Property Lagos

7 Things You Need To Know Before Buying a Land

In order to make an informed decision you won’t regret, this post is focused on highlighting the 7 things you need to know before buying a land. Several years back in Nigeria, buying Land has been one of the factors used in determining a wealthy person. It’s no longer the same now, you don’t have to be super rich before you get a land. 


Before buying a Land, there are certain things you look out for. Paying extra attention to details will save you from messy situations. You need to put a whole lot into consideration before you take the big step! Not to worry, we are here to guide you. 



7 Things You Need To Know Before Buying a Land

Know What You Want Before You Start Searching

This might appear basic, but it is the basic thing to do! Have a realistic set of expectations. What to do you expect the land to look like, where do you want it to be? Pen out what you want from the land, then you can proceed to the next step.

What is Your Budget?

You can’t buy land without having enough money. You need to ascertain your budget. Most importantly, a budget serves as a guide. In fact, it will allow you to make the best use of your funds. It is not just about having the desire to buy a land, the big question is- do you have the budget for it? Regardless of the amount you might have saved for the land purchase, it is always important to research the cost of buying a land, as well as the extra expenses associated with it. 


Read Also: How To Sell Your Property Faster

The Location

Naturally, it is expected that you consider the location before buying a Land. Inevitably, the location of the land plays a vital role. The location usually affects the cost of land. Also, you need to put into consideration the major purpose for purchasing the land. Is it for commercial or domestic purpose? Is the land strategically located? What is the potential growth of the land?

Size of The Land

You need to know the different sizes of lands and their measurements. The knowledge of these will be useful in making an informed decision about the land purchase. Fortunately, we’ve written an article on the various sizes of land in Nigeria. You should read it to learn more.

Proximity to basic amenities

You need to also look out for the proximity of the land to basic facilities such as markets, social hubs like the mall, cinemas and many others, You should also consider the serenity before buying the land. If the land is for commercial purpose, consider the distance to your target consumers, as well as the proximity to your raw materials suppliers.


Mode of Payment

Now this is a critical thing! You MUST pay attention to the mode of payment before buying a land. This is solely because many people have been duped through this process. DO NOT PAY IN CASH! Yeah, you read that right! Instead of paying in cash, and possibly losing your hard earned money to fraudsters, it is advisable to pay through cheques or bank transfers. This way you can easily track your payments made when buying a land from any agent in case things go south.


Read Also: Difference Between C of O and R of O


Get All the Required Documents

Before buying a land, it is very IMPORTANT to collect, as well as read through the documents. It is a disaster to pay for a land without having necessary documents to show that you are the rightful owner. DO NOT MAKE SUCH MISTAKE! Most importantly, ask for the proof of ownership from the seller before buying a land or carrying out any transaction. If a seller cannot provide enough proof, it is a red flag, therefore pull out from such a transaction. This is possible that he/she does not have the right to transfer the property. No matter how badly you need a land, do not go into a deal with a seller that cannot provide the proof of ownership.




Before buying a land in Nigeria, it is highly important that you look out for these 7 pointers. Ultimately, you will save yourself from stories that touch the heart. What is worth doing at all is worth doing well. 


Want to purchase a Land in Lagos, Nigeria? Do not fret, Property Lagos has got you covered. Drop us a message and we will take you through the process with no hassle!

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