For generations, real estate has been the most reliable method of building wealth in Nigeria, for good reason. It’s tangible, it’s valuable, and it’s one of many opportunities that’s almost sure to bring returns. Unfortunately, the path to property ownership in Nigeria can be very difficult, especially if you’re new to real estate investing. But what if you could bypass all that? That’s where Piggyvest comes in.
Investify on Piggyvest allows you to invest in high-interest, professionally vetted real estate projects right from your phone, with as little as ₦5,000. These opportunities generate returns in the form of capital gains or rental income and can even lead to property ownership.
In this article, we’ll break down everything you need to know about the real estate investment opportunities on Piggyvest’s Investify and show you how to get started. Ready? Let’s begin!
How does real estate investing work on Investify?
When you invest in real estate on Investify, you’re not buying a house to manage yourself or becoming a landlord overnight. Instead, you’re backing a specific, high-value real estate project that makes you a part-owner of the property. These opportunities are structured as either asset-backed debt (where you earn a fixed interest) or full equity (where your returns are tied to the project’s profit).
Here’s a breakdown of exactly how real estate investing works on Piggyvest’s Investify:
- A developer needs capital: A reputable real estate developer, such as Minimalist & Co., needs funding for a specific project. For instance, they may want to purchase and develop luxury apartments in a prime location like Victoria Island, Lagos.
- Piggyvest conducts vetting: This is the most crucial step. Our team performs rigorous due diligence on both the developer and the project. We assess their track record, the project’s viability, the legal documentation, and the projected profitability to ensure it’s a secure and worthwhile investment.
- We list the opportunity on Investify: Once vetted, we list the project on Investify. You’ll see all the key details transparently: the expected returns, the investment tenure (duration), the unit share price, and key information about the underlying property.
- You invest: You can then invest an amount you’re comfortable with. Investify allows you to invest as low as ₦5,000 (depending on the project in question), and your funds are pooled with other Piggyvest users to finance the project.
- You get paid: At the end of the investment tenure, you receive your initial capital plus your profit directly into your Piggyvest account. The repayment source is clear from the start. For instance, some opportunities provide returns from the cash flows generated by the sale of the investment property at a higher value, while others provide fixed interest payments.
In other words, Investify makes you an investor, not a property manager.
Your role is to provide the capital, and in return, you get a share of the profits. We and our vetted partner (Minimalist & Co. Limited) handle all the heavy lifting (the due diligence, the legal work, and the project management) so you can focus on enjoying the returns on your investment.
Who is Minimalist & Co. Limited, and how credible are they?
Minimalist & Co. Limited is a real estate development company that builds ultra-modern homes for professionals, businesses, and high-income individuals.
The company has extensive experience in developing and marketing commercial and residential buildings. They were involved in developing and constructing a renowned bank in Nigeria, as well as some of its branches. They’ve also built numerous residential buildings within Lagos, including the M120 Apartments project that was listed on Investify.
How To Invest In Real Estate In Nigeria (Even If You’re Not Rich Yet): 5 Ways For Beginners To Get Involved
What are the benefits of investing in real estate on Investify?
Investing in real estate is indubitably an excellent way to make money in Nigeria. In fact, it can set you on the path to real wealth and financial success if you keep at it and choose the right opportunities. But what exactly are the benefits of investing in the opportunities on Investify?
You will enjoy the following benefits when you invest in the real estate opportunities on Investify:
What Is Diversification In Investing? Tips For Building A Lasting Portfolio In Nigeria
- High-yield returns: Our investments offer the potential for very competitive returns. For example, a recent luxury apartment project on Investify offered an expected return of 33.3% in 19 months.
- Unmatched accessibility: You don’t need hundreds of millions of Naira to start. With opportunities broken down into units or shares, you can begin your real estate investment journey with as little as ₦5,000.
- Vetted and secure opportunities: The biggest barrier to real estate is trust. We remove that by ensuring every single opportunity is asset-backed and thoroughly vetted by our team. Your investment is a secured and collateralised obligation of the partner company.
- Completely passive income: Forget the headaches of finding tenants, dealing with maintenance, or processing paperwork. This is a truly “hands-off” way to earn from the Nigerian real estate market.
- Smarter diversification: Adding real estate to your portfolio is a proven strategy for building long-term wealth. Investify makes it easy to diversify your investments beyond traditional savings.
There you have it!
How to invest in real estate opportunities on Investify
Are you ready to get started? We’ve got you!
Here’s how to invest in real estate opportunities on Investify:
How To Invest In REITs In Nigeria: A Deep Dive Into Real Estate Investment Trusts
- Log in to the Piggyvest app.
- Tap the “Invest” tab at the bottom of the screen to see available opportunities.
- Tap on a project to see its details and analyse the opportunity.
- Once you’re comfortable with the details, tap the “Invest Now” button.
- Enter the number of units you want to buy and confirm the transaction from your Piggyvest Flex Naira wallet.
That’s it! You’re now a real estate investor. Note that you can monitor all your active investments, including their maturity dates, right from your Investify dashboard.
What happens to your investment if a developer defaults?
While we vet our partners thoroughly, all investments carry some risk. For transparency, we list potential risks, like “Business and Operational Risk” or “Liquidity Risk,” for each project. However, these investments are structured as secured and collateralised obligations to provide a strong layer of protection for your capital.
You can also learn more about risk and risk management by reading our article on risk management and balanced portfolios.
Can you buy an apartment through Investify?
You can buy an apartment through Investify. Some projects offer the ability to convert your shares to full ownership. For example, in one of our listed Lekki projects, holding 12,400 shares gives you the option to acquire a 3-bedroom apartment.
You can simply contact our support team to facilitate this process.
Can you exit a real estate investment early on Investify?
Most of the real estate opportunities on Investify are fixed-tenure investments, meaning your funds are locked in until the maturity date. However, some opportunities have a secondary market where you can sell your shares to other Investify investors if there is available demand.
Summary
You no longer have to be on the sidelines. Real estate investing is no longer a club reserved for the ultra-wealthy. Thanks to Piggyvest, it’s for anyone ready to put their money to work in one of the most reliable asset classes globally. In other words, it’s for you — the savvy professional, the smart saver, the ambitious builder.
Ready to join the train? Download the Piggyvest app and explore the real estate opportunities waiting for you!
