|Price to Income Ratio:||17.13|
|Mortgage as Percentage of Income:||318.12%|
|Loan Affordability Index:||0.31|
|Price to Rent Ratio - City Centre:||4.36|
|Price to Rent Ratio - Outside of Centre:||2.59|
|Gross Rental Yield (City Centre):||22.94%|
|Gross Rental Yield (Outside of Centre):||38.61%|
Rent Per Month
|Apartment (1 bedroom) in City Centre||457,400.90 ₦||150,000.00-900,000.00|
|Apartment (1 bedroom) Outside of Centre||298,467.50 ₦||80,000.00-700,000.00|
|Apartment (3 bedrooms) in City Centre||1,010,881.05 ₦||300,000.00-3,000,000.00|
|Apartment (3 bedrooms) Outside of Centre||655,833.33 ₦||150,000.00-1,500,000.00|
Buy Apartment Price
|Price per Square Feet to Buy Apartment in City Centre||44,551.30 ₦||18,580.45-85,302.95|
|Price per Square Feet to Buy Apartment Outside of Centre||17,226.92 ₦||4,645.11-41,806.02|
Salaries And Financing
|Average Monthly Net Salary (After Tax)||97,072.09 ₦|
|Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate||18.06||10.00-22.00|
These data are based on 335 entries in the past 18 months from 68 different contributors.
Last update: September 2023
Our data for each country are based on all entries from all cities in that country.
No sources and references provided yet.