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What will this home really cost you?
The rent is never the whole figure. Add the fees, the service charge and everything you have to spend before the place is liveable, and see the number you actually need.
True move-in cost calculator
Enter the rent you were quoted. Adjust anything that differs in your case — fees vary by area, agent and building.
- Annual rentThe figure the agent quotes you₦1,500,000
- Agency fee10% of rent, paid to the agent₦150,000
- Agreement / legal fee10% of rent, for preparing the tenancy agreement₦150,000
- Caution deposit10% of rent, refundable if condition at entry was recorded₦150,000
- Service chargeSecurity, waste, pumps, common areas₦300,000
- Painting and small repairsWhat you fix before moving in₦150,000
- MovingTruck, loaders and any estate fee₦80,000
- Internet installationFibre or fixed wireless setup₦100,000
What you actually need before you get the keys
₦2,580,000
That is about 1.72× the quoted rent. Ask for every figure in writing before you pay anything.
Indicative only. Figures depend on the property, the agent and the estate.
Money is only half the risk
A home can be affordable and still be a bad home. Check the water, power, drainage and damp while you are on site, and keep the record to negotiate with.
Before you pay, CribCheck it.