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 should I pack when moving to Nigeria?
- Where should I setup a bank account in Nigeria?
- Will I be able to find a job in Nigeria?
- What is life like in Nigeria?
- What do expats in Nigeria appreciate most about the local culture?
- What do expats find most challenging?
- 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?
- What are healthcare services like in Nigeria?
- What are medical services in Nigeria like?
- Are healthcare and health insurance expensive in Nigeria?
- What are emergency services like in Nigeria?
- Will I need to travel to see a specialist?
- Are common prescription medications available in Nigeria?
- How are local medical facilities in Nigeria?
- As a foreigner living in Nigeria, will I have access to public healthcare? What is it like?
- What have your experiences during the pandemic with the local healthcare system been like?
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: