Homelike expects to reach 5,000 homes in Spain by the end of the year

This article was written and published in Spanish and has been translated into English via Google Translate. Click here to read the original article.

The proptech, which landed in Spain in February, manages real estate for stays of employees of companies of more than a month and currently has 3,000 apartments in Madrid and Barcelona

German proptech firm, Homelike, expects to close the year with a portfolio of 5,000 homes under management. Currently, the platform, which landed in Spain in February, has 3,000 properties in Barcelona and Madrid destined for the stays of employees of companies of more than one month.

Homelike's business model is based on the intermediation between companies and homeowners. In this sense, the company charges a 12% commission to the owners of the real estate, according to Cinco Días.

So far, the company created with Dustin Figge and Cristoph Kasper only has real estate in the two main Spanish cities, although he says he works on demand in secondary cities such as Malaga or Seville.

This article was written and published in Spanish and has been translated into English via Google Translate. Click here to read the original article.

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