Key details

Type

Mixed-use Land

Title

Customary Ownership, Sale Agreement

Address

Behind Community High school Bako Apata Ibadan

Listing by

Agent

Property Use

Mixed

Square meters

550 sqm

Type of Purchase

Outright Price

Development Status

Undeveloped

Standard Plot of Land for Sale - Bako Highlights

• Mixed-Use Zoning Potential — Mixed-use land offers flexibility for various development types, combining residential, commercial, or industrial purposes. This can lead to diverse community amenities and economic opportunities.
• Undeveloped Land Characteristics — Undeveloped land typically requires significant investment in site preparation, including clearing, grading, and utility installation. Buyers should factor these costs into their budget.
• Customary Land Ownership — Customary ownership implies land rights are governed by local traditions and community agreements. Understanding these specific local customs is crucial for a smooth transaction.
• Importance of Title Documentation — A Sale Agreement is a key document in land transactions, outlining the terms and conditions agreed upon by buyer and seller. It's essential to ensure all legal requirements are met.
• Location Considerations — Proximity to community landmarks like schools can indicate established infrastructure and accessibility. Buyers should research local amenities and future development plans.

Description

• 550 sqm standard plot of land, suitable for residential development or investment. • Located in a developed area behind Bako Community High School, offering a strategic and accessible position. • The plot faces the road with easy accessibility and is surrounded by well-maintained houses. • Offers a good location with potential for future growth and easy connection to the Bako main road. • Includes a survey plan document for clear ownership. • Undeveloped land with mixed-use potential.

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