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Why Are Apartments So Costly In Ibadan? - Properties - Nairaland

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Why Are Apartments So Costly In Ibadan? by BluntTheApostle: 1:30pm On Apr 02
A cousin of mine recently started his life at the University of Ibadan. Students are not allowed on campus, so I arranged to get him an apartment close to the university, in case of any new developments.

Last month, just after the school resumed officially, I transferred 200k to him to get a nice self-contain apartment with borehole water.

You won't believe that I had to add some more money to the 200k before this boy got a decent place.

From the experience we have had, basic rent is not the issue, but total packages.

When the man I entrusted my cousin to could not land a nice place with the initial 200k, I had to drive down to Ibadan to see for myself.

I am a graduate of the University of Ibadan, and I can't remember houses being so expensive when I lived in the ancient city. So, I strolled in like a king expecting everything to fall in place at my arrival. But I was SHOCKED.

Even houses in terrible shapes were being put out at ridiculous amount of money. There was a room so small that my TV alone will take up the whole space, and yet total package was almost 300k.

There was even one apartment where a small room was added to turn an initial one room to a room self contain apartment. The toilet is so small, you will have to stand on the water closet if you hope to use the shower. And yet the agent wanted 250k.

Haba! I can't understand it. What is happening in Ibadan? Or is it everywhere?

Even during my time in Abuja, rents and total packages were not so far apart.
Re: Why Are Apartments So Costly In Ibadan? by anthonyuncle(m): 2:09pm On Apr 02
na yahoo boys cause am

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Re: Why Are Apartments So Costly In Ibadan? by BRATISLAVA: 8:55am On Apr 15
What if he was lying to you?

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Re: Why Are Apartments So Costly In Ibadan? by lilvicky68(m): 9:59am On Apr 15
BRATISLAVA:
What if he was lying to you?
I thought as much.. I heard cost of living is cheap there..

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Re: Why Are Apartments So Costly In Ibadan? by Elxandre(m): 10:08am On May 06
lilvicky68:

I thought as much.. I heard cost of living is cheap there..
It is not cheap at all, but I think the total package is a bit exaggerate.
200k should get a self contain, agent fees included.

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