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

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

5-bedroom duplex + BQ, standard finish
₦104,103,216
280 m² · ₦371,797/m² · includes fence, gate & contingency
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Building costs in Benin - Ugbowo by house type

House typeBasicStandardLuxury
3-bedroom bungalow₦40.3M₦52.3M₦86.9M
4-bedroom bungalow + BQ₦61.8M₦75.7M₦122.1M
4-bedroom duplex + BQ₦77.5M₦95.1M₦149.5M
5-bedroom duplex + BQ₦84.4M₦104.1M₦163.9M
6-bedroom duplex + BQ₦91.1M₦113.0M₦178.1M
block of 6 two-bedroom flats₦134.0M₦190.4M₦348.8M

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

ElementShareCost
Foundation7.6%₦7,931,856
Structure22.5%₦23,472,651
Finishes25.8%₦26,899,602
Services11.7%₦12,158,000
External Works21.2%₦22,089,242
Prelims & Contingency11.1%₦11,551,865
Total100%₦104,103,216

Property market in Benin - Ugbowo

New-build sale price₦360,000 / m²
Gross rental yield4.3%
Typical capital growth8% / year
DemandMedium
Average time to sell9 months
Typical land price₦100,000 / m² (≈ ₦60.0M per plot)
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Frequently asked questions

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

About ₦104.1M 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 - Ugbowo?

About ₦52.3M with standard finishing.

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

Around ₦371,797 per m² for a standard 5-bedroom duplex.

What do new houses sell for in Benin - Ugbowo?

About ₦360,000 per m², with gross rental yields around 4.3%.

Other areas in Edo

Benin - GRABuilding costs 2026

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

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