How much is a plot of land in Lagos?

How much is a plot of land in Lagos?

The average price of residential land for sale in Lagos is ₦7,560,000 per plot. The most expensive residential land costs ₦150,000,000 per plot while the cheapest costs ₦450,000 per plot.

How do I buy land in Lagos Nigeria?

Legal Guide to buying Property in Lagos

  1. Step 1 – Decide on a Budget and Location.
  2. Step 2 – Hire a competent Lawyer.
  3. Step 3 – Look for the perfect (or almost perfect) property.
  4. Step 4 – Investigating the Seller.
  5. Step 5 – Investigating the Property.
  6. Step 6 – View the Property.
  7. Step 7 – Negotiation.
  8. Step 8 – Documentation.

How much does a plot of land cost in Nigeria?

The average price of land for sale in Nigeria is ₦5,000,000 per plot. The most expensive land costs ₦140,000,000 per plot while the cheapest costs ₦400,000 per plot.

How much is a plot of land in Banana Island?

A typical plot of land on the island usually goes for between $4 million and $6 million, and the cheapest building on the island costs upward of $8 million. But because of the ridiculous prices of property on the island, about 60% of the completed buildings are currently unoccupied.

How much is land in Ogun?

The average price of land for sale in Ogun is ₦1,800,000 per plot. The most expensive land costs ₦25,000,000 per plot while the cheapest costs ₦341,000 per plot. There are 11,514 listings and 819 available land for sale in Ogun, Nigeria.

How many plot is an acre of land?

6 plots
An Acre is a propduct of any rectangular plot of land giving a total of 4,046sqm OR 43,560sq ft. An Acre consist of 6 plots each measuring 6 x 120ft.

How many SQM make a plot?

Helpful land measurement conversions

Unit of area Conversion unit
1 Plot 18 m x 30 m = 540 sqm or 18 m × 36 m = 648 sqm or 30 m x 30 m = 900 sqm ***Note, Sizes of plots do vary: always ask for plot sizes in square meters***
1 Acre 43,560 square feet or 4046.86 square meters or 0.404686 hectares