Property taxes are a crucial part of real estate ownership in Nigeria.
Yet, many investors and homeowners don’t fully understand them.
Key types of property taxes include:
- Land Use Charge: Common in states like Lagos.
- Capital Gains Tax: Payable when selling a property at a profit.
- Stamp Duties: Required during property transfer.
Understanding your obligations can save you costly penalties.
Need help navigating property taxes? Teefran Realty is here to guide you
