Cost of Building a 1, 2 or 3-Bedroom Flat in Nigeria (2026)
A 2-storey block of four 2-bedroom flats costs about ₦135.4M in Yaba, Lagos — roughly ₦33.9M per flat. A 1-bedroom flat works out at about ₦26.5M per unit in a block of four.
Cost per flat (2-storey block of 4 flats)
| Flat type | Per flat — Yaba | Whole block — Yaba | Per flat — Lugbe (Abuja) |
|---|---|---|---|
| 1-bedroom flat | ₦26.5M | ₦105.8M | ₦26.6M |
| 2-bedroom flat | ₦33.9M | ₦135.4M | ₦34.0M |
| 3-bedroom flat | ₦41.1M | ₦164.3M | ₦41.2M |
Cost of a 2-storey vs 3-storey building
In Nigeria, a "2-storey building" usually means ground floor plus two upper floors. A block of six 3-bedroom flats (ground + 2) costs about ₦239.2M in Yaba (₦299,077/m²). Upper floors add suspended slabs, staircases and a heavier foundation.
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