The ultimate cheat sheet on real estate; If you are not investing in real estate yet, then you have no idea what you are already missing. The earlier you ventured into this investment the better for you. You can get involved either as a passive or active investor in the real estate market in Nigeria. An active investor is one that purchases properties with the intention of reselling when their values appreciate. Those who build houses and rent them out are also active real estate investors. If you are a landlord with a property built to house your family, we can refer to you as a passive investor. This is because the value of that property will surely rise in the future and you can resell it if you so desire. By the time you are reselling, you can end up making ten times more than what you spent to develop that property. The property you have built to house you and your family can also be used as a collateral to get a loan for business. In this informative guide, we will provide you with cheat sheet that will help make your real estate investment a highly profitable one.
Basic things you need to know about Nigeria real estate industry
Real estate is simply about land and buildings. When we talk about real estate in Nigeria, we mean the buying, selling, renting, or developing of land and properties like houses, shops, offices, and factories. It is different from personal property, which includes things you can move like cars, furniture, or phones. Real estate is fixed and cannot be moved.
In Nigeria, real estate is divided into several types as described below:
- Residential real estate: This includes homes where people live, such as houses, apartments, and flats. Most Nigerians invest in residential properties to provide housing for themselves or to rent out and earn income.
- Commercial real estate: These are properties used for business purposes, like offices, shops, malls, and warehouses. As Nigeria’s economy grows, more businesses need commercial spaces, especially in big cities like Lagos and Abuja.
- Land: This refers to raw or undeveloped land. Many Nigerians buy land to build on later or to sell when its value increases. Buying land can be a good investment but requires careful checking of ownership and government approvals.
- Industrial real estate: These are properties like factories and warehouses used for manufacturing or storage. This sector is growing as Nigeria’s industries expand.
- Real Estate Investment Trusts (REITs): REITs allow people to invest in real estate without buying physical property. Instead, investors buy shares in companies that own or manage real estate, making it easier to invest with less money.
When you buy property, you usually get a legal document called a Certificate of Occupancy (C of O), which proves your right to use the land for a long time, often 99 years. The government owns all land but grants these rights to individuals or companies. Real estate in Nigeria is influenced by factors like urban growth, economic changes, and government policies. Cities are growing fast, so demand for housing and commercial spaces is high.
Getting started in Nigeria real estate
Real estate investment is a good way to grow your money and secure your future. Let’s look at some simple points to help you begin your journey in Nigerian real estate.
Why invest in real estate?
Investing in real estate in Nigeria is a smart choice for many reasons. First, real estate can give you steady income if you rent out your property. Many people in cities like Lagos, Abuja, and Port Harcourt need places to live or work, so you can earn money regularly from rent.
Also, the value of properties usually goes up over time. This means if you buy a house or land today, it might be worth more in the future. This increase in value is called capital appreciation. So, when you sell your property later, you can make a profit.
In addition, real estate is a physical asset. Unlike money in the bank or stocks, you can see and touch your property. This gives you a sense of security because it is something real that you own.
Furthermore, real estate can protect your money from inflation. Inflation means prices rise over time, but as prices go up, so do property values and rents. This helps keep your investment safe from losing value. Investing in real estate can help you build a legacy. You can pass your property to your children or family, giving them financial security in the future.
Set your investment goals
Before you buy any property, it is important to decide what you want to achieve. There are two main goals people have when investing in real estate and they are highlighted below:
- Rental income: This means buying a property to rent it out. You get money every month from tenants. This is good if you want steady income to pay bills or save for the future.
- Capital appreciation: This means buying a property and holding it for some years, hoping its value will increase. You make money when you sell it later.
You can also choose to do both. For example, buy a house, rent it out to earn income, and later sell it for a higher price. Knowing your goal helps you choose the right property and plan your money well.
Property ownership and titles in Nigeria
In Nigeria, owning property means having legal documents that prove the property is yours. The most important document is the Certificate of Occupancy (C of O). This certificate is issued by the government and shows you have the right to use the land or building for a certain number of years, usually 99 years.
There are other types of ownership documents like the Governor’s Consent, Deed of Assignment, and Survey Plan. These papers show who owns the property and if it is free from problems like disputes or fraud. It is very important to understand these documents because they protect you from losing your property. Without proper ownership papers, someone else might claim the land or building.
How to verify land or property ownership
Before you buy any property in Nigeria, you must check if the owner has the right papers. Check below for some simple steps you can follow:
- Ask for the Certificate of Occupancy: This is the main proof of ownership. Make sure it is original and not expired.
- Check the Governor’s Consent: This is government approval for the transfer of the property. It shows the sale is legal.
- Verify the Survey Plan: This shows the exact size and location of the land or property.
- Visit the land or property: Go to the site to confirm it matches the documents.
- Use professionals: Hire a lawyer or a surveyor to help check the documents and ensure everything is correct.
- Check with government offices: Visit the Land Registry or Ministry of Lands in the state where the property is located to confirm the ownership details.
Types of real estate investments
There are different types of properties you can invest in and each type has its own benefits and things to consider. The four main types of real estate investments as mentioned earlier are residential properties, commercial properties, raw land, and Real Estate Investment Trusts (REITs). Each of them will be discussed in detail below:
- Residential properties: houses, apartments, duplexes
Residential properties are buildings where people live. This includes single houses, apartments, and duplexes (two homes joined together). Many Nigerians invest in residential properties because there is always demand for places to live, especially in big cities like Lagos, Abuja, and Port Harcourt.
When you buy a house or apartment, you can make money in two main ways. First, you can rent it out to tenants and earn monthly rent. This gives you a steady income. Second, over time, the value of the property may increase, so you can sell it later for more than you paid. This is called capital appreciation.
Some investors also buy residential properties to fix them up and sell quickly for a profit, which is called flipping. Others rent their properties for short stays, like Airbnb, especially in areas popular with tourists or business travelers. Residential properties are popular because they are easier to understand and manage. However, you need to be ready to handle things like repairs and finding good tenants.
- Commercial properties: offices, shops, warehouses
Commercial properties are buildings used for business purposes. This includes office buildings, shops, malls, and warehouses. These properties usually bring in higher rental income than residential properties, but they also require more money to buy and manage.
For example, if you own an office building, businesses will rent space to work. Shops and malls attract customers, so shop owners pay rent to sell their goods. Warehouses are used to store goods before they are sold or moved.
Commercial properties often have longer lease agreements, which means tenants stay for several years. This can give you a steady and reliable income. Sometimes, tenants also pay for things like property taxes and maintenance, which reduces your costs.
However, commercial properties need more money upfront, and managing them can be more complex. You may need to hire professionals to help with maintenance and tenant relations.
- Raw land: buying land in emerging areas
Raw land means buying a piece of land that has no buildings on it yet. This is a popular way to invest in Nigeria because land usually increases in value over time, especially in areas that are growing with new roads, schools, and businesses.
Buying land in emerging areas means you buy before the place becomes very popular. If the area develops well, the value of your land can go up a lot. You can then sell the land for a profit or keep it for future use.
However, investing in land requires patience because it may take years before the land value rises. Also, you must be very careful to check the land documents and ownership to avoid scams or disputes. Good research and working with trusted agents or lawyers is very important.
- Real Estate Investment Trusts (REITs): Investing without buying property
If you want to invest in real estate but do not want to buy or manage physical property, REITs are a good option. A REIT is a company that owns and manages real estate like apartments, offices, hotels, or shopping malls. When you invest in a REIT, you buy shares of the company, just like buying stocks.
REITs pay out a large part of their rental income as dividends to investors. This means you can earn money regularly without the hassle of dealing with tenants or repairs. In Nigeria, there are different types of REITs. Some own properties directly, some lend money to property owners, and others do both. REIT shares are usually traded on the stock market, so you can buy or sell them easily.
The benefit of REITs is that they allow you to invest in real estate with less money and risk. But like all investments, they can be affected by market changes and fees.
Investing in the real estate market in Nigeria
- Key cities and areas to invest
In Nigeria, some cities are very popular for real estate investment because they have many people and growing businesses. The top cities are Lagos, Abuja, and Port Harcourt. Lagos is Nigeria’s largest city and economic center. It has many business activities and a big population of over 20 million people. Areas like Ikoyi, Victoria Island, and Lekki are popular for expensive homes and offices. Mainland parts like Yaba, Surulere, and Ikeja offer more affordable homes for young workers and families. Lagos also has new places like Epe and Ibeju-Lekki where land is cheaper but growing fast because of new roads and factories.
Abuja, the capital city, is growing quickly with many government offices and businesses. Good places to buy property include Gaduwa, Katampe Extension, and Karsana. These areas have new estates and good roads, making them safe and attractive for families and investors.
Port Harcourt is important because of the oil industry. It has many workers who need homes, so residential and commercial properties are in demand. The city is expanding, and new developments are coming up in the outskirts.
Besides these big cities, other places like Gwagwalada, Eleyele, and Oguta are also becoming interesting for investors because they are cheaper and have good growth potential.
- Carry out market research
Before you buy any property, it is important to do market research. This means finding out about the area and the property to make a smart decision.
- Check how much similar properties sell or rent for in the area. This helps you know if the price is fair.
- Look at the population growth. If more people are moving to the area, property values and rents usually go up.
- Find out about new roads, schools, hospitals, and businesses coming to the area. These improve the area and increase property value.
- Talk to local real estate agents and residents to get their views.
- Visit the property yourself to see the condition and the neighborhood.
Doing good research helps you avoid buying property that might lose value or be hard to rent out.
- Consider infrastructure and location in property value
Infrastructure means all the basic services and facilities like roads, electricity, water, schools, and hospitals. Location means where the property is.Properties in areas with good roads, electricity, and water are more valuable because people want to live comfortably.
Closeness of the property to schools, markets, hospitals, and workplaces also makes a property more attractive. For example, in Lagos, areas like Lekki and Victoria Island have good infrastructure, so properties there are expensive. New infrastructure projects like the Lekki-Epe Expressway or Abuja’s new airport city increase property prices in nearby areas. If the location is far from basic services or has bad roads, property value will be lower and harder to sell or rent.
- Learn about local zoning and land use laws
Zoning and land use laws are rules set by the government about how land can be used. They help organize cities and protect property values. Zoning laws say if land is for residential (homes), commercial (shops, offices), or industrial (factories) use. Before you buy the land or property, check if the intended use matches the zoning rules. For example, you cannot build a shop in an area zoned only for houses.
In Nigeria, local government and state planning authorities control zoning. They also issue permits for building.
Financing your real estate investment
When you want to invest in real estate in Nigeria, one of the most important things to think about is how you will pay for it. Real estate can be expensive, so having a good plan for financing your investment is key to success. In this guide, we will explain in simple terms how to budget for your investment, the mortgage options and challenges in Nigeria, alternative ways to get money, and how to manage all the costs involved.
- Budgeting for your investment
Before you start looking for a property, you need to know how much money you can spend. Budgeting means making a clear plan of all the money you have and how much you want to use for your real estate investment. It is not just about the price of the property; you also need to think about other costs like legal fees, taxes, and repairs. For example, if you want to buy a house, you should add the cost of the house, the lawyer’s fees, the surveyor’s fees, and some money for fixing things that might need repair. It is smart to keep some extra money aside for unexpected expenses because things can come up during the buying process.
- Mortgage options and challenges in Nigeria
One common way to pay for a property is by getting a mortgage from a bank or mortgage company. A mortgage is a loan that helps you buy a house or land, and you pay back the money over time with interest. In Nigeria, mortgages are available but can be hard to get because banks often require a large down payment and proof that you can pay back the loan. Interest rates can be high, and the process may take a long time. Also, many people do not have access to formal mortgage loans because of strict requirements or lack of documentation.
Because of these challenges, many Nigerians find it difficult to use mortgages as their main way to finance real estate. However, if you can meet the bank’s conditions and have a steady income, a mortgage can be a good way to spread the cost of buying property over several years.
- Alternative financing: cooperative societies, savings, family and friends
If getting a mortgage is difficult, there are other ways to raise money for your real estate investment. One popular way in Nigeria is through cooperative societies. These are groups where members save money together and take turns borrowing from the group’s fund. Joining a cooperative society can help you get a loan at lower interest rates compared to banks.
Another way is to use your personal savings. Saving money little by little over time can help you gather enough to buy a property or pay a good part of it upfront. You can also ask for financial help from family and friends. Sometimes, relatives or close friends can lend you money or partner with you to buy a property. This method requires trust and clear agreements to avoid misunderstandings.
- Managing costs: down payments, taxes, maintenance, legal fees
When you buy property, there are many costs beyond the price of the land or building. One of the first costs is the down payment. This is the initial amount you pay when you start buying the property. In Nigeria, down payments can be 10% to 30% of the property price, depending on the seller or bank.
You also need to pay taxes. For example, there is a stamp duty tax when you register the property, and sometimes there are other local taxes. Legal fees are also important because you must hire a lawyer to check the property documents and make sure everything is correct to avoid fraud.
After buying the property, you must pay for maintenance. This means fixing things that break, paying for security, and keeping the property in good condition. Maintenance costs can be monthly or yearly, so you should include them in your budget.
Strategies for real estate investment
There are different strategies you can use depending on your goals, budget, and how involved you want to be. Below, we will explain four popular strategies in simple terms to help you understand and choose the best one for you.
- Buy and hold strategy for long-term wealth
This strategy means you buy a property and keep it for many years. Over time, the value of the property usually goes up, especially if it is in a growing area like Lekki, Ikeja, or Abuja. While you wait for the price to increase, you can rent out the property to earn money every month. This way, you get two benefits: steady rental income and the chance to sell the property later for a higher price.
The buy and hold strategy is good for people who want to build wealth slowly and steadily. It requires patience because property prices may not rise quickly, but it is less risky than trying to sell fast. Also, this method can give you regular income to help pay your mortgage or other expenses.
- House hacking: living in one unit and renting others
House hacking is a clever way to reduce your living costs while starting in real estate. It involves buying a building with more than one unit, such as a duplex or an apartment block. You live in one unit yourself and rent out the others to tenants. The rent you collect helps pay your mortgage and bills, so your own housing becomes cheaper or even free.
This strategy is great for beginners because it lowers the amount of money you spend on housing. It also helps you learn how to manage tenants and maintain a property. Over time, as you build equity (ownership value) in the property, you can use that to buy more real estate.
- Flipping properties: buying, renovating, and selling for profit
Flipping means buying a property that needs repair or is undervalued, fixing it up, and selling it quickly for a profit. For example, you might buy a house in a good neighborhood but with old or damaged parts. After renovating it, you sell it at a higher price because it looks new and attractive.
This strategy can make money fast, but it requires some skills. You need to know how to estimate renovation costs, find good deals, and understand the market price. If you spend too much on repairs or the market falls, you might lose money. Flipping also needs more time and effort compared to buy and hold because you must manage the renovation process and find buyers quickly.
- Diversify with REITS and other indirect investments
If you don’t want to buy physical property, you can invest in Real Estate Investment Trusts (REITs). REITs are companies that own and manage real estate like shopping malls, offices, or apartment buildings. When you invest in REITs, you buy shares and earn a part of the rental income and profits without owning the property yourself.
REITs are good for people who want to invest in real estate but have less money or don’t want the hassle of managing buildings and tenants. They offer a way to spread your money across different properties, reducing risk. REITs are regulated by the Nigerian Securities and Exchange Commission, which helps protect investors.
Legal and regulatory considerations in real estate
A good understanding of the legal and regulatory part of real estate investment helps you avoid problems like fraud, loss of money, or long court battles. Here, I will explain in simple words what you need to know about legal due diligence, working with professionals, understanding property documents, and following government rules.
Importance of legal due diligence
Legal due diligence means carefully checking everything about the property before you buy it. It is like doing a thorough background check to make sure the property is real, belongs to the seller, and has no hidden problems. In Nigeria, this is very important because many properties have issues like unclear ownership or unpaid government fees.
To do legal due diligence, you or your lawyer will:
- Check the title documents to confirm the seller really owns the property. Common documents include Certificate of Occupancy (C of O), Deed of Assignment, or Governor’s Consent.
- Search the land registry to see if there are any disputes, mortgages, or government claims on the land.
- Visit the property to confirm it matches the documents and is free from squatters or other problems.
- Verify that all necessary fees and taxes have been paid by the seller.
- Doing this helps you avoid buying fake or disputed land and saves you from future legal troubles.
How to work with real estate agents, lawyers, and surveyors
Buying property in Nigeria is not a one-person job. You need the help of professionals:
- Real estate agents: They help you find properties and negotiate prices. But be careful to choose agents who are honest and have good reputations.
- Lawyers: A lawyer is very important because they understand the legal side. They will help you check the documents, do the searches, and prepare the sale agreement. They protect your interest and make sure the deal is legal.
- Surveyors: A surveyor measures the land and creates a survey plan. This shows the exact size and location of the property. The surveyor also checks if the land is free from government acquisition or other claims.
Working closely with these professionals ensures you get the right property without problems.
Property documentation saves from fraud
Property documents are very important in Nigeria because they prove who owns the land or building. Some common documents you must know are:
- Certificate of Occupancy (C of O): This is the official document from the government showing you have the right to use the land.
- Deed of Assignment: This shows the transfer of ownership from one person to another.
- Governor’s Consent: This is a special approval from the state governor needed for the sale to be legal.
You should always ask to see the original documents, not copies. Check if the documents are genuine by comparing them with records at the land registry. Fraud is common, so never pay money before confirming the documents are real. Also, be wary of properties that are used as collateral for loans or have unpaid government fees, as these can cause problems later.
Government regulations and permits
In Nigeria, the government controls land through the Land Use Act. This means:
- You need the Governor’s Consent for any sale or transfer of land to be valid.
- After buying, you must register the property with the land registry to make your ownership official.
- Certain properties need building permits and must follow zoning laws, fire safety, and environmental rules.
Sometimes, the government may acquire land for public use, so it is important to check if the land is free from such claims.
Common challenges and how to overcome them
Real estate investment in Nigeria can be very rewarding, but it also comes with some common problems. Check below for the four major challenges many investors face and simple ways to overcome them.
- Dealing with title disputes and fake documents
One of the biggest problems in Nigerian real estate is land or property ownership disputes. Sometimes, two or more people claim to own the same land. Other times, fake or forged documents are used to trick buyers. This can cause long, expensive legal battles and even loss of property.
To avoid this, always do thorough checks before buying. Make sure the seller has a valid Certificate of Occupancy or other official documents proving ownership. Hire a trusted lawyer to help verify these documents and conduct a search at the land registry to confirm the property is free from disputes. Also, get a professional surveyor to measure the land and confirm boundaries. If a dispute arises, try to settle it through mediation or arbitration first, as these are faster and cheaper than going to court.
- Handling high interest rates and limited financing
Many Nigerians find it hard to get loans for real estate because banks charge very high interest rates. This makes borrowing expensive and sometimes impossible, especially for first-time investors. Also, banks often require large down payments and many documents, which can be difficult to meet.
To manage this, consider saving money little by little before buying property. You can also look for alternative financing options like cooperative societies, family support, or real estate investment groups where members pool money together. Some developers offer payment plans that allow you to pay in small installments over time. Always plan your budget carefully and avoid borrowing more than you can repay comfortably.
- Coping with infrastructure deficits in some areas
In many parts of Nigeria, basic infrastructure like good roads, electricity, water supply, and security may be poor or unreliable. This can lower the value of your property and make it hard to attract tenants or buyers.
Before investing, research the area well. Choose locations where infrastructure is improving or planned to improve soon. Check if there are good roads, stable electricity, and security services. Sometimes, investing in areas with ongoing government projects or private developments can increase your property’s value over time. If you already own property in an area with poor infrastructure, you might need to invest in alternatives like generators for power or boreholes for water to keep tenants happy.
- Managing tenant issues and property maintenance
If you rent out your property, dealing with tenants can be challenging. Some tenants may delay rent payments, damage the property, or cause disturbances. Also, properties need regular maintenance to stay in good condition, which costs money and time.
To reduce tenant problems, always screen potential tenants carefully. Check their background and references before signing a lease. Use a clear rental agreement that states the terms and consequences of breaking rules. Regularly inspect your property and respond quickly to repair requests. Setting aside some money for maintenance will help avoid bigger problems later. If managing tenants becomes too stressful, you can hire a property manager to handle everything for you.
Building your real estate network
To build a strong network means connecting with the right people who can help you find good properties, learn the market, and avoid problems. In this section, we will talk about four key ways to build your real estate network: finding reliable agents and professionals, joining investment groups, learning from experienced investors, and attending property exhibitions and seminars. All these will make your journey easier and more successful.
- Find reliable real estate agents and professionals
A good real estate agent is like a guide who helps you buy or sell property without stress. But not all agents are the same. You need to find one who is honest, experienced, and knows the local market well. To do this, start by asking friends or family if they know a good agent. You can also check online on social media or websites like Enugus.com, where agents are verified and reviewed by others.
When you meet an agent, ask about their experience and if they specialize in the type of property you want. Check if they have a license to work as a real estate agent in Nigeria because this shows they are qualified. Also, ask for references from past clients and call those people to hear about their experience with the agent. A trustworthy agent will be open and clear about their fees and will keep you updated all through the process. Choosing the right agent saves you time and helps you avoid scams.
- Join real estate investment groups and forums
Another way to build your network is by joining groups or forums where people interested in real estate meet and share ideas. These groups can be online on social media platforms like Facebook or WhatsApp, or physical clubs in your city. Being part of these groups helps you learn from others’ experiences, get tips on good areas to invest in, and hear about new properties before they are listed publicly.
In these groups, you can ask questions, get advice, and even find partners for bigger investments. It’s also a good place to hear about seminars and exhibitions happening near you. Joining such groups makes you part of a community that supports each other and shares useful information.
- Learn from experienced investors
Experience is a great teacher in real estate. Finding and learning from people who have been investing for years can help you avoid mistakes and make better decisions. You can meet experienced investors through your investment groups, seminars, or even by asking your agent to introduce you to some.
When you meet them, listen carefully to their stories and advice. Ask about how they started, what challenges they faced, and what strategies worked best for them. Many experienced investors are happy to mentor beginners because they understand how hard it can be starting out. Learning from their successes and failures will give you confidence and knowledge to grow your own investments.
- Attend property exhibitions and seminars
Property exhibitions and seminars are events where developers, agents, and investors come together to show and talk about real estate opportunities. These events are very useful because you get to see many properties in one place and ask questions directly to sellers and experts.
At exhibitions, you can compare prices, learn about new projects, and sometimes get special offers. Seminars often include talks from experts about market trends, financing options, and legal matters. Attending these events helps you stay updated on the market and meet many people who can become part of your network. Try to attend these events regularly. Take notes, collect contacts, and follow up with people you meet. This will grow your network and open doors to new opportunities.
Tips for beginners in Nigerian real estate
The tips below focus on how to avoid common mistakes, negotiate the right price, plan for unexpected costs, and stay patient and persistent.
- Avoid common mistakes
Many beginners rush into buying property without enough research. This is a big mistake. You must first learn about the area where you want to buy. Check if the location is growing, if there are good roads, schools, and markets nearby. Also, be careful about the documents. Always confirm that the land or house has a proper Certificate of Occupancy or Governor’s Consent. This helps you avoid fake land or ownership disputes, which are common problems in Nigeria.
Another mistake is trying to buy too expensive a property at the start. It is better to start small, maybe with a small plot of land or a modest apartment. This way, you can learn how the market works without risking too much money.
- Negotiate the right price
When you find a property you like, don’t just accept the first price. In Nigeria, prices can often be negotiated. Take time to compare prices of similar properties in the same area. This helps you know if the price is fair or too high. If you are not sure, ask a trusted real estate agent or someone who knows the market well to help you negotiate.
Remember, negotiation is about being polite but firm. Explain why you think the price should be lower, maybe because the property needs repairs or the area is still developing. Sellers often expect buyers to negotiate, so don’t be afraid to try.
- Plan for unexpected costs
Buying real estate is not just about the price of the land or house. There are many other costs you must plan for. These include legal fees for lawyers, surveyor fees to check the land size, government taxes, and sometimes renovation or repair costs.
It is smart to keep some extra money aside as an emergency fund. This will help you cover any surprise expenses that come up during or after your purchase. For example, you may find out the property needs fixing, or you might have to pay extra fees to clear the land title.
- Stay patient and persistent
Real estate investment in Nigeria is not a way to get rich quickly. Sometimes, you have to wait for years before your property value increases or you find a good buyer or tenant. This means you must be patient.
Also, you may face challenges like slow paperwork, delays in government approvals, or finding the right tenant. Don’t give up. Keep learning, asking questions, and working with trusted people. Persistence is key to success in real estate.
Conclusion
Nigeria real estate is fast growing and can be highly profitable. At the same time, investing in it can be risky. This is why you must get all the information you can ever need to get yourself adequately prepared and make your investment more profitable. In this guide, we have provided you with some of the best tips that can help you make a mark when you invest in real estate in Nigeria. The tips above will be helpful to both beginners and professionals in real estate. Before you buy the next virgin land or house in any part of Nigeria, make sure you first go through the tips provided above and you will never regret it.
