Asked by: Younouss Winke
asked in category: General Last Updated: 9th June, 2020

How much does it cost to build a house in Nigeria?

Building a house is very expensive in Nigeria. A three-bedroom house, for example, will cost about US$50,000, compared to US$36,000 in South Africa and US$26,000 in India, according to Finance Minister Ngozi Okonjo-Iweala.

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Just so, how much does it cost to build a house Nigeria?

Building a house is very expensive in Nigeria. A three-bedroom house, for example, will cost about US$50,000, compared to US$36,000 in South Africa and US$26,000 in India, according to Finance Minister Ngozi Okonjo-Iweala.

how much does it cost to build 4 bedroom house in Nigeria? Estimare depending on location and all of above: N10M ( US$30,000) in typical rural area in Nigeria to say N40M (cost of land and building) in places like Magodo, Ikeja GRA, Lekki Phase 2 etc. All in Lagos.

Hereof, how much does it cost to build a 3 bedroom flat in Nigeria?

Honestly, you can build a 3 bedroom bungalow for as much as N50,000,000, or as low as N5,000,000. Sometimes the estimate even goes below the latter. This cost is affected by a number of factors ranging from: Location of the property.

How much does it cost to build a 2 bedroom house in Nigeria?

To build 2 Bedroom flat in Nigeria, you will need the following items: 2,000 x 6” of hollow blocks (130/block) - N260,000. 110 cement packs (2750) - N302,500. 15 tons of granite (42,000) - N126,000.

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