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Idea Of The Costs Of Rents And Landed Properties In Calabar - Properties - Nairaland

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Idea Of The Costs Of Rents And Landed Properties In Calabar by cesil92: 3:20pm On Apr 10, 2012
Generally, it is often considered that houses are very expensive in Calabar, no doubt it is true. The cost depends on the locality. For example, properties in Calabar Municipality LGA are more expensive than in Calabar South LGA.

The trend here is that majority of the landlords/landladies collect rent of a maximum of 2years rent upfront or a minimum of 1 and half years upfront.

CALABAR MUNICIPALITY L.G.A;

Self Contain:- Usually goes for 150,000 naira a year
1 Bedroom Flat:- 200,000 naira - 250,000 naira a year
2 Bedroom Flat:- 250,000 naira - 300,000 naira a year
3 Bedroom Flat:- 300,000 naira - 350,000 naira a year. [NOTE:- This could go as up to 400,000 naira and 500,000 naira a year depending on the facilities such as multiple toilets/bathrooms, functional water heaters etc and the location]
Duplexes goes for 900,000 - 1.5 million naira a year.

Usually the price depends on the location, facilities and age of building.


CALABAR SOUTH L.G.A;

Self Contain goes for 80,000 naira a year - 150,000 naira a year depending on the location, facilities and age of the building.
1 Bedroom Flat:- 150,000 naira - 200,000 naira a year
2 Bedroom Flat:- 200,000 naira, 250,000 naira and 300,000 naira a year.
3 Bedroom Flat:- 250,000 naira - 300,000 naira a year

Many people usually considers the location, facilities and age of building before renting.

Plots of Land in Calabar South are often considered a bit cheap. You can get a plot for about 650,000 naira and above depending on the location. While in Calabar Municipality it's on the high side.

If in need of properties to buy, kindly call Edidiong on 0803-930-1995
Re: Idea Of The Costs Of Rents And Landed Properties In Calabar by lat55(f): 3:08am On Nov 30, 2013
hi, what is the best price for a 2 bedroom rental in Calabar?

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