Start-ups in real estate market boost transactions and investments.
There is no surprise that Portuguese start-up environment is one of the most developed in Europe and real estate, since Golden Visa Program was launched, has played an important role in business development and investment flood in new and existhing ventures. Casafari is one of the most funded start-ups in Portugal and has raised over € 120 million in mutiple investment rounds. Among the great capital funding, the business model of the company lies beneath data storage, AI and business management for real estate proprietors.
How Casafari is changing the game in portuguese real estate markets?
In a nutshell, Casafari provides a full platform based on data and technology for real estate enterprises to evaluate, submit and decide the best options for their needs. The main problem dealed by this market is the lack of a unified Multiple Listings Service (‘MLS’) in Europe, which pretty much makes continental listing in different countries very difficult because of the various listing patterns, whereas Casafari is aggregating, verifying and distributing this data to key industry participants, providing a continental single source of valid information for property and transaction data. The successful venture began in Portugal in 2018 and now has more than 15,000 properties listed in more than 5 countries in Europe.
Opportunities for business ventures and legal assistance
Despite the fact that real estate market is very well developed in Portugal, business based in tech, AI and web 3.0 demand specific legal assistance for sustainable growth. Since allocating specialized staff - and this connects to the digital nomads and service providers wave in Portugal - to specific ways to design contracts based in technology and data warehouse, Casafari may also help to change the way people from abroad acquire properties as as investment.
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