IBEJU-LEKKI: FACTS ABOUT IBEJU LEKKI

Ibeju-Lekki is a beautiful town located in the Epe division of Lagos state, Nigeria. The administrative center was formally Akodo and was later moved to Igando Oloja due to the creation of Lekki Council Development area. The name of the Local government was derived from two autonomous communities, Ibeju and Lekki.


The people of the area are mainly Yoruba speaking natives but there are many other people from different parts of the country and around the world residing, working and investing in the local government. The area attracts massive amount of tourist as it is endowed with beautiful lagoon and gorgeous ocean fronts. Hence the rapid development in the area, some even refers to the area as the New Lagos.

In fact the commercial hub of Lagos state is shifting towards the area with many investment been done to develop industries and infrastructures.

A ground breaking fertilizer plans and a refinery is currently under construction at the Lekki Free Trade Zone Area, along with petrochemical and power plant,seaport,an airport,pan African university in that area. It is one of the location for the Lagos smart city deal with Dubai.

Experts are already forecasting a geometric growth in the commercial activities as a result of these massive capital projects coming into the area, Let us think about this” if Dangote as the RICHEST MAN IN AFRICA can invest $16billion and GLOBACOM CEO investing billions also in securing hectares of land in Ibeju-Lekki, the Ibeju-Lekki is the new area for RAW GOLD.

Smart investors are investing in Ibeju-Lekki. You should come invest too.
With as low as N2.5m, you can be a proud owner of a plot of Land in Cedar wood Bay Estate. An estate with good title, dry land and close proximity to the Express road

-CEDARWOOD BAY is dry

-CEDARWOOD BAY is 3 mins away from the popular AMEN ESTATE

-CEDARWOOD BAY is along the road

-CEDARWOOD BAY has a good title

Contact GARNETHOMES on +2348023947494 for more details/information about CEDARWOOD BAY and our other available lands in IBEJU-LEKKI.

BUYING AN OMONILE LAND OR FROM A REAL ESTATE COMPANY/PROFESSIONAL REALTOR

Buying an Omonile land,you know that;

1. They are everywhere and cater for all sizes, location, cost and amenities.
2. You can negotiate the cost of the land at your own time and pace.
3. You have a choice of selecting the type of land you want and position.
4. In most situations, you can deal with the original seller directly without third parties influencing your decisions.
5. You have direct access to the documents most of the time to conduct due diligence on it
6. You can easily confirm the status of the land when you conduct due diligence on it to help you decide whether you should buy or not.
7. You can easily view or locate the land you intend to buy without any bottle necks or conditions
8. You can conduct the transaction in a day, sign all the contracts in a day and take possession of that land the same day.
9. You don’t have to worry about whether the land is under a mortgage or when your documents would be ready.
10. You can start building immediately you pay for the land without waiting for anybody to dictate to you once payments have been settled and if something bad happens to your land, you’re most likely going to be compensated or relocated to another place.


But the disadvantages are;

1. Buying an Omonile land simply means YOU ARE TREADING A THIN LINE IF YOU DO NOT INVESTIGATE TRUE OWNERSHIP
2. Omonile Lands are owned by either Families or people who bought lands from the families. Either way, till you complete your house, you must have a relationship with these families good or bad till the very end.
3. Most omonile lands have one issue or the other associated with them such as land dispute cases, family dispute cases, resale of another person’s land, buying lands that belong to the government etc hence the need to conduct due diligence on them before you buy.
4. You pay for everything such as your own survey fees, legal fees, agency fees, omonile signing fees, foundation fees, roofing fees, drainage, Nepa etc.
5. Even when you do everything right such as conducting due diligence, buying from the right person and paying all the necessary fees, you still have to build a fence to ward off criminals and trespassers from stealing your land.
6. Until you complete your house you must always be vigilant to check on your land. Any form of complacency or negligence would only lead to criminals reselling your land
7. You would have to put up with annoying agents throughout the Inspection and negotiating experience
8. Buying an Omonile Land means you have to be tough and take no nonsense unless these miscreants would rob you off your land.

But when you buy from a Real estate company/professional realtor;
1. You know who you are buying from and most of them are registered real estate companies
2. The Lands are usually in an enclosed environment so you would be living with people with like minds
3. The estates have proposed amenities so you don’t have to run around looking for blocks to build your fence, provide electricity, roads, drainage etc
4. Most estates have a layout that have it in mind to provide parks, schools, hospitals etc
5. Buying from a real estate company means you don’t have to deal with omoniles to pay any sort of fees to them.
6. All documentations are usually done by the Real estate company in favour of the buyer
7. They provide installment payment plans for those who cannot afford to pay the full sum at once

 Though there are some real estate companies that are not straightforward with their services and could lead you on the wrong path and lose a lot at the end but at GARNET HOMES, we pride ourselves in delivering great services to our clients and you are guaranteed and assured rest of mind on any of our properties that you purchase and you are able to do your verification/confirmation of documents at Alausa.