How much does it cost to rent a commercial space in Lagos?

The median asking price for commercial spaces in Lagos is 20 €/m² per month. Measured across 33 on-market listings.

Median price per m²
20 €/m²/mo
Middle half: 12 to 22
Typical asking price
650 €/mo
40 m²
Listings measured
33

How prices are spread

Hover a bar to see how many listings sit in that price range.
72034
Below the medianAbove the medianMiddle half: 12 to 22
Distribution of asking prices per square metre across 33 listings, from 7 to 34 €/m² per month, with a median of 20.

The commercial space market in Lagos

Commercial spaces in Lagos are currently asking a median of 20 €/m² per month. Half of them are listed between 12 €/m² per month and 22 €/m² per month. A typical listing asks 650 €/month for 40 m².

Put in context, that is 33% above the Faro district median and 100% above the national median for commercial spaces.

Gross rental yield

7.8%

Median rent of 20 €/m² per month against a median sale price of 3.077 €/m².

Gross: before costs, taxes and vacancy.

8 properties in Lagos are listed below their comparables

That is how many on-market listings here are asking less per m² than the nearest similar properties. Tell us what you are looking for and we will show you which ones, and alert you the moment a new one appears.

Set up my search

Free. Takes about 2 minutes.

What you can build here
PDM Lagos

Zoning, urban vs rural land and the municipal master plan for this council.

Frequently asked questions

What is the price per m² for commercial spaces in Lagos?
The median asking price is 20 €/m² per month, across 33 on-market listings. Half of all listings fall between 12 €/m² per month and 22 €/m² per month.
How much does a commercial space cost in Lagos?
The median asking price is 650 €/month for a typical 40 m². This is what sellers are asking today, not what buyers finally paid.
What is the rental yield in Lagos?
The gross yield for commercial spaces in Lagos is about 7.8%. That is a median rent of 20 €/m² per month against a median sale price of 3.077 €/m². Gross means before costs, taxes and vacancy.

Other property types here

Asking prices across every major Portuguese property portal, each property counted once. Updated daily.

Commercial spaces to rent in Lagos: prices | explorador