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Four Types Of Land You Should Never Buy - Investment - Nairaland

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Four Types Of Land You Should Never Buy by mendoza9(m): 10:21am On Jun 24, 2023
𝐓𝐘𝐏𝐄𝐒 𝐎𝐅 𝐋𝐀𝐍𝐃 𝐘𝐎𝐔 𝐒𝐇𝐎𝐔𝐋𝐃 𝐍𝐄𝐕𝐄𝐑 𝐁𝐔𝐘 🛑‼️


Over the years, I have had clients who sadly bought lands that ended up becoming bad news as they were lands they should not buy at all.

This is the reason why I want to put this out before you commit your money to buying that landed property.

If you are planning to buy a landed property anywhere, these are the four (4) kinds of properties you should NEVER buy.

1) COMMITTED LAND:
A parcel of land that is committed has been earmarked for use by the government. For instance, if the Government plans to build a hospital on a parcel of Land, then the Land is committed.

These lands are untouchable and cannot be registered for use by individuals or corporates. If you buy this kind of land mistakenly, there is nothing anyone can do to get the Government to release them to you.

2) AGRIC LANDS;
Unless you are buying this land for farming, You should avoid Agric lands. Agric lands are those lands that have been earmarked by the Government strictly for farming.

If you buy this kind intending to use it for residential purposes, the possibility of getting a Title is very slim if non-existent.

3) UNTITLED LAND:
Before you buy any Landed Property the first thing you should request to know is the Title document. Knowing the types of documents available is also important.

Do not buy any land without a Title document; that is a red flag. You don't know what you are buying into.

4) LANDS WITHOUT A SURVEY PLAN:
A survey plan is proof that a Landed property exists. It shows the coordinates, and boundaries of the land. You must request for the survey plan before buying any landed property.

But, do you know that your chances of buying these kinds of Lands
are eliminated if you indulge the service of a Real Estate Consultant? I can conduct due diligence before allowing you to buy any landed property!!

Are you Seeking for a genuine and safe landed Property to buy in Nigeria that will give you that consistent cashflows and maximum returns on investments (ROI)?

Are you looking to own one or more properties in these best locations in Nigeria?

Do you want to achieve your desire of becoming a Smart Landlord and Landlady?

I encourage you to send a direct message so that we can help you acquire more wealth and become financially free

To achieving your financial freedom,
Babatunde...
+2347039079656

Have a blessed weekend 🤗

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