30/10/2024
Investing in Abuja Real Estate: R of O vs. C of O
If you’re exploring property investments in Abuja, it’s essential to understand the difference between an R of O (Right of Occupancy) and a C of O (Certificate of Occupancy).
Right of Occupancy (R of O): This gives the holder a provisional right to use a specific land, often granted by local governments. While it’s a step toward ownership, it’s not as secure as a C of O.
Certificate of Occupancy (C of O): Issued by the Federal Capital Territory Authority, a C of O provides full ownership rights for 99 years, making it the highest level of land security. It’s more valuable in the eyes of banks and buyers alike.
Tip: Properties with a C of O may cost more upfront, but they offer greater security and potential appreciation over time. Know the title of your land.
Our latest project at Ceaser Atlantis Estate, Apo Tafyi offers properties with a secure C of O!
Ready to invest in your future? Reach out to us at Divine Hectares Limited and let us help you make the smart choice in Abuja real estate.
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