Distress Sale: 100x100sqm Land in Iguadolor, Benin City

Distress Sale: 100x100sqm Land in Iguadolor, Benin City - 1
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Price Analysis Great Deal

Based on 1561 similar listings

Market Demand

High Demand

Details

Type
Mixed-use Land
Title
Deed of Assignment
Address
Iguadolor Community off Siluko Road
Agent Fee
₦ 5
Facilities
Car Parking, Electric Supply, Rain Water Drainge
Listing by
Agent
Access Road
Unpaved Road
Property Use
Mixed
Square meters
600 sqm
Type of Purchase
Outright Price
Development Status
Undeveloped

Distress Sale: 100x100sqm Land in Iguadolor, Benin City Highlights

  • Mixed-Use Zoning Potential: This type of land is often zoned for a combination of residential and commercial purposes. It offers flexibility for future development, allowing for diverse building options.
  • Deed of Assignment Title: A Deed of Assignment is a legal document that transfers ownership rights from the assignor to the assignee. It's a common method for property transfer, especially in developing areas.
  • Undeveloped Land Characteristics: Undeveloped land typically requires significant investment in infrastructure and construction. Buyers should factor in costs for site preparation, utilities, and building.
  • Access Road Considerations: Properties with unpaved access roads may present challenges for vehicle access, especially during inclement weather. Future road improvements could enhance accessibility.
  • Essential Utility Availability: The presence of car parking, electric supply, and rainwater drainage indicates potential for essential services. Buyers should verify the exact availability and capacity of these utilities.

Description

• 100x100sqm plot located in Iguadolor Community, Ovia North East, off Siluko Road, Benin City, Edo State. • This is a distress sale, offering a prime opportunity for investment. • The land is situated in a developing area with potential for future growth. • Relevant documentation is available for verification. • Access to the property is via an unpaved road. • The land is zoned for mixed-use development. • Utilities such as electric supply and rain water drainage are present in the vicinity. • This undeveloped plot is offered at an outright purchase price.

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TypeMixed-use LandResidential LandResidential Land
FacilitiesCar Parking, Electric Supply, Rain Water Drainge—Car Parking, Domestic Sewage, Electric Supply, Rain Water Drainge
TitleDeed of AssignmentRight of OccupancyDeed of Conveyance
AddressIguadolor Community off Siluko RoadNovavista ,before navy estateUmuogwu community umuekea, ibusa
Agent Fee₦ 5——
Listing byAgentOwnerAgent
Access RoadUnpaved Road——
Property UseMixedResidentialResidential
Square meters600 sqm200 sqm465 sqm
Type of PurchaseOutright PriceOutright PriceOutright Price
Development StatusUndeveloped—Partially Developed
Price₦ 4,500,000₦ 3,400,000₦ 5,000,000