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Can I Complete A 10 Bedroom Self Contained With 7.5 Million? - Investment (2) - Nairaland

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Re: Can I Complete A 10 Bedroom Self Contained With 7.5 Million? by truvine(m): 4:49pm On Feb 08, 2018
It's possible dear
Don't let anything pull you back

Re: Can I Complete A 10 Bedroom Self Contained With 7.5 Million? by Julivas(m): 10:05pm On Feb 08, 2018
truvine:
It's possible
I built a 12 room self contain around a school in 2016 and didn't spend up to that amount.( 6.8m, land purchase and survey fee inclusive)
So your 7.5m should do taking into consideration land money is already out of it.

I also took time to record each and everything bought and paid for, from the land purchase to the very last thing done.


Wow...
Can you please share the floor plan
Re: Can I Complete A 10 Bedroom Self Contained With 7.5 Million? by truvine(m): 6:17am On Feb 09, 2018
Julivas:


Wow...
Can you please share the floor plan
Re: Can I Complete A 10 Bedroom Self Contained With 7.5 Million? by truvine(m): 6:22am On Feb 09, 2018
Julivas:


Wow...
Can you please share the floor plan

My friend did the drawing for me. Didn't send me the technical one in images, only sent me this HD part.

The other ones are in hardcopy and I laminated it for the bricklayer to follow through.

Re: Can I Complete A 10 Bedroom Self Contained With 7.5 Million? by Julivas(m): 3:14pm On Feb 09, 2018
truvine:


My friend did the drawing for me. Didn't send me the technical one in images, only sent me this HD part.

The other ones are in hardcopy and I laminated it for the bricklayer to follow through.
You have done well sir.
Thanks

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Re: Can I Complete A 10 Bedroom Self Contained With 7.5 Million? by Prosperousman(m): 1:35am On Feb 16, 2018
good day gents
I just completed self contained two rooms with the sum of N1.2M. building materials are freaking expensive. generally cost of building varies depending on the location, contractor, size of building, soil type, topography etc.

Location: some materials are cheaper to get depending on the location such as sand, concrete, timber etc.

contractor: a bad contractor can increase the cost of your project up to 30%.

size building: construction of big and large building saves cost a bit because most materials are bought at discount directly from the company such as cement(with free delivery)

soil type: if the soil is swampy, more money is spent on the foundation.

topography: more money is spelt to construct on sloppy land.

taste of architecture: the more beautiful the house, the more expensive the construction.

it always important to consult an architect and quantity surveyor before embarking on your building project .

regards
Re: Can I Complete A 10 Bedroom Self Contained With 7.5 Million? by sonety2k(m): 3:32am On Jun 15, 2019
truvine:


My friend did the drawing for me. Didn't send me the technical one in images, only sent me this HD part.

The other ones are in hardcopy and I laminated it for the bricklayer to follow through.

Nice Design

1 Like

Re: Can I Complete A 10 Bedroom Self Contained With 7.5 Million? by truvine(m): 8:16am On Apr 25, 2021
Chichi12345:
Hello guys,
I need your honest advice/contribution.
I purchased a land close to my school in the south for a few years now and would love to develop it.
Building a student hostel is my preference. But I live abroad and have a job. I really do not have anyone to help me through it.
I have decided to take one full month leave from work and get things done. But i need some advice from engineers in the house.
At what level do you think 7.5 million can go should i start the project.
Ideal i would prefer a 10-12 self contain bungalow.
If possible, would it be alright to finish at least 6 part of self contain and rent it out thereby using the money to complete others.
This is a new year and money in the bank is paining me. I need to start making good use of money than storing it in the bank.
I am a lady in her 20's.

Please matured advice only.
Thank you.
Hi.
Did you eventually build the property ?

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