrap this up in weeks for a modest fee. Don't just let go of what's yours.

.

babatunde akinyemi · #11 (**permalink**) 13th May 2007, 12:35 AM

Agbara Estate is a fairly well developed area which is mostly industrial with a trickle of residences. It is situated in Ogun State though it shares border with Lagos State. It is off Bagagry Express Way,a 50 Minutes drive from central Lagos.

As a solicitor dealing in land in Lagos and its environs I know as fact that the price of a plot in the estate itself is in the region of =N=10M. Plots of land in the environs of the estate is about =N=400,000.00 inclusive of the compulsory foundation levy imposed by the landholding family.

Speculating on land in Lagos is a very risky affairs. I will advise that you not buy land which you are not ready to develop immediately because the landowners will almost certainly sell the same land to some other person and you will have only protracted litigations on your hands.

To make money on land in Lagos restrict yourself to either buying registered land with building already erected on it, or buy Lagos State low cost housing flats or buy land within private estates developed at places like Lekki or Ikoyi by reputable property development companies like Uacproperties.

dotunk · #12 (**permalink**) 13th May 2007, 06:42 PM

true... very true!

dotunk · #13 (**permalink**) 13th May 2007, 06:46 PM

ture... very true!!!

Geeman · #14 (**permalink**) 14th May 2007, 03:09 AM

Thanks Babatunde.
The prices were too good to be true. My contact in Lagos has confirmed what you have written. I do not want to purchase a law suit.

olusolakemmy · #15 (**permalink**) 16th May 2007, 10:45 PM

i see u r outside Nigeria, singapore or something.
Please be veryyyyyyyyyyyyyyy careful with land dealings.
Follow legal procedures and like you have been advised, dont buy land without having money to develop it, otherwise u stand a risk of loosing same to other ready buyers.

Depending on what you want, ogun state goverment is selling some land along lagos ibadan express way, that area is fast developing and they even have GRA comng up, the recently advertised price for plot of land is abt 400k.
because is from the goverment, there is some degree of security.

so goodluck

Geeman · #16 (**permalink**) 17th May 2007, 03:43 AM

Thanks men. I never really would have paid money to anyone without doing a thorough search. My professional background makes that prospect simply unthinkable

shogbenga · #17 (**permalink**) 22nd June 2007, 09:14 AM

Quote:

Originally Posted by alade

Hello Eve, I am an Estate Surveyor (Chidi Nwakwuoke &Co Estate Surveyor and Valuer) {Amori Shopping Complex,Suite C8 2nd Floor, Orelope Bus -Stop, Egbeda Lagos state. I will like to give a piece of a professional advice concerning your land purchase enquiry. There might not be much to tell you for now but it might be better if you could just give me a call on this number 08066345245 or better still, if u can make it to the above address. Have a nice time.

i need land for between 120k-150k along lagos-ibadan expressway. someone should assist. my e mail: shogbenga@yahoo.com

estateguru · #18 (**permalink**) 4th September 2007, 08:09 AM

I know of a property for sale at a very reasonable price at the outskirts of Lekki, precisely ibeju-lekki. The property is negociable for N5 million.

Properties in Lekki do not cost less than N10 million however, the returns are usually good. It is also a place of people with class at the Lagos Island.

Let me know if you are interested.