What’s The Best Type Of Land To Buy?

I was discussing with a prospect recently and he asked me this question; “Hassan, What’s the best type of land to buy in Lagos?” I had never given this question a complete thought but I had to respond, and this was my reply; “It depends on a number of factors; The first thing you have to consider is the status of the land.  You also have to consider the title, location and potential for appreciation. Talking about status, the best lands are those that are free from government acquisition. (I mean lands that have not been committed for use by the government) Then we talk of title; the best land titles are those that have either C o fO, gazette or governor’s consent.  These are called proper titles because the government recognizes the land which they represent as belonging to an individual or an entity. You also have to consider the location; is the land located in a place where it's value can appreciate fast?  Is it somewhere you can make reasonable capital gains on resale of land? Does the area have potential for development? If you construct rental apartments in that area, is there potential for cashflow increasing over time? Does it suit your intention for investing? Is it free from dispute? These are the factors you should consider when planning to invest in landed properties. Hassan Ismail Founder, Best Property Deals PS: Did you know that lands in ibeju lekki currently appreciate by up to 100% every year? By 2021, a plot of land that currently costs N3m will easily be worth over N15m or more. Call me or reply this email and let’s discuss how we can get you an asset that is safe and has a potential for huge profits….within your budget You can call me at anytime on 0809 261 9008 or send me an email to hassan@bestpropertydeals.com.ng  You can also chat me up on whatsapp: 0807 204 6437 Visit our website: http://bestpropertydeals.com.ng/