Property Prices in Nigeria
| Index |  |
|---|---|
| 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 |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 457,400.90 ₦ | |
| Apartment (1 bedroom) Outside of Centre | 298,467.50 ₦ | |
| Apartment (3 bedrooms) in City Centre | 1,010,881.05 ₦ | |
| Apartment (3 bedrooms) Outside of Centre | 655,833.33 ₦ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 44,551.30 ₦ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 17,226.92 ₦ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 97,072.09 ₦ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 18.06 |
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.
Sources and References
This page in other languages:
 DeutschImmobilienpreise in Nigeria
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 PortuguêsPreços de Imóveis na Nigéria
|
 ItalianoPrezzi delle proprietà immobiliari in Nigeria
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 FrançaisPrix de l'immobilier au Nigéria
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 EspañolPrecios de Inmuebles en Nigeria
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