Most
people who purchase land in Lagos and elsewhere don't really understand the
meaning of these Real Estate terms. As a potential buyer wishing to buy a land or
build a new house you must be conversant with a few of these figures. The first
hurdle is to understand the system of Land measurement in Nigeria.
In Nigeria
today, Land is measured in Hectares, Acres, Meters and Feet. These measurements
are affected by factors, which include development pattern, human and
environmental factors.
Let's
start by asking what is the size of a standard plot in Nigeria?
According
to the dictionary meaning of a plot: A plot is a marked out piece of Land for
the purpose of building or farming. The word 'plot' is an arbitrary term used
to describe a land division carved out for property development.
The size
of a plot can vary for different reasons but according to Nigeria's land
division, the appropriate plot for a house construction is 50 x 100ft which can
accommodate a standard house with a small compound. To better understand land
divisions used in Nigeria, different units of area are used as follows:
HECTARE
A hectare
is one of the least known metric units and one which potential buyers and
Estate developers seem to struggle with -
It is a
land measuring:
👉🏿100m x 100m OR
👉🏿328ft x 328ft OR
👉🏿10,000 sqm OR
👉🏿Two and half acres OR
👉🏿15 plots.
ACRE
An Acre is
a standard unit of measurement used by Land sellers and it is almost equivalent
to the size of a standard football field. An Acre is a product of any
rectangular plot of land giving a total of:
👉🏿4,046sqm OR
👉🏿43,560 sq ft OR
👉🏿6 plots (each measuring
60ft x 120ft)
PLOT
In Lagos State, the
standard size of a plot is 60ft x 120ft (18m x 36m i.e. 648 sqm), while in some
other cities of the country, plots are measured in 50ft x 100ft
No comments:
Post a Comment