Rental Yields in Nigeria compared to Africa
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| Ghana |
8.81%
|
| Tanzania |
8.57%
|
| Madagascar |
7.38%
|
| Kenya |
6.66%
|
| Gambia |
5.94%
|
| South Africa |
3.88%
|
Nigeria: Gross rental yields (%).
The gross annual rental income, expressed as a percentage of property purchase price. This is what a landlord can expect as return on his investment before taxes, maintenance fees and other costs.
The properties are 120-sq. m. apartments located in premier city centres. (See our list of premier cities)
The gross rental returns (or rental yields) figures published by the Global Property Guide are based on the Global Property Guides own proprietary in-house research.
Only resale apartments and houses are researched. Yields for newly-built properties are not included.
Buyers should expect the rental yields of new properties to be lower than the gross rental yields published by the Global Property Guide.
Properties will be in excellent condition, with good facilities, and have been refurbished or redecorated within the last five years.
When was this data collected? Click on individual countries to see the data collection date.
Source: Global Property Guide Research
Nigeria does not publish house price statistics. General economics statistics are from the Central Bank of Nigeria.
