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Can ₦2M Finish The Construction Of A 2-Bedroom Flat? - Properties (2) - Nairaland

Nairaland Forum / Nairaland / General / Properties / Can ₦2M Finish The Construction Of A 2-Bedroom Flat? (22967 Views)

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Re: Can ₦2M Finish The Construction Of A 2-Bedroom Flat? by 2times2(m): 3:11pm On Jan 30
No...
The best 2M can get you to, is up to overhead coast just past linter.
Re: Can ₦2M Finish The Construction Of A 2-Bedroom Flat? by Strokes: 3:11pm On Jan 30
I'm on a 2 bedroom flat up and down and as at yesterday, I had spent 19m and I haven't finished it yet. Still have almost 5m estimate to finish up

2 Likes

Re: Can ₦2M Finish The Construction Of A 2-Bedroom Flat? by Basicend: 3:12pm On Jan 30
Lol!

With dollar at N1,420 ?

Well, Hmm.
Re: Can ₦2M Finish The Construction Of A 2-Bedroom Flat? by Kellie069(m): 3:12pm On Jan 30
Cement is 6500 naira this morning !! Jsyk
Re: Can ₦2M Finish The Construction Of A 2-Bedroom Flat? by HitRun(m): 3:12pm On Jan 30
Haha. Nope
Re: Can ₦2M Finish The Construction Of A 2-Bedroom Flat? by vbest(m): 3:12pm On Jan 30
I don't think so
Re: Can ₦2M Finish The Construction Of A 2-Bedroom Flat? by Talkisneeded: 3:12pm On Jan 30
No
Re: Can ₦2M Finish The Construction Of A 2-Bedroom Flat? by Dosoq(f): 3:13pm On Jan 30
No,Sincerely #2m won't build a 2b/r apartment in the Nigeria of today,no matter the location. As long you're going to use cement(#5400-#5500) per bag,blocks is #450-#470 per block,sand 20 tonnes 110k,10 tonnes is 80k.

Except you will not use blocks and cement.

Roofing also isn't a joke,
Godo go help us all.
Re: Can ₦2M Finish The Construction Of A 2-Bedroom Flat? by Geovanni412(m): 3:13pm On Jan 30
FFIA:

Only 100 bags of cement na like 400k

Maybe na mud house op wan do with two bedroom house.
Re: Can ₦2M Finish The Construction Of A 2-Bedroom Flat? by yusman493(m): 3:13pm On Jan 30
U need up to 4M.. Because 4k block will do it and cement is now 5,600 per bags an du will be needing up to 40bags plus iron for the edges..

1 Like

Re: Can ₦2M Finish The Construction Of A 2-Bedroom Flat? by elujah1(m): 3:14pm On Jan 30
Thatched house yes
Re: Can ₦2M Finish The Construction Of A 2-Bedroom Flat? by Tpave(m): 3:14pm On Jan 30
550k depending on location
FFIA:

Only 100 bags of cement na like 400k

2 Likes

Re: Can ₦2M Finish The Construction Of A 2-Bedroom Flat? by elujah1(m): 3:14pm On Jan 30
yusman493:
U need up to 4M.. Because 4k block will do it and cement is now 5,600 per bags an du will be needing up to 40bags plus iron for the edges..
4M not enough, roofing alone now is something else, soakaway, plastering, plumbing, electrical etc. It can't

1 Like

Re: Can ₦2M Finish The Construction Of A 2-Bedroom Flat? by Henix(m): 3:17pm On Jan 30
In this Tinubu's economy? The answer is no
Re: Can ₦2M Finish The Construction Of A 2-Bedroom Flat? by Henix(m): 3:18pm On Jan 30
Tpave:
550k depending on location

True
Re: Can ₦2M Finish The Construction Of A 2-Bedroom Flat? by lesson44: 3:19pm On Jan 30
Septic tank will probably cost over 600 k in most locations on Nigeria today, I am not exaggerating . I hope this gives you an idea.
Re: Can ₦2M Finish The Construction Of A 2-Bedroom Flat? by DEBJOCH1(m): 3:21pm On Jan 30
N2M CAN ONLY DO FOUNDATION TO LINTEL LEVEL, DONT START WHAT YOU CAN NOT FINISH REGARDLESS THE LOCATION. LET ME REMIND THAT FOR YOU TO BUILD 2 BEDROOM, YOU WILL NEED ABOUT 2,000 - 2,200 BLOCKS. ONE 9 INCH BLOCK GOES FOR N450, N450 X 2,200 =N990,000, LETS ASSUME YOU WILL NEED ABOUT 70 BAGS OF CEMENT, CURRENTLY A BAG OF CEMENT GOES FOR N5,500 TO N5,700. AND YOU WILL NEED ABOUT 60 BAGS. N5,500 X 60 = N330,000.

SAND IS NOT THERE, A TRIP OF SAND GOES FOR N50,000, YOU WILL NEED UP TO 3 TRIPS, SAND FILLING BIG LOAD GOES FOR N55,000, TO SAND FILL THE TWO BEDROOM, YOU WILL NEED AT LEAST 6 OF THAT.

IRON IS NOT THERE, LABOUR IS NOT THERE, TO ROOF ALONE ON A MANAGEABLE LEVEL YOU NEED TO KEEP AT LEAST N1,200,000 FOR THAT, THATS MINUS CEILING OOOOO.

THAT N2,000,000 CAN ONLY GIVE YOU A STARTING AND NEVER A FINISHING, IT'S ALWAYS GOOD TO START. I AM NOT SAYING THIS TO DISCOURAGE YOU.

6 Likes 1 Share

Re: Can ₦2M Finish The Construction Of A 2-Bedroom Flat? by Lovit(m): 3:23pm On Jan 30
for where? that's just $1,350.

maybe one built with wood and zinc roofing sheet
Re: Can ₦2M Finish The Construction Of A 2-Bedroom Flat? by bet9ja(m): 3:24pm On Jan 30
I am currently contructing a 3 bedroom duplex, The master bedroom at the top is yet to be errected and the project has consumed 114 bags of cement already @rate of N5500 per bag with logistics = 632500. 9inc Blocks (Made with stone dust) at 435 X 1800 = 783000, Sharp sand and filling sand and granite has consumed like 800k + ... Workmanship and Omonile is not included ooo.... Half tons of iron --- 205000, another 17 pieces @ 5600 per 1.

I cannot even calculate again.


2million cannot complete it. But it will surely have hug impact.

2 Likes

Re: Can ₦2M Finish The Construction Of A 2-Bedroom Flat? by tymicjay77: 3:24pm On Jan 30
A good soak away system in the house will gulp 25% of the money ...... Just imagine what will be left

1 Like

Re: Can ₦2M Finish The Construction Of A 2-Bedroom Flat? by yemmight(m): 3:24pm On Jan 30
Roseodd:
Please can 2million naira finish 2 bedroom flat upto roofing level.
I will need urgent reply please.

I am currently constructing 2-bed room but I started with raft and pilling because of the water level. I have finished the foundation and I must tell you that I have spent 1.5m.

Truth be told, 2m cannot. In my area cement is 6k. Don't let me start calculating. shocked
Re: Can ₦2M Finish The Construction Of A 2-Bedroom Flat? by cletz991(m): 3:26pm On Jan 30
De play?
ceasare:
What's d location? Do u have a plan for it?
Re: Can ₦2M Finish The Construction Of A 2-Bedroom Flat? by Princedapace(m): 3:30pm On Jan 30
Charisdesigns:
The Answer you seek lies in two places
1) the floor plan
2)the nature of your land (sloppy or flat)

However for a basic 2bedrooms bungalow to finish, keep atleast 4m.

Attach is a 2 bedrooms designed by us with flat roof and construction cost is way above the 2m threshold

Pics 1 design
Pics 2 build






It will also interest you to see how the nature of you land affects construction cost. check out our live construction thread of bungalow flats on a very sloppy land.

https://www.nairaland.com/7538221/construction-process-bungalow-apartments



How much fit build this?
Re: Can ₦2M Finish The Construction Of A 2-Bedroom Flat? by muyico(m): 3:31pm On Jan 30
if is Ibadan here is enough u will look for local moulder to mould d block for U
Re: Can ₦2M Finish The Construction Of A 2-Bedroom Flat? by sacajawea: 3:31pm On Jan 30
Yes. made from Mud
Re: Can ₦2M Finish The Construction Of A 2-Bedroom Flat? by elijahkayode(m): 3:33pm On Jan 30
Roseodd:
Please can 2million naira finish 2 bedroom flat upto roofing level.
I will need urgent reply please.


Nigerian are in slavery times now
Even with 5 million naira I don't think you can reach roofing level cause everyone that will work on that house will surely bill u like say tomorrow dey

Even seun no dey update Nairaland software again😂😂

Even foolish hamas terror refugee have better quality of life than Nigerians

Add urs
Nigerian are slave na
Even
only collective efforts can save our future
things are bad 😭😭😭

1 Like

Re: Can ₦2M Finish The Construction Of A 2-Bedroom Flat? by Efewestern: 3:34pm On Jan 30
That should be for foundation. If you are from riverine states like Delta, that money won't do sand filling.

House building cost o 😂

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Re: Can ₦2M Finish The Construction Of A 2-Bedroom Flat? by TheGiftedOne(m): 3:34pm On Jan 30
Yes! The foundation alone. 😪
Re: Can ₦2M Finish The Construction Of A 2-Bedroom Flat? by MasterTeeUSA: 3:36pm On Jan 30
Yes he can if

1. The 2 bedroom flat is small and reasonable
2. The person is a bricklayer and will do his own work including labor

If he can fill his own foundation and expenses will include blocks and cements without pillars...sure. The pillars he can add it to the stuff later...the key here is...it has to be a small 2br flat

Estimate -

1500 blocks @ N500 = N750,000
Cement - 100 bags for Blocks and 50 bags for foundation = 150 bags @ N5,000 = N750,000
Iron Rods for Foundation Pillars = N250,000 - N300,000
Welder = N100,000
Carpenter = N100,000

It wont include lintel pillars or side pillars...but it can be done...now if you have to pay bricklayer...you will need to consider 1 bedroom flat and another N200k for Bricklayer then supervise everything yourself from beginning to end...and the area must be low cost area for these labor prices to work.

1 Like

Re: Can ₦2M Finish The Construction Of A 2-Bedroom Flat? by SSpeter(m): 3:37pm On Jan 30
FFIA:

Only 100 bags of cement na like 400k
100 bags of cement as at early this month was 570,000. 5700 per bag. Today it is around 6400per bag that is about 640,000
Re: Can ₦2M Finish The Construction Of A 2-Bedroom Flat? by jimmyvic(m): 3:38pm On Jan 30
Na wetin he ask you be that?
Xwizard:
Laughing


Your 2m can only get you these below

5 bags of rice
10 bags of beans @90k each
2years rent

And many more

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