Land prices in CBN Quaters Lugbe Phase 2, FCT, Abuja
CBN Quaters Lugbe Phase 2 is a area in Abuja, Municipal Area Council LGA, FCT, Abuja, in the lower-income zone. Residential land is about ₦51,000 per m², so a typical 600 m² plot is about ₦30.6m.
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| Typical 600 m² plot | ₦30.6m | residential |
| Land: residential | ₦51,000 | per m² |
| Land: commercial | ₦81,818 | per m² |
| Land: industrial | ₦78,778 | per m² |
| Building: 2-bed flat | ₦51.4m | asking price |
| Building: 3-bed flat | ₦106m | asking price |
| Building: 4-bed house | ₦172.8m | asking price |
| Building: 5-bed house | ₦280.1m | asking price |
| Rent: 1-bed / mini flat | ₦1.4m | per year |
| Rent: 2-bed flat | ₦4m | per year |
| Rent: 3-bed flat | ₦4.9m | per year |
| Rent: 4-bed house | ₦8.2m | per year |
| Rent: shop or office | ₦28,500 | per m² per year |
Municipal Area Council LGA as a whole: ₦74,800 per m² median. Coordinates 8.99100, 7.35750.
Questions people ask
How much is a plot of land in CBN Quaters Lugbe Phase 2, FCT, Abuja?
A typical 600 m² residential plot in CBN Quaters Lugbe Phase 2, FCT, Abuja is about ₦30.6m (around ₦51,000 per m²) in asking prices as of October 2026. Commercial land is about ₦81,818 per m². Source: Buildocrat Land Value Book, updated weekly.
How much is rent for a 3-bedroom flat in CBN Quaters Lugbe Phase 2, FCT, Abuja?
About ₦4.9m a year for a 3-bedroom flat, ₦4m for a 2-bedroom flat and ₦1.4m for a 1-bedroom or mini flat (October 2026).
How much does a 4-bedroom house cost in CBN Quaters Lugbe Phase 2, FCT, Abuja?
Asking prices for a 4-bedroom house in CBN Quaters Lugbe Phase 2, FCT, Abuja are around ₦172.8m; a 3-bedroom flat around ₦106m (October 2026).