How it works
Diaspora Construction
1. Contact Realty Africa
Maybe you have a dream of building a house back in your homestead. You know where you want to live the moment you get the opportunity to move back home. Or maybe you want a place of your own during the holiday season.
Realty Africa can serve you in handling the financing and management during the construction of your house. This is our way of bringing innovation to Africa. We want to help the Diaspora community and make sure that you can sleep well while your dream house is being built.
Leave your name and number and you can get access to our Diaspora Construction Calculator. This calculator will show you what the service options are and how much it will cost.
2. Select your Developer
You may already be a land owner or have recently purchased land with the intention of building your home. Or maybe you already selected your developer that will build the house for you. This is all your choice and you can choose the builder of your preference.
We can assist to make sure that your money is spent on the building of the house and that your house is progressing the way you envision. We can not help you in deciding where you want your dream home to be and the way it should look.
At this moment, our service starts the moment you have your land purchased and your builder selected. We can always assist in finding a law firm and in a couple of months we will be able to guide you to a developer.
3. Choose your Diaspora Options
We offer a menu of options for you to choose from, ranging from the basic options to many additional checks and other services. Leave your name and number and you will get access to the calculator.
Before the project starts, we will agree with yourself and the developer on the stages of the building of the house. The developer will have to tell how much money you need for each stage.
Our base service option will handle the money according to the agreed phases and budget. As a result, only the money that is budgeted for the next phase will be paid. Once a stage of the building process is complete, we will go in and check the work. After the controls are in order, the new amount of money can be paid.
4. Signup on the Platform for tracking
We think that you are an investor in your own dream house back home. Therefore, our crowdfunding platform is also ideal to serve you with informtation. Anytime you can log into your account from anywhere in the world and see the progress of your build with pictures or videos and financial reports detailing expenditure to date. At the same time it will help us as well. Since we will be assisting you and we will handle your money, we have to know who you are as part of our Know Your Customer policy.
Our platform facilitates everything we do and we can only serve you if you register. Sign Up on the platform with the plan to use it for investing.
5. The Building Process can commence
After the contract is finalised between the developer and you and between Realty Africa and you, the building process can commence.
In the contracts, the following details should be agreed:
- The budget for building your house
- The 4 phases of the construction and the budget for each phase (normally the phases are foundation, walls, roof and finishing)
The project can commence if:
- You wired the money for the first phase to the Barclays accounts of Realty Africa in Botswana
- You paid the fee of Realty Africa
Realty Africa will arrange that the developer registers on the platform and register your project as well so that updates can be posted. To perform the proper checks, Realty Africa will need:
- A copy of your title deeds the contract between yourself and the developer
- The building plans
- The bill of material (list of materials and costs that are put together by the developer)