50x100ft Residential Land for Sale, Benin City

50x100ft Residential Land for Sale, Benin City - 1
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Price Analysis Fair Price

Based on 1050 similar listings

Market Demand

High Demand

Details

Type
Residential Land
Title
Certificate of Occupancy, Right of Occupancy, Sale Agreement
Address
off igbinosa tarred road off second ugbor off irhi
Access Road
Dirt Road
Property Use
Residential
Square meters
464 sqm
Type of Purchase
Outright Price
Development Status
Fully Developed

50x100ft Residential Land for Sale, Benin City Highlights

  • Prime Location Potential: Residential land offers the opportunity to build a home in a developing area. Proximity to main roads can enhance accessibility and future property value.
  • Generous Plot Size: A plot of 464 square meters provides ample space for a comfortable family home, garden, and potential outdoor amenities. This size is suitable for various housing designs.
  • Established Title Deeds: Properties with titles like Certificate of Occupancy or Right of Occupancy generally indicate a more secure and legally recognized ownership. Sale agreements are also common for land transactions.
  • Ready for Development: Fully developed land often means essential infrastructure like access roads is already in place. This can significantly reduce the initial costs and time required for construction.
  • Accessible by Dirt Road: While dirt roads provide access, they can be prone to erosion and may require maintenance, especially during rainy seasons. Upgrading to a paved road can improve accessibility.

Description

• Prime 50x100ft (approx. 464 sqm) residential plot. • Located off Igbinosa Tarred Road, close to Second Ugbor and Irhirhi GRA. • Excellent accessibility with proximity to major roads. • Title documents include Certificate of Occupancy and Right of Occupancy. • Sale Agreement and Right of Occupancy available. • Property is situated in a fully developed area. • Access road is currently a dirt road, with potential for development. • Ideal for building a family home in a sought-after Benin City location.

Compare

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TypeResidential LandMixed-use LandResidential Land
TitleCertificate of Occupancy, Right of Occupancy, Sale Agreement—Sale Agreement
Addressoff igbinosa tarred road off second ugbor off irhiAirport Rd opposite the NPDC Company GRAZONE C, ABA IBEJI OFF ODO-ONA KEKERE IBADAN
Access RoadDirt Road—Paved Road
Property UseResidentialMixedResidential
Square meters464 sqm510 sqm1,000 sqm
Type of PurchaseOutright PriceOutright PriceOutright Price
Development StatusFully Developed—Fully Developed
Price₦ 50,000,000₦ 60,000,000₦ 44,000,000