500 vs 600sqm Land Sizes In Lagos: What Is The Difference?

Рет қаралды 2,922

2 жыл бұрын

Land sizes in Lagos can be confusing, particularly if it's your first time buying a property in Lagos.
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Square metre or square feet, it might be difficult to understand which is which, and real estate companies add to the confusion by inventing complex land sizes like 500sqm, 450sqm, 750sqm etc.
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Although, the most popular full plot sizes in Lagos now are 500sqm and 600sqm. It is still complex for most investors to know the benefits of the latter or the former.

Пікірлер: 24

@ajalaabdulazeez Жыл бұрын

So much value in one video. Thanks 🙏

@meetthepropertyguy3156 Жыл бұрын

You're welcome sir

@celebrity__money7431 2 жыл бұрын

Thanks so much,,,am very happy to come in contact with you ,,you are good with what are you doing Sir

@meetthepropertyguy3156 2 жыл бұрын

It's my pleasure

@gboyegboye5788 2 жыл бұрын

Bless you 🙏 ♥️

@meetthepropertyguy3156 2 жыл бұрын

God bless us all

@JonathanOsa Жыл бұрын

Rabiu the guru.

@meetthepropertyguy3156 Жыл бұрын

Twale

@afolabiiseoluwa1644 Жыл бұрын

Why do some real estate company sell in 600sqm and some in 500sqm?

@meetthepropertyguy3156 Жыл бұрын

At some point it will be 450sqm or 300sqm size, land is a scarce commodity, and each day we are having less vacant land, it's not in surplus, developers will continue reducing those sizes

@ajalaabdulazeez Жыл бұрын

Iwologbonju 🙌🏾🙌🏾👏🏽👏🏽 300 x 2 >> 500 x 1

@meetthepropertyguy3156 Жыл бұрын

Smile

@kufreibanga7980 2 жыл бұрын

When land is bought in a residential estate, what land title is conveyed to the buyer.

@meetthepropertyguy3156 2 жыл бұрын

Title has to be conveyed regardless of whether you buy in an estate or outside an estate, title must be conveyed either it's residential, commercial or farming estate. On allocation, a deed and survey has to be given

@kufreibanga7980 2 жыл бұрын

@@meetthepropertyguy3156 Please for clarity's sake, are you are saying the deed and survey serves as a title OR The title, for example - Global C of O or Gazette, is transfered to the buyer? Why I'm asking is because I saw land advertised in an estate for sale and the title was given as Deed of Conveyance and Survey Plan. I felt it was wrong because, according to your channel, a deed or survey is not a title.

@meetthepropertyguy3156 2 жыл бұрын

Thanks for your comment, a deed is a title, as it conveys and transfers right on a property from one person to another. . Gazette or global c of o cannot be transferred to you, if you buy in an estate or in a community under a gazette or C of O, a deed is still the instrument of title transfer to you, the Gazette or global C of O is not in your name anyway

@kufreibanga7980 2 жыл бұрын

@@meetthepropertyguy3156 Okay. Thanks.

@meetthepropertyguy3156 2 жыл бұрын

You're welcome

@Chriswillsproperties 2 жыл бұрын

what is a 500sqm in feets pls

@meetthepropertyguy3156 2 жыл бұрын

There is no direct equivalent, it all depends on the shape of the land and the surveyor that map it out, so it can come in different dimensions. 55ft x 100ft, 50ft x 110ft, 45ft x 120ft and so on

@Chriswillsproperties 2 жыл бұрын

Thanks so much

@meetthepropertyguy3156 2 жыл бұрын

You're welcome