| Contents:
Rental values . Prices of Land in Abuja
Rental values
It is worthy to mention here that properties such as blocks
of flats of 3 bedroom, 2 and 4 bedrooms are in high demand
and command good rental values of say N650,000.00 per annum
for a three bedroom flat, N350,000 to N400,000 per annum for
a 2 bedroom flat and N750,000 to N800,000 per annum for a
4 bedroom flat.
Other accommodation like 1 bedroom flat
and 1 room self contained also command good rental values
of N250,000 per annum for 1 bedroom flat and N150,000 per
annum for 1 room self contained. This is because these cadres
of accommodation are for the low and medium classes of people.
Duplexes of 5 bedrooms and 6 bedrooms with
boy's quarters attract rental values of between N2.5million
to N3million and above depending on location and finishing.
The demand for them is not very much because of the high rental
values. This is because only chief executives of parastatals,
corporate bodies and top government functionaries can afford
to pay for such accommodation.
More so we will like to advice that an average
investor should invest in developing properties such as blocks
of flat, and 1 room self contained because the demand for
such accommodation is high and capital involved is likewise
not much except for the price the purchase of land.
--------------------------------------------------------------------------------
Prices of land in Abuja.
--------------------------------------------------------------------------------
Residential
Maitama 1500m2-2000m2 and above - N25million to N35million
Asokoro District 1500m2-2000m2 and above - N25million to N35million
Asokoro Extension 1500m2-2000m2 and above - N20million to
N35million
Wuse phase II 1500m2-2000m2 and above - N25million to N35million
Wuse phase I 1500m2-2000m2 and above - N20million to N30million
Garki phase I 1500m2-2000m2 and above - N20million to N30million
Garki phase II 1500m2-2000m2 and above - N20million to N30million
Jabi District 1500m2-2000m2 and above - 15million to 20million
Utako District 1500m2-2000m2 and above - N10million to 18million
Katampe district 1500m2-2000m2 and above - N5million to 8million
Durumi district 1500m2-2000m2 and above - N10million to N15million
Wuye district 1500m2-2000m2 and above - N5million to N8million
Mabushi district 1500m2-2000m2 and above - N5million to N10million
Kubwa 1500m2-2000m2 and above - N2million to N3million
Commercial purpose only
Central Area
3000m2 to 4500m2 and above - N35million to N60million
|
