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WHAT TO LOOK OUT FOR WHEN BUYING A DUPLEX IN LAGOS

Mar 09, 2023

Buying a duplex in Lagos can be a significant investment, and it's important to ensure you make an informed decision. Here are some things to look out for when buying a duplex in Lagos:

1.     Location: Lagos is a large and diverse city, and the location of the duplex can have a significant impact on its value and rental income potential. Look for a duplex in a desirable and safe area with proximity to essential amenities such as schools, hospitals, and shopping centers.

2.     Legal ownership and title documents: Ensure the seller has legal ownership and title documents for the duplex. Verify the documents with the relevant government agencies to ensure there are no encumbrances on the property.

3.     Condition of the property: Inspect the duplex to ensure it's in good condition. Check for any signs of damage, structural issues, or necessary repairs.

4.     Access and infrastructure: Check for accessibility to the duplex, including roads, electricity, water, and other necessary infrastructure.

5.     Security: Lagos can be a high-risk area for crime, and security is essential. Look for a duplex in a safe and secure area with adequate security measures such as security gates, surveillance cameras, and security personnel.

6.     Property value: Research the property market in the area and compare the price of the duplex to similar properties in the area. Be wary of properties that are significantly overpriced.

In conclusion, before buying a duplex in Lagos, conduct thorough research, verify all important aspects of the property, and work with a reputable real estate agent or lawyer to guide you through the process.

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