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Property Prices in Nigeria
| Index |  |
|---|---|
| Price to Income Ratio: | 12.93 |
| Mortgage as Percentange of Income: | 272.26% |
| Loan Affordability Index: | 0.37 |
| Price to Rent Ratio - City Centre: | 6.91 |
| Price to Rent Ratio - Outside of Centre: | 5.47 |
| Gross Rental Yield (City Centre): | 14.47% |
| Gross Rental Yield (Outside of Centre): | 18.28% |
| Rent Per Month | [ Edit ] | Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 158,421.05 ₦ | |
| Apartment (1 bedroom) Outside of Centre | 74,450.00 ₦ | |
| Apartment (3 bedrooms) in City Centre | 358,666.67 ₦ | |
| Apartment (3 bedrooms) Outside of Centre | 190,000.00 ₦ | |
| Buy Apartment Price | [ Edit ] | |
| Price per Square Feet to Buy Apartment in City Centre | 24,773.92 ₦ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 9,806.33 ₦ | |
| Salaries And Financing | [ Edit ] | |
| Average Monthly Net Salary (After Tax) | 71,983.33 ₦ | |
| Mortgage Interest Rate in Percentages (%), Yearly | 20.71 |
These data are based on 105 entries in the past 12 months from 20 different contributors.
Last update: September 2017
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.
More about Nigeria:
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Property Prices in this country for some cities: Lagos
We would like to gather more data for: Aba, Abakaliki, Abeokuta, Ado, Ado-ekiti, Afikpo, Akure, Akwa-Ibom, Bauchi, Benin, Calabar, ... Update information for Nigeria!