Following the death of a student of the Osun state polytechnic who was reportedly kill by a happy-trigger SARS Operative on Thursday, the Youth in Iwo Community, Osun State has reportedly set ablaze the Iwo police area command office.
This is the youth seeking Justice for the innocent student that was killed after a Sallah celebration.

Thursday, 22 May 2025

Location vs. Price: Which One Should You Focus On When Buying Land in Nigeria?




Location vs. Price: Which One Should You Focus On When Buying Land in Nigeria?
One of the biggest dilemmas land buyers in Nigeria face is choosing between location and price. Should you go for a location with a high price tag or settle for a cheaper plot in a less popular area? The answer depends on your investment goal. Let’s break it down:
1. Location: The King of Real Estate
In real estate, the saying goes: “Location is everything.” This is especially true in Nigeria. A land in a developing area like Owerri, Awka, Asaba etc may appreciate faster than a cheaper plot in a remote village with no infrastructure or development prospects.
Benefits of prioritizing location:
• High appreciation potential
• Better resale value
• Access to amenities (roads, electricity, schools, markets)
• Attracts investors and developers
• Ideal for residential or commercial purposes
However: lands in some areas are often expensive and may require a larger upfront investment.
2. Price: The Gateway for Entry-Level Investors
Focusing on price makes sense for first-time investors or those working with a tight budget. Nigeria has many low-cost land options in rural or emerging areas. These may not have top-tier infrastructure today, but with the right foresight, they can become goldmines in the future.
Benefits of prioritizing price:
• Affordable entry into real estate
• Opportunity to buy in bulk (land banking)
• Lower financial risk
• Possibility to hold long-term and sell after development catches up
However: low prices often mean slower appreciation, limited access to amenities, and higher development risk.
3. The Smart Investor's Approach: Balance Both
The key is to balance location and price based on your investment goal:
• For short-term gain or development: focus more on location.
• For long-term investment or land banking: prioritize price, but choose areas with growth potential (e.g., near expressways, new developments, industrial zones).

My name is Kaka Prince,
A real estate consultant.
I help you build generational wealth through real estate by securing genuine land that fits your budget.
📞 08160952082

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