The Price and value of land in Benin City is dependent on several factors, such as the location, the facilities available, the person you are buying from, etc.
Lands close to the roads or very accessible are very expensive
Lands in locations where there is light, water, hospitals, factories, and industries are also expensive
Buying land from Estate agents is also expensive, but is safer if the agent is registered/licensed.
Buying land from community leaders is cheaper and more secure but the problem attached is that they can sell someone land to you sometimes.
Lands in developing communities are cheaper than in already developed communities.
Lands in Government Reserved Areas are quite expensive but they have facilities like goods, hospitals, school, industries/companies, etc.
Communities where you can get land at cheaper rates around Benin City include; Ovbiogie, Osasimwioba, Otofure, Evbomore, Uselu, Ekewan, Sapele Axis, etc
In Conclusion
There is no general price of land in benin city for everybody, the prices differ per location and who is selling. If you find a cheap one, quickly grab it but ensure it is safe for you.
Generally, a plot of land ranges from 200,000 to 5,000,000 depending on the location. So make a wise decision and save up some money because “if you never get land, you never land o”.
Read: House for Rent in Edo State – How to Choose the Right House & What you Need to Know About Buying Land in Benin City
What is the minimum price of land in your area? What is the cheapest land price you have seen? Let us know, lets engage!
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