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Average Building Cost Of A 3-bedroom Flat In Ibadan - Investment - Nairaland

Nairaland ForumNairaland GeneralInvestmentAverage Building Cost Of A 3-bedroom Flat In Ibadan (556 Views)

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Average Building Cost Of A 3-bedroom Flat In Ibadan by de3lar(op): 9:16pm On Jul 09, 2021
Hi everyone, I'm interested in building a three bedroom flat in Ibadan.

With the current hike in everything in Nigeria, like how much should I have in mind to cover the building cost from scratch, that includes Purchase of land, acquisition of the necessary documents and the building cost itself.

I'm looking at a range of 5-6million Naira.

Please experts are needed to give their view.

Thanks all.
Re: Average Building Cost Of A 3-bedroom Flat In Ibadan by colintin(m): 9:45pm On Jul 09, 2021
That's achievable when you use interlock red bricks

Re: Average Building Cost Of A 3-bedroom Flat In Ibadan by de3lar(op): 10:06pm On Jul 09, 2021
colintin:
That's achievable when you use interlock red bricks
What's the difference between the red brick and the normal cement blocks?
Re: Average Building Cost Of A 3-bedroom Flat In Ibadan by colintin(m): 3:20pm On Jul 10, 2021
The red bricks is stronger, cheaper, cost effective and more appealing compared to blocks as it requires little or no plastering. A regular brick cost #120 while an interlock brick which requires nomortar for joining is #150.
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