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Price/Rent Ratio - Rent Years to Buy 120 Sq.M. Property - Nigeria Compared to Continent

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Gambia 17 yrs
Madagascar 14 yrs
Tanzania 12 yrs

 

 

Nigeria: Price/rent ratio

This ratio is typically used for measuring undervaluation/overvaluation of real estate prices, calculated by dividing the gross rental yield by 100 – so the higher the yield, the lower the price/rent ratio.

When wereas theise data collected? Click on individual countries to see the data collection date.

 

Nigeria does not publish house price statistics. General economics statistics are from the Central Bank of Nigeria.




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