What do I need to know when buying property in Lagos?
When we asked expats what advice they would give a foreigner before buying a property in Lagos, they said...
"1. It is important to research the local market and understand the current trends in the area before making a purchase. 2. It is also important to understand the legal requirements for buying property in Lagos, such as obtaining a tax number and registering with the local tax office. 3. It is advisable to seek professional advice from a lawyer or real estate agent to ensure that all legal requirements are met. 4. It is important to consider the location of the property and the surrounding area, as well as the condition of the property itself. 5. It is also important to consider the cost of living in the area, as well as the availability of public services and amenities. 6. It is important to be aware of any restrictions or regulations that may apply to the property, such as zoning laws or building codes. 7. It is also important to consider the potential for rental income or capital appreciation when making a purchase," said a member in Lagos, Portugal.
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Portugal Residency Advisors is a full-service consulting firm dedicated to providing personalized services to individuals and families seeking to relocate to Portugal. With a team of experienced professionals and strategic partnerships, we are well-positioned to assist clients with all aspects of the relocation process.
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Portugal Residency Advisors is a full-service consulting firm dedicated to providing personalized services to individuals and families seeking to relocate to Portugal. With a team of experienced professionals and strategic partnerships, we are well-positioned to assist clients with all aspects of the relocation process.
Connect
Click connect to have our partner contact you via e-mail and/or phone.
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What do I need to know when buying property in Lagos?
If you live in Lagos, newcomers to Lagos would love to hear your answer to this question: