Are you looking for the best websites, apps, and platforms for real estate investment in Nigeria?
If YES, this article is only what you need to read today.
Saving alone won’t make you rich.
Instead, you must also make your money work for you by investing in real estate.
Real estate is responsible for the wealth of many millionaires.
The wise earners of today invest their money in real estate.
Getting started…
Real Estate Investment Apps in Nigeria
Real estate investing apps are mobile applications that use technology to help you invest in real estate.
These apps are often marketed as an easy way to get started saving and investing.
Real estate apps commonly provide users with one or more of these services and products:
- A place to invest money.
- Advice on investing.
- Buying and selling properties.
2 Best Platforms to Invest in Real Estate Nigeria
Here are the best-rated apps and platforms for real estate investment in Nigeria.
1. PiggyVest
Investify, a PiggyVest product, makes it possible for you to join that league of wise earners with as little as ₦5,000.
On Investify, there are vetted, fractional opportunities that generate capital gains, property ownership and rental income.
Currently, there’s just one opportunity: Verified Real Estate Investment in Freedom Way, Lekki by Minimalist & Co. Limited.
Minimalist & Co. Limited is a real estate development company that builds ultra-modern homes for professionals, businesses, and high-income individuals.
Minimalist & Co. Limited has many years of experience constructing commercial and residential buildings.
They were involved in developing and constructing a certain renowned bank in Nigeria and some of its branches.
They have also built many residential buildings within Lagos, with M120 Apartments being their latest project.
Trusted by over 9,000 investors, the real estate investment in Freedom Way allows you to buy affordable blocks (₦5,000/per share unit) for the 10 units of 2 bedrooms being built in Freedom Way by Minimalist & Co. Limited.
You should consider this investment opportunity for these reasons:
- Capital Appreciation: You can invest in capital gains and cash out when offers are available.
- Affordable Property Ownership: With fractional real estate opportunities like the one offered by Minimalist & Co. Limited, you can get part-ownership of expensive properties for as little as ₦5000.
- Rental Income: Once you own an apartment, you can receive regular rental income based on your ownership.
You’ll need 20,200 blocks to fully own an apartment.
However, you can decide to cash out with your returns when the offers are available or convert it to full ownership of the apartment.
Minimalist & Co. Limited will repay you with the cash flow gotten from selling the investment property.
This amount will be at a higher value than you invested.
The project is authorized and has all the required Lagos State building approvals, along with a team of well-rounded consultants and contractors.
You can cash out when offers are available.
You also get paid profit periodically, depending on the number of your unit shares.
You can sell your units to others anytime.
Calculating your returns on investment is simple.
All you must do is use the formula below.
ROI = (Proceeds from Investment – Cost of Investment) ÷ Cost of Investment
For instance, if you bought ₦10k worth of blocks (2 blocks) and gain ₦15k proceeds, that will be:
(15,000 – 10,000) ÷ 10,000 = 5% returns.
What are the risks involved?
Please note that the risks described below aren’t all the risks relating to the real estate investment in Freedom Way, Lekki.
Instead, they’re provided as general information only.
a) Business and Operational Risk
This involves loss stemming from insufficient or failed internal processes, people, and systems.
It might also be because of external factors affecting the company’s ability to perform its duties regarding this investment.
Business-wise, there is the possibility of generating low demand for the developed properties.
b) Liquidity Risk
This happens when there is a mismatch between the company’s inflows and outflows, or the company encounters difficulty meeting obligations related to the delivery of cash or other assets.
How can I invest in this opportunity?
- Download the PiggyVest app and sign up if you haven’t.
- Visit ‘Investify’ and select ‘Explore.’
- Click the ‘Real-Estate’ category and choose ‘Verified Real Estate in Freedom Way, Lekki.’
- Click ‘Invest Now’ and fill in the form, choosing the number of shares to purchase and the source of funds.
2. Bamboo
Bamboo is a real estate and construction company with primary interest and engagement in property development, sales, management, and investment.
The company’s interests cut across residential and commercial properties.
Also provided are real estate advisory services, delivering high level solutions in areas of development conception, design and build, development appraisal and monitoring, among others.
Notable competitive edge includes domain expertise, track record, excellent management, innovation, and strong corporate values.
Contact
- No. 4, Oringwo Street, Sani Abacha Road, GRA Phase III, Port Harcourt.
- +234 905 407 8990, +234 703 139 6510
- bamboogroupinfo@gmail.com
Final Words
The best way to make wise choices with your money is to invest in real estate in Nigeria.
Real estate is one way to move from poverty to wealth for financial stability.
The value of real estate increases with time.
It outweighs the benefit of other investments like stocks, bonds, and insurance.
So, by using these apps and platforms, your real estate investment will give you cool cash in Nigeria.
