{"id":11304,"date":"2019-02-06T00:00:13","date_gmt":"2019-02-05T23:00:13","guid":{"rendered":"https:\/\/www.propertypro.ng\/blog\/?p=11304"},"modified":"2019-02-06T17:15:09","modified_gmt":"2019-02-06T16:15:09","slug":"buying-a-house-in-lagos","status":"publish","type":"post","link":"https:\/\/propertypro.ng\/blog\/buying-a-house-in-lagos\/","title":{"rendered":"Guide to Buying a House in Lagos"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Let&#8217;s be honest, for every typical <\/span><b>Nigerian<\/b><span style=\"font-weight: 400;\">,<\/span><b> buying a house<\/b><span style=\"font-weight: 400;\"> or <\/span><b>owning a home<\/b><span style=\"font-weight: 400;\"> is top on the bucket list. It is every Nigerian\u2019s dream to be a homeowner at some point in life. \u00a0This \u201cbig step\u201d somehow depicts maturity or that a person is ready to start a family. However,<\/span><b> buying your dream house<\/b><span style=\"font-weight: 400;\"> can be a dream come true or one of your biggest regret. It is therefore essential to treat this process with patience in order to avoid some <\/span><b>common home buying mistake.<\/b><span style=\"font-weight: 400;\"> Especially in a megacity like <\/span><b>Lagos<\/b><span style=\"font-weight: 400;\">, where the <\/span><b>risk of fraud<\/b><span style=\"font-weight: 400;\"> is high, exercising patience during <\/span><b>real estate transactions<\/b><span style=\"font-weight: 400;\"> cannot be overemphasized. That being said, this article is geared towards giving you a step-by-step <\/span><b>guide to buying your dream in Lagos. <\/b><\/p>\n<p><span style=\"font-weight: 400;\">It is understandable that you are wildly enthusiastic about <\/span><b>buying a house in Lagos, <\/b><span style=\"font-weight: 400;\">you probably want to skip the protocols and switch to level pro. However, before buying a house in Nigeria or in another place in general, it is absolutely necessary that you take time out to understudy the environment, the people and its social facilities.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Lagos is the smallest in area mass but ironically the largest in terms of population. This makes it extremely important that you do not fall prey to swindlers who seem to be getting better at their skill. Keeping that in mind, let take a quick tour around the <\/span><b>city of Lagos.<\/b><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-11310 size-full\" src=\"data:image\/png;base64,iVBORw0KGgoAAAANSUhEUgAAAYYAAADcAQMAAABOLJSDAAAAA1BMVEUAAACnej3aAAAAAXRSTlMAQObYZgAAACJJREFUaIHtwTEBAAAAwqD1T20ND6AAAAAAAAAAAAAA4N8AKvgAAUFIrrEAAAAASUVORK5CYII=\" data-src=\"https:\/\/www.propertypro.ng\/blog\/wp-content\/uploads\/2018\/10\/Realestate-18.jpg\" alt=\"houses in Lagos, Nigeria\" width=\"1200\" height=\"628\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/www.propertypro.ng\/property\/3-bedroom-flat-apartment-for-sale-water-corporation-drive-victoria-island-extension-victoria-island-lagos-S8548\">HOUSES FOR SALE IN LAGOS<\/a><\/p>\n<h2><span style=\"font-weight: 400;\">Overview of Lagos, Nigeria<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Lagos is infamous for being the <\/span><b>most populated city in Nigeria<\/b><span style=\"font-weight: 400;\"> and in <\/span><b>Africa<\/b><span style=\"font-weight: 400;\"> as a whole. \u00a0Characterized by noisy and populated areas, busy roads and gridlock during peak hours. Lagos rarely has a boring side. The city prides itself as one of the <\/span><b>fastest growing cities in the world <\/b><span style=\"font-weight: 400;\">and a <\/span><b>major financial hub in Africa<\/b><span style=\"font-weight: 400;\">. It is certainly one of the <\/span><a href=\"https:\/\/www.propertypro.ng\/blog\/10-reasons-you-need-to-live-in-lagos\/\"><b>best places to live in Nigeria<\/b><\/a><\/p>\n<p><span style=\"font-weight: 400;\">With a population of about 7,937,932 inhabitants as at the 2006 census, Lagos is to Nigeria what <\/span><b>New York <\/b><span style=\"font-weight: 400;\">is to the <\/span><b>United States of America. <\/b><span style=\"font-weight: 400;\">Lagos was originally inhabited by Yorubas but today, there are over 250 ethnic groups represented here. Lagos is now commonly referred to as \u201cno man\u2019s land\u201d. <\/span><\/p>\n<p><b>Lagosians<\/b><span style=\"font-weight: 400;\">-as locals are commonly called, enjoy a thriving nightlife in the district as Lagos is also said to be \u201cthe city that never sleeps\u201d. From job opportunities, amazing resorts, exciting nightlife, cheap food, premium entertainment, the Lagos traffic and Agbero, countless worship centres and of course-the Lagos parties. What is not to love about the beautiful <\/span><b>Lagos Metropolitan Area?<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Although <\/span><b>Abuja<\/b><span style=\"font-weight: 400;\"> is the <\/span><b>capital of Nigeria<\/b><span style=\"font-weight: 400;\">, Lagos is called <\/span><b>\u201cthe commercial capital\u201d of Nigeria. <\/b><span style=\"font-weight: 400;\">The city experiences a daily influx of people from different parts of the country. Most people come into Lagos for one business transaction or the other. Some other relocate in order to benefit from the opportunity and advantages that come with living in a nerve centre of the nation.<\/span><\/p>\n<p><a href=\"https:\/\/www.propertypro.ng\/property\/3-bedroom-house-for-sale-ikorodu-sagamu-road-ikorodu-lagos-Z7162\">FLATS FOR SALE IN LAGOS<\/a><\/p>\n<h2><span style=\"font-weight: 400;\">How to Find the Best House to Buy in Lagos<\/span><\/h2>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Draw Out a Budget<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Use the Ideal Property Finding Platform<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Decide on the Home Type that best suits your needs<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Ask the Neighbours <\/span><\/li>\n<\/ul>\n<h3><span style=\"font-weight: 400;\">Draw Out a Budget<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Budgeting is the first and one of the most important things to before buying a house in Lagos. It is one aspect that you don\u2019t want to get wrong or you won\u2019t get a box of tissues things go south. It is also essential not to jump on every cheap offer to avoid being scammed. Don\u2019t lose sight of your money budget in a bid to get the fanciest house. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">One mistake first-time buyers make is not deciding on how much they are willing to spend on a house and sticking to the budget. Some even go as far getting a mortgage to help finance the purchase without a proper payback plan. It is, therefore, necessary to cut your coat according to your cloth as buying a house in Lagos can be a tricky experience. <\/span><\/p>\n<p><a href=\"https:\/\/www.propertypro.ng\/property\/4-bedroom-flat-apartment-for-rent-magodo-shangisha-kosofe-ikosi-lagos-Z7173\">APARTMENTS FOR RENT IN LAGOS<\/a><\/p>\n<p><span style=\"font-weight: 400;\">When buying a house without a budget, you are very likely to spend more than what is needed. Before you embark on buying a house, it is very worthwhile to ask yourself, how much do I want to spend? You do not only come up with a budget, but you should also ensure that you stick to it.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Use the Ideal Property Finding Platform<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">In recent times, the method of moving from house to house before settling for a particular property can be a very exhausting task. Stop to think of this, if that was the only means there was to find a house of your choice how many houses can you cover? And think of the time it is going to consume.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, thanks to technological advancement, the stress of finding a <\/span><b>property for sale in Lagos <\/b><span style=\"font-weight: 400;\">has been halved. One simple means of getting your dream home without breaking a sweat is to<\/span><b> use the right property finding sites. <\/b><span style=\"font-weight: 400;\">Property listing sites like <\/span><a href=\"https:\/\/www.propertypro.ng\/\"><b>PropertyPro.ng <\/b><\/a><span style=\"font-weight: 400;\">provides a trusted platform where house hunting is made easy. This way, home seekers can check out as many properties as possible and settle for something that suits their needs. This platform also connects you to trusted real estate agents. <\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Decide on the home type best suits your needs<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">This is one of the first things to do when trying to <\/span><b>buy a property. <\/b><span style=\"font-weight: 400;\">Unlike <\/span><b>renting an apartment, buying a house <\/b><span style=\"font-weight: 400;\">is a more delicate decision. There are a number of risks that come with it, most of which will eventually determine how you will enjoy your new home. As said earlier, owning a <\/span><b>house in Lagos <\/b><span style=\"font-weight: 400;\">can be one of the best decisions to make or one of the worst. What determines what the outcome of this choice is how well you do your due diligence. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you have ever been to Lagos or lived here, then it is certain you are aware that Lagos is divided into two-the Lagos mainland and Lagos Island. These two parts of Lagos differ in terms of prices of properties among other factors. There are several <\/span><b>residential properties for sale in Lagos<\/b><span style=\"font-weight: 400;\">. You could almost never run out of a place to look. However, what you settle for should be based on the homeownership goal as an individual\u2019s want and need differ. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">In deciding on a house to buy, it is important to put into consideration why you are getting a house in Lagos, what type of house you want, where in Lagos you want your house situated and of course things you want in your house. For a family raising children, a neighbourhood that has no school in its vicinity may be a wrong choice. For those who work on the Island, getting a house that is in proximity to their place of work may also be important. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Buying a house isn\u2019t just any random decision or process, it is one that requires a lot of thought and work. Lagos offers a wide array of houses for sale which ranges from Bungalows, duplexes, townhouses and penthouses. An important point to note is that the prices of these houses differ from location to location as well as depending on the facilities found within. Remember to make your list as precise and as realistic as possible.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-11307 size-full\" src=\"data:image\/png;base64,iVBORw0KGgoAAAANSUhEUgAAAYYAAADcAQMAAABOLJSDAAAAA1BMVEUAAACnej3aAAAAAXRSTlMAQObYZgAAACJJREFUaIHtwTEBAAAAwqD1T20ND6AAAAAAAAAAAAAA4N8AKvgAAUFIrrEAAAAASUVORK5CYII=\" data-src=\"https:\/\/www.propertypro.ng\/blog\/wp-content\/uploads\/2018\/10\/apartment-architecture-art-276724.jpg\" alt=\"buying a house in Lagos\" width=\"1920\" height=\"1080\" \/><\/p>\n<h3><span style=\"font-weight: 400;\">Ask the neighbours<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Talking to people in the neighbourhood where you intend to buy a house is a very good idea. Neighbours will reveal factors that property owners may intentionally or unintentionally skip doing the buying process. It is important to get in touch with people who have lived around for a while. As the old saying goes, \u201cLearn from the experience of others\u201d. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">First-time buyers often make the mistake of taking the seller\u2019s word hook, line and sinker. To avoid the risk of being defrauded, it is necessary to do a mini-survey about the neighbourhood by talking to residents around. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The next step you probably want to consider is to check out the neighbourhood. That is after you must have found an ideal apartment or property, it is important to check out the neighbourhood. Most times the listing might not contain all the information you need to make a <\/span><\/p>\n<h2><span style=\"font-weight: 400;\">What to Consider Before Buying a House in Lagos<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Some<\/span><b> important things to consider when buying a house in Lagos<\/b><span style=\"font-weight: 400;\"> include<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Location<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Price of the property<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Social Facilities <\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Cost of maintenance<\/span><\/li>\n<\/ul>\n<h3><span style=\"font-weight: 400;\">Location<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">The location of your house is a very important factor to consider. The <\/span><b>cost of buying a house <\/b><span style=\"font-weight: 400;\">in Lagos sometimes depends on the location of the property in question. As mentioned earlier, Lagos is divided into two parts and in terms of real estate, these two parts differ in price. The price for<\/span><a href=\"https:\/\/www.propertypro.ng\/property-for-sale\/lagos\/ajah\/lekki-gardens-estate\/?search=lekki&amp;auto=&amp;type=&amp;bedroom=&amp;max_price=\"> <b>houses for sale in Lekki<\/b><\/a> <span style=\"font-weight: 400;\">is undoubtedly more than the prices for<\/span> <a href=\"https:\/\/www.propertypro.ng\/property-for-sale\/lagos\/ikorodu\/agric\/?search=ikorodu&amp;auto=&amp;type=&amp;bedroom=&amp;min_price=&amp;max_price=\"><b>houses in Ikorodu<\/b><\/a><span style=\"font-weight: 400;\"> or any other area in Lagos. <\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Price of the Property<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">When trying to get a house for sale in Lagos, it is essential that you put the cost of the property into consideration. There are a number of affordable properties for sale in Lagos. The cost of the house largely depends on the location, facilities available and other hidden charges (such as the certificate of occupancy). Some<\/span><b> high-end areas in Lagos<\/b><span style=\"font-weight: 400;\"> such as Ikoyi, Victoria Island houses a vast number of <\/span><b>luxury homes for sale. <\/b><span style=\"font-weight: 400;\">Therefore, when buying a house in Lagos, the cost of the property as when as other hidden charges should be clearly noted. For this aspect of the process, it is advisable to contact a lawyer.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-11308 size-full\" src=\"data:image\/png;base64,iVBORw0KGgoAAAANSUhEUgAAAYYAAADcAQMAAABOLJSDAAAAA1BMVEUAAACnej3aAAAAAXRSTlMAQObYZgAAACJJREFUaIHtwTEBAAAAwqD1T20ND6AAAAAAAAAAAAAA4N8AKvgAAUFIrrEAAAAASUVORK5CYII=\" data-src=\"https:\/\/www.propertypro.ng\/blog\/wp-content\/uploads\/2018\/10\/cash-coins-currency-40140.jpg\" alt=\"cost of buying a house in Lagos\" width=\"4839\" height=\"3589\" \/><\/p>\n<h3><span style=\"font-weight: 400;\">Social Facilities<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">In the process of buying a house, it is important to be thorough all the way. Inasmuch as you desire a nice house that fits the description of your dream home, you may also want to take a look around the neighbourhood, an extensive tour won\u2019t be a bad idea. Find out what the overview of the neighbourhood looks like. From the road structure, road network, drainage channels, green space, the presence of schools, worship centres, major markets, sporting facilities and much more.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-11309 size-full\" src=\"data:image\/png;base64,iVBORw0KGgoAAAANSUhEUgAAAYYAAADcAQMAAABOLJSDAAAAA1BMVEUAAACnej3aAAAAAXRSTlMAQObYZgAAACJJREFUaIHtwTEBAAAAwqD1T20ND6AAAAAAAAAAAAAA4N8AKvgAAUFIrrEAAAAASUVORK5CYII=\" data-src=\"https:\/\/www.propertypro.ng\/blog\/wp-content\/uploads\/2018\/10\/Realestate-17-1.jpg\" alt=\"buying a luxury house in Lagos\" width=\"1200\" height=\"628\" \/><\/p>\n<h3><span style=\"font-weight: 400;\">Cost of Maintenance<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">If you are buying a house that isn\u2019t new, you might want to keep a few extra nairas for maintenance cost. There might be repairs or replacements that need to be done, in other cases, some additions that would turn the house into a home. In buying a house in Lagos, It is advisable to stay true to your budget and set your priorities right. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Buying a house in any part of the country can be tasking. The process might still seem cumbersome to you or maybe not, whichever way, there\u2019s no rush, take your time with every step. Buying a house in Lagos can be an enjoyable experience especially if you patiently get the perfect one. Kindly share your opinion with other <\/span><a href=\"https:\/\/www.propertypro.ng\/\"><b>PropertyPro.ng<\/b><\/a><span style=\"font-weight: 400;\"> readers<\/span><\/p>\n<p><a href=\"https:\/\/www.propertypro.ng\/property\/5-bedroom-duplex-for-sale-washington-street-efab-metropolis-estate-karsana-abuja-Z6463\">HOUSE FOR SALE IN NIGERIA<\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Let&#8217;s be honest, for every typical Nigerian, buying a house or owning a home is top on the bucket list. It is every Nigerian\u2019s dream to be a homeowner at some point in life. \u00a0This \u201cbig step\u201d somehow depicts maturity or that a person is ready to start a family. However, buying your dream house &hellip;<\/p>\n","protected":false},"author":28,"featured_media":11305,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[30,467],"tags":[3612,3610,1931,3637,3609,3613,1948,9,339,3611,3614,2514,292],"class_list":["post-11304","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ask-us","category-real-estate-advice","tag-bungalows-for-sale-in-lagos","tag-cheap-homes-for-sale-in-lagos","tag-common-home-buying-mistakes","tag-house-for-rent-in-lagos-nigeria","tag-house-for-sale-in-lagos","tag-houses-for-sale-in-lagos-mainland","tag-houses-for-sale-in-lekki","tag-lagos","tag-land-for-sale-in-lagos","tag-luxury-home-in-lagos","tag-mansions-in-nigeria-for-sale","tag-most-populated-city-in-nigeria","tag-nigeria"],"_links":{"self":[{"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/posts\/11304","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/users\/28"}],"replies":[{"embeddable":true,"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/comments?post=11304"}],"version-history":[{"count":7,"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/posts\/11304\/revisions"}],"predecessor-version":[{"id":11835,"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/posts\/11304\/revisions\/11835"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/media\/11305"}],"wp:attachment":[{"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/media?parent=11304"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/categories?post=11304"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/tags?post=11304"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}