NUMBEO

Property Prices in Nigeria

Index Info
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 ₦ 100,000.00-500,000.00
Apartment (1 bedroom) Outside of Centre 164,642.86 ₦ 50,000.00-300,000.00
Apartment (3 bedrooms) in City Centre 558,275.86 ₦ 208,333.00-1,000,000.00
Apartment (3 bedrooms) Outside of Centre 392,241.38 ₦ 150,000.00-800,000.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 34,967.39 ₦ 10,322.46-46,451.13
Price per Square Feet to Buy Apartment Outside of Centre 18,580.45 ₦ 3,716.09-27,870.68
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 15.00-22.00

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: Info
No sources and references provided yet.
Add new source here:
URL:
Description:
More about Nigeria: Cost of Living | Crime | Climate | Food Prices | Gas Prices | Health Care | Pollution | Property Prices | Quality of Life | Taxi Fare | Traffic

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!