How To Build House In Nigeria
If you are in Nigeria, one of the best step or approach to financial freedom is to build houses or to acquire and estate and build houses in them for short let, sale or for appreciated then sell. This is because houses has high appreciation rate from the time of building. So in this article, we will be guiding you step by step on the procedures to build houses in Nigeria, we shall also be focusing on the cost of building houses in various locations in FCT Abuja which is can also be applicable in various parts and states in Nigeria.
To build a house in Nigeria, the first thing you have to do as an individual or an entity is to make researches on the landed property to buy in terms of legibility, document types and other important means of land verification processes.
Things To Research About The Lands
- R of O: Right of occupancy is the document given to individuals or organizations who acquires land in an estate.
- C of O: Certificate of occupancy is the certificate that is given to individuals who owns an estate or first bought a land from the Government.
- Government Consent: It is a good document that shows that Government of a particular state is aware of the land existence and that it has been sold to mr A or B
- Deeds of Assignment
- Building plan
- Developer and marketer of the Land
- Estate or community land
How To Build House In Nigeria
Having said all of the above, we can then say that a person who want tot build a house in Nigeria should watch out for the following information:
- Choose a land location within any state e.g. Abuja
- choose the right land size in square meter for the kind of house you want to build
- Choose a reliable real estate company to purchase the landed property
- Ask all the questions about the available document for the land
- make payment and collect the right land document for land you want to buy
- Get the correct building plan for the estate land
Conclusion
In summary, starting the process of building a home in Nigeria needs serious thought and extensive study. A successful endeavor requires careful consideration of every stage, from choosing the ideal site and size to grasping the complexities of property paperwork. Individuals or businesses can more skillfully negotiate the intricacies of land acquisition by concentrating on components like R of O, C of O, government approval, and deeds of assignment. Safeguards in the process also include collaborating with reputable real estate firms and verifying the authenticity of the paperwork. In Nigeria’s vibrant real estate market, building a home may ultimately be a big step towards financial freedom and investment success with careful planning and attention to detail.
