In a major step toward democratizing property ownership in Nigeria, Fragvest, a cutting-edge real estate investing platform, recently obtained a $350,000 pre-seed investment from Sthenic Finance & Advisory Limited.
This investment will support technological developments, user acquisition, and product expansion, strengthening Fragvest’s position as a major force in Nigeria’s developing proptech market. The company is removing the conventional obstacles to real estate investing by utilizing its fractional ownership model, which allows regular Nigerians to buy a portion of expensive properties for as little as N10,000. This strategy enables people to co-own upscale apartments, business spaces, and short-term rental properties in desirable areas of the nation, making real estate as accessible and reasonably priced as purchasing stocks. The procedure is easy to understand and straightforward.
On the platform, investors can peruse carefully chosen homes, buy fractional stakes (referred to as “frags”) following their financial constraints, and receive a portion of rental income when the property makes money. Investors may sell their frags at any moment for a possible profit if the property’s value increases. To give investors a hassle-free experience, Fragvest also manages all property management, BrandSpur national news stories reports.
According to Fragvest Co-founder, Tomiwa Olaifa: “We’re breaking the myth that real estate is only for the wealthy. With Fragvest, everyday Nigerians—Gen-Zs, freelancers, salaried workers, and even those in the diaspora—can own a share of real estate and earn rental income without ever lifting a brick.”
Young professionals with disposable income who lack the funds or know-how to invest in entire properties are the target audience for the platform.
According to Fragvest’s Co-founder and Managing Director, Bayo Durodola: “Our mission is clear: to make real estate ownership accessible to all. Too many young professionals earn well but struggle to navigate smart investment opportunities. At Fragvest, we aim to bridge the gap between their income and sustainable, long-term wealth creation.”
Fragvest, which offers high-end properties like The Rock Apartment, a N180 million shortlet property suitable for co-ownership, is already finding considerable momentum in major cities like Lagos, Abuja, and Port Harcourt. The platform is changing the way Nigerians view real estate and paving the road for inclusive economic growth with 100 sales agents onboarded to promote property sales.
However, Fragvest is placing a large wager on a future in which anyone, regardless of financial situation, may accumulate wealth through real estate as prop-tech use spreads throughout Africa. The company provides a straightforward, stress-free method for young professionals, independent contractors, and Nigerians living abroad to own a portion of premium real estate and safeguard their financial future.
