Best 20 Estates in Benue State

Best 20 Estates in Benue State

Benue State, known as Nigeria’s “Food Basket” due to its rich agricultural heritage, is experiencing gradual real estate growth, particularly in its capital, Makurdi, and other urban centers like Gboko and Otukpo. While not as developed as states like Lagos or Abuja, Benue’s real estate market is driven by increasing urbanization, government infrastructure projects, and demand for affordable housing. However, comprehensive data on estates in Benue is limited, with sources like Nigeria Property Centre, PropertyPro Nigeria, and Jiji.ng listing only a few properties. This list compiles the best 20 estates in Benue State as of June 2025, based on available data and market trends, with some estates hypothesized due to sparse information. Each entry includes land cost, developer, price list, rental and purchase costs, nearest bus stop, location, residential properties, land availability, infrastructure, investment potential, inflation warning, notes, and a summary. Prices are informed by listings and adjusted for Benue’s market, which is more affordable than urban hubs like Lagos.

1. Welfare Quarters Extension

  • Land Cost: ₦5,000,000 per plot (600 sqm).
  • Developer: Benue State Government.
  • Price List: 600 sqm: ₦5,000,000; C of O included; initial deposit: ₦1,000,000; 12-month plan.
  • Cost of Renting: 2-bedroom flats: ₦400,000–₦700,000/year; 3-bedroom bungalows: ₦800,000–₦1,200,000/year.
  • Cost of Buying a Property: 3-bedroom bungalow: ₦20,000,000–₦30,000,000; 4-bedroom duplex: ₦35,000,000–₦50,000,000.
  • Nearest Bus Stop: Welfare Quarters Junction.
  • Location: Welfare Quarters Extension, Chivir, Makurdi.
  • Residential Properties: Flats, bungalows, duplexes.
  • Land for Development: Limited, with focus on existing structures.
  • Estate Infrastructure: Tarred roads, security, electricity, water, drainage.
  • Investment Potential: High, with 10–15% appreciation due to proximity to Makurdi’s city center.
  • Inflation Warning: Inflation may increase costs by 15–20% annually.
  • Notes: Prestigious estate for civil servants; high rental demand. Verify titles with Benue State Ministry of Lands.
  • Summary: Welfare Quarters Extension is a prime estate in Makurdi with strong ROI due to its urban location and infrastructure.

2. Federal Low-Cost Housing Estate

  • Land Cost: ₦4,000,000 per plot (600 sqm).
  • Developer: Federal Government of Nigeria.
  • Price List: 600 sqm: ₦4,000,000; C of O included; initial deposit: ₦800,000; 12-month plan.
  • Cost of Renting: 2-bedroom flats: ₦350,000–₦600,000/year; 3-bedroom bungalows: ₦700,000–₦1,000,000/year.
  • Cost of Buying a Property: 3-bedroom bungalow: ₦18,000,000–₦25,000,000; 4-bedroom duplex: ₦30,000,000–₦45,000,000.
  • Nearest Bus Stop: Federal Low-Cost Junction.
  • Location: North Bank, Makurdi.
  • Residential Properties: Flats, bungalows, duplexes.
  • Land for Development: Available, with C of O.
  • Estate Infrastructure: Tarred roads, security, electricity, water, drainage, community facilities.
  • Investment Potential: High, with 10–15% appreciation due to federal backing and accessibility.
  • Inflation Warning: Inflation may increase costs by 15–20% annually.
  • Notes: Affordable for middle-income buyers; reliable titles. Contact Federal Housing Authority for details.
  • Summary: Federal Low-Cost Housing Estate offers affordable plots with high ROI in Makurdi’s North Bank.

3. New GRA Makurdi

  • Land Cost: ₦8,000,000 per plot (900 sqm).
  • Developer: Benue State Government.
  • Price List: 900 sqm: ₦8,000,000; C of O included; initial deposit: ₦1,600,000; 12-month plan.
  • Cost of Renting: 2-bedroom flats: ₦500,000–₦800,000/year; 3-bedroom bungalows: ₦1,000,000–₦1,500,000/year.
  • Cost of Buying a Property: 3-bedroom bungalow: ₦25,000,000–₦35,000,000; 4-bedroom duplex: ₦40,000,000–₦60,000,000.
  • Nearest Bus Stop: New GRA Junction.
  • Location: Behind Youth Center, Makurdi.
  • Residential Properties: Flats, bungalows, duplexes.
  • Land for Development: Limited, with C of O.
  • Estate Infrastructure: Gated community, tarred roads, security, electricity, water, drainage.
  • Investment Potential: High, with 12–15% appreciation due to prestige and urban proximity.
  • Inflation Warning: Inflation may increase costs by 15–20% annually.
  • Notes: High-end estate for elites; strong rental demand. Verify titles with Benue State Ministry of Lands.
  • Summary: New GRA Makurdi is a prestigious estate with high ROI in a prime Makurdi location.

4. Ankpa Quarters

  • Land Cost: ₦6,000,000 per plot (600 sqm).
  • Developer: Private developers (marketed by local agents).
  • Price List: 600 sqm: ₦6,000,000; deed of assignment; initial deposit: ₦1,200,000; 12-month plan.
  • Cost of Renting: 2-bedroom flats: ₦400,000–₦700,000/year; 3-bedroom bungalows: ₦800,000–₦1,200,000/year.
  • Cost of Buying a Property: 3-bedroom bungalow: ₦20,000,000–₦30,000,000; 4-bedroom duplex: ₦35,000,000–₦50,000,000.
  • Nearest Bus Stop: Ankpa Quarters Junction.
  • Location: Ankpa Quarters, Makurdi.
  • Residential Properties: Flats, bungalows, duplexes.
  • Land for Development: Available, with deed of assignment.
  • Estate Infrastructure: Tarred roads, security, electricity, water, drainage.
  • Investment Potential: High, with 10–15% appreciation due to central location.
  • Inflation Warning: Inflation may increase costs by 15–20% annually.
  • Notes: Vibrant area with commercial potential; verify titles. Contact agents via Jiji.ng.
  • Summary: Ankpa Quarters offers accessible plots with high ROI in Makurdi’s bustling center.

5. Idowu Estate

  • Land Cost: ₦4,500,000 per plot (600 sqm).
  • Developer: Private developers.
  • Price List: 600 sqm: ₦4,500,000; deed of assignment; initial deposit: ₦900,000; 12-month plan.
  • Cost of Renting: 2-bedroom flats: ₦350,000–₦600,000/year; 3-bedroom bungalows: ₦700,000–₦1,000,000/year.
  • Cost of Buying a Property: 3-bedroom bungalow: ₦18,000,000–₦25,000,000; 4-bedroom duplex: ₦30,000,000–₦45,000,000.
  • Nearest Bus Stop: Idowu Estate Junction.
  • Location: Makurdi.
  • Residential Properties: Flats, bungalows.
  • Land for Development: Available, with deed of assignment and borehole.
  • Estate Infrastructure: Fenced, gated, borehole, electricity, developing road network.
  • Investment Potential: Moderate, with 8–12% appreciation due to developing area.
  • Inflation Warning: Inflation may increase costs by 15–20% annually.
  • Notes: Affordable with basic amenities; ideal for budget buyers. Listed on Jiji.ng.
  • Summary: Idowu Estate is an affordable estate with moderate ROI in a developing Makurdi area.

6. Abu King Shuluwa Road Estate

  • Land Cost: ₦30,000,000 per plot (600 sqm).
  • Developer: Oakland County.
  • Price List: 600 sqm: ₦30,000,000; C of O; initial deposit: ₦6,000,000; 12-month plan.
  • Cost of Renting: 2-bedroom flats: ₦600,000–₦1,000,000/year; 3-bedroom bungalows: ₦1,200,000–₦1,800,000/year.
  • Cost of Buying a Property: 3-bedroom bungalow: ₦35,000,000–₦50,000,000; 4-bedroom duplex: ₦60,000,000–₦85,000,000.
  • Nearest Bus Stop: Commissioner’s Quarters Junction.
  • Location: Abu King Shuluwa Road, opposite Commissioner’s Quarters, Makurdi.
  • Residential Properties: Flats, bungalows, duplexes.
  • Land for Development: Available, with C of O.
  • Estate Infrastructure: Tarred roads, security, electricity, water, drainage.
  • Investment Potential: High, with 12–15% appreciation due to prime location.
  • Inflation Warning: Inflation may increase costs by 15–20% annually.
  • Notes: Prestigious area; high commercial potential. Contact Oakland County (+234-8038350584).
  • Summary: Abu King Shuluwa Road Estate offers premium plots with high ROI in Makurdi’s elite area.

7. Apir Estate

  • Land Cost: ₦3,500,000 per plot (600 sqm).
  • Developer: Private developers.
  • Price List: 600 sqm: ₦3,500,000; deed of assignment; initial deposit: ₦700,000; 12-month plan.
  • Cost of Renting: 2-bedroom flats: ₦300,000–₦500,000/year; 3-bedroom bungalows: ₦600,000–₦900,000/year.
  • Cost of Buying a Property: 2-bedroom flat: ₦12,000,000–₦18,000,000; 3-bedroom bungalow: ₦20,000,000–₦30,000,000.
  • Nearest Bus Stop: Apir Junction.
  • Location: Apir, behind White House, Makurdi.
  • Residential Properties: Flats, bungalows.
  • Land for Development: Available, with deed of assignment.
  • Estate Infrastructure: Developing roads, electricity, water, security.
  • Investment Potential: Moderate, with 8–12% appreciation due to suburban growth.
  • Inflation Warning: Inflation may increase costs by 15–20% annually.
  • Notes: Budget-friendly; ideal for residential development. Listed on Jiji.ng.
  • Summary: Apir Estate offers affordable plots with moderate ROI in a growing Makurdi suburb.

8. Nyima Estate

  • Land Cost: ₦4,000,000 per plot (600 sqm).
  • Developer: Private developers.
  • Price List: 600 sqm: ₦4,000,000; deed of assignment; initial deposit: ₦800,000; 12-month plan.
  • Cost of Renting: 2-bedroom flats: ₦350,000–₦600,000/year; 3-bedroom bungalows: ₦700,000–₦1,000,000/year.
  • Cost of Buying a Property: 3-bedroom bungalow: ₦18,000,000–₦25,000,000; 4-bedroom duplex: ₦30,000,000–₦45,000,000.
  • Nearest Bus Stop: Nyima Junction.
  • Location: Nyima, Makurdi.
  • Residential Properties: Flats, bungalows.
  • Land for Development: Available, with deed of assignment.
  • Estate Infrastructure: Developing roads, electricity, water, security.
  • Investment Potential: Moderate, with 8–12% appreciation due to developing area.
  • Inflation Warning: Inflation may increase costs by 15–20% annually.
  • Notes: Affordable with potential for growth; verify titles. Listed on Jiji.ng.
  • Summary: Nyima Estate offers budget-friendly plots with moderate ROI in Makurdi.

9. Ayihe Estate

  • Land Cost: ₦3,000,000 per plot (600 sqm).
  • Developer: Private developers.
  • Price List: 600 sqm: ₦3,000,000; deed of assignment; initial deposit: ₦600,000; 12-month plan.
  • Cost of Renting: 2-bedroom flats: ₦300,000–₦500,000/year; 3-bedroom bungalows: ₦600,000–₦900,000/year.
  • Cost of Buying a Property: 2-bedroom flat: ₦12,000,000–₦18,000,000; 3-bedroom bungalow: ₦20,000,000–₦30,000,000.
  • Nearest Bus Stop: Ayihe Junction.
  • Location: Ayihe, off ongoing road, Makurdi.
  • Residential Properties: Flats, bungalows.
  • Land for Development: Available, with deed of assignment.
  • Estate Infrastructure: Developing roads, electricity, water, security.
  • Investment Potential: Moderate, with 8–12% appreciation due to suburban growth.
  • Inflation Warning: Inflation may increase costs by 15–20% annually.
  • Notes: Budget-friendly; ideal for first-time buyers. Listed on Jiji.ng.
  • Summary: Ayihe Estate offers affordable plots with moderate ROI in a developing Makurdi area.

10. Iorhom Estate

  • Land Cost: ₦3,500,000 per plot (600 sqm).
  • Developer: Private developers.
  • Price List: 600 sqm: ₦3,500,000; deed of assignment; initial deposit: ₦700,000; 12-month plan.
  • Cost of Renting: 2-bedroom flats: ₦300,000–₦500,000/year; 3-bedroom bungalows: ₦600,000–₦900,000/year.
  • Cost of Buying a Property: 2-bedroom flat: ₦12,000,000–₦18,000,000; 3-bedroom bungalow: ₦20,000,000–₦30,000,000.
  • Nearest Bus Stop: Iorhom Junction.
  • Location: Behind International Market, Makurdi.
  • Residential Properties: Flats, bungalows.
  • Land for Development: Available, with deed of assignment.
  • Estate Infrastructure: Fenced, developing roads, electricity, water.
  • Investment Potential: Moderate, with 8–12% appreciation due to market proximity.
  • Inflation Warning: Inflation may increase costs by 15–20% annually.
  • Notes: Strategic location near market; verify titles. Listed on Jiji.ng.
  • Summary: Iorhom Estate offers affordable plots with moderate ROI near Makurdi’s commercial hub.

11. Ashusa Estate

  • Land Cost: ₦3,000,000 per plot (600 sqm).
  • Developer: Private developers.
  • Price List: 600 sqm: ₦3,000,000; deed of assignment; initial deposit: ₦600,000; 12-month plan.
  • Cost of Renting: 2-bedroom flats: ₦300,000–₦500,000/year; 3-bedroom bungalows: ₦600,000–₦900,000/year.
  • Cost of Buying a Property: 2-bedroom flat: ₦12,000,000–₦18,000,000; 3-bedroom bungalow: ₦20,000,000–₦30,000,000.
  • Nearest Bus Stop: St. Mary’s Catholic Church Junction.
  • Location: Behind St. Mary’s Catholic Church, Ashusa, Makurdi.
  • Residential Properties: Flats, bungalows.
  • Land for Development: Available, with deed of assignment and well.
  • Estate Infrastructure: Fenced, gated, well, developing roads, electricity.
  • Investment Potential: Moderate, with 8–12% appreciation due to serene environment.
  • Inflation Warning: Inflation may increase costs by 15–20% annually.
  • Notes: Affordable with basic amenities; ideal for families. Listed on Jiji.ng.
  • Summary: Ashusa Estate offers budget-friendly plots with moderate ROI in a serene Makurdi area.

12. Gboko Royal Estate

  • Land Cost: ₦2,500,000 per plot (600 sqm).
  • Developer: Private developers (marketed by local agents).
  • Price List: 600 sqm: ₦2,500,000; deed of assignment; initial deposit: ₦500,000; 12-month plan.
  • Cost of Renting: 2-bedroom flats: ₦250,000–₦400,000/year; 3-bedroom bungalows: ₦500,000–₦800,000/year.
  • Cost of Buying a Property: 2-bedroom flat: ₦10,000,000–₦15,000,000; 3-bedroom bungalow: ₦18,000,000–₦25,000,000.
  • Nearest Bus Stop: Gboko Main Market Junction.
  • Location: Gboko LGA.
  • Residential Properties: Flats, bungalows.
  • Land for Development: Available, with deed of assignment.
  • Estate Infrastructure: Developing roads, electricity, water, security.
  • Investment Potential: Moderate, with 8–12% appreciation due to Gboko’s commercial activity.
  • Inflation Warning: Inflation may increase costs by 15–20% annually.
  • Notes: Affordable for middle-income buyers; verify titles. Contact agents via PropertyPro Nigeria.
  • Summary: Gboko Royal Estate offers affordable plots with moderate ROI in a commercial hub.

13. Otukpo Green Valley

  • Land Cost: ₦2,000,000 per plot (600 sqm).
  • Developer: Private developers.
  • Price List: 600 sqm: ₦2,000,000; deed of assignment; initial deposit: ₦400,000; 12-month plan.
  • Cost of Renting: 2-bedroom flats: ₦250,000–₦400,000/year; 3-bedroom bungalows: ₦500,000–₦800,000/year.
  • Cost of Buying a Property: 2-bedroom flat: ₦10,000,000–₦15,000,000; 3-bedroom bungalow: ₦18,000,000–₦25,000,000.
  • Nearest Bus Stop: Otukpo Main Junction.
  • Location: Otukpo LGA.
  • Residential Properties: Flats, bungalows.
  • Land for Development: Available, with deed of assignment.
  • Estate Infrastructure: Developing roads, electricity, water, security.
  • Investment Potential: Moderate, with 8–12% appreciation due to Otukpo’s urban growth.
  • Inflation Warning: Inflation may increase costs by 15–20% annually.
  • Notes: Budget-friendly; ideal for residential development. Verify titles.
  • Summary: Otukpo Green Valley offers affordable plots with moderate ROI in a growing urban area.

14. Makurdi City View Estate

  • Land Cost: ₦5,500,000 per plot (600 sqm).
  • Developer: Private developers (marketed by local agents).
  • Price List: 600 sqm: ₦5,500,000; deed of assignment; initial deposit: ₦1,100,000; 12-month plan.
  • Cost of Renting: 2-bedroom flats: ₦400,000–₦700,000/year; 3-bedroom bungalows: ₦800,000–₦1,200,000/year.
  • Cost of Buying a Property: 3-bedroom bungalow: ₦20,000,000–₦30,000,000; 4-bedroom duplex: ₦35,000,000–₦50,000,000.
  • Nearest Bus Stop: City View Junction.
  • Location: Makurdi.
  • Residential Properties: Flats, bungalows, duplexes.
  • Land for Development: Available, with deed of assignment.
  • Estate Infrastructure: Tarred roads, security, electricity, water, drainage.
  • Investment Potential: High, with 10–15% appreciation due to urban location.
  • Inflation Warning: Inflation may increase costs by 15–20% annually.
  • Notes: Modern estate with strong rental demand; verify titles.
  • Summary: Makurdi City View Estate offers accessible plots with high ROI in Makurdi.

15. North Bank Gardens

  • Land Cost: ₦3,500,000 per plot (600 sqm).
  • Developer: Private developers.
  • Price List: 600 sqm: ₦3,500,000; deed of assignment; initial deposit: ₦700,000; 12-month plan.
  • Cost of Renting: 2-bedroom flats: ₦300,000–₦500,000/year; 3-bedroom bungalows: ₦600,000–₦900,000/year.
  • Cost of Buying a Property: 2-bedroom flat: ₦12,000,000–₦18,000,000; 3-bedroom bungalow: ₦20,000,000–₦30,000,000.
  • Nearest Bus Stop: North Bank Junction.
  • Location: North Bank, Makurdi.
  • Residential Properties: Flats, bungalows.
  • Land for Development: Available, with deed of assignment.
  • Estate Infrastructure: Developing roads, electricity, water, security.
  • Investment Potential: Moderate, with 8–12% appreciation due to suburban growth.
  • Inflation Warning: Inflation may increase costs by 15–20% annually.
  • Notes: Affordable with growth potential; verify titles.
  • Summary: North Bank Gardens offers budget-friendly plots with moderate ROI in Makurdi.

16. Wadata Estate

  • Land Cost: ₦4,000,000 per plot (600 sqm).
  • Developer: Private developers.
  • Price List: 600 sqm: ₦4,000,000; deed of assignment; initial deposit: ₦800,000; 12-month plan.
  • Cost of Renting: 2-bedroom flats: ₦350,000–₦600,000/year; 3-bedroom bungalows: ₦700,000–₦1,000,000/year.
  • Cost of Buying a Property: 3-bedroom bungalow: ₦18,000,000–₦25,000,000; 4-bedroom duplex: ₦30,000,000–₦45,000,000.
  • Nearest Bus Stop: Wadata Junction.
  • Location: Wadata, Makurdi.
  • Residential Properties: Flats, bungalows.
  • Land for Development: Available, with deed of assignment.
  • Estate Infrastructure: Developing roads, electricity, water, security.
  • Investment Potential: Moderate, with 8–12% appreciation due to urban proximity.
  • Inflation Warning: Inflation may increase costs by 15–20% annually.
  • Notes: Affordable with commercial potential; verify titles.
  • Summary: Wadata Estate offers accessible plots with moderate ROI near Makurdi’s center.

17. High Level Estate

  • Land Cost: ₦6,000,000 per plot (600 sqm).
  • Developer: Benue State Government.
  • Price List: 600 sqm: ₦6,000,000; C of O included; initial deposit: ₦1,200,000; 12-month plan.
  • Cost of Renting: 2-bedroom flats: ₦400,000–₦700,000/year; 3-bedroom bungalows: ₦800,000–₦1,200,000/year.
  • Cost of Buying a Property: 3-bedroom bungalow: ₦20,000,000–₦30,000,000; 4-bedroom duplex: ₦35,000,000–₦50,000,000.
  • Nearest Bus Stop: High Level Junction.
  • Location: High Level, Makurdi.
  • Residential Properties: Flats, bungalows, duplexes.
  • Land for Development: Limited, with C of O.
  • Estate Infrastructure: Tarred roads, security, electricity, water, drainage.
  • Investment Potential: High, with 10–15% appreciation due to central location.
  • Inflation Warning: Inflation may increase costs by 15–20% annually.
  • Notes: Prestigious estate; high rental demand. Verify titles with Benue State Ministry of Lands.
  • Summary: High Level Estate offers premium plots with high ROI in Makurdi’s urban core.

18. Gboko Hilltop Estate

  • Land Cost: ₦2,000,000 per plot (600 sqm).
  • Developer: Private developers.
  • Price List: 600 sqm: ₦2,000,000; deed of assignment; initial deposit: ₦400,000; 12-month plan.
  • Cost of Renting: 2-bedroom flats: ₦250,000–₦400,000/year; 3-bedroom bungalows: ₦500,000–₦800,000/year.
  • Cost of Buying a Property: 2-bedroom flat: ₦10,000,000–₦15,000,000; 3-bedroom bungalow: ₦18,000,000–₦25,000,000.
  • Nearest Bus Stop: Gboko Hilltop Junction.
  • Location: Gboko LGA.
  • Residential Properties: Flats, bungalows.
  • Land for Development: Available, with deed of assignment.
  • Estate Infrastructure: Developing roads, electricity, water, security.
  • Investment Potential: Moderate, with 8–12% appreciation due to Gboko’s growth.
  • Inflation Warning: Inflation may increase costs by 15–20% annually.
  • Notes: Budget-friendly; ideal for residential development. Verify titles.
  • Summary: Gboko Hilltop Estate offers affordable plots with moderate ROI in Gboko.

19. Otukpo City Gate Estate

  • Land Cost: ₦2,500,000 per plot (600 sqm).
  • Developer: Private developers.
  • Price List: 600 sqm: ₦2,500,000; deed of assignment; initial deposit: ₦500,000; 12-month plan.
  • Cost of Renting: 2-bedroom flats: ₦250,000–₦400,000/year; 3-bedroom bungalows: ₦500,000–₦800,000/year.
  • Cost of Buying a Property: 2-bedroom flat: ₦10,000,000–₦15,000,000; 3-bedroom bungalow: ₦18,000,000–₦25,000,000.
  • Nearest Bus Stop: Otukpo City Gate Junction.
  • Location: Otukpo LGA.
  • Residential Properties: Flats, bungalows.
  • Land for Development: Available, with deed of assignment.
  • Estate Infrastructure: Developing roads, electricity, water, security.
  • Investment Potential: Moderate, with 8–12% appreciation due to urban growth.
  • Inflation Warning: Inflation may increase costs by 15–20% annually.
  • Notes: Affordable with growth potential; verify titles.
  • Summary: Otukpo City Gate Estate offers budget-friendly plots with moderate ROI in Otukpo.

20. Makurdi Riverside Estate

  • Land Cost: ₦4,500,000 per plot (600 sqm).
  • Developer: Private developers.
  • Price List: 600 sqm: ₦4,500,000; deed of assignment; initial deposit: ₦900,000; 12-month plan.
  • Cost of Renting: 2-bedroom flats: ₦350,000–₦600,000/year; 3-bedroom bungalows: ₦700,000–₦1,000,000/year.
  • Cost of Buying a Property: 3-bedroom bungalow: ₦18,000,000–₦25,000,000; 4-bedroom duplex: ₦30,000,000–₦45,000,000.
  • Nearest Bus Stop: Riverside Junction.
  • Location: Near Benue River, Makurdi.
  • Residential Properties: Flats, bungalows, duplexes.
  • Land for Development: Available, with deed of assignment.
  • Estate Infrastructure: Developing roads, electricity, water, security, scenic views.
  • Investment Potential: High, with 10–15% appreciation due to scenic location.
  • Inflation Warning: Inflation may increase costs by 15–20% annually.
  • Notes: Serene environment with tourism potential; verify titles.
  • Summary: Makurdi Riverside Estate offers scenic plots with high ROI near Benue River.

Inflation Warning

Nigeria’s inflation rate, averaging 15–20% annually in 2025, significantly impacts Benue’s real estate market. Rising costs of construction materials, labor, and land may increase property prices and development budgets by 15–20% yearly. Investors should act quickly to secure plots at current rates and budget for potential cost escalations.

Notes

  • Limited Data: Benue’s real estate market is less documented than urban hubs like Lagos or Abuja. Listings from Nigeria Property Centre, PropertyPro Nigeria, and Jiji.ng provide limited specifics, requiring some assumptions based on market trends.
  • Title Documents: Ensure properties have valid titles (e.g., C of O, deed of assignment). Verify with Benue State Ministry of Lands to avoid disputes.
  • Investment Strategy: Focus on Welfare Quarters, New GRA, and Abu King Shuluwa for high ROI; Apir, Nyima, and Ashusa for affordability; Makurdi Riverside for scenic appeal.
  • Market Trends: Benue’s real estate is driven by urbanization and agriculture, with Makurdi leading due to government presence and infrastructure.
  • Booking Platforms: Use Nigeria Property Centre, PropertyPro Nigeria, Jiji.ng, or contact agents like Oakland County (+234-8038350584) or Alaigbo Property Development (+234-9074445170) for listings.

Summary

Benue State’s real estate market, centered in Makurdi, Gboko, and Otukpo, offers affordable investment opportunities with moderate to high ROI (8–15% annually). Welfare Quarters, New GRA, and Abu King Shuluwa Road are premium estates with strong rental demand, while Apir, Nyima, and Ashusa cater to budget-conscious buyers. Makurdi Riverside stands out for its scenic appeal. Despite limited data, Benue’s market benefits from urbanization, government projects, and agricultural wealth. However, inflation (15–20% annually), title verification challenges, and developing infrastructure require careful due diligence. Investors should verify titles and act swiftly to capitalize on current prices in this emerging market.

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