Owing a piece of land of your own where you can build your dream house is something almost everyone dreams of and wishes for, although securing one in a good environment isn't an easy task because owning a piece of land is very expensive. Regardless of these factors, it's still important in order to escape the worries of landlords and co-tenant issues.
Being someone who has once stayed in Epe and now moved back there, it's a good thing to know the place is now developing, and one of the key factors in its development is the new Dangote refinery that's proxy to the place; the new Lekki sea port is also much closer to it, and these factors led many to move to this part of the state because they felt it was going to be one of the next big things in the state.
I wanted to secure a piece of land but was not financially capable at the moment, but a friend of mine who lives in another state wishes to purchase a piece of land here in Epe, so I volunteered to help him check out some places, and here is one of my experiences in one of the land parcels opened for sale.
This particular estate, known as Ile Ayo, is said to have cost 1 million and five hundred thousand naira, which seems like a fair price for a Landed property in this area, but what seems to raise eyebrows are the state fee, the development fee, the mental fee, and other fees, up to about 9 hundred and fifty thousand naira.
That seems to put my friend off because it exceeded his budget; even I felt it was too much, but we can't disregard the fact that it's an estate and would definitely be different from normal single land, which might not attract all those extra costs.
Well, while at the site, the agents wanted to do a short ad and decided to use my smartphone, which brought about this video of him interviewing me while at the site.
That's about all for now, have a blessed day ahead.
▶️ 3Speak
It is well boss,
Land now is a costly piece of asset, securing a good land with affordable price is soo difficulty,
May God help us with sufficient money to be able to purchase and secure our own🙏
Amen o, it's like gold now. Hard to secure. But we'll keep trying.
Land is now expensive oo, unlike those days where people can still grab the opportunity but it doesn't mean one cannot buy now as land appreciates and not depreciates. In short, Mr Vickoly has been featured too in the video of Mr Francis 😀
Yea the Rate is enormous, but we've no choice.
Lols Afi features😂
Wow 1.5m for land, 950k for other fee, that is too much. When land are cheap 400-500k else where. With those money, you will have a land and even build above the foundation level🤣🤣
Yea that's true, but then, everyone is looking to build in Lagos, it's also proxy to my place of work.
Well I'm on the lookout for another one.
Land investment is one of the greatest one anyone who can avoid it can make..the more we wait, the higher the price.. buying from an estate cost higher especially from development fee but Ur peace of mind is guaranteed plus the beautification of the estate and how organised it will be compared to single buildings.
I really hope your friend can invest now because the more the wait the more the land value appreciates
Motivational speech from a real estate Agent 👁️😇
Nkema motivator.lols 😂😂
Yea I understand the difference and what one stand the gain, but Omo no money in this corntree for now.
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That's good to know, best of luck to all participants.
We're glad to hear you're excited! Best of luck to you as well, @vickoly. We hope you enjoy the HiveBuzz Women's World Cup 2023 Contest.
Everyone wish to have a land but a huge finance will hold that.
We will plan and stay focus on our dreams
@vickoly we will surely make it there
Thank so much bro, it's important but expensive, but we'll still work towards getting it.
You are nothing but a looter 💯 swears I've a lot to learn from you. Congratulations brother and to your friend
Learn from me because I went to enquire about a land.
Land is a very good thing to invest in, if I see small change like this, am buying straight away. 😃😃
Though this one is quite costly for me, a whole 950k for other charges 🙄🙄 hmm it's well.
Don't mind them jare. The Extra charges put us off the deal.
Sometimes I wonder why land keeps getting expensive yo purchase when it will last forever
If I have chance to purchase one I will definitely do so because it will never depreciate