Barods Global Limited
For Sale

A Residential Land In a Well Developed Neighborhood

Ilugun, Elite, Idi-Aba, Idi-Aba, Abeokuta, Ogun State, Nigeria

₦12,000,000
₦20,000/sqm
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Overview

Residential Land
Property type
600 sqm
Land area
Deed of Assignment
Title

Description

600sqm Plot of Land for Sale in Elite,Idi-Aba, Abeokuta, Ogun State Secure Your Place in a Developed Residential Neighbourhood in Abeokuta! Looking for a strategically located plot of land for sale in Abeokuta? This 600-square-metre parcel of land in Ilugun offers an excellent opportunity for individuals, families, and property investors looking to acquire land in an already developed residential environment. Situated within an established neighbourhood, this property is ideal for buyers who prefer building in an area with existing residential developments rather than waiting for a new estate to mature. Why Consider This Land in Ilagbe? 1. Located in a Developed Neighbourhood One of the major advantages of this property is its location within an already developed area. This offers prospective homeowners the opportunity to build within an existing residential community. 2. Generous 600sqm Land Size With 600 square metres of land, there is sufficient room to plan and develop a comfortable family residence with outdoor space, parking, landscaping, and other desired facilities, subject to planning regulations. 3. Ideal for Private Homeowners Whether you are planning your first home or looking to build a more spacious family residence, this land offers the opportunity to create a home that reflects your lifestyle and preferences. 4. An Opportunity for Property Investors Land in developed residential neighbourhoods can be attractive to investors seeking long-term property ownership. This parcel may also appeal to developers considering residential projects, subject to applicable planning approvals and development requirements. Property Details - Property Type:Residential Land - Land Size: 600 Square Metres - Location: Ilagbe, Abeokuta, Ogun State - Neighbourhood: Developed Residential Area - Suitable For: Private Residential Development, Family Home and Property Investment. Own Land in Abeokuta with Barods Global Limited The right property acquisition starts with choosing the right location. Whether you are looking to build your dream home or secure land as part of your real estate investment portfolio, this 600sqm plot in Ilugun deserves your consideration.

Address

Address
Ilugun, Elite, Idi-Aba
Area
Idi-Aba
City
Abeokuta
State
Ogun State
Country
Nigeria
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Details

Property ID
BG-10275
Price
₦12,000,000
Land area
600 sqm
Property type
Residential Land
Property status
For Sale
Title document
Deed of Assignment
Listed on
4 November 2026
Updated on
4 November 2026

Features

  • Tarred road

Mortgage calculator

Loans from Primary Mortgage Banks and commercial banks at market rates.

30% · ₦3,600,000

Minimum for this loan type: 20%

15 years

Longest term for this loan type: 20 years

Monthly running costs
One-off buying costs
Estimated monthly payment
₦160,084
Loan repayment
₦160,084
Running costs
₦0
Loan amount
₦8,400,000
Loan-to-value
70%
Total interest
₦20,415,031
Total repaid over 15 yrs
₦28,815,031
Principal 29%Interest 71%
Cash needed upfront₦4,644,000
  • Down payment₦3,600,000
  • Legal fee₦600,000
  • Governor's consent, stamp duty and registration₦360,000
  • Lender processing and valuation fees₦84,000

Most Nigerian mortgage lenders don’t finance bare land. Ask us about instalment payment plans for this plot.

  • Most lenders ask for at least 20% equity contribution and proof of steady income.
  • Rates are variable and follow the CBN Monetary Policy Rate, so repayments can change.
  • This is an estimate, not a loan offer. Your lender will confirm the final rate, fees and eligibility.

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Safety tips

  • Inspect the property and meet the agent before paying anything.
  • Ask to see the original title document and carry out a search at the state land registry.
  • Pay only into Barods Global Limited’s official account.

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