Asset Manager

Updated:

Roomeo

Roomeo builds turnkey furnished apartments in Nigeria that double as Airbnb-ready income units, selling off-plan or finished.

Roomeo

We build fully finished and furnished apartments - ready to live in or launch your business. Ideal for living, renting or Airbnb income.

General information

Firm type

Asset Manager

Year founded

AUM

Undisclosed

Location

Region

Africa

Country

Nigeria

City

Corporate office

Sector focus

Real Estate

Frequently asked questions

Who makes investment and operational decisions at Roomeo?

Roomeo does not publicly disclose its leadership, founder, or any named principal on its website or in available public filings. All communications are branded generically to the company, leaving the identity of the decision-makers unknown.

Does Roomeo operate as a single family office or a developer?

Roomeo presents itself as a residential development company, not a family office. It builds, furnishes, and sells apartments directly to retail buyers and investors trying to place capital into Nigerian residential real estate that generates Airbnb income. There is no indication that the entity manages a single family's broader balance sheet or wealth-transfer structure.

What is the investment structure for a Roomeo apartment?

Buyers purchase the apartment off-plan at a discount by making a down payment and spreading the balance across the construction period, which the firm states is typically 12 to 15 months. Upon delivery, the unit is fully furnished and equipped with appliances, solar power, and internet, so the buyer can move in or rent it out without engaging separate contractors.

How does Roomeo source its development land and manage title risk?

The company says titles vary by project location and can be either a Deed of Sublease or a Certificate of Occupancy, with the available title disclosed before a buyer commits. This implies Roomeo assembles land on a project-by-project basis rather than holding a single large land bank under one tenure type.

Does Roomeo pool capital from multiple investors for a single project?

The firm sells individual apartment units rather than pooling equity into a commingled fund. Each buyer holds direct property rights to a specific unit, so the business model resembles a fragmented direct-investment product rather than a blind-pool real estate fund.

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