FAQ
FAQ
Frequently Asked Questions
How do I verify that a property is genuine before making payment?
Before making any payment, ensure that proper due diligence is conducted. This includes verifying ownership documents, confirming the property’s legal status with the relevant government authorities, checking for encumbrances, and inspecting the property physically. We recommend engaging qualified legal professionals to assist with the verification process.
What documents should I receive when purchasing a property in Nigeria?
The documents may vary depending on the property and location, but commonly include:
- Survey Plan
- Deed of Assignment
- Contract of Sale
- Receipt of Payment
- Certificate of Occupancy (C of O) or other title documents
- Allocation Letter (for estates)
- Governor’s Consent (where applicable)
Our team will guide you through the documentation process for every transaction.
What is a Certificate of Occupancy (C of O)?
A Certificate of Occupancy (C of O) is a legal document issued by the government that grants a person or entity the right to occupy and use land for a specified period, typically 99 years. It is one of the most recognized land title documents in Nigeria.
How long does the property acquisition process take?
The timeline depends on factors such as document verification, payment completion, and legal processing. In many cases, transactions can be completed within a few days to several weeks. Properties with complete documentation generally have faster processing times.
Why should I invest in real estate in Nigeria?
Real estate remains one of the most reliable investment opportunities in Nigeria due to:
- Long-term capital appreciation
- Rental income potential
- Growing urban population
- Increasing demand for housing and commercial spaces
- Protection against inflation
With proper planning and professional guidance, real estate can be a valuable addition to your investment portfolio.
Can I purchase a property through installment payment?
Yes. Many of our properties are available through flexible payment plans. Depending on the property, buyers may spread payments over several months or years after making an initial deposit. Specific installment options are provided for each property listing.
Are there additional costs apart from the property purchase price?
Yes. Additional costs may include:
- Legal fees
- Survey fees
- Documentation fees
- Development levy
- Registration fees
- Governor’s Consent fees (where applicable)
The exact charges depend on the property’s location and type. All applicable fees are usually disclosed before completion of the transaction.
Can Nigerians living abroad buy property in Nigeria?
Absolutely. Nigerians in the diaspora can legally purchase land and properties in Nigeria. We provide virtual property inspections, digital documentation processes, and secure payment channels to make transactions convenient for overseas buyers.
Do you offer property management services?
Yes. Depending on the property type, we can assist with property management services such as tenant sourcing, rent collection, maintenance coordination, property inspections, and general asset management to help property owners maximize their investments.
What should I consider before investing in real estate?
Before investing, consider:
- Property location
- Accessibility and infrastructure
- Title documentation
- Future development prospects
- Security of the area
- Potential rental or resale value
- Your investment goals and budget
Proper research helps maximize returns and reduce risks.
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