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Residential Real Estate Construction Company Seeking Loan in Calabar, Nigeria

Building a modern estate in Nigeria’s top tourism hub.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 280 thousand
Run Rate Sales Nil
EBITDA Margin 30 - 40 %
Industries Residential Real Estate Construction
Locations  Calabar
Local Time 4:54 PM Europe / London
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Seeking Loan
USD 940 thousand for 42.0% annual interest, 3 years (Native Currency: NGN 1,500,000,000)
Reason: To fund construction and infrastructure of Phase 1 (4 plots), initiate off-plan sales, and build mom... View More
Collateral Available: USD 94 thousand
Includes physical assets worth USD 157 thousand
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Business Overview
• 4 plots fully secured in a growing part of Calabar.
• Founder with 8+ years of real estate & valuation experience.
• Existing business structure (Poshend Nig Ltd) and team support.
• Focus on modern living design + community infrastructure.
• Early buyer interest and growing demand in the area.
• Revenue model includes off-plan sales and staged investment return.
• Development aligns with Cross River’s housing growth targets.
- Thanks to our high-value projects, we're able to generate substantial monthly revenue, even with a lean team.
- Our monthly sales have declined as we are currently not generating any sales.
Products & Services Overview
The core offering is a compact, high-quality residential development of fully serviced 2–3 bedroom homes in Calabar. Designed for middle- to high-income buyers, the estate will feature modern architecture, smart-ready options, paved roads, green spaces, and secure infrastructure. Target buyers include professionals, diaspora returnees, and investors seeking long-term rental income or off-plan returns in one of Nigeria’s most promising tourism and residential corridors. The focused scale enables efficient delivery, early sales, and a strong foundation for future expansion.
Assets Overview
Tangible Assets.
• 4 secured plots in Northern Industrial Layout.
Intangible Assets.
• Registered brand (Poshend) and business model.
• Founder’s real estate network and negotiation experience.
• Market positioning and off-plan sales strategy.
• Architectural plans and design layouts.
• Early contractor and vendor relationship.
Facilities Overview
Total built-up area planned across 4 plots is approximately 1,500–2,000 sqm, featuring duplexes and terraces. Development will include paved internal roads, green spaces, and utility infrastructure. All land is fully registered, and no leasing obligations are attached.
Capitalization Overview
Self-funded to date. No debt. Single owner (100% ownership by the founder).
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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