1. LOCATION
Location is the number one thing to consider when buying a Land in Abuja. The location will determine what value the land will be in the future because a land in a developed area will cost more than a land in a developing area . The land in a developing area is always cheaper now, but after some years it will be very expensive.
2. LANDMARK AND NEIGHBORHOOD
You need to check who are going to be your neighbors before buying a land . A lot of people make this mistake before buying land . The landmark in that neighborhood are the key to how fast an area will develop and the value the land will appreciate to.
3. ENVIRONMENT
Checking the environment will help to know the land you want to use for housing purpose is safe to live around, as you don’t want to live in a polluted environment.
4. ACCESSIBILITY/INFRASTRUCTURE
While buying a land always check the accessibility of the land to the main road.
5. SECURITY/SAFETY
You need to know how secure the area you are planning to buy a land is before buying land there. Also check if the community itself has a way of tackling challenges.
6. ZONING RESTRICTIONS
It is important to know the zoning permits of the area you are trying to buy land from as this will help you to know what government plan for that area is . You will not be allow to build a factory where Government has already mark for residential.
7. SOIL QUALITY AND COMPOSITION
Soil composition will determine how you will build your new house . This will tell you the additional money you need to spend on the land when the time comes.
8. SIZE OF THE LAND
You need to also check to know if the size of the land corresponds what the owner said it is. The only way to do this is to get a surveyor who will come and survey the land and get the actual measurement.
9. LEGAL DOCUMENT
After you have checked the above list , the next thing to check is the legal documents that the land has, by this I also mean the title of the land . The main document to check for is the Survey plan, Deed of assignment, Excision and Gazette.
10. PRICE OF THE LAND
I decided to leave this till you have checked to confirm other things I have listed above first as they will determine what the price of the land should be. For example land without any title can never be priced the same as land with C of O. Because each of this title cost money to get. Therefore, the owner will definitely add these expenses to the cost of the Land.
LEGAL PRACTITIONERS AND CONSULTANTS PROPERTIES MAITAMA, ABUJA, NIGERIA
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