Thursday 20 August 2015

UNDERSTANDING LAND SIZE/MEASUREMENT


Hello,
Hope your week is moving on a good? There are several terms used in the Real Estate sectors that sounds gibberish and confusing to most would be land owners and owners of landed properties. Most people who purchase lands in Lagos don't really understand the meaning of these important 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 measurements in Nigeria.

In Nigeria today, land is measured in Hectares, Acres, Meters and Feet. These measurements are affected by factors, which includes development patterns, human and environmental factors.

Let’s Start By Asking What Exactly Is The Size Of A Standard Plot Of Land 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 of land can vary for different reasons but according to Nigeria's land divisions, 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:

Hectares (ha)

A hectare is one of the least known metric units and one which potential buyers and estate developers seems to struggle with - it is a land measuring 100m x 100m or 328ft x 328ft or 10,000sqm. It is about two and half acres. A Hectare consists of 15 plots.

Acre

An Acre is a standard unit of measurement used by land sellers and it is almost an 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 43,560sq ft. An Acre consists of 6 plots each measuring 60 x 120ft.

In Lagos the standard size of a plot is 60 × 120ft (18m × 36m i.e. 648sqm), while in some other cities of the country plots are measured in 50 × 100 ft.

Hope you learnt something?

Look and search no further when it comes to buying lands and houses in Nigeria, simply call +2348188505946 and we would be glad to get you that tailored made property just for you.

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