Best Land for Block of Flats Investment in Abuja 2026
Building a block of flats in Abuja is one of the most profitable real estate investments. With rental demand at an all-time high, investors can achieve 20-30% annual returns on well-located apartment buildings.
This guide shows you the best land options for building 1, 2, and 3-bedroom apartment blocks in Abuja.
Why Build Block of Flats in Abuja?
- High Rental Demand – Government workers, diplomats, and professionals need housing
- Consistent Income – Monthly rental payments provide steady cash flow
- Capital Appreciation – Property values increase 15-20% annually
- Diaspora Investment – Manage remotely while earning in Naira
Best Land for Apartment Development
Mshel Pent Haven Estate, Lugbe
This eco-smart estate is perfect for medium-density apartment development:
Hutu Estate Commercial Plots
Premium commercial plots near the airport:
- 450sqm – ₦27.99M (1BR Apartments)
- 750sqm – ₦46.65M (2BR Apartments)
- 1000sqm – ₦62.20M (3BR Apartments)
Idu Industrial Zone
For budget-conscious investors, Idu offers commercial land at lower prices:
Recommended Plot Sizes
| Building Type | Minimum Size | Units |
|---|---|---|
| 1-Bedroom Block | 450sqm | 6-8 units |
| 2-Bedroom Block | 750sqm | 4-6 units |
| 3-Bedroom Block | 1000sqm | 4-6 units |
| Mixed Development | 1500sqm+ | 10+ units |
ROI Calculation Example
1000sqm Plot in Lugbe:
- Land Cost: ₦32M
- Construction (6 units): ₦60M
- Total Investment: ₦92M
- Monthly Rent (6 x ₦150K): ₦900K
- Annual Return: ₦10.8M (11.7% ROI)
A
About the Author
The editorial team at LandForSaleInAbuja.ng is dedicated to providing accurate, up-to-date information on the FCT real estate market. We help you navigate property verification and investment with confidence.
Contact Us