We are a proptech start-up creating low capital access to high-yield real estate assets for Nigerians. We do this by fractional property investment which essentially divides the value of a property into equal fractions from which the public is invited to purchase. These fractions are owned for a 5-year period during which proportional returns are paid to the owner.
All activity is carried out on our web-based platform which allows fraction owners to purchase, monitor and earn.
Our business model accrues profit from leasing the property as luxury, short-lease apartments in Ikoyi, Lagos. Ikoyi has the most expensive real estate market in Africa and as such attracts a lot of return on investment. The real estate market is driven by population and that of Nigeria keeps growing exponentially, we also have a 17 million unit housing shortage which our work at ALT will help to fill.
We are currently in ideation and tweaking our product; it’s available at www.alt.ng
| Sectors | Real estate |
| Location | Lagos, Nigeria |
| Stage | Sign in to view details |
| Markets | Sign in to view details - in urban areas |
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