Buying your first home in Nigeria is exciting, whether in Lagos, Abuja, or Jos. But beyond the property price, there are hidden costs many buyers don’t plan for.
Here are the major ones:
1. Legal & Documentation Fees
You’ll pay a lawyer to verify the title documents (C of O, Governor’s Consent, Deed of Assignment). This is not optional.
2. Agency Fee
Typically 5% of the property value (varies by location).
3. Survey Plan & Title Verification
You must confirm the land isn’t under government acquisition.
4. Governor’s Consent & Registration
This can cost millions depending on the state.
5. Development Levy
Common in estates across Lekki, Ajah, and Abuja suburbs.
6. Renovation & Finishing
Many Nigerian properties require upgrades after purchase.
7. Utility & Service Charges
Security, waste disposal, water, and estate dues.
Final Advice
Before paying for any property, budget an extra 10–20% above the purchase price to avoid financial shock.
👉 Need help verifying a property’s title before payment? Contact us for due diligence support.
