Barods Global Limited
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A Prime Plot of Land for Sale at Ibara GRA, Abeokuta Ogun State

IBARA GRA, Ibara GRA, Abeokuta, Ogun State, Nigeria

₦120,000,000
₦266,667/sqm
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Overview

Residential Land
Property type
450 sqm
Land area
C of O
Title

Description

PLOT OF LAND FOR SALE 📍 Location: Ibara, Abeokuta 📐 Size: 450SQM 💰 Price: ₦120 Million 📑 Documents: C of O A strategically located 400sqm plot of land in the desirable Ibara area of Abeokuta, offering an excellent opportunity for residential development or long-term investment. The property is situated in a promising environment with convenient access to major parts of the city. Perfect for anyone looking to build a beautiful home or secure a valuable real-estate asset in a prime location. With essential property documentation available, this is an opportunity worth serious consideration.

Address

Address
IBARA GRA
Area
Ibara GRA
City
Abeokuta
State
Ogun State
Country
Nigeria
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Details

Property ID
BG-10232
Price
₦120,000,000
Land area
450 sqm
Property type
Residential Land
Property status
For Sale
Title document
C of O
Listed on
7 October 2026
Updated on
15 October 2026

Mortgage calculator

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

30% · ₦36,000,000

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
₦1,600,835
Loan repayment
₦1,600,835
Running costs
₦0
Loan amount
₦84,000,000
Loan-to-value
70%
Total interest
₦204,150,307
Total repaid over 15 yrs
₦288,150,307
Principal 29%Interest 71%
Cash needed upfront₦46,440,000
  • Down payment₦36,000,000
  • Legal fee₦6,000,000
  • Governor's consent, stamp duty and registration₦3,600,000
  • Lender processing and valuation fees₦840,000

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.

Ref BG-10232 · Report this listing

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