7 Things To Look Out For When Buying a Home In Lagos
Buying a home is one of the major decisions everyone will ever think of. Are you looking at buying a home in Lagos? If yes, there are certain things to look out for when buying a home.
These are major things to look out for. They can never be overemphasized most especially in Lagos State, Nigeria. Lagos is a great place to buy property and when it comes to buying a home, one needs to be very careful before making any transaction.
ATTENTION: Are you looking for a home to buy on Lagos Island from Lekki down to the Ibeju Lekki axis? Please send a message below.
7 Things To Look Out For When Buying a Home In Lagos
- DEVELOPER TRACK RECORD:
Who is the developer or the owner of the house you want to buy? You need to look at this. You also need to know other projects the developer has. What is the track record of the company? Find this out when you want to buy a home in Lagos.
MUST READ: 5 BASIC INFRASTRUCTURE A REAL ESTATE DEVELOPER MUST PROVIDE FOR YOU
- AFFORDABILITY AND LOCATION:
What is your capacity? In real estate, location determines the price of a property. You can’t go and be looking for a home in Lekki or Ikoyi when your budget or capital is thirty million naira (N30,000,000).
ATTENTION: Are you looking for an affordable off-plan house in Lekki and Ajah axis? Send a direct message below.
The home you want to buy in Lagos, can you afford it? If you can afford it then you can afford the location as well. Go to a location you can afford and buy a home there.
- ROAD NETWORK:
The road network is very important when looking for a home to buy in Lagos. You must check if the road to the house is well-motorable and can be easily accessed.
It is better to buy a house that is costly but has a good road network than to buy a cheap house with a bad road. Don’t make this mistake. Have seen a lot of home buyers making this mistake because the house is more cheaper.
- SECURITY:
In Lagos, Nigeria please don’t joke with security. This is why it is okay and beneficial to buy your home inside a secured estate. If the location is not secured especially at night, please do not consider buying.
- ELECTRICITY:
Electricity is important. 24/7 light in Lagos might seem impossible but don’t buy a home where electricity is bad.
This is more reason why I tell home buyers to buy their home from a real estate company because the issue of electricity is always being put into consideration.
- PORTABLE WATER SYSTEM:
Water is life. We need water on a daily basis. Don’t only check for water but check if the water is clean and can be used for your laundry and other things water is used for.
- SEWAGE AND DRAINAGE SYSTEM:
Please avoid areas where flooding is likely to take place. Check out for sewage and drainage system when considering buying a house in Lagos.
Those 7 things should not be overlooked when you are making the decision to buy a home in Lagos. You must ensure you check the above point before making any transaction to buy a home in Lagos.
MUST READ: 7 THINGS TO LOOK OUT FOR WHEN BUYING A LAND IN LAGOS
For more details about real estate investment in Lagos, please reach out to Peter at +234 901 509 4850 or click on the WhatsApp button on your screen.
