Casafina Unveils Real Estate Investment Platform, Rent-to-own Opportunity
Casafina capital Limited has launched a new platform, www.onesqm.ng a member only real estate investment platform which will allows members to invest in and have fractional ownership of residential real estate properties in prime areas of Lagos, Abuja and other major cities in Nigeria.
The company which started about three years ago while unveiling its flagship offerings in Lagos yesterday revealed that the project – “One Square Meter is powered by a state-of-the-art online platform which enables interested parties to digitally select and invest in properties of their choice”.
The investment capital starts from as low as N250,000 and investors are guaranteed rental of up to 25% annually.
Revealing the vision behind the company unique offerings and positioning, the C.O.O, Casafina Capital, Dr. Olufemi Oluwaseyi said the team is driven by a desire to improve housing in Nigeria change the real estate industry.
“Insanity is doing the same thing over and over again and expecting a different result. That has been the case of most Nigerians as regards housing and investment. One of our goals is to find a lasting solution to real estate financing in Nigeria.” He remarked.
In his presentation, Dr. Olufemi’s optimism for the One Square meter platform came to fore while reiterating his belief that this will transform the real estate industry. “With www.Onesqm.ng we have created an ideal platform to allow people easily invest real estate properties of their choice. We are passionate about this and we believe this can change Nigerian real estate for years to come.”, he declared.
According to the COO, the company currently has two on-going projects – the Omega Court, Opebi and Ikate which flaunts 80 Units of 4 bedroom duplexes. The company’s unique rent-to-own is a development scheme that provides flexible home ownership opportunity for the emerging middle class professionals. Customers are promised delivery within 6 – 9 months of contract.
As a guarantee to the investments of interested parties, Casafina is working with a fund management company, Union Trustees as custodian of all customers’ deposits for the project. It also takes performance bond from its builders to ensure delivery dates to customers are kept sacrosanct.
The essence of working with a Trusteeship company is to ensure the customers’ money is safe, spent for the purpose which it is meant, ensure details are always available to the investor and obligations are met promptly in the most transparent and integrity manner explained Mr. Taiwo Oguntimehin of Union Trustees as partners on the project.
The company which has a vision of providing affordable housing to all Nigerians as well as creating smart investment opportunities as shown a track record of excellence down the years, with products and projects such as Casavilla Estate Magboro, a 50-acre affordable housing scheme with multiple units delivered, aside the medium income multifamily apartment development in Opebi among others.
To encourage investment from early adopters, www.onesqm.ng, according to the COO will be rewarding one lucky member with two SQM units on the platform, investment asset valued at 500,000 Naira. The winner will be decided by a raffle draw later in December. “The first 100 sign ups stand the chance to win 500,000 Naira”, the company promised.