Pelow: Move in pay later houses in Nigeria
In Nigeria, finding a convenient house is one side of the story that entails a lot of sweat and struggles,…Read More
Nigeria has a housing shortage of 17 million units, and many Nigerians live in slums and substandard housing. Affordable housing schemes have been proposed in Nigeria several times. For instance, in 1991, the government launched “Housing for All by the Year 2000 AD” to ensure all Nigerians had decent, affordable housing. However, these housing schemes have failed to bring improvement in the housing deficit. This is because many low-income Nigerians can’t afford the mortgage payments or the high rent fees.
The home is considered an important asset. In fact, it is a refuge from the chaos of work and the peril of the streets. However, for many low- and extremely low-income families in Nigeria, the home is not a refuge but a source of mental and emotional stress, health risk, and instability.
Many low-income Nigerians still can’t afford the mortgage payments or the high rent fees. Around 50% of the population lives in cities, and about 80% of this urban population lives in poor housing with low sanitation standards. Luckily, this is where Pelow comes in!
What is Pelow, and Why Should You Be on it?
The housing crisis in Nigeria is constrained mainly by lack of proper funds, high cost of land registration, and building materials. If you are a buyer and thinking: Where can I find affordable housing in Nigeria? Don’t worry; Pelow is here to ease your burden.
Great Reasons to Choose Pelow
At Pelow, we believe that everyone deserves a safe, decent and clean place to live regardless of income, age, or gender. That is why we are committed to providing long-term affordable housing opportunities to low-income families. Every individual has different needs. As one of Nigeria’s leading and affordable housing platforms, we are proud to offer a customized platform for individuals and communities that address their varying requirements. With creative and innovative solutions, we are working efficiently and dedicatedly to provide as many low-cost houses as possible to solve the national housing crisis.