As the world becomes increasingly digitised, the real estate industry in Africa is not left out. Technology has brought about a revolution in the way we buy, sell, and rent properties, and Africa is catching up.
Real estate tech start-ups are emerging across the continent, leveraging technology to create innovative solutions that are changing the industry.
Real estate tech start-ups in Africa are using various technologies such as artificial intelligence, blockchain, and virtual reality to improve the way properties are listed, viewed, and transacted.
They are also creating platforms that connect buyers and sellers, making the process of buying and selling properties easier and more efficient.
The growth of real estate tech start-ups in Africa is driven by the increasing demand for affordable housing, urbanisation, and the need for transparency and accountability in the industry.
These start-ups are not only transforming the real estate industry but are also creating employment opportunities and contributing to the economic growth of the continent.
Read Also : Top 20 Best Real Estate Software (2023)
In this article, we will explore some of the most innovative real estate tech start-ups in Africa and how they are changing the face of the industry. We will also look at the challenges they face and the opportunities that lie ahead.
Here’s a comprehensive list of the best real estate tech start-ups in Africa
Top 20 Real Estate Tech Start-ups In Africa
1. PropertyPro.ng:
Founded in 2013, PropertyPro.ng is one of the best real estate start-ups in Africa and the leading real estate platform in Nigeria.
Location: Nigeria
Property pro. ng enables its customers to:
- Buy
- Rent
- Land
- Connect with real estate agents
Well, that’s not all. They also have
- Short Let Apartment
- Luxury apartment
- Real Estate reports tracking market analysis
PropertyPro.ng also features in commercial properties like
Shops, offices. It also gives partnerships with small real estate companies. Great isn’t it?
It also has a unique feature that allows you to:
- Contact electricians
- Contact plumbers
- Contact painters
- Contact Carpenters
- Contact generator repairers
- Cleaners
- Ac installers
- DStv installer
Nice, isn’t it? All these problems have been taken care of for you. They are also featured on BBC, CNBC Africa, national geographic etc.
PropertyPro. ng also has blogs to guide you in your real estate journey
To enjoy these great services, you can download their app on the Google Play Store and Apple App Store or go to their website.
2. Estate Intel:
Founded in 2016, Estate Intel is one of the best real estate tech start-ups in Africa platform that provides information on rentals, sale prices, and vacancy data.
Location: Nigeria
Estate Intel enables you to:
- Buy
- Rent
- Sell
- Commercial properties
- List properties
- Estate rental
You can get information on upcoming, ongoing, and completed projects which can enable you to plan.
However, their Core services are:
- Market analysis
- Real Estate API
- Custom reports
In estate intel, you can also connect with other directories.
However, to enjoy these great services, you can get their application on PlayStore and App Store or you can go through the website.
3. Private property:
This is one of the fastest-growing real estate tech start-ups in Africa. it was founded in the year.
Location: Nigeria
It enables its customers to:
- Buy
- Rent
- Short-let
- Land
- List Property
- Request property
Private property has many unique features, unlike others;
- It is equipped with a blog, which serves as a guide in your real estate journey
- It connects you with other real estate agents, whom you can easily filter to your location.
- Agent bonus.
- Explore the neighbourhood
- New launch Duplex, which you can use to find the latest new duplex for sale and other upcoming projects
You can download their app on PlayStore and App Store or access their website to enjoy All these services.
4. Land layby:
Land layby is a blockchain technology for recording land-buying and selling transactions.
Location: Kenya
This blockchain redefines the way people invest in real estate properties.
Real estate transactions can then be conducted digitally with cryptocurrencies like Bitcoin or using their own currencies.
People interested in trading bitcoins can use the automated Bitcoin lifestyle crypto software, which automates all trading with the help of algorithms that work in the background to monitor market data completely.
This motive is to help Land buyers worldwide face land acquisition challenges from the lack of reliable information about the land they are interested in acquiring.
5. Fibre :
Founded in 2016, Fibre is an online tech real estate start-up platform that enables its customers to:
- Rent
- List Property
Location: Nigeria
Fibre is equipped with a search tool that enables you to filter houses around the neighbourhood.
So if you want to rent an apartment, fibre got your back. All you need to do is go to their website to get started.
6. Kejahunt:
Kejahunt is one of the best real estate tech start-ups in Africa. It was founded in 2014, It enables its customers to:
- Rent
- List Property
Location: Kenya
Kejahunt also has a unique search tool that you can use to find:
- Apartments
- Office
- Commercial spaces for business purposes
You can also acquire a property for as low as ksh.11000. To get started, you can access their website.
7. Property 24:
Founded in 2000, property 24 is also one of the best real estate tech start-ups in Africa, with over 6 million visits each month.
Location: South Africa
It enables its customers to:
- Rent
- Sell
- List properties
Well, that’s not all; it also has unique features such as:
- Mortgage calculator
- Blogs to guide you in your real estate journey
- Property Reports and Analysis
- Home loans
Property 24 also connects users to real estate agents.
With its search tool, you can filter properties by:
- Location
- Min-max prices
- Number of bedrooms
- Number of bathrooms
8. Propertify :
Founded in 2017, it is one of the best real estate tech start-ups in Africa.
Location: Egypt
Propertify enables you to:
- Rent
- Buy
- Sale
Propertify also gives you access to
- Handymen
- Builders
It is also equipped with blogs and news insights, which help you know the current trends in the real estate business.
9. Kwaba :
kwaba is one of the leading real estate tech start-ups in Africa; This real estate platform deals mainly with mortgages.
Location: Nigeria
Kwaba enables its customers to:
- Save for rent
- Rent now pays later
- Instant loan
- Manage properties
If you’re looking for any of these services, Kwaba is the right place.
You’re one click away from getting your first home loan. You can download their app on the Play Store and App Store or you can also sign up on their website.
10. Rent bay:
Founded in 2000, this is a platform that enables users to :
- Rent
- Sales
- List Property
Location: South Africa
Rent Bay also features commercial and industrial properties. If you’re looking for where to list your property, Rent Bay got you covered. You can access their services on their website.
11. Partment:
Founded in 2022, this is an online marketplace where you can buy a hassle-free second home.
Location: Egypt
Partment manages and handles the properties and all you need to do is to book your preferred days via their smart booking system.
With Partment, you can:
- Buy property shares
- Rent your booked apartment
It is also equipped with blogs, which are there to guide you on your real estate journey and market trends. You can access their website or contact them via WhatsApp. You’re just a click away from owning your real estate share.
12. Venco:
Venco, which is also one of the best real estate tech start-ups in Africa, is an all-in-one community management software that helps you to manage your properties effectively.
Location: Nigeria
Venco helps you to manage:
- Estates
- Shopping complex
- Gated street
- Gated community
- Neighbourhood
- Apartments
- Office building
- Malls
If you’re looking for where to manage your properties, venco has got you covered. You can access their services on their website.
13. Afristay:
Founded in 2006. Afristay is one of the best real estate tech start-ups in Africa.
Location: South Africa
As the name implies, “Afristay” is a platform for listing properties across Africa.
So as a property owner, if you’re looking for where to list your property, Afristay is the right place for you. You can access their services on their website.
14. Spleet Africa:
Spleet Africa is one of the best real estate tech start-ups in Africa. Spleet Africa is a platform that helps landlords and tenants manage their rents.
Location: Nigeria
Spleet Africa enables its users to:
- Rent
- List Property
- Lease Property
Spleet also has a unique feature which allows you to:
- Rent and pay later with zero collateral
- Flexible or Part-by-part payment
The platform also has blogs that can educate and guide you on your real estate journey.
In other words, if you want to enjoy any of these services, Spleet Africa has got you covered. All you have to do is to go to their website.
15. Nawy:
Founded in 2016, Nawy is ranked among the best real estate tech start-ups in Africa.
It enables its users to:
- Buy
- Sell
- Home loan
Location: Egypt
Nawy offers different kinds of buildings, such as:
- Apartment
- Offices
- Townhouses
- Duplex
- Penthouse
- Studios etc.
In other words, they offer both commercial and retail buildings.
Nawy has an app that is available on the PlayStore and App Store, which you can use to enjoy these services. You can also access their services on their website.
16. Small-Small :
Founded in 2018, Small-Small is a real estate tech start-up that enables its customers to :
- Rent
- Buy
- Stay overnight
Location: Nigeria
It also features a flexible payment system, which allows you to pay Small-Small.
If you’re traveling, a long journey and looking for where to pass the night, Small-Small got your back.
All you need to do is go to the PlayStore or App Store and download the application. You can also go through their website and enjoy these services.
17. Sakneen:
Founded in 2019, Sakneen is a prop-tech start-up that offers users an online portal to buy or sell homes.
Location: Egypt
With Sakneen, you can:
- Buy
- Sell
- Rent
- List Property
Sakneen has a unique search tool that can be used to look for houses in your location.
You can also use it to search for houses that suit your budget.
It also has statistics that give you a detailed view of every neighborhood at a glance covering product mix, and average unit price, among other data points, to help you make the right decision.
To enjoy this service, you can access their website to get started.
18. Bongalow :
Founded in 2019, Bongalow is also one of the best tech start-ups in real estate in Africa; which enables you to shop for the best home loans. In other words, Bongalow is a platform for home mortgages.
Location: Nigeria
With Bongalow, you can:
- Manage your mortgage
- Find homes
It is also available in three countries:
- United state
- United Kingdom
- Nigeria
19. Hostel. ng:
This is a platform that provides you with accommodation for a short time. Hostel. ng deals mainly on Rental.
With this platform, you can monetize your room by leasing it out.
Location: Nigeria
Hostel. ng is also equipped with a search tool that you can use to look for accommodations according to the following:
- Location
- Price
- The facilities in it
You can access their website and book your hostel now.
20. Ekaya:
Founded in 2013, Ekaya is a platform that connects people who are looking for apartments to rent. This platform is also one of the best real estate tech start-ups in Africa and deals only with rentals.
So if you’re looking for an apartment to rent, Ekaya is the one for you. You can access their services on their website.
Frequently Asked Questions
1. What is real estate tech?
A real estate tech startup is a company that uses technology to provide solutions and services such as property listings, property management, and home buying and selling in the real estate industry.
2. What are some benefits of using real estate tech start-ups in Africa?
They provide a more efficient way to search for and manage properties, streamline the buying and selling process, and improve communication and transparency between all parties involved.
3. How can real estate tech start-ups contribute to the development of the African real estate market?
By providing innovative solutions that can improve efficiency, affordability, and transparency, as well as connecting African real estate developers with international investors.
4. What role do investors play in supporting real estate tech start-ups in Africa?
Investors play a critical role in supporting real estate tech start-ups in Africa by providing the necessary funding and resources for these start-ups to develop and grow.
5. What are some challenges facing real estate tech startups in Africa?
Some challenges facing real estate tech start-ups in Africa include a lack of infrastructure, limited access to funding, regulatory barriers, and low adoption rates in some areas.
Conclusion
Real estate tech start-ups in Africa have the potential to revolutionize the real estate industry on the continent.
These start-ups are leveraging technology to address some of the challenges that have historically plagued the industry, such as lack of transparency, inefficiencies, and barriers to entry.
To ensure the success of these start-ups, they must continue to prioritize user experience, data privacy, and security, while also focusing on building strong partnerships with established players in the industry.
With the right strategy, real estate tech start-ups in Africa have the potential to unlock significant value and transform the real estate industry for years to come.
