Flats for Sale in Nigeria

Prices vary significantly by location. In affordable mainland areas (Surulere, Yaba, Gbagada), 2-bedroom flats sell from ₦15m–₦35m. In Lekki Phase 1 and Chevron, 2-bedroom apartments range from ₦40m–₦100m. Premium addresses in Ikoyi and Victoria Island start at ₦80m–₦150m+ for a 2-bedroom. Always confirm whether prices are off-plan or completed.

The most important document is a Certificate of Occupancy (C of O) or Governor's Consent for the land. Also verify the Deed of Assignment, floor plan, structural survey, and the building approval from the relevant state authority. Engage a solicitor to conduct a full title search.

Off-plan flats are typically 20–30% cheaper and offer payment flexibility, but carry developer completion risk. Completed flats cost more but are immediately visible and usable. For off-plan, research the developer's track record and ensure the purchase agreement has penalty clauses for delayed delivery.

Cabans screens listings for quality and encourages agents and sellers to upload documentation. Buyers should still conduct independent due diligence — particularly title verification — before making any payment.

Yes. Federal Mortgage Bank of Nigeria (FMBN) and commercial banks offer mortgage products for flat purchases. Mortgage availability depends on your employer, income documentation, and the property's title status. Getting pre-approval before viewing helps you move quickly on the right flat.

Flat owners in managed buildings pay annual service charges covering security, generator, water, cleaning, and building maintenance. These typically range from ₦200k–₦2m+ per year depending on building quality and location. Confirm the current service charge before purchasing.