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Cost of building a 5-bedroom duplex + BQ in Magodo (2026)

Estimated for Magodo, Lagos (280 m² floor area) using current material prices and local labour rates.

Standard finish
₦109,183,566
Basic ₦89.1M · Luxury ₦170.5M · ₦389,941/m² · without BQ ₦92.1M
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Cost breakdown

ElementShareCost
Foundation7.7%₦8,365,076
Structure22.7%₦24,803,057
Finishes25.9%₦28,257,570
Services11.6%₦12,712,520
External Works21.2%₦23,177,768
Prelims & Contingency10.9%₦11,867,575
Total100%₦109,183,566

Materials you'll need

MaterialApprox. quantityCost at today's prices
Cement (50kg bags)1,059 bags₦13,557,760
Sandcrete blocks (6" & 9")8,671 blocks₦7,803,531
Iron rods5.5 tonnes₦4,400,000
Sharp sand198 tonnes₦2,569,060
Granite128 tonnes₦2,557,000

Construction timeline (9 months)

PhaseMonthsCost
Site preparation1–1₦1.7M
Foundation1–2₦8.4M
Structure2–5₦19.9M
Roofing5–6₦4.9M
Services 1st fix5–6₦5.7M
Plastering & screeding6–7₦5.7M
Interior finishes7–9₦22.6M
Services 2nd fix8–9₦7.0M
External works8–9₦23.2M
Snagging & handover9–9₦10.2M
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Compare with nearby areas

Lekki₦113.4M standardIkoyi₦118.7M standardVictoria Island₦118.9M standardAjah₦110.0M standardIbeju-Lekki₦108.0M standardEpe₦105.2M standard

Frequently asked questions

How much does it cost to build a 5-bedroom duplex + BQ in Magodo?

About ₦109.2M with standard finishing, ₦89.1M basic and ₦170.5M luxury (2026 prices).

How long does it take to build a 5-bedroom duplex?

About 9 months with steady funding.

How many bags of cement does a 5-bedroom duplex need?

Roughly 1,059 bags of 50kg cement.

Read more: 5-bedroom duplex costs across Nigeria · 12 ways to reduce building cost

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