Lekki, Lagos is a prime location – a beautiful blend of urban energy and coastal charm. It’s no wonder so many dream of owning a piece of this paradise. But before you get swept away by the dream, a reality check is essential. Here are some crucial points to consider to avoid becoming a victim of land fraud or disappointment:
- Verify, Verify, Verify: Don’t just take a seller’s word for it. Engage a lawyer to conduct a thorough land title search. This ensures the land is legally owned by the seller and free from any encumbrances.
- Beware of Unrealistic Deals: If the price seems too good to be true, it probably is. Lekki land is valuable, and suspiciously low prices might indicate issues with ownership, government approvals, or the land itself. Check out our land banking scheme here in Lekki.
- Understand Zoning Regulations: Not all land in Lekki is suitable for all purposes. Research zoning restrictions to ensure the land allows for the type of property you envision building.
- Beware of Omonile Issues: Lekki has a history of land disputes with “Omonile” (indigenous landowners). Partner with a reputable real estate agent who understands the local landscape and can guide you through navigating any potential claims.
- Physical Inspection is Key: Don’t buy land sight unseen. Always conduct a physical inspection of the property. Look for potential flooding risks, access to utilities, and proximity to planned infrastructure projects.
By taking these precautions, you can approach your Lekki land purchase with confidence. Remember, due diligence is your best friend in this competitive market.