What do I need to know when buying property in Nigeria?
When we asked expats what advice they would give a foreigner before buying a property in Nigeria, they said...
"1. It is important to research the area you are looking to buy in, as well as the local market conditions. 2. Make sure to get a professional surveyor to inspect the property before you purchase it. 3. Ensure that you have all the necessary documents and paperwork in order before you make a purchase. 4. Be aware of the different taxes and fees associated with buying property in Nigeria. 5. Consider hiring a lawyer to help you with the legal aspects of the purchase. 6. Make sure to get a title deed for the property, as this will provide you with legal protection. 7. Be aware of any restrictions or regulations that may apply to the property you are looking to buy. 8. Be aware of the different financing options available to you when buying property in Nigeria," said another expat in Nigeria.
Other Questions:
- What do I need to know before retiring in Nigeria?
- How do I meet people in Nigeria?
- What is life like in Nigeria?
- Is there a lot of crime in Nigeria?
- Is there a lot of diversity? Are people in Nigeria accepting of differences?
- What are the schools in Nigeria like?
- Is the cost of living in Nigeria high?
- What advice do you have for expats having a baby in Nigeria?
- What are healthcare services like in Nigeria?
- Is the cost of living in Nigeria high?
- What type of recreational facilities are in Nigeria?
- What is the weather like in Nigeria?
- Are there good restaurants in Nigeria?
- Where will I buy groceries and do other shopping in Nigeria?
- What are the visa & residency requirements in Nigeria?
- Are healthcare and health insurance expensive in Nigeria?
- What do I need to know when buying property in Nigeria?
- Are foreigners allowed to own property in Nigeria?
- What appliances are typically included in a rental?
What do I need to know when buying property in Nigeria?
If you live in Nigeria, newcomers to Nigeria would love to hear your answer to this question: