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Cost of building a house in Eleme, Rivers (2026)
Construction costs for Eleme using current material prices (cement ₦12,800/bag, iron rods ₦800,000/tonne) and local labour rates.
5-bedroom duplex + BQ, standard finish
₦109,868,849
280 m² · ₦392,389/m² · includes fence, gate & contingency
Get your exact estimate →Building costs in Eleme by house type
| House type | Basic | Standard | Luxury |
|---|---|---|---|
| 3-bedroom bungalow | ₦42.5M | ₦55.1M | ₦91.6M |
| 4-bedroom bungalow + BQ | ₦65.3M | ₦79.9M | ₦128.7M |
| 4-bedroom duplex + BQ | ₦81.9M | ₦100.4M | ₦157.6M |
| 5-bedroom duplex + BQ | ₦89.1M | ₦109.9M | ₦172.8M |
| 6-bedroom duplex + BQ | ₦96.2M | ₦119.2M | ₦187.8M |
| block of 6 two-bedroom flats | ₦141.5M | ₦200.8M | ₦367.5M |
Where the money goes (5-bedroom duplex + BQ)
| Element | Share | Cost |
|---|---|---|
| Foundation | 7.6% | ₦8,360,550 |
| Structure | 22.5% | ₦24,746,935 |
| Finishes | 25.8% | ₦28,340,443 |
| Services | 11.7% | ₦12,802,300 |
| External Works | 21.2% | ₦23,293,548 |
| Prelims & Contingency | 11.2% | ₦12,325,073 |
| Total | 100% | ₦109,868,849 |
Property market in Eleme
| New-build sale price | ₦430,000 / m² |
| Gross rental yield | 4.5% |
| Typical capital growth | 8% / year |
| Demand | Medium |
| Average time to sell | 9 months |
| Typical land price (estimate) | ₦25,000 / m² (≈ ₦15.0M per plot) |
Developing in Eleme?
Model your estate — land purchase or JV with the landowner — with profit, IRR and a bank-ready report.
Open the Developer Suite →Frequently asked questions
How much does it cost to build a 5-bedroom duplex in Eleme?
About ₦109.9M 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 Eleme?
About ₦55.1M with standard finishing.
What is the building cost per square metre in Eleme?
Around ₦392,389 per m² for a standard 5-bedroom duplex.
What do new houses sell for in Eleme?
About ₦430,000 per m², with gross rental yields around 4.5%.
Other areas in Rivers
Read more: cost of building a house in Rivers · 5-bedroom duplex costs across Nigeria
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