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 a member in Nigeria.
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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: