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Property Prices in Nigeria
| Index |  |
|---|---|
| Price to Income Ratio: | 15.35 |
| Mortgage as Percentange of Income: | 293.08% |
| Loan Affordability Index: | 0.34 |
| Price to Rent Ratio - City Centre: | 4.08 |
| Price to Rent Ratio - Outside of Centre: | 2.68 |
| Gross Rental Yield (City Centre): | 24.51% |
| Gross Rental Yield (Outside of Centre): | 37.33% |
| Rent Per Month | [ Edit ] | Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 266,111.11 ₦ | |
| Apartment (1 bedroom) Outside of Centre | 163,536.59 ₦ | |
| Apartment (3 bedrooms) in City Centre | 852,680.89 ₦ | |
| Apartment (3 bedrooms) Outside of Centre | 487,135.09 ₦ | |
| Buy Apartment Price | [ Edit ] | |
| Price per Square Feet to Buy Apartment in City Centre | 29,728.73 ₦ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 11,496.66 ₦ | |
| Salaries And Financing | [ Edit ] | |
| Average Monthly Net Salary (After Tax) | 72,294.12 ₦ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 18.62 |
These data are based on 234 entries in the past 18 months from 45 different contributors.
Last update: March 2019
Our data for each country are based on all entries from all cities in that country.
Sources and References:
No sources and references provided yet.
No sources and references provided yet.
This page in other languages:
DeutschImmobilienpreise in Nigeria
ItalianoPrezzi delle proprietà immobiliari in Nigeria
FrançaisPrix de l'immobilier au Nigéria
EspañolPrecios de Inmuebles en Nigeria
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Property Prices in this country for some cities: Abuja, Lagos
We would like to gather more data for: Aba, Abakaliki, Abeokuta, Ado, Ado-ekiti, Afikpo, Akure, Akwa-Ibom, Asaba, Bauchi, Benin, ... Update information for Nigeria!