Proptech Boom Hits Nigeria: 7 Startups Changing How You Buy and Rent Homes in 2025
In 2025, Nigeria’s real estate industry is no longer offline.
With over ₦120 billion flowing through verified digital property platforms in the first half of the year, proptech is now a major force in how Nigerians rent, buy, and invest in homes.
These 7 startups are leading the movement.
1. Spleet
Spleet allows users to pay rent monthly and manage lease agreements digitally. It has over 35,000 verified renters on its platform and recently raised $2.5 million in funding.
2. Fibre
Fibre helps young professionals access fully furnished, pay-monthly apartments in Lagos and Abuja. It’s big on short-term leases and flexibility.
3. Estate Intel
This is the go-to source for property market intelligence. Investors use its dashboard to track building completions, vacancy rates, and commercial trends in real time.
4. BuyLetLive
Focused on verified sales and rentals in Lagos, BuyLetLive claims to reduce fake listings by 90% through human and AI review before properties go live.
5. MyPropfolio
This startup offers fractional real estate investing from as low as ₦500,000. Users can own a portion of a shortlet, retail shop, or off-plan development.
6. RentSmallSmall
Now expanded to 6 cities, RentSmallSmall offers short-stay and long-stay rentals with digital onboarding and credit-based vetting.
7. ShelterHub
ShelterHub is building the “Amazon of real estate” with 3D virtual tours, mortgage calculators, verified estate developers, and rental insurance in one app.
Why It Matters
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Fake listings remain a major issue in Nigeria’s real estate market
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Proptech is helping solve trust, payment, and data problems
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Younger buyers prefer digital-first home search and transactions
In short, these platforms are eliminating middlemen, scams, and outdated paperwork.
The Numbers
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Over 5.2 million Nigerians have used a digital real estate service in 2025
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Shortlet and co-living demand is up 18% YoY
My Take
If you’re still depending only on agents and flyers to buy or rent, you’re getting left behind. These proptech platforms are reshaping how real estate works in Nigeria — and fast.
Whether you’re a tenant, buyer, or investor, the smart move is to test at least one of them this year.
