Nigeria: PropertyPro facilitates real estate acquisitions and rentals

By : Adoni Conrad Quenum

Date : lundi, 08 mai 2023 10:33

Formerly ToLet.com, it merged with Jumia House in 2017 to become PropertyPro. The platform aims to become one of the most important proptech companies in Africa. 

PropertyPro is a proptech platform created by a Nigerian startup that helps individuals in Nigeria find properties for rental or purchase.

By using its web and mobile (Android and iOS apps) platforms, PropertyPro enables users to browse through a wide range of listed properties available for rent or sale across the country. With the help of the search bar, users can filter the properties based on location, number of rooms, and minimum and maximum budget. While visitors can view the details of the properties without an account, they must register or log in to proceed further.

The platform generates its revenues from commissions on transactions. It also charges subscription fees for real estate agents that list their properties. With over 60,000 listings, it claims to be Nigeria’s largest real estate platform. Its Android app has been downloaded more than 10,000 times. Since its launch, the startup has raised $1.4 million to support its growth in Nigeria.  

Adoni Conrad Quenum

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