|Price to Income Ratio:||14.42|
|Mortgage as Percentage of Income:||275.09%|
|Loan Affordability Index:||0.36|
|Price to Rent Ratio - City Centre:||2.83|
|Price to Rent Ratio - Outside of Centre:||3.13|
|Gross Rental Yield (City Centre):||35.30%|
|Gross Rental Yield (Outside of Centre):||31.99%|
Rent Per Month
|Apartment (1 bedroom) in City Centre||299,646.45 ₦||120,000.00-950,000.00|
|Apartment (1 bedroom) Outside of Centre||195,808.67 ₦||70,000.00-450,000.00|
|Apartment (3 bedrooms) in City Centre||1,016,954.00 ₦||350,000.00-3,000,000.00|
|Apartment (3 bedrooms) Outside of Centre||500,459.32 ₦||200,000.00-1,000,000.00|
Buy Apartment Price
|Price per Square Feet to Buy Apartment in City Centre||24,064.28 ₦||11,999.90-49,238.20|
|Price per Square Feet to Buy Apartment Outside of Centre||14,751.47 ₦||6,503.16-46,451.13|
Salaries And Financing
|Average Monthly Net Salary (After Tax)||72,431.24 ₦|
|Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate||18.60||12.00-26.00|
These data are based on 507 entries in the past 18 months from 101 different contributors.
Last update: May 2021
Our data for each country are based on all entries from all cities in that country.
No sources and references provided yet.