Wrap Up. This article has provided an insight into the cost of building a house in Nigeria and tips you can use to effectively save costs. In sum, you will need about 12 to 17 million Naira to build a standard 3-bedroom bungalow, depending on your location in the country and other factors.
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.
How much does it cost to build a 5 bedroom house in Nigeria?
First it depends on how luxurious the house will be and the location the house will be located in. If you want to build an average 5 bedroom duplex in Abuja, It will cost around 150 Million, because land and labor is very expensive at the capital.
How much does it cost to build a 4-bedroom house in Nigeria?
HOW MUCH WILL IT COST TO BUILD A 4-BEDROOM BUNGALOW IN NIGERIA? Using today’s building market survey, one should expect a total of ₦10 million to ₦15 million for building a well structured and standard 4-bedroom bungalow in Nigeria, from foundation to roofing level.
How much does it cost to build 4 flats in Nigeria?
On the average, based on the estimate above, you should expect to spend a total of anything between N15 million and N25 million for a standard 4-bedroom bungalow, although building this same in rural or developing areas in Nigeria can be way cheaper.
What is good salary in Nigeria?
A person working in Nigeria typically earns around 339,000 NGN per month. Salaries range from 85,700 NGN (lowest average) to 1,510,000 NGN (highest average, actual maximum salary is higher). This is the average monthly salary including housing, transport, and other benefits.
How many blocks can build a 3-bedroom flat in Nigeria?
Building a 3-bedroom flat is a very nice thing.
While an average 2-bedroom flat will require about 2,200 blocks for construction, an average 3-bedroom flat will require about 2650 blocks.
How many blocks can build a 5 bedroom bungalow?
How many numbers of blocks can build a 5 bedroom bungalow? About 4500 blocks to 5000 blocks depending on the size of the design.
How many blocks can build a single room in Nigeria?
While an average 2-bedroom flat will require about 2,200 blocks for construction, an average 3-bedroom flat will require about 2650 blocks.
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.
Is $100 a lot in Nigeria?
Largely depends on who you ask. $100 is around 36,000 Naira which is twice our current official minimum monthly wage. To someone who earns minimum wage, which unfortunately is the bulk of the Nigerian populace, it is a lot of money.
How much will it cost to build a 3-bedroom house in Nigeria?
For an archetypal 3-bedroom flat plan, the design usually costs between N50,000 and N400,000 depending on the professional consulted, the complexity of the structure and sometimes, the location.
What is the cost of building a 3-bedroom flat in Nigeria?
Therefore, it is always advisable to use quality building materials. Finishing include plastering, floor tiles, painting, wiring, plumbing, windows, doors and gates. Total estimated cost of finishing a 3-bedroom bungalow is ranged between ₦1.3 million and ₦2.5 million.
How much is bag of cement in Nigeria?
How much is a bag of cement in Nigeria? As of present, the retail price of cement in Nigeria is ₦3,950 — ₦4,200 per bag, depending on brand, location, and other factors. And the wholesale price (600 bags) is ₦2,300,000 to ₦2,400,000, depending on the manufacturer.
How long does it take to build a house in Nigeria?
For example, experts recommend that builders allow anywhere between 3 to 5 weeks drying time for the concrete decking of the upper floor of the duplex. 5 weeks! That is a pretty long time to wait! This means that the entire building from start to finish can take as much as 3 – 4 months (or 12 – 16 weeks) to complete.
How much will it cost to build a 4 bedroom duplex in Nigeria?
HOW MUCH IT WOULD COST TO BUILD A DUPLEX IN NIGERIA TODAY (2021) After differentiating the important stages of building a duplex and successfully combining and approximating cost, it is safe to say that one should budget the sum of ₦25 million to ₦30 million to begin the building process from foundation to roofing.