Property Prices in Nigeria
| Index |  |
|---|---|
| Price to Income Ratio: | 16.09 |
| Mortgage as Percentage of Income: | 304.53% |
| Loan Affordability Index: | 0.33 |
| Price to Rent Ratio - City Centre: | 4.93 |
| Price to Rent Ratio - Outside of Centre: | 2.72 |
| Gross Rental Yield (City Centre): | 20.27% |
| Gross Rental Yield (Outside of Centre): | 36.70% |
| Rent Per Month | [ Edit ] | Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 242,369.40 ₦ | |
| Apartment (1 bedroom) Outside of Centre | 178,984.38 ₦ | |
| Apartment (3 bedrooms) in City Centre | 700,256.40 ₦ | |
| Apartment (3 bedrooms) Outside of Centre | 427,142.86 ₦ | |
| Buy Apartment Price | [ Edit ] | |
| Price per Square Feet to Buy Apartment in City Centre | 30,829.18 ₦ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 11,334.08 ₦ | |
| Salaries And Financing | [ Edit ] | |
| Average Monthly Net Salary (After Tax) | 70,509.80 ₦ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 18.44 |
These data are based on 512 entries in the past 18 months from 102 different contributors.
Last update: June 2020
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
PortuguêsPreços de Imóveis na Nigéria
ItalianoPrezzi delle proprietà immobiliari in Nigeria
FrançaisPrix de l'immobilier au Nigéria
EspañolPrecios de Inmuebles en Nigeria