In Nigeria’s high-density urban centres like Lagos and Abuja, real estate value is no longer defined by square footage alone. Features that enhance lifestyle and long-term usability are taking centre stage — and one of the most underrated of these is the open terrace. Today’s property buyers are looking for more than walls and…
The highest and best use of land refers to the most profitable and advantageous way a property can be used, considering the following factors: legal, physical and financial constraints (the national timber tax).
Identifying the most lucrative use of land is a necessity for real estate investors.
The concept of highest and best use is…
