Total Cost of Building Hostel Accommodations in Amassoma: Full Report

The following are the cost implications of building various types of accommodations in Amassoma. This report is the findings and conclusion of various experts which range from project managers, quantity surveyor, Arc. Tech., and Land and Properties Agents. The following cost includes all cost involved in building except land and water features.

Preamble

In our preliminary report on the state of hostel accommodations in Amassoma, it was indicated that Amassoma lack adequate quality hostel accommodations as students have to settle for less quality accommodations. Consequently, we call for investors to look into the area of hostel accommodations in Amassoma. From scratch to finish, a 5 semi-detached self contain bungalow will take up to two months to complete, while a one storey, 20 blocks of self contain will take a 5 month period. All estimates are consequent upon the believe that payments will be one-off. However, where investors decide to pay installmentally, the strength of such installments will determine completion time.

Antecedents

This paper was prepared with several considerations in mind. First of all, parents/investors have been asking us to get them this type of report to aid them in their attempt to invest in hostel accommodations. Therefore, we gathered a team of experts ranging from project managers, quantity surveyor, Arc. Tech., and Land and Properties Agents to bring together a very good framework that will guide investors in their endeavours here in Amassoma. All information provided here are current updated.

Read the First Report Here: Amassoma in Need of Quality Accommodations: A Call for Investorss

Introduction

The following are the cost implications of building various types of accommodations in Amassoma. This report is the findings and conclusion of various experts which ranges from project managers, quantity surveyor, Arc. Techs., and Land and Properties agents. The following cost includes all cost involved in building except land and water features.

5 Semi-Detached Self Contain Bungalow – N11,084,000.00

10 Semi-Detached Self Contain Bungalow – N22,167,000.00

One Storey, 20 Blocks of Self Contain – N49,322,000.00

One Storey, 30 Blocks of Self Contain – N68,801,000.00

Below are various samples and cost implications of each type of hostels: