Housfy enters Portugal after ending a 6m euros funding round

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 protech firm will operate in the metropolitan areas of Lisbon and Porto with the objective of ending the first year with 300 properties in portfolio and one hundred closed transactions.

Housfy is coming to Portugal.

The Catalan proptech firm, Housfy, has made the leap to the Portuguese country after closing a round of financing of six million euros. At the moment, it will operate in the metropolitan areas of Lisbon and Porto and its Executive Director, Albert Bosch, explains that the goal is to "close the first year with 300 properties in the portfolio and reach one hundred closed transactions."

Portugal is the third market in which Housfy enters, after Spain and Italy. Bosch has pointed out that "the Portuguese consumer looks like Spanish," so they believe that "the reception of our business model will be the same or better." In this sense, the company will use a system similar to the one it has implemented in Spain, with sales commissions of between 3% and 6%.

In the coming months, the company plans to enter the markets of Turin, Genoa, Bologna and Florence, and make the leap to France. The company is a technological platform that allows individuals to sell their properties without the intermediation of the agencies. In this way, commissions can be saved since Housfy only charges them if the operation is closed.

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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