investment · Real Estate
Diaspora Affordable Housing Programme – Lagos & Accra
- Location
- NG
- Value
- $40,000,000 – $55,000,000
- Deadline
- 30 Nov 2026
- Urgency
- medium
Requirement
The Diaspora Affordable Housing Programme addresses two critical needs: the housing deficit in Africa's fastest-growing cities and the diaspora's desire for verified, trustworthy property investment back home. This $55 million programme develops 2,000+ quality affordable homes across Lagos, Nigeria and Accra, Ghana. The programme comprises four development sites: two estates in Lagos (Lekki and Ikorodu corridors) and two in Accra (Tema and Spintex areas). Each estate features 400-600 units ranging from studio apartments to 3-bedroom townhouses, with amenities including 24/7 security, backup power, water supply, and recreational facilities. We are seeking diaspora investors, development partners, and mortgage finance providers. The programme offers diaspora investors verified development opportunities with professional management, transparent reporting, and flexible investment structures (unit purchase, fractional ownership, or fund participation). All investments are protected by escrow arrangements and independent project monitoring. Housing demand fundamentals are compelling: Lagos adds 600,000 residents annually with a 3+ million unit housing deficit, while Accra faces similar pressures with its growing middle class. Affordable housing ($30,000-80,000 per unit) commands the largest demand segment and fastest sales velocity. Target returns of 18-25% IRR on development capital. Diaspora buyers benefit from below-market pricing, payment plans during construction, and guaranteed buyback options. The developer has delivered 5,000+ units across West Africa with zero project failures.
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