Property Prices in Lagos, Nigeria

Index Info
Price to Income Ratio: 13.64
Mortgage as Percentange of Income: 235.38%
Loan Affordability Index: 0.42
Price to Rent Ratio - City Centre: 4.53
Price to Rent Ratio - Outside of Centre: 3.81
Gross Rental Yield (City Centre): 22.08%
Gross Rental Yield (Outside of Centre): 26.22%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 251,077.78 ₦ 45,000.00-500,000.00
Apartment (1 bedroom) Outside of Centre 128,359.65 ₦ 25,000.00-300,000.00
Apartment (3 bedrooms) in City Centre 846,293.31 ₦ 100,000.00-2,500,000.00
Apartment (3 bedrooms) Outside of Centre 366,447.14 ₦ 50,000.00-1,000,000.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 32,096.45 ₦ 13,935.34-46,451.13
Price per Square Feet to Buy Apartment Outside of Centre 12,541.81 ₦ 4,180.60-18,580.45
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 88,038.46 ₦
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 16.62 10.00-20.00

These data are based on 197 entries in the past 18 months from 38 different contributors.
Last update: October 2019

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

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