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Nairaland Forum / Nairaland / General / Properties / The Most Important Thing To Consider Before Buying A Property In Lagos (365 Views)
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The Most Important Thing To Consider Before Buying A Property In Lagos by johnca(m): 10:00am On Apr 25, 2016 |
As the saying goes... The three laws of real estate is Location, Location, Location In Lagos, you hear of a property on the island i.e Lekki, V.I costing hundreds of millions of naira while you can buy five times of its equivalent in other areas at an even lower price! You will ask why? The answer is POSITIONING in other word LOCATION. The area in which your property is located goes a long way in determining how fast the value will increase. There are a number of things to consider. What is the development rate of the area like? What other types of investments can be found there? What is the population in the place like- is it over crowded, sparsely populated or just growing? What classes of individuals live there? We're the real estate industry - not the manufacturers. So Nairalanders Check this Infograph from Lamudi and tell me which one you will go for
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Re: The Most Important Thing To Consider Before Buying A Property In Lagos by Juxtified(m): 10:16am On Apr 25, 2016 |
Isn't the amount you have in your pocket a bigger consideration than the location sir? |
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Office Space Needed / Gone / Promo!!!! Cherry Wood Courts Estate At N1.5m Per Plot(cofo)lekki Free Trade Zone
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