For property investors

A Finished Standalone 5-Bedroom Investment Property in Katampe Extension, Abuja

By Ufuoma OnakpoyanAsaba & Abuja Real Estate Agent · Last reviewed 22 September 2026

The completed house, photographed in September 2026.

A completed, fully finished standalone 5-bedroom mansion with its own private compound, in a diplomatic-zone district where finished homes have asked more each year we've tracked. Let it, run it as a service apartment, or hold it - see the numbers below.

We have done this before

Buying a home in Nigeria from abroad means trusting people you have not met. Here is what we can show you about ours.

A buyer who did this from abroad

One of our Katampe Extension houses was bought by a man living in Texas.

He did not take our word for any of it. He flew in and ran his own checks: had the plot surveyed, confirmed the governor's consent, saw the Certificate of Occupancy, and obtained his own C of O — and only then closed the purchase with us.

That is the process we recommend to every buyer abroad, and we will help you run it:

Inspect first — in person, by live video, or through someone you trust
Verify the title through your own Nigerian lawyer, not ours
Survey the property independently
Pay only through traceable channels, and only after the checks are done

Recently sold

Open any of these to see the photographs. We publish what we asked, never what a property sold for — that stays between us and our clients.

MR DGN Construction crew in branded high-visibility vests finishing an interior of the Katampe Extension house

We built this one

This house was built by MR DGN Construction & Developers and is sold by Mansa Luxe Realty — both part of MR DGN Group, a registered Nigerian company group. There is no middleman between you and the owner, and the people who laid the floors are the people answering your questions.

The investment case

Figures marked "in our experience" are our own asking-price observations, not a valuation or a guarantee. Market figures are cited from third-party listing data, dated below.

A market that has moved up

In our experience, five-bedroom fully detached duplexes in Katampe Extension mini estates asked around ₦700 million in 2024; comparable finished homes now ask ₦900 million to ₦1 billion. Current market listings for the area show finished 5-bedroom duplexes priced from roughly ₦850 million to ₦1.5 billion depending on finish and land size (Nigeria Property Centre, 2026).

Rental income potential

In our experience, this standalone mansion lets for around ₦40 million to ₦50 million a year, with two years commonly asked up front - a widely used practice for premium Abuja homes. That is a gross rent of roughly 3% to 4% of the asking price before costs. Market-wide listings for 5-bedroom duplexes in the area show a wider range, from about ₦10 million to ₦30 million a year depending on finish and whether the home is an estate unit or standalone (Nigeria Property Centre, 2026) - a fully finished standalone home like this commands a premium above that range.

A standalone, service-apartment option

Because this is a standalone mansion in its own private compound - not a shared block or an estate unit - it can also be run as a short-let service apartment, a model that suits Katampe Extension's diplomatic-zone profile and corporate/diaspora visitor demand.

A weaker naira has pushed costs up

The naira has moved from roughly ₦380 to the dollar in 2021 to a peak near ₦1,717 in November 2024, settling around ₦1,446 in early 2026 (Central Bank of Nigeria / TheGlobalEconomy.com data). That currency move, alongside general inflation, has pushed construction and replacement costs - and asking prices - up across Abuja.

Sources: Nigeria Property Centre Katampe Extension listings (2026); Central Bank of Nigeria exchange-rate data; TheGlobalEconomy.com USD/NGN historical series. Past asking prices do not predict future prices - verify current figures independently before investing.

Why this property specifically

Diplomatic-zone location

Katampe Extension is officially designated a diplomatic zone in the Abuja master plan, the kind of classification that tends to hold its value and attract security-conscious tenants and buyers.

Fully finished, not off-plan

This is a completed, finished 5-bedroom detached duplex - no build-out risk, no waiting on a developer's timeline. You can let it, live in it, or hold it from day one.

Own compound, full control

A private, standalone compound with a smart gate system gives an owner or tenant full control of access - a feature diaspora and corporate tenants specifically look for.

No estate rules to work around

This is not an estate unit, so there are no estate conformity rules restricting what you build, extend or improve. The house is borehole-powered, with the borehole inside the compound. It has its own water tank and also shares a tank connection with the neighbouring compound, and as the owner you are free to add your own additional tank(s) at any time.

Before completion

How this house was built

MR DGN Construction built this house. These are our own photographs from the build and the finishing work, taken before the house was completed - they show it part-way through, not as it stands today. The photographs at the top of the page show the completed house.

See how MR DGN Construction built this house

Questions investors ask us

Is this an asking price or a guaranteed valuation?

It is an asking price. Past price movements in Katampe Extension do not guarantee future prices. We show you the asking-price history we have seen so you can make your own judgement, and recommend independent verification for any investment decision.

What could this property realistically earn in rent?

In our experience, this standalone mansion lets for about ₦40 million to ₦50 million a year, commonly with two years asked up front. Rental income is not guaranteed and depends on the tenant market at the time.

Can I turn it into a service apartment?

The standalone layout, with its own private compound, suits that model, and Katampe Extension's diplomatic-zone location supports demand from corporate and diaspora visitors. You would need to plan management and compliance for that business yourself.

Is this an estate property, and can I build or renovate freely?

No, it is a standalone property, not an estate unit, so there are no estate rules governing what you build or change. The house is borehole-powered, with the borehole inside the compound. It has its own water tank and also shares a tank connection with the neighbouring compound, and as the owner you are free to add your own additional tank(s) at any time.

What is the agency fee?

None for a buyer who comes to us directly: no agency fee is added to the asking price on this MR DGN-owned home. The agent who brings a buyer earns the full 5% from us.

What should I verify before buying?

The C of O, governor's consent where it applies, an AGIS search, a court search and a survey - see our verification guide for the full process.