50.55 Hectares Land for Sale in Maitama 11, Abuja

50.55 Hectares Land for Sale in Maitama 11, Abuja - 1
1 / 2

Price Analysis Above Market

Based on 1961 similar listings

Market Demand

High Demand

Details

Type
Mixed-use Land
Title
Right of Occupancy
Address
MAITAMA 11
Facilities
Car Parking, Domestic Sewage, Electric Supply, Rain Water Drainge, Water Supply, Gas Supply
Survey Fee
₦ 5
Access Road
Paved Road
Property Use
Mixed
Square meters
505 sqm
Service Charge
true
Type of Purchase
Outright Price
Development Status
Partially Developed

50.55 Hectares Land for Sale in Maitama 11, Abuja Highlights

  • Prime Location in Maitama: Maitama is a well-established and prestigious district known for its upscale residential and commercial properties. It offers excellent connectivity and proximity to key city amenities.
  • Generous Land Size: This plot offers a substantial 50.55 hectares of land, providing ample space for diverse development projects. Such large plots are ideal for large-scale residential, commercial, or mixed-use developments.
  • Mixed-Use Development Potential: The land is zoned for mixed-use, allowing for a combination of residential, commercial, and other compatible developments. This flexibility can maximize the utility and value of the property.
  • Established Utilities: The property benefits from existing infrastructure including electric supply, water supply, and gas supply. Access to domestic sewage and rainwater drainage systems further enhances its development readiness.
  • Paved Road Access: Direct access via paved roads ensures ease of transportation for construction, residents, and commercial activities. This connectivity is crucial for any development project.
  • Right of Occupancy Title: A Right of Occupancy (R of O) title signifies legal ownership and the right to occupy and use the land for a specified period. This is a common and recognized land tenure document.

Description

• Prime 50.55-hectare parcel located in Maitama 11, Abuja. • Title document is a Right of Occupancy (R of O). • Suitable for mixed-use development, offering significant potential. • Access via a paved road, ensuring ease of transportation. • Essential utilities including water supply, electric supply, and gas supply are available. • Infrastructure includes domestic sewage and rain water drainage systems. • The land is partially developed, presenting opportunities for further construction. • Offered at an asking price of NGN 5,000,000,000.

Compare

50.55 Hectares Land for Sale in Maitama 11, AbujaThis item
50.55 Hectares Land for Sale in Maitama 11, Abuja
₦ 5,000,000,000
1.84 Hectares Mixed-Use Land in Idu, Abuja for Sale
1.84 Hectares Mixed-Use Land in Idu, Abuja for Sale
₦ 3,600,000,000
Landed Property for Sale in Pyakasa, Abuja
Landed Property for Sale in Pyakasa, Abuja
₦ 4,000,000,000
TypeMixed-use LandMixed-use LandResidential Land
FacilitiesCar Parking, Domestic Sewage, Electric Supply, Rain Water Drainge, Water Supply, Gas Supply—Car Parking, Domestic Sewage, Electric Supply, Rain Water Drainge, Water Supply
TitleRight of Occupancy—Certificate of Occupancy, Deed of Assignment, Power of Attorney, Sale Agreement
AddressMAITAMA 11Institute and Research District AbujaBehind shalom estate & after Mshel clover estate
Survey Fee₦ 5——
Access RoadPaved Road—Paved Road
Property UseMixedMixedResidential
Square meters505 sqm18,400 sqm180 sqm
Service Chargetrue——
Type of PurchaseOutright PriceOutright PriceOutright Price
Development StatusPartially Developed—Cleared
Price₦ 5,000,000,000₦ 3,600,000,000₦ 4,000,000,000