Distress Properties For Sale in Lagos
Browse through a list of available distress properties for sale in Lagos. Find all types of land and houses for sale at affordable or below market prices. There are different choices of distress properties for sale in Lagos to choose from. You can browse listings in Victoria Island, Ikoyi, Lekki, Ajah, Ibeju-Lekki. The properties have been listed by Vala Homes and these properties are our direct listings. Click on any of the options or use the search and filter panel to narrow the list based on your needs, price and desired features.
Lekki
Lekki Phase 1
Lekki Phase 2
Ikate
Ikota
Osapa
Jakande
VGC
Victoria Island
Eko Atlantic
Oniru
Ikoyi
Old Ikoyi
Banana Island
Ikeja
Parkview Estate
New Ikoyi
Dolphin Estate
Ilubirin Estate
Opebi
Allen
Ojodu
Ogba
Ikeja GRA
Ajah
Sangotedo
Badore
Abraham Adesanya
Ajiwe
Ibeju-Lekki
Abijo
Lakowe
Bogije
Epe
Alaro City
Ketu
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Tastefully-furnished five bedroom semi detached duplex (IKOTA5BSD02)
Ikota, Ikota Villa Estate, Road 1, Country Road, Lekki, Nigeria
Move-in-ready four bedroom fully detached duplex (IKEJA4BDD01)
River Valley Estate, River valley estate, Oyemakinde Close, Berger, Nigeria
One bedroom apartment (IKOTA1B02)
Megamound Estate, Ikota, Megamound Estate, Megamound Avenue, Lekki, Nigeria
Frequently Asked Questions About Distress Properties For Sale in Lagos
What are distress properties?
A distress property is a property that is up for sale urgently by the owner due to certain situations which include relocation, foreclosure, or urgent need for cash either to buy another property, to invest or take care of other needs. Some people who have multiple properties may wish to sell their property and invest the money in a business. There are several reasons why a property may be put up for sale as distress property.
Is it safe to buy a distress property in Lagos?
Yes, it is absolutely safe. Most distress sale properties are put up for sale because the owner needs money urgently. However, some distress properties may be in the market due to potential issues such as bad title, money laundering, or other negative concerns. At Vala Homes, we have a pre-vetting process to ensure we only list properties with good title and zero potential issues. As a buyer, you MUST still conduct your own due diligence before purchasing any property.
Are distress properties cheap or affordable?
Distress properties are usually cheaper alternatives because the owner is selling for urgent cash. These properties are often sold below market value, making them appealing to investors and bargain hunters.
What type of properties are up for distress sale?
Any type of property can be sold as a distress sale. What makes it a distress sale is the urgency and below-market pricing. So a distress property can either be undeveloped land, a house, an apartment, a block of flats, etc.
Where can I find distress properties?
You can find them on our dedicated page at valahomes.com/distress-properties-for-sale-in-lagos. The list includes curated and pre-vetted properties. While we strive to keep the list updated, we can’t guarantee that you’ll always find one that matches your needs. If you don’t, please contact us directly with your request, and we’ll assist you in finding the right option.
Frequently Asked Questions About Distress Properties For Sale in Lagos
What are distress properties?
A distress property is a property that is up for sale urgently by the owner due to certain situations which include relocation, foreclosure, or urgent need for cash either to buy another property, to invest or take care of other needs. Some people who have multiple properties may wish to sell their property and invest the money in a business. There are several reasons why a property may be put up for sale as distress property.
Is it safe to buy a distress property in Lagos?
Yes, it is absolutely safe. Most distress sale properties are put up for sale because the owner needs money urgently. However, some distress properties may be in the market due to potential issues such as bad title, money laundering, or other negative concerns. At Vala Homes, we have a pre-vetting process to ensure we only list properties with good title and zero potential issues. As a buyer, you MUST still conduct your own due diligence before purchasing any property.
Are distress properties cheap or affordable?
Distress properties are usually cheaper alternatives because the owner is selling for urgent cash. These properties are often sold below market value, making them appealing to investors and bargain hunters.
What type of properties are up for distress sale?
Any type of property can be sold as a distress sale. What makes it a distress sale is the urgency and below-market pricing. So a distress property can either be undeveloped land, a house, an apartment, a block of flats, etc.
Where can I find distress properties?
You can find them on our dedicated page at valahomes.com/distress-properties-for-sale-in-lagos. The list includes curated and pre-vetted properties. While we strive to keep the list updated, we can’t guarantee that you’ll always find one that matches your needs. If you don’t, please contact us directly with your request, and we’ll assist you in finding the right option.