Property Prices in Lagos, Nigeria

Index Info
Price to Income Ratio: 13.79
Mortgage as Percentange of Income: 257.63%
Loan Affordability Index: 0.39
Price to Rent Ratio - City Centre: 3.01
Price to Rent Ratio - Outside of Centre: 1.91
Gross Rental Yield (City Centre): 33.20%
Gross Rental Yield (Outside of Centre): 52.44%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 395,071.43 ₦ 200,000.00-750,000.00
Apartment (1 bedroom) Outside of Centre 232,269.91 ₦ 120,000.00-450,000.00
Apartment (3 bedrooms) in City Centre 1,261,491.71 ₦ 500,000.00-2,500,000.00
Apartment (3 bedrooms) Outside of Centre 678,678.22 ₦ 300,000.00-1,300,000.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 32,515.79 ₦ 13,935.34-46,451.13
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) 85,913.04 ₦
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 18.18 10.00-21.00

These data are based on 152 entries in the past 18 months from 29 different contributors.
Last update: April 2019

Sources and References: Info
No sources and references provided yet.
Add new source here:
Sign up for our newsletter:
Your email address:
This page in other languages:

DeutschImmobilienpreise in Lagos
ItalianoPrezzi delle proprietà immobiliari a Lagos
FrançaisPrix de l'immobilier à Lagos
EspañolPrecios de Inmuebles en Lagos

Leave a comment:
Your name: Sign In
Your email address (optional):
Your comment (no HTML):

0 Comments so far