Buying a
plot of land in Abuja with intention of building your dream home can bring more
or less unique challenges, from locating the perfect location to planning
permission and other legalities. We take a more detailed look at the ins and
outs.
When it
comes to finding building plots and land for sale in Abuja these days, it can at
times be easier said than truly done. Almost 49% per cent of land coming on to
the current market is Abuja is brownfield - land that is or was engaged by a stable
structure that has become unused, underused or abandoned, and has possible redevelopment
potential - and 51% per cent is greenfield - undeveloped land, such as recreational
grounds and parks. This vacant land, owned by a collection of individuals,
companies and land investors, can prove a meaningful investment for those considering
building a new home.
How Do I Find Land For Sale in Abuja?
When eyeing
to buying land for development, there are many methods to finding your ideal
plot. These include some of the following routes:
Estate Agents
Even
though largely in the business of selling ready-built properties. several
estate agents sometimes have building land on their books too. And even if they
do not have something suitable, it worth making the enquiry and leaving your
details e.g. email and phone number. Estate agents often have abundant connections
from within the building trades, property developers, Land investment clients
and so on - any of which could lead to news of a possible land deal.
Land Agents
Land
agents work in the same way as estate agents, but deal exclusively with
building plots and land, with or without planning permission. The agents who
purely trade in land are far and few between, but as specialists in their
field, could offer more promise to the potential land buyer than the average
estate agency.
On The Internet
Today
there are several websites on the web that offer a plot search facility, and
allow you to browse through a large and extensive database of land currently
for sale. Some websites even include aerial photographs and all the basic
details. Private sellers of land frequently use databases of this nature
because they don't have to pay to advertise on it.
Recommended
online databases include:
http://www.nigeriapropertycentre.com/abuja
http://www.privateproperty.com.ng/abuja-property/774.htm
http://www.privateproperty.com.ng/abuja-property/774.htm
Advertisements
It is
worth scanning through all the local newspapers and notice boards in your chosen
area for any potential land sales. Discovery of an advertisement can be
unpredictable, but once in a while, private sellers may possibly place adverts
for a direct sale. On the other hand, placing an advertisement or bill board
declaring you are looking for land to purchase in the area may pay extras if
you can acquire a plot not yet on the market.
Auctions sale
Land
auctions are not a common practice in Abuja but can be a source of cheap land sale.
Often advertising in local newspapers, the land for sale via auction is often
the consequence of bankruptcy, so a quick sale is crucial. Nevertheless, as
with any auction sale, which can be easy to become carried away and pay over
the odds for the plot of land, so tread carefully the manner you go about it. In
addition land auctions are not devoid of risk and often work largely on
sold-as-seen deal. You should make sure the plot is exactly what you are after
before the auction.
Personal Search
It is likely
the FCDA local council may have land for sale, so making initial enquiries may
well offer a lead. And why not drive around your chosen area to see if any
plots are vacant, because some may be available with the ideal 'Land for sale'
signage while others may not be so open. There could be possible plots of land
as part of large gardens or land with abandoned buildings on, so making polite
and modest enquiries could bring helpful results. Even land clearly already
owned by potential developers may be available for sale.
A Replacement Build
This alternative
is increasing in popularity more and more in Abuja - particularly in
sought-after areas like Garki, Wuse, etc. where land can be at a premium - and
the property doesn't have to be dilapidated for it to be a financially viable
venture. Several self-builders find get rid of an existing building, whatever
may be the condition, to rebuild is often more rewarding than renovating.
Demolition is remarkably cheaper
See More...
Property in Abuja
Abuja property for sale
See More...
Property in Abuja
Abuja property for sale
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