Abuja has witnessed a huge population growth over the years. This huge population coupled with the high demand for property by high income earners has increased the price of property over the years. This has pushed the price of many real estate properties beyond the reach of the middle and low income earning potential property buyers. However, despite this increase, there are still some districts in Abuja where houses are still relatively affordable.
Lugbe District
Lugbe district is a mainly residential district with good infrastructural facilities. It is a 15-minute drive away from the Central Business District and a 10-minute drive away from the prestigious Garki District.
It hosts a lot of residential estates, has a low-cost of living and is a serene environment for raising a family. In this district, N10 million can buy you a 2 bedroom bungalow.
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Dei Dei District
Dei-Dei is a highly residential district located in the Bwari Area Council of Abuja. It is located in close proximity to the popular Kubwa district and is a 30-minute drive away from the city centre. It is a developing district and has a low cost of living with relatively affordable properties some of the adjoining districts.
Here, a 2 bedroom fully detached bungalow can go for as low as N9.325 million (or lower) depending on the bargaining power of the buyer and the seller’s motivation.
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Nyanya District
Nyanya district is a 15-minute drive away from the city centre and is located close to Karu district. Despite the high population and high demand for property in this area, property prices have managed to remain affordable in some parts. These affordable properties can be mainly found in newly constructed residential estates. A 2 bedroom bungalow can go for as low as N8 million in this area.
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Kurudu District
Kurudu is located in the Abuja Municipal Area Council (AMAC) and it features various residential estates. It is a 30-minute drive away from the city centre and it is a highly conducive environment for raising a family.
A newly-built 2-bedroom bungalow can go for as low as N8 million in this area.
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Bwari District
Bwari district is located in the Bwari Area Council and it is a 15-minute drive away from the city centre. In this district, a 3 bedroom bungalow can go for as low as N8.5 million.
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Source: Private Property News
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