What is the Difference Between C of O, Gazette, and Excision in Nigeria?

Understanding Land Titles in Nigeria: C of O, Gazette, and Excision

If you are planning to buy land in Nigeria — especially in Lagos — one of the most important things to understand is the type of land title it carries. This is what determines whether the land is safe to buy or still under government acquisition.

In this post, we will break down the three most common land titles:

✓ Excision

✓ Gazette

✓ C of O (Certificate of Occupancy)

Let’s look at what each one means, and how it affects you as a real estate investor or property buyer.

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1. What is Excision?

Excision means the government has officially released a portion of land back to the original landowners (usually a community or family) from lands it previously acquired under the Land Use Act of 1978.

In Lagos, almost all land belongs to the government under the Land Use Act. But when a community applies for excision, the government can release some land to them.

Why Excision Matters:

✓ It’s not yet a full legal title but a step towards one.

✓ If a land is excised, it can be safe to buy — if it's properly recorded in a Gazette.

✓ Be cautious with lands labeled "excision in process" — it’s not guaranteed yet.

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2. What is a Gazette?

A Gazette is an official government publication that lists all lands that have been excised and released to communities — including location, size, and approved boundaries.

If a land is recorded in a Gazette, it means it's recognized by the government and can be processed further for a C of O.

Why Gazette Matters:

✓ It is proof that the excision is legally recognized.

✓ A gazetted land can be processed further for a C of O.

✓ It provides clear details on the excised land — size, location, boundaries.

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3. What is a C of O (Certificate of Occupancy)?

A Certificate of Occupancy is the highest legal title of land ownership in Nigeria. It is issued by the government and gives the holder legal rights to use the land for 99 years.

Why C of O Matters:

✓ It is the most secure land title.

✓ Lands with C of O can be used as collateral for bank loans.

✓ Properties with C of O are easier to resell and usually attract higher value.

Important Tip for Investors

Always verify the land title with a registered surveyor or a real estate expert before paying for any property. A land title can make or break your investment.

Ready to Buy Verified Land in Lagos?

At Loboss Property Investment Ltd, we help Nigerians in Nigeria and abroad invest in verified lands with secure titles.

Check out our latest listings:

Lekki Aviation Town 

Location: Ibeju-Lekki, Adjacent New Lekki-Epe International Airport, Lekki-Epe Express Way, Lagos

Title: Certificate of Occupancy (C of O)

Price: Starting From ₦29,999,999

[Click here to learn more and schedule an inspection]

(https://sites.google.com/view/lekkiaviationtown/home)

Understanding Real Estate Investments with Loboss Property Investment Ltd: Key Concepts and Strategies for Success

Understanding Real Estate Investments with Loboss Property Investment Ltd: Key Concepts and Strategies for Success

 

Real estate investment is one of the most powerful ways to build long-term wealth. Whether you’re a first-time investor or looking to expand your portfolio, understanding the key concepts and strategies can help you make informed decisions. At Loboss Property Investment Ltd, we specialize in guiding Nigerians—both at home and abroad—through the process of investing in real estate, ensuring they secure profitable and sustainable assets.

 

What is Real Estate?

 

Real estate refers to land and any permanent structures on it, including buildings, homes, and other developments. It is a valuable asset class that can generate income, appreciate in value, and serve as a hedge against inflation.

 

Types of Real Estate

 

 

1.  Residential Real Estate: This includes properties used for housing, such as apartments, duplexes, terraces, and detached houses. Investing in residential properties offers opportunities for rental income and long-term value appreciation. Locations like Victoria Island, Ikoyi, Lekki Phase 1, and Abraham Adesanya have a high demand for residential properties.

 

 

2.  Commercial Real Estate: Commercial properties are used for business purposes, including office buildings, shopping malls, hotels, and short-let apartments. These properties generate income through lease agreements with businesses and individuals. Lekki, Victoria Island, and Ikoyi are prime locations for commercial real estate investments.

 

 

3. Industrial Real Estate: This category includes warehouses, factories, and production facilities. Industrial properties are essential for businesses involved in manufacturing, logistics, and storage. Areas with expanding industrial zones, such as Lekki Free Trade Zone, Ibeju Lekki, offer excellent opportunities for industrial real estate investment.

 

 

4. Land: Land is one of the most valuable real estate assets because it has the potential for high returns through appreciation. Investors engage in land banking by purchasing plots in developing areas and reselling them at a higher price in the future.

Why Invest in Real Estate?

Real estate remains a top investment choice because of its potential for capital appreciation, rental income, and long-term stability. Unlike other investment vehicles, real estate provides a tangible asset that can generate cash flow, hedge against inflation, and serve as a legacy for future generations.

Key Concepts in Real Estate Investment

1. Property Appreciation

Appreciation refers to the increase in the value of a property over time. Factors such as location, infrastructure development, and market demand all contribute to property appreciation. In Lagos, for example, areas like Ibeju Lekki, Sangotedo, and Chevron have witnessed significant price growth due to ongoing development projects.

2. Rental Income

Rental income is a steady cash flow that comes from leasing out your property. If you're investing for rental purposes, consider areas with high demand for housing, such as Victoria Island, Lekki Phase 1, Abraham Adesanya, and Sangotedo. These locations attract professionals, expatriates, and short-let guests, ensuring consistent returns.

3. Land Banking

Land banking involves purchasing land in developing areas and holding it for future resale at a higher price. This is one of the most effective strategies for wealth creation, especially in areas like Epe, and Ibeju Lekki, where government projects and private sector investments are driving growth.

4. Off-Plan Investments

Buying properties at the pre-construction stage (off-plan) allows investors to acquire them at lower prices, with the potential for significant appreciation once completed. Ambiance 3 in Abraham Adesanya and Two3four Residences in Lekki Phase 1 are great examples of off-plan projects that offer high returns on investment.

5. Title Documentation

Before investing in any property, verifying the title is crucial. Common land titles in Lagos include:

✓ Certificate of Occupancy (C of O) – The highest form of land ownership.

✓ Governor’s Consent – Legalizes property transactions after an initial sale.

✓ Registered Survey & Deed of Assignment – Essential for verifying land authenticity.

At Loboss Property Investment Ltd, we ensure all properties we recommend have genuine titles, protecting our clients from legal disputes.

Winning Strategies for Real Estate Investment

1. Set Clear Investment Goals

Define your purpose: Are you investing for rental income, capital appreciation, or business expansion? Your goal determines the type of property and location you should focus on.

2. Choose Strategic Locations

The success of real estate investment largely depends on location. Look for areas with:

✓ Growing infrastructure (roads, bridges, shopping malls, schools).

✓ Proximity to key landmarks (airports, business districts, universities).

✓ High rental demand for sustainable income.

3. Work with a Trusted Real Estate Advisor

Navigating real estate investments alone can be overwhelming. At Loboss Property Investment Ltd, we provide expert guidance, helping you identify high-value properties, process documentation, and maximize returns.

4. Leverage Flexible Payment Plans

Many developers offer installment payment options for properties, making it easier to invest without financial strain. This is particularly useful for Nigerians in the diaspora looking to own property without paying the full amount upfront.

5. Diversify Your Portfolio

Avoid putting all your funds into one property type. Consider a mix of:

✓ Land banking for long-term appreciation

✓ Rental apartments for passive income

✓ Short-let properties for high returns

Real estate investment is a proven path to financial independence, but success requires knowledge, planning, and the right partnerships. Whether you're buying land, off-plan homes, or rental properties, Loboss Property Investment Ltd is here to guide you every step of the way.

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Are you ready to invest? Contact us today to explore the best real estate opportunities in Lagos!

📞 Call/WhatsApp: +234 915 321 2051 

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Let’s help you secure profitable real estate investments with ease!

Top 5 Reasons to Invest in a Home in the Lekki-Ajah Axis of Lagos: Perfect for Holiday Stays and Short-Let Income

Top 5 Reasons to Invest in a Home in the Lekki-Ajah Axis of Lagos: Perfect for Holiday Stays and Short-Let Income

By Teju Popoola, Realor at Loboss Property Investment Ltd

If you live abroad and are considering buying a home in Lagos, the Lekki-Ajah axis should be at the top of your list. This fast-developing area is perfect for those who want a comfortable place to stay when they visit Nigeria and a smart investment for generating short-let rental income while away. 

In this post, I’ll explain why owning a home in Lekki-Ajah is the perfect blend of convenience, luxury, and financial opportunity for those living abroad.

1. Ideal Location for Holiday Stays

The Lekki-Ajah axis offers the perfect escape from the hustle and bustle of Lagos while keeping you close to the action. With easy access to prime areas like International airport on the mainland, proposed Lekki-Epe international airport, Victoria Island and Ikoyi, you can enjoy the beaches, upscale restaurants, and cultural spots while having a peaceful retreat to call home. The area’s serene and secure estates ensure that you can relax and recharge during your visits, making it an ideal location for holiday stays.

Whether you're here for a short vacation or an extended family visit, a home in this area provides comfort and luxury without the stress of hotel bookings or staying with relatives.

2. Lucrative Short-Let Market

When you're not in Nigeria, your home in Lekki-Ajah can serve as a source of income through short-let rentals. The area is a hotspot for expatriates, business travelers, and holidaymakers who prefer the privacy and comfort of a home over hotels. Platforms like Airbnb have made it easy to rent out your property for short periods, earning you consistent returns.

With demand for short-let properties growing, especially in well-secured and strategically located estates, you can generate substantial rental income while you’re abroad. This dual-purpose setup allows you to enjoy your home during visits and turn it into a money-making asset when you're away.

3. Modern Amenities and Comfort

One of the biggest attractions of owning a home in Lekki-Ajah is the array of modern facilities that cater to a luxurious lifestyle. Whether it's a fully serviced apartment or a smart home duplex, the properties here are designed with comfort in mind. Imagine coming back for a holiday to a home equipped with top-notch amenities like high-speed internet, 24/7 electricity, a private gym, a pool, and modern kitchens.

These same features are also what make homes in this area highly attractive to short-let guests. You’ll enjoy the convenience and luxury when you stay, and these same amenities will increase the rental value of your home.

4. Security and Peace of Mind

For anyone living abroad, security is a top concern when it comes to owning property in Nigeria. Fortunately, Lekki-Ajah is known for its well-secured, gated estates with 24/7 security services. Many homes also come with additional security measures like CCTV, alarm systems, and private guards, ensuring that your property remains safe while you’re abroad.

This not only gives you peace of mind knowing that your investment is secure but also reassures short-let guests, making your property more attractive in the competitive rental market.

5. High Property Value Appreciation

The Lekki-Ajah axis continues to be one of the most rapidly developing areas in Lagos, making it a prime location for property investment. Property values here have consistently risen over the years, driven by the growing demand for both residential and short-let properties. 

As a homeowner abroad, this means that while you're enjoying rental income, your property is also appreciating in value. Should you decide to sell in the future, you’re likely to make a significant return on your investment

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Owning a home in the Lekki-Ajah axis is the perfect solution for Nigerians living abroad who want the convenience of a luxury holiday home with the added benefit of rental income. 

Reach out today to explore our featured properties and other exclusive listings tailored for holiday stays and short-let opportunities.