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Cost of building a house in Benin - GRA, Edo (2026)

Construction costs for Benin - GRA using current material prices (cement ₦12,800/bag, iron rods ₦800,000/tonne) and local labour rates.

5-bedroom duplex + BQ, standard finish
₦105,590,666
280 m² · ₦377,110/m² · includes fence, gate & contingency
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Building costs in Benin - GRA by house type

House typeBasicStandardLuxury
3-bedroom bungalow₦40.9M₦53.0M₦88.0M
4-bedroom bungalow + BQ₦62.8M₦76.8M₦123.7M
4-bedroom duplex + BQ₦78.7M₦96.5M₦151.5M
5-bedroom duplex + BQ₦85.7M₦105.6M₦166.0M
6-bedroom duplex + BQ₦92.5M₦114.6M₦180.5M
block of 6 two-bedroom flats₦136.0M₦193.0M₦353.1M

Where the money goes (5-bedroom duplex + BQ)

ElementShareCost
Foundation7.6%₦8,049,696
Structure22.6%₦23,828,159
Finishes25.8%₦27,283,631
Services11.7%₦12,323,260
External Works21.2%₦22,403,835
Prelims & Contingency11.1%₦11,702,085
Total100%₦105,590,666

Property market in Benin - GRA

New-build sale price₦620,000 / m²
Gross rental yield5.6%
Typical capital growth9% / year
DemandMedium
Average time to sell8 months
Typical land price (estimate)₦120,000 / m² (≈ ₦72.0M per plot)
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Frequently asked questions

How much does it cost to build a 5-bedroom duplex in Benin - GRA?

About ₦105.6M for a standard-finish 5-bedroom duplex with BQ (280 m²), including fence, gate and contingency.

How much does a 3-bedroom bungalow cost to build in Benin - GRA?

About ₦53.0M with standard finishing.

What is the building cost per square metre in Benin - GRA?

Around ₦377,110 per m² for a standard 5-bedroom duplex.

What do new houses sell for in Benin - GRA?

About ₦620,000 per m², with gross rental yields around 5.6%.

Other areas in Edo

Benin - UgbowoBuilding costs 2026

Read more: cost of building a house in Edo · 5-bedroom duplex costs across Nigeria

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