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FAQs

Simplifying home ownership globally for home buyers through fractional investment.

Buy

Yes, a single individual can own several shares, from 1 to 20 on a single property. The more shares you own, the more earnings and ROI you receive on the property.
You have the freedom to sell your shares anytime after 12 months of ownership. If you opt to sell your shares, you are free to set a selling price that suits you and have the possibility to sell by your own means or with our support.
Yes, there is a correlation between the price of the house and the price of the shares, each share representing a fraction of the house.

Choosing a property to Co-own

We have a portfolio of properties directly accessible on our website and via our newsletters that you can browse through to make your choice. 

You are at liberty to browse through available properties on our website after signing up.
If you do not find what you’re looking for, our real estate team is at your disposal to help you choose according to your different criteria and to determine the number of shares that correspond to your needs.

Co-ownership

Maihomm carefully selects each co-owner or cooperation. An application must be made and validated by Maihomm before you can become a co-owner.

Up to 20 people can come in to co-own a property individually. People can also come in groups as well to co-own one or as many slots as they can afford.

Buying a property with close friends and relatives is encouraged at Maihomm. You can sign up as a group, with the lead co-owner having sole permission to conduct transactions with Maihomm. You’ll be issued paperwork on the co-ownership of your property within your group, you can’t cash out or sell your piece of property individually only as a group. You can also contact our support if you have specific requests.

To a certain extent. We keep the names of all owners confidential before the contract is signed. You may receive the names and contact details of other owners based on the party’s consent after signing the contract.

If one of the co-owners withdraws their investment, Maihomm steps in to cover the management fees of the property. The other co-owners will not be responsible for the payments of the co-owner that chose to withdraw their investments.

As a co-owner, you won’t lose your capital because co-owning a home is a real estate purchase. It’s the same thing as buying a house, you are just buying it with others. Historically, properties have appreciated about 3-4 % annually except for covid times.

As a co-owner, you will always get a certain amount of ROI on a property you purchase because all properties under Maihomm are curated using a customized data driven mapping solution that geolocates properties in areas with high possibility of rental income via both a short and long term occupancy.



Financing

Maihomm does not offer financing options at the moment however, changes will be communicated in due time.

Operations and Costs

The monthly costs of the house (property management, maintenance, taxes, and repairs) are deducted from rental income.

The only recurring revenue we generate is the management fee. Other recurring expenses are 100% passed on directly to owners. In addition, all co-owners have access to our books and can see every transaction we undertake.

Spending time on my property

Habitable days allocated are attached to the value of shares bought by a co-owner. Check here for more details 

You book your stays through the Maihomm application. It has a dynamic calendar that is easy to use and instinctive.

You can only choose to allocate your habitable days to your immediate family.

Maihomm takes care of listing and renting out the property you co-own, you won’t need to worry about renting out your property as Maihomm has got your covered!

Property maintenance and management

Yes, the properties are insured.

If it is accidental damage, there is a high chance that the damage will be covered by the insurance policy in place. All the usual wear and tear will be covered by service charges. Any other damage, not covered by the insurance, will have to be covered by the co-owner or tenant who was in the house at that time. Maihomm handles all the operations and logistics to ensure the smoothest customer experience.

Maintenance charges are automatically deducted from rental income. This way, a co-owner cannot default on payments.

Maihomm is responsible for the security of your home.
Maihomm will majorly be responsible for the maintenance and renting of the property.

Withdrawal

You can sell your shares at any time after 12 months of ownership. You are free to set the selling price that suits you and can sell by your own means or with our commercial support.
Maihomm will recommend the current market price at the time you wish to sell, but the seller has the final say.
Yes, buyers have the right to negotiate prices according to market trends. You, as the seller, determine the selling price and therefore have the choice to accept or reject any offer. If you sell through our platform, we will advise you on the appropriate price in relation to the current market situation.

Co- owners can sell their share of the property anytime. It is first offered to other Co owners for first right of refusal and owners can sell to others personally as well after the buyer has undergone verification and validation from Maihomm. Maihomm can and will buy back the owners share in the unlikely event the co-owner could not sell on their own

No, co-owners do not have a say in the matter. Maihomm screens all potential owners who agree to a reasonable code of conduct for owners.



Rental income is paid to your account on a monthly basis and you decide when you wan to withdraw.

Lagos: 4A Opeyemisi Bamidele Crescent, off Freedom way, Lekki phase 1, Lagos, Nigeria.

London: 128 City Road, London, United Kingdom, EC1V 2NX

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DISCLAIMER

Our website is a marketplace that allows you to invest directly in any property that you so desire. All investments are done as an agreement to be bound by the Terms & Conditions of Maihomm. Maihomm’s name and logo are registered, and its services, strategies, and trademarks are protected. 

Lagos: 4A Opeyemisi Bamidele Crescent, off Freedom way, Lekki phase 1, Lagos, Nigeria.

London: 128 City Road, London, United Kingdom, EC1V 2NX

Site Links

Legal

Useful Links

Coming Soon

Subscribe to our newsletter

DISCLAIMER

Our website is a marketplace that allows you to invest directly in any property that you so desire. All investments are done as an agreement to be bound by the Terms & Conditions of Maihomm. Maihomm’s name and logo are registered, and its services, strategies, and trademarks are protected. 

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