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Real Estate VS Stock Market

Have you been thinking of investing in Real Estate? This are some documents you must know in Real Estate Investment.

1. SURVEY PLAN

A Survey plan is a document that measures the boundary of a parcel of land to give an accurate measurement and description of that land. The people that handle survey issues are Surveyors and they are regulated by the office of the Surveyor general in Lagos as it relates to survey issues in Lagos. A survey plan must contain the following information:

1. The name of the owner of the land surveyed

2. The Address or description of the land surveyed

3. The size of the land surveyed

4. The drawn out portion of the land survey and mapped out on the survey plan document

5. The beacon numbers

6. The surveyor who drew up the survey plan and the date it was drawn up

7. A stamp showing the land is either free from Government acquisition or not.

2. EXCISION

Land Use Decree on the 28th of March, 1978 that vested all lands in every state of the Federation under the control of the State Governors. The Land Use Act coupled with other laws made it possible for the Governor who was now the owner of all lands in the state to actually have the power to Acquire more lands compulsorily for its own public purpose to provide amenities for the greater good of the citizens.

Fortunately, the government recognizes that indigenes of different sections of the country have a right to existence . . . a right to the land of their birth. Hence, it is customary for state government to cede a portion of land to the original owners (natives) of each area.

An Excision means basically taking a part from a whole and that part that has been excised, will be recorded and documented in the official government gazette of that state. In other words, not having an excision means the land could be seized by the Government anytime without compensating you even if you bought it “Legitimately” from the Baale or the Original dwellers on the land.

Ibeju Lekki vs Lekki Phase 1

A plot of land in Lekki Phase 1 is N120m - N150m and in 3yrs, it will worth N140m - N170m. While a plot in Ibeju Lekki worth N1.5m today would be worth N7m - N15m in 3yrs.

If you happen to invest your Lekki Phase 1 N120m - N150m in Ibeju Lekki, in 3yrs your property would be worth N700m to N1.5b. (What do you think?)

Why Ibeju Lekki?
1. Dangote Refinery.
2. New Airport.
3. New Sea Port.
4. Proposed 4th Mainland Bridge.
5. Beach Resorts.
6. Luxury Golf Course.
7. Light motor-train.
And so much more

Of course, you may share this with your social media friends, family, colleagues, Neighbours and everyone in your world, who you think might find this information useful.

Great deal! save for tomorrow.
Own at least a plot or more on a dry land at Christal Villa- Itamarun (Ibeju-lekki) 10 mins drive from the refinery, for 1.5m also on a buy 6 get 1free promo.

Call 08168776714 for Enquiries and Inspection.