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Property Prices in Nigeria
| Index |  |
|---|---|
| Price to Income Ratio: | 17.87 |
| Mortgage as Percentange of Income: | 356.88% |
| Loan Affordability Index: | 0.28 |
| Price to Rent Ratio - City Centre: | 6.08 |
| Price to Rent Ratio - Outside of Centre: | 4.86 |
| Gross Rental Yield (City Centre): | 16.45% |
| Gross Rental Yield (Outside of Centre): | 20.58% |
| Rent Per Month | [ Edit ] | Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 262,187.50 ₦ | |
| Apartment (1 bedroom) Outside of Centre | 164,642.86 ₦ | |
| Apartment (3 bedrooms) in City Centre | 558,275.86 ₦ | |
| Apartment (3 bedrooms) Outside of Centre | 392,241.38 ₦ | |
| Buy Apartment Price | [ Edit ] | |
| Price per Square Feet to Buy Apartment in City Centre | 34,967.39 ₦ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 18,580.45 ₦ | |
| Salaries And Financing | [ Edit ] | |
| Average Monthly Net Salary (After Tax) | 80,652.17 ₦ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 19.56 |
These data are based on 162 entries in the past 18 months from 32 different contributors.
Last update: August 2018
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, Asaba, Bauchi, Benin, ... Update information for Nigeria!