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Designs of Four Storey buildings that cost 5-7M Naira to build in Nigeria(photos)

Samythewriter 1d

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Building a house isn’t as difficult as it seems these days because once you have the right building plan to use and you understand the cost and you try to manage it, it wouldn’t cost as much as it seems. Historically low interest rates, easier-to-access credit and more properties about to hit the market mean 2020 is shaping to be a bumper year for property buyers. The holiday period offers buyers the perfect time to prepare for the year ahead View pictures in App save up to 80% data. View pictures in App save up to 80% data.

If you buy an existing home: According to the latest figures, the median cost of buying an existing single-family house is $223,000. ... For one, new construction is usually more spacious, with a median size of 2,467 square feet—so the cost to build per square foot, $103, is actually lower than that of existing homes.

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How Much Money Should I Save Before Building a House? You'll have to save the necessary funds to build a new house, as the median cost per square foot is $150. You can pay cash or take out a loan, which typically requires a down payment of 20 percent. Build in a cushion since cost overruns are common.

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When a man build his house, he is very happy because he can finally call that place his house or home. These days it is better to be your own landlord over you and your family than to have a landlord who treats you as his tenant wrongly. In this article I'll be showing you 16 beautiful four storey building designs that you can build below 7 million naira. You will agree that these designs are cheap for the price of 5-7m. Even though the upfront costs of building can be higher, it may be easier to recoup your investment. "You can have more significant profits with the resale of your new home. ... Money and features aside, building a house can lead to a level of satisfaction that you can't achieve through buying an existing home.


See photos below

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Source: opera.com
The views expressed in this article are the writer's, they do not reflect the views of Opera News. Read more>>
Top Comments
CeeFunds · 06/26/2020
Na this kind yeye motivation make hushpuppy land himself for wahala... If you no get news keep quiet
AsuaamaMark · 06/26/2020
which part of the country? coz even in my village that amount wouldn't put up this structure.
+234-0802541**** · 06/27/2020
You are a thief for mentioning 5m
Vincent_Ryan · 07/11/2020
is it $5 million or 5million naira.. and if it in naira that means something is really wrong with your head.

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