₦ 4,000,000,000
Distress Sale: 2 Prime Residential Plots in Durumi, Abuja

1 / 3
Price Analysis Above Market
Based on 1919 similar listings
Market Demand
High Demand
Details
- Type
- Residential Land
- Title
- Right of Occupancy
- Address
- Durumi, Abuja
- Agent Fee
- ₦ 5
- Listing by
- Agent
- Property Use
- Residential
- Square meters
- 3,173 sqm
- Type of Purchase
- Outright Price
Distress Sale: 2 Prime Residential Plots in Durumi, Abuja Highlights
- Prime Residential Location: Durumi is a well-established residential district in Abuja, known for its accessibility and proximity to essential services. It offers a desirable living environment for families and professionals.
- Generous Plot Size: A plot of this size offers ample space for constructing a substantial family home, including potential for landscaping, a garden, or additional structures. It allows for flexible architectural designs.
- Residential Zoning: Properties zoned for residential use are designated for housing. This ensures a neighborhood primarily focused on living, contributing to a quieter and more stable community.
- Right of Occupancy Title: A Right of Occupancy (R of O) is a common land title in Nigeria, granting the holder the right to occupy and use land for a specified period. It is a recognized form of land ownership.
- Outright Purchase Option: Purchasing a plot outright means you acquire full ownership without the need for financing or installment payments. This provides immediate control and flexibility over the property.
Description
• Two prime residential plots, 3,173sqm and 3,153sqm, located directly opposite each other in a strategic area of Durumi, Abuja. • Both plots possess a Right of Occupancy (R of O) title. • Certificate of Occupancy (C of O) has been fully paid and receipted for both plots. • Ideal for residential development, offering significant space for a large home or multiple units. • Situated in a well-regarded and developing part of Durumi, known for its accessibility. • The combined land area provides substantial potential for a discerning buyer. • Distress sale price of ₦550 Million for both plots.
Compare
This itemDistress Sale: 2 Prime Residential Plots in Durumi, Abuja ₦ 5,500,000,000 | ![]() Landed Property for Sale in Pyakasa, Abuja ₦ 4,000,000,000 | ![]() 2560sqm Commercial Land with Approved 10-Floor Building Plan, Lekki Express ₦ 4,500,000,000 | |
|---|---|---|---|
| Type | Residential Land | Residential Land | Commercial Land |
| Title | Right of Occupancy | Certificate of Occupancy, Deed of Assignment, Power of Attorney, Sale Agreement | Certificate of Occupancy |
| Address | Durumi, Abuja | Behind shalom estate & after Mshel clover estate | Marwa |
| Agent Fee | ₦ 5 | — | ₦ 250,000,000 |
| Listing by | Agent | Owner | Agent |
| Property Use | Residential | Residential | Commercial |
| Square meters | 3,173 sqm | 180 sqm | 2,560 sqm |
| Type of Purchase | Outright Price | Outright Price | Outright Price |
| Price | ₦ 5,500,000,000 | ₦ 4,000,000,000 | ₦ 4,500,000,000 |
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