Key details

Type

Residential Land

Title

Sale Agreement, Customary Ownership, Deed of Assignment

Address

Egbire, Close to Okhoromi, Off Airport Road

Property Use

Residential

Square meters

446 sqm

Type of Purchase

Outright Price

Land with Uncompleted Building at Egbire, Benin City Highlights

• Strategic Location — Properties located off major roads like Airport Road often benefit from good accessibility and potential for future development. Proximity to established areas like Okhoromi can indicate a well-connected neighbourhood.
• Residential Zoning — Land zoned for residential use is designated for building homes. This typically means the area is intended for housing and related community infrastructure.
• Land Size Considerations — The square meterage of a plot determines the potential size and layout of any structures that can be built. It's important to consider local building regulations and setback requirements.
• Ownership Documentation — Titles like Sale Agreement, Customary Ownership, and Deed of Assignment are common forms of land ownership documentation in many regions. Understanding the specifics of each is crucial for buyers.
• Uncompleted Structure — The presence of an uncompleted building means a buyer can potentially continue construction based on existing foundations or plans. This can offer a head start on development.

Description

• 40ft x 120ft (446 sqm) plot of land with an uncompleted building at NITEL level. • Located in Egbire, close to Okhoromi, off Airport Road, Benin City, Edo State. • Property is ideal for buyers looking to complete a building to their taste for residential use or investment. • Just a few minutes' walk from the tarred road, offering convenient access. • Title documents include Sale Agreement, Customary Ownership, and Deed of Assignment. • Outright purchase price of NGN 12,000,000.

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