The Middle-Class Housing Problem

Nigeria's middle class occupies an awkward gap: earning too much to qualify for many subsidised schemes, yet not enough to buy outright or absorb a high-interest mortgage.

The squeeze

They are the salary earners, small-business owners and professionals who do everything "right" — and still find ownership just out of reach. Rent consumes income that could have built equity; prices climb beyond reach each year.

A model that fits the middle

RaffleProp is built for exactly this group. A ₦2,500 entry needs no mortgage approval and no large deposit. Properties are independently valued and escrow-protected, and entry value is protected if a campaign falls short — a route designed for the squeezed middle, not just the wealthy or the subsidised.

A different way to reach property ownership

RaffleProp runs FCCPC-regulated promotional competitions for real property in Nigeria. Entry starts from ₦2,500, every property is independently valued by an NIESV firm, all funds sit in escrow at a named Nigerian bank, and the winner is selected in a live-streamed, independently witnessed draw.

And your entry value is always protected: if a campaign does not reach its minimum, your full participation value converts to Home Credit you can use on any future campaign. Browse live campaigns, see how it works, or join the waitlist to be first when the next property goes live.

RaffleProp is a promotional competition open to Nigerian residents aged 18 and over. Participation requires passing a skill assessment. Play responsibly.