Owerri is currently about the fastest growing city in Nigeria today. However, within the city, there is a new developing area at Naze where lands are cheap but appreciating rapidly as lots of investors keep buying up lands around there.
This area was an impenetrable jungle a few years back, but two major markets were recently moved to Naze and coupled with the fact that the area is a neighboring community to Nekede that has a higher institution, it has led to a boom in property around there.
You could buy land around here for 500k just a few a couple of years back but they are now selling for 1.5 to 3m. However, considering the type of estates that are springing up there on a weekly basis, lands there would most likely sell for 5m in no distant time. The area is the only residential area in Owerri closest to Imo airport.
Its pros include
1. Virgin territory without presence of indigenous settlement.
2. Proximity to Imo airport.
3. Completely residential without students, hotels or markets (at least for now).
4. Relatively cheap.
5. Accessible, the Aba/Owerri road that is nearby has been dualized and widened with street light, while the other major road, Nekede/Iheagwa road has been widened too.

I can assure you with absolute confidence that this is the best area to buy land in Owerri for residential purposes.

Contact us today @ Galaxy Properties, 134 Douglas road, opp Sunic Fast-food, Owerri or call 0806 819 8016.

With as low as 1.5 million naira, you could be the proud owner of a land in this soon to be exclusive estate.

Galaxy Properties have an excellent and unblemished record of selling genuine and hassle free lands, and we have sold several lands to Nairalanders over the years, including clients that never came in person but sent representatives to come for inspection and payment after negotiations with us.

We are reputable and try as much as possible to be honest and open with our clients. This is why we don't mind giving the contact details of land sellers to either our clients or their lawyers for independent verification.

As a land buyer in Owerri, all that is required of you is:

1. Choose a land you want.
2. Agree on a price with seller.
3. Ask trusted friends, relatives or lawyer to go for inspection.
4. Request for the land details I.e. is it inherited land? What documents does it have? Is it registered at the ministry of lands? What is the reason for selling it? Etc
5. Pay for Ego Omenala (Tradition money) if you are okay with the land.
6. Pay for the land proper.
7. Pay agent fee of 5% to the agents that connected you with the buyer.
8. Possess your land and make your presence felt. You can do these buy clearing and burning the woods, fencing, surveying and registration etc
9. Pronto, you own your land forever!!

Owning a land in the city is one of the most reliable insurance against future uncertainties in a volatile country like Nigeria.