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Cost Of Rent Around Abuja|Co-tenant - Properties (6) - Nairaland

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Re: Cost Of Rent Around Abuja|Co-tenant by MiddleDimension: 1:27pm On Apr 13
wildchild1:


Often times, rent is not by quality or how new the structure is, its usually by location. Most of the houses in Asokoro Federal Housing are old and they are way more expensive than the new ones in Jabi/Lugbe/Gwarimpa/Lokogoma. Location is key

actually you are right
Re: Cost Of Rent Around Abuja|Co-tenant by Neldrizzy(m): 1:30pm On Apr 13
McAausim:





Honestly i can't pay 800k in kubwa
bros you don reach F01 for kubwa?? Those new 2/1 extension!!! I can pay a million there if I have the money!!!

Serenity, accessible road, water and electricity is everything when it comes to location
Re: Cost Of Rent Around Abuja|Co-tenant by arduino: 1:33pm On Apr 13
Neldrizzy:
muzzz me guy grin I swear you are right... same thing I was telling my Whatsapp friends last week... The empty estates are just too many... Big and empty
Especially alone Jahi, Jabi and kado.

1 Like

Re: Cost Of Rent Around Abuja|Co-tenant by Juicybreed(m): 1:36pm On Apr 13
How long will you keep paying for House and property Rent. If your wise and Your money works for you. That's a question you need to ask yourself. Nigeria Rent system is so poor.

2 Likes

Re: Cost Of Rent Around Abuja|Co-tenant by Neldrizzy(m): 1:36pm On Apr 13
Rubbiish:

Lols
But na so dawaki and gwarinpa be o wink
lolz dawaki is just directly opposite gwarinpa na...


Mpape you go still enter bus reach there �

2 Likes

Re: Cost Of Rent Around Abuja|Co-tenant by arduino: 1:37pm On Apr 13
Neldrizzy:
bros you don reach F01 for kubwa?? Those new 2/1 extension!!! I can pay a million there if I have the money!!!

Serenity, accessible road, water and electricity is everything when it comes to location
Somebody that know kubwa very well. But 1.2M/Year for 2bedroom at that distance from city centre seems very high to me ooo
Re: Cost Of Rent Around Abuja|Co-tenant by Rubbiish(m): 1:38pm On Apr 13
darkelf:


It makes me wonder if they really want to rent out their property.

When one can build house in Osun, Ondo, Ekiti, Ogun for 60M
What kind of house do u want to build with 60m?
At most 25m should build for u a very good duplex

1 Like

Re: Cost Of Rent Around Abuja|Co-tenant by MiddleDimension: 1:40pm On Apr 13
CyberWolf:
Meaning that rent in Abuja is cheaper than Lagos b cause I was seeing rent as high as 60M and I was WTF, 60Mfor rent ... I live in Abuja and OP is correct.

how much is rent in Lagos? i would like to know
Re: Cost Of Rent Around Abuja|Co-tenant by Neldrizzy(m): 1:43pm On Apr 13
arduino:

Especially alone Jahi, Jabi and kado.
i swear


We go survive for this town sha!!! God Dey with us
Re: Cost Of Rent Around Abuja|Co-tenant by arduino: 1:44pm On Apr 13
Neldrizzy:
i swear


We go survive for this town sha!!! God Dey with us
Amen oooo
Re: Cost Of Rent Around Abuja|Co-tenant by Neldrizzy(m): 1:45pm On Apr 13
arduino:

Somebody that know kubwa very well. But 1.2M/Year for 2bedroom at that distance from city centre seems very high to me ooo
yes it’s high, but it’s worth every penny!!!

Bros na because say money no Dey we Dey talk like this!!!

From F01 to city center is approximately 20 -25mins drive
Re: Cost Of Rent Around Abuja|Co-tenant by darkelf: 1:47pm On Apr 13
MiddleDimension:


@darkelf pls read this:

in Nigeria, the prices of things are NOT FAIR! if they were fair, sentiments like ''this is the federal capital'' should not factor in.

that a place is ''federal capital'' doesn't matter to a business man. all he wants is profit, and as far as i am concrened, who ever invested in those houses in the high brow areas in abuja is not making the profit he is suppose to make. this is because alot of them are empty! a business man would not like his property to be empty because he is not making anything while empty.

so he would begin to look at why they are empty in order to see how he can get them occupied. this will drive down the cost of those houses to their actual price. but this is if the person who invested in them is a true business man who invested his HARD EARNED MONEY!

like you and i know they are not actual business men who invested their own money. they are political thieves who just want to have properties in ABUJA, the federal capital. and the money they used are YOURS! so they are not losing anything if those houses remain empty because they never invested their OWN money.

Gbam. Double gbam.

The money is stolen and needs to be laundered. Buying properties is a good way to do so.

Exactly
Re: Cost Of Rent Around Abuja|Co-tenant by trilobite: 1:49pm On Apr 13
The op is 60% right on his estimates.

Some Jabi, Apo self contain can be obtained for not more than 350k depending on your luck. Both areas have stable light and water that comes direct from waterboard.

However a self-contain in adamawa with Standby generator(from 7PM -11PM), tiles, and a kitchen, going for just 60K made me realize Abuja is not a place to start your life.

1 Like

Re: Cost Of Rent Around Abuja|Co-tenant by arduino: 1:54pm On Apr 13
Neldrizzy:
yes it’s high, but it’s worth every penny!!!

Bros na because say money no Dey we Dey talk like this!!!

From F01 to city center is approximately 20 -25mins drive
Bros, no be with the gridlocks these days on kubwa express way o. Every morning from Dutse junction to Setraco/Gwarimpa na hell. You no fit count the numbers of car wey dey suffer overheating sef.
Na 45-55mins I dey do NNPC Junction to City Centre theses days.
Re: Cost Of Rent Around Abuja|Co-tenant by Rubbiish(m): 2:13pm On Apr 13
Neldrizzy:
yes it’s high, but it’s worth every penny!!!

Bros na because say money no Dey we Dey talk like this!!!

From F01 to city center is approximately 20 -25mins drive
But most part of Kubwa no dey get light

1 Like

Re: Cost Of Rent Around Abuja|Co-tenant by Nobody: 2:15pm On Apr 13
Wow no easy tongue
Re: Cost Of Rent Around Abuja|Co-tenant by MiddleDimension: 2:15pm On Apr 13
darkelf:


Gbam. Double gbam.

The money is stolen and needs to be laundered. Buying properties is a good way to do so.

Exactly

i heard Fashola saying something about finding all of the empty houses in Nigeria, knowing where they are, and seeing how they can get people to occupy them.

i hope he comes up with a plan to buy back those houses, and sell to people at the REAL prices, which is about 40% the prices the owners now tell you.

the moral of the lesson is: nothing productive can come from theft. stealing is not productivity, and it never endures! those politicians think that by stealing they are being smart, can now see that they were not smart at all!

true wealth comes from inside out, not outside in. if you want to try it the other way round, you would have to go and still. and the wealth you acquire this way, don't last! because it is only a matter of time, your true self, which is poverty, will become revealed!

2 Likes

Re: Cost Of Rent Around Abuja|Co-tenant by MiddleDimension: 2:17pm On Apr 13
arduino:

Bros, no be with the gridlocks these days on kubwa express way o. Every morning from Dutse junction to Setraco/Gwarimpa na hell. You no fit count the numbers of car wey dey suffer overheating sef.
Na 45-55mins I dey do NNPC Junction to City Centre theses days.

lagos situation loading in abuja...

have you tried to move from gwagwalada to giri in one of these days?
Re: Cost Of Rent Around Abuja|Co-tenant by CyberWolf: 2:21pm On Apr 13
MiddleDimension:


how much is rent in Lagos? i would like to know
search for the thread. Check OP’s profile and get the thread from there.
Re: Cost Of Rent Around Abuja|Co-tenant by Enemyofpeace: 2:25pm On Apr 13
I learnt that cost of living is very expenses in Abuja
Re: Cost Of Rent Around Abuja|Co-tenant by austyne22ex(m): 2:43pm On Apr 13
trilobite:
The op is 60% right on his estimates.

Some Jabi, Apo self contain can be obtained for not more than 350k depending on your luck. Both areas have stable light and water that comes direct from waterboard.

However a self-contain in adamawa with Standby generator(from 7PM -11PM), tiles, and a kitchen, going for just 60K made me realize Abuja is not a place to start your life.
So I should go and start my life in Adamawa bcus the rent is cheaper there... what would a young graduate be doing in Adamawa? ...Baba, turn that dodo abeg, e don dey burn

1 Like

Re: Cost Of Rent Around Abuja|Co-tenant by morningstar55(m): 2:59pm On Apr 13
Rubbiish:

I heard power supply is poor in Arab road, only brick city estate enjoy light in that axis, how true?
Not only brick city...there's one estate called kabba estate(with green roof prototype),the power supply is same as brick city.
Even mopol barracks and Kagini village use the same power as brick city...i'll score it 85%


Modified....Kabba estate is a stone throw from brick city
Re: Cost Of Rent Around Abuja|Co-tenant by Kaycee9242(m): 3:21pm On Apr 13
Gift84:
is hard bro, cry
no pet the talk, it's just not possible
Re: Cost Of Rent Around Abuja|Co-tenant by Rubbiish(m): 3:24pm On Apr 13
morningstar55:

Not only brick city...there's one estate called kabba estate(with green roof prototype),the power supply is same as brick city.
Even mopol barracks and Kagini village use the same power as brick city...i'll score it 85%


Modified....Kabba estate is a stone throw from brick city
U are right
I stay in brick city at times
Power supply is constant to a large extent
But brick city is expensive sha
Re: Cost Of Rent Around Abuja|Co-tenant by MiddleDimension: 3:28pm On Apr 13
Rubbiish:

U are right
I stay in brick city at times
Power supply is constant to a large extent
But brick city is expensive sha

i know he made mistakes in that post, but check the OP's post on rent in lagos and see for areas where festac is classified. he said something about the highest house being 13m. when i read it, my mind went straight to the very Residence i told you my boss lives.

NB: i made my post in this thread before i saw his thread on Lagos
Re: Cost Of Rent Around Abuja|Co-tenant by victorazyvictor(m): 3:50pm On Apr 13
Npfn:
Fake survey all this is to hike price when you get on ground you see cheaper houses.


All this fake house agent and hungry bloggers quoting me you should be ashamed you know the truth and you keep lying

Who told you...
I dont think you've even visited Abuja before.

Enter OLX to confirm.
Re: Cost Of Rent Around Abuja|Co-tenant by Neldrizzy(m): 4:00pm On Apr 13
arduino:

Bros, no be with the gridlocks these days on kubwa express way o. Every morning from Dutse junction to Setraco/Gwarimpa na hell. You no fit count the numbers of car wey dey suffer overheating sef.
Na 45-55mins I dey do NNPC Junction to City Centre theses days.
lolz true... them wan turn Abuja to Lagos.
Re: Cost Of Rent Around Abuja|Co-tenant by Neldrizzy(m): 4:02pm On Apr 13
Rubbiish:

But most part of Kubwa no dey get light
them Dey ration am... but 2/1, phase 4 and phase 3 Dey get light steady, even PW side...

I’m currently at Chanel 8 junction now
Re: Cost Of Rent Around Abuja|Co-tenant by drake2(m): 4:23pm On Apr 13
CotenantNIG:
Hi Guys
Co-Tenant Nigeria here

This is part 2 of our series
Read Here for part 1
Cost of Rent around Lagos
https://cotenant.com.ng/cost-of-rent-around-lagos/

The average price of flats for rent in Abuja is ₦1,460,000 per year. The most expensive flat costs ₦12,000,000 per year while the cheapest cost ₦120,000 per year. we would be looking at some of this locations

APO
The average price of flats for rent in Apo, Abuja is ₦1,190,000 per year. The most expensive flat costs ₦4,000,000 per year while the cheapest cost ₦250,000 per year

ASOKORO
The average price of flats for rent in Asokoro District, Abuja is ₦3,180,000 per year. The most expensive flat costs ₦4,000,000 per year while the cheapest cost ₦300,000 per year

BWARI
Bwari| Kuduru| Ushafa| Zango
The average price of flats for rent in BWARI, Abuja is ₦500,000 per year. The most expensive flat costs ₦1,100,000 per year while the cheapest cost ₦100,000 per year

Wuye
The average price of flats for rent in Wuye, Abuja is ₦1,450,000 per year. The most expensive flat costs ₦2,500,000 per year while the cheapest cost ₦350,000 per year.

WUSE 2
The average price of flats for rent in Wuse 2, Abuja is ₦2,620,000 per year. The most expensive flat costs ₦11,000,000 per year while the cheapest cost ₦350,000 per year.

WUSE
The average price of flats for rent in Wuse, Abuja is ₦990,000 per year. The most expensive flat costs ₦15,000,000 per year while the cheapest cost ₦400,000 per year.

UTAKO
The average price of flats for rent in Utako, Abuja is ₦1,540,000 per year. The most expensive flat costs ₦5,000,000 per year while the cheapest cost ₦350,000 per year.

Nyanya
The average price of flats for rent in Nyanya, Abuja is ₦600,000 per year. The most expensive flat costs ₦1,000,000 per year while the cheapest cost ₦350,000 per year.

Mpape
The average price of flats for rent in Mpape, Abuja is ₦900,000 per year. The most expensive flat costs ₦1,000,000 per year while the cheapest cost ₦100,000 per year.

Mbora
The average price of flats for rent in Mbora Abuja is ₦1,100,000 per year. The most expensive flat costs ₦3,000,000 per year while the cheapest cost ₦300,000 per year.

Maitama
The average price of flats for rent in Maitama District, Abuja is ₦5,990,000 per year. The most expensive flat costs ₦7,000,000 per year while the cheapest cost ₦600,000 per year.

Mabuchi
The average price of flats for rent in Mabuchi, Abuja is ₦1,420,000 per year. The most expensive flat costs ₦5,000,000 per year while the cheapest cost ₦400,000 per year.

Lugbe
The average price of flats for rent in Lugbe, Abuja is ₦600,000 . The most expensive flat costs ₦1,100,000 per year while the cheapest cost ₦400,000 per year.

Lokogoma
The average price of flats for rent in Lokogoma District, Abuja is ₦750,000 per year. The most expensive flat costs ₦2,300,000 per year while the cheapest cost ₦280,000 per year

Kubwa
The average price of flats for rent in Kubwa, Abuja is ₦690,000 per year. The most expensive flat costs ₦1,700,000 per year while the cheapest cost ₦180,000 per year.

Kaura
The average price of flats for rent in Kaura, Abuja is ₦1,090,000 per year. The most expensive flat costs ₦3,500,000 per year while the cheapest cost ₦350,000 per year.

Katampe
The average price of flats for rent in Katampe, Abuja is ₦2,040,000 per year. The most expensive flat costs ₦5,000,000 per year while the cheapest cost ₦350,000 per year.

Jabi
The average price of flats for rent in Jabi, Abuja is ₦1,660,000 per year. The most expensive flat costs ₦8,500,000 per year while the cheapest cost ₦300,000 per year.

Gwarinmpa
The average price of flats for rent in Gwarinpa, Abuja is ₦1,020,000 per year. The most expensive flat costs ₦6,000,000 per year while the cheapest cost ₦250,000 per year.

Garki
The average price of flats for rent in Garki, Abuja is ₦1,450,000 per year. The most expensive flat costs ₦18,000,000 per year while the cheapest cost ₦200,000 per year.

Durunmi
The average price of flats for rent in Durumi, Abuja is ₦1,330,000 per year. The most expensive flat costs ₦3,500,000 per year while the cheapest cost ₦350,000 per year.

Add yours

Need Flat-mates to stay with you In Abuja
Follow Link
https://cotenant.com.ng/rent-a-spare-bedroom-in-a-house-or-flatshare/

Thank You


Please what type of flat does "the cheapest" describe?. please give a little descriptive details. Thank you!
Re: Cost Of Rent Around Abuja|Co-tenant by pacespot: 4:24pm On Apr 13
nice info
Re: Cost Of Rent Around Abuja|Co-tenant by Rubbiish(m): 4:25pm On Apr 13
holluphemydavid:

Dutse light is very OK
Bros what part of dutse is this with light? As i believe there are also parts without light. Thanks
Re: Cost Of Rent Around Abuja|Co-tenant by trilobite: 4:28pm On Apr 13
austyne22ex:

So I should go and start my life in Adamawa bcus the rent is cheaper there... what would a young graduate by doing in Adamawa? ...Baba, turn that dodo abeg, e don dey burn

grin grin Very funny!!!

My point is that there are other states one needs to consider. I know a guy who started with a small job (wage within 100k range) in one state was able to save and build a house in his home state.
He resigned, got a job in his state and is doing well for himself.
Abuja is over hyped.

1 Like

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