Real estate profitability for all Nigerians
To empower Nigerians with the ability to invest and profit from real estate based on what they can afford.
Digital Landlord aims to disrupt the real estate industry in Nigeria by using digital technology and on the ground industry expertise and knowledge to empower Nigerians at home and abroad to safely, easily and confidently invest in real estate at a fraction of the investment cost required while profiting from the high ROI that comes from Nigerian real estate.
Everyone would love to own a house or land in prime location and experience the bountiful return on investment that comes with it but not everyone has the huge capital, time and expertise required to successfully do so.
What if you could invest as little as N100K or £200 and still experience the huge return on investment in real estate based on your share of the portfolio you invested in. Wouldn’t that be great?
Using the technology that powers crowdfunding and a trading platform that allows you to sell your share of the portfolio at a profit to new investors, doing this from the convenience of your smartphone, tablet or desktop is what Digital Landlord is all about.
Our platform gives Nigerians and anyone interested in benefiting from the promising returns that comes with real estate industry in Nigeria, the opportunity to generate high returns by allowing each individual to invest what they can afford into a pot for a selected project while our real estate industry experts (developers, sales & marketing team, legal team, estate agents and interior decorators) do all the hard work for you. All you have to do is, invest, track and receive your ROI when the project is completed, rented or sold.
Lagos state is ranked the world’s No.4 fastest growing megacities in Africa according to the World Economic Forum
Lagos state will most likely become the leading financial hub for the continent of Africa” according to David Frame, Managing Director of Eko Atlantic
According to a report released by the National Bureau of Statistics (NSE), the real estate sector grew by 5.9 per cent
PricewaterhouseCoopers (PwC) puts the value of the real estate sector in Nigeria at $9.16 billion in 2014.
According to the projections, further growth will increase the value of the real estate industry to $11.36 billion in 2015 and $13.65 billion in 2016.
According to the report titled “Real Estate: Building the Future of Africa”, the Nigerian real estate sector is growing at a rate of 8.7 per cent and is now the sixth largest sector in the economy.
The report also said that high net worth individuals invest 25 per cent of their assets in real estate compared to 18 per cent or less in equities and other instruments.
Rental rates in Lagos were said to be one of the highest in the world with achievable rents of more than $1,020/m2 (about N186,000/m2) annually.
As Africa’s sixth fastest growing economy (according to IMF projections 2015–2019), Nigeria is likely the most attractive market for retail property. Private equity funds have been active in this space for several years.