Current Cost Of Buying And Selling Land In Lafia, Nasarawa State (Updated Prices, 2025)
If you’re looking to buy or sell land in Lafia, the capital of Nasarawa State, you’re making a smart move. Lafia is rapidly developing, and land prices are steadily rising due to increased demand. Whether you’re a first-time investor, a developer, or a landowner looking to sell, this guide will provide a comprehensive overview of the real estate market in Lafia, the factors influencing land prices, and practical steps to navigate the process.
Why Invest in Land in Lafia?
Lafia is one of the fastest-growing cities in central Nigeria, thanks to its strategic location, expanding economy, and increasing infrastructural projects. The city has become a hotspot for real estate investors because of:
- Affordability – Compared to major cities like Abuja or Lagos, land in Lafia is still relatively affordable.
- Growing Demand – More people are moving to Lafia for business and residential purposes, increasing the demand for land.
- Government Incentives – The Nasarawa State government has been offering incentives to encourage land acquisition and development.
- Urban Expansion – As more infrastructure projects take shape, the value of land continues to appreciate.
Factors Influencing Land Prices in Lafia
Several factors determine the cost of land in Lafia, including:
1. Location
As with any real estate market, location is a key factor in determining land prices. Land in prime areas near government institutions, business districts, and major roads tends to be more expensive than land in remote areas.
2. Land Use Type
The intended use of the land significantly impacts its price.
- Residential Land: Land designated for housing is in high demand, especially in areas close to schools, hospitals, and shopping centers.
- Commercial Land: Business-friendly areas, such as markets and major highways, attract higher land prices due to commercial activities.
- Agricultural Land: Farmlands are generally more affordable, but their prices depend on soil quality, water availability, and accessibility.
3. Infrastructure and Development
Neighborhoods with good roads, electricity, water supply, and access to public transport command higher land prices. Areas with ongoing or planned government projects also see an increase in land value.
4. Economic Growth and Population Increase
The more people move into Lafia, the higher the demand for land. Population growth leads to increased business activities, further driving up land prices.
5. Government Policies and Regulations
Policies such as tax incentives, reduction in land acquisition fees, and infrastructure investments can influence land costs. For example, the Nasarawa State government previously offered a 25% discount on land charges to encourage investors.
Current Land Prices in Lafia (2025 Estimates)
The prices of land in Lafia vary based on location, size, and usage. Below are some estimated price ranges:
- Residential Land – ₦1,500,000 to ₦3,500,000 per plot (450 - 600 sqm)
- Commercial Land – ₦3,500,000 to ₦6,500,000 per plot
- Farmland – ₦500,000 to ₦2,500,000 per acre (depending on location and soil quality)
Note: These prices are estimates and may vary depending on negotiations and market conditions.
How to Buy Land in Lafia
If you’re planning to buy land in Lafia, follow these steps to avoid scams and make a smart investment:
Step 1: Identify Your Purpose
Are you buying for residential, commercial, or agricultural use? Your purpose will help determine the best location and price range.
Step 2: Set Your Budget
Consider not only the cost of the land but also extra expenses like legal fees, documentation, and potential development costs.
Step 3: Conduct Research
Visit different locations, compare prices, and check for ongoing or planned developments that may affect land values.
Step 4: Work with Reputable Agents or Developers
Engage licensed real estate agents or consult with professionals to avoid fraudulent transactions.
Step 5: Verify Land Documents
Ensure that the land has a Certificate of Occupancy (C of O) or other valid title documents. Conduct a search at the Nasarawa State Land Registry to confirm ownership and any encumbrances.
Step 6: Negotiate and Make Payment
Negotiate the best price, ensure all legal documents are signed, and make payments through a secure channel. Avoid cash transactions.
Step 7: Register Your Land
After purchase, register the land with the Nasarawa State Land Bureau to obtain proper ownership rights.
How to Sell Land in Lafia
If you own land in Lafia and want to sell, follow these steps to get the best deal:
Step 1: Determine the Value of Your Land
Check market prices in your area to set a competitive price. You can also hire a property valuer.
Step 2: Gather Necessary Documents
Ensure you have all legal documents, including the title deed, survey plan, and any government approvals.
Step 3: Market Your Land
Use real estate websites, social media, and property agents to advertise your land to potential buyers.
Step 4: Negotiate and Finalize the Sale
Once you find a buyer, negotiate the terms, sign a sales agreement, and receive payment through a secure transaction method.
Step 5: Transfer Ownership
Ensure the buyer registers the land with the appropriate authorities to complete the ownership transfer.
Future Prospects for Land Investment in Lafia
Lafia’s real estate market is expected to continue growing due to:
- Ongoing Urbanization: More people are moving to Lafia, increasing the demand for housing and commercial spaces.
- Government Investments: Infrastructure projects such as road expansions and new public facilities will enhance property values.
- Affordable Prices Compared to Abuja: Investors looking for cheaper alternatives to Abuja are turning to Lafia, boosting the land market.
If you’re considering buying land, now is a great time to invest before prices go even higher!
FAQs (Frequently Asked Questions)
1. Is land in Lafia a good investment?
Yes! With rapid development and increasing land values, investing in Lafia is a profitable long-term decision.
2. Can a non-indigene buy land in Lafia?
Yes, non-indigenes can buy land in Lafia, but they must follow legal procedures and ensure proper documentation.
3. What documents should I check before buying land?
Verify the Certificate of Occupancy (C of O), Deed of Assignment, Survey Plan, and other legal papers to confirm ownership and authenticity.
4. Are there land disputes in Lafia?
Like any growing city, land disputes exist. That’s why conducting due diligence, verifying documents, and involving professionals is important.
5. What are the best locations to buy land in Lafia?
Prime areas with good infrastructure, proximity to government offices, and major roads are the best investment locations. Some developing areas may also offer cheaper options with future value appreciation.
6. How can I avoid being scammed when buying land?
- Always work with registered real estate agents.
- Verify all documents at the Nasarawa State Land Registry.
- Never make full payment before confirming legal ownership.
Final Thoughts
Buying or selling land in Lafia can be a lucrative investment if done correctly. With increasing development, government support, and rising demand, land prices are expected to continue appreciating. If you’re interested in acquiring property, now is the best time to act before prices go even higher.
Need help buying or selling land in Lafia? Reach out to a trusted real estate agent or legal expert to guide you through the process!
