I have a budget of 2 million naira.. How much does it cost to build a 5 - bedroom flat??

It will cost you approximately

N31, 804, 342, 091








In case you need the break down....

Depending on location,you may only buy a plot of land or build a mansion.If its is Lagos,that money no buy land self,talkless of build house,if na interior Ogun like ogijo,mowe ,asese and matogun that money will go far in building three bedroom.if na abuja..forget it,use your money to buy fura.go places like aba,osun ,Enugu sokoto and places not conjested

I don't know how much it will cost, but I'm sure 2 million is far from being enough

....Still FTC

I'm here to read comments

not sure 2m can deal... maybe 4m

You more bro, I think because my brother spent more than that in his 4 bedroom flat.

erenax:
I have a budget of 2 million naira.. How much does it cost to build a 5 - bedroom flat??

Is the land already available?

Depends on so many factors: condition of the land ( dry? water logged? sloppy /flat), size of the building, location, moulding blocks/ buying? your taste as per finishing level. Am currently working on a project, 3 no of 2bedroom flat. I have spent 1.5m and I have not gone beyond foundation stage. Of course the land is dry but very sloppy. filling alone gulped about 500k. I don't know how far ur 2m can go but definitely not half way.

You need more bro, I think because my brother spent more than that in his 4 bedroom flat.

erenax:
I have a budget of 2 million naira.. How much does it cost to build a 5 - bedroom flat??

is it in Lagos?

Contact me 08101217536
, am an Architect, I will help quantify your project to your satisfaction

Only your foundation will consume 700k, not to
talk of the finishing. Well for the foundation it depends on the soil and the land level

Here to learn, Oya builders estimate.

You need 20m

Maybe 4 million can do

Everyone is suddenly a builder and a quantity surveyor. How we unprofessionally come up with these estimates amazes me. I have built many houses and still building houses for several clients on Nairaland here, I'll never give an estimate without considering the following factors;
Building plan
Site Location
Type of soil
Cost of labour in that area
Cost of supervision
Cost of building material in that area e.t.c
The cost of the house I built in Lekki-Ajah was different from that which I built in Enugu. Similar building, different cost. Ajah was swampy whilst Enugu was very dry. In order to give you a proper estimate, you need to state the aforementioned factors. I wish you good speed.

Engr.Daniel (07037629947)
TerraStone Construction

It depends on the fluctuation of the price of building materials in the market. Last year, i was doing finishing for a two storey project in PH, and while the client was still wasting time, cement went from 1550 to 2300. That alone pushed the cost of the plastering from 2.6 to 3.15
Building right now is dependent on cost of materials. Cement, planks, iron, blocks, sands and granite now have higher prices, and for engineers like myself, no idea when this will go down or if it ever will.
For five bedroom, the rough estimate from foundation to roofing is broken down as follows...
Approval for building in mainland Lagos, 250k, island 500k
Foundation plus casting, OMo onile cash, labor and laying of blocks = 600k if more..
Materials 1st stage, 4000 6x6 blocks including fencing plus cost of gate... Blocks sells now at 150 that's 600k, plus cement (60 bags) totals 150k, don't forget sands,stones,steel and planks plus labor. Another rough 500k. Total is roughly 1.5m plus labour.
Then roofing. I did one for a three bedroom recently, you can visit jonnytech at abule eggs to get a quote for your roof, don't go to towers, their price is insane, but the quality is the best. The roof I did was a step tiles aluminum roofing and it swallowed 900k.
Now finishing, that one depends on your taste. For a five bedroom, you need soakaway, parking lot, tiles, ceiling, good kitchen work, POP, wall screding, wardrobes, etc... Book like 2million.
And don't forget your borehole...pray your land is not on some rocky land because you might have to pay close to 500k if it is.

Now You See, you need roughly 5-6 million. And I hope you are not building at lekki coz you will for sure need double the amount.

At OP I'm not scaring you, building right now is expensive but it's worth having your house than living a fake life style and paying your rude and annoying land lord yearly. God will bless you. You can pm me if you need more advice.

erenax:
I have a budget of 2 million naira.. How much does it cost to build a 5 - bedroom flat??

Just visit me on www.nicebuilder. for more details

You will build a one bedroom Mud house with your budget.

Fraegunnaya:
Contact me 08101217536
, am an Architect, I will help quantify your project to your satisfaction

abeg comot for road. Help someone u dey talk another tin

Really need answers from builders.

Goldenheart:
It will cost you approximately

N31, 804, 342, 091








In case you need the break down....

Must you always comment, even in matters you know nothing of. Please, this thread is for men. Kindly go to the section that needs you most "romance and joke"

5 hmm

Are you building it in the year 2005 or 2017?

from experience, you need close to 8 to 9 million naira, only the roofing you need at least 1million, the ties another 1 million, foundation depend on the soil, blocks, cement and so many other stuff.

Check the thread below to see 3D views of. different buildings and the their cost. I believe his would guide you.
https://www.nairaland.com/2915461/3d-views-buildings-harneyproject-team/2

erenax:
I have a budget of 2 million naira.. How much does it cost to build a 5 - bedroom flat??

If your budget is 2mil - then u shdn't be thinking of 5 bedroom.

I'll advice you go for a 2 bedroom and that wld still cost you more than 2 mil.....

5 bedroom wont cost less than 6-7mil - no matter how small it is (if properly built to quality)

evergenuine:
Are you building it in the year 2005 or 2017?

No, he is building it in the year 2090. Why was the thread created?