IMHO rent in Nigeria is very cheap!

By December next year i don't see myself living in a tenancy house.

In the next 10 years if u don't ve atleast your own house, no matter how small... U are finished.


*pls nobody should take my advice*

Icon4s:
560K. Benin-City.

Is dat for the whole street?

Here in Alapere Ketu, it's #120, 000 per year for a room self. So no one in Lokoja here?

stevedre:
Mine is 750 dollars monthly 3 bedrooms all ensuite and a large sitting room with 2 balconys and nice setrings. I never are bills oo. Honestly competition, the wife you marry, the kind of friends you keep abroad and comfort has made most of us spend fortunes here while most of us dont even have bicycle back home. Now that cash is not flowing worldwide like before our eyes don open but naija news is not helping matters at the moment. I invested over 40k dollars in transport bussiness 2 years ago as i am talking to you i have sold almost all the vehicles cuz of bad management. Still, theres no place like home

3bedroom is quite huge. You should consider sharing and splitting cost, except you have your family (wife and kids) with you.

Meanwhile, I'm interested in knowing what city you live in and what you do (job) because that's what huge budget ($9k/year or 2.7m) for accommodation only.

Most investors who are absent of their investment rarely make appreciable turnover because no one is a better manager or bearer of the vision than the investor himself. A little deviation may be in real estate management, still you must visit quarterly after all no place like home.

lavenjcrown:
I'm paying 7.5m per annum at ikoyi still pay money for maintenance 750k

dats enuf to build a hauz,lion(liunus) u cn lie for africa

I'm jealous of all my Naija peeps the majority of rent prices except for Abuja and parts of Lagos are quite good. Although when you factor in salary sizes it's not so good.

My rent in London excluding council tax is £1400 per month x 12 months = £16,800 per year. In Naira @ N420 = £1 means my own rent is over 7 Million Naira per year. Bear in mind I live in a normal middle class area. If I lived in central London you will have to multiple this by at least 4 times.

psammy1122:
damn these rent prices here, and my bloody cousin keep telling me house rent is not that expensive in Benin city, i have 6 flats 3 bedroom each with fence and bore-hole for drinking water in Benin city and the tenants pay 96,000 per year according to my cousin

My hubby has same in sapele Rd, behind winner chapel. He get's 250k pa.

squino:
I just paid 170,000 for a bedroom flat(palour, room, kitchen and bath) in Eket, Akwa Ibom, how much are you guys currently paying and what's your location?

#2,400,000 a year at Ndjamena in Chad Republic for four bedroom flat.

Kennedymac:
just here to read the lies they are dishing out

me too

extraterra:


How much is three bedroom apartment in citec and efab Estates? Thanks

I'm not an agent but ur budget shld b in the range of 1.2 and above depending on the spec.

Engineermbugame:
lol ,longest time dear,hope ur preparing hard for ur upcoming exam?

Hehehe una no dey forget sometin. POST - JAMB prep is going great dear. Hoping for the best

emtimes:
my landlord just finnished humilliating for common 3yrs wey i never pay(sigh). I go sneak tonight come join u

lmao you better come join me, plenty space dey for everyone. Just bring your mat. Say NO to landlord exploitation

Motherfucker2:


Santa Barbara, that's the cheapest you can get.
People in Calabasas and Los Angeles pay $2,000 per month

Wow. The take home I'm sure accommodates such spending. Right?

Not sure it equivalent in naira but more than 4million annually goes to rent. Will soon be over as I may soon secure a mortgage home. Can't continue to increase the bank account of landlords in this country.

Krucifax:
I'm jealous of all my Naija peeps the majority of rent prices except for Abuja and parts of Lagos are quite good. Although when you factor in salary sizes it's not so good.

My rent in London excluding council tax is £1400 per month x 12 months = £16,800 per year. In Naira @ N420 = £1 means my own rent is over 7 Million Naira per year. Bear in mind I live in a normal middle class area. If I lived in central London you will have to multiple this by at least 4 times.

Why una like punishment for dat London.

We were paying 650 in 2004 for a 2bedroom house in Plumstead. We jeje carried our bags and bought a a 3bedhouse with 580 mortgage. And life is gud.

Etinosajay:


Wow. The take home I'm sure accommodates such spending. Right?

More like living from paycheck to paycheck

wilcox:
One bed flat at yenegoa =220k+24/7 light supplied by SPDC. I wish everywhere in Nigeria was Ike this.

Wow!! Plz which part of Yenagoa is dis? Looking for such accommodation.

Motherfucker2:

More like living from paycheck to paycheck

Perks of living in a big city.

Blackfire:
By December next year i don't see myself living in a tenancy house.

In the next 10 years if u don't ve atleast your own house, no matter how small... U are finished.


*pls nobody should take my advice*

Who told you it is your advice?
Show receipt and ownership title

ladyF:

Hehehe una no dey forget sometin. POST - JAMB prep is going great dear. Hoping for the best

wish u success dear ,hope u went to church.

Schwartz:
I live with my man here in southern Germany. He pays 350€ per month (122k) for just a room in a flatshare of 5 other people. Meaning that you must share parlour, toilet, bathroom and kitchen with other tenants. His landlord charges me extra €100 per month for living in the room with him. That's how its done here. Its rare to see a landlord that allows a tenant bring in another person without charging. Plus most people live in flatshares here.
IMHO rent in Nigeria is very cheap!

Because life in Nigeria is terrible. Isn't that why you ran away to germany?

Do you prefer cheap rent, no job, bad road, no electricity, no security, endless list of have nots.

bilaal29:
Three bedroom flat but none of the building was painted or tiled @Ede Osun state
72k
While in Gombe (Room and Parlour with toilet and kitchen all tiled even the parlour)
66k

Houses are very cheap and affordable in ede, all you need to do is paint and place rug where necessary. Then you can as well polish the house to your taste.

lestat:


Yes baby we are under the bridge together but you know we can't have kids here sha?

Why not?

Are you impotent? Or is she infertile?

750k for 2 bedroom, 2 baths, Kitchen, dining area, spacious compound, central borehole, 18-24 hrs electricity daily, very serene environment. Reporting live from Lokogoma, Abuja.

DJEhimond:
Here in Alapere Ketu, it's #120, 000 per year for a room self. So no one in Lokoja here?

Are you sure? Its a little bit inexpensive.

Etinosajay:


Because life in Nigeria is terrible. Isn't that why you ran away to germany?

Do you prefer cheap rent, no job, bad road, no electricity, no security, endless list of have nots.

Don't be siilly. Life is not rosy anywhere

Used to pay 220k for a room and parlor self-con in Enugu.
Now staying in Abakaliki, paying 170k for same.

vanvick247:



Wow!! Plz which part of Yenagoa is dis? Looking for such accommodation.

It is an out sketche of the town but very good environment. Just after LNG Junction by Amasoma (NDU) road. It's a new house that is well finished and has enough parking space.

.[Quote author=ItzChinnex post=44773092]Abuja 590k 3 bedroom flat.[/quote]


Please where in Abuja?

otiigba1:
me thinks your cousin is taking you for a ride. Same thing my brother was doing to me until i went down to nigeria to find out for me self, you need to go there and see for yourself whats happening there. Now i gave my properties to an agency to manage for me no more family things.

Which is worse?

Agency or family?

Have you ever had your house vacant for more than 1yr because u ask for 200k rent, and agent asks for 300k rent, their agency fee aside.

Schwartz:

Don't be siilly. Life is not rosy anywhere

You're correct.

How about you pack your bags, and be at the airport tomorrow. Make you come naija come collect the same rose Wey dey germany.

Oh no, you can't do that because, you would be silly. Correct?