Land for Sale

Investing in Ibeju-Lekki, Lagos

Investing in Ibeju-Lekki is a no-brainer.  When you consider the Lagos State master plan and the on-going developments in the area, you just know that owning a portion of Ibeju-Lekki is a must. It is the second largest local government in Lagos state and it borders the Atlantic Ocean. The opportunities it presents are numerous.  By the time the Dangote refinery,  Lekki Free Trade Zone,…

Dont’ buy land because others are buying

Most times people who want to buy land often fall victim of what is called Bandwagon Effect. They buy because others have bought. They use the fact that others have bought and have probably started building as a yardstick for determining if the land is good or not. They say “all this people that have bought cannot be wrong”. This is a wrong strategy and…

Too many Government Acquired and Committed Lands in Lagos

So many lands in Lagos state are under government acquisition or committed. Now and again we read reports about the housing deficit in Lagos state. Some reports claim we need about 1 -3 million housing units to solve the housing shortage problem. In spite of this, the government keeps holding on to a lot of lands. For example, a large chunk of Ibeju-Lekki is either…

Ibeju Lekki Land

These days it seems almost every real estate agent is selling land in Ibeju-Lekki. Everybody wants land in Ibeju-Lekki because of its investment potential considering the massive projects ongoing (e.g Dangote Refinery) and those already in the pipeline. Most of the agents don’t even know if the Ibeju-Lekki land they are marketing has good title or not. They don’t know that a large chunk of…

Land Excision in Lagos

Beware of lands in Lagos with “Processing Excision” title. There has been a proliferation of real estate companies claiming to have lands for sale all over Lagos especially in Ibeju Lekki axis. Some of the lands they are selling have genuine titles but most of them don’t especially those on which they claim to be “processing excision”. They tell prospective buyers they have started processing…