Property Prices in Nigeria

Index Info
Price to Income Ratio: 15.44
Mortgage as Percentange of Income: 285.92%
Loan Affordability Index: 0.35
Price to Rent Ratio - City Centre: 5.81
Price to Rent Ratio - Outside of Centre: 4.31
Gross Rental Yield (City Centre): 17.20%
Gross Rental Yield (Outside of Centre): 23.18%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 201,912.57 ₦ 46,000.00-500,000.00
Apartment (1 bedroom) Outside of Centre 103,858.76 ₦ 25,000.00-250,000.00
Apartment (3 bedrooms) in City Centre 565,055.56 ₦ 100,000.00-1,666,666.00
Apartment (3 bedrooms) Outside of Centre 297,389.83 ₦ 50,000.00-900,000.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 29,728.73 ₦ 11,999.90-46,451.13
Price per Square Feet to Buy Apartment Outside of Centre 11,496.66 ₦ 4,180.60-18,580.45
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 71,857.14 ₦
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 18.00 13.00-21.00

These data are based on 306 entries in the past 18 months from 61 different contributors.
Last update: July 2019
Our data for each country are based on all entries from all cities in that country.

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DeutschImmobilienpreise in Nigeria
PortuguêsPreços de Imóveis na Nigéria
ItalianoPrezzi delle proprietà immobiliari in Nigeria
FrançaisPrix de l'immobilier au Nigéria
EspañolPrecios de Inmuebles en Nigeria

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Property Prices in this country for some cities: Abuja, Lagos

We would like to gather more data for: Aba, Abakaliki, Abeokuta, Ado, Ado-ekiti, Afikpo, Akwa-Ibom, Bauchi, Benin, Calabar, Damaturu, ... Update information for Nigeria!