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How PropHandler is Helping Nigerian Landlords Make More Money In 2024

  The real estate business in Nigeria, particularly the housing and property markets, has become extremely profitable in recent years. With the rise in tech jobs leading to individuals having a higher disposable income to pay for housing (a recent study by Professions(dot)ng noted that the number of workers from home increased in Nigeria after 2020 , and this led to people willing to pay higher for comfortable housing). Right now, the property market is a seller’s market, and landlords have a chance to smile to the bank more than they ever had at any other point in Nigeria’s history. Unfortunately, landlords have not been able to realize full value on their properties due to several factors, such as, maintenance issues, and tenants who knowingly or unknowingly mismanage the property and bring down its value. For example, it is common for a Nigerian landlord to build a rental property in a different city from where they live and not be able to monitor the house as they should. This ...